INTC Options History — May 2022

In May 2022, INTC traded between $41.24 and $46.47. ATM implied volatility averaged 34.5%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded below realized volatility by 6.2% (HV 20d: 40.7%). Max pain ranged from $46.00 to $50.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.77.

Notable Days

2022-05-04: Highest Volume — 275,054 contracts
2022-05-18: Largest IV spike — 19.9% change
2022-05-12: Highest IV Rank — 73.4%
2022-05-11: Largest Expected Move — 11.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.46	$41.24	$46.47	$44.64	$44.52
Max Pain	$48.45	$46.00	$50.00	$47.50	$47.50
ATM IV	34.5%	29.7%	39.4%	34.2%	29.7%
Expected Move	10.0%	8.5%	11.3%	10.4%	9.0%
HV 20d	40.7%	35.7%	43.6%	37.1%	36.0%
HV 60d	37.6%	36.5%	38.7%	36.9%	36.5%
IV Rank	54.4%	36.4%	73.4%	53.5%	36.4%
IV Percentile	70.8%	40.9%	93.3%	72.6%	40.9%
Term Structure	-0.1%	-2.2%	1.9%	-0.1%	-0.3%
VWIV	34.5%	28.1%	38.7%	36.3%	31.5%
Skew 25d	6.7%	5.3%	8.5%	6.6%	6.0%
Skew 10d	13.1%	10.2%	17.4%	13.3%	10.8%
Call IV 25d	32.0%	27.1%	36.5%	32.4%	28.0%
Put IV 25d	38.6%	32.4%	43.6%	38.9%	34.0%
Bid-Ask Spread %	1.98	1.46	2.57	2.25	2.12
Gamma HHI	0.10	0.07	0.12	0.09	0.09
Net GEX	-15.0M	-37.6M	11.7M	-14.9M	1.9M
Net DEX	1.49B	547.0M	2.31B	1.23B	701.2M
Net VEX	-18.0M	-19.5M	-16.0M	-18.5M	-18.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.28	1.09	0.58	0.89
Total Volume	161,154.095	97,431	275,054	231,987	123,523
Total OI	2,851,771.143	2,685,321	3,036,828	2,685,321	2,725,672

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
2022-05-02	$44.64	$47.50	34.2%	10.4%	37.1%	53.5%	36.3%	6.6%	-0.1%	-14.9M	1.23B	-18.5M	0.58	2.25	147,048	84,939	1,564,249	1,121,072
2022-05-03	$45.03	$46.50	33.7%	10.1%	35.7%	51.5%	36.4%	6.6%	-0.2%	-5.7M	1.13B	-18.8M	0.97	2.19	87,978	85,009	1,618,855	1,163,657
2022-05-04	$46.47	$46.00	30.3%	8.8%	37.4%	38.5%	28.1%	6.2%	0.1%	11.7M	547.0M	-19.5M	0.28	2.35	215,661	59,393	1,664,119	1,188,364
2022-05-05	$44.59	$50.00	35.4%	10.2%	39.9%	57.9%	36.5%	7.6%	-0.2%	-19.6M	1.37B	-19.2M	0.64	2.09	110,422	70,174	1,614,404	1,201,547
2022-05-06	$44.21	$50.00	35.6%	10.0%	39.9%	58.6%	33.6%	7.8%	-0.2%	-37.6M	1.48B	-18.6M	0.96	1.77	98,405	94,177	1,631,132	1,209,514
2022-05-09	$43.17	$50.00	38.8%	11.2%	40.4%	70.7%	37.6%	8.5%	0.5%	-20.7M	1.70B	-17.8M	1.00	1.81	64,336	64,358	1,619,093	1,183,091
2022-05-10	$43.97	$50.00	38.4%	10.8%	41.1%	69.6%	37.2%	8.1%	-0.8%	-14.1M	1.42B	-18.9M	0.71	1.57	92,235	65,243	1,638,358	1,202,179
2022-05-11	$42.96	$50.00	38.8%	11.3%	41.8%	71.1%	38.7%	7.1%	0.3%	-21.6M	1.73B	-18.2M	1.02	1.74	61,980	62,928	1,664,611	1,215,811
2022-05-12	$42.48	$50.00	39.4%	11.2%	41.4%	73.4%	38.7%	7.0%	-0.7%	-25.6M	1.91B	-17.7M	0.70	1.63	73,333	51,422	1,677,696	1,236,015
2022-05-13	$43.64	$50.00	34.7%	10.3%	42.1%	55.4%	34.5%	6.2%	1.9%	-19.7M	1.58B	-18.2M	0.68	1.80	113,583	77,114	1,695,527	1,243,099
2022-05-16	$43.14	$50.00	35.1%	10.1%	41.8%	57.0%	33.9%	5.8%	-1.3%	-22.4M	1.73B	-17.6M	0.53	1.48	103,900	54,666	1,676,488	1,221,719
2022-05-17	$44.21	$50.00	30.8%	8.8%	41.4%	40.7%	32.6%	5.8%	0.6%	-13.7M	1.34B	-18.4M	0.71	1.96	97,571	68,947	1,697,180	1,233,265
2022-05-18	$42.48	$47.50	37.0%	10.6%	43.0%	64.0%	36.5%	7.0%	-0.4%	-25.3M	1.89B	-17.3M	0.87	1.87	67,573	58,988	1,716,331	1,244,235
2022-05-19	$42.20	$47.50	34.9%	10.0%	42.8%	56.1%	35.4%	6.4%	-0.1%	-30.7M	2.03B	-16.9M	1.09	1.46	69,910	75,953	1,735,499	1,260,444
2022-05-20	$41.24	$47.50	36.3%	10.6%	43.2%	61.3%	35.5%	6.4%	-2.2%	-21.1M	2.31B	-16.0M	0.62	2.06	157,296	96,790	1,757,234	1,279,594
2022-05-23	$41.79	$47.50	33.4%	9.7%	43.6%	50.3%	33.5%	6.2%	0.2%	-17.8M	1.79B	-16.3M	0.59	1.91	66,134	38,699	1,577,051	1,142,470
2022-05-24	$41.83	$47.50	33.8%	10.0%	43.1%	52.0%	35.3%	6.3%	0.0%	-15.4M	1.76B	-16.7M	0.54	2.57	115,222	62,565	1,600,974	1,153,899
2022-05-25	$42.14	$47.50	33.4%	9.8%	43.3%	50.3%	33.5%	6.8%	0.1%	-12.6M	1.68B	-17.3M	1.09	2.49	46,569	50,862	1,628,931	1,184,718
2022-05-26	$43.55	$47.50	30.3%	9.1%	43.2%	38.5%	30.3%	6.2%	0.4%	1.9M	1.20B	-18.4M	1.09	2.42	57,914	63,241	1,644,765	1,193,356
2022-05-27	$44.45	$47.50	29.7%	8.5%	36.5%	36.4%	29.7%	5.3%	0.3%	8.7M	857.6M	-19.1M	0.62	2.11	78,979	49,196	1,655,533	1,205,443
2022-05-31	$44.52	$47.50	29.7%	9.0%	36.0%	36.4%	31.5%	6.0%	-0.3%	1.9M	701.2M	-18.8M	0.89	2.12	65,250	58,273	1,576,555	1,149,117