TRX Options History — September 2023

In September 2023, TRX traded between $0.36 and $0.40. ATM implied volatility averaged 218.5%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 52.2%. IV traded above realized volatility by 178.6% (HV 20d: 39.8%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.12.

Notable Days

  • 2023-09-27: Highest Volume — 164 contracts
  • 2023-09-25: Largest IV spike — 79.3% change
  • 2023-09-08: Highest IV Rank — 68.0%
  • 2023-09-25: Largest Expected Move — 90.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.39$0.36$0.40$0.39$0.37
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV218.5%147.0%359.2%248.0%212.3%
Expected Move52.2%40.0%90.1%71.1%60.9%
HV 20d39.8%27.1%60.7%60.7%33.0%
HV 60d47.7%45.1%48.8%47.9%46.3%
IV Rank29.8%10.4%68.0%37.8%28.1%
IV Percentile53.6%10.3%96.8%76.6%64.7%
Term Structure-33.0%-115.8%168.8%-115.8%-22.8%
Bid-Ask Spread %66.2021.50125.80125.8096.39
Net GEX00000
Net DEX-840-1.1K00-814
Net VEX40404
P/C Ratio0.120.001.331.330.00
Total Volume27.15016404
Total OI6,301.26,1436,7136,1546,713

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$0.39$1.00248.0%71.1%60.7%37.8%0.0%0.0%-115.8%0000.00125.80N/AN/A006,10549
2023-09-05$0.38$1.00300.5%40.5%60.7%52.0%0.0%0.0%-60.6%0-1.1K41.3394.51N/AN/A346,10538
2023-09-06$0.39$1.00309.4%40.0%60.7%54.5%0.0%0.0%-60.5%0-1.1K40.0098.08N/AN/A006,10740
2023-09-07$0.39$1.00328.2%40.5%60.0%59.5%0.0%0.0%-61.8%0-1.1K40.0069.73N/AN/A0356,10740
2023-09-08$0.38$1.00359.2%42.0%57.6%68.0%0.0%0.0%-64.8%0-83640.0069.99N/AN/A2006,10769
2023-09-11$0.39$1.00171.1%49.1%57.6%16.9%0.0%0.0%-67.6%0-85840.0043.07N/AN/A3506,12769
2023-09-12$0.39$1.00147.0%42.1%35.1%10.4%0.0%0.0%-69.3%0-85840.0044.27N/AN/A006,15269
2023-09-13$0.39$1.00152.3%43.7%34.4%11.8%0.0%0.0%-71.0%0-85840.0053.26N/AN/A006,15269
2023-09-14$0.40$1.00153.1%43.9%34.6%12.0%0.0%0.0%0.0%0-88040.0047.18N/AN/A006,15269
2023-09-15$0.40$1.00155.2%44.5%33.8%12.6%0.0%0.0%41.9%0-88040.0048.30N/AN/A6606,15269
2023-09-18$0.39$1.00159.8%45.8%30.4%13.9%0.0%0.0%-44.5%0-85840.0045.94N/AN/A106,21769
2023-09-19$0.39$1.00166.6%47.7%30.4%15.7%0.0%0.0%38.3%0-85840.0060.75N/AN/A1006,21869
2023-09-20$0.39$1.00165.0%47.3%30.4%15.3%0.0%0.0%168.8%0-85840.0058.40N/AN/A4606,22869
2023-09-21$0.39$1.00226.8%65.0%28.8%32.0%0.0%0.0%-49.7%0-85840.0055.02N/AN/A006,27469
2023-09-22$0.39$1.00175.2%50.2%27.1%18.0%0.0%0.0%-9.0%0-85840.0063.75N/AN/A7406,27469
2023-09-25$0.38$1.00314.1%90.1%27.3%55.7%0.0%0.0%-14.9%0-83640.0052.49N/AN/A006,36769
2023-09-26$0.38$1.00193.8%55.6%27.3%23.1%0.0%0.0%-62.5%0-83640.0021.50N/AN/A006,36769
2023-09-27$0.36$1.00207.7%59.6%32.5%26.9%0.0%0.0%-68.6%0-79240.0099.68N/AN/A16406,36769
2023-09-28$0.37$1.00223.9%64.2%33.9%31.2%0.0%0.0%-22.8%0-81440.0075.92N/AN/A8106,53169
2023-09-29$0.37$1.00212.3%60.9%33.0%28.1%0.0%0.0%0.0%0-81440.0096.39N/AN/A406,64469