AGYS Options History — January 2014

In January 2014, AGYS traded between $13.10 and $15.19. ATM implied volatility averaged 36.6%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 4.9% (HV 20d: 31.7%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2014-01-13: Highest Volume — 130 contracts
2014-01-31: Largest IV spike — 35.1% change
2014-01-15: Highest IV Rank — 35.9%
2014-01-31: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.29	$13.10	$15.19	$13.55	$13.10
Max Pain	$13.57	$10.00	$15.00	$10.00	$15.00
ATM IV	36.6%	29.6%	45.5%	35.1%	40.0%
Expected Move	10.6%	8.5%	11.5%	10.1%	11.5%
HV 20d	31.7%	21.1%	41.1%	21.1%	41.1%
HV 60d	30.1%	26.2%	34.1%	26.2%	34.1%
IV Rank	17.9%	3.8%	35.9%	14.8%	24.7%
IV Percentile	43.6%	7.1%	87.3%	31.7%	70.2%
Term Structure	2.8%	-2.3%	11.4%	7.7%	0.7%
VWIV	49.4%	35.0%	83.5%	83.5%	40.0%
Skew 25d	0.2%	-7.0%	6.5%	0.1%	6.5%
Skew 10d	1.0%	-9.1%	16.9%	5.3%	16.9%
Call IV 25d	33.8%	30.2%	38.9%	35.0%	36.5%
Put IV 25d	34.0%	27.5%	43.0%	35.0%	43.0%
Bid-Ask Spread %	105.04	98.02	110.49	110.49	107.92
Gamma HHI	0.55	0.36	0.78	0.75	0.40
Net GEX	193	-416	1.1K	-416	1.1K
Net DEX	-176.5K	-265.4K	-71.3K	-71.3K	-254.9K
Net VEX	-205	-387	-58	-111	-387
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	11.333	0	130	0	6
Total OI	208.524	123	322	123	322

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
2014-01-02	$13.55	$10.00	35.1%	10.1%	21.1%	14.8%	0.0%	0.1%	7.7%	-416	-71.3K	-111	110.49	N/A	N/A	0	0	61	62
2014-01-03	$13.96	$10.00	32.7%	9.4%	21.9%	10.0%	83.5%	2.4%	6.0%	-365	-75.4K	-101	110.38	N/A	N/A	3	0	61	62
2014-01-06	$14.83	$0.00	33.8%	11.4%	29.2%	12.2%	0.0%	2.5%	0.7%	-259	-83.7K	-77	102.79	N/A	N/A	5	0	61	62
2014-01-07	$15.18	$0.00	36.8%	11.3%	29.3%	18.3%	0.0%	5.8%	1.2%	-222	-86.9K	-68	103.40	N/A	N/A	0	0	61	62
2014-01-08	$15.19	$0.00	36.2%	11.1%	28.1%	17.1%	0.0%	4.7%	1.0%	-246	-87.6K	-58	102.46	N/A	N/A	0	1	61	62
2014-01-09	$14.86	$0.00	36.5%	11.2%	30.3%	17.7%	0.0%	1.6%	0.5%	-261	-83.8K	-75	103.32	N/A	N/A	0	0	61	63
2014-01-10	$14.58	$0.00	34.4%	10.8%	31.7%	13.5%	0.0%	0.5%	2.8%	-292	-81.1K	-79	102.27	N/A	N/A	0	0	61	63
2014-01-13	$14.55	$0.00	39.5%	10.9%	31.9%	23.7%	0.0%	0.2%	1.9%	-298	-80.8K	-78	102.03	N/A	N/A	130	0	61	63
2014-01-14	$14.68	$0.00	38.9%	11.2%	31.8%	22.6%	0.0%	-5.3%	2.1%	438	-259.9K	-255	98.02	N/A	N/A	0	0	191	63
2014-01-15	$14.76	$0.00	45.5%	11.3%	31.7%	35.9%	0.0%	1.0%	0.7%	403	-264.1K	-231	103.84	N/A	N/A	0	0	191	63
2014-01-16	$14.75	$0.00	39.3%	11.3%	31.6%	23.4%	0.0%	-2.0%	1.0%	348	-265.4K	-202	103.84	N/A	N/A	10	0	191	63
2014-01-17	$14.45	$0.00	36.9%	10.6%	32.5%	18.6%	0.0%	-7.0%	3.5%	619	-265.0K	-259	98.63	N/A	N/A	0	0	201	63
2014-01-21	$14.35	$0.00	35.9%	10.3%	32.7%	16.6%	0.0%	-0.3%	3.9%	634	-227.8K	-255	104.29	N/A	N/A	0	0	177	63
2014-01-22	$14.29	$0.00	35.5%	10.2%	31.2%	15.8%	0.0%	-1.1%	4.0%	642	-226.2K	-262	105.16	N/A	N/A	0	0	177	63
2014-01-23	$14.46	$0.00	37.9%	10.9%	31.3%	20.6%	0.0%	-1.0%	2.0%	600	-232.1K	-231	103.96	N/A	N/A	0	0	177	63
2014-01-24	$14.11	$0.00	39.0%	11.2%	32.7%	22.7%	38.9%	-5.0%	0.8%	664	-221.4K	-279	106.13	N/A	N/A	0	16	177	63
2014-01-27	$13.54	$15.00	35.0%	10.0%	35.9%	14.7%	0.0%	-3.1%	1.0%	140	-189.9K	-319	108.87	N/A	N/A	20	0	177	79
2014-01-28	$13.62	$15.00	31.6%	9.1%	35.9%	7.9%	0.0%	1.9%	11.4%	356	-214.7K	-327	109.05	N/A	N/A	0	0	197	79
2014-01-29	$13.51	$15.00	38.2%	11.0%	36.0%	21.2%	0.0%	-2.0%	-2.3%	309	-212.5K	-344	109.39	N/A	N/A	1	0	197	79
2014-01-30	$13.85	$15.00	29.6%	8.5%	37.2%	3.8%	35.0%	3.6%	9.3%	117	-223.0K	-315	109.61	N/A	N/A	46	0	197	79
2014-01-31	$13.10	$15.00	40.0%	11.5%	41.1%	24.7%	40.0%	6.5%	0.7%	1.1K	-254.9K	-387	107.92	N/A	N/A	6	0	243	79