AXTI Options History — March 2019

In March 2019, AXTI traded between $4.16 and $4.56. ATM implied volatility averaged 54.7%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 1.5% (HV 20d: 53.2%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.15.

Notable Days

  • 2019-03-29: Highest Volume — 236 contracts
  • 2019-03-12: Largest IV drop — 47.2% change
  • 2019-03-11: Highest IV Rank — 77.0%
  • 2019-03-07: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.40$4.16$4.56$4.32$4.46
Max Pain$4.29$2.50$5.00$2.50$5.00
ATM IV54.7%41.7%84.3%43.1%53.5%
Expected Move18.3%12.4%22.4%12.4%16.5%
HV 20d53.2%38.0%60.2%54.4%38.0%
HV 60d56.5%54.5%60.2%60.2%55.4%
IV Rank32.5%12.9%77.0%15.1%30.6%
IV Percentile37.1%9.5%94.8%12.7%31.0%
Term Structure21.4%5.2%38.7%23.7%29.7%
VWIV65.9%60.7%69.6%65.1%62.9%
Skew 25d6.6%-4.2%12.4%12.2%5.0%
Skew 10d13.6%1.5%24.1%24.1%11.0%
Call IV 25d61.2%56.9%66.5%59.1%62.6%
Put IV 25d67.8%57.3%73.5%71.3%67.6%
Bid-Ask Spread %27.128.9891.0390.4538.38
Gamma HHI0.610.550.730.580.73
Net GEX4.0K3.0K4.8K4.2K4.4K
Net DEX-160.7K-193.4K-122.2K-171.5K-144.6K
Net VEX-1.2K-1.3K-1.0K-1.2K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.000.530.130.38
Total Volume91.857223653236
Total OI2,428.1432,3672,5042,4412,421

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$4.32$2.5043.1%12.4%54.4%15.1%0.0%12.2%23.7%4.2K-171.5K-1.2K0.1390.45N/AN/A4762,015426
2019-03-04$4.40$2.5053.1%15.2%54.6%30.2%0.0%9.8%29.5%4.8K-179.7K-1.2K0.0016.94N/AN/A1502,003429
2019-03-05$4.30$2.5049.8%14.3%55.4%25.1%0.0%9.0%26.5%3.5K-146.3K-1.1K0.0020.12N/AN/A2201,993429
2019-03-06$4.26$2.5055.8%16.0%55.4%34.1%0.0%2.9%27.8%3.4K-147.1K-1.1K0.1815.78N/AN/A55101,994429
2019-03-07$4.18$2.5078.0%22.4%55.8%67.4%0.0%-3.3%29.1%3.0K-122.4K-1.1K0.2028.30N/AN/A56111,958439
2019-03-08$4.16$2.5076.0%21.8%54.8%64.4%0.0%-4.2%29.8%3.0K-122.2K-1.0K0.2191.03N/AN/A53111,958439
2019-03-11$4.27$5.0084.3%18.1%55.4%77.0%0.0%6.6%28.3%3.2K-133.4K-1.1K0.0012.21N/AN/A201,959439
2019-03-12$4.49$5.0044.5%18.9%57.9%17.2%65.1%7.9%32.5%3.8K-183.0K-1.2K0.1819.97N/AN/A138251,959439
2019-03-13$4.56$5.0041.7%18.2%56.8%12.9%63.1%7.0%32.1%4.2K-193.4K-1.3K0.0347.10N/AN/A13042,031464
2019-03-14$4.38$5.0044.5%18.7%59.0%17.3%63.6%5.7%21.0%4.0K-164.3K-1.2K0.0418.41N/AN/A11042,031468
2019-03-15$4.56$5.0055.2%18.3%60.2%33.3%60.7%8.1%31.5%3.8K-177.6K-1.2K0.0320.45N/AN/A12442,036468
2019-03-18$4.43$5.0042.0%18.9%59.9%13.4%66.2%6.7%38.7%4.0K-165.4K-1.2K0.0017.92N/AN/A6401,902465
2019-03-19$4.52$5.0054.2%18.5%60.2%31.7%64.6%9.3%10.8%4.4K-178.9K-1.2K0.0520.29N/AN/A6131,927465
2019-03-20$4.52$5.0044.9%18.3%60.0%17.8%63.7%12.4%11.7%4.7K-174.0K-1.2K0.1718.35N/AN/A78131,953464
2019-03-21$4.46$5.0048.3%19.5%49.8%22.9%67.7%9.0%11.6%4.4K-175.7K-1.2K0.1712.43N/AN/A76131,961464
2019-03-22$4.37$5.0051.8%19.7%49.8%28.1%69.2%5.1%8.5%4.1K-153.9K-1.2K0.5318.22N/AN/A62331,971464
2019-03-25$4.44$5.0061.7%19.4%48.1%43.0%67.9%6.8%5.4%4.3K-158.1K-1.2K0.0015.11N/AN/A1301,965464
2019-03-26$4.43$5.0050.3%20.0%48.1%25.9%69.6%8.1%9.8%4.6K-167.9K-1.2K0.008.98N/AN/A701,974464
2019-03-27$4.44$5.0054.5%19.8%44.4%32.1%69.2%7.0%5.7%4.3K-164.2K-1.2K0.4217.63N/AN/A155651,979464
2019-03-28$4.36$5.0062.0%19.6%39.0%43.5%68.5%6.6%5.2%4.2K-150.4K-1.1K0.4121.38N/AN/A158651,969449
2019-03-29$4.46$5.0053.5%16.5%38.0%30.6%62.9%5.0%29.7%4.4K-144.6K-1.1K0.3838.38N/AN/A171651,972449