AXTI Options History — March 2013

In March 2013, AXTI traded between $2.84 and $3.30. ATM implied volatility averaged 65.3%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 22.7% (HV 20d: 42.6%). 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 11 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2013-03-19: Highest Volume — 177 contracts
2013-03-14: Largest IV drop — 82.5% change
2013-03-13: Highest IV Rank — 87.3%
2013-03-20: Largest Expected Move — 17.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.99	$2.84	$3.30	$2.85	$2.94
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	65.3%	30.6%	175.1%	39.6%	60.4%
Expected Move	12.3%	8.8%	17.4%	11.3%	17.3%
HV 20d	42.6%	35.8%	47.8%	47.8%	35.8%
HV 60d	37.6%	36.5%	39.5%	37.0%	39.1%
IV Rank	20.8%	0.0%	87.3%	4.9%	18.1%
IV Percentile	37.4%	0.0%	99.6%	6.3%	46.0%
Term Structure	2.3%	-22.0%	25.2%	-2.5%	-22.0%
VWIV	41.6%	41.6%	41.6%	41.6%	41.6%
Bid-Ask Spread %	74.86	16.60	105.19	62.24	105.19
Gamma HHI	0.96	0.86	0.98	0.97	0.96
Net GEX	-4.8K	-5.8K	-2.0K	-5.7K	-5.0K
Net DEX	1.2K	-72.5K	50.3K	49.6K	18.2K
Net VEX	-669	-927	-316	-927	-673
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.01	0.00	0.00
Total Volume	16.6	0	177	0	0
Total OI	2,252.55	2,118	2,341	2,341	2,216

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
2013-03-01	$2.85	$2.50	39.6%	11.3%	47.8%	4.9%	0.0%	0.0%	-2.5%	-5.7K	49.6K	-927	0.00	62.24	N/A	N/A	0	0	449	1,892
2013-03-04	$2.84	$2.50	45.3%	10.8%	45.7%	8.4%	0.0%	0.0%	9.2%	-5.7K	50.3K	-901	0.00	89.04	N/A	N/A	0	0	449	1,892
2013-03-05	$2.85	$2.50	54.9%	11.1%	43.5%	14.2%	0.0%	0.0%	8.1%	-5.8K	49.9K	-904	0.00	24.86	N/A	N/A	0	0	449	1,892
2013-03-06	$2.86	$2.50	56.6%	10.0%	43.4%	15.3%	0.0%	0.0%	14.6%	-5.7K	32.8K	-864	0.00	90.65	N/A	N/A	10	0	449	1,892
2013-03-07	$2.90	$2.50	54.9%	10.8%	43.6%	14.2%	41.6%	0.0%	10.4%	-5.7K	30.4K	-846	0.00	16.60	N/A	N/A	15	0	448	1,892
2013-03-08	$2.92	$2.50	94.9%	10.7%	43.5%	38.6%	0.0%	0.0%	12.9%	-5.8K	31.7K	-846	0.00	66.30	N/A	N/A	0	0	435	1,892
2013-03-11	$2.98	$2.50	136.7%	10.1%	43.5%	64.0%	0.0%	0.0%	-5.0%	-4.9K	7.2K	-766	0.00	64.66	N/A	N/A	10	0	435	1,892
2013-03-12	$3.00	$2.50	123.5%	9.9%	42.8%	55.9%	0.0%	0.0%	-2.8%	-4.7K	-46.3K	-473	0.00	59.85	N/A	N/A	0	0	443	1,892
2013-03-13	$3.01	$2.50	175.1%	9.9%	42.1%	87.3%	0.0%	0.0%	25.2%	-4.5K	15.8K	-773	0.00	59.98	N/A	N/A	0	0	443	1,892
2013-03-14	$3.00	$2.50	30.6%	8.8%	40.0%	0.0%	0.0%	0.0%	9.0%	-4.5K	-2.2K	-716	0.00	60.97	N/A	N/A	0	0	438	1,892
2013-03-15	$3.01	$2.50	35.5%	10.2%	38.5%	3.0%	0.0%	0.0%	3.5%	-4.8K	-40.4K	-508	0.00	64.23	N/A	N/A	10	0	438	1,892
2013-03-18	$3.09	$2.50	42.2%	12.1%	39.6%	7.0%	0.0%	0.0%	-2.2%	-3.2K	-54.2K	-361	0.00	90.88	N/A	N/A	0	0	401	1,717
2013-03-19	$3.21	$2.50	59.0%	16.9%	41.7%	17.2%	0.0%	0.0%	-14.6%	-3.2K	-51.9K	-404	0.01	94.81	N/A	N/A	175	2	401	1,717
2013-03-20	$3.30	$2.50	60.7%	17.4%	37.5%	18.2%	0.0%	0.0%	-11.2%	-2.0K	-72.5K	-316	0.00	90.14	N/A	N/A	0	0	424	1,715
2013-03-21	$3.08	$2.50	49.6%	14.2%	45.3%	11.5%	0.0%	0.0%	8.4%	-4.5K	-10.4K	-640	0.00	91.75	N/A	N/A	0	0	424	1,715
2013-03-22	$2.98	$2.50	46.3%	13.3%	47.1%	9.5%	0.0%	0.0%	14.2%	-4.4K	38.1K	-766	0.00	92.17	N/A	N/A	0	0	424	1,715
2013-03-25	$3.00	$2.50	42.5%	12.2%	46.3%	7.2%	0.0%	0.0%	-7.5%	-4.5K	-37.4K	-425	0.00	90.49	N/A	N/A	0	0	424	1,715
2013-03-26	$2.98	$2.50	50.7%	14.5%	42.1%	12.2%	0.0%	0.0%	-2.5%	-5.2K	-19.7K	-523	0.00	92.86	N/A	N/A	0	100	424	1,715
2013-03-27	$2.96	$2.50	47.4%	13.6%	41.5%	10.2%	0.0%	0.0%	0.9%	-5.4K	35.7K	-739	0.00	89.59	N/A	N/A	10	0	424	1,792
2013-03-28	$2.94	$2.50	60.4%	17.3%	35.8%	18.1%	0.0%	0.0%	-22.0%	-5.0K	18.2K	-673	0.00	105.19	N/A	N/A	0	0	424	1,792