TSSI Options History — November 2025

In November 2025, TSSI traded between $7.62 and $19.40. ATM implied volatility averaged 128.0%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 36.2%. IV traded below realized volatility by 25.4% (HV 20d: 153.5%). Max pain ranged from $10.00 to $17.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.23.

Notable Days

  • 2025-11-14: Highest Volume — 14,363 contracts
  • 2025-11-26: Largest IV drop — 17.7% change
  • 2025-11-05: Highest IV Rank — 42.0%
  • 2025-11-05: Largest Expected Move — 49.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.43$7.62$19.40$19.40$9.74
Max Pain$13.74$10.00$17.00$17.00$10.00
ATM IV128.0%94.9%153.5%146.6%100.4%
Expected Move36.2%24.6%49.8%49.1%24.6%
HV 20d153.5%81.1%220.8%90.9%220.8%
HV 60d116.3%84.3%145.3%85.2%145.3%
IV Rank25.0%2.9%42.0%37.4%6.6%
IV Percentile58.0%1.8%96.0%92.0%4.6%
Term Structure0.6%-34.8%40.8%-5.4%7.2%
VWIV130.4%97.9%170.7%166.2%97.9%
Skew 25d-3.7%-25.2%19.4%-3.3%19.4%
Skew 10d-10.0%-26.5%16.9%-7.5%16.9%
Call IV 25d132.7%91.1%164.3%143.5%91.1%
Put IV 25d129.0%108.7%164.9%140.2%110.5%
Bid-Ask Spread %45.9127.2462.5062.4950.57
Gamma HHI0.120.090.180.090.16
Net GEX227.8K49.7K624.4K624.4K216.2K
Net DEX-13.7M-49.5M7.6M-49.5M-7.2M
Net VEX-87.7K-169.4K-30.9K-169.4K-52.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.090.500.180.18
Total Volume3,485.7371,28314,3634,2301,739
Total OI69,695.10556,39375,68171,41864,735

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$19.40$17.00146.6%49.1%90.9%37.4%166.2%-3.3%-5.4%624.4K-49.5M-169.4K0.1862.49N/AN/A3,57265855,15816,260
2025-11-04$18.29$17.00148.3%49.0%89.1%38.5%161.5%-6.2%-3.6%531.8K-37.9M-156.8K0.2060.64N/AN/A1,25725456,04516,648
2025-11-05$17.77$17.00153.5%49.8%88.4%42.0%170.7%-1.3%0.7%465.3K-35.2M-153.3K0.1962.50N/AN/A1,83934156,01616,798
2025-11-06$16.48$15.00146.4%39.0%91.7%37.3%141.0%3.9%5.2%274.0K-25.4M-141.1K0.2735.82N/AN/A2,46567656,21017,056
2025-11-07$16.45$15.00147.6%39.6%82.1%38.1%133.1%-21.4%-7.3%159.4K-24.0M-138.2K0.2238.35N/AN/A1,47131956,94717,475
2025-11-10$17.03$15.00140.6%39.2%81.1%33.4%141.3%-5.7%-6.9%405.2K-29.8M-141.3K0.3652.50N/AN/A1,35448753,53615,563
2025-11-11$16.23$15.00144.3%37.9%82.3%35.9%140.1%-4.5%-9.6%353.3K-24.4M-132.6K0.2748.38N/AN/A1,00927454,22815,949
2025-11-12$16.05$15.00137.9%39.0%82.3%31.6%139.3%-21.9%0.0%342.4K-23.5M-129.5K0.1648.11N/AN/A1,74628154,57716,129
2025-11-13$15.29$15.00141.6%39.8%81.4%34.1%141.6%-25.2%10.4%302.2K-18.7M-121.1K0.1338.67N/AN/A5,29570455,38616,311
2025-11-14$8.64$15.00122.9%34.6%216.5%21.6%120.8%-20.1%12.1%58.8K7.6M-37.0K0.5027.24N/AN/A9,5974,76659,38116,300
2025-11-17$8.05$12.50127.8%37.5%215.4%24.9%122.9%6.6%-34.8%58.1K4.4M-37.0K0.2247.12N/AN/A3,94486457,51814,355
2025-11-18$8.04$12.50114.5%32.4%214.3%16.0%124.9%-8.1%8.3%63.3K2.7M-35.7K0.1728.14N/AN/A1,88832058,90512,034
2025-11-19$7.62$12.50114.6%32.9%214.2%16.1%116.7%-0.1%11.0%50.9K3.3M-30.9K0.4133.87N/AN/A1,70970159,80412,106
2025-11-20$7.77$12.50104.9%29.6%213.2%9.6%109.2%17.2%40.8%68.3K2.2M-34.4K0.2638.09N/AN/A2,93276760,60712,234
2025-11-21$7.81$12.50116.4%33.0%209.9%17.3%119.3%-6.0%-3.4%49.7K2.3M-34.0K0.3142.69N/AN/A1,35941762,03011,576
2025-11-24$7.99$12.50114.4%28.1%210.6%16.0%114.9%1.1%-11.0%61.6K-950.6K-38.3K0.1255.19N/AN/A3,38740848,4817,912
2025-11-25$8.22$10.00115.3%26.8%212.0%16.5%108.6%-9.3%-7.6%87.9K-1.9M-39.6K0.1351.53N/AN/A1,36117650,7758,729
2025-11-26$9.36$10.0094.9%26.2%220.1%2.9%107.1%14.5%5.9%155.7K-4.1M-44.7K0.0950.33N/AN/A5,41347951,6088,825
2025-11-28$9.74$10.00100.4%24.6%220.8%6.6%97.9%19.4%7.2%216.2K-7.2M-52.1K0.1850.57N/AN/A1,47726255,6059,130