TINY Options History — November 2009

In November 2009, TINY traded between $4.05 and $4.78. ATM implied volatility averaged 49.7%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 3.5% (HV 20d: 46.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.39.

Notable Days

2009-11-19: Highest Volume — 103 contracts
2009-11-30: Largest IV spike — 31.2% change
2009-11-11: Highest IV Rank — 17.3%
2009-11-10: Largest Expected Move — 16.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.46	$4.05	$4.78	$4.24	$4.05
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	49.7%	37.5%	59.2%	57.5%	54.7%
Expected Move	14.1%	10.7%	16.8%	16.5%	15.7%
HV 20d	46.2%	37.3%	52.4%	51.0%	45.4%
HV 60d	47.3%	45.4%	48.6%	45.4%	47.7%
IV Rank	11.2%	3.5%	17.3%	16.2%	14.4%
IV Percentile	19.4%	1.6%	38.1%	33.3%	32.1%
Term Structure	1.3%	-12.7%	23.8%	-9.3%	-12.7%
VWIV	71.1%	35.7%	117.9%	59.6%	35.7%
Bid-Ask Spread %	43.44	24.72	64.45	27.39	24.72
Gamma HHI	0.64	0.56	0.88	0.63	0.88
Net GEX	4.1K	704	5.0K	3.5K	704
Net DEX	-11.7K	-72.4K	101.6K	13.3K	101.6K
Net VEX	-1.1K	-1.3K	-637	-1.1K	-637
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.39	0.00	3.00	0.00	0.50
Total Volume	12.2	0	103	10	15
Total OI	2,209.3	2,177	2,278	2,184	2,265

Daily Data (20 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
2009-11-02	$4.24	$5.00	57.5%	16.5%	51.0%	16.2%	0.0%	0.0%	-9.3%	3.5K	13.3K	-1.1K	0.00	27.39	N/A	N/A	10	0	1,699	485
2009-11-03	$4.38	$5.00	55.3%	15.9%	52.4%	14.8%	0.0%	0.0%	-8.4%	4.2K	1.6K	-1.2K	3.00	29.53	N/A	N/A	2	6	1,709	485
2009-11-04	$4.36	$5.00	49.2%	14.1%	37.3%	10.9%	0.0%	0.0%	13.1%	3.7K	-40.9K	-1.2K	0.00	24.95	N/A	N/A	20	0	1,686	491
2009-11-05	$4.65	$5.00	46.5%	13.3%	43.5%	9.2%	0.0%	0.0%	13.7%	4.4K	-59.6K	-1.3K	0.00	64.45	N/A	N/A	0	0	1,706	491
2009-11-06	$4.68	$5.00	48.4%	16.4%	43.5%	10.4%	0.0%	0.0%	-3.0%	4.4K	-58.8K	-1.3K	0.00	51.77	N/A	N/A	0	0	1,706	491
2009-11-09	$4.61	$5.00	52.9%	12.2%	43.6%	13.3%	0.0%	0.0%	9.3%	4.9K	-30.3K	-1.2K	0.00	52.03	N/A	N/A	0	0	1,706	486
2009-11-10	$4.51	$5.00	52.6%	16.8%	43.7%	13.1%	59.6%	0.0%	-3.3%	4.2K	-49.8K	-1.2K	0.00	44.66	N/A	N/A	57	0	1,706	486
2009-11-11	$4.49	$5.00	59.2%	13.9%	43.6%	17.3%	0.0%	0.0%	-0.1%	4.1K	-38.8K	-1.2K	0.00	54.92	N/A	N/A	0	0	1,691	486
2009-11-12	$4.37	$5.00	54.1%	15.5%	41.3%	14.0%	0.0%	0.0%	-3.7%	3.7K	-20.9K	-1.1K	0.00	56.38	N/A	N/A	10	0	1,691	486
2009-11-13	$4.55	$5.00	48.6%	13.9%	44.6%	10.5%	0.0%	0.0%	3.3%	4.5K	-21.3K	-1.1K	0.00	56.18	N/A	N/A	0	6	1,691	486
2009-11-16	$4.61	$5.00	54.9%	15.7%	45.1%	14.5%	0.0%	0.0%	-2.4%	4.4K	-36.7K	-1.1K	0.00	60.52	N/A	N/A	0	0	1,691	492
2009-11-17	$4.67	$5.00	52.7%	15.1%	45.1%	13.2%	0.0%	0.0%	2.3%	4.8K	-48.0K	-1.2K	0.00	60.91	N/A	N/A	0	0	1,691	492
2009-11-18	$4.78	$5.00	56.7%	16.3%	45.3%	15.7%	0.0%	0.0%	-1.0%	4.9K	-72.4K	-1.2K	0.00	54.05	N/A	N/A	0	0	1,691	492
2009-11-19	$4.50	$5.00	43.5%	12.5%	50.0%	7.3%	117.9%	0.0%	5.6%	5.0K	-31.7K	-1.1K	0.00	50.36	N/A	N/A	103	0	1,691	492
2009-11-20	$4.44	$5.00	41.9%	12.0%	50.1%	6.3%	0.0%	0.0%	23.8%	4.8K	7.2K	-1.1K	0.00	33.26	N/A	N/A	0	0	1,788	490
2009-11-23	$4.40	$5.00	37.5%	10.7%	50.0%	3.5%	0.0%	0.0%	19.7%	4.7K	24.2K	-1.0K	0.00	28.44	N/A	N/A	0	0	1,784	475
2009-11-24	$4.32	$5.00	45.4%	13.0%	49.8%	8.5%	0.0%	0.0%	-6.2%	4.0K	27.3K	-932	0.00	32.47	N/A	N/A	5	0	1,784	475
2009-11-25	$4.31	$5.00	39.8%	11.4%	49.3%	5.0%	35.7%	0.0%	-6.7%	4.0K	42.1K	-933	0.00	31.35	N/A	N/A	10	0	1,789	475
2009-11-27	$4.21	$5.00	41.7%	12.0%	49.4%	6.2%	0.0%	0.0%	-8.7%	3.3K	57.4K	-828	0.00	30.48	N/A	N/A	0	0	1,790	475
2009-11-30	$4.05	$5.00	54.7%	15.7%	45.4%	14.4%	0.0%	0.0%	-12.7%	704	101.6K	-637	0.50	24.72	N/A	N/A	10	5	1,790	475