INTC Options History — November 2021

In November 2021, INTC traded between $48.78 and $51.40. ATM implied volatility averaged 23.7%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded below realized volatility by 14.7% (HV 20d: 38.4%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.43.

Notable Days

2021-11-05: Highest Volume — 441,313 contracts
2021-11-26: Largest IV spike — 15.9% change
2021-11-30: Highest IV Rank — 32.3%
2021-11-30: Largest Expected Move — 8.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.10	$48.78	$51.40	$49.29	$49.41
Max Pain	$51.43	$50.00	$52.50	$52.50	$50.00
ATM IV	23.7%	21.1%	28.3%	21.6%	28.3%
Expected Move	6.9%	6.1%	8.3%	6.3%	8.3%
HV 20d	38.4%	16.3%	50.1%	49.3%	19.2%
HV 60d	31.0%	30.6%	31.6%	30.8%	31.6%
IV Rank	13.9%	3.7%	32.3%	5.6%	32.3%
IV Percentile	21.3%	3.2%	43.3%	6.7%	43.3%
Term Structure	0.3%	-0.1%	0.8%	0.3%	0.5%
VWIV	24.8%	22.0%	29.5%	22.9%	29.5%
Skew 25d	0.9%	-0.1%	3.2%	-0.1%	3.2%
Skew 10d	1.7%	-1.0%	6.9%	-1.0%	6.7%
Call IV 25d	24.2%	22.1%	27.4%	22.7%	27.4%
Put IV 25d	25.1%	22.3%	30.6%	22.6%	30.6%
Bid-Ask Spread %	2.24	1.58	4.40	4.40	2.33
Gamma HHI	0.09	0.07	0.14	0.08	0.07
Net GEX	-7.1M	-47.3M	23.2M	-33.2M	9.1M
Net DEX	874.1M	332.6M	1.39B	1.39B	793.6M
Net VEX	-20.8M	-22.2M	-18.9M	-18.9M	-21.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.15	0.72	0.28	0.56
Total Volume	193,512.381	95,197	441,313	191,226	143,741
Total OI	2,810,497.857	2,634,683	2,987,979	2,669,198	2,764,875

Daily Data (21 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
2021-11-01	$49.29	$52.50	21.6%	6.3%	49.3%	5.6%	22.9%	-0.1%	0.3%	-33.2M	1.39B	-18.9M	0.28	4.40	149,676	41,550	1,416,687	1,252,511
2021-11-02	$49.73	$52.50	21.6%	6.2%	49.3%	5.6%	22.3%	-0.1%	0.3%	692.9K	1.13B	-19.3M	0.47	2.82	132,935	62,435	1,469,464	1,265,776
2021-11-03	$50.30	$52.50	21.1%	6.1%	49.6%	3.7%	22.0%	0.2%	0.5%	23.2M	810.7M	-20.0M	0.15	2.17	334,897	49,773	1,506,690	1,286,106
2021-11-04	$50.11	$52.50	22.5%	6.7%	49.4%	9.1%	24.3%	0.1%	0.2%	-2.7M	1.08B	-20.8M	0.24	2.43	180,761	42,687	1,492,366	1,294,896
2021-11-05	$50.87	$52.50	23.1%	6.9%	49.9%	11.6%	24.5%	-0.0%	0.4%	-6.7M	602.1M	-21.7M	0.28	2.36	343,437	97,876	1,524,895	1,300,043
2021-11-08	$51.40	$50.00	25.0%	7.3%	50.1%	19.1%	26.3%	0.4%	0.2%	5.6M	332.6M	-22.2M	0.53	2.46	182,425	96,215	1,518,313	1,281,915
2021-11-09	$51.24	$52.50	24.3%	7.2%	49.1%	16.4%	26.3%	0.2%	0.8%	-1.1M	510.6M	-22.1M	0.34	2.26	89,105	30,338	1,557,036	1,316,865
2021-11-10	$50.79	$52.50	24.0%	7.1%	49.1%	15.1%	25.2%	0.8%	0.8%	-11.1M	791.0M	-21.6M	0.46	2.16	76,386	34,920	1,564,550	1,318,903
2021-11-11	$50.65	$52.50	22.8%	6.7%	47.7%	10.2%	24.5%	0.8%	0.7%	-18.4M	904.1M	-21.2M	0.38	1.83	68,999	26,198	1,566,385	1,323,495
2021-11-12	$50.38	$52.50	22.2%	6.5%	47.4%	8.2%	23.6%	0.5%	0.6%	-28.3M	1.03B	-20.8M	0.41	1.68	90,538	37,087	1,582,068	1,326,070
2021-11-15	$50.33	$52.50	22.5%	6.5%	47.4%	9.4%	23.6%	0.0%	0.4%	-26.5M	942.7M	-20.6M	0.39	1.90	108,904	42,568	1,523,427	1,277,460
2021-11-16	$50.78	$52.50	23.1%	6.6%	47.3%	11.7%	23.5%	0.5%	-0.1%	-7.9M	689.7M	-20.8M	0.36	1.93	232,689	83,495	1,555,279	1,285,640
2021-11-17	$50.29	$52.50	23.2%	6.6%	47.2%	11.8%	23.4%	0.7%	0.1%	-16.5M	811.1M	-21.1M	0.72	1.82	100,605	72,481	1,626,862	1,311,303
2021-11-18	$49.60	$50.00	23.7%	6.8%	47.1%	14.0%	24.3%	0.5%	0.2%	-47.3M	1.16B	-20.8M	0.43	1.58	117,859	50,819	1,642,665	1,323,646
2021-11-19	$49.47	$50.00	22.9%	6.5%	16.3%	10.8%	23.2%	0.3%	0.5%	-5.6M	1.26B	-20.8M	0.59	1.66	85,430	50,115	1,658,928	1,329,051
2021-11-22	$50.21	$50.00	24.1%	6.9%	17.1%	15.4%	24.5%	1.3%	0.1%	9.3M	555.1M	-20.9M	0.23	2.14	184,837	43,000	1,451,249	1,183,434
2021-11-23	$49.08	$50.00	24.8%	7.2%	17.7%	18.3%	25.3%	1.0%	0.1%	-8.4M	1.03B	-20.4M	0.55	2.28	96,145	52,401	1,501,046	1,196,358
2021-11-24	$49.61	$50.00	23.6%	6.8%	17.8%	13.8%	24.2%	1.7%	0.3%	8.4M	779.3M	-20.8M	0.49	2.16	80,836	39,750	1,535,330	1,218,525
2021-11-26	$48.78	$50.00	27.4%	8.0%	18.9%	28.7%	29.0%	3.2%	-0.1%	-4.4M	1.13B	-20.7M	0.64	2.39	63,750	40,996	1,557,386	1,220,745
2021-11-29	$49.87	$50.00	25.3%	7.3%	18.9%	20.3%	28.6%	2.7%	0.6%	12.5M	614.5M	-20.8M	0.58	2.23	129,516	75,585	1,493,998	1,198,214
2021-11-30	$49.41	$50.00	28.3%	8.3%	19.2%	32.3%	29.5%	3.2%	0.5%	9.1M	793.6M	-21.0M	0.56	2.33	91,910	51,831	1,536,222	1,228,653