INTC Options History — August 2023

In August 2023, INTC traded between $32.56 and $35.78. ATM implied volatility averaged 33.2%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 4.8% (HV 20d: 38.0%). Max pain ranged from $32.00 to $34.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.69.

Notable Days

2023-08-31: Highest Volume — 417,920 contracts
2023-08-02: Largest IV spike — 6.0% change
2023-08-02: Highest IV Rank — 23.5%
2023-08-22: Largest Expected Move — 10.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$34.22	$32.56	$35.78	$35.78	$35.28
Max Pain	$32.78	$32.00	$34.00	$34.00	$33.00
ATM IV	33.2%	31.1%	35.0%	32.8%	31.1%
Expected Move	9.5%	8.3%	10.1%	9.5%	8.5%
HV 20d	38.0%	33.7%	42.5%	39.0%	34.5%
HV 60d	43.2%	39.0%	45.0%	44.2%	39.0%
IV Rank	16.4%	5.1%	23.5%	17.5%	5.2%
IV Percentile	20.8%	3.2%	36.5%	19.8%	4.0%
Term Structure	-0.1%	-1.2%	0.4%	-0.7%	0.2%
VWIV	33.4%	29.0%	35.8%	33.6%	29.8%
Skew 25d	2.6%	1.1%	3.7%	1.1%	2.0%
Skew 10d	5.1%	2.2%	6.6%	2.2%	3.7%
Call IV 25d	32.4%	29.3%	34.2%	32.9%	30.3%
Put IV 25d	35.0%	32.0%	37.1%	34.0%	32.3%
Bid-Ask Spread %	2.05	1.61	5.85	2.20	1.85
Gamma HHI	0.07	0.05	0.09	0.09	0.08
Net GEX	39.1M	12.1M	63.2M	63.2M	58.7M
Net DEX	-1.31B	-2.03B	-525.8M	-2.03B	-1.81B
Net VEX	-14.4M	-15.1M	-13.9M	-14.9M	-14.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.22	1.32	0.54	0.22
Total Volume	128,714.913	67,907	417,920	103,252	417,920
Total OI	2,780,170.913	2,633,940	2,910,586	2,768,411	2,799,383

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
2023-08-01	$35.78	$34.00	32.8%	9.5%	39.0%	17.5%	33.6%	1.1%	-0.7%	63.2M	-2.03B	-14.9M	0.54	2.20	67,164	36,088	1,760,427	1,007,984
2023-08-02	$34.41	$34.00	34.8%	9.9%	40.8%	23.5%	35.4%	1.9%	-1.0%	41.3M	-1.40B	-14.7M	0.73	1.97	130,855	95,575	1,767,178	1,014,717
2023-08-03	$34.77	$32.00	34.1%	9.6%	39.8%	21.6%	34.0%	1.8%	-1.2%	46.0M	-1.57B	-14.8M	0.74	1.69	84,089	62,632	1,788,292	1,027,848
2023-08-04	$35.06	$32.00	33.9%	9.7%	39.8%	20.8%	34.0%	2.1%	-0.5%	49.1M	-1.72B	-15.1M	0.60	1.81	80,964	48,212	1,777,383	1,053,961
2023-08-07	$35.00	$32.00	32.5%	9.3%	39.5%	16.6%	33.1%	2.4%	0.3%	50.9M	-1.68B	-14.8M	0.54	1.80	48,475	25,945	1,733,002	1,007,809
2023-08-08	$35.00	$32.00	33.9%	9.7%	39.2%	21.0%	33.5%	2.3%	0.1%	49.8M	-1.70B	-14.8M	0.52	1.78	96,763	50,674	1,744,069	1,019,604
2023-08-09	$34.48	$32.00	33.8%	9.7%	38.7%	20.7%	33.5%	2.6%	-0.2%	42.2M	-1.44B	-14.5M	0.71	1.74	42,168	29,898	1,745,913	1,029,964
2023-08-10	$34.66	$32.00	32.6%	9.3%	38.7%	17.1%	32.6%	2.4%	-0.0%	43.4M	-1.51B	-14.5M	0.54	1.85	59,673	32,300	1,746,855	1,036,435
2023-08-11	$34.75	$32.00	32.0%	9.2%	37.4%	15.0%	33.1%	2.9%	0.3%	48.2M	-1.56B	-14.5M	1.06	1.82	43,605	46,295	1,764,922	1,048,412
2023-08-14	$35.70	$33.00	32.0%	9.2%	35.8%	15.0%	32.3%	2.5%	0.0%	60.1M	-2.01B	-14.2M	1.32	1.66	82,244	108,935	1,734,341	1,015,475
2023-08-15	$34.83	$33.00	33.4%	9.6%	37.0%	19.3%	33.2%	2.7%	-0.0%	48.1M	-1.55B	-14.7M	0.91	1.67	42,376	38,540	1,749,758	1,095,604
2023-08-16	$33.56	$33.00	34.1%	9.8%	39.3%	20.9%	35.8%	3.3%	0.2%	26.6M	-923.8M	-14.4M	0.93	1.76	74,191	68,915	1,752,726	1,110,416
2023-08-17	$32.61	$33.00	34.5%	9.9%	38.7%	19.4%	35.8%	3.7%	0.2%	12.1M	-525.8M	-13.9M	0.52	1.78	92,631	47,779	1,767,049	1,127,736
2023-08-18	$32.86	$33.00	34.2%	9.8%	37.9%	17.7%	34.2%	3.1%	0.2%	23.0M	-628.6M	-14.0M	0.65	1.61	53,779	34,708	1,776,102	1,134,484
2023-08-21	$33.06	$33.00	34.1%	9.8%	37.8%	17.5%	34.5%	3.0%	-0.2%	21.8M	-816.5M	-13.9M	0.83	1.88	63,503	52,408	1,611,209	1,022,731
2023-08-22	$32.86	$33.00	35.0%	10.1%	37.5%	20.3%	35.0%	3.0%	-0.4%	20.6M	-762.0M	-14.0M	0.61	2.04	54,555	33,470	1,632,050	1,055,350
2023-08-23	$34.05	$33.00	34.5%	9.9%	39.5%	18.5%	35.1%	2.7%	-0.6%	35.0M	-1.23B	-14.4M	0.45	1.89	88,344	39,769	1,645,851	1,066,686
2023-08-24	$32.56	$33.00	34.4%	9.9%	42.5%	18.2%	35.2%	2.7%	-0.5%	13.1M	-605.2M	-13.9M	0.99	2.88	62,622	61,748	1,678,633	1,083,794
2023-08-25	$33.30	$33.00	32.9%	9.2%	35.7%	13.6%	32.4%	2.7%	0.0%	26.0M	-925.9M	-14.0M	0.69	1.84	57,057	39,205	1,688,889	1,096,734
2023-08-28	$33.59	$33.00	31.4%	9.0%	35.1%	8.4%	31.8%	2.7%	0.4%	29.6M	-1.05B	-13.9M	0.72	1.86	39,400	28,507	1,651,753	1,065,401
2023-08-29	$34.41	$33.00	31.1%	8.8%	36.4%	5.2%	30.7%	2.8%	0.4%	43.9M	-1.37B	-14.2M	0.53	1.93	65,697	35,062	1,666,035	1,076,391
2023-08-30	$34.47	$33.00	31.1%	8.3%	33.7%	5.1%	29.0%	2.7%	0.0%	46.1M	-1.43B	-14.0M	0.63	5.85	58,740	36,963	1,680,223	1,084,352
2023-08-31	$35.28	$33.00	31.1%	8.5%	34.5%	5.2%	29.8%	2.0%	0.2%	58.7M	-1.81B	-14.1M	0.22	1.85	342,119	75,801	1,701,428	1,097,955