INTC Options History — January 2019

In January 2019, INTC traded between $44.70 and $49.72. ATM implied volatility averaged 32.9%, placing in the 55.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 5.7% (HV 20d: 38.5%). Max pain ranged from $45.00 to $48.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.70.

Notable Days

2019-01-25: Highest Volume — 424,333 contracts
2019-01-25: Largest IV drop — 25.4% change
2019-01-03: Highest IV Rank — 89.8%
2019-01-03: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.75	$44.70	$49.72	$47.00	$47.12
Max Pain	$46.71	$45.00	$48.00	$45.00	$47.00
ATM IV	32.9%	24.3%	41.6%	38.7%	24.3%
Expected Move	9.3%	6.9%	11.5%	9.2%	7.1%
HV 20d	38.5%	33.6%	40.9%	33.8%	40.5%
HV 60d	34.9%	33.2%	36.4%	33.2%	33.9%
IV Rank	55.4%	21.5%	89.8%	78.3%	21.5%
IV Percentile	70.1%	24.2%	97.6%	93.7%	24.2%
Term Structure	-1.2%	-2.6%	0.5%	-0.9%	0.5%
VWIV	32.5%	24.7%	40.7%	33.1%	24.7%
Skew 25d	6.1%	3.1%	7.5%	6.4%	3.1%
Skew 10d	11.7%	6.5%	14.1%	12.4%	6.6%
Call IV 25d	30.2%	23.1%	39.3%	36.0%	23.2%
Put IV 25d	36.3%	26.3%	46.2%	42.4%	26.3%
Bid-Ask Spread %	2.65	2.03	3.72	3.56	2.03
Gamma HHI	0.10	0.07	0.15	0.09	0.08
Net GEX	41.4M	2.5M	85.5M	33.4M	36.6M
Net DEX	-813.6M	-1.56B	43.2M	-748.3M	-306.6M
Net VEX	-11.1M	-11.7M	-10.5M	-11.4M	-11.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.70	0.21	1.29	1.12	0.64
Total Volume	111,377.238	29,302	424,333	52,289	143,948
Total OI	1,623,076.952	1,141,379	1,840,253	1,713,543	1,507,013

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
2019-01-02	$47.00	$45.00	38.7%	9.2%	33.8%	78.3%	33.1%	6.4%	-0.9%	33.4M	-748.3M	-11.4M	1.12	3.56	24,719	27,570	973,731	739,812
2019-01-03	$44.70	$46.00	41.6%	11.5%	35.5%	89.8%	40.7%	7.0%	-1.2%	2.5M	42.3M	-10.9M	0.99	3.25	41,860	41,556	979,705	748,837
2019-01-04	$47.17	$46.00	38.9%	10.5%	40.9%	79.1%	36.8%	7.0%	-0.9%	37.6M	-863.6M	-11.5M	0.65	2.62	70,430	45,728	991,548	755,217
2019-01-07	$47.64	$46.00	37.7%	10.2%	40.9%	74.4%	36.8%	6.8%	-1.9%	41.0M	-997.2M	-11.3M	0.68	2.36	20,906	14,295	979,722	748,954
2019-01-08	$47.64	$46.00	36.7%	10.0%	40.2%	70.3%	36.3%	6.8%	-1.6%	44.6M	-1.02B	-11.4M	0.78	2.48	28,329	22,017	1,013,299	759,587
2019-01-09	$47.99	$46.00	36.6%	9.9%	40.2%	70.1%	34.5%	6.9%	-1.8%	53.6M	-1.16B	-11.4M	0.52	2.11	43,326	22,700	1,021,893	767,987
2019-01-10	$48.59	$46.00	35.2%	9.6%	40.4%	64.6%	35.7%	7.2%	-2.1%	67.6M	-1.40B	-11.4M	1.29	2.42	39,137	50,457	1,028,492	772,003
2019-01-11	$48.91	$46.00	34.5%	9.4%	40.3%	61.7%	33.0%	6.6%	-2.6%	85.5M	-1.56B	-11.4M	0.55	2.70	61,993	34,314	1,039,265	783,916
2019-01-14	$48.41	$46.00	33.9%	9.5%	40.5%	59.2%	32.9%	6.9%	-0.8%	60.8M	-1.26B	-11.1M	0.79	2.25	19,051	14,964	1,031,104	775,730
2019-01-15	$48.59	$46.00	32.2%	9.2%	40.4%	52.7%	32.5%	6.7%	-1.1%	67.9M	-1.35B	-10.9M	1.03	2.35	28,324	29,271	1,031,931	778,303
2019-01-16	$48.20	$47.00	34.1%	9.8%	39.3%	60.3%	33.9%	6.6%	-2.0%	55.5M	-1.18B	-10.8M	0.61	2.49	36,068	22,074	1,037,862	783,179
2019-01-17	$48.49	$47.00	33.7%	9.8%	38.4%	58.6%	34.5%	6.8%	-1.9%	52.4M	-1.28B	-10.8M	0.91	3.09	33,664	30,742	1,042,769	793,017
2019-01-18	$49.15	$47.00	31.5%	9.2%	33.6%	50.1%	31.0%	6.7%	-1.3%	43.9M	-1.56B	-10.8M	0.30	2.30	97,828	29,798	1,037,519	802,734
2019-01-22	$48.09	$47.00	34.4%	10.7%	34.8%	61.4%	36.2%	7.5%	-1.9%	28.6M	-475.8M	-10.9M	0.67	3.72	49,506	33,248	668,404	472,975
2019-01-23	$47.93	$48.00	34.4%	10.7%	34.5%	61.4%	33.8%	6.9%	-1.7%	28.1M	-444.3M	-10.9M	0.30	2.33	103,982	31,484	691,425	491,548
2019-01-24	$49.72	$48.00	32.6%	10.5%	34.9%	54.2%	34.7%	7.0%	-1.1%	55.8M	-1.00B	-11.7M	0.36	2.91	280,853	102,340	761,817	507,441
2019-01-25	$46.72	$48.00	24.3%	7.1%	40.0%	21.7%	25.0%	3.6%	0.4%	5.7M	43.2M	-10.5M	0.70	2.58	250,232	174,101	884,320	554,903
2019-01-28	$46.61	$48.00	25.4%	7.5%	40.0%	26.2%	26.3%	4.4%	-0.2%	17.1M	-90.4M	-10.9M	0.90	2.81	15,454	13,848	857,152	547,455
2019-01-29	$46.52	$47.50	24.9%	7.3%	39.7%	24.0%	25.3%	4.2%	-0.1%	16.5M	-78.2M	-11.1M	0.64	2.38	35,924	23,136	879,634	574,987
2019-01-30	$47.51	$47.50	24.7%	6.9%	40.4%	23.1%	24.9%	3.9%	-0.2%	35.8M	-395.1M	-11.3M	0.21	2.95	123,744	26,001	885,886	581,540
2019-01-31	$47.12	$47.00	24.3%	7.1%	40.5%	21.5%	24.7%	3.1%	0.5%	36.6M	-306.6M	-11.3M	0.64	2.03	87,730	56,218	924,576	582,437