AGYS Options History — November 2011

In November 2011, AGYS traded between $7.26 and $8.90. ATM implied volatility averaged 57.9%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 5.7% (HV 20d: 63.6%). 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

2011-11-29: Highest Volume — 1,655 contracts
2011-11-29: Largest IV drop — 24.1% change
2011-11-09: Highest IV Rank — 18.0%
2011-11-22: Largest Expected Move — 19.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.19	$7.26	$8.90	$8.03	$8.13
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	57.9%	47.5%	71.6%	60.3%	58.9%
Expected Move	16.5%	13.6%	19.6%	17.3%	16.9%
HV 20d	63.6%	57.6%	73.2%	65.9%	73.2%
HV 60d	71.3%	69.5%	78.5%	78.5%	73.4%
IV Rank	8.3%	1.0%	18.0%	10.0%	9.0%
IV Percentile	19.0%	1.2%	43.3%	20.2%	20.6%
Term Structure	0.3%	-24.6%	16.9%	-2.3%	-24.6%
VWIV	60.2%	52.4%	68.1%	52.4%	68.1%
Skew 25d	8.0%	-7.4%	27.4%	-5.0%	-7.4%
Skew 10d	21.8%	2.9%	68.1%	25.9%	35.3%
Call IV 25d	55.3%	42.9%	72.6%	64.6%	60.0%
Put IV 25d	63.3%	46.9%	85.7%	59.6%	52.7%
Bid-Ask Spread %	110.51	103.54	123.94	110.57	111.07
Gamma HHI	0.87	0.80	0.92	0.87	0.80
Net GEX	4.7K	1.8K	29.2K	3.2K	29.2K
Net DEX	-118.7K	-886.5K	-19.1K	-84.7K	-886.5K
Net VEX	-529	-1.1K	-244	-562	-1.1K
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	79.381	0	1,655	0	2
Total OI	489.429	418	1,828	418	1,828

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	Call OI	Put OI
2011-11-01	$8.03	$0.00	60.3%	17.3%	65.9%	10.0%	0.0%	-5.0%	-2.3%	3.2K	-84.7K	-562	110.57	N/A	N/A	0	378	40
2011-11-02	$8.56	$0.00	57.3%	16.4%	68.3%	7.9%	0.0%	7.3%	8.2%	3.7K	-98.3K	-603	110.13	N/A	N/A	0	378	40
2011-11-03	$8.87	$0.00	54.6%	15.7%	69.2%	6.0%	0.0%	11.7%	9.9%	4.0K	-120.2K	-639	109.35	N/A	N/A	0	378	40
2011-11-04	$8.60	$0.00	57.6%	18.4%	68.6%	8.2%	0.0%	4.0%	0.1%	3.8K	-117.3K	-623	104.18	N/A	N/A	0	378	40
2011-11-07	$8.31	$0.00	53.8%	18.5%	66.1%	5.5%	0.0%	27.4%	-2.4%	3.5K	-86.1K	-560	103.54	N/A	N/A	0	378	40
2011-11-08	$8.14	$0.00	60.1%	15.6%	66.4%	9.9%	0.0%	13.4%	5.5%	3.5K	-72.2K	-501	108.52	N/A	N/A	0	378	40
2011-11-09	$8.02	$0.00	71.6%	15.0%	60.5%	18.0%	0.0%	11.7%	12.4%	3.4K	-79.4K	-513	110.61	N/A	N/A	0	378	40
2011-11-10	$8.23	$0.00	60.5%	17.4%	61.4%	10.2%	0.0%	14.4%	-1.6%	3.6K	-80.7K	-529	108.85	N/A	N/A	0	378	40
2011-11-11	$8.66	$0.00	49.3%	14.1%	62.9%	2.3%	0.0%	4.4%	10.1%	4.2K	-108.2K	-592	110.97	N/A	N/A	0	378	40
2011-11-14	$8.65	$0.00	59.9%	17.2%	61.7%	9.7%	0.0%	-1.1%	-16.4%	4.4K	-111.7K	-588	110.36	N/A	N/A	0	378	40
2011-11-15	$8.90	$0.00	49.2%	14.1%	62.3%	2.2%	0.0%	2.4%	16.9%	4.4K	-111.1K	-576	112.13	N/A	N/A	10	378	40
2011-11-16	$8.59	$0.00	49.6%	14.2%	61.8%	2.5%	0.0%	0.8%	8.1%	4.4K	-114.9K	-571	112.20	N/A	N/A	0	388	40
2011-11-17	$8.68	$0.00	47.5%	13.6%	61.3%	1.0%	0.0%	7.5%	2.3%	4.4K	-98.5K	-538	112.45	N/A	N/A	0	388	40
2011-11-18	$8.47	$0.00	52.9%	15.2%	59.8%	4.9%	0.0%	-1.6%	3.2%	4.2K	-99.4K	-557	113.51	N/A	N/A	0	388	40
2011-11-21	$7.98	$0.00	59.8%	17.1%	62.4%	9.6%	0.0%	7.0%	-5.7%	3.2K	-60.0K	-436	114.32	N/A	N/A	0	388	40
2011-11-22	$7.58	$0.00	68.2%	19.6%	62.4%	15.6%	0.0%	14.0%	-8.7%	2.5K	-41.6K	-366	110.21	N/A	N/A	0	388	40
2011-11-23	$7.26	$0.00	66.7%	19.1%	57.6%	14.5%	0.0%	11.9%	-6.9%	2.2K	-33.1K	-321	109.68	N/A	N/A	0	388	40
2011-11-25	$7.30	$0.00	62.1%	17.8%	57.6%	11.2%	0.0%	10.4%	-4.4%	2.1K	-30.8K	-303	123.94	N/A	N/A	0	388	40
2011-11-28	$7.76	$0.00	65.8%	18.9%	61.9%	13.9%	0.0%	22.4%	1.2%	2.6K	-39.4K	-334	108.67	N/A	N/A	0	388	40
2011-11-29	$7.32	$0.00	49.9%	14.3%	64.5%	2.7%	52.4%	13.3%	1.9%	1.8K	-19.1K	-244	105.50	N/A	N/A	1,655	388	40
2011-11-30	$8.13	$7.50	58.9%	16.9%	73.2%	9.0%	68.1%	-7.4%	-24.6%	29.2K	-886.5K	-1.1K	111.07	N/A	N/A	2	1,788	40