AGYS Options History — September 2007

In September 2007, AGYS traded between $16.90 and $18.50. ATM implied volatility averaged 40.1%, placing in the 48.4% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 2.3% (HV 20d: 42.4%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.71.

Notable Days

2007-09-17: Highest Volume — 234 contracts
2007-09-21: Largest IV spike — 19.8% change
2007-09-21: Highest IV Rank — 63.3%
2007-09-21: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.60	$16.90	$18.50	$17.55	$16.90
Max Pain	$19.61	$17.50	$20.00	$17.50	$20.00
ATM IV	40.1%	35.3%	46.3%	35.4%	44.7%
Expected Move	11.8%	10.2%	13.3%	10.2%	12.8%
HV 20d	42.4%	22.9%	63.4%	63.4%	30.5%
HV 60d	47.1%	46.7%	48.1%	46.8%	46.9%
IV Rank	48.4%	36.9%	63.3%	37.2%	59.4%
IV Percentile	57.0%	22.2%	89.0%	22.6%	86.0%
Term Structure	2.7%	-0.9%	6.2%	6.2%	2.4%
VWIV	38.1%	30.1%	43.9%	30.1%	43.9%
Skew 25d	4.1%	-1.9%	14.5%	3.1%	8.1%
Skew 10d	7.0%	-4.2%	22.4%	4.5%	16.0%
Call IV 25d	36.2%	30.4%	40.9%	30.4%	36.9%
Put IV 25d	40.3%	32.5%	46.5%	33.5%	44.9%
Bid-Ask Spread %	32.33	13.04	48.42	13.17	36.93
Gamma HHI	0.29	0.26	0.35	0.26	0.34
Net GEX	49.8K	33.4K	67.3K	53.0K	33.4K
Net DEX	-927.1K	-1.4M	-412.9K	-1.0M	-412.9K
Net VEX	-8.9K	-9.8K	-7.7K	-9.7K	-7.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.71	0.00	3.57	0.00	0.07
Total Volume	47.947	0	234	65	15
Total OI	3,861.579	3,648	4,098	3,832	3,713

Daily Data (19 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
2007-09-04	$17.55	$17.50	35.4%	10.2%	63.4%	37.2%	0.0%	3.1%	6.2%	53.0K	-1.0M	-9.7K	0.00	13.17	N/A	N/A	65	0	2,937	895
2007-09-05	$17.25	$17.50	36.2%	10.4%	61.4%	39.0%	30.1%	-0.8%	4.8%	51.1K	-815.8K	-9.1K	0.00	13.04	N/A	N/A	0	40	2,939	895
2007-09-06	$17.30	$17.50	36.4%	10.5%	60.3%	39.7%	0.0%	-0.3%	5.0%	51.2K	-759.0K	-9.1K	2.00	14.27	N/A	N/A	10	20	2,939	915
2007-09-07	$17.20	$20.00	35.3%	11.9%	55.0%	36.9%	0.0%	4.8%	2.3%	51.4K	-720.6K	-8.9K	0.00	22.38	N/A	N/A	0	0	2,939	925
2007-09-10	$16.99	$20.00	36.4%	12.2%	54.2%	39.5%	0.0%	4.4%	0.8%	50.6K	-596.4K	-8.6K	0.00	30.01	N/A	N/A	0	10	2,939	925
2007-09-11	$17.48	$20.00	37.1%	12.0%	49.3%	41.1%	41.8%	4.5%	1.7%	55.1K	-846.5K	-9.0K	1.50	26.97	N/A	N/A	20	30	2,939	925
2007-09-12	$17.42	$20.00	35.6%	12.0%	48.3%	37.7%	0.0%	6.2%	0.9%	56.3K	-830.3K	-8.7K	1.00	39.10	N/A	N/A	10	10	2,949	935
2007-09-13	$17.90	$20.00	42.4%	12.2%	48.6%	54.0%	0.0%	6.7%	-0.9%	67.3K	-1.1M	-9.2K	0.40	39.12	N/A	N/A	25	10	2,949	945
2007-09-14	$18.23	$20.00	39.2%	11.3%	48.7%	46.3%	0.0%	5.3%	3.9%	55.4K	-1.3M	-9.0K	0.00	38.12	N/A	N/A	20	0	2,949	945
2007-09-17	$18.05	$20.00	41.2%	11.8%	49.0%	51.0%	33.8%	6.0%	2.7%	60.8K	-1.3M	-8.9K	0.34	34.31	N/A	N/A	174	60	2,959	945
2007-09-18	$18.18	$20.00	41.7%	12.0%	48.9%	52.3%	0.0%	0.1%	1.6%	60.8K	-1.4M	-9.7K	0.39	44.27	N/A	N/A	51	20	3,106	992
2007-09-19	$18.18	$20.00	41.5%	11.9%	22.9%	51.7%	41.1%	1.6%	3.2%	52.8K	-1.4M	-9.6K	3.57	45.62	N/A	N/A	14	50	3,037	1,012
2007-09-20	$18.50	$20.00	38.6%	11.1%	23.3%	44.9%	0.0%	0.9%	4.9%	44.6K	-1.4M	-9.8K	0.00	22.85	N/A	N/A	0	0	3,023	1,053
2007-09-21	$17.87	$20.00	46.3%	13.3%	26.7%	63.3%	0.0%	0.3%	-0.5%	55.7K	-1.1M	-9.4K	0.00	36.63	N/A	N/A	18	0	3,023	1,053
2007-09-24	$17.87	$20.00	41.3%	11.8%	26.4%	51.2%	0.0%	-1.9%	5.2%	38.6K	-888.1K	-8.5K	0.00	48.42	N/A	N/A	40	0	2,764	884
2007-09-25	$17.16	$20.00	45.7%	13.1%	29.9%	61.9%	0.0%	14.5%	0.6%	36.7K	-620.7K	-8.2K	0.00	36.55	N/A	N/A	82	0	2,784	884
2007-09-26	$17.17	$20.00	43.9%	12.6%	29.6%	57.4%	43.9%	13.4%	2.8%	35.7K	-588.3K	-8.0K	1.38	30.81	N/A	N/A	45	62	2,767	884
2007-09-27	$17.26	$20.00	42.7%	12.2%	29.5%	54.7%	0.0%	1.1%	4.0%	34.9K	-506.4K	-8.0K	0.00	41.70	N/A	N/A	10	0	2,767	936
2007-09-28	$16.90	$20.00	44.7%	12.8%	30.5%	59.4%	0.0%	8.1%	2.4%	33.4K	-412.9K	-7.7K	0.07	36.93	N/A	N/A	14	1	2,777	936