AXTI Options History — September 2020

In September 2020, AXTI traded between $4.93 and $6.12. ATM implied volatility averaged 87.0%, placing in the 45.4% IV rank vs the trailing year. The 30-day expected move averaged 25.4%. IV traded below realized volatility by 9.4% (HV 20d: 96.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.26.

Notable Days

  • 2020-09-16: Highest Volume — 3,125 contracts
  • 2020-09-29: Largest IV spike — 56.8% change
  • 2020-09-29: Highest IV Rank — 73.0%
  • 2020-09-29: Largest Expected Move — 38.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.34$4.93$6.12$6.07$6.12
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV87.0%76.0%133.3%93.7%76.0%
Expected Move25.4%21.8%38.2%26.9%21.8%
HV 20d96.3%73.1%110.0%91.7%97.5%
HV 60d73.2%70.0%83.1%70.3%82.5%
IV Rank45.4%38.8%73.0%49.4%38.8%
IV Percentile73.0%59.5%94.8%81.0%59.5%
Term Structure0.4%-28.5%41.7%41.7%37.9%
VWIV88.9%70.2%127.0%80.2%89.9%
Bid-Ask Spread %75.3922.48104.3068.6446.80
Gamma HHI0.580.470.820.540.82
Net GEX16.1K12.0K28.1K12.6K28.1K
Net DEX-766.9K-1.3M-422.3K-1.0M-1.3M
Net VEX-3.2K-4.8K-2.7K-2.7K-4.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.002.450.010.32
Total Volume466.381163,1258001,045
Total OI4,701.9523,3356,2923,3356,124

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$6.07$5.0093.7%26.9%91.7%49.4%80.2%0.0%41.7%12.6K-1.0M-2.7K0.0168.64N/AN/A79553,164171
2020-09-02$5.82$5.0084.9%24.3%93.4%44.1%70.2%0.0%-7.8%16.3K-975.0K-3.1K0.0022.48N/AN/A25113,442175
2020-09-03$5.23$5.0076.5%30.9%101.2%39.2%105.2%0.0%-26.4%16.4K-728.1K-2.9K0.0697.84N/AN/A340223,595175
2020-09-04$5.14$5.0079.2%23.6%101.2%40.7%80.3%0.0%5.6%16.5K-673.4K-2.9K0.6795.65N/AN/A3092063,653193
2020-09-08$5.05$5.0084.7%24.5%101.0%44.0%85.4%0.0%2.9%13.5K-598.9K-2.9K0.1683.72N/AN/A140223,697393
2020-09-09$5.11$5.0095.9%27.5%101.0%50.7%90.4%0.0%-4.5%13.2K-610.4K-2.8K0.0080.79N/AN/A13703,699400
2020-09-10$5.14$5.00105.2%30.2%100.8%56.2%104.7%0.0%-21.8%14.2K-635.1K-3.0K0.05100.42N/AN/A4423,775400
2020-09-11$4.93$5.0086.3%24.8%102.0%45.0%0.0%0.0%8.1%13.6K-557.0K-2.9K0.0087.47N/AN/A32203,804402
2020-09-14$4.99$5.0085.0%24.4%101.6%44.2%84.8%0.0%6.4%15.7K-605.3K-2.9K0.10104.30N/AN/A126134,118400
2020-09-15$5.31$5.0079.0%22.6%102.7%40.6%79.0%0.0%-0.4%17.1K-748.4K-3.1K0.11103.82N/AN/A1824,230412
2020-09-16$5.85$5.0078.8%22.6%107.7%40.5%108.1%0.0%12.1%15.2K-1.2M-3.5K0.0183.67N/AN/A3,097284,234411
2020-09-17$5.64$5.0097.0%27.8%108.8%51.4%101.0%0.0%4.7%20.8K-1.2M-4.0K0.1650.29N/AN/A313505,782396
2020-09-18$5.40$5.0082.0%23.5%110.0%42.4%84.6%0.0%2.3%19.3K-1.0M-3.5K0.1772.00N/AN/A250425,856436
2020-09-21$5.22$5.0083.4%23.9%105.5%43.3%78.0%0.0%3.3%17.1K-660.7K-3.2K0.2181.67N/AN/A144304,520204
2020-09-22$5.12$5.0085.7%24.6%102.4%44.6%85.4%0.0%-6.1%16.0K-587.9K-3.0K2.4577.11N/AN/A1022504,564231
2020-09-23$5.07$5.0081.9%23.5%73.7%42.3%80.7%0.0%0.5%13.1K-494.3K-3.1K0.0682.10N/AN/A9664,574481
2020-09-24$4.93$5.0077.1%22.1%73.2%39.5%77.0%0.0%6.5%12.3K-444.8K-2.9K0.5479.05N/AN/A1374,625486
2020-09-25$4.95$5.0076.1%21.8%73.1%38.9%76.7%0.0%0.3%12.0K-422.3K-2.8K0.0560.01N/AN/A12564,621493
2020-09-28$4.98$5.0085.0%24.4%73.2%44.2%0.0%0.0%-28.5%12.2K-431.2K-2.7K0.0776.59N/AN/A1514,698500
2020-09-29$6.03$5.00133.3%38.2%101.3%73.0%127.0%0.0%-28.1%22.2K-1.2M-4.4K0.2028.75N/AN/A1,1792404,707500
2020-09-30$6.12$5.0076.0%21.8%97.5%38.8%89.9%0.0%37.9%28.1K-1.3M-4.8K0.3246.80N/AN/A7922535,435689