TRX Options History — October 2025

In October 2025, TRX traded between $0.61 and $0.83. ATM implied volatility averaged 275.6%, placing in the 53.8% IV rank vs the trailing year. The 30-day expected move averaged 69.5%. IV traded above realized volatility by 168.4% (HV 20d: 107.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.05.

Notable Days

2025-10-08: Highest Volume — 7,825 contracts
2025-10-27: Largest IV spike — 82.4% change
2025-10-06: Highest IV Rank — 92.7%
2025-10-29: Largest Expected Move — 93.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$0.71	$0.61	$0.83	$0.63	$0.63
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	275.6%	172.0%	464.6%	292.3%	255.2%
Expected Move	69.5%	47.3%	93.7%	83.8%	73.2%
HV 20d	107.2%	64.5%	124.3%	71.9%	121.6%
HV 60d	75.3%	54.5%	85.2%	54.5%	85.2%
IV Rank	53.8%	32.4%	92.7%	57.2%	49.5%
IV Percentile	31.0%	1.2%	96.0%	38.1%	19.8%
Term Structure	-0.3%	-271.7%	127.7%	-76.3%	-41.3%
VWIV	308.9%	155.0%	439.0%	370.5%	222.1%
Bid-Ask Spread %	42.63	12.78	87.92	58.61	25.48
Net GEX	0	0	0	0	0
Net DEX	-486	-3.2K	0	-3.2K	-441
Net VEX	0	0	1	1	0
P/C Ratio	0.05	0.00	0.39	0.00	0.00
Total Volume	924.87	1	7,825	113	33
Total OI	7,849.522	2,071	12,165	2,080	12,165

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-10-01	$0.63	$2.50	292.3%	83.8%	71.9%	57.2%	0.0%	0.0%	-76.3%	-3.2K	1	0.00	58.61	N/A	N/A	113	0	1,985	95
2025-10-02	$0.61	$2.50	298.1%	85.5%	74.1%	58.4%	0.0%	0.0%	-84.5%	-3.0K	1	0.00	57.01	N/A	N/A	51	0	1,977	94
2025-10-03	$0.63	$2.50	312.3%	89.5%	73.8%	61.3%	0.0%	0.0%	-34.1%	-3.1K	1	0.00	57.60	N/A	N/A	1	0	2,029	94
2025-10-06	$0.63	$2.50	464.6%	57.9%	65.0%	92.7%	0.0%	0.0%	-47.9%	0	0	0.00	60.50	N/A	N/A	30	0	2,030	94
2025-10-07	$0.62	$2.50	418.7%	81.9%	64.5%	83.3%	370.5%	0.0%	-271.7%	0	0	0.02	87.92	N/A	N/A	197	3	2,041	94
2025-10-08	$0.80	$2.50	315.4%	53.6%	106.3%	62.0%	254.7%	0.0%	72.5%	0	0	0.05	13.05	N/A	N/A	7,419	406	2,241	96
2025-10-09	$0.78	$2.50	404.7%	47.3%	108.0%	80.4%	0.0%	0.0%	59.7%	0	0	0.39	12.98	N/A	N/A	720	279	8,003	481
2025-10-10	$0.81	$2.50	244.4%	70.1%	106.0%	47.3%	155.0%	0.0%	20.4%	0	0	0.00	31.02	N/A	N/A	867	0	8,419	724
2025-10-13	$0.75	$2.50	223.1%	64.0%	111.0%	42.9%	0.0%	0.0%	52.3%	0	0	0.30	44.91	N/A	N/A	547	166	8,852	724
2025-10-14	$0.83	$2.50	227.4%	65.2%	113.9%	43.8%	0.0%	0.0%	51.5%	0	0	0.03	27.81	N/A	N/A	2,682	80	8,821	548
2025-10-15	$0.82	$2.50	217.0%	62.2%	114.3%	41.7%	0.0%	0.0%	43.5%	0	0	0.00	72.93	N/A	N/A	571	0	8,950	518
2025-10-16	$0.79	$2.50	219.2%	62.9%	115.4%	42.1%	0.0%	0.0%	0.0%	0	0	0.00	73.98	N/A	N/A	824	0	9,406	518
2025-10-17	$0.72	$2.50	234.3%	67.2%	121.4%	45.2%	0.0%	0.0%	73.7%	0	0	0.00	73.57	N/A	N/A	54	0	8,990	518
2025-10-20	$0.77	$2.50	261.9%	75.1%	118.3%	50.9%	287.1%	0.0%	-40.6%	0	0	0.01	27.25	N/A	N/A	76	1	7,891	417
2025-10-21	$0.70	$2.50	185.1%	53.1%	124.3%	35.1%	0.0%	0.0%	123.4%	-70	0	0.01	70.27	N/A	N/A	681	10	7,944	418
2025-10-22	$0.69	$2.50	203.6%	58.4%	124.3%	38.9%	0.0%	0.0%	125.4%	0	0	0.00	26.41	N/A	N/A	120	0	7,810	409
2025-10-23	$0.70	$2.50	291.9%	83.7%	122.2%	57.1%	434.0%	0.0%	-48.7%	0	0	0.00	28.60	N/A	N/A	236	1	7,822	409
2025-10-24	$0.69	$2.50	172.0%	49.3%	121.6%	32.4%	0.0%	0.0%	-51.2%	0	0	0.00	33.70	N/A	N/A	4,849	0	8,033	409
2025-10-27	$0.67	$2.50	313.8%	90.0%	121.2%	61.6%	439.0%	0.0%	127.7%	0	0	0.04	29.33	N/A	N/A	132	5	11,704	409
2025-10-28	$0.68	$2.50	206.3%	59.1%	121.2%	39.4%	222.1%	0.0%	44.1%	-340	0	0.09	12.78	N/A	N/A	23	2	11,687	414
2025-10-29	$0.65	$2.50	326.7%	93.7%	122.4%	64.3%	0.0%	0.0%	-66.1%	-455	0	0.13	29.42	N/A	N/A	8	1	11,708	416
2025-10-30	$0.64	$2.50	250.7%	71.9%	122.0%	48.6%	0.0%	0.0%	-37.6%	-448	0	0.00	25.48	N/A	N/A	84	0	11,715	417
2025-10-31	$0.63	$2.50	255.2%	73.2%	121.6%	49.5%	0.0%	0.0%	-41.3%	-441	0	0.00	25.48	N/A	N/A	33	0	11,748	417