EA Options History — April 2014

In April 2014, EA traded between $26.67 and $29.47. ATM implied volatility averaged 40.1%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 17.1% (HV 20d: 22.9%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 2.14.

Notable Days

  • 2014-04-01: Highest Volume — 13,617 contracts
  • 2014-04-07: Largest IV spike — 19.0% change
  • 2014-04-10: Highest IV Rank — 28.6%
  • 2014-04-10: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.10$26.67$29.47$29.47$28.30
Max Pain$28.33$25.00$30.00$25.00$30.00
ATM IV40.1%29.5%45.4%29.5%40.2%
Expected Move10.4%10.0%10.7%10.3%10.0%
HV 20d22.9%20.4%25.9%20.5%21.2%
HV 60d27.3%21.4%32.8%32.5%21.4%
IV Rank22.2%9.3%28.6%9.3%22.3%
IV Percentile69.0%11.5%90.5%11.5%72.6%
Term Structure0.1%-3.1%11.0%10.5%-2.6%
VWIV36.2%34.2%38.0%37.4%37.2%
Skew 25d2.4%-0.8%3.3%3.3%2.4%
Skew 10d4.7%-2.3%9.6%9.6%6.4%
Call IV 25d39.7%29.5%48.9%29.5%39.4%
Put IV 25d42.1%31.7%48.1%32.8%41.9%
Bid-Ask Spread %7.954.9512.729.6812.72
Gamma HHI0.160.100.230.100.19
Net GEX-319.3K-1.1M1.7M281.4K-145.7K
Net DEX-19.4M-53.5M20.2M-53.5M-29.8M
Net VEX-432.7K-488.0K-381.4K-473.1K-392.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.140.1711.200.400.46
Total Volume4,121.6191,16913,61713,6176,330
Total OI112,848.476101,743122,548111,594104,492

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$29.47$25.0029.5%10.3%20.5%9.3%37.4%3.3%10.5%281.4K-53.5M-473.1K0.409.68N/AN/A9,7113,90653,28458,310
2014-04-02$29.13$25.0030.7%10.4%20.7%10.8%0.0%1.8%6.7%1.7M-48.7M-488.0K1.456.91N/AN/A47769259,44261,479
2014-04-03$28.87$25.0032.1%10.3%20.9%12.4%35.9%2.3%7.0%1.4M-38.3M-484.1K0.747.14N/AN/A1,13683759,81961,902
2014-04-04$28.60$25.0033.3%10.5%21.0%13.9%35.6%1.5%11.0%-565.0K-28.2M-483.6K11.206.46N/AN/A8699,73060,29662,252
2014-04-07$28.34$25.0039.6%10.6%21.1%21.6%34.5%2.8%-0.7%-791.2K-18.7M-475.0K0.937.66N/AN/A70966254,25362,964
2014-04-08$28.73$25.0041.5%10.3%20.4%23.9%38.0%1.7%-1.9%-672.8K-30.0M-469.8K1.135.82N/AN/A9971,12454,37362,866
2014-04-09$28.16$25.0044.2%10.6%21.1%27.2%35.4%3.3%-3.1%-1.1M-13.0M-464.8K0.7311.08N/AN/A2,0771,50754,80563,132
2014-04-10$27.22$30.0045.4%10.7%23.7%28.6%35.1%0.7%-2.4%-865.3K11.2M-455.6K4.118.40N/AN/A1,3505,54855,60963,573
2014-04-11$26.67$30.0045.4%10.6%24.4%28.6%36.4%-0.8%-2.2%-470.3K20.2M-431.4K0.926.73N/AN/A84578056,34261,671
2014-04-14$27.28$30.0044.6%10.6%25.2%27.7%38.0%2.9%-2.0%-626.2K3.3M-431.6K0.356.66N/AN/A1,61056153,81559,318
2014-04-15$27.47$30.0044.0%10.5%25.3%27.0%35.8%2.7%-1.7%-597.4K-1.8M-424.8K0.364.95N/AN/A1,68360254,18959,390
2014-04-16$27.59$30.0042.4%10.4%25.5%25.0%36.2%3.1%-0.6%-443.3K-5.0M-422.5K0.175.83N/AN/A1,85931054,81758,694
2014-04-17$27.57$30.0041.8%10.4%25.4%24.2%35.8%3.0%-0.7%-459.6K-3.4M-415.7K1.429.41N/AN/A1,2011,71154,88658,795
2014-04-21$27.98$30.0041.3%10.3%25.9%23.6%36.9%2.8%-2.0%-760.7K-20.5M-409.5K5.199.99N/AN/A4692,43351,13855,387
2014-04-22$28.12$30.0041.3%10.2%24.6%23.6%35.4%3.3%-2.6%-741.0K-24.5M-398.3K2.577.70N/AN/A4201,08151,36755,675
2014-04-23$28.15$30.0041.0%10.3%24.3%23.3%34.2%2.9%-2.6%-876.9K-24.3M-404.0K7.256.81N/AN/A4883,53951,64056,489
2014-04-24$28.10$30.0041.0%10.2%22.7%23.3%37.9%2.7%-2.0%-878.8K-22.5M-401.2K1.675.31N/AN/A6491,08451,93057,137
2014-04-25$28.21$30.0041.2%10.2%22.8%23.5%35.6%2.5%-2.6%-33.5K-26.0M-393.3K1.2310.21N/AN/A1,1791,44852,30857,900
2014-04-28$28.18$30.0041.0%10.2%22.8%23.3%36.5%3.1%-2.1%-31.0K-28.5M-386.4K1.458.92N/AN/A9511,37648,69953,044
2014-04-29$28.06$30.0040.1%10.2%21.8%22.3%35.4%2.7%-1.9%-101.8K-25.9M-381.4K1.318.51N/AN/A5,4497,16449,21753,119
2014-04-30$28.30$30.0040.2%10.0%21.2%22.3%37.2%2.4%-2.6%-145.7K-29.8M-392.0K0.4612.72N/AN/A4,3282,00249,51054,982