TINY Options History — May 2012

In May 2012, TINY traded between $3.05 and $3.95. ATM implied volatility averaged 66.3%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 29.4% (HV 20d: 36.9%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2012-05-07: Highest Volume — 100 contracts
2012-05-04: Largest IV spike — 40.3% change
2012-05-31: Highest IV Rank — 34.4%
2012-05-31: Largest Expected Move — 25.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.51	$3.05	$3.95	$3.95	$3.53
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	66.3%	46.2%	87.4%	46.2%	87.4%
Expected Move	20.8%	15.3%	25.1%	21.6%	25.1%
HV 20d	36.9%	30.3%	49.8%	30.7%	49.8%
HV 60d	34.0%	32.1%	38.0%	32.1%	38.0%
IV Rank	22.6%	10.2%	34.4%	10.2%	34.4%
IV Percentile	52.3%	19.8%	73.8%	19.8%	73.8%
Term Structure	-32.2%	-50.0%	-21.8%	-25.0%	-21.8%
Bid-Ask Spread %	153.68	113.72	200.00	188.15	200.00
Gamma HHI	0.85	0.55	0.96	0.96	0.92
Net GEX	1.2K	207	3.3K	3.3K	454
Net DEX	-24.4K	-69.5K	-3.7K	-69.5K	-11.5K
Net VEX	-171	-443	-30	-443	-66
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	5.909	0	100	0	0
Total OI	935.273	857	970	857	970

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2012-05-01	$3.95	$2.50	46.2%	0.0%	30.7%	10.2%	0.0%	0.0%	0.0%	3.3K	-69.5K	-443	188.15	N/A	N/A	0	0	825	32
2012-05-02	$3.94	$2.50	46.4%	0.0%	30.3%	10.4%	0.0%	0.0%	0.0%	3.2K	-68.4K	-423	188.30	N/A	N/A	0	0	825	32
2012-05-03	$3.76	$2.50	53.7%	0.0%	32.3%	14.8%	0.0%	0.0%	0.0%	1.9K	-26.2K	-215	186.91	N/A	N/A	0	0	825	32
2012-05-04	$3.70	$2.50	75.3%	21.6%	32.5%	28.1%	0.0%	0.0%	-25.0%	1.2K	-20.0K	-156	113.75	N/A	N/A	0	0	825	32
2012-05-07	$3.82	$2.50	74.9%	15.7%	34.8%	27.9%	0.0%	0.0%	-24.8%	2.7K	-41.9K	-289	113.75	N/A	N/A	100	0	825	32
2012-05-08	$3.85	$2.50	61.6%	15.3%	34.6%	19.7%	0.0%	0.0%	-24.9%	3.2K	-60.6K	-416	113.81	N/A	N/A	0	0	925	32
2012-05-09	$3.82	$2.50	66.0%	15.3%	34.6%	22.4%	0.0%	0.0%	-26.0%	3.0K	-50.1K	-375	113.81	N/A	N/A	0	0	925	32
2012-05-10	$3.76	$2.50	58.6%	16.8%	34.9%	17.8%	0.0%	0.0%	-27.6%	2.2K	-36.2K	-295	113.72	N/A	N/A	0	0	925	32
2012-05-11	$3.71	$2.50	81.7%	23.4%	34.5%	32.1%	0.0%	0.0%	-34.3%	1.5K	-54.0K	-359	113.75	N/A	N/A	0	0	925	32
2012-05-14	$3.56	$2.50	80.9%	23.2%	35.9%	31.5%	0.0%	0.0%	-30.7%	772	-21.8K	-171	114.07	N/A	N/A	5	0	925	32
2012-05-15	$3.50	$2.50	81.2%	23.3%	34.8%	31.8%	0.0%	0.0%	-32.0%	519	-9.0K	-62	114.27	N/A	N/A	0	0	925	32
2012-05-16	$3.39	$2.50	79.6%	22.8%	35.5%	30.8%	0.0%	0.0%	-32.2%	470	-10.7K	-82	114.84	N/A	N/A	0	0	925	32
2012-05-17	$3.33	$2.50	79.7%	22.8%	35.6%	30.8%	0.0%	0.0%	-33.3%	365	-7.9K	-56	115.22	N/A	N/A	0	0	925	32
2012-05-18	$3.25	$2.50	76.1%	21.8%	35.7%	28.6%	0.0%	0.0%	-26.6%	308	-7.0K	-48	116.22	N/A	N/A	6	0	925	32
2012-05-21	$3.29	$2.50	50.8%	0.0%	36.2%	13.1%	0.0%	0.0%	-50.0%	260	-5.1K	-39	197.94	N/A	N/A	0	0	919	32
2012-05-22	$3.05	$2.50	50.3%	0.0%	40.2%	12.7%	0.0%	0.0%	-39.4%	237	-4.0K	-30	197.25	N/A	N/A	0	3	919	32
2012-05-23	$3.09	$2.50	52.6%	0.0%	37.9%	14.1%	0.0%	0.0%	-36.4%	321	-4.3K	-51	197.25	N/A	N/A	0	0	919	35
2012-05-24	$3.14	$2.50	51.3%	0.0%	39.0%	13.3%	0.0%	0.0%	-40.6%	264	-3.7K	-38	197.25	N/A	N/A	10	0	919	35
2012-05-25	$3.13	$2.50	52.1%	0.0%	38.9%	13.8%	0.0%	0.0%	-41.7%	334	-7.0K	-51	197.25	N/A	N/A	0	0	929	35
2012-05-29	$3.30	$2.50	72.8%	20.9%	45.3%	26.6%	0.0%	0.0%	-38.5%	207	-6.7K	-30	173.45	N/A	N/A	6	0	929	35
2012-05-30	$3.42	$2.50	80.3%	23.0%	47.9%	31.2%	0.0%	0.0%	-26.8%	385	-11.7K	-62	200.00	N/A	N/A	0	0	935	35
2012-05-31	$3.53	$2.50	87.4%	25.1%	49.8%	34.4%	0.0%	0.0%	-21.8%	454	-11.5K	-66	200.00	N/A	N/A	0	0	935	35