AXTI Options History — May 2018

In May 2018, AXTI traded between $6.15 and $7.87. ATM implied volatility averaged 45.4%, placing in the 24.8% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 15.5% (HV 20d: 60.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2018-05-24: Highest Volume — 1,774 contracts
  • 2018-05-21: Largest IV spike — 32.0% change
  • 2018-05-31: Highest IV Rank — 49.6%
  • 2018-05-31: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.73$6.15$7.87$6.15$7.18
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV45.4%36.6%62.2%48.5%62.2%
Expected Move13.3%10.5%17.8%13.9%17.8%
HV 20d60.9%48.3%76.5%59.7%72.1%
HV 60d59.8%48.0%64.0%62.4%59.1%
IV Rank24.8%11.9%49.6%29.5%49.6%
IV Percentile26.3%5.2%76.6%31.3%76.6%
Term Structure16.7%-4.2%31.7%8.5%-4.2%
VWIV47.8%36.4%62.3%57.8%62.3%
Skew 25d2.3%-76.8%15.4%12.8%4.1%
Skew 10d2.0%-89.1%22.8%13.0%7.9%
Call IV 25d51.3%31.6%144.3%38.8%58.4%
Put IV 25d53.6%38.2%71.2%51.5%62.6%
Bid-Ask Spread %24.74-0.6548.976.1816.59
Gamma HHI0.280.240.370.280.37
Net GEX4.4K2.7K11.2K2.9K10.4K
Net DEX-434.1K-690.3K-263.3K-263.3K-544.5K
Net VEX-1.6K-3.5K-968-968-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.140.710.320.38
Total Volume703.7734571,774686815
Total OI3,470.9551,9603,9943,7223,690

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$6.15$5.0048.5%13.9%59.7%29.5%57.8%12.8%8.5%2.9K-263.3K-9680.326.18N/AN/A5191673,024698
2018-05-02$6.50$5.0036.6%10.5%63.1%11.9%36.4%4.2%11.3%3.3K-356.1K-1.1K0.348.77N/AN/A4921673,102698
2018-05-03$6.35$5.0044.3%11.0%62.9%23.1%60.1%10.1%29.9%3.3K-347.5K-1.2K0.3648.97N/AN/A4481633,106708
2018-05-04$6.58$5.0038.7%15.4%62.5%14.9%60.0%10.9%6.6%3.9K-453.5K-1.4K0.369.65N/AN/A4491633,242734
2018-05-07$6.45$5.0041.1%15.0%62.8%18.5%45.9%10.5%4.3%3.7K-432.4K-1.3K0.3611.69N/AN/A4541633,248734
2018-05-08$6.48$5.0040.2%11.4%62.5%17.1%39.7%11.7%31.7%3.5K-432.2K-1.3K0.3739.54N/AN/A4431633,248744
2018-05-09$6.45$5.0038.8%11.1%59.8%15.0%43.0%5.0%27.0%2.7K-414.1K-1.2K0.3746.74N/AN/A4431633,250744
2018-05-10$6.40$5.0038.6%11.1%59.3%14.8%39.8%3.9%25.4%2.7K-399.6K-1.1K0.3539.48N/AN/A4431533,250744
2018-05-11$6.35$5.0038.4%11.0%58.8%14.4%40.5%-76.8%29.4%2.7K-398.6K-1.2K0.2710.10N/AN/A4521213,252737
2018-05-14$6.63$5.0043.6%12.5%57.7%22.2%39.2%15.4%29.5%2.7K-431.8K-1.2K0.2639.62N/AN/A4851283,252738
2018-05-15$6.60$5.0042.9%12.3%54.4%21.1%45.0%8.4%28.7%2.8K-406.2K-1.2K0.3143.18N/AN/A4121283,214739
2018-05-16$6.73$5.0041.8%12.0%53.3%19.5%39.7%7.2%26.8%3.0K-405.3K-1.2K0.3341.56N/AN/A3931283,198739
2018-05-17$6.60$5.0037.3%10.7%51.7%12.8%37.8%2.6%26.9%2.8K-381.3K-1.2K0.3541.97N/AN/A3951373,199745
2018-05-18$6.45$5.0037.4%10.7%52.1%12.9%38.7%7.1%28.1%2.7K-360.4K-1.2K0.717.47N/AN/A3272333,198747
2018-05-21$6.53$5.0049.3%14.1%52.2%30.6%45.8%12.4%16.0%2.9K-317.4K-1.3K0.4943.61N/AN/A3061511,560400
2018-05-22$6.60$5.0038.4%11.0%51.5%14.5%39.7%6.4%23.9%2.9K-342.9K-1.3K0.5911.82N/AN/A2921711,599420
2018-05-23$6.60$5.0045.0%12.9%48.3%24.2%42.3%11.9%20.9%3.4K-344.3K-1.4K0.598.12N/AN/A2921711,634440
2018-05-24$7.87$5.0059.3%17.0%76.5%45.4%60.8%8.8%1.4%4.4K-590.3K-1.7K0.1440.17N/AN/A1,5502241,634440
2018-05-25$7.55$5.0056.7%16.3%73.3%41.5%57.4%-19.5%-1.0%7.9K-577.1K-2.3K0.16-0.65N/AN/A1,2311982,153575
2018-05-29$7.53$5.0059.9%17.2%73.3%46.2%60.6%-14.1%-1.1%11.2K-690.3K-3.3K0.4211.43N/AN/A5892462,662636
2018-05-30$7.40$5.0059.9%17.2%73.0%46.3%59.9%7.8%-2.5%11.0K-660.9K-3.4K0.3918.25N/AN/A6572582,816670
2018-05-31$7.18$5.0062.2%17.8%72.1%49.6%62.3%4.1%-4.2%10.4K-544.5K-3.5K0.3816.59N/AN/A5922232,898792