TRX Options History — April 2025

In April 2025, TRX traded between $0.27 and $0.35. ATM implied volatility averaged 370.1%, placing in the 73.4% IV rank vs the trailing year. The 30-day expected move averaged 94.8%. IV traded above realized volatility by 304.7% (HV 20d: 65.4%). 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 0.29.

Notable Days

2025-04-07: Highest Volume — 209 contracts
2025-04-07: Largest IV spike — 84.8% change
2025-04-29: Highest IV Rank — 100.0%
2025-04-29: Largest Expected Move — 143.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$0.31	$0.27	$0.35	$0.30	$0.31
Max Pain	$4.52	$2.50	$7.50	$7.50	$2.50
ATM IV	370.1%	243.2%	499.8%	393.8%	251.2%
Expected Move	94.8%	66.4%	143.3%	67.5%	143.3%
HV 20d	65.4%	42.5%	76.6%	58.9%	75.7%
HV 60d	55.0%	48.8%	59.7%	48.8%	58.9%
IV Rank	73.4%	47.2%	100.0%	78.3%	48.7%
IV Percentile	77.6%	34.5%	100.0%	92.5%	34.5%
Term Structure	-99.9%	-114.2%	-82.4%	-82.4%	-114.2%
VWIV	360.5%	360.5%	360.5%	360.5%	360.5%
Bid-Ask Spread %	71.86	53.44	121.61	82.79	55.86
Net GEX	0	0	0	0	0
Net DEX	-89	-105	-60	-60	-93
Net VEX	0	0	0	0	0
P/C Ratio	0.29	0.00	3.00	3.00	0.00
Total Volume	18.619	0	209	5	0
Total OI	1,724.095	1,561	1,933	1,561	1,724

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	DEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-04-01	$0.30	$7.50	393.8%	67.5%	58.9%	78.3%	0.0%	0.0%	0.0%	-60	0.00	82.79	N/A	N/A	0	5	1,362	199
2025-04-02	$0.31	$7.50	420.8%	68.9%	55.0%	83.9%	0.0%	0.0%	-82.4%	-62	0.00	85.67	N/A	N/A	0	0	1,362	204
2025-04-03	$0.31	$7.50	435.2%	66.4%	53.6%	86.9%	360.5%	0.0%	-84.4%	-62	3.00	87.62	N/A	N/A	1	3	1,362	206
2025-04-04	$0.29	$7.50	243.2%	69.7%	57.5%	47.2%	0.0%	0.0%	-89.6%	-87	0.00	111.51	N/A	N/A	0	0	1,363	209
2025-04-07	$0.28	$7.50	449.3%	73.7%	53.8%	89.8%	0.0%	0.0%	-98.4%	-84	0.00	121.61	N/A	N/A	209	0	1,363	209
2025-04-08	$0.27	$7.50	440.4%	76.2%	53.4%	88.0%	0.0%	0.0%	-103.0%	-81	0.00	87.65	N/A	N/A	1	0	1,572	209
2025-04-09	$0.28	$7.50	290.8%	83.4%	55.4%	57.0%	0.0%	0.0%	-103.7%	-84	1.00	86.24	N/A	N/A	1	1	1,573	209
2025-04-10	$0.27	$5.00	293.2%	84.1%	42.5%	57.6%	0.0%	0.0%	-108.7%	-81	0.00	89.35	N/A	N/A	20	0	1,574	210
2025-04-11	$0.30	$5.00	301.0%	86.3%	58.3%	59.2%	0.0%	0.0%	-105.5%	-90	0.00	56.23	N/A	N/A	51	0	1,594	177
2025-04-14	$0.31	$5.00	361.7%	103.7%	59.6%	71.7%	0.0%	0.0%	0.0%	-93	0.02	53.44	N/A	N/A	47	1	1,635	177
2025-04-15	$0.35	$2.50	291.5%	83.6%	73.3%	57.2%	0.0%	0.0%	-108.9%	-105	0.00	66.52	N/A	N/A	0	0	1,755	178
2025-04-16	$0.34	$2.50	327.5%	93.9%	74.1%	64.6%	0.0%	0.0%	-114.2%	-102	0.00	59.26	N/A	N/A	10	0	1,755	178
2025-04-17	$0.33	$2.50	332.3%	95.3%	75.0%	65.6%	0.0%	0.0%	0.0%	-99	0.00	56.59	N/A	N/A	2	0	1,760	152
2025-04-21	$0.33	$2.50	265.4%	76.1%	74.1%	51.8%	0.0%	0.0%	0.0%	-99	0.00	61.11	N/A	N/A	13	0	1,581	110
2025-04-22	$0.33	$2.50	429.5%	123.1%	74.1%	85.7%	0.0%	0.0%	0.0%	-99	0.00	60.33	N/A	N/A	8	0	1,590	110
2025-04-23	$0.32	$2.50	431.4%	123.7%	75.0%	86.1%	0.0%	0.0%	0.0%	-96	0.00	55.54	N/A	N/A	2	0	1,596	110
2025-04-24	$0.33	$2.50	370.0%	106.1%	75.8%	73.4%	0.0%	0.0%	0.0%	-99	0.00	55.11	N/A	N/A	0	0	1,598	110
2025-04-25	$0.33	$2.50	458.2%	131.4%	75.8%	91.7%	0.0%	0.0%	0.0%	-99	0.00	62.60	N/A	N/A	0	0	1,598	110
2025-04-28	$0.32	$2.50	486.0%	139.3%	76.6%	97.4%	0.0%	0.0%	0.0%	-96	0.00	55.88	N/A	N/A	6	0	1,598	110
2025-04-29	$0.32	$2.50	499.8%	143.3%	75.7%	100.0%	0.0%	0.0%	0.0%	-96	0.00	58.19	N/A	N/A	10	0	1,604	110
2025-04-30	$0.31	$2.50	251.2%	0.0%	75.7%	48.7%	0.0%	0.0%	0.0%	-93	0.00	55.86	N/A	N/A	0	0	1,614	110