TRUE Options History — July 2025

In July 2025, TRUE traded between $1.75 and $2.07. ATM implied volatility averaged 83.6%. The 30-day expected move averaged 22.5%. Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-07-22: Highest Volume — 956 contracts
  • 2025-07-31: Largest IV spike — 121.4% change
  • 2025-07-31: Largest Expected Move — 62.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.93$1.75$2.07$1.83$1.83
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV83.6%48.3%216.7%86.2%216.7%
Expected Move22.5%13.9%62.1%24.7%62.1%
Term Structure-4.4%-106.6%24.6%-3.3%-106.6%
VWIV85.8%85.8%85.8%85.8%85.8%
Bid-Ask Spread %93.7358.59123.1491.7587.67
Gamma HHI1.000.961.001.000.99
Net GEX3.4K2.3K5.9K2.3K2.4K
Net DEX-97.9K-184.2K-56.0K-61.1K-56.0K
Net VEX-693-941-483-483-495
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.020.000.00
Total Volume93.86409564300
Total OI4,197.51,9985,2754,8552,914

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$1.83$2.5086.2%24.7%0.0%0.0%0.0%0.0%-3.3%2.3K-61.1K-4830.0091.75N/AN/A43004,79263
2025-07-02$1.85$2.5081.2%23.3%0.0%0.0%0.0%0.0%-4.4%3.1K-82.8K-6890.0086.05N/AN/A005,21263
2025-07-03$1.94$2.5081.6%18.6%0.0%0.0%0.0%0.0%-7.3%3.6K-100.0K-7740.00109.22N/AN/A005,20663
2025-07-07$1.75$2.50109.9%14.9%0.0%0.0%0.0%0.0%23.0%2.3K-60.7K-5460.0085.56N/AN/A105,20763
2025-07-08$1.90$2.5096.3%15.9%0.0%0.0%0.0%0.0%23.5%3.3K-87.2K-7150.0096.55N/AN/A005,20863
2025-07-09$1.97$2.5048.3%13.9%0.0%0.0%0.0%0.0%21.3%3.6K-101.4K-7420.0088.27N/AN/A005,20863
2025-07-10$1.98$2.5049.4%14.2%0.0%0.0%0.0%0.0%21.7%3.7K-101.3K-7420.0289.69N/AN/A6515,20863
2025-07-11$1.96$2.5049.2%14.1%0.0%0.0%0.0%0.0%24.6%3.3K-102.6K-7180.0087.92N/AN/A3005,20864
2025-07-14$1.94$2.5050.2%14.4%0.0%0.0%0.0%0.0%15.2%3.6K-66.2K-6030.0088.61N/AN/A005,18864
2025-07-15$1.96$2.5052.2%15.0%0.0%0.0%0.0%0.0%14.0%3.6K-86.8K-6700.0087.92N/AN/A005,18764
2025-07-16$1.98$2.5054.1%15.5%0.0%0.0%0.0%0.0%12.7%3.7K-99.6K-7170.0088.99N/AN/A13705,18764
2025-07-17$1.96$2.5053.9%15.5%0.0%0.0%0.0%0.0%0.0%3.4K-83.3K-6570.0087.92N/AN/A2005,16464
2025-07-18$1.98$2.5055.9%16.0%0.0%0.0%0.0%0.0%11.1%3.5K-109.4K-7350.0086.94N/AN/A17405,18464
2025-07-21$1.96$2.5058.0%16.6%0.0%0.0%0.0%0.0%9.7%2.8K-98.6K-6870.0058.59N/AN/A6201,93464
2025-07-22$2.02$2.5076.3%21.9%0.0%0.0%85.8%0.0%-3.3%3.7K-135.5K-7920.01123.05N/AN/A95151,97064
2025-07-23$2.07$2.50103.9%29.8%0.0%0.0%0.0%0.0%-79.6%5.9K-184.2K-9410.00123.14N/AN/A11002,70769
2025-07-24$1.96$2.50104.8%30.0%0.0%0.0%0.0%0.0%-10.3%4.9K-164.7K-8950.0092.34N/AN/A5002,81769
2025-07-25$1.95$2.50106.7%30.6%0.0%0.0%0.0%0.0%-34.0%2.8K-100.3K-6840.00122.71N/AN/A302,86769
2025-07-28$1.94$2.5092.3%26.5%0.0%0.0%0.0%0.0%3.3%3.0K-109.2K-7040.00102.92N/AN/A002,87069
2025-07-29$1.85$2.50115.1%33.0%0.0%0.0%0.0%0.0%-24.1%2.5K-86.9K-6420.0087.67N/AN/A002,87069
2025-07-30$1.94$2.5097.9%28.1%0.0%0.0%0.0%0.0%-0.4%3.1K-75.7K-6050.0088.67N/AN/A2602,87069
2025-07-31$1.83$2.50216.7%62.1%0.0%0.0%0.0%0.0%-106.6%2.4K-56.0K-4950.0087.67N/AN/A002,84569