INTC Options History — February 2021

In February 2021, INTC traded between $56.91 and $63.09. ATM implied volatility averaged 33.3%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded below realized volatility by 11.9% (HV 20d: 45.2%). Max pain ranged from $52.50 to $57.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.54.

Notable Days

2021-02-12: Highest Volume — 394,795 contracts
2021-02-25: Largest IV spike — 15.5% change
2021-02-26: Highest IV Rank — 26.8%
2021-02-25: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.26	$56.91	$63.09	$56.91	$61.50
Max Pain	$53.95	$52.50	$57.50	$53.00	$57.50
ATM IV	33.3%	29.4%	41.4%	35.0%	41.4%
Expected Move	9.4%	8.3%	11.7%	9.8%	10.4%
HV 20d	45.2%	30.2%	53.4%	53.2%	30.2%
HV 60d	40.2%	39.2%	41.7%	40.2%	41.7%
IV Rank	15.9%	10.7%	26.8%	19.2%	26.8%
IV Percentile	38.8%	19.8%	78.6%	46.0%	78.6%
Term Structure	0.4%	-1.0%	1.1%	-0.2%	-1.0%
VWIV	33.7%	29.7%	41.8%	35.2%	36.6%
Skew 25d	0.7%	-1.2%	2.4%	1.2%	-0.3%
Skew 10d	1.5%	-3.6%	9.8%	3.0%	6.1%
Call IV 25d	33.6%	29.6%	39.3%	35.5%	38.0%
Put IV 25d	34.3%	30.0%	41.7%	36.7%	37.7%
Bid-Ask Spread %	2.60	1.69	5.67	2.26	3.64
Gamma HHI	0.08	0.06	0.12	0.06	0.07
Net GEX	64.7M	39.3M	86.7M	52.6M	46.7M
Net DEX	-2.25B	-3.40B	-1.55B	-1.55B	-2.17B
Net VEX	-19.1M	-21.0M	-17.7M	-18.2M	-20.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.54	0.18	1.10	0.41	0.55
Total Volume	150,006.632	88,695	394,795	112,303	113,248
Total OI	2,177,715.526	1,978,852	2,376,359	2,161,127	2,128,990

Daily Data (19 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
2021-02-01	$56.91	$53.00	35.0%	9.8%	53.2%	19.2%	35.2%	1.2%	-0.2%	52.6M	-1.55B	-18.2M	0.41	2.26	79,770	32,533	1,144,491	1,016,636
2021-02-02	$58.06	$53.50	32.6%	9.0%	53.3%	15.5%	32.2%	1.5%	-0.1%	71.8M	-2.00B	-17.7M	0.54	2.78	79,168	42,720	1,161,499	1,024,597
2021-02-03	$57.78	$54.00	31.3%	8.3%	53.4%	13.6%	29.7%	0.9%	0.5%	69.7M	-1.91B	-17.7M	0.18	2.31	233,741	41,785	1,169,420	1,040,939
2021-02-04	$58.45	$52.50	30.4%	9.0%	53.4%	12.3%	32.5%	0.9%	0.1%	73.4M	-1.70B	-17.9M	0.49	2.26	90,414	44,652	1,115,713	1,059,575
2021-02-05	$58.20	$52.50	29.4%	8.7%	53.4%	10.7%	31.1%	0.4%	0.6%	61.6M	-1.63B	-17.9M	0.52	1.82	66,565	34,760	1,133,214	1,065,556
2021-02-08	$59.06	$52.50	29.9%	8.8%	53.2%	11.5%	32.0%	0.9%	0.9%	71.0M	-1.90B	-17.8M	0.93	1.69	52,581	48,990	1,084,113	1,028,861
2021-02-09	$58.94	$52.50	29.9%	8.8%	53.2%	11.5%	31.5%	0.8%	0.6%	70.6M	-1.84B	-18.1M	1.10	2.21	64,221	70,374	1,094,131	1,053,035
2021-02-10	$58.67	$52.50	31.7%	9.2%	52.5%	14.3%	32.2%	0.4%	0.7%	64.0M	-1.73B	-18.2M	0.57	2.12	56,484	32,211	1,100,821	1,072,929
2021-02-11	$60.65	$52.50	31.7%	9.2%	47.2%	14.2%	33.3%	0.4%	0.4%	83.5M	-2.49B	-18.4M	0.27	2.31	207,595	55,148	1,103,654	1,084,211
2021-02-12	$61.66	$52.50	32.7%	9.4%	46.1%	15.7%	34.6%	-1.2%	0.1%	86.7M	-2.92B	-18.4M	0.25	2.61	316,512	78,283	1,128,719	1,094,951
2021-02-16	$62.44	$52.50	33.8%	9.7%	45.0%	17.4%	34.6%	0.4%	0.5%	76.9M	-3.10B	-19.0M	0.42	1.96	104,950	43,909	1,146,128	1,095,239
2021-02-17	$62.00	$52.50	34.0%	9.7%	45.2%	17.7%	34.2%	0.3%	1.1%	71.2M	-2.98B	-20.1M	0.70	2.30	52,304	36,443	1,203,470	1,125,465
2021-02-18	$61.86	$55.00	33.1%	9.5%	45.0%	16.4%	33.4%	0.1%	0.9%	66.9M	-2.93B	-19.9M	0.58	2.24	65,993	38,242	1,216,405	1,138,698
2021-02-19	$63.09	$55.00	32.5%	9.2%	42.7%	12.9%	32.6%	0.3%	1.1%	77.4M	-3.40B	-19.9M	0.33	2.31	116,310	38,524	1,226,596	1,149,763
2021-02-22	$60.91	$55.00	34.1%	9.6%	33.9%	15.4%	34.4%	1.4%	0.4%	40.5M	-1.98B	-20.2M	0.65	5.67	67,513	44,164	1,024,760	954,092
2021-02-23	$61.26	$55.00	34.6%	9.7%	31.2%	16.1%	34.7%	0.6%	0.7%	45.3M	-2.07B	-20.3M	0.55	2.62	91,040	49,775	1,042,796	973,887
2021-02-24	$63.00	$57.00	34.6%	9.7%	32.2%	16.1%	34.3%	1.5%	0.3%	59.7M	-2.67B	-20.6M	0.39	2.18	80,752	31,842	1,074,006	993,345
2021-02-25	$60.56	$57.50	40.0%	11.7%	33.7%	24.5%	41.8%	2.4%	-0.2%	39.3M	-1.87B	-21.0M	0.81	4.01	81,185	65,425	1,096,599	1,009,291
2021-02-26	$61.50	$57.50	41.4%	10.4%	30.2%	26.8%	36.6%	-0.3%	-1.0%	46.7M	-2.17B	-20.8M	0.55	3.64	73,251	39,997	1,107,696	1,021,294