CYD Options History — October 2008

In October 2008, CYD traded between $4.29 and $7.42. ATM implied volatility averaged 90.5%, placing in the 68.1% IV rank vs the trailing year. The 30-day expected move averaged 26.1%. IV traded below realized volatility by 11.7% (HV 20d: 102.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 1.84.

Notable Days

2008-10-28: Highest Volume — 397 contracts
2008-10-15: Largest IV spike — 35.7% change
2008-10-15: Highest IV Rank — 100.0%
2008-10-29: Largest Expected Move — 32.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.41	$4.29	$7.42	$7.42	$5.37
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	90.5%	67.1%	123.0%	75.8%	105.7%
Expected Move	26.1%	21.7%	32.1%	21.7%	30.3%
HV 20d	102.3%	67.0%	126.5%	67.0%	126.5%
HV 60d	82.6%	67.2%	95.1%	67.2%	95.1%
IV Rank	68.1%	44.9%	100.0%	56.2%	80.9%
IV Percentile	89.5%	51.6%	100.0%	77.0%	98.0%
Term Structure	-9.5%	-24.0%	3.5%	1.4%	-13.1%
VWIV	92.0%	47.3%	158.6%	75.8%	139.8%
Skew 25d	5.8%	-22.0%	26.3%	8.4%	23.2%
Skew 10d	11.0%	-39.1%	45.2%	12.9%	35.8%
Call IV 25d	85.5%	54.7%	127.1%	67.1%	86.8%
Put IV 25d	91.3%	71.4%	110.1%	75.4%	110.1%
Bid-Ask Spread %	42.81	20.54	77.67	27.12	45.76
Gamma HHI	0.73	0.67	0.81	0.69	0.71
Net GEX	-30.3K	-54.2K	-12.0K	-54.2K	-26.1K
Net DEX	4.7M	3.4M	5.5M	3.4M	4.7M
Net VEX	-11.0K	-23.8K	-5.7K	-23.8K	-9.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.84	0.00	15.00	0.00	0.96
Total Volume	134.174	2	397	111	255
Total OI	21,451.087	20,741	22,060	21,836	20,849

Daily Data (23 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
2008-10-01	$7.42	$10.00	75.8%	21.7%	67.0%	56.2%	75.8%	8.4%	1.4%	-54.2K	3.4M	-23.8K	0.00	27.12	N/A	N/A	111	0	9,173	12,663
2008-10-02	$7.10	$10.00	80.8%	23.2%	67.8%	62.6%	81.7%	-17.3%	-1.3%	-54.0K	4.1M	-22.0K	0.10	36.44	N/A	N/A	60	6	9,263	12,663
2008-10-03	$6.74	$10.00	83.3%	23.9%	69.0%	65.9%	83.3%	-10.2%	-5.1%	-52.2K	4.2M	-20.6K	0.03	27.01	N/A	N/A	40	1	9,313	12,667
2008-10-06	$6.08	$10.00	67.1%	22.2%	75.4%	44.9%	78.4%	-0.4%	-8.2%	-47.8K	5.1M	-14.9K	0.54	56.27	N/A	N/A	72	39	9,353	12,667
2008-10-07	$5.71	$10.00	67.1%	23.7%	75.7%	44.9%	81.5%	-2.2%	-11.0%	-39.7K	5.0M	-13.2K	1.24	34.02	N/A	N/A	58	72	9,385	12,525
2008-10-08	$5.41	$10.00	77.4%	22.6%	76.0%	58.2%	79.9%	-3.8%	-9.0%	-34.8K	5.1M	-11.0K	0.00	42.43	N/A	N/A	266	0	9,364	12,543
2008-10-09	$4.96	$10.00	100.1%	25.6%	78.6%	87.5%	81.4%	-12.8%	-16.1%	-25.3K	5.0M	-8.8K	1.69	65.29	N/A	N/A	55	93	9,527	12,533
2008-10-10	$4.75	$10.00	71.8%	26.1%	77.3%	50.9%	98.2%	7.5%	-17.0%	-21.1K	4.8M	-8.3K	1.57	77.67	N/A	N/A	109	171	9,553	12,503
2008-10-13	$5.87	$10.00	81.3%	24.7%	115.2%	63.3%	47.3%	24.1%	-11.7%	-27.9K	5.5M	-10.5K	15.00	62.81	N/A	N/A	8	120	9,516	12,410
2008-10-14	$5.71	$10.00	90.7%	25.3%	114.9%	75.3%	87.5%	-1.2%	-18.2%	-37.4K	4.9M	-12.7K	0.00	29.13	N/A	N/A	0	42	9,516	12,462
2008-10-15	$5.04	$10.00	123.0%	28.4%	120.7%	100.0%	87.0%	23.3%	-24.0%	-25.9K	4.7M	-9.7K	4.22	59.26	N/A	N/A	50	211	9,516	12,321
2008-10-16	$5.08	$10.00	92.0%	26.4%	120.0%	65.8%	83.5%	20.6%	-15.7%	-30.9K	5.0M	-8.8K	0.00	43.02	N/A	N/A	0	90	9,488	12,530
2008-10-17	$5.32	$10.00	91.0%	26.1%	115.6%	64.7%	85.5%	-1.4%	-13.3%	-33.7K	4.9M	-10.5K	0.00	33.22	N/A	N/A	6	0	9,488	12,523
2008-10-20	$5.47	$10.00	88.6%	25.4%	116.9%	62.1%	96.7%	-2.1%	-0.1%	-35.7K	4.8M	-10.4K	0.11	27.40	N/A	N/A	90	10	8,661	12,100
2008-10-21	$5.39	$10.00	82.3%	23.6%	116.9%	55.1%	0.0%	26.3%	3.5%	-29.8K	5.0M	-9.6K	0.00	41.40	N/A	N/A	15	0	8,746	12,062
2008-10-22	$5.04	$10.00	85.7%	24.6%	118.1%	58.9%	0.0%	26.0%	-3.9%	-23.8K	4.9M	-7.6K	0.00	74.91	N/A	N/A	0	15	8,745	12,012
2008-10-23	$4.89	$10.00	90.5%	25.9%	116.1%	64.2%	90.5%	12.3%	-4.4%	-20.1K	4.9M	-7.0K	1.20	42.63	N/A	N/A	25	30	8,745	11,997
2008-10-24	$4.60	$10.00	105.9%	30.4%	116.7%	81.1%	0.0%	6.1%	-12.0%	-14.9K	4.7M	-6.2K	0.00	45.77	N/A	N/A	2	0	8,745	11,997
2008-10-27	$4.29	$10.00	106.0%	30.4%	113.8%	81.2%	96.4%	3.1%	-5.9%	-12.0K	4.4M	-5.7K	1.30	21.42	N/A	N/A	100	130	8,744	11,997
2008-10-28	$4.60	$10.00	100.6%	28.8%	116.7%	75.2%	94.7%	10.0%	-4.9%	-14.2K	4.6M	-6.1K	2.71	39.17	N/A	N/A	107	290	8,844	11,900
2008-10-29	$4.72	$10.00	112.0%	32.1%	118.1%	87.9%	112.0%	16.5%	-14.8%	-18.0K	4.4M	-7.5K	0.00	20.54	N/A	N/A	35	0	8,938	11,930
2008-10-30	$4.81	$10.00	103.9%	29.8%	118.7%	78.9%	158.6%	-22.0%	-13.9%	-18.0K	4.6M	-7.3K	6.19	31.95	N/A	N/A	42	260	8,968	11,930
2008-10-31	$5.37	$10.00	105.7%	30.3%	126.5%	80.9%	139.8%	23.2%	-13.1%	-26.1K	4.7M	-9.7K	0.96	45.76	N/A	N/A	130	125	8,982	11,867