AXTI Options History — March 2017

In March 2017, AXTI traded between $5.18 and $7.40. ATM implied volatility averaged 57.9%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded below realized volatility by 28.2% (HV 20d: 86.1%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 1.14.

Notable Days

  • 2017-03-02: Highest Volume — 934 contracts
  • 2017-03-31: Largest IV drop — 36.1% change
  • 2017-03-14: Highest IV Rank — 37.7%
  • 2017-03-02: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.28$5.18$7.40$7.40$5.80
Max Pain$6.41$5.00$7.50$7.50$5.00
ATM IV57.9%42.5%80.7%57.4%42.5%
Expected Move15.8%12.2%19.4%16.5%12.2%
HV 20d86.1%68.6%101.2%74.8%89.0%
HV 60d70.6%62.2%79.4%62.5%79.3%
IV Rank23.8%14.4%37.7%23.5%14.4%
IV Percentile35.2%1.2%73.8%35.3%1.2%
Term Structure0.2%-29.7%17.3%-2.5%-5.3%
VWIV55.0%45.5%64.9%57.8%45.5%
Skew 25d11.3%-12.9%57.8%9.5%-2.6%
Skew 10d22.9%-9.2%79.3%15.1%-9.2%
Call IV 25d52.3%44.0%58.1%48.9%51.5%
Put IV 25d63.6%35.8%106.5%58.4%48.9%
Bid-Ask Spread %86.2223.92113.39106.9923.92
Gamma HHI0.760.570.940.910.66
Net GEX13.5K6.6K29.2K19.7K8.8K
Net DEX-433.8K-821.5K-161.8K-729.0K-323.6K
Net VEX-1.8K-2.0K-1.5K-1.8K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.057.520.050.38
Total Volume318.478111934678191
Total OI2,314.3481,6892,7061,8492,706

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$7.40$7.5057.4%16.5%74.8%23.5%57.8%9.5%-2.5%19.7K-729.0K-1.8K0.05106.99N/AN/A646321,694155
2017-03-02$6.88$7.5067.8%19.4%80.5%29.8%64.9%4.1%-15.7%13.3K-492.6K-1.5K0.0592.33N/AN/A890441,534155
2017-03-03$7.03$7.5052.7%15.1%80.6%20.6%60.3%3.7%17.3%17.5K-608.6K-1.8K0.11113.39N/AN/A384441,757157
2017-03-06$6.88$7.5064.3%16.5%81.3%27.7%57.4%-1.9%-1.3%16.9K-542.2K-1.7K0.1792.76N/AN/A262441,753167
2017-03-07$6.80$7.5049.1%16.3%80.1%18.4%57.5%1.1%-0.7%18.2K-539.2K-1.9K0.1796.27N/AN/A262441,953167
2017-03-08$6.80$7.5055.5%15.4%80.1%22.3%53.9%2.6%3.1%18.7K-532.6K-1.9K0.73101.13N/AN/A64471,953167
2017-03-09$6.90$7.5051.2%16.3%74.4%19.6%56.4%0.0%0.6%20.0K-585.8K-1.9K0.2094.42N/AN/A185371,953175
2017-03-10$6.73$7.5060.6%13.7%74.4%25.4%49.5%0.0%10.3%18.7K-537.9K-1.9K0.21106.09N/AN/A154322,053175
2017-03-13$6.80$7.5072.9%15.0%74.4%32.9%55.1%0.0%6.8%13.2K-530.9K-1.9K0.24103.16N/AN/A154372,066180
2017-03-14$6.85$7.5080.7%12.4%68.6%37.7%47.3%57.8%9.1%13.8K-541.8K-1.8K0.2495.70N/AN/A153372,066180
2017-03-15$7.35$7.5057.3%16.4%72.5%23.4%57.6%51.6%-0.6%29.2K-821.5K-2.0K0.1295.64N/AN/A300372,064180
2017-03-16$6.38$7.5052.5%15.1%88.4%20.5%59.8%0.0%-3.8%14.2K-484.3K-1.9K0.16104.45N/AN/A203332,320180
2017-03-17$5.60$7.5053.8%15.4%98.4%21.2%64.2%0.0%-29.7%9.7K-303.0K-1.5K0.20108.24N/AN/A253512,360189
2017-03-20$5.73$5.0058.8%16.9%98.7%24.3%56.8%14.1%-4.9%9.8K-307.0K-1.8K5.8889.01N/AN/A482822,016380
2017-03-21$5.60$5.0049.5%14.2%98.7%18.6%56.0%-12.9%-6.1%8.8K-254.4K-1.7K7.5286.82N/AN/A423162,022417
2017-03-22$5.18$5.0059.4%17.0%101.2%24.7%59.8%13.0%3.9%6.6K-161.8K-1.5K4.2187.74N/AN/A702952,032443
2017-03-23$5.68$5.0060.1%17.2%100.2%25.1%45.6%1.3%-6.2%9.0K-276.8K-1.8K2.3084.54N/AN/A1353102,064443
2017-03-24$5.58$5.0052.6%15.1%99.0%20.5%48.0%7.6%10.0%9.0K-280.9K-1.8K1.5837.73N/AN/A1772792,121445
2017-03-27$5.60$5.0059.5%17.1%92.5%24.7%52.8%11.4%8.7%8.9K-278.9K-1.8K0.2180.07N/AN/A164352,122449
2017-03-28$5.55$5.0051.9%14.9%92.4%20.1%49.7%5.3%12.3%8.4K-260.8K-1.7K0.4439.25N/AN/A130572,129452
2017-03-29$5.58$5.0055.6%15.9%90.3%22.4%52.6%9.7%9.7%8.3K-245.8K-1.7K0.3680.46N/AN/A160572,105476
2017-03-30$5.83$5.0066.5%19.1%89.7%29.0%57.2%27.8%-9.4%10.3K-337.9K-1.9K0.6362.92N/AN/A91572,179476
2017-03-31$5.80$5.0042.5%12.2%89.0%14.4%45.5%-2.6%-5.3%8.8K-323.6K-1.9K0.3823.92N/AN/A138532,230476