TSSI Options History — February 2026

In February 2026, TSSI traded between $7.53 and $10.17. ATM implied volatility averaged 139.2%, placing in the 38.3% IV rank vs the trailing year. The 30-day expected move averaged 41.1%. IV traded above realized volatility by 40.4% (HV 20d: 98.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.27.

Notable Days

  • 2026-02-23: Highest Volume — 7,801 contracts
  • 2026-02-04: Largest IV spike — 16.3% change
  • 2026-02-27: Highest IV Rank — 55.1%
  • 2026-02-24: Largest Expected Move — 47.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.59$7.53$10.17$10.17$10.13
Max Pain$8.89$7.50$10.00$7.50$9.00
ATM IV139.2%101.1%166.8%119.2%166.8%
Expected Move41.1%32.0%47.6%32.0%44.0%
HV 20d98.9%86.9%112.0%86.9%112.0%
HV 60d111.9%87.1%147.1%140.5%90.6%
IV Rank38.3%15.1%55.1%26.0%55.1%
IV Percentile75.7%13.1%97.6%52.4%97.6%
Term Structure1.3%-67.6%30.3%15.9%-15.9%
VWIV140.9%99.3%189.9%99.3%155.2%
Skew 25d-1.0%-40.8%36.9%-17.3%6.7%
Skew 10d18.5%-40.9%67.1%12.6%67.1%
Call IV 25d135.5%97.0%171.3%141.7%139.0%
Put IV 25d134.5%106.7%175.7%124.5%145.7%
Bid-Ask Spread %74.8055.55102.3295.9783.89
Gamma HHI0.230.180.370.190.37
Net GEX144.9K83.4K312.0K182.1K312.0K
Net DEX-8.3M-14.1M-4.4M-12.8M-14.1M
Net VEX-46.2K-58.5K-35.8K-58.5K-53.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.021.030.070.25
Total Volume1,523907,8017734,476
Total OI46,759.57943,67851,52243,67851,522

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$10.17$7.50119.2%32.0%86.9%26.0%99.3%-17.3%15.9%182.1K-12.8M-58.5K0.0795.97N/AN/A7235039,7103,968
2026-02-03$9.48$7.50101.1%36.6%88.7%15.1%99.5%-14.1%2.2%171.1K-11.5M-56.4K0.07102.32N/AN/A1,59411040,0263,994
2026-02-04$8.78$7.50117.7%34.2%90.1%25.1%115.8%15.3%7.0%145.0K-8.3M-47.6K0.10100.02N/AN/A1,47014040,6174,094
2026-02-05$7.82$10.00119.7%41.5%96.0%26.3%143.0%32.2%15.2%112.7K-6.6M-41.7K0.3271.15N/AN/A96530441,2994,137
2026-02-06$9.16$7.50130.5%39.3%110.5%32.9%150.1%16.1%-6.6%149.5K-9.4M-49.6K0.0663.55N/AN/A1,0566141,6064,192
2026-02-09$9.23$7.50143.9%41.3%110.5%41.1%124.8%2.0%10.6%163.1K-10.1M-52.2K0.2772.95N/AN/A82922141,8073,880
2026-02-10$8.53$7.50128.8%41.1%111.1%31.9%134.2%0.2%19.9%145.4K-8.8M-48.7K0.0558.18N/AN/A1,7247942,4384,046
2026-02-11$8.52$7.50132.8%44.2%110.0%34.4%147.2%-10.3%26.2%134.2K-8.2M-47.0K0.2163.67N/AN/A64013742,4744,112
2026-02-12$8.07$10.00124.6%39.7%106.1%29.4%143.4%-3.4%17.5%119.9K-7.1M-43.5K0.3564.49N/AN/A36212842,6494,201
2026-02-13$8.13$10.00135.4%41.6%101.8%36.0%145.3%-4.0%17.3%118.9K-7.0M-42.9K1.0362.58N/AN/A35936842,6914,260
2026-02-17$7.94$10.00145.4%41.8%94.8%42.0%148.9%-8.7%-12.1%111.7K-5.9M-40.3K0.4362.36N/AN/A37116141,6514,447
2026-02-18$8.04$10.00137.8%39.5%92.4%37.4%139.6%-7.2%13.1%118.3K-6.3M-41.7K0.1455.55N/AN/A3825341,8614,549
2026-02-19$7.95$10.00158.8%45.9%89.6%50.2%135.7%-22.2%-27.1%118.5K-6.2M-40.2K0.5566.29N/AN/A583242,0334,553
2026-02-20$7.78$10.00142.6%39.5%89.3%40.3%133.8%0.2%30.3%96.8K-5.5M-37.9K0.4255.85N/AN/A61826042,0644,516
2026-02-23$7.53$10.00163.3%43.3%89.3%52.9%148.6%-40.8%-67.6%83.4K-4.4M-35.8K0.0291.48N/AN/A7,68211939,9065,246
2026-02-24$8.50$9.00156.6%47.6%100.2%48.9%166.5%36.9%28.0%133.3K-7.6M-44.2K0.0584.84N/AN/A1,2225943,5845,349
2026-02-25$8.66$9.50163.1%42.0%99.5%52.8%156.5%5.9%8.3%156.3K-8.6M-47.5K0.1682.35N/AN/A1,17218644,4685,407
2026-02-26$8.87$9.00157.5%46.8%100.1%49.4%189.9%-5.5%-58.1%181.2K-9.6M-48.4K0.5083.73N/AN/A50925745,5305,545
2026-02-27$10.13$9.00166.8%44.0%112.0%55.1%155.2%6.7%-15.9%312.0K-14.1M-53.5K0.2583.89N/AN/A3,56990745,8305,692