EA Options History — July 2017

In July 2017, EA traded between $105.42 and $118.17. ATM implied volatility averaged 33.8%, placing in the 78.7% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 13.0% (HV 20d: 20.8%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 2.13.

Notable Days

2017-07-27: Highest Volume — 32,017 contracts
2017-07-28: Largest IV drop — 23.2% change
2017-07-11: Highest IV Rank — 95.6%
2017-07-27: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$111.27	$105.42	$118.17	$105.42	$117.11
Max Pain	$111.25	$110.00	$115.00	$110.00	$115.00
ATM IV	33.8%	25.5%	37.0%	34.1%	25.5%
Expected Move	9.5%	7.1%	11.5%	8.3%	7.1%
HV 20d	20.8%	18.6%	23.7%	22.6%	19.2%
HV 60d	33.9%	33.5%	34.6%	33.5%	34.5%
IV Rank	78.7%	34.3%	95.6%	80.3%	34.3%
IV Percentile	84.6%	57.1%	98.8%	84.9%	57.1%
Term Structure	-1.5%	-4.9%	0.6%	-4.9%	-1.0%
VWIV	33.9%	25.4%	40.7%	28.0%	25.4%
Skew 25d	3.4%	1.9%	4.2%	3.4%	2.8%
Skew 10d	7.4%	4.7%	17.7%	5.6%	4.7%
Call IV 25d	32.8%	24.7%	35.8%	33.0%	24.7%
Put IV 25d	36.3%	27.4%	39.4%	36.4%	27.4%
Bid-Ask Spread %	32.58	8.39	59.31	50.47	37.52
Gamma HHI	0.16	0.07	0.57	0.20	0.25
Net GEX	1.2M	-9.1M	22.5M	-8.9M	-5.4M
Net DEX	-131.7M	-236.5M	-1.1M	-1.1M	-152.9M
Net VEX	-1.1M	-1.2M	-969.1K	-1.2M	-1.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.13	1.06	5.45	2.77	5.45
Total Volume	14,059.4	7,803	32,017	8,594	17,057
Total OI	95,939.45	78,168	115,223	89,562	90,902

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-07-03	$105.42	$110.00	34.1%	8.3%	22.6%	80.3%	28.0%	3.4%	-4.9%	-8.9M	-1.1M	-1.2M	2.77	50.47	N/A	N/A	2,280	6,314	32,668	56,894
2017-07-05	$106.93	$110.00	34.6%	7.8%	23.5%	83.0%	27.7%	2.8%	-1.6%	-7.8M	-36.9M	-1.1M	3.69	41.30	N/A	N/A	2,473	9,130	33,286	59,049
2017-07-06	$106.04	$115.00	33.3%	9.4%	22.8%	76.0%	34.3%	4.2%	0.6%	-9.1M	-19.8M	-1.1M	2.81	41.15	N/A	N/A	2,723	7,652	33,699	57,691
2017-07-07	$107.70	$115.00	36.1%	9.7%	23.7%	90.7%	34.7%	3.5%	-2.0%	-2.4M	-71.6M	-1.1M	1.07	42.38	N/A	N/A	12,828	13,771	34,345	56,711
2017-07-10	$108.16	$110.00	36.6%	9.9%	19.8%	93.5%	35.3%	3.4%	-2.4%	-4.0M	-80.9M	-1.2M	2.88	30.92	N/A	N/A	3,613	10,389	36,713	62,484
2017-07-11	$108.48	$110.00	37.0%	10.1%	19.7%	95.6%	36.3%	3.4%	-1.3%	-3.4M	-88.6M	-1.2M	1.20	41.89	N/A	N/A	5,619	6,754	37,520	66,710
2017-07-12	$110.80	$110.00	36.2%	9.9%	20.9%	91.3%	35.6%	3.4%	-2.0%	3.0M	-157.0M	-1.1M	1.06	21.11	N/A	N/A	6,411	6,768	38,909	67,627
2017-07-13	$109.18	$110.00	34.9%	9.6%	21.6%	84.7%	33.8%	3.5%	-1.5%	1.8M	-112.2M	-1.1M	1.46	43.54	N/A	N/A	4,327	6,319	38,716	68,398
2017-07-14	$108.98	$110.00	34.3%	9.5%	21.5%	81.3%	34.5%	3.5%	-1.6%	3.2M	-110.0M	-1.1M	1.22	35.80	N/A	N/A	4,221	5,169	38,884	69,025
2017-07-17	$109.47	$110.00	34.2%	9.6%	21.5%	80.9%	34.2%	3.8%	-0.9%	2.2M	-116.9M	-1.0M	1.32	14.18	N/A	N/A	3,403	4,501	36,929	58,134
2017-07-18	$110.44	$110.00	34.4%	9.8%	19.6%	81.9%	34.6%	3.6%	-1.5%	4.0M	-141.5M	-999.8K	1.71	8.39	N/A	N/A	2,879	4,924	37,708	58,380
2017-07-19	$111.30	$110.00	34.2%	9.8%	19.8%	80.5%	34.6%	3.6%	-1.4%	5.5M	-169.9M	-1.0M	1.27	11.23	N/A	N/A	3,746	4,773	38,923	58,383
2017-07-20	$111.89	$110.00	34.9%	10.1%	20.0%	84.3%	35.3%	3.5%	-2.4%	4.8M	-181.5M	-1.0M	1.21	14.78	N/A	N/A	4,012	4,854	39,424	58,690
2017-07-21	$112.10	$110.00	33.6%	9.9%	20.0%	77.7%	34.2%	3.2%	-2.3%	6.3M	-195.7M	-994.0K	1.83	8.43	N/A	N/A	3,392	6,200	40,230	59,341
2017-07-24	$113.73	$110.00	33.4%	10.1%	20.2%	76.5%	37.3%	3.8%	-1.1%	2.8M	-168.2M	-969.1K	1.90	17.95	N/A	N/A	3,072	5,844	30,430	47,738
2017-07-25	$113.78	$110.00	32.9%	9.9%	20.2%	73.6%	34.9%	4.2%	-0.3%	3.3M	-175.1M	-982.0K	2.29	27.78	N/A	N/A	2,925	6,701	31,840	48,716
2017-07-26	$117.98	$110.00	32.5%	10.3%	20.2%	71.9%	36.9%	3.5%	-1.1%	3.9M	-215.0M	-1.0M	3.55	48.81	N/A	N/A	5,685	20,187	32,271	49,662
2017-07-27	$117.70	$115.00	35.9%	11.5%	20.3%	89.9%	40.7%	3.7%	-0.9%	2.1M	-202.7M	-1.0M	1.32	59.31	N/A	N/A	13,827	18,190	34,728	61,808
2017-07-28	$118.17	$115.00	27.6%	7.7%	18.6%	45.5%	28.7%	1.9%	-0.9%	22.5M	-236.5M	-980.5K	2.59	54.69	N/A	N/A	7,876	20,379	42,097	73,126
2017-07-31	$117.11	$115.00	25.5%	7.1%	19.2%	34.3%	25.4%	2.8%	-1.0%	-5.4M	-152.9M	-1.0M	5.45	37.52	N/A	N/A	2,645	14,412	31,927	58,975