INTC Options History — May 2020

In May 2020, INTC traded between $57.17 and $63.42. ATM implied volatility averaged 35.2%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 8.0% (HV 20d: 43.3%). Max pain ranged from $55.00 to $59.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.70.

Notable Days

2020-05-20: Highest Volume — 154,862 contracts
2020-05-13: Largest IV spike — 16.3% change
2020-05-04: Highest IV Rank — 32.1%
2020-05-01: Largest Expected Move — 12.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.23	$57.17	$63.42	$57.51	$63.42
Max Pain	$55.63	$55.00	$59.50	$59.50	$57.50
ATM IV	35.2%	32.3%	41.3%	40.8%	32.8%
Expected Move	10.1%	9.1%	12.2%	12.2%	9.4%
HV 20d	43.3%	34.2%	55.5%	55.5%	34.2%
HV 60d	62.8%	60.7%	63.8%	62.9%	60.7%
IV Rank	23.4%	19.1%	32.1%	31.4%	19.9%
IV Percentile	78.0%	69.8%	85.7%	85.3%	72.2%
Term Structure	0.0%	-1.1%	1.3%	-1.0%	-0.4%
VWIV	35.9%	31.9%	41.6%	41.6%	34.8%
Skew 25d	5.8%	4.1%	7.6%	7.3%	6.6%
Skew 10d	12.3%	8.3%	16.2%	14.1%	12.7%
Call IV 25d	32.8%	29.7%	38.8%	38.1%	29.8%
Put IV 25d	38.6%	35.7%	45.7%	45.5%	36.4%
Bid-Ask Spread %	4.06	2.20	9.74	3.73	4.91
Gamma HHI	0.09	0.08	0.14	0.08	0.14
Net GEX	45.1M	17.7M	102.4M	18.4M	102.4M
Net DEX	-948.1M	-1.73B	-216.0M	-355.3M	-1.66B
Net VEX	-12.7M	-13.1M	-12.3M	-12.9M	-12.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.70	0.38	1.17	0.85	0.77
Total Volume	76,509.9	49,189	154,862	89,825	69,568
Total OI	1,580,210.45	1,483,373	1,666,838	1,604,992	1,621,356

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
2020-05-01	$57.51	$59.50	40.8%	12.2%	55.5%	31.4%	41.6%	7.3%	-1.0%	18.4M	-355.3M	-12.9M	0.85	3.73	48,655	41,170	929,222	675,770
2020-05-04	$57.80	$55.00	41.3%	11.7%	55.3%	32.1%	41.5%	6.9%	-0.8%	23.5M	-458.5M	-12.7M	0.59	4.75	32,671	19,165	901,771	639,617
2020-05-05	$58.68	$55.00	37.9%	11.0%	48.5%	27.3%	38.3%	6.1%	-1.1%	30.8M	-646.8M	-12.6M	0.38	4.16	44,462	16,986	905,799	648,249
2020-05-06	$59.28	$55.00	36.6%	10.6%	47.6%	25.4%	37.8%	6.6%	0.7%	39.9M	-793.7M	-13.0M	0.83	3.79	32,287	26,732	904,349	652,964
2020-05-07	$59.15	$55.00	36.3%	10.2%	47.3%	24.9%	35.3%	5.7%	0.2%	38.8M	-736.7M	-12.9M	0.77	2.94	27,727	21,462	913,121	668,573
2020-05-08	$59.59	$55.00	32.9%	9.4%	45.6%	20.1%	33.3%	5.5%	0.0%	42.8M	-837.7M	-12.5M	0.50	2.20	46,346	23,402	918,589	673,104
2020-05-11	$60.25	$55.00	32.5%	9.4%	44.6%	19.5%	33.6%	5.8%	0.5%	46.5M	-1.00B	-12.4M	0.87	3.71	64,185	55,527	913,874	662,667
2020-05-12	$58.69	$55.00	34.2%	10.1%	43.8%	21.9%	34.6%	6.1%	1.3%	30.5M	-566.4M	-12.3M	0.72	4.33	36,968	26,661	928,040	673,354
2020-05-13	$57.17	$55.00	39.8%	11.3%	43.9%	29.9%	39.4%	5.0%	-0.3%	17.7M	-216.0M	-12.4M	1.17	3.62	31,615	37,020	942,594	685,206
2020-05-14	$58.75	$55.00	38.2%	11.1%	44.2%	27.6%	39.6%	7.6%	0.4%	32.6M	-588.4M	-12.8M	0.55	3.99	57,757	31,955	944,701	695,497
2020-05-15	$58.05	$55.00	36.6%	10.5%	44.3%	25.4%	35.4%	6.5%	0.2%	27.1M	-376.3M	-12.5M	0.58	4.83	41,413	23,970	963,778	703,060
2020-05-18	$60.12	$55.00	32.6%	9.3%	45.6%	19.6%	34.8%	6.2%	0.1%	36.2M	-824.0M	-12.4M	0.67	2.59	40,496	27,235	848,028	635,345
2020-05-19	$60.89	$55.00	32.7%	9.4%	42.0%	19.8%	33.0%	5.6%	0.2%	49.5M	-1.08B	-12.6M	0.62	3.88	51,162	31,629	867,351	642,501
2020-05-20	$63.16	$55.00	34.2%	9.8%	37.7%	22.0%	34.2%	4.1%	-0.2%	68.0M	-1.73B	-13.1M	0.41	4.42	109,794	45,068	882,375	656,273
2020-05-21	$62.09	$55.00	34.4%	9.9%	37.6%	22.3%	34.4%	4.4%	0.7%	64.3M	-1.44B	-13.0M	0.49	3.36	58,965	28,818	901,411	671,817
2020-05-22	$62.14	$55.00	33.0%	9.4%	37.6%	20.2%	35.3%	4.6%	-0.1%	43.5M	-1.43B	-13.0M	0.85	2.83	39,573	33,755	918,063	683,750
2020-05-26	$62.51	$55.50	32.4%	9.1%	37.6%	19.3%	31.9%	4.5%	-0.1%	61.1M	-1.40B	-12.4M	0.62	9.74	45,856	28,308	887,597	669,306
2020-05-27	$63.27	$57.50	32.3%	9.2%	37.7%	19.1%	34.2%	5.4%	-0.6%	68.6M	-1.57B	-12.7M	0.77	3.41	35,938	27,735	897,017	681,123
2020-05-28	$62.03	$57.50	33.3%	9.7%	35.0%	20.7%	34.4%	5.4%	0.6%	59.9M	-1.27B	-12.4M	0.90	4.06	35,874	32,288	907,040	689,957
2020-05-29	$63.42	$57.50	32.8%	9.4%	34.2%	19.9%	34.8%	6.6%	-0.4%	102.4M	-1.66B	-12.5M	0.77	4.91	39,375	30,193	921,233	700,123