INTC Options History — February 2019

In February 2019, INTC traded between $48.65 and $53.26. ATM implied volatility averaged 21.9%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 8.9% (HV 20d: 30.9%). Max pain ranged from $47.00 to $49.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.69.

Notable Days

2019-02-05: Highest Volume — 235,633 contracts
2019-02-07: Largest IV spike — 6.7% change
2019-02-07: Highest IV Rank — 20.2%
2019-02-07: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.87	$48.65	$53.26	$48.65	$52.93
Max Pain	$48.00	$47.00	$49.00	$47.00	$49.00
ATM IV	21.9%	20.1%	23.9%	22.5%	20.1%
Expected Move	6.3%	5.5%	7.0%	6.5%	5.5%
HV 20d	30.9%	19.5%	37.4%	37.4%	19.5%
HV 60d	33.5%	32.6%	34.4%	34.4%	32.6%
IV Rank	12.4%	5.3%	20.2%	14.5%	5.3%
IV Percentile	10.3%	1.2%	23.0%	12.3%	1.2%
Term Structure	0.2%	-0.5%	0.8%	0.3%	0.3%
VWIV	22.4%	19.5%	25.0%	23.2%	19.6%
Skew 25d	2.6%	2.1%	3.3%	2.7%	2.5%
Skew 10d	5.2%	4.1%	6.3%	5.6%	4.9%
Call IV 25d	21.0%	19.1%	23.0%	21.8%	19.1%
Put IV 25d	23.6%	21.6%	25.7%	24.5%	21.6%
Bid-Ask Spread %	2.22	1.86	2.85	2.24	2.20
Gamma HHI	0.13	0.10	0.16	0.10	0.15
Net GEX	84.7M	46.3M	105.7M	70.5M	88.5M
Net DEX	-1.42B	-2.02B	-656.3M	-959.1M	-1.90B
Net VEX	-12.0M	-12.4M	-11.8M	-12.0M	-12.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.23	1.09	0.44	1.09
Total Volume	100,347.684	38,915	235,633	225,312	38,915
Total OI	1,468,749.263	1,341,619	1,554,673	1,554,673	1,471,556

Daily Data (19 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
2019-02-01	$48.65	$47.00	22.5%	6.5%	37.4%	14.5%	23.2%	2.7%	0.3%	70.5M	-959.1M	-12.0M	0.44	2.24	156,381	68,931	955,476	599,197
2019-02-04	$49.12	$47.00	22.5%	6.5%	32.6%	14.7%	24.4%	3.0%	0.4%	84.4M	-1.01B	-12.1M	0.55	1.86	41,959	23,052	922,870	584,645
2019-02-05	$50.10	$47.00	22.0%	6.4%	33.1%	12.5%	22.8%	2.1%	0.2%	105.7M	-1.43B	-12.4M	0.23	2.38	192,338	43,295	935,399	597,611
2019-02-06	$49.98	$47.00	22.4%	6.5%	33.1%	14.3%	23.1%	2.3%	0.4%	97.1M	-1.23B	-12.3M	0.60	2.00	50,350	30,134	892,020	609,786
2019-02-07	$49.22	$47.00	23.9%	7.0%	33.7%	20.2%	25.0%	2.7%	0.8%	64.6M	-881.3M	-12.3M	0.85	2.68	43,560	37,031	897,841	619,498
2019-02-08	$48.66	$47.00	23.5%	6.8%	33.7%	18.7%	23.7%	2.8%	0.3%	46.3M	-656.3M	-12.1M	0.87	2.32	41,137	35,976	902,099	626,785
2019-02-11	$48.85	$47.00	23.4%	6.7%	33.6%	18.1%	23.4%	2.8%	0.3%	59.0M	-746.7M	-11.9M	0.83	2.13	22,404	18,672	883,395	605,035
2019-02-12	$49.95	$47.00	22.1%	6.3%	34.3%	12.9%	23.1%	2.6%	0.1%	96.4M	-1.18B	-11.9M	0.72	2.00	44,656	32,333	884,933	604,877
2019-02-13	$50.49	$48.00	21.5%	6.2%	34.4%	10.5%	21.8%	2.5%	0.2%	105.4M	-1.37B	-11.9M	0.90	2.78	39,059	35,207	884,847	609,415
2019-02-14	$50.94	$48.00	22.9%	6.6%	34.3%	16.1%	22.7%	2.6%	-0.1%	96.0M	-1.50B	-11.9M	0.34	1.90	108,925	37,465	886,885	625,351
2019-02-15	$51.61	$48.00	21.7%	6.2%	34.5%	11.6%	23.0%	2.7%	0.4%	94.6M	-1.84B	-12.0M	0.63	1.98	80,814	50,512	915,142	631,406
2019-02-19	$51.52	$49.00	21.3%	6.1%	34.3%	10.0%	22.0%	2.8%	0.2%	86.8M	-1.50B	-11.8M	0.82	2.19	32,166	26,280	770,794	570,825
2019-02-20	$51.32	$49.00	22.0%	6.2%	33.2%	12.6%	22.5%	2.7%	-0.5%	85.3M	-1.45B	-12.0M	0.91	1.95	31,832	29,097	786,470	583,008
2019-02-21	$51.35	$49.00	22.2%	6.3%	33.1%	13.4%	22.8%	3.3%	-0.1%	88.2M	-1.45B	-12.0M	0.86	2.20	33,082	28,471	797,509	590,393
2019-02-22	$52.44	$49.00	21.1%	6.0%	31.5%	9.1%	21.4%	2.3%	0.1%	93.8M	-1.90B	-11.9M	0.50	2.06	149,590	74,606	805,100	595,083
2019-02-25	$53.08	$49.00	21.0%	5.9%	20.2%	8.7%	21.1%	2.6%	0.4%	80.9M	-1.96B	-11.8M	0.43	2.13	57,897	25,139	798,081	605,949
2019-02-26	$53.26	$49.00	20.2%	5.7%	19.9%	5.7%	20.5%	2.4%	0.2%	83.1M	-2.02B	-11.8M	1.09	2.85	35,526	38,804	805,068	613,703
2019-02-27	$53.03	$49.00	20.3%	5.5%	20.1%	5.8%	19.5%	2.7%	0.4%	82.7M	-1.91B	-12.0M	0.43	2.29	49,613	21,397	808,372	629,812
2019-02-28	$52.93	$49.00	20.1%	5.5%	19.5%	5.3%	19.6%	2.5%	0.3%	88.5M	-1.90B	-12.2M	1.09	2.20	18,575	20,340	838,103	633,453