TSSI Options History — January 2026

In January 2026, TSSI traded between $7.60 and $12.11. ATM implied volatility averaged 102.5%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 30.3%. IV traded above realized volatility by 21.6% (HV 20d: 80.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.24.

Notable Days

  • 2026-01-13: Highest Volume — 9,772 contracts
  • 2026-01-06: Largest IV spike — 17.9% change
  • 2026-01-20: Highest IV Rank — 25.1%
  • 2026-01-28: Largest Expected Move — 41.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.00$7.60$12.11$7.60$10.34
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV102.5%82.2%117.7%86.6%108.9%
Expected Move30.3%24.9%41.2%24.9%33.5%
HV 20d80.9%67.9%91.0%67.9%88.7%
HV 60d141.6%138.9%143.7%138.9%140.8%
IV Rank15.9%3.5%25.1%6.2%19.8%
IV Percentile20.4%0.8%49.2%2.1%34.1%
Term Structure1.3%-25.0%31.4%20.4%7.6%
VWIV99.8%89.4%109.5%95.5%101.3%
Skew 25d3.2%-15.8%22.7%-12.5%6.5%
Skew 10d26.9%4.8%53.8%31.1%53.4%
Call IV 25d106.5%80.5%131.0%109.2%131.0%
Put IV 25d109.7%91.4%137.5%96.7%137.5%
Bid-Ask Spread %82.3154.20114.8091.8399.57
Gamma HHI0.160.100.230.140.19
Net GEX183.7K59.7K279.5K59.7K197.8K
Net DEX-13.1M-25.3M-3.2M-3.2M-14.2M
Net VEX-56.4K-78.3K-29.7K-29.7K-62.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.011.200.670.32
Total Volume2,615.555389,7721,834823
Total OI42,262.7533,59749,15634,15145,313

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$7.60$7.5086.6%24.9%67.9%6.2%95.5%-12.5%20.4%59.7K-3.2M-29.7K0.6791.83N/AN/A1,09573930,2263,925
2026-01-05$8.20$7.5082.2%26.0%72.6%3.5%89.4%-15.8%0.7%84.8K-4.1M-34.3K0.2159.21N/AN/A1,35728829,4764,121
2026-01-06$8.80$7.5096.9%29.5%72.9%12.4%93.2%-1.6%-25.0%108.0K-5.6M-36.8K0.1379.53N/AN/A1,81123430,2434,330
2026-01-07$8.20$7.5099.0%26.8%77.1%13.7%90.0%-1.1%11.4%116.5K-5.3M-35.8K0.0767.17N/AN/A9316631,4154,359
2026-01-08$8.61$7.50100.6%26.8%79.3%14.7%95.1%12.6%9.0%128.5K-6.0M-36.7K0.0457.79N/AN/A3,23711932,0834,372
2026-01-09$8.56$7.5098.5%26.8%78.3%13.5%92.9%-8.0%-11.2%182.4K-7.2M-41.5K0.2580.08N/AN/A47611734,5754,414
2026-01-12$9.20$7.5092.9%27.0%81.9%10.0%92.9%15.8%13.0%136.6K-7.9M-41.5K0.1275.02N/AN/A3,08536933,5194,351
2026-01-13$9.56$7.50107.2%28.9%75.7%18.8%102.3%22.7%-4.6%176.3K-11.5M-51.8K0.0173.24N/AN/A9,66610636,4034,636
2026-01-14$10.38$7.50103.2%30.6%75.1%16.3%106.8%-0.3%11.2%279.1K-17.6M-64.7K0.1254.20N/AN/A4,23751543,0194,692
2026-01-15$11.14$7.50110.8%29.4%77.1%21.0%101.0%17.2%-6.2%279.5K-21.9M-70.5K0.0478.25N/AN/A4,08617944,2614,895
2026-01-16$12.11$7.50100.4%28.3%74.5%14.6%97.7%-1.5%-0.0%240.9K-25.3M-76.9K0.0677.52N/AN/A5,48234243,2224,977
2026-01-20$11.13$7.50117.7%33.6%84.3%25.1%109.5%19.3%-21.2%237.4K-19.4M-78.3K0.1296.89N/AN/A1,89923240,4654,560
2026-01-21$11.64$7.50110.3%31.6%84.6%20.7%108.6%-3.7%4.5%230.5K-18.7M-72.0K0.1197.30N/AN/A4,12544840,7824,675
2026-01-22$11.18$7.50110.1%31.9%87.3%20.5%108.0%-4.5%4.4%217.6K-17.7M-70.1K0.2282.98N/AN/A1,90742740,6625,043
2026-01-23$11.12$7.50107.5%31.4%86.0%18.9%105.5%5.2%-9.3%209.8K-17.7M-71.7K0.3691.08N/AN/A70025041,3745,321
2026-01-26$10.38$7.50105.3%34.4%91.0%17.6%97.1%7.5%31.4%210.3K-14.9M-65.4K0.2587.67N/AN/A74218340,2064,353
2026-01-27$10.73$7.50105.5%32.2%88.1%17.7%98.7%4.6%3.7%192.7K-14.6M-63.1K0.0888.89N/AN/A5034140,3254,508
2026-01-28$10.52$7.50101.5%41.2%87.7%15.3%101.9%-1.9%-1.8%199.7K-14.4M-63.9K1.20114.80N/AN/A24429440,4584,548
2026-01-29$10.52$7.50105.4%30.1%87.8%17.6%107.7%4.2%-12.6%185.6K-13.8M-61.6K0.4093.11N/AN/A68427240,4434,705
2026-01-30$10.34$7.50108.9%33.5%88.7%19.8%101.3%6.5%7.6%197.8K-14.2M-62.2K0.3299.57N/AN/A62419940,6474,666