TRUE Options History — August 2022

In August 2022, TRUE traded between $2.19 and $2.65. ATM implied volatility averaged 70.7%. The 30-day expected move averaged 19.5%. Max pain ranged from $2.00 to $2.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.06.

Notable Days

  • 2022-08-03: Highest Volume — 757 contracts
  • 2022-08-17: Largest IV spike — 267.6% change
  • 2022-08-30: Largest Expected Move — 39.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.44$2.19$2.65$2.58$2.19
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV70.7%32.1%137.7%99.9%127.8%
Expected Move19.5%9.1%39.5%28.6%36.6%
Term Structure-17.8%-165.5%29.2%-37.5%-165.5%
VWIV113.9%38.2%241.8%96.6%157.3%
Skew 25d5.0%-104.2%114.3%28.8%11.6%
Skew 10d17.2%-101.0%154.4%42.4%4.5%
Call IV 25d66.6%32.0%191.8%98.9%78.2%
Put IV 25d71.6%37.1%155.1%127.8%89.8%
Bid-Ask Spread %89.1533.38150.3271.14110.62
Gamma HHI0.860.620.950.910.84
Net GEX5.2K1.3K8.9K6.0K3.5K
Net DEX-112.8K-215.5K-45.6K-135.5K-130.6K
Net VEX-434-675-235-528-415
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.000.330.070.16
Total Volume145.348075710471
Total OI2,171.131,6692,5311,6692,038

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$2.58$2.0099.9%28.6%0.0%0.0%96.6%28.8%-37.5%6.0K-135.5K-5280.0771.14N/AN/A9771,6609
2022-08-02$2.56$2.00120.7%34.6%0.0%0.0%117.6%-27.2%-32.2%4.9K-173.8K-5580.0533.38N/AN/A637301,66510
2022-08-03$2.57$2.0045.0%12.9%0.0%0.0%87.0%8.0%17.1%7.5K-143.2K-5160.0480.97N/AN/A727302,09634
2022-08-04$2.63$2.0050.5%18.6%0.0%0.0%93.5%-11.2%-14.8%8.6K-196.3K-6440.04113.70N/AN/A726302,17334
2022-08-05$2.61$2.0050.6%11.7%0.0%0.0%129.6%5.0%29.2%8.9K-149.8K-5250.1197.23N/AN/A261302,17134
2022-08-08$2.65$2.00102.1%17.0%0.0%0.0%100.9%-39.7%23.2%7.3K-215.5K-6400.15104.44N/AN/A261392,13034
2022-08-09$2.52$2.0059.6%9.1%0.0%0.0%0.0%5.1%-1.2%5.9K-70.7K-2840.0039.07N/AN/A302,13044
2022-08-10$2.52$2.0032.1%9.2%0.0%0.0%0.0%5.2%4.8%4.8K-64.3K-2610.0055.83N/AN/A4602,13344
2022-08-11$2.57$2.0035.0%10.0%0.0%0.0%0.0%-1.7%-4.8%6.5K-84.5K-3540.0093.65N/AN/A25002,17243
2022-08-12$2.60$2.0042.5%12.2%0.0%0.0%0.0%7.2%-4.7%8.1K-139.6K-5870.0077.74N/AN/A1002,42243
2022-08-15$2.58$2.0037.5%10.8%0.0%0.0%0.0%1.5%-6.0%7.3K-113.4K-5020.0091.90N/AN/A3602,43243
2022-08-16$2.61$2.0034.4%9.9%0.0%0.0%38.2%114.3%-0.0%8.2K-137.6K-5550.0098.96N/AN/A1002,46543
2022-08-17$2.44$2.00126.6%36.3%0.0%0.0%166.3%-104.2%-21.8%4.1K-199.6K-6750.15150.32N/AN/A1322,47043
2022-08-18$2.47$2.0098.7%28.3%0.0%0.0%57.6%54.4%-32.6%6.1K-133.3K-5450.0073.24N/AN/A402,48245
2022-08-19$2.32$2.0044.5%12.8%0.0%0.0%54.3%10.7%1.8%2.2K-55.9K-2640.00108.30N/AN/A1402,48645
2022-08-22$2.25$2.0057.8%16.6%0.0%0.0%0.0%7.9%-5.2%2.7K-56.8K-2970.3392.60N/AN/A312,02411
2022-08-23$2.26$2.0038.6%11.1%0.0%0.0%241.8%-72.9%9.6%1.3K-46.5K-2350.0098.89N/AN/A022,02711
2022-08-24$2.25$2.0047.2%13.5%0.0%0.0%46.8%2.5%1.6%1.7K-45.6K-2380.0055.79N/AN/A202,02711
2022-08-25$2.28$2.0085.0%24.4%0.0%0.0%0.0%77.0%6.0%4.1K-79.3K-3720.0080.18N/AN/A002,02810
2022-08-26$2.26$2.0075.3%21.6%0.0%0.0%0.0%50.6%8.0%3.5K-63.1K-3100.00104.24N/AN/A002,02810
2022-08-29$2.21$2.0077.2%22.1%0.0%0.0%0.0%-24.5%-52.1%2.8K-55.9K-2790.0092.30N/AN/A002,02810
2022-08-30$2.23$2.00137.7%39.5%0.0%0.0%206.7%5.9%-131.5%3.8K-103.5K-4040.00126.01N/AN/A102,02810
2022-08-31$2.19$2.00127.8%36.6%0.0%0.0%157.3%11.6%-165.5%3.5K-130.6K-4150.16110.62N/AN/A61102,02810