TRUE Options History — April 2025

In April 2025, TRUE traded between $1.29 and $1.71. ATM implied volatility averaged 163.2%. The 30-day expected move averaged 47.2%. 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 3 of 21 days. Put/call ratio averaged 0.22.

Notable Days

  • 2025-04-28: Highest Volume — 3,962 contracts
  • 2025-04-07: Largest IV spike — 52.1% change
  • 2025-04-04: Largest Expected Move — 101.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.46$1.29$1.71$1.71$1.52
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV163.2%109.2%249.0%119.3%134.5%
Expected Move47.2%20.2%101.4%20.5%38.6%
Term Structure-86.8%-274.6%138.9%-51.4%-57.0%
VWIV157.9%75.1%322.0%75.1%140.1%
Bid-Ask Spread %99.7084.67140.7485.5497.48
Gamma HHI0.990.951.001.001.00
Net GEX28957584568550
Net DEX-5.3K-25.6K7.0K-4.3K-20.9K
Net VEX-92-220-15-112-184
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.002.000.110.04
Total Volume210.71403,9623058
Total OI2,594.4299045,3542,7305,354

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$1.71$0.00119.3%20.5%0.0%0.0%75.1%0.0%-51.4%568-4.3K-1120.1185.54N/AN/A2732,67951
2025-04-02$1.67$2.50119.8%20.2%0.0%0.0%0.0%0.0%-16.3%4263.2K-720.1786.22N/AN/A612,70354
2025-04-03$1.54$2.50133.5%47.3%0.0%0.0%0.0%0.0%-182.0%3171.2K-752.00104.84N/AN/A122,70953
2025-04-04$1.42$2.50157.4%101.4%0.0%0.0%0.0%0.0%-274.6%229-12.5K-1080.00115.27N/AN/A102,71054
2025-04-07$1.42$2.50239.4%44.8%0.0%0.0%156.4%0.0%0.0%813.5K-381.00140.74N/AN/A442,71154
2025-04-08$1.37$2.50206.2%54.8%0.0%0.0%0.0%0.0%-207.2%874.6K-360.00104.37N/AN/A2502,71558
2025-04-09$1.64$2.50156.8%45.0%0.0%0.0%0.0%0.0%-171.5%455-323-1010.00105.25N/AN/A1302,74058
2025-04-10$1.44$2.50187.9%53.9%0.0%0.0%0.0%0.0%-193.3%1372.7K-550.00107.86N/AN/A002,75158
2025-04-11$1.44$2.50190.5%54.6%0.0%0.0%0.0%0.0%-205.7%1212.3K-540.00104.50N/AN/A002,75158
2025-04-14$1.36$2.50208.0%59.6%0.0%0.0%0.0%0.0%-231.8%577.0K-150.00105.89N/AN/A2002,75158
2025-04-15$1.31$2.50220.8%63.3%0.0%0.0%322.0%0.0%-125.8%915.3K-290.00104.22N/AN/A10002,77058
2025-04-16$1.32$2.50233.5%67.0%0.0%0.0%0.0%0.0%-129.0%1723.6K-540.00104.84N/AN/A003,13058
2025-04-17$1.29$2.50249.0%71.4%0.0%0.0%137.6%0.0%-102.6%1673.3K-530.00104.11N/AN/A043,13058
2025-04-21$1.29$2.50148.7%42.6%0.0%0.0%177.6%0.0%-40.5%106-910-270.1788.68N/AN/A4078986
2025-04-22$1.37$2.50126.8%36.4%0.0%0.0%121.3%0.0%113.7%221-3.3K-590.0084.68N/AN/A1401,1827
2025-04-23$1.40$2.50119.9%34.4%0.0%0.0%0.0%0.0%138.9%341-20.9K-1580.0085.56N/AN/A2601,1847
2025-04-24$1.53$2.50143.7%41.2%0.0%0.0%0.0%0.0%58.7%480-24.0K-1720.00107.00N/AN/A001,2106
2025-04-25$1.54$2.50109.2%31.3%0.0%0.0%0.0%0.0%-19.8%419-19.0K-1660.0085.82N/AN/A2001,2106
2025-04-28$1.58$2.50109.7%31.5%0.0%0.0%0.0%0.0%-11.8%453-17.0K-1520.0084.67N/AN/A3,96201,2306
2025-04-29$1.58$2.50112.9%32.4%0.0%0.0%132.8%0.0%-25.8%584-25.6K-2200.0186.06N/AN/A8615,1916
2025-04-30$1.52$2.50134.5%38.6%0.0%0.0%140.1%0.0%-57.0%550-20.9K-1840.0497.48N/AN/A5625,3477