CYD Options History — February 2009

In February 2009, CYD traded between $3.35 and $4.37. ATM implied volatility averaged 102.6%, placing in the 51.8% IV rank vs the trailing year. The 30-day expected move averaged 30.4%. IV traded above realized volatility by 26.4% (HV 20d: 76.3%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 4.61.

Notable Days

2009-02-19: Highest Volume — 294 contracts
2009-02-19: Largest IV spike — 43.4% change
2009-02-02: Highest IV Rank — 67.3%
2009-02-02: Largest Expected Move — 35.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.94	$3.35	$4.37	$4.30	$4.09
Max Pain	$5.53	$5.00	$7.50	$7.50	$5.00
ATM IV	102.6%	78.8%	123.6%	123.6%	78.8%
Expected Move	30.4%	22.6%	35.4%	35.4%	22.6%
HV 20d	76.3%	65.2%	96.0%	96.0%	94.6%
HV 60d	112.8%	83.2%	130.0%	130.0%	84.2%
IV Rank	51.8%	34.3%	67.3%	67.3%	34.3%
IV Percentile	78.5%	61.5%	88.9%	88.9%	61.5%
Term Structure	0.3%	-64.4%	32.3%	-8.7%	8.9%
VWIV	105.8%	100.6%	110.4%	107.2%	105.0%
Skew 25d	6.0%	-51.1%	37.2%	-16.5%	37.2%
Skew 10d	12.1%	-51.1%	58.9%	-34.8%	58.9%
Call IV 25d	107.7%	74.7%	189.8%	139.5%	74.7%
Put IV 25d	113.7%	97.7%	138.7%	123.0%	111.9%
Bid-Ask Spread %	24.02	10.57	42.90	22.60	16.61
Gamma HHI	0.46	0.32	0.64	0.43	0.45
Net GEX	-688	-2.3K	418	-2.3K	-91
Net DEX	861.6K	150.0K	1.2M	989.9K	150.0K
Net VEX	-1.4K	-2.0K	-1.1K	-2.0K	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.61	0.00	19.33	0.00	7.50
Total Volume	103.632	0	294	30	17
Total OI	8,165.737	2,331	10,398	10,093	2,442

Daily Data (19 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
2009-02-02	$4.30	$7.50	123.6%	35.4%	96.0%	67.3%	0.0%	-16.5%	-8.7%	-2.3K	989.9K	-2.0K	0.00	22.60	N/A	N/A	30	0	6,320	3,773
2009-02-03	$4.32	$7.50	114.4%	32.8%	87.1%	60.5%	0.0%	-1.1%	3.7%	-1.9K	1.0M	-1.9K	0.00	22.70	N/A	N/A	0	0	6,350	3,773
2009-02-04	$4.37	$7.50	107.2%	30.7%	84.0%	55.1%	107.2%	-5.0%	18.9%	-1.8K	1.1M	-1.8K	0.63	10.57	N/A	N/A	87	55	6,350	3,773
2009-02-05	$4.22	$7.50	106.0%	30.4%	78.8%	54.2%	0.0%	-8.4%	17.2%	-1.7K	1.1M	-1.8K	0.00	17.57	N/A	N/A	0	0	6,350	3,803
2009-02-06	$4.32	$5.00	96.4%	33.9%	75.1%	47.2%	0.0%	1.8%	-9.8%	-1.7K	1.1M	-1.7K	0.00	29.17	N/A	N/A	0	0	6,350	3,803
2009-02-09	$4.33	$5.00	100.3%	33.9%	75.1%	50.1%	0.0%	4.9%	-8.3%	-1.6K	1.1M	-1.6K	0.00	31.66	N/A	N/A	0	0	6,350	3,803
2009-02-10	$4.20	$5.00	95.7%	31.7%	65.7%	46.7%	110.4%	14.3%	0.8%	418	1.2M	-1.3K	0.00	15.92	N/A	N/A	0	161	6,350	3,803
2009-02-11	$4.12	$5.00	88.2%	28.8%	65.8%	41.2%	100.6%	20.8%	11.5%	175	1.2M	-1.4K	14.00	17.88	N/A	N/A	10	140	6,350	3,908
2009-02-12	$3.97	$5.00	105.0%	30.1%	67.0%	53.5%	105.0%	-51.1%	1.9%	-28	1.2M	-1.3K	2.00	24.09	N/A	N/A	1	2	6,360	3,933
2009-02-13	$4.20	$5.00	99.5%	28.5%	70.2%	49.5%	0.0%	10.8%	7.5%	-26	1.2M	-1.3K	1.63	19.87	N/A	N/A	52	85	6,360	3,935
2009-02-17	$3.80	$5.00	105.2%	30.2%	78.6%	53.7%	0.0%	10.6%	6.4%	-6	1.1M	-1.2K	0.00	24.61	N/A	N/A	0	279	6,399	3,999
2009-02-18	$3.89	$5.00	81.8%	23.4%	65.2%	36.4%	0.0%	11.0%	8.7%	-293	1.2M	-1.2K	3.28	42.90	N/A	N/A	61	200	6,399	3,909
2009-02-19	$3.51	$5.00	117.3%	33.6%	74.6%	62.6%	0.0%	10.3%	10.7%	-477	1.0M	-1.2K	4.88	34.78	N/A	N/A	50	244	6,358	3,952
2009-02-20	$3.37	$5.00	111.3%	31.9%	74.5%	58.2%	0.0%	5.2%	-64.4%	-407	1.0M	-1.1K	19.33	35.40	N/A	N/A	12	232	6,398	3,925
2009-02-23	$3.35	$5.00	103.6%	29.7%	74.3%	52.5%	0.0%	6.3%	32.3%	-470	209.1K	-1.1K	6.67	32.47	N/A	N/A	15	100	1,102	1,327
2009-02-24	$3.53	$5.00	116.5%	33.4%	76.5%	62.0%	0.0%	22.7%	-21.4%	-389	184.0K	-1.1K	0.00	19.09	N/A	N/A	47	0	1,112	1,219
2009-02-25	$3.53	$5.00	118.9%	34.1%	73.2%	63.8%	0.0%	24.9%	-0.2%	-250	172.4K	-1.1K	0.00	18.81	N/A	N/A	83	0	1,150	1,219
2009-02-26	$3.47	$5.00	80.4%	23.1%	72.7%	35.4%	0.0%	15.4%	-10.6%	-209	187.2K	-1.1K	0.00	19.72	N/A	N/A	6	0	1,223	1,219
2009-02-27	$4.09	$5.00	78.8%	22.6%	94.6%	34.3%	0.0%	37.2%	8.9%	-91	150.0K	-1.3K	7.50	16.61	N/A	N/A	2	15	1,223	1,219