TRUE Options History — February 2025

In February 2025, TRUE traded between $2.24 and $3.52. ATM implied volatility averaged 74.1%. The 30-day expected move averaged 18.4%. Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 4.44.

Notable Days

  • 2025-02-18: Highest Volume — 396 contracts
  • 2025-02-19: Largest IV spike — 90.4% change
  • 2025-02-05: Largest Expected Move — 34.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.98$2.24$3.52$3.31$2.31
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV74.1%44.9%121.0%89.0%57.8%
Expected Move18.4%12.9%34.7%25.5%16.6%
Term Structure-22.7%-116.1%-0.1%-53.1%-6.3%
VWIV69.7%44.2%124.3%55.7%44.2%
Bid-Ask Spread %98.6965.77146.9775.17122.25
Gamma HHI0.880.671.000.721.00
Net GEX6.1K49012.6K4.6K9.4K
Net DEX-481.0K-677.7K-138.6K-625.3K-198.3K
Net VEX-601-937-333-598-804
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.440.0035.000.000.00
Total Volume49.579039613010
Total OI3,177.5262,7393,6613,1142,789

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$3.31$2.5089.0%25.5%0.0%0.0%0.0%0.0%-53.1%4.6K-625.3K-5980.0075.17N/AN/A01302,789325
2025-02-04$3.45$2.50107.4%30.8%0.0%0.0%0.0%0.0%-67.3%3.4K-677.7K-3640.0067.69N/AN/A102,789455
2025-02-05$3.52$2.50121.0%34.7%0.0%0.0%0.0%0.0%-116.1%4.6K-675.9K-5540.0065.77N/AN/A502,789455
2025-02-06$3.40$2.5098.8%16.7%0.0%0.0%0.0%0.0%-6.5%3.4K-663.4K-3540.0098.81N/AN/A002,794455
2025-02-07$3.33$2.5085.5%18.0%0.0%0.0%0.0%0.0%-15.6%3.7K-637.4K-4500.0090.47N/AN/A012,794455
2025-02-10$3.40$2.5096.8%16.2%0.0%0.0%0.0%0.0%-7.9%3.7K-659.3K-3900.0089.96N/AN/A002,794456
2025-02-11$3.38$2.50112.3%18.2%0.0%0.0%0.0%0.0%-9.2%3.9K-653.5K-4030.0090.07N/AN/A002,794456
2025-02-12$3.38$2.5059.4%17.0%0.0%0.0%0.0%0.0%-9.6%3.5K-658.5K-3510.0091.58N/AN/A002,794456
2025-02-13$3.34$2.5062.9%18.0%0.0%0.0%0.0%0.0%-9.2%3.4K-649.8K-3330.0089.51N/AN/A002,794456
2025-02-14$3.33$2.5054.7%15.7%0.0%0.0%55.7%0.0%-0.5%5.2K-596.0K-77135.0087.23N/AN/A2702,794456
2025-02-18$3.17$2.5053.6%15.4%0.0%0.0%71.4%0.0%-8.6%4.1K-607.9K-3490.0877.43N/AN/A366302,796526
2025-02-19$2.79$2.50102.1%0.0%0.0%0.0%124.3%0.0%-47.6%10.4K-480.0K-5960.10146.97N/AN/A154163,010543
2025-02-20$2.66$2.5046.1%13.2%0.0%0.0%0.0%0.0%-0.1%6.6K-372.5K-9180.00135.42N/AN/A1403,115539
2025-02-21$2.50$2.5054.1%15.5%0.0%0.0%0.0%0.0%-17.6%490-237.5K-93712.40115.96N/AN/A5623,122539
2025-02-24$2.38$2.5057.9%16.6%0.0%0.0%53.1%0.0%-27.6%11.9K-215.7K-8571.17105.54N/AN/A18212,67267
2025-02-25$2.35$2.5049.2%14.1%0.0%0.0%0.0%0.0%-10.1%11.6K-199.6K-8280.00121.93N/AN/A1002,69063
2025-02-26$2.35$2.5044.9%12.9%0.0%0.0%44.2%0.0%-7.4%12.6K-192.7K-8280.04101.43N/AN/A2612,70063
2025-02-27$2.24$2.5055.2%15.8%0.0%0.0%0.0%0.0%-11.0%10.0K-138.6K-7350.00101.87N/AN/A002,72663
2025-02-28$2.31$2.5057.8%16.6%0.0%0.0%0.0%0.0%-6.3%9.4K-198.3K-8040.00122.25N/AN/A1002,72663