TRX Options History — March 2025

In March 2025, TRX traded between $0.29 and $0.33. ATM implied volatility averaged 321.0%, placing in the 61.2% IV rank vs the trailing year. The 30-day expected move averaged 77.0%. IV traded above realized volatility by 265.9% (HV 20d: 55.1%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 16.51.

Notable Days

  • 2025-03-14: Highest Volume — 67 contracts
  • 2025-03-07: Largest IV spike — 1859.3% change
  • 2025-03-31: Highest IV Rank — 98.6%
  • 2025-03-10: Largest Expected Move — 129.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.31$0.29$0.33$0.29$0.31
Max Pain$3.00$2.50$7.50$2.50$7.50
ATM IV321.0%15.0%491.6%235.0%491.6%
Expected Move77.0%4.3%129.7%117.1%84.4%
HV 20d55.1%38.2%64.5%40.4%57.5%
HV 60d49.1%43.9%52.9%43.9%48.4%
IV Rank61.2%0.0%98.6%26.8%98.6%
IV Percentile68.0%0.0%99.2%36.5%99.2%
Term Structure-120.1%-139.6%-101.3%-101.3%-139.6%
VWIV283.4%15.0%452.3%15.0%357.7%
Bid-Ask Spread %85.3053.20110.0683.0284.13
Net GEX00000
Net DEX-1.1K-2.1K0-1.2K-62
Net VEX00100
P/C Ratio16.510.5062.002.505.67
Total Volume21.2860671412
Total OI1,508.4761,4411,5821,5181,549

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$0.29$2.50235.0%0.0%40.4%26.8%0.0%0.0%0.0%0-1.2K02.5083.02N/AN/A4101,368150
2025-03-04$0.29$2.50235.6%0.0%38.2%27.0%0.0%0.0%0.0%0-1.8K02.0087.06N/AN/A121,372122
2025-03-05$0.31$2.50408.4%117.1%44.5%75.0%0.0%0.0%-101.3%0-1.9K00.0082.60N/AN/A001,373122
2025-03-06$0.30$2.5015.0%4.3%44.8%0.0%15.0%0.0%-105.5%0-1.9K00.5081.87N/AN/A631,373122
2025-03-07$0.31$2.50293.9%84.3%46.7%57.7%0.0%0.0%-106.0%0-2.0K00.0053.20N/AN/A011,379124
2025-03-10$0.29$2.50452.3%129.7%51.1%90.5%452.3%0.0%-117.8%0-1.8K00.0053.80N/AN/A051,37962
2025-03-11$0.30$2.50292.9%0.0%52.9%57.5%0.0%0.0%-118.5%0-1.9K00.5353.99N/AN/A1581,37962
2025-03-12$0.30$2.50296.9%0.0%52.9%58.3%0.0%0.0%-121.5%0-1.9K00.0082.75N/AN/A011,39469
2025-03-13$0.33$2.50303.1%0.0%63.4%59.6%0.0%0.0%-118.2%0-2.1K00.0083.09N/AN/A0261,39470
2025-03-14$0.32$2.50306.7%0.0%64.5%60.3%0.0%0.0%-123.4%0-2.1K00.0085.63N/AN/A0671,39495
2025-03-17$0.32$2.50320.8%59.5%63.4%63.3%280.5%0.0%-134.0%0-1.6K10.0089.53N/AN/A0171,394162
2025-03-18$0.33$2.50326.8%47.8%63.3%64.5%200.6%0.0%-135.5%0-2.0K137.0086.51N/AN/A1371,394171
2025-03-19$0.33$2.50272.7%47.9%63.3%53.3%0.0%0.0%-139.6%0-1.5K10.0088.11N/AN/A0371,395147
2025-03-20$0.33$0.00194.3%55.7%62.3%37.1%0.0%0.0%0.0%0000.0094.59N/AN/A031,395184
2025-03-21$0.32$0.00343.3%0.0%59.1%67.9%324.4%0.0%0.0%00033.00110.06N/AN/A1331,395187
2025-03-24$0.32$5.00422.6%0.0%59.1%84.3%346.6%0.0%0.0%0-16005.40106.56N/AN/A10541,348100
2025-03-25$0.32$0.00257.9%129.5%57.7%50.3%289.9%0.0%0.0%00062.00106.72N/AN/A1621,358125
2025-03-26$0.32$0.00440.8%107.6%57.7%88.1%0.0%0.0%0.0%0000.00102.30N/AN/A041,359160
2025-03-27$0.32$0.00368.3%72.9%57.7%73.1%0.0%0.0%0.0%0000.0085.09N/AN/A061,359164
2025-03-28$0.32$0.00461.7%61.1%56.0%92.4%357.7%0.0%0.0%0005.6790.77N/AN/A3171,359170
2025-03-31$0.31$7.50491.6%84.4%57.5%98.6%0.0%0.0%0.0%0-6200.0084.13N/AN/A0121,362187