TINY Options History — April 2014

In April 2014, TINY traded between $3.36 and $3.83. ATM implied volatility averaged 95.9%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded above realized volatility by 46.9% (HV 20d: 49.1%). 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 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-04-29: Highest Volume — 816 contracts
  • 2014-04-11: Largest IV spike — 140.3% change
  • 2014-04-11: Highest IV Rank — 93.8%
  • 2014-04-03: Largest Expected Move — 30.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.56$3.36$3.83$3.55$3.59
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV95.9%62.5%180.6%90.3%88.7%
Expected Move23.6%17.9%30.5%25.9%25.4%
HV 20d49.1%43.0%60.0%50.1%46.8%
HV 60d42.8%38.0%44.9%38.0%44.9%
IV Rank32.8%8.7%93.8%28.7%27.6%
IV Percentile73.0%22.2%99.2%77.4%73.4%
Term Structure-22.4%-39.0%-11.6%-14.1%-30.4%
VWIV88.9%87.6%90.2%87.6%90.2%
Bid-Ask Spread %73.8515.99197.9820.6716.23
Gamma HHI0.960.930.970.960.97
Net GEX13.5K8.9K19.9K10.1K19.9K
Net DEX-440.4K-584.7K-192.1K-354.3K-555.8K
Net VEX-3.3K-4.5K-1.5K-2.6K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.020.000.00
Total Volume184.04808160100
Total OI5,022.8573,7436,9673,7436,967

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$3.55$2.5090.3%25.9%50.1%28.7%0.0%0.0%-14.1%10.1K-354.3K-2.6K0.0020.67N/AN/A003,70538
2014-04-02$3.83$2.5062.5%17.9%55.6%8.7%0.0%0.0%-12.2%12.4K-498.2K-3.4K0.0022.22N/AN/A49903,70538
2014-04-03$3.73$2.50106.2%30.5%57.0%40.2%0.0%0.0%-31.4%13.7K-427.8K-3.2K0.0024.04N/AN/A24804,17338
2014-04-04$3.57$0.00104.6%20.1%60.0%39.0%0.0%0.0%-11.6%12.0K-376.6K-2.9K0.00112.17N/AN/A13604,35538
2014-04-07$3.70$0.00126.5%21.1%58.8%54.8%0.0%0.0%-12.2%14.3K-395.3K-3.1K0.00112.85N/AN/A35404,45538
2014-04-08$3.58$0.00126.1%22.2%54.6%54.5%0.0%0.0%-21.7%13.4K-406.8K-3.2K0.00113.92N/AN/A004,75938
2014-04-09$3.62$0.00130.7%21.8%54.5%57.8%0.0%0.0%-20.7%13.9K-411.6K-3.2K0.00111.88N/AN/A204,75938
2014-04-10$3.58$0.0075.1%21.5%46.8%17.8%0.0%0.0%-14.1%12.1K-243.4K-2.1K0.00112.17N/AN/A4804,76138
2014-04-11$3.50$0.00180.6%0.0%47.4%93.8%0.0%0.0%0.0%12.4K-411.5K-3.1K0.00197.98N/AN/A004,80438
2014-04-14$3.43$0.0090.1%25.8%45.1%28.6%0.0%0.0%-33.6%10.4K-573.8K-3.6K0.00130.60N/AN/A2204,80438
2014-04-15$3.42$0.0081.2%23.3%44.9%22.2%0.0%0.0%-25.9%8.9K-192.1K-1.5K0.00114.53N/AN/A14004,80238
2014-04-16$3.39$0.0079.6%22.8%44.9%21.0%0.0%0.0%-39.0%11.1K-495.6K-3.4K0.0085.53N/AN/A1704,92238
2014-04-17$3.38$0.0076.7%22.0%43.4%18.9%0.0%0.0%-17.1%11.3K-450.9K-3.1K0.00113.02N/AN/A1504,92538
2014-04-21$3.36$0.0078.4%22.5%43.4%20.1%0.0%0.0%-18.0%11.3K-388.1K-3.1K0.0084.49N/AN/A15104,89138
2014-04-22$3.39$0.0077.6%22.2%43.0%19.6%0.0%0.0%-16.5%11.7K-454.0K-3.4K0.0081.32N/AN/A15005,04038
2014-04-23$3.47$0.0079.1%22.7%43.8%20.6%0.0%0.0%-13.6%13.2K-426.4K-3.3K0.0021.02N/AN/A29905,19038
2014-04-24$3.66$0.0088.8%25.5%47.6%27.6%87.6%0.0%-25.0%16.1K-584.7K-4.2K0.0020.07N/AN/A46005,48938
2014-04-25$3.69$2.5087.9%25.2%47.5%27.0%0.0%0.0%-23.4%18.8K-529.3K-4.0K0.0220.07N/AN/A22055,90038
2014-04-28$3.68$2.5095.7%27.4%47.3%32.6%0.0%0.0%-29.2%19.2K-537.4K-4.1K0.0020.07N/AN/A18306,07043
2014-04-29$3.57$2.5088.3%25.3%47.5%27.3%0.0%0.0%-38.7%17.5K-535.3K-4.1K0.0015.99N/AN/A81606,23443
2014-04-30$3.59$2.5088.7%25.4%46.8%27.6%90.2%0.0%-30.4%19.9K-555.8K-4.5K0.0016.23N/AN/A10006,92443