TSSI Options History — May 2025

In May 2025, TSSI traded between $6.87 and $15.64. ATM implied volatility averaged 132.2%. The 30-day expected move averaged 33.2%. IV traded below realized volatility by 34.6% (HV 20d: 166.8%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2025-05-16: Highest Volume — 29,014 contracts
  • 2025-05-14: Largest IV drop — 45.6% change
  • 2025-05-02: Largest Expected Move — 37.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.25$6.87$15.64$7.53$14.08
Max Pain$9.76$7.50$10.00$7.50$10.00
ATM IV132.2%102.2%240.6%125.7%105.2%
Expected Move33.2%29.3%37.7%36.0%30.2%
HV 20d166.8%86.3%240.3%121.3%240.3%
HV 60d137.8%110.1%169.5%110.4%165.2%
Term Structure-8.4%-59.9%1.0%-4.9%-2.1%
VWIV115.3%104.0%127.4%125.0%104.8%
Skew 25d-2.7%-15.3%24.7%-15.3%-3.3%
Skew 10d3.5%-42.4%55.3%-16.5%5.6%
Call IV 25d116.4%105.4%127.2%119.7%108.4%
Put IV 25d113.7%98.9%147.8%104.4%105.2%
Bid-Ask Spread %45.7111.9272.8060.6025.63
Gamma HHI0.280.230.340.260.28
Net GEX89.4K26.8K195.3K37.8K195.3K
Net DEX-7.2M-24.0M-411.9K-929.7K-16.4M
Net VEX-30.2K-49.8K-15.7K-18.2K-49.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.070.540.250.20
Total Volume4,018.66710429,0149496,636
Total OI26,177.33321,57532,82221,57532,822

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$7.53$7.50125.7%36.0%121.3%0.0%125.0%-15.3%-4.9%37.8K-929.7K-18.2K0.2560.60N/AN/A75819114,9806,595
2025-05-02$7.63$7.50131.4%37.7%112.0%0.0%127.4%24.7%-9.9%40.4K-1.1M-19.1K0.4863.69N/AN/A1,34064015,1556,654
2025-05-05$6.87$10.00140.9%35.4%115.3%0.0%123.5%1.8%-20.7%35.9K-411.9K-16.0K0.5465.07N/AN/A47825715,5806,432
2025-05-06$7.11$10.00140.6%35.5%112.2%0.0%119.4%10.1%-5.9%41.0K-658.8K-16.6K0.5472.80N/AN/A40021415,7876,598
2025-05-07$6.94$10.00144.8%35.7%110.3%0.0%121.7%3.4%-5.0%40.4K-429.3K-15.7K0.4671.52N/AN/A713315,9296,518
2025-05-08$7.33$10.00147.2%35.2%94.3%0.0%121.8%1.8%-6.0%48.1K-1.1M-17.0K0.0763.34N/AN/A3622715,9636,542
2025-05-09$7.30$10.00158.0%35.3%86.3%0.0%119.3%3.7%-6.5%49.9K-1.0M-16.7K0.1761.10N/AN/A2,54843016,1266,548
2025-05-12$8.17$10.00226.9%34.6%94.3%0.0%118.3%-14.1%-8.5%26.8K-4.5M-19.2K0.1070.12N/AN/A2,23723118,2356,779
2025-05-13$9.09$10.00240.6%33.7%100.2%0.0%116.7%3.2%-3.0%76.5K-5.4M-23.4K0.2761.54N/AN/A1,79648717,9646,811
2025-05-14$9.08$10.00131.0%37.5%100.3%0.0%123.2%-11.3%-15.3%82.8K-5.6M-24.2K0.0765.21N/AN/A2,18216218,5356,771
2025-05-15$8.78$10.00122.6%35.2%98.6%0.0%122.2%-9.2%-59.9%87.9K-5.2M-23.4K0.1155.05N/AN/A1,31014419,3286,869
2025-05-16$15.64$10.00111.1%31.8%224.1%0.0%114.0%-2.3%-4.1%98.0K-24.0M-32.9K0.2611.92N/AN/A23,1005,91420,2176,995
2025-05-19$13.79$10.00109.7%31.4%226.5%0.0%111.1%-5.5%-4.9%115.8K-11.6M-38.6K0.3717.35N/AN/A4,6851,72417,5895,863
2025-05-20$11.62$10.00107.9%30.9%238.1%0.0%107.9%-10.9%-4.3%89.8K-7.6M-36.9K0.4633.61N/AN/A4,5162,09619,1406,200
2025-05-21$11.21$10.00103.8%29.8%237.5%0.0%107.1%-5.7%-3.9%86.2K-7.0M-38.4K0.2033.48N/AN/A3,79976620,7427,306
2025-05-22$12.23$10.00103.6%29.7%238.6%0.0%104.9%-5.7%1.0%119.6K-10.2M-43.9K0.1234.86N/AN/A3,21038822,0377,655
2025-05-23$12.93$10.00108.1%31.0%238.6%0.0%110.8%-4.9%-5.1%147.1K-12.5M-47.7K0.1229.63N/AN/A2,60431523,0047,603
2025-05-27$12.97$10.00106.6%30.6%238.0%0.0%109.9%-4.0%-1.8%160.2K-12.8M-46.1K0.1713.63N/AN/A2,61543423,9177,578
2025-05-28$12.77$10.00107.8%30.9%238.3%0.0%108.8%-6.6%-4.6%157.0K-12.4M-47.5K0.0929.66N/AN/A1,99117124,3217,731
2025-05-29$12.19$10.00102.2%29.3%237.8%0.0%104.0%-6.5%-0.4%141.7K-10.5M-43.3K0.2320.00N/AN/A2,54758324,4857,820
2025-05-30$14.08$10.00105.2%30.2%240.3%0.0%104.8%-3.3%-2.1%195.3K-16.4M-49.8K0.2025.63N/AN/A5,5081,12824,5158,307