TRX Options History — January 2015

In January 2015, TRX traded between $0.55 and $0.66. ATM implied volatility averaged 139.8%, placing in the 71.6% IV rank vs the trailing year. The 30-day expected move averaged 39.4%. IV traded above realized volatility by 2.9% (HV 20d: 136.8%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.65.

Notable Days

  • 2015-01-02: Highest Volume — 1,881 contracts
  • 2015-01-20: Largest IV drop — 54.4% change
  • 2015-01-02: Highest IV Rank — 100.0%
  • 2015-01-16: Largest Expected Move — 56.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.60$0.55$0.66$0.63$0.60
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV139.8%89.3%195.8%190.9%126.8%
Expected Move39.4%25.6%56.1%46.0%36.4%
HV 20d136.8%64.9%179.7%179.2%64.9%
HV 60d151.5%147.9%154.4%154.4%147.9%
IV Rank71.6%44.9%100.0%100.0%64.3%
IV Percentile83.2%52.4%100.0%100.0%82.5%
Term Structure-6.6%-100.7%99.2%-30.6%16.0%
VWIV160.3%160.3%160.3%160.3%160.3%
Skew 25d26.7%-43.6%92.5%92.5%8.8%
Skew 10d2.2%-52.1%43.4%43.4%-25.3%
Call IV 25d127.6%93.1%170.8%93.1%135.1%
Put IV 25d154.3%103.7%189.3%185.7%143.9%
Bid-Ask Spread %124.1147.58182.62100.38158.26
Gamma HHI1.001.001.001.001.00
Net GEX00000
Net DEX00000
Net VEX00000
P/C Ratio0.650.001.700.410.77
Total Volume642.6501,8811,881753
Total OI12,124.17,83315,97814,4178,104

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-01-02$0.63$1.00190.9%46.0%179.2%100.0%160.3%92.5%-30.6%0000.41100.38N/AN/A1,33554613,3831,034
2015-01-05$0.61$1.00162.0%49.4%179.2%84.6%0.0%0.0%-36.4%0000.23177.03N/AN/A2004514,2611,009
2015-01-06$0.63$1.00138.6%39.7%179.7%72.2%0.0%77.0%-7.4%0000.0497.24N/AN/A156614,4611,009
2015-01-07$0.61$1.00176.0%50.5%179.0%92.1%0.0%60.6%-59.3%0000.00111.58N/AN/A131014,6001,015
2015-01-08$0.58$1.00190.4%54.6%176.5%99.7%0.0%41.3%-19.2%0000.80132.85N/AN/A64151214,7311,040
2015-01-09$0.57$1.00195.2%55.9%175.3%100.0%0.0%17.3%-98.1%0000.89137.34N/AN/A57451214,6511,040
2015-01-12$0.56$1.00123.6%0.0%175.2%62.8%0.0%-11.1%-96.4%0000.89112.80N/AN/A57451214,671995
2015-01-13$0.55$1.00124.6%0.0%173.7%63.3%0.0%-17.7%0.0%0000.6293.49N/AN/A82451214,671955
2015-01-14$0.55$1.00137.5%0.0%173.7%70.0%0.0%-16.3%0.0%0000.63143.41N/AN/A81451214,841955
2015-01-15$0.55$1.00187.9%0.0%159.9%96.2%0.0%20.3%0.0%0000.90124.55N/AN/A56450615,023955
2015-01-16$0.61$1.00195.8%56.1%162.7%100.0%0.0%0.0%-100.7%0000.00159.37N/AN/A0015,033910
2015-01-20$0.66$1.0089.3%25.6%140.2%44.9%0.0%64.3%98.3%0000.00167.91N/AN/A107,357476
2015-01-21$0.62$1.00100.0%28.7%109.9%50.4%0.0%77.6%99.2%0000.0065.14N/AN/A007,358476
2015-01-22$0.63$1.0098.6%28.3%97.7%49.7%0.0%40.3%0.0%0001.70103.29N/AN/A1923277,358476
2015-01-23$0.63$1.00100.5%28.8%96.4%50.7%0.0%-16.9%0.0%0001.66182.62N/AN/A1973277,383476
2015-01-26$0.61$1.00111.4%31.9%83.7%56.3%0.0%-43.6%0.0%0000.00169.64N/AN/A007,413476
2015-01-27$0.63$1.00109.2%31.3%84.2%55.2%0.0%32.1%73.6%0000.0047.58N/AN/A7407,413476
2015-01-28$0.62$1.00114.3%32.8%80.3%57.8%0.0%27.0%0.0%0000.7773.60N/AN/A4263277,417476
2015-01-29$0.60$1.00122.9%35.2%65.3%62.2%0.0%8.8%75.5%0000.77124.09N/AN/A4263277,628476
2015-01-30$0.60$1.00126.8%36.4%64.9%64.3%0.0%0.0%16.0%0000.77158.26N/AN/A4263277,628476