TRUE Options History — December 2022

In December 2022, TRUE traded between $2.25 and $2.79. ATM implied volatility averaged 73.3%. The 30-day expected move averaged 17.7%. Max pain ranged from $2.00 to $2.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 63.17.

Notable Days

  • 2022-12-19: Highest Volume — 1,135 contracts
  • 2022-12-12: Largest IV spike — 213.5% change
  • 2022-12-02: Largest Expected Move — 20.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.50$2.25$2.79$2.79$2.51
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV73.3%48.8%236.6%69.3%66.0%
Expected Move17.7%14.0%20.7%19.9%18.9%
Term Structure2.3%-26.0%45.8%36.1%-11.0%
VWIV63.5%48.2%79.1%72.9%52.9%
Skew 25d-8.6%-45.6%68.0%68.0%14.1%
Skew 10d5.3%-16.7%84.1%84.1%6.7%
Call IV 25d70.4%50.6%96.3%75.7%55.8%
Put IV 25d61.7%43.7%143.7%143.7%69.9%
Bid-Ask Spread %67.8839.9993.0760.0566.20
Gamma HHI0.770.560.950.660.95
Net GEX-6.2K-15.0K-2.3K-4.5K-15.0K
Net DEX288.4K-222.1K1.1M-222.1K1.1M
Net VEX-3.3K-5.4K-2.2K-2.9K-5.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio63.170.00602.000.100.00
Total Volume264.52401,135231
Total OI6,928.3335,7749,0616,3089,060

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$2.79$2.0069.3%19.9%0.0%0.0%72.9%68.0%36.1%-4.5K-222.1K-2.9K0.1060.05N/AN/A2123,0773,231
2022-12-02$2.77$2.0072.2%20.7%0.0%0.0%72.0%3.5%-10.5%-3.5K-178.2K-2.8K1.0093.07N/AN/A10103,0933,233
2022-12-05$2.79$2.0080.5%20.3%0.0%0.0%0.0%3.5%-0.2%-4.6K-189.6K-2.7K0.2577.58N/AN/A413,0993,243
2022-12-06$2.76$2.0078.8%20.1%0.0%0.0%0.0%0.5%-8.2%-4.5K-167.2K-2.7K1.0052.40N/AN/A10103,1003,244
2022-12-07$2.51$2.0073.7%19.5%0.0%0.0%66.9%-9.3%-8.0%-2.5K-31.4K-2.3K0.0839.99N/AN/A2623,3153,262
2022-12-08$2.55$2.0061.2%18.4%0.0%0.0%55.6%-14.4%-1.4%-2.7K-18.3K-2.3K0.0063.47N/AN/A303,3153,260
2022-12-09$2.54$2.0075.5%20.2%0.0%0.0%69.1%-16.1%-2.9%-2.6K-15.9K-2.3K602.0072.21N/AN/A16023,3143,260
2022-12-12$2.45$2.00236.6%14.7%0.0%0.0%0.0%-23.2%14.4%-2.5K-46.0K-2.2K0.0060.42N/AN/A003,3143,027
2022-12-13$2.60$2.0091.7%18.3%0.0%0.0%49.6%-1.5%1.7%-2.3K-100.0K-2.3K0.1074.71N/AN/A1013,3143,027
2022-12-14$2.62$2.0066.6%19.1%0.0%0.0%0.0%-6.7%-2.4%-2.5K-88.6K-2.4K0.0078.44N/AN/A203,3103,028
2022-12-15$2.42$2.0062.9%18.0%0.0%0.0%79.1%-32.7%-14.0%-2.8K-32.6K-2.2K100.0054.22N/AN/A55003,3103,028
2022-12-16$2.33$2.0054.4%15.6%0.0%0.0%65.4%-42.3%-0.4%-3.8K8.3K-2.3K15.1871.00N/AN/A661,0023,3093,281
2022-12-19$2.34$2.0057.3%16.4%0.0%0.0%65.6%-45.6%5.8%-5.8K463.3K-3.4K50.5985.35N/AN/A221,1131,3154,459
2022-12-20$2.40$2.0048.9%14.0%0.0%0.0%0.0%-43.9%45.8%-8.1K662.8K-4.1K127.6077.01N/AN/A56381,3155,471
2022-12-21$2.44$2.0062.6%17.9%0.0%0.0%48.2%1.3%-26.0%-9.6K716.7K-4.6K0.0041.01N/AN/A2101,3206,108
2022-12-22$2.35$2.0059.9%17.2%0.0%0.0%0.0%-4.0%13.4%-9.4K708.4K-4.5K7.0076.96N/AN/A4281,3416,108
2022-12-23$2.35$2.0048.8%14.0%0.0%0.0%0.0%-11.1%16.8%-10.4K750.5K-4.3K0.0061.39N/AN/A001,3456,136
2022-12-27$2.33$2.0054.1%15.5%0.0%0.0%0.0%-13.9%4.5%-10.4K778.8K-4.3K0.0068.11N/AN/A05011,3456,136
2022-12-28$2.25$2.0053.7%15.4%0.0%0.0%64.3%-15.6%8.6%-9.4K862.5K-4.3K232.2563.56N/AN/A49291,3456,636
2022-12-29$2.42$2.0063.8%18.3%0.0%0.0%0.0%7.9%-14.5%-13.2K1.1M-5.3K0.0088.41N/AN/A101,3467,715
2022-12-30$2.51$2.0066.0%18.9%0.0%0.0%52.9%14.1%-11.0%-15.0K1.1M-5.4K0.0066.20N/AN/A101,3457,715