ETQ Options History — April 2010

Name: ETQ Options Analytics - April 2010
Creator: Options Analysis Suite

In April 2010, ETQ traded between $8.16 and $8.41. ATM implied volatility averaged 37.5%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 0.6% (HV 20d: 36.9%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.70.

Notable Days

2010-04-16: Highest Volume — 156 contracts
2010-04-15: Largest IV drop — 51.4% change
2010-04-30: Highest IV Rank — 20.2%
2010-04-01: Largest Expected Move — 13.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.27	$8.16	$8.41	$8.21	$8.23
Max Pain	$5.12	$5.00	$7.50	$7.50	$5.00
ATM IV	37.5%	22.8%	60.7%	45.6%	33.6%
Expected Move	8.4%	6.5%	13.1%	13.1%	9.6%
HV 20d	36.9%	13.4%	53.9%	53.2%	13.4%
HV 60d	31.4%	31.2%	31.7%	31.3%	31.7%
IV Rank	16.9%	14.8%	20.2%	14.8%	20.2%
IV Percentile	23.9%	19.0%	31.3%	19.0%	31.3%
Term Structure	-6.2%	-17.1%	5.5%	5.5%	-11.1%
VWIV	25.4%	25.4%	25.4%	25.4%	25.4%
Bid-Ask Spread %	90.48	64.89	119.71	89.13	82.41
Gamma HHI	0.62	0.49	0.79	0.73	0.66
Net GEX	1.8K	-2.7K	13.1K	13.1K	-2.5K
Net DEX	-602.5K	-1.1M	-108.5K	-822.4K	-131.6K
Net VEX	-1.2K	-2.0K	-788	-2.0K	-987
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.70	0.00	4.00	0.00	0.00
Total Volume	13.905	0	156	0	0
Total OI	2,178.571	1,060	3,190	3,190	1,075

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 Vol	Put Vol	Call OI	Put OI
2010-04-01	$8.21	$7.50	45.6%	13.1%	53.2%	0.0%	0.0%	0.0%	5.5%	13.1K	-822.4K	-2.0K	0.00	89.13	0	0	2,028	1,162
2010-04-05	$8.20	$5.00	48.6%	10.6%	53.2%	0.0%	0.0%	0.0%	-9.7%	11.6K	-951.6K	-1.6K	0.00	119.71	0	0	2,028	1,162
2010-04-06	$8.16	$5.00	44.2%	8.0%	53.2%	0.0%	0.0%	0.0%	0.6%	11.5K	-954.2K	-1.5K	0.00	113.88	10	0	2,028	1,162
2010-04-07	$8.20	$5.00	52.2%	7.2%	53.2%	0.0%	0.0%	0.0%	3.1%	13.0K	-862.8K	-1.7K	0.00	93.74	0	6	2,028	1,162
2010-04-08	$8.26	$5.00	42.3%	8.3%	53.3%	0.0%	0.0%	0.0%	-6.0%	5.8K	-1.1M	-1.3K	0.00	113.25	0	0	2,028	1,162
2010-04-09	$8.36	$5.00	48.8%	7.6%	53.4%	0.0%	0.0%	0.0%	-2.8%	2.3K	-1.1M	-1.2K	0.00	112.28	0	0	2,028	1,162
2010-04-12	$8.37	$5.00	57.5%	9.0%	53.4%	0.0%	0.0%	0.0%	-7.9%	2.1K	-1.1M	-1.2K	0.00	101.75	0	0	2,028	1,162
2010-04-13	$8.35	$5.00	51.9%	8.4%	53.4%	0.0%	0.0%	0.0%	-10.2%	691	-1.1M	-1.1K	4.00	114.12	5	20	2,028	1,162
2010-04-14	$8.41	$5.00	60.7%	7.4%	53.4%	0.0%	0.0%	0.0%	-3.8%	55	-1.1M	-995	0.17	92.70	40	7	2,023	1,167
2010-04-15	$8.40	$5.00	29.5%	8.5%	53.4%	0.0%	0.0%	0.0%	-7.9%	-220	-1.1M	-1.1K	0.00	109.01	0	15	1,983	1,167
2010-04-16	$8.29	$5.00	34.3%	9.8%	53.6%	0.0%	0.0%	0.0%	-17.1%	-1.0K	-1.1M	-1.1K	0.00	115.95	156	0	1,983	1,182
2010-04-19	$8.16	$5.00	25.2%	7.2%	53.9%	0.0%	0.0%	0.0%	-13.1%	-1.7K	-113.0K	-1.1K	0.00	72.60	0	10	478	582
2010-04-20	$8.27	$5.00	23.9%	6.9%	21.5%	0.0%	0.0%	0.0%	-3.1%	-1.5K	-153.3K	-1.1K	0.00	66.97	0	0	478	592
2010-04-21	$8.26	$5.00	24.4%	7.0%	14.3%	0.0%	0.0%	0.0%	-3.5%	-1.8K	-139.0K	-1.1K	0.00	69.38	0	5	478	592
2010-04-22	$8.28	$5.00	22.8%	6.5%	13.9%	0.0%	25.4%	0.0%	-4.7%	-1.7K	-151.6K	-1.1K	0.00	64.89	8	0	478	597
2010-04-23	$8.31	$5.00	27.7%	7.9%	13.9%	0.0%	0.0%	0.0%	-7.6%	-2.0K	-176.4K	-854	0.00	81.56	0	0	478	597
2010-04-26	$8.33	$5.00	27.4%	7.8%	13.9%	0.0%	0.0%	0.0%	-6.1%	-2.4K	-165.0K	-913	0.00	75.46	0	0	478	597
2010-04-27	$8.19	$5.00	28.7%	8.2%	14.6%	0.0%	0.0%	0.0%	-5.6%	-1.7K	-108.5K	-1.1K	0.00	68.61	0	0	478	597
2010-04-28	$8.22	$5.00	28.8%	8.3%	14.6%	14.8%	0.0%	0.0%	-7.8%	-2.7K	-146.3K	-934	0.00	71.39	0	0	478	597
2010-04-29	$8.29	$5.00	29.7%	8.5%	14.8%	15.8%	0.0%	0.0%	-11.9%	-2.6K	-169.4K	-788	0.00	71.33	10	0	478	597
2010-04-30	$8.23	$5.00	33.6%	9.6%	13.4%	20.2%	0.0%	0.0%	-11.1%	-2.5K	-131.6K	-987	0.00	82.41	0	0	478	597