TINY Options History — March 2014

In March 2014, TINY traded between $3.03 and $3.76. ATM implied volatility averaged 82.0%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 34.8% (HV 20d: 47.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-03-12: Highest Volume — 2,232 contracts
  • 2014-03-13: Largest IV drop — 56.3% change
  • 2014-03-12: Highest IV Rank — 52.6%
  • 2014-03-31: Largest Expected Move — 25.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.41$3.03$3.76$3.03$3.47
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV82.0%55.4%126.7%72.9%88.9%
Expected Move21.6%15.7%25.5%20.9%25.5%
HV 20d47.2%38.1%58.2%38.2%49.9%
HV 60d33.6%26.4%37.7%26.5%37.7%
IV Rank22.2%3.6%52.6%15.2%27.7%
IV Percentile61.6%2.8%95.6%50.8%75.8%
Term Structure-16.7%-52.6%13.4%-7.9%-15.5%
VWIV79.3%70.6%84.3%70.6%84.3%
Bid-Ask Spread %78.3113.64118.5587.5415.51
Gamma HHI0.810.510.950.590.93
Net GEX4.4K2799.6K2977.2K
Net DEX-165.6K-318.5K-32.4K-32.4K-162.5K
Net VEX-1.1K-2.4K-92-126-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume228.8102,2328110
Total OI1,979.6195863,6485863,648

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-03-03$3.03$2.5072.9%20.9%38.2%15.2%0.0%0.0%-7.9%297-32.4K-1260.0087.54N/AN/A80466120
2014-03-04$3.03$2.5074.9%21.5%38.1%16.5%0.0%0.0%-9.1%307-34.3K-1230.0087.54N/AN/A00474120
2014-03-05$3.06$2.5066.7%19.1%38.2%11.0%0.0%0.0%8.6%279-34.4K-970.0081.32N/AN/A160474120
2014-03-06$3.05$2.5070.1%20.1%38.1%13.2%0.0%0.0%13.4%350-35.3K-1170.0085.13N/AN/A150490120
2014-03-07$3.11$0.0073.8%17.4%38.7%15.7%0.0%0.0%-15.5%293-35.6K-920.00118.55N/AN/A70505120
2014-03-10$3.27$0.0081.4%15.7%42.2%20.9%0.0%0.0%-5.3%834-59.0K-2830.00107.41N/AN/A680505120
2014-03-11$3.52$0.00119.5%20.7%48.6%46.6%70.6%0.0%-27.0%1.0K-91.9K-3340.00115.20N/AN/A1970573120
2014-03-12$3.48$2.50126.7%20.4%49.0%52.6%0.0%0.0%8.7%1.5K-101.8K-5220.00114.71N/AN/A2,2320714120
2014-03-13$3.76$2.5055.4%15.9%54.6%3.6%81.1%0.0%-22.7%6.2K-299.5K-1.9K0.00114.01N/AN/A19702,040120
2014-03-14$3.75$2.5083.7%24.0%54.5%24.0%83.7%0.0%-52.6%6.3K-272.4K-1.8K0.00114.00N/AN/A14202,100120
2014-03-17$3.58$2.5079.6%22.8%58.2%21.0%76.7%0.0%-26.2%5.5K-273.4K-1.8K0.00114.07N/AN/A34802,178120
2014-03-18$3.54$2.5078.6%22.5%51.3%20.3%0.0%0.0%-25.8%6.0K-159.0K-1.2K0.00113.08N/AN/A2202,387120
2014-03-19$3.50$2.5082.5%23.7%47.8%23.1%0.0%0.0%-35.1%5.8K-160.1K-1.2K0.0085.70N/AN/A4102,409120
2014-03-20$3.39$2.5076.0%21.8%49.7%18.5%0.0%0.0%-25.6%4.2K-110.0K-8170.00113.02N/AN/A3502,440120
2014-03-21$3.41$2.5081.1%23.3%49.6%22.1%0.0%0.0%-29.7%5.5K-269.3K-1.8K0.0081.67N/AN/A36802,475120
2014-03-24$3.47$2.5076.0%21.8%49.7%18.4%0.0%0.0%-7.8%5.5K-128.0K-9640.0021.02N/AN/A18902,78938
2014-03-25$3.50$2.5080.9%23.2%48.5%22.0%0.0%0.0%-17.8%7.4K-318.5K-2.2K0.0020.67N/AN/A16702,95838
2014-03-26$3.55$2.5084.4%24.2%48.5%24.4%84.3%0.0%-19.4%8.4K-275.6K-2.1K0.0020.40N/AN/A42103,05738
2014-03-27$3.52$2.5082.7%23.7%48.5%23.2%0.0%0.0%-18.4%9.2K-309.9K-2.4K0.0013.64N/AN/A003,45038
2014-03-28$3.57$2.5086.3%24.8%48.6%25.9%0.0%0.0%-20.2%9.6K-314.8K-2.4K0.0020.40N/AN/A22203,45038
2014-03-31$3.47$2.5088.9%25.5%49.9%27.7%0.0%0.0%-15.5%7.2K-162.5K-1.2K0.0015.51N/AN/A11003,61038