AXTI Options History — March 2016

In March 2016, AXTI traded between $2.48 and $2.85. ATM implied volatility averaged 64.1%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 18.2% (HV 20d: 46.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 2.82.

Notable Days

2016-03-21: Highest Volume — 296 contracts
2016-03-16: Largest IV spike — 87.8% change
2016-03-01: Highest IV Rank — 35.9%
2016-03-01: Largest Expected Move — 28.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.61	$2.48	$2.85	$2.66	$2.50
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	64.1%	44.5%	98.0%	98.0%	61.9%
Expected Move	17.1%	12.8%	28.1%	28.1%	17.7%
HV 20d	46.0%	37.1%	51.6%	51.6%	42.9%
HV 60d	45.5%	45.0%	47.3%	45.2%	45.1%
IV Rank	14.0%	1.4%	35.9%	35.9%	12.6%
IV Percentile	29.8%	1.2%	79.8%	79.8%	28.2%
Term Structure	-9.0%	-67.8%	27.1%	-36.4%	-25.7%
VWIV	57.3%	41.0%	94.5%	50.8%	49.5%
Bid-Ask Spread %	98.62	44.01	128.03	125.42	44.01
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	236	-9	731	168	731
Net DEX	-18.2K	-42.4K	-3.9K	-11.2K	-32.6K
Net VEX	-117	-204	-70	-70	-192
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.82	0.42	4.89	3.50	0.42
Total Volume	171.545	89	296	90	296
Total OI	251.227	169	394	169	394

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
2016-03-01	$2.66	$0.00	98.0%	28.1%	51.6%	35.9%	0.0%	0.0%	-36.4%	168	-11.2K	-70	3.50	125.42	N/A	N/A	20	70	99	70
2016-03-02	$2.60	$0.00	52.0%	14.9%	50.5%	6.3%	0.0%	0.0%	-10.3%	116	-7.4K	-82	2.69	109.42	N/A	N/A	26	70	99	70
2016-03-03	$2.60	$2.50	64.8%	14.8%	37.1%	14.5%	50.8%	0.0%	27.1%	124	-7.1K	-80	2.73	56.22	N/A	N/A	26	71	105	70
2016-03-04	$2.51	$2.50	76.1%	15.7%	38.3%	21.7%	56.7%	0.0%	11.2%	112	-8.7K	-81	2.73	96.70	N/A	N/A	26	71	105	71
2016-03-07	$2.65	$2.50	97.8%	14.3%	43.7%	35.8%	48.4%	0.0%	-10.3%	142	-11.1K	-81	3.94	112.39	N/A	N/A	18	71	105	71
2016-03-08	$2.70	$2.50	61.2%	13.1%	44.1%	12.1%	0.0%	0.0%	3.9%	152	-13.6K	-77	3.94	92.61	N/A	N/A	18	71	105	71
2016-03-09	$2.85	$2.50	59.9%	17.2%	48.2%	11.3%	64.1%	0.0%	-3.2%	111	-16.8K	-75	4.89	80.83	N/A	N/A	18	88	105	71
2016-03-10	$2.73	$2.50	47.6%	13.6%	49.3%	3.4%	42.9%	0.0%	-8.3%	29	-12.8K	-81	4.89	108.04	N/A	N/A	18	88	105	89
2016-03-11	$2.70	$2.50	45.1%	12.9%	49.3%	1.8%	41.0%	0.0%	3.5%	15	-11.1K	-83	4.89	125.37	N/A	N/A	18	88	105	89
2016-03-14	$2.64	$2.50	57.0%	16.4%	49.2%	9.5%	46.1%	0.0%	-29.2%	39	-11.5K	-79	4.89	109.12	N/A	N/A	18	88	105	89
2016-03-15	$2.60	$2.50	44.5%	12.8%	48.8%	1.4%	44.7%	0.0%	12.2%	-9	-9.2K	-81	4.89	98.37	N/A	N/A	18	88	105	89
2016-03-16	$2.62	$2.50	83.5%	24.0%	48.9%	26.6%	83.9%	0.0%	-67.8%	119	-10.2K	-80	4.89	128.03	N/A	N/A	18	88	105	89
2016-03-17	$2.62	$2.50	49.6%	14.2%	48.8%	4.7%	49.7%	0.0%	-1.4%	17	-8.9K	-81	4.89	48.79	N/A	N/A	18	88	105	89
2016-03-18	$2.60	$2.50	51.0%	14.6%	48.7%	5.6%	51.1%	0.0%	1.3%	13	-7.9K	-81	4.89	49.74	N/A	N/A	18	88	105	89
2016-03-21	$2.56	$2.50	94.5%	27.1%	46.0%	33.6%	94.5%	0.0%	-42.0%	136	-3.9K	-76	0.42	121.21	N/A	N/A	208	88	105	89
2016-03-22	$2.52	$2.50	57.8%	16.6%	45.9%	9.9%	57.3%	0.0%	6.0%	586	-33.7K	-204	0.42	108.67	N/A	N/A	208	88	305	89
2016-03-23	$2.48	$2.50	55.0%	15.8%	44.8%	8.1%	55.0%	0.0%	-1.3%	582	-31.4K	-201	0.42	105.42	N/A	N/A	208	88	305	89
2016-03-24	$2.48	$2.50	56.2%	16.1%	42.7%	8.9%	56.2%	0.0%	-2.0%	558	-31.5K	-200	0.42	105.39	N/A	N/A	208	88	305	89
2016-03-28	$2.58	$2.50	82.1%	23.5%	44.5%	25.6%	88.9%	0.0%	-4.4%	311	-38.8K	-194	0.42	124.56	N/A	N/A	208	88	305	89
2016-03-29	$2.62	$2.50	59.5%	17.1%	44.8%	11.0%	59.3%	0.0%	-7.2%	481	-42.4K	-195	0.42	113.41	N/A	N/A	208	88	305	89
2016-03-30	$2.55	$2.50	55.8%	16.0%	43.1%	8.7%	48.5%	0.0%	-14.2%	650	-38.7K	-193	0.42	106.03	N/A	N/A	208	88	305	89
2016-03-31	$2.50	$2.50	61.9%	17.7%	42.9%	12.6%	49.5%	0.0%	-25.7%	731	-32.6K	-192	0.42	44.01	N/A	N/A	208	88	305	89