INTC Options History — March 2020

In March 2020, INTC traded between $45.59 and $58.22. ATM implied volatility averaged 62.1%, placing in the 79.9% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded below realized volatility by 4.0% (HV 20d: 66.1%). Max pain ranged from $55.00 to $62.50. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.95.

Notable Days

2020-03-25: Highest Volume — 110,807 contracts
2020-03-12: Largest IV spike — 28.9% change
2020-03-06: Highest IV Rank — 100.0%
2020-03-18: Largest Expected Move — 25.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.02	$45.59	$58.22	$57.26	$53.60
Max Pain	$57.39	$55.00	$62.50	$62.50	$55.00
ATM IV	62.1%	35.2%	88.4%	38.3%	59.1%
Expected Move	17.8%	10.8%	25.3%	11.4%	16.7%
HV 20d	66.1%	40.9%	87.5%	41.6%	84.6%
HV 60d	46.5%	33.0%	57.7%	33.0%	57.7%
IV Rank	79.9%	54.2%	100.0%	64.2%	57.8%
IV Percentile	98.5%	94.8%	100.0%	99.2%	94.8%
Term Structure	-2.4%	-7.4%	0.6%	-1.6%	-1.1%
VWIV	61.6%	38.9%	86.3%	41.1%	61.7%
Skew 25d	18.9%	9.4%	32.2%	9.7%	14.5%
Skew 10d	40.0%	20.8%	75.9%	22.8%	28.0%
Call IV 25d	53.8%	31.6%	75.0%	33.7%	51.2%
Put IV 25d	72.7%	40.9%	102.4%	43.3%	65.7%
Bid-Ask Spread %	9.36	3.03	19.96	5.88	7.11
Gamma HHI	0.07	0.06	0.08	0.06	0.07
Net GEX	-2.6M	-17.4M	16.1M	-1.3M	10.7M
Net DEX	561.7M	-255.0M	1.32B	231.8M	39.5M
Net VEX	-11.1M	-12.6M	-9.3M	-11.6M	-11.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.30	2.20	0.47	0.93
Total Volume	77,227.864	50,561	110,807	68,553	60,498
Total OI	1,392,410.955	1,229,436	1,471,508	1,386,803	1,382,877

Daily Data (22 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
2020-03-02	$57.26	$62.50	38.3%	11.4%	41.6%	64.2%	41.1%	9.7%	-1.6%	-1.3M	231.8M	-11.6M	0.47	5.88	46,529	22,024	747,926	638,877
2020-03-03	$56.58	$62.50	41.1%	12.6%	41.2%	73.3%	44.4%	11.7%	-0.7%	-2.2M	318.1M	-11.8M	0.87	10.55	37,117	32,468	757,589	639,616
2020-03-04	$58.22	$62.50	35.2%	10.8%	42.6%	54.2%	38.9%	9.4%	-0.7%	5.7M	-6.0M	-11.8M	0.80	3.55	28,055	22,506	761,489	644,992
2020-03-05	$56.78	$60.00	44.1%	11.8%	40.9%	82.8%	42.0%	13.5%	-0.7%	116.2K	239.7M	-12.2M	1.77	3.03	21,652	38,326	769,189	654,537
2020-03-06	$55.49	$57.50	50.5%	13.5%	41.2%	100.0%	47.1%	15.9%	-3.5%	-6.6M	512.2M	-12.1M	0.97	6.36	30,504	29,592	774,984	662,583
2020-03-09	$51.74	$57.50	56.1%	15.6%	46.5%	100.0%	59.8%	20.0%	0.5%	-11.6M	936.8M	-11.0M	0.90	5.67	34,641	31,297	744,778	644,310
2020-03-10	$53.26	$57.50	50.8%	14.5%	48.7%	85.8%	44.5%	17.6%	-0.0%	-10.4M	742.8M	-11.1M	0.41	16.28	59,455	24,313	754,532	641,584
2020-03-11	$51.86	$57.50	56.9%	15.8%	47.8%	100.0%	52.5%	18.0%	-3.1%	-10.3M	853.0M	-11.0M	1.48	4.14	21,083	31,166	768,110	646,697
2020-03-12	$46.83	$57.50	73.3%	20.3%	56.7%	100.0%	63.6%	32.2%	-1.7%	-12.8M	1.32B	-9.7M	0.96	5.57	36,984	35,329	775,390	656,918
2020-03-13	$50.53	$57.50	68.4%	17.9%	65.8%	91.0%	61.5%	31.9%	-7.4%	-12.3M	997.7M	-10.7M	1.08	13.03	45,764	49,354	784,043	654,377
2020-03-16	$46.99	$57.50	86.0%	24.2%	68.8%	100.0%	80.8%	24.2%	-5.0%	-9.2M	1.10B	-10.5M	1.27	7.01	27,387	34,689	768,900	653,285
2020-03-17	$50.01	$57.50	77.0%	22.0%	74.5%	86.6%	78.0%	24.4%	-4.4%	-7.9M	821.2M	-11.3M	1.36	14.49	41,163	56,010	776,418	651,524
2020-03-18	$45.59	$57.50	88.4%	25.3%	78.7%	100.0%	86.3%	27.4%	0.6%	-9.7M	1.17B	-10.2M	2.20	7.30	34,156	75,115	785,931	671,657
2020-03-19	$46.46	$57.50	80.4%	23.1%	79.8%	88.4%	76.9%	25.3%	-0.6%	-13.8M	1.18B	-10.0M	1.02	12.57	29,887	30,390	798,210	673,298
2020-03-20	$46.73	$55.00	71.5%	20.8%	80.2%	75.6%	71.3%	23.2%	-4.1%	-17.4M	1.24B	-9.3M	0.68	19.96	59,965	40,634	795,754	664,161
2020-03-23	$48.53	$55.00	67.1%	19.9%	82.2%	69.4%	68.8%	19.0%	-2.6%	-5.0M	733.3M	-9.5M	0.78	13.89	48,834	37,932	680,355	549,081
2020-03-24	$52.49	$55.00	61.6%	18.2%	87.5%	61.3%	61.3%	16.5%	-3.9%	3.0M	260.0M	-10.8M	0.59	9.22	62,246	36,693	699,331	558,760
2020-03-25	$52.27	$55.00	66.8%	19.8%	87.5%	68.9%	69.7%	16.4%	-6.9%	6.0M	207.9M	-11.3M	0.30	11.49	85,088	25,719	727,374	568,915
2020-03-26	$54.39	$55.00	64.6%	19.4%	87.2%	65.7%	67.9%	15.2%	-3.0%	16.0M	-198.8M	-12.6M	0.42	10.10	68,378	28,766	773,940	578,985
2020-03-27	$53.55	$55.00	66.9%	19.9%	85.8%	69.0%	70.2%	14.5%	-2.2%	15.4M	-81.5M	-12.4M	0.87	10.06	34,424	29,863	806,707	587,252
2020-03-30	$55.26	$55.00	62.6%	18.3%	84.0%	62.9%	66.3%	15.0%	-1.5%	16.1M	-255.0M	-12.5M	0.68	8.77	43,532	29,485	786,013	571,792
2020-03-31	$53.60	$55.00	59.1%	16.7%	84.6%	57.8%	61.7%	14.5%	-1.1%	10.7M	39.5M	-11.8M	0.93	7.11	31,396	29,102	801,454	581,423