TINY Options History — May 2014

In May 2014, TINY traded between $3.23 and $3.60. ATM implied volatility averaged 87.4%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 57.7% (HV 20d: 29.7%). 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 0.11.

Notable Days

2014-05-08: Highest Volume — 508 contracts
2014-05-15: Largest IV drop — 64.3% change
2014-05-14: Highest IV Rank — 83.3%
2014-05-01: Largest Expected Move — 25.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.40	$3.23	$3.60	$3.60	$3.31
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	87.4%	55.6%	166.2%	90.3%	71.1%
Expected Move	18.8%	15.4%	25.9%	25.9%	20.4%
HV 20d	29.7%	22.0%	37.6%	37.5%	23.8%
HV 60d	43.4%	41.5%	46.0%	44.9%	41.9%
IV Rank	26.9%	3.9%	83.3%	28.7%	15.6%
IV Percentile	55.4%	3.2%	98.0%	75.4%	42.9%
Term Structure	-21.4%	-57.0%	-6.3%	-31.2%	-21.4%
VWIV	80.2%	59.5%	101.0%	59.5%	101.0%
Bid-Ask Spread %	17.68	10.48	21.98	16.23	18.38
Gamma HHI	0.91	0.65	0.98	0.97	0.83
Net GEX	12.7K	2.1K	23.3K	20.4K	3.7K
Net DEX	-384.6K	-764.8K	-76.4K	-579.9K	-102.4K
Net VEX	-2.9K	-6.1K	-275	-4.6K	-608
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.11	0.00	1.11	0.00	0.00
Total Volume	107.524	0	508	150	20
Total OI	8,484.333	7,013	8,933	7,013	8,933

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
2014-05-01	$3.60	$2.50	90.3%	25.9%	37.5%	28.7%	0.0%	0.0%	-31.2%	20.4K	-579.9K	-4.6K	0.00	16.23	N/A	N/A	150	0	6,970	43
2014-05-02	$3.50	$2.50	88.9%	25.5%	37.6%	27.8%	0.0%	0.0%	-31.7%	4.3K	-115.6K	-609	0.00	16.67	N/A	N/A	403	0	7,120	43
2014-05-05	$3.47	$2.50	84.2%	16.2%	34.5%	24.3%	0.0%	0.0%	-18.1%	4.4K	-126.3K	-725	0.00	21.02	N/A	N/A	250	0	7,512	43
2014-05-06	$3.43	$2.50	93.5%	15.8%	31.7%	31.0%	0.0%	0.0%	-17.3%	3.9K	-122.1K	-723	0.00	21.45	N/A	N/A	150	0	7,762	43
2014-05-07	$3.39	$2.50	94.0%	15.4%	30.0%	31.4%	0.0%	0.0%	-11.9%	2.8K	-102.3K	-417	0.00	18.80	N/A	N/A	0	0	7,912	43
2014-05-08	$3.51	$2.50	111.7%	17.3%	32.5%	44.1%	59.5%	0.0%	-20.8%	6.5K	-191.9K	-1.4K	0.00	19.09	N/A	N/A	508	0	7,912	43
2014-05-09	$3.50	$2.50	96.9%	17.7%	32.3%	33.5%	0.0%	0.0%	-22.0%	7.7K	-243.5K	-2.0K	0.00	20.67	N/A	N/A	454	0	8,342	43
2014-05-12	$3.50	$2.50	122.5%	18.3%	31.3%	51.9%	0.0%	0.0%	-23.8%	23.3K	-764.8K	-6.1K	0.00	20.39	N/A	N/A	10	0	8,791	43
2014-05-13	$3.43	$2.50	154.9%	17.2%	31.3%	75.2%	0.0%	0.0%	-16.2%	20.6K	-566.6K	-4.6K	0.00	21.45	N/A	N/A	75	0	8,781	43
2014-05-14	$3.41	$2.50	166.2%	16.4%	31.4%	83.3%	0.0%	0.0%	-23.1%	21.6K	-711.5K	-5.7K	0.00	21.45	N/A	N/A	100	0	8,781	43
2014-05-15	$3.39	$2.50	59.3%	17.0%	31.3%	6.4%	0.0%	0.0%	-15.9%	18.4K	-530.0K	-4.2K	0.00	21.98	N/A	N/A	0	0	8,820	43
2014-05-16	$3.38	$2.50	56.0%	16.0%	31.3%	4.2%	0.0%	0.0%	-22.1%	18.6K	-534.2K	-4.2K	0.00	21.98	N/A	N/A	0	0	8,820	43
2014-05-19	$3.39	$2.50	62.8%	18.0%	31.2%	9.3%	0.0%	0.0%	-8.2%	17.3K	-514.4K	-3.9K	0.00	17.36	N/A	N/A	30	0	8,819	43
2014-05-20	$3.35	$2.50	61.4%	17.6%	31.3%	8.3%	0.0%	0.0%	-7.7%	17.9K	-524.7K	-4.1K	0.00	17.83	N/A	N/A	0	0	8,849	43
2014-05-21	$3.41	$2.50	68.6%	19.7%	30.8%	13.7%	0.0%	0.0%	-18.6%	18.5K	-529.1K	-4.1K	0.00	15.29	N/A	N/A	0	0	8,849	43
2014-05-22	$3.38	$2.50	55.6%	15.9%	23.3%	3.9%	0.0%	0.0%	-6.3%	21.2K	-682.1K	-5.6K	0.00	14.63	N/A	N/A	5	0	8,849	43
2014-05-23	$3.35	$2.50	69.9%	20.0%	22.9%	14.7%	0.0%	0.0%	-10.7%	15.8K	-499.8K	-3.7K	1.11	10.73	N/A	N/A	18	20	8,854	43
2014-05-27	$3.30	$2.50	61.8%	17.7%	23.2%	8.6%	0.0%	0.0%	-11.4%	2.4K	-86.1K	-357	0.00	13.57	N/A	N/A	15	0	8,852	63
2014-05-28	$3.23	$2.50	86.6%	24.8%	22.1%	27.3%	101.0%	0.0%	-57.0%	14.7K	-473.0K	-3.4K	0.63	10.48	N/A	N/A	16	10	8,857	63
2014-05-29	$3.24	$2.50	79.2%	22.7%	22.0%	21.7%	0.0%	0.0%	-53.0%	2.1K	-76.4K	-275	0.00	11.81	N/A	N/A	24	0	8,856	73
2014-05-30	$3.31	$2.50	71.1%	20.4%	23.8%	15.6%	0.0%	0.0%	-21.4%	3.7K	-102.4K	-608	0.00	18.38	N/A	N/A	20	0	8,860	73