ABAT Options History — May 2009

In May 2009, ABAT traded between $41.40 and $59.10. ATM implied volatility averaged 96.9%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded above realized volatility by 9.6% (HV 20d: 87.3%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.83.

Notable Days

2009-05-11: Highest Volume — 26 contracts
2009-05-29: Largest IV spike — 80.0% change
2009-05-12: Highest IV Rank — 74.9%
2009-05-29: Largest Expected Move — 38.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.90	$41.40	$59.10	$41.40	$53.70
Max Pain	$37.50	$37.50	$37.50	$37.50	$37.50
ATM IV	96.9%	65.3%	170.5%	66.2%	135.5%
Expected Move	23.1%	16.5%	38.8%	19.0%	38.8%
HV 20d	87.3%	47.6%	99.2%	47.6%	99.2%
HV 60d	82.0%	70.3%	86.5%	70.3%	82.8%
IV Rank	27.1%	6.5%	74.9%	7.1%	52.2%
IV Percentile	38.8%	4.0%	97.6%	4.8%	88.5%
Term Structure	-2.3%	-64.6%	35.1%	15.0%	-64.6%
VWIV	79.6%	60.6%	119.7%	83.4%	69.9%
Bid-Ask Spread %	54.55	15.60	97.27	97.26	19.35
Gamma HHI	0.49	0.41	0.85	0.85	0.49
Net GEX	1.5K	716	2.8K	1.3K	2.7K
Net DEX	-219.8K	-322.8K	-99.3K	-99.3K	-248.6K
Net VEX	-985	-1.5K	-366	-366	-1.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.00	5.00	0.00	3.14
Total Volume	7.95	0	26	1	1
Total OI	114.85	57	162	57	162

Daily Data (20 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
2009-05-01	$41.40	$37.50	66.2%	19.0%	47.6%	7.1%	0.0%	0.0%	15.0%	1.3K	-99.3K	-366	0.00	97.26	N/A	N/A	1	0	48	9
2009-05-04	$49.35	$37.50	98.7%	27.2%	77.1%	28.2%	83.4%	0.0%	-33.1%	716	-150.2K	-382	0.15	36.13	N/A	N/A	9	1	49	9
2009-05-05	$49.65	$37.50	109.4%	16.5%	77.0%	35.2%	60.6%	0.0%	35.1%	1.1K	-163.4K	-389	0.12	63.15	N/A	N/A	6	1	56	10
2009-05-06	$52.50	$37.50	127.1%	25.8%	75.1%	46.7%	119.7%	0.0%	-24.7%	1.3K	-185.3K	-499	0.10	15.60	N/A	N/A	14	1	60	11
2009-05-07	$52.20	$37.50	113.7%	17.8%	75.5%	38.0%	63.7%	0.0%	31.7%	827	-233.2K	-662	0.97	45.01	N/A	N/A	5	5	73	12
2009-05-08	$55.95	$37.50	150.2%	21.1%	74.7%	61.7%	98.5%	0.0%	18.6%	1.2K	-260.9K	-845	0.83	66.89	N/A	N/A	6	5	77	17
2009-05-11	$59.10	$37.50	104.6%	26.6%	75.8%	32.1%	107.5%	0.0%	-25.9%	1.5K	-285.5K	-958	0.35	62.98	N/A	N/A	19	7	81	21
2009-05-12	$52.20	$37.50	170.5%	21.3%	90.8%	74.9%	85.5%	0.0%	13.2%	941	-237.0K	-967	0.46	47.87	N/A	N/A	12	5	94	27
2009-05-13	$48.75	$37.50	78.5%	22.5%	95.3%	15.2%	66.5%	0.0%	8.3%	1.6K	-155.8K	-824	0.45	95.24	N/A	N/A	1	0	96	33
2009-05-14	$48.60	$37.50	67.9%	19.5%	95.2%	8.2%	67.1%	0.0%	32.6%	1.6K	-156.6K	-798	0.07	72.25	N/A	N/A	6	0	97	33
2009-05-15	$52.05	$37.50	78.2%	22.4%	97.5%	14.9%	0.0%	0.0%	11.9%	1.8K	-188.0K	-933	0.00	73.75	N/A	N/A	0	0	100	33
2009-05-18	$53.55	$37.50	80.2%	23.0%	95.3%	16.2%	0.0%	0.0%	-13.9%	1.3K	-185.5K	-1.1K	0.00	76.70	N/A	N/A	0	0	91	27
2009-05-19	$56.10	$37.50	74.2%	21.3%	95.5%	12.3%	85.5%	0.0%	-14.6%	1.2K	-217.8K	-1.2K	0.21	34.55	N/A	N/A	7	1	91	27
2009-05-20	$55.65	$37.50	82.4%	23.6%	95.9%	17.7%	63.3%	0.0%	-20.0%	1.8K	-223.3K	-1.2K	0.00	16.43	N/A	N/A	9	0	96	26
2009-05-21	$54.60	$37.50	84.3%	24.2%	94.5%	18.9%	0.0%	0.0%	-22.6%	1.5K	-252.5K	-1.3K	0.02	97.27	N/A	N/A	19	0	104	26
2009-05-22	$54.00	$37.50	107.6%	30.8%	95.0%	34.0%	64.1%	0.0%	-20.6%	2.8K	-265.8K	-1.4K	0.48	70.81	N/A	N/A	1	1	122	26
2009-05-26	$57.15	$37.50	65.3%	18.7%	94.5%	6.5%	69.9%	0.0%	27.7%	2.1K	-313.6K	-1.5K	5.00	19.30	N/A	N/A	0	0	122	26
2009-05-27	$57.60	$37.50	67.8%	19.4%	94.6%	8.2%	0.0%	0.0%	17.0%	2.4K	-322.8K	-1.5K	2.38	64.86	N/A	N/A	3	7	122	27
2009-05-28	$54.00	$37.50	75.3%	21.6%	98.9%	13.0%	0.0%	0.0%	-16.3%	1.5K	-250.9K	-1.5K	1.04	15.63	N/A	N/A	3	3	123	33
2009-05-29	$53.70	$37.50	135.5%	38.8%	99.2%	52.2%	0.0%	0.0%	-64.6%	2.7K	-248.6K	-1.5K	3.14	19.35	N/A	N/A	0	1	126	36