TRUE Options History — January 2022

Name: TRUE Options Analytics - January 2022
Creator: Options Analysis Suite

In January 2022, TRUE traded between $3.17 and $3.75. ATM implied volatility averaged 68.8%. The 30-day expected move averaged 20.7%. Max pain ranged from $3.00 to $4.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.14.

Notable Days

2022-01-10: Highest Volume — 516 contracts
2022-01-10: Largest IV spike — 90.0% change
2022-01-20: Largest Expected Move — 31.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.54	$3.17	$3.75	$3.44	$3.45
Max Pain	$3.20	$3.00	$4.00	$4.00	$3.00
ATM IV	68.8%	30.9%	110.8%	77.7%	87.0%
Expected Move	20.7%	9.5%	31.8%	22.3%	24.9%
Term Structure	10.1%	-85.9%	143.6%	-12.0%	2.4%
VWIV	70.6%	53.1%	103.7%	76.5%	80.6%
Skew 25d	13.5%	-14.6%	68.5%	24.7%	9.9%
Skew 10d	48.9%	-4.4%	139.9%	37.2%	104.2%
Call IV 25d	65.4%	31.2%	123.0%	44.8%	79.9%
Put IV 25d	78.9%	40.9%	191.5%	69.5%	89.8%
Bid-Ask Spread %	57.95	9.31	118.34	9.31	38.27
Gamma HHI	0.47	0.23	0.70	0.38	0.41
Net GEX	3.8K	1.7K	6.8K	2.3K	3.3K
Net DEX	-142.3K	-193.5K	-71.2K	-71.2K	-188.9K
Net VEX	-575	-635	-492	-492	-598
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.14	0.06	0.35	0.14	0.13
Total Volume	237.5	130	516	199	130
Total OI	3,349.15	1,129	4,328	4,092	1,408

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-01-03	$3.44	$4.00	77.7%	22.3%	0.0%	0.0%	76.5%	24.7%	-12.0%	2.3K	-71.2K	-492	0.14	9.31	N/A	N/A	174	25	3,718	374
2022-01-04	$3.60	$4.00	33.1%	9.5%	0.0%	0.0%	53.5%	9.8%	34.6%	3.4K	-86.0K	-530	0.13	36.40	N/A	N/A	198	25	3,716	373
2022-01-05	$3.56	$4.00	45.6%	13.1%	0.0%	0.0%	68.0%	12.7%	29.3%	3.6K	-98.5K	-596	0.13	33.78	N/A	N/A	194	25	3,736	373
2022-01-06	$3.59	$4.00	35.0%	17.5%	0.0%	0.0%	61.5%	-14.6%	9.2%	3.5K	-90.0K	-542	0.14	53.24	N/A	N/A	194	27	3,736	373
2022-01-07	$3.70	$3.00	30.9%	18.6%	0.0%	0.0%	57.1%	4.2%	11.2%	4.3K	-111.3K	-615	0.11	71.17	N/A	N/A	247	28	3,749	373
2022-01-10	$3.61	$3.00	58.7%	15.3%	0.0%	0.0%	53.1%	-2.8%	3.2%	5.2K	-126.8K	-631	0.06	112.25	N/A	N/A	488	28	3,890	375
2022-01-11	$3.75	$3.00	58.5%	19.6%	0.0%	0.0%	70.8%	2.2%	-3.5%	6.5K	-161.1K	-588	0.14	88.86	N/A	N/A	196	28	3,953	375
2022-01-12	$3.72	$3.00	61.5%	17.6%	0.0%	0.0%	71.5%	-5.6%	2.5%	6.3K	-132.1K	-603	0.15	27.40	N/A	N/A	186	28	3,950	375
2022-01-13	$3.74	$3.00	65.8%	18.9%	0.0%	0.0%	66.6%	-2.3%	-3.9%	6.8K	-141.7K	-613	0.16	27.68	N/A	N/A	174	28	3,952	375
2022-01-14	$3.72	$3.00	58.7%	16.8%	0.0%	0.0%	57.2%	-9.3%	3.7%	6.2K	-126.6K	-599	0.15	37.76	N/A	N/A	173	26	3,953	375
2022-01-18	$3.75	$3.00	64.9%	18.6%	0.0%	0.0%	66.0%	-7.7%	-3.2%	6.7K	-193.5K	-562	0.35	30.84	N/A	N/A	170	60	3,953	205
2022-01-19	$3.71	$3.00	66.2%	19.0%	0.0%	0.0%	58.5%	-8.0%	3.5%	2.1K	-173.1K	-527	0.19	29.20	N/A	N/A	145	27	3,944	198
2022-01-20	$3.40	$3.00	110.8%	31.8%	0.0%	0.0%	92.9%	35.6%	-85.9%	1.8K	-160.8K	-539	0.07	118.34	N/A	N/A	377	27	3,938	196
2022-01-21	$3.17	$3.00	66.8%	19.1%	0.0%	0.0%	77.8%	23.4%	28.5%	1.7K	-135.4K	-504	0.06	66.18	N/A	N/A	371	22	4,091	198
2022-01-24	$3.48	$3.00	106.0%	30.4%	0.0%	0.0%	103.7%	28.4%	143.6%	2.0K	-162.2K	-563	0.14	81.09	N/A	N/A	316	43	1,037	92
2022-01-25	$3.46	$3.00	98.9%	28.3%	0.0%	0.0%	66.2%	44.5%	-18.4%	3.0K	-183.0K	-635	0.13	99.11	N/A	N/A	131	17	1,261	123
2022-01-26	$3.27	$3.00	96.8%	27.8%	0.0%	0.0%	87.6%	36.5%	-40.7%	2.8K	-178.8K	-613	0.11	99.57	N/A	N/A	117	13	1,299	121
2022-01-27	$3.22	$3.00	88.0%	25.2%	0.0%	0.0%	74.9%	20.3%	66.0%	2.6K	-164.8K	-610	0.12	51.37	N/A	N/A	121	15	1,309	120
2022-01-28	$3.36	$3.00	65.9%	18.9%	0.0%	0.0%	67.5%	68.5%	31.6%	1.8K	-159.6K	-532	0.28	47.27	N/A	N/A	122	34	1,299	97
2022-01-31	$3.45	$3.00	87.0%	24.9%	0.0%	0.0%	80.6%	9.9%	2.4%	3.3K	-188.9K	-598	0.13	38.27	N/A	N/A	115	15	1,311	97