TRX Options History — August 2020

In August 2020, TRX traded between $0.82 and $0.93. ATM implied volatility averaged 83.9%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 24.8%. IV traded above realized volatility by 24.7% (HV 20d: 59.1%). 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 18 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2020-08-27: Highest Volume — 1,804 contracts
  • 2020-08-05: Largest IV spike — 110.7% change
  • 2020-08-19: Highest IV Rank — 48.1%
  • 2020-08-19: Largest Expected Move — 34.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.88$0.82$0.93$0.92$0.85
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV83.9%57.4%121.3%70.5%66.8%
Expected Move24.8%16.5%34.8%20.2%19.1%
HV 20d59.1%46.9%68.4%66.7%47.0%
HV 60d62.7%59.2%74.5%74.5%59.5%
IV Rank25.5%9.4%48.1%17.4%15.1%
IV Percentile21.7%0.8%58.7%7.1%5.2%
Term Structure34.3%-12.5%96.8%57.6%96.8%
VWIV88.4%62.6%121.2%91.6%68.0%
Bid-Ask Spread %62.0614.26133.3145.98107.90
Gamma HHI1.000.991.001.001.00
Net GEX1.0K352.8K2.0K35
Net DEX20.1K-9.5K34.7K23.5K-9.5K
Net VEX67192881
P/C Ratio0.210.002.600.290.02
Total Volume266101,804183120
Total OI9,647.3338,62910,1109,7669,515

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$0.92$1.0070.5%20.2%66.7%17.4%91.6%0.0%57.6%2.0K23.5K880.2945.98N/AN/A142418,5891,177
2020-08-04$0.92$1.0057.4%16.5%61.0%9.4%63.9%0.0%94.9%2.8K11.8K780.01110.53N/AN/A26938,6151,179
2020-08-05$0.92$1.00120.9%34.7%61.0%47.8%121.2%0.0%23.7%1.7K34.7K910.00101.93N/AN/A9708,8361,179
2020-08-06$0.89$1.0058.6%26.5%60.6%10.2%78.3%0.0%18.8%72328.5K910.0056.99N/AN/A11408,8681,179
2020-08-07$0.89$1.0079.3%32.5%60.4%22.7%0.0%0.0%-12.5%69329.9K900.0085.08N/AN/A1,01718,8871,179
2020-08-10$0.88$1.0088.7%33.9%60.2%28.4%118.3%0.0%-11.2%68229.7K860.1739.43N/AN/A208358,3651,178
2020-08-11$0.84$1.00111.8%19.9%61.3%42.4%0.0%0.0%46.1%89914.7K670.0420.45N/AN/A22888,5481,179
2020-08-12$0.82$1.0099.1%28.4%61.6%34.7%0.0%0.0%19.2%60521.8K740.1414.78N/AN/A2138,6781,181
2020-08-13$0.85$1.00102.6%29.4%63.5%36.8%94.5%0.0%-9.8%76824.4K770.0118.73N/AN/A15828,6851,183
2020-08-14$0.85$1.0076.9%22.0%63.2%21.2%0.0%0.0%24.2%88218.0K690.6716.63N/AN/A648,7781,182
2020-08-17$0.91$1.0086.8%24.9%64.3%27.2%62.6%0.0%21.1%82329.5K820.0329.64N/AN/A11748,7801,181
2020-08-18$0.93$1.0096.5%27.7%64.2%33.1%96.9%0.0%5.6%1.1K33.8K920.0148.44N/AN/A6818,8891,180
2020-08-19$0.88$1.00121.3%34.8%66.1%48.1%0.0%0.0%26.3%1.0K2.6K240.07117.89N/AN/A1418,9161,180
2020-08-20$0.90$1.0089.5%25.7%66.6%28.9%68.0%0.0%25.0%96031.5K850.1127.61N/AN/A918,9261,180
2020-08-21$0.86$1.0093.9%26.9%68.4%31.5%0.0%0.0%43.5%75829.2K810.0067.65N/AN/A62718,9301,180
2020-08-24$0.86$1.0071.3%20.4%49.7%17.8%0.0%0.0%68.9%1.1K20.3K670.0014.26N/AN/A2307,6511,001
2020-08-25$0.85$1.0057.9%16.6%49.2%9.7%0.0%0.0%60.6%1.2K9.9K430.0021.57N/AN/A14207,6481,001
2020-08-26$0.87$1.0060.8%17.4%50.5%11.5%0.0%0.0%37.3%1.4K13.7K510.17113.67N/AN/A131227,6281,001
2020-08-27$0.86$1.0091.1%26.1%48.9%29.8%0.0%0.0%42.4%90525.5K700.00110.83N/AN/A1,80407,7451,022
2020-08-28$0.86$1.0059.6%17.1%46.9%10.8%0.0%0.0%42.0%123-98232.60133.31N/AN/A401048,3731,022
2020-08-31$0.85$1.0066.8%19.1%47.0%15.1%0.0%0.0%96.8%35-9.5K10.02107.90N/AN/A11828,3941,121