INTC Options History — January 2022

In January 2022, INTC traded between $47.28 and $55.80. ATM implied volatility averaged 38.0%, placing in the 72.6% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 14.6% (HV 20d: 23.4%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.58.

Notable Days

2022-01-27: Highest Volume — 567,320 contracts
2022-01-27: Largest IV drop — 18.3% change
2022-01-21: Highest IV Rank — 100.0%
2022-01-26: Largest Expected Move — 14.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.87	$47.28	$55.80	$53.17	$48.52
Max Pain	$51.00	$50.00	$52.50	$52.50	$50.00
ATM IV	38.0%	31.8%	46.4%	34.7%	31.8%
Expected Move	10.7%	6.5%	14.6%	6.5%	10.0%
HV 20d	23.4%	19.2%	34.1%	26.0%	34.1%
HV 60d	29.2%	22.0%	34.1%	34.0%	26.6%
IV Rank	72.6%	44.1%	100.0%	57.3%	44.1%
IV Percentile	88.0%	56.3%	100.0%	75.4%	56.3%
Term Structure	-1.3%	-3.3%	1.1%	-1.7%	-0.5%
VWIV	37.7%	23.1%	50.6%	23.1%	35.3%
Skew 25d	4.1%	1.8%	9.6%	3.6%	4.1%
Skew 10d	8.3%	3.5%	21.6%	6.5%	7.9%
Call IV 25d	36.5%	30.8%	43.4%	32.7%	30.8%
Put IV 25d	40.7%	34.9%	50.8%	36.4%	34.9%
Bid-Ask Spread %	2.21	1.57	3.20	2.13	2.01
Gamma HHI	0.08	0.07	0.10	0.07	0.08
Net GEX	46.8M	-27.7M	95.0M	58.5M	-4.8M
Net DEX	-1.06B	-2.62B	1.20B	-1.16B	554.0M
Net VEX	-22.9M	-24.2M	-20.5M	-21.8M	-21.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.35	0.94	0.38	0.67
Total Volume	250,510.85	129,682	567,320	229,448	302,991
Total OI	2,857,525.1	2,149,299	3,171,867	2,840,833	2,509,773

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
2022-01-03	$53.17	$52.50	34.7%	6.5%	26.0%	57.3%	23.1%	3.6%	-1.7%	58.5M	-1.16B	-21.8M	0.38	2.13	166,381	63,067	1,625,945	1,214,888
2022-01-04	$53.38	$52.50	35.4%	6.6%	23.0%	60.0%	23.2%	3.6%	-1.7%	67.3M	-1.30B	-22.3M	0.49	2.30	183,809	89,338	1,665,786	1,242,044
2022-01-05	$54.25	$52.50	36.7%	7.4%	21.4%	68.9%	26.7%	3.1%	-1.8%	80.8M	-1.88B	-23.5M	0.38	2.00	339,597	130,604	1,712,107	1,275,148
2022-01-06	$53.96	$50.00	36.3%	9.9%	20.9%	67.4%	36.1%	3.2%	-1.8%	71.5M	-1.62B	-23.7M	0.67	1.87	123,248	82,235	1,740,558	1,315,400
2022-01-07	$53.49	$50.00	36.2%	10.1%	19.2%	66.9%	35.8%	3.3%	-2.0%	77.5M	-1.30B	-23.9M	0.52	2.03	92,473	48,178	1,771,195	1,338,302
2022-01-10	$54.92	$50.00	36.7%	10.4%	20.9%	69.2%	36.7%	2.5%	0.2%	70.0M	-2.02B	-24.1M	0.35	1.57	133,108	46,431	1,711,893	1,307,602
2022-01-11	$55.80	$50.00	34.8%	10.1%	20.9%	61.0%	35.8%	1.8%	0.6%	94.6M	-2.59B	-24.2M	0.39	2.40	164,106	64,562	1,748,374	1,321,560
2022-01-12	$55.72	$50.00	34.3%	10.1%	20.1%	58.8%	35.5%	2.5%	1.1%	95.0M	-2.62B	-23.8M	0.64	2.31	107,774	69,405	1,773,146	1,337,132
2022-01-13	$55.14	$50.00	35.2%	10.2%	20.7%	62.7%	36.0%	2.8%	0.5%	83.4M	-2.25B	-23.7M	0.61	1.86	80,607	49,075	1,790,667	1,356,418
2022-01-14	$55.62	$50.00	35.8%	10.4%	20.6%	68.6%	36.9%	2.0%	1.0%	71.6M	-2.55B	-24.0M	0.50	2.35	112,598	55,767	1,802,378	1,369,489
2022-01-18	$54.87	$50.00	38.4%	11.0%	21.4%	79.8%	39.3%	2.8%	-1.9%	76.1M	-1.99B	-23.5M	0.40	2.15	114,095	45,299	1,758,983	1,336,996
2022-01-19	$53.90	$50.00	38.3%	11.0%	20.4%	79.7%	39.7%	3.0%	-1.7%	58.1M	-1.31B	-23.2M	0.60	1.97	138,026	82,405	1,763,637	1,346,596
2022-01-20	$52.29	$50.00	39.1%	11.3%	22.7%	83.3%	39.6%	3.3%	-2.1%	10.5M	-346.7M	-22.4M	0.57	2.26	105,888	60,352	1,768,732	1,346,075
2022-01-21	$52.28	$52.50	43.7%	12.8%	22.7%	100.0%	45.5%	5.1%	-3.3%	20.3M	-248.6M	-22.9M	0.65	2.39	195,929	127,783	1,786,953	1,361,492
2022-01-24	$51.44	$52.50	45.9%	14.0%	23.1%	100.0%	49.3%	9.6%	-2.6%	15.9M	-135.6M	-22.4M	0.78	3.20	134,500	105,513	1,247,574	901,725
2022-01-25	$51.31	$52.50	46.4%	14.3%	22.9%	100.0%	50.6%	8.1%	-2.5%	16.1M	-187.1M	-22.7M	0.94	2.42	91,537	85,798	1,294,043	943,945
2022-01-26	$51.52	$52.50	45.9%	14.6%	23.0%	97.8%	50.0%	8.5%	-2.8%	16.8M	-294.2M	-23.3M	0.70	2.83	188,207	131,403	1,323,120	980,532
2022-01-27	$48.46	$52.50	37.5%	11.5%	31.5%	65.9%	40.2%	4.4%	-1.3%	-27.7M	900.3M	-20.9M	0.64	2.20	345,003	222,317	1,408,265	1,051,488
2022-01-28	$47.28	$50.00	36.3%	11.0%	32.4%	61.5%	38.8%	5.6%	-1.1%	-15.7M	1.20B	-20.5M	0.70	2.03	195,053	135,755	1,509,816	1,090,725
2022-01-31	$48.52	$50.00	31.8%	10.0%	34.1%	44.1%	35.3%	4.1%	-0.5%	-4.8M	554.0M	-21.3M	0.67	2.01	181,901	121,090	1,450,336	1,059,437