TINY Options History — September 2010

In September 2010, TINY traded between $3.96 and $4.33. ATM implied volatility averaged 54.8%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 13.7% (HV 20d: 41.1%). 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 6 of 21 days. Put/call ratio averaged 2.14.

Notable Days

2010-09-17: Highest Volume — 35 contracts
2010-09-02: Largest IV spike — 187.4% change
2010-09-02: Highest IV Rank — 69.7%
2010-09-02: Largest Expected Move — 36.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.18	$3.96	$4.33	$3.99	$4.27
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	54.8%	40.9%	127.5%	44.4%	45.4%
Expected Move	15.4%	11.7%	36.5%	12.7%	13.0%
HV 20d	41.1%	33.4%	49.2%	48.6%	33.4%
HV 60d	42.4%	41.4%	44.6%	44.5%	42.3%
IV Rank	18.2%	8.3%	69.7%	10.8%	11.5%
IV Percentile	46.5%	15.9%	98.8%	29.0%	31.7%
Term Structure	0.3%	-12.0%	47.7%	6.1%	-6.3%
VWIV	50.8%	50.8%	50.8%	50.8%	50.8%
Bid-Ask Spread %	144.21	94.67	190.00	99.20	188.06
Gamma HHI	0.70	0.54	0.82	0.59	0.80
Net GEX	1.9K	1.5K	2.4K	1.5K	2.1K
Net DEX	37.5K	-4.7K	101.4K	69.7K	9.8K
Net VEX	-779	-877	-706	-813	-714
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.14	0.00	5.00	1.43	5.00
Total Volume	3.619	0	35	0	0
Total OI	1,766.238	1,271	2,141	2,141	1,280

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
2010-09-01	$3.99	$5.00	44.4%	12.7%	48.6%	10.8%	0.0%	0.0%	6.1%	1.5K	69.7K	-813	0.00	99.20	N/A	N/A	0	0	1,544	597
2010-09-02	$3.98	$5.00	127.5%	36.5%	48.4%	69.7%	0.0%	0.0%	-6.4%	1.9K	71.8K	-724	0.00	131.23	N/A	N/A	0	0	1,544	597
2010-09-03	$4.07	$0.00	55.7%	15.7%	49.2%	18.8%	0.0%	0.0%	-2.7%	1.8K	54.8K	-851	0.00	131.19	N/A	N/A	0	0	1,544	597
2010-09-07	$4.00	$0.00	73.0%	15.5%	46.4%	31.1%	0.0%	0.0%	-4.0%	1.8K	54.6K	-803	0.00	116.73	N/A	N/A	0	0	1,544	597
2010-09-08	$4.09	$0.00	53.1%	14.8%	46.1%	16.9%	0.0%	0.0%	9.0%	1.8K	43.6K	-877	0.00	166.88	N/A	N/A	0	0	1,544	597
2010-09-09	$4.14	$0.00	49.8%	14.3%	41.2%	14.6%	0.0%	0.0%	-0.4%	1.7K	51.1K	-864	0.00	112.64	N/A	N/A	0	0	1,544	597
2010-09-10	$4.18	$0.00	49.7%	14.2%	41.3%	14.5%	0.0%	0.0%	3.7%	2.0K	44.7K	-870	0.00	153.57	N/A	N/A	0	0	1,544	597
2010-09-13	$4.25	$0.00	62.0%	17.8%	39.7%	23.3%	0.0%	0.0%	-0.4%	1.9K	58.3K	-843	0.00	126.29	N/A	N/A	0	0	1,544	597
2010-09-14	$4.25	$0.00	85.5%	24.5%	39.4%	39.9%	0.0%	0.0%	-0.3%	1.9K	73.4K	-795	0.00	159.32	N/A	N/A	0	10	1,544	597
2010-09-15	$4.31	$0.00	59.5%	17.1%	39.6%	21.5%	0.0%	0.0%	4.1%	1.8K	59.7K	-839	1.43	121.08	N/A	N/A	7	10	1,544	596
2010-09-16	$4.24	$0.00	42.4%	12.2%	40.1%	9.4%	0.0%	0.0%	-9.9%	2.1K	91.8K	-787	0.00	117.48	N/A	N/A	3	0	1,501	594
2010-09-17	$4.28	$0.00	44.4%	12.7%	38.2%	10.8%	0.0%	0.0%	-11.0%	2.1K	101.4K	-755	0.00	118.65	N/A	N/A	0	35	1,504	594
2010-09-20	$4.33	$0.00	42.1%	12.1%	38.2%	9.2%	0.0%	0.0%	47.7%	2.4K	14.5K	-710	0.00	188.40	N/A	N/A	0	0	948	323
2010-09-21	$4.26	$0.00	40.9%	11.7%	35.7%	8.3%	0.0%	0.0%	15.0%	1.7K	-4.7K	-752	0.00	132.75	N/A	N/A	0	0	948	323
2010-09-22	$4.14	$0.00	49.1%	14.1%	37.7%	14.1%	0.0%	0.0%	-9.2%	2.0K	-3.9K	-737	0.00	142.10	N/A	N/A	0	5	948	323
2010-09-23	$3.96	$5.00	54.0%	15.5%	41.5%	17.6%	50.8%	0.0%	-12.0%	1.8K	-972	-706	5.00	94.67	N/A	N/A	1	5	948	328
2010-09-24	$4.15	$5.00	43.1%	12.4%	43.6%	9.9%	0.0%	0.0%	-2.8%	1.8K	2.0K	-744	0.00	175.29	N/A	N/A	0	0	947	333
2010-09-27	$4.19	$5.00	44.8%	12.8%	40.7%	11.1%	0.0%	0.0%	-4.5%	2.0K	710	-713	0.00	175.02	N/A	N/A	0	0	947	333
2010-09-28	$4.28	$5.00	42.4%	12.2%	37.3%	9.4%	0.0%	0.0%	-4.4%	2.1K	-2.3K	-741	0.00	187.88	N/A	N/A	0	0	947	333
2010-09-29	$4.33	$5.00	41.6%	11.9%	37.2%	8.8%	0.0%	0.0%	-4.6%	2.2K	-1.8K	-729	0.00	190.00	N/A	N/A	0	0	947	333
2010-09-30	$4.27	$5.00	45.4%	13.0%	33.4%	11.5%	0.0%	0.0%	-6.3%	2.1K	9.8K	-714	0.00	188.06	N/A	N/A	0	0	947	333