TINY Options History — May 2016

In May 2016, TINY traded between $1.67 and $1.77. ATM implied volatility averaged 86.3%, placing in the 35.6% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 59.5% (HV 20d: 26.8%). 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 0.56.

Notable Days

  • 2016-05-04: Highest Volume — 297 contracts
  • 2016-05-11: Largest IV drop — 52.0% change
  • 2016-05-10: Highest IV Rank — 68.7%
  • 2016-05-04: Largest Expected Move — 29.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.71$1.67$1.77$1.77$1.72
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV86.3%63.6%132.8%88.2%79.9%
Expected Move22.0%17.4%29.1%25.3%22.9%
HV 20d26.8%17.0%29.6%24.3%29.4%
HV 60d32.7%32.0%33.1%32.6%32.0%
IV Rank35.6%19.5%68.7%37.0%31.0%
IV Percentile77.2%52.4%97.6%83.3%73.4%
Term Structure-24.4%-48.5%-5.0%-48.5%-5.0%
Bid-Ask Spread %14.149.2316.9914.3414.11
Gamma HHI1.001.001.001.001.00
Net GEX4.1K3.8K4.6K4.1K4.4K
Net DEX-83.0K-99.6K-67.3K-76.1K-90.1K
Net VEX-850-982-711-840-843
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.101.120.410.23
Total Volume137.095432979797
Total OI3,6563,2923,7643,2923,764

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-05-02$1.77$0.0088.2%25.3%24.3%37.0%0.0%0.0%-48.5%4.1K-76.1K-8400.4114.34N/AN/A69283,25042
2016-05-03$1.74$0.0078.0%22.4%25.3%29.7%0.0%0.0%-30.1%4.0K-83.9K-8600.1714.67N/AN/A169283,30047
2016-05-04$1.75$0.00101.7%29.1%17.0%46.6%0.0%0.0%-40.8%4.1K-94.3K-9190.1012.23N/AN/A269283,40047
2016-05-05$1.67$2.5095.4%18.1%23.6%42.1%0.0%0.0%-14.8%3.8K-93.4K-9340.1016.99N/AN/A269283,65047
2016-05-06$1.72$2.50112.8%17.4%26.0%54.4%0.0%0.0%-14.3%4.2K-79.6K-8590.1013.03N/AN/A269283,65047
2016-05-09$1.70$2.50115.2%17.5%26.4%56.2%0.0%0.0%-16.3%4.1K-91.0K-9400.1014.67N/AN/A269283,65047
2016-05-10$1.68$2.50132.8%19.4%26.6%68.7%0.0%0.0%-17.3%3.9K-77.9K-8340.1015.35N/AN/A269283,65047
2016-05-11$1.71$2.5063.7%18.3%27.4%19.5%0.0%0.0%-17.2%4.2K-84.2K-8880.1016.64N/AN/A269283,65047
2016-05-12$1.70$2.5085.4%24.5%27.4%35.0%0.0%0.0%-47.2%4.2K-93.0K-9381.1213.27N/AN/A25283,65047
2016-05-13$1.70$2.5079.8%22.9%26.6%31.0%0.0%0.0%-48.2%4.1K-99.6K-9821.1214.67N/AN/A25283,65147
2016-05-16$1.67$2.5073.2%21.0%27.0%26.3%0.0%0.0%-21.6%3.9K-82.4K-8481.1215.35N/AN/A25283,65147
2016-05-17$1.70$2.5068.8%19.7%27.8%23.1%0.0%0.0%-21.4%4.2K-88.8K-9191.129.23N/AN/A25283,65147
2016-05-18$1.67$2.5063.6%18.2%27.6%19.5%0.0%0.0%-23.3%3.8K-67.3K-7381.1216.99N/AN/A25283,65147
2016-05-19$1.68$2.5064.2%18.4%27.8%19.9%0.0%0.0%-24.0%3.9K-75.9K-7851.1213.09N/AN/A25283,65147
2016-05-20$1.67$2.5078.3%22.4%27.8%29.9%0.0%0.0%-25.2%3.8K-76.4K-8051.1214.80N/AN/A25283,65147
2016-05-23$1.70$2.5086.2%24.7%28.3%35.5%0.0%0.0%-15.8%4.2K-86.1K-8740.7211.50N/AN/A25183,65147
2016-05-24$1.72$2.5079.9%22.9%28.4%31.1%0.0%0.0%-21.6%4.1K-67.3K-7110.7213.62N/AN/A25183,65147
2016-05-25$1.76$2.5076.9%22.0%29.6%28.9%0.0%0.0%-21.4%4.6K-73.2K-7410.7213.70N/AN/A25183,65147
2016-05-26$1.72$2.5093.5%26.8%29.5%40.8%0.0%0.0%-18.9%4.3K-87.1K-8330.2114.11N/AN/A85183,65147
2016-05-27$1.72$2.5095.7%27.4%29.5%42.3%0.0%0.0%-20.3%4.3K-74.9K-7670.2114.67N/AN/A85183,71747
2016-05-31$1.72$2.5079.9%22.9%29.4%31.0%0.0%0.0%-5.0%4.4K-90.1K-8430.2314.11N/AN/A79183,71747