TINY Options History — July 2012

In July 2012, TINY traded between $3.62 and $4.22. ATM implied volatility averaged 65.3%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 10.7% (HV 20d: 54.6%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.65.

Notable Days

2012-07-16: Highest Volume — 157 contracts
2012-07-31: Largest IV spike — 49.0% change
2012-07-31: Highest IV Rank — 42.8%
2012-07-31: Largest Expected Move — 29.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.92	$3.62	$4.22	$3.95	$3.72
Max Pain	$3.33	$2.50	$5.00	$5.00	$5.00
ATM IV	65.3%	46.1%	101.3%	54.2%	101.3%
Expected Move	17.8%	13.2%	29.0%	15.5%	29.0%
HV 20d	54.6%	39.7%	74.8%	74.8%	39.7%
HV 60d	57.7%	56.7%	58.8%	56.8%	58.1%
IV Rank	20.2%	8.1%	42.8%	13.6%	42.8%
IV Percentile	44.8%	11.5%	85.7%	31.0%	85.7%
Term Structure	-17.6%	-41.1%	6.6%	-19.8%	-41.1%
VWIV	77.3%	48.9%	95.4%	95.4%	87.7%
Bid-Ask Spread %	94.17	18.05	197.25	197.25	20.01
Gamma HHI	1.00	0.99	1.00	1.00	1.00
Net GEX	2.0K	949	3.4K	1.7K	1.1K
Net DEX	-24.6K	-57.4K	17.0K	-15.5K	15.9K
Net VEX	-295	-467	-130	-232	-181
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.00	6.50	0.00	0.00
Total Volume	19.333	0	157	0	0
Total OI	737.81	662	875	662	771

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
2012-07-02	$3.95	$5.00	54.2%	15.5%	74.8%	13.6%	0.0%	0.0%	-19.8%	1.7K	-15.5K	-232	0.00	197.25	N/A	N/A	0	0	633	29
2012-07-03	$4.01	$5.00	53.3%	15.3%	74.6%	12.6%	0.0%	0.0%	-8.9%	2.0K	-23.7K	-273	0.00	197.25	N/A	N/A	30	0	633	29
2012-07-05	$4.04	$5.00	55.2%	15.8%	64.5%	13.9%	0.0%	0.0%	-10.8%	2.1K	-28.5K	-308	0.00	197.25	N/A	N/A	1	0	640	29
2012-07-06	$4.00	$0.00	58.8%	13.2%	64.3%	16.1%	0.0%	0.0%	6.6%	1.9K	-47.3K	-360	0.00	112.77	N/A	N/A	22	0	640	29
2012-07-09	$3.87	$0.00	72.3%	15.3%	65.0%	24.6%	0.0%	0.0%	2.5%	1.8K	-42.6K	-344	0.00	113.81	N/A	N/A	0	0	650	29
2012-07-10	$3.83	$0.00	66.2%	16.0%	57.6%	20.8%	0.0%	0.0%	3.1%	1.7K	-42.1K	-332	0.00	113.75	N/A	N/A	0	3	650	29
2012-07-11	$3.98	$0.00	73.1%	14.8%	57.5%	25.1%	0.0%	0.0%	-18.1%	2.0K	-29.0K	-295	0.00	113.31	N/A	N/A	0	0	650	26
2012-07-12	$4.10	$0.00	46.5%	13.3%	57.0%	8.3%	0.0%	0.0%	-17.2%	2.3K	-32.3K	-310	0.00	111.92	N/A	N/A	9	0	650	26
2012-07-13	$4.14	$0.00	47.9%	13.7%	57.0%	9.3%	95.4%	0.0%	2.5%	2.3K	-46.8K	-352	0.00	114.68	N/A	N/A	68	0	650	26
2012-07-16	$4.22	$2.50	46.1%	13.2%	55.0%	8.1%	0.0%	0.0%	-17.6%	2.7K	-45.0K	-340	0.00	114.23	N/A	N/A	157	0	668	26
2012-07-17	$4.18	$2.50	48.8%	14.0%	54.3%	9.8%	0.0%	0.0%	-18.6%	3.4K	-57.4K	-467	0.00	113.73	N/A	N/A	10	0	825	26
2012-07-18	$4.15	$2.50	48.9%	14.0%	49.2%	9.9%	48.9%	0.0%	-19.6%	3.3K	-56.4K	-463	0.00	114.41	N/A	N/A	15	0	834	26
2012-07-19	$3.92	$2.50	59.6%	17.1%	53.2%	16.6%	0.0%	0.0%	-23.2%	2.7K	-56.2K	-437	0.00	112.02	N/A	N/A	0	2	849	26
2012-07-20	$3.80	$2.50	63.9%	18.3%	52.6%	19.3%	0.0%	0.0%	-25.7%	2.1K	-29.6K	-324	0.00	112.70	N/A	N/A	0	10	849	24
2012-07-23	$3.66	$2.50	83.5%	23.9%	50.3%	31.6%	0.0%	0.0%	-21.4%	1.0K	-478	-130	0.00	20.07	N/A	N/A	0	0	679	34
2012-07-24	$3.62	$2.50	82.7%	23.7%	44.8%	31.1%	0.0%	0.0%	-21.1%	1.6K	-26.5K	-240	6.50	20.20	N/A	N/A	10	65	679	34
2012-07-25	$3.68	$2.50	85.1%	24.4%	45.2%	32.7%	0.0%	0.0%	-21.8%	949	16.8K	-159	0.00	20.07	N/A	N/A	0	0	689	86
2012-07-26	$3.75	$2.50	93.0%	26.7%	43.9%	37.6%	0.0%	0.0%	-34.5%	1.2K	17.0K	-151	0.00	20.01	N/A	N/A	0	0	689	86
2012-07-27	$3.84	$2.50	62.6%	18.0%	43.8%	18.5%	87.7%	0.0%	-29.6%	1.9K	2.2K	-280	0.00	18.05	N/A	N/A	4	0	689	86
2012-07-30	$3.76	$5.00	68.0%	19.5%	42.2%	21.9%	0.0%	0.0%	-35.1%	1.4K	10.4K	-221	0.00	20.01	N/A	N/A	0	0	685	86
2012-07-31	$3.72	$5.00	101.3%	29.0%	39.7%	42.8%	0.0%	0.0%	-41.1%	1.1K	15.9K	-181	0.00	20.01	N/A	N/A	0	0	685	86