INTC Options History — April 2018

In April 2018, INTC traded between $48.90 and $53.98. ATM implied volatility averaged 36.2%, placing in the 78.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 4.4% (HV 20d: 40.6%). Max pain ranged from $48.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.61.

Notable Days

  • 2018-04-27: Highest Volume — 431,969 contracts
  • 2018-04-27: Largest IV drop — 18.3% change
  • 2018-04-02: Highest IV Rank — 100.0%
  • 2018-04-24: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.43$48.90$53.98$48.98$51.84
Max Pain$49.10$48.00$50.00$48.00$50.00
ATM IV36.2%28.2%42.4%42.4%28.2%
Expected Move10.1%8.5%11.1%11.0%8.5%
HV 20d40.6%31.4%44.9%40.1%31.4%
HV 60d39.0%35.5%40.8%39.7%36.0%
IV Rank78.5%50.5%100.0%100.0%50.5%
IV Percentile95.0%83.3%100.0%100.0%83.3%
Term Structure-1.7%-2.5%-0.0%-2.5%-0.0%
VWIV35.3%30.0%38.4%38.2%30.0%
Skew 25d3.6%2.4%5.6%5.6%2.7%
Skew 10d6.9%3.5%16.0%16.0%5.4%
Call IV 25d34.5%27.3%39.0%39.0%27.3%
Put IV 25d38.1%29.9%44.6%44.6%29.9%
Bid-Ask Spread %5.622.1313.0110.682.81
Gamma HHI0.140.100.200.140.13
Net GEX88.4M58.7M119.4M58.7M81.2M
Net DEX-2.69B-4.00B-1.70B-1.79B-2.35B
Net VEX-13.0M-13.7M-11.9M-13.6M-12.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.341.050.540.55
Total Volume147,797.47660,205431,969279,456126,652
Total OI1,886,9521,612,8012,047,6031,784,8861,763,788

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$48.98$48.0042.4%11.0%40.1%100.0%38.2%5.6%-2.5%58.7M-1.79B-13.6M0.5410.68181,74797,7091,086,537698,349
2018-04-03$49.69$48.0040.5%10.3%40.0%93.4%36.4%5.1%-2.5%72.5M-2.10B-13.7M0.492.8584,26241,7031,136,544730,310
2018-04-04$50.13$48.0038.8%9.7%39.6%87.5%34.3%4.2%-2.5%81.5M-2.28B-13.6M0.408.0796,09238,2101,142,832743,381
2018-04-05$50.45$48.0037.8%9.9%39.4%84.0%35.7%4.2%-2.3%91.2M-2.44B-13.7M1.054.2451,15253,8091,166,244753,383
2018-04-06$48.90$48.0040.0%10.4%40.6%91.8%36.5%4.7%-2.1%59.7M-1.70B-13.7M0.926.6660,60755,9901,167,467773,474
2018-04-09$49.98$48.0040.3%10.8%40.1%92.7%37.0%4.2%-2.2%73.9M-2.21B-13.6M0.593.7993,72255,2621,142,229757,598
2018-04-10$51.23$49.0039.1%10.7%41.1%88.4%36.9%4.1%-1.4%89.9M-2.75B-13.6M0.586.6877,98745,1041,164,599777,051
2018-04-11$51.14$49.0038.2%10.6%41.1%85.5%36.5%4.1%-1.1%94.4M-2.75B-13.5M0.887.7831,95728,2481,190,001796,560
2018-04-12$52.81$49.0036.6%10.2%42.7%79.9%35.1%3.9%-1.4%111.0M-3.54B-13.0M0.442.74104,35845,7331,192,411801,098
2018-04-13$51.88$49.0036.1%10.0%42.7%78.3%34.9%3.7%-2.0%119.4M-3.10B-13.2M0.545.8561,07033,1121,205,393812,086
2018-04-16$52.48$49.0033.2%9.4%42.8%68.1%33.1%2.8%-1.3%111.6M-3.33B-12.5M0.823.1346,60038,0331,183,200798,547
2018-04-17$53.60$49.0032.8%9.4%43.2%66.7%32.4%2.7%-1.6%118.8M-3.85B-12.1M0.603.3774,47244,9221,188,294808,284
2018-04-18$53.98$49.0032.0%9.2%43.1%63.9%33.1%2.6%-1.0%116.5M-4.00B-11.9M0.532.1372,70738,8021,190,597821,061
2018-04-19$52.35$50.0034.8%10.0%44.6%73.4%35.5%3.0%-1.3%101.8M-3.22B-12.4M0.6513.0174,78948,4031,197,959833,186
2018-04-20$51.39$50.0035.3%10.3%44.9%75.4%36.2%3.2%-1.3%64.1M-2.78B-12.7M0.534.9297,25351,2591,213,011834,592
2018-04-23$51.03$50.0034.8%10.4%43.8%73.7%35.6%2.9%-1.7%71.0M-2.15B-12.6M0.493.2474,44036,4771,001,943610,858
2018-04-24$51.19$50.0037.0%11.1%38.6%81.3%38.2%3.5%-1.9%72.1M-2.20B-12.9M0.627.9287,15653,7941,032,066630,616
2018-04-25$51.05$50.0036.4%11.0%37.7%79.2%37.7%3.0%-1.9%70.2M-2.12B-12.8M0.603.7960,99136,7391,048,041651,499
2018-04-26$53.05$50.0036.2%11.0%38.3%78.5%38.4%3.2%-2.2%86.5M-2.89B-12.7M0.627.10167,414103,0411,066,954669,018
2018-04-27$52.89$50.0029.6%8.6%36.2%55.5%30.2%2.4%-1.2%110.3M-2.87B-12.4M0.347.23321,827110,1421,115,848729,083
2018-04-30$51.84$50.0028.2%8.5%31.4%50.5%30.0%2.7%-0.0%81.2M-2.35B-12.5M0.552.8181,89744,7551,073,217690,571