TINY Options History — April 2010

In April 2010, TINY traded between $4.70 and $5.33. ATM implied volatility averaged 43.7%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 6.4% (HV 20d: 37.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 5.33.

Notable Days

2010-04-20: Highest Volume — 355 contracts
2010-04-12: Largest IV spike — 62.1% change
2010-04-13: Highest IV Rank — 67.5%
2010-04-26: Largest Expected Move — 12.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.98	$4.70	$5.33	$4.70	$4.85
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	43.7%	29.2%	81.7%	40.3%	35.3%
Expected Move	11.1%	8.4%	12.8%	11.5%	10.1%
HV 20d	37.3%	33.2%	42.4%	40.4%	38.8%
HV 60d	40.6%	39.5%	41.8%	41.3%	41.2%
IV Rank	17.2%	0.0%	67.5%	9.8%	7.9%
IV Percentile	22.7%	0.0%	98.0%	9.9%	2.8%
Term Structure	8.5%	-5.7%	21.9%	-0.5%	13.0%
VWIV	37.1%	32.1%	44.9%	44.9%	34.4%
Bid-Ask Spread %	105.31	61.29	131.21	83.56	120.22
Gamma HHI	0.59	0.46	0.84	0.46	0.48
Net GEX	1.4K	-231	2.9K	1.6K	-231
Net DEX	-94.3K	-184.7K	-19.7K	-63.6K	-19.7K
Net VEX	-1.2K	-1.9K	-840	-881	-1.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	5.33	0.00	70.00	0.00	0.45
Total Volume	72.524	0	355	40	64
Total OI	1,468.286	1,135	2,042	1,135	2,042

Daily Data (21 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
2010-04-01	$4.70	$5.00	40.3%	11.5%	40.4%	9.8%	0.0%	0.0%	-0.5%	1.6K	-63.6K	-881	0.00	83.56	N/A	N/A	40	0	794	341
2010-04-05	$4.90	$5.00	30.8%	12.8%	39.8%	0.0%	44.9%	0.0%	-0.2%	2.1K	-89.9K	-904	0.00	110.70	N/A	N/A	35	0	834	341
2010-04-06	$4.86	$5.00	39.4%	10.4%	39.9%	11.4%	0.0%	0.0%	10.8%	2.3K	-93.7K	-907	0.00	106.96	N/A	N/A	0	30	856	341
2010-04-07	$4.90	$5.00	45.5%	12.3%	40.0%	19.4%	0.0%	0.0%	10.9%	2.0K	-100.7K	-927	0.56	130.20	N/A	N/A	18	10	856	351
2010-04-08	$4.79	$5.00	38.3%	12.1%	40.1%	9.9%	0.0%	0.0%	11.4%	1.9K	-90.4K	-924	1.00	131.21	N/A	N/A	10	10	856	351
2010-04-09	$4.84	$5.00	41.5%	11.1%	40.1%	14.2%	0.0%	0.0%	6.2%	1.9K	-88.8K	-897	0.00	122.27	N/A	N/A	0	0	856	361
2010-04-12	$4.73	$5.00	67.4%	9.2%	39.1%	48.5%	0.0%	0.0%	9.3%	1.9K	-66.1K	-840	4.15	81.31	N/A	N/A	13	54	856	361
2010-04-13	$4.73	$5.00	81.7%	9.3%	38.8%	67.5%	0.0%	0.0%	13.3%	1.4K	-59.2K	-878	0.00	78.71	N/A	N/A	0	0	869	415
2010-04-14	$4.88	$5.00	75.7%	12.5%	40.5%	59.5%	0.0%	0.0%	-5.5%	1.4K	-76.2K	-906	0.00	109.25	N/A	N/A	0	0	869	415
2010-04-15	$5.05	$5.00	40.9%	11.7%	42.4%	13.4%	0.0%	0.0%	9.5%	1.6K	-107.5K	-897	0.00	61.29	N/A	N/A	106	0	869	415
2010-04-16	$4.98	$5.00	37.1%	10.6%	33.2%	8.3%	0.0%	0.0%	6.0%	2.3K	-119.2K	-994	0.00	120.50	N/A	N/A	1	0	970	415
2010-04-19	$5.07	$5.00	37.7%	10.8%	33.7%	9.1%	32.1%	0.0%	13.5%	2.1K	-133.6K	-970	0.00	111.11	N/A	N/A	45	0	916	365
2010-04-20	$5.25	$5.00	34.1%	9.8%	34.5%	4.4%	0.0%	0.0%	11.9%	2.9K	-184.7K	-975	70.00	84.89	N/A	N/A	5	350	961	365
2010-04-21	$5.33	$5.00	42.4%	12.1%	34.7%	15.3%	0.0%	0.0%	11.2%	1.2K	-163.7K	-1.4K	0.47	102.48	N/A	N/A	170	80	961	614
2010-04-22	$5.26	$5.00	37.3%	10.7%	34.6%	8.6%	0.0%	0.0%	17.5%	1.1K	-127.0K	-1.6K	1.25	120.61	N/A	N/A	28	35	1,041	694
2010-04-23	$5.28	$5.00	44.2%	12.7%	34.4%	17.8%	0.0%	0.0%	-4.6%	314	-130.7K	-1.6K	0.00	111.60	N/A	N/A	13	0	1,041	729
2010-04-26	$5.19	$5.00	44.7%	12.8%	33.8%	18.4%	0.0%	0.0%	-5.7%	273	-104.5K	-1.5K	0.00	76.35	N/A	N/A	0	8	1,034	729
2010-04-27	$5.05	$5.00	37.8%	10.8%	34.7%	9.3%	0.0%	0.0%	12.1%	463	-82.3K	-1.5K	1.43	106.94	N/A	N/A	70	100	1,034	735
2010-04-28	$4.96	$5.00	36.5%	10.5%	35.3%	7.5%	0.0%	0.0%	16.8%	309	-43.2K	-1.7K	0.59	121.48	N/A	N/A	143	85	1,104	835
2010-04-29	$5.08	$5.00	29.2%	8.4%	34.9%	0.0%	0.0%	0.0%	21.9%	889	-36.6K	-1.9K	0.00	119.83	N/A	N/A	0	0	1,122	920
2010-04-30	$4.85	$5.00	35.3%	10.1%	38.8%	7.9%	34.4%	0.0%	13.0%	-231	-19.7K	-1.8K	0.45	120.22	N/A	N/A	44	20	1,122	920