TINY Options History — February 2014

In February 2014, TINY traded between $2.83 and $3.06. ATM implied volatility averaged 75.8%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded above realized volatility by 51.0% (HV 20d: 24.7%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.17.

Notable Days

2014-02-03: Highest Volume — 110 contracts
2014-02-20: Largest IV drop — 29.0% change
2014-02-11: Highest IV Rank — 39.3%
2014-02-06: Largest Expected Move — 23.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.01	$2.83	$3.06	$3.02	$3.06
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	75.8%	56.2%	103.8%	73.6%	65.6%
Expected Move	19.5%	15.4%	23.8%	21.1%	18.8%
HV 20d	24.7%	12.6%	38.0%	20.1%	38.0%
HV 60d	22.8%	18.9%	27.7%	19.1%	27.6%
IV Rank	19.4%	3.9%	39.3%	21.1%	10.3%
IV Percentile	47.6%	4.0%	86.9%	52.0%	31.7%
Term Structure	-7.1%	-22.1%	6.6%	-8.8%	-2.6%
VWIV	67.0%	67.0%	67.0%	67.0%	67.0%
Bid-Ask Spread %	88.39	55.53	173.81	90.09	87.67
Gamma HHI	0.78	0.50	1.00	0.51	0.55
Net GEX	149	29	311	29	311
Net DEX	-23.1K	-32.9K	-15.6K	-21.2K	-32.9K
Net VEX	-89	-123	-65	-65	-123
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.00	1.20	0.00	0.00
Total Volume	17.368	0	110	110	0
Total OI	494.263	269	586	269	586

Daily Data (19 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
2014-02-03	$3.02	$2.50	73.6%	21.1%	20.1%	21.1%	0.0%	0.0%	-8.8%	29	-21.2K	-65	0.00	90.09	N/A	N/A	110	0	173	96
2014-02-04	$3.00	$2.50	77.0%	22.1%	15.2%	23.2%	0.0%	0.0%	-11.7%	96	-21.3K	-79	0.00	86.76	N/A	N/A	0	0	282	96
2014-02-05	$2.98	$2.50	80.5%	23.1%	14.7%	25.4%	0.0%	0.0%	-22.1%	83	-20.0K	-84	0.00	87.54	N/A	N/A	0	0	282	96
2014-02-06	$2.98	$2.50	83.0%	23.8%	14.6%	27.0%	0.0%	0.0%	-16.4%	83	-19.7K	-89	0.00	91.67	N/A	N/A	100	0	282	96
2014-02-07	$2.98	$2.50	85.7%	17.8%	14.5%	28.7%	0.0%	0.0%	-19.3%	166	-21.5K	-93	0.00	96.67	N/A	N/A	0	0	382	96
2014-02-10	$3.04	$2.50	98.6%	15.4%	13.1%	36.8%	0.0%	0.0%	-1.2%	195	-24.2K	-79	0.00	89.38	N/A	N/A	10	0	382	96
2014-02-11	$3.03	$2.50	103.8%	15.7%	13.1%	39.3%	0.0%	0.0%	-2.3%	208	-24.1K	-89	0.00	89.21	N/A	N/A	0	0	392	96
2014-02-12	$3.01	$2.50	102.5%	20.6%	13.1%	37.7%	0.0%	0.0%	-4.4%	178	-20.2K	-97	0.00	66.98	N/A	N/A	40	0	392	96
2014-02-13	$2.99	$2.50	73.4%	21.0%	12.6%	18.9%	0.0%	0.0%	-6.6%	180	-20.0K	-96	0.00	70.21	N/A	N/A	0	0	432	96
2014-02-14	$3.03	$2.50	81.2%	23.3%	13.4%	23.0%	0.0%	0.0%	-3.7%	36	-18.9K	-71	0.00	173.81	N/A	N/A	0	6	432	96
2014-02-18	$2.83	$2.50	69.1%	19.8%	27.4%	15.0%	0.0%	0.0%	0.8%	107	-15.6K	-101	0.00	55.53	N/A	N/A	0	0	432	102
2014-02-19	$3.02	$2.50	79.1%	22.7%	36.8%	19.4%	0.0%	0.0%	-16.1%	133	-21.0K	-94	0.00	71.11	N/A	N/A	0	8	432	100
2014-02-20	$3.06	$2.50	56.2%	16.1%	36.8%	3.9%	67.0%	0.0%	-4.0%	271	-26.7K	-95	1.20	89.38	N/A	N/A	10	12	432	108
2014-02-21	$3.05	$2.50	57.8%	16.6%	36.7%	5.0%	0.0%	0.0%	-5.7%	286	-29.0K	-120	0.00	89.38	N/A	N/A	0	0	442	120
2014-02-24	$3.06	$2.50	60.4%	17.3%	36.7%	6.7%	0.0%	0.0%	6.6%	119	-23.6K	-77	0.00	83.92	N/A	N/A	0	0	432	120
2014-02-25	$2.99	$2.50	60.6%	17.4%	37.3%	6.9%	0.0%	0.0%	-1.8%	86	-22.7K	-76	0.00	84.88	N/A	N/A	4	0	432	120
2014-02-26	$3.04	$2.50	64.3%	18.4%	37.8%	9.3%	0.0%	0.0%	-10.1%	111	-24.8K	-75	0.00	87.67	N/A	N/A	30	0	436	120
2014-02-27	$3.02	$2.50	66.9%	19.2%	37.7%	11.1%	0.0%	0.0%	-5.1%	162	-31.4K	-90	0.00	87.54	N/A	N/A	0	0	466	120
2014-02-28	$3.06	$2.50	65.6%	18.8%	38.0%	10.3%	0.0%	0.0%	-2.6%	311	-32.9K	-123	0.00	87.67	N/A	N/A	0	0	466	120