EA Options History — July 2018

In July 2018, EA traded between $126.48 and $149.08. ATM implied volatility averaged 34.2%, placing in the 63.5% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 13.8% (HV 20d: 20.3%). Max pain ranged from $135.00 to $145.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.56.

Notable Days

2018-07-26: Highest Volume — 132,698 contracts
2018-07-27: Largest IV drop — 26.3% change
2018-07-03: Highest IV Rank — 100.0%
2018-07-26: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$143.32	$126.48	$149.08	$142.84	$128.40
Max Pain	$140.52	$135.00	$145.00	$140.00	$140.00
ATM IV	34.2%	25.6%	41.6%	38.5%	26.4%
Expected Move	9.3%	7.0%	11.0%	8.1%	7.4%
HV 20d	20.3%	16.5%	34.4%	18.6%	34.4%
HV 60d	22.9%	21.0%	27.9%	22.8%	27.7%
IV Rank	63.5%	20.7%	100.0%	92.6%	24.7%
IV Percentile	78.2%	46.0%	100.0%	97.6%	52.8%
Term Structure	-1.5%	-3.7%	-0.0%	-1.4%	-0.4%
VWIV	33.5%	25.3%	38.4%	29.6%	26.9%
Skew 25d	0.6%	-1.9%	3.3%	0.1%	2.0%
Skew 10d	1.1%	-2.7%	4.7%	0.3%	3.6%
Call IV 25d	34.9%	26.0%	41.2%	39.5%	26.4%
Put IV 25d	35.5%	27.9%	42.2%	39.6%	28.4%
Bid-Ask Spread %	24.52	5.45	58.45	26.51	36.93
Gamma HHI	0.22	0.12	0.37	0.19	0.12
Net GEX	46.3M	-2.4M	78.8M	42.8M	12.3M
Net DEX	-686.6M	-1.04B	56.5M	-688.9M	-127.2M
Net VEX	-3.4M	-3.9M	-2.7M	-3.7M	-3.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.29	1.17	0.53	0.46
Total Volume	26,809.048	9,892	132,698	19,135	27,511
Total OI	236,884.286	195,729	297,809	215,183	297,809

Daily Data (21 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
2018-07-02	$142.84	$140.00	38.5%	8.1%	18.6%	92.6%	29.6%	0.1%	-1.4%	42.8M	-688.9M	-3.7M	0.53	26.51	N/A	N/A	12,495	6,640	155,737	59,446
2018-07-03	$141.23	$140.00	41.6%	8.2%	18.5%	100.0%	29.6%	3.3%	-3.7%	39.9M	-656.2M	-3.9M	0.37	58.45	N/A	N/A	14,562	5,371	162,145	62,826
2018-07-05	$143.18	$135.00	37.7%	9.9%	19.0%	80.7%	37.5%	1.6%	-1.9%	46.7M	-710.5M	-3.7M	0.55	36.81	N/A	N/A	8,843	4,875	166,878	64,767
2018-07-06	$144.72	$135.00	38.1%	9.9%	19.3%	82.8%	35.3%	-1.9%	-3.3%	57.1M	-811.1M	-3.7M	0.74	51.13	N/A	N/A	8,150	6,005	167,029	65,636
2018-07-09	$144.51	$135.00	36.2%	9.7%	19.3%	73.3%	35.0%	-0.1%	-1.8%	50.2M	-754.6M	-3.5M	0.80	25.23	N/A	N/A	6,795	5,437	165,600	65,509
2018-07-10	$143.90	$135.00	35.2%	9.5%	19.2%	68.4%	34.6%	0.6%	-1.8%	50.5M	-714.0M	-3.4M	1.17	24.08	N/A	N/A	4,559	5,333	166,186	65,862
2018-07-11	$146.00	$135.00	37.9%	10.2%	19.8%	81.4%	36.3%	-0.6%	-2.2%	57.2M	-853.1M	-3.5M	0.41	33.71	N/A	N/A	10,602	4,345	166,704	66,286
2018-07-12	$148.54	$140.00	36.3%	9.8%	17.5%	73.6%	34.9%	-0.7%	-2.4%	68.5M	-1.02B	-3.5M	0.65	32.20	N/A	N/A	7,742	4,997	170,657	67,081
2018-07-13	$148.90	$140.00	35.1%	9.6%	17.5%	67.9%	34.3%	-1.0%	-2.4%	74.0M	-1.04B	-3.4M	0.69	25.64	N/A	N/A	7,085	4,901	171,995	67,989
2018-07-16	$146.69	$140.00	33.8%	9.5%	17.8%	61.4%	33.5%	1.1%	-1.0%	64.9M	-850.6M	-3.2M	0.99	15.93	N/A	N/A	8,091	7,973	170,186	66,881
2018-07-17	$149.08	$140.00	34.1%	9.7%	17.7%	62.7%	35.0%	-0.4%	-2.0%	78.8M	-1.01B	-3.4M	0.61	13.51	N/A	N/A	8,420	5,145	172,267	69,999
2018-07-18	$148.79	$145.00	35.3%	10.1%	17.1%	68.7%	37.4%	-0.3%	-0.3%	77.5M	-991.5M	-3.4M	0.38	17.27	N/A	N/A	12,629	4,828	171,782	70,821
2018-07-19	$147.93	$145.00	34.4%	9.9%	17.1%	64.4%	36.4%	0.2%	-0.5%	68.7M	-920.6M	-3.3M	0.66	5.55	N/A	N/A	9,426	6,202	171,544	70,774
2018-07-20	$147.56	$145.00	31.8%	9.3%	16.7%	51.1%	33.3%	0.8%	-2.1%	36.3M	-852.1M	-3.2M	0.53	18.04	N/A	N/A	11,642	6,199	173,405	72,690
2018-07-23	$146.56	$145.00	31.7%	9.4%	16.5%	50.8%	33.4%	0.8%	-0.4%	37.6M	-670.8M	-3.2M	0.34	5.45	N/A	N/A	12,364	4,159	146,421	49,308
2018-07-24	$144.37	$145.00	32.7%	9.8%	17.4%	55.7%	34.4%	1.1%	-1.1%	32.9M	-582.0M	-3.0M	0.31	5.55	N/A	N/A	17,129	5,276	148,687	50,376
2018-07-25	$146.19	$144.00	32.2%	9.7%	17.9%	53.2%	34.6%	0.8%	-1.1%	41.2M	-706.0M	-3.2M	0.58	8.51	N/A	N/A	10,455	6,114	158,800	52,353
2018-07-26	$141.15	$144.00	34.8%	11.0%	21.5%	66.0%	38.4%	0.5%	-0.0%	29.6M	-486.4M	-3.2M	0.32	15.81	N/A	N/A	100,761	31,937	160,801	54,805
2018-07-27	$132.71	$143.00	25.6%	7.0%	30.3%	20.7%	25.3%	1.8%	-0.4%	-2.4M	56.5M	-2.7M	0.29	23.36	N/A	N/A	76,919	22,492	201,653	78,801
2018-07-30	$126.48	$140.00	28.1%	8.2%	34.1%	32.8%	28.2%	2.1%	-0.7%	8.9M	-32.4M	-3.5M	0.44	35.26	N/A	N/A	26,860	11,721	216,955	69,119
2018-07-31	$128.40	$140.00	26.4%	7.4%	34.4%	24.7%	26.9%	2.0%	-0.4%	12.3M	-127.2M	-3.8M	0.46	36.93	N/A	N/A	18,848	8,663	224,180	73,629