TINY Options History — April 2009

In April 2009, TINY traded between $3.95 and $5.01. ATM implied volatility averaged 69.4%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded below realized volatility by 21.2% (HV 20d: 90.6%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.11.

Notable Days

  • 2009-04-17: Highest Volume — 128 contracts
  • 2009-04-13: Largest IV spike — 25.6% change
  • 2009-04-13: Highest IV Rank — 29.2%
  • 2009-04-13: Largest Expected Move — 22.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.56$3.95$5.01$3.95$4.84
Max Pain$4.62$2.50$5.00$2.50$5.00
ATM IV69.4%58.3%79.0%67.1%74.6%
Expected Move19.7%16.7%22.6%19.2%21.4%
HV 20d90.6%84.1%115.9%115.9%87.6%
HV 60d92.1%89.0%95.4%91.1%95.3%
IV Rank23.1%15.9%29.2%21.6%26.4%
IV Percentile52.4%42.5%61.9%52.0%56.7%
Term Structure-1.0%-12.1%22.6%-10.3%-12.1%
VWIV71.7%69.0%74.9%69.8%74.9%
Bid-Ask Spread %65.2922.56109.8522.5663.70
Gamma HHI0.750.690.810.690.78
Net GEX2.6K1.4K3.9K1.4K3.9K
Net DEX-184.4K-233.3K-107.9K-107.9K-225.6K
Net VEX-734-776-600-600-776
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.250.190.00
Total Volume23.2380128038
Total OI1,113.2389551,2289551,228

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-04-01$3.95$2.5067.1%19.2%115.9%21.6%0.0%0.0%-10.3%1.4K-107.9K-6000.0022.56N/AN/A00706249
2009-04-02$4.32$2.5064.6%18.5%106.1%20.0%0.0%0.0%22.6%1.7K-131.5K-6080.1927.33N/AN/A10320706249
2009-04-03$4.49$0.0059.5%20.4%94.2%16.7%0.0%0.0%-2.2%2.1K-169.9K-7650.0046.95N/AN/A170806269
2009-04-06$4.30$0.0074.4%21.4%95.8%26.3%0.0%0.0%-0.2%1.9K-164.3K-7710.0085.15N/AN/A00813269
2009-04-07$4.13$0.0076.2%19.2%94.0%27.5%0.0%0.0%-2.3%1.9K-153.3K-7440.0055.12N/AN/A20813269
2009-04-08$4.38$0.0078.7%18.5%91.7%29.0%0.0%0.0%-1.1%2.0K-161.9K-7450.0056.64N/AN/A00815269
2009-04-09$4.47$0.0062.9%18.0%85.5%18.9%0.0%0.0%1.8%2.1K-172.9K-7570.00106.37N/AN/A370815269
2009-04-13$4.59$0.0079.0%22.6%84.1%29.2%0.0%0.0%-10.6%2.3K-182.1K-7280.0049.72N/AN/A200819269
2009-04-14$4.48$0.0073.5%21.1%85.2%25.7%0.0%0.0%-3.0%2.3K-185.4K-7650.0047.59N/AN/A100839269
2009-04-15$4.68$0.0071.3%20.4%85.8%24.3%69.8%0.0%-2.8%2.4K-193.4K-7050.0048.97N/AN/A50829269
2009-04-16$4.78$5.0070.9%20.3%84.5%24.0%71.1%0.0%-3.2%2.5K-201.3K-7150.0037.57N/AN/A160811269
2009-04-17$5.01$5.0069.0%19.8%85.2%22.8%69.0%0.0%1.7%3.1K-233.3K-7350.0446.42N/AN/A1235827269
2009-04-20$4.68$5.0073.8%21.1%89.7%25.9%73.6%0.0%-7.5%3.1K-206.0K-7591.25105.32N/AN/A1620866274
2009-04-21$4.80$5.0066.8%19.2%86.7%21.4%0.0%0.0%-2.2%3.3K-209.7K-7680.0072.13N/AN/A00880294
2009-04-22$4.74$5.0065.0%18.6%85.0%20.2%0.0%0.0%0.6%3.2K-204.9K-7740.0050.91N/AN/A00880294
2009-04-23$4.71$5.0058.3%16.7%85.0%15.9%0.0%0.0%4.6%3.1K-196.9K-7620.00107.47N/AN/A00880294
2009-04-24$4.75$5.0067.8%19.4%84.6%22.0%0.0%0.0%0.8%3.2K-207.6K-7680.0098.72N/AN/A00880294
2009-04-27$4.17$5.0066.5%19.1%93.3%21.2%0.0%0.0%1.0%2.4K-160.7K-7020.0073.10N/AN/A00880294
2009-04-28$4.67$5.0074.2%21.3%92.5%26.2%0.0%0.0%1.1%2.9K-190.4K-7500.0059.46N/AN/A50880294
2009-04-29$4.87$5.0063.2%18.1%89.4%19.1%0.0%0.0%2.7%3.5K-213.3K-7120.00109.85N/AN/A510885294
2009-04-30$4.84$5.0074.6%21.4%87.6%26.4%74.9%0.0%-12.1%3.9K-225.6K-7760.0063.70N/AN/A380934294