TRX Options History — May 2020

In May 2020, TRX traded between $0.52 and $0.87. ATM implied volatility averaged 114.6%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 32.4%. IV traded above realized volatility by 36.5% (HV 20d: 78.1%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.04.

Notable Days

  • 2020-05-14: Highest Volume — 1,806 contracts
  • 2020-05-29: Largest IV spike — 110.6% change
  • 2020-05-13: Highest IV Rank — 100.0%
  • 2020-05-13: Largest Expected Move — 59.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.74$0.52$0.87$0.52$0.85
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV114.6%59.5%207.1%98.8%131.9%
Expected Move32.4%17.1%59.4%27.9%37.8%
HV 20d78.1%55.7%93.6%60.2%82.9%
HV 60d110.1%104.1%114.7%107.8%104.1%
IV Rank45.0%10.7%100.0%36.2%54.5%
IV Percentile46.7%2.4%100.0%34.5%66.3%
Term Structure28.1%-102.0%143.4%-20.6%-4.7%
VWIV128.2%71.4%207.1%94.2%142.4%
Bid-Ask Spread %109.0712.39200.00146.5948.53
Gamma HHI1.001.001.001.001.00
Net GEX21307760776
Net DEX6.8K-5225.2K-5225.2K
Net VEX20058058
P/C Ratio0.040.000.350.000.01
Total Volume283.3501,8060200
Total OI4,404.853,4695,5123,4695,512

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$0.52$1.0098.8%0.0%60.2%36.2%0.0%0.0%0.0%0-5200.00146.59N/AN/A003,41059
2020-05-04$0.54$1.0097.4%27.9%61.5%35.4%0.0%0.0%-20.6%0000.00198.37N/AN/A5103,41060
2020-05-05$0.56$1.0094.0%27.0%56.6%33.2%0.0%0.0%6.5%0000.01198.43N/AN/A15813,46160
2020-05-06$0.58$1.0097.0%0.0%55.7%35.1%0.0%0.0%0.0%0000.02198.64N/AN/A5413,60561
2020-05-07$0.60$1.00135.6%38.9%56.4%59.6%0.0%0.0%-26.7%0000.0074.58N/AN/A103,65861
2020-05-08$0.64$1.00189.0%35.3%60.0%93.5%0.0%0.0%-2.7%0000.0017.92N/AN/A9603,72161
2020-05-11$0.73$1.00102.2%29.3%74.3%38.4%94.2%0.0%6.9%11600.2524.51N/AN/A4291063,91161
2020-05-12$0.83$1.00175.7%52.5%83.4%85.1%183.1%0.0%-20.5%825.6K150.01126.28N/AN/A40864,268166
2020-05-13$0.77$1.00207.1%59.4%89.9%100.0%207.1%0.0%-102.0%13910.6K290.00153.86N/AN/A20714,443172
2020-05-14$0.76$1.00126.8%36.4%88.5%51.4%140.7%0.0%18.8%25911.7K350.0024.30N/AN/A1,80604,629172
2020-05-15$0.83$1.00110.2%31.6%90.9%41.4%122.0%0.0%-0.9%37614.8K450.0463.29N/AN/A428174,678172
2020-05-18$0.87$1.0064.0%18.4%90.8%13.5%71.4%0.0%31.3%66410.2K370.0028.78N/AN/A7004,354177
2020-05-19$0.84$1.00132.1%37.9%92.0%54.6%0.0%0.0%-15.5%40115.9K450.00200.00N/AN/A10604,413177
2020-05-20$0.81$1.0059.5%17.1%93.6%10.7%0.0%0.0%89.5%112100.35177.78N/AN/A3071084,333177
2020-05-21$0.79$1.0094.0%27.0%85.1%31.6%94.1%0.0%129.9%5900.04156.10N/AN/A2814,417286
2020-05-22$0.78$1.00119.4%34.2%85.8%46.9%98.4%0.0%64.8%34612.2K370.0012.39N/AN/A25014,441287
2020-05-26$0.79$1.0084.0%24.1%84.6%25.5%0.0%0.0%119.6%5617.9K330.0089.74N/AN/A30504,606288
2020-05-27$0.82$1.00109.7%31.5%84.7%41.1%0.0%0.0%88.9%59822.6K570.0048.84N/AN/A7304,901288
2020-05-28$0.84$1.0062.7%18.0%84.3%12.6%0.0%0.0%143.4%34-2900.13192.47N/AN/A398504,853288
2020-05-29$0.85$1.00131.9%37.8%82.9%54.5%142.4%0.0%-4.7%77625.2K580.0148.53N/AN/A19915,174338