AXTI Options History — April 2020

In April 2020, AXTI traded between $2.81 and $5.54. ATM implied volatility averaged 81.0%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 23.8%. IV traded below realized volatility by 15.4% (HV 20d: 96.4%). 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 10 of 21 days. Put/call ratio averaged 0.61.

Notable Days

2020-04-30: Highest Volume — 834 contracts
2020-04-09: Largest IV spike — 80.5% change
2020-04-01: Highest IV Rank — 95.1%
2020-04-01: Largest Expected Move — 48.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.83	$2.81	$5.54	$2.81	$5.54
Max Pain	$4.50	$2.50	$5.00	$5.00	$2.50
ATM IV	81.0%	48.0%	170.4%	170.4%	81.1%
Expected Move	23.8%	13.8%	48.8%	48.8%	23.3%
HV 20d	96.4%	60.8%	130.2%	129.6%	60.8%
HV 60d	89.4%	86.5%	92.5%	86.5%	91.9%
IV Rank	41.8%	22.2%	95.1%	95.1%	41.9%
IV Percentile	63.0%	23.4%	99.2%	99.2%	72.2%
Term Structure	-8.0%	-75.7%	36.3%	-17.7%	-17.5%
VWIV	68.0%	36.0%	157.9%	58.3%	83.9%
Bid-Ask Spread %	70.66	19.90	118.55	94.40	44.71
Gamma HHI	0.79	0.54	0.98	0.62	0.95
Net GEX	2.3K	21	6.6K	1.0K	5.0K
Net DEX	-71.9K	-318.3K	12.3K	-4.9K	-318.3K
Net VEX	-338	-714	-8	-238	-714
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.61	0.00	9.00	0.83	0.12
Total Volume	82.857	0	834	11	834
Total OI	864.762	694	942	832	850

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
2020-04-01	$2.81	$0.00	170.4%	48.8%	129.6%	95.1%	0.0%	0.0%	-17.7%	1.0K	-4.9K	-238	0.83	94.40	N/A	N/A	6	5	670	162
2020-04-02	$2.94	$5.00	68.4%	30.2%	130.2%	34.3%	0.0%	0.0%	1.4%	21	12.3K	-8	0.00	93.67	N/A	N/A	20	0	676	167
2020-04-03	$2.87	$5.00	108.4%	28.2%	129.1%	58.2%	0.0%	0.0%	-11.3%	1.0K	-3.8K	-240	0.00	66.46	N/A	N/A	0	0	696	167
2020-04-06	$3.06	$5.00	102.9%	29.5%	129.0%	54.9%	0.0%	0.0%	-7.6%	1.2K	-15.5K	-284	0.00	71.17	N/A	N/A	0	0	696	167
2020-04-07	$3.13	$5.00	71.2%	25.5%	129.2%	36.0%	0.0%	0.0%	5.5%	1.3K	-15.4K	-279	0.00	52.32	N/A	N/A	0	0	696	167
2020-04-08	$3.19	$5.00	57.4%	16.5%	128.0%	27.8%	58.3%	0.0%	36.3%	854	-13.4K	-224	0.00	93.50	N/A	N/A	1	0	696	167
2020-04-09	$3.58	$5.00	103.6%	29.7%	122.4%	55.3%	0.0%	0.0%	-48.1%	1.7K	-37.8K	-353	0.00	102.50	N/A	N/A	60	0	695	167
2020-04-13	$3.58	$5.00	97.2%	27.9%	115.9%	51.5%	54.8%	0.0%	-75.7%	1.8K	-30.5K	-314	0.25	40.62	N/A	N/A	40	10	717	167
2020-04-14	$3.67	$5.00	89.4%	25.6%	96.9%	46.8%	0.0%	0.0%	-45.5%	1.9K	-35.4K	-325	0.00	112.27	N/A	N/A	45	0	717	174
2020-04-15	$3.73	$5.00	113.8%	32.6%	96.8%	61.4%	157.9%	0.0%	-64.4%	2.0K	-49.4K	-380	0.00	47.11	N/A	N/A	2	0	717	174
2020-04-16	$3.59	$5.00	78.5%	22.5%	92.7%	40.3%	90.2%	0.0%	-9.7%	1.6K	-28.0K	-289	0.00	28.92	N/A	N/A	2	0	718	174
2020-04-17	$3.68	$5.00	71.7%	20.5%	81.1%	36.3%	86.5%	0.0%	-36.4%	1.6K	-31.4K	-290	0.00	99.05	N/A	N/A	28	0	719	174
2020-04-20	$3.73	$5.00	64.7%	18.5%	76.3%	32.1%	0.0%	0.0%	0.0%	1.5K	-42.7K	-287	0.00	26.66	N/A	N/A	8	0	746	174
2020-04-21	$3.74	$5.00	71.9%	20.6%	76.0%	36.4%	0.0%	0.0%	24.6%	835	-36.7K	-250	0.00	63.58	N/A	N/A	0	0	750	174
2020-04-22	$3.90	$5.00	51.1%	14.7%	68.4%	24.0%	64.1%	0.0%	23.5%	921	-43.0K	-266	9.00	19.90	N/A	N/A	1	9	750	174
2020-04-23	$4.11	$5.00	69.3%	19.9%	69.2%	34.9%	45.3%	0.0%	27.2%	2.8K	-68.4K	-361	0.00	70.04	N/A	N/A	12	0	750	183
2020-04-24	$4.29	$5.00	70.7%	20.3%	68.1%	35.7%	39.0%	0.0%	18.7%	3.2K	-75.2K	-352	0.00	118.55	N/A	N/A	138	0	759	183
2020-04-27	$4.78	$2.50	48.0%	13.8%	74.3%	22.2%	44.9%	0.0%	4.4%	6.6K	-175.3K	-451	0.00	112.64	N/A	N/A	65	0	654	40
2020-04-28	$5.16	$2.50	55.1%	15.8%	76.1%	26.4%	55.4%	0.0%	8.1%	6.2K	-226.5K	-470	0.00	56.66	N/A	N/A	379	1	659	40
2020-04-29	$5.27	$2.50	56.3%	16.1%	75.0%	27.1%	36.0%	0.0%	24.1%	5.3K	-271.4K	-714	0.19	69.04	N/A	N/A	62	12	795	39
2020-04-30	$5.54	$2.50	81.1%	23.3%	60.8%	41.9%	83.9%	0.0%	-17.5%	5.0K	-318.3K	-714	0.12	44.71	N/A	N/A	742	92	800	50