INTC Options History — February 2013

In February 2013, INTC traded between $20.23 and $21.36. ATM implied volatility averaged 19.4%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 3.9% (HV 20d: 23.2%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 0.72.

Notable Days

2013-02-04: Highest Volume — 425,288 contracts
2013-02-25: Largest IV spike — 49.1% change
2013-02-25: Highest IV Rank — 64.9%
2013-02-25: Largest Expected Move — 6.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.92	$20.23	$21.36	$21.36	$20.88
Max Pain	$21.00	$21.00	$21.00	$21.00	$21.00
ATM IV	19.4%	16.0%	28.6%	17.7%	18.6%
Expected Move	5.3%	4.6%	6.5%	5.2%	5.1%
HV 20d	23.2%	12.2%	29.4%	29.4%	18.0%
HV 60d	24.2%	22.9%	26.0%	26.0%	23.2%
IV Rank	21.7%	6.2%	64.9%	13.8%	18.1%
IV Percentile	22.8%	1.6%	93.7%	8.7%	14.7%
Term Structure	2.6%	0.8%	3.7%	2.6%	2.9%
VWIV	19.1%	16.2%	26.3%	18.5%	18.4%
Skew 25d	2.8%	1.6%	3.7%	3.6%	2.9%
Skew 10d	5.8%	3.8%	7.4%	7.0%	6.1%
Call IV 25d	17.8%	16.0%	21.0%	16.9%	18.5%
Put IV 25d	20.7%	18.0%	24.6%	20.6%	21.4%
Bid-Ask Spread %	4.91	1.43	11.85	5.14	11.85
Gamma HHI	0.17	0.15	0.20	0.19	0.16
Net GEX	3.5M	-7.9M	11.9M	4.9M	10.1M
Net DEX	206.6M	64.8M	436.5M	121.3M	169.6M
Net VEX	-6.2M	-7.0M	-5.7M	-5.8M	-6.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.08	1.65	0.62	0.60
Total Volume	100,406	35,520	425,288	59,282	45,190
Total OI	1,855,140.895	1,689,675	1,966,781	1,803,159	1,929,429

Daily Data (19 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 Vol	Put Vol	Call OI	Put OI
2013-02-01	$21.36	$21.00	17.7%	5.2%	29.4%	13.8%	18.5%	3.6%	2.6%	4.9M	121.3M	-5.8M	0.62	5.14	36,597	22,685	989,358	813,801
2013-02-04	$21.16	$21.00	20.8%	5.3%	29.4%	28.6%	26.3%	2.0%	2.5%	1.4M	198.2M	-5.7M	0.08	4.10	393,738	31,550	986,773	810,039
2013-02-05	$21.18	$21.00	19.4%	5.3%	29.4%	22.1%	18.7%	2.5%	2.7%	6.4M	166.2M	-5.9M	0.49	4.06	40,231	19,759	979,494	822,746
2013-02-06	$20.99	$21.00	17.1%	5.2%	29.4%	11.3%	18.4%	2.4%	2.7%	605.4K	218.4M	-5.9M	0.81	5.31	23,743	19,272	992,902	822,702
2013-02-07	$20.81	$21.00	18.5%	5.3%	28.9%	17.7%	19.2%	2.9%	2.7%	-5.0M	299.6M	-5.8M	0.87	3.25	50,604	44,035	1,002,181	825,228
2013-02-08	$21.00	$21.00	17.9%	5.1%	28.4%	14.8%	18.1%	2.3%	3.0%	3.4M	207.5M	-6.0M	0.55	3.44	40,758	22,440	1,034,797	848,444
2013-02-11	$21.03	$21.00	18.0%	5.2%	28.1%	15.5%	18.3%	2.3%	2.5%	3.6M	192.3M	-6.0M	0.82	2.41	19,521	15,999	1,044,160	844,666
2013-02-12	$21.19	$21.00	17.8%	5.1%	28.3%	14.6%	17.9%	2.8%	2.8%	8.5M	107.5M	-6.0M	0.69	2.78	43,688	30,157	1,051,444	848,900
2013-02-13	$21.25	$21.00	17.4%	5.0%	28.3%	12.8%	17.3%	3.2%	2.9%	11.0M	64.8M	-6.0M	0.80	3.11	30,661	24,563	1,067,594	855,479
2013-02-14	$21.23	$21.00	17.8%	5.1%	28.0%	14.5%	17.5%	3.7%	2.7%	9.9M	77.8M	-6.2M	0.49	3.32	43,989	21,646	1,075,812	862,734
2013-02-15	$21.12	$21.00	16.7%	4.8%	26.0%	9.2%	16.5%	2.4%	3.6%	6.4M	89.7M	-6.1M	1.30	1.43	69,780	90,572	1,097,389	869,392
2013-02-19	$21.09	$21.00	16.0%	4.6%	12.2%	6.2%	16.2%	2.1%	3.7%	9.1M	124.7M	-6.2M	0.80	6.89	54,521	43,880	911,534	778,141
2013-02-20	$20.73	$21.00	17.1%	4.9%	13.6%	11.0%	17.7%	1.6%	3.0%	777.8K	242.8M	-6.3M	1.65	1.82	52,104	86,189	943,831	801,652
2013-02-21	$20.25	$21.00	20.9%	6.0%	15.7%	29.2%	21.2%	3.5%	1.4%	-7.9M	436.5M	-6.3M	0.88	10.16	77,266	67,894	961,896	848,923
2013-02-22	$20.42	$21.00	19.2%	5.8%	16.0%	20.9%	19.4%	3.6%	1.8%	-3.7M	390.3M	-6.6M	0.47	10.67	58,372	27,285	992,580	882,705
2013-02-25	$20.23	$21.00	28.6%	6.5%	16.2%	64.9%	21.7%	3.6%	0.8%	-5.6M	408.7M	-6.5M	0.87	2.30	34,272	29,655	992,291	866,429
2013-02-26	$20.58	$21.00	25.4%	6.0%	17.5%	50.1%	21.5%	3.5%	1.8%	1.5M	271.1M	-6.9M	0.26	9.51	106,455	27,601	1,004,895	874,652
2013-02-27	$20.93	$21.00	22.8%	5.4%	18.1%	37.6%	19.4%	3.1%	2.6%	11.9M	137.7M	-7.0M	0.71	1.67	35,638	25,404	1,036,547	876,137
2013-02-28	$20.88	$21.00	18.6%	5.1%	18.0%	18.1%	18.4%	2.9%	2.9%	10.1M	169.6M	-6.9M	0.60	11.85	28,233	16,957	1,045,255	884,174