TINY Options History — January 2014

In January 2014, TINY traded between $3.00 and $3.14. ATM implied volatility averaged 90.9%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 69.5% (HV 20d: 21.4%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.07.

Notable Days

2014-01-28: Highest Volume — 48 contracts
2014-01-16: Largest IV drop — 63.7% change
2014-01-15: Highest IV Rank — 90.2%
2014-01-03: Largest Expected Move — 24.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.06	$3.00	$3.14	$3.00	$3.01
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	90.9%	61.8%	183.2%	81.7%	74.6%
Expected Move	19.1%	15.6%	24.2%	23.4%	21.4%
HV 20d	21.4%	17.4%	24.2%	17.9%	20.1%
HV 60d	19.4%	17.5%	20.0%	17.8%	19.1%
IV Rank	31.9%	13.6%	90.2%	26.1%	21.7%
IV Percentile	59.6%	20.6%	98.8%	61.9%	54.0%
Term Structure	-11.4%	-27.9%	-1.7%	-19.0%	-17.7%
VWIV	60.3%	60.3%	60.3%	60.3%	60.3%
Bid-Ask Spread %	102.15	85.26	121.80	91.67	89.07
Gamma HHI	0.89	0.52	1.00	0.87	0.52
Net GEX	-76	-114	30	-86	30
Net DEX	-11.3K	-20.8K	-7.6K	-8.3K	-20.8K
Net VEX	-43	-68	-30	-42	-68
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.07	0.00	0.20	0.00	0.00
Total Volume	4.333	0	48	12	0
Total OI	201.81	178	269	178	269

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
2014-01-02	$3.00	$0.00	81.7%	23.4%	17.9%	26.1%	0.0%	0.0%	-19.0%	-86	-8.3K	-42	0.00	91.67	N/A	N/A	0	12	103	75
2014-01-03	$3.00	$0.00	84.4%	24.2%	17.4%	27.8%	0.0%	0.0%	-27.9%	-114	-7.6K	-50	0.00	91.67	N/A	N/A	0	0	103	87
2014-01-06	$3.11	$0.00	92.7%	15.6%	21.9%	33.1%	0.0%	0.0%	-9.6%	-81	-9.6K	-40	0.00	117.05	N/A	N/A	0	0	103	87
2014-01-07	$3.07	$0.00	100.4%	17.3%	22.4%	38.0%	0.0%	0.0%	-18.4%	-93	-8.7K	-44	0.00	118.55	N/A	N/A	0	0	103	87
2014-01-08	$3.05	$0.00	99.0%	17.7%	22.4%	37.1%	0.0%	0.0%	-19.1%	-104	-9.0K	-38	0.00	121.80	N/A	N/A	0	1	103	87
2014-01-09	$3.06	$0.00	103.3%	17.8%	22.4%	39.8%	0.0%	0.0%	-13.4%	-108	-8.9K	-41	0.00	119.13	N/A	N/A	0	0	103	88
2014-01-10	$3.14	$0.00	109.9%	17.1%	24.2%	44.0%	0.0%	0.0%	-5.5%	-84	-9.8K	-36	0.00	119.26	N/A	N/A	0	0	103	88
2014-01-13	$3.13	$0.00	152.7%	19.0%	23.0%	71.0%	0.0%	0.0%	-8.8%	-90	-9.3K	-40	0.00	117.63	N/A	N/A	0	0	103	88
2014-01-14	$3.11	$0.00	160.5%	18.3%	23.0%	75.9%	0.0%	0.0%	-7.8%	-90	-9.1K	-42	0.00	91.39	N/A	N/A	0	0	103	88
2014-01-15	$3.07	$0.00	183.2%	19.0%	23.5%	90.2%	0.0%	0.0%	-9.6%	-108	-9.0K	-38	0.00	121.21	N/A	N/A	0	0	103	88
2014-01-16	$3.09	$0.00	66.4%	19.0%	23.4%	16.5%	0.0%	0.0%	-9.3%	-102	-9.5K	-34	0.00	119.26	N/A	N/A	0	0	103	88
2014-01-17	$3.09	$0.00	67.3%	19.3%	22.0%	17.1%	0.0%	0.0%	-9.8%	-102	-9.5K	-34	0.00	118.55	N/A	N/A	0	0	103	88
2014-01-21	$3.08	$0.00	63.0%	18.1%	20.7%	14.3%	60.3%	0.0%	-3.3%	-100	-8.6K	-42	0.00	87.66	N/A	N/A	10	0	103	88
2014-01-22	$3.12	$2.50	61.8%	17.7%	21.1%	13.6%	0.0%	0.0%	-1.7%	-73	-13.3K	-30	0.00	85.26	N/A	N/A	0	0	113	88
2014-01-23	$3.09	$2.50	64.5%	18.5%	21.0%	15.3%	0.0%	0.0%	-3.8%	-78	-12.6K	-33	0.00	88.60	N/A	N/A	0	0	113	88
2014-01-24	$3.07	$2.50	66.7%	19.1%	21.2%	16.7%	0.0%	0.0%	-5.4%	-71	-11.2K	-47	0.00	87.66	N/A	N/A	0	0	113	88
2014-01-27	$3.03	$2.50	67.5%	19.4%	21.6%	17.2%	0.0%	0.0%	-12.8%	-75	-11.0K	-46	0.00	89.07	N/A	N/A	0	0	113	88
2014-01-28	$3.03	$2.50	68.9%	19.7%	19.9%	18.1%	0.0%	0.0%	-13.6%	-84	-11.2K	-38	0.20	89.98	N/A	N/A	40	8	113	88
2014-01-29	$3.00	$2.50	66.7%	19.1%	20.2%	16.7%	0.0%	0.0%	-5.8%	10	-20.4K	-65	0.00	91.67	N/A	N/A	0	0	153	96
2014-01-30	$3.01	$2.50	72.9%	20.9%	20.2%	20.6%	0.0%	0.0%	-16.6%	13	-20.5K	-65	0.00	89.07	N/A	N/A	20	0	153	96
2014-01-31	$3.01	$2.50	74.6%	21.4%	20.1%	21.7%	0.0%	0.0%	-17.7%	30	-20.8K	-68	0.00	89.07	N/A	N/A	0	0	173	96