INTC Options History — February 2014

In February 2014, INTC traded between $23.52 and $24.80. ATM implied volatility averaged 18.2%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 0.6% (HV 20d: 18.9%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.50.

Notable Days

  • 2014-02-04: Highest Volume — 226,216 contracts
  • 2014-02-20: Largest IV drop — 8.4% change
  • 2014-02-03: Highest IV Rank — 34.3%
  • 2014-02-05: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.43$23.52$24.80$23.95$24.76
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV18.2%16.0%21.9%21.9%16.0%
Expected Move6.6%6.4%6.8%6.8%6.5%
HV 20d18.9%16.0%23.5%21.7%16.1%
HV 60d20.4%17.9%21.9%21.4%17.9%
IV Rank14.3%2.2%34.3%34.3%2.2%
IV Percentile25.9%2.0%66.3%66.3%2.0%
Term Structure-0.0%-0.7%0.8%-0.5%0.6%
VWIV23.4%22.5%24.2%23.9%22.6%
Skew 25d1.8%1.3%2.3%1.8%1.5%
Skew 10d3.9%1.5%5.4%1.5%4.3%
Call IV 25d17.9%15.7%21.9%21.9%15.9%
Put IV 25d19.7%17.4%23.7%23.7%17.4%
Bid-Ask Spread %5.103.578.306.384.27
Gamma HHI0.140.110.170.110.15
Net GEX16.3M-8.1M30.9M-977.5K26.7M
Net DEX-129.5M-376.9M332.5M141.6M-359.5M
Net VEX-7.9M-8.3M-7.4M-7.4M-8.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.230.980.710.34
Total Volume71,539.10535,164226,216122,33354,575
Total OI1,884,362.9471,631,9611,999,3401,836,6401,718,405

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-02-03$23.95$25.0021.9%6.8%21.7%34.3%23.9%1.8%-0.5%-977.5K141.6M-7.4M0.716.3871,37750,9561,078,293758,347
2014-02-04$23.82$25.0021.2%6.8%21.5%30.3%24.0%2.3%-0.1%-4.7M236.8M-7.5M0.434.68158,27667,9401,101,755779,965
2014-02-05$23.52$25.0021.7%6.8%21.5%33.1%24.2%2.3%-0.2%-8.1M332.5M-7.5M0.984.7337,06336,3621,111,962823,211
2014-02-06$23.99$25.0020.4%6.8%23.1%25.7%24.1%1.9%-0.1%4.4M129.5M-7.9M0.318.2141,17512,8511,125,569831,111
2014-02-07$24.21$25.0019.4%6.7%23.5%20.5%23.5%1.8%0.2%8.8M8.8M-8.1M0.493.8577,98838,1981,139,811828,415
2014-02-10$24.29$25.0019.2%6.7%23.2%19.6%23.7%1.8%0.3%9.6M-46.1M-8.1M0.587.8325,40714,8341,132,132816,153
2014-02-11$24.47$25.0018.9%6.7%23.5%17.9%23.2%1.5%0.1%16.6M-123.7M-8.2M0.238.3064,39114,8541,146,864823,765
2014-02-12$24.55$25.0018.6%6.7%18.0%16.0%24.0%1.9%-0.5%19.7M-162.9M-8.3M0.555.7634,25518,9941,154,846829,939
2014-02-13$24.70$25.0018.0%6.6%18.0%13.1%23.9%1.7%-0.7%24.6M-242.2M-8.3M0.353.6547,95116,9061,157,965834,273
2014-02-14$24.76$25.0017.1%6.6%18.2%7.8%24.1%1.5%-0.4%25.5M-271.2M-8.2M0.665.1523,75315,6551,158,101841,239
2014-02-18$24.76$25.0017.0%6.5%16.0%7.6%23.0%1.7%0.6%26.3M-282.7M-7.9M0.764.2726,45920,1541,144,880820,334
2014-02-19$24.50$25.0017.8%6.6%16.1%12.0%23.1%2.2%-0.6%18.5M-150.9M-7.8M0.584.1033,20819,1461,153,278826,189
2014-02-20$24.74$25.0016.3%6.5%16.2%3.9%23.3%1.7%0.8%26.5M-264.2M-8.0M0.303.5735,75710,9021,163,154812,364
2014-02-21$24.42$25.0017.4%6.5%16.7%9.5%22.7%1.9%-0.5%14.3M-127.5M-7.7M0.734.0046,47333,8231,171,532812,088
2014-02-24$24.63$25.0016.3%6.5%16.4%3.6%23.5%2.0%0.2%17.9M-260.9M-7.8M0.344.3754,54318,504981,992649,969
2014-02-25$24.62$25.0016.8%6.4%16.4%6.7%22.5%1.7%-0.0%24.1M-297.7M-7.7M0.395.4540,51715,8881,016,286653,686
2014-02-26$24.80$25.0016.3%6.5%16.4%3.6%22.6%1.5%0.2%30.9M-376.9M-8.0M0.354.1733,28711,6571,032,682662,279
2014-02-27$24.76$25.0016.3%6.5%16.1%3.7%23.3%1.3%0.3%29.2M-343.0M-8.1M0.464.1524,09511,0691,043,616666,446
2014-02-28$24.76$25.0016.0%6.5%16.1%2.2%22.6%1.5%0.6%26.7M-359.5M-8.0M0.344.2740,73113,8441,049,614668,791