TRX Options History — December 2020

In December 2020, TRX traded between $0.57 and $0.66. ATM implied volatility averaged 129.5%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 33.6%. IV traded above realized volatility by 72.0% (HV 20d: 57.4%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.53.

Notable Days

  • 2020-12-07: Highest Volume — 240 contracts
  • 2020-12-09: Largest IV drop — 37.3% change
  • 2020-12-08: Highest IV Rank — 80.1%
  • 2020-12-29: Largest Expected Move — 46.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.62$0.57$0.66$0.66$0.65
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV129.5%97.7%177.4%120.6%131.6%
Expected Move33.6%26.1%46.1%34.6%37.7%
HV 20d57.4%44.8%65.9%60.9%64.8%
HV 60d55.5%53.5%58.8%53.5%58.8%
IV Rank48.1%26.9%80.1%42.2%49.6%
IV Percentile56.5%24.6%92.1%52.4%61.1%
Term Structure-2.7%-64.0%45.6%-46.5%-5.5%
VWIV113.3%98.3%129.3%98.3%110.2%
Bid-Ask Spread %57.5712.22105.7672.8836.66
Gamma HHI1.001.001.001.001.00
Net GEX00000
Net DEX-31.2K-36.7K-630-660-35.3K
Net VEX60707
P/C Ratio1.530.0011.000.310.25
Total Volume88.4091524016166
Total OI9,935.4559,52410,2799,52410,279

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$0.66$1.00120.6%34.6%60.9%42.2%0.0%0.0%-46.5%0-66000.3172.88N/AN/A123388,804720
2020-12-02$0.63$1.00133.7%38.3%63.0%51.0%0.0%0.0%-53.1%0-63001.68105.76N/AN/A25428,874740
2020-12-03$0.63$1.00154.3%26.1%60.5%64.7%0.0%0.0%37.9%0-35.5K74.5663.15N/AN/A361648,882726
2020-12-04$0.62$1.00146.4%26.2%45.6%59.5%0.0%0.0%45.6%0-35.0K75.00101.49N/AN/A241208,904865
2020-12-07$0.63$1.00161.3%27.4%46.2%69.4%0.0%0.0%29.1%0-35.5K70.2582.03N/AN/A192488,906742
2020-12-08$0.61$1.00177.4%27.1%44.8%80.1%98.3%0.0%37.2%0-34.4K70.0019.74N/AN/A0468,978727
2020-12-09$0.59$1.00111.2%31.9%45.0%35.9%0.0%0.0%25.2%0-33.3K70.0295.09N/AN/A5818,978751
2020-12-10$0.57$1.00110.5%31.7%46.3%35.5%0.0%0.0%-5.2%0-32.1K70.0578.12N/AN/A2219,002751
2020-12-11$0.63$1.00101.0%29.0%59.2%29.1%111.6%0.0%30.4%0-35.5K70.0849.62N/AN/A124109,021751
2020-12-14$0.65$1.0097.7%28.0%60.0%26.9%105.2%0.0%19.7%0-36.7K70.2684.90N/AN/A61169,114754
2020-12-15$0.65$1.00116.8%33.5%59.7%39.7%0.0%0.0%31.5%0-36.5K70.0012.22N/AN/A9009,156738
2020-12-16$0.64$1.00110.2%31.6%60.0%35.2%125.0%0.0%-29.6%0-36.0K60.4987.64N/AN/A41209,156738
2020-12-17$0.65$1.00113.0%32.4%60.0%37.1%0.0%0.0%0.0%0-36.5K60.0033.43N/AN/A16109,197753
2020-12-18$0.64$1.00114.0%32.7%60.0%37.8%129.3%0.0%11.9%0-36.0K60.2841.29N/AN/A97279,403753
2020-12-21$0.61$1.00116.7%33.5%62.2%39.6%0.0%0.0%-39.8%0-33.0K60.5551.78N/AN/A31179,439700
2020-12-22$0.59$1.00115.1%33.0%62.3%38.6%110.2%0.0%-15.2%0-31.9K60.1547.72N/AN/A1329,435731
2020-12-23$0.60$1.00119.8%34.3%59.8%41.7%0.0%0.0%-16.2%0-32.6K65.6751.66N/AN/A3179,443733
2020-12-24$0.60$1.00144.9%41.5%58.6%58.5%0.0%0.0%8.8%0-32.6K611.0029.06N/AN/A5559,445748
2020-12-28$0.58$1.00158.0%45.3%59.4%67.2%0.0%0.0%-0.3%0-31.5K61.2520.44N/AN/A20259,445788
2020-12-29$0.57$1.00160.8%46.1%59.2%69.0%0.0%0.0%-64.0%0-31.0K60.0042.59N/AN/A5809,456784
2020-12-30$0.63$1.00133.7%38.3%65.9%51.0%0.0%0.0%-58.8%0-34.2K70.3559.24N/AN/A34129,486784
2020-12-31$0.65$1.00131.6%37.7%64.8%49.6%0.0%0.0%-5.5%0-35.3K70.2536.66N/AN/A53139,483796