INTC Options History — November 2023

In November 2023, INTC traded between $37.30 and $44.91. ATM implied volatility averaged 28.6%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 15.2% (HV 20d: 43.8%). Max pain ranged from $35.00 to $38.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.77.

Notable Days

2023-11-16: Highest Volume — 790,292 contracts
2023-11-16: Largest IV spike — 10.6% change
2023-11-16: Highest IV Rank — 22.9%
2023-11-16: Largest Expected Move — 9.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.13	$37.30	$44.91	$37.30	$44.64
Max Pain	$36.57	$35.00	$38.00	$35.00	$38.00
ATM IV	28.6%	27.0%	31.8%	30.7%	28.0%
Expected Move	8.5%	8.2%	9.2%	8.9%	8.7%
HV 20d	43.8%	32.8%	50.9%	45.4%	33.3%
HV 60d	37.2%	36.3%	38.5%	37.5%	37.1%
IV Rank	6.8%	0.0%	22.9%	6.4%	4.8%
IV Percentile	2.7%	0.0%	13.1%	1.2%	2.8%
Term Structure	0.3%	-0.8%	1.7%	0.1%	0.3%
VWIV	30.2%	28.5%	32.4%	31.1%	31.0%
Skew 25d	1.8%	-0.6%	3.6%	3.6%	0.7%
Skew 10d	4.1%	-0.5%	7.3%	7.3%	1.7%
Call IV 25d	28.1%	25.9%	32.9%	28.9%	28.2%
Put IV 25d	30.0%	28.1%	32.5%	32.5%	28.9%
Bid-Ask Spread %	2.11	1.70	3.65	1.95	2.01
Gamma HHI	0.12	0.08	0.15	0.08	0.14
Net GEX	69.3M	50.1M	87.5M	50.1M	83.8M
Net DEX	-2.97B	-4.39B	-1.55B	-1.55B	-4.08B
Net VEX	-14.3M	-14.9M	-13.4M	-14.6M	-14.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.46	1.49	0.75	0.65
Total Volume	189,816.238	51,154	790,292	129,428	115,781
Total OI	2,999,001.714	2,816,823	3,286,129	2,816,823	3,171,930

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
2023-11-01	$37.30	$35.00	30.7%	8.9%	45.4%	6.4%	31.1%	3.6%	0.1%	50.1M	-1.55B	-14.6M	0.75	1.95	74,057	55,371	1,579,939	1,236,884
2023-11-02	$37.73	$36.00	28.5%	8.7%	45.5%	0.0%	31.3%	3.5%	0.6%	56.3M	-1.74B	-14.6M	0.83	2.02	69,202	57,655	1,589,950	1,259,096
2023-11-03	$38.09	$36.00	27.4%	8.5%	45.5%	0.0%	29.8%	2.9%	0.8%	67.5M	-1.93B	-14.4M	0.54	1.96	83,907	45,121	1,604,550	1,281,657
2023-11-06	$38.02	$36.00	27.7%	8.4%	45.3%	1.5%	30.2%	3.0%	1.3%	57.9M	-1.80B	-14.3M	1.17	2.00	34,593	40,400	1,570,405	1,254,977
2023-11-07	$38.83	$36.00	27.0%	8.2%	45.7%	0.0%	29.1%	2.6%	1.7%	68.0M	-2.20B	-14.2M	0.86	2.10	81,473	70,174	1,586,246	1,275,443
2023-11-08	$37.95	$36.00	27.3%	8.3%	46.6%	1.4%	29.0%	2.7%	1.7%	55.6M	-1.73B	-14.7M	0.84	1.89	46,935	39,240	1,607,015	1,310,219
2023-11-09	$37.80	$36.00	28.1%	8.4%	46.6%	5.2%	29.2%	2.8%	1.6%	54.4M	-1.65B	-14.9M	0.76	3.65	53,810	40,927	1,621,377	1,312,683
2023-11-10	$38.94	$36.00	27.7%	8.2%	46.5%	3.3%	29.2%	2.2%	1.7%	82.4M	-2.32B	-14.5M	0.63	1.84	88,462	55,286	1,637,275	1,321,620
2023-11-13	$38.39	$36.00	28.7%	8.3%	46.5%	8.3%	29.2%	3.0%	0.2%	66.4M	-1.96B	-14.4M	0.76	1.70	29,029	22,125	1,637,735	1,305,621
2023-11-14	$39.41	$36.00	28.3%	8.2%	46.5%	6.4%	28.5%	2.1%	-0.1%	79.5M	-2.51B	-14.1M	0.48	1.84	118,050	56,806	1,644,625	1,312,519
2023-11-15	$40.72	$36.00	28.7%	8.2%	47.0%	8.4%	29.5%	1.8%	-0.2%	87.5M	-3.21B	-13.8M	0.58	1.87	183,756	106,388	1,669,841	1,329,570
2023-11-16	$43.34	$36.00	31.8%	9.2%	50.9%	22.9%	32.4%	-0.6%	-0.8%	78.0M	-4.33B	-13.4M	0.57	1.91	504,105	286,187	1,696,052	1,355,190
2023-11-17	$43.59	$36.00	30.2%	8.7%	49.9%	15.2%	31.7%	0.8%	-0.7%	72.1M	-4.39B	-14.3M	0.70	3.22	214,920	150,123	1,780,996	1,505,133
2023-11-20	$44.81	$37.00	30.4%	8.9%	46.8%	16.2%	31.5%	0.8%	-0.5%	79.6M	-4.23B	-14.1M	0.50	1.82	209,587	103,844	1,624,141	1,356,279
2023-11-21	$43.59	$37.00	30.6%	9.0%	48.7%	17.4%	31.8%	1.2%	-0.7%	67.5M	-3.63B	-14.5M	1.49	2.08	97,094	145,014	1,652,892	1,395,490
2023-11-22	$43.66	$37.00	28.6%	8.4%	42.7%	7.7%	29.6%	1.3%	-0.5%	60.4M	-3.69B	-14.5M	0.78	2.12	111,919	87,512	1,681,200	1,457,333
2023-11-24	$43.84	$38.00	28.0%	8.2%	41.9%	5.0%	30.6%	1.6%	-0.5%	73.1M	-3.70B	-14.6M	0.93	2.27	37,470	35,027	1,686,600	1,477,572
2023-11-27	$44.20	$38.00	27.9%	8.4%	32.8%	4.6%	29.8%	0.9%	0.4%	65.9M	-3.80B	-13.7M	1.14	1.99	59,589	68,091	1,625,034	1,407,427
2023-11-28	$44.06	$38.00	27.3%	8.2%	33.1%	1.6%	29.5%	0.8%	0.2%	66.7M	-3.71B	-13.9M	0.67	1.97	53,740	36,084	1,637,011	1,423,703
2023-11-29	$44.91	$38.00	28.1%	8.7%	33.2%	5.6%	30.5%	0.7%	0.2%	82.0M	-4.16B	-13.8M	0.46	2.15	149,217	68,070	1,659,143	1,436,663
2023-11-30	$44.64	$38.00	28.0%	8.7%	33.3%	4.8%	31.0%	0.7%	0.3%	83.8M	-4.08B	-14.3M	0.65	2.01	70,003	45,778	1,700,669	1,471,261