AGEN Options History — March 2012

In March 2012, AGEN traded between $103.04 and $132.68. ATM implied volatility averaged 86.6%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 24.8%. IV traded below realized volatility by 255.0% (HV 20d: 341.6%). Max pain ranged from $98.14 to $98.14. Net GEX was positive for 10 of 12 trading days. Term structure was in contango for 3 of 12 days. Put/call ratio averaged 0.55.

Notable Days

2012-03-20: Highest Volume — 10 contracts
2012-03-20: Largest IV spike — 49.2% change
2012-03-21: Highest IV Rank — 24.0%
2012-03-21: Largest Expected Move — 29.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$116.70	$103.04	$132.68	$104.22	$129.34
Max Pain	$98.14	$98.14	$98.14	$98.14	$98.14
ATM IV	86.6%	65.3%	102.3%	87.4%	80.3%
Expected Move	24.8%	18.7%	29.3%	25.1%	23.0%
HV 20d	341.6%	339.0%	343.4%	339.0%	342.9%
HV 60d	238.4%	234.9%	245.2%	245.2%	236.3%
IV Rank	17.5%	9.1%	24.0%	18.1%	14.7%
IV Percentile	43.4%	16.5%	62.3%	47.6%	34.6%
Term Structure	-3.8%	-16.4%	14.2%	-5.8%	7.6%
VWIV	86.3%	63.7%	105.5%	94.2%	80.4%
Bid-Ask Spread %	90.92	68.83	113.33	102.48	68.83
Gamma HHI	0.67	0.50	0.97	0.51	0.69
Net GEX	734	-35	1.4K	0	1.4K
Net DEX	-53.8K	-113.3K	0	0	-113.3K
Net VEX	-193	-367	0	0	-367
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.00	3.64	0.67	0.44
Total Volume	2.833	0	10	0	3
Total OI	10.167	0	18	0	18

Daily Data (12 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
2012-03-15	$104.22	$0.00	87.4%	25.1%	339.0%	18.1%	0.0%	0.0%	-5.8%	0	0	0	0.67	102.48	0	0	0	0
2012-03-16	$103.04	$0.00	94.2%	27.0%	339.4%	20.8%	94.2%	0.0%	-12.3%	6	-420	-6	1.20	94.06	1	1	0	0
2012-03-19	$123.06	$98.14	65.3%	18.7%	341.3%	9.1%	63.7%	0.0%	-5.3%	-35	-5.8K	-47	0.05	86.42	2	0	1	1
2012-03-20	$116.19	$98.14	97.4%	27.9%	342.4%	22.1%	98.7%	0.0%	-16.4%	135	-16.2K	-98	0.01	81.19	10	0	3	1
2012-03-21	$116.39	$98.14	102.3%	29.3%	341.2%	24.0%	0.0%	0.0%	-14.7%	1.3K	-83.6K	-249	0.00	94.99	0	0	12	1
2012-03-22	$114.62	$98.14	94.0%	27.0%	341.0%	20.7%	94.8%	0.0%	-8.5%	1.4K	-80.7K	-248	3.64	93.77	1	2	12	1
2012-03-23	$110.70	$98.14	97.7%	28.0%	342.1%	22.2%	105.5%	0.0%	-9.8%	1.0K	-66.4K	-276	0.00	72.19	1	0	12	3
2012-03-26	$120.90	$98.14	67.4%	19.3%	341.7%	9.5%	66.8%	0.0%	14.2%	1.2K	-96.4K	-259	0.01	113.33	5	0	13	3
2012-03-27	$112.27	$98.14	88.2%	25.3%	342.5%	17.9%	0.0%	0.0%	-3.1%	621	-44.7K	-245	0.00	106.69	1	0	10	3
2012-03-28	$116.98	$98.14	83.1%	23.8%	342.2%	15.9%	0.0%	0.0%	9.7%	791	-57.7K	-241	0.00	106.64	0	0	11	3
2012-03-29	$132.68	$98.14	81.8%	23.5%	343.4%	15.4%	80.4%	0.0%	-1.5%	1.0K	-80.6K	-282	0.04	70.43	7	0	11	3
2012-03-30	$129.34	$98.14	80.3%	23.0%	342.9%	14.7%	0.0%	0.0%	7.6%	1.4K	-113.3K	-367	0.44	68.83	2	1	15	3