AXTI Options History — March 2021

In March 2021, AXTI traded between $10.74 and $14.01. ATM implied volatility averaged 80.5%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 22.4%. IV traded below realized volatility by 29.0% (HV 20d: 109.5%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.23.

Notable Days

  • 2021-03-05: Highest Volume — 795 contracts
  • 2021-03-30: Largest IV spike — 47.9% change
  • 2021-03-08: Highest IV Rank — 63.6%
  • 2021-03-03: Largest Expected Move — 25.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.27$10.74$14.01$13.71$11.70
Max Pain$12.83$12.50$15.00$12.50$12.50
ATM IV80.5%51.0%117.5%89.1%62.0%
Expected Move22.4%14.6%25.9%25.5%17.8%
HV 20d109.5%86.8%129.1%114.3%89.9%
HV 60d90.7%87.9%93.7%87.9%91.9%
IV Rank37.6%6.7%63.6%46.6%15.5%
IV Percentile52.1%7.1%93.3%70.6%19.0%
Term Structure3.1%-15.9%38.3%-6.3%7.7%
VWIV77.7%59.9%93.3%82.0%66.3%
Skew 25d-9.0%-23.3%4.9%-3.7%-12.3%
Skew 10d-18.3%-46.9%14.7%-37.0%-2.9%
Call IV 25d80.1%60.3%90.7%86.0%62.9%
Put IV 25d71.1%41.6%87.6%82.3%50.6%
Bid-Ask Spread %78.7759.0399.8464.3777.98
Gamma HHI0.240.200.330.280.22
Net GEX35.6K25.4K55.6K35.3K32.8K
Net DEX-2.4M-3.6M-1.4M-3.0M-2.1M
Net VEX-7.9K-9.3K-6.4K-7.6K-8.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.001.350.070.00
Total Volume230.69642795182106
Total OI5,201.874,6146,0154,6145,152

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$13.71$12.5089.1%25.5%114.3%46.6%82.0%-3.7%-6.3%35.3K-3.0M-7.6K0.0764.37N/AN/A170123,934680
2021-03-02$13.26$12.5081.1%23.3%114.6%41.9%79.1%2.8%2.9%36.2K-2.7M-7.5K0.1776.44N/AN/A126224,038689
2021-03-03$12.84$12.5090.3%25.9%115.4%47.4%91.9%-9.1%-15.9%34.7K-2.5M-7.5K0.0774.37N/AN/A7654,102691
2021-03-04$11.60$15.0097.0%24.3%121.2%51.4%84.0%0.6%-2.5%27.2K-1.8M-6.6K0.2495.95N/AN/A262624,109686
2021-03-05$11.25$15.0094.0%25.4%120.8%49.6%83.8%2.8%-8.6%26.6K-1.5M-6.4K0.0495.79N/AN/A766294,127731
2021-03-08$10.74$15.00117.5%25.0%121.7%63.6%87.8%-11.6%-3.8%25.4K-1.4M-6.9K0.5176.69N/AN/A137704,561733
2021-03-09$11.58$12.5096.3%24.7%119.1%50.9%68.3%-7.6%1.5%31.9K-1.9M-7.7K0.1572.70N/AN/A5484,671705
2021-03-10$11.38$12.5088.9%25.5%118.0%46.6%90.1%-11.3%-0.7%30.3K-1.8M-7.4K0.0080.33N/AN/A11404,682708
2021-03-11$12.66$12.5081.8%23.4%124.1%42.3%84.0%-8.6%3.8%39.7K-2.6M-8.3K0.2459.03N/AN/A106254,680708
2021-03-12$13.78$12.5086.1%24.7%127.0%44.8%93.3%4.9%1.6%50.5K-3.4M-8.8K0.0471.63N/AN/A13154,695720
2021-03-15$14.01$12.5085.8%24.6%126.9%41.3%82.8%-16.3%1.5%55.6K-3.6M-8.5K0.0466.22N/AN/A465204,748713
2021-03-16$13.59$12.5089.6%25.7%127.5%43.7%85.3%-11.5%-8.4%51.1K-3.4M-9.2K0.1272.06N/AN/A344425,004710
2021-03-17$13.57$12.5085.0%24.4%127.5%41.7%84.0%-13.6%0.4%50.7K-3.4M-9.3K0.0470.27N/AN/A14565,163738
2021-03-18$12.74$12.5086.1%24.7%129.1%42.4%83.1%2.8%-1.1%40.3K-2.9M-9.0K1.3571.74N/AN/A52705,254742
2021-03-19$12.99$12.5076.2%21.8%91.8%36.0%73.3%-19.9%4.5%33.5K-3.1M-8.8K0.0577.79N/AN/A547265,240775
2021-03-22$13.15$12.5060.8%17.4%89.6%26.0%64.6%-16.4%13.5%36.5K-2.9M-8.9K0.2169.11N/AN/A317664,253424
2021-03-23$11.94$12.5068.8%19.7%93.9%31.2%68.5%-23.3%7.5%33.4K-2.2M-8.3K0.2087.29N/AN/A279554,305465
2021-03-24$11.32$12.5065.4%18.8%94.8%29.0%63.2%-18.7%8.0%31.9K-1.9M-7.9K0.0093.44N/AN/A18004,430511
2021-03-25$11.31$12.5071.1%20.4%89.1%32.7%64.6%-10.6%2.2%31.9K-1.8M-7.7K1.2581.86N/AN/A891114,452511
2021-03-26$11.22$12.5051.0%14.6%88.0%6.7%70.5%-6.0%38.3%28.9K-1.8M-7.7K0.0985.28N/AN/A7574,470612
2021-03-29$10.76$12.5051.5%14.8%86.8%7.1%59.9%-17.2%33.6%26.3K-1.6M-7.0K0.3099.84N/AN/A63194,532619
2021-03-30$11.09$12.5076.2%21.8%87.7%25.6%75.8%-3.3%-7.7%29.0K-1.8M-7.5K0.0891.48N/AN/A3934,545625
2021-03-31$11.70$12.5062.0%17.8%89.9%15.5%66.3%-12.3%7.7%32.8K-2.1M-8.0K0.0077.98N/AN/A10604,524628