VICR Options History — May 2012

In May 2012, VICR traded between $6.00 and $6.90. ATM implied volatility averaged 50.3%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 15.3% (HV 20d: 35.0%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.03.

Notable Days

2012-05-18: Highest Volume — 14 contracts
2012-05-17: Largest IV spike — 52.3% change
2012-05-31: Highest IV Rank — 79.2%
2012-05-31: Largest Expected Move — 21.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.41	$6.00	$6.90	$6.90	$6.02
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	50.3%	33.9%	73.7%	34.2%	73.7%
Expected Move	13.3%	9.3%	21.1%	9.8%	21.1%
HV 20d	35.0%	31.7%	38.3%	37.6%	35.5%
HV 60d	40.3%	37.8%	41.6%	41.6%	39.0%
IV Rank	42.2%	15.7%	79.2%	17.7%	79.2%
IV Percentile	53.4%	9.9%	97.6%	11.1%	97.6%
Term Structure	-3.9%	-42.8%	16.3%	14.4%	-31.5%
Skew 25d	8.4%	-5.9%	24.1%	17.5%	-5.9%
Skew 10d	7.8%	-3.5%	17.3%	7.8%	-2.6%
Call IV 25d	43.7%	32.9%	64.3%	43.1%	64.3%
Put IV 25d	52.1%	42.7%	69.2%	60.6%	58.4%
Bid-Ask Spread %	46.80	23.33	67.12	50.47	27.56
Gamma HHI	0.64	0.40	0.93	0.85	0.43
Net GEX	798	194	2.0K	2.0K	388
Net DEX	193.6K	172.8K	218.7K	172.8K	186.9K
Net VEX	-251	-357	-168	-357	-204
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.03	0.00	0.08	0.00	0.08
Total Volume	3.455	0	14	0	0
Total OI	642.773	608	683	643	614

Daily Data (22 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
2012-05-01	$6.90	$7.50	34.2%	9.8%	37.6%	17.7%	0.0%	17.5%	14.4%	2.0K	172.8K	-357	0.00	50.47	N/A	N/A	0	0	279	364
2012-05-02	$6.90	$7.50	35.2%	10.1%	34.8%	19.3%	0.0%	18.9%	8.3%	2.0K	179.9K	-334	0.00	49.05	N/A	N/A	0	0	279	364
2012-05-03	$6.63	$7.50	53.1%	15.2%	36.4%	47.3%	0.0%	24.1%	8.4%	1.5K	188.2K	-294	0.00	24.72	N/A	N/A	0	0	279	364
2012-05-04	$6.61	$0.00	52.1%	9.3%	36.1%	45.7%	0.0%	5.1%	12.3%	1.4K	176.2K	-313	0.00	66.83	N/A	N/A	0	10	279	364
2012-05-07	$6.61	$0.00	58.2%	10.9%	36.1%	55.3%	0.0%	14.1%	0.4%	1.5K	191.9K	-246	0.00	67.08	N/A	N/A	0	0	279	374
2012-05-08	$6.62	$0.00	48.8%	11.3%	36.2%	40.5%	0.0%	16.0%	16.3%	1.1K	193.8K	-306	0.00	65.30	N/A	N/A	0	10	279	374
2012-05-09	$6.48	$0.00	67.0%	9.4%	35.7%	68.5%	0.0%	3.1%	-0.4%	1.2K	213.0K	-210	0.00	66.09	N/A	N/A	0	0	279	384
2012-05-10	$6.57	$0.00	41.8%	12.0%	35.3%	28.2%	0.0%	15.2%	9.6%	1.1K	209.2K	-258	0.00	66.47	N/A	N/A	0	0	279	384
2012-05-11	$6.49	$0.00	33.9%	9.7%	34.3%	15.7%	0.0%	8.5%	0.4%	194	200.9K	-294	0.00	64.67	N/A	N/A	0	0	279	384
2012-05-14	$6.50	$0.00	35.6%	10.2%	33.7%	18.3%	0.0%	10.1%	-0.3%	490	218.7K	-194	0.00	67.10	N/A	N/A	10	0	279	384
2012-05-15	$6.56	$0.00	35.2%	10.1%	31.9%	17.7%	0.0%	11.2%	-0.3%	570	215.8K	-207	0.00	67.12	N/A	N/A	0	0	289	384
2012-05-16	$6.32	$0.00	39.5%	11.3%	31.9%	24.6%	0.0%	4.9%	9.1%	400	201.5K	-237	0.00	65.28	N/A	N/A	10	0	289	384
2012-05-17	$6.24	$0.00	60.2%	17.2%	31.7%	57.5%	0.0%	4.6%	-29.5%	292	190.0K	-278	0.00	48.52	N/A	N/A	0	0	299	384
2012-05-18	$6.26	$0.00	37.3%	10.7%	31.8%	21.0%	0.0%	5.9%	13.0%	417	193.8K	-251	0.08	47.87	N/A	N/A	13	1	299	384
2012-05-21	$6.45	$0.00	36.9%	10.6%	32.6%	20.4%	0.0%	7.0%	9.9%	576	192.5K	-225	0.00	23.33	N/A	N/A	0	0	235	373
2012-05-22	$6.07	$0.00	43.8%	12.6%	35.8%	31.5%	0.0%	7.1%	-6.5%	429	185.8K	-214	0.00	23.91	N/A	N/A	0	11	235	373
2012-05-23	$6.24	$0.00	61.6%	17.7%	38.3%	59.8%	0.0%	6.2%	-15.2%	408	186.2K	-245	0.00	27.36	N/A	N/A	0	11	235	378
2012-05-24	$6.28	$0.00	53.7%	15.4%	37.8%	47.2%	0.0%	10.2%	-11.9%	428	187.8K	-248	0.00	26.53	N/A	N/A	0	0	235	379
2012-05-25	$6.19	$0.00	65.9%	18.9%	37.2%	66.6%	0.0%	3.2%	-26.1%	424	188.9K	-226	0.00	29.05	N/A	N/A	0	0	235	379
2012-05-29	$6.17	$0.00	70.5%	20.2%	34.6%	74.0%	0.0%	2.7%	-42.8%	392	198.3K	-168	0.00	26.41	N/A	N/A	0	0	235	379
2012-05-30	$6.00	$0.00	69.2%	19.8%	35.4%	71.9%	0.0%	-5.1%	-23.2%	371	186.2K	-206	0.00	28.93	N/A	N/A	0	0	235	379
2012-05-31	$6.02	$0.00	73.7%	21.1%	35.5%	79.2%	0.0%	-5.9%	-31.5%	388	186.9K	-204	0.00	27.56	N/A	N/A	0	0	235	379