EA Options History — February 2018

In February 2018, EA traded between $117.15 and $128.38. ATM implied volatility averaged 27.8%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 10.8% (HV 20d: 38.6%). Max pain ranged from $115.00 to $115.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.03.

Notable Days

  • 2018-02-09: Highest Volume — 53,477 contracts
  • 2018-02-05: Largest IV spike — 24.4% change
  • 2018-02-09: Highest IV Rank — 91.7%
  • 2018-02-09: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$124.27$117.15$128.38$128.18$124.02
Max Pain$115.00$115.00$115.00$115.00$115.00
ATM IV27.8%23.8%38.1%25.1%25.3%
Expected Move7.8%6.5%10.2%7.1%7.4%
HV 20d38.6%33.7%40.7%35.0%40.1%
HV 60d32.2%30.2%33.1%30.2%32.3%
IV Rank42.2%23.0%91.7%29.2%29.9%
IV Percentile64.4%37.7%98.0%59.9%55.6%
Term Structure-0.5%-2.8%0.6%-0.0%-0.2%
VWIV27.5%23.7%35.1%25.3%25.6%
Skew 25d3.7%0.2%14.1%1.7%2.3%
Skew 10d7.4%2.9%27.8%3.2%5.1%
Call IV 25d26.5%22.3%36.1%24.8%24.6%
Put IV 25d30.2%25.2%48.3%26.5%26.8%
Bid-Ask Spread %40.9716.8369.1629.5026.35
Gamma HHI0.200.170.260.190.20
Net GEX85.3M73.5M110.6M109.3M75.7M
Net DEX-1.95B-2.90B-1.36B-2.90B-1.49B
Net VEX-6.8M-7.5M-6.1M-6.9M-6.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.552.130.681.16
Total Volume21,085.26311,50853,47724,20611,508
Total OI426,311.947363,497490,213490,213369,270

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$128.18$115.0025.1%7.1%35.0%29.2%25.3%1.7%-0.0%109.3M-2.90B-6.9M0.6829.50N/AN/A14,4329,774339,613150,600
2018-02-02$124.51$115.0026.3%7.5%35.9%34.8%26.5%2.0%-0.2%88.4M-2.39B-7.3M0.5734.11N/AN/A18,93910,713337,532152,487
2018-02-05$122.12$115.0032.7%8.6%34.1%65.6%29.6%3.6%-2.8%84.0M-1.94B-7.5M0.8165.96N/AN/A9,0957,379312,260135,511
2018-02-06$122.87$115.0031.4%8.4%34.0%59.2%31.1%0.2%-1.7%85.2M-2.01B-7.3M0.8750.68N/AN/A7,7226,744312,644137,974
2018-02-07$123.49$115.0029.2%8.1%33.7%49.0%28.5%2.3%-0.9%84.8M-2.10B-7.2M0.8955.67N/AN/A9,9188,812313,269139,124
2018-02-08$117.15$115.0033.8%9.8%39.4%70.8%33.6%14.1%0.6%73.5M-1.36B-7.3M0.5552.77N/AN/A23,29012,728311,007138,420
2018-02-09$120.79$115.0038.1%10.2%40.6%91.7%35.1%12.2%-2.8%77.2M-1.71B-7.5M0.5969.16N/AN/A33,53519,942310,769142,406
2018-02-12$122.04$115.0031.3%9.0%40.7%58.9%31.5%4.4%-2.3%83.8M-1.90B-7.1M2.1356.34N/AN/A7,90416,874307,111140,961
2018-02-13$122.36$115.0028.1%8.1%40.5%43.4%27.1%2.8%-0.8%92.7M-1.91B-7.0M0.7356.18N/AN/A16,50712,133309,883141,486
2018-02-14$123.84$115.0026.0%7.5%40.5%33.4%26.4%2.9%0.4%100.7M-2.14B-6.8M1.7453.06N/AN/A6,81411,863318,165143,277
2018-02-15$126.22$115.0026.5%7.6%40.5%35.8%26.5%2.4%-0.2%110.6M-2.44B-6.8M1.3638.91N/AN/A8,30911,311317,800144,879
2018-02-16$126.30$115.0025.6%7.3%40.5%31.5%25.8%2.6%0.4%81.9M-2.48B-6.7M0.9328.61N/AN/A6,4725,989318,551145,483
2018-02-20$126.41$115.0026.4%7.5%40.2%35.5%25.8%3.3%-0.1%74.5M-1.72B-6.4M0.9125.64N/AN/A8,7237,978249,702113,795
2018-02-21$124.86$115.0025.9%7.3%40.6%32.7%25.3%2.7%-0.0%76.3M-1.60B-6.4M1.4527.86N/AN/A6,0778,825251,876118,343
2018-02-22$124.64$115.0024.9%7.0%39.1%28.0%24.6%3.2%-0.0%76.4M-1.56B-6.5M1.1616.83N/AN/A7,2708,463252,540119,225
2018-02-23$126.94$115.0023.8%6.5%39.3%23.0%23.7%2.8%0.5%84.6M-1.80B-6.3M1.1945.40N/AN/A7,5658,968254,569119,705
2018-02-26$128.38$115.0024.1%6.8%39.4%24.2%24.5%2.8%-0.1%80.1M-1.89B-6.1M0.6925.58N/AN/A8,7616,017250,171113,528
2018-02-27$126.09$115.0024.4%7.0%39.4%25.8%25.3%2.6%0.1%80.1M-1.69B-6.2M1.2219.81N/AN/A5,9707,296251,762114,229
2018-02-28$124.02$115.0025.3%7.4%40.1%29.9%25.6%2.3%-0.2%75.7M-1.49B-6.2M1.1626.35N/AN/A5,3316,177252,595116,675