TRUE Options History — March 2025

In March 2025, TRUE traded between $1.56 and $2.25. ATM implied volatility averaged 87.7%. The 30-day expected move averaged 27.1%. Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.12.

Notable Days

  • 2025-03-13: Highest Volume — 40 contracts
  • 2025-03-10: Largest IV spike — 91.2% change
  • 2025-03-13: Largest Expected Move — 74.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.90$1.56$2.25$2.21$1.56
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV87.7%50.4%168.9%60.0%144.3%
Expected Move27.1%13.9%74.1%17.2%41.8%
Term Structure-10.0%-119.8%65.7%-2.4%65.7%
Bid-Ask Spread %97.0862.94122.60103.21103.55
Gamma HHI1.000.991.001.001.00
Net GEX3.4K3089.8K8.8K308
Net DEX-46.0K-160.2K3.4K-135.7K3.4K
Net VEX-302-721-55-667-55
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.000.730.000.00
Total Volume8.952040010
Total OI2,807.5242,6992,9212,7992,720

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$2.21$2.5060.0%17.2%0.0%0.0%0.0%0.0%-2.4%8.8K-135.7K-6670.00103.21N/AN/A002,73663
2025-03-04$2.24$2.5069.4%19.9%0.0%0.0%0.0%0.0%-29.5%9.8K-140.5K-7010.00122.60N/AN/A402,73663
2025-03-05$2.25$2.5050.4%14.5%0.0%0.0%0.0%0.0%-11.1%9.2K-160.2K-7210.00102.29N/AN/A002,73663
2025-03-06$2.17$2.5055.7%16.0%0.0%0.0%0.0%0.0%-14.7%8.3K-111.0K-5910.00103.61N/AN/A002,73663
2025-03-07$2.13$2.5080.4%23.1%0.0%0.0%0.0%0.0%15.9%7.3K-89.6K-5230.00102.23N/AN/A1002,73463
2025-03-10$1.90$2.50153.8%44.1%0.0%0.0%0.0%0.0%10.5%3.6K-49.1K-3480.0088.67N/AN/A0112,74463
2025-03-11$2.01$2.5069.1%44.7%0.0%0.0%0.0%0.0%-1.7%5.3K-107.3K-5550.0091.58N/AN/A012,76562
2025-03-12$2.04$2.5052.5%26.8%0.0%0.0%0.0%0.0%7.2%5.4K-62.6K-4270.00102.22N/AN/A002,76563
2025-03-13$1.91$2.5065.2%74.1%0.0%0.0%0.0%0.0%-3.2%4.0K-54.5K-3760.0087.22N/AN/A4002,76563
2025-03-14$1.89$2.5059.0%36.5%0.0%0.0%0.0%0.0%-11.0%3.3K-26.6K-2570.0062.94N/AN/A3602,80563
2025-03-17$1.85$2.5072.8%16.5%0.0%0.0%0.0%0.0%-16.8%676-7.3K-1390.0087.89N/AN/A012,84163
2025-03-18$1.76$2.5083.1%13.9%0.0%0.0%0.0%0.0%-38.3%539652-1020.13106.58N/AN/A1522,84164
2025-03-19$1.73$2.5082.5%14.8%0.0%0.0%0.0%0.0%-40.8%534849-1020.00106.64N/AN/A1602,85665
2025-03-20$1.75$0.0077.9%17.3%0.0%0.0%0.0%0.0%-12.9%549686-1040.5085.43N/AN/A212,85664
2025-03-21$1.79$0.0081.7%19.2%0.0%0.0%0.0%0.0%-18.1%586-66-1020.00106.07N/AN/A1002,85863
2025-03-24$1.90$0.0078.0%16.5%0.0%0.0%0.0%0.0%-27.9%791-10.6K-1510.0088.16N/AN/A302,65445
2025-03-25$1.85$0.0076.7%16.2%0.0%0.0%0.0%0.0%-15.5%695-11.3K-1460.0086.40N/AN/A002,65445
2025-03-26$1.81$0.00134.8%17.4%0.0%0.0%0.0%0.0%-119.8%607-2.7K-1040.0093.15N/AN/A002,65445
2025-03-27$1.65$0.00125.6%38.7%0.0%0.0%0.0%0.0%52.8%377935-700.73103.92N/AN/A15112,65445
2025-03-28$1.58$0.00168.9%40.7%0.0%0.0%0.0%0.0%1.9%425-2.6K-980.00104.25N/AN/A002,66951
2025-03-31$1.56$0.00144.3%41.8%0.0%0.0%0.0%0.0%65.7%3083.4K-550.00103.55N/AN/A1002,66951