TRUE Options History — August 2024

In August 2024, TRUE traded between $2.69 and $3.42. ATM implied volatility averaged 71.5%. The 30-day expected move averaged 15.8%. Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.10.

Notable Days

  • 2024-08-05: Highest Volume — 269 contracts
  • 2024-08-08: Largest IV spike — 99.5% change
  • 2024-08-01: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.94$2.69$3.42$3.42$2.98
Max Pain$3.41$2.50$5.00$2.50$2.50
ATM IV71.5%39.9%186.6%94.8%48.3%
Expected Move15.8%11.4%27.2%27.2%13.8%
Term Structure-20.7%-141.6%37.9%-63.9%-7.7%
VWIV65.8%40.3%97.0%97.0%40.3%
Bid-Ask Spread %102.0562.69156.0962.69102.96
Gamma HHI0.680.510.880.870.82
Net GEX521-104790507790
Net DEX-25.1K-98.6K-6.8K-17.6K-27.3K
Net VEX-218-491-78-89-245
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.0011.830.000.00
Total Volume59.7730269011
Total OI1,300.1369781,9689781,201

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$3.42$2.5094.8%27.2%0.0%0.0%0.0%0.0%-63.9%507-17.6K-890.0062.69N/AN/A0091563
2024-08-02$3.38$2.5087.7%25.1%0.0%0.0%0.0%0.0%-51.2%406-17.1K-780.0065.26N/AN/A100091563
2024-08-05$3.15$5.0084.6%25.7%0.0%0.0%97.0%0.0%17.6%469-25.5K-1480.4997.07N/AN/A181881,01563
2024-08-06$2.69$5.0052.7%11.5%0.0%0.0%0.0%0.0%-141.6%-104-6.8K-1090.02156.09N/AN/A12831,196110
2024-08-07$2.76$5.0093.5%17.0%0.0%0.0%81.7%0.0%37.9%498-18.2K-2231.6790.83N/AN/A351,291113
2024-08-08$2.85$5.00186.6%13.6%0.0%0.0%0.0%0.0%16.4%705-22.8K-2310.00119.59N/AN/A001,304118
2024-08-09$2.88$5.0086.3%15.3%0.0%0.0%0.0%0.0%-31.4%356-20.8K-2080.00108.33N/AN/A001,304118
2024-08-12$2.80$5.0098.4%12.5%0.0%0.0%0.0%0.0%2.4%211-17.5K-1790.00110.42N/AN/A001,304118
2024-08-13$2.95$5.00148.4%15.7%0.0%0.0%0.0%0.0%-13.7%384-24.4K-2020.00137.22N/AN/A20001,304118
2024-08-14$2.92$5.0044.0%12.6%0.0%0.0%44.0%0.0%5.4%767-34.5K-30011.83105.61N/AN/A6711,504118
2024-08-15$2.95$2.5039.9%11.4%0.0%0.0%0.0%0.0%-114.8%757-98.6K-4910.00150.61N/AN/A02091,510189
2024-08-16$2.91$2.5074.1%21.2%0.0%0.0%0.0%0.0%16.4%613-21.7K-2270.00143.15N/AN/A0301,510458
2024-08-19$2.92$2.5047.4%13.6%0.0%0.0%0.0%0.0%-15.4%609-22.6K-2100.2571.29N/AN/A61151,096102
2024-08-20$2.79$2.5040.1%11.5%0.0%0.0%0.0%0.0%-6.6%419-19.6K-2230.0063.29N/AN/A501,051115
2024-08-21$2.81$2.5049.0%14.1%0.0%0.0%0.0%0.0%-1.6%488-18.4K-2330.00105.00N/AN/A1401,055115
2024-08-22$2.79$2.5046.1%13.2%0.0%0.0%0.0%0.0%8.5%331-13.9K-2050.0065.84N/AN/A001,069115
2024-08-23$2.84$2.5049.6%14.2%0.0%0.0%40.3%0.0%-18.1%472-20.1K-2240.06104.49N/AN/A161101,069115
2024-08-26$2.95$2.5046.0%13.2%0.0%0.0%0.0%0.0%-26.3%657-26.6K-2490.00102.89N/AN/A701,070120
2024-08-27$2.99$2.5064.2%18.4%0.0%0.0%0.0%0.0%-44.4%769-29.1K-2870.0074.84N/AN/A001,074120
2024-08-28$2.92$2.5044.4%12.7%0.0%0.0%0.0%0.0%-10.8%652-23.0K-2170.00104.03N/AN/A701,074120
2024-08-29$2.98$2.5047.1%13.5%0.0%0.0%0.0%0.0%-11.9%713-26.2K-2280.00103.55N/AN/A001,081120
2024-08-30$2.98$2.5048.3%13.8%0.0%0.0%0.0%0.0%-7.7%790-27.3K-2450.00102.96N/AN/A1101,081120