INTC Options History — August 2020

In August 2020, INTC traded between $47.99 and $51.10. ATM implied volatility averaged 28.9%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 22.6% (HV 20d: 51.5%). Max pain ranged from $47.50 to $55.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2020-08-31: Highest Volume — 482,784 contracts
  • 2020-08-17: Largest IV drop — 7.2% change
  • 2020-08-31: Highest IV Rank — 18.1%
  • 2020-08-11: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.07$47.99$51.10$48.24$51.10
Max Pain$50.50$47.50$55.00$55.00$47.50
ATM IV28.9%26.4%31.6%30.9%31.6%
Expected Move8.3%7.5%9.1%8.6%8.9%
HV 20d51.5%18.1%68.5%67.1%18.4%
HV 60d45.0%43.7%46.5%46.4%43.7%
IV Rank14.3%10.6%18.1%17.2%18.1%
IV Percentile41.3%28.6%52.8%50.8%52.8%
Term Structure0.2%-0.8%1.2%-0.2%1.1%
VWIV29.7%26.8%32.7%31.3%32.7%
Skew 25d1.1%-1.6%2.0%0.7%-1.6%
Skew 10d2.4%-2.2%4.6%0.5%-2.2%
Call IV 25d29.3%26.3%33.9%32.1%33.9%
Put IV 25d30.4%27.9%33.1%32.8%32.3%
Bid-Ask Spread %2.291.633.322.582.69
Gamma HHI0.090.050.280.060.06
Net GEX24.0M-51.9M89.1M-1.2M42.8M
Net DEX793.7M-604.3M1.47B1.30B-604.3M
Net VEX-14.4M-18.6M-11.5M-11.5M-18.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.220.850.390.22
Total Volume244,244.19138,767482,784247,351482,784
Total OI2,420,858.8572,057,3852,727,1762,057,3852,727,176

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-08-03$48.24$55.0030.9%8.6%67.1%17.2%31.3%0.7%-0.2%-1.2M1.30B-11.5M0.392.58178,56568,7861,209,117848,268
2020-08-04$48.92$55.0030.8%8.5%67.7%17.0%30.6%0.5%0.1%19.3M1.11B-12.4M0.222.45184,08041,1331,257,455878,164
2020-08-05$48.85$55.0030.0%8.2%67.7%15.9%29.4%0.0%-0.4%22.7M1.12B-12.4M0.372.61182,55967,9531,298,548891,266
2020-08-06$48.47$52.5029.8%8.8%67.6%15.5%31.1%1.9%-0.4%9.3M1.33B-12.8M0.382.18113,13042,5381,332,023926,049
2020-08-07$47.99$52.5030.8%9.1%66.8%17.0%32.0%2.0%-0.3%-51.9M1.47B-12.8M0.832.05176,379146,5481,345,655940,796
2020-08-10$49.19$50.0030.2%8.6%68.0%16.1%31.8%1.4%0.1%18.2M939.4M-14.0M0.262.73164,69643,2631,337,188985,392
2020-08-11$48.36$50.0031.1%9.1%68.0%17.5%32.6%1.9%0.7%6.3M1.25B-13.4M0.292.04112,08432,6571,365,809994,366
2020-08-12$49.14$50.0030.2%8.5%68.5%16.1%30.5%1.8%-0.8%25.6M921.9M-14.0M0.311.98138,98243,4301,394,854999,977
2020-08-13$48.68$50.0029.7%8.6%68.3%15.4%30.7%1.1%0.3%16.4M1.03B-14.3M0.301.90132,77940,0631,436,5151,011,315
2020-08-14$48.95$50.0029.3%8.4%67.9%14.9%30.8%1.3%-0.2%89.1M904.4M-14.3M0.271.94151,94441,5041,486,1301,027,173
2020-08-17$49.01$50.0027.2%7.8%67.2%11.9%29.4%1.7%0.8%26.7M887.5M-14.1M0.231.81144,81432,8011,432,5601,011,135
2020-08-18$48.68$50.0026.5%7.6%67.3%10.7%27.0%1.1%-0.2%20.0M1.07B-13.7M0.431.63121,73952,1071,484,6821,020,752
2020-08-19$48.44$50.0026.4%7.6%67.0%10.7%27.3%2.0%-0.0%4.5M1.16B-13.7M0.571.78110,95463,1401,497,6541,032,131
2020-08-20$49.38$50.0027.1%7.8%67.9%11.6%27.9%1.0%0.2%58.7M596.4M-14.5M0.221.94288,32262,5701,530,1051,034,900
2020-08-21$49.11$50.0026.4%7.5%21.2%10.6%26.8%1.1%0.6%50.0M733.8M-14.4M0.662.10181,739119,5911,565,8981,047,338
2020-08-24$49.01$50.0027.4%7.9%20.0%12.1%28.2%1.6%0.1%10.3M623.7M-14.8M0.462.66140,86465,0311,283,156975,045
2020-08-25$49.47$50.0026.5%7.7%20.2%10.8%27.7%1.3%0.6%25.5M391.9M-15.2M0.852.56183,301156,4001,326,485996,300
2020-08-26$49.51$48.0027.7%7.9%18.2%12.5%28.4%1.1%0.2%24.9M361.5M-16.2M0.643.32161,455103,8251,415,9881,099,317
2020-08-27$49.53$47.5028.6%8.1%18.1%13.8%28.6%1.6%1.2%27.9M368.6M-17.1M0.282.63108,04430,7231,501,7301,172,698
2020-08-28$50.48$47.5029.7%8.2%18.6%15.4%29.6%0.5%0.8%59.5M-291.7M-17.9M0.302.49319,29596,5561,531,1091,185,817
2020-08-31$51.10$47.5031.6%8.9%18.4%18.1%32.7%-1.6%1.1%42.8M-604.3M-18.6M0.222.69396,37686,4081,536,6171,190,559