TINY Options History — June 2008

In June 2008, TINY traded between $6.00 and $7.81. ATM implied volatility averaged 46.4%, placing in the 38.9% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 0.5% (HV 20d: 45.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.98.

Notable Days

2008-06-24: Highest Volume — 186 contracts
2008-06-20: Largest IV spike — 16.8% change
2008-06-09: Highest IV Rank — 46.5%
2008-06-03: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.96	$6.00	$7.81	$7.78	$6.00
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	46.4%	35.0%	50.2%	46.8%	49.9%
Expected Move	13.2%	10.0%	14.3%	13.4%	14.3%
HV 20d	45.8%	32.7%	52.4%	42.2%	50.6%
HV 60d	46.4%	42.8%	50.6%	46.8%	42.8%
IV Rank	38.9%	16.9%	46.5%	39.9%	44.9%
IV Percentile	54.5%	7.1%	79.4%	55.2%	79.0%
Term Structure	-0.8%	-12.5%	15.6%	-1.6%	5.9%
VWIV	44.6%	33.8%	50.0%	46.8%	37.5%
Bid-Ask Spread %	29.48	11.93	62.77	34.51	13.33
Gamma HHI	0.49	0.47	0.56	0.52	0.47
Net GEX	7.4K	3.7K	10.7K	10.5K	4.5K
Net DEX	-116.6K	-306.6K	59.6K	-257.5K	1.8K
Net VEX	-1.9K	-2.4K	-1.1K	-2.3K	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.98	0.00	14.00	0.00	0.33
Total Volume	45.905	0	186	26	40
Total OI	2,508.095	1,920	2,768	2,568	2,154

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2008-06-02	$7.78	$7.50	46.8%	13.4%	42.2%	39.9%	46.8%	0.0%	-1.6%	10.5K	-257.5K	-2.3K	0.00	34.51	N/A	N/A	26	0	2,015	553
2008-06-03	$7.63	$7.50	49.9%	14.3%	42.7%	45.9%	50.0%	0.0%	-3.4%	9.6K	-191.8K	-2.2K	0.07	33.49	N/A	N/A	54	4	2,034	553
2008-06-04	$7.69	$7.50	46.7%	13.4%	42.7%	39.7%	0.0%	0.0%	-1.4%	10.3K	-253.5K	-2.3K	0.47	30.41	N/A	N/A	43	20	2,077	530
2008-06-05	$7.81	$7.50	49.1%	14.1%	42.0%	44.3%	49.2%	0.0%	-3.0%	10.7K	-306.6K	-2.4K	14.00	37.46	N/A	N/A	2	28	2,118	550
2008-06-06	$7.61	$7.50	48.5%	13.1%	42.9%	43.3%	0.0%	0.0%	0.2%	10.4K	-251.0K	-2.3K	0.00	33.10	N/A	N/A	10	0	2,120	540
2008-06-09	$7.25	$7.50	50.2%	13.7%	45.9%	46.5%	47.7%	0.0%	-2.3%	9.1K	-150.9K	-2.1K	1.20	29.14	N/A	N/A	25	30	2,120	540
2008-06-10	$7.35	$7.50	45.6%	12.9%	46.2%	37.6%	0.0%	0.0%	1.4%	9.2K	-170.8K	-2.2K	0.00	26.79	N/A	N/A	14	0	2,145	564
2008-06-11	$7.64	$7.50	47.9%	13.6%	37.6%	42.0%	47.3%	0.0%	0.5%	10.4K	-283.0K	-2.3K	11.00	31.40	N/A	N/A	5	55	2,154	564
2008-06-12	$7.69	$7.50	47.4%	13.6%	37.8%	41.1%	0.0%	0.0%	-0.9%	10.2K	-281.2K	-2.3K	2.05	32.27	N/A	N/A	20	41	2,154	578
2008-06-13	$7.70	$7.50	46.5%	13.3%	37.8%	39.4%	0.0%	0.0%	0.5%	9.4K	-273.3K	-2.3K	1.25	29.92	N/A	N/A	16	20	2,134	607
2008-06-16	$7.58	$7.50	47.0%	13.5%	32.7%	40.2%	0.0%	0.0%	1.2%	7.8K	-207.9K	-2.2K	0.00	30.08	N/A	N/A	1	0	2,141	627
2008-06-17	$6.73	$7.50	40.8%	11.7%	52.4%	28.2%	33.8%	0.0%	1.3%	6.0K	49.0K	-1.7K	2.43	47.03	N/A	N/A	37	90	2,140	627
2008-06-18	$6.50	$7.50	35.0%	10.0%	51.2%	16.9%	0.0%	0.0%	15.6%	5.3K	41.5K	-1.6K	0.72	62.77	N/A	N/A	36	26	2,148	581
2008-06-19	$6.30	$7.50	37.8%	10.8%	51.4%	22.3%	0.0%	0.0%	6.6%	4.2K	59.6K	-1.2K	5.80	62.52	N/A	N/A	5	29	2,183	497
2008-06-20	$6.20	$7.50	44.1%	12.7%	51.4%	34.7%	0.0%	0.0%	-12.2%	4.7K	9.9K	-1.5K	0.00	15.13	N/A	N/A	10	0	2,187	508
2008-06-23	$6.15	$7.50	45.7%	13.1%	51.2%	37.7%	0.0%	0.0%	-10.3%	3.7K	46.1K	-1.1K	0.10	11.93	N/A	N/A	21	2	1,527	393
2008-06-24	$6.15	$7.50	49.6%	14.2%	51.1%	45.3%	0.0%	0.0%	7.8%	4.0K	29.5K	-1.2K	0.06	14.53	N/A	N/A	176	10	1,544	385
2008-06-25	$6.14	$7.50	48.0%	13.8%	50.9%	42.2%	0.0%	0.0%	-11.9%	4.8K	-10.7K	-1.4K	0.00	13.46	N/A	N/A	30	0	1,711	395
2008-06-26	$6.08	$7.50	48.4%	13.9%	50.9%	41.9%	37.5%	0.0%	1.9%	5.2K	-29.6K	-1.5K	0.03	13.98	N/A	N/A	37	1	1,741	395
2008-06-27	$6.10	$7.50	48.6%	13.9%	50.9%	42.4%	0.0%	0.0%	-12.5%	5.0K	-17.3K	-1.4K	0.00	15.85	N/A	N/A	0	0	1,741	395
2008-06-30	$6.00	$7.50	49.9%	14.3%	50.6%	44.9%	0.0%	0.0%	5.9%	4.5K	1.8K	-1.2K	0.33	13.33	N/A	N/A	30	10	1,760	394