TINY Options History — March 2012

In March 2012, TINY traded between $3.90 and $4.54. ATM implied volatility averaged 63.8%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 31.5% (HV 20d: 32.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.13.

Notable Days

  • 2012-03-07: Highest Volume — 50 contracts
  • 2012-03-15: Largest IV drop — 67.2% change
  • 2012-03-14: Highest IV Rank — 62.7%
  • 2012-03-02: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.22$3.90$4.54$4.28$4.15
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV63.8%33.7%131.5%56.1%50.6%
Expected Move12.4%9.6%19.3%16.1%14.5%
HV 20d32.3%28.3%36.0%30.7%31.6%
HV 60d40.4%37.9%43.7%42.1%38.6%
IV Rank21.1%2.5%62.7%16.3%12.9%
IV Percentile40.0%1.6%95.6%48.8%38.1%
Term Structure-5.8%-24.7%7.7%-14.9%-0.4%
VWIV27.4%27.4%27.4%27.4%27.4%
Bid-Ask Spread %100.2455.90113.0258.8395.16
Gamma HHI0.970.940.980.940.97
Net GEX3.5K2.1K4.7K2.1K3.6K
Net DEX-64.3K-126.6K-17.4K-37.8K-73.3K
Net VEX-518-647-440-636-486
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.001.671.670.00
Total Volume12.40905002
Total OI817.455682944944770

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-03-01$4.28$5.0056.1%16.1%30.7%16.3%0.0%0.0%-14.9%2.1K-37.8K-6360.0058.83N/AN/A00729215
2012-03-02$4.07$5.0067.3%19.3%34.7%23.2%0.0%0.0%-24.7%2.6K-17.4K-5281.6755.90N/AN/A1525729215
2012-03-05$4.03$0.0078.5%12.1%32.4%30.1%0.0%0.0%5.2%2.6K-50.6K-4920.00111.24N/AN/A00744120
2012-03-06$3.90$0.0091.8%13.7%33.7%38.3%0.0%0.0%4.7%2.3K-52.1K-4930.00111.63N/AN/A00744120
2012-03-07$4.01$0.0090.6%13.0%36.0%37.5%0.0%0.0%7.7%2.5K-61.3K-5330.00111.93N/AN/A500744120
2012-03-08$4.10$0.0082.2%12.2%35.3%32.4%0.0%0.0%4.8%2.8K-56.1K-5430.00112.31N/AN/A00775120
2012-03-09$4.14$0.0089.8%12.6%35.6%37.1%0.0%0.0%4.0%3.0K-57.4K-5460.00112.28N/AN/A00775120
2012-03-12$4.15$0.00114.2%12.4%33.1%52.1%0.0%0.0%-12.0%3.3K-38.6K-4520.00112.64N/AN/A120775120
2012-03-13$4.20$0.00122.9%12.1%33.4%57.4%0.0%0.0%-11.9%3.5K-39.3K-4560.00112.94N/AN/A70775120
2012-03-14$4.20$0.00131.5%12.2%33.2%62.7%0.0%0.0%-12.3%3.5K-39.3K-4680.00113.02N/AN/A210775120
2012-03-15$4.20$0.0043.2%12.4%32.8%8.4%0.0%0.0%-12.7%3.3K-48.1K-5030.00112.94N/AN/A170765120
2012-03-16$4.16$0.0045.6%13.1%28.6%9.9%0.0%0.0%-13.5%3.3K-27.6K-4400.00112.64N/AN/A300756120
2012-03-19$4.22$0.0036.6%10.5%29.1%4.3%0.0%0.0%0.0%3.5K-72.9K-4790.0095.62N/AN/A4065230
2012-03-20$4.27$0.0039.1%11.2%28.8%5.9%0.0%0.0%0.0%3.9K-69.6K-4550.0096.28N/AN/A0065630
2012-03-21$4.31$0.0037.9%10.9%28.9%5.1%0.0%0.0%0.0%4.1K-72.9K-4760.0096.90N/AN/A0065630
2012-03-22$4.30$0.0038.3%11.0%28.3%5.4%0.0%0.0%-0.4%4.0K-74.9K-4530.0096.90N/AN/A50065630
2012-03-23$4.47$0.0036.8%10.5%31.3%4.4%27.4%0.0%0.0%4.4K-113.6K-6150.0098.02N/AN/A14070630
2012-03-26$4.54$5.0034.6%9.9%31.5%3.1%0.0%0.0%0.0%4.7K-126.6K-6470.0097.76N/AN/A0371830
2012-03-27$4.46$5.0033.7%9.6%32.3%2.5%0.0%0.0%0.0%4.6K-113.0K-6250.0097.73N/AN/A2071833
2012-03-28$4.31$5.0043.0%12.3%34.5%8.3%0.0%0.0%0.0%4.4K-85.0K-5330.0096.90N/AN/A21072033
2012-03-29$4.29$5.0040.1%11.5%34.5%6.5%0.0%0.0%0.0%4.3K-86.6K-5300.0095.82N/AN/A0073733
2012-03-30$4.15$5.0050.6%14.5%31.6%12.9%0.0%0.0%0.0%3.6K-73.3K-4860.0095.16N/AN/A2073733