EA Options History — September 2018

In September 2018, EA traded between $111.39 and $120.47. ATM implied volatility averaged 26.1%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded below realized volatility by 14.7% (HV 20d: 40.8%). Max pain ranged from $115.00 to $130.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.77.

Notable Days

  • 2018-09-04: Highest Volume — 56,710 contracts
  • 2018-09-27: Largest IV spike — 8.9% change
  • 2018-09-05: Highest IV Rank — 37.2%
  • 2018-09-05: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$114.53$111.39$120.47$113.45$120.47
Max Pain$117.37$115.00$130.00$130.00$115.00
ATM IV26.1%23.7%28.9%28.6%28.4%
Expected Move7.5%6.8%8.2%8.2%7.3%
HV 20d40.8%19.7%44.0%42.4%19.7%
HV 60d33.3%33.1%33.9%33.5%33.5%
IV Rank23.1%11.1%37.2%35.3%34.2%
IV Percentile40.2%13.9%58.3%57.9%57.1%
Term Structure2.5%-0.4%9.8%-0.0%9.8%
VWIV26.6%24.2%29.1%28.9%26.1%
Skew 25d2.2%1.6%2.5%2.1%2.5%
Skew 10d4.1%2.7%4.8%4.0%4.2%
Call IV 25d25.5%23.4%28.5%28.5%24.2%
Put IV 25d27.7%25.7%30.5%30.5%26.7%
Bid-Ask Spread %12.776.2525.1015.8611.57
Gamma HHI0.110.090.120.120.11
Net GEX15.2M-1.4M54.6M7.4M54.6M
Net DEX-101.4M-776.3M272.8M119.0M-776.3M
Net VEX-9.0M-9.6M-8.4M-9.3M-8.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.271.140.460.51
Total Volume32,31516,65956,71056,71029,321
Total OI589,584.421482,555640,027603,597482,555

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$113.45$130.0028.6%8.2%42.4%35.3%28.9%2.1%-0.0%7.4M119.0M-9.3M0.4615.86N/AN/A38,80317,907385,320218,277
2018-09-05$111.39$130.0028.9%8.2%42.6%37.2%29.1%2.0%-0.4%3.6M272.8M-9.1M0.807.99N/AN/A20,25416,244387,558223,045
2018-09-06$113.63$120.0027.7%8.0%43.5%30.8%28.5%2.5%-0.1%12.0M40.5M-9.6M0.4717.88N/AN/A29,04613,798393,724225,720
2018-09-07$115.07$120.0027.3%7.9%44.0%28.9%27.7%2.3%0.1%8.0M-101.4M-9.6M0.606.36N/AN/A32,09719,284397,259228,825
2018-09-10$113.02$120.0027.9%8.1%42.6%32.1%28.7%1.9%0.3%10.1M99.0M-9.4M0.8916.34N/AN/A16,66514,833386,733228,338
2018-09-11$112.32$115.0027.5%8.1%42.5%29.9%28.3%2.1%1.0%5.0M184.0M-9.0M0.9513.67N/AN/A13,59312,911383,657233,496
2018-09-12$113.09$115.0026.1%7.6%42.5%23.2%26.6%1.8%0.2%6.4M97.4M-9.0M1.0013.35N/AN/A10,77810,793383,773233,439
2018-09-13$113.55$115.0025.1%7.3%41.6%18.0%25.9%1.6%0.2%10.5M41.7M-9.1M0.7614.47N/AN/A15,05111,477386,893234,384
2018-09-14$114.19$115.0024.9%7.2%41.1%17.2%25.7%1.9%0.3%20.1M-43.1M-9.2M0.7020.31N/AN/A16,94311,841392,111234,715
2018-09-17$112.72$115.0025.8%7.4%41.0%21.6%26.3%2.3%0.0%3.7M105.4M-8.9M1.1125.10N/AN/A9,88910,954389,590232,930
2018-09-18$112.74$115.0025.2%7.2%40.9%18.5%25.5%2.2%0.2%863.9K119.0M-8.8M1.1324.80N/AN/A13,23414,928391,212235,858
2018-09-19$112.66$115.0024.7%7.1%41.0%15.8%25.1%2.3%-0.0%-1.4M134.2M-8.7M0.927.51N/AN/A13,03111,976393,738240,896
2018-09-20$113.48$115.0023.7%6.8%41.1%11.1%24.2%2.4%0.3%8.1M27.0M-8.8M1.147.78N/AN/A12,02213,667395,628240,189
2018-09-21$115.41$115.0024.0%6.9%41.8%12.7%24.7%1.9%-0.2%13.0M-189.6M-8.9M0.938.80N/AN/A12,76911,880396,610243,417
2018-09-24$114.98$115.0024.6%7.1%40.9%15.5%25.7%2.4%8.1%19.1M-296.6M-8.9M0.867.24N/AN/A8,9767,683294,440206,194
2018-09-25$116.32$115.0025.0%7.3%41.3%17.6%26.5%2.3%8.6%25.5M-418.6M-9.0M0.686.25N/AN/A21,79014,896296,532208,398
2018-09-26$118.83$115.0024.4%7.1%42.4%14.4%25.6%2.5%9.2%38.5M-677.0M-8.9M0.279.02N/AN/A43,21011,732293,439201,611
2018-09-27$118.80$115.0026.6%7.3%42.3%25.2%26.0%2.4%9.3%43.0M-663.2M-9.1M0.458.35N/AN/A20,5519,158297,474204,126
2018-09-28$120.47$115.0028.4%7.3%19.7%34.2%26.1%2.5%9.8%54.6M-776.3M-8.4M0.5111.57N/AN/A19,4359,886274,458208,097