TINY Options History — March 2016

In March 2016, TINY traded between $1.67 and $1.97. ATM implied volatility averaged 75.2%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded above realized volatility by 46.6% (HV 20d: 28.7%). 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 1 of 22 days. Put/call ratio averaged 0.31.

Notable Days

  • 2016-03-16: Highest Volume — 508 contracts
  • 2016-03-07: Largest IV spike — 59.5% change
  • 2016-03-07: Highest IV Rank — 60.4%
  • 2016-03-31: Largest Expected Move — 30.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.88$1.67$1.97$1.82$1.67
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV75.2%48.9%112.4%70.8%106.9%
Expected Move19.7%14.0%30.7%20.3%30.7%
HV 20d28.7%23.2%40.4%31.8%40.4%
HV 60d37.6%36.6%40.9%36.8%40.7%
IV Rank30.9%10.1%60.4%27.4%56.0%
IV Percentile67.5%15.1%98.4%68.3%96.4%
Term Structure-19.3%-51.9%0.2%-27.3%-27.1%
VWIV63.8%53.1%84.1%68.3%84.1%
Bid-Ask Spread %16.089.4620.7716.1913.13
Gamma HHI1.001.001.001.001.00
Net GEX3.6K2.4K5.3K2.4K3.0K
Net DEX-87.2K-164.1K-36.9K-69.7K-40.5K
Net VEX-818-1.3K-523-679-572
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.110.440.290.44
Total Volume193.727114508203114
Total OI2,755.3182,4463,3162,4463,024

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-03-01$1.82$2.5070.8%20.3%31.8%27.4%0.0%0.0%-27.3%2.4K-69.7K-6790.2916.19N/AN/A157462,39452
2016-03-02$1.83$2.5078.8%22.6%31.5%33.7%0.0%0.0%-15.7%2.4K-78.0K-7130.2916.76N/AN/A157462,51452
2016-03-03$1.83$2.5092.4%19.0%28.3%44.5%68.3%0.0%-18.1%2.7K-45.1K-5230.4317.20N/AN/A107462,51452
2016-03-04$1.90$2.5070.5%16.8%31.0%27.2%53.2%0.0%0.2%3.1K-55.5K-6110.4320.02N/AN/A107462,51452
2016-03-07$1.88$2.50112.4%17.2%30.7%60.4%56.4%0.0%-14.5%3.0K-46.2K-5350.4315.77N/AN/A107462,51452
2016-03-08$1.92$2.50110.7%16.3%31.2%59.1%54.4%0.0%-7.5%3.3K-57.3K-5970.3612.94N/AN/A107382,51452
2016-03-09$1.95$2.5058.9%16.9%25.6%17.9%53.1%0.0%-14.0%3.0K-85.4K-7380.2016.81N/AN/A187382,51452
2016-03-10$1.94$2.5059.3%17.0%23.7%18.2%54.5%0.0%-14.7%3.3K-80.1K-7470.2018.99N/AN/A187382,54452
2016-03-11$1.92$2.5059.2%17.0%23.6%18.2%56.7%0.0%-15.8%2.9K-78.6K-7400.1820.15N/AN/A187332,54452
2016-03-14$1.93$2.5048.9%14.0%23.6%10.1%0.0%0.0%-10.6%3.0K-85.1K-7550.189.46N/AN/A187332,54454
2016-03-15$1.88$2.5053.2%15.2%25.8%13.4%0.0%0.0%-12.3%2.7K-72.9K-6780.2113.50N/AN/A157332,54454
2016-03-16$1.90$2.5075.8%21.7%25.9%31.4%76.1%0.0%-40.2%3.1K-84.8K-7610.1119.45N/AN/A457512,64454
2016-03-17$1.92$2.5057.6%16.5%25.9%16.9%0.0%0.0%-5.2%3.8K-101.7K-9250.2020.77N/AN/A257513,04274
2016-03-18$1.91$2.5072.2%20.7%26.1%28.5%64.2%0.0%-28.6%4.1K-114.1K-1.0K0.2020.02N/AN/A257513,24274
2016-03-21$1.92$2.5069.5%19.9%25.7%26.4%81.1%0.0%-20.2%4.7K-127.8K-1.1K0.2115.38N/AN/A165352,58554
2016-03-22$1.94$2.5057.3%16.4%25.2%16.7%0.0%0.0%-8.2%5.1K-139.6K-1.2K0.4413.21N/AN/A79352,77054
2016-03-23$1.97$2.5060.6%17.4%24.1%19.3%0.0%0.0%-8.3%5.3K-142.9K-1.3K0.4418.22N/AN/A79352,82054
2016-03-24$1.95$2.5076.0%21.8%23.2%31.5%84.1%0.0%-41.1%5.3K-164.1K-1.3K0.2713.78N/AN/A129352,82054
2016-03-28$1.88$2.5087.5%25.1%27.4%40.6%0.0%0.0%-51.9%5.2K-145.7K-1.2K0.4414.11N/AN/A79352,92054
2016-03-29$1.73$2.5078.9%22.6%39.9%33.8%0.0%0.0%-21.1%3.8K-66.3K-7540.4413.70N/AN/A79352,97054
2016-03-30$1.71$2.5097.1%27.8%39.9%48.3%0.0%0.0%-23.6%3.2K-36.9K-5680.4414.11N/AN/A79352,97054
2016-03-31$1.67$2.50106.9%30.7%40.4%56.0%0.0%0.0%-27.1%3.0K-40.5K-5720.4413.13N/AN/A79352,97054