AGYS Options History — January 2009

In January 2009, AGYS traded between $3.57 and $4.93. ATM implied volatility averaged 108.2%, placing in the 43.1% IV rank vs the trailing year. The 30-day expected move averaged 28.6%. IV traded below realized volatility by 18.3% (HV 20d: 126.5%). Max pain ranged from $5.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.33.

Notable Days

2009-01-21: Highest Volume — 25 contracts
2009-01-29: Largest IV spike — 64.2% change
2009-01-14: Highest IV Rank — 76.4%
2009-01-29: Largest Expected Move — 35.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.23	$3.57	$4.93	$4.57	$3.57
Max Pain	$5.56	$5.00	$10.00	$10.00	$5.00
ATM IV	108.2%	74.5%	166.1%	108.9%	120.2%
Expected Move	28.6%	21.4%	35.4%	31.2%	34.5%
HV 20d	126.5%	88.6%	159.1%	88.6%	159.0%
HV 60d	173.4%	166.8%	177.8%	171.0%	176.6%
IV Rank	43.1%	23.8%	76.4%	43.6%	50.1%
IV Percentile	83.3%	65.5%	98.0%	87.7%	90.1%
Term Structure	-5.1%	-30.7%	30.5%	-6.8%	-29.6%
VWIV	141.2%	141.2%	141.2%	141.2%	141.2%
Skew 25d	14.8%	-27.9%	53.3%	13.6%	17.9%
Skew 10d	26.4%	-17.0%	59.3%	38.5%	40.2%
Call IV 25d	78.6%	55.1%	97.8%	85.7%	86.2%
Put IV 25d	93.4%	65.3%	116.5%	99.4%	104.1%
Bid-Ask Spread %	102.70	56.48	117.28	99.19	111.63
Gamma HHI	0.56	0.26	0.88	0.34	0.88
Net GEX	29	6	79	15	47
Net DEX	8.4K	-2.5K	21.1K	15.5K	-1.8K
Net VEX	-9	-22	-2	-3	-17
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.00	1.00	1.00	0.00
Total Volume	3.25	0	25	0	0
Total OI	189.65	8	326	316	38

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2009-01-02	$4.57	$10.00	108.9%	31.2%	88.6%	43.6%	0.0%	13.6%	-6.8%	15	15.5K	-3	0.00	99.19	N/A	N/A	0	0	201	115
2009-01-05	$4.14	$0.00	97.5%	27.0%	97.8%	37.0%	0.0%	5.6%	-15.8%	9	14.1K	-2	0.00	101.70	N/A	N/A	0	0	201	115
2009-01-06	$4.93	$0.00	123.4%	31.6%	112.8%	51.9%	0.0%	53.3%	-15.1%	19	16.6K	-4	0.00	102.36	N/A	N/A	0	15	201	115
2009-01-07	$4.81	$0.00	124.6%	31.7%	109.2%	52.6%	0.0%	-4.9%	-16.7%	12	16.3K	-3	0.00	93.59	N/A	N/A	0	0	201	115
2009-01-08	$4.90	$0.00	130.6%	30.0%	106.8%	56.0%	0.0%	23.3%	-12.8%	18	16.6K	-3	0.00	104.12	N/A	N/A	0	0	201	115
2009-01-09	$4.67	$0.00	96.6%	29.5%	109.2%	36.5%	0.0%	26.1%	-8.6%	11	15.8K	-3	0.00	103.12	N/A	N/A	0	0	201	115
2009-01-12	$4.54	$0.00	114.3%	31.1%	109.8%	46.6%	0.0%	25.4%	-9.5%	10	15.4K	-3	0.00	95.82	N/A	N/A	0	0	201	115
2009-01-13	$4.41	$0.00	130.3%	27.2%	104.9%	55.9%	0.0%	9.9%	-8.0%	9	15.1K	-2	1.00	113.57	N/A	N/A	10	10	201	115
2009-01-14	$4.40	$0.00	166.1%	25.5%	104.0%	76.4%	0.0%	12.5%	9.2%	9	19.5K	-2	0.00	117.28	N/A	N/A	0	0	201	125
2009-01-15	$4.35	$0.00	100.9%	28.9%	99.6%	39.0%	0.0%	7.8%	-12.1%	8	19.3K	-2	0.00	103.81	N/A	N/A	0	0	201	125
2009-01-16	$4.79	$0.00	102.6%	29.4%	102.9%	39.9%	0.0%	18.9%	-12.3%	6	21.1K	-2	0.00	107.33	N/A	N/A	0	0	201	125
2009-01-20	$3.63	$0.00	118.3%	33.9%	138.3%	49.0%	141.2%	-27.9%	-27.4%	6	-248	-2	0.00	109.94	N/A	N/A	5	0	8	0
2009-01-21	$4.23	$5.00	90.0%	25.8%	148.0%	32.7%	0.0%	19.0%	24.7%	33	-1.1K	-4	0.00	112.40	N/A	N/A	25	0	13	0
2009-01-22	$3.66	$5.00	97.5%	28.0%	155.9%	37.0%	0.0%	-26.5%	-16.8%	67	-2.5K	-22	0.00	78.01	N/A	N/A	0	0	38	0
2009-01-23	$3.83	$5.00	74.5%	21.4%	155.8%	23.8%	0.0%	22.2%	30.5%	70	-2.4K	-21	0.00	109.89	N/A	N/A	0	0	38	0
2009-01-26	$3.79	$5.00	87.8%	25.2%	155.8%	31.4%	0.0%	22.5%	5.0%	52	-2.3K	-20	0.00	110.83	N/A	N/A	0	0	38	0
2009-01-27	$3.85	$5.00	80.6%	23.1%	155.9%	27.3%	0.0%	31.2%	24.4%	54	-2.2K	-21	0.00	112.24	N/A	N/A	0	0	38	0
2009-01-28	$3.99	$5.00	75.1%	21.5%	156.6%	24.1%	0.0%	29.4%	26.9%	79	-2.2K	-20	0.00	56.48	N/A	N/A	0	0	38	0
2009-01-29	$3.64	$5.00	123.4%	35.4%	159.1%	51.8%	0.0%	16.0%	-30.7%	50	-2.0K	-19	0.00	110.61	N/A	N/A	0	0	38	0
2009-01-30	$3.57	$5.00	120.2%	34.5%	159.0%	50.1%	0.0%	17.9%	-29.6%	47	-1.8K	-17	0.00	111.63	N/A	N/A	0	0	38	0