AXTI Options History — November 2012

In November 2012, AXTI traded between $2.73 and $3.19. ATM implied volatility averaged 69.0%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 2.6% (HV 20d: 66.4%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.20.

Notable Days

2012-11-30: Highest Volume — 855 contracts
2012-11-12: Largest IV spike — 68.8% change
2012-11-12: Highest IV Rank — 59.5%
2012-11-01: Largest Expected Move — 23.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.85	$2.73	$3.19	$3.19	$2.82
Max Pain	$3.33	$2.50	$5.00	$5.00	$2.50
ATM IV	69.0%	50.5%	129.8%	80.4%	62.3%
Expected Move	16.4%	12.7%	23.1%	23.1%	17.9%
HV 20d	66.4%	33.4%	72.0%	33.4%	68.7%
HV 60d	53.2%	44.2%	54.3%	44.2%	53.0%
IV Rank	22.3%	11.0%	59.5%	29.3%	18.2%
IV Percentile	45.0%	19.0%	92.9%	70.6%	40.5%
Term Structure	-1.8%	-45.1%	24.8%	-4.9%	-31.4%
VWIV	43.4%	38.7%	48.1%	48.1%	38.7%
Bid-Ask Spread %	94.72	41.96	119.41	65.74	89.43
Gamma HHI	0.91	0.86	0.96	0.86	0.92
Net GEX	1.4K	892	2.7K	1.4K	1.2K
Net DEX	-34.3K	-72.3K	5.6K	-24.5K	-68.7K
Net VEX	-246	-282	-213	-243	-220
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.00	1.20	0.00	1.20
Total Volume	49.762	0	855	0	855
Total OI	1,088.905	556	1,508	1,432	578

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
2012-11-01	$3.19	$5.00	80.4%	23.1%	33.4%	29.3%	0.0%	0.0%	-4.9%	1.4K	-24.5K	-243	0.00	65.74	N/A	N/A	0	0	905	527
2012-11-02	$2.76	$5.00	53.3%	15.3%	60.5%	12.8%	48.1%	0.0%	2.4%	2.7K	5.6K	-281	0.00	69.23	N/A	N/A	0	80	905	527
2012-11-05	$2.91	$0.00	71.3%	15.0%	64.4%	23.7%	0.0%	0.0%	19.4%	1.8K	-8.3K	-275	0.00	92.34	N/A	N/A	0	1	905	587
2012-11-06	$3.00	$0.00	65.3%	12.7%	65.5%	20.1%	0.0%	0.0%	24.8%	1.3K	-18.2K	-264	0.00	89.88	N/A	N/A	0	0	905	588
2012-11-07	$2.84	$0.00	83.7%	15.9%	67.7%	31.3%	0.0%	0.0%	-7.9%	2.0K	-3.1K	-282	0.00	89.49	N/A	N/A	0	0	905	588
2012-11-08	$2.82	$0.00	54.5%	20.3%	67.4%	13.5%	0.0%	0.0%	-7.5%	1.7K	-9.0K	-263	0.00	94.92	N/A	N/A	5	0	905	588
2012-11-09	$2.91	$0.00	76.9%	16.7%	68.7%	27.2%	0.0%	0.0%	15.2%	1.6K	-12.1K	-266	0.00	41.96	N/A	N/A	10	0	910	588
2012-11-12	$2.94	$0.00	129.8%	15.6%	68.4%	59.5%	0.0%	0.0%	-3.5%	1.0K	-24.0K	-239	0.00	89.44	N/A	N/A	0	0	920	588
2012-11-13	$2.97	$0.00	99.2%	13.0%	68.4%	40.8%	0.0%	0.0%	14.2%	1.0K	-24.4K	-243	0.00	89.50	N/A	N/A	20	0	920	588
2012-11-14	$2.74	$0.00	121.2%	21.0%	72.0%	54.3%	0.0%	0.0%	4.4%	2.1K	3.0K	-274	0.00	103.42	N/A	N/A	19	0	900	588
2012-11-15	$2.73	$0.00	54.9%	15.7%	70.4%	13.7%	0.0%	0.0%	1.8%	892	-965	-256	0.00	110.51	N/A	N/A	0	0	881	588
2012-11-16	$2.76	$0.00	50.9%	14.6%	70.2%	11.3%	0.0%	0.0%	8.9%	1.0K	-3.2K	-243	0.00	116.61	N/A	N/A	33	0	881	588
2012-11-19	$2.77	$0.00	57.0%	16.3%	70.1%	15.0%	0.0%	0.0%	-1.5%	1.1K	-63.7K	-238	0.00	118.33	N/A	N/A	0	0	464	92
2012-11-20	$2.79	$0.00	53.0%	15.2%	67.8%	12.5%	0.0%	0.0%	10.4%	1.2K	-61.5K	-241	0.00	119.41	N/A	N/A	0	0	464	92
2012-11-21	$2.84	$0.00	52.0%	14.9%	68.4%	11.9%	0.0%	0.0%	-16.5%	1.2K	-67.5K	-232	0.00	102.04	N/A	N/A	0	0	464	92
2012-11-23	$2.85	$0.00	58.1%	16.6%	68.4%	15.6%	0.0%	0.0%	-3.0%	1.1K	-72.3K	-213	0.00	118.02	N/A	N/A	0	0	464	92
2012-11-26	$2.80	$0.00	53.3%	15.3%	68.4%	12.7%	38.7%	0.0%	-5.1%	1.2K	-66.4K	-221	1.20	98.09	N/A	N/A	10	12	464	92
2012-11-27	$2.80	$2.50	64.0%	18.3%	68.4%	19.3%	0.0%	0.0%	-45.1%	1.2K	-67.5K	-223	0.00	109.13	N/A	N/A	0	0	474	104
2012-11-28	$2.80	$2.50	50.5%	14.5%	68.5%	11.0%	0.0%	0.0%	-5.7%	1.1K	-66.7K	-224	0.00	105.09	N/A	N/A	0	0	474	104
2012-11-29	$2.80	$2.50	57.0%	16.3%	68.5%	15.0%	0.0%	0.0%	-7.5%	1.3K	-66.3K	-223	0.00	76.60	N/A	N/A	0	0	474	104
2012-11-30	$2.82	$2.50	62.3%	17.9%	68.7%	18.2%	0.0%	0.0%	-31.4%	1.2K	-68.7K	-220	0.00	89.43	N/A	N/A	0	855	474	104