TINY Options History — January 2010

In January 2010, TINY traded between $4.04 and $4.68. ATM implied volatility averaged 55.2%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 14.8% (HV 20d: 40.4%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.72.

Notable Days

  • 2010-01-21: Highest Volume — 125 contracts
  • 2010-01-14: Largest IV drop — 49.8% change
  • 2010-01-22: Highest IV Rank — 30.2%
  • 2010-01-22: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.43$4.04$4.68$4.58$4.04
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV55.2%33.3%79.4%48.2%54.2%
Expected Move13.3%9.1%19.0%9.3%15.6%
HV 20d40.4%35.5%43.8%38.9%38.0%
HV 60d42.4%41.2%43.9%41.4%42.1%
IV Rank17.5%1.2%30.2%10.3%19.5%
IV Percentile39.8%0.4%78.6%22.2%42.5%
Term Structure-1.3%-36.5%24.2%24.2%9.9%
VWIV51.7%39.6%68.6%50.2%39.6%
Bid-Ask Spread %48.6628.5675.5674.9629.40
Gamma HHI0.540.400.660.630.42
Net GEX8165441.5K1.1K973
Net DEX19.6K-6.6K54.3K-6.6K32.0K
Net VEX-607-748-493-628-684
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.007.000.000.00
Total Volume32.105012500
Total OI1,272.3681,1121,5381,1551,538

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-01-04$4.58$5.0048.2%9.3%38.9%10.3%0.0%0.0%24.2%1.1K-6.6K-6280.0074.96N/AN/A00879276
2010-01-05$4.48$5.0051.6%9.1%37.6%12.5%0.0%0.0%14.1%74212.4K-5660.0071.20N/AN/A01879276
2010-01-06$4.35$5.0072.7%11.2%39.2%25.9%0.0%0.0%14.6%54429.2K-4930.0075.56N/AN/A730879276
2010-01-07$4.57$5.0050.4%11.7%42.9%11.7%0.0%0.0%0.4%63314.8K-5480.0059.75N/AN/A200836276
2010-01-08$4.58$5.0053.8%11.2%42.8%13.8%0.0%0.0%5.0%7784.5K-5770.0056.57N/AN/A100836276
2010-01-11$4.63$5.0057.6%10.9%41.4%16.3%0.0%0.0%6.0%7893.7K-5690.0056.69N/AN/A00836276
2010-01-12$4.68$5.0066.7%14.3%40.5%22.1%50.2%0.0%-2.4%734-3.6K-5780.9136.85N/AN/A2220836276
2010-01-13$4.58$5.0079.4%12.6%41.6%30.2%0.0%0.0%-0.7%70910.8K-5740.0043.99N/AN/A00836296
2010-01-14$4.59$5.0039.9%11.4%40.9%7.0%45.2%0.0%5.4%66913.9K-5470.0052.10N/AN/A750836296
2010-01-15$4.62$5.0033.3%9.6%40.7%1.2%0.0%0.0%17.2%1.5K755-6250.0033.07N/AN/A200911296
2010-01-19$4.65$5.0041.3%11.8%37.9%8.2%45.5%0.0%-0.1%1.2K-1.3K-5807.0054.80N/AN/A1070931296
2010-01-20$4.58$5.0043.6%12.5%38.6%10.2%0.0%0.0%2.0%83717.4K-6640.0055.65N/AN/A00931366
2010-01-21$4.32$5.0051.6%14.8%42.9%17.2%0.0%0.0%-11.5%58344.8K-5680.0947.93N/AN/A11510931366
2010-01-22$4.17$5.0066.4%19.0%43.8%30.2%0.0%0.0%-25.6%75824.0K-6511.4055.40N/AN/A30421,046376
2010-01-25$4.16$5.0061.1%17.5%43.5%25.6%61.1%0.0%-28.9%67645.4K-6570.0030.57N/AN/A601,076418
2010-01-26$4.17$5.0062.7%18.0%42.8%27.0%0.0%0.0%-30.4%72049.4K-6550.0028.56N/AN/A4001,082418
2010-01-27$4.19$5.0065.8%18.9%37.5%29.7%68.6%0.0%-36.5%63454.3K-6290.0032.48N/AN/A1601,082418
2010-01-28$4.22$5.0048.1%13.8%35.5%14.2%39.6%0.0%12.6%97325.8K-7480.0028.95N/AN/A3001,098418
2010-01-29$4.04$5.0054.2%15.6%38.0%19.5%0.0%0.0%9.9%97332.0K-6840.0029.40N/AN/A001,120418