AGEN Options History — April 2008

In April 2008, AGEN traded between $261.43 and $356.82. ATM implied volatility averaged 96.5%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 26.8%. IV traded above realized volatility by 5.1% (HV 20d: 91.5%). Max pain ranged from $294.41 to $294.41. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.14.

Notable Days

2008-04-08: Highest Volume — 20 contracts
2008-04-09: Largest IV spike — 113.5% change
2008-04-09: Highest IV Rank — 100.0%
2008-04-15: Largest Expected Move — 34.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$287.07	$261.43	$356.82	$284.99	$266.14
Max Pain	$294.41	$294.41	$294.41	$294.41	$294.41
ATM IV	96.5%	44.0%	182.4%	66.2%	85.8%
Expected Move	26.8%	12.6%	34.1%	19.0%	24.6%
HV 20d	91.5%	65.8%	104.6%	72.5%	93.3%
HV 60d	76.3%	65.6%	80.9%	66.4%	77.8%
IV Rank	39.4%	1.2%	100.0%	19.7%	30.9%
IV Percentile	56.7%	0.8%	100.0%	21.0%	46.8%
Term Structure	-0.1%	-21.2%	51.3%	-16.8%	51.3%
VWIV	81.3%	44.0%	118.3%	65.1%	64.1%
Bid-Ask Spread %	69.80	21.44	144.77	66.01	144.77
Gamma HHI	0.48	0.43	0.63	0.51	0.49
Net GEX	6.4K	4.7K	7.6K	4.7K	7.1K
Net DEX	-473.8K	-774.8K	-270.2K	-270.2K	-459.3K
Net VEX	-4.8K	-5.9K	-3.1K	-3.4K	-4.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.14	0.00	1.43	0.00	0.00
Total Volume	1.864	0	20	0	0
Total OI	58.682	43	67	43	67

Daily Data (22 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 Vol	Put Vol	Call OI	Put OI
2008-04-01	$284.99	$294.41	66.2%	19.0%	72.5%	19.7%	65.1%	0.0%	0.0%	4.7K	-270.2K	-3.4K	0.00	66.01	0	0	37	6
2008-04-02	$290.87	$294.41	72.0%	20.7%	71.6%	24.6%	71.6%	0.0%	0.0%	4.7K	-285.0K	-3.4K	0.00	66.64	0	0	37	6
2008-04-03	$287.34	$294.41	69.4%	19.9%	71.7%	22.4%	67.7%	0.0%	0.0%	4.8K	-283.0K	-3.5K	0.00	69.91	1	0	38	6
2008-04-04	$294.41	$294.41	44.0%	12.6%	65.8%	1.2%	44.0%	0.0%	0.0%	6.2K	-275.5K	-3.1K	0.00	129.65	0	0	38	6
2008-04-07	$290.87	$294.41	64.8%	18.6%	66.1%	18.6%	63.4%	0.0%	0.0%	5.3K	-287.4K	-3.4K	0.00	62.75	0	0	39	6
2008-04-08	$356.82	$294.41	85.5%	24.5%	96.5%	35.8%	80.0%	0.0%	0.0%	4.9K	-774.8K	-5.0K	0.10	22.98	18	2	39	6
2008-04-09	$322.67	$0.00	182.4%	33.5%	102.5%	100.0%	0.0%	0.0%	-16.8%	6.1K	-652.5K	-5.5K	0.16	138.96	5	1	48	8
2008-04-10	$310.89	$0.00	101.8%	29.2%	102.4%	42.4%	102.4%	0.0%	-4.1%	6.6K	-640.7K	-5.8K	0.05	94.42	4	0	52	8
2008-04-11	$307.36	$294.41	110.2%	31.6%	102.0%	48.3%	110.1%	0.0%	-6.6%	7.0K	-635.1K	-5.9K	0.33	94.36	1	0	55	8
2008-04-14	$292.05	$294.41	118.3%	33.9%	103.9%	54.1%	118.3%	0.0%	-21.2%	7.2K	-559.9K	-5.4K	0.11	49.93	1	0	55	8
2008-04-15	$282.63	$294.41	119.0%	34.1%	104.6%	54.7%	0.0%	0.0%	-20.1%	6.9K	-526.2K	-5.3K	0.00	21.44	1	0	55	8
2008-04-16	$281.45	$294.41	107.5%	30.8%	104.0%	46.4%	107.7%	0.0%	-1.7%	7.1K	-446.0K	-4.9K	0.03	52.73	2	0	56	8
2008-04-17	$280.27	$294.41	113.8%	32.6%	102.8%	50.9%	0.0%	0.0%	-2.8%	7.2K	-485.8K	-5.1K	0.00	36.67	1	0	57	8
2008-04-18	$287.34	$294.41	113.2%	32.5%	96.8%	50.5%	0.0%	0.0%	-11.0%	7.6K	-540.5K	-5.4K	1.43	41.26	0	0	57	8
2008-04-21	$275.56	$294.41	112.4%	32.2%	98.1%	49.9%	0.0%	0.0%	-11.7%	6.9K	-502.4K	-5.1K	0.00	42.29	1	0	57	8
2008-04-22	$262.61	$294.41	98.7%	28.3%	93.4%	40.1%	0.0%	0.0%	4.2%	6.6K	-452.4K	-4.7K	0.15	32.29	1	0	57	8
2008-04-23	$267.32	$294.41	95.6%	27.4%	92.7%	37.9%	0.0%	0.0%	-1.2%	6.7K	-475.3K	-5.1K	0.00	77.67	1	0	58	8
2008-04-24	$266.14	$294.41	95.0%	27.2%	92.5%	37.4%	0.0%	0.0%	-3.2%	6.9K	-434.2K	-4.9K	0.40	45.04	0	0	58	8
2008-04-25	$261.43	$294.41	77.9%	22.3%	92.3%	25.3%	0.0%	0.0%	19.0%	6.4K	-488.3K	-5.0K	0.40	90.94	0	0	58	8
2008-04-28	$273.21	$294.41	94.8%	27.2%	93.8%	37.3%	64.1%	0.0%	29.9%	6.6K	-488.9K	-5.0K	0.00	97.76	1	0	58	8
2008-04-29	$273.21	$294.41	95.6%	27.4%	93.3%	37.9%	0.0%	0.0%	-4.9%	7.1K	-460.3K	-4.9K	0.00	57.13	0	0	59	8
2008-04-30	$266.14	$294.41	85.8%	24.6%	93.3%	30.9%	0.0%	0.0%	51.3%	7.1K	-459.3K	-4.7K	0.00	144.77	0	0	59	8