TRX Options History — April 2019

In April 2019, TRX traded between $0.67 and $0.92. ATM implied volatility averaged 134.4%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 34.3%. IV traded above realized volatility by 25.4% (HV 20d: 109.1%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.15.

Notable Days

  • 2019-04-11: Highest Volume — 1,409 contracts
  • 2019-04-15: Largest IV spike — 111.7% change
  • 2019-04-15: Highest IV Rank — 40.6%
  • 2019-04-15: Largest Expected Move — 56.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.80$0.67$0.92$0.80$0.86
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV134.4%81.4%197.8%81.4%100.8%
Expected Move34.3%16.8%56.7%28.0%28.9%
HV 20d109.1%85.2%124.2%107.6%85.2%
HV 60d105.5%93.9%112.5%109.2%93.9%
IV Rank20.1%2.9%40.6%2.9%9.2%
IV Percentile35.7%1.6%95.6%1.6%7.5%
Term Structure31.2%-37.4%89.1%24.2%81.3%
VWIV124.1%82.9%199.3%105.6%93.8%
Bid-Ask Spread %102.6027.26200.00125.5137.47
Gamma HHI1.001.001.001.001.00
Net GEX52301.2K320145
Net DEX22.7K052.4K12.8K158
Net VEX570112442
P/C Ratio0.150.000.980.000.98
Total Volume206.524101,40940103
Total OI3,5532,6484,5552,6483,663

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$0.80$1.0081.4%28.0%107.6%2.9%105.6%0.0%24.2%32012.8K440.00125.51N/AN/A4002,57771
2019-04-02$0.77$1.00120.9%20.7%108.0%15.7%0.0%0.0%-37.4%3105.0K270.0091.79N/AN/A3702,57771
2019-04-03$0.75$1.00101.0%16.8%108.8%9.2%0.0%0.0%28.8%2300.00128.98N/AN/A35502,60071
2019-04-04$0.73$1.00147.4%20.5%107.2%24.3%0.0%0.0%25.4%3244.2K270.0085.13N/AN/A16102,81571
2019-04-05$0.67$1.00145.7%23.3%110.5%23.7%0.0%0.0%33.5%0000.0029.39N/AN/A21702,92971
2019-04-08$0.78$1.00129.0%23.8%121.1%18.3%82.9%0.0%5.8%225110.00144.79N/AN/A6103,07571
2019-04-09$0.75$1.00130.7%22.2%122.5%18.9%0.0%0.0%43.0%5257.5K390.6727.26N/AN/A643,11171
2019-04-10$0.75$1.0091.9%26.4%122.6%6.3%91.9%0.0%14.7%3500.06200.00N/AN/A7043,11675
2019-04-11$0.75$1.00146.6%42.0%122.6%24.0%146.6%0.0%-1.3%81700.00200.00N/AN/A1,40543,17975
2019-04-12$0.77$1.0093.4%26.8%122.6%6.8%142.7%0.0%6.8%132700.01183.33N/AN/A31144,46675
2019-04-15$0.80$1.00197.8%56.7%122.3%40.6%199.3%0.0%13.0%63644.1K1120.01127.30N/AN/A17024,46475
2019-04-16$0.77$1.00167.1%47.9%123.3%30.7%123.5%0.0%45.6%58941.5K1050.14100.00N/AN/A1424,47276
2019-04-17$0.81$1.00147.7%42.4%124.2%24.4%114.5%0.0%51.4%73142.5K1070.1489.41N/AN/A1424,47976
2019-04-18$0.83$1.00119.5%34.3%123.9%15.3%111.1%0.0%89.1%1.1K34.6K1030.0265.94N/AN/A15134,47976
2019-04-22$0.92$1.00184.3%52.8%116.9%36.3%182.8%0.0%-18.3%90651.3K1080.0043.34N/AN/A29603,39522
2019-04-23$0.88$1.00136.2%39.0%96.5%20.6%107.9%0.0%60.9%1.0K51.1K1110.1532.72N/AN/A273413,56622
2019-04-24$0.87$1.00152.5%43.7%87.0%25.9%113.4%0.0%58.5%90452.4K1100.26133.18N/AN/A160413,57463
2019-04-25$0.85$1.00129.2%37.0%86.6%18.4%121.5%0.0%54.3%1.2K40.2K1010.3651.31N/AN/A114413,57663
2019-04-26$0.85$1.00116.7%33.5%85.5%14.3%93.8%0.0%83.8%1.2K40.4K990.28150.48N/AN/A144413,57563
2019-04-29$0.86$1.00183.2%52.5%85.4%35.9%0.0%0.0%-8.1%1.0K49.1K950.00107.22N/AN/A4603,60463
2019-04-30$0.86$1.00100.8%28.9%85.2%9.2%0.0%0.0%81.3%14515820.9837.47N/AN/A52513,60063