INTC Options History — August 2018

In August 2018, INTC traded between $46.49 and $50.44. ATM implied volatility averaged 21.1%, placing in the 24.3% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 11.5% (HV 20d: 32.7%). Max pain ranged from $47.00 to $51.00. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.95.

Notable Days

2018-08-23: Highest Volume — 174,537 contracts
2018-08-10: Largest IV spike — 10.2% change
2018-08-01: Highest IV Rank — 33.2%
2018-08-01: Largest Expected Move — 6.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.38	$46.49	$50.44	$48.83	$48.49
Max Pain	$49.17	$47.00	$51.00	$51.00	$47.00
ATM IV	21.1%	18.8%	23.6%	23.6%	21.1%
Expected Move	6.1%	5.4%	6.8%	6.8%	6.0%
HV 20d	32.7%	20.8%	38.4%	37.2%	21.0%
HV 60d	27.8%	27.3%	28.4%	27.5%	27.9%
IV Rank	24.3%	15.8%	33.2%	33.2%	24.0%
IV Percentile	32.9%	21.4%	50.4%	50.4%	29.8%
Term Structure	0.1%	-0.5%	0.5%	-0.5%	0.3%
VWIV	21.5%	19.0%	24.4%	24.4%	20.6%
Skew 25d	2.6%	2.1%	3.4%	2.9%	2.6%
Skew 10d	5.4%	4.3%	7.5%	6.1%	5.6%
Call IV 25d	20.2%	17.7%	22.8%	22.8%	19.9%
Put IV 25d	22.8%	19.9%	25.7%	25.7%	22.5%
Bid-Ask Spread %	3.67	1.57	10.28	9.45	5.70
Gamma HHI	0.11	0.08	0.15	0.08	0.13
Net GEX	18.3M	-8.4M	53.1M	22.3M	53.1M
Net DEX	-505.0M	-1.08B	70.7M	-504.7M	-915.4M
Net VEX	-11.8M	-12.3M	-11.3M	-12.3M	-12.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.40	1.98	0.57	0.91
Total Volume	96,544.478	62,802	174,537	73,124	63,898
Total OI	1,647,372.522	1,524,423	1,775,088	1,641,134	1,775,088

Daily Data (23 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
2018-08-01	$48.83	$51.00	23.6%	6.8%	37.2%	33.2%	24.4%	2.9%	-0.5%	22.3M	-504.7M	-12.3M	0.57	9.45	46,447	26,677	931,909	709,225
2018-08-02	$49.43	$51.00	22.6%	6.5%	36.2%	29.8%	23.1%	2.4%	-0.4%	23.3M	-691.0M	-12.2M	0.60	2.16	54,278	32,300	933,564	718,933
2018-08-03	$49.49	$51.00	21.8%	6.1%	35.9%	26.9%	22.4%	2.4%	-0.2%	15.3M	-729.4M	-12.1M	0.44	3.93	73,117	32,029	944,057	725,107
2018-08-06	$49.23	$50.00	21.5%	6.2%	35.7%	25.7%	21.8%	2.2%	0.1%	20.3M	-584.8M	-12.0M	0.63	3.63	41,798	26,176	869,306	701,727
2018-08-07	$49.74	$50.00	19.7%	5.8%	35.8%	19.2%	20.3%	2.2%	0.2%	27.3M	-783.0M	-11.9M	0.51	1.87	52,492	26,693	878,241	703,821
2018-08-08	$49.94	$50.00	19.7%	5.7%	35.6%	19.1%	20.3%	2.2%	0.2%	33.2M	-873.5M	-11.8M	1.89	4.10	40,328	76,257	886,676	707,800
2018-08-09	$50.44	$50.00	18.8%	5.4%	35.2%	15.8%	19.0%	2.3%	0.1%	41.0M	-1.08B	-11.7M	1.21	2.03	55,942	67,551	899,274	718,628
2018-08-10	$48.88	$50.00	20.7%	6.0%	36.8%	22.6%	20.4%	3.1%	0.1%	9.8M	-407.1M	-11.9M	1.05	10.28	77,706	81,237	905,905	724,572
2018-08-13	$48.55	$50.00	21.1%	6.1%	36.8%	24.2%	23.0%	3.0%	0.1%	6.1M	-361.5M	-11.5M	1.11	2.07	45,414	50,324	900,326	717,932
2018-08-14	$48.19	$50.00	21.8%	6.2%	36.8%	26.7%	22.1%	3.3%	-0.1%	3.0M	-246.7M	-11.5M	1.98	6.39	40,649	80,611	915,466	721,501
2018-08-15	$47.44	$50.00	23.2%	6.7%	37.1%	31.4%	22.8%	3.4%	0.1%	-6.5M	27.9M	-11.4M	1.24	2.28	46,594	57,605	926,883	733,006
2018-08-16	$47.16	$50.00	21.8%	6.3%	37.0%	26.5%	22.2%	3.1%	0.3%	-7.8M	53.5M	-11.4M	1.20	1.87	33,725	40,436	943,017	737,010
2018-08-17	$47.29	$50.00	20.5%	5.9%	37.0%	22.0%	21.1%	3.4%	0.3%	-8.4M	25.8M	-11.5M	1.33	1.57	51,766	69,033	954,614	743,631
2018-08-20	$46.49	$49.00	21.9%	6.3%	36.8%	26.9%	21.6%	3.1%	-0.1%	-1.0M	70.7M	-11.3M	0.68	1.68	51,527	35,005	825,666	698,757
2018-08-21	$47.63	$49.00	20.6%	5.9%	38.3%	22.3%	21.0%	2.5%	0.2%	11.0M	-333.0M	-11.7M	0.59	1.70	57,736	33,852	835,227	710,227
2018-08-22	$47.07	$49.00	21.1%	6.1%	38.4%	24.2%	21.0%	2.3%	0.1%	12.6M	-127.3M	-11.7M	1.79	2.80	31,296	56,060	858,291	716,368
2018-08-23	$46.91	$49.00	21.0%	6.0%	38.4%	23.8%	22.5%	2.3%	-0.1%	11.4M	-113.4M	-11.6M	0.96	2.46	89,191	85,346	868,360	720,537
2018-08-24	$47.70	$47.00	20.3%	5.8%	21.2%	21.2%	20.9%	2.4%	-0.0%	24.5M	-563.0M	-12.2M	0.60	1.88	45,493	27,095	924,501	778,370
2018-08-27	$48.26	$47.00	21.0%	6.0%	21.5%	23.8%	20.8%	2.5%	0.3%	20.3M	-771.5M	-12.1M	0.40	3.10	84,141	33,653	911,293	773,047
2018-08-28	$48.50	$47.00	20.7%	6.0%	21.4%	22.6%	20.9%	2.1%	0.5%	38.4M	-930.4M	-12.2M	0.51	2.72	41,664	21,138	954,055	784,545
2018-08-29	$48.82	$47.00	20.2%	5.8%	20.9%	20.7%	20.9%	2.3%	0.3%	44.3M	-1.06B	-12.1M	0.99	5.22	32,664	32,467	956,465	787,953
2018-08-30	$48.20	$47.00	21.5%	6.1%	20.8%	25.4%	21.1%	2.3%	-0.0%	28.4M	-721.5M	-12.3M	0.69	5.54	41,968	29,144	959,679	799,008
2018-08-31	$48.49	$47.00	21.1%	6.0%	21.0%	24.0%	20.6%	2.6%	0.3%	53.1M	-915.4M	-12.1M	0.91	5.70	33,497	30,401	968,247	806,841