EA Options History — July 2013

In July 2013, EA traded between $23.18 and $26.12. ATM implied volatility averaged 35.3%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 5.3% (HV 20d: 30.0%). Max pain ranged from $22.00 to $24.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.39.

Notable Days

2013-07-22: Highest Volume — 36,386 contracts
2013-07-11: Largest IV spike — 32.4% change
2013-07-17: Highest IV Rank — 38.1%
2013-07-17: Largest Expected Move — 12.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.34	$23.18	$26.12	$23.18	$26.12
Max Pain	$23.27	$22.00	$24.00	$22.00	$24.00
ATM IV	35.3%	27.9%	42.7%	32.8%	30.0%
Expected Move	10.6%	8.0%	12.2%	9.4%	8.6%
HV 20d	30.0%	20.8%	35.4%	34.3%	35.0%
HV 60d	44.0%	42.8%	45.9%	44.1%	45.9%
IV Rank	17.8%	0.0%	38.1%	10.0%	5.6%
IV Percentile	32.5%	0.0%	78.6%	9.1%	1.6%
Term Structure	-1.2%	-6.5%	9.3%	8.4%	0.4%
VWIV	37.3%	28.8%	45.0%	32.1%	31.2%
Skew 25d	3.4%	1.7%	5.3%	1.7%	2.2%
Skew 10d	7.6%	4.3%	12.5%	5.1%	5.6%
Call IV 25d	35.9%	27.3%	40.8%	32.5%	29.4%
Put IV 25d	39.3%	29.8%	45.8%	34.2%	31.6%
Bid-Ask Spread %	6.63	5.00	10.74	5.94	7.23
Gamma HHI	0.20	0.16	0.28	0.18	0.27
Net GEX	2.3M	196.3K	6.6M	196.3K	6.4M
Net DEX	-99.3M	-188.3M	-52.8M	-52.8M	-188.3M
Net VEX	-556.7K	-617.6K	-508.1K	-613.4K	-508.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.39	0.12	11.53	0.25	1.14
Total Volume	6,672.045	556	36,386	10,459	3,806
Total OI	190,139.727	169,136	219,259	173,782	219,259

Daily Data (22 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-07-01	$23.18	$22.00	32.8%	9.4%	34.3%	10.0%	32.1%	1.7%	8.4%	196.3K	-52.8M	-613.4K	0.25	5.94	N/A	N/A	8,392	2,067	87,285	86,497
2013-07-02	$23.52	$22.00	31.9%	9.1%	34.4%	7.5%	33.1%	1.8%	8.7%	419.8K	-61.2M	-617.6K	0.71	5.80	N/A	N/A	1,157	819	88,130	88,316
2013-07-03	$23.31	$22.00	32.6%	9.4%	34.5%	9.6%	32.9%	1.7%	9.3%	290.7K	-55.6M	-609.7K	0.71	5.55	N/A	N/A	726	517	88,274	88,327
2013-07-05	$23.83	$23.00	31.2%	11.8%	34.9%	5.5%	41.2%	3.8%	-2.7%	672.4K	-70.8M	-594.3K	1.35	5.92	N/A	N/A	717	966	88,650	88,363
2013-07-08	$23.54	$23.00	32.2%	11.8%	34.8%	8.4%	41.2%	4.6%	-2.9%	508.5K	-63.8M	-578.9K	0.54	6.44	N/A	N/A	607	328	89,042	88,505
2013-07-09	$23.57	$23.00	31.5%	11.7%	32.7%	6.4%	41.4%	4.2%	-3.1%	543.1K	-65.6M	-571.6K	11.53	6.01	N/A	N/A	178	2,053	89,130	88,636
2013-07-10	$23.90	$23.00	31.0%	11.8%	32.6%	5.0%	44.1%	4.4%	-3.3%	789.4K	-73.6M	-572.4K	4.84	5.83	N/A	N/A	642	3,110	89,169	90,319
2013-07-11	$24.27	$23.00	41.0%	11.8%	26.8%	33.4%	40.6%	4.0%	-3.7%	949.2K	-85.8M	-557.2K	0.38	7.21	N/A	N/A	1,505	578	89,235	92,487
2013-07-12	$24.32	$23.00	41.2%	11.8%	26.6%	33.8%	40.7%	4.0%	-4.0%	1.0M	-85.0M	-561.0K	0.17	7.89	N/A	N/A	1,891	324	89,106	92,721
2013-07-15	$24.19	$23.00	41.9%	12.0%	26.7%	35.7%	41.3%	4.4%	-4.6%	1.4M	-84.1M	-545.6K	0.62	5.90	N/A	N/A	1,143	706	89,111	92,707
2013-07-16	$24.19	$23.00	42.1%	12.1%	25.4%	36.5%	41.5%	4.1%	-4.8%	947.4K	-83.3M	-543.1K	0.86	5.55	N/A	N/A	299	257	89,165	92,959
2013-07-17	$23.81	$23.00	42.7%	12.2%	24.8%	38.1%	45.0%	5.0%	-4.3%	967.2K	-72.2M	-537.3K	1.99	10.74	N/A	N/A	3,123	6,226	89,192	93,142
2013-07-18	$24.16	$23.00	41.6%	11.9%	24.9%	34.9%	41.4%	4.2%	-5.2%	1.1M	-85.9M	-525.2K	0.58	6.42	N/A	N/A	5,026	2,919	91,422	94,366
2013-07-19	$24.27	$24.00	41.7%	12.0%	21.5%	35.4%	42.4%	4.3%	-5.7%	1.0M	-93.0M	-528.4K	0.66	6.14	N/A	N/A	1,476	972	94,838	95,418
2013-07-22	$24.01	$24.00	41.8%	12.0%	21.8%	35.5%	40.6%	5.3%	-5.6%	787.9K	-75.7M	-525.8K	0.12	6.69	N/A	N/A	32,364	4,022	86,519	82,617
2013-07-23	$23.83	$24.00	42.1%	12.1%	20.8%	36.5%	42.4%	4.5%	-6.5%	2.8M	-89.6M	-599.4K	1.17	7.44	N/A	N/A	5,976	7,007	117,803	84,786
2013-07-24	$25.41	$24.00	30.3%	8.7%	29.6%	2.9%	29.9%	2.0%	-0.4%	5.9M	-159.8M	-521.6K	0.37	10.16	N/A	N/A	17,848	6,570	121,277	87,486
2013-07-25	$24.64	$24.00	28.8%	8.2%	32.5%	0.0%	29.1%	2.0%	1.3%	4.8M	-116.4M	-568.5K	0.91	6.63	N/A	N/A	1,836	1,666	122,581	90,114
2013-07-26	$25.82	$24.00	27.9%	8.0%	35.4%	0.0%	28.8%	2.5%	1.1%	6.4M	-175.2M	-514.0K	0.54	5.00	N/A	N/A	4,864	2,641	122,852	90,244
2013-07-29	$25.48	$24.00	30.0%	8.6%	34.6%	5.7%	29.7%	2.1%	0.3%	6.6M	-162.4M	-526.8K	0.19	5.12	N/A	N/A	2,524	482	125,552	91,573
2013-07-30	$26.07	$24.00	30.1%	8.6%	35.2%	5.8%	29.9%	1.9%	0.4%	6.3M	-183.4M	-527.3K	0.90	6.30	N/A	N/A	3,396	3,059	124,131	91,768
2013-07-31	$26.12	$24.00	30.0%	8.6%	35.0%	5.6%	31.2%	2.2%	0.4%	6.4M	-188.3M	-508.1K	1.14	7.23	N/A	N/A	1,780	2,026	125,213	94,046