INTC Options History — May 2017

In May 2017, INTC traded between $35.10 and $37.03. ATM implied volatility averaged 14.7%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 2.5% (HV 20d: 17.2%). Max pain ranged from $36.00 to $37.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.78.

Notable Days

2017-05-02: Highest Volume — 224,708 contracts
2017-05-17: Largest IV spike — 20.4% change
2017-05-17: Highest IV Rank — 21.3%
2017-05-17: Largest Expected Move — 5.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.06	$35.10	$37.03	$36.38	$36.01
Max Pain	$36.05	$36.00	$37.00	$36.00	$36.00
ATM IV	14.7%	13.7%	17.5%	13.8%	14.5%
Expected Move	4.3%	3.9%	5.0%	3.9%	4.2%
HV 20d	17.2%	11.5%	19.0%	16.1%	11.5%
HV 60d	13.9%	13.3%	14.7%	14.3%	13.8%
IV Rank	5.8%	0.2%	21.3%	0.7%	4.8%
IV Percentile	7.6%	0.4%	36.5%	0.4%	6.7%
Term Structure	0.3%	-0.4%	1.0%	0.3%	0.0%
VWIV	15.0%	13.6%	17.3%	13.6%	13.9%
Skew 25d	2.1%	1.7%	3.1%	2.0%	2.5%
Skew 10d	4.5%	3.2%	6.5%	4.9%	4.6%
Call IV 25d	13.9%	13.0%	16.5%	13.0%	13.7%
Put IV 25d	16.1%	14.9%	19.4%	15.0%	16.3%
Bid-Ask Spread %	9.76	2.83	23.87	15.65	7.03
Gamma HHI	0.15	0.12	0.21	0.17	0.13
Net GEX	27.6M	-12.5M	74.2M	43.0M	28.1M
Net DEX	-115.7M	-656.4M	337.3M	-257.3M	-128.5M
Net VEX	-8.7M	-9.4M	-8.2M	-8.2M	-9.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.27	1.79	0.27	1.79
Total Volume	74,159.273	42,323	224,708	103,294	78,984
Total OI	1,529,896.773	1,424,588	1,650,860	1,472,236	1,532,828

Daily Data (22 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
2017-05-01	$36.38	$36.00	13.8%	3.9%	16.1%	0.7%	13.6%	2.0%	0.3%	43.0M	-257.3M	-8.2M	0.27	15.65	81,428	21,866	793,326	678,910
2017-05-02	$37.03	$36.00	14.0%	4.2%	17.2%	1.8%	17.0%	2.3%	0.1%	72.8M	-656.4M	-8.4M	0.33	13.51	169,428	55,280	813,754	682,799
2017-05-03	$36.96	$37.00	14.3%	4.2%	17.2%	3.3%	14.6%	2.0%	0.0%	74.2M	-522.8M	-8.8M	0.56	23.87	69,855	39,133	776,978	708,033
2017-05-04	$36.83	$36.00	14.0%	4.1%	17.3%	1.9%	14.6%	1.9%	-0.1%	66.3M	-452.0M	-8.8M	0.83	10.20	33,333	27,830	788,452	719,058
2017-05-05	$36.75	$36.00	14.2%	4.1%	17.2%	2.9%	14.5%	1.8%	0.2%	66.5M	-416.8M	-8.8M	0.64	10.92	27,250	17,342	801,360	721,574
2017-05-08	$36.49	$36.00	14.1%	4.3%	17.5%	2.6%	14.9%	1.8%	0.7%	41.0M	-257.7M	-8.6M	1.16	9.01	26,623	30,874	779,452	706,602
2017-05-09	$36.31	$36.00	13.9%	4.3%	17.3%	1.3%	15.0%	1.8%	1.0%	32.7M	-161.7M	-8.7M	1.13	13.51	25,225	28,488	794,871	718,356
2017-05-10	$36.00	$36.00	14.0%	4.2%	17.6%	2.0%	14.6%	1.7%	1.0%	19.0M	-20.6M	-8.4M	0.63	5.81	47,545	29,829	798,881	716,359
2017-05-11	$35.65	$36.00	15.0%	4.3%	17.9%	7.7%	15.4%	2.1%	0.1%	291.9K	164.2M	-8.5M	0.83	10.92	38,019	31,456	830,443	736,320
2017-05-12	$35.46	$36.00	15.2%	4.5%	17.8%	8.5%	15.4%	2.1%	1.0%	-7.8M	230.6M	-8.5M	0.88	9.06	24,153	21,135	843,803	749,836
2017-05-15	$35.56	$36.00	14.3%	4.1%	17.9%	3.2%	14.7%	2.1%	0.8%	1.2M	161.3M	-8.4M	0.39	9.21	52,846	20,424	839,507	741,352
2017-05-16	$35.79	$36.00	14.5%	4.2%	17.6%	4.8%	15.1%	1.8%	0.0%	13.5M	13.7M	-8.6M	0.94	7.25	29,934	28,282	845,065	739,584
2017-05-17	$35.10	$36.00	17.5%	5.0%	18.8%	21.3%	17.3%	2.9%	-0.1%	-12.5M	337.3M	-8.5M	0.70	13.71	43,986	30,676	856,280	750,503
2017-05-18	$35.28	$36.00	16.9%	4.9%	18.6%	18.1%	17.3%	3.1%	-0.4%	-11.3M	289.4M	-8.5M	0.75	11.15	32,169	24,172	871,254	763,103
2017-05-19	$35.35	$36.00	16.2%	4.6%	18.5%	13.9%	15.3%	2.7%	-0.1%	-3.9M	243.1M	-8.6M	0.64	10.95	46,881	29,960	881,233	769,627
2017-05-22	$35.75	$36.00	15.3%	4.3%	18.6%	9.1%	14.7%	2.1%	0.2%	19.3M	-33.0M	-8.8M	0.60	3.12	37,348	22,230	738,934	685,654
2017-05-23	$35.80	$36.00	14.7%	4.1%	18.5%	5.6%	14.4%	2.3%	0.3%	22.9M	-59.2M	-8.9M	0.76	2.83	34,889	26,433	752,687	695,881
2017-05-24	$36.15	$36.00	14.4%	4.1%	19.0%	3.8%	14.6%	1.8%	0.6%	36.4M	-234.6M	-9.1M	0.85	4.29	53,047	45,017	763,430	701,797
2017-05-25	$36.33	$36.00	13.7%	3.9%	18.6%	0.2%	14.6%	1.8%	0.8%	42.5M	-323.8M	-9.3M	0.85	5.64	32,251	27,332	787,065	728,647
2017-05-26	$36.19	$36.00	14.3%	3.9%	13.8%	3.5%	13.9%	2.3%	0.4%	31.6M	-249.5M	-9.4M	0.97	10.66	23,434	22,794	798,083	737,573
2017-05-30	$36.16	$36.00	14.8%	4.2%	13.3%	6.3%	14.9%	2.2%	-0.2%	31.3M	-211.2M	-9.2M	0.77	6.36	23,931	18,392	788,379	730,096
2017-05-31	$36.01	$36.00	14.5%	4.2%	11.5%	4.8%	13.9%	2.5%	0.0%	28.1M	-128.5M	-9.0M	1.79	7.03	28,301	50,683	797,269	735,559