TRX Options History — March 2023

In March 2023, TRX traded between $0.40 and $0.51. ATM implied volatility averaged 207.5%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 47.4%. IV traded above realized volatility by 140.9% (HV 20d: 66.6%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-03-17: Highest Volume — 590 contracts
  • 2023-03-14: Largest IV drop — 66.4% change
  • 2023-03-13: Highest IV Rank — 73.6%
  • 2023-03-10: Largest Expected Move — 69.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.46$0.40$0.51$0.40$0.48
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV207.5%118.9%395.1%227.0%183.6%
Expected Move47.4%34.1%69.5%65.1%52.6%
HV 20d66.6%55.7%74.9%55.7%66.0%
HV 60d61.8%58.5%64.2%59.2%62.7%
IV Rank23.4%0.0%73.6%28.3%17.3%
IV Percentile39.7%0.0%98.0%60.7%32.9%
Term Structure-14.6%-103.5%350.9%-100.3%-57.2%
Bid-Ask Spread %49.4815.1290.2690.2615.12
Net GEX00000
Net DEX-1.0K-1.3K00-1.2K
Net VEX20202
P/C Ratio0.000.000.000.000.00
Total Volume91.4780590338
Total OI6,664.6965,6957,6255,6957,625

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$0.40$0.00227.0%65.1%55.7%28.3%0.0%0.0%-100.3%0000.0090.26N/AN/A305,67025
2023-03-02$0.42$0.00223.8%64.2%59.3%27.4%0.0%0.0%-101.7%0000.0074.49N/AN/A605,67325
2023-03-03$0.44$0.00221.3%63.4%61.9%26.8%0.0%0.0%-103.5%0000.0067.78N/AN/A605,67925
2023-03-06$0.44$1.00249.8%34.2%60.0%34.4%0.0%0.0%-51.7%0-1.1K20.0042.13N/AN/A24305,68525
2023-03-07$0.42$1.00274.3%40.2%62.1%41.0%0.0%0.0%-55.3%0-1.1K20.0043.33N/AN/A005,92825
2023-03-08$0.40$1.00303.1%39.8%63.4%48.8%0.0%0.0%-59.2%0-1.0K20.0048.66N/AN/A105,92825
2023-03-09$0.40$1.00321.5%40.2%63.4%53.7%0.0%0.0%-60.5%0-1.0K20.0028.90N/AN/A005,92925
2023-03-10$0.41$1.00335.9%69.5%64.1%57.6%0.0%0.0%-60.4%0-1.0K20.0053.64N/AN/A11605,92925
2023-03-13$0.46$1.00395.1%38.1%74.9%73.6%0.0%0.0%-57.7%0-1.1K20.0058.40N/AN/A2806,04525
2023-03-14$0.45$1.00132.7%38.1%74.9%2.9%0.0%0.0%-60.4%0-1.1K20.0051.34N/AN/A31106,07325
2023-03-15$0.47$1.00137.7%39.5%74.6%4.2%0.0%0.0%-59.2%0-1.2K20.0059.37N/AN/A21006,38425
2023-03-16$0.47$1.00139.5%40.0%69.4%4.7%0.0%0.0%0.0%0-1.2K20.0035.39N/AN/A606,59025
2023-03-17$0.48$1.00118.9%34.1%69.3%0.0%0.0%0.0%-32.7%0-1.2K20.0040.80N/AN/A59006,59625
2023-03-20$0.49$1.00150.3%43.1%67.9%8.4%0.0%0.0%-1.9%0-1.2K20.0053.63N/AN/A19407,28125
2023-03-21$0.46$1.00141.8%40.6%66.8%6.1%0.0%0.0%-39.3%0-1.1K20.0061.56N/AN/A11207,33425
2023-03-22$0.49$1.00155.2%44.5%68.8%9.7%0.0%0.0%0.0%0-1.2K20.0056.97N/AN/A1407,42625
2023-03-23$0.50$1.00166.4%47.7%68.7%12.7%0.0%0.0%-38.6%0-1.3K20.0051.67N/AN/A4707,43325
2023-03-24$0.49$1.00160.5%46.0%69.4%11.1%0.0%0.0%345.6%0-1.2K20.0056.97N/AN/A2107,46625
2023-03-27$0.49$1.00169.8%48.7%69.3%13.6%0.0%0.0%350.9%0-1.2K20.0034.01N/AN/A707,48625
2023-03-28$0.51$1.00196.8%56.4%66.8%20.8%0.0%0.0%-46.5%0-1.3K20.0041.93N/AN/A7607,49525
2023-03-29$0.50$1.00185.6%53.2%67.6%17.8%0.0%0.0%-49.7%0-1.3K20.0046.10N/AN/A2607,53225
2023-03-30$0.49$1.00180.9%51.9%67.0%16.6%0.0%0.0%32.9%0-1.2K20.0025.67N/AN/A4907,55125
2023-03-31$0.48$1.00183.6%52.6%66.0%17.3%0.0%0.0%-57.2%0-1.2K20.0015.12N/AN/A3807,60025