INTC Options History — November 2018

In November 2018, INTC traded between $46.54 and $48.94. ATM implied volatility averaged 28.8%, placing in the 46.7% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 7.8% (HV 20d: 36.5%). Max pain ranged from $46.00 to $47.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.75.

Notable Days

2018-11-01: Highest Volume — 135,949 contracts
2018-11-12: Largest IV spike — 15.2% change
2018-11-14: Highest IV Rank — 62.4%
2018-11-02: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.85	$46.54	$48.94	$48.16	$48.94
Max Pain	$47.00	$46.00	$47.50	$46.00	$47.50
ATM IV	28.8%	24.8%	32.7%	29.5%	25.8%
Expected Move	8.4%	7.4%	9.5%	9.2%	8.1%
HV 20d	36.5%	26.7%	40.1%	38.8%	27.3%
HV 60d	30.6%	29.7%	31.6%	30.0%	31.6%
IV Rank	46.7%	30.3%	62.4%	50.0%	32.4%
IV Percentile	63.7%	35.7%	82.5%	71.4%	42.1%
Term Structure	-0.4%	-1.5%	0.7%	-0.1%	-0.8%
VWIV	29.2%	26.3%	32.8%	32.2%	28.6%
Skew 25d	5.4%	4.2%	6.3%	6.3%	4.2%
Skew 10d	10.9%	8.4%	12.7%	11.9%	8.8%
Call IV 25d	26.4%	23.4%	29.6%	27.1%	24.2%
Put IV 25d	31.8%	27.6%	35.8%	33.4%	28.4%
Bid-Ask Spread %	3.18	2.32	4.65	4.65	2.98
Gamma HHI	0.13	0.10	0.24	0.12	0.20
Net GEX	57.6M	29.6M	91.0M	64.0M	89.1M
Net DEX	-1.19B	-1.76B	-602.5M	-1.42B	-1.57B
Net VEX	-13.6M	-14.3M	-12.7M	-14.3M	-13.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.75	0.32	1.35	0.54	0.52
Total Volume	74,512.81	41,589	135,949	135,949	93,843
Total OI	1,748,736.476	1,639,063	1,860,872	1,812,911	1,707,039

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
2018-11-01	$48.16	$46.00	29.5%	9.2%	38.8%	50.0%	32.2%	6.3%	-0.1%	64.0M	-1.42B	-14.3M	0.54	4.65	88,049	47,900	1,008,235	804,676
2018-11-02	$47.23	$46.00	30.6%	9.5%	38.7%	54.2%	32.3%	6.0%	0.1%	47.0M	-1.01B	-14.3M	0.68	4.16	44,674	30,237	1,035,844	825,028
2018-11-05	$47.95	$47.00	30.3%	8.6%	39.0%	53.3%	30.3%	6.0%	-0.3%	51.0M	-1.23B	-14.2M	0.57	3.18	44,609	25,446	980,756	769,517
2018-11-06	$47.24	$47.00	30.4%	8.5%	39.3%	53.5%	29.0%	5.6%	-0.3%	47.6M	-1.00B	-14.2M	0.90	3.03	31,440	28,375	990,605	778,417
2018-11-07	$48.53	$47.00	26.2%	7.4%	37.9%	37.1%	27.0%	5.2%	-0.6%	73.0M	-1.58B	-13.9M	0.70	2.90	45,868	32,006	1,003,157	783,301
2018-11-08	$48.91	$47.00	25.9%	7.4%	37.6%	36.3%	26.3%	5.1%	-0.1%	80.6M	-1.76B	-13.9M	0.42	3.14	80,522	33,649	1,012,463	789,467
2018-11-09	$48.27	$47.00	26.8%	7.8%	38.1%	39.5%	27.6%	5.1%	0.7%	70.3M	-1.46B	-14.0M	0.70	3.08	33,452	23,560	1,030,540	797,385
2018-11-12	$46.78	$47.00	30.9%	8.7%	40.1%	55.3%	31.1%	5.5%	-0.2%	41.6M	-809.9M	-13.8M	1.20	2.89	27,659	33,148	1,007,907	778,522
2018-11-13	$47.43	$47.00	31.2%	8.9%	39.3%	56.8%	30.1%	5.6%	-0.2%	49.7M	-1.03B	-14.1M	0.57	3.16	40,836	23,440	1,012,642	791,312
2018-11-14	$47.39	$47.00	32.7%	9.2%	39.3%	62.4%	32.8%	6.2%	-0.7%	50.2M	-1.03B	-14.0M	1.35	3.64	25,149	33,917	1,021,606	793,050
2018-11-15	$48.07	$47.00	30.6%	8.7%	38.8%	54.2%	31.1%	5.8%	-0.3%	60.3M	-1.33B	-13.9M	0.79	3.64	34,904	27,641	1,025,780	799,376
2018-11-16	$48.91	$47.00	28.0%	8.0%	38.2%	44.0%	28.5%	5.3%	-0.0%	91.0M	-1.76B	-13.7M	0.40	2.42	77,033	30,998	1,028,294	805,269
2018-11-19	$47.99	$47.00	30.9%	8.8%	38.7%	55.4%	30.1%	6.0%	-1.1%	49.8M	-1.18B	-13.6M	0.93	3.09	37,491	34,844	935,826	703,237
2018-11-20	$47.40	$47.00	31.7%	9.1%	38.7%	58.7%	31.4%	5.9%	-0.6%	41.2M	-935.3M	-13.7M	1.13	2.60	35,159	39,820	946,039	715,094
2018-11-21	$47.16	$47.00	28.9%	8.3%	37.0%	47.9%	27.3%	5.4%	-0.8%	41.8M	-844.3M	-13.2M	0.71	3.36	33,336	23,768	955,704	719,548
2018-11-23	$46.54	$47.00	29.6%	8.6%	36.3%	50.4%	29.7%	5.5%	-1.5%	29.6M	-602.5M	-13.1M	1.27	3.67	18,349	23,240	965,752	726,181
2018-11-26	$47.34	$47.00	26.9%	7.9%	35.6%	39.6%	26.8%	4.8%	-0.2%	48.4M	-908.5M	-12.7M	0.55	2.32	46,988	25,801	941,676	706,671
2018-11-27	$47.96	$47.50	26.3%	7.9%	34.1%	36.3%	26.9%	4.9%	-0.0%	56.9M	-1.13B	-13.0M	0.32	2.59	72,107	22,733	946,934	716,403
2018-11-28	$48.70	$47.50	24.8%	7.7%	26.7%	30.3%	27.1%	4.2%	0.1%	68.2M	-1.43B	-12.9M	0.74	3.15	34,506	25,565	952,929	719,980
2018-11-29	$47.89	$47.50	25.9%	7.9%	27.3%	33.3%	27.4%	4.4%	-0.3%	58.9M	-1.08B	-13.0M	0.70	3.03	30,960	21,747	964,031	727,273
2018-11-30	$48.94	$47.50	25.8%	8.1%	27.3%	32.4%	28.6%	4.2%	-0.8%	89.1M	-1.57B	-13.0M	0.52	2.98	61,714	32,129	972,937	734,102