TSSI Options History — March 2025

In March 2025, TSSI traded between $7.64 and $10.06. ATM implied volatility averaged 134.3%. The 30-day expected move averaged 37.3%. IV traded above realized volatility by 15.6% (HV 20d: 118.7%). Max pain ranged from $7.50 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2025-03-28: Highest Volume — 4,811 contracts
  • 2025-03-28: Largest IV drop — 26.3% change
  • 2025-03-11: Largest Expected Move — 43.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.16$7.64$10.06$9.11$7.64
Max Pain$11.13$7.50$15.00$12.50$7.50
ATM IV134.3%106.2%148.2%126.8%106.9%
Expected Move37.3%33.3%43.1%36.3%33.6%
HV 20d118.7%101.3%129.2%112.2%101.3%
HV 60d124.7%123.6%126.7%126.7%123.6%
Term Structure-7.4%-16.6%10.2%3.3%10.1%
VWIV130.1%117.5%149.6%128.0%117.8%
Skew 25d-4.2%-25.3%8.4%-12.4%-25.3%
Skew 10d-9.1%-47.6%56.8%-40.6%-24.5%
Call IV 25d136.0%115.5%149.1%134.1%115.5%
Put IV 25d131.8%90.2%145.6%121.7%90.2%
Bid-Ask Spread %35.6414.7247.9831.0646.96
Gamma HHI0.220.180.290.290.21
Net GEX30.0K14.7K43.7K37.7K14.7K
Net DEX-1.5M-3.4M-97.9K-1.3M-97.9K
Net VEX-27.2K-31.6K-22.4K-28.7K-22.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.051.560.430.59
Total Volume1,524.6193174,8112,6001,408
Total OI24,961.42916,89128,48425,58922,822

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$9.11$12.50126.8%36.3%112.2%0.0%128.0%-12.4%3.3%37.7K-1.3M-28.7K0.4331.06N/AN/A1,82277819,0266,563
2025-03-04$9.85$12.50130.7%37.5%117.7%0.0%123.7%-4.1%1.9%43.7K-2.5M-31.6K0.2614.72N/AN/A2,60768118,8336,924
2025-03-05$9.70$12.50129.0%37.0%113.7%0.0%132.9%-7.0%-7.0%34.3K-2.0M-31.0K0.0744.11N/AN/A1,63111818,7247,144
2025-03-06$8.73$12.50128.5%36.8%115.5%0.0%134.8%-3.5%-9.3%23.2K-782.7K-27.2K0.6232.86N/AN/A66441318,7497,237
2025-03-07$9.48$12.50130.9%37.5%121.9%0.0%132.2%-3.9%-10.3%31.0K-1.8M-29.8K0.4633.76N/AN/A84238518,8697,272
2025-03-10$8.59$12.50147.6%42.3%124.1%0.0%147.1%-6.5%-15.0%21.0K-753.7K-26.4K0.2530.28N/AN/A1,34933319,2887,412
2025-03-11$9.22$12.50148.2%43.1%128.1%0.0%149.6%-3.5%-14.9%28.5K-1.6M-28.4K0.4227.27N/AN/A50721319,5257,533
2025-03-12$9.50$12.50139.6%39.5%129.2%0.0%136.7%-1.0%-10.8%31.0K-1.8M-28.8K0.3439.65N/AN/A58520119,6407,492
2025-03-13$9.11$12.50142.5%38.5%123.6%0.0%137.6%-0.3%-16.6%25.1K-1.1M-26.9K0.9446.38N/AN/A27325619,7097,530
2025-03-14$9.55$12.50137.0%34.0%126.1%0.0%118.3%0.6%-10.9%29.9K-1.7M-28.1K0.2245.36N/AN/A99021419,8077,529
2025-03-17$9.34$10.00138.2%36.3%118.1%0.0%126.4%0.0%-11.1%37.5K-1.4M-26.6K1.0636.30N/AN/A29531320,2917,516
2025-03-18$8.85$10.00140.3%36.5%118.5%0.0%127.4%-6.4%-13.4%20.7K-250.1K-24.1K1.3437.35N/AN/A37550420,3427,585
2025-03-19$9.10$10.00138.4%36.2%120.0%0.0%126.3%3.1%-11.8%21.3K-512.7K-25.2K0.7236.80N/AN/A18413320,3647,679
2025-03-20$8.92$0.00141.3%37.4%118.1%0.0%129.3%-6.2%-11.3%20.4K-364.4K-24.4K0.2032.04N/AN/A92118520,4207,639
2025-03-21$9.04$15.00140.3%38.2%117.8%0.0%131.3%-6.5%-6.9%25.0K-694.7K-25.1K1.5627.45N/AN/A20732220,8597,625
2025-03-24$10.01$12.50134.1%37.3%124.7%0.0%128.4%8.4%-5.2%30.1K-2.9M-27.3K0.2425.23N/AN/A1,68039611,3615,530
2025-03-25$10.06$10.00133.8%37.0%114.2%0.0%129.3%1.9%-6.0%41.9K-3.4M-29.0K0.2437.03N/AN/A65415912,6265,757
2025-03-26$9.36$7.50136.7%36.8%115.5%0.0%128.0%-0.9%-6.7%38.8K-2.6M-27.6K0.0537.02N/AN/A2,45913413,2045,884
2025-03-27$8.96$7.50144.1%37.2%115.4%0.0%128.8%1.1%-13.6%39.8K-2.2M-27.7K0.1938.76N/AN/A1,68832714,3175,965
2025-03-28$8.24$7.50106.2%33.3%117.7%0.0%117.5%-16.2%10.2%33.3K-1.0M-24.3K0.4447.98N/AN/A3,3511,46015,4386,160
2025-03-31$7.64$7.50106.9%33.6%101.3%0.0%117.8%-25.3%10.1%14.7K-97.9K-22.4K0.5946.96N/AN/A88652215,8017,021