INTC Options History — February 2020

In February 2020, INTC traded between $54.08 and $67.58. ATM implied volatility averaged 27.5%, placing in the 47.1% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 8.6% (HV 20d: 36.2%). Max pain ranged from $60.50 to $65.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.60.

Notable Days

  • 2020-02-05: Highest Volume — 227,142 contracts
  • 2020-02-28: Largest IV spike — 22.7% change
  • 2020-02-27: Highest IV Rank — 100.0%
  • 2020-02-28: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.28$54.08$67.58$64.53$54.08
Max Pain$63.79$60.50$65.00$60.50$62.50
ATM IV27.5%22.3%49.4%25.3%49.4%
Expected Move8.0%6.4%15.2%7.2%15.2%
HV 20d36.2%28.9%38.6%37.0%35.7%
HV 60d26.2%24.3%31.4%24.3%31.4%
IV Rank47.1%22.3%100.0%39.6%100.0%
IV Percentile51.0%24.2%100.0%41.7%100.0%
Term Structure-0.4%-1.7%0.5%-0.2%-1.7%
VWIV28.1%22.7%53.3%25.1%53.3%
Skew 25d4.5%2.9%12.1%4.1%12.1%
Skew 10d9.2%5.7%19.7%7.6%16.2%
Call IV 25d25.9%21.7%46.0%24.0%46.0%
Put IV 25d30.4%24.6%58.1%28.1%58.1%
Bid-Ask Spread %2.621.389.442.789.44
Gamma HHI0.100.060.130.090.06
Net GEX45.8M-11.8M78.5M49.6M-11.8M
Net DEX-1.35B-2.60B791.6M-1.68B791.6M
Net VEX-12.0M-12.5M-11.4M-12.2M-11.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.171.090.370.96
Total Volume87,834.89544,274227,14251,064111,005
Total OI1,415,266.6841,304,4561,519,3611,439,2971,423,652

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-02-03$64.53$60.5025.3%7.2%37.0%39.6%25.1%4.1%-0.2%49.6M-1.68B-12.2M0.372.7837,36113,703759,338679,959
2020-02-04$65.34$61.0023.9%6.6%36.8%32.0%23.7%3.2%-0.2%60.5M-1.97B-12.1M0.432.3748,88021,101767,857685,083
2020-02-05$67.31$61.0024.1%6.6%37.3%32.7%23.5%3.2%-0.2%72.5M-2.60B-11.9M0.172.83194,85632,286775,356687,233
2020-02-06$66.98$62.5023.2%6.5%37.5%27.9%23.9%3.3%-0.3%65.5M-1.88B-12.0M0.511.7146,05523,298696,704697,912
2020-02-07$66.26$62.5023.5%6.6%37.9%29.3%23.8%3.5%-0.2%52.8M-1.69B-12.0M0.601.8435,30321,027712,800708,308
2020-02-10$66.15$62.5024.1%7.0%37.8%32.7%23.4%3.4%0.5%55.2M-1.67B-12.1M0.531.5029,85415,876688,549685,312
2020-02-11$67.31$65.0023.7%6.7%38.0%30.3%23.7%3.4%-0.2%72.4M-2.04B-12.0M0.471.7844,96720,944701,777691,178
2020-02-12$67.58$65.0023.0%6.6%37.9%26.7%23.2%3.0%0.0%78.5M-2.10B-12.1M0.431.7346,65020,174708,886699,229
2020-02-13$67.42$65.0023.3%6.7%37.6%28.4%24.1%3.0%0.0%78.2M-2.05B-12.0M0.431.8748,62420,889724,728706,310
2020-02-14$67.12$65.0022.7%6.5%37.7%24.8%22.7%3.0%-0.2%51.1M-1.99B-12.0M0.421.6456,90123,816747,185711,268
2020-02-18$66.16$65.0023.9%6.9%38.3%31.5%23.5%3.1%-0.6%53.7M-1.63B-11.7M0.511.3836,40318,574718,876697,472
2020-02-19$67.01$65.0022.3%6.4%38.0%22.3%22.7%2.9%0.4%70.1M-1.90B-11.7M0.301.6534,10810,166732,716700,831
2020-02-20$65.41$65.0024.9%7.2%38.3%37.8%25.3%2.9%-0.4%46.0M-1.44B-11.8M0.591.7897,86157,918744,888702,968
2020-02-21$64.30$65.0026.6%7.6%38.6%47.1%28.1%4.7%0.1%41.7M-1.04B-12.5M0.661.5549,28632,531787,784731,577
2020-02-24$62.25$65.0030.9%9.2%30.0%72.6%31.6%6.3%-0.8%24.7M-734.8M-12.5M0.843.5154,78845,843716,505587,951
2020-02-25$59.83$65.0034.6%10.4%30.7%94.1%36.2%7.7%-1.2%8.7M-216.8M-12.2M1.094.5252,07556,976732,927606,878
2020-02-26$59.68$65.0033.1%10.0%28.9%85.0%33.9%6.7%-0.8%7.3M-186.7M-12.3M1.072.7549,41152,635749,243623,264
2020-02-27$56.65$64.5040.3%12.2%33.1%100.0%42.1%7.0%-1.6%-6.0M392.2M-11.8M1.063.1351,92354,795759,802637,761
2020-02-28$54.08$62.5049.4%15.2%35.7%100.0%53.3%12.1%-1.7%-11.8M791.6M-11.4M0.969.4456,54954,456773,487650,165