TRUE Options History — February 2024

Name: TRUE Options Analytics - February 2024
Creator: Options Analysis Suite

In February 2024, TRUE traded between $3.21 and $4.00. ATM implied volatility averaged 103.9%. The 30-day expected move averaged 27.4%. Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.26.

Notable Days

2024-02-21: Highest Volume — 945 contracts
2024-02-26: Largest IV spike — 76.4% change
2024-02-21: Largest Expected Move — 45.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.66	$3.21	$4.00	$3.66	$3.46
Max Pain	$3.00	$2.50	$5.00	$5.00	$2.50
ATM IV	103.9%	47.1%	158.7%	99.6%	93.1%
Expected Move	27.4%	12.6%	45.5%	25.5%	26.7%
Term Structure	-27.3%	-141.6%	23.8%	-74.1%	-42.4%
VWIV	127.0%	72.6%	274.0%	83.6%	101.9%
Skew 25d	17.8%	-1.2%	42.6%	19.7%	5.8%
Skew 10d	44.6%	-23.7%	209.2%	57.4%	17.3%
Call IV 25d	47.4%	35.8%	61.6%	43.5%	51.4%
Put IV 25d	65.2%	55.9%	78.4%	63.2%	57.2%
Bid-Ask Spread %	81.01	22.71	126.86	85.08	70.16
Gamma HHI	0.66	0.47	0.76	0.75	0.50
Net GEX	2.8K	1.9K	4.8K	1.9K	4.8K
Net DEX	-83.3K	-181.4K	-58.2K	-58.2K	-111.7K
Net VEX	-443	-1.0K	-263	-263	-790
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.26	0.00	2.14	1.50	0.00
Total Volume	57.9	0	945	5	20
Total OI	785	425	1,485	425	1,485

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
2024-02-01	$3.66	$0.00	99.6%	25.5%	0.0%	0.0%	0.0%	19.7%	-74.1%	1.9K	-58.2K	-263	1.50	85.08	N/A	N/A	2	3	404	21
2024-02-02	$3.75	$0.00	115.4%	16.5%	0.0%	0.0%	0.0%	27.7%	-7.7%	1.9K	-65.0K	-277	0.00	22.71	N/A	N/A	4	0	406	24
2024-02-05	$3.75	$0.00	130.3%	19.7%	0.0%	0.0%	0.0%	18.2%	-31.2%	2.1K	-68.1K	-278	0.00	64.37	N/A	N/A	8	0	410	24
2024-02-06	$3.90	$0.00	78.1%	12.6%	0.0%	0.0%	0.0%	6.3%	17.2%	2.1K	-77.8K	-292	0.25	73.13	N/A	N/A	28	7	417	24
2024-02-07	$3.73	$0.00	73.7%	21.1%	0.0%	0.0%	0.0%	-1.2%	-25.1%	2.2K	-70.6K	-297	0.00	39.16	N/A	N/A	13	0	456	31
2024-02-08	$3.80	$5.00	47.1%	13.5%	0.0%	0.0%	0.0%	2.7%	19.8%	2.3K	-77.0K	-312	0.00	40.80	N/A	N/A	8	0	466	31
2024-02-09	$3.88	$5.00	51.2%	14.7%	0.0%	0.0%	0.0%	5.7%	16.8%	2.3K	-80.5K	-309	0.00	92.18	N/A	N/A	3	0	466	31
2024-02-12	$4.00	$5.00	74.6%	21.4%	0.0%	0.0%	83.6%	12.3%	18.5%	2.5K	-90.1K	-314	0.00	98.06	N/A	N/A	21	0	467	31
2024-02-13	$3.67	$2.50	73.2%	21.0%	0.0%	0.0%	0.0%	21.4%	-33.0%	2.3K	-66.9K	-299	0.00	79.92	N/A	N/A	1	0	488	31
2024-02-14	$3.75	$2.50	117.9%	33.8%	0.0%	0.0%	0.0%	22.9%	-22.6%	2.4K	-73.8K	-312	0.00	82.69	N/A	N/A	11	0	487	31
2024-02-15	$3.92	$2.50	103.3%	29.6%	0.0%	0.0%	72.6%	6.2%	23.8%	2.3K	-84.9K	-314	0.00	116.58	N/A	N/A	17	0	479	31
2024-02-16	$3.75	$2.50	132.6%	38.0%	0.0%	0.0%	0.0%	22.8%	-45.4%	2.4K	-73.0K	-294	0.00	106.87	N/A	N/A	0	0	496	31
2024-02-20	$3.65	$2.50	154.6%	44.3%	0.0%	0.0%	145.0%	19.4%	-141.6%	2.3K	-61.7K	-272	2.14	87.94	N/A	N/A	7	15	484	21
2024-02-21	$3.90	$2.50	158.7%	45.5%	0.0%	0.0%	274.0%	0.0%	13.0%	2.8K	-86.5K	-305	0.00	114.73	N/A	N/A	943	2	492	37
2024-02-22	$3.42	$2.50	135.1%	38.7%	0.0%	0.0%	0.0%	12.8%	-86.9%	3.8K	-181.4K	-1.0K	0.57	97.72	N/A	N/A	23	13	1,427	35
2024-02-23	$3.27	$2.50	75.6%	21.7%	0.0%	0.0%	84.6%	16.9%	-30.5%	3.9K	-79.4K	-713	0.00	48.02	N/A	N/A	4	0	1,438	46
2024-02-26	$3.21	$2.50	133.4%	38.2%	0.0%	0.0%	0.0%	42.6%	-36.9%	3.6K	-81.8K	-712	0.00	126.86	N/A	N/A	0	2	1,438	46
2024-02-27	$3.33	$2.50	140.9%	40.4%	0.0%	0.0%	0.0%	37.5%	-35.3%	4.1K	-95.0K	-764	0.00	106.97	N/A	N/A	0	0	1,438	46
2024-02-28	$3.31	$2.50	90.1%	25.8%	0.0%	0.0%	101.9%	37.6%	-42.0%	4.0K	-83.6K	-706	0.00	66.21	N/A	N/A	3	0	1,438	46
2024-02-29	$3.46	$2.50	93.1%	26.7%	0.0%	0.0%	0.0%	5.8%	-42.4%	4.8K	-111.7K	-790	0.00	70.16	N/A	N/A	20	0	1,439	46