AGYS Options History — August 2008

In August 2008, AGYS traded between $11.18 and $13.06. ATM implied volatility averaged 50.5%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded above realized volatility by 8.8% (HV 20d: 41.7%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.25.

Notable Days

2008-08-15: Highest Volume — 30 contracts
2008-08-11: Largest IV spike — 40.5% change
2008-08-01: Highest IV Rank — 21.4%
2008-08-01: Largest Expected Move — 16.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.50	$11.18	$13.06	$11.70	$13.01
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	50.5%	33.2%	58.4%	58.4%	50.1%
Expected Move	15.5%	14.4%	16.7%	16.7%	14.4%
HV 20d	41.7%	36.2%	47.9%	36.2%	38.8%
HV 60d	45.5%	39.1%	47.4%	45.4%	39.1%
IV Rank	17.3%	8.1%	21.4%	21.4%	17.1%
IV Percentile	46.7%	1.6%	73.0%	73.0%	40.1%
Term Structure	-2.1%	-5.7%	1.3%	-5.1%	1.1%
VWIV	53.4%	53.4%	53.4%	53.4%	53.4%
Skew 25d	10.3%	-10.7%	21.9%	-10.7%	17.1%
Skew 10d	11.4%	-9.4%	29.0%	-9.4%	14.4%
Call IV 25d	41.6%	32.4%	56.8%	56.8%	32.8%
Put IV 25d	51.9%	45.0%	65.3%	46.1%	49.8%
Bid-Ask Spread %	44.29	21.57	64.28	37.89	64.28
Gamma HHI	0.38	0.33	0.50	0.38	0.34
Net GEX	4.0K	3.2K	4.9K	3.4K	4.9K
Net DEX	-236.9K	-287.2K	-139.8K	-193.9K	-270.7K
Net VEX	-1.0K	-1.1K	-888	-1.1K	-888
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.25	0.00	1.00	1.00	0.00
Total Volume	3	0	30	0	0
Total OI	485.048	454	510	510	464

Daily Data (21 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
2008-08-01	$11.70	$12.50	58.4%	16.7%	36.2%	21.4%	0.0%	-10.7%	-5.1%	3.4K	-193.9K	-1.1K	0.00	37.89	N/A	N/A	0	0	405	105
2008-08-04	$11.41	$12.50	54.2%	16.3%	37.1%	19.2%	0.0%	13.3%	-2.9%	3.2K	-176.1K	-1.1K	0.00	34.30	N/A	N/A	0	0	405	105
2008-08-05	$11.76	$12.50	54.3%	14.9%	38.3%	19.3%	0.0%	16.9%	0.5%	3.4K	-173.7K	-1.1K	0.00	32.75	N/A	N/A	0	0	405	105
2008-08-06	$11.60	$12.50	40.9%	16.1%	37.8%	12.2%	0.0%	17.1%	-1.9%	3.4K	-173.4K	-1.1K	0.00	34.04	N/A	N/A	0	0	405	105
2008-08-07	$11.18	$12.50	39.6%	16.5%	39.6%	11.5%	0.0%	10.6%	-2.9%	3.5K	-139.8K	-1.0K	1.00	21.57	N/A	N/A	1	1	405	105
2008-08-08	$11.71	$12.50	33.2%	15.6%	42.6%	8.1%	0.0%	19.7%	-4.5%	3.6K	-187.4K	-1.0K	0.00	35.31	N/A	N/A	0	4	406	100
2008-08-11	$12.49	$12.50	46.6%	15.3%	47.7%	15.2%	53.4%	20.7%	-3.0%	3.2K	-221.4K	-1.1K	0.00	63.63	N/A	N/A	5	0	406	104
2008-08-12	$12.85	$12.50	43.4%	15.8%	47.9%	13.5%	0.0%	21.9%	1.3%	3.6K	-258.7K	-1.1K	0.00	53.89	N/A	N/A	0	2	406	104
2008-08-13	$13.06	$12.50	53.7%	16.1%	46.5%	19.0%	0.0%	5.8%	-5.7%	3.8K	-287.2K	-1.1K	0.00	41.59	N/A	N/A	0	0	406	104
2008-08-14	$12.91	$12.50	54.1%	15.5%	47.0%	19.2%	0.0%	0.1%	-2.4%	3.5K	-282.7K	-1.1K	0.00	47.76	N/A	N/A	0	0	406	104
2008-08-15	$12.85	$12.50	54.1%	15.5%	44.2%	19.2%	0.0%	-2.1%	-4.1%	3.2K	-276.7K	-1.1K	0.00	39.59	N/A	N/A	30	0	406	104
2008-08-18	$12.89	$12.50	53.3%	15.3%	43.8%	18.8%	0.0%	-2.3%	-2.1%	4.6K	-260.7K	-976	0.00	37.84	N/A	N/A	0	0	382	72
2008-08-19	$12.69	$12.50	51.0%	14.6%	41.9%	17.6%	0.0%	12.7%	-0.0%	4.6K	-252.8K	-942	0.00	54.76	N/A	N/A	0	0	382	72
2008-08-20	$12.90	$12.50	54.9%	15.7%	41.4%	19.6%	0.0%	-2.1%	-2.3%	4.7K	-264.2K	-972	0.00	38.30	N/A	N/A	0	0	382	72
2008-08-21	$12.96	$12.50	52.0%	14.9%	41.2%	18.1%	0.0%	13.9%	-1.2%	4.8K	-260.8K	-917	0.00	51.74	N/A	N/A	0	0	382	72
2008-08-22	$12.99	$12.50	51.8%	14.9%	41.1%	18.0%	0.0%	8.1%	-0.1%	4.7K	-267.4K	-960	0.00	42.16	N/A	N/A	0	0	382	72
2008-08-25	$12.71	$12.50	52.8%	15.1%	41.0%	18.5%	0.0%	12.3%	-0.0%	4.6K	-252.3K	-913	0.00	45.30	N/A	N/A	0	10	382	72
2008-08-26	$12.92	$12.50	53.3%	15.3%	41.2%	18.7%	0.0%	13.3%	-2.9%	4.7K	-251.8K	-945	0.00	51.19	N/A	N/A	0	0	382	82
2008-08-27	$12.93	$12.50	54.3%	15.6%	40.9%	19.3%	0.0%	16.5%	-3.1%	4.7K	-257.7K	-907	0.00	48.23	N/A	N/A	0	0	382	82
2008-08-28	$12.98	$12.50	54.5%	15.6%	40.3%	19.4%	0.0%	13.6%	-3.6%	4.8K	-265.5K	-903	0.00	53.98	N/A	N/A	10	0	382	82
2008-08-29	$13.01	$12.50	50.1%	14.4%	38.8%	17.1%	0.0%	17.1%	1.1%	4.9K	-270.7K	-888	0.00	64.28	N/A	N/A	0	0	382	82