INTC Options History — August 2014

In August 2014, INTC traded between $32.60 and $35.15. ATM implied volatility averaged 17.9%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 9.2% (HV 20d: 27.2%). Max pain ranged from $32.00 to $32.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2014-08-04: Highest Volume — 1,190,216 contracts
  • 2014-08-21: Largest IV spike — 11.2% change
  • 2014-08-11: Highest IV Rank — 38.5%
  • 2014-08-11: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.02$32.60$35.15$33.74$34.92
Max Pain$32.00$32.00$32.00$32.00$32.00
ATM IV17.9%16.2%19.6%18.7%17.8%
Expected Move6.5%6.3%6.8%6.4%6.3%
HV 20d27.2%19.6%38.4%35.6%20.1%
HV 60d27.0%25.6%27.4%25.6%27.3%
IV Rank29.3%19.4%38.5%33.6%28.2%
IV Percentile42.6%14.7%59.5%52.0%44.8%
Term Structure0.2%-1.0%1.0%-1.0%-0.1%
VWIV23.2%21.6%24.9%22.9%22.2%
Skew 25d1.1%0.4%1.8%1.1%0.7%
Skew 10d2.5%0.7%4.3%0.7%1.5%
Call IV 25d18.0%16.0%19.9%18.6%17.6%
Put IV 25d19.1%17.3%21.1%19.7%18.3%
Bid-Ask Spread %9.897.6613.6811.879.46
Gamma HHI0.140.090.200.120.20
Net GEX51.2M7.0M86.5M48.9M86.5M
Net DEX-1.62B-2.73B-611.7M-2.60B-2.04B
Net VEX-10.2M-10.5M-9.8M-10.1M-10.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.021.710.980.43
Total Volume141,73140,9821,190,21675,98471,521
Total OI2,251,115.4292,067,5802,496,7222,496,7222,376,600

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-08-01$33.74$32.0018.7%6.4%35.6%33.6%22.9%1.1%-1.0%48.9M-2.60B-10.1M0.9811.8738,41837,5661,469,1531,027,569
2014-08-04$34.05$32.0018.1%6.5%35.5%30.1%23.0%0.8%0.0%50.6M-2.73B-9.9M0.0213.681,161,30028,9161,436,6991,021,108
2014-08-05$32.82$32.0018.4%6.6%38.3%31.6%23.9%1.7%0.6%17.0M-767.3M-9.8M1.269.65100,418126,0621,030,3311,037,249
2014-08-06$32.85$32.0018.5%6.7%38.3%32.5%22.9%0.7%0.4%9.1M-727.6M-10.2M0.768.8335,16426,8461,062,1391,106,676
2014-08-07$32.68$32.0019.4%6.7%38.2%37.4%23.9%1.1%0.3%7.0M-628.2M-10.2M0.707.6948,83534,0741,073,2461,112,384
2014-08-08$32.60$32.0019.3%6.7%38.3%37.1%24.6%1.1%0.7%13.9M-611.7M-10.4M0.378.3948,32818,0011,106,2471,130,775
2014-08-11$33.02$32.0019.6%6.8%38.4%38.5%24.2%1.1%0.3%31.5M-961.7M-10.3M0.447.6648,37121,0891,099,7771,097,071
2014-08-12$33.13$32.0019.2%6.7%38.4%36.4%23.6%1.8%-0.0%34.9M-1.03B-10.4M0.169.50117,30019,3201,119,5641,104,062
2014-08-13$34.10$32.0018.6%6.6%23.5%32.8%23.7%1.2%0.2%72.5M-1.74B-10.5M0.829.9471,20658,3521,174,6941,108,065
2014-08-14$33.94$32.0017.9%6.6%21.3%29.2%23.0%1.0%0.1%59.1M-1.56B-10.3M0.898.9830,66527,1391,150,1041,107,806
2014-08-15$34.17$32.0017.8%6.5%21.4%28.6%23.0%1.7%-0.3%66.1M-1.72B-10.4M0.599.7456,78333,5961,155,9011,117,803
2014-08-18$34.41$32.0016.6%6.5%21.2%21.5%24.4%1.7%1.0%54.2M-1.73B-10.0M1.5910.2124,36738,8481,085,7141,014,871
2014-08-19$34.34$32.0016.2%6.4%19.7%19.7%22.5%1.6%0.9%51.4M-1.68B-10.0M1.718.7817,04029,1881,093,7221,031,840
2014-08-20$34.50$32.0016.2%6.4%19.6%19.4%22.5%1.2%0.7%53.8M-1.77B-10.0M0.6211.7949,18930,4541,101,7311,049,858
2014-08-21$35.15$32.0018.0%6.4%20.5%29.6%23.4%1.2%0.3%69.5M-2.14B-10.2M0.6710.45103,91469,1011,136,2511,064,345
2014-08-22$34.94$32.0017.2%6.3%20.6%25.1%23.1%0.8%0.2%73.9M-2.08B-10.4M0.9711.0749,18847,7791,184,3361,092,959
2014-08-25$34.81$32.0017.8%6.3%20.7%28.2%24.9%1.4%0.4%69.7M-1.93B-10.2M1.2710.8734,46343,7431,167,3201,061,989
2014-08-26$34.80$32.0017.4%6.3%20.7%26.3%21.6%0.4%0.3%68.6M-1.92B-10.4M1.5611.2136,46656,9381,187,2401,092,171
2014-08-27$34.79$32.0017.1%6.3%20.6%24.5%22.4%0.5%-0.3%69.5M-1.91B-10.4M0.518.7630,15715,2641,211,7291,118,449
2014-08-28$34.65$32.0017.3%6.3%20.1%25.5%22.1%0.9%0.4%67.1M-1.84B-10.4M0.249.0833,0247,9581,228,3861,125,490
2014-08-29$34.92$32.0017.8%6.3%20.1%28.2%22.2%0.7%-0.1%86.5M-2.04B-10.2M0.439.4650,16321,3581,249,1201,127,480