TRX Options History — June 2014

In June 2014, TRX traded between $1.74 and $2.50. ATM implied volatility averaged 77.5%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded above realized volatility by 17.6% (HV 20d: 59.9%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.62.

Notable Days

  • 2014-06-26: Highest Volume — 427 contracts
  • 2014-06-30: Largest IV spike — 77.7% change
  • 2014-06-10: Highest IV Rank — 61.0%
  • 2014-06-05: Largest Expected Move — 28.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.10$1.74$2.50$1.81$2.26
Max Pain$2.38$2.00$3.00$2.00$3.00
ATM IV77.5%28.9%119.7%91.8%51.3%
Expected Move20.6%8.3%28.6%26.3%14.7%
HV 20d59.9%39.7%78.9%39.7%78.9%
HV 60d56.4%51.9%60.4%58.7%60.4%
IV Rank31.1%0.0%61.0%40.9%15.4%
IV Percentile42.1%0.0%96.8%72.2%4.4%
Term Structure-3.8%-64.6%42.2%-18.0%-18.1%
VWIV51.3%20.8%72.6%72.6%20.8%
Skew 25d25.7%-86.5%77.0%25.6%9.4%
Skew 10d34.4%-70.8%79.1%35.0%-2.4%
Call IV 25d75.5%49.5%130.5%88.3%55.8%
Put IV 25d101.2%37.0%175.9%113.9%65.2%
Bid-Ask Spread %80.2621.76125.17125.1732.83
Gamma HHI0.810.421.001.001.00
Net GEX2.3K05.7K492.3K
Net DEX-22.5K-61.7K31.7K-2.1K-30.8K
Net VEX1530500343
P/C Ratio1.620.006.850.000.06
Total Volume112.1904271060
Total OI4,719.1434,4585,2144,4635,214

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$1.81$2.0091.8%26.3%39.7%40.9%0.0%25.6%-18.0%49-2.1K30.00125.17N/AN/A0103,2871,176
2014-06-03$1.74$2.0093.5%26.8%40.6%42.2%0.0%42.6%-51.9%43-2.1K30.00115.42N/AN/A7003,2871,176
2014-06-04$1.78$2.0096.8%27.7%42.1%44.5%0.0%37.6%-51.7%45-2.1K30.00113.66N/AN/A3003,2821,176
2014-06-05$1.78$2.0099.8%28.6%41.8%46.7%0.0%57.1%-64.6%45-2.1K30.00117.75N/AN/A4003,3031,176
2014-06-06$1.84$2.00103.4%23.2%44.1%49.2%0.0%72.8%19.1%2.4K-23.4K3560.0496.97N/AN/A11343,3431,176
2014-06-09$1.84$2.00106.1%22.7%44.0%51.2%0.0%27.0%-13.6%2.4K-52.0K2470.00102.08N/AN/A003,3641,176
2014-06-10$1.92$2.00119.7%24.1%47.1%61.0%0.0%77.0%7.3%2.6K-24.0K3260.0097.92N/AN/A003,3641,176
2014-06-11$2.00$2.00104.5%20.4%49.5%50.0%72.6%50.5%-1.9%2.9K-55.3K2025.8095.92N/AN/A412383,3641,176
2014-06-12$2.18$2.0069.3%19.9%58.7%24.9%0.0%45.6%-2.0%015.0K02.1379.17N/AN/A1222603,3841,332
2014-06-13$2.13$2.0070.4%20.2%59.4%25.7%0.0%17.8%4.3%4.7K-55.4K2000.00100.26N/AN/A003,3951,582
2014-06-16$2.34$2.0075.2%21.6%67.4%29.1%0.0%45.4%6.8%06.3K06.8592.05N/AN/A201373,3951,582
2014-06-17$2.30$2.0065.0%18.6%67.9%21.8%54.3%18.2%23.4%3.8K31.7K5000.1997.46N/AN/A54103,3851,491
2014-06-18$2.38$2.0056.5%16.2%68.6%15.7%0.0%11.6%19.4%2.4K-3.4K805.7523.99N/AN/A8463,4061,482
2014-06-19$2.50$3.0065.8%18.9%69.4%22.4%41.6%19.5%2.4%4.2K30.9K4680.0089.23N/AN/A6803,2011,463
2014-06-20$2.36$3.0077.7%22.3%72.2%30.9%68.6%25.3%-40.2%3.9K-34.4K3160.3132.79N/AN/A80253,1651,463
2014-06-23$2.30$3.0066.2%19.0%70.4%22.6%0.0%-10.8%-18.9%2.4K-57.2K820.5021.76N/AN/A100503,1851,452
2014-06-24$2.12$3.0063.2%18.1%72.0%20.5%63.4%0.4%15.5%3.0K-61.7K1091.4531.91N/AN/A29423,2851,402
2014-06-25$2.26$3.0064.4%18.5%73.7%21.4%0.0%37.5%42.2%2.6K-48.5K832.70104.13N/AN/A401083,2951,444
2014-06-26$2.16$3.0058.0%16.6%75.2%16.8%37.9%15.7%20.2%3.4K-58.4K1000.1685.65N/AN/A367603,3351,548
2014-06-27$2.11$3.0028.9%8.3%76.0%0.0%20.8%-86.5%39.8%5.7K-44.4K890.0629.35N/AN/A11773,6361,578
2014-06-30$2.26$3.0051.3%14.7%78.9%15.4%0.0%9.4%-18.1%2.3K-30.8K430.0032.83N/AN/A0603,6361,578