AXTI Options History — December 2012

In December 2012, AXTI traded between $2.81 and $3.05. ATM implied volatility averaged 53.7%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 25.7% (HV 20d: 28.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 6.90.

Notable Days

2012-12-03: Highest Volume — 812 contracts
2012-12-10: Largest IV spike — 72.3% change
2012-12-11: Highest IV Rank — 40.4%
2012-12-24: Largest Expected Move — 16.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.94	$2.81	$3.05	$2.85	$2.81
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	53.7%	35.7%	98.5%	41.8%	44.7%
Expected Move	13.0%	10.0%	16.0%	12.0%	12.8%
HV 20d	28.0%	14.4%	45.2%	45.2%	28.4%
HV 60d	50.1%	46.0%	53.3%	53.1%	46.4%
IV Rank	13.0%	2.0%	40.4%	5.7%	7.4%
IV Percentile	24.7%	1.2%	82.5%	3.6%	10.7%
Term Structure	-3.3%	-28.0%	21.4%	12.3%	13.2%
Bid-Ask Spread %	82.17	13.24	100.89	90.87	13.24
Gamma HHI	0.95	0.93	0.98	0.93	0.96
Net GEX	-3.5K	-4.1K	-1.2K	-1.2K	-3.7K
Net DEX	52.2K	2.7K	71.6K	2.7K	67.9K
Net VEX	-1.2K	-1.3K	-765	-765	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.90	0.00	66.67	66.67	0.00
Total Volume	60.55	0	812	812	30
Total OI	2,264.65	1,433	2,355	1,433	2,341

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
2012-12-03	$2.85	$2.50	41.8%	12.0%	45.2%	5.7%	0.0%	0.0%	12.3%	-1.2K	2.7K	-765	66.67	90.87	N/A	N/A	12	800	474	959
2012-12-04	$2.89	$2.50	46.5%	13.3%	41.3%	8.5%	0.0%	0.0%	-6.0%	-3.1K	59.4K	-1.3K	0.00	89.34	N/A	N/A	0	60	470	1,748
2012-12-05	$2.90	$2.50	39.9%	11.4%	39.7%	4.6%	0.0%	0.0%	-6.7%	-3.4K	63.4K	-1.2K	0.10	87.73	N/A	N/A	100	10	470	1,808
2012-12-06	$2.98	$2.50	48.7%	14.0%	35.6%	9.9%	0.0%	0.0%	-12.0%	-4.1K	57.0K	-1.2K	2.20	93.49	N/A	N/A	10	22	415	1,818
2012-12-07	$2.97	$2.50	51.2%	10.0%	35.5%	11.5%	0.0%	0.0%	15.9%	-3.8K	56.8K	-1.2K	0.00	86.37	N/A	N/A	50	0	415	1,840
2012-12-10	$2.98	$2.50	88.3%	11.5%	33.9%	34.1%	0.0%	0.0%	8.1%	-3.6K	52.8K	-1.2K	0.00	88.08	N/A	N/A	20	0	458	1,840
2012-12-11	$3.00	$2.50	98.5%	13.8%	33.8%	40.4%	0.0%	0.0%	-3.2%	-3.8K	42.3K	-1.2K	0.00	100.89	N/A	N/A	0	0	468	1,840
2012-12-12	$3.01	$2.50	94.3%	12.4%	33.6%	37.8%	0.0%	0.0%	-2.1%	-3.5K	46.8K	-1.2K	0.00	96.81	N/A	N/A	0	0	468	1,840
2012-12-13	$3.01	$2.50	39.6%	11.3%	14.5%	4.3%	0.0%	0.0%	6.0%	-3.5K	46.1K	-1.2K	0.00	92.41	N/A	N/A	0	0	468	1,840
2012-12-14	$3.05	$2.50	46.7%	13.4%	14.4%	8.7%	0.0%	0.0%	-17.8%	-3.6K	39.7K	-1.2K	0.00	98.38	N/A	N/A	0	0	468	1,840
2012-12-17	$3.04	$2.50	54.7%	15.7%	14.6%	13.6%	0.0%	0.0%	-10.2%	-3.4K	43.0K	-1.2K	0.00	98.26	N/A	N/A	0	32	468	1,840
2012-12-18	$2.96	$2.50	35.7%	10.2%	18.4%	2.0%	0.0%	0.0%	-6.8%	-3.4K	53.1K	-1.2K	0.00	95.01	N/A	N/A	35	0	468	1,872
2012-12-19	$2.99	$2.50	45.0%	12.9%	18.5%	7.6%	0.0%	0.0%	-4.2%	-3.8K	44.6K	-1.2K	0.00	96.00	N/A	N/A	5	0	483	1,872
2012-12-20	$3.00	$2.50	53.6%	15.4%	17.7%	12.9%	0.0%	0.0%	-23.0%	-3.8K	52.0K	-1.2K	0.00	80.19	N/A	N/A	0	0	477	1,872
2012-12-21	$2.84	$2.50	52.7%	15.1%	27.0%	12.4%	0.0%	0.0%	-28.0%	-3.7K	71.6K	-1.2K	0.00	75.93	N/A	N/A	10	0	477	1,872
2012-12-24	$2.86	$2.50	55.7%	16.0%	26.3%	14.2%	0.0%	0.0%	-19.3%	-3.9K	58.0K	-1.2K	0.00	76.24	N/A	N/A	0	0	487	1,839
2012-12-26	$2.86	$2.50	47.8%	13.7%	26.3%	9.4%	0.0%	0.0%	-0.9%	-3.7K	63.6K	-1.2K	0.00	70.29	N/A	N/A	0	0	487	1,839
2012-12-27	$2.89	$2.50	41.3%	11.8%	26.5%	5.4%	0.0%	0.0%	21.4%	-3.7K	54.7K	-1.2K	0.00	92.31	N/A	N/A	0	0	487	1,839
2012-12-28	$2.81	$2.50	47.0%	13.5%	28.6%	8.9%	0.0%	0.0%	-2.5%	-3.7K	67.7K	-1.2K	0.00	21.57	N/A	N/A	15	0	487	1,839
2012-12-31	$2.81	$2.50	44.7%	12.8%	28.4%	7.4%	0.0%	0.0%	13.2%	-3.7K	67.9K	-1.2K	0.00	13.24	N/A	N/A	30	0	502	1,839