TRX Options History — July 2013

In July 2013, TRX traded between $2.48 and $3.57. ATM implied volatility averaged 62.4%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded below realized volatility by 38.2% (HV 20d: 100.6%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.94.

Notable Days

  • 2013-07-23: Highest Volume — 3,286 contracts
  • 2013-07-24: Largest IV spike — 79.3% change
  • 2013-07-08: Highest IV Rank — 72.1%
  • 2013-07-08: Largest Expected Move — 24.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.00$2.48$3.57$2.71$3.38
Max Pain$2.14$2.00$3.00$3.00$2.00
ATM IV62.4%34.6%79.0%78.4%52.0%
Expected Move18.1%9.9%24.1%22.5%14.9%
HV 20d100.6%78.5%110.0%96.5%78.5%
HV 60d94.5%90.2%98.4%97.4%94.1%
IV Rank50.3%13.8%72.1%71.3%36.7%
IV Percentile67.9%6.3%96.8%96.8%52.4%
Term Structure2.8%-15.5%21.9%-3.2%-15.5%
VWIV66.3%38.3%79.7%79.7%63.0%
Skew 25d11.4%-8.1%49.7%-8.1%-1.4%
Skew 10d23.4%-5.1%80.0%-5.1%18.3%
Call IV 25d54.9%35.2%76.5%76.5%52.4%
Put IV 25d66.3%43.7%106.2%68.4%51.0%
Bid-Ask Spread %23.038.7650.6724.6124.60
Gamma HHI0.800.501.000.771.00
Net GEX5.6K5417.3K17.3K10.5K
Net DEX123.7K-524.9K569.6K-401.3K494.4K
Net VEX1844719719234
P/C Ratio0.940.007.070.052.15
Total Volume332.503,286161214
Total OI12,8088,00714,33413,67011,653

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-07-01$2.71$3.0078.4%22.5%96.5%71.3%79.7%-8.1%-3.2%17.3K-401.3K7190.0524.61N/AN/A153810,1833,487
2013-07-02$2.49$3.0072.4%20.7%99.9%63.4%0.0%6.1%-8.8%9.8K-524.9K3250.0016.27N/AN/A86010,1393,491
2013-07-03$2.60$3.0063.1%18.1%101.9%51.3%0.0%24.3%21.9%13.7K-483.1K4480.0013.53N/AN/A25010,2143,491
2013-07-05$2.62$2.0049.8%18.5%101.5%33.7%78.4%20.5%6.1%544.7K41.7029.53N/AN/A14023810,2393,491
2013-07-08$2.48$2.0079.0%24.1%100.4%72.1%69.9%11.5%-0.5%8953.4K740.118.76N/AN/A74810,3603,724
2013-07-09$2.66$2.0073.4%19.8%104.4%64.8%0.0%-3.0%1.5%80911.0K600.0022.15N/AN/A41010,3793,732
2013-07-10$2.78$2.0068.0%19.7%105.9%57.7%69.1%-5.3%0.1%86215.3K460.0021.14N/AN/A16010,4203,732
2013-07-11$2.90$2.0068.9%19.8%107.1%58.9%0.0%4.5%-0.0%78620.8K397.0017.63N/AN/A53510,4313,732
2013-07-12$2.81$2.0072.4%20.8%107.3%63.5%72.4%-1.6%-4.8%73810.5K500.0012.46N/AN/A45010,4063,697
2013-07-15$2.75$2.0065.9%18.9%104.6%54.9%0.0%-5.8%1.5%78710.6K471.0519.00N/AN/A9510010,4463,697
2013-07-16$2.97$2.0072.4%20.8%108.3%63.5%0.0%44.7%-3.0%50317.7K280.5024.44N/AN/A6310,5373,797
2013-07-17$2.81$2.0066.9%19.2%110.0%56.2%0.0%0.1%-0.4%74013.1K417.0719.42N/AN/A3021210,5353,794
2013-07-18$2.81$2.0065.1%18.7%106.2%53.9%0.0%44.5%3.3%50914.1K250.0042.52N/AN/A0010,4873,655
2013-07-19$2.99$2.0074.0%21.2%100.0%65.6%74.2%49.7%0.2%47518.3K270.0026.19N/AN/A1,586210,4873,655
2013-07-22$3.37$2.0059.9%17.2%107.1%47.1%51.5%24.6%15.8%9.9K417.2K4300.0050.67N/AN/A27806,8411,166
2013-07-23$3.57$2.0034.6%9.9%99.8%13.8%38.3%14.0%19.4%4.9K569.6K1220.0018.14N/AN/A3,28247,0201,166
2013-07-24$3.39$2.0062.0%17.8%103.0%49.8%0.0%22.7%12.0%14.0K482.2K2950.0023.83N/AN/A157010,1681,170
2013-07-25$3.54$2.0046.6%13.4%99.9%29.6%0.0%10.8%17.6%6.4K551.0K1890.0017.31N/AN/A261010,2161,170
2013-07-26$3.50$2.0044.5%12.8%100.1%26.9%0.0%9.7%-4.7%8.3K486.6K3650.0028.50N/AN/A5010,4771,170
2013-07-29$3.40$2.0053.1%15.2%85.9%38.1%63.0%-6.3%1.6%10.0K495.3K2480.1931.77N/AN/A32610,3801,170
2013-07-30$3.38$2.0050.5%14.5%86.0%34.8%0.0%-5.7%2.1%10.5K494.7K2400.0014.29N/AN/A168010,3951,176
2013-07-31$3.38$2.0052.0%14.9%78.5%36.7%0.0%-1.4%-15.5%10.5K494.4K2342.1524.60N/AN/A6814610,4771,176