AGYS Options History — May 2010

In May 2010, AGYS traded between $6.74 and $8.98. ATM implied volatility averaged 80.7%, placing in the 45.2% IV rank vs the trailing year. The 30-day expected move averaged 22.6%. IV traded below realized volatility by 8.2% (HV 20d: 88.9%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.60.

Notable Days

2010-05-07: Highest Volume — 125 contracts
2010-05-06: Largest IV spike — 83.9% change
2010-05-06: Highest IV Rank — 93.4%
2010-05-06: Largest Expected Move — 39.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.44	$6.74	$8.98	$8.98	$6.74
Max Pain	$8.75	$7.50	$12.50	$12.50	$7.50
ATM IV	80.7%	44.6%	137.4%	44.6%	97.9%
Expected Move	22.6%	12.8%	39.4%	12.8%	28.1%
HV 20d	88.9%	72.8%	96.5%	72.9%	95.8%
HV 60d	62.7%	55.8%	66.1%	56.3%	64.7%
IV Rank	45.2%	14.5%	93.4%	14.5%	59.8%
IV Percentile	64.2%	15.9%	99.6%	15.9%	95.6%
Term Structure	-2.7%	-32.4%	17.6%	13.5%	-1.3%
VWIV	77.2%	43.7%	124.9%	43.7%	89.8%
Skew 25d	7.5%	-29.2%	89.3%	9.5%	-9.9%
Skew 10d	9.0%	-49.7%	139.5%	4.0%	-29.2%
Call IV 25d	70.5%	41.7%	102.8%	41.7%	100.6%
Put IV 25d	78.0%	51.2%	163.1%	51.2%	90.6%
Bid-Ask Spread %	106.78	73.63	141.85	73.63	135.95
Gamma HHI	0.45	0.35	0.71	0.49	0.36
Net GEX	1.2K	599	1.6K	655	1.2K
Net DEX	48.2K	6.5K	78.4K	63.9K	14.4K
Net VEX	-480	-589	-369	-543	-541
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.00	3.33	0.19	0.00
Total Volume	28.05	0	125	124	0
Total OI	625.05	467	703	467	681

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
2010-05-03	$8.98	$12.50	44.6%	12.8%	72.9%	14.5%	43.7%	9.5%	13.5%	655	63.9K	-543	0.19	73.63	N/A	N/A	104	20	294	173
2010-05-04	$8.81	$12.50	47.1%	13.5%	72.8%	16.7%	0.0%	10.5%	17.6%	970	63.4K	-564	3.33	115.75	N/A	N/A	9	30	333	183
2010-05-05	$8.60	$12.50	74.7%	21.4%	72.9%	40.1%	0.0%	7.7%	-22.8%	1.0K	50.6K	-542	0.00	128.98	N/A	N/A	11	0	324	173
2010-05-06	$8.20	$12.50	137.4%	39.4%	73.8%	93.4%	0.0%	11.3%	-32.4%	1.4K	41.6K	-533	0.00	141.85	N/A	N/A	0	14	315	173
2010-05-07	$7.13	$10.00	112.6%	20.5%	85.0%	72.3%	124.9%	-29.2%	-4.9%	599	39.6K	-470	0.33	124.06	N/A	N/A	94	31	315	167
2010-05-10	$7.77	$10.00	67.0%	19.0%	93.5%	33.6%	66.3%	13.7%	-0.1%	974	78.4K	-426	0.43	92.76	N/A	N/A	74	32	399	198
2010-05-11	$7.56	$7.50	64.3%	19.0%	93.5%	31.3%	66.2%	12.7%	-1.0%	1.3K	63.9K	-413	0.00	100.23	N/A	N/A	31	0	448	183
2010-05-12	$7.65	$7.50	60.2%	18.7%	92.8%	27.8%	0.0%	20.1%	6.9%	1.6K	59.6K	-425	0.00	98.70	N/A	N/A	0	0	479	183
2010-05-13	$7.52	$7.50	68.1%	19.5%	92.4%	34.5%	0.0%	13.2%	-2.6%	1.6K	58.7K	-433	0.00	99.97	N/A	N/A	0	0	479	183
2010-05-14	$7.32	$7.50	71.1%	20.4%	92.5%	37.0%	0.0%	7.5%	-1.5%	1.4K	58.6K	-427	0.00	97.91	N/A	N/A	22	0	479	183
2010-05-17	$7.09	$7.50	74.3%	21.3%	92.1%	39.7%	0.0%	0.9%	-2.4%	1.3K	62.6K	-410	0.00	101.21	N/A	N/A	0	2	501	183
2010-05-18	$6.76	$7.50	81.6%	23.4%	91.2%	46.0%	0.0%	-6.3%	-6.2%	1.1K	56.3K	-384	0.00	97.17	N/A	N/A	0	0	501	175
2010-05-19	$7.00	$7.50	72.3%	20.7%	93.0%	38.1%	72.2%	-8.7%	-1.3%	1.1K	62.5K	-369	1.09	89.89	N/A	N/A	11	12	501	175
2010-05-20	$6.83	$7.50	77.2%	22.1%	91.3%	42.3%	0.0%	-5.4%	-3.9%	1.0K	60.2K	-406	0.00	103.35	N/A	N/A	0	10	506	187
2010-05-21	$6.93	$7.50	89.7%	25.7%	92.2%	52.8%	89.8%	-3.8%	-2.8%	1.2K	49.5K	-493	0.00	107.64	N/A	N/A	4	0	506	197
2010-05-24	$7.19	$7.50	91.8%	26.3%	94.5%	54.7%	0.0%	4.6%	-3.0%	1.6K	6.5K	-550	0.00	110.88	N/A	N/A	0	40	496	155
2010-05-25	$6.90	$7.50	96.4%	27.6%	94.7%	58.6%	0.0%	89.3%	-5.0%	1.2K	23.3K	-560	0.00	93.49	N/A	N/A	0	0	496	195
2010-05-26	$6.77	$7.50	91.1%	26.1%	94.6%	54.0%	0.0%	3.6%	1.7%	1.0K	30.9K	-531	0.00	112.41	N/A	N/A	0	0	496	195
2010-05-27	$7.06	$7.50	94.4%	27.1%	96.5%	56.8%	0.0%	8.7%	-3.1%	1.3K	18.7K	-589	0.00	109.69	N/A	N/A	0	10	496	195
2010-05-28	$6.74	$7.50	97.9%	28.1%	95.8%	59.8%	0.0%	-9.9%	-1.3%	1.2K	14.4K	-541	0.00	135.95	N/A	N/A	0	0	496	185