AXTI Options History — January 2016

In January 2016, AXTI traded between $2.37 and $2.61. ATM implied volatility averaged 76.0%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded above realized volatility by 35.5% (HV 20d: 40.5%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.41.

Notable Days

2016-01-05: Highest Volume — 1,326 contracts
2016-01-22: Largest IV spike — 63.2% change
2016-01-29: Highest IV Rank — 41.0%
2016-01-29: Largest Expected Move — 29.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.49	$2.37	$2.61	$2.61	$2.58
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	76.0%	45.7%	102.0%	84.1%	102.0%
Expected Move	19.7%	13.1%	29.2%	13.8%	29.2%
HV 20d	40.5%	31.6%	46.6%	43.8%	44.0%
HV 60d	37.8%	36.2%	39.4%	37.2%	39.4%
IV Rank	25.0%	6.3%	41.0%	30.0%	41.0%
IV Percentile	51.4%	2.8%	85.7%	65.9%	85.7%
Term Structure	-3.2%	-22.5%	39.2%	10.5%	-22.5%
VWIV	66.9%	32.1%	101.7%	40.8%	101.7%
Bid-Ask Spread %	99.55	51.24	131.26	70.82	121.60
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	7.7K	872	41.2K	8.6K	6.1K
Net DEX	-122.8K	-233.0K	9.7K	-230.6K	-219.3K
Net VEX	-278	-440	-130	-411	-429
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.41	0.06	1.56	0.06	0.06
Total Volume	1,005.053	115	1,326	1,325	1,307
Total OI	1,307.789	375	1,786	1,786	1,585

Daily Data (19 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
2016-01-04	$2.61	$2.50	84.1%	13.8%	43.8%	30.0%	40.8%	0.0%	10.5%	8.6K	-230.6K	-411	0.06	70.82	N/A	N/A	1,254	71	1,550	236
2016-01-05	$2.61	$2.50	80.6%	13.6%	43.8%	27.8%	43.7%	0.0%	10.2%	9.0K	-233.0K	-387	0.06	65.69	N/A	N/A	1,255	71	1,525	236
2016-01-06	$2.60	$2.50	77.3%	13.6%	43.8%	25.8%	46.3%	0.0%	6.6%	9.9K	-230.0K	-379	0.06	120.41	N/A	N/A	1,255	71	1,539	236
2016-01-07	$2.49	$2.50	77.2%	16.6%	46.6%	25.7%	57.8%	0.0%	0.5%	7.8K	-177.0K	-374	0.06	59.60	N/A	N/A	1,255	71	1,539	236
2016-01-08	$2.45	$2.50	76.5%	14.5%	39.8%	25.3%	54.7%	0.0%	0.8%	8.3K	-160.5K	-353	0.06	65.18	N/A	N/A	1,255	71	1,539	236
2016-01-11	$2.50	$2.50	83.9%	21.0%	40.7%	29.8%	73.6%	0.0%	-22.4%	11.4K	-172.8K	-313	0.06	111.77	N/A	N/A	1,255	71	1,539	236
2016-01-12	$2.47	$2.50	55.1%	20.1%	31.6%	12.1%	69.2%	0.0%	-2.3%	41.2K	-96.0K	-272	0.06	109.63	N/A	N/A	1,255	71	1,539	236
2016-01-13	$2.40	$2.50	45.7%	13.1%	33.0%	6.3%	47.0%	0.0%	5.0%	13.4K	-92.0K	-247	0.06	86.45	N/A	N/A	1,255	71	1,539	236
2016-01-14	$2.49	$2.50	50.5%	14.5%	34.3%	9.3%	53.7%	0.0%	-2.8%	10.3K	-162.6K	-231	0.06	63.14	N/A	N/A	1,255	71	1,539	236
2016-01-15	$2.39	$2.50	70.9%	20.3%	37.3%	21.9%	71.4%	0.0%	-7.2%	1.0K	9.7K	-154	0.06	117.63	N/A	N/A	1,255	71	1,539	236
2016-01-19	$2.37	$2.50	71.5%	20.5%	36.5%	22.2%	70.3%	0.0%	-3.9%	1.2K	-23.4K	-150	1.56	99.19	N/A	N/A	45	70	329	70
2016-01-20	$2.45	$2.50	66.4%	19.0%	38.7%	19.0%	60.7%	0.0%	-4.7%	1.6K	-25.7K	-148	1.56	112.93	N/A	N/A	45	70	329	70
2016-01-21	$2.44	$2.50	50.8%	14.6%	38.6%	9.4%	32.1%	0.0%	39.2%	1.2K	-31.9K	-153	1.56	51.24	N/A	N/A	45	70	329	70
2016-01-22	$2.54	$2.50	83.0%	23.8%	41.2%	29.3%	77.6%	0.0%	-7.6%	992	-36.4K	-146	1.13	131.26	N/A	N/A	62	70	329	70
2016-01-25	$2.44	$2.50	89.1%	25.6%	43.4%	33.1%	92.8%	0.0%	-11.8%	872	-27.7K	-130	1.13	125.86	N/A	N/A	62	70	305	70
2016-01-26	$2.45	$2.50	93.7%	26.9%	43.5%	35.9%	94.1%	0.0%	-19.6%	995	-28.5K	-141	0.06	126.24	N/A	N/A	1,237	70	305	70
2016-01-27	$2.51	$2.50	95.2%	27.3%	44.2%	36.8%	94.9%	0.0%	-17.1%	6.2K	-192.5K	-440	0.06	127.26	N/A	N/A	1,237	70	1,515	70
2016-01-28	$2.54	$2.50	91.2%	26.1%	44.4%	34.3%	89.5%	0.0%	-11.7%	6.6K	-202.1K	-432	0.06	125.48	N/A	N/A	1,237	70	1,515	70
2016-01-29	$2.58	$2.50	102.0%	29.2%	44.0%	41.0%	101.7%	0.0%	-22.5%	6.1K	-219.3K	-429	0.06	121.60	N/A	N/A	1,237	70	1,515	70