AXTI Options History — May 2022

In May 2022, AXTI traded between $5.14 and $6.17. ATM implied volatility averaged 70.5%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 22.8% (HV 20d: 47.6%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2022-05-16: Highest Volume — 840 contracts
  • 2022-05-09: Largest IV spike — 75.9% change
  • 2022-05-09: Highest IV Rank — 45.2%
  • 2022-05-11: Largest Expected Move — 30.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.51$5.14$6.17$5.84$5.86
Max Pain$5.36$5.00$7.50$7.50$5.00
ATM IV70.5%53.2%117.1%57.6%68.5%
Expected Move19.0%15.6%30.9%16.5%19.6%
HV 20d47.6%39.4%53.9%39.4%53.9%
HV 60d52.1%49.5%54.1%53.2%49.9%
IV Rank17.5%7.2%45.2%9.8%16.3%
IV Percentile48.7%9.9%99.6%18.7%56.3%
Term Structure-2.5%-32.5%18.8%-24.6%-0.9%
VWIV69.4%50.4%101.7%89.8%54.0%
Skew 25d22.2%-40.8%73.4%-23.6%29.7%
Skew 10d64.2%-41.5%139.1%-41.5%33.2%
Call IV 25d83.0%46.5%172.8%89.9%125.7%
Put IV 25d105.2%50.5%240.8%66.3%155.5%
Bid-Ask Spread %90.7659.02112.0688.8359.02
Gamma HHI0.350.290.510.340.34
Net GEX1.6K6483.3K1.7K1.2K
Net DEX-21.3K-69.5K48.7K-6.6K-30.7K
Net VEX-1.5K-2.0K-953-1.7K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.161.051.050.26
Total Volume496.19199840199444
Total OI2,510.9521,6062,9542,8231,622

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$5.84$7.5057.6%16.5%39.4%9.8%89.8%-23.6%-24.6%1.7K-6.6K-1.7K1.0588.83N/AN/A971022,369454
2022-05-03$6.04$7.5054.3%15.6%40.1%7.8%74.5%-29.5%8.6%2.3K-49.8K-2.0K1.0177.66N/AN/A1021032,371454
2022-05-04$6.17$7.5060.8%17.4%39.8%11.7%100.3%-31.7%-32.5%3.3K-69.5K-2.0K0.8883.99N/AN/A1171032,366456
2022-05-05$5.81$5.0053.2%17.6%44.1%7.2%65.6%-5.7%18.4%1.8K-58.0K-1.8K0.87100.81N/AN/A1181032,389418
2022-05-06$5.70$5.0066.6%18.2%44.2%15.1%75.0%-40.8%12.7%2.5K-35.9K-1.6K0.88101.61N/AN/A1171032,389418
2022-05-09$5.56$5.00117.1%16.7%43.9%45.2%55.7%65.5%-12.7%1.7K-33.4K-1.7K0.26102.53N/AN/A3941032,390418
2022-05-10$5.43$5.00109.7%21.5%44.1%40.8%101.7%-33.1%-22.0%2.0K-26.4K-1.6K0.27101.64N/AN/A3891042,387421
2022-05-11$5.32$5.00107.8%30.9%41.9%39.7%93.2%56.7%-25.3%1.1K-4.8K-1.4K0.23106.70N/AN/A4541042,388422
2022-05-12$5.16$5.0064.4%18.5%42.2%13.8%60.7%73.4%18.8%1.3K-21.5K-1.5K0.1793.28N/AN/A7031182,458406
2022-05-13$5.52$5.0069.9%20.1%50.5%17.1%59.0%29.8%-5.1%1.8K-16.1K-1.5K0.16112.06N/AN/A7211182,503432
2022-05-16$5.33$5.0065.8%18.9%51.1%14.7%56.3%49.3%-3.5%1.2K-37.8K-1.6K0.1685.19N/AN/A7221182,520432
2022-05-17$5.48$5.0063.9%18.3%52.3%13.6%50.4%47.8%17.8%1.9K-34.6K-1.6K0.16109.60N/AN/A6751102,520432
2022-05-18$5.29$5.0056.9%16.3%53.1%9.4%53.3%17.6%11.6%1.8K-5.1K-1.4K0.2476.66N/AN/A4541092,524430
2022-05-19$5.28$5.0066.8%19.2%51.9%15.3%79.3%13.1%-18.6%2.1K-36.5K-1.4K0.2499.50N/AN/A4501092,524401
2022-05-20$5.17$5.0066.1%19.0%52.0%14.9%65.0%42.6%13.0%1.1K-35.6K-1.4K0.2582.76N/AN/A4811182,524401
2022-05-23$5.14$5.0062.9%18.0%52.0%13.0%62.7%43.1%1.6%97220.7K-1.2K0.2777.08N/AN/A3941081,239375
2022-05-24$5.16$5.0066.5%19.1%49.3%15.1%61.9%37.9%8.6%64848.7K-9530.2782.74N/AN/A3981081,256375
2022-05-25$5.24$5.0066.1%18.9%49.8%14.8%66.4%30.7%1.9%93533.2K-1.1K0.2678.87N/AN/A376981,246375
2022-05-26$5.50$5.0070.6%20.2%50.8%17.5%71.7%26.4%-6.0%1.2K4.6K-1.3K0.2698.12N/AN/A347911,241365
2022-05-27$5.80$5.0064.6%18.5%53.8%14.0%60.5%68.0%-13.5%1.5K-52.7K-1.6K0.2687.40N/AN/A346911,251368
2022-05-31$5.86$5.0068.5%19.6%53.9%16.3%54.0%29.7%-0.9%1.2K-30.7K-1.4K0.2659.02N/AN/A353911,254368