TRUE Options History — November 2022

In November 2022, TRUE traded between $1.69 and $2.97. ATM implied volatility averaged 90.5%. The 30-day expected move averaged 23.9%. Max pain ranged from $2.00 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 10.46.

Notable Days

  • 2022-11-15: Highest Volume — 2,585 contracts
  • 2022-11-10: Largest IV spike — 63.3% change
  • 2022-11-01: Largest Expected Move — 47.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.28$1.69$2.97$1.89$2.54
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV90.5%46.4%165.2%165.2%80.0%
Expected Move23.9%13.3%47.4%47.4%22.9%
Term Structure-14.0%-29.4%25.6%-21.7%-20.1%
VWIV89.3%59.4%131.6%131.6%96.8%
Skew 25d22.2%-27.3%209.5%105.4%-20.1%
Skew 10d43.8%-41.2%249.1%110.1%-18.0%
Call IV 25d96.0%49.0%161.7%161.7%97.0%
Put IV 25d118.2%68.8%267.1%267.1%76.8%
Bid-Ask Spread %62.5622.43113.5591.1248.24
Gamma HHI0.670.430.900.840.43
Net GEX5.7K27316.2K4.6K273
Net DEX-310.4K-914.5K-37.0K-157.9K-111.9K
Net VEX-973-2.3K-428-499-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.460.01125.500.0171.43
Total Volume956.33332,585783507
Total OI3,980.4762,1485,8092,1485,809

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$1.89$2.00165.2%47.4%0.0%0.0%131.6%105.4%-21.7%4.6K-157.9K-4990.0191.12N/AN/A77762,13216
2022-11-02$1.99$2.0097.1%27.8%0.0%0.0%97.5%29.4%-29.4%8.6K-272.4K-7240.0480.74N/AN/A1,209462,78446
2022-11-03$2.09$2.0096.4%21.7%0.0%0.0%75.3%17.9%-13.0%8.1K-315.1K-7250.14113.55N/AN/A335462,73656
2022-11-04$2.17$2.00133.2%25.7%0.0%0.0%90.0%27.6%-21.0%5.5K-389.1K-6690.2194.36N/AN/A6801432,71856
2022-11-07$2.21$2.00136.4%22.8%0.0%0.0%79.9%15.3%-17.1%6.4K-403.0K-6970.8765.11N/AN/A4483902,876182
2022-11-08$1.78$2.0086.7%16.1%0.0%0.0%63.1%60.4%6.4%5.8K-87.3K-6210.5382.57N/AN/A5222762,936548
2022-11-09$1.69$2.0046.4%13.3%0.0%0.0%131.3%209.5%25.6%4.6K-37.0K-4281.5767.28N/AN/A1612532,841351
2022-11-10$1.76$2.0075.8%21.7%0.0%0.0%83.4%55.9%-10.8%5.7K-114.5K-5320.2361.30N/AN/A160372,903293
2022-11-11$1.97$2.0075.8%21.7%0.0%0.0%75.5%9.2%-10.0%7.6K-193.2K-6460.1073.95N/AN/A404412,904318
2022-11-14$1.97$2.0074.6%21.4%0.0%0.0%74.9%11.0%-7.6%8.3K-220.5K-6920.3852.71N/AN/A107413,226323
2022-11-15$2.57$2.0089.5%25.7%0.0%0.0%59.4%-5.8%-25.4%6.2K-614.9K-7860.1368.97N/AN/A2,2932923,214323
2022-11-16$2.53$2.0092.4%26.5%0.0%0.0%80.5%-12.4%-24.2%7.6K-639.5K-9610.1191.16N/AN/A1,4151614,987456
2022-11-17$2.97$2.0093.4%26.8%0.0%0.0%93.8%20.7%-15.7%16.2K-914.5K-7930.2422.43N/AN/A1,4353414,418587
2022-11-18$2.66$2.0084.2%24.1%0.0%0.0%82.8%-11.2%-9.0%5.1K-584.8K-7550.3123.51N/AN/A1,3204054,464827
2022-11-21$2.56$2.0089.5%25.7%0.0%0.0%89.1%12.7%-28.5%4.7K-354.3K-7720.9927.23N/AN/A1,1791,1662,964736
2022-11-22$2.54$2.0093.1%26.7%0.0%0.0%92.5%-21.2%-19.3%4.3K-285.1K-1.6K0.0745.79N/AN/A1,124743,4081,528
2022-11-23$2.52$2.0086.0%24.7%0.0%0.0%83.6%-18.3%-18.4%3.3K-247.3K-1.4K0.3543.90N/AN/A9153233,1161,539
2022-11-25$2.53$2.0075.2%21.6%0.0%0.0%103.5%34.3%-23.5%2.4K-245.8K-1.6K0.5058.96N/AN/A213,0921,739
2022-11-28$2.48$2.0064.7%18.5%0.0%0.0%105.2%-27.3%2.3%3.1K-195.2K-1.5K15.9451.93N/AN/A325103,0931,739
2022-11-29$2.50$2.0063.9%18.3%0.0%0.0%86.0%-26.7%-13.8%1.6K-136.0K-1.8K125.5048.98N/AN/A45023,0772,229
2022-11-30$2.54$2.0080.0%22.9%0.0%0.0%96.8%-20.1%-20.1%273-111.9K-2.3K71.4348.24N/AN/A75003,0782,731