TRUE Options History — June 2022

In June 2022, TRUE traded between $2.57 and $3.40. ATM implied volatility averaged 74.9%. The 30-day expected move averaged 20.3%. Max pain ranged from $3.00 to $3.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.04.

Notable Days

  • 2022-06-01: Highest Volume — 1,538 contracts
  • 2022-06-28: Largest IV spike — 261.3% change
  • 2022-06-28: Largest Expected Move — 53.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.91$2.57$3.40$3.40$2.59
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV74.9%44.7%187.5%109.1%61.4%
Expected Move20.3%12.8%53.8%31.3%17.6%
Term Structure-8.0%-113.8%33.6%-21.5%15.0%
VWIV105.6%43.0%241.5%97.7%176.1%
Skew 25d31.2%-19.6%112.1%107.8%23.0%
Skew 10d43.5%-48.3%153.8%66.3%36.4%
Call IV 25d65.6%39.9%121.1%39.9%77.4%
Put IV 25d96.8%44.7%226.3%147.8%100.3%
Bid-Ask Spread %87.2436.69124.8388.1657.36
Gamma HHI0.780.520.970.590.89
Net GEX-20.8K-36.1K-5.4K-11.2K-18.5K
Net DEX479.8K112.1K778.2K112.1K778.2K
Net VEX-1.6K-2.6K-772-2.5K-772
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.010.080.010.04
Total Volume552.0951881,5381,538224
Total OI6,643.196,5516,7246,5516,719

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$3.40$3.00109.1%31.3%0.0%0.0%97.7%107.8%-21.5%-11.2K112.1K-2.5K0.0188.16N/AN/A1,52992,0974,454
2022-06-02$3.39$3.0088.9%14.7%0.0%0.0%69.0%-8.9%-12.1%-5.4K151.2K-2.6K0.0166.23N/AN/A1,52982,0984,454
2022-06-03$3.24$3.0074.6%15.8%0.0%0.0%43.0%14.5%-5.4%-19.5K190.0K-2.1K0.0187.40N/AN/A1,52982,0984,455
2022-06-06$3.29$3.0057.3%15.6%0.0%0.0%45.2%20.7%-11.9%-23.8K208.7K-1.9K0.0136.69N/AN/A1,52982,0984,455
2022-06-07$3.24$3.0087.8%16.7%0.0%0.0%46.7%-7.9%-29.2%-21.5K233.1K-2.0K0.0178.42N/AN/A1,52982,0984,456
2022-06-08$3.20$3.0054.9%15.7%0.0%0.0%102.2%-19.6%-8.1%-17.6K263.8K-2.1K0.0449.53N/AN/A18082,0984,456
2022-06-09$3.11$3.0051.1%14.7%0.0%0.0%98.2%6.7%-11.5%-21.9K350.2K-2.0K0.0483.97N/AN/A18082,0974,456
2022-06-10$2.91$3.0071.6%20.5%0.0%0.0%164.7%8.8%-0.2%-17.8K494.5K-1.9K0.0879.07N/AN/A219172,0974,456
2022-06-13$2.69$3.0069.5%19.9%0.0%0.0%135.2%109.7%0.8%-19.3K633.3K-1.5K0.06111.78N/AN/A286182,1274,460
2022-06-14$2.69$3.0084.8%24.3%0.0%0.0%139.3%90.7%33.6%-15.6K486.0K-1.7K0.07119.05N/AN/A265182,1984,464
2022-06-15$2.76$3.0061.9%17.7%0.0%0.0%150.0%14.8%30.9%-24.2K597.3K-1.6K0.07108.06N/AN/A265182,2584,465
2022-06-16$2.68$3.0059.6%17.1%0.0%0.0%149.7%-6.3%0.0%-20.4K654.6K-1.4K0.07101.92N/AN/A265182,2584,465
2022-06-17$2.82$3.0044.7%12.8%0.0%0.0%68.9%35.2%-27.1%-36.1K678.0K-1.4K0.05113.44N/AN/A265142,2584,466
2022-06-21$2.73$3.0067.5%19.3%0.0%0.0%73.6%7.0%0.8%-23.8K645.7K-1.3K0.0286.03N/AN/A22342,2444,449
2022-06-22$2.79$3.0062.4%17.9%0.0%0.0%71.4%11.4%1.3%-27.9K634.0K-1.3K0.0279.72N/AN/A23342,2484,448
2022-06-23$2.78$3.0063.7%18.3%0.0%0.0%92.1%7.2%16.8%-27.9K632.6K-1.3K0.0473.07N/AN/A23492,2564,448
2022-06-24$2.85$3.0058.2%16.7%0.0%0.0%64.1%15.7%28.3%-33.2K617.5K-1.3K0.0471.97N/AN/A23492,2564,453
2022-06-27$2.69$3.0051.9%14.9%0.0%0.0%78.1%112.1%6.1%-29.2K658.6K-1.1K0.04109.08N/AN/A22492,2564,452
2022-06-28$2.57$3.00187.5%53.8%0.0%0.0%241.5%7.2%-113.8%-8.1K431.6K-1.4K0.04124.83N/AN/A22492,2664,452
2022-06-29$2.59$3.00104.8%30.0%0.0%0.0%110.4%105.2%-52.2%-13.8K624.9K-1.1K0.04106.21N/AN/A21592,2664,452
2022-06-30$2.59$3.0061.4%17.6%0.0%0.0%176.1%23.0%15.0%-18.5K778.2K-7720.0457.36N/AN/A21592,2674,452