TRUE Options History — December 2025

In December 2025, TRUE traded between $2.13 and $2.34. ATM implied volatility averaged 47.3%. The 30-day expected move averaged 12.7%. 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 10 of 22 days. Put/call ratio averaged 15.87.

Notable Days

  • 2025-12-12: Highest Volume — 235 contracts
  • 2025-12-24: Largest IV spike — 379.6% change
  • 2025-12-24: Largest Expected Move — 29.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.22$2.13$2.34$2.13$2.25
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV47.3%21.7%104.2%55.8%43.4%
Expected Move12.7%6.2%29.9%16.0%12.4%
Term Structure4.1%-12.0%38.9%27.8%-7.5%
VWIV43.7%21.2%66.3%66.3%21.2%
Bid-Ask Spread %117.9364.66139.91135.72117.31
Gamma HHI1.001.001.001.001.00
Net GEX3.6K1.4K5.9K4.8K2.0K
Net DEX58.6K-26.8K155.2K15.2K103.4K
Net VEX-615-928-259-422-928
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio15.870.0090.005.000.13
Total Volume62.273023504
Total OI2,776.0452,3273,0162,6172,945

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$2.13$2.5055.8%16.0%0.0%0.0%0.0%0.0%27.8%4.8K15.2K-4220.00135.72N/AN/A002,242375
2025-12-02$2.13$2.5057.4%16.4%0.0%0.0%0.0%0.0%35.7%4.7K44.3K-2595.00122.55N/AN/A4202,242375
2025-12-03$2.19$2.5061.9%17.7%0.0%0.0%0.0%0.0%2.0%5.7K-6.1K-51927.50122.84N/AN/A2552,242400
2025-12-04$2.17$2.5063.0%9.5%0.0%0.0%0.0%0.0%3.1%5.5K2.6K-5480.00118.35N/AN/A0742,243455
2025-12-05$2.16$2.5064.7%14.7%0.0%0.0%66.3%0.0%-2.3%5.2K-9.7K-64890.00118.58N/AN/A21802,244505
2025-12-08$2.17$2.5073.5%26.9%0.0%0.0%0.0%0.0%6.9%4.0K-26.8K-82525.00118.83N/AN/A1252,246685
2025-12-09$2.20$2.5078.6%10.2%0.0%0.0%0.0%0.0%6.3%4.5K42.2K-6590.00119.46N/AN/A002,247715
2025-12-10$2.17$2.5038.1%10.9%0.0%0.0%0.0%0.0%6.2%3.8K53.1K-6110.00120.86N/AN/A502,247715
2025-12-11$2.17$2.5030.3%8.7%0.0%0.0%0.0%0.0%-4.4%1.7K74.5K-5690.0064.66N/AN/A0112,252715
2025-12-12$2.15$2.5040.6%11.6%0.0%0.0%0.0%0.0%-11.4%1.9K81.4K-54257.75102.94N/AN/A42312,252725
2025-12-15$2.20$2.5038.9%11.2%0.0%0.0%0.0%0.0%-12.0%2.3K80.1K-5730.00114.47N/AN/A012,256751
2025-12-16$2.25$2.5025.2%7.2%0.0%0.0%0.0%0.0%4.4%2.3K80.9K-6010.00128.51N/AN/A202,256752
2025-12-17$2.21$2.5028.1%8.1%0.0%0.0%0.0%0.0%4.4%1.7K88.8K-5565.00137.98N/AN/A152,258752
2025-12-18$2.23$2.5027.4%7.8%0.0%0.0%0.0%0.0%-1.6%1.9K86.9K-5750.00139.91N/AN/A002,259757
2025-12-19$2.20$2.5029.8%8.5%0.0%0.0%0.0%0.0%0.0%1.7K123.3K-3950.00133.66N/AN/A202,259757
2025-12-22$2.30$2.5031.0%8.9%0.0%0.0%0.0%0.0%38.9%4.3K64.7K-6680.20125.78N/AN/A511,592735
2025-12-23$2.34$2.5021.7%6.2%0.0%0.0%21.2%0.0%0.0%5.9K73.5K-6501.00118.70N/AN/A58581,594736
2025-12-24$2.33$2.50104.2%29.9%0.0%0.0%0.0%0.0%-1.8%4.0K12.3K-7940.21112.03N/AN/A112241,647801
2025-12-26$2.34$2.5040.7%11.7%0.0%0.0%0.0%0.0%-2.3%5.3K51.8K-8019.42117.31N/AN/A121131,659835
2025-12-29$2.29$2.5042.5%12.2%0.0%0.0%0.0%0.0%-5.0%3.8K98.2K-71916.80104.10N/AN/A101681,671915
2025-12-30$2.27$2.5043.0%12.3%0.0%0.0%0.0%0.0%-6.2%1.4K155.2K-6590.1399.95N/AN/A160201,6811,083
2025-12-31$2.25$2.5043.4%12.4%0.0%0.0%0.0%0.0%-7.5%2.0K103.4K-9280.00117.31N/AN/A041,8391,106