AGYS Options History — April 2012

In April 2012, AGYS traded between $8.50 and $9.13. ATM implied volatility averaged 45.5%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 7.8% (HV 20d: 37.6%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2012-04-02: Highest Volume — 50 contracts
2012-04-12: Largest IV drop — 46.3% change
2012-04-11: Highest IV Rank — 23.9%
2012-04-04: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.76	$8.50	$9.13	$9.13	$8.76
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	45.5%	35.1%	65.3%	39.7%	43.5%
Expected Move	12.0%	10.1%	15.5%	11.4%	12.5%
HV 20d	37.6%	28.2%	52.4%	52.4%	36.5%
HV 60d	54.2%	53.0%	56.0%	55.6%	54.0%
IV Rank	12.9%	2.6%	23.9%	5.9%	14.9%
IV Percentile	17.8%	2.8%	67.5%	4.4%	11.1%
Term Structure	2.1%	-15.6%	15.1%	-6.7%	-7.5%
Skew 25d	4.4%	-0.1%	11.3%	11.3%	3.9%
Skew 10d	4.5%	-0.9%	14.2%	5.4%	6.8%
Call IV 25d	40.1%	35.2%	46.2%	41.8%	46.2%
Put IV 25d	44.6%	39.3%	54.5%	53.1%	50.1%
Bid-Ask Spread %	111.84	111.36	113.17	113.17	111.76
Gamma HHI	0.95	0.94	0.97	0.97	0.96
Net GEX	11.6K	10.3K	12.9K	12.4K	12.6K
Net DEX	-393.2K	-457.8K	-328.4K	-431.3K	-367.5K
Net VEX	-2.1K	-2.4K	-1.9K	-2.4K	-2.0K
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	0	50	50	0
Total OI	1,202.2	1,159	1,219	1,159	1,183

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	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2012-04-02	$9.13	$7.50	39.7%	11.4%	52.4%	5.9%	0.0%	11.3%	-6.7%	12.4K	-431.3K	-2.4K	113.17	N/A	N/A	50	1,066	93
2012-04-03	$9.04	$7.50	43.1%	12.4%	49.7%	8.3%	0.0%	9.8%	-10.0%	11.9K	-457.8K	-2.3K	112.90	N/A	N/A	0	1,116	93
2012-04-04	$8.70	$7.50	54.1%	15.5%	52.1%	16.0%	0.0%	4.8%	-15.6%	11.0K	-400.6K	-2.2K	112.76	N/A	N/A	0	1,116	93
2012-04-05	$8.84	$7.50	46.7%	13.4%	52.1%	10.8%	0.0%	4.0%	-11.9%	11.4K	-431.4K	-2.3K	112.78	N/A	N/A	0	1,116	93
2012-04-09	$8.65	$0.00	63.2%	11.5%	51.8%	22.5%	0.0%	1.3%	11.6%	11.1K	-382.4K	-2.1K	111.36	N/A	N/A	0	1,116	93
2012-04-10	$8.50	$0.00	62.2%	11.5%	52.3%	21.7%	0.0%	2.5%	15.1%	10.3K	-364.1K	-2.0K	111.55	N/A	N/A	0	1,116	93
2012-04-11	$8.68	$0.00	65.3%	11.7%	28.2%	23.9%	0.0%	2.5%	12.7%	11.2K	-379.8K	-2.1K	111.36	N/A	N/A	10	1,116	93
2012-04-12	$8.91	$0.00	35.1%	10.1%	28.9%	2.6%	0.0%	5.3%	9.7%	11.9K	-433.3K	-2.2K	111.41	N/A	N/A	0	1,126	93
2012-04-13	$8.62	$0.00	41.4%	11.9%	30.9%	7.1%	0.0%	2.8%	10.3%	11.2K	-376.8K	-2.0K	111.46	N/A	N/A	0	1,126	93
2012-04-16	$8.52	$0.00	41.7%	12.0%	30.9%	12.7%	0.0%	0.9%	11.6%	10.8K	-362.6K	-2.0K	111.55	N/A	N/A	0	1,126	93
2012-04-17	$8.76	$0.00	37.7%	10.8%	30.0%	7.8%	0.0%	4.2%	3.9%	11.8K	-394.5K	-2.1K	111.44	N/A	N/A	0	1,126	93
2012-04-18	$8.62	$0.00	43.0%	12.3%	30.2%	14.3%	0.0%	3.5%	13.0%	10.8K	-376.1K	-2.0K	111.58	N/A	N/A	0	1,126	93
2012-04-19	$8.76	$0.00	37.5%	10.8%	30.8%	7.5%	0.0%	3.6%	3.1%	11.8K	-393.5K	-2.1K	111.55	N/A	N/A	0	1,126	93
2012-04-20	$8.73	$0.00	44.3%	12.7%	30.4%	15.8%	0.0%	3.5%	10.1%	11.9K	-388.3K	-2.0K	111.54	N/A	N/A	0	1,126	93
2012-04-23	$8.50	$0.00	43.9%	12.6%	31.1%	15.4%	0.0%	-0.1%	7.2%	10.9K	-328.4K	-1.9K	111.77	N/A	N/A	0	1,100	83
2012-04-24	$8.75	$0.00	47.3%	13.6%	33.3%	19.5%	0.0%	4.1%	-7.0%	12.1K	-373.1K	-2.0K	111.65	N/A	N/A	0	1,100	83
2012-04-25	$8.79	$0.00	40.7%	11.7%	33.3%	11.4%	0.0%	4.8%	-7.5%	12.5K	-375.4K	-2.0K	111.66	N/A	N/A	0	1,100	83
2012-04-26	$8.89	$0.00	41.2%	11.8%	33.5%	12.0%	0.0%	5.1%	-5.5%	12.5K	-403.1K	-2.1K	111.61	N/A	N/A	0	1,100	83
2012-04-27	$9.09	$0.00	38.0%	10.9%	34.5%	8.1%	0.0%	10.5%	6.0%	12.9K	-443.2K	-2.1K	112.02	N/A	N/A	0	1,100	83
2012-04-30	$8.76	$0.00	43.5%	12.5%	36.5%	14.9%	0.0%	3.9%	-7.5%	12.6K	-367.5K	-2.0K	111.76	N/A	N/A	0	1,100	83