AXTI Options History — January 2017

In January 2017, AXTI traded between $4.85 and $6.60. ATM implied volatility averaged 58.9%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 4.6% (HV 20d: 54.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.24.

Notable Days

2017-01-31: Highest Volume — 360 contracts
2017-01-13: Largest IV spike — 44.1% change
2017-01-09: Highest IV Rank — 40.2%
2017-01-11: Largest Expected Move — 20.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.73	$4.85	$6.60	$4.85	$5.78
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	58.9%	43.4%	84.9%	56.4%	55.0%
Expected Move	16.4%	12.4%	20.0%	16.2%	15.8%
HV 20d	54.3%	39.6%	67.4%	39.9%	66.7%
HV 60d	55.2%	50.3%	58.0%	50.3%	56.9%
IV Rank	24.4%	14.9%	40.2%	22.9%	22.0%
IV Percentile	33.3%	2.4%	72.6%	28.6%	24.6%
Term Structure	-5.1%	-36.0%	12.2%	6.7%	-11.0%
VWIV	53.8%	39.0%	67.5%	54.6%	56.5%
Bid-Ask Spread %	68.82	17.64	102.33	72.81	72.36
Gamma HHI	0.78	0.50	0.97	0.96	0.72
Net GEX	10.2K	2.3K	18.1K	11.9K	9.7K
Net DEX	-672.0K	-928.1K	-364.8K	-364.8K	-657.9K
Net VEX	-931	-1.1K	-373	-1.1K	-854
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.24	0.08	0.42	0.29	0.08
Total Volume	210.1	84	360	125	360
Total OI	1,760.4	1,689	1,886	1,711	1,743

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
2017-01-03	$4.85	$5.00	56.4%	16.2%	39.9%	22.9%	54.6%	0.0%	6.7%	11.9K	-364.8K	-1.1K	0.29	72.81	N/A	N/A	97	28	1,645	66
2017-01-04	$4.85	$5.00	60.8%	17.4%	39.9%	25.5%	61.5%	0.0%	-4.0%	12.0K	-368.7K	-1.1K	0.30	52.69	N/A	N/A	94	28	1,623	66
2017-01-05	$5.03	$5.00	61.6%	16.7%	41.5%	26.0%	58.9%	0.0%	0.9%	12.6K	-412.7K	-1.1K	0.26	43.13	N/A	N/A	107	28	1,632	66
2017-01-06	$5.00	$5.00	65.8%	17.0%	39.6%	28.6%	59.5%	0.0%	-5.1%	12.9K	-405.7K	-1.1K	0.23	36.71	N/A	N/A	107	25	1,654	66
2017-01-09	$5.45	$5.00	84.9%	19.9%	45.5%	40.2%	52.0%	0.0%	7.8%	11.0K	-578.5K	-1.1K	0.15	65.40	N/A	N/A	164	25	1,653	68
2017-01-10	$5.40	$5.00	64.7%	16.8%	44.4%	27.9%	53.7%	0.0%	2.1%	18.1K	-559.2K	-1.0K	0.15	87.23	N/A	N/A	165	25	1,657	68
2017-01-11	$5.83	$5.00	69.6%	20.0%	51.4%	30.9%	39.0%	0.0%	-11.6%	2.3K	-815.2K	-373	0.17	67.65	N/A	N/A	148	25	1,658	68
2017-01-12	$5.63	$5.00	47.2%	13.5%	52.3%	17.2%	49.2%	0.0%	6.0%	13.1K	-663.7K	-871	0.42	100.12	N/A	N/A	59	25	1,634	68
2017-01-13	$6.03	$5.00	68.0%	19.5%	55.3%	29.9%	58.7%	0.0%	6.5%	10.1K	-760.9K	-873	0.14	73.58	N/A	N/A	228	33	1,637	68
2017-01-17	$5.85	$5.00	43.6%	12.5%	56.5%	15.0%	46.5%	0.0%	6.0%	10.2K	-711.8K	-1.1K	0.23	99.94	N/A	N/A	229	53	1,734	68
2017-01-18	$5.81	$5.00	56.2%	16.1%	56.8%	22.7%	67.5%	0.0%	-36.0%	10.8K	-714.5K	-1.0K	0.24	95.30	N/A	N/A	223	53	1,736	88
2017-01-19	$5.83	$5.00	55.5%	15.9%	56.8%	22.3%	51.9%	0.0%	-17.3%	11.0K	-725.8K	-979	0.34	95.33	N/A	N/A	156	53	1,735	88
2017-01-20	$6.10	$5.00	43.4%	12.4%	58.2%	14.9%	45.4%	0.0%	12.2%	6.9K	-860.8K	-740	0.26	66.08	N/A	N/A	202	53	1,798	88
2017-01-23	$5.95	$5.00	59.6%	17.1%	59.5%	24.8%	51.0%	0.0%	-30.9%	10.8K	-733.0K	-1.1K	0.37	65.08	N/A	N/A	126	46	1,712	78
2017-01-24	$6.13	$5.00	59.0%	16.9%	59.9%	24.4%	58.6%	0.0%	-16.5%	9.8K	-786.1K	-935	0.24	17.64	N/A	N/A	194	46	1,704	78
2017-01-25	$6.60	$5.00	54.9%	15.8%	63.4%	22.0%	51.2%	0.0%	1.4%	7.7K	-928.1K	-737	0.25	47.65	N/A	N/A	184	46	1,707	78
2017-01-26	$6.35	$5.00	58.3%	16.7%	65.0%	24.0%	48.9%	0.0%	-3.9%	7.4K	-880.2K	-857	0.30	94.87	N/A	N/A	151	46	1,746	78
2017-01-27	$6.18	$5.00	49.8%	14.3%	66.4%	18.8%	48.6%	0.0%	-0.3%	6.7K	-801.2K	-776	0.22	20.51	N/A	N/A	206	46	1,721	78
2017-01-30	$5.95	$5.00	63.3%	18.1%	67.4%	27.1%	63.3%	0.0%	-14.2%	9.0K	-711.6K	-850	0.17	102.33	N/A	N/A	272	46	1,675	78
2017-01-31	$5.78	$5.00	55.0%	15.8%	66.7%	22.0%	56.5%	0.0%	-11.0%	9.7K	-657.9K	-854	0.08	72.36	N/A	N/A	332	28	1,665	78