INTC Options History — March 2024

In March 2024, INTC traded between $41.95 and $46.05. ATM implied volatility averaged 38.5%, placing in the 54.5% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 4.1% (HV 20d: 42.6%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.53.

Notable Days

2024-03-04: Highest Volume — 598,388 contracts
2024-03-25: Largest IV spike — 15.2% change
2024-03-27: Highest IV Rank — 91.6%
2024-03-07: Largest Expected Move — 11.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.50	$41.95	$46.05	$43.81	$44.05
Max Pain	$43.25	$43.00	$44.00	$43.00	$43.00
ATM IV	38.5%	33.1%	46.4%	33.1%	46.1%
Expected Move	10.2%	9.5%	11.3%	9.5%	9.8%
HV 20d	42.6%	26.0%	46.5%	26.0%	45.4%
HV 60d	42.9%	39.4%	44.3%	39.4%	41.4%
IV Rank	54.5%	29.0%	91.6%	29.0%	90.0%
IV Percentile	61.9%	33.7%	99.2%	33.7%	97.6%
Term Structure	2.1%	-3.0%	9.5%	0.7%	-0.8%
VWIV	36.6%	33.8%	40.7%	33.8%	34.8%
Skew 25d	-1.3%	-4.8%	1.1%	-0.8%	-0.7%
Skew 10d	-4.2%	-12.0%	-1.6%	-2.6%	-2.1%
Call IV 25d	39.8%	33.9%	47.4%	33.9%	47.0%
Put IV 25d	38.5%	33.2%	46.6%	33.2%	46.3%
Bid-Ask Spread %	3.30	2.24	8.94	8.94	2.96
Gamma HHI	0.08	0.05	0.34	0.12	0.34
Net GEX	36.8M	-3.7K	127.8M	62.1M	127.8M
Net DEX	-1.37B	-2.88B	-569.8M	-1.55B	-1.68B
Net VEX	-19.5M	-20.1M	-18.0M	-18.0M	-20.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.20	1.04	0.47	0.51
Total Volume	274,782.1	113,338	598,388	253,273	254,429
Total OI	2,823,176.55	2,497,438	3,081,522	2,705,739	2,816,806

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
2024-03-01	$43.81	$43.00	33.1%	9.5%	26.0%	29.0%	33.8%	-0.8%	0.7%	62.1M	-1.55B	-18.0M	0.47	8.94	172,309	80,964	1,416,967	1,288,772
2024-03-04	$45.88	$43.00	37.5%	10.4%	29.7%	49.4%	37.1%	-3.7%	-0.2%	56.6M	-2.44B	-18.2M	0.29	2.76	464,746	133,642	1,383,172	1,274,035
2024-03-05	$42.98	$43.00	35.8%	10.2%	38.5%	41.8%	36.6%	-0.3%	0.9%	24.2M	-1.07B	-18.6M	0.55	2.49	262,299	145,047	1,502,271	1,329,405
2024-03-06	$44.36	$43.00	39.1%	10.6%	39.9%	57.3%	38.0%	-3.1%	-3.0%	50.7M	-1.90B	-19.7M	0.34	3.12	302,645	104,391	1,567,405	1,367,243
2024-03-07	$46.05	$43.00	41.0%	11.3%	41.8%	66.3%	40.7%	-4.8%	-0.9%	70.6M	-2.88B	-20.0M	0.20	2.66	330,642	67,727	1,606,134	1,387,934
2024-03-08	$44.16	$43.00	38.5%	10.7%	44.7%	54.4%	39.6%	-2.7%	-0.6%	55.2M	-1.79B	-20.1M	0.38	2.91	292,011	112,303	1,652,887	1,405,522
2024-03-11	$44.91	$43.00	37.9%	10.6%	44.8%	51.3%	37.6%	-1.8%	-0.9%	47.2M	-2.06B	-19.9M	0.41	3.14	123,905	51,137	1,580,170	1,385,184
2024-03-12	$45.25	$44.00	37.1%	10.4%	44.4%	47.9%	37.7%	-2.0%	-0.7%	57.6M	-2.26B	-19.8M	0.38	5.56	109,087	41,024	1,604,705	1,396,338
2024-03-13	$43.28	$44.00	36.8%	10.5%	46.5%	46.3%	37.5%	-0.4%	1.3%	18.5M	-1.23B	-19.5M	0.92	3.37	116,241	106,370	1,606,396	1,398,566
2024-03-14	$42.73	$44.00	36.5%	10.3%	45.7%	44.8%	36.9%	-0.8%	-0.7%	7.7M	-911.3M	-19.3M	1.04	3.47	112,497	116,866	1,625,762	1,422,661
2024-03-15	$42.84	$44.00	36.4%	10.4%	45.7%	44.6%	36.9%	1.1%	1.6%	-3.7K	-955.0M	-19.6M	0.73	2.60	107,896	79,303	1,639,446	1,442,076
2024-03-18	$42.81	$44.00	35.6%	10.1%	45.4%	40.7%	35.9%	-0.1%	9.0%	19.7M	-942.7M	-19.4M	0.35	3.44	100,361	35,110	1,357,981	1,139,457
2024-03-19	$41.97	$43.00	34.3%	9.8%	45.1%	34.5%	34.9%	-0.4%	9.0%	6.9M	-569.8M	-19.0M	0.49	2.45	125,040	61,583	1,378,547	1,157,376
2024-03-20	$42.14	$43.00	35.0%	10.0%	44.3%	37.7%	35.8%	-1.0%	9.4%	14.0M	-675.5M	-19.1M	0.36	3.31	265,986	95,923	1,413,338	1,186,214
2024-03-21	$42.52	$43.00	37.4%	10.2%	44.5%	49.1%	36.5%	-1.3%	9.2%	33.5M	-906.9M	-19.9M	0.25	2.43	236,646	60,127	1,501,108	1,230,296
2024-03-22	$42.50	$43.00	38.0%	9.9%	44.5%	52.2%	35.0%	-1.0%	9.5%	5.4M	-831.9M	-19.8M	0.49	2.52	142,759	69,878	1,542,175	1,242,306
2024-03-25	$41.95	$43.00	43.8%	10.2%	44.7%	79.4%	35.9%	-0.9%	-0.4%	10.2M	-621.1M	-19.5M	0.79	2.75	142,006	111,860	1,469,700	1,210,788
2024-03-26	$42.11	$43.00	44.4%	9.9%	44.6%	82.1%	34.9%	-0.9%	-0.2%	12.5M	-702.8M	-19.7M	0.88	2.87	60,406	52,932	1,502,153	1,252,371
2024-03-27	$43.61	$43.00	46.4%	10.0%	45.8%	91.6%	35.1%	-0.7%	-1.2%	55.6M	-1.47B	-20.0M	0.66	2.24	148,795	98,749	1,511,942	1,267,922
2024-03-28	$44.05	$43.00	46.1%	9.8%	45.4%	90.0%	34.8%	-0.7%	-0.8%	127.8M	-1.68B	-20.0M	0.51	2.96	169,023	85,406	1,521,464	1,295,342