TRX Options History — November 2019

In November 2019, TRX traded between $0.75 and $0.83. ATM implied volatility averaged 113.3%, placing in the 45.5% IV rank vs the trailing year. The 30-day expected move averaged 27.5%. IV traded above realized volatility by 65.3% (HV 20d: 48.0%). 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 7 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2019-11-18: Highest Volume — 180 contracts
  • 2019-11-20: Largest IV spike — 39.1% change
  • 2019-11-11: Highest IV Rank — 83.8%
  • 2019-11-15: Largest Expected Move — 34.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.78$0.75$0.83$0.83$0.82
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV113.3%68.5%173.4%93.5%68.5%
Expected Move27.5%19.6%34.5%26.8%19.6%
HV 20d48.0%34.5%50.9%34.5%49.3%
HV 60d51.7%46.7%53.9%52.3%46.7%
IV Rank45.5%17.1%83.8%32.9%17.1%
IV Percentile44.6%6.0%89.3%30.2%6.0%
Term Structure-1.4%-28.1%56.5%-16.4%-2.0%
VWIV84.1%84.1%84.1%84.1%84.1%
Bid-Ask Spread %71.8313.64200.0023.0072.26
Gamma HHI1.001.001.001.001.00
Net GEX34062341
Net DEX1.1K02.6K2821
Net VEX40810
P/C Ratio0.560.004.330.000.00
Total Volume42.40180880
Total OI6,277.85,8386,5845,8386,584

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$0.83$1.0093.5%26.8%34.5%32.9%0.0%0.0%-16.4%3428210.0023.00N/AN/A8805,641197
2019-11-04$0.78$1.00123.0%20.7%41.2%51.7%0.0%0.0%-16.3%6198050.0254.51N/AN/A13535,729197
2019-11-05$0.77$1.00127.5%20.7%41.0%54.6%0.0%0.0%56.5%5787854.3333.25N/AN/A3135,864197
2019-11-06$0.82$1.00140.3%26.2%46.9%62.7%0.0%0.0%1.8%562.2K80.15146.67N/AN/A128195,867210
2019-11-07$0.78$1.00144.1%21.4%49.4%65.1%0.0%0.0%26.8%611.0K50.0034.77N/AN/A1805,992211
2019-11-08$0.80$1.00164.4%32.7%49.6%78.0%0.0%0.0%30.3%432.5K82.5058.35N/AN/A256,010211
2019-11-11$0.79$1.00173.4%29.9%49.6%83.8%0.0%0.0%-19.3%372.6K70.0013.64N/AN/A006,012216
2019-11-12$0.78$1.00115.6%33.1%49.6%47.0%84.1%0.0%-20.4%452.2K70.0023.59N/AN/A1806,012216
2019-11-13$0.76$1.00110.6%31.7%50.2%43.8%0.0%0.0%-2.5%461.8K60.0027.14N/AN/A1606,027216
2019-11-14$0.78$1.00118.7%34.0%50.9%49.0%0.0%0.0%-2.5%452.2K70.10144.44N/AN/A1016,023221
2019-11-15$0.78$1.00120.4%34.5%50.9%50.0%0.0%0.0%24.7%452.2K60.0019.41N/AN/A046,033222
2019-11-18$0.77$1.00108.3%31.1%49.1%42.3%0.0%0.0%3.5%461.9K60.0016.02N/AN/A18006,005225
2019-11-19$0.76$1.0071.7%20.5%49.3%19.0%0.0%0.0%-18.9%4239720.0082.67N/AN/A036,185225
2019-11-20$0.76$1.0099.7%28.6%49.3%36.9%0.0%0.0%-28.1%0000.00171.93N/AN/A4306,185228
2019-11-21$0.75$1.00118.4%33.9%49.3%48.7%0.0%0.0%1.5%0000.0096.85N/AN/A006,205228
2019-11-22$0.75$1.0097.7%28.0%48.4%35.6%0.0%0.0%-21.7%0000.6786.11N/AN/A326,205228
2019-11-25$0.77$1.0096.7%27.7%49.3%35.0%0.0%0.0%-0.7%0000.0035.91N/AN/A8306,204228
2019-11-26$0.80$1.00100.2%28.7%50.9%37.3%0.0%0.0%-0.3%621.7K50.0096.00N/AN/A7106,285228
2019-11-27$0.79$1.0072.3%20.7%50.9%19.5%0.0%0.0%-23.9%0000.00200.00N/AN/A006,356228
2019-11-29$0.82$1.0068.5%19.6%49.3%17.1%0.0%0.0%-2.0%1100.0072.26N/AN/A006,356228