AGYS Options History — October 2011

In October 2011, AGYS traded between $6.56 and $9.00. ATM implied volatility averaged 57.9%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 25.3% (HV 20d: 83.2%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2011-10-28: Highest Volume — 40 contracts
2011-10-06: Largest IV drop — 30.7% change
2011-10-05: Highest IV Rank — 19.1%
2011-10-05: Largest Expected Move — 21.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.31	$6.56	$9.00	$6.56	$8.49
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	57.9%	48.2%	73.2%	61.7%	63.3%
Expected Move	17.1%	13.8%	21.0%	17.7%	18.2%
HV 20d	83.2%	64.4%	88.3%	64.4%	78.0%
HV 60d	78.8%	72.2%	80.8%	72.2%	78.7%
IV Rank	8.3%	1.5%	19.1%	11.0%	12.1%
IV Percentile	15.4%	2.0%	39.3%	18.7%	27.4%
Term Structure	5.5%	-9.9%	30.5%	9.4%	-9.9%
Skew 25d	9.0%	-5.7%	43.7%	12.4%	-5.7%
Skew 10d	21.5%	-2.8%	71.8%	15.7%	16.3%
Call IV 25d	53.9%	43.3%	75.2%	67.9%	57.0%
Put IV 25d	62.9%	46.3%	95.5%	80.3%	51.3%
Bid-Ask Spread %	107.73	94.97	116.07	94.97	109.41
Gamma HHI	0.75	0.60	0.89	0.62	0.89
Net GEX	2.5K	984	4.1K	984	3.8K
Net DEX	-94.1K	-160.3K	34.3K	34.3K	-113.5K
Net VEX	-622	-673	-487	-487	-641
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	3.667	0	40	7	0
Total OI	574.476	378	659	645	418

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
2011-10-03	$6.56	$7.50	61.7%	17.7%	64.4%	11.0%	0.0%	12.4%	9.4%	984	34.3K	-487	94.97	N/A	N/A	7	0	434	211
2011-10-04	$7.54	$7.50	72.2%	20.7%	83.4%	18.3%	0.0%	1.8%	5.5%	1.3K	-21.3K	-644	106.09	N/A	N/A	0	0	441	211
2011-10-05	$7.83	$7.50	73.2%	21.0%	81.4%	19.1%	0.0%	4.5%	-5.4%	1.4K	-45.0K	-671	107.23	N/A	N/A	0	0	441	211
2011-10-06	$7.92	$7.50	50.7%	14.5%	81.6%	3.3%	0.0%	8.7%	30.5%	1.5K	-57.7K	-653	114.61	N/A	N/A	0	0	441	211
2011-10-07	$7.62	$0.00	62.5%	20.3%	80.9%	11.6%	0.0%	18.2%	-6.7%	1.4K	-37.0K	-650	102.34	N/A	N/A	0	0	441	211
2011-10-10	$8.14	$0.00	55.1%	20.9%	84.2%	6.4%	0.0%	43.7%	-8.0%	1.7K	-80.3K	-624	100.77	N/A	N/A	1	0	441	211
2011-10-11	$8.02	$0.00	62.4%	20.2%	82.7%	11.5%	0.0%	42.6%	-7.9%	2.4K	-99.2K	-553	102.88	N/A	N/A	0	0	440	211
2011-10-12	$8.64	$0.00	66.7%	20.5%	87.3%	14.5%	0.0%	11.4%	-4.4%	2.2K	-125.9K	-669	98.78	N/A	N/A	0	0	440	211
2011-10-13	$8.57	$0.00	69.7%	20.0%	86.6%	16.6%	0.0%	6.3%	-4.2%	2.1K	-124.5K	-673	101.01	N/A	N/A	0	0	440	211
2011-10-14	$8.88	$0.00	50.2%	14.4%	87.7%	2.9%	0.0%	-0.7%	-1.2%	2.6K	-144.6K	-671	116.07	N/A	N/A	20	0	440	211
2011-10-17	$8.59	$0.00	56.0%	16.0%	88.3%	7.0%	0.0%	0.8%	-4.0%	2.4K	-127.7K	-670	110.52	N/A	N/A	0	0	446	211
2011-10-18	$8.73	$0.00	49.8%	14.3%	86.9%	2.7%	0.0%	5.8%	15.8%	3.1K	-135.7K	-630	111.19	N/A	N/A	0	0	446	211
2011-10-19	$8.38	$0.00	50.8%	14.6%	87.4%	3.4%	0.0%	-0.9%	19.9%	2.2K	-116.9K	-630	111.20	N/A	N/A	2	0	446	211
2011-10-20	$8.20	$0.00	49.2%	14.1%	81.7%	2.2%	0.0%	2.5%	15.0%	2.1K	-94.1K	-570	112.57	N/A	N/A	0	4	448	211
2011-10-21	$8.59	$0.00	54.4%	15.6%	83.1%	5.9%	0.0%	5.6%	4.8%	3.1K	-160.3K	-610	111.02	N/A	N/A	0	0	448	169
2011-10-24	$8.81	$0.00	53.4%	15.3%	83.2%	5.1%	0.0%	7.5%	17.5%	3.4K	-111.5K	-620	108.78	N/A	N/A	3	0	338	40
2011-10-25	$8.37	$0.00	50.1%	14.4%	85.5%	2.9%	0.0%	-4.5%	6.9%	3.0K	-94.5K	-591	110.13	N/A	N/A	0	0	338	40
2011-10-26	$8.95	$0.00	59.5%	17.1%	83.9%	9.5%	0.0%	12.9%	26.5%	3.6K	-110.1K	-619	108.68	N/A	N/A	0	0	338	40
2011-10-27	$9.00	$0.00	48.2%	13.8%	83.9%	1.5%	0.0%	8.3%	4.2%	4.1K	-104.2K	-589	112.22	N/A	N/A	0	0	338	40
2011-10-28	$8.66	$0.00	55.8%	16.0%	84.5%	6.9%	0.0%	8.1%	11.1%	3.7K	-106.2K	-592	111.87	N/A	N/A	40	0	338	40
2011-10-31	$8.49	$0.00	63.3%	18.2%	78.0%	12.1%	0.0%	-5.7%	-9.9%	3.8K	-113.5K	-641	109.41	N/A	N/A	0	0	378	40