AXTI Options History — May 2016

In May 2016, AXTI traded between $2.66 and $3.69. ATM implied volatility averaged 80.6%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 26.4% (HV 20d: 54.1%). 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 5 of 21 days. Put/call ratio averaged 0.28.

Notable Days

2016-05-31: Highest Volume — 361 contracts
2016-05-13: Largest IV spike — 58.9% change
2016-05-05: Highest IV Rank — 49.0%
2016-05-23: Largest Expected Move — 27.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.24	$2.66	$3.69	$2.66	$3.54
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	80.6%	51.1%	118.4%	85.4%	85.2%
Expected Move	20.7%	14.3%	27.2%	24.5%	24.4%
HV 20d	54.1%	29.6%	62.6%	29.6%	62.6%
HV 60d	44.5%	36.7%	47.3%	36.7%	47.0%
IV Rank	24.6%	5.6%	49.0%	27.7%	27.6%
IV Percentile	57.9%	10.7%	89.7%	67.9%	69.8%
Term Structure	-12.9%	-38.1%	37.4%	-1.7%	-22.0%
VWIV	73.1%	50.4%	108.4%	69.2%	108.4%
Bid-Ask Spread %	82.59	16.91	175.04	77.05	92.64
Gamma HHI	0.98	0.90	1.00	1.00	0.90
Net GEX	749	380	2.2K	2.2K	760
Net DEX	-102.5K	-130.0K	-61.3K	-61.3K	-121.3K
Net VEX	-109	-152	-38	-109	-125
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.28	0.02	1.97	1.97	0.02
Total Volume	118.952	71	361	113	361
Total OI	452.952	387	602	392	401

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
2016-05-02	$2.66	$2.50	85.4%	24.5%	29.6%	27.7%	0.0%	0.0%	-1.7%	2.2K	-61.3K	-109	1.97	77.05	N/A	N/A	38	75	317	75
2016-05-03	$3.01	$2.50	77.9%	22.3%	51.7%	22.9%	69.2%	0.0%	-34.9%	846	-81.1K	-111	0.32	61.62	N/A	N/A	85	27	317	75
2016-05-04	$3.00	$2.50	81.1%	23.3%	51.9%	25.0%	69.9%	0.0%	-32.5%	564	-72.9K	-143	0.34	74.15	N/A	N/A	79	27	359	80
2016-05-05	$3.17	$2.50	118.4%	17.8%	54.2%	49.0%	50.4%	0.0%	-12.5%	664	-85.5K	-125	0.31	96.17	N/A	N/A	54	17	369	80
2016-05-06	$3.14	$2.50	81.4%	14.9%	54.7%	25.2%	61.1%	0.0%	-14.7%	667	-83.1K	-133	0.28	70.90	N/A	N/A	60	17	384	80
2016-05-09	$3.14	$2.50	84.0%	14.3%	54.7%	26.8%	55.0%	0.0%	1.9%	723	-91.9K	-124	0.28	66.43	N/A	N/A	60	17	401	81
2016-05-10	$3.14	$2.50	106.4%	14.4%	54.6%	41.3%	55.8%	0.0%	1.6%	711	-93.7K	-107	0.28	66.57	N/A	N/A	60	17	406	81
2016-05-11	$3.14	$2.50	51.1%	14.6%	54.6%	5.6%	56.5%	0.0%	-4.0%	728	-96.5K	-107	0.28	67.86	N/A	N/A	60	17	406	81
2016-05-12	$3.15	$2.50	51.2%	14.7%	54.6%	5.7%	55.9%	0.0%	7.5%	730	-98.5K	-99	0.28	70.04	N/A	N/A	60	17	406	80
2016-05-13	$3.17	$2.50	81.4%	23.3%	54.0%	25.2%	79.8%	0.0%	37.4%	642	-104.4K	-60	0.28	103.41	N/A	N/A	60	17	406	80
2016-05-16	$3.29	$2.50	74.6%	21.4%	54.6%	20.8%	84.6%	0.0%	-20.5%	455	-110.9K	-45	0.28	71.86	N/A	N/A	60	17	406	80
2016-05-17	$3.31	$2.50	64.6%	18.5%	54.7%	14.3%	73.4%	0.0%	29.6%	497	-98.3K	-125	0.28	16.91	N/A	N/A	60	17	406	80
2016-05-18	$3.35	$2.50	78.3%	22.4%	53.7%	23.2%	87.9%	0.0%	-38.1%	380	-113.1K	-44	0.19	68.76	N/A	N/A	90	17	407	80
2016-05-19	$3.25	$2.50	70.5%	20.2%	55.0%	18.2%	85.5%	0.0%	-32.4%	726	-109.4K	-120	0.13	72.02	N/A	N/A	135	17	442	80
2016-05-20	$3.21	$2.50	74.6%	21.4%	55.6%	20.8%	83.6%	0.0%	-21.8%	983	-130.0K	-150	0.08	77.11	N/A	N/A	205	17	522	80
2016-05-23	$3.29	$2.50	94.7%	27.2%	54.4%	33.8%	86.0%	0.0%	-20.0%	932	-108.1K	-138	0.05	114.52	N/A	N/A	120	6	381	6
2016-05-24	$3.40	$2.50	72.8%	20.9%	54.9%	19.6%	79.2%	0.0%	-17.8%	434	-125.9K	-38	0.05	70.28	N/A	N/A	120	6	386	6
2016-05-25	$3.60	$2.50	92.8%	26.6%	57.1%	32.5%	108.4%	0.0%	-36.3%	688	-126.5K	-105	0.05	72.42	N/A	N/A	120	6	386	6
2016-05-26	$3.69	$2.50	80.1%	23.0%	56.8%	24.3%	0.0%	0.0%	-3.0%	647	-127.3K	-119	0.05	148.62	N/A	N/A	124	6	386	6
2016-05-27	$3.42	$2.50	85.0%	24.4%	62.4%	27.5%	0.0%	0.0%	-35.8%	805	-111.9K	-152	0.05	175.04	N/A	N/A	124	6	395	6
2016-05-31	$3.54	$2.50	85.2%	24.4%	62.6%	27.6%	0.0%	0.0%	-22.0%	760	-121.3K	-125	0.02	92.64	N/A	N/A	355	6	395	6