AGYS Options History — March 2010

In March 2010, AGYS traded between $10.83 and $12.01. ATM implied volatility averaged 35.8%, placing in the 3.7% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 7.1% (HV 20d: 42.8%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 0.41.

Notable Days

2010-03-29: Highest Volume — 45 contracts
2010-03-23: Largest IV spike — 44.6% change
2010-03-12: Highest IV Rank — 11.1%
2010-03-08: Largest Expected Move — 16.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.34	$10.83	$12.01	$11.02	$11.17
Max Pain	$7.72	$7.50	$10.00	$7.50	$10.00
ATM IV	35.8%	27.7%	46.0%	34.1%	32.7%
Expected Move	10.9%	7.9%	16.0%	9.8%	9.4%
HV 20d	42.8%	34.8%	54.7%	53.6%	37.4%
HV 60d	50.7%	49.2%	51.6%	51.0%	50.1%
IV Rank	3.7%	0.0%	11.1%	0.0%	4.3%
IV Percentile	1.8%	0.0%	4.8%	0.0%	2.8%
Term Structure	10.3%	0.8%	21.3%	15.9%	7.0%
VWIV	36.1%	28.4%	55.0%	55.0%	35.9%
Skew 25d	3.0%	-8.9%	12.2%	-0.1%	3.5%
Skew 10d	9.5%	-13.7%	47.5%	-0.0%	12.6%
Call IV 25d	41.7%	28.5%	54.5%	33.5%	42.1%
Put IV 25d	44.7%	29.9%	58.9%	33.4%	45.5%
Bid-Ask Spread %	69.24	12.74	108.17	85.78	85.84
Gamma HHI	0.53	0.43	0.77	0.43	0.62
Net GEX	3.9K	3.3K	4.4K	3.3K	3.6K
Net DEX	-183.4K	-229.5K	-149.1K	-155.3K	-172.1K
Net VEX	-923	-993	-870	-885	-940
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.41	0.00	2.00	0.00	2.00
Total Volume	10.957	0	45	17	15
Total OI	545.13	513	594	528	553

Daily Data (23 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
2010-03-01	$11.02	$7.50	34.1%	9.8%	53.6%	0.0%	0.0%	-0.1%	15.9%	3.3K	-155.3K	-885	0.00	85.78	N/A	N/A	17	0	305	223
2010-03-02	$11.04	$7.50	34.7%	9.9%	53.6%	0.5%	0.0%	0.8%	15.2%	3.4K	-159.9K	-913	0.00	68.15	N/A	N/A	0	0	314	223
2010-03-03	$10.84	$7.50	37.2%	10.7%	54.7%	2.5%	0.0%	-4.7%	15.7%	3.4K	-149.3K	-894	0.00	87.84	N/A	N/A	15	0	314	223
2010-03-04	$10.83	$7.50	33.5%	9.6%	49.1%	0.0%	0.0%	-0.7%	21.3%	3.3K	-149.1K	-888	0.00	69.18	N/A	N/A	0	0	314	223
2010-03-05	$11.08	$7.50	35.4%	15.8%	45.5%	1.5%	0.0%	2.9%	0.8%	3.5K	-160.9K	-893	0.00	90.60	N/A	N/A	10	0	314	223
2010-03-08	$11.08	$7.50	39.3%	16.0%	44.0%	4.7%	55.0%	4.5%	1.9%	3.7K	-167.0K	-910	0.00	90.21	N/A	N/A	1	0	324	223
2010-03-09	$11.41	$7.50	41.7%	13.6%	43.1%	6.6%	0.0%	5.3%	4.4%	4.1K	-183.4K	-904	0.00	44.58	N/A	N/A	0	0	325	223
2010-03-10	$11.42	$7.50	33.9%	13.4%	43.2%	0.3%	30.1%	-0.6%	5.3%	3.9K	-191.6K	-903	0.00	73.49	N/A	N/A	15	0	325	223
2010-03-11	$11.49	$7.50	45.4%	13.0%	42.2%	9.9%	34.9%	-8.9%	6.2%	4.0K	-191.4K	-892	0.90	73.21	N/A	N/A	10	9	325	223
2010-03-12	$11.50	$7.50	46.0%	13.2%	40.1%	11.1%	0.0%	6.0%	5.2%	4.1K	-185.6K	-888	0.00	71.79	N/A	N/A	0	0	325	229
2010-03-15	$11.48	$7.50	43.9%	12.6%	39.5%	9.2%	0.0%	-5.4%	7.9%	4.1K	-184.8K	-870	1.00	72.94	N/A	N/A	10	10	325	229
2010-03-16	$11.80	$7.50	39.8%	11.4%	38.9%	5.6%	40.2%	5.2%	6.1%	4.4K	-203.7K	-918	0.00	71.50	N/A	N/A	5	0	335	239
2010-03-17	$11.77	$7.50	37.9%	10.9%	39.1%	3.9%	36.5%	10.1%	8.3%	4.4K	-205.4K	-923	0.00	74.38	N/A	N/A	19	0	340	239
2010-03-18	$12.01	$7.50	40.5%	11.6%	39.1%	6.2%	0.0%	3.5%	9.1%	4.3K	-229.5K	-954	0.00	53.86	N/A	N/A	20	0	349	239
2010-03-19	$11.28	$7.50	30.1%	8.6%	46.5%	0.0%	0.0%	0.2%	16.7%	4.3K	-190.7K	-936	0.63	85.79	N/A	N/A	16	10	355	239
2010-03-22	$11.45	$7.50	27.7%	7.9%	46.5%	0.0%	30.6%	1.4%	17.2%	4.1K	-196.8K	-955	0.00	67.45	N/A	N/A	0	5	359	154
2010-03-23	$11.72	$7.50	40.0%	11.5%	46.8%	10.5%	0.0%	12.2%	4.2%	4.4K	-210.6K	-993	0.00	29.85	N/A	N/A	0	0	359	154
2010-03-24	$11.29	$7.50	32.0%	9.2%	39.9%	3.7%	0.0%	9.0%	9.4%	4.4K	-190.9K	-958	0.00	108.17	N/A	N/A	0	14	359	154
2010-03-25	$11.31	$7.50	29.1%	8.3%	36.5%	1.2%	33.3%	4.4%	14.9%	3.9K	-188.6K	-961	0.00	43.99	N/A	N/A	6	0	359	168
2010-03-26	$11.21	$7.50	29.9%	8.6%	34.9%	1.9%	0.0%	4.9%	12.9%	4.0K	-184.2K	-951	0.00	46.75	N/A	N/A	0	0	360	168
2010-03-29	$11.17	$7.50	29.5%	8.5%	34.8%	1.6%	28.4%	5.5%	17.1%	3.8K	-172.6K	-910	1.25	12.74	N/A	N/A	20	25	360	168
2010-03-30	$11.51	$10.00	28.2%	8.1%	36.3%	0.5%	0.0%	9.8%	15.4%	3.5K	-193.7K	-979	0.00	84.37	N/A	N/A	0	0	360	193
2010-03-31	$11.17	$10.00	32.7%	9.4%	37.4%	4.3%	35.9%	3.5%	7.0%	3.6K	-172.1K	-940	2.00	85.84	N/A	N/A	5	10	360	193