INTC Options History — March 2018

In March 2018, INTC traded between $47.90 and $52.48. ATM implied volatility averaged 29.3%, placing in the 63.1% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded below realized volatility by 2.5% (HV 20d: 31.8%). Max pain ranged from $45.00 to $48.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.51.

Notable Days

2018-03-13: Highest Volume — 291,874 contracts
2018-03-22: Largest IV spike — 18.2% change
2018-03-28: Highest IV Rank — 100.0%
2018-03-28: Largest Expected Move — 10.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.88	$47.90	$52.48	$47.90	$51.61
Max Pain	$46.90	$45.00	$48.00	$46.00	$48.00
ATM IV	29.3%	24.3%	41.7%	30.4%	36.3%
Expected Move	8.1%	6.9%	10.0%	9.0%	8.7%
HV 20d	31.8%	28.1%	37.6%	36.9%	35.7%
HV 60d	36.0%	34.9%	38.8%	35.4%	38.8%
IV Rank	63.1%	43.7%	100.0%	68.9%	80.8%
IV Percentile	91.5%	78.6%	100.0%	98.8%	98.8%
Term Structure	1.3%	-1.8%	6.6%	0.2%	0.5%
VWIV	28.7%	24.9%	35.5%	31.4%	31.2%
Skew 25d	2.5%	1.1%	4.7%	2.9%	2.8%
Skew 10d	4.5%	1.6%	8.4%	2.9%	3.9%
Call IV 25d	28.6%	24.3%	39.3%	30.7%	35.6%
Put IV 25d	31.1%	25.4%	44.1%	33.5%	38.4%
Bid-Ask Spread %	7.76	2.75	13.09	6.49	11.10
Gamma HHI	0.14	0.12	0.17	0.14	0.12
Net GEX	85.5M	50.1M	111.3M	69.4M	91.2M
Net DEX	-2.95B	-3.91B	-1.97B	-2.00B	-2.81B
Net VEX	-12.8M	-13.7M	-12.3M	-13.1M	-13.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.51	0.24	0.89	0.42	0.48
Total Volume	147,788.762	92,322	291,874	185,224	132,705
Total OI	1,788,699.81	1,604,329	1,967,776	1,724,226	1,806,092

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
2018-03-01	$47.90	$46.00	30.4%	9.0%	36.9%	68.9%	31.4%	2.9%	0.2%	69.4M	-2.00B	-13.1M	0.42	6.49	130,008	55,216	1,038,963	685,263
2018-03-02	$49.01	$46.00	26.8%	7.9%	37.6%	53.9%	28.4%	4.1%	-0.5%	110.7M	-2.54B	-13.1M	0.88	6.75	97,322	85,683	1,078,412	695,574
2018-03-05	$49.78	$45.00	26.8%	7.6%	35.9%	54.1%	26.9%	2.5%	0.1%	92.0M	-2.87B	-12.9M	0.32	6.04	93,356	29,920	1,072,089	697,099
2018-03-06	$50.66	$45.00	27.7%	8.0%	34.2%	57.8%	28.2%	2.0%	-0.2%	92.6M	-3.26B	-12.6M	0.34	13.09	142,509	48,148	1,087,007	706,276
2018-03-07	$51.34	$46.00	28.0%	8.0%	34.1%	59.0%	28.6%	2.0%	-0.0%	95.3M	-3.54B	-12.6M	0.47	5.42	136,577	64,225	1,114,806	722,490
2018-03-08	$50.63	$47.00	27.8%	7.8%	34.8%	58.0%	27.5%	1.7%	-1.8%	99.8M	-3.22B	-13.0M	0.33	10.01	96,605	32,007	1,131,247	736,647
2018-03-09	$52.07	$47.00	25.7%	7.5%	28.3%	49.4%	26.5%	1.2%	-0.1%	111.3M	-3.91B	-12.3M	0.43	9.42	125,426	53,328	1,151,020	742,022
2018-03-12	$51.61	$47.00	26.5%	7.6%	28.7%	52.8%	27.2%	1.9%	0.2%	91.0M	-3.55B	-12.4M	0.38	7.69	94,702	36,124	1,126,337	733,988
2018-03-13	$51.74	$47.00	28.6%	8.2%	28.5%	61.5%	29.1%	1.7%	-0.1%	90.2M	-3.58B	-12.7M	0.24	6.44	235,858	56,016	1,144,079	743,352
2018-03-14	$51.82	$47.00	27.2%	7.7%	28.1%	55.7%	27.4%	1.7%	-0.2%	94.8M	-3.62B	-12.6M	0.38	5.62	74,805	28,600	1,163,417	759,506
2018-03-15	$50.94	$47.00	26.0%	7.6%	28.9%	50.8%	26.4%	1.5%	0.3%	93.4M	-3.27B	-12.7M	0.43	8.70	72,969	31,496	1,173,512	767,423
2018-03-16	$51.32	$47.00	24.3%	6.9%	28.9%	43.7%	24.9%	1.1%	-0.2%	80.0M	-3.48B	-12.4M	0.35	2.75	82,970	29,417	1,190,790	776,986
2018-03-19	$50.89	$47.00	26.5%	7.6%	29.1%	52.6%	26.8%	2.3%	5.2%	77.6M	-2.53B	-12.7M	0.62	12.13	78,895	49,141	994,184	610,145
2018-03-20	$51.56	$47.00	25.2%	7.2%	29.0%	47.5%	25.6%	1.5%	6.6%	85.1M	-2.79B	-12.4M	0.49	10.80	62,120	30,202	1,004,575	630,392
2018-03-21	$51.58	$47.00	25.3%	7.2%	28.7%	47.6%	26.2%	1.6%	6.0%	88.5M	-2.80B	-12.6M	0.64	4.56	57,215	36,797	1,019,003	641,718
2018-03-22	$50.96	$47.00	29.9%	8.3%	29.1%	66.6%	30.3%	3.1%	5.8%	77.2M	-2.53B	-13.1M	0.89	5.13	56,757	50,228	1,038,604	657,584
2018-03-23	$49.56	$48.00	32.8%	8.9%	28.4%	78.6%	31.2%	3.6%	5.4%	50.1M	-1.97B	-13.4M	0.85	10.88	72,827	61,911	1,044,328	680,646
2018-03-26	$52.48	$48.00	34.6%	8.5%	33.4%	86.2%	30.2%	3.7%	-0.3%	78.7M	-3.03B	-12.8M	0.40	5.44	95,738	38,176	1,021,916	683,998
2018-03-27	$51.26	$48.00	37.9%	9.4%	34.1%	99.6%	33.0%	3.9%	-0.4%	72.4M	-2.58B	-13.2M	0.55	6.59	110,183	60,713	1,039,272	694,449
2018-03-28	$49.75	$48.00	41.7%	10.0%	35.5%	100.0%	35.5%	4.7%	-0.2%	53.9M	-1.99B	-13.7M	0.72	7.92	102,865	73,804	1,054,910	702,575
2018-03-29	$51.61	$48.00	36.3%	8.7%	35.7%	80.8%	31.2%	2.8%	0.5%	91.2M	-2.81B	-13.2M	0.48	11.10	89,412	43,293	1,091,896	714,196