AGEN Options History — April 2012

In April 2012, AGEN traded between $119.73 and $138.17. ATM implied volatility averaged 79.3%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded below realized volatility by 102.8% (HV 20d: 182.1%). Max pain ranged from $49.07 to $98.14. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.10.

Notable Days

2012-04-02: Highest Volume — 5 contracts
2012-04-27: Largest IV spike — 76.4% change
2012-04-10: Highest IV Rank — 21.3%
2012-04-10: Largest Expected Move — 30.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$125.93	$119.73	$138.17	$138.17	$122.67
Max Pain	$58.88	$49.07	$98.14	$98.14	$49.07
ATM IV	79.3%	50.0%	96.5%	84.2%	66.2%
Expected Move	23.1%	14.3%	30.1%	24.2%	19.0%
HV 20d	182.1%	52.9%	344.8%	342.9%	53.3%
HV 60d	229.9%	220.0%	236.3%	235.9%	220.0%
IV Rank	14.3%	2.5%	21.3%	16.3%	9.0%
IV Percentile	30.9%	1.7%	55.8%	41.1%	8.7%
Term Structure	-0.0%	-19.4%	38.6%	-2.2%	18.6%
VWIV	83.7%	62.3%	105.6%	82.6%	69.5%
Bid-Ask Spread %	77.19	29.42	132.89	40.39	92.60
Gamma HHI	0.82	0.71	0.94	0.71	0.80
Net GEX	2.2K	1.7K	3.1K	1.7K	2.5K
Net DEX	-136.2K	-159.7K	-114.0K	-143.8K	-126.8K
Net VEX	-581	-647	-421	-421	-626
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.10	0.00	1.20	0.02	0.00
Total Volume	1.4	0	5	5	1
Total OI	26.05	19	30	19	26

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 Vol	Put Vol	Call OI	Put OI
2012-04-02	$138.17	$98.14	84.2%	24.2%	342.9%	16.3%	82.6%	0.0%	-2.2%	1.7K	-143.8K	-421	0.02	40.39	5	0	16	3
2012-04-03	$137.59	$98.14	90.3%	25.9%	343.0%	18.8%	90.6%	0.0%	-8.5%	1.9K	-159.7K	-523	0.08	29.42	3	0	19	3
2012-04-04	$129.74	$98.14	95.7%	27.4%	344.8%	21.0%	95.0%	0.0%	-10.2%	2.1K	-152.3K	-539	0.01	68.38	4	0	21	3
2012-04-05	$126.59	$98.14	78.2%	22.4%	342.7%	13.9%	0.0%	0.0%	-6.1%	2.5K	-154.7K	-605	0.00	52.10	3	0	24	3
2012-04-09	$124.44	$49.07	89.7%	23.9%	341.9%	18.6%	0.0%	0.0%	-3.0%	2.2K	-124.2K	-558	0.00	91.24	0	0	22	3
2012-04-10	$119.92	$49.07	96.5%	30.1%	333.7%	21.3%	105.6%	0.0%	-15.8%	1.8K	-114.0K	-538	0.00	102.79	3	0	22	3
2012-04-11	$126.59	$49.07	69.9%	26.1%	331.4%	10.6%	91.7%	0.0%	-12.6%	2.6K	-139.9K	-582	0.00	81.99	0	0	24	3
2012-04-12	$126.01	$49.07	87.4%	25.1%	331.9%	17.6%	0.0%	0.0%	-4.7%	1.9K	-137.5K	-572	0.00	82.59	0	0	24	3
2012-04-13	$130.91	$49.07	81.5%	23.4%	102.9%	15.2%	0.0%	0.0%	-1.1%	3.1K	-156.1K	-604	0.00	96.29	1	0	24	3
2012-04-16	$128.56	$49.07	82.7%	23.7%	103.1%	15.7%	0.0%	0.0%	-3.8%	2.1K	-144.8K	-586	0.00	72.86	0	1	25	3
2012-04-17	$122.87	$49.07	75.4%	21.6%	83.9%	12.8%	0.0%	0.0%	-15.0%	2.0K	-131.0K	-576	0.00	75.77	1	0	25	4
2012-04-18	$122.08	$49.07	69.3%	19.9%	81.2%	10.3%	89.9%	0.0%	14.9%	2.0K	-130.2K	-582	0.00	88.49	1	0	26	4
2012-04-19	$124.04	$49.07	83.1%	23.8%	81.4%	15.9%	62.3%	0.0%	-6.6%	2.1K	-135.0K	-595	1.20	62.14	0	0	26	4
2012-04-20	$123.06	$49.07	86.8%	24.9%	81.2%	17.4%	0.0%	0.0%	-10.5%	2.0K	-134.4K	-605	0.00	64.87	1	0	26	4
2012-04-23	$122.08	$49.07	76.7%	22.0%	80.0%	13.3%	77.3%	0.0%	26.9%	2.1K	-125.8K	-604	0.23	57.26	1	0	22	2
2012-04-24	$124.04	$49.07	67.2%	19.2%	73.9%	9.4%	72.3%	0.0%	12.8%	2.3K	-126.5K	-627	0.10	80.59	1	0	23	2
2012-04-25	$123.26	$49.07	66.1%	19.0%	68.5%	9.0%	0.0%	0.0%	7.6%	2.3K	-122.3K	-610	0.00	77.73	2	0	22	2
2012-04-26	$126.20	$49.07	50.0%	14.3%	67.5%	2.5%	0.0%	0.0%	38.6%	2.6K	-134.7K	-647	0.00	93.36	0	0	24	2
2012-04-27	$119.73	$49.07	88.3%	25.3%	52.9%	18.0%	0.0%	0.0%	-19.4%	2.3K	-129.5K	-627	0.00	132.89	0	0	24	2
2012-04-30	$122.67	$49.07	66.2%	19.0%	53.3%	9.0%	69.5%	0.0%	18.6%	2.5K	-126.8K	-626	0.00	92.60	1	0	24	2