EA Options History — February 2014

In February 2014, EA traded between $26.08 and $28.59. ATM implied volatility averaged 32.6%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 2.8% (HV 20d: 35.4%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.92.

Notable Days

  • 2014-02-04: Highest Volume — 22,364 contracts
  • 2014-02-18: Largest IV spike — 5.2% change
  • 2014-02-03: Highest IV Rank — 18.2%
  • 2014-02-06: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.52$26.08$28.59$26.08$28.59
Max Pain$23.74$23.00$25.00$23.00$25.00
ATM IV32.6%30.5%36.8%36.8%30.6%
Expected Move10.8%10.6%11.1%10.8%10.6%
HV 20d35.4%20.3%48.2%48.2%20.3%
HV 60d41.8%39.8%44.0%43.7%39.8%
IV Rank13.1%10.5%18.2%18.2%10.6%
IV Percentile22.1%11.9%51.6%51.6%12.3%
Term Structure0.1%-1.0%0.9%-1.0%0.1%
VWIV37.8%35.4%41.4%39.4%39.5%
Skew 25d2.1%1.5%2.6%2.2%1.7%
Skew 10d6.1%3.1%14.9%5.4%3.7%
Call IV 25d32.1%30.0%36.4%36.4%30.3%
Put IV 25d34.2%32.0%38.6%38.6%32.0%
Bid-Ask Spread %7.023.7314.1313.374.85
Gamma HHI0.180.130.250.150.22
Net GEX2.8M2.3M3.8M3.0M2.5M
Net DEX-137.4M-185.5M-100.1M-113.1M-114.5M
Net VEX-488.4K-634.6K-420.2K-634.6K-430.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.042.890.300.58
Total Volume4,912.05396922,3646,0121,482
Total OI160,849.158119,872178,705176,097128,242

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$26.08$23.0036.8%10.8%48.2%18.2%0.0%2.2%-1.0%3.0M-113.1M-634.6K0.3013.37N/AN/A4,6231,389103,15872,939
2014-02-04$26.18$23.0035.9%10.9%48.0%17.1%39.4%2.2%-0.2%3.3M-122.5M-624.4K0.0414.13N/AN/A21,464900105,16873,537
2014-02-05$26.16$23.0035.8%10.8%47.6%17.0%41.4%2.3%-0.5%2.7M-104.5M-554.9K0.549.46N/AN/A1,9191,04292,62573,887
2014-02-06$26.46$23.0035.6%11.1%47.6%16.7%0.0%2.6%0.8%2.9M-116.4M-544.0K0.7413.54N/AN/A2,8652,10893,04674,049
2014-02-07$27.20$23.0034.0%10.8%46.8%14.7%40.4%2.5%0.2%3.1M-145.9M-517.7K1.386.75N/AN/A4,9766,88994,02974,413
2014-02-10$26.88$23.0033.9%10.8%47.3%14.7%0.0%2.6%-0.2%2.8M-130.8M-523.9K1.067.38N/AN/A2,2052,34694,79478,327
2014-02-11$27.41$23.0032.7%10.8%45.6%13.2%36.4%2.3%0.2%2.9M-152.7M-503.3K0.774.35N/AN/A2,3581,80495,61279,226
2014-02-12$27.86$23.0031.9%10.9%45.5%12.2%37.6%2.3%0.0%3.0M-169.5M-486.8K1.244.94N/AN/A2,1832,71796,12579,327
2014-02-13$27.56$23.0031.7%10.8%44.4%12.0%35.9%2.4%0.2%2.9M-158.1M-491.4K0.633.73N/AN/A1,25378696,55781,710
2014-02-14$27.58$23.0030.5%10.8%43.3%10.5%38.0%2.4%0.4%3.8M-161.2M-477.9K1.015.34N/AN/A3,4973,51896,33581,964
2014-02-18$28.40$23.0032.1%10.8%23.3%12.4%39.7%1.8%0.5%2.4M-185.5M-444.9K0.424.91N/AN/A1,41059695,20380,419
2014-02-19$27.91$23.0032.1%10.8%25.0%12.5%0.0%1.8%0.3%2.4M-171.7M-452.2K0.876.88N/AN/A1,3281,15295,25280,639
2014-02-20$27.79$25.0031.5%10.8%24.9%11.8%35.6%1.5%0.7%2.4M-165.4M-450.4K1.265.26N/AN/A42854194,34479,944
2014-02-21$28.00$25.0031.1%10.8%23.8%11.2%35.5%1.7%0.9%3.8M-172.8M-439.3K0.655.31N/AN/A1,25681794,47880,296
2014-02-24$27.96$25.0031.0%10.8%23.8%11.1%35.9%2.0%0.2%2.3M-100.1M-423.4K1.045.78N/AN/A1,1351,18668,06851,804
2014-02-25$28.10$25.0030.8%10.8%22.8%10.9%0.0%2.1%-0.0%2.4M-103.6M-427.5K1.646.45N/AN/A1,1491,88068,49152,763
2014-02-26$28.27$25.0031.0%10.8%22.5%11.1%39.1%2.0%-0.4%2.5M-109.5M-420.2K2.896.73N/AN/A1,7024,92269,01752,965
2014-02-27$28.54$25.0030.8%10.6%22.4%10.9%35.4%1.9%-0.0%2.5M-112.2M-432.0K0.434.14N/AN/A1,05045369,98457,397
2014-02-28$28.59$25.0030.6%10.6%20.3%10.6%39.5%1.7%0.1%2.5M-114.5M-430.0K0.584.85N/AN/A93954370,55857,684