INTC Options History — March 2023

In March 2023, INTC traded between $25.30 and $32.66. ATM implied volatility averaged 38.6%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 0.8% (HV 20d: 37.7%). Max pain ranged from $26.00 to $27.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.80.

Notable Days

2023-03-29: Highest Volume — 700,045 contracts
2023-03-09: Largest IV spike — 11.4% change
2023-03-29: Highest IV Rank — 55.3%
2023-03-13: Largest Expected Move — 11.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.33	$25.30	$32.66	$25.30	$32.66
Max Pain	$27.24	$26.00	$27.50	$27.50	$27.50
ATM IV	38.6%	32.9%	45.0%	36.0%	43.6%
Expected Move	10.5%	9.5%	11.3%	10.4%	9.9%
HV 20d	37.7%	33.7%	43.2%	39.4%	42.4%
HV 60d	36.9%	34.2%	40.6%	34.2%	40.4%
IV Rank	35.5%	18.0%	55.3%	27.7%	50.8%
IV Percentile	57.1%	21.0%	84.1%	46.8%	77.4%
Term Structure	0.9%	-2.2%	6.7%	-0.9%	-0.5%
VWIV	36.9%	32.7%	42.4%	36.4%	35.6%
Skew 25d	4.7%	2.7%	6.7%	4.0%	3.3%
Skew 10d	8.9%	5.5%	12.6%	8.1%	6.0%
Call IV 25d	36.6%	31.2%	44.7%	34.1%	43.0%
Put IV 25d	41.3%	35.3%	48.1%	38.1%	46.3%
Bid-Ask Spread %	2.12	1.75	2.88	1.82	2.35
Gamma HHI	0.09	0.07	0.14	0.09	0.08
Net GEX	29.8M	794.5K	64.9M	794.5K	54.9M
Net DEX	-596.9M	-2.29B	412.9M	412.9M	-2.29B
Net VEX	-11.8M	-14.4M	-9.6M	-9.6M	-14.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.39	2.35	1.82	0.77
Total Volume	216,221.826	82,482	700,045	258,964	285,894
Total OI	2,765,710.826	2,510,251	2,974,301	2,749,548	2,974,301

Daily Data (23 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
2023-03-01	$25.30	$27.50	36.0%	10.4%	39.4%	27.7%	36.4%	4.0%	-0.9%	794.5K	412.9M	-9.6M	1.82	1.82	91,721	167,243	1,839,186	910,362
2023-03-02	$26.19	$27.50	35.4%	10.6%	38.2%	25.8%	36.9%	3.7%	-0.5%	10.7M	112.1M	-10.4M	0.78	2.28	80,278	62,784	1,867,018	930,701
2023-03-03	$26.41	$27.50	33.7%	9.6%	37.3%	20.6%	33.7%	3.7%	-0.5%	14.3M	30.8M	-10.5M	0.90	2.25	79,952	72,115	1,891,039	950,468
2023-03-06	$26.01	$27.50	33.7%	9.5%	37.0%	20.6%	32.8%	4.3%	0.1%	6.9M	227.1M	-10.0M	0.63	1.97	50,623	31,859	1,837,616	929,254
2023-03-07	$25.54	$27.50	33.2%	9.5%	33.7%	18.9%	33.8%	3.9%	0.3%	1.5M	357.8M	-9.9M	1.42	1.75	42,038	59,545	1,848,533	938,417
2023-03-08	$25.94	$27.50	32.9%	9.5%	34.2%	18.0%	32.7%	4.0%	0.1%	4.9M	270.8M	-10.1M	2.35	1.80	36,078	84,885	1,860,471	962,626
2023-03-09	$26.38	$27.50	36.6%	10.5%	34.1%	29.5%	36.0%	4.2%	-0.1%	12.7M	84.7M	-10.7M	0.85	1.91	146,775	124,074	1,865,886	971,370
2023-03-10	$27.23	$27.50	38.0%	10.6%	35.7%	33.8%	37.4%	4.5%	-0.2%	21.2M	-304.2M	-11.4M	0.60	1.75	139,976	84,018	1,898,161	987,935
2023-03-13	$27.16	$27.50	40.7%	11.3%	35.7%	42.2%	42.4%	5.9%	-1.1%	21.1M	-199.7M	-11.3M	0.79	2.38	86,560	68,727	1,870,365	947,589
2023-03-14	$27.80	$26.00	37.0%	10.7%	35.4%	30.8%	36.6%	4.9%	0.3%	29.8M	-478.6M	-11.7M	0.61	1.86	104,963	63,756	1,881,353	961,080
2023-03-15	$28.30	$26.00	39.5%	10.7%	36.0%	38.5%	37.9%	5.9%	-2.2%	35.1M	-662.2M	-11.9M	0.72	2.19	90,884	65,594	1,901,654	973,848
2023-03-16	$30.20	$26.00	37.4%	10.5%	42.9%	31.8%	37.7%	5.1%	-0.9%	52.4M	-1.44B	-12.8M	0.45	2.28	285,584	129,441	1,901,319	976,185
2023-03-17	$29.70	$26.00	39.1%	11.0%	43.0%	37.3%	38.8%	5.5%	-1.1%	42.6M	-1.22B	-12.8M	0.47	1.99	162,676	76,316	1,929,400	1,011,107
2023-03-20	$29.30	$27.50	38.1%	10.8%	42.5%	34.1%	38.2%	6.0%	5.9%	33.8M	-753.8M	-12.3M	0.75	1.97	81,514	60,748	1,672,132	838,119
2023-03-21	$28.59	$27.50	36.8%	10.5%	38.0%	30.2%	36.9%	5.6%	5.2%	29.9M	-518.9M	-11.9M	0.63	2.12	103,499	65,514	1,694,927	860,593
2023-03-22	$28.45	$27.50	36.7%	10.5%	36.1%	29.7%	35.8%	4.4%	6.7%	28.3M	-480.7M	-11.8M	0.53	2.45	100,819	53,908	1,711,919	880,941
2023-03-23	$28.94	$27.50	40.1%	11.2%	36.3%	40.3%	38.8%	5.4%	5.8%	35.6M	-670.9M	-12.3M	0.43	2.88	103,230	44,109	1,738,546	898,257
2023-03-24	$29.32	$27.50	41.2%	11.2%	34.9%	43.5%	39.2%	5.7%	6.6%	45.4M	-859.0M	-12.7M	0.74	1.97	95,824	70,648	1,776,961	909,307
2023-03-27	$29.30	$27.50	43.2%	10.8%	34.8%	49.6%	37.9%	6.7%	-1.0%	42.2M	-777.7M	-12.4M	0.67	2.23	75,772	50,478	1,738,450	864,480
2023-03-28	$29.14	$27.50	44.0%	10.8%	34.7%	52.0%	37.8%	5.5%	-0.5%	41.3M	-730.8M	-12.4M	0.39	2.05	88,344	34,568	1,761,051	882,128
2023-03-29	$31.59	$27.50	45.0%	10.8%	43.2%	55.3%	38.2%	2.7%	-1.0%	54.7M	-1.78B	-13.6M	0.48	2.28	473,422	226,623	1,789,751	890,823
2023-03-30	$32.09	$27.50	44.8%	10.2%	42.4%	54.7%	36.4%	3.1%	-1.1%	64.9M	-2.06B	-14.1M	0.61	2.32	291,183	178,540	1,898,736	986,984
2023-03-31	$32.66	$27.50	43.6%	9.9%	42.4%	50.8%	35.6%	3.3%	-0.5%	54.9M	-2.29B	-14.4M	0.77	2.35	161,579	124,315	1,923,712	1,050,589