INTC Options History — September 2020

In September 2020, INTC traded between $48.94 and $52.57. ATM implied volatility averaged 35.0%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 8.2% (HV 20d: 26.8%). Max pain ranged from $47.50 to $50.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2020-09-02: Highest Volume — 969,220 contracts
  • 2020-09-21: Largest IV spike — 17.7% change
  • 2020-09-23: Highest IV Rank — 35.3%
  • 2020-09-03: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.16$48.94$52.57$50.68$51.73
Max Pain$49.76$47.50$50.00$47.50$50.00
ATM IV35.0%27.1%43.5%32.9%36.8%
Expected Move8.7%7.6%10.7%9.4%7.6%
HV 20d26.8%18.3%29.2%18.3%28.9%
HV 60d43.6%43.2%45.0%43.6%43.7%
IV Rank23.0%11.7%35.3%20.0%25.6%
IV Percentile62.4%29.4%85.7%59.5%69.8%
Term Structure2.0%-2.4%11.1%-0.2%0.3%
VWIV31.2%27.1%38.9%34.7%27.1%
Skew 25d1.6%-3.4%5.2%-1.1%5.2%
Skew 10d3.0%-4.1%8.0%-4.1%4.5%
Call IV 25d34.8%27.5%43.5%34.2%37.0%
Put IV 25d36.5%28.6%46.1%33.1%42.2%
Bid-Ask Spread %2.841.736.792.323.84
Gamma HHI0.070.050.130.050.07
Net GEX33.9M-257.1K92.1M49.6M44.4M
Net DEX61.7M-1.78B846.5M-478.0M-505.1M
Net VEX-18.2M-20.5M-17.2M-19.1M-17.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.110.770.390.67
Total Volume205,160.57180,611969,220372,542146,465
Total OI2,778,324.7622,286,1823,142,8572,893,0252,376,664

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-09-01$50.68$47.5032.9%9.4%18.3%20.0%34.7%-1.1%-0.2%49.6M-478.0M-19.1M0.392.32267,176105,3661,660,8901,232,135
2020-09-02$52.57$47.5036.4%10.5%22.0%25.1%38.9%-3.4%-1.7%92.1M-1.78B-20.2M0.113.98872,75496,4661,693,6961,258,212
2020-09-03$50.34$50.0037.0%10.7%27.4%25.9%38.2%0.1%0.6%56.3M-297.4M-20.5M0.202.95340,16566,7851,810,5881,296,783
2020-09-04$50.36$50.0035.4%10.1%27.1%23.7%36.5%1.3%-0.1%58.5M-270.8M-20.3M0.396.79241,96894,7601,831,4661,311,391
2020-09-08$49.06$50.0036.2%10.1%27.5%24.8%37.0%0.5%-0.9%23.7M560.5M-18.9M0.482.68121,24857,8871,739,9701,256,224
2020-09-09$49.68$50.0031.4%9.0%27.1%17.9%32.1%1.1%-0.2%32.7M278.2M-18.5M0.362.31108,34839,3741,759,7721,268,650
2020-09-10$49.09$50.0030.5%8.7%26.9%16.6%30.8%1.7%-0.3%16.9M672.5M-18.1M0.452.43126,84456,9791,778,4681,281,887
2020-09-11$49.34$50.0029.2%8.3%26.7%14.7%29.7%2.6%-0.4%24.2M530.7M-18.2M0.471.73108,33750,8091,797,4071,299,640
2020-09-14$49.50$50.0027.5%7.9%26.7%12.3%28.5%1.3%10.5%23.1M420.2M-17.4M0.541.8285,85346,5891,715,1101,282,087
2020-09-15$50.05$50.0027.1%7.8%27.0%11.7%27.8%1.1%9.7%39.7M14.9M-17.9M0.492.5599,73048,5341,730,6061,296,676
2020-09-16$50.66$50.0028.3%8.1%27.1%13.5%29.2%0.9%9.9%50.5M-447.4M-18.1M0.502.1781,06240,8021,743,8861,312,504
2020-09-17$50.28$50.0031.1%8.3%27.2%17.4%29.5%1.3%9.5%44.0M-204.5M-18.1M0.772.1163,96149,4031,747,6571,313,672
2020-09-18$49.74$50.0032.0%8.1%26.7%18.7%28.7%0.5%11.1%42.5M263.9M-17.6M0.662.1994,76262,4341,759,2291,327,831
2020-09-21$49.61$50.0037.6%8.5%26.6%26.9%30.2%0.4%-1.9%7.6M540.9M-17.5M0.512.6390,43645,9471,234,2001,051,982
2020-09-22$50.07$50.0039.4%8.3%26.8%29.4%29.4%4.1%-1.1%15.7M339.9M-17.7M0.492.7654,03226,5791,254,0201,070,711
2020-09-23$48.94$50.0043.5%9.1%27.9%35.3%32.2%2.1%-1.9%-257.1K846.5M-17.4M0.542.9565,34335,1601,272,9001,085,359
2020-09-24$49.12$50.0042.5%8.9%27.9%33.8%31.1%5.1%-2.4%1.1M841.0M-17.2M0.473.4466,43431,4211,290,0941,099,876
2020-09-25$50.05$50.0039.4%7.8%28.8%29.4%27.4%4.3%-0.3%26.6M381.2M-17.4M0.432.9768,81029,8151,302,4601,103,769
2020-09-28$51.25$50.0039.6%7.9%29.2%29.7%27.7%2.9%1.5%28.5M-193.1M-17.5M0.362.6399,85935,9151,255,2961,075,270
2020-09-29$51.25$50.0040.3%8.0%28.9%30.6%28.7%2.3%0.8%34.4M-220.1M-17.5M0.512.4455,64728,1131,277,8891,087,893
2020-09-30$51.73$50.0036.8%7.6%28.9%25.6%27.1%5.2%0.3%44.4M-505.1M-17.4M0.673.8487,87158,5941,287,8261,088,838