VSAT Options History — January 2007

Name: VSAT Options Analytics - January 2007
Creator: Options Analysis Suite

In January 2007, VSAT traded between $29.35 and $33.24. ATM implied volatility averaged 29.9%. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 3.1% (HV 20d: 26.8%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.29.

Notable Days

2007-01-16: Highest Volume — 20 contracts
2007-01-30: Largest IV drop — 24.7% change
2007-01-23: Largest Expected Move — 9.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.53	$29.35	$33.24	$29.73	$32.97
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	29.9%	21.5%	33.9%	31.8%	24.6%
Expected Move	8.6%	6.2%	9.7%	9.1%	7.1%
HV 20d	26.8%	24.3%	28.4%	24.3%	26.7%
Term Structure	2.7%	-1.4%	10.3%	-1.3%	3.5%
VWIV	36.0%	32.0%	43.4%	33.1%	35.3%
Bid-Ask Spread %	103.75	98.12	116.90	105.36	116.90
Gamma HHI	0.52	0.40	0.82	0.46	0.75
Net GEX	18.8K	16.4K	22.8K	18.5K	17.0K
Net DEX	-880.5K	-1.2M	-759.6K	-766.8K	-1.2M
Net VEX	-2.6K	-2.8K	-2.3K	-2.7K	-2.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.00	2.00	0.00	0.00
Total Volume	4.05	0	20	0	2
Total OI	493.5	477	526	477	526

Daily Data (20 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
2007-01-03	$29.73	$0.00	31.8%	9.1%	0.0%	0.0%	0.0%	0.0%	-1.3%	18.5K	-766.8K	-2.7K	0.00	105.36	N/A	N/A	0	0	461	16
2007-01-04	$29.79	$0.00	27.9%	8.0%	0.0%	0.0%	0.0%	0.0%	2.9%	18.2K	-777.6K	-2.7K	0.00	101.09	N/A	N/A	0	0	461	16
2007-01-05	$29.54	$25.00	32.3%	8.7%	0.0%	0.0%	0.0%	0.0%	4.6%	18.3K	-760.0K	-2.7K	0.00	98.61	N/A	N/A	0	0	461	16
2007-01-08	$29.73	$25.00	31.9%	8.7%	0.0%	0.0%	0.0%	0.0%	3.1%	18.1K	-771.1K	-2.6K	0.00	98.95	N/A	N/A	0	0	461	16
2007-01-09	$29.67	$25.00	30.6%	8.6%	0.0%	0.0%	0.0%	0.0%	3.8%	17.8K	-774.8K	-2.6K	0.00	99.40	N/A	N/A	0	0	461	16
2007-01-10	$29.49	$25.00	28.2%	8.7%	0.0%	0.0%	0.0%	0.0%	5.4%	18.1K	-759.6K	-2.6K	0.00	99.84	N/A	N/A	0	0	461	16
2007-01-11	$30.40	$25.00	28.0%	8.0%	0.0%	0.0%	0.0%	0.0%	6.5%	16.9K	-836.9K	-2.6K	0.00	98.40	N/A	N/A	7	0	461	16
2007-01-12	$30.63	$25.00	27.8%	8.0%	0.0%	0.0%	0.0%	0.0%	3.8%	17.1K	-875.3K	-2.6K	0.00	98.50	N/A	N/A	10	0	468	16
2007-01-16	$30.55	$25.00	32.8%	9.4%	0.0%	0.0%	33.1%	0.0%	-1.4%	19.0K	-858.4K	-2.6K	0.00	99.55	N/A	N/A	20	0	468	16
2007-01-17	$30.03	$25.00	33.3%	9.5%	0.0%	0.0%	0.0%	0.0%	-0.3%	22.6K	-841.2K	-2.6K	0.00	98.12	N/A	N/A	0	0	488	16
2007-01-18	$29.67	$25.00	32.7%	9.4%	0.0%	0.0%	0.0%	0.0%	2.2%	22.4K	-809.2K	-2.5K	0.00	100.06	N/A	N/A	0	0	488	16
2007-01-19	$29.79	$25.00	33.1%	9.5%	0.0%	0.0%	43.4%	0.0%	0.5%	22.8K	-825.3K	-2.6K	0.00	99.93	N/A	N/A	10	0	488	16
2007-01-22	$29.35	$25.00	33.2%	9.5%	0.0%	0.0%	0.0%	0.0%	-0.7%	19.9K	-775.7K	-2.3K	0.00	102.15	N/A	N/A	0	0	481	16
2007-01-23	$29.38	$25.00	33.9%	9.7%	0.0%	0.0%	0.0%	0.0%	-1.0%	20.0K	-771.9K	-2.3K	0.00	102.15	N/A	N/A	0	0	481	16
2007-01-24	$30.39	$25.00	32.5%	9.3%	0.0%	0.0%	0.0%	0.0%	0.5%	19.2K	-870.6K	-2.5K	0.00	103.63	N/A	N/A	0	0	481	16
2007-01-25	$31.03	$25.00	30.6%	8.8%	24.3%	0.0%	0.0%	0.0%	2.3%	19.4K	-935.7K	-2.5K	0.00	109.02	N/A	N/A	0	0	481	16
2007-01-26	$32.40	$25.00	23.5%	6.7%	28.4%	0.0%	0.0%	0.0%	4.9%	17.4K	-1.1M	-2.7K	0.00	112.86	N/A	N/A	17	0	481	16
2007-01-29	$32.75	$25.00	28.6%	8.2%	27.6%	0.0%	32.0%	0.0%	3.6%	17.9K	-1.2M	-2.8K	2.00	113.69	N/A	N/A	5	10	498	16
2007-01-30	$33.24	$25.00	21.5%	6.2%	27.0%	0.0%	0.0%	0.0%	10.3%	16.4K	-1.2M	-2.8K	0.00	116.78	N/A	N/A	0	0	500	26
2007-01-31	$32.97	$25.00	24.6%	7.1%	26.7%	0.0%	35.3%	0.0%	3.5%	17.0K	-1.2M	-2.8K	0.00	116.90	N/A	N/A	2	0	500	26