AGYS Options History — January 2017

In January 2017, AGYS traded between $9.75 and $10.91. ATM implied volatility averaged 34.4%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded below realized volatility by 3.4% (HV 20d: 37.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.16.

Notable Days

2017-01-03: Highest Volume — 127 contracts
2017-01-09: Largest IV spike — 27.5% change
2017-01-31: Highest IV Rank — 25.0%
2017-01-31: Largest Expected Move — 10.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.36	$9.75	$10.91	$10.80	$9.75
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	34.4%	28.3%	39.3%	31.3%	37.7%
Expected Move	9.9%	8.1%	10.8%	9.0%	10.8%
HV 20d	37.8%	33.9%	41.4%	39.7%	33.9%
HV 60d	34.4%	33.1%	35.4%	33.4%	35.2%
IV Rank	17.7%	6.0%	25.0%	9.8%	25.0%
IV Percentile	48.6%	10.3%	77.0%	27.4%	71.8%
Term Structure	-0.0%	-5.5%	9.0%	1.6%	-5.5%
VWIV	33.6%	32.5%	34.8%	34.8%	32.5%
Skew 25d	4.2%	-8.8%	9.3%	-3.9%	9.2%
Skew 10d	8.5%	-16.5%	19.4%	-9.5%	9.1%
Call IV 25d	36.0%	26.9%	46.1%	39.1%	46.1%
Put IV 25d	40.2%	34.2%	55.3%	35.2%	55.3%
Bid-Ask Spread %	99.73	77.33	112.02	112.02	105.22
Gamma HHI	0.52	0.39	0.74	0.39	0.74
Net GEX	-696	-1.7K	960	140	-1.7K
Net DEX	14.2K	-2.4K	38.6K	2.0K	38.6K
Net VEX	-201	-258	-151	-257	-167
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.16	0.06	0.36	0.17	0.36
Total Volume	109.4	71	127	127	91
Total OI	211.4	135	251	251	155

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-01-03	$10.80	$10.00	31.3%	9.0%	39.7%	9.8%	34.8%	-3.9%	1.6%	140	2.0K	-257	0.17	112.02	N/A	N/A	109	18	180	71
2017-01-04	$10.73	$10.00	28.3%	8.1%	39.5%	6.0%	32.5%	-5.9%	9.0%	-332	5.9K	-235	0.17	111.79	N/A	N/A	109	18	180	71
2017-01-05	$10.65	$0.00	30.5%	10.4%	37.5%	8.8%	0.0%	9.3%	-2.0%	-343	5.8K	-238	0.17	77.97	N/A	N/A	109	18	180	71
2017-01-06	$10.70	$0.00	30.8%	9.7%	37.2%	9.2%	0.0%	7.3%	0.4%	-359	6.6K	-238	0.17	79.22	N/A	N/A	109	18	180	71
2017-01-09	$10.67	$0.00	39.3%	10.0%	36.3%	19.7%	0.0%	6.4%	-0.3%	-293	7.4K	-226	0.17	103.65	N/A	N/A	109	18	180	71
2017-01-10	$10.54	$0.00	39.1%	10.2%	36.3%	19.6%	0.0%	5.7%	-2.1%	-474	7.3K	-219	0.17	77.33	N/A	N/A	109	18	180	71
2017-01-11	$10.91	$0.00	31.5%	9.0%	37.3%	11.6%	0.0%	7.2%	6.1%	960	-2.4K	-258	0.17	98.73	N/A	N/A	109	18	180	71
2017-01-12	$10.49	$0.00	32.9%	9.4%	40.0%	16.5%	0.0%	9.2%	6.3%	-272	9.4K	-228	0.17	98.33	N/A	N/A	109	18	180	71
2017-01-13	$10.60	$0.00	34.7%	10.0%	39.5%	19.8%	0.0%	5.9%	-2.7%	-636	8.8K	-214	0.17	106.09	N/A	N/A	109	18	180	71
2017-01-17	$10.21	$0.00	37.2%	10.7%	41.4%	24.2%	0.0%	4.9%	-5.1%	-1.3K	16.7K	-187	0.17	97.65	N/A	N/A	109	18	180	71
2017-01-18	$10.17	$0.00	36.0%	10.3%	39.6%	22.1%	0.0%	5.8%	-4.2%	-1.4K	19.4K	-181	0.17	103.14	N/A	N/A	109	18	180	71
2017-01-19	$10.27	$0.00	34.7%	9.9%	38.2%	19.7%	0.0%	5.0%	-2.4%	-1.2K	17.1K	-190	0.17	102.29	N/A	N/A	109	18	180	71
2017-01-20	$10.11	$0.00	35.8%	10.3%	38.6%	21.6%	0.0%	-3.4%	-4.7%	-858	15.9K	-177	0.17	104.81	N/A	N/A	109	18	180	71
2017-01-23	$10.02	$0.00	34.0%	9.8%	37.9%	18.6%	0.0%	4.9%	-1.8%	-813	19.1K	-173	0.06	103.29	N/A	N/A	67	4	78	57
2017-01-24	$10.04	$0.00	33.7%	9.7%	37.9%	17.9%	0.0%	5.3%	-0.7%	-777	20.6K	-173	0.06	106.78	N/A	N/A	67	4	78	57
2017-01-25	$10.29	$0.00	37.2%	10.7%	36.5%	24.2%	0.0%	6.2%	-2.8%	-785	16.5K	-172	0.06	88.36	N/A	N/A	67	4	78	57
2017-01-26	$10.19	$0.00	34.7%	10.0%	36.7%	19.8%	0.0%	4.6%	-0.2%	-1.6K	23.4K	-167	0.06	108.03	N/A	N/A	67	4	78	57
2017-01-27	$10.22	$0.00	33.1%	9.5%	36.5%	16.9%	0.0%	9.2%	7.5%	-915	20.4K	-166	0.06	104.45	N/A	N/A	67	4	78	57
2017-01-30	$9.89	$0.00	36.1%	10.3%	35.7%	22.2%	0.0%	-8.8%	3.3%	-978	25.5K	-151	0.36	105.44	N/A	N/A	67	24	78	57
2017-01-31	$9.75	$0.00	37.7%	10.8%	33.9%	25.0%	0.0%	9.2%	-5.5%	-1.7K	38.6K	-167	0.36	105.22	N/A	N/A	67	24	78	77