TRUE Options History — November 2025

In November 2025, TRUE traded between $2.08 and $2.30. ATM implied volatility averaged 62.1%. The 30-day expected move averaged 17.5%. 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 3 of 19 days. Put/call ratio averaged 1.15.

Notable Days

  • 2025-11-04: Highest Volume — 197 contracts
  • 2025-11-05: Largest IV spike — 94.9% change
  • 2025-11-05: Largest Expected Move — 37.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.19$2.08$2.30$2.20$2.13
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV62.1%43.2%131.3%45.3%51.5%
Expected Move17.5%12.1%37.6%13.0%14.8%
Term Structure-6.4%-20.7%29.2%-14.2%20.7%
VWIV81.3%42.4%150.3%53.3%150.3%
Bid-Ask Spread %127.60103.71138.91103.71122.84
Gamma HHI1.000.991.001.001.00
Net GEX6.4K3.7K11.6K6.8K4.8K
Net DEX-8.4K-62.3K30.6K-39.8K14.3K
Net VEX-733-1.0K-445-1.0K-445
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.007.217.210.00
Total Volume39.57901971031
Total OI3,281.1582,6163,5483,5482,616

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$2.20$2.5045.3%13.0%0.0%0.0%53.3%0.0%-14.2%6.8K-39.8K-1.0K0.00103.71N/AN/A01032,793755
2025-11-04$2.21$2.5067.4%19.3%0.0%0.0%97.2%0.0%-14.8%7.3K-14.0K-9577.21105.94N/AN/A241732,793752
2025-11-05$2.20$2.50131.3%37.6%0.0%0.0%0.0%0.0%-16.0%6.4K-48.9K-9250.00114.62N/AN/A002,793695
2025-11-06$2.20$2.5064.2%21.9%0.0%0.0%63.5%0.0%-12.6%6.7K-49.7K-9910.00136.91N/AN/A4502,793695
2025-11-07$2.20$2.5066.5%17.1%0.0%0.0%0.0%0.0%-8.0%7.6K-45.9K-9860.17132.70N/AN/A105182,808695
2025-11-10$2.17$2.5073.5%15.3%0.0%0.0%0.0%0.0%-9.1%6.9K30.6K-6623.00126.36N/AN/A132,808695
2025-11-11$2.26$2.5046.2%12.1%0.0%0.0%0.0%0.0%-7.9%9.0K-5.2K-8770.00119.11N/AN/A002,809690
2025-11-12$2.29$2.5043.2%12.4%0.0%0.0%0.0%0.0%-7.7%10.2K-18.9K-9050.00138.91N/AN/A002,809690
2025-11-13$2.25$2.5043.2%12.4%0.0%0.0%0.0%0.0%-16.1%8.5K12.3K-7830.00138.91N/AN/A002,809690
2025-11-14$2.30$2.5044.5%12.8%0.0%0.0%0.0%0.0%-15.2%11.6K-62.3K-8980.00138.91N/AN/A602,809581
2025-11-17$2.23$2.5069.3%19.9%0.0%0.0%0.0%0.0%-18.1%5.2K-5.9K-7180.15132.91N/AN/A2032,810581
2025-11-18$2.23$2.5064.9%18.6%0.0%0.0%0.0%0.0%-7.5%5.6K-563-6990.17136.32N/AN/A612,830578
2025-11-19$2.17$2.5070.9%20.3%0.0%0.0%42.4%0.0%-20.7%4.2K19.4K-5720.00134.42N/AN/A102,830578
2025-11-20$2.13$2.5065.3%18.7%0.0%0.0%0.0%0.0%-9.9%3.9K29.0K-5490.00135.84N/AN/A0512,831578
2025-11-21$2.08$2.5065.3%18.7%0.0%0.0%0.0%0.0%-11.2%3.7K13.4K-4520.16133.01N/AN/A2542,831426
2025-11-24$2.09$2.5069.3%19.9%0.0%0.0%0.0%0.0%-3.0%3.9K6.6K-4610.00133.55N/AN/A15802,208413
2025-11-25$2.16$2.5049.6%14.2%0.0%0.0%150.3%0.0%21.4%5.2K2.4K-5473.00116.55N/AN/A132,240413
2025-11-26$2.13$2.5049.4%14.2%0.0%0.0%0.0%0.0%29.2%4.6K3.9K-4880.00122.84N/AN/A002,241376
2025-11-28$2.13$2.5051.5%14.8%0.0%0.0%0.0%0.0%20.7%4.8K14.3K-4450.00122.84N/AN/A102,241375