TRX Options History — March 2015

In March 2015, TRX traded between $0.32 and $0.56. ATM implied volatility averaged 148.4%, placing in the 74.1% IV rank vs the trailing year. The 30-day expected move averaged 43.5%. IV traded above realized volatility by 41.4% (HV 20d: 106.9%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2015-03-03: Highest Volume — 1,073 contracts
  • 2015-03-20: Largest IV spike — 79.2% change
  • 2015-03-09: Highest IV Rank — 97.9%
  • 2015-03-20: Largest Expected Move — 51.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.42$0.32$0.56$0.55$0.33
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV148.4%100.9%195.2%129.5%168.6%
Expected Move43.5%36.9%51.8%37.8%51.8%
HV 20d106.9%44.6%176.4%45.3%175.7%
HV 60d110.4%100.3%114.7%112.1%110.8%
IV Rank74.1%50.0%97.9%64.5%84.4%
IV Percentile81.3%56.0%98.8%78.6%87.7%
Term Structure-64.9%-93.2%-37.9%-61.9%-93.2%
Skew 25d24.3%-1.0%48.2%14.4%47.2%
Skew 10d16.0%-31.2%48.2%-10.6%47.2%
Call IV 25d108.4%87.7%130.6%118.1%122.0%
Put IV 25d132.7%109.0%169.2%132.5%169.2%
Bid-Ask Spread %53.3212.42112.6330.1179.52
Net GEX00000
Net DEX-13.2K-21.5K00-11.2K
Net VEX00000
P/C Ratio0.680.001.210.551.21
Total Volume390.40901,0739151,001
Total OI9,296.3189,0589,5669,0589,566

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-03-02$0.55$0.00129.5%0.0%45.3%64.5%0.0%14.4%0.0%0000.5530.11N/AN/A5923238,582476
2015-03-03$0.56$0.00131.1%0.0%44.6%65.3%0.0%2.3%0.0%0000.9445.38N/AN/A5525218,582476
2015-03-04$0.54$0.00134.5%0.0%44.7%67.0%0.0%3.1%0.0%0001.00110.48N/AN/A5225218,602516
2015-03-05$0.52$1.00178.5%37.8%45.8%89.4%0.0%-1.0%-61.9%0-21.5K00.8114.65N/AN/A5224248,722516
2015-03-06$0.48$1.00128.7%36.9%52.2%64.1%0.0%36.7%-68.4%0-19.9K00.8316.88N/AN/A5224318,722516
2015-03-09$0.42$1.00195.2%49.5%68.0%97.9%0.0%10.1%-84.5%0-17.4K00.0012.42N/AN/A01008,722516
2015-03-10$0.42$1.00140.6%40.3%67.1%70.1%0.0%35.7%-37.9%0-18.2K00.0026.24N/AN/A008,722560
2015-03-11$0.38$1.00156.4%44.8%73.6%78.2%0.0%0.0%-43.4%0-16.5K00.0015.39N/AN/A008,722560
2015-03-12$0.36$1.00137.2%0.0%74.6%68.4%0.0%0.0%0.0%0-15.6K00.0025.76N/AN/A2008,722560
2015-03-13$0.38$1.00137.1%0.0%78.1%68.4%0.0%46.5%0.0%0-14.9K00.0025.25N/AN/A008,722520
2015-03-16$0.32$1.00158.8%0.0%93.6%79.4%0.0%0.0%0.0%0-12.6K00.0030.78N/AN/A008,722520
2015-03-17$0.32$1.00134.3%0.0%94.1%66.9%0.0%0.0%0.0%0-12.6K00.0037.71N/AN/A008,722520
2015-03-18$0.36$1.00121.9%0.0%107.3%60.6%0.0%0.0%0.0%0-14.1K00.0030.14N/AN/A008,722520
2015-03-19$0.44$1.00100.9%0.0%132.5%50.0%0.0%0.0%0.0%0-17.3K00.0083.34N/AN/A058,722520
2015-03-20$0.51$1.00180.8%51.8%142.7%90.6%0.0%48.2%-93.2%0-20.0K00.02108.09N/AN/A6018,722525
2015-03-23$0.41$1.00113.5%0.0%161.9%56.4%0.0%0.0%0.0%0-16.1K00.0061.27N/AN/A2008,745524
2015-03-24$0.38$1.00179.4%0.0%162.2%89.9%0.0%0.0%0.0%0-14.9K01.0030.08N/AN/A2002008,745524
2015-03-25$0.34$1.00185.5%0.0%164.1%92.9%0.0%0.0%0.0%0-10.7K00.0079.34N/AN/A5008,945546
2015-03-26$0.39$1.00117.8%0.0%173.9%58.5%0.0%0.0%0.0%0-13.2K01.2198.02N/AN/A4525498,995571
2015-03-27$0.38$1.00184.4%0.0%173.9%92.4%0.0%47.2%0.0%0-11.9K00.0099.62N/AN/A008,995546
2015-03-30$0.34$1.00148.8%0.0%176.4%74.3%0.0%0.0%0.0%0-11.5K01.21112.63N/AN/A4525498,995571
2015-03-31$0.33$1.00168.6%0.0%175.7%84.4%0.0%0.0%0.0%0-11.2K01.2179.52N/AN/A4525498,995571