INTC Options History — July 2023

In July 2023, INTC traded between $31.95 and $36.72. ATM implied volatility averaged 42.5%, placing in the 47.5% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 4.0% (HV 20d: 38.5%). Max pain ranged from $31.00 to $34.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-07-28: Highest Volume — 689,718 contracts
  • 2023-07-28: Largest IV drop — 31.6% change
  • 2023-07-27: Highest IV Rank — 57.9%
  • 2023-07-27: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.85$31.95$36.72$33.45$35.78
Max Pain$32.80$31.00$34.00$31.00$34.00
ATM IV42.5%31.4%45.9%41.0%32.7%
Expected Move11.8%8.9%14.1%9.0%9.6%
HV 20d38.5%31.3%47.4%47.4%39.0%
HV 60d43.2%42.0%44.3%42.0%44.3%
IV Rank47.5%13.2%57.9%42.8%17.2%
IV Percentile70.8%9.1%87.3%66.3%19.4%
Term Structure-1.9%-2.6%-0.3%-2.0%-0.8%
VWIV41.6%31.4%49.4%31.9%33.9%
Skew 25d1.1%0.4%1.8%1.1%1.3%
Skew 10d2.4%0.6%4.5%3.0%3.1%
Call IV 25d42.4%31.2%45.8%40.5%32.5%
Put IV 25d43.5%32.4%46.7%41.6%33.8%
Bid-Ask Spread %2.041.782.211.782.21
Gamma HHI0.100.070.330.080.09
Net GEX58.8M33.4M105.6M54.6M62.8M
Net DEX-1.62B-2.75B-835.2M-1.54B-2.04B
Net VEX-14.6M-15.0M-14.1M-14.7M-14.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.371.040.440.54
Total Volume192,098.4569,286689,71869,286216,235
Total OI2,817,592.52,535,7773,005,9932,763,0032,718,443

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$33.45$31.0041.0%9.0%47.4%42.8%31.9%1.1%-2.0%54.6M-1.54B-14.7M0.441.7848,20521,0811,782,285980,718
2023-07-05$32.70$31.0042.8%9.6%44.7%48.3%34.5%1.3%-2.4%45.0M-1.18B-14.3M0.671.9786,14357,7441,793,415987,236
2023-07-06$31.95$33.0044.0%11.6%44.0%52.0%40.9%1.6%-2.6%33.4M-835.2M-14.1M0.442.12157,22369,4261,814,3621,005,916
2023-07-07$32.03$33.0042.6%11.3%44.0%47.8%39.6%1.8%-2.5%58.1M-879.4M-14.2M0.421.9180,12933,5641,854,8931,021,009
2023-07-10$32.64$32.0043.1%11.6%44.1%49.5%41.0%1.6%-1.8%45.6M-1.19B-14.4M0.672.0573,57749,0411,796,9011,000,463
2023-07-11$33.20$33.0043.0%11.7%44.2%49.1%40.7%1.8%-1.8%55.5M-1.49B-14.6M0.481.9077,15336,7511,818,3741,015,021
2023-07-12$34.05$33.0043.4%11.9%41.5%50.1%41.9%1.6%-1.6%66.6M-1.90B-14.8M0.562.1696,64953,9591,826,2341,024,770
2023-07-13$33.92$33.0043.0%11.8%40.6%49.1%41.7%1.2%-2.0%68.9M-1.86B-14.6M0.642.0871,93645,7221,843,6101,044,586
2023-07-14$33.09$33.0043.5%12.0%37.1%50.6%41.7%1.1%-2.5%57.6M-1.39B-14.5M0.372.0188,16732,8471,855,2451,052,733
2023-07-17$34.47$33.0044.1%12.4%40.0%52.3%43.6%0.9%-1.6%67.5M-2.05B-14.7M0.442.15136,78359,8261,811,8751,026,435
2023-07-18$34.66$33.0044.5%12.7%39.2%53.7%44.5%0.4%-1.9%72.0M-2.19B-14.8M0.842.1297,09781,7931,846,4181,059,305
2023-07-19$34.47$33.0044.4%12.7%35.0%53.4%44.9%0.6%-2.1%73.1M-2.11B-14.9M0.472.1676,85735,8991,873,6451,087,438
2023-07-20$33.31$33.0045.3%13.1%31.9%56.1%45.8%0.9%-2.4%57.4M-1.45B-14.5M0.682.11106,07872,3531,874,7701,096,278
2023-07-21$34.05$33.0043.0%12.5%32.2%48.9%44.5%0.9%-2.1%105.6M-1.86B-14.6M0.492.06118,67857,8511,894,0181,111,975
2023-07-24$33.61$33.0043.9%13.1%32.3%51.7%46.1%0.9%-1.9%35.6M-1.19B-14.3M0.541.94100,47853,7671,605,969929,808
2023-07-25$34.00$33.0044.0%13.3%32.1%52.1%46.9%0.6%-1.9%42.3M-1.39B-14.7M1.041.9963,50065,8981,658,241941,281
2023-07-26$34.41$33.0044.9%13.7%31.9%55.0%48.0%0.8%-2.3%44.0M-1.51B-15.0M0.572.1092,90852,5381,677,305982,954
2023-07-27$34.41$33.0045.9%14.1%31.3%57.9%49.4%0.8%-2.6%43.3M-1.58B-15.0M0.692.01286,020198,3751,713,1131,008,419
2023-07-28$36.72$33.0031.4%8.9%37.5%13.2%31.4%1.2%-0.3%87.4M-2.75B-14.5M0.442.00479,354210,3641,815,1391,101,250
2023-07-31$35.78$34.0032.7%9.6%39.0%17.2%33.9%1.3%-0.8%62.8M-2.04B-14.8M0.542.21140,65775,5781,737,065981,378