INTC Options History — February 2018

In February 2018, INTC traded between $43.11 and $50.04. ATM implied volatility averaged 27.6%, placing in the 62.4% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded below realized volatility by 17.6% (HV 20d: 45.2%). Max pain ranged from $45.00 to $46.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.50.

Notable Days

2018-02-05: Highest Volume — 307,338 contracts
2018-02-08: Largest IV spike — 41.3% change
2018-02-08: Highest IV Rank — 100.0%
2018-02-09: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$46.12	$43.11	$50.04	$47.56	$49.40
Max Pain	$45.37	$45.00	$46.00	$46.00	$46.00
ATM IV	27.6%	22.9%	38.0%	22.9%	26.7%
Expected Move	7.7%	6.5%	9.4%	6.5%	8.0%
HV 20d	45.2%	35.6%	49.4%	43.1%	35.6%
HV 60d	32.9%	29.9%	34.8%	29.9%	34.8%
IV Rank	62.4%	43.4%	100.0%	51.3%	53.7%
IV Percentile	92.2%	83.3%	100.0%	85.3%	89.7%
Term Structure	-0.7%	-6.4%	2.8%	0.3%	-0.5%
VWIV	27.5%	22.8%	32.8%	22.8%	28.4%
Skew 25d	3.5%	-0.2%	16.8%	-0.2%	2.1%
Skew 10d	5.3%	-0.6%	10.9%	-0.6%	7.7%
Call IV 25d	27.0%	23.4%	39.6%	23.4%	26.5%
Put IV 25d	30.5%	23.2%	51.4%	23.2%	28.6%
Bid-Ask Spread %	12.88	2.76	22.63	13.77	5.88
Gamma HHI	0.12	0.08	0.17	0.15	0.17
Net GEX	54.3M	-670.8K	99.8M	99.8M	80.1M
Net DEX	-1.45B	-2.85B	-165.2M	-2.26B	-2.62B
Net VEX	-12.1M	-12.6M	-10.8M	-10.8M	-12.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.27	1.02	0.37	0.29
Total Volume	147,261.684	63,040	307,338	120,837	169,562
Total OI	1,788,671.105	1,523,385	1,986,030	1,856,625	1,684,018

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
2018-02-01	$47.56	$46.00	22.9%	6.5%	43.1%	51.3%	22.8%	-0.2%	0.3%	99.8M	-2.26B	-10.8M	0.37	13.77	87,994	32,843	1,048,299	808,326
2018-02-02	$46.15	$46.00	25.3%	7.2%	44.2%	64.7%	25.1%	0.4%	-0.1%	54.1M	-1.47B	-11.4M	0.36	4.25	170,672	60,830	1,072,082	816,408
2018-02-05	$44.89	$46.00	29.0%	8.7%	45.4%	85.4%	30.3%	1.1%	2.8%	35.3M	-882.5M	-11.8M	0.27	15.37	242,169	65,169	1,003,177	779,881
2018-02-06	$44.73	$46.00	30.0%	8.2%	45.5%	90.9%	29.5%	3.0%	-1.4%	28.6M	-783.9M	-12.1M	0.46	9.80	124,739	57,737	1,003,455	812,494
2018-02-07	$45.39	$46.00	26.9%	7.8%	44.8%	73.7%	27.8%	2.6%	0.7%	46.7M	-1.12B	-12.3M	0.44	19.05	78,509	34,392	1,036,041	829,483
2018-02-08	$43.11	$46.00	38.0%	9.3%	47.7%	100.0%	31.9%	5.6%	-6.4%	-670.8K	-165.2M	-12.2M	0.56	22.63	94,371	52,730	1,042,843	835,941
2018-02-09	$44.00	$45.00	35.6%	9.4%	47.7%	90.0%	32.8%	16.8%	-3.9%	24.6M	-572.5M	-12.6M	0.72	8.26	84,478	61,131	1,078,523	847,237
2018-02-12	$44.79	$45.00	28.1%	8.0%	48.1%	59.3%	28.1%	4.6%	-0.1%	39.1M	-944.6M	-12.3M	0.64	15.52	74,836	48,202	1,050,430	847,378
2018-02-13	$44.45	$45.00	27.4%	7.9%	48.2%	56.3%	27.2%	3.9%	-0.7%	33.0M	-788.3M	-12.3M	1.02	13.64	31,251	31,789	1,066,734	867,688
2018-02-14	$45.44	$45.00	26.4%	7.6%	47.8%	52.1%	25.9%	2.9%	-0.5%	58.1M	-1.24B	-12.3M	0.34	2.76	86,689	29,188	1,071,284	871,306
2018-02-15	$45.85	$45.00	25.2%	7.2%	47.9%	47.4%	25.5%	2.9%	-0.1%	78.3M	-1.53B	-12.5M	0.52	8.62	56,972	29,681	1,111,353	874,677
2018-02-16	$45.64	$45.00	24.3%	6.9%	47.9%	43.8%	24.3%	2.9%	0.3%	48.1M	-1.37B	-12.3M	0.53	11.90	66,749	35,365	1,093,254	881,487
2018-02-20	$46.35	$45.00	29.1%	7.7%	47.6%	63.5%	28.0%	4.5%	-2.4%	55.9M	-1.49B	-12.3M	0.27	18.68	113,758	30,896	907,167	616,218
2018-02-21	$46.04	$45.00	27.1%	7.6%	47.6%	55.1%	28.1%	3.4%	-0.2%	59.2M	-1.41B	-12.4M	0.54	15.92	81,534	43,651	947,123	629,241
2018-02-22	$45.81	$45.00	25.4%	7.4%	47.4%	48.3%	26.3%	3.1%	-0.1%	55.2M	-1.32B	-12.5M	0.95	13.95	44,826	42,806	960,432	655,459
2018-02-23	$47.68	$45.00	24.2%	6.9%	49.4%	43.4%	25.1%	2.5%	-0.4%	76.1M	-2.13B	-12.2M	0.51	19.28	104,829	53,047	974,987	647,513
2018-02-26	$49.03	$45.00	25.4%	7.1%	35.8%	48.2%	26.0%	1.6%	-0.1%	80.5M	-2.52B	-11.8M	0.34	15.97	101,574	34,944	954,739	642,761
2018-02-27	$50.04	$45.00	27.8%	7.9%	36.6%	58.1%	28.5%	3.1%	-0.9%	78.9M	-2.85B	-11.7M	0.34	9.51	177,771	60,288	964,791	650,521
2018-02-28	$49.40	$46.00	26.7%	8.0%	35.6%	53.7%	28.4%	2.1%	-0.5%	80.1M	-2.62B	-12.3M	0.29	5.88	131,719	37,843	1,006,798	677,220