INTC Options History — May 2018

In May 2018, INTC traded between $52.32 and $55.81. ATM implied volatility averaged 24.6%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 0.6% (HV 20d: 25.2%). Max pain ranged from $46.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.69.

Notable Days

2018-05-03: Highest Volume — 181,487 contracts
2018-05-29: Largest IV spike — 11.5% change
2018-05-03: Highest IV Rank — 49.6%
2018-05-01: Largest Expected Move — 8.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.24	$52.32	$55.81	$53.26	$55.31
Max Pain	$48.09	$46.00	$50.00	$50.00	$48.00
ATM IV	24.6%	22.4%	27.9%	27.7%	23.4%
Expected Move	7.1%	6.3%	8.3%	8.3%	6.7%
HV 20d	25.2%	15.3%	32.9%	32.3%	15.3%
HV 60d	33.0%	30.6%	35.7%	35.7%	30.6%
IV Rank	38.0%	30.3%	49.6%	48.7%	33.7%
IV Percentile	64.4%	52.4%	81.7%	80.2%	58.3%
Term Structure	0.1%	-0.7%	0.7%	-0.0%	-0.6%
VWIV	25.3%	22.2%	29.9%	29.9%	23.9%
Skew 25d	2.5%	1.9%	3.2%	2.4%	2.8%
Skew 10d	4.9%	3.8%	6.6%	4.7%	5.5%
Call IV 25d	23.8%	21.4%	27.3%	26.9%	22.2%
Put IV 25d	26.3%	23.9%	29.9%	29.3%	25.0%
Bid-Ask Spread %	3.79	1.48	10.68	4.51	3.25
Gamma HHI	0.17	0.12	0.36	0.13	0.13
Net GEX	88.7M	54.5M	120.5M	100.9M	67.7M
Net DEX	-2.87B	-3.47B	-2.43B	-2.97B	-2.75B
Net VEX	-11.2M	-12.3M	-10.4M	-12.2M	-10.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.23	1.14	0.45	0.49
Total Volume	98,353.773	55,411	181,487	106,238	64,142
Total OI	1,655,159.409	1,433,861	1,799,854	1,778,731	1,609,148

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
2018-05-01	$53.26	$50.00	27.7%	8.3%	32.3%	48.7%	29.9%	2.4%	-0.0%	100.9M	-2.97B	-12.2M	0.45	4.51	73,354	32,884	1,080,885	697,846
2018-05-02	$52.50	$50.00	27.4%	8.3%	32.9%	47.7%	29.5%	2.3%	0.1%	93.4M	-2.63B	-12.2M	0.64	5.19	43,033	27,341	1,081,470	706,575
2018-05-03	$52.32	$46.00	27.9%	7.9%	32.9%	49.6%	28.9%	2.6%	-0.3%	92.7M	-2.53B	-12.3M	0.23	5.48	147,870	33,617	1,087,733	712,121
2018-05-04	$52.77	$48.00	26.6%	7.7%	30.5%	44.8%	27.0%	2.4%	0.1%	108.7M	-2.57B	-12.1M	0.50	4.69	77,922	38,787	1,045,172	719,381
2018-05-07	$53.33	$48.00	26.8%	7.8%	29.9%	45.6%	27.3%	2.5%	0.3%	94.1M	-2.75B	-11.8M	0.55	3.09	69,875	38,589	980,918	661,475
2018-05-08	$53.53	$48.00	26.4%	7.7%	28.8%	44.2%	26.7%	2.6%	0.6%	100.6M	-2.87B	-11.6M	0.57	2.35	35,249	20,162	1,000,904	664,556
2018-05-09	$54.15	$48.00	25.8%	7.3%	29.0%	42.2%	26.6%	2.4%	-0.2%	110.6M	-3.16B	-11.3M	0.52	2.19	50,569	26,404	1,009,285	669,112
2018-05-10	$54.85	$48.00	24.7%	7.1%	27.1%	38.5%	25.5%	1.9%	0.2%	117.4M	-3.47B	-11.0M	0.49	1.97	52,698	25,962	1,013,846	675,064
2018-05-11	$54.61	$48.00	23.9%	6.9%	26.3%	35.7%	25.2%	2.0%	0.2%	120.5M	-3.35B	-10.9M	0.75	1.54	64,558	48,711	1,017,694	681,992
2018-05-14	$54.94	$48.00	23.3%	6.7%	26.1%	33.5%	24.1%	1.9%	0.4%	114.3M	-3.41B	-10.4M	0.91	3.50	67,998	62,088	987,111	665,852
2018-05-15	$53.86	$48.00	24.6%	7.0%	26.2%	37.9%	25.7%	2.6%	0.5%	92.4M	-2.80B	-11.2M	1.08	2.54	46,611	50,399	1,014,340	700,616
2018-05-16	$54.50	$48.00	23.6%	6.8%	26.4%	34.5%	24.5%	2.5%	0.7%	105.5M	-3.08B	-10.9M	0.73	1.92	49,378	36,083	1,016,750	705,875
2018-05-17	$54.84	$48.00	23.1%	6.6%	23.8%	32.9%	23.7%	2.2%	0.3%	117.0M	-3.21B	-10.8M	0.90	10.68	60,164	53,884	1,017,207	708,953
2018-05-18	$53.85	$48.00	23.0%	6.5%	23.7%	32.3%	23.8%	2.3%	0.6%	54.5M	-2.78B	-10.7M	1.02	1.48	52,795	53,817	1,017,165	718,100
2018-05-21	$54.17	$48.00	23.4%	6.7%	23.5%	34.0%	22.7%	2.7%	0.1%	55.0M	-2.43B	-10.6M	0.71	7.27	97,747	69,755	819,143	614,718
2018-05-22	$54.48	$48.00	23.3%	6.6%	23.5%	33.5%	23.2%	2.5%	0.3%	60.8M	-2.54B	-10.7M	1.14	2.29	48,875	55,625	868,312	643,658
2018-05-23	$54.98	$48.00	22.9%	6.5%	23.5%	32.0%	23.1%	2.9%	0.1%	64.5M	-2.68B	-10.8M	0.95	5.75	35,948	34,043	879,826	651,857
2018-05-24	$54.75	$48.00	22.9%	6.6%	19.7%	32.1%	23.4%	2.6%	-0.1%	67.4M	-2.60B	-10.9M	0.61	2.95	45,780	28,139	888,472	664,350
2018-05-25	$55.27	$48.00	22.4%	6.3%	19.8%	30.3%	22.2%	2.5%	0.5%	74.3M	-2.81B	-10.7M	0.50	2.15	60,624	30,303	898,135	672,176
2018-05-29	$55.30	$48.00	25.0%	7.2%	18.0%	39.3%	25.8%	3.2%	-0.7%	64.9M	-2.73B	-11.0M	0.82	3.62	41,047	33,815	897,555	665,621
2018-05-30	$55.81	$48.00	23.0%	6.6%	15.9%	32.4%	23.6%	2.9%	-0.5%	73.6M	-2.97B	-10.4M	0.55	5.01	49,696	27,442	908,337	674,201
2018-05-31	$55.31	$48.00	23.4%	6.7%	15.3%	33.7%	23.9%	2.8%	-0.6%	67.7M	-2.75B	-10.9M	0.49	3.25	42,959	21,183	921,241	687,907