TINY Options History — March 2015

In March 2015, TINY traded between $2.95 and $3.56. ATM implied volatility averaged 67.8%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 30.2% (HV 20d: 37.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.09.

Notable Days

  • 2015-03-03: Highest Volume — 923 contracts
  • 2015-03-11: Largest IV drop — 45.6% change
  • 2015-03-10: Highest IV Rank — 40.5%
  • 2015-03-03: Largest Expected Move — 24.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.18$2.95$3.56$3.51$3.11
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV67.8%47.1%98.3%80.1%71.1%
Expected Move17.7%13.5%24.4%23.0%20.4%
HV 20d37.6%28.5%43.8%32.1%28.5%
HV 60d28.3%26.0%30.2%26.2%28.4%
IV Rank18.4%3.5%40.5%27.3%20.8%
IV Percentile45.8%3.6%91.7%72.6%60.7%
Term Structure-5.0%-33.1%14.9%-20.4%-15.9%
VWIV66.1%53.0%84.8%79.8%63.0%
Bid-Ask Spread %17.1011.7820.2611.7916.87
Gamma HHI0.770.500.980.910.50
Net GEX3.1K4414.5K8.6K812
Net DEX-207.0K-688.9K-58.4K-279.9K-126.2K
Net VEX-1.2K-4.5K-273-1.8K-273
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.003.062.263.06
Total Volume338.8640923863788
Total OI11,479.2277,35313,65613,0247,447

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-03-02$3.51$2.5080.1%23.0%32.1%27.3%79.8%0.0%-20.4%8.6K-279.9K-1.8K2.2611.79N/AN/A26559812,134890
2015-03-03$3.56$2.5085.0%24.4%32.2%30.9%84.8%0.0%-32.5%14.5K-598.0K-4.1K1.8411.78N/AN/A32559812,261891
2015-03-04$3.51$2.5085.0%24.4%33.1%30.8%84.6%0.0%-33.1%13.7K-688.9K-4.5K1.9316.54N/AN/A31059812,301891
2015-03-05$3.44$2.5087.4%17.4%34.4%32.6%61.0%0.0%-1.7%4.4K-230.1K-1.1K1.9315.29N/AN/A31059812,326891
2015-03-06$3.35$2.5085.1%16.6%36.0%30.9%58.1%0.0%-16.1%11.3K-572.4K-3.5K1.9516.91N/AN/A30659812,326891
2015-03-09$3.29$2.5094.4%17.0%36.8%37.7%0.0%0.0%-2.2%1.7K-186.1K-7440.0016.43N/AN/A175012,349890
2015-03-10$3.22$2.5098.3%15.8%37.8%40.5%0.0%0.0%9.2%1.7K-171.4K-7890.0015.69N/AN/A0012,498890
2015-03-11$3.18$2.5053.5%15.3%38.1%8.1%0.0%0.0%10.3%1.3K-163.8K-8060.0015.43N/AN/A36012,498890
2015-03-12$3.15$2.5055.9%16.0%38.2%9.8%0.0%0.0%11.1%1.9K-162.8K-8470.0015.43N/AN/A0012,524890
2015-03-13$3.18$2.5055.0%15.8%38.0%9.2%0.0%0.0%9.5%1.4K-166.3K-7550.0018.25N/AN/A75012,524890
2015-03-16$3.13$2.5060.4%17.3%38.1%13.1%0.0%0.0%9.6%2.3K-160.9K-8890.0018.25N/AN/A37012,599890
2015-03-17$2.95$2.5047.1%13.5%43.1%3.5%0.0%0.0%14.9%44-122.6K-6350.0020.26N/AN/A100012,636890
2015-03-18$3.00$2.5055.0%15.8%43.6%9.2%0.0%0.0%6.0%717-156.0K-6820.0018.59N/AN/A5012,736890
2015-03-19$3.02$2.5054.8%15.7%43.8%9.1%0.0%0.0%4.1%465-161.3K-6510.0019.30N/AN/A30012,736890
2015-03-20$3.02$2.5055.8%16.0%43.8%9.8%0.0%0.0%3.6%680-165.3K-7050.0019.30N/AN/A0012,766890
2015-03-23$3.04$2.5057.8%16.6%43.7%11.3%0.0%0.0%-9.4%281-58.4K-5990.0018.50N/AN/A7606,490863
2015-03-24$3.04$2.5059.0%16.9%42.7%12.1%54.6%0.0%-10.1%513-72.9K-6660.0018.50N/AN/A706,566863
2015-03-25$3.04$2.5060.3%17.3%42.6%13.0%0.0%0.0%-10.8%522-75.1K-6630.0017.62N/AN/A006,573863
2015-03-26$3.06$2.5060.2%17.2%41.2%12.9%53.0%0.0%-10.0%437-73.3K-6362.5018.50N/AN/A2385946,573864
2015-03-27$3.03$2.5063.8%18.3%29.8%15.5%0.0%0.0%-13.3%816-77.5K-6920.0018.50N/AN/A006,573863
2015-03-30$3.07$2.5065.6%18.8%28.6%16.9%56.3%0.0%-12.7%177-84.5K-4973.0618.50N/AN/A1945946,573864
2015-03-31$3.11$2.5071.1%20.4%28.5%20.8%63.0%0.0%-15.9%812-126.2K-2733.0616.87N/AN/A1945946,583864