INTC Options History — February 2022

In February 2022, INTC traded between $44.70 and $49.83. ATM implied volatility averaged 32.4%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded below realized volatility by 1.3% (HV 20d: 33.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.59.

Notable Days

2022-02-18: Highest Volume — 525,366 contracts
2022-02-03: Largest IV spike — 11.5% change
2022-02-14: Highest IV Rank — 60.3%
2022-02-14: Largest Expected Move — 10.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.68	$44.70	$49.83	$48.92	$47.41
Max Pain	$50.00	$50.00	$50.00	$50.00	$50.00
ATM IV	32.4%	30.1%	36.0%	31.5%	32.6%
Expected Move	9.4%	8.4%	10.2%	10.1%	9.5%
HV 20d	33.7%	31.2%	40.0%	32.5%	33.9%
HV 60d	28.2%	26.6%	30.7%	26.6%	30.6%
IV Rank	46.4%	37.7%	60.3%	43.1%	47.3%
IV Percentile	60.0%	48.8%	86.5%	54.8%	61.1%
Term Structure	-0.5%	-1.3%	0.4%	-0.7%	-0.3%
VWIV	33.3%	29.7%	36.9%	36.3%	33.2%
Skew 25d	4.6%	3.2%	6.3%	3.6%	6.3%
Skew 10d	9.8%	6.6%	13.2%	6.9%	12.9%
Call IV 25d	30.8%	27.4%	34.0%	30.5%	29.5%
Put IV 25d	35.4%	32.5%	39.8%	34.1%	35.8%
Bid-Ask Spread %	2.00	1.46	2.41	2.23	2.41
Gamma HHI	0.10	0.06	0.50	0.08	0.06
Net GEX	-4.4M	-126.5M	33.3M	5.2M	9.2M
Net DEX	828.8M	-55.3M	2.17B	442.4M	592.5M
Net VEX	-22.3M	-24.0M	-19.5M	-22.1M	-22.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.59	0.17	1.19	0.39	0.76
Total Volume	191,122.263	95,476	525,366	174,345	114,825
Total OI	2,787,639.211	2,626,234	2,973,026	2,681,318	2,716,178

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
2022-02-01	$48.92	$50.00	31.5%	10.1%	32.5%	43.1%	36.3%	3.6%	-0.7%	5.2M	442.4M	-22.1M	0.39	2.23	125,511	48,834	1,547,909	1,133,409
2022-02-02	$49.51	$50.00	30.4%	10.1%	32.9%	39.2%	35.7%	3.8%	-0.7%	21.0M	189.4M	-22.7M	0.50	2.30	146,024	73,492	1,585,694	1,163,422
2022-02-03	$48.50	$50.00	34.0%	9.5%	32.5%	52.5%	32.3%	3.8%	-1.0%	5.2M	659.8M	-22.9M	0.17	1.96	261,457	43,363	1,634,768	1,197,674
2022-02-04	$48.07	$50.00	32.7%	9.2%	32.6%	47.6%	32.8%	4.0%	-0.8%	-27.5M	955.1M	-22.9M	0.40	2.11	155,245	61,801	1,611,322	1,209,504
2022-02-07	$48.16	$50.00	32.7%	9.2%	32.7%	47.7%	36.9%	4.2%	-0.5%	85.0K	783.5M	-22.9M	0.26	1.80	114,278	29,862	1,570,111	1,169,395
2022-02-08	$48.73	$50.00	30.5%	8.8%	31.2%	39.3%	33.3%	3.7%	0.4%	14.2M	520.5M	-23.1M	0.44	1.98	86,841	38,542	1,598,201	1,175,180
2022-02-09	$49.83	$50.00	30.1%	8.4%	31.8%	37.7%	30.6%	3.2%	-0.7%	33.3M	-55.3M	-24.0M	0.48	1.69	115,079	55,409	1,609,056	1,182,828
2022-02-10	$48.84	$50.00	31.6%	8.8%	32.2%	43.4%	34.0%	3.9%	-1.3%	14.9M	444.6M	-23.5M	0.76	1.88	76,061	57,730	1,624,228	1,197,745
2022-02-11	$47.64	$50.00	34.2%	9.7%	32.8%	53.2%	34.0%	4.9%	-0.2%	-11.6M	1.06B	-22.5M	1.19	2.16	62,382	74,452	1,634,271	1,213,625
2022-02-14	$47.46	$50.00	36.0%	10.2%	32.3%	60.3%	35.4%	5.8%	-0.3%	-7.1M	1.03B	-22.3M	0.70	1.94	93,466	65,071	1,584,321	1,190,480
2022-02-15	$48.19	$50.00	33.8%	9.7%	33.2%	51.9%	33.4%	4.1%	-0.9%	5.1M	695.5M	-22.8M	0.55	1.81	93,559	51,330	1,613,029	1,208,315
2022-02-16	$48.16	$50.00	32.5%	9.3%	33.0%	46.8%	32.7%	4.0%	-0.9%	6.8M	688.6M	-22.9M	0.86	1.54	51,308	44,168	1,647,145	1,225,151
2022-02-17	$47.78	$50.00	33.0%	9.5%	31.7%	48.9%	33.7%	4.2%	-0.8%	-252.8K	887.6M	-22.5M	0.61	1.94	134,625	82,780	1,662,479	1,238,093
2022-02-18	$45.12	$50.00	32.1%	9.2%	36.8%	45.5%	31.8%	4.5%	0.1%	-126.5M	2.17B	-19.5M	0.69	1.46	310,499	214,867	1,705,660	1,267,366
2022-02-22	$44.86	$50.00	31.6%	9.1%	36.6%	43.5%	31.9%	5.0%	0.0%	-19.7M	1.61B	-19.7M	0.64	2.20	125,660	80,175	1,521,662	1,104,572
2022-02-23	$44.70	$50.00	32.9%	9.7%	36.6%	48.4%	32.8%	6.0%	-0.1%	-17.1M	1.63B	-20.0M	0.62	2.11	92,650	57,118	1,546,340	1,142,244
2022-02-24	$46.50	$50.00	32.8%	9.3%	40.0%	48.1%	32.8%	6.2%	-0.2%	3.8M	933.7M	-21.9M	0.61	2.13	137,308	84,283	1,575,763	1,162,924
2022-02-25	$47.49	$50.00	30.1%	8.5%	35.1%	38.0%	29.7%	5.9%	0.2%	6.7M	507.1M	-22.8M	0.57	2.32	109,038	62,230	1,606,486	1,188,595
2022-02-28	$47.41	$50.00	32.6%	9.5%	33.9%	47.3%	33.2%	6.3%	-0.3%	9.2M	592.5M	-22.7M	0.76	2.41	65,371	49,454	1,566,475	1,149,703