INTC Options History — December 2018

In December 2018, INTC traded between $44.00 and $49.94. ATM implied volatility averaged 33.8%, placing in the 62.5% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 3.3% (HV 20d: 30.5%). Max pain ranged from $45.00 to $48.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.85.

Notable Days

2018-12-03: Highest Volume — 189,119 contracts
2018-12-04: Largest IV spike — 21.1% change
2018-12-24: Highest IV Rank — 100.0%
2018-12-24: Largest Expected Move — 11.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.02	$44.00	$49.94	$49.94	$46.82
Max Pain	$45.45	$45.00	$48.00	$48.00	$45.00
ATM IV	33.8%	23.4%	44.2%	23.4%	39.5%
Expected Move	9.4%	7.1%	11.8%	7.1%	9.4%
HV 20d	30.5%	26.4%	36.2%	27.0%	34.8%
HV 60d	32.9%	31.5%	34.5%	31.5%	33.4%
IV Rank	62.5%	21.5%	100.0%	21.5%	81.5%
IV Percentile	78.2%	26.6%	100.0%	26.6%	95.6%
Term Structure	0.9%	-1.7%	5.2%	0.5%	-0.6%
VWIV	33.2%	25.6%	40.9%	25.6%	32.3%
Skew 25d	5.9%	3.8%	8.2%	3.8%	6.7%
Skew 10d	11.6%	6.4%	16.5%	6.4%	14.1%
Call IV 25d	31.2%	21.7%	41.5%	21.7%	36.2%
Put IV 25d	37.0%	25.6%	49.7%	25.6%	42.9%
Bid-Ask Spread %	3.64	2.35	5.16	3.40	3.55
Gamma HHI	0.11	0.08	0.15	0.15	0.09
Net GEX	33.0M	-557.9K	80.0M	80.0M	29.8M
Net DEX	-727.9M	-1.96B	160.7M	-1.96B	-696.1M
Net VEX	-12.5M	-13.3M	-11.3M	-12.7M	-11.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.43	1.22	0.43	0.63
Total Volume	73,045.85	31,375	189,119	189,119	45,849
Total OI	1,771,162.6	1,637,090	1,857,939	1,701,157	1,698,261

Daily Data (20 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
2018-12-03	$49.94	$48.00	23.4%	7.1%	27.0%	21.5%	25.6%	3.8%	0.5%	80.0M	-1.96B	-12.7M	0.43	3.40	131,921	57,198	970,870	730,287
2018-12-04	$48.00	$48.00	28.3%	9.0%	30.5%	41.9%	31.1%	4.9%	-0.0%	48.2M	-1.08B	-13.3M	1.22	4.74	37,262	45,487	1,009,946	758,774
2018-12-05	$47.76	$48.00	28.5%	9.3%	30.0%	42.6%	32.4%	4.9%	0.3%	44.7M	-973.3M	-13.2M	1.17	5.16	39,280	46,129	1,009,946	758,774
2018-12-06	$48.22	$45.00	30.4%	8.6%	28.6%	50.3%	32.1%	4.8%	0.1%	48.5M	-1.18B	-13.3M	1.05	2.54	31,605	33,049	1,016,114	768,537
2018-12-07	$47.19	$45.00	31.3%	9.0%	29.4%	54.1%	30.5%	5.2%	0.0%	32.7M	-732.7M	-13.2M	0.70	3.16	18,447	12,928	1,019,053	776,309
2018-12-10	$47.25	$45.00	32.2%	9.2%	29.1%	58.0%	33.9%	5.9%	-0.4%	37.0M	-801.6M	-12.9M	1.10	2.99	32,877	36,189	1,005,559	762,521
2018-12-11	$47.58	$45.00	30.9%	8.7%	26.9%	52.5%	30.4%	5.1%	-0.9%	43.4M	-907.1M	-13.1M	0.86	2.71	39,138	33,717	1,016,202	781,740
2018-12-12	$48.01	$45.00	28.6%	8.3%	26.6%	42.9%	29.2%	4.7%	0.4%	52.7M	-1.08B	-13.1M	1.10	2.99	27,271	30,059	1,029,202	790,505
2018-12-13	$48.31	$45.00	27.8%	8.2%	26.7%	39.6%	29.3%	4.5%	1.0%	57.0M	-1.19B	-13.1M	0.64	3.05	31,753	20,414	1,034,005	802,581
2018-12-14	$47.97	$45.00	29.7%	8.5%	26.4%	46.8%	30.4%	5.2%	-0.1%	43.5M	-1.04B	-13.1M	0.76	2.82	48,764	37,037	1,038,407	806,511
2018-12-17	$46.72	$45.00	32.7%	9.3%	27.1%	59.4%	32.8%	5.4%	4.6%	23.7M	-514.3M	-12.5M	0.66	3.15	20,861	13,868	1,018,142	797,012
2018-12-18	$47.86	$45.00	31.8%	9.1%	27.9%	55.6%	31.9%	5.5%	4.2%	44.8M	-982.8M	-12.6M	1.02	2.35	24,556	25,082	1,021,672	799,004
2018-12-19	$45.51	$45.00	33.1%	9.5%	32.9%	60.9%	33.0%	5.7%	5.0%	3.6M	-7.8M	-11.8M	0.95	5.02	41,566	39,678	1,026,431	808,543
2018-12-20	$45.55	$45.00	36.6%	10.2%	32.9%	75.3%	36.8%	6.7%	5.2%	3.1M	-76.7M	-12.0M	1.08	4.14	36,414	39,218	1,038,406	802,152
2018-12-21	$45.09	$45.00	39.0%	10.7%	32.8%	85.7%	36.5%	7.1%	4.1%	-557.9K	77.2M	-11.9M	0.73	3.83	38,354	28,057	1,046,005	811,934
2018-12-24	$44.00	$45.00	44.2%	11.8%	32.9%	100.0%	40.9%	8.2%	-0.3%	3.7M	160.7M	-11.3M	0.89	4.27	21,234	18,859	920,141	716,949
2018-12-26	$45.84	$45.00	43.6%	10.9%	36.2%	97.6%	39.4%	7.4%	-1.5%	17.3M	-385.2M	-11.8M	0.49	4.81	55,569	27,426	926,309	716,961
2018-12-27	$46.11	$45.00	42.8%	10.8%	35.7%	94.3%	39.0%	7.7%	-1.4%	22.7M	-491.0M	-11.9M	0.65	3.63	57,610	37,526	949,506	724,854
2018-12-28	$46.75	$45.00	41.7%	10.3%	35.8%	90.1%	35.5%	7.7%	-1.7%	24.1M	-690.9M	-12.0M	0.79	4.42	55,152	43,513	972,808	742,319
2018-12-31	$46.82	$45.00	39.5%	9.4%	34.8%	81.5%	32.3%	6.7%	-0.6%	29.8M	-696.1M	-11.7M	0.63	3.55	28,122	17,727	968,647	729,614