EA Options History — August 2018

In August 2018, EA traded between $113.71 and $132.21. ATM implied volatility averaged 25.5%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 8.2% (HV 20d: 33.7%). Max pain ranged from $130.00 to $140.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 0.59.

Notable Days

2018-08-30: Highest Volume — 557,099 contracts
2018-08-30: Largest IV spike — 14.4% change
2018-08-15: Highest IV Rank — 31.9%
2018-08-15: Largest Expected Move — 8.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$127.56	$113.71	$132.21	$127.42	$113.71
Max Pain	$131.30	$130.00	$140.00	$140.00	$130.00
ATM IV	25.5%	24.0%	27.9%	27.3%	27.9%
Expected Move	7.3%	6.8%	8.0%	7.8%	7.8%
HV 20d	33.7%	21.8%	43.0%	34.3%	42.5%
HV 60d	26.7%	24.9%	33.6%	27.7%	33.6%
IV Rank	20.0%	12.6%	31.9%	29.2%	31.9%
IV Percentile	40.4%	25.4%	56.7%	55.6%	56.3%
Term Structure	0.2%	-0.7%	0.8%	-0.4%	0.0%
VWIV	25.9%	22.8%	28.0%	27.3%	27.6%
Skew 25d	1.7%	0.7%	2.7%	1.9%	2.4%
Skew 10d	3.7%	2.0%	7.5%	3.7%	3.8%
Call IV 25d	25.3%	23.8%	27.9%	26.5%	27.8%
Put IV 25d	27.0%	25.2%	30.2%	28.5%	30.2%
Bid-Ask Spread %	21.49	4.62	57.06	41.69	15.82
Gamma HHI	0.15	0.11	0.19	0.11	0.12
Net GEX	39.8M	6.8M	76.4M	13.0M	23.9M
Net DEX	-597.0M	-1.09B	243.8M	-112.8M	42.2M
Net VEX	-8.0M	-11.5M	-3.9M	-3.9M	-11.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.59	0.07	1.16	0.46	0.17
Total Volume	75,853.739	18,579	557,099	18,653	169,714
Total OI	513,258.739	308,623	763,608	308,623	763,608

Daily Data (23 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
2018-08-01	$127.42	$140.00	27.3%	7.8%	34.3%	29.2%	27.3%	1.9%	-0.4%	13.0M	-112.8M	-3.9M	0.46	41.69	N/A	N/A	12,789	5,864	232,116	76,507
2018-08-02	$128.60	$140.00	25.4%	6.9%	34.1%	19.4%	24.7%	0.7%	-0.3%	16.0M	-172.0M	-4.0M	0.58	57.06	N/A	N/A	14,171	8,278	235,202	77,382
2018-08-03	$130.74	$140.00	24.7%	6.8%	34.5%	16.2%	22.8%	1.8%	-0.2%	27.5M	-326.8M	-4.1M	0.50	31.59	N/A	N/A	25,510	12,700	239,337	79,117
2018-08-06	$128.87	$130.00	24.1%	7.1%	34.6%	13.3%	25.1%	1.8%	0.4%	15.7M	-211.6M	-4.2M	0.25	46.46	N/A	N/A	31,466	7,970	233,724	77,774
2018-08-07	$127.81	$130.00	24.6%	7.2%	34.6%	15.9%	25.7%	1.5%	0.4%	18.5M	-251.4M	-4.8M	0.63	25.06	N/A	N/A	32,182	20,128	258,058	81,249
2018-08-08	$128.53	$130.00	24.0%	7.1%	34.1%	12.7%	25.5%	1.6%	0.7%	24.9M	-361.0M	-5.6M	1.16	8.84	N/A	N/A	27,884	32,326	281,322	95,262
2018-08-09	$127.99	$130.00	24.0%	7.0%	32.9%	12.6%	25.3%	1.4%	0.4%	25.4M	-378.4M	-6.3M	1.01	20.04	N/A	N/A	37,874	38,096	301,880	121,512
2018-08-10	$131.30	$130.00	26.7%	7.7%	34.8%	26.2%	27.1%	1.7%	0.1%	41.3M	-723.7M	-8.1M	0.36	26.99	N/A	N/A	84,591	30,321	333,945	153,500
2018-08-13	$131.37	$130.00	25.8%	7.5%	34.7%	21.7%	26.1%	2.1%	0.0%	58.6M	-916.0M	-9.3M	0.37	11.85	N/A	N/A	39,411	14,719	383,751	170,459
2018-08-14	$132.21	$130.00	24.5%	7.2%	34.1%	15.3%	25.0%	2.1%	0.6%	76.4M	-1.09B	-9.1M	0.52	20.70	N/A	N/A	41,663	21,642	400,374	172,646
2018-08-15	$127.87	$130.00	27.9%	8.0%	35.4%	31.9%	28.0%	2.7%	-0.3%	44.2M	-642.6M	-9.5M	0.48	33.15	N/A	N/A	34,533	16,680	414,022	181,321
2018-08-16	$129.85	$130.00	26.8%	7.6%	36.3%	26.7%	26.8%	1.9%	-0.6%	57.6M	-928.1M	-10.2M	0.46	42.16	N/A	N/A	17,431	8,043	430,349	189,172
2018-08-17	$127.73	$130.00	25.2%	7.1%	36.4%	18.4%	25.6%	1.8%	-0.7%	51.1M	-665.3M	-9.8M	0.82	32.88	N/A	N/A	11,985	9,824	437,269	189,984
2018-08-20	$128.09	$130.00	25.2%	7.2%	36.6%	18.8%	25.8%	2.3%	0.7%	54.1M	-827.1M	-9.8M	0.66	10.01	N/A	N/A	11,169	7,410	383,295	174,537
2018-08-21	$127.13	$130.00	24.3%	7.0%	36.5%	14.0%	26.0%	2.0%	0.8%	45.8M	-716.6M	-9.3M	0.07	10.62	N/A	N/A	172,705	12,408	382,659	175,668
2018-08-22	$127.70	$130.00	25.9%	7.4%	36.0%	22.1%	26.6%	1.3%	0.3%	47.0M	-902.5M	-9.9M	0.31	10.33	N/A	N/A	41,804	12,857	390,655	182,113
2018-08-23	$126.46	$130.00	25.5%	7.3%	34.5%	20.1%	26.1%	1.3%	0.8%	44.0M	-780.0M	-9.6M	0.51	4.62	N/A	N/A	18,559	9,493	394,312	186,801
2018-08-24	$128.82	$130.00	25.0%	7.1%	28.4%	17.5%	26.1%	1.2%	0.2%	67.6M	-1.04B	-9.8M	0.60	4.75	N/A	N/A	19,447	11,753	398,983	189,454
2018-08-27	$128.97	$130.00	25.1%	7.1%	22.4%	18.1%	26.1%	1.2%	0.1%	56.2M	-1.04B	-9.7M	1.12	5.44	N/A	N/A	10,470	11,708	386,128	188,565
2018-08-28	$128.10	$130.00	24.4%	6.8%	21.9%	14.4%	24.6%	1.7%	0.3%	47.3M	-929.1M	-9.3M	0.82	12.29	N/A	N/A	11,710	9,575	388,457	194,287
2018-08-29	$128.68	$130.00	24.2%	6.8%	21.8%	13.5%	24.7%	1.0%	0.4%	51.6M	-997.2M	-9.4M	1.07	10.79	N/A	N/A	9,019	9,655	390,389	197,093
2018-08-30	$115.87	$130.00	27.7%	7.9%	43.0%	30.8%	27.5%	1.8%	0.0%	6.8M	243.8M	-7.8M	0.57	11.15	N/A	N/A	354,498	202,601	391,510	199,203
2018-08-31	$113.71	$130.00	27.9%	7.8%	42.5%	31.9%	27.6%	2.4%	0.0%	23.9M	42.2M	-11.5M	0.17	15.82	N/A	N/A	144,736	24,978	541,325	222,283