AXTI Options History — September 2016

In September 2016, AXTI traded between $4.15 and $5.21. ATM implied volatility averaged 65.5%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 28.1% (HV 20d: 37.4%). 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 8 of 21 days. Put/call ratio averaged 0.11.

Notable Days

2016-09-16: Highest Volume — 320 contracts
2016-09-02: Largest IV spike — 312.7% change
2016-09-13: Highest IV Rank — 69.9%
2016-09-12: Largest Expected Move — 34.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.64	$4.15	$5.21	$4.32	$5.21
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	65.5%	19.0%	143.8%	19.0%	66.2%
Expected Move	16.7%	12.3%	34.1%	22.5%	19.0%
HV 20d	37.4%	34.4%	42.5%	36.6%	39.0%
HV 60d	37.5%	33.9%	40.4%	39.4%	35.0%
IV Rank	26.3%	0.0%	69.9%	0.0%	28.6%
IV Percentile	33.5%	0.0%	94.0%	0.0%	41.3%
Term Structure	-2.6%	-71.0%	58.9%	-71.0%	-16.9%
VWIV	69.5%	48.7%	112.3%	78.1%	65.8%
Bid-Ask Spread %	108.06	23.32	184.61	184.61	107.98
Gamma HHI	0.75	0.46	0.93	0.70	0.91
Net GEX	1.7K	361	3.9K	361	3.7K
Net DEX	-79.3K	-161.9K	-35.7K	-35.7K	-161.9K
Net VEX	-195	-388	-86	-87	-374
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.11	0.04	0.14	0.10	0.11
Total Volume	143.571	105	320	146	133
Total OI	340.762	188	555	188	545

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
2016-09-01	$4.32	$2.50	19.0%	0.0%	36.6%	0.0%	0.0%	0.0%	-71.0%	361	-35.7K	-87	0.10	184.61	N/A	N/A	133	13	175	13
2016-09-02	$4.38	$2.50	78.5%	22.5%	36.6%	33.3%	78.1%	0.0%	-14.6%	446	-37.9K	-88	0.10	125.26	N/A	N/A	125	13	180	13
2016-09-06	$4.42	$2.50	70.1%	15.2%	34.6%	28.6%	0.0%	0.0%	-2.6%	484	-39.3K	-86	0.10	62.83	N/A	N/A	129	13	182	13
2016-09-07	$4.40	$2.50	78.1%	12.7%	34.4%	33.1%	105.7%	0.0%	-3.6%	630	-45.4K	-90	0.10	124.35	N/A	N/A	129	13	213	13
2016-09-08	$4.33	$2.50	50.4%	13.7%	34.8%	17.6%	0.0%	0.0%	6.6%	503	-43.2K	-95	0.10	143.85	N/A	N/A	129	13	213	13
2016-09-09	$4.19	$2.50	97.5%	17.0%	37.0%	44.0%	88.7%	0.0%	-9.1%	456	-40.7K	-95	0.11	71.44	N/A	N/A	122	13	213	13
2016-09-12	$4.15	$2.50	119.1%	34.1%	37.2%	56.0%	0.0%	0.0%	-53.5%	388	-40.6K	-103	0.11	167.38	N/A	N/A	122	13	214	13
2016-09-13	$4.25	$2.50	143.8%	13.1%	37.7%	69.9%	0.0%	0.0%	33.8%	393	-40.5K	-87	0.11	77.28	N/A	N/A	122	13	214	13
2016-09-14	$4.33	$2.50	52.3%	15.0%	37.5%	18.6%	68.3%	0.0%	17.9%	454	-42.3K	-94	0.11	66.60	N/A	N/A	122	13	214	13
2016-09-15	$4.49	$2.50	42.9%	12.3%	38.5%	13.4%	112.3%	0.0%	-0.1%	720	-47.7K	-88	0.10	135.36	N/A	N/A	131	13	214	13
2016-09-16	$4.76	$2.50	64.9%	18.6%	42.5%	25.7%	66.0%	0.0%	58.9%	420	-54.8K	-93	0.04	142.32	N/A	N/A	307	13	214	13
2016-09-19	$4.79	$2.50	49.9%	14.3%	41.4%	17.3%	62.6%	0.0%	-13.2%	2.1K	-90.5K	-232	0.10	159.19	N/A	N/A	134	13	367	13
2016-09-20	$4.77	$2.50	57.8%	16.6%	41.7%	21.8%	57.9%	0.0%	1.9%	2.2K	-92.5K	-255	0.13	23.32	N/A	N/A	100	13	384	13
2016-09-21	$5.00	$2.50	43.6%	12.5%	36.2%	13.8%	64.6%	0.0%	31.0%	2.2K	-105.2K	-243	0.11	165.16	N/A	N/A	120	13	404	13
2016-09-22	$5.00	$2.50	50.6%	14.5%	36.2%	17.7%	50.6%	0.0%	-0.6%	2.9K	-111.0K	-267	0.10	145.69	N/A	N/A	128	13	413	13
2016-09-23	$4.88	$2.50	58.9%	16.9%	37.3%	22.3%	58.8%	0.0%	-7.1%	2.7K	-110.5K	-282	0.07	126.22	N/A	N/A	176	13	438	13
2016-09-26	$4.86	$2.50	48.8%	14.0%	37.1%	16.7%	48.9%	0.0%	13.8%	3.4K	-122.4K	-356	0.14	51.50	N/A	N/A	92	13	508	13
2016-09-27	$4.87	$2.50	47.9%	13.7%	36.3%	16.2%	48.7%	0.0%	8.3%	3.6K	-129.0K	-362	0.12	73.27	N/A	N/A	113	13	517	13
2016-09-28	$5.00	$2.50	54.7%	15.7%	36.7%	20.0%	54.6%	0.0%	-2.6%	3.9K	-144.7K	-388	0.14	27.10	N/A	N/A	94	13	542	13
2016-09-29	$4.97	$2.50	80.0%	23.0%	36.3%	37.0%	80.1%	0.0%	-32.5%	3.3K	-130.0K	-335	0.14	88.61	N/A	N/A	94	13	532	13
2016-09-30	$5.21	$2.50	66.2%	19.0%	39.0%	28.6%	65.8%	0.0%	-16.9%	3.7K	-161.9K	-374	0.11	107.98	N/A	N/A	120	13	532	13