TRUE Options History — January 2025

Name: TRUE Options Analytics - January 2025
Creator: Options Analysis Suite

In January 2025, TRUE traded between $3.20 and $3.75. ATM implied volatility averaged 104.9%. The 30-day expected move averaged 25.5%. 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 1 of 20 days. Put/call ratio averaged 2.14.

Notable Days

2025-01-29: Highest Volume — 491 contracts
2025-01-17: Largest IV spike — 104.9% change
2025-01-24: Largest Expected Move — 41.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.49	$3.20	$3.75	$3.51	$3.46
Max Pain	$4.00	$2.50	$5.00	$2.50	$2.50
ATM IV	104.9%	63.2%	167.8%	86.1%	114.8%
Expected Move	25.5%	17.0%	41.5%	24.7%	32.9%
Term Structure	-36.2%	-168.1%	1.7%	1.7%	-117.5%
VWIV	109.5%	58.3%	174.2%	174.2%	58.3%
Bid-Ask Spread %	96.42	36.37	142.89	36.37	74.00
Gamma HHI	0.72	0.50	0.93	0.75	0.57
Net GEX	4.0K	2.8K	5.1K	4.5K	3.2K
Net DEX	-683.4K	-774.0K	-592.8K	-665.5K	-678.3K
Net VEX	-545	-818	-342	-818	-396
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.14	0.00	15.00	0.00	0.00
Total Volume	58.25	0	491	40	0
Total OI	3,247.7	2,340	3,712	3,567	3,114

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
2025-01-02	$3.51	$2.50	86.1%	24.7%	0.0%	0.0%	174.2%	0.0%	1.7%	4.5K	-665.5K	-818	0.00	36.37	N/A	N/A	0	40	3,192	375
2025-01-03	$3.50	$2.50	90.3%	25.9%	0.0%	0.0%	0.0%	0.0%	-43.1%	4.5K	-664.6K	-814	0.00	43.39	N/A	N/A	0	30	3,192	396
2025-01-06	$3.52	$0.00	99.4%	19.0%	0.0%	0.0%	0.0%	0.0%	-24.3%	3.9K	-688.7K	-647	0.00	131.92	N/A	N/A	0	31	3,192	426
2025-01-07	$3.44	$0.00	105.5%	18.1%	0.0%	0.0%	0.0%	0.0%	-17.8%	4.5K	-656.6K	-698	0.00	108.11	N/A	N/A	10	0	3,192	457
2025-01-08	$3.44	$0.00	101.6%	18.3%	0.0%	0.0%	0.0%	0.0%	-10.1%	4.3K	-663.9K	-663	0.00	127.18	N/A	N/A	0	30	3,192	457
2025-01-10	$3.30	$0.00	114.8%	18.4%	0.0%	0.0%	0.0%	0.0%	-25.4%	4.4K	-629.1K	-633	0.00	125.12	N/A	N/A	1	0	3,192	487
2025-01-13	$3.20	$0.00	155.6%	17.0%	0.0%	0.0%	0.0%	0.0%	-12.8%	5.1K	-592.8K	-679	0.00	142.89	N/A	N/A	0	0	3,193	487
2025-01-14	$3.26	$0.00	167.8%	31.4%	0.0%	0.0%	0.0%	0.0%	-27.1%	4.4K	-628.5K	-515	15.00	133.50	N/A	N/A	2	30	3,193	487
2025-01-15	$3.46	$0.00	73.0%	20.9%	0.0%	0.0%	0.0%	0.0%	-21.6%	4.1K	-671.9K	-578	0.00	139.22	N/A	N/A	0	0	3,195	517
2025-01-16	$3.46	$0.00	69.4%	19.9%	0.0%	0.0%	0.0%	0.0%	0.0%	4.0K	-667.9K	-601	0.00	130.31	N/A	N/A	0	0	3,195	517
2025-01-17	$3.45	$0.00	142.3%	40.8%	0.0%	0.0%	0.0%	0.0%	-62.0%	3.3K	-685.7K	-370	0.00	121.83	N/A	N/A	0	1	3,195	517
2025-01-21	$3.46	$0.00	63.2%	18.1%	0.0%	0.0%	146.3%	0.0%	-22.3%	3.1K	-680.7K	-342	0.00	96.59	N/A	N/A	5	0	2,291	49
2025-01-22	$3.46	$5.00	125.2%	35.9%	0.0%	0.0%	59.1%	0.0%	-12.8%	2.8K	-677.7K	-363	0.00	94.24	N/A	N/A	118	0	2,296	49
2025-01-23	$3.51	$5.00	139.2%	39.9%	0.0%	0.0%	58.3%	0.0%	-34.3%	3.3K	-696.2K	-363	0.00	91.90	N/A	N/A	365	0	2,414	49
2025-01-24	$3.63	$5.00	144.8%	41.5%	0.0%	0.0%	0.0%	0.0%	-168.1%	4.1K	-748.8K	-429	0.00	75.05	N/A	N/A	0	0	2,779	49
2025-01-27	$3.75	$5.00	80.9%	23.2%	0.0%	0.0%	0.0%	0.0%	-31.9%	4.0K	-774.0K	-424	0.00	74.01	N/A	N/A	10	0	2,779	49
2025-01-28	$3.69	$5.00	77.4%	22.2%	0.0%	0.0%	0.0%	0.0%	-17.4%	4.5K	-731.0K	-617	0.00	61.85	N/A	N/A	0	0	2,789	49
2025-01-29	$3.62	$5.00	71.9%	20.6%	0.0%	0.0%	0.0%	0.0%	-28.2%	4.4K	-710.8K	-559	0.00	59.87	N/A	N/A	0	491	2,789	49
2025-01-30	$3.73	$2.50	75.6%	21.7%	0.0%	0.0%	0.0%	0.0%	-13.2%	3.5K	-755.1K	-400	0.00	61.09	N/A	N/A	0	1	2,789	325
2025-01-31	$3.46	$2.50	114.8%	32.9%	0.0%	0.0%	0.0%	0.0%	-117.5%	3.2K	-678.3K	-396	0.00	74.00	N/A	N/A	0	0	2,789	325