AXTI Options History — September 2014

In September 2014, AXTI traded between $2.44 and $2.80. ATM implied volatility averaged 58.5%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 11.1% (HV 20d: 47.4%). 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 10 of 21 days. Put/call ratio averaged 0.05.

Notable Days

2014-09-04: Highest Volume — 60 contracts
2014-09-09: Largest IV spike — 56.4% change
2014-09-09: Highest IV Rank — 55.6%
2014-09-04: Largest Expected Move — 17.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.61	$2.44	$2.80	$2.62	$2.44
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	58.5%	39.2%	103.5%	48.5%	39.6%
Expected Move	14.4%	11.6%	17.6%	12.8%	15.2%
HV 20d	47.4%	39.2%	49.2%	46.6%	39.2%
HV 60d	43.2%	40.5%	44.4%	40.5%	43.5%
IV Rank	21.3%	6.6%	55.6%	13.7%	6.9%
IV Percentile	48.5%	5.6%	91.3%	30.6%	5.6%
Term Structure	-3.5%	-24.7%	35.8%	-19.5%	35.8%
VWIV	48.4%	44.4%	55.5%	44.4%	45.5%
Bid-Ask Spread %	76.42	41.65	113.80	96.23	77.53
Gamma HHI	0.98	0.92	1.00	1.00	0.92
Net GEX	9.1K	1.6K	20.6K	16.3K	1.6K
Net DEX	-310.5K	-545.3K	-73.6K	-374.3K	-76.2K
Net VEX	-505	-668	-348	-668	-348
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.05	0.00	0.20	0.00	0.00
Total Volume	6	0	60	36	0
Total OI	1,842.952	732	2,431	2,315	732

Daily Data (21 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
2014-09-02	$2.62	$2.50	48.5%	12.8%	46.6%	13.7%	44.4%	0.0%	-19.5%	16.3K	-374.3K	-668	0.00	96.23	N/A	N/A	36	0	2,302	13
2014-09-03	$2.76	$2.50	49.1%	16.2%	49.0%	14.1%	0.0%	0.0%	12.2%	12.3K	-489.3K	-604	0.00	41.65	N/A	N/A	0	0	2,338	13
2014-09-04	$2.80	$2.50	67.0%	17.6%	49.1%	27.7%	0.0%	0.0%	-24.7%	10.7K	-492.8K	-627	0.20	78.73	N/A	N/A	50	10	2,338	13
2014-09-05	$2.76	$2.50	59.9%	13.5%	49.2%	22.3%	0.0%	0.0%	0.7%	12.4K	-488.0K	-632	0.00	97.89	N/A	N/A	0	0	2,388	23
2014-09-08	$2.77	$2.50	66.2%	16.2%	45.5%	27.1%	0.0%	0.0%	10.1%	12.0K	-498.5K	-588	0.00	42.29	N/A	N/A	0	0	2,388	23
2014-09-09	$2.67	$2.50	103.5%	14.6%	47.8%	55.6%	0.0%	0.0%	-20.4%	10.8K	-401.4K	-667	0.00	72.86	N/A	N/A	0	0	2,388	23
2014-09-10	$2.65	$2.50	94.3%	15.4%	47.9%	48.5%	0.0%	0.0%	-10.3%	12.2K	-398.7K	-641	0.00	51.23	N/A	N/A	0	0	2,388	23
2014-09-11	$2.58	$2.50	54.3%	14.7%	48.1%	18.1%	0.0%	0.0%	-15.2%	12.9K	-356.9K	-626	0.00	99.09	N/A	N/A	0	0	2,388	23
2014-09-12	$2.58	$2.50	67.0%	13.5%	48.0%	27.8%	0.0%	0.0%	2.4%	12.9K	-352.9K	-625	0.00	99.23	N/A	N/A	0	0	2,388	23
2014-09-15	$2.50	$2.50	50.3%	16.0%	49.0%	15.1%	0.0%	0.0%	0.5%	13.7K	-305.4K	-559	0.00	68.38	N/A	N/A	0	0	2,388	23
2014-09-16	$2.57	$2.50	58.5%	14.3%	48.7%	21.3%	0.0%	0.0%	-8.6%	13.9K	-348.5K	-542	0.00	86.10	N/A	N/A	0	0	2,388	23
2014-09-17	$2.61	$2.50	54.4%	14.0%	46.9%	18.1%	55.5%	0.0%	0.6%	20.6K	-407.4K	-502	0.00	88.84	N/A	N/A	20	0	2,388	23
2014-09-18	$2.72	$2.50	39.2%	15.1%	49.2%	6.6%	0.0%	0.0%	6.0%	14.1K	-504.4K	-437	0.00	66.95	N/A	N/A	0	0	2,408	23
2014-09-19	$2.66	$2.50	55.0%	12.4%	46.6%	18.6%	0.0%	0.0%	-11.5%	3.9K	-545.3K	-369	0.00	85.56	N/A	N/A	0	0	2,408	23
2014-09-22	$2.57	$2.50	55.5%	14.9%	47.8%	19.0%	0.0%	0.0%	-21.2%	1.7K	-88.5K	-363	0.00	44.65	N/A	N/A	0	0	709	23
2014-09-23	$2.57	$2.50	52.5%	15.0%	47.5%	16.7%	0.0%	0.0%	-13.3%	1.7K	-82.3K	-363	0.00	43.14	N/A	N/A	0	0	709	23
2014-09-24	$2.58	$2.50	52.7%	15.1%	46.5%	16.8%	0.0%	0.0%	-12.2%	1.7K	-82.4K	-362	0.00	43.77	N/A	N/A	0	0	709	23
2014-09-25	$2.53	$2.50	44.6%	11.7%	47.1%	10.7%	0.0%	0.0%	31.3%	2.1K	-79.7K	-364	0.00	93.39	N/A	N/A	0	0	709	23
2014-09-26	$2.48	$2.50	61.8%	11.6%	47.8%	23.7%	45.5%	0.0%	-18.2%	1.9K	-74.1K	-355	0.00	113.80	N/A	N/A	10	0	709	23
2014-09-29	$2.49	$2.50	55.2%	12.1%	47.6%	18.8%	0.0%	0.0%	1.6%	2.0K	-73.6K	-353	0.00	113.53	N/A	N/A	0	0	709	23
2014-09-30	$2.44	$2.50	39.6%	15.2%	39.2%	6.9%	0.0%	0.0%	35.8%	1.6K	-76.2K	-348	0.00	77.53	N/A	N/A	0	0	709	23