AGYS Options History — May 2011

In May 2011, AGYS traded between $4.60 and $6.81. ATM implied volatility averaged 84.1%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 22.6%. IV traded above realized volatility by 34.9% (HV 20d: 49.2%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.01.

Notable Days

2011-05-31: Highest Volume — 82 contracts
2011-05-12: Largest IV drop — 30.2% change
2011-05-11: Highest IV Rank — 42.7%
2011-05-04: Largest Expected Move — 26.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.97	$4.60	$6.81	$4.98	$6.81
Max Pain	$3.27	$2.50	$5.00	$5.00	$2.50
ATM IV	84.1%	61.4%	105.8%	85.8%	61.4%
Expected Move	22.6%	17.6%	26.1%	24.6%	17.6%
HV 20d	49.2%	27.7%	136.0%	34.2%	136.0%
HV 60d	47.2%	40.7%	83.5%	47.8%	83.5%
IV Rank	27.6%	11.9%	42.7%	28.8%	11.9%
IV Percentile	57.3%	9.1%	90.9%	67.9%	9.1%
Term Structure	-12.7%	-26.1%	7.8%	-10.6%	-23.6%
VWIV	108.0%	62.5%	153.5%	153.5%	62.5%
Bid-Ask Spread %	147.91	116.05	196.36	146.67	116.05
Gamma HHI	0.56	0.48	0.70	0.58	0.58
Net GEX	402	89	1.1K	247	1.1K
Net DEX	-6.8K	-74.6K	6.9K	-7.4K	-74.6K
Net VEX	-162	-233	-125	-185	-233
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.05	0.00	0.05
Total Volume	8.571	0	82	0	82
Total OI	261.667	241	277	267	258

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
2011-05-02	$4.98	$5.00	85.8%	24.6%	34.2%	28.8%	0.0%	0.0%	-10.6%	247	-7.4K	-185	0.00	146.67	N/A	N/A	0	0	187	80
2011-05-03	$4.95	$5.00	88.4%	25.3%	34.0%	30.5%	0.0%	0.0%	-18.5%	190	-2.2K	-173	0.00	149.70	N/A	N/A	10	0	187	80
2011-05-04	$4.91	$5.00	91.2%	26.1%	33.9%	32.5%	0.0%	0.0%	-21.3%	223	-2.5K	-174	0.00	149.84	N/A	N/A	0	10	187	80
2011-05-05	$4.97	$5.00	90.5%	26.0%	34.6%	32.0%	0.0%	0.0%	-16.0%	184	-1.9K	-188	0.00	149.70	N/A	N/A	0	0	187	90
2011-05-06	$5.00	$0.00	96.4%	20.6%	30.3%	36.1%	0.0%	0.0%	-6.2%	191	-2.7K	-192	0.00	146.67	N/A	N/A	0	0	187	90
2011-05-09	$4.91	$0.00	87.3%	20.4%	27.7%	29.8%	0.0%	0.0%	-4.6%	89	-556	-180	0.00	149.84	N/A	N/A	0	0	187	90
2011-05-10	$5.35	$0.00	103.3%	18.5%	41.8%	40.9%	0.0%	0.0%	7.8%	249	-6.8K	-180	0.00	138.88	N/A	N/A	0	20	187	90
2011-05-11	$5.05	$0.00	105.8%	20.7%	45.7%	42.7%	0.0%	0.0%	-3.8%	390	-8.1K	-173	0.00	149.70	N/A	N/A	0	0	187	70
2011-05-12	$5.18	$0.00	73.9%	21.2%	46.5%	20.5%	0.0%	0.0%	-12.3%	425	-8.4K	-172	0.00	146.96	N/A	N/A	0	0	187	70
2011-05-13	$5.15	$0.00	71.1%	20.4%	46.5%	18.6%	0.0%	0.0%	-4.2%	392	-7.2K	-167	0.00	149.99	N/A	N/A	0	0	187	70
2011-05-16	$4.82	$0.00	76.8%	22.0%	52.0%	22.5%	0.0%	0.0%	-10.4%	208	-625	-148	0.00	149.99	N/A	N/A	16	0	187	70
2011-05-17	$4.73	$0.00	78.4%	22.5%	52.3%	23.6%	153.5%	0.0%	-15.4%	314	628	-144	0.00	149.27	N/A	N/A	2	0	191	70
2011-05-18	$4.76	$2.50	77.3%	22.2%	52.3%	22.9%	0.0%	0.0%	-11.2%	317	-142	-146	0.00	146.39	N/A	N/A	0	0	191	70
2011-05-19	$4.60	$2.50	81.4%	23.3%	53.0%	25.7%	0.0%	0.0%	-12.6%	472	6.0K	-132	0.00	143.48	N/A	N/A	0	0	191	70
2011-05-20	$4.68	$2.50	77.8%	22.3%	53.4%	23.2%	0.0%	0.0%	-12.3%	482	6.9K	-126	0.00	143.35	N/A	N/A	0	0	191	70
2011-05-23	$4.64	$2.50	82.2%	23.6%	52.3%	26.3%	0.0%	0.0%	-15.5%	499	-4.6K	-134	0.00	146.54	N/A	N/A	0	0	191	50
2011-05-24	$4.61	$2.50	78.8%	22.6%	51.9%	23.9%	0.0%	0.0%	-26.1%	491	-2.4K	-125	0.00	142.06	N/A	N/A	40	0	191	50
2011-05-25	$4.64	$2.50	85.6%	24.5%	51.8%	28.6%	0.0%	0.0%	-17.7%	620	-7.8K	-144	0.00	145.34	N/A	N/A	0	0	208	50
2011-05-26	$4.75	$2.50	87.1%	25.0%	52.0%	29.7%	0.0%	0.0%	-17.0%	657	-8.9K	-144	0.00	149.41	N/A	N/A	0	0	208	50
2011-05-27	$4.78	$2.50	86.3%	24.7%	52.1%	29.1%	0.0%	0.0%	-14.2%	676	-10.1K	-148	0.00	196.36	N/A	N/A	0	0	208	50
2011-05-31	$6.81	$2.50	61.4%	17.6%	136.0%	11.9%	62.5%	0.0%	-23.6%	1.1K	-74.6K	-233	0.05	116.05	N/A	N/A	78	4	208	50