INTC Options History — April 2022

In April 2022, INTC traded between $43.88 and $49.11. ATM implied volatility averaged 40.3%, placing in the 76.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 4.6% (HV 20d: 35.7%). Max pain ranged from $47.50 to $50.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.77.

Notable Days

2022-04-29: Highest Volume — 437,652 contracts
2022-04-29: Largest IV drop — 15.5% change
2022-04-26: Highest IV Rank — 98.4%
2022-04-26: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$46.99	$43.88	$49.11	$47.83	$43.88
Max Pain	$49.65	$47.50	$50.00	$50.00	$47.50
ATM IV	40.3%	35.7%	46.0%	37.1%	35.7%
Expected Move	11.4%	9.4%	14.1%	10.1%	10.5%
HV 20d	35.7%	29.2%	39.9%	38.0%	38.8%
HV 60d	35.5%	33.6%	36.9%	35.6%	36.9%
IV Rank	76.7%	59.2%	98.4%	64.6%	59.2%
IV Percentile	96.4%	82.9%	99.6%	96.0%	82.9%
Term Structure	-1.8%	-3.3%	-0.3%	-0.3%	-0.9%
VWIV	40.2%	33.3%	50.7%	35.2%	36.9%
Skew 25d	5.9%	4.7%	8.0%	4.7%	6.1%
Skew 10d	11.4%	8.4%	16.8%	9.2%	13.0%
Call IV 25d	38.0%	34.2%	42.8%	35.9%	34.3%
Put IV 25d	43.9%	39.1%	50.6%	40.6%	40.5%
Bid-Ask Spread %	2.00	1.60	2.40	1.77	2.27
Gamma HHI	0.07	0.06	0.10	0.07	0.10
Net GEX	6.1M	-19.0M	32.6M	12.7M	-19.0M
Net DEX	581.6M	-324.3M	1.72B	333.8M	1.72B
Net VEX	-20.7M	-22.1M	-17.6M	-21.5M	-17.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.41	1.39	0.62	1.00
Total Volume	158,589.3	77,814	437,652	248,267	437,652
Total OI	2,697,972.05	2,478,397	2,851,700	2,740,951	2,786,255

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
2022-04-01	$47.83	$50.00	37.1%	10.1%	38.0%	64.6%	35.2%	4.7%	-0.3%	12.7M	333.8M	-21.5M	0.62	1.77	152,971	95,296	1,644,118	1,096,833
2022-04-04	$49.11	$50.00	36.4%	9.4%	39.1%	61.8%	33.3%	4.9%	-1.7%	32.6M	-324.3M	-22.1M	0.59	2.20	92,423	54,593	1,613,448	1,090,462
2022-04-05	$48.17	$50.00	38.1%	10.2%	39.7%	68.3%	36.6%	5.3%	-1.8%	17.7M	148.6M	-21.6M	1.03	1.90	41,468	42,691	1,631,685	1,105,235
2022-04-06	$47.74	$50.00	39.9%	10.7%	39.9%	75.2%	36.0%	5.6%	-2.0%	8.8M	358.0M	-21.5M	0.82	1.70	85,775	70,289	1,635,953	1,121,248
2022-04-07	$47.78	$50.00	39.8%	10.7%	38.8%	74.9%	37.5%	5.6%	-2.2%	5.5M	350.9M	-21.6M	0.54	1.60	72,210	38,799	1,646,928	1,141,708
2022-04-08	$47.22	$50.00	40.0%	10.5%	38.8%	75.4%	37.6%	5.8%	-2.4%	4.9M	661.8M	-20.8M	1.20	2.01	48,177	57,875	1,664,695	1,146,957
2022-04-11	$46.71	$50.00	41.0%	11.0%	36.6%	79.5%	39.2%	5.5%	-1.8%	-2.2M	822.3M	-20.3M	0.78	1.85	103,807	81,204	1,617,273	1,123,998
2022-04-12	$46.50	$50.00	41.8%	11.1%	36.7%	82.5%	40.5%	5.6%	-3.3%	-4.9M	922.0M	-20.4M	0.61	2.04	105,540	64,353	1,641,779	1,146,248
2022-04-13	$47.06	$50.00	39.1%	10.6%	34.9%	72.2%	36.9%	5.2%	-2.2%	-2.7M	689.3M	-20.7M	0.69	2.09	60,859	42,159	1,664,289	1,164,525
2022-04-14	$45.84	$50.00	39.8%	11.2%	35.7%	74.7%	38.4%	5.5%	-1.0%	-14.0M	1.22B	-19.5M	0.80	1.81	90,188	72,477	1,674,820	1,176,880
2022-04-18	$46.42	$50.00	39.8%	11.2%	35.8%	74.6%	39.1%	5.9%	-1.0%	-7.2M	808.5M	-20.1M	0.41	2.05	125,699	51,491	1,437,313	1,041,084
2022-04-19	$47.80	$50.00	38.3%	10.9%	37.3%	69.0%	38.1%	5.1%	-1.8%	18.2M	219.0M	-21.2M	0.53	1.94	81,645	43,121	1,511,441	1,056,667
2022-04-20	$48.22	$50.00	38.9%	11.2%	36.1%	71.5%	38.5%	5.4%	-1.8%	28.5M	19.2M	-21.6M	0.68	2.07	74,888	50,764	1,535,243	1,063,497
2022-04-21	$47.50	$50.00	40.6%	11.7%	36.5%	77.7%	41.8%	5.7%	-1.7%	17.7M	338.3M	-21.3M	0.55	2.30	63,580	35,055	1,548,983	1,078,033
2022-04-22	$46.84	$50.00	42.7%	12.5%	29.5%	85.6%	43.7%	7.1%	-2.3%	3.3M	581.1M	-20.8M	0.95	2.02	53,109	50,481	1,558,449	1,085,451
2022-04-25	$46.98	$50.00	43.4%	13.1%	29.5%	88.4%	46.9%	7.2%	-1.8%	7.7M	506.9M	-20.9M	0.59	1.74	81,095	47,654	1,492,483	1,062,977
2022-04-26	$45.85	$49.50	46.0%	14.1%	30.3%	98.4%	50.6%	7.8%	-2.4%	2.9M	827.9M	-20.2M	1.39	2.40	44,492	61,725	1,534,193	1,077,650
2022-04-27	$45.42	$48.50	45.3%	13.8%	29.2%	95.8%	50.7%	8.0%	-2.3%	-1.4M	992.3M	-19.8M	0.70	2.05	45,780	32,034	1,555,074	1,100,534
2022-04-28	$46.99	$47.50	42.3%	13.2%	32.4%	84.1%	46.4%	7.0%	-2.3%	11.8M	443.4M	-20.6M	0.88	2.12	169,136	149,231	1,570,798	1,114,234
2022-04-29	$43.88	$47.50	35.7%	10.5%	38.8%	59.2%	36.9%	6.1%	-0.9%	-19.0M	1.72B	-17.6M	1.00	2.27	218,815	218,837	1,625,683	1,160,572