AGYS Options History — September 2011

In September 2011, AGYS traded between $7.13 and $9.14. ATM implied volatility averaged 73.2%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 4.8% (HV 20d: 68.4%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2011-09-20: Highest Volume — 25 contracts
2011-09-15: Largest IV drop — 40.6% change
2011-09-14: Highest IV Rank — 46.9%
2011-09-22: Largest Expected Move — 21.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.27	$7.13	$9.14	$8.69	$7.13
Max Pain	$7.74	$7.50	$10.00	$10.00	$7.50
ATM IV	73.2%	53.5%	112.9%	73.4%	59.1%
Expected Move	18.5%	15.3%	21.5%	21.0%	16.9%
HV 20d	68.4%	58.6%	90.9%	88.8%	62.4%
HV 60d	66.7%	63.4%	70.3%	63.4%	70.3%
IV Rank	19.1%	5.3%	46.9%	19.2%	9.2%
IV Percentile	39.8%	5.2%	93.3%	38.1%	13.1%
Term Structure	-1.6%	-17.8%	17.2%	-1.6%	3.6%
VWIV	49.1%	43.3%	56.2%	48.0%	43.3%
Skew 25d	13.2%	-16.5%	66.9%	-0.4%	3.9%
Skew 10d	31.3%	4.3%	99.8%	7.5%	11.4%
Call IV 25d	58.4%	46.7%	73.4%	67.3%	66.8%
Put IV 25d	71.6%	38.4%	134.6%	66.8%	70.7%
Bid-Ask Spread %	108.65	101.97	120.09	115.61	107.36
Gamma HHI	0.68	0.60	0.76	0.76	0.61
Net GEX	2.0K	1.2K	2.8K	2.7K	1.2K
Net DEX	-99.1K	-172.9K	2.2K	-143.2K	-822
Net VEX	-814	-950	-575	-950	-599
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	2.524	0	25	0	0
Total OI	623.143	603	645	603	645

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	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2011-09-01	$8.69	$10.00	73.4%	21.0%	88.8%	19.2%	0.0%	-0.4%	-1.6%	2.7K	-143.2K	-950	115.61	N/A	N/A	0	0	428	175
2011-09-02	$8.11	$10.00	62.5%	17.9%	90.9%	11.6%	0.0%	-16.5%	1.3%	2.0K	-108.7K	-890	111.67	N/A	N/A	0	0	428	175
2011-09-06	$8.20	$7.50	78.8%	21.2%	88.2%	23.0%	0.0%	45.5%	-8.8%	1.9K	-98.1K	-851	102.50	N/A	N/A	0	0	428	175
2011-09-07	$8.71	$7.50	95.0%	15.3%	78.4%	34.4%	48.0%	3.3%	5.1%	2.6K	-143.2K	-874	120.09	N/A	N/A	0	14	428	175
2011-09-08	$8.67	$7.50	101.2%	17.7%	75.1%	38.7%	0.0%	3.1%	-17.8%	2.4K	-139.2K	-921	117.69	N/A	N/A	0	0	428	188
2011-09-09	$8.25	$7.50	79.8%	20.7%	71.4%	23.7%	0.0%	23.9%	-11.7%	2.0K	-102.1K	-882	104.78	N/A	N/A	0	0	428	188
2011-09-12	$8.45	$7.50	86.0%	20.4%	71.7%	28.0%	0.0%	25.9%	-9.2%	2.0K	-109.7K	-868	105.20	N/A	N/A	0	0	428	188
2011-09-13	$8.81	$7.50	88.4%	17.1%	63.1%	29.8%	0.0%	15.4%	0.3%	2.3K	-146.7K	-913	101.97	N/A	N/A	0	0	428	188
2011-09-14	$8.86	$7.50	112.9%	18.9%	61.5%	46.9%	0.0%	-8.5%	-4.9%	2.3K	-155.9K	-910	108.31	N/A	N/A	0	0	428	188
2011-09-15	$9.11	$7.50	67.0%	19.2%	62.0%	14.7%	0.0%	-6.2%	-6.9%	2.5K	-164.2K	-896	105.81	N/A	N/A	0	0	428	188
2011-09-16	$9.14	$7.50	58.5%	16.8%	58.6%	8.7%	0.0%	4.9%	11.4%	2.5K	-172.9K	-909	112.16	N/A	N/A	0	0	428	188
2011-09-19	$9.03	$7.50	55.0%	15.8%	59.0%	6.3%	56.2%	5.9%	8.8%	2.8K	-165.2K	-850	119.75	N/A	N/A	0	4	424	188
2011-09-20	$8.61	$7.50	55.9%	16.0%	61.6%	7.0%	43.3%	-8.3%	-11.4%	2.4K	-136.6K	-855	109.48	N/A	N/A	0	25	424	186
2011-09-21	$8.33	$7.50	53.5%	15.4%	59.6%	5.3%	0.0%	9.8%	17.2%	1.8K	-94.7K	-807	106.84	N/A	N/A	0	0	424	211
2011-09-22	$7.64	$7.50	75.0%	21.5%	66.5%	20.4%	0.0%	27.2%	-6.3%	1.3K	-32.3K	-712	105.64	N/A	N/A	10	0	424	211
2011-09-23	$7.71	$7.50	72.1%	20.7%	66.6%	18.3%	0.0%	16.2%	-2.6%	1.5K	-47.6K	-744	104.49	N/A	N/A	0	0	434	211
2011-09-26	$7.87	$7.50	63.5%	18.2%	65.8%	12.2%	0.0%	45.7%	3.0%	1.5K	-48.0K	-711	104.72	N/A	N/A	0	0	434	211
2011-09-27	$7.81	$7.50	62.7%	18.0%	59.6%	11.7%	0.0%	12.4%	1.9%	1.6K	-53.6K	-716	104.60	N/A	N/A	0	0	434	211
2011-09-28	$7.29	$7.50	68.7%	19.7%	63.2%	15.9%	0.0%	7.9%	-2.5%	1.3K	-20.7K	-666	108.06	N/A	N/A	0	0	434	211
2011-09-29	$7.34	$7.50	68.1%	19.5%	63.0%	15.5%	0.0%	66.9%	-2.5%	1.2K	2.2K	-575	104.94	N/A	N/A	0	0	434	211
2011-09-30	$7.13	$7.50	59.1%	16.9%	62.4%	9.2%	0.0%	3.9%	3.6%	1.2K	-822	-599	107.36	N/A	N/A	0	0	434	211