TRX Options History — January 2021

In January 2021, TRX traded between $0.61 and $0.78. ATM implied volatility averaged 132.7%, placing in the 48.4% IV rank vs the trailing year. The 30-day expected move averaged 34.3%. IV traded above realized volatility by 69.8% (HV 20d: 62.9%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.51.

Notable Days

  • 2021-01-29: Highest Volume — 29,662 contracts
  • 2021-01-29: Largest IV spike — 172.7% change
  • 2021-01-29: Highest IV Rank — 100.0%
  • 2021-01-29: Largest Expected Move — 74.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.66$0.61$0.78$0.68$0.78
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV132.7%95.6%260.8%159.9%260.8%
Expected Move34.3%27.4%74.8%30.2%74.8%
HV 20d62.9%57.7%69.3%66.6%67.2%
HV 60d58.7%56.9%64.2%59.4%64.2%
IV Rank48.4%25.5%100.0%68.4%100.0%
IV Percentile55.1%21.4%100.0%82.5%100.0%
Term Structure30.5%-55.2%150.6%16.1%150.6%
VWIV141.7%101.0%184.5%101.0%184.5%
Bid-Ask Spread %83.4934.20154.63122.0050.19
Gamma HHI0.990.951.001.000.95
Net GEX2705120512
Net DEX-1.2K-9.1K24.2K-6824.2K
Net VEX4072072
P/C Ratio0.510.032.430.230.08
Total Volume2,047.4212429,66215629,662
Total OI8,698.6844,59611,15510,3208,548

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$0.68$1.00159.9%30.2%66.6%68.4%101.0%0.0%16.1%0-6800.23122.00N/AN/A127299,536784
2021-01-05$0.66$1.00157.3%32.5%67.3%66.7%152.3%0.0%-5.4%0-1.1K00.6792.30N/AN/A83569,639801
2021-01-06$0.65$1.00169.9%28.5%67.5%75.1%121.6%0.0%44.9%0-39001.49118.08N/AN/A35529,662836
2021-01-07$0.65$1.00180.2%28.8%66.3%82.0%144.3%0.0%44.6%0-26002.4364.81N/AN/A7179,693804
2021-01-08$0.61$1.00105.9%30.4%69.3%32.4%125.3%0.0%-8.6%0-24400.0661.95N/AN/A3129,702818
2021-01-11$0.63$1.00111.2%31.9%68.7%36.0%0.0%0.0%46.6%0-18900.6534.20N/AN/A2461619,738818
2021-01-12$0.62$1.00112.0%32.1%59.1%36.5%0.0%0.0%44.8%0-18600.1093.34N/AN/A8189,954969
2021-01-13$0.64$1.0099.2%28.4%59.1%27.9%0.0%0.0%47.5%0-19200.14108.48N/AN/A121179,978941
2021-01-14$0.64$1.00117.3%33.6%59.1%40.0%119.8%0.0%-55.2%0-19200.0893.21N/AN/A3793010,033926
2021-01-15$0.63$1.00117.4%33.7%59.1%40.1%0.0%0.0%-23.0%0-25201.6761.72N/AN/A29148610,204951
2021-01-19$0.62$1.00106.2%30.4%59.0%32.6%0.0%0.0%-27.1%0-24800.1081.92N/AN/A411434,160436
2021-01-20$0.62$1.00100.0%28.7%58.8%28.5%0.0%0.0%-0.8%0-24800.46112.11N/AN/A3731724,462437
2021-01-21$0.65$1.00120.5%34.5%58.6%42.1%146.3%0.0%66.6%0-9.1K00.2151.67N/AN/A6931464,683565
2021-01-22$0.67$1.00133.5%38.3%57.7%50.8%175.3%0.0%-1.3%0-9.0K00.4173.20N/AN/A2761125,395603
2021-01-25$0.71$1.00108.8%31.2%60.4%34.4%0.0%0.0%68.4%0-6.0K10.03104.32N/AN/A1,816475,638504
2021-01-26$0.70$1.00117.7%33.7%60.9%40.3%143.8%0.0%76.1%0-6.0K10.3137.17N/AN/A9352876,757532
2021-01-27$0.66$1.00148.0%42.4%63.7%60.5%144.1%0.0%37.9%0-6.9K10.3370.94N/AN/A3671217,240642
2021-01-28$0.70$1.0095.6%27.4%65.7%25.5%0.0%0.0%57.1%0-7.3K10.32154.63N/AN/A8972847,202684
2021-01-29$0.78$1.00260.8%74.8%67.2%100.0%184.5%0.0%150.6%51224.2K720.0850.19N/AN/A27,3962,2667,787761