INTC Options History — September 2018

In September 2018, INTC traded between $44.82 and $48.05. ATM implied volatility averaged 25.0%, placing in the 36.7% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 4.2% (HV 20d: 20.7%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.81.

Notable Days

  • 2018-09-28: Highest Volume — 230,531 contracts
  • 2018-09-17: Largest IV spike — 10.1% change
  • 2018-09-26: Highest IV Rank — 50.5%
  • 2018-09-11: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.33$44.82$48.05$48.05$47.22
Max Pain$46.84$45.00$50.00$47.00$45.00
ATM IV25.0%22.2%29.6%22.3%29.1%
Expected Move6.6%6.2%7.2%6.4%6.2%
HV 20d20.7%18.4%23.6%21.1%23.6%
HV 60d27.4%26.6%28.3%27.9%27.2%
IV Rank36.7%27.8%50.5%28.4%48.6%
IV Percentile54.7%35.3%82.1%39.3%77.4%
Term Structure1.2%-1.4%5.7%0.1%-1.0%
VWIV23.2%21.9%26.0%22.5%22.1%
Skew 25d3.1%2.5%3.8%2.5%2.6%
Skew 10d6.1%5.1%7.5%5.7%5.1%
Call IV 25d23.6%20.8%28.6%21.5%28.6%
Put IV 25d26.8%23.8%31.4%23.9%31.2%
Bid-Ask Spread %2.921.719.649.641.92
Gamma HHI0.100.080.130.130.10
Net GEX7.7M-13.7M37.0M31.5M37.0M
Net DEX-255.9M-1.02B586.3M-680.9M-1.02B
Net VEX-11.8M-12.5M-11.2M-11.9M-12.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.411.490.570.41
Total Volume105,451.21153,052230,53156,564230,531
Total OI1,788,626.9471,603,1621,984,3581,729,9341,707,067

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-09-04$48.05$47.0022.3%6.4%21.1%28.4%22.5%2.5%0.1%31.5M-680.9M-11.9M0.579.6436,07020,494949,381780,553
2018-09-05$47.75$47.0022.7%6.5%20.7%29.9%22.9%3.0%0.1%24.1M-549.0M-11.9M1.373.5924,10733,136959,840787,093
2018-09-06$47.37$50.0023.9%6.9%20.7%34.1%24.2%3.5%0.1%11.4M-374.2M-11.6M0.901.8844,25039,632964,033791,240
2018-09-07$46.44$50.0024.6%7.1%21.0%36.7%24.1%3.8%-0.0%-3.7M19.6M-11.8M1.492.7345,18567,465972,279799,698
2018-09-10$46.29$50.0024.0%6.9%18.4%34.5%24.4%3.5%0.0%-10.1M56.8M-11.4M0.572.6155,43731,430937,237811,701
2018-09-11$45.03$50.0025.1%7.2%20.4%38.3%24.8%3.7%-0.0%-13.7M521.3M-11.2M1.073.0855,10759,094948,993812,947
2018-09-12$44.82$49.0024.6%7.1%20.3%36.5%24.3%3.3%0.1%-13.2M586.3M-11.2M0.932.4996,13389,646977,121825,432
2018-09-13$45.48$48.0023.7%6.8%20.8%33.5%26.0%3.0%0.0%-6.7M103.4M-11.7M0.901.99104,48594,4601,055,727871,102
2018-09-14$45.58$45.0022.2%6.4%20.8%27.8%22.7%3.2%0.4%-1.3M-8.0M-11.9M1.171.8835,12641,0691,080,695903,663
2018-09-17$45.41$46.0024.4%7.0%20.7%35.8%24.1%3.3%4.6%-9.1M114.8M-11.5M0.521.9361,37831,9211,000,486828,021
2018-09-18$46.28$46.0023.3%6.7%21.2%31.8%23.3%3.1%4.9%-1.5M-247.0M-12.0M0.422.3978,12332,5151,032,443840,919
2018-09-19$46.18$46.0023.0%6.6%19.1%30.6%22.9%3.0%5.4%3.6M-268.6M-11.8M0.661.7149,59432,6121,047,979839,129
2018-09-20$47.24$46.0023.0%6.3%20.5%29.9%21.9%3.0%5.6%15.8M-790.8M-12.0M0.461.8773,30733,5821,075,098854,228
2018-09-21$46.50$45.0024.4%6.4%21.3%34.4%21.9%2.8%5.7%20.4M-389.8M-11.8M0.682.3569,01647,2171,094,524855,776
2018-09-24$46.96$45.0026.7%6.3%20.7%41.4%22.2%3.2%-0.9%23.6M-766.0M-11.8M0.882.4929,85426,253867,798735,364
2018-09-25$46.06$45.0028.7%6.5%21.1%47.0%23.2%3.2%-0.9%15.3M-434.4M-11.9M0.881.7368,21860,354880,542738,930
2018-09-26$45.84$45.0029.6%6.3%21.0%50.5%22.1%3.2%-1.4%11.2M-367.1M-12.1M0.837.1829,42424,296905,312764,186
2018-09-27$45.79$45.0029.1%6.2%20.7%48.6%22.0%3.0%-0.8%10.9M-367.3M-12.1M0.732.1330,70222,350920,253767,122
2018-09-28$47.22$45.0029.1%6.2%23.6%48.6%22.1%2.6%-1.0%37.0M-1.02B-12.5M0.411.92163,44067,091934,136772,931