INTC Options History — January 2018

In January 2018, INTC traded between $42.53 and $50.13. ATM implied volatility averaged 27.7%, placing in the 80.3% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 1.8% (HV 20d: 29.5%). Max pain ranged from $42.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.73.

Notable Days

2018-01-26: Highest Volume — 620,939 contracts
2018-01-03: Largest IV spike — 13.3% change
2018-01-03: Highest IV Rank — 100.0%
2018-01-25: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.48	$42.53	$50.13	$46.78	$48.08
Max Pain	$43.00	$42.00	$45.00	$45.00	$44.00
ATM IV	27.7%	23.3%	31.6%	25.2%	23.3%
Expected Move	7.8%	5.4%	8.7%	5.4%	7.0%
HV 20d	29.5%	22.3%	45.0%	22.3%	45.0%
HV 60d	26.5%	22.7%	30.2%	23.4%	30.1%
IV Rank	80.3%	53.5%	100.0%	89.1%	53.5%
IV Percentile	96.6%	86.9%	100.0%	97.6%	86.9%
Term Structure	-1.1%	-3.1%	0.6%	-0.2%	-0.0%
VWIV	27.7%	19.2%	31.0%	19.2%	25.1%
Skew 25d	1.4%	-3.0%	4.2%	1.6%	-0.8%
Skew 10d	3.2%	-5.1%	12.6%	3.2%	-0.8%
Call IV 25d	27.2%	23.4%	32.3%	24.8%	24.0%
Put IV 25d	28.7%	23.1%	34.7%	26.4%	23.1%
Bid-Ask Spread %	10.19	2.84	30.00	11.89	11.03
Gamma HHI	0.11	0.08	0.16	0.11	0.14
Net GEX	66.8M	22.1M	90.0M	73.5M	90.0M
Net DEX	-1.65B	-3.70B	-199.4M	-2.43B	-2.50B
Net VEX	-10.9M	-11.8M	-9.5M	-9.5M	-10.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.35	2.15	0.60	0.70
Total Volume	216,080.048	81,179	620,939	84,185	151,221
Total OI	2,068,422.476	1,664,106	2,539,863	1,824,178	1,829,441

Daily Data (21 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
2018-01-02	$46.78	$45.00	25.2%	5.4%	22.3%	89.1%	19.2%	1.6%	-0.2%	73.5M	-2.43B	-9.5M	0.60	11.89	52,638	31,547	977,110	847,068
2018-01-03	$45.15	$45.00	28.6%	7.3%	26.0%	100.0%	26.2%	4.2%	-0.9%	53.6M	-1.55B	-10.1M	1.02	30.00	248,770	252,756	993,981	865,178
2018-01-04	$44.50	$42.00	31.6%	7.9%	24.9%	100.0%	28.6%	2.4%	-0.2%	51.5M	-1.18B	-10.8M	0.89	8.76	231,738	205,085	1,082,379	965,635
2018-01-05	$44.69	$42.00	27.8%	7.4%	24.9%	78.5%	27.1%	2.4%	-0.4%	60.3M	-1.45B	-11.1M	0.87	7.87	114,684	99,595	1,162,334	1,046,672
2018-01-08	$44.73	$42.00	27.6%	7.4%	24.7%	77.8%	26.3%	2.5%	-1.7%	66.2M	-1.44B	-10.8M	0.52	9.92	115,851	60,301	1,128,595	1,045,179
2018-01-09	$43.63	$42.00	29.2%	7.7%	26.4%	86.5%	28.6%	3.7%	-2.5%	51.0M	-808.0M	-10.7M	1.19	11.08	103,387	122,575	1,169,666	1,052,503
2018-01-10	$42.53	$42.00	29.2%	7.8%	27.9%	86.5%	27.7%	3.1%	-1.9%	22.1M	-199.4M	-10.6M	0.79	9.69	115,163	90,923	1,185,466	1,107,634
2018-01-11	$43.40	$42.00	29.4%	8.0%	28.8%	88.0%	27.9%	2.4%	-1.8%	43.0M	-725.4M	-11.1M	0.51	11.60	117,035	59,362	1,221,031	1,140,028
2018-01-12	$43.19	$43.00	29.7%	8.1%	28.9%	89.2%	28.3%	1.1%	-2.0%	53.8M	-636.0M	-11.3M	2.15	11.39	57,323	122,966	1,264,601	1,159,574
2018-01-16	$43.17	$43.00	30.0%	8.4%	28.9%	90.9%	29.4%	1.9%	-0.7%	45.7M	-544.5M	-11.5M	0.50	9.88	103,243	51,890	1,252,397	1,204,312
2018-01-17	$44.37	$43.00	29.1%	8.4%	28.7%	86.3%	29.1%	2.0%	-1.5%	80.5M	-1.42B	-11.8M	0.85	4.03	107,537	91,315	1,295,334	1,220,212
2018-01-18	$44.49	$43.00	28.1%	8.1%	25.1%	80.2%	28.8%	2.1%	-2.0%	86.4M	-1.35B	-11.6M	0.52	4.68	82,178	43,045	1,300,213	1,228,102
2018-01-19	$44.78	$43.00	28.4%	8.3%	24.6%	82.4%	29.3%	2.0%	-1.9%	58.5M	-1.46B	-11.6M	0.65	12.98	86,212	55,999	1,306,350	1,233,513
2018-01-22	$45.75	$43.00	27.1%	8.2%	25.4%	74.7%	29.0%	1.7%	-0.8%	77.5M	-1.78B	-11.4M	0.39	2.96	76,625	29,856	951,399	712,707
2018-01-23	$46.08	$43.00	27.0%	8.2%	25.2%	74.2%	29.3%	1.3%	-0.5%	85.3M	-2.00B	-11.3M	0.38	8.65	58,694	22,485	964,800	719,882
2018-01-24	$45.50	$43.00	27.5%	8.5%	25.5%	77.1%	30.0%	0.8%	-1.3%	77.6M	-1.74B	-11.4M	0.35	8.60	106,450	37,572	975,388	726,119
2018-01-25	$45.34	$43.00	27.6%	8.7%	25.3%	77.7%	31.0%	0.5%	-3.1%	73.4M	-1.64B	-11.4M	0.81	17.26	141,889	114,893	995,523	738,292
2018-01-26	$50.02	$43.00	26.3%	7.5%	43.3%	70.5%	27.2%	-0.1%	0.6%	86.0M	-3.70B	-9.7M	0.45	2.84	429,329	191,610	1,022,477	798,255
2018-01-29	$50.13	$43.00	25.1%	7.7%	43.3%	64.0%	27.6%	-1.7%	-0.2%	81.7M	-3.38B	-10.1M	0.43	10.62	130,648	56,728	999,263	767,759
2018-01-30	$48.81	$44.00	24.4%	7.5%	44.7%	59.8%	26.8%	-3.0%	-0.1%	85.8M	-2.80B	-10.6M	0.67	8.17	99,533	67,030	999,788	780,712
2018-01-31	$48.08	$44.00	23.3%	7.0%	45.0%	53.5%	25.1%	-0.8%	-0.0%	90.0M	-2.50B	-10.6M	0.70	11.03	88,698	62,523	1,029,618	799,823