INTC Options History — January 2020

In January 2020, INTC traded between $58.83 and $68.10. ATM implied volatility averaged 27.4%, placing in the 49.6% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 7.9% (HV 20d: 19.5%). Max pain ranged from $52.50 to $61.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.67.

Notable Days

2020-01-24: Highest Volume — 655,746 contracts
2020-01-24: Largest IV drop — 24.5% change
2020-01-23: Highest IV Rank — 71.2%
2020-01-23: Largest Expected Move — 8.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.84	$58.83	$68.10	$60.72	$63.85
Max Pain	$57.88	$52.50	$61.00	$52.50	$61.00
ATM IV	27.4%	23.1%	30.7%	27.3%	26.8%
Expected Move	7.3%	5.7%	8.9%	5.7%	7.7%
HV 20d	19.5%	11.8%	37.0%	11.8%	37.0%
HV 60d	21.9%	15.9%	24.2%	22.5%	24.2%
IV Rank	49.6%	27.3%	71.2%	38.1%	48.3%
IV Percentile	59.7%	30.2%	90.1%	55.6%	52.0%
Term Structure	-1.1%	-2.6%	0.8%	-0.1%	0.3%
VWIV	26.0%	20.5%	31.6%	20.5%	26.6%
Skew 25d	3.7%	2.5%	4.4%	3.7%	4.0%
Skew 10d	7.2%	3.4%	8.6%	7.2%	8.1%
Call IV 25d	25.8%	22.2%	29.4%	25.7%	25.5%
Put IV 25d	29.4%	24.7%	32.0%	29.4%	29.4%
Bid-Ask Spread %	3.00	1.75	12.69	2.18	12.69
Gamma HHI	0.21	0.08	0.48	0.25	0.08
Net GEX	71.8M	15.9M	146.1M	83.9M	15.9M
Net DEX	-2.08B	-3.38B	-1.15B	-2.59B	-1.35B
Net VEX	-10.4M	-12.6M	-9.6M	-9.6M	-12.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.26	1.05	1.05	0.98
Total Volume	137,666.333	46,970	655,746	65,535	132,234
Total OI	1,584,361.143	1,084,505	1,830,328	1,668,066	1,518,845

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
2020-01-02	$60.72	$52.50	27.3%	5.7%	11.8%	38.1%	20.5%	3.7%	-0.1%	83.9M	-2.59B	-9.6M	1.05	2.18	31,972	33,563	821,948	846,118
2020-01-03	$60.33	$52.50	27.7%	5.7%	12.4%	40.0%	21.4%	4.1%	0.3%	77.0M	-2.42B	-9.7M	0.75	6.11	36,559	27,490	827,492	856,362
2020-01-06	$59.83	$57.50	29.0%	7.4%	13.0%	51.7%	26.2%	4.1%	-1.3%	73.6M	-2.21B	-9.6M	0.53	2.33	53,905	28,655	824,663	855,209
2020-01-07	$59.07	$57.50	29.3%	7.4%	13.4%	56.2%	26.9%	4.1%	-1.6%	74.9M	-1.93B	-9.9M	0.58	2.18	51,839	29,835	852,566	868,227
2020-01-08	$59.20	$57.50	29.1%	7.3%	13.1%	58.7%	26.4%	4.4%	-2.1%	79.3M	-1.99B	-9.9M	0.53	3.96	42,459	22,414	870,104	878,450
2020-01-09	$59.31	$57.50	28.9%	7.4%	13.0%	57.7%	25.8%	4.3%	-2.1%	80.3M	-2.03B	-10.0M	0.26	2.65	39,528	10,205	882,917	885,561
2020-01-10	$59.00	$57.50	29.2%	7.4%	13.0%	62.6%	26.3%	4.1%	-2.1%	70.5M	-1.91B	-10.0M	0.69	3.06	52,385	35,924	896,361	888,193
2020-01-13	$59.58	$57.50	28.4%	7.5%	13.2%	58.0%	26.5%	4.0%	-1.8%	95.4M	-2.18B	-9.6M	0.58	1.85	29,722	17,248	875,936	877,562
2020-01-14	$59.40	$57.50	28.1%	7.5%	13.2%	56.4%	27.1%	4.0%	-1.9%	97.6M	-2.07B	-9.7M	0.88	1.77	30,046	26,334	885,323	886,080
2020-01-15	$58.83	$57.50	28.9%	7.6%	13.7%	60.7%	28.1%	4.3%	-2.4%	63.5M	-1.85B	-9.7M	0.63	1.90	42,076	26,463	891,613	898,952
2020-01-16	$59.66	$57.50	27.6%	7.4%	13.8%	53.2%	25.6%	4.3%	-2.2%	146.1M	-2.18B	-9.7M	0.50	1.80	43,129	21,739	907,419	907,152
2020-01-17	$59.57	$57.50	27.5%	7.4%	13.9%	52.4%	26.6%	3.5%	-2.6%	43.0M	-2.07B	-9.7M	0.54	2.63	57,648	31,397	913,837	916,491
2020-01-21	$60.72	$57.50	29.6%	8.4%	14.9%	64.6%	29.4%	3.6%	-1.7%	36.8M	-1.15B	-9.9M	0.72	1.75	79,073	56,603	580,468	504,037
2020-01-22	$62.51	$57.50	29.1%	8.3%	17.4%	62.1%	30.0%	3.1%	-1.6%	49.9M	-1.60B	-10.2M	0.73	2.10	118,382	86,193	617,191	529,522
2020-01-23	$63.41	$59.00	30.7%	8.9%	17.4%	71.2%	31.6%	2.6%	-1.6%	53.6M	-1.83B	-10.5M	0.81	1.93	236,902	192,122	653,819	578,737
2020-01-24	$68.10	$60.00	23.2%	6.7%	29.7%	27.6%	23.7%	2.5%	-0.1%	123.9M	-3.38B	-10.9M	0.54	2.32	424,931	230,815	782,999	680,989
2020-01-27	$65.78	$60.00	24.9%	7.2%	33.1%	37.8%	25.5%	3.4%	0.2%	55.5M	-2.11B	-11.7M	0.92	2.03	82,733	76,022	744,413	664,997
2020-01-28	$67.34	$60.00	23.1%	6.7%	33.8%	27.3%	23.4%	2.9%	0.4%	66.6M	-2.57B	-11.4M	0.41	2.82	110,848	45,526	745,921	682,438
2020-01-29	$66.31	$60.00	23.3%	6.7%	34.3%	28.5%	23.6%	3.0%	0.4%	61.3M	-2.22B	-11.9M	0.65	2.08	55,521	36,068	769,902	706,889
2020-01-30	$66.15	$60.50	23.3%	6.7%	34.4%	28.5%	23.8%	3.0%	0.8%	58.6M	-2.14B	-12.0M	0.80	2.82	58,026	46,459	779,201	716,680
2020-01-31	$63.85	$61.00	26.8%	7.7%	37.0%	48.3%	26.6%	4.0%	0.3%	15.9M	-1.35B	-12.6M	0.98	12.69	66,894	65,340	790,290	728,555