AXTI Options History — May 2023

In May 2023, AXTI traded between $2.59 and $3.65. ATM implied volatility averaged 71.3%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded below realized volatility by 2.4% (HV 20d: 73.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.45.

Notable Days

  • 2023-05-01: Highest Volume — 596 contracts
  • 2023-05-15: Largest IV spike — 128.4% change
  • 2023-05-24: Highest IV Rank — 58.7%
  • 2023-05-24: Largest Expected Move — 48.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.16$2.59$3.65$2.59$3.40
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV71.3%33.9%169.4%35.7%105.9%
Expected Move19.7%9.6%48.6%10.2%30.4%
HV 20d73.6%53.7%82.1%63.8%59.4%
HV 60d63.9%56.3%71.5%67.5%59.3%
IV Rank16.1%0.0%58.7%0.0%31.2%
IV Percentile41.0%0.0%98.0%0.0%88.5%
Term Structure-6.7%-130.2%33.2%14.6%-95.1%
VWIV55.5%31.5%125.1%37.1%100.8%
Skew 25d61.3%26.6%86.9%26.6%51.8%
Skew 10d19.5%6.2%30.4%6.2%20.2%
Call IV 25d36.2%31.5%42.5%32.9%42.5%
Put IV 25d97.5%59.4%118.4%59.4%94.3%
Bid-Ask Spread %43.748.7476.3061.2046.37
Gamma HHI0.640.500.850.700.50
Net GEX1.4K-2801.9K-2801.5K
Net DEX-163.1K-207.7K-14.6K-14.6K-167.2K
Net VEX-451-534-145-145-496
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.0018.330.050.00
Total Volume93.364059659684
Total OI1,482.3189411,8189411,267

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$2.59$2.5035.7%10.2%63.8%0.0%37.1%0.0%14.6%-280-14.6K-1450.0561.20N/AN/A56630785156
2023-05-02$2.67$2.5036.0%10.3%66.1%0.1%32.9%26.6%17.2%1.0K-113.2K-4950.4674.04N/AN/A24111,287161
2023-05-03$2.81$2.5033.9%9.7%70.7%0.0%31.5%86.9%12.3%1.4K-139.1K-4620.0076.30N/AN/A11701,295165
2023-05-04$2.79$2.5037.0%11.6%70.6%1.4%0.0%79.9%4.5%1.7K-123.5K-5050.3430.83N/AN/A35121,398165
2023-05-05$2.90$2.5043.5%9.7%73.1%4.1%32.6%51.8%23.0%1.6K-148.9K-5061.8323.42N/AN/A6111,426177
2023-05-08$3.08$2.5064.5%9.6%77.5%13.2%0.0%0.0%18.8%1.6K-172.6K-4660.0019.63N/AN/A301,422180
2023-05-09$2.95$2.5055.0%10.8%78.1%9.2%38.8%0.0%17.2%1.7K-149.7K-49318.3320.66N/AN/A61101,424180
2023-05-10$3.06$2.5036.0%10.3%80.0%0.9%38.9%0.0%14.7%1.5K-169.8K-4622.8620.77N/AN/A7201,418290
2023-05-11$3.04$2.5037.8%10.8%78.8%1.7%0.0%0.0%27.3%1.6K-160.7K-5243.0022.45N/AN/A5151,416310
2023-05-12$3.00$2.5036.0%10.3%78.8%0.9%40.0%0.0%-2.6%1.3K-154.3K-4840.0031.78N/AN/A1601,411319
2023-05-15$3.17$2.5082.2%23.6%81.9%20.9%125.1%0.0%-38.6%1.2K-176.8K-5340.0044.61N/AN/A101,431319
2023-05-16$3.23$2.5080.9%23.2%82.1%20.4%0.0%0.0%33.2%1.4K-184.2K-5111.8871.41N/AN/A16301,431319
2023-05-17$3.33$2.5094.4%27.1%81.1%26.2%0.0%0.0%8.1%1.2K-185.4K-4170.0064.39N/AN/A1901,416349
2023-05-18$3.42$2.5051.8%14.8%80.4%7.7%54.5%0.0%-1.9%1.5K-205.6K-3550.3138.55N/AN/A65201,417349
2023-05-19$3.41$2.5052.8%15.1%79.0%8.2%0.0%0.0%2.2%1.6K-207.7K-4070.0018.66N/AN/A23701,449369
2023-05-22$3.44$2.50111.1%31.8%78.6%33.4%0.0%0.0%-11.5%1.5K-194.2K-3950.0057.65N/AN/A001,058146
2023-05-23$3.33$2.50117.4%33.7%77.8%36.2%0.0%0.0%-4.5%1.6K-182.5K-5000.0360.63N/AN/A3011,058146
2023-05-24$3.29$2.50169.4%48.6%78.0%58.7%0.0%0.0%-130.2%1.4K-173.5K-4500.0070.80N/AN/A0101,068146
2023-05-25$3.33$2.5058.2%16.7%76.9%10.5%0.0%0.0%20.8%1.5K-183.9K-4290.008.74N/AN/A30601,068146
2023-05-26$3.65$2.5071.9%20.6%53.9%16.5%78.6%0.0%-32.3%1.8K-191.7K-3990.0030.35N/AN/A600965146
2023-05-30$3.60$2.50156.4%44.8%53.7%53.1%100.8%0.0%-44.6%1.9K-189.1K-4910.0069.06N/AN/A18101,017146
2023-05-31$3.40$2.50105.9%30.4%59.4%31.2%0.0%0.0%-95.1%1.5K-167.2K-4960.0046.37N/AN/A8401,121146