INTC Options History — March 2019

In March 2019, INTC traded between $52.45 and $54.84. ATM implied volatility averaged 22.5%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 5.0% (HV 20d: 17.5%). Max pain ranged from $49.00 to $52.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.87.

Notable Days

2019-03-22: Highest Volume — 89,673 contracts
2019-03-25: Largest IV spike — 12.7% change
2019-03-27: Highest IV Rank — 39.0%
2019-03-25: Largest Expected Move — 8.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.60	$52.45	$54.84	$53.39	$53.66
Max Pain	$51.74	$49.00	$52.50	$49.00	$52.50
ATM IV	22.5%	18.4%	28.5%	19.3%	27.2%
Expected Move	7.0%	5.1%	8.0%	5.1%	7.7%
HV 20d	17.5%	15.2%	19.6%	18.9%	19.6%
HV 60d	30.1%	28.0%	32.4%	32.4%	28.1%
IV Rank	15.2%	0.0%	39.0%	1.9%	34.0%
IV Percentile	19.2%	0.0%	53.6%	0.4%	49.6%
Term Structure	1.4%	-1.1%	6.4%	0.6%	-0.9%
VWIV	24.1%	18.5%	27.5%	18.5%	25.3%
Skew 25d	3.3%	2.4%	4.5%	2.4%	4.5%
Skew 10d	6.8%	5.0%	9.5%	5.5%	8.2%
Call IV 25d	20.9%	17.7%	27.3%	18.1%	25.4%
Put IV 25d	24.2%	20.3%	31.5%	20.5%	29.8%
Bid-Ask Spread %	2.86	2.14	4.02	2.21	2.78
Gamma HHI	0.16	0.14	0.18	0.16	0.17
Net GEX	80.1M	55.7M	103.6M	100.9M	75.6M
Net DEX	-1.74B	-2.31B	-1.20B	-2.09B	-1.54B
Net VEX	-11.9M	-12.3M	-11.5M	-11.9M	-11.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.30	1.63	0.81	0.30
Total Volume	56,783.524	35,527	89,673	49,921	53,042
Total OI	1,439,724.619	1,343,279	1,524,014	1,480,528	1,446,370

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
2019-03-01	$53.39	$49.00	19.3%	5.1%	18.9%	1.9%	18.5%	2.4%	0.6%	100.9M	-2.09B	-11.9M	0.81	2.21	27,522	22,399	840,767	639,761
2019-03-04	$53.89	$50.00	20.7%	5.9%	16.3%	7.5%	21.8%	2.9%	-0.0%	92.1M	-2.09B	-11.9M	1.14	2.40	27,313	31,041	807,064	612,141
2019-03-05	$53.86	$50.00	20.2%	5.6%	16.4%	5.6%	20.7%	2.9%	0.1%	92.6M	-2.08B	-11.9M	1.63	2.14	25,255	41,144	809,958	620,301
2019-03-06	$53.01	$50.00	21.6%	6.1%	16.9%	11.2%	21.6%	3.1%	-0.2%	82.9M	-1.74B	-12.1M	1.49	2.29	21,946	32,795	818,256	633,672
2019-03-07	$52.61	$50.00	22.1%	6.4%	17.2%	13.0%	22.3%	3.4%	-0.2%	75.6M	-1.54B	-12.3M	0.97	2.68	34,046	33,165	820,800	647,229
2019-03-08	$52.45	$50.00	22.4%	6.1%	16.0%	14.2%	22.3%	3.6%	0.3%	67.4M	-1.47B	-12.3M	1.10	2.82	25,670	28,238	823,157	656,644
2019-03-11	$53.50	$52.50	21.0%	7.4%	16.0%	8.6%	24.7%	3.3%	0.9%	98.8M	-1.90B	-11.7M	0.51	2.94	40,700	20,579	812,472	640,518
2019-03-12	$53.60	$52.50	19.8%	7.3%	16.1%	4.1%	24.7%	3.5%	1.2%	100.9M	-1.97B	-11.7M	0.63	3.07	37,437	23,417	826,674	644,471
2019-03-13	$54.42	$52.50	19.7%	6.9%	15.2%	3.4%	24.0%	2.9%	-0.5%	103.6M	-2.28B	-11.6M	0.60	2.45	37,997	22,969	833,992	656,707
2019-03-14	$53.66	$52.50	19.6%	7.2%	16.3%	3.2%	24.1%	3.0%	1.1%	92.9M	-1.96B	-11.6M	1.07	3.09	30,355	32,627	839,645	666,173
2019-03-15	$54.57	$52.50	18.4%	6.8%	16.9%	0.0%	23.9%	2.7%	0.2%	89.5M	-2.31B	-11.6M	0.51	2.96	47,663	24,112	848,247	675,767
2019-03-18	$54.12	$52.50	19.2%	6.8%	17.0%	3.0%	23.9%	2.7%	5.7%	74.4M	-1.71B	-11.5M	1.06	3.61	24,214	25,752	745,592	597,687
2019-03-19	$54.06	$52.50	19.9%	6.9%	17.0%	5.7%	24.8%	2.9%	5.9%	74.5M	-1.68B	-11.7M	1.26	3.39	17,605	22,190	756,768	616,506
2019-03-20	$53.99	$52.50	21.6%	7.1%	16.9%	12.3%	25.5%	2.8%	5.4%	69.0M	-1.64B	-11.9M	0.76	3.95	24,233	18,447	763,147	628,329
2019-03-21	$54.84	$52.50	22.3%	7.3%	17.5%	15.2%	24.3%	2.6%	5.5%	79.1M	-1.95B	-11.8M	0.36	2.78	64,661	23,136	768,321	634,184
2019-03-22	$53.31	$52.50	24.8%	7.8%	19.5%	24.8%	25.6%	3.1%	6.4%	56.5M	-1.34B	-12.1M	0.61	4.02	55,805	33,868	788,584	641,851
2019-03-25	$52.84	$52.50	28.0%	8.0%	19.3%	36.9%	27.5%	4.2%	-0.7%	55.7M	-1.20B	-12.0M	0.99	2.16	22,096	21,945	766,883	629,643
2019-03-26	$53.31	$52.50	28.4%	8.0%	19.6%	38.9%	27.1%	4.4%	-0.2%	65.0M	-1.37B	-11.9M	0.94	2.73	22,373	21,132	773,123	635,199
2019-03-27	$53.33	$52.50	28.5%	7.9%	19.5%	39.0%	26.7%	4.4%	-1.1%	65.9M	-1.38B	-11.9M	0.73	2.58	22,003	16,035	782,523	644,905
2019-03-28	$53.16	$52.50	28.1%	7.8%	19.5%	37.7%	26.8%	4.3%	-0.6%	69.3M	-1.33B	-11.9M	0.70	2.89	20,848	14,679	791,032	649,154
2019-03-29	$53.66	$52.50	27.2%	7.7%	19.6%	34.0%	25.3%	4.5%	-0.9%	75.6M	-1.54B	-11.7M	0.30	2.78	40,755	12,287	793,522	652,848