TRX Options History — March 2019

In March 2019, TRX traded between $0.57 and $0.92. ATM implied volatility averaged 112.2%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 28.7%. IV traded above realized volatility by 26.3% (HV 20d: 85.9%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.13.

Notable Days

  • 2019-03-29: Highest Volume — 477 contracts
  • 2019-03-04: Largest IV spike — 111.9% change
  • 2019-03-06: Highest IV Rank — 37.7%
  • 2019-03-06: Largest Expected Move — 55.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.67$0.57$0.92$0.60$0.81
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV112.2%72.5%191.7%84.2%93.7%
Expected Move28.7%12.2%55.0%24.1%17.2%
HV 20d85.9%61.0%109.4%91.5%107.4%
HV 60d97.4%92.4%109.1%93.3%109.1%
IV Rank11.9%0.0%37.7%2.2%6.9%
IV Percentile17.6%0.0%93.3%0.4%6.7%
Term Structure1.2%-70.7%43.3%-70.7%-26.4%
VWIV69.8%59.7%82.4%72.7%59.7%
Bid-Ask Spread %91.8116.37200.00105.88106.28
Gamma HHI1.001.001.001.001.00
Net GEX12504240399
Net DEX4.4K-73215.6K-1205.8K
Net VEX23079029
P/C Ratio0.130.000.580.040.13
Total Volume159.0480477120477
Total OI1,948.7621,5942,6281,5942,562

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$0.60$1.0084.2%24.1%91.5%2.2%0.0%0.0%-70.7%0-12000.04105.88N/AN/A11551,5886
2019-03-04$0.62$1.00178.4%51.1%91.5%33.3%0.0%0.0%42.1%0-12400.0096.19N/AN/A3001,6486
2019-03-05$0.60$1.00181.5%52.0%91.4%34.3%0.0%0.0%22.2%0-12000.09200.00N/AN/A3331,6696
2019-03-06$0.60$1.00191.7%55.0%89.1%37.7%0.0%0.0%26.2%0-12000.09120.00N/AN/A3331,6685
2019-03-07$0.57$1.00119.5%0.0%91.3%13.9%0.0%0.0%26.4%0-11400.15125.37N/AN/A85131,6685
2019-03-08$0.61$1.00107.7%0.0%92.9%10.0%0.0%0.0%43.3%0-73200.15153.85N/AN/A85131,69115
2019-03-11$0.59$1.00110.1%30.0%92.2%10.8%0.0%0.0%25.7%18212.5K770.0022.69N/AN/A001,69015
2019-03-12$0.59$1.00111.6%28.0%78.1%11.3%0.0%0.0%20.6%19012.8K790.0016.37N/AN/A101,69015
2019-03-13$0.60$1.00114.1%29.9%77.8%12.1%0.0%0.0%21.1%20711.4K740.0018.01N/AN/A101,69015
2019-03-14$0.60$1.0096.9%22.4%76.8%6.4%0.0%0.0%-27.4%2138.3K680.0079.68N/AN/A40201,69015
2019-03-15$0.60$1.00117.3%12.2%75.7%13.2%0.0%0.0%-28.5%2-11300.0045.59N/AN/A43201,85015
2019-03-18$0.63$0.00107.7%34.3%62.0%10.0%0.0%0.0%23.9%0000.00195.70N/AN/A5001,8133
2019-03-19$0.65$0.0092.8%18.9%62.6%5.1%0.0%0.0%-26.8%0000.00171.13N/AN/A4501,8633
2019-03-20$0.66$0.0092.2%32.8%61.0%4.9%0.0%0.0%22.2%0000.00200.00N/AN/A8001,8883
2019-03-21$0.65$0.00115.3%23.2%61.3%12.5%0.0%0.0%-28.9%0000.0049.08N/AN/A8601,9173
2019-03-22$0.76$0.0073.0%24.7%77.1%0.0%72.7%0.0%-0.3%0000.0137.16N/AN/A11811,9783
2019-03-25$0.92$1.00128.8%30.1%97.5%18.1%82.4%0.0%-13.6%24515.6K450.4273.34N/AN/A2421022,3723
2019-03-26$0.82$1.0072.5%19.8%108.9%0.0%64.5%0.0%-1.0%4018.1K390.5832.41N/AN/A2031182,522106
2019-03-27$0.85$1.0076.1%21.8%108.5%1.2%59.7%0.0%-0.5%36012.6K470.5848.47N/AN/A2031182,493120
2019-03-28$0.82$1.0092.0%17.1%109.4%6.3%0.0%0.0%-24.3%4246.4K330.3930.81N/AN/A175682,492120
2019-03-29$0.81$1.0093.7%17.2%107.4%6.9%0.0%0.0%-26.4%3995.8K290.13106.28N/AN/A423542,49270