TRX Options History — January 2018

In January 2018, TRX traded between $0.32 and $0.43. ATM implied volatility averaged 167.9%, placing in the 36.4% IV rank vs the trailing year. The 30-day expected move averaged 45.9%. IV traded above realized volatility by 36.2% (HV 20d: 131.8%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.25.

Notable Days

2018-01-17: Highest Volume — 359 contracts
2018-01-17: Largest IV spike — 34.8% change
2018-01-18: Highest IV Rank — 46.1%
2018-01-22: Largest Expected Move — 56.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$0.39	$0.32	$0.43	$0.32	$0.40
Max Pain	$1.00	$1.00	$1.00	$1.00	$1.00
ATM IV	167.9%	126.0%	197.1%	163.1%	184.9%
Expected Move	45.9%	36.9%	56.5%	36.9%	56.5%
HV 20d	131.8%	113.7%	141.7%	113.7%	117.7%
HV 60d	96.1%	82.8%	102.5%	82.8%	102.5%
IV Rank	36.4%	23.9%	46.1%	36.9%	39.5%
IV Percentile	66.2%	23.8%	96.4%	59.5%	84.5%
Term Structure	-45.1%	-85.1%	-18.9%	-46.9%	-18.9%
Bid-Ask Spread %	142.93	27.69	195.96	184.29	171.73
Net GEX	0	0	0	0	0
Net DEX	-40	-456	0	-384	0
Net VEX	0	0	0	0	0
P/C Ratio	0.25	0.00	1.38	1.38	0.00
Total Volume	200.286	62	359	62	120
Total OI	428.714	245	652	245	401

Daily Data (21 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
2018-01-02	$0.32	$1.00	163.1%	0.0%	113.7%	36.9%	0.0%	0.0%	0.0%	-384	1.38	184.29	N/A	N/A	26	36	233	12
2018-01-03	$0.38	$1.00	145.0%	0.0%	126.9%	30.6%	0.0%	0.0%	0.0%	-456	1.38	188.44	N/A	N/A	26	36	236	12
2018-01-04	$0.43	$0.00	186.4%	36.9%	130.1%	45.0%	0.0%	0.0%	-46.9%	0	1.09	187.72	N/A	N/A	33	36	236	12
2018-01-05	$0.40	$0.00	141.6%	40.6%	134.5%	29.4%	0.0%	0.0%	-21.3%	0	0.15	89.42	N/A	N/A	233	36	246	12
2018-01-08	$0.40	$0.00	143.8%	41.2%	134.5%	30.1%	0.0%	0.0%	-24.4%	0	0.15	27.69	N/A	N/A	238	36	459	12
2018-01-09	$0.41	$0.00	144.7%	41.5%	134.4%	30.4%	0.0%	0.0%	-25.5%	0	0.15	27.69	N/A	N/A	238	36	459	12
2018-01-10	$0.38	$0.00	156.5%	44.9%	137.3%	34.5%	0.0%	0.0%	-28.7%	0	0.15	193.98	N/A	N/A	244	36	459	12
2018-01-11	$0.41	$0.00	149.4%	42.8%	138.4%	32.1%	0.0%	0.0%	-28.4%	0	0.15	134.46	N/A	N/A	244	36	480	12
2018-01-12	$0.41	$0.00	148.9%	42.7%	138.5%	31.9%	0.0%	0.0%	-60.1%	0	0.13	77.01	N/A	N/A	274	36	480	12
2018-01-16	$0.39	$0.00	126.0%	0.0%	140.7%	23.9%	0.0%	0.0%	0.0%	0	0.14	38.73	N/A	N/A	263	36	531	12
2018-01-17	$0.39	$0.00	169.7%	48.7%	136.9%	39.2%	0.0%	0.0%	-73.5%	0	0.11	115.00	N/A	N/A	323	36	540	12
2018-01-18	$0.35	$0.00	189.7%	54.4%	136.8%	46.1%	0.0%	0.0%	-83.4%	0	0.11	193.98	N/A	N/A	323	36	640	12
2018-01-19	$0.36	$0.00	190.7%	54.7%	135.3%	41.7%	0.0%	0.0%	-85.1%	0	0.11	193.98	N/A	N/A	323	36	640	12
2018-01-22	$0.37	$0.00	197.1%	56.5%	135.1%	44.1%	0.0%	0.0%	-18.9%	0	0.00	109.44	N/A	N/A	110	0	401	0
2018-01-23	$0.36	$0.00	187.7%	0.0%	135.8%	40.6%	0.0%	0.0%	0.0%	0	0.00	170.07	N/A	N/A	120	0	401	0
2018-01-24	$0.41	$0.00	167.9%	0.0%	141.7%	33.1%	0.0%	0.0%	0.0%	0	0.00	195.96	N/A	N/A	120	0	401	0
2018-01-25	$0.41	$0.00	168.7%	0.0%	130.4%	33.4%	0.0%	0.0%	0.0%	0	0.00	177.98	N/A	N/A	120	0	401	0
2018-01-26	$0.39	$0.00	178.5%	0.0%	121.0%	37.1%	0.0%	0.0%	0.0%	0	0.00	145.46	N/A	N/A	120	0	401	0
2018-01-29	$0.37	$0.00	192.6%	0.0%	123.4%	42.4%	0.0%	0.0%	0.0%	0	0.00	195.96	N/A	N/A	120	0	401	0
2018-01-30	$0.37	$0.00	193.2%	0.0%	123.4%	42.6%	0.0%	0.0%	0.0%	0	0.00	182.45	N/A	N/A	120	0	401	0
2018-01-31	$0.40	$0.00	184.9%	0.0%	117.7%	39.5%	0.0%	0.0%	0.0%	0	0.00	171.73	N/A	N/A	120	0	401	0