TINY Options History — August 2012

In August 2012, TINY traded between $3.53 and $3.85. ATM implied volatility averaged 87.5%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded above realized volatility by 48.9% (HV 20d: 38.6%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2012-08-14: Highest Volume — 40 contracts
2012-08-22: Largest IV spike — 78.5% change
2012-08-13: Highest IV Rank — 100.0%
2012-08-02: Largest Expected Move — 28.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.71	$3.53	$3.85	$3.58	$3.66
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	87.5%	44.9%	193.7%	97.2%	90.8%
Expected Move	19.8%	10.8%	28.7%	27.9%	26.0%
HV 20d	38.6%	30.5%	46.0%	40.9%	30.5%
HV 60d	56.2%	48.0%	59.3%	58.3%	48.5%
IV Rank	34.0%	7.3%	100.0%	40.3%	35.9%
IV Percentile	59.6%	8.3%	100.0%	84.1%	73.8%
Term Structure	-18.1%	-49.5%	6.9%	-31.8%	-22.2%
Bid-Ask Spread %	38.39	16.89	65.50	20.40	16.89
Gamma HHI	0.94	0.86	1.00	1.00	0.91
Net GEX	1.1K	304	2.3K	497	561
Net DEX	10.1K	-40.3K	25.2K	25.2K	17.4K
Net VEX	-162	-451	-64	-64	-94
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	7.087	0	40	20	16
Total OI	841.174	771	878	771	878

Daily Data (23 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	Call OI	Put OI
2012-08-01	$3.58	$5.00	97.2%	27.9%	40.9%	40.3%	0.0%	0.0%	-31.8%	497	25.2K	-64	20.40	N/A	N/A	20	685	86
2012-08-02	$3.58	$5.00	100.2%	28.7%	40.7%	42.1%	0.0%	0.0%	-34.1%	534	18.9K	-75	20.40	N/A	N/A	0	705	86
2012-08-03	$3.78	$5.00	77.7%	22.3%	46.0%	28.0%	0.0%	0.0%	-49.5%	1.4K	3.6K	-227	20.01	N/A	N/A	16	705	86
2012-08-06	$3.80	$5.00	82.0%	10.8%	44.6%	30.7%	0.0%	0.0%	4.4%	1.5K	3.7K	-234	65.35	N/A	N/A	16	721	86
2012-08-07	$3.83	$5.00	87.9%	11.2%	44.6%	34.4%	0.0%	0.0%	4.3%	1.9K	-2.5K	-283	65.23	N/A	N/A	0	737	86
2012-08-08	$3.74	$5.00	132.9%	20.4%	42.9%	62.7%	0.0%	0.0%	-24.2%	990	15.7K	-140	65.10	N/A	N/A	0	737	86
2012-08-09	$3.71	$5.00	144.6%	20.0%	41.1%	70.1%	0.0%	0.0%	-22.9%	1.0K	11.5K	-174	65.27	N/A	N/A	0	737	86
2012-08-10	$3.61	$5.00	147.6%	20.7%	41.5%	71.9%	0.0%	0.0%	-26.4%	662	18.0K	-97	65.13	N/A	N/A	0	737	86
2012-08-13	$3.67	$5.00	193.7%	21.7%	41.2%	100.0%	0.0%	0.0%	-28.4%	898	14.6K	-130	65.05	N/A	N/A	0	737	86
2012-08-14	$3.65	$5.00	73.3%	21.0%	41.2%	25.0%	0.0%	0.0%	-26.3%	602	19.6K	-82	65.32	N/A	N/A	40	737	86
2012-08-15	$3.67	$5.00	72.9%	20.9%	41.5%	24.8%	0.0%	0.0%	-25.4%	598	20.3K	-83	65.32	N/A	N/A	0	777	86
2012-08-16	$3.81	$5.00	50.6%	14.5%	39.6%	10.8%	0.0%	0.0%	-26.8%	1.8K	6.8K	-195	65.35	N/A	N/A	0	777	86
2012-08-17	$3.85	$5.00	49.3%	14.1%	38.2%	10.0%	0.0%	0.0%	3.6%	2.3K	-40.3K	-451	65.50	N/A	N/A	0	777	86
2012-08-20	$3.79	$5.00	52.8%	15.1%	36.0%	12.2%	0.0%	0.0%	-9.2%	1.1K	14.7K	-130	16.94	N/A	N/A	0	762	86
2012-08-21	$3.78	$5.00	44.9%	12.9%	35.8%	7.3%	0.0%	0.0%	6.9%	1.2K	8.2K	-190	16.94	N/A	N/A	25	762	86
2012-08-22	$3.75	$5.00	80.2%	23.0%	35.5%	29.3%	0.0%	0.0%	-22.1%	1.2K	9.9K	-168	16.94	N/A	N/A	0	762	86
2012-08-23	$3.82	$5.00	52.8%	15.1%	35.5%	12.2%	0.0%	0.0%	-10.4%	1.3K	5.0K	-211	16.99	N/A	N/A	30	762	86
2012-08-24	$3.76	$5.00	55.0%	15.8%	34.9%	13.6%	0.0%	0.0%	-11.5%	1.3K	5.3K	-220	16.94	N/A	N/A	0	792	86
2012-08-27	$3.70	$5.00	79.9%	22.9%	34.6%	29.1%	0.0%	0.0%	-14.3%	967	11.4K	-149	16.89	N/A	N/A	0	792	86
2012-08-28	$3.71	$5.00	80.5%	23.1%	34.4%	29.5%	0.0%	0.0%	-14.2%	1.0K	10.4K	-170	16.89	N/A	N/A	0	792	86
2012-08-29	$3.63	$5.00	83.5%	23.9%	32.4%	31.3%	0.0%	0.0%	-17.5%	667	15.8K	-106	16.89	N/A	N/A	0	792	86
2012-08-30	$3.53	$5.00	81.8%	23.4%	33.9%	30.3%	0.0%	0.0%	-17.6%	304	19.0K	-64	17.11	N/A	N/A	0	792	86
2012-08-31	$3.66	$5.00	90.8%	26.0%	30.5%	35.9%	0.0%	0.0%	-22.2%	561	17.4K	-94	16.89	N/A	N/A	16	792	86