AXTI Options History — January 2023

In January 2023, AXTI traded between $4.37 and $5.88. ATM implied volatility averaged 61.1%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 19.7% (HV 20d: 41.4%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.87.

Notable Days

2023-01-06: Highest Volume — 140 contracts
2023-01-27: Largest IV spike — 56.1% change
2023-01-31: Highest IV Rank — 24.3%
2023-01-31: Largest Expected Move — 22.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.26	$4.37	$5.88	$4.37	$5.88
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	61.1%	40.8%	78.6%	41.9%	78.6%
Expected Move	18.4%	11.7%	22.5%	12.0%	22.5%
HV 20d	41.4%	31.3%	51.7%	43.0%	31.3%
HV 60d	43.8%	42.5%	48.2%	48.2%	42.8%
IV Rank	14.1%	2.4%	24.3%	3.0%	24.3%
IV Percentile	36.9%	1.2%	81.7%	1.6%	81.7%
Term Structure	2.3%	-35.0%	42.0%	38.0%	14.3%
VWIV	69.2%	33.6%	157.0%	39.6%	51.3%
Skew 25d	10.6%	-54.5%	60.9%	-20.3%	60.9%
Skew 10d	20.8%	-52.8%	69.0%	-40.9%	69.0%
Call IV 25d	65.6%	38.8%	165.7%	93.8%	43.8%
Put IV 25d	76.2%	47.2%	111.3%	73.5%	104.7%
Bid-Ask Spread %	45.08	14.51	80.17	14.51	63.23
Gamma HHI	0.48	0.40	0.69	0.59	0.50
Net GEX	827	-2.1K	2.0K	-607	2.0K
Net DEX	-60.4K	-112.2K	69.2K	69.2K	-103.9K
Net VEX	-525	-581	-389	-389	-547
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.00	8.00	8.00	0.20
Total Volume	34.85	1	140	45	24
Total OI	933.4	791	1,097	978	835

Daily Data (20 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
2023-01-03	$4.37	$5.00	41.9%	12.0%	43.0%	3.0%	39.6%	-20.3%	38.0%	-607	69.2K	-389	8.00	14.51	N/A	N/A	5	40	639	339
2023-01-04	$4.54	$5.00	40.8%	11.7%	45.5%	2.4%	33.6%	-8.2%	42.0%	-1.3K	46.5K	-492	0.00	58.37	N/A	N/A	7	0	643	339
2023-01-05	$4.54	$5.00	42.1%	18.5%	45.5%	3.2%	64.6%	8.3%	6.5%	-1.4K	53.0K	-463	0.00	17.60	N/A	N/A	1	0	649	339
2023-01-06	$4.83	$5.00	55.7%	21.5%	51.0%	11.0%	74.9%	-3.5%	-5.7%	-2.1K	22.0K	-533	0.00	69.64	N/A	N/A	140	0	648	339
2023-01-09	$4.92	$5.00	65.0%	20.6%	51.2%	16.4%	71.7%	17.9%	-16.8%	-304	-21.0K	-581	6.73	15.14	N/A	N/A	15	101	758	339
2023-01-10	$5.01	$5.00	57.3%	20.7%	50.9%	11.9%	72.1%	20.3%	-1.7%	1.5K	-59.4K	-571	0.25	15.02	N/A	N/A	4	1	763	239
2023-01-11	$5.13	$5.00	71.9%	20.6%	51.5%	20.4%	71.9%	18.0%	-4.5%	1.5K	-70.7K	-562	0.02	17.88	N/A	N/A	45	1	763	240
2023-01-12	$5.21	$5.00	68.6%	19.7%	51.7%	18.5%	68.6%	0.1%	-4.3%	1.5K	-83.6K	-567	0.00	20.93	N/A	N/A	10	0	760	240
2023-01-13	$5.25	$5.00	69.6%	20.0%	50.9%	19.1%	69.6%	30.2%	-6.8%	1.5K	-105.9K	-551	0.00	55.63	N/A	N/A	9	0	768	240
2023-01-17	$5.29	$5.00	71.3%	20.4%	40.6%	20.0%	0.0%	31.2%	-8.8%	1.5K	-97.6K	-535	0.00	80.17	N/A	N/A	10	0	769	240
2023-01-18	$5.36	$5.00	73.8%	21.2%	40.6%	21.5%	0.0%	27.9%	-8.2%	1.6K	-106.7K	-530	0.00	55.82	N/A	N/A	77	0	769	240
2023-01-19	$5.26	$5.00	72.2%	20.7%	34.7%	20.6%	0.0%	22.8%	-9.0%	407	-77.7K	-525	0.12	65.93	N/A	N/A	25	3	731	240
2023-01-20	$5.45	$5.00	70.0%	20.1%	35.2%	19.3%	68.9%	-54.5%	6.9%	1.2K	-112.2K	-482	0.00	76.17	N/A	N/A	51	0	713	243
2023-01-23	$5.62	$5.00	74.1%	21.2%	35.8%	21.7%	97.8%	6.7%	-35.0%	1.8K	-90.3K	-539	0.00	44.59	N/A	N/A	35	0	650	141
2023-01-24	$5.60	$5.00	62.5%	17.9%	35.0%	15.0%	0.0%	5.8%	3.4%	1.6K	-83.3K	-515	0.00	46.20	N/A	N/A	2	0	660	141
2023-01-25	$5.64	$5.00	45.3%	13.0%	34.8%	5.0%	42.2%	9.4%	26.8%	1.4K	-86.4K	-491	0.00	54.30	N/A	N/A	2	0	662	141
2023-01-26	$5.80	$5.00	41.2%	11.8%	31.7%	2.6%	157.0%	11.8%	5.0%	1.3K	-102.0K	-521	0.00	35.91	N/A	N/A	27	0	662	141
2023-01-27	$5.85	$5.00	64.2%	18.4%	31.8%	16.0%	54.0%	31.0%	7.5%	1.9K	-103.3K	-563	0.00	57.60	N/A	N/A	59	0	671	141
2023-01-30	$5.71	$5.00	55.0%	15.8%	34.3%	10.6%	0.0%	-3.1%	-3.1%	1.6K	-95.6K	-536	2.00	36.92	N/A	N/A	1	2	692	141
2023-01-31	$5.88	$5.00	78.6%	22.5%	31.3%	24.3%	51.3%	60.9%	14.3%	2.0K	-103.9K	-547	0.20	63.23	N/A	N/A	20	4	692	143