TSSI Options History — August 2025

In August 2025, TSSI traded between $13.86 and $29.48. ATM implied volatility averaged 127.0%, placing in the 24.3% IV rank vs the trailing year. The 30-day expected move averaged 33.7%. IV traded below realized volatility by 1.0% (HV 20d: 128.0%). Max pain ranged from $15.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.32.

Notable Days

2025-08-07: Highest Volume — 16,967 contracts
2025-08-07: Largest IV drop — 43.4% change
2025-08-06: Highest IV Rank — 74.0%
2025-08-01: Largest Expected Move — 49.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.88	$13.86	$29.48	$26.96	$13.86
Max Pain	$17.86	$15.00	$25.00	$25.00	$17.50
ATM IV	127.0%	100.4%	201.5%	171.3%	100.4%
Expected Move	33.7%	28.8%	49.1%	49.1%	28.8%
HV 20d	128.0%	105.0%	141.8%	110.0%	119.5%
HV 60d	142.2%	119.7%	176.4%	165.6%	119.7%
IV Rank	24.3%	6.6%	74.0%	53.9%	6.6%
IV Percentile	42.5%	3.9%	98.6%	98.5%	3.9%
Term Structure	-5.0%	-41.0%	3.9%	-41.0%	0.6%
VWIV	119.0%	102.7%	174.6%	174.6%	102.7%
Skew 25d	-4.8%	-11.0%	-0.1%	-0.1%	-11.0%
Skew 10d	-10.0%	-17.2%	-0.8%	-14.4%	-17.2%
Call IV 25d	121.2%	105.8%	172.9%	172.9%	105.8%
Put IV 25d	116.4%	94.8%	172.8%	172.8%	94.8%
Bid-Ask Spread %	31.16	18.70	40.80	25.03	32.03
Gamma HHI	0.18	0.14	0.25	0.25	0.15
Net GEX	291.0K	181.8K	619.7K	537.3K	193.4K
Net DEX	-26.0M	-75.5M	-9.2M	-60.2M	-9.2M
Net VEX	-144.7K	-192.7K	-118.5K	-186.2K	-118.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.32	0.16	0.58	0.20	0.23
Total Volume	6,398.095	2,080	16,967	4,920	9,396
Total OI	60,366.762	53,160	69,381	53,160	64,776

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-08-01	$26.96	$25.00	171.3%	49.1%	110.0%	53.9%	174.6%	-0.1%	-41.0%	537.3K	-60.2M	-186.2K	0.20	25.03	N/A	N/A	4,104	816	41,348	11,812
2025-08-04	$29.48	$15.00	192.2%	38.8%	112.4%	67.8%	134.4%	-2.2%	-11.5%	619.7K	-75.5M	-192.7K	0.37	39.81	N/A	N/A	3,047	1,116	42,310	12,065
2025-08-05	$29.02	$15.00	200.2%	39.4%	107.2%	73.1%	137.3%	-3.4%	-13.0%	600.5K	-73.4M	-192.6K	0.21	31.55	N/A	N/A	2,916	627	42,726	12,521
2025-08-06	$28.52	$17.50	201.5%	40.2%	105.0%	74.0%	139.6%	-1.2%	-16.1%	600.4K	-71.1M	-191.6K	0.27	40.80	N/A	N/A	9,034	2,439	43,460	12,847
2025-08-07	$21.66	$17.50	114.1%	32.6%	141.8%	15.7%	114.9%	-4.5%	1.6%	293.0K	-27.7M	-151.8K	0.35	20.32	N/A	N/A	12,531	4,436	45,498	14,157
2025-08-08	$19.88	$17.50	106.5%	32.2%	140.4%	10.7%	112.3%	-2.3%	2.3%	213.5K	-18.9M	-138.0K	0.29	22.12	N/A	N/A	6,961	1,988	44,988	14,436
2025-08-11	$18.99	$20.00	126.2%	32.8%	140.8%	23.8%	116.4%	-3.4%	1.1%	202.7K	-17.5M	-137.5K	0.25	36.48	N/A	N/A	3,212	817	47,097	15,007
2025-08-12	$18.32	$20.00	120.8%	31.9%	141.2%	20.2%	113.0%	-4.0%	3.9%	192.1K	-15.0M	-129.7K	0.38	29.26	N/A	N/A	5,674	2,152	47,511	14,566
2025-08-13	$18.00	$17.50	113.3%	32.5%	138.6%	15.2%	113.5%	-6.5%	2.9%	185.0K	-15.6M	-136.8K	0.56	24.94	N/A	N/A	5,079	2,862	50,113	15,168
2025-08-14	$17.64	$17.50	114.2%	32.7%	138.7%	15.8%	114.5%	-8.3%	-4.5%	237.4K	-16.6M	-145.2K	0.21	31.19	N/A	N/A	10,326	2,214	53,161	15,663
2025-08-15	$16.62	$17.50	111.7%	32.0%	136.3%	14.1%	113.5%	-5.1%	-2.0%	235.3K	-13.9M	-137.0K	0.47	36.92	N/A	N/A	4,441	2,099	54,125	15,256
2025-08-18	$15.13	$17.50	111.4%	31.9%	133.9%	14.0%	113.7%	-6.0%	-3.8%	190.8K	-11.6M	-121.0K	0.54	19.05	N/A	N/A	4,299	2,325	40,040	13,526
2025-08-19	$14.72	$17.50	111.1%	31.9%	132.9%	13.8%	113.2%	-5.2%	-3.0%	181.8K	-10.5M	-118.9K	0.32	29.89	N/A	N/A	3,210	1,030	40,655	13,991
2025-08-20	$15.46	$17.50	112.6%	32.3%	135.0%	14.7%	113.3%	-5.3%	-3.2%	204.9K	-13.9M	-128.2K	0.37	33.05	N/A	N/A	3,723	1,382	41,631	14,433
2025-08-21	$15.11	$17.50	108.9%	31.2%	132.5%	12.3%	111.9%	-5.6%	1.5%	211.3K	-14.0M	-131.4K	0.26	18.70	N/A	N/A	1,887	483	44,042	15,149
2025-08-22	$15.32	$17.50	106.7%	30.6%	128.0%	10.8%	110.0%	-9.5%	-0.4%	232.2K	-15.4M	-134.8K	0.35	35.68	N/A	N/A	3,176	1,109	45,192	15,487
2025-08-25	$14.91	$17.50	110.9%	31.8%	127.7%	13.6%	113.7%	-5.7%	-5.1%	224.0K	-14.1M	-130.8K	0.58	38.72	N/A	N/A	1,314	766	46,123	15,803
2025-08-26	$15.92	$17.50	114.8%	32.9%	125.3%	16.2%	114.3%	-0.6%	-7.5%	248.9K	-18.0M	-140.4K	0.19	37.97	N/A	N/A	3,624	691	46,201	16,361
2025-08-27	$15.56	$17.50	112.1%	32.1%	123.8%	14.4%	113.5%	-4.2%	-7.0%	247.1K	-16.8M	-138.5K	0.16	36.26	N/A	N/A	3,123	486	47,329	16,361
2025-08-28	$15.48	$17.50	105.6%	30.3%	116.1%	10.1%	109.4%	-5.8%	-1.7%	259.5K	-17.0M	-138.1K	0.19	34.63	N/A	N/A	2,888	557	48,258	16,509
2025-08-29	$13.86	$17.50	100.4%	28.8%	119.5%	6.6%	102.7%	-11.0%	0.6%	193.4K	-9.2M	-118.5K	0.23	32.03	N/A	N/A	7,618	1,778	48,269	16,507