AXTI Options History — March 2018

In March 2018, AXTI traded between $7.13 and $8.20. ATM implied volatility averaged 61.3%, placing in the 48.3% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded below realized volatility by 11.1% (HV 20d: 72.4%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2018-03-08: Highest Volume — 1,313 contracts
  • 2018-03-28: Largest IV spike — 36.2% change
  • 2018-03-28: Highest IV Rank — 62.6%
  • 2018-03-28: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.65$7.13$8.20$7.18$7.25
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV61.3%49.6%71.0%61.4%67.7%
Expected Move16.9%14.2%20.3%17.6%19.4%
HV 20d72.4%41.0%85.3%81.2%41.0%
HV 60d56.8%55.8%59.8%59.8%57.3%
IV Rank48.3%30.9%62.6%48.4%57.8%
IV Percentile73.1%34.5%91.3%79.0%85.3%
Term Structure5.4%-1.0%14.6%-1.0%0.8%
VWIV57.2%49.7%70.2%62.5%67.0%
Skew 25d15.2%-9.7%53.7%-9.7%-0.6%
Skew 10d20.1%-20.8%76.9%-20.8%-0.3%
Call IV 25d48.0%34.3%71.4%71.4%65.4%
Put IV 25d63.2%50.7%105.6%61.7%64.8%
Bid-Ask Spread %59.8315.58103.9358.1349.51
Gamma HHI0.400.360.520.360.38
Net GEX6.6K-1.7K12.9K4.4K-6
Net DEX-332.6K-621.3K39.0K-185.1K-23.3K
Net VEX-2.8K-3.2K-2.5K-2.9K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.141.370.180.17
Total Volume959.4766201,3131,034693
Total OI3,4592,9453,6033,5923,516

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$7.18$7.5061.4%17.6%81.2%48.4%62.5%-9.7%-1.0%4.4K-185.1K-2.9K0.1858.13N/AN/A8791552,640952
2018-03-02$7.30$7.5056.9%16.3%81.6%41.8%57.5%-8.4%-0.5%4.4K-221.3K-2.9K0.1981.36N/AN/A8311572,651952
2018-03-05$7.25$7.5070.2%16.7%81.6%61.5%53.4%6.5%6.3%5.0K-217.4K-2.8K0.1840.68N/AN/A8921572,654945
2018-03-06$7.63$7.5064.3%16.3%83.6%52.8%49.7%32.0%6.7%5.3K-319.5K-3.0K0.1715.58N/AN/A9391572,590945
2018-03-07$8.00$7.5057.5%17.7%85.3%42.7%51.7%33.6%4.5%10.7K-549.0K-3.1K0.1461.05N/AN/A1,1101572,592945
2018-03-08$8.00$7.5061.6%17.0%85.3%48.8%56.6%17.0%2.8%8.2K-524.2K-3.2K0.1843.61N/AN/A1,1161972,586945
2018-03-09$8.10$7.5068.1%15.8%84.1%58.3%53.1%23.4%10.6%11.8K-582.4K-3.1K0.2292.26N/AN/A8251822,583946
2018-03-12$8.13$7.5070.9%16.2%83.6%62.5%55.5%20.5%6.7%12.1K-588.0K-3.1K0.1736.89N/AN/A1,0131772,552942
2018-03-13$8.20$7.5064.7%17.6%83.0%53.3%60.2%29.7%1.9%10.6K-621.3K-3.1K0.1773.74N/AN/A1,0381772,627941
2018-03-14$7.95$7.5058.6%16.8%83.7%44.3%57.5%20.7%6.2%7.6K-557.5K-3.0K0.2516.64N/AN/A9102262,630941
2018-03-15$8.00$7.5059.3%17.0%83.0%45.3%58.5%17.5%7.8%9.4K-572.1K-3.0K0.1837.31N/AN/A8871582,634891
2018-03-16$7.95$7.5056.4%16.2%82.9%41.1%54.1%18.0%9.6%12.5K-555.6K-2.9K0.2058.23N/AN/A7951582,633893
2018-03-19$7.60$7.5061.3%17.6%84.3%48.4%60.4%18.5%4.8%11.3K-372.8K-2.6K0.2994.34N/AN/A4941452,302643
2018-03-20$7.70$7.5058.8%16.9%84.2%44.6%57.4%10.8%9.6%11.8K-394.8K-2.7K0.2958.21N/AN/A4941452,322643
2018-03-21$7.83$7.5049.6%14.2%84.4%30.9%49.8%17.8%14.6%12.9K-432.2K-2.6K1.3688.01N/AN/A4946742,332643
2018-03-22$7.55$7.5057.2%16.4%49.3%42.2%57.2%14.6%4.0%1.0K-154.1K-2.8K1.37103.93N/AN/A4936772,3321,188
2018-03-23$7.28$7.5059.9%17.2%45.3%46.2%59.1%-0.4%1.1%137-35.5K-2.6K0.2657.92N/AN/A4921282,3251,186
2018-03-26$7.38$7.5059.2%17.0%44.8%45.2%58.7%1.7%6.1%163-104.6K-2.7K0.2855.26N/AN/A4921402,3351,196
2018-03-27$7.23$7.5052.1%14.9%45.2%34.7%52.1%53.7%12.1%-1.7K39.0K-2.5K0.2785.90N/AN/A5251432,3351,196
2018-03-28$7.13$7.5071.0%20.3%43.3%62.6%70.2%2.0%-0.6%397-12.7K-2.5K0.2047.93N/AN/A5241032,3391,196
2018-03-29$7.25$7.5067.7%19.4%41.0%57.8%67.0%-0.6%0.8%-6-23.3K-2.5K0.1749.51N/AN/A5901032,3401,176