AGYS Options History — May 2014

In May 2014, AGYS traded between $12.14 and $14.88. ATM implied volatility averaged 35.0%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 0.2% (HV 20d: 34.8%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.32.

Notable Days

2014-05-28: Highest Volume — 90 contracts
2014-05-15: Largest IV drop — 60.6% change
2014-05-14: Highest IV Rank — 89.7%
2014-05-02: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.16	$12.14	$14.88	$12.25	$14.51
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	35.0%	16.5%	70.8%	39.9%	18.4%
Expected Move	8.1%	4.7%	11.5%	11.4%	5.3%
HV 20d	34.8%	30.7%	40.1%	35.6%	35.1%
HV 60d	33.8%	31.6%	36.5%	32.3%	36.1%
IV Rank	29.2%	0.0%	89.7%	36.8%	3.1%
IV Percentile	44.8%	0.0%	99.2%	73.8%	1.2%
Term Structure	1.3%	-5.9%	8.2%	-5.7%	1.4%
VWIV	30.9%	24.7%	40.1%	40.1%	24.7%
Skew 25d	6.4%	-5.5%	52.0%	3.9%	5.3%
Skew 10d	13.9%	-9.8%	120.1%	3.9%	1.6%
Call IV 25d	28.7%	18.1%	44.6%	44.0%	23.8%
Put IV 25d	35.1%	18.9%	79.9%	47.9%	29.1%
Bid-Ask Spread %	101.38	87.45	109.98	101.48	106.25
Gamma HHI	0.56	0.34	0.97	0.52	0.97
Net GEX	2.7K	-2.3K	19.4K	1.8K	19.4K
Net DEX	-260.3K	-432.4K	-203.7K	-207.0K	-432.4K
Net VEX	-212	-584	-147	-175	-584
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.32	0.00	1.67	0.00	0.00
Total Volume	21.238	0	90	0	10
Total OI	325.524	245	600	245	600

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-05-01	$12.25	$12.50	39.9%	11.4%	35.6%	36.8%	0.0%	3.9%	-5.7%	1.8K	-207.0K	-175	0.00	101.48	N/A	N/A	0	0	223	22
2014-05-02	$12.17	$12.50	40.0%	11.5%	34.2%	37.1%	40.1%	-4.6%	-5.9%	1.8K	-203.7K	-185	0.00	100.06	N/A	N/A	1	0	223	22
2014-05-05	$12.23	$0.00	41.8%	9.8%	32.3%	40.1%	0.0%	1.3%	-0.3%	1.9K	-207.8K	-169	0.00	98.52	N/A	N/A	0	0	224	22
2014-05-06	$12.15	$0.00	42.4%	9.7%	31.7%	41.1%	0.0%	-0.4%	-0.1%	1.9K	-204.3K	-177	0.00	98.24	N/A	N/A	0	0	224	22
2014-05-07	$12.14	$0.00	42.4%	9.9%	31.5%	41.1%	0.0%	-0.4%	-0.9%	1.9K	-203.7K	-177	0.00	98.69	N/A	N/A	0	0	224	22
2014-05-08	$12.33	$0.00	44.8%	9.5%	30.7%	45.1%	33.1%	1.6%	1.5%	1.8K	-212.1K	-165	0.00	101.00	N/A	N/A	22	0	224	22
2014-05-09	$12.69	$12.50	47.6%	9.6%	30.7%	50.1%	0.0%	5.9%	0.0%	2.9K	-241.7K	-172	0.00	99.67	N/A	N/A	0	0	246	22
2014-05-12	$13.17	$12.50	53.1%	9.5%	32.8%	59.4%	0.0%	33.5%	-0.5%	2.7K	-264.4K	-147	1.50	100.04	N/A	N/A	4	6	246	22
2014-05-13	$13.00	$12.50	68.7%	9.6%	33.1%	86.0%	0.0%	8.0%	-1.2%	2.4K	-258.5K	-164	0.00	99.28	N/A	N/A	0	0	250	28
2014-05-14	$12.57	$12.50	70.8%	9.7%	35.5%	89.7%	33.6%	4.8%	-1.2%	2.5K	-237.0K	-166	0.00	87.45	N/A	N/A	0	64	250	28
2014-05-15	$12.63	$12.50	27.9%	8.0%	35.4%	16.4%	0.0%	3.7%	1.5%	-635	-212.0K	-227	0.00	89.22	N/A	N/A	3	0	250	88
2014-05-16	$12.86	$12.50	27.7%	8.0%	34.5%	16.1%	27.8%	52.0%	1.7%	-915	-233.4K	-198	0.00	100.02	N/A	N/A	0	10	249	88
2014-05-19	$13.24	$12.50	23.1%	6.6%	35.5%	8.2%	26.1%	2.1%	6.6%	-1.5K	-236.9K	-183	0.00	105.57	N/A	N/A	0	52	236	87
2014-05-20	$13.01	$12.50	25.3%	7.3%	36.2%	12.0%	0.0%	0.4%	3.5%	-2.3K	-220.4K	-211	0.00	101.93	N/A	N/A	0	0	236	98
2014-05-21	$13.25	$12.50	19.2%	5.5%	35.7%	1.4%	0.0%	-5.5%	8.2%	-1.9K	-239.8K	-184	1.67	108.12	N/A	N/A	6	10	236	98
2014-05-22	$13.83	$12.50	22.2%	6.4%	38.1%	6.6%	0.0%	2.7%	2.7%	-210	-272.5K	-168	0.00	109.98	N/A	N/A	0	10	242	108
2014-05-23	$14.24	$12.50	16.5%	4.7%	38.1%	0.0%	0.0%	6.7%	6.0%	1.4K	-293.9K	-153	0.00	109.80	N/A	N/A	10	0	242	118
2014-05-27	$14.88	$12.50	24.6%	7.1%	40.1%	13.5%	24.7%	1.4%	1.7%	2.1K	-326.9K	-154	0.00	102.79	N/A	N/A	58	0	246	118
2014-05-28	$14.61	$12.50	21.0%	6.0%	38.2%	7.5%	0.0%	5.6%	4.1%	6.3K	-350.4K	-252	0.00	103.62	N/A	N/A	90	0	302	118
2014-05-29	$14.64	$12.50	17.2%	4.9%	36.4%	1.2%	0.0%	5.7%	5.1%	13.1K	-408.6K	-439	0.00	107.25	N/A	N/A	90	0	392	118
2014-05-30	$14.51	$12.50	18.4%	5.3%	35.1%	3.1%	0.0%	5.3%	1.4%	19.4K	-432.4K	-584	0.00	106.25	N/A	N/A	10	0	482	118