TINY Options History — May 2010

In May 2010, TINY traded between $4.21 and $4.88. ATM implied volatility averaged 57.8%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 10.1% (HV 20d: 47.7%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.52.

Notable Days

2010-05-06: Highest Volume — 241 contracts
2010-05-06: Largest IV spike — 52.8% change
2010-05-07: Highest IV Rank — 77.1%
2010-05-20: Largest Expected Move — 21.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.54	$4.21	$4.88	$4.81	$4.22
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	57.8%	40.4%	88.6%	45.2%	59.8%
Expected Move	15.9%	11.6%	21.6%	13.0%	17.2%
HV 20d	47.7%	35.9%	55.6%	35.9%	53.5%
HV 60d	43.9%	40.7%	45.4%	40.7%	44.3%
IV Rank	37.6%	14.9%	77.1%	20.8%	40.6%
IV Percentile	65.8%	15.5%	98.4%	32.1%	78.6%
Term Structure	6.4%	-20.8%	49.9%	0.3%	-20.8%
VWIV	50.3%	34.0%	75.3%	46.4%	44.3%
Bid-Ask Spread %	95.55	56.62	115.31	111.00	115.31
Gamma HHI	0.51	0.41	0.80	0.49	0.44
Net GEX	465	-423	2.0K	-423	50
Net DEX	19.7K	-48.6K	89.0K	11.1K	89.0K
Net VEX	-1.9K	-2.1K	-1.7K	-1.8K	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.52	0.00	15.00	2.86	0.00
Total Volume	47.3	0	241	27	9
Total OI	2,280.8	2,080	2,355	2,080	2,348

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
2010-05-03	$4.81	$5.00	45.2%	13.0%	35.9%	20.8%	46.4%	0.0%	0.3%	-423	11.1K	-1.8K	2.86	111.00	N/A	N/A	7	20	1,140	940
2010-05-04	$4.73	$5.00	49.8%	14.3%	36.3%	26.7%	0.0%	0.0%	-0.7%	-335	5.9K	-1.8K	1.68	65.66	N/A	N/A	22	37	1,145	950
2010-05-05	$4.59	$5.00	48.5%	13.9%	37.4%	25.1%	0.0%	0.0%	-1.2%	-359	52.9K	-1.8K	0.99	109.46	N/A	N/A	109	108	1,167	950
2010-05-06	$4.36	$5.00	74.2%	21.3%	40.7%	58.4%	69.9%	0.0%	-17.7%	-124	66.3K	-1.8K	0.87	105.60	N/A	N/A	129	112	1,266	1,008
2010-05-07	$4.36	$5.00	88.6%	12.8%	40.3%	77.1%	45.0%	0.0%	15.8%	524	12.3K	-2.0K	15.00	99.57	N/A	N/A	1	15	1,369	945
2010-05-10	$4.66	$5.00	57.0%	14.6%	47.1%	36.1%	0.0%	0.0%	0.6%	857	6.9K	-2.0K	0.00	92.21	N/A	N/A	34	0	1,370	930
2010-05-11	$4.62	$5.00	46.9%	14.7%	47.1%	23.0%	0.0%	0.0%	-1.6%	1.2K	-23.3K	-2.0K	0.00	85.58	N/A	N/A	0	0	1,383	930
2010-05-12	$4.84	$5.00	52.9%	14.9%	48.8%	30.8%	0.0%	0.0%	-2.1%	1.4K	-29.4K	-2.1K	0.00	56.62	N/A	N/A	0	0	1,383	930
2010-05-13	$4.86	$5.00	56.5%	16.2%	47.1%	35.5%	56.5%	0.0%	41.5%	2.0K	-48.6K	-2.0K	0.00	109.83	N/A	N/A	6	0	1,383	930
2010-05-14	$4.78	$5.00	53.1%	15.2%	47.2%	31.1%	0.0%	0.0%	-2.8%	1.6K	-33.0K	-2.1K	0.00	59.57	N/A	N/A	0	0	1,387	930
2010-05-17	$4.88	$5.00	49.2%	14.1%	47.4%	26.5%	0.0%	0.0%	2.9%	1.8K	-42.9K	-2.1K	0.00	88.92	N/A	N/A	0	0	1,387	930
2010-05-18	$4.59	$5.00	40.4%	11.6%	49.7%	14.9%	42.0%	0.0%	12.6%	958	3.5K	-1.9K	0.00	101.87	N/A	N/A	10	0	1,387	930
2010-05-19	$4.70	$5.00	50.3%	14.4%	50.3%	28.0%	0.0%	0.0%	5.3%	362	-939	-2.0K	1.40	106.68	N/A	N/A	50	70	1,397	930
2010-05-20	$4.45	$5.00	75.3%	21.6%	53.1%	61.1%	75.3%	0.0%	8.6%	-18	12.6K	-2.0K	0.00	113.59	N/A	N/A	20	0	1,355	1,000
2010-05-21	$4.38	$5.00	54.0%	15.5%	53.0%	32.9%	0.0%	0.0%	49.9%	18	58.0K	-1.9K	0.00	86.55	N/A	N/A	19	0	1,355	1,000
2010-05-24	$4.22	$5.00	62.0%	17.8%	53.9%	43.5%	0.0%	0.0%	11.4%	-36	59.2K	-1.8K	0.00	101.73	N/A	N/A	0	0	1,293	1,000
2010-05-25	$4.34	$5.00	68.1%	19.5%	55.1%	51.6%	34.0%	0.0%	0.0%	169	60.3K	-1.7K	0.00	112.71	N/A	N/A	18	0	1,293	1,000
2010-05-26	$4.21	$5.00	67.9%	19.5%	55.6%	51.3%	39.1%	0.0%	21.8%	-41	57.3K	-1.8K	0.00	87.56	N/A	N/A	58	0	1,303	1,000
2010-05-27	$4.29	$5.00	56.4%	16.2%	55.2%	36.0%	44.3%	0.0%	-1.7%	-313	78.0K	-1.8K	0.00	100.91	N/A	N/A	92	0	1,272	1,000
2010-05-28	$4.22	$5.00	59.8%	17.2%	53.5%	40.6%	0.0%	0.0%	-20.8%	50	89.0K	-1.7K	0.00	115.31	N/A	N/A	9	0	1,348	1,000