INTC Options History — February 2007

In February 2007, INTC traded between $19.86 and $21.51. ATM implied volatility averaged 22.5%. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 1.4% (HV 20d: 21.1%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 0.74.

Notable Days

  • 2007-02-27: Highest Volume — 172,649 contracts
  • 2007-02-06: Largest IV spike — 25.0% change
  • 2007-02-27: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.98$19.86$21.51$21.11$19.86
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV22.5%20.5%26.6%23.4%21.5%
Expected Move6.4%5.9%6.8%6.7%6.2%
HV 20d21.1%14.1%30.9%30.9%19.1%
Term Structure2.6%0.6%4.0%0.6%3.4%
VWIV22.3%21.0%23.7%23.4%21.5%
Skew 25d-0.4%-7.3%2.6%-4.4%0.2%
Skew 10d-0.5%-11.1%7.1%-2.7%-0.5%
Call IV 25d22.8%20.5%27.9%26.5%26.8%
Put IV 25d22.4%19.7%27.0%22.1%27.0%
Bid-Ask Spread %3.191.327.273.611.52
Gamma HHI0.270.250.320.300.29
Net GEX17.6M1.1M27.2M17.9M1.1M
Net DEX-803.2M-1.03B-239.3M-801.5M-239.3M
Net VEX-13.7M-14.3M-13.2M-13.2M-13.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.231.450.230.77
Total Volume90,860.89531,464172,649137,028148,771
Total OI2,677,360.7892,471,4292,825,0162,471,4292,825,016

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-02-01$21.11$20.0023.4%6.7%30.9%0.0%23.4%-4.4%0.6%17.9M-801.5M-13.2M0.233.61111,23125,7971,581,950889,479
2007-02-02$21.23$20.0024.9%6.7%27.5%0.0%22.8%1.1%3.5%21.4M-873.9M-13.5M0.275.4524,7126,7521,655,574907,024
2007-02-05$21.28$20.0021.2%6.7%27.5%0.0%23.6%1.1%2.7%21.8M-929.6M-13.5M0.294.68115,20233,8261,623,458907,679
2007-02-06$21.31$20.0026.6%6.4%27.5%0.0%22.8%2.3%3.7%24.2M-967.9M-13.8M0.727.2762,35745,0491,689,363923,357
2007-02-07$21.51$20.0025.3%6.3%27.6%0.0%21.9%2.6%3.8%27.2M-1.03B-13.8M1.136.4448,98655,1351,697,847929,915
2007-02-08$21.36$20.0021.7%6.2%26.5%0.0%22.5%0.9%3.2%24.6M-977.0M-13.9M0.766.1725,14419,1181,714,264959,975
2007-02-09$21.03$20.0023.0%6.6%26.1%0.0%22.4%0.7%3.0%18.2M-824.5M-13.9M0.251.6999,58024,7911,716,977967,442
2007-02-12$20.80$20.0023.0%6.6%25.9%0.0%23.0%0.3%2.7%15.3M-745.8M-13.6M0.442.0054,60924,2391,760,673974,517
2007-02-13$20.87$20.0022.4%6.4%25.7%0.0%22.2%0.4%3.2%16.2M-832.5M-13.9M0.952.9734,88833,0001,778,368972,310
2007-02-14$21.14$20.0023.1%6.6%16.2%0.0%22.2%1.3%2.6%20.5M-927.0M-14.2M0.822.6836,45530,0471,786,099986,031
2007-02-15$21.31$20.0020.9%6.0%14.7%0.0%23.3%1.8%4.0%21.7M-990.6M-14.3M0.372.1437,98114,2311,795,3021,004,279
2007-02-16$21.23$20.0021.7%6.2%14.6%0.0%21.3%0.4%2.4%20.5M-945.2M-14.1M0.671.6926,07017,3431,791,8021,000,300
2007-02-20$21.18$20.0021.6%6.2%14.6%0.0%21.4%0.3%2.0%19.6M-870.8M-13.6M1.451.4422,05031,9671,639,608929,722
2007-02-21$20.88$20.0020.5%5.9%15.0%0.0%21.1%-1.8%1.7%14.9M-731.4M-13.3M0.601.5264,21138,5641,648,624950,319
2007-02-22$20.97$20.0020.9%6.0%14.2%0.0%21.0%-2.7%1.7%16.6M-799.4M-13.8M0.901.3248,21243,5111,688,082974,660
2007-02-23$20.76$20.0021.0%6.0%14.1%0.0%21.2%-2.1%2.3%13.6M-703.0M-13.7M1.332.4222,41129,8361,708,691998,909
2007-02-26$20.85$20.0021.8%6.3%14.1%0.0%22.2%-2.9%2.1%13.6M-735.0M-13.6M1.082.6646,84050,7921,703,6321,012,360
2007-02-27$20.03$20.0023.8%6.8%19.0%0.0%23.7%-7.3%1.2%4.6M-334.9M-13.4M1.112.8781,97790,6721,725,8171,050,430
2007-02-28$19.86$20.0021.5%6.2%19.1%0.0%21.5%0.2%3.4%1.1M-239.3M-13.3M0.771.5284,18664,5851,751,7821,073,234