TRX Options History — October 2014

In October 2014, TRX traded between $1.25 and $2.08. ATM implied volatility averaged 94.3%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 5.7% (HV 20d: 88.7%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.35.

Notable Days

  • 2014-10-30: Highest Volume — 2,338 contracts
  • 2014-10-13: Largest IV spike — 100.2% change
  • 2014-10-15: Highest IV Rank — 87.0%
  • 2014-10-27: Largest Expected Move — 39.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.77$1.25$2.08$2.08$1.25
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV94.3%59.8%155.4%85.4%92.2%
Expected Move19.1%14.0%39.2%16.3%32.8%
HV 20d88.7%74.4%102.5%74.4%102.5%
HV 60d70.1%65.2%76.1%65.2%76.1%
IV Rank45.0%21.2%87.0%38.8%43.6%
IV Percentile60.2%10.7%98.4%56.7%70.6%
Term Structure-17.3%-110.4%33.1%22.0%33.1%
VWIV64.1%48.6%103.0%64.8%103.0%
Skew 25d10.7%-51.2%33.4%2.6%27.9%
Skew 10d17.6%-34.0%45.3%6.0%40.8%
Call IV 25d82.1%48.2%149.4%79.8%119.0%
Put IV 25d92.8%46.0%146.9%82.4%146.9%
Bid-Ask Spread %87.4641.57152.62146.5969.91
Gamma HHI0.940.890.980.980.94
Net GEX2.7K1.7K3.7K3.5K2.0K
Net DEX119.4K92.3K154.0K122.1K131.6K
Net VEX783577978630964
P/C Ratio0.350.000.760.580.64
Total Volume667.913252,33825772
Total OI12,052.52210,20813,46812,22511,989

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$2.08$2.0085.4%16.3%74.4%38.8%0.0%2.6%22.0%3.5K122.1K6300.00146.59N/AN/A02510,9661,259
2014-10-02$1.98$2.0067.3%15.6%76.1%26.4%0.0%28.5%-2.0%2.8K103.2K6130.5849.96N/AN/A17210010,9661,234
2014-10-03$1.82$2.0060.2%18.4%80.8%21.6%64.8%-5.6%-15.0%1.7K98.2K6150.00113.86N/AN/A81011,1381,334
2014-10-06$1.92$2.0060.7%16.5%82.3%21.9%73.5%33.4%24.8%2.4K92.3K5770.0042.90N/AN/A280011,1881,334
2014-10-07$1.77$2.0089.2%17.4%85.7%41.5%61.4%11.1%2.7%1.7K92.7K6010.4661.19N/AN/A502311,3071,334
2014-10-08$2.04$2.00115.6%20.0%97.1%59.6%64.7%19.7%0.2%2.5K119.5K6270.6677.48N/AN/A72948311,3271,349
2014-10-09$1.88$2.00122.6%15.1%100.0%64.4%54.1%29.2%17.1%2.4K97.7K6290.0085.54N/AN/A467011,3671,427
2014-10-10$1.85$2.0059.8%15.4%97.5%21.2%57.3%-3.5%-43.9%2.7K121.6K7850.0063.96N/AN/A114011,8261,427
2014-10-13$1.86$2.00119.6%15.1%94.9%62.4%50.2%21.7%16.5%3.2K129.3K8440.00102.82N/AN/A50011,9161,427
2014-10-14$1.92$2.00133.7%18.4%92.6%72.1%62.6%-51.2%-65.9%2.7K154.0K8810.69114.26N/AN/A69848311,9611,427
2014-10-15$1.84$2.00155.4%14.7%93.2%87.0%61.8%-18.5%-26.1%3.3K122.7K8230.6679.82N/AN/A73348311,9611,427
2014-10-16$1.78$2.0076.7%16.7%92.8%32.9%61.2%7.6%-35.1%2.4K124.5K8010.0660.63N/AN/A50311,9911,427
2014-10-17$1.77$2.0070.7%22.3%89.8%28.8%0.0%32.6%6.3%1.9K147.8K8420.0661.24N/AN/A80512,0411,427
2014-10-20$1.73$2.0080.9%16.8%86.2%35.7%60.0%-0.9%-37.6%3.2K107.9K7840.54102.44N/AN/A6023279,367841
2014-10-21$1.79$2.0064.7%17.1%86.5%24.6%66.4%30.0%14.9%2.8K130.6K8310.7441.57N/AN/A5804279,540841
2014-10-22$1.68$2.0069.7%14.0%88.3%28.1%52.4%4.6%-12.6%3.4K98.1K8070.7684.43N/AN/A5644279,690941
2014-10-23$1.68$2.0091.1%17.6%85.3%42.8%66.0%18.2%-35.9%2.9K134.5K9280.6963.00N/AN/A5333709,819941
2014-10-24$1.69$2.0092.8%14.9%85.5%43.9%48.6%4.7%-36.4%3.7K107.1K8620.66152.62N/AN/A5623709,851991
2014-10-27$1.70$2.00104.9%39.2%85.5%52.3%75.3%29.0%-39.7%2.3K139.6K8040.00109.21N/AN/A3009,871991
2014-10-28$1.72$2.00142.2%17.7%84.7%77.9%61.3%30.0%-110.4%3.1K140.0K9470.14122.20N/AN/A70109,891991
2014-10-29$1.59$2.00100.3%17.2%88.1%49.1%58.0%24.7%-48.3%2.7K107.6K8260.1485.01N/AN/A1,9942779,901981
2014-10-30$1.48$2.00114.3%29.0%89.7%58.7%80.3%-29.9%-27.4%2.9K124.3K9780.14120.95N/AN/A2,04429411,002981
2014-10-31$1.25$2.0092.2%32.8%102.5%43.6%103.0%27.9%33.1%2.0K131.6K9640.6469.91N/AN/A47230011,017972