INTC Options History — September 2019

In September 2019, INTC traded between $47.09 and $53.14. ATM implied volatility averaged 26.6%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 0.5% (HV 20d: 27.1%). Max pain ranged from $48.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.92.

Notable Days

2019-09-04: Highest Volume — 160,002 contracts
2019-09-20: Largest IV spike — 14.2% change
2019-09-27: Highest IV Rank — 58.5%
2019-09-03: Largest Expected Move — 8.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.12	$47.09	$53.14	$47.09	$51.50
Max Pain	$49.65	$48.00	$50.00	$48.00	$50.00
ATM IV	26.6%	22.9%	33.5%	28.2%	32.3%
Expected Move	7.1%	6.3%	8.2%	8.2%	7.2%
HV 20d	27.1%	21.4%	31.3%	27.0%	25.0%
HV 60d	25.7%	24.4%	26.2%	24.4%	26.2%
IV Rank	31.6%	17.2%	58.5%	37.7%	53.7%
IV Percentile	39.0%	13.9%	85.7%	50.8%	82.1%
Term Structure	1.3%	-1.0%	6.9%	-0.5%	-0.1%
VWIV	25.9%	23.1%	29.8%	29.8%	25.9%
Skew 25d	4.6%	3.6%	6.4%	5.4%	5.9%
Skew 10d	9.1%	6.9%	12.1%	10.9%	11.2%
Call IV 25d	24.7%	21.4%	30.6%	25.7%	29.1%
Put IV 25d	29.2%	25.1%	37.0%	31.1%	35.0%
Bid-Ask Spread %	5.16	2.04	12.20	2.97	6.69
Gamma HHI	0.11	0.07	0.16	0.07	0.11
Net GEX	37.5M	2.3M	68.3M	2.3M	34.6M
Net DEX	-927.8M	-1.74B	201.0M	201.0M	-766.1M
Net VEX	-12.1M	-12.4M	-11.5M	-11.5M	-12.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.92	0.45	1.93	1.23	0.80
Total Volume	67,182.75	28,674	160,002	28,674	39,661
Total OI	1,600,843.4	1,452,625	1,709,466	1,492,905	1,535,422

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
2019-09-03	$47.09	$48.00	28.2%	8.2%	27.0%	37.7%	29.8%	5.4%	-0.5%	2.3M	201.0M	-11.5M	1.23	2.97	12,834	15,840	764,367	728,538
2019-09-04	$48.90	$48.00	26.4%	7.6%	30.1%	31.0%	26.4%	4.8%	0.1%	21.6M	-349.1M	-12.0M	0.45	3.45	110,553	49,449	769,866	732,679
2019-09-05	$50.16	$49.00	25.7%	7.3%	31.1%	28.1%	24.8%	4.3%	0.1%	39.2M	-849.0M	-12.4M	0.49	2.04	101,421	50,161	824,464	761,406
2019-09-06	$50.91	$49.00	24.1%	7.3%	31.3%	21.9%	26.8%	4.4%	0.2%	41.4M	-1.07B	-12.4M	0.86	2.55	38,053	32,791	835,098	778,100
2019-09-09	$51.68	$49.00	24.2%	6.9%	29.7%	22.4%	24.6%	4.2%	-0.2%	47.9M	-1.22B	-12.3M	0.52	2.17	58,908	30,473	816,557	780,421
2019-09-10	$51.66	$50.00	24.6%	6.9%	29.2%	23.9%	27.8%	4.3%	-0.6%	48.6M	-1.20B	-12.3M	1.93	3.27	23,923	46,085	824,692	791,589
2019-09-11	$52.58	$50.00	23.8%	6.9%	28.6%	20.8%	25.5%	4.0%	0.3%	57.2M	-1.51B	-12.3M	0.52	2.22	65,330	33,879	833,342	806,170
2019-09-12	$53.14	$50.00	23.8%	7.0%	26.7%	20.7%	26.2%	3.8%	0.6%	68.3M	-1.74B	-12.3M	1.21	4.03	41,633	50,196	863,759	813,819
2019-09-13	$52.66	$50.00	23.2%	6.7%	27.1%	18.5%	24.5%	4.0%	0.1%	56.3M	-1.53B	-12.4M	0.87	2.56	28,545	24,830	873,007	836,459
2019-09-16	$52.25	$50.00	23.7%	6.8%	27.3%	20.4%	26.4%	3.7%	5.7%	54.5M	-1.37B	-12.2M	1.20	5.02	15,219	18,231	863,557	807,971
2019-09-17	$51.97	$50.00	23.4%	6.7%	27.3%	19.1%	24.9%	4.1%	5.9%	50.4M	-1.25B	-12.2M	1.07	7.98	15,930	17,005	866,521	813,332
2019-09-18	$51.67	$50.00	22.9%	6.6%	26.8%	17.2%	24.9%	3.6%	6.4%	43.3M	-1.13B	-12.0M	1.11	8.91	21,558	23,891	868,502	819,936
2019-09-19	$51.65	$50.00	23.2%	6.3%	26.7%	18.4%	24.2%	3.7%	6.9%	39.5M	-1.07B	-11.9M	0.82	6.34	21,326	17,413	871,261	827,029
2019-09-20	$50.91	$50.00	26.5%	7.1%	27.3%	31.1%	26.9%	4.1%	4.8%	15.4M	-842.6M	-12.0M	0.82	8.67	43,501	35,819	873,057	829,772
2019-09-23	$51.08	$50.00	28.0%	6.6%	21.4%	36.9%	23.1%	4.9%	-0.6%	27.3M	-656.0M	-11.7M	0.48	4.15	43,090	20,492	738,460	714,165
2019-09-24	$49.78	$50.00	31.3%	7.5%	24.1%	49.9%	27.1%	5.1%	-0.9%	15.9M	-279.9M	-11.9M	0.84	8.04	30,255	25,543	776,655	736,855
2019-09-25	$51.14	$50.00	31.3%	7.2%	25.4%	50.0%	25.4%	5.7%	-1.0%	33.3M	-709.7M	-12.1M	0.96	4.78	24,531	23,535	786,468	743,659
2019-09-26	$51.00	$50.00	31.8%	7.2%	25.5%	51.9%	24.9%	5.4%	-0.9%	30.2M	-664.6M	-12.2M	1.17	5.08	14,734	17,275	794,769	753,916
2019-09-27	$50.66	$50.00	33.5%	7.8%	24.7%	58.5%	27.3%	6.4%	-1.0%	22.2M	-545.3M	-12.2M	1.00	12.20	29,853	29,889	800,933	760,295
2019-09-30	$51.50	$50.00	32.3%	7.2%	25.0%	53.7%	25.9%	5.9%	-0.1%	34.6M	-766.1M	-12.0M	0.80	6.69	22,012	17,649	786,366	749,056