TRUE Options History — September 2024

In September 2024, TRUE traded between $2.90 and $3.45. ATM implied volatility averaged 73.5%. The 30-day expected move averaged 19.9%. Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 8.28.

Notable Days

  • 2024-09-20: Highest Volume — 110 contracts
  • 2024-09-19: Largest IV spike — 98.6% change
  • 2024-09-25: Largest Expected Move — 32.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.19$2.90$3.45$2.90$3.45
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV73.5%45.3%113.0%53.8%70.4%
Expected Move19.9%11.7%32.4%15.4%20.2%
Term Structure9.5%-28.9%309.5%8.5%23.9%
VWIV68.3%68.0%68.6%68.0%68.6%
Bid-Ask Spread %52.8210.46102.85102.8513.79
Gamma HHI0.890.691.000.710.98
Net GEX8242901.6K625675
Net DEX-26.3K-41.6K-18.4K-21.1K-21.7K
Net VEX-167-281-70-201-82
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.280.0061.000.0010.00
Total Volume14.450110211
Total OI1,113.358481,3191,201850

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$2.90$2.5053.8%15.4%0.0%0.0%0.0%0.0%8.5%625-21.1K-2010.00102.85N/AN/A201,081120
2024-09-04$3.02$2.5080.0%22.9%0.0%0.0%0.0%0.0%-28.9%604-22.8K-1890.0089.68N/AN/A301,081120
2024-09-05$3.09$2.5061.8%13.0%0.0%0.0%0.0%0.0%4.1%847-28.6K-2120.0060.78N/AN/A301,084120
2024-09-06$3.00$2.5057.5%12.0%0.0%0.0%0.0%0.0%12.7%806-29.6K-2310.0015.71N/AN/A001,087120
2024-09-09$3.06$2.5067.0%12.8%0.0%0.0%0.0%0.0%4.5%725-24.4K-1860.0012.90N/AN/A001,087120
2024-09-10$3.06$2.5070.3%11.7%0.0%0.0%0.0%0.0%13.4%737-25.6K-1840.5010.46N/AN/A211,087120
2024-09-11$3.05$2.5046.5%13.3%0.0%0.0%0.0%0.0%-3.9%539-20.6K-1460.0091.20N/AN/A001,089121
2024-09-12$3.16$2.5059.4%17.0%0.0%0.0%0.0%0.0%-5.9%1.1K-32.6K-2340.0067.13N/AN/A701,089121
2024-09-13$3.21$2.5047.1%13.5%0.0%0.0%68.0%0.0%-2.1%1.0K-31.7K-2040.0016.75N/AN/A0121,089121
2024-09-16$3.17$2.5046.9%13.4%0.0%0.0%0.0%0.0%0.6%991-29.5K-2280.0026.47N/AN/A0101,089128
2024-09-17$3.13$2.5045.3%13.0%0.0%0.0%0.0%0.0%-13.0%290-18.4K-709.3314.15N/AN/A6561,089118
2024-09-18$3.19$2.5052.3%15.0%0.0%0.0%0.0%0.0%-24.0%356-19.6K-7161.0062.56N/AN/A1611,089168
2024-09-19$3.31$2.50103.8%29.7%0.0%0.0%0.0%0.0%309.5%1.3K-31.0K-1880.0060.80N/AN/A101,089229
2024-09-20$3.34$2.50103.4%29.6%0.0%0.0%0.0%0.0%-10.9%1.6K-41.6K-2810.0070.85N/AN/A01101,090229
2024-09-23$3.29$2.50108.4%31.1%0.0%0.0%0.0%0.0%-24.1%751-21.9K-1020.0061.71N/AN/A0079355
2024-09-24$3.34$2.50106.9%30.6%0.0%0.0%0.0%0.0%-14.0%718-21.6K-860.0066.13N/AN/A0079355
2024-09-25$3.37$2.50113.0%32.4%0.0%0.0%0.0%0.0%-25.2%739-22.4K-870.0062.46N/AN/A0079355
2024-09-26$3.34$2.50111.7%32.0%0.0%0.0%68.6%0.0%-15.9%1.6K-41.1K-2702.0087.30N/AN/A1279355
2024-09-27$3.38$2.5065.3%18.7%0.0%0.0%0.0%0.0%-18.6%554-20.3K-840.0062.70N/AN/A0079357
2024-09-30$3.45$2.5070.4%20.2%0.0%0.0%0.0%0.0%23.9%675-21.7K-8210.0013.79N/AN/A11079357