INTC Options History — November 2020

In November 2020, INTC traded between $44.34 and $48.14. ATM implied volatility averaged 27.4%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded below realized volatility by 13.0% (HV 20d: 40.4%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.62.

Notable Days

2020-11-24: Highest Volume — 170,542 contracts
2020-11-04: Largest IV drop — 12.0% change
2020-11-02: Highest IV Rank — 23.4%
2020-11-02: Largest Expected Move — 10.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.92	$44.34	$48.14	$44.34	$48.14
Max Pain	$50.00	$50.00	$50.00	$50.00	$50.00
ATM IV	27.4%	24.3%	35.2%	35.2%	27.0%
Expected Move	8.1%	7.1%	10.8%	10.8%	8.1%
HV 20d	40.4%	22.1%	49.0%	47.1%	22.1%
HV 60d	34.1%	32.9%	34.8%	33.9%	32.9%
IV Rank	12.2%	7.6%	23.4%	23.4%	11.6%
IV Percentile	24.8%	13.5%	57.1%	57.1%	21.4%
Term Structure	-0.0%	-1.0%	1.4%	-0.9%	1.4%
VWIV	28.6%	25.4%	38.3%	38.3%	28.9%
Skew 25d	2.8%	1.6%	5.0%	5.0%	1.6%
Skew 10d	6.1%	3.8%	10.6%	10.6%	3.8%
Call IV 25d	26.9%	23.9%	33.8%	33.8%	26.7%
Put IV 25d	29.6%	26.3%	38.8%	38.8%	28.3%
Bid-Ask Spread %	4.08	2.17	7.24	2.29	3.94
Gamma HHI	0.10	0.08	0.15	0.09	0.08
Net GEX	-26.8M	-58.0M	21.9M	-34.5M	720.1K
Net DEX	1.75B	689.1M	2.26B	2.21B	689.1M
Net VEX	-14.2M	-15.8M	-13.5M	-13.5M	-15.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.31	1.62	0.57	0.31
Total Volume	113,271.45	72,037	170,542	139,681	136,817
Total OI	2,466,283.2	2,234,022	2,589,551	2,428,543	2,349,821

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
2020-11-02	$44.34	$50.00	35.2%	10.8%	47.1%	23.4%	38.3%	5.0%	-0.9%	-34.5M	2.21B	-13.5M	0.57	2.29	88,770	50,911	1,265,430	1,163,113
2020-11-03	$44.99	$50.00	33.3%	10.4%	47.7%	20.6%	37.1%	4.5%	-0.4%	-32.4M	2.07B	-13.6M	0.62	7.24	81,567	50,409	1,265,430	1,163,113
2020-11-04	$45.74	$50.00	29.3%	9.1%	47.1%	14.8%	31.9%	3.3%	-0.0%	-27.6M	1.92B	-14.0M	0.68	5.58	82,128	55,732	1,311,844	1,217,611
2020-11-05	$45.56	$50.00	28.8%	8.4%	46.8%	14.1%	28.9%	3.8%	-0.0%	-31.9M	2.01B	-14.3M	0.58	4.28	52,439	30,298	1,304,128	1,232,291
2020-11-06	$45.44	$50.00	27.3%	8.0%	46.8%	12.0%	28.2%	3.3%	0.8%	-35.3M	2.07B	-14.0M	0.80	5.70	46,474	37,074	1,311,390	1,233,233
2020-11-09	$46.18	$50.00	25.7%	7.6%	46.4%	9.7%	26.2%	2.3%	0.6%	-28.4M	1.79B	-14.0M	0.50	3.30	88,629	43,912	1,274,260	1,186,813
2020-11-10	$45.57	$50.00	28.1%	8.2%	46.3%	13.1%	29.1%	2.5%	0.6%	-34.5M	1.99B	-13.8M	1.62	2.71	48,182	78,070	1,285,486	1,193,981
2020-11-11	$46.40	$50.00	26.3%	7.6%	47.3%	10.6%	27.8%	2.5%	0.1%	-29.8M	1.73B	-14.4M	0.60	3.78	51,089	30,451	1,295,839	1,225,762
2020-11-12	$44.77	$50.00	28.2%	8.3%	48.1%	13.3%	29.3%	2.7%	0.7%	-48.9M	2.26B	-13.6M	0.70	4.32	90,357	62,820	1,300,797	1,231,820
2020-11-13	$45.49	$50.00	26.6%	7.8%	48.5%	11.0%	27.1%	3.0%	0.7%	-58.0M	2.06B	-14.0M	0.73	3.27	48,751	35,622	1,338,007	1,251,544
2020-11-16	$46.09	$50.00	27.3%	7.9%	49.0%	12.0%	27.6%	2.8%	-1.0%	-32.4M	1.86B	-14.1M	0.73	3.14	64,443	46,821	1,294,572	1,224,766
2020-11-17	$45.62	$50.00	27.0%	7.8%	48.9%	11.6%	27.4%	2.2%	-0.4%	-34.0M	1.99B	-13.9M	0.52	2.46	57,836	29,898	1,308,526	1,219,365
2020-11-18	$45.24	$50.00	26.6%	7.6%	48.8%	10.9%	27.2%	2.4%	-0.5%	-40.6M	2.12B	-13.7M	0.55	3.22	46,537	25,500	1,329,714	1,222,651
2020-11-19	$45.52	$50.00	26.7%	7.7%	48.7%	11.1%	26.7%	2.4%	-0.6%	-36.8M	1.89B	-13.8M	0.61	3.07	65,898	40,146	1,344,380	1,204,621
2020-11-20	$45.52	$50.00	26.4%	7.6%	25.7%	10.6%	27.0%	1.8%	-0.3%	-30.5M	1.84B	-13.9M	0.60	2.17	65,108	39,037	1,369,967	1,211,190
2020-11-23	$46.10	$50.00	25.0%	7.3%	24.1%	8.7%	25.7%	2.8%	-0.2%	-19.5M	1.46B	-14.1M	0.39	6.03	82,323	32,464	1,146,246	1,087,776
2020-11-24	$47.06	$50.00	24.6%	7.3%	24.0%	8.1%	25.7%	1.9%	-0.1%	-4.0M	1.08B	-14.8M	0.44	4.86	118,384	52,158	1,172,010	1,100,092
2020-11-25	$47.06	$50.00	24.3%	7.1%	22.4%	7.6%	25.4%	2.4%	0.2%	490.1K	1.11B	-14.9M	0.55	5.12	53,801	29,334	1,196,252	1,122,499
2020-11-27	$47.53	$50.00	24.9%	7.4%	22.2%	8.5%	26.2%	1.9%	-0.5%	21.9M	859.4M	-15.4M	0.37	5.12	91,234	34,005	1,224,228	1,145,096
2020-11-30	$48.14	$50.00	27.0%	8.1%	22.1%	11.6%	28.9%	1.6%	1.4%	720.1K	689.1M	-15.8M	0.31	3.94	104,055	32,762	1,210,335	1,139,486