TINY Options History — June 2009

In June 2009, TINY traded between $4.70 and $5.83. ATM implied volatility averaged 57.1%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 5.4% (HV 20d: 62.6%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.11.

Notable Days

  • 2009-06-26: Highest Volume — 571 contracts
  • 2009-06-10: Largest IV spike — 26.6% change
  • 2009-06-10: Highest IV Rank — 20.8%
  • 2009-06-08: Largest Expected Move — 19.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.21$4.70$5.83$4.70$5.83
Max Pain$2.84$2.50$5.00$2.50$2.50
ATM IV57.1%48.5%67.0%48.5%60.9%
Expected Move16.5%13.9%19.2%13.9%17.5%
HV 20d62.6%54.8%71.6%68.9%65.9%
HV 60d76.9%70.9%87.5%87.5%71.7%
IV Rank14.0%8.7%20.8%8.7%16.0%
IV Percentile33.4%21.8%45.2%21.8%36.9%
Term Structure2.8%-17.5%30.1%28.8%-17.5%
VWIV58.4%40.3%79.6%79.6%58.3%
Bid-Ask Spread %73.2142.96109.1377.5169.48
Gamma HHI0.830.670.920.800.67
Net GEX9.0K5.5K16.1K5.5K8.3K
Net DEX-373.3K-590.5K-214.3K-214.3K-590.5K
Net VEX-1.1K-1.6K-834-834-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.000.000.00
Total Volume77.4090571227111
Total OI1,611.8181,2321,8141,4611,740

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$4.70$2.5048.5%13.9%68.9%8.7%79.6%0.0%28.8%5.5K-214.3K-8340.0077.51N/AN/A22701,127334
2009-06-02$4.79$2.5051.8%14.8%69.3%10.9%0.0%0.0%30.1%6.6K-261.2K-1.0K0.00103.27N/AN/A001,294334
2009-06-03$4.78$2.5056.3%16.1%68.1%13.8%0.0%0.0%28.7%6.4K-257.0K-9900.0075.77N/AN/A201,294334
2009-06-04$5.09$2.5062.5%17.9%71.6%17.8%55.8%0.0%5.9%10.9K-310.3K-9720.0063.16N/AN/A4001,296334
2009-06-05$5.03$5.0058.5%17.2%65.4%15.2%0.0%0.0%-0.6%9.8K-323.2K-1.0K0.7593.88N/AN/A40301,322334
2009-06-08$5.12$5.0063.2%19.2%64.4%18.3%67.7%0.0%-5.0%9.8K-351.4K-1.0K0.0596.49N/AN/A6431,352345
2009-06-09$5.32$5.0053.0%18.4%65.2%11.6%64.4%0.0%-8.6%11.7K-441.2K-1.1K0.0094.18N/AN/A22801,396348
2009-06-10$5.36$2.5067.0%17.4%64.3%20.8%0.0%0.0%-3.4%10.4K-450.7K-1.2K0.0052.10N/AN/A7001,443348
2009-06-11$5.36$2.5061.5%17.6%60.0%17.2%0.0%0.0%-4.2%11.1K-481.6K-1.2K0.0649.94N/AN/A5131,466348
2009-06-12$5.46$2.5049.5%14.2%59.6%9.4%0.0%0.0%14.7%9.8K-487.8K-1.1K0.0047.84N/AN/A201,448351
2009-06-15$5.36$2.5060.1%17.2%56.9%16.3%0.0%0.0%-2.3%10.5K-474.6K-1.1K0.0054.27N/AN/A1001,448351
2009-06-16$5.29$2.5063.5%18.2%54.9%18.5%0.0%0.0%-5.5%12.0K-461.1K-1.1K0.0049.88N/AN/A001,448351
2009-06-17$5.12$2.5063.4%18.2%56.3%18.4%0.0%0.0%-7.5%12.3K-375.8K-1.1K1.00104.94N/AN/A111,448351
2009-06-18$5.03$2.5058.9%16.9%56.8%15.5%58.8%0.0%1.3%16.1K-356.4K-1.1K0.0042.96N/AN/A1301,447352
2009-06-19$5.34$2.5053.4%15.3%59.0%11.1%43.4%0.0%16.9%5.7K-468.8K-1.1K0.0096.10N/AN/A8001,424352
2009-06-22$4.93$2.5060.6%17.4%63.6%15.9%0.0%0.0%-9.6%5.8K-239.4K-1.0K0.00109.13N/AN/A001,019213
2009-06-23$4.99$2.5052.8%15.1%61.3%10.7%0.0%0.0%1.9%6.0K-239.0K-1.1K0.0057.14N/AN/A041,019213
2009-06-24$5.07$2.5053.2%15.2%56.0%11.0%0.0%0.0%6.6%6.3K-246.9K-1.1K0.0056.68N/AN/A001,019217
2009-06-25$5.07$2.5053.0%15.2%54.8%10.8%0.0%0.0%7.0%6.8K-236.5K-1.0K0.0074.89N/AN/A1001,019217
2009-06-26$5.75$2.5051.6%14.8%68.2%9.9%40.3%0.0%2.3%6.9K-376.0K-9280.0371.59N/AN/A552191,029217
2009-06-29$5.73$2.5053.4%15.3%65.9%11.1%57.6%0.0%-17.4%8.9K-567.5K-1.5K0.0669.38N/AN/A13481,491227
2009-06-30$5.83$2.5060.9%17.5%65.9%16.0%58.3%0.0%-17.5%8.3K-590.5K-1.6K0.0069.48N/AN/A11101,517223