TRX Options History — November 2014

In November 2014, TRX traded between $1.02 and $1.36. ATM implied volatility averaged 129.4%, placing in the 69.4% IV rank vs the trailing year. The 30-day expected move averaged 31.8%. IV traded below realized volatility by 10.3% (HV 20d: 139.8%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.53.

Notable Days

  • 2014-11-12: Highest Volume — 1,196 contracts
  • 2014-11-21: Largest IV spike — 3489.4% change
  • 2014-11-04: Highest IV Rank — 100.0%
  • 2014-11-03: Largest Expected Move — 48.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.15$1.02$1.36$1.36$1.05
Max Pain$1.53$1.00$2.00$2.00$1.00
ATM IV129.4%2.6%188.3%141.1%113.0%
Expected Move31.8%23.3%48.1%48.1%25.6%
HV 20d139.8%103.7%172.0%105.9%172.0%
HV 60d101.8%78.6%118.5%78.6%118.5%
IV Rank69.4%0.0%100.0%77.2%59.5%
IV Percentile82.9%0.0%100.0%96.8%85.3%
Term Structure-43.4%-108.6%110.8%-85.9%-35.7%
VWIV104.7%85.4%155.3%155.3%88.7%
Skew 25d-13.6%-155.7%63.6%39.1%-44.1%
Skew 10d-15.3%-153.5%55.8%29.3%-40.9%
Call IV 25d106.7%68.4%167.7%93.8%102.0%
Put IV 25d93.0%12.1%205.8%132.9%57.9%
Bid-Ask Spread %59.3729.5999.8747.9564.68
Gamma HHI0.880.511.000.900.51
Net GEX1.8K02.8K1.7K902
Net DEX79.0K3.7K316.7K316.7K3.7K
Net VEX62601.1K1.1K173
P/C Ratio0.530.000.870.640.00
Total Volume630.31601,196772170
Total OI12,295.21111,56712,65511,98912,521

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-11-03$1.36$2.00141.1%48.1%105.9%77.2%155.3%39.1%-85.9%1.7K316.7K1.1K0.6447.95N/AN/A47230011,017972
2014-11-04$1.18$2.00176.1%35.9%112.8%100.0%104.2%-32.9%-18.1%2.8K100.1K8540.6434.68N/AN/A47230011,017972
2014-11-05$1.02$2.00116.3%38.9%103.7%59.4%115.7%-56.2%110.8%2.0K89.3K8010.6038.37N/AN/A47228111,017972
2014-11-06$1.05$2.00102.3%29.3%104.5%49.9%103.7%3.8%-22.1%1.5K46.5K5180.5761.33N/AN/A48427511,017963
2014-11-07$1.19$2.00164.1%46.6%118.0%91.9%149.7%-39.6%-70.5%2.0K54.7K5960.5473.40N/AN/A51327511,017958
2014-11-10$1.02$2.00155.5%35.7%126.4%86.0%85.4%55.4%-86.0%2.1K74.4K7010.5971.25N/AN/A46727511,017958
2014-11-11$1.10$2.00100.6%31.5%130.1%48.7%103.6%-155.7%-87.0%1.4K36.8K4440.6329.59N/AN/A48530610,721846
2014-11-12$1.09$2.0024.7%32.5%130.2%0.0%95.7%-109.0%68.7%1.9K63.6K6700.3444.46N/AN/A89030611,096988
2014-11-13$1.03$2.00173.7%34.4%130.6%98.5%112.1%-4.4%-108.6%1.8K75.4K7400.6134.69N/AN/A50430611,462988
2014-11-14$1.04$2.00121.7%25.2%131.0%64.1%87.6%-28.9%-108.5%1.4K29.9K4260.2479.93N/AN/A1002411,462988
2014-11-17$1.17$1.00158.1%23.3%140.7%88.2%98.1%40.9%-82.9%09.8K00.7295.14N/AN/A53438211,5621,012
2014-11-18$1.30$1.00154.3%26.7%146.5%85.6%89.0%15.8%-57.3%2.6K160.7K1.1K0.7269.84N/AN/A53438211,5621,088
2014-11-19$1.07$1.00110.6%35.3%159.0%56.7%98.7%31.0%2.8%2.4K82.8K7690.0042.19N/AN/A24011,5621,088
2014-11-20$1.16$1.002.6%26.0%163.1%0.0%92.4%-25.2%-75.5%1.4K15.8K2770.8759.62N/AN/A43838211,5671,088
2014-11-21$1.31$1.0094.4%25.5%170.4%52.9%97.7%21.2%-52.3%011.7K00.6477.67N/AN/A51933311,567981
2014-11-24$1.26$1.00180.7%27.1%170.5%100.0%0.0%2.0%0.7%2.6K161.5K1.1K0.0055.99N/AN/A0011,584937
2014-11-25$1.19$1.00180.8%29.2%170.8%100.0%101.8%-36.0%-56.6%2.3K44.5K5540.7647.36N/AN/A43933211,584937
2014-11-26$1.18$1.00188.3%26.6%169.3%100.0%0.0%63.6%-60.4%2.7K122.5K9710.0099.87N/AN/A0011,584937
2014-11-28$1.05$1.00113.0%25.6%172.0%59.5%88.7%-44.1%-35.7%9023.7K1730.0064.68N/AN/A170011,584937