TRX Options History — February 2017

In February 2017, TRX traded between $0.44 and $0.60. ATM implied volatility averaged 151.4%, placing in the 47.4% IV rank vs the trailing year. The 30-day expected move averaged 43.5%. IV traded above realized volatility by 85.7% (HV 20d: 65.7%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.11.

Notable Days

2017-02-01: Highest Volume — 195 contracts
2017-02-06: Largest IV spike — 31.2% change
2017-02-07: Highest IV Rank — 58.3%
2017-02-16: Largest Expected Move — 48.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$0.53	$0.44	$0.60	$0.52	$0.44
Max Pain	$1.00	$1.00	$1.00	$1.00	$1.00
ATM IV	151.4%	116.1%	183.8%	141.1%	116.1%
Expected Move	43.5%	35.4%	48.8%	48.0%	38.9%
HV 20d	65.7%	59.3%	74.7%	71.7%	68.3%
HV 60d	75.3%	71.8%	81.2%	78.7%	73.9%
IV Rank	47.4%	35.5%	58.3%	43.9%	35.5%
IV Percentile	43.5%	19.0%	75.8%	33.3%	19.0%
Term Structure	-25.7%	-52.5%	57.1%	-34.8%	-18.3%
Skew 25d	54.5%	45.5%	63.8%	63.8%	54.1%
Skew 10d	54.5%	45.5%	63.8%	63.8%	54.1%
Call IV 25d	98.7%	93.2%	107.2%	95.6%	107.2%
Put IV 25d	153.2%	138.7%	161.3%	159.5%	161.3%
Bid-Ask Spread %	110.60	28.65	189.48	189.14	180.15
Net GEX	0	0	0	0	0
Net DEX	-27	-520	0	-520	0
Net VEX	0	0	0	0	0
P/C Ratio	0.11	0.03	0.21	0.08	0.03
Total Volume	142.947	86	195	195	166
Total OI	1,686.789	1,593	1,809	1,593	1,776

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	DEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-02-01	$0.52	$1.00	141.1%	0.0%	71.7%	43.9%	0.0%	0.0%	0.0%	-520	0.08	189.14	N/A	N/A	180	15	1,578	15
2017-02-02	$0.55	$0.00	168.4%	48.0%	74.7%	53.1%	0.0%	0.0%	-34.8%	0	0.16	47.83	N/A	N/A	91	15	1,578	15
2017-02-03	$0.54	$0.00	138.3%	39.7%	67.4%	43.0%	0.0%	0.0%	-36.2%	0	0.21	186.84	N/A	N/A	72	15	1,589	15
2017-02-06	$0.58	$0.00	181.5%	45.4%	65.3%	57.5%	0.0%	63.8%	-36.1%	0	0.21	76.07	N/A	N/A	72	15	1,589	15
2017-02-07	$0.60	$0.00	183.8%	41.4%	61.5%	58.3%	0.0%	45.5%	-36.0%	0	0.21	28.65	N/A	N/A	72	15	1,589	15
2017-02-08	$0.57	$0.00	162.7%	46.6%	63.1%	51.1%	0.0%	0.0%	57.1%	0	0.21	42.65	N/A	N/A	71	15	1,589	15
2017-02-09	$0.54	$0.00	183.1%	0.0%	65.9%	58.0%	0.0%	0.0%	0.0%	0	0.20	129.92	N/A	N/A	74	15	1,599	15
2017-02-10	$0.56	$0.00	144.7%	41.5%	67.1%	45.1%	0.0%	0.0%	-42.4%	0	0.20	126.10	N/A	N/A	74	15	1,599	15
2017-02-13	$0.55	$0.00	155.1%	44.5%	66.0%	48.6%	0.0%	54.1%	-48.0%	0	0.09	102.90	N/A	N/A	164	15	1,599	15
2017-02-14	$0.55	$0.00	157.7%	45.2%	64.9%	49.5%	0.0%	0.0%	-49.7%	0	0.09	60.64	N/A	N/A	164	15	1,699	15
2017-02-15	$0.54	$0.00	163.7%	46.9%	62.1%	51.5%	0.0%	0.0%	-52.5%	0	0.09	152.96	N/A	N/A	164	15	1,699	15
2017-02-16	$0.53	$0.00	170.1%	48.8%	60.8%	53.7%	0.0%	0.0%	-0.1%	0	0.09	46.86	N/A	N/A	164	15	1,699	15
2017-02-17	$0.54	$0.00	123.5%	35.4%	60.8%	38.0%	0.0%	0.0%	-11.7%	0	0.09	58.43	N/A	N/A	164	15	1,794	15
2017-02-21	$0.54	$0.00	135.8%	38.9%	59.3%	42.1%	0.0%	0.0%	-18.3%	0	0.03	85.78	N/A	N/A	160	5	1,770	5
2017-02-22	$0.49	$0.00	131.9%	0.0%	68.4%	40.8%	0.0%	0.0%	0.0%	0	0.03	152.33	N/A	N/A	161	5	1,770	5
2017-02-23	$0.48	$0.00	134.1%	0.0%	68.7%	41.5%	0.0%	0.0%	0.0%	0	0.03	119.04	N/A	N/A	161	5	1,771	5
2017-02-24	$0.48	$0.00	137.3%	0.0%	65.7%	42.6%	0.0%	0.0%	0.0%	0	0.03	189.48	N/A	N/A	161	5	1,771	5
2017-02-27	$0.46	$0.00	148.0%	0.0%	67.0%	46.2%	0.0%	0.0%	0.0%	0	0.03	125.69	N/A	N/A	161	5	1,771	5
2017-02-28	$0.44	$0.00	116.1%	0.0%	68.3%	35.5%	0.0%	0.0%	0.0%	0	0.03	180.15	N/A	N/A	161	5	1,771	5