INTC Options History — February 2024

In February 2024, INTC traded between $41.98 and $44.48. ATM implied volatility averaged 34.1%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded below realized volatility by 11.5% (HV 20d: 45.5%). Max pain ranged from $42.00 to $43.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.45.

Notable Days

2024-02-22: Highest Volume — 443,102 contracts
2024-02-12: Largest IV spike — 8.6% change
2024-02-20: Highest IV Rank — 55.0%
2024-02-20: Largest Expected Move — 11.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.19	$41.98	$44.48	$43.44	$42.80
Max Pain	$42.30	$42.00	$43.00	$42.00	$43.00
ATM IV	34.1%	31.6%	38.6%	32.8%	31.6%
Expected Move	9.7%	9.0%	11.4%	9.3%	9.1%
HV 20d	45.5%	23.3%	52.4%	51.2%	24.7%
HV 60d	40.8%	39.4%	42.7%	42.5%	39.6%
IV Rank	33.4%	21.8%	55.0%	27.7%	21.8%
IV Percentile	37.2%	19.8%	59.1%	30.2%	19.8%
Term Structure	-0.6%	-2.2%	0.2%	-0.3%	-1.1%
VWIV	34.5%	31.9%	40.9%	32.7%	32.5%
Skew 25d	-0.3%	-1.6%	0.7%	0.7%	-0.2%
Skew 10d	-1.2%	-4.8%	1.1%	1.0%	-0.8%
Call IV 25d	34.7%	32.4%	39.5%	32.8%	32.4%
Put IV 25d	34.4%	32.2%	38.7%	33.5%	32.2%
Bid-Ask Spread %	2.63	1.77	5.69	1.89	4.56
Gamma HHI	0.07	0.05	0.23	0.07	0.06
Net GEX	22.4M	-18.4M	46.8M	23.8M	27.9M
Net DEX	-819.2M	-1.38B	-182.5M	-566.3M	-1.02B
Net VEX	-16.5M	-17.7M	-15.6M	-15.8M	-17.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.45	0.18	0.68	0.52	0.68
Total Volume	198,901.4	100,826	443,102	132,282	159,377
Total OI	2,632,563.95	2,402,755	2,806,262	2,642,123	2,649,065

Daily Data (20 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
2024-02-01	$43.44	$42.00	32.8%	9.3%	51.2%	27.7%	32.7%	0.7%	-0.3%	23.8M	-566.3M	-15.8M	0.52	1.89	87,302	44,980	1,371,333	1,270,790
2024-02-02	$42.67	$42.00	32.7%	9.3%	51.4%	27.1%	32.6%	0.3%	-0.4%	6.7M	-182.5M	-15.6M	0.62	2.03	163,248	101,775	1,382,861	1,282,080
2024-02-05	$42.81	$42.00	33.7%	9.6%	51.5%	31.8%	33.7%	0.4%	-0.1%	10.7M	-382.7M	-15.8M	0.44	5.69	103,963	46,006	1,286,395	1,245,788
2024-02-06	$42.50	$42.00	33.0%	9.3%	49.8%	28.2%	32.5%	0.5%	-0.6%	9.7M	-290.3M	-15.8M	0.56	2.28	68,155	38,383	1,316,267	1,271,340
2024-02-07	$42.80	$42.00	31.9%	9.1%	50.0%	23.4%	32.3%	-0.0%	-0.2%	16.5M	-513.2M	-15.8M	0.55	1.77	103,930	57,208	1,337,784	1,267,270
2024-02-08	$42.53	$42.00	32.4%	9.3%	50.0%	25.7%	32.9%	0.1%	-0.1%	8.8M	-416.2M	-15.8M	0.48	2.06	100,201	47,852	1,376,292	1,271,555
2024-02-09	$43.16	$42.00	33.4%	9.5%	50.4%	30.2%	33.5%	-0.6%	-0.3%	33.5M	-759.1M	-16.2M	0.35	2.46	153,680	53,585	1,393,520	1,286,685
2024-02-12	$44.06	$42.00	36.2%	10.3%	51.2%	43.7%	37.0%	-1.6%	-0.5%	39.2M	-1.23B	-16.4M	0.29	2.21	244,572	70,482	1,353,624	1,264,252
2024-02-13	$43.06	$42.00	36.9%	10.5%	51.7%	46.8%	37.5%	-0.8%	-0.9%	18.8M	-708.0M	-16.4M	0.30	1.92	83,984	25,404	1,393,095	1,289,543
2024-02-14	$44.20	$42.00	36.0%	10.3%	52.4%	42.4%	36.6%	-0.8%	-1.2%	45.4M	-1.27B	-16.6M	0.29	2.05	78,323	22,503	1,406,558	1,291,751
2024-02-15	$44.23	$42.00	37.2%	10.7%	51.9%	48.3%	37.8%	-1.0%	-2.2%	46.8M	-1.26B	-16.4M	0.46	2.25	120,048	55,485	1,417,637	1,293,204
2024-02-16	$43.55	$42.00	36.2%	10.5%	50.1%	43.6%	37.4%	-1.2%	-0.9%	35.7M	-876.7M	-16.2M	0.53	1.94	103,085	54,796	1,422,508	1,302,580
2024-02-20	$44.48	$42.00	38.6%	11.4%	51.0%	55.0%	40.9%	-0.8%	-1.3%	34.1M	-1.38B	-16.2M	0.18	2.26	276,359	51,002	1,208,029	1,194,726
2024-02-21	$43.34	$42.00	36.1%	10.4%	51.3%	43.1%	36.9%	-0.2%	-0.3%	32.1M	-1.00B	-16.4M	0.38	3.32	270,379	101,692	1,345,542	1,212,667
2024-02-22	$43.14	$43.00	33.7%	9.6%	51.0%	31.7%	34.7%	-0.1%	-0.1%	22.4M	-902.1M	-17.4M	0.22	2.58	361,881	81,221	1,452,044	1,249,192
2024-02-23	$43.03	$43.00	33.0%	9.0%	50.8%	28.2%	32.0%	-0.3%	-0.1%	-18.4M	-903.9M	-17.7M	0.49	2.57	157,570	76,945	1,534,876	1,271,386
2024-02-26	$43.14	$43.00	31.8%	9.3%	23.3%	22.8%	32.6%	0.1%	0.2%	25.7M	-1.11B	-17.5M	0.57	2.80	97,774	55,361	1,320,742	1,211,710
2024-02-27	$42.83	$43.00	31.9%	9.0%	23.4%	23.1%	31.9%	-0.0%	-0.6%	21.0M	-985.5M	-17.4M	0.47	2.68	84,513	39,873	1,350,635	1,238,055
2024-02-28	$41.98	$43.00	31.9%	9.2%	23.7%	23.3%	31.9%	-0.3%	-1.0%	7.5M	-619.9M	-17.4M	0.67	3.37	81,160	53,971	1,367,193	1,250,705
2024-02-29	$42.80	$43.00	31.6%	9.1%	24.7%	21.8%	32.5%	-0.2%	-1.1%	27.9M	-1.02B	-17.5M	0.68	4.56	94,844	64,533	1,386,687	1,262,378