AXTI Options History — January 2020

In January 2020, AXTI traded between $3.90 and $4.90. ATM implied volatility averaged 63.1%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 14.5% (HV 20d: 48.6%). 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 14 of 21 days. Put/call ratio averaged 0.48.

Notable Days

2020-01-07: Highest Volume — 407 contracts
2020-01-13: Largest IV spike — 85.7% change
2020-01-13: Highest IV Rank — 100.0%
2020-01-17: Largest Expected Move — 19.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.41	$3.90	$4.90	$4.41	$3.90
Max Pain	$3.68	$2.50	$5.00	$5.00	$5.00
ATM IV	63.1%	37.0%	143.7%	37.0%	58.2%
Expected Move	15.6%	10.6%	19.8%	10.6%	16.7%
HV 20d	48.6%	38.3%	63.5%	38.5%	63.5%
HV 60d	45.7%	43.0%	50.2%	43.0%	50.2%
IV Rank	26.3%	2.4%	100.0%	2.4%	21.8%
IV Percentile	45.7%	2.0%	100.0%	2.0%	45.2%
Term Structure	7.2%	-24.9%	30.1%	24.6%	14.4%
VWIV	60.7%	31.6%	83.3%	60.3%	39.9%
Bid-Ask Spread %	77.68	56.50	120.29	63.61	65.93
Gamma HHI	0.76	0.65	0.93	0.90	0.78
Net GEX	1.8K	991	2.8K	991	1.6K
Net DEX	-62.0K	-156.4K	38.3K	-108.0K	38.3K
Net VEX	-687	-960	-471	-567	-471
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.48	0.00	7.31	0.22	0.03
Total Volume	56.571	0	407	79	36
Total OI	1,166.667	894	1,318	894	1,307

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2020-01-02	$4.41	$0.00	37.0%	10.6%	38.5%	2.4%	0.0%	0.0%	24.6%	991	-108.0K	-567	0.22	63.61	N/A	N/A	65	14	648	246
2020-01-03	$4.47	$0.00	41.3%	11.8%	38.3%	6.4%	0.0%	0.0%	20.0%	1.0K	-108.2K	-581	0.00	59.66	N/A	N/A	41	0	651	256
2020-01-06	$4.61	$5.00	38.2%	17.3%	38.5%	3.6%	60.3%	0.0%	-0.1%	1.1K	-128.1K	-620	0.95	79.66	N/A	N/A	44	42	668	256
2020-01-07	$4.49	$5.00	39.1%	16.9%	41.5%	4.3%	58.7%	0.0%	3.0%	1.2K	-119.3K	-613	7.31	87.52	N/A	N/A	49	358	685	256
2020-01-08	$4.31	$2.50	46.7%	13.1%	46.0%	11.3%	31.6%	0.0%	30.1%	1.2K	-37.6K	-650	0.08	86.53	N/A	N/A	12	1	712	399
2020-01-09	$4.26	$2.50	83.5%	16.1%	46.7%	45.1%	56.8%	0.0%	3.3%	1.3K	-28.3K	-623	0.00	88.61	N/A	N/A	22	0	722	402
2020-01-10	$4.26	$2.50	77.4%	15.4%	46.2%	39.5%	55.0%	0.0%	5.4%	1.4K	-29.7K	-634	0.00	89.31	N/A	N/A	5	0	734	402
2020-01-13	$4.26	$2.50	143.7%	11.7%	42.1%	100.0%	0.0%	0.0%	20.2%	1.4K	-18.9K	-582	0.00	120.29	N/A	N/A	0	0	739	402
2020-01-14	$4.33	$2.50	114.6%	13.5%	38.4%	73.4%	0.0%	0.0%	24.2%	1.4K	-39.6K	-658	0.00	105.64	N/A	N/A	33	0	739	402
2020-01-15	$4.29	$2.50	67.0%	19.2%	38.7%	29.9%	67.5%	0.0%	-7.9%	1.5K	-39.6K	-627	0.00	85.63	N/A	N/A	12	0	737	402
2020-01-16	$4.67	$2.50	60.2%	17.3%	45.9%	23.6%	60.1%	0.0%	-4.4%	1.9K	-77.2K	-718	0.00	83.46	N/A	N/A	143	0	748	402
2020-01-17	$4.90	$2.50	69.0%	19.8%	47.5%	31.7%	69.3%	0.0%	-11.3%	2.2K	-156.4K	-960	0.02	99.29	N/A	N/A	107	2	868	402
2020-01-21	$4.52	$2.50	60.2%	17.3%	57.3%	23.6%	60.4%	0.0%	24.2%	2.8K	-84.3K	-827	0.00	64.78	N/A	N/A	73	0	914	404
2020-01-22	$4.57	$2.50	57.7%	16.6%	55.6%	21.4%	83.3%	0.0%	0.8%	2.4K	-91.9K	-841	0.00	63.52	N/A	N/A	9	0	884	404
2020-01-23	$4.54	$5.00	60.7%	17.4%	55.6%	24.1%	76.7%	0.0%	-3.6%	2.4K	-88.9K	-831	0.00	58.98	N/A	N/A	15	0	885	404
2020-01-24	$4.51	$5.00	58.7%	16.8%	55.7%	22.2%	0.0%	0.0%	9.6%	2.5K	-73.4K	-789	0.00	71.61	N/A	N/A	19	0	870	404
2020-01-27	$4.36	$5.00	63.3%	18.1%	57.4%	26.5%	69.0%	0.0%	-5.2%	2.3K	-48.0K	-729	0.00	67.80	N/A	N/A	25	0	859	404
2020-01-28	$4.36	$5.00	51.0%	14.6%	57.3%	15.2%	0.0%	0.0%	-24.9%	2.4K	-41.3K	-710	0.00	57.97	N/A	N/A	0	50	859	404
2020-01-29	$4.40	$5.00	53.2%	15.3%	56.6%	17.3%	39.9%	0.0%	19.7%	2.4K	-28.0K	-749	0.00	56.50	N/A	N/A	11	0	859	454
2020-01-30	$4.29	$5.00	44.8%	12.8%	54.4%	9.6%	0.0%	0.0%	8.5%	2.3K	6.4K	-648	0.00	74.98	N/A	N/A	0	0	853	454
2020-01-31	$3.90	$5.00	58.2%	16.7%	63.5%	21.8%	0.0%	0.0%	14.4%	1.6K	38.3K	-471	0.03	65.93	N/A	N/A	35	1	853	454