TRX Options History — September 2019

In September 2019, TRX traded between $0.77 and $0.89. ATM implied volatility averaged 83.1%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 21.9%. IV traded above realized volatility by 22.2% (HV 20d: 60.9%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.05.

Notable Days

  • 2019-09-23: Highest Volume — 590 contracts
  • 2019-09-04: Largest IV spike — 77.8% change
  • 2019-09-10: Highest IV Rank — 26.1%
  • 2019-09-30: Largest Expected Move — 27.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.81$0.77$0.89$0.85$0.79
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV83.1%41.8%130.2%41.8%97.2%
Expected Move21.9%12.0%27.9%12.0%27.9%
HV 20d60.9%53.6%70.0%63.9%70.0%
HV 60d72.6%67.1%74.9%71.6%67.8%
IV Rank12.2%0.0%26.1%0.0%16.3%
IV Percentile14.9%0.0%46.0%0.0%27.4%
Term Structure13.5%-30.8%48.9%-26.6%-30.8%
VWIV67.9%15.0%112.6%15.0%112.6%
Bid-Ask Spread %71.7817.48200.0076.11152.12
Gamma HHI0.990.971.001.001.00
Net GEX1.2K02.0K00
Net DEX18.3K-6.8K40.4K-170-6.8K
Net VEX88015700
P/C Ratio0.050.000.270.120.27
Total Volume77.105902914
Total OI5,314.354,8156,0234,8156,023

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$0.85$1.0041.8%12.0%63.9%0.0%15.0%0.0%-26.6%0-17000.1276.11N/AN/A2634,637178
2019-09-04$0.89$1.0074.3%21.3%66.1%9.6%0.0%0.0%-24.1%184810.0063.15N/AN/A004,663178
2019-09-05$0.82$1.0081.3%23.2%65.2%11.7%0.0%0.0%47.3%1.2K38.8K1570.00129.28N/AN/A9204,663178
2019-09-06$0.82$1.0092.8%23.5%61.3%15.0%0.0%0.0%46.5%1.2K38.8K1550.0240.47N/AN/A21444,689178
2019-09-09$0.78$1.00123.0%18.8%62.0%24.0%0.0%0.0%40.6%1.2K9.1K790.0817.48N/AN/A2524,901182
2019-09-10$0.79$1.00130.2%19.2%59.4%26.1%0.0%0.0%41.9%1.3K11.8K870.0041.24N/AN/A7004,901191
2019-09-11$0.78$1.0067.3%19.3%58.7%7.5%0.0%0.0%29.8%1.2K10.1K860.0071.06N/AN/A104,951191
2019-09-12$0.78$1.0068.2%19.5%58.7%7.8%0.0%0.0%28.1%1.2K9.4K850.0019.66N/AN/A304,952191
2019-09-13$0.77$1.0068.4%19.6%53.6%7.8%0.0%0.0%27.2%1.1K7.5K740.0017.48N/AN/A104,955191
2019-09-16$0.81$1.0090.0%25.8%57.0%14.2%0.0%0.0%30.4%1.2K34.4K1340.0025.19N/AN/A10704,956191
2019-09-17$0.81$1.0091.4%26.2%56.2%14.6%0.0%0.0%39.8%1.2K34.4K1320.0019.66N/AN/A305,053191
2019-09-18$0.80$1.0083.5%23.9%56.1%12.3%0.0%0.0%48.9%1.3K26.2K1130.00122.67N/AN/A105,053191
2019-09-19$0.78$1.0075.9%21.8%56.6%10.1%0.0%0.0%35.6%1.2K10.5K760.00143.19N/AN/A6805,061191
2019-09-20$0.80$1.0086.1%24.7%57.5%13.1%0.0%0.0%38.1%1.3K25.9K1090.0091.96N/AN/A005,116191
2019-09-23$0.85$1.0071.4%20.5%60.3%8.7%86.3%0.0%-17.9%2.0K20.8K990.0435.13N/AN/A566245,106189
2019-09-24$0.84$1.0072.3%20.7%59.9%9.0%0.0%0.0%-19.3%1.9K19.0K900.0494.19N/AN/A8335,685201
2019-09-25$0.80$1.0094.2%27.0%62.2%15.5%0.0%0.0%-23.2%1.4K26.0K1010.0039.92N/AN/A085,765204
2019-09-26$0.86$1.0091.5%26.2%66.2%14.7%0.0%0.0%-19.7%1.6K40.4K1230.2735.63N/AN/A85235,765212
2019-09-27$0.84$1.0060.9%17.5%66.1%5.6%57.8%0.0%-22.2%1.9K10.0K690.04200.00N/AN/A11245,738235
2019-09-30$0.79$1.0097.2%27.9%70.0%16.3%112.6%0.0%-30.8%0-6.8K00.27152.12N/AN/A1135,786237