EA Options History — November 2018

In November 2018, EA traded between $82.67 and $94.06. ATM implied volatility averaged 36.9%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 5.6% (HV 20d: 42.5%). Max pain ranged from $90.00 to $105.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.23.

Notable Days

2018-11-09: Highest Volume — 38,878 contracts
2018-11-09: Largest IV spike — 12.4% change
2018-11-20: Highest IV Rank — 58.4%
2018-11-20: Largest Expected Move — 12.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$87.66	$82.67	$94.06	$94.06	$84.06
Max Pain	$95.24	$90.00	$105.00	$105.00	$90.00
ATM IV	36.9%	31.4%	42.8%	35.7%	37.3%
Expected Move	10.9%	9.1%	12.3%	11.2%	11.5%
HV 20d	42.5%	32.0%	46.3%	44.1%	32.0%
HV 60d	36.9%	33.5%	38.8%	37.7%	33.8%
IV Rank	42.4%	27.2%	58.4%	39.2%	43.4%
IV Percentile	79.7%	60.7%	96.8%	76.6%	81.3%
Term Structure	-0.7%	-3.2%	1.1%	-0.3%	-1.1%
VWIV	38.3%	32.6%	42.7%	39.7%	40.9%
Skew 25d	3.8%	-1.7%	5.4%	5.1%	4.5%
Skew 10d	7.1%	-0.4%	10.3%	8.5%	2.4%
Call IV 25d	36.2%	30.8%	41.7%	33.5%	35.9%
Put IV 25d	40.0%	33.9%	46.6%	38.6%	40.3%
Bid-Ask Spread %	11.96	4.23	27.17	25.92	13.82
Gamma HHI	0.10	0.08	0.12	0.11	0.09
Net GEX	4.1M	1.4M	10.1M	4.9M	3.1M
Net DEX	394.2M	258.6M	499.9M	316.5M	379.4M
Net VEX	-3.5M	-4.4M	-2.9M	-4.2M	-3.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.23	0.54	2.21	1.19	1.49
Total Volume	27,496.429	17,104	38,878	29,046	28,604
Total OI	449,676.619	416,738	489,647	447,867	441,522

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
2018-11-01	$94.06	$105.00	35.7%	11.2%	44.1%	39.2%	39.7%	5.1%	-0.3%	4.9M	316.5M	-4.2M	1.19	25.92	N/A	N/A	13,264	15,782	304,469	143,398
2018-11-02	$92.39	$105.00	36.0%	11.4%	43.9%	40.0%	39.8%	5.2%	-0.4%	2.1M	355.1M	-4.3M	2.21	20.85	N/A	N/A	6,883	15,189	305,108	146,015
2018-11-05	$92.24	$100.00	36.0%	10.3%	43.6%	39.9%	35.5%	4.2%	1.1%	3.2M	350.5M	-4.2M	1.82	17.32	N/A	N/A	7,062	12,861	297,391	138,940
2018-11-06	$92.14	$100.00	33.9%	9.9%	43.7%	34.2%	33.2%	4.2%	-0.1%	2.4M	397.1M	-3.9M	1.84	7.21	N/A	N/A	7,664	14,098	298,796	140,256
2018-11-07	$93.82	$100.00	31.4%	9.1%	43.5%	27.2%	32.6%	3.1%	-0.3%	5.8M	317.6M	-4.1M	0.62	6.56	N/A	N/A	21,368	13,291	301,711	141,205
2018-11-08	$93.74	$100.00	33.6%	9.8%	43.3%	33.3%	34.2%	2.8%	-0.4%	10.1M	258.6M	-4.4M	0.88	19.40	N/A	N/A	18,453	16,274	318,233	143,291
2018-11-09	$89.02	$95.00	37.7%	10.7%	45.5%	44.7%	38.0%	2.3%	0.2%	3.8M	421.4M	-4.1M	0.72	26.18	N/A	N/A	22,638	16,240	328,293	145,658
2018-11-12	$87.60	$95.00	39.6%	11.1%	45.3%	49.7%	39.3%	5.4%	-0.5%	3.5M	445.7M	-3.8M	0.66	27.17	N/A	N/A	17,540	11,573	332,396	144,824
2018-11-13	$87.29	$95.00	37.7%	11.1%	44.6%	44.5%	37.9%	4.5%	0.8%	4.3M	450.1M	-3.8M	0.56	9.27	N/A	N/A	17,418	9,732	339,953	146,084
2018-11-14	$86.08	$95.00	38.1%	11.0%	43.8%	45.6%	37.8%	4.3%	0.1%	2.3M	499.9M	-3.5M	0.55	6.00	N/A	N/A	15,069	8,359	339,608	146,362
2018-11-15	$87.69	$95.00	37.1%	10.5%	44.6%	43.1%	36.8%	5.0%	-0.6%	4.8M	437.8M	-3.6M	0.80	7.57	N/A	N/A	9,521	7,583	342,455	145,521
2018-11-16	$86.55	$95.00	36.1%	10.6%	43.9%	40.3%	35.7%	4.3%	1.0%	6.7M	480.7M	-3.5M	0.71	6.61	N/A	N/A	11,717	8,298	343,270	146,377
2018-11-19	$83.10	$95.00	39.4%	11.3%	45.3%	49.3%	39.8%	4.7%	-2.8%	1.4M	468.9M	-2.9M	0.54	4.44	N/A	N/A	13,038	7,078	292,662	124,076
2018-11-20	$82.82	$95.00	42.8%	12.3%	45.0%	58.4%	42.7%	4.9%	-3.2%	1.5M	456.4M	-2.9M	1.37	6.59	N/A	N/A	16,380	22,480	295,416	125,280
2018-11-21	$83.99	$90.00	39.5%	11.3%	45.7%	49.6%	39.3%	4.5%	-2.5%	3.1M	417.3M	-3.0M	1.52	4.98	N/A	N/A	12,742	19,318	298,455	126,534
2018-11-23	$82.67	$90.00	40.4%	11.8%	45.2%	52.0%	41.4%	4.1%	-2.4%	2.3M	434.6M	-3.0M	2.20	10.94	N/A	N/A	8,634	18,986	302,412	128,741
2018-11-26	$84.63	$90.00	36.1%	11.0%	46.3%	40.2%	40.6%	2.6%	-0.1%	3.6M	390.3M	-3.0M	1.72	4.80	N/A	N/A	10,770	18,516	299,282	126,517
2018-11-27	$84.98	$90.00	35.7%	11.2%	38.1%	39.1%	39.5%	4.3%	-0.5%	4.7M	357.9M	-3.0M	1.79	4.23	N/A	N/A	9,799	17,518	301,915	129,517
2018-11-28	$85.23	$90.00	35.3%	11.2%	33.1%	38.1%	39.5%	-1.7%	-0.6%	5.1M	357.8M	-3.0M	1.18	7.92	N/A	N/A	12,362	14,572	303,127	130,828
2018-11-29	$86.79	$90.00	35.4%	11.3%	32.7%	38.2%	39.8%	0.9%	-1.0%	7.7M	285.0M	-3.3M	1.44	13.36	N/A	N/A	11,803	16,948	305,527	131,784
2018-11-30	$84.06	$90.00	37.3%	11.5%	32.0%	43.4%	40.9%	4.5%	-1.1%	3.1M	379.4M	-3.0M	1.49	13.82	N/A	N/A	11,496	17,108	308,221	133,301