TRUE Options History — October 2025

In October 2025, TRUE traded between $1.44 and $2.46. ATM implied volatility averaged 90.5%. The 30-day expected move averaged 18.1%. Max pain ranged from $2.50 to $2.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.25.

Notable Days

  • 2025-10-15: Highest Volume — 2,908 contracts
  • 2025-10-27: Largest IV spike — 96.3% change
  • 2025-10-13: Largest Expected Move — 45.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.05$1.44$2.46$1.73$2.21
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV90.5%16.4%327.2%100.6%27.5%
Expected Move18.1%4.7%45.5%28.8%7.9%
Term Structure10.1%-45.6%130.0%130.0%-3.0%
VWIV47.8%20.8%103.9%103.9%21.3%
Bid-Ask Spread %94.4257.22150.3757.22108.42
Gamma HHI0.970.681.000.981.00
Net GEX4.9K5325.3K7283.8K
Net DEX-26.5K-137.1K51.4K-27.7K51.4K
Net VEX-607-1.1K-41-205-852
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.001.040.010.55
Total Volume277.56502,908161736
Total OI2,356.871,4813,6181,4813,209

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$1.73$2.50100.6%28.8%0.0%0.0%103.9%0.0%130.0%728-27.7K-2050.0157.22N/AN/A16011,46813
2025-10-02$1.79$2.5099.3%28.5%0.0%0.0%0.0%0.0%15.5%867-39.3K-2360.0057.61N/AN/A301,5783
2025-10-03$1.77$2.50111.5%32.0%0.0%0.0%0.0%0.0%7.3%911-34.8K-2151.0059.11N/AN/A111,5793
2025-10-06$1.84$2.50109.4%27.8%0.0%0.0%0.0%0.0%-18.4%901-43.1K-2440.0094.04N/AN/A001,5794
2025-10-07$1.54$2.50140.9%36.7%0.0%0.0%0.0%0.0%-45.6%540-25.6K-1770.0091.51N/AN/A001,5794
2025-10-08$1.61$2.50161.0%24.6%0.0%0.0%95.9%0.0%-6.2%677-29.1K-1870.00105.25N/AN/A1001,6954
2025-10-09$1.58$2.50165.9%22.6%0.0%0.0%87.2%0.0%16.2%587-27.8K-1820.0685.10N/AN/A1811,7054
2025-10-10$1.46$2.50255.5%38.3%0.0%0.0%0.0%0.0%11.6%486-27.5K-1710.00105.85N/AN/A6201,7055
2025-10-13$1.44$2.50327.2%45.5%0.0%0.0%0.0%0.0%28.5%53-6.4K-410.00150.37N/AN/A5601,7155
2025-10-14$1.49$2.50243.3%26.7%0.0%0.0%85.9%0.0%38.5%537-40.1K-1970.00111.72N/AN/A10101,7115
2025-10-15$2.40$2.5039.3%11.3%0.0%0.0%40.2%0.0%-15.0%14.3K-137.1K-4070.4798.49N/AN/A1,9749341,8125
2025-10-16$2.42$2.5023.8%6.8%0.0%0.0%34.5%0.0%8.9%25.3K-52.7K-8580.65101.20N/AN/A2691752,732764
2025-10-17$2.45$2.5026.5%7.6%0.0%0.0%21.7%0.0%38.0%8.8K-17.2K-8850.15100.56N/AN/A137212,838780
2025-10-20$2.46$2.5028.2%8.1%0.0%0.0%21.9%0.0%6.9%8.6K-93.9K-8921.0484.70N/AN/A3633771,690508
2025-10-21$2.45$2.5037.2%10.7%0.0%0.0%37.5%0.0%-10.2%5.5K-49.0K-1.1K0.0690.71N/AN/A208131,821861
2025-10-22$2.41$2.5020.8%6.0%0.0%0.0%26.5%0.0%2.1%4.6K-8.5K-1.0K0.0784.04N/AN/A5541,792871
2025-10-23$2.42$2.5038.9%11.1%0.0%0.0%39.0%0.0%-11.1%4.5K-37.9K-1.1K0.0090.71N/AN/A45711,812873
2025-10-24$2.38$2.5016.4%4.7%0.0%0.0%0.0%0.0%9.6%9.0K-18.1K-1.1K0.0093.93N/AN/A3102,164874
2025-10-27$2.34$2.5032.1%9.2%0.0%0.0%42.5%0.0%3.5%6.5K-44.4K-1.1K0.2599.04N/AN/A2052,176874
2025-10-28$2.31$2.5019.6%5.6%0.0%0.0%0.0%0.0%18.8%5.4K30.8K-9340.20106.70N/AN/A51102,196873
2025-10-29$2.27$2.5024.3%7.0%0.0%0.0%20.8%0.0%5.1%4.5K28.0K-9300.4794.91N/AN/A70332,236883
2025-10-30$2.29$2.5032.6%9.4%0.0%0.0%38.2%0.0%1.9%6.6K39.8K-9340.30100.59N/AN/A2062,304896
2025-10-31$2.21$2.5027.5%7.9%0.0%0.0%21.3%0.0%-3.0%3.8K51.4K-8520.55108.42N/AN/A4752612,319890