INTC Options History — February 2023

In February 2023, INTC traded between $24.84 and $30.23. ATM implied volatility averaged 34.2%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 6.7% (HV 20d: 40.9%). Max pain ranged from $27.50 to $29.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.84.

Notable Days

  • 2023-02-03: Highest Volume — 451,186 contracts
  • 2023-02-21: Largest IV spike — 11.5% change
  • 2023-02-22: Highest IV Rank — 33.1%
  • 2023-02-21: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.63$24.84$30.23$29.32$24.84
Max Pain$27.66$27.50$29.00$29.00$27.50
ATM IV34.2%30.4%37.8%30.4%34.2%
Expected Move9.8%9.2%10.6%9.2%9.9%
HV 20d40.9%38.6%43.6%39.0%38.6%
HV 60d34.5%32.9%37.1%35.7%33.9%
IV Rank22.3%10.5%33.1%10.5%22.0%
IV Percentile34.0%11.1%59.1%11.1%30.2%
Term Structure-0.2%-0.8%0.7%-0.1%-0.5%
VWIV34.9%32.3%37.6%33.4%34.5%
Skew 25d4.0%2.3%5.1%3.2%4.4%
Skew 10d7.3%3.1%9.4%4.9%7.6%
Call IV 25d32.8%29.3%35.2%29.3%32.6%
Put IV 25d36.8%32.5%40.3%32.5%37.0%
Bid-Ask Spread %2.191.585.402.825.40
Gamma HHI0.100.060.200.100.10
Net GEX8.2M-12.2M40.8M26.4M-4.9M
Net DEX238.1M-601.3M685.3M-136.7M612.4M
Net VEX-10.6M-12.2M-8.9M-11.3M-8.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.331.190.910.50
Total Volume180,17562,591451,186286,478133,109
Total OI2,758,992.4212,499,7192,889,4382,806,1262,702,691

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-02-01$29.32$29.0030.4%9.2%39.0%10.5%33.4%3.2%-0.1%26.4M-136.7M-11.3M0.912.82150,296136,1821,738,5591,067,567
2023-02-02$29.94$27.5032.5%9.2%38.6%16.8%32.3%2.5%-0.4%36.6M-432.6M-11.7M0.612.24176,292107,0221,757,7641,092,405
2023-02-03$30.23$27.5033.0%9.4%38.6%18.5%32.9%2.3%-0.4%40.8M-601.3M-12.2M0.331.92339,487111,6991,777,0141,110,062
2023-02-06$28.76$29.0034.2%9.7%40.5%22.2%37.5%3.6%-0.3%12.3M189.0M-11.4M0.882.09111,05597,9921,680,3521,042,657
2023-02-07$29.04$27.5032.8%9.5%40.1%17.9%33.7%3.7%0.3%17.5M10.3M-11.6M0.721.9580,47457,8491,709,3061,047,602
2023-02-08$28.29$27.5034.7%9.7%41.1%23.7%35.4%3.5%-0.8%4.5M257.5M-11.0M1.141.5882,39293,6951,735,4901,050,032
2023-02-09$27.74$27.5036.1%10.5%41.3%28.0%36.6%3.7%0.6%-5.3M408.0M-11.0M0.781.9481,19563,3081,768,4911,077,092
2023-02-10$27.79$27.5034.8%10.1%40.8%23.8%36.1%3.7%0.7%2.1M396.2M-11.1M1.141.9046,31952,7991,795,6461,093,792
2023-02-13$28.54$27.5034.8%10.0%42.2%23.9%35.7%4.5%0.2%14.1M79.6M-11.4M0.471.6946,46421,9361,748,8581,045,801
2023-02-14$28.63$27.5033.4%9.6%41.9%19.6%33.7%4.4%0.0%17.3M54.5M-11.3M0.911.8932,80729,7841,761,5121,050,837
2023-02-15$28.66$27.5032.6%9.3%41.1%17.0%34.1%3.9%0.2%19.2M39.3M-11.2M0.981.6936,46235,5701,768,4261,051,072
2023-02-16$28.23$27.5033.7%9.7%41.3%20.5%32.5%3.8%-0.1%7.0M209.7M-10.8M0.691.6746,09131,6951,777,5791,053,524
2023-02-17$27.62$27.5033.3%9.6%41.2%19.3%33.2%4.1%-0.2%-2.4M421.8M-10.3M0.851.6754,87346,5421,785,6881,056,390
2023-02-21$26.13$27.5037.1%10.6%42.6%31.0%37.2%4.9%-0.7%-2.1M605.9M-9.1M0.852.2389,91676,6701,626,713873,006
2023-02-22$25.39$27.5037.8%10.6%43.2%33.1%37.6%5.1%-0.7%-6.3M685.3M-9.0M1.002.72200,508201,1451,667,138893,849
2023-02-23$25.64$27.5034.7%10.0%43.6%23.7%35.2%5.0%-0.4%-4.3M498.2M-9.3M0.952.01115,860110,4241,761,727883,502
2023-02-24$25.09$27.5035.8%10.2%43.6%27.0%35.8%4.8%-0.2%-12.2M638.8M-9.0M1.092.0089,26496,9361,794,483909,595
2023-02-27$25.01$27.5034.9%10.1%38.6%24.3%35.4%4.9%-0.6%-5.0M587.4M-9.0M1.192.0963,54375,6701,771,105893,529
2023-02-28$24.84$27.5034.2%9.9%38.6%22.0%34.5%4.4%-0.5%-4.9M612.4M-8.9M0.505.4088,71744,3921,798,050904,641