ACTU Options History — October 2008

In October 2008, ACTU traded between $2.20 and $3.50. ATM implied volatility averaged 101.3%, placing in the 48.0% IV rank vs the trailing year. The 30-day expected move averaged 21.3%. IV traded above realized volatility by 0.3% (HV 20d: 101.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2008-10-30: Highest Volume — 49 contracts
2008-10-16: Largest IV drop — 64.1% change
2008-10-13: Highest IV Rank — 100.0%
2008-10-01: Largest Expected Move — 35.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.83	$2.20	$3.50	$3.50	$2.84
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	101.3%	59.1%	195.9%	123.9%	77.4%
Expected Move	21.3%	16.0%	35.5%	35.5%	22.2%
HV 20d	101.0%	74.3%	141.5%	74.3%	141.5%
HV 60d	70.7%	52.5%	93.2%	52.5%	93.2%
IV Rank	48.0%	16.3%	100.0%	74.4%	27.5%
IV Percentile	86.4%	62.7%	100.0%	98.4%	83.3%
Term Structure	-11.5%	-52.8%	28.4%	-46.2%	-20.6%
VWIV	62.9%	61.6%	64.3%	64.3%	61.6%
Bid-Ask Spread %	116.16	93.42	131.82	99.20	124.41
Gamma HHI	0.67	0.50	0.98	0.98	0.53
Net GEX	760	171	1.9K	1.9K	266
Net DEX	-35.2K	-163.7K	-3.3K	-47.4K	-7.8K
Net VEX	-140	-629	-24	-269	-31
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	7.913	0	49	0	0
Total OI	1,224.826	910	1,438	1,424	910

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2008-10-01	$3.50	$2.50	123.9%	35.5%	74.3%	74.4%	0.0%	0.0%	-46.2%	1.9K	-47.4K	-269	99.20	N/A	N/A	0	1,357	67
2008-10-02	$3.29	$2.50	118.5%	34.0%	76.4%	70.0%	0.0%	0.0%	-52.8%	1.5K	-34.4K	-191	93.42	N/A	N/A	0	1,357	67
2008-10-03	$3.17	$2.50	111.7%	32.0%	77.0%	64.5%	0.0%	0.0%	-49.5%	1.7K	-142.5K	-629	99.28	N/A	N/A	40	1,357	67
2008-10-06	$3.06	$0.00	111.6%	18.2%	75.2%	64.4%	0.0%	0.0%	-12.3%	1.6K	-138.0K	-604	117.67	N/A	N/A	0	1,357	67
2008-10-07	$2.95	$0.00	109.8%	17.5%	74.4%	63.0%	64.3%	0.0%	-7.1%	666	-17.7K	-38	115.23	N/A	N/A	10	1,357	67
2008-10-08	$2.70	$2.50	99.6%	18.0%	75.1%	54.7%	0.0%	0.0%	-16.0%	1.0K	-11.8K	-35	115.79	N/A	N/A	0	1,367	67
2008-10-09	$2.55	$2.50	126.9%	17.5%	76.0%	76.9%	0.0%	0.0%	0.4%	800	-4.7K	-35	131.82	N/A	N/A	0	1,367	67
2008-10-10	$2.83	$2.50	120.4%	16.0%	88.6%	71.6%	0.0%	0.0%	-5.3%	777	-16.6K	-24	121.87	N/A	N/A	26	1,367	67
2008-10-13	$3.15	$2.50	195.9%	18.7%	95.3%	100.0%	0.0%	0.0%	-6.8%	1.4K	-163.7K	-612	98.82	N/A	N/A	0	1,387	34
2008-10-14	$3.03	$2.50	189.7%	19.2%	94.0%	96.2%	0.0%	0.0%	28.4%	1.2K	-52.9K	-177	116.40	N/A	N/A	17	1,387	34
2008-10-15	$2.65	$2.50	171.9%	18.3%	100.0%	85.3%	0.0%	0.0%	-12.6%	511	-30.8K	-24	122.89	N/A	N/A	0	1,394	34
2008-10-16	$2.90	$2.50	61.7%	17.7%	99.3%	17.9%	61.6%	0.0%	-3.1%	304	-36.7K	-43	119.75	N/A	N/A	15	1,394	34
2008-10-17	$2.81	$2.50	61.5%	17.6%	99.3%	17.8%	0.0%	0.0%	9.7%	600	-40.9K	-79	115.29	N/A	N/A	11	1,404	34
2008-10-20	$3.05	$2.50	72.0%	20.7%	103.9%	24.3%	0.0%	0.0%	-12.9%	287	-9.6K	-35	117.80	N/A	N/A	0	959	12
2008-10-21	$2.73	$2.50	59.1%	16.9%	108.8%	16.3%	0.0%	0.0%	11.2%	514	-9.4K	-65	119.07	N/A	N/A	0	959	12
2008-10-22	$2.68	$2.50	80.7%	23.1%	108.7%	29.5%	0.0%	0.0%	-11.0%	424	-8.0K	-58	118.84	N/A	N/A	0	959	12
2008-10-23	$2.60	$2.50	73.1%	20.9%	108.7%	24.9%	0.0%	0.0%	-0.6%	409	-7.2K	-59	125.65	N/A	N/A	0	959	12
2008-10-24	$2.36	$2.50	73.0%	20.9%	112.4%	24.8%	0.0%	0.0%	-31.0%	171	-3.3K	-28	130.11	N/A	N/A	0	959	12
2008-10-27	$2.20	$2.50	71.4%	20.5%	112.9%	23.9%	0.0%	0.0%	-3.5%	311	-4.8K	-57	121.63	N/A	N/A	14	959	12
2008-10-28	$2.74	$2.50	66.5%	19.1%	140.9%	20.9%	0.0%	0.0%	-5.4%	361	-7.6K	-43	107.12	N/A	N/A	0	947	12
2008-10-29	$2.71	$2.50	64.0%	18.3%	140.8%	19.3%	0.0%	0.0%	-5.4%	350	-7.3K	-41	122.63	N/A	N/A	0	947	12
2008-10-30	$2.67	$2.50	90.3%	25.9%	139.6%	35.4%	0.0%	0.0%	-12.5%	403	-7.6K	-54	116.96	N/A	N/A	49	947	12
2008-10-31	$2.84	$2.50	77.4%	22.2%	141.5%	27.5%	0.0%	0.0%	-20.6%	266	-7.8K	-31	124.41	N/A	N/A	0	898	12