AXTI Options History — January 2015

In January 2015, AXTI traded between $2.70 and $2.90. ATM implied volatility averaged 75.9%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 47.1% (HV 20d: 28.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.22.

Notable Days

2015-01-08: Highest Volume — 125 contracts
2015-01-14: Largest IV drop — 66.2% change
2015-01-12: Highest IV Rank — 83.4%
2015-01-20: Largest Expected Move — 20.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.82	$2.70	$2.90	$2.83	$2.75
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	75.9%	46.8%	165.7%	68.6%	51.2%
Expected Move	16.4%	13.3%	20.3%	13.9%	14.7%
HV 20d	28.8%	24.8%	34.3%	34.3%	30.0%
HV 60d	33.9%	29.4%	36.8%	36.8%	29.4%
IV Rank	27.4%	9.2%	83.4%	22.8%	12.0%
IV Percentile	58.5%	14.3%	99.6%	69.0%	27.8%
Term Structure	-6.4%	-24.9%	31.2%	-23.8%	9.7%
VWIV	56.9%	44.6%	70.3%	44.6%	51.1%
Bid-Ask Spread %	70.48	21.34	105.81	47.21	21.34
Gamma HHI	0.94	0.91	1.00	1.00	0.95
Net GEX	2.7K	2.3K	3.6K	2.5K	3.4K
Net DEX	-124.8K	-138.8K	-112.4K	-122.6K	-122.2K
Net VEX	-186	-227	-138	-181	-144
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.22	0.00	0.51	0.51	0.23
Total Volume	71.65	0	125	62	112
Total OI	687.1	626	699	626	691

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
2015-01-02	$2.83	$2.50	68.6%	13.9%	34.3%	22.8%	44.6%	0.0%	-23.8%	2.5K	-122.6K	-181	0.51	47.21	N/A	N/A	41	21	602	24
2015-01-05	$2.82	$2.50	84.7%	14.5%	32.9%	32.9%	0.0%	0.0%	2.4%	2.5K	-120.9K	-188	0.00	75.03	N/A	N/A	73	0	602	24
2015-01-06	$2.85	$2.50	86.2%	13.3%	33.0%	33.8%	0.0%	0.0%	-7.9%	2.6K	-131.5K	-196	0.00	38.67	N/A	N/A	0	0	675	24
2015-01-07	$2.84	$2.50	82.0%	17.8%	28.4%	31.2%	0.0%	0.0%	-22.2%	2.4K	-122.5K	-215	0.00	75.80	N/A	N/A	0	0	675	24
2015-01-08	$2.90	$2.50	99.8%	15.3%	27.5%	42.3%	52.3%	0.0%	-12.4%	2.4K	-136.4K	-206	0.20	68.97	N/A	N/A	104	21	675	24
2015-01-09	$2.81	$2.50	104.0%	18.4%	27.8%	44.9%	63.4%	0.0%	-16.1%	2.4K	-119.0K	-227	0.20	75.80	N/A	N/A	104	21	671	24
2015-01-12	$2.80	$2.50	165.7%	19.2%	27.7%	83.4%	65.8%	0.0%	-24.9%	2.4K	-116.3K	-220	0.21	77.36	N/A	N/A	101	21	671	24
2015-01-13	$2.85	$2.50	144.0%	19.1%	27.4%	69.9%	66.5%	0.0%	-16.5%	2.3K	-123.7K	-206	0.21	104.08	N/A	N/A	101	21	673	24
2015-01-14	$2.81	$2.50	48.6%	13.9%	28.1%	10.4%	46.2%	0.0%	-6.9%	2.8K	-127.6K	-198	0.21	81.75	N/A	N/A	101	21	673	24
2015-01-15	$2.83	$2.50	52.8%	15.1%	27.5%	12.9%	52.2%	0.0%	-3.8%	2.7K	-128.5K	-192	0.21	105.81	N/A	N/A	101	21	673	24
2015-01-16	$2.86	$2.50	48.0%	13.8%	26.9%	10.0%	0.0%	0.0%	-14.2%	2.6K	-138.8K	-188	0.00	82.79	N/A	N/A	0	0	673	24
2015-01-20	$2.80	$2.50	70.9%	20.3%	28.3%	24.3%	0.0%	0.0%	-13.3%	2.4K	-119.2K	-216	0.00	82.88	N/A	N/A	0	0	667	24
2015-01-21	$2.84	$2.50	66.3%	19.0%	28.5%	21.4%	0.0%	0.0%	-12.5%	2.5K	-124.5K	-177	0.00	78.95	N/A	N/A	0	0	667	24
2015-01-22	$2.81	$2.50	68.5%	19.6%	28.9%	22.8%	70.3%	0.0%	-5.4%	2.5K	-119.7K	-183	0.23	86.82	N/A	N/A	91	21	667	24
2015-01-23	$2.80	$2.50	65.4%	18.8%	27.1%	20.9%	68.5%	0.0%	-3.6%	2.7K	-120.1K	-181	0.23	79.68	N/A	N/A	91	21	667	24
2015-01-26	$2.88	$2.50	65.8%	18.9%	24.8%	21.1%	0.0%	0.0%	-1.1%	2.5K	-136.2K	-160	0.00	78.55	N/A	N/A	0	0	667	22
2015-01-27	$2.77	$2.50	46.8%	13.4%	28.5%	9.2%	0.0%	0.0%	2.4%	3.3K	-127.4K	-141	0.00	42.09	N/A	N/A	0	0	667	22
2015-01-28	$2.70	$2.50	50.6%	14.5%	28.9%	11.6%	48.9%	0.0%	10.2%	3.6K	-112.4K	-166	0.23	39.49	N/A	N/A	91	21	667	24
2015-01-29	$2.77	$2.50	48.7%	14.0%	29.9%	10.4%	53.0%	0.0%	31.2%	3.3K	-127.0K	-138	0.23	66.46	N/A	N/A	91	21	667	24
2015-01-30	$2.75	$2.50	51.2%	14.7%	30.0%	12.0%	51.1%	0.0%	9.7%	3.4K	-122.2K	-144	0.23	21.34	N/A	N/A	91	21	667	24