AXTI Options History — December 2018

In December 2018, AXTI traded between $4.08 and $5.56. ATM implied volatility averaged 56.5%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded below realized volatility by 1.7% (HV 20d: 58.2%). 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 10 of 20 days. Put/call ratio averaged 0.64.

Notable Days

  • 2018-12-07: Highest Volume — 330 contracts
  • 2018-12-12: Largest IV spike — 45.5% change
  • 2018-12-24: Highest IV Rank — 73.0%
  • 2018-12-24: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.52$4.08$5.56$5.56$4.32
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV56.5%38.0%80.5%41.3%38.0%
Expected Move16.7%10.9%23.1%11.8%10.9%
HV 20d58.2%46.7%66.2%51.2%52.7%
HV 60d64.8%61.3%66.6%61.3%66.0%
IV Rank39.2%13.3%73.0%17.8%13.3%
IV Percentile43.0%3.6%93.7%7.5%3.6%
Term Structure2.8%-40.2%29.2%21.3%29.2%
VWIV61.0%40.5%103.5%43.5%40.5%
Skew 25d11.4%-2.8%27.7%-2.8%12.4%
Skew 10d24.4%-7.8%67.0%-7.8%22.2%
Call IV 25d58.4%40.6%68.7%46.7%59.3%
Put IV 25d69.7%44.0%82.6%44.0%71.7%
Bid-Ask Spread %46.3614.5096.5367.4317.14
Gamma HHI0.490.460.600.600.53
Net GEX10.2K6.4K21.2K21.2K7.8K
Net DEX386.6K133.8K581.5K133.8K341.9K
Net VEX-2.8K-5.5K-1.6K-5.5K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.001.850.000.95
Total Volume156.25413308941
Total OI11,249.8510,76311,55511,55510,902

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$5.56$5.0041.3%11.8%51.2%17.8%43.5%-2.8%21.3%21.2K133.8K-5.5K0.0067.43N/AN/A8909,0742,481
2018-12-04$5.34$5.0049.3%14.1%51.3%29.0%66.1%27.7%-3.5%18.5K175.7K-5.5K0.5086.52N/AN/A175879,0532,481
2018-12-05$5.34$5.0068.6%19.7%51.0%56.2%103.5%24.8%-40.2%14.1K535.3K-3.5K0.5091.62N/AN/A175879,0532,481
2018-12-06$5.21$5.0059.3%17.6%51.5%43.2%61.3%-1.1%2.0%16.6K271.4K-4.8K1.8570.62N/AN/A20379,0182,409
2018-12-07$5.17$5.0055.5%18.4%51.1%37.8%64.3%16.1%-0.0%16.1K301.0K-4.7K0.6478.81N/AN/A2011299,0002,403
2018-12-10$4.57$5.0064.8%19.3%65.4%50.9%67.3%21.3%-2.2%10.4K538.1K-3.2K0.4971.71N/AN/A85429,0822,398
2018-12-11$4.49$5.0044.7%18.8%64.7%22.6%65.7%18.6%-1.1%9.9K536.4K-2.8K0.1317.91N/AN/A75109,1082,287
2018-12-12$4.27$5.0065.0%18.6%66.2%51.2%65.0%12.1%1.4%7.9K581.5K-2.3K0.4147.23N/AN/A144599,1302,287
2018-12-13$4.36$5.0065.0%18.6%66.2%51.2%65.0%16.8%1.4%8.4K437.1K-2.5K0.3422.70N/AN/A90319,1892,072
2018-12-14$4.28$5.0056.3%16.1%64.6%38.9%54.0%14.2%-2.5%8.3K467.9K-2.3K0.1826.69N/AN/A182329,1772,072
2018-12-17$4.20$5.0061.9%17.7%64.3%46.8%0.0%11.7%4.9%8.2K456.1K-2.2K0.1835.21N/AN/A131249,2962,074
2018-12-18$4.19$5.0057.9%16.6%63.2%41.1%0.0%8.2%-0.1%7.2K494.1K-1.9K0.1330.25N/AN/A191249,3152,044
2018-12-19$4.19$5.0063.2%18.1%63.4%48.6%0.0%5.4%-12.1%7.2K475.6K-1.9K0.4520.42N/AN/A62289,4442,043
2018-12-20$4.15$5.0063.4%18.2%63.1%48.9%0.0%8.3%3.5%7.5K320.6K-1.8K0.1170.56N/AN/A88109,4701,667
2018-12-21$4.09$5.0059.2%17.0%63.0%42.9%47.0%4.7%-3.9%6.9K324.8K-1.7K0.2914.50N/AN/A84249,5011,644
2018-12-24$4.08$5.0080.5%23.1%63.1%73.0%82.6%5.9%-14.9%6.4K339.4K-1.6K1.0729.17N/AN/A92989,2161,547
2018-12-26$4.08$5.0051.1%14.6%46.7%31.6%45.9%0.3%24.8%6.6K347.6K-1.7K1.5016.93N/AN/A64969,2281,605
2018-12-27$4.18$5.0044.6%12.8%48.9%22.5%42.4%11.2%22.8%7.0K334.0K-1.7K1.3315.34N/AN/A72969,2631,600
2018-12-28$4.35$5.0040.5%11.6%52.7%16.7%40.5%11.4%25.7%8.3K319.7K-1.8K1.7396.53N/AN/A55959,2831,600
2018-12-31$4.32$5.0038.0%10.9%52.7%13.3%0.0%12.4%29.2%7.8K341.9K-1.7K0.9517.14N/AN/A21209,3031,599