TRX Options History — May 2023

In May 2023, TRX traded between $0.44 and $0.59. ATM implied volatility averaged 170.3%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 47.3%. IV traded above realized volatility by 119.2% (HV 20d: 51.1%). 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 1 of 22 days. Put/call ratio averaged 0.10.

Notable Days

  • 2023-05-08: Highest Volume — 1,014 contracts
  • 2023-05-18: Largest IV spike — 141.8% change
  • 2023-05-01: Highest IV Rank — 57.0%
  • 2023-05-01: Largest Expected Move — 92.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.53$0.44$0.59$0.53$0.46
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV170.3%108.8%323.3%323.3%206.0%
Expected Move47.3%31.2%92.7%92.7%59.1%
HV 20d51.1%44.5%58.6%54.4%58.6%
HV 60d59.2%56.3%60.4%60.2%59.5%
IV Rank16.0%0.0%57.0%57.0%26.4%
IV Percentile27.2%0.0%92.1%92.1%58.3%
Term Structure-41.3%-87.2%116.3%-59.9%-87.2%
VWIV444.4%444.4%444.4%444.4%444.4%
Bid-Ask Spread %104.0658.09140.6573.88115.64
Gamma HHI1.001.001.001.001.00
Net GEX00000
Net DEX-599-86700-782
Net VEX00000
P/C Ratio0.100.001.830.000.00
Total Volume85.68201,01453101
Total OI8,138.5917,0668,6947,0668,655

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$0.53$1.00323.3%92.7%54.4%57.0%0.0%0.0%-59.9%0000.0073.88N/AN/A5307,0660
2023-05-02$0.53$1.00163.7%46.9%54.2%12.5%0.0%0.0%116.3%0000.00133.37N/AN/A107,1190
2023-05-03$0.56$1.00157.4%45.1%53.6%10.7%0.0%0.0%-62.8%0001.83131.69N/AN/A6117,1200
2023-05-04$0.57$1.00158.8%34.0%53.5%11.1%0.0%0.0%-24.4%0-62700.0098.04N/AN/A107,12811
2023-05-05$0.57$1.00164.4%68.2%52.9%12.7%0.0%0.0%-25.0%0-62700.00130.29N/AN/A3407,12911
2023-05-08$0.58$1.00202.7%36.1%50.4%23.4%0.0%0.0%-62.0%0-63800.00110.86N/AN/A1,01407,13811
2023-05-09$0.59$1.00185.7%31.7%46.9%18.6%0.0%0.0%-26.8%0-64900.00103.75N/AN/A25008,06311
2023-05-10$0.57$1.00110.1%31.6%48.7%0.0%0.0%0.0%-28.9%0-62700.00137.25N/AN/A308,31511
2023-05-11$0.55$1.00108.8%31.2%46.5%0.0%0.0%0.0%-31.2%0-60500.0083.44N/AN/A308,31811
2023-05-12$0.58$1.00114.3%32.8%50.0%1.5%0.0%0.0%-30.0%0-63800.06102.11N/AN/A201128,31511
2023-05-15$0.56$1.00116.9%33.5%44.5%2.2%0.0%0.0%-34.6%0-61600.0061.68N/AN/A608,50023
2023-05-16$0.55$1.00117.0%33.6%44.5%2.2%0.0%0.0%-36.7%0-60500.0058.09N/AN/A4508,50023
2023-05-17$0.55$1.00118.9%34.1%44.5%2.8%0.0%0.0%-38.0%0-60500.0095.58N/AN/A008,54523
2023-05-18$0.51$1.00287.6%82.5%51.7%48.5%444.4%0.0%-43.1%0-56100.0063.92N/AN/A068,54523
2023-05-19$0.51$1.00162.8%46.7%50.0%14.7%0.0%0.0%-44.7%0-86700.0097.88N/AN/A1308,66529
2023-05-22$0.48$1.00168.6%48.3%53.7%16.2%0.0%0.0%-53.8%0-81600.00102.23N/AN/A2008,54229
2023-05-23$0.48$1.00172.1%49.3%51.4%17.2%0.0%0.0%-56.2%0-81600.00140.65N/AN/A9508,56229
2023-05-24$0.47$1.00160.9%46.1%51.6%14.1%0.0%0.0%-59.9%0-79900.00137.66N/AN/A108,61229
2023-05-25$0.45$1.00172.2%49.4%53.0%17.2%0.0%0.0%-65.5%0-76500.0094.49N/AN/A008,61329
2023-05-26$0.46$1.00180.3%51.7%54.1%19.4%0.0%0.0%-67.1%0-78200.00100.90N/AN/A108,61329
2023-05-30$0.44$1.00194.5%55.7%55.5%23.3%0.0%0.0%-86.2%0-74800.00115.91N/AN/A808,61429
2023-05-31$0.46$1.00206.0%59.1%58.6%26.4%0.0%0.0%-87.2%0-78200.00115.64N/AN/A10108,62629