NGL Options History — February 2013

Name: NGL Options Analytics - February 2013
Creator: Options Analysis Suite

In February 2013, NGL traded between $23.80 and $24.87. ATM implied volatility averaged 49.6%. The 30-day expected move averaged 14.2%. Max pain ranged from $25.00 to $25.00. Net GEX was positive for 1 of 12 trading days. Term structure was in contango for 4 of 12 days. Put/call ratio averaged 0.00.

Notable Days

2013-02-19: Highest Volume — 11 contracts
2013-02-15: Largest IV spike — 233.2% change
2013-02-25: Largest Expected Move — 25.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.29	$23.80	$24.87	$24.87	$24.37
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	49.6%	24.1%	88.5%	82.2%	24.1%
Expected Move	14.2%	6.9%	25.4%	23.6%	6.9%
Term Structure	-9.7%	-30.0%	4.8%	-25.8%	-4.0%
VWIV	25.9%	25.9%	25.9%	25.9%	25.9%
Skew 25d	6.0%	-9.7%	13.4%	13.4%	11.5%
Skew 10d	8.6%	-15.7%	18.7%	16.3%	15.8%
Call IV 25d	28.0%	20.8%	37.1%	24.5%	20.8%
Put IV 25d	34.0%	23.4%	50.2%	37.9%	32.3%
Bid-Ask Spread %	154.21	130.39	181.48	181.48	133.72
Gamma HHI	0.80	0.50	1.00	1.00	0.50
Net GEX	-100	-563	113	0	-540
Net DEX	1.5K	-561	7.9K	0	7.8K
Net VEX	-12	-59	0	0	-59
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	2.25	0	11	0	5
Total OI	2.917	0	12	0	12

Daily Data (12 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-02-12	$24.87	$0.00	82.2%	23.6%	0.0%	0.0%	0.0%	0.0%	-25.8%	0	0	0	181.48	N/A	N/A	0	0	0	0
2013-02-13	$24.50	$0.00	25.4%	7.3%	0.0%	0.0%	0.0%	0.0%	3.3%	0	0	0	137.13	N/A	N/A	0	0	0	0
2013-02-14	$24.50	$0.00	24.1%	6.9%	0.0%	0.0%	0.0%	0.0%	4.8%	0	0	0	130.39	N/A	N/A	0	0	0	0
2013-02-15	$23.80	$0.00	80.4%	23.0%	0.0%	0.0%	0.0%	0.0%	-30.0%	0	0	0	178.48	N/A	N/A	0	0	0	0
2013-02-19	$24.69	$0.00	27.8%	8.0%	0.0%	0.0%	25.9%	13.4%	0.4%	0	0	0	142.40	N/A	N/A	11	0	0	0
2013-02-20	$24.24	$25.00	24.6%	7.0%	0.0%	0.0%	0.0%	11.3%	4.6%	0	0	0	133.49	N/A	N/A	0	0	1	0
2013-02-21	$23.80	$25.00	81.8%	23.4%	0.0%	0.0%	0.0%	13.2%	-19.4%	113	-561	-2	177.82	N/A	N/A	0	0	1	0
2013-02-22	$24.09	$25.00	27.0%	7.7%	0.0%	0.0%	0.0%	5.9%	-1.2%	0	0	0	141.36	N/A	N/A	0	3	1	0
2013-02-25	$24.20	$25.00	88.5%	25.4%	0.0%	0.0%	0.0%	-9.7%	-21.0%	-121	257	-2	179.61	N/A	N/A	0	0	1	3
2013-02-26	$24.17	$25.00	83.9%	24.1%	0.0%	0.0%	0.0%	-8.2%	-23.7%	-83	2.2K	-18	178.24	N/A	N/A	0	8	1	3
2013-02-27	$24.30	$25.00	25.6%	7.3%	0.0%	0.0%	0.0%	10.9%	-3.9%	-563	7.9K	-59	136.40	N/A	N/A	0	0	1	11
2013-02-28	$24.37	$25.00	24.1%	6.9%	0.0%	0.0%	0.0%	11.5%	-4.0%	-540	7.8K	-59	133.72	N/A	N/A	0	5	1	11