TINY Options History — April 2016

In April 2016, TINY traded between $1.62 and $1.77. ATM implied volatility averaged 98.0%, placing in the 46.2% IV rank vs the trailing year. The 30-day expected move averaged 21.3%. IV traded above realized volatility by 58.3% (HV 20d: 39.7%). 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 4 of 21 days. Put/call ratio averaged 0.38.

Notable Days

  • 2016-04-18: Highest Volume — 192 contracts
  • 2016-04-12: Largest IV drop — 64.0% change
  • 2016-04-11: Highest IV Rank — 100.0%
  • 2016-04-01: Largest Expected Move — 33.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.72$1.62$1.77$1.68$1.76
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV98.0%63.7%176.8%117.6%80.2%
Expected Move21.3%14.1%33.7%33.7%23.0%
HV 20d39.7%28.2%44.0%40.5%28.3%
HV 60d37.2%32.6%42.3%40.6%32.6%
IV Rank46.2%19.5%100.0%64.5%31.3%
IV Percentile81.3%57.9%100.0%98.8%77.0%
Term Structure-20.1%-68.4%1.8%-68.4%-10.8%
Bid-Ask Spread %14.8111.3417.6911.3414.67
Gamma HHI1.001.001.001.001.00
Net GEX3.5K2.4K4.3K3.1K4.1K
Net DEX-58.9K-86.6K-29.7K-44.1K-79.1K
Net VEX-687-873-495-572-803
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.140.900.440.33
Total Volume113.5247419211492
Total OI3,123.0482,9923,2923,0243,292

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-04-01$1.68$2.50117.6%33.7%40.5%64.5%0.0%0.0%-68.4%3.1K-44.1K-5720.4411.34N/AN/A79352,97054
2016-04-04$1.62$0.00131.4%18.4%38.9%75.5%0.0%0.0%0.2%2.4K-29.7K-4960.4414.81N/AN/A79352,97054
2016-04-05$1.64$0.00142.3%19.0%39.5%84.1%0.0%0.0%0.0%2.6K-35.7K-4970.4415.36N/AN/A79352,97054
2016-04-06$1.73$0.00146.7%14.1%44.0%87.6%0.0%0.0%0.1%3.7K-60.7K-7410.4416.04N/AN/A79352,97054
2016-04-07$1.71$0.00137.3%17.0%43.3%80.1%0.0%0.0%-0.2%2.8K-31.4K-5060.4413.03N/AN/A79352,97054
2016-04-08$1.71$0.00129.8%19.1%43.4%74.2%0.0%0.0%-8.7%3.2K-44.1K-5790.4413.39N/AN/A79352,97054
2016-04-11$1.71$0.00176.8%17.8%43.4%100.0%0.0%0.0%-1.3%3.2K-39.8K-5580.4416.17N/AN/A79352,97054
2016-04-12$1.72$0.0063.7%18.3%43.4%19.5%0.0%0.0%-12.9%3.3K-40.8K-5440.4417.13N/AN/A79352,97054
2016-04-13$1.72$0.0078.5%22.5%42.8%30.1%0.0%0.0%-30.4%3.8K-76.7K-7910.4417.69N/AN/A79352,97054
2016-04-14$1.71$0.0064.8%18.6%42.4%20.3%0.0%0.0%-13.9%2.8K-31.6K-4950.4416.17N/AN/A79352,97054
2016-04-15$1.74$0.0067.5%19.4%42.8%22.3%0.0%0.0%-13.9%3.6K-48.6K-6210.9016.73N/AN/A39352,97054
2016-04-18$1.72$0.0077.6%22.2%42.9%29.4%0.0%0.0%-32.1%3.3K-56.4K-6380.1414.11N/AN/A169232,95042
2016-04-19$1.71$0.0070.1%20.1%42.7%24.1%0.0%0.0%-21.1%3.4K-57.7K-6920.1915.23N/AN/A119233,10042
2016-04-20$1.74$0.0081.2%23.3%43.1%32.0%0.0%0.0%-35.7%4.2K-79.1K-8570.1912.79N/AN/A119233,20042
2016-04-21$1.74$0.0091.4%26.2%42.5%39.3%0.0%0.0%-36.8%4.3K-82.2K-8730.1914.67N/AN/A119233,20042
2016-04-22$1.74$0.0068.0%19.5%42.5%22.6%0.0%0.0%-5.6%3.9K-86.6K-8700.3314.67N/AN/A69233,20042
2016-04-25$1.76$0.0090.4%25.9%41.3%38.5%0.0%0.0%-53.4%4.1K-81.8K-8370.3315.23N/AN/A69233,25042
2016-04-26$1.74$0.0090.7%26.0%28.9%38.8%0.0%0.0%-55.9%3.9K-74.5K-8180.3312.79N/AN/A69233,25042
2016-04-27$1.73$0.0073.9%21.2%28.6%26.8%0.0%0.0%1.8%3.8K-72.0K-8240.3315.23N/AN/A69233,25042
2016-04-28$1.77$0.0079.0%22.6%28.2%30.4%0.0%0.0%-22.3%4.2K-83.6K-8180.3313.70N/AN/A69233,25042
2016-04-29$1.76$0.0080.2%23.0%28.3%31.3%0.0%0.0%-10.8%4.1K-79.1K-8030.3314.67N/AN/A69233,25042