TINY Options History — September 2009

In September 2009, TINY traded between $5.61 and $6.74. ATM implied volatility averaged 48.2%, placing in the 10.3% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 7.7% (HV 20d: 40.5%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2009-09-18: Highest Volume — 172 contracts
  • 2009-09-29: Largest IV spike — 32.3% change
  • 2009-09-09: Highest IV Rank — 23.5%
  • 2009-09-30: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.20$5.61$6.74$5.61$6.25
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV48.2%36.0%69.0%52.3%62.9%
Expected Move13.1%10.3%18.0%15.0%18.0%
HV 20d40.5%36.2%44.4%36.8%39.6%
HV 60d48.1%41.2%52.3%52.1%41.7%
IV Rank10.3%2.5%23.5%12.9%19.6%
IV Percentile14.7%0.4%46.8%21.0%34.5%
Term Structure7.7%-20.8%17.3%0.7%-20.8%
Bid-Ask Spread %61.3623.5994.0472.7925.08
Gamma HHI0.550.500.650.650.55
Net GEX7.0K5.8K10.1K10.1K6.2K
Net DEX-549.2K-705.3K-380.0K-526.4K-396.9K
Net VEX-1.4K-1.6K-1.2K-1.3K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.006.826.820.11
Total Volume29.57101728652
Total OI1,793.2381,3922,0531,9901,411

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-09-01$5.61$5.0052.3%15.0%36.8%12.9%0.0%0.0%0.7%10.1K-526.4K-1.3K6.8272.79N/AN/A11751,683307
2009-09-02$5.71$5.0054.0%15.5%38.0%14.0%0.0%0.0%-0.1%8.8K-547.6K-1.3K0.0071.55N/AN/A001,686367
2009-09-03$5.80$5.0055.8%16.0%38.7%15.1%0.0%0.0%-0.2%8.0K-565.9K-1.3K0.0072.29N/AN/A001,686367
2009-09-04$5.89$0.0057.5%14.7%38.7%16.2%0.0%0.0%14.4%7.5K-592.9K-1.3K0.0050.60N/AN/A701,686367
2009-09-08$5.80$0.0063.0%12.1%38.8%19.7%0.0%0.0%10.4%7.8K-565.9K-1.2K0.0068.85N/AN/A1301,686367
2009-09-09$5.83$0.0069.0%12.0%37.9%23.5%0.0%0.0%14.0%7.7K-576.0K-1.3K0.0066.70N/AN/A001,683367
2009-09-10$6.09$0.0047.3%13.6%41.6%9.7%0.0%0.0%6.9%7.1K-642.0K-1.3K0.0067.66N/AN/A001,683367
2009-09-11$6.04$0.0047.0%13.5%40.5%9.5%0.0%0.0%11.9%7.3K-634.5K-1.3K0.0093.91N/AN/A4001,683367
2009-09-14$6.10$0.0049.8%14.3%36.2%11.3%0.0%0.0%7.8%6.3K-622.2K-1.2K0.0066.90N/AN/A1901,647367
2009-09-15$6.49$0.0036.0%10.3%40.5%2.5%0.0%0.0%15.1%6.2K-705.3K-1.4K0.1293.04N/AN/A83101,628367
2009-09-16$6.47$0.0038.2%10.9%40.6%3.9%0.0%0.0%12.2%6.1K-698.4K-1.4K0.0094.04N/AN/A001,644357
2009-09-17$6.36$0.0038.9%11.1%41.0%4.4%0.0%0.0%11.8%6.4K-683.7K-1.4K0.0093.95N/AN/A401,644357
2009-09-18$6.41$0.0040.4%11.6%40.9%5.4%0.0%0.0%14.0%5.8K-695.8K-1.5K0.0091.70N/AN/A17201,645357
2009-09-21$6.59$0.0039.5%11.3%40.7%4.8%0.0%0.0%14.0%7.1K-457.8K-1.6K0.0067.84N/AN/A001,243193
2009-09-22$6.74$0.0036.5%10.5%41.2%2.9%0.0%0.0%17.3%7.1K-492.6K-1.6K0.0067.23N/AN/A4001,243193
2009-09-23$6.56$0.0036.2%10.4%42.6%2.7%0.0%0.0%15.8%6.5K-466.6K-1.6K0.0024.77N/AN/A1401,213193
2009-09-24$6.34$0.0041.4%11.9%44.4%6.0%0.0%0.0%12.0%6.0K-421.3K-1.5K0.1923.68N/AN/A2651,199193
2009-09-25$6.48$0.0040.8%11.7%44.3%5.6%0.0%0.0%11.1%6.9K-434.5K-1.5K0.0025.65N/AN/A001,203198
2009-09-28$6.43$0.0045.2%13.0%43.7%8.4%0.0%0.0%9.2%6.2K-426.2K-1.5K0.0026.80N/AN/A901,203198
2009-09-29$6.20$0.0059.9%17.2%44.0%17.7%0.0%0.0%-15.2%7.0K-380.0K-1.4K0.1123.59N/AN/A3741,212198
2009-09-30$6.25$0.0062.9%18.0%39.6%19.6%0.0%0.0%-20.8%6.2K-396.9K-1.5K0.0025.08N/AN/A0521,213198