TINY Options History — July 2009

In July 2009, TINY traded between $5.10 and $6.48. ATM implied volatility averaged 58.3%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded below realized volatility by 4.8% (HV 20d: 63.1%). 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 6 of 22 days. Put/call ratio averaged 0.47.

Notable Days

  • 2009-07-13: Highest Volume — 110 contracts
  • 2009-07-24: Largest IV spike — 76.2% change
  • 2009-07-15: Highest IV Rank — 42.9%
  • 2009-07-02: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.74$5.10$6.48$6.05$6.48
Max Pain$4.77$2.50$5.00$2.50$5.00
ATM IV58.3%32.0%101.9%57.7%41.8%
Expected Move14.5%9.2%17.7%16.5%12.0%
HV 20d63.1%42.3%72.4%66.4%42.3%
HV 60d67.5%60.7%72.0%71.3%60.9%
IV Rank15.1%0.0%42.9%13.9%6.2%
IV Percentile30.6%0.0%88.5%32.9%2.4%
Term Structure-11.6%-139.3%19.0%-10.7%-17.3%
VWIV43.0%43.0%43.0%43.0%43.0%
Bid-Ask Spread %112.0454.63190.2069.49184.42
Gamma HHI0.660.500.850.650.50
Net GEX9.4K7.1K11.8K8.3K8.2K
Net DEX-557.3K-752.8K-376.1K-621.0K-752.8K
Net VEX-1.6K-1.9K-1.4K-1.6K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.007.000.180.00
Total Volume32.09101106689
Total OI1,929.8181,8362,0741,8401,932

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$6.05$2.5057.7%16.5%66.4%13.9%0.0%0.0%-10.7%8.3K-621.0K-1.6K0.1869.49N/AN/A56101,617223
2009-07-02$5.72$2.5061.7%17.7%67.7%16.6%0.0%0.0%-27.5%9.1K-570.8K-1.5K0.0073.08N/AN/A001,652233
2009-07-06$5.64$5.0063.0%13.6%67.8%17.4%0.0%0.0%5.2%9.6K-534.7K-1.5K0.2484.90N/AN/A1741,652233
2009-07-07$5.54$5.0069.1%13.9%68.1%21.4%0.0%0.0%5.6%9.8K-526.8K-1.5K0.0084.33N/AN/A3201,669230
2009-07-08$5.24$5.0057.4%17.5%70.0%13.7%0.0%0.0%-10.1%10.9K-429.7K-1.5K7.0073.64N/AN/A5351,694230
2009-07-09$5.10$5.0070.1%15.8%70.5%22.1%0.0%0.0%-5.0%9.9K-401.0K-1.6K0.0056.75N/AN/A001,699265
2009-07-10$5.17$5.0048.6%15.8%70.7%8.0%0.0%0.0%-6.0%11.8K-376.1K-1.5K0.00101.01N/AN/A101,699265
2009-07-13$5.36$5.0077.0%16.1%71.7%26.6%0.0%0.0%-7.2%10.8K-452.6K-1.6K0.0054.74N/AN/A11001,699265
2009-07-14$5.46$5.0080.8%13.0%71.7%29.1%0.0%0.0%17.3%10.2K-507.1K-1.6K0.0055.51N/AN/A001,809265
2009-07-15$5.65$5.00101.9%13.4%72.4%42.9%0.0%0.0%-10.3%9.4K-552.4K-1.6K0.0054.63N/AN/A001,809265
2009-07-16$5.71$5.0048.9%14.0%71.2%8.2%0.0%0.0%-7.7%10.0K-576.1K-1.6K0.00102.26N/AN/A7101,809265
2009-07-17$5.60$5.0046.3%13.3%71.3%6.5%43.0%0.0%4.0%10.0K-530.1K-1.6K0.1082.84N/AN/A2021,761262
2009-07-20$5.61$5.0040.9%11.7%68.3%2.9%0.0%0.0%3.3%10.8K-488.9K-1.5K0.00118.61N/AN/A0201,577259
2009-07-21$5.55$5.0044.9%12.9%61.3%5.5%0.0%0.0%-0.1%11.1K-476.2K-1.5K0.00126.34N/AN/A2001,577275
2009-07-22$5.81$5.0064.8%0.0%62.9%18.6%0.0%0.0%0.0%8.2K-594.0K-1.6K0.00179.92N/AN/A601,597275
2009-07-23$5.90$5.0032.0%9.2%62.9%0.0%0.0%0.0%19.0%7.1K-557.0K-1.9K0.00190.20N/AN/A001,602275
2009-07-24$6.09$5.0056.4%0.0%63.4%15.5%0.0%0.0%-139.3%8.2K-640.5K-1.6K0.00189.37N/AN/A2501,602275
2009-07-27$6.14$5.0051.5%14.8%46.0%12.4%0.0%0.0%-5.1%8.2K-664.8K-1.5K0.00187.43N/AN/A1601,625275
2009-07-28$6.00$5.0054.8%15.7%46.9%14.5%0.0%0.0%-34.7%7.8K-649.4K-1.4K0.00109.40N/AN/A10801,639269
2009-07-29$6.07$5.0052.0%14.9%46.7%12.7%0.0%0.0%-3.5%8.3K-665.9K-1.6K0.00187.61N/AN/A801,647269
2009-07-30$6.32$5.0060.5%17.3%47.1%18.1%0.0%0.0%-13.2%8.9K-692.8K-1.7K0.0098.43N/AN/A5101,647269
2009-07-31$6.48$5.0041.8%12.0%42.3%6.2%0.0%0.0%-17.3%8.2K-752.8K-1.7K0.00184.42N/AN/A8901,663269