INTC Options History — April 2009

In April 2009, INTC traded between $15.00 and $16.01. ATM implied volatility averaged 46.7%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded below realized volatility by 1.9% (HV 20d: 48.5%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2009-04-14: Highest Volume — 340,887 contracts
  • 2009-04-09: Largest IV drop — 18.9% change
  • 2009-04-07: Highest IV Rank — 28.5%
  • 2009-04-01: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.57$15.00$16.01$15.03$15.78
Max Pain$15.05$15.00$16.00$15.00$15.00
ATM IV46.7%35.5%60.6%56.8%37.2%
Expected Move13.0%10.2%16.3%16.3%10.7%
HV 20d48.5%36.4%60.9%60.9%37.6%
HV 60d53.9%50.5%56.9%56.5%50.8%
IV Rank18.1%9.9%28.5%25.7%11.1%
IV Percentile49.7%29.0%81.7%73.8%29.0%
Term Structure1.3%-5.7%6.3%-3.8%2.3%
VWIV46.1%37.6%57.9%57.5%38.2%
Skew 25d7.0%3.5%9.6%8.6%4.9%
Skew 10d12.0%5.6%16.9%16.9%7.1%
Call IV 25d42.4%34.0%55.2%52.3%36.1%
Put IV 25d49.4%39.4%61.0%60.9%40.9%
Bid-Ask Spread %3.452.004.712.753.43
Gamma HHI0.180.120.350.160.20
Net GEX7.0M3.1M13.2M5.9M7.9M
Net DEX-189.0M-344.3M-29.2M-129.0M-159.1M
Net VEX-4.1M-4.3M-3.7M-4.0M-4.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.372.401.300.47
Total Volume103,295.09539,783340,88759,92888,957
Total OI1,500,232.4761,172,3761,819,5071,527,0971,371,849

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2009-04-01$15.03$15.0056.8%16.3%60.9%25.7%57.5%8.6%-3.8%5.9M-129.0M-4.0M1.302.7526,10133,827876,473650,624
2009-04-02$15.70$15.0056.4%16.2%59.8%25.4%57.9%5.8%-5.7%7.1M-255.9M-4.2M0.614.6884,21651,562880,408651,600
2009-04-03$15.95$15.0055.0%14.4%59.8%24.4%52.8%9.4%0.1%7.8M-304.2M-4.3M0.383.5941,16515,627904,917677,904
2009-04-06$15.86$15.0056.1%14.5%60.2%25.2%52.8%9.3%0.2%8.5M-297.5M-4.3M0.643.3638,09524,376923,698679,901
2009-04-07$15.45$15.0060.6%15.3%50.8%28.5%52.8%9.6%-0.1%8.0M-218.5M-4.2M2.403.1520,90350,241939,973691,379
2009-04-08$15.27$15.0059.4%15.1%51.1%27.7%52.6%9.2%0.5%7.5M-178.4M-4.1M0.373.8429,14010,643947,104700,111
2009-04-09$15.98$15.0048.2%13.8%51.7%19.3%49.0%9.2%1.3%8.7M-342.6M-4.2M0.584.2160,61734,864936,027703,971
2009-04-13$15.98$15.0050.7%14.5%51.7%21.2%51.3%8.4%-0.6%8.5M-328.8M-4.2M0.393.0975,26429,563945,246713,825
2009-04-14$16.01$15.0056.0%16.1%50.0%25.1%55.7%6.7%-3.9%8.6M-344.3M-4.2M0.843.00184,930155,957963,976720,599
2009-04-15$15.62$16.0045.6%13.1%48.9%17.3%46.5%7.0%3.8%7.0M-225.6M-4.1M0.623.60166,832102,8681,028,683790,824
2009-04-16$15.89$15.0042.5%12.2%48.6%15.1%43.3%7.6%4.9%13.2M-335.0M-4.0M0.543.4574,16040,2401,036,004766,763
2009-04-17$15.60$15.0039.1%11.2%49.1%12.5%40.0%6.8%6.3%10.3M-225.4M-3.9M0.393.0277,57629,9821,024,835756,952
2009-04-20$15.00$15.0043.3%12.4%49.7%15.6%42.7%6.3%1.5%3.1M-29.2M-3.7M0.992.1755,96855,206681,110491,266
2009-04-21$15.36$15.0041.2%11.8%45.9%14.1%40.0%6.5%1.6%4.2M-74.0M-3.9M0.593.0648,59928,886704,156516,764
2009-04-22$15.67$15.0037.8%10.8%45.1%11.6%38.1%7.2%4.0%5.0M-119.8M-4.0M0.373.5471,90026,465717,563524,405
2009-04-23$15.53$15.0037.4%10.7%45.1%11.2%39.3%6.6%4.1%5.6M-106.2M-4.0M0.924.0038,30835,290743,571530,258
2009-04-24$15.62$15.0035.5%10.2%40.2%9.9%37.6%5.5%3.7%5.5M-108.5M-4.0M0.464.4340,76218,579750,917545,722
2009-04-27$15.28$15.0041.1%11.8%39.9%14.0%40.5%4.3%0.9%4.8M-71.4M-3.9M0.662.0035,18723,106768,742550,770
2009-04-28$15.05$15.0040.4%11.6%36.5%13.5%39.5%5.7%3.6%4.5M-39.0M-3.9M0.553.4350,55127,971778,464554,011
2009-04-29$15.35$15.0039.3%11.3%36.4%12.7%39.1%3.5%2.1%5.8M-77.4M-4.0M0.414.7145,77918,934800,424563,093
2009-04-30$15.78$15.0037.2%10.7%37.6%11.1%38.2%4.9%2.3%7.9M-159.1M-4.1M0.473.4360,64828,309808,563563,286