EA Options History — December 2018

In December 2018, EA traded between $75.07 and $84.01. ATM implied volatility averaged 40.6%, placing in the 52.5% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 9.2% (HV 20d: 31.4%). Max pain ranged from $90.00 to $100.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.92.

Notable Days

  • 2018-12-21: Highest Volume — 21,141 contracts
  • 2018-12-20: Largest IV spike — 14.0% change
  • 2018-12-24: Highest IV Rank — 81.8%
  • 2018-12-24: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.25$75.07$84.01$84.01$78.60
Max Pain$97.50$90.00$100.00$90.00$97.50
ATM IV40.6%33.2%51.2%33.2%41.0%
Expected Move12.1%10.6%15.4%10.6%12.9%
HV 20d31.4%29.0%34.8%31.7%30.2%
HV 60d34.9%33.6%35.8%33.6%35.6%
IV Rank52.5%32.1%81.8%32.1%53.6%
IV Percentile85.7%57.5%99.2%57.5%91.3%
Term Structure0.4%-5.1%12.1%0.4%12.1%
VWIV43.2%36.3%54.8%38.6%46.8%
Skew 25d3.1%-2.4%10.5%-2.4%3.0%
Skew 10d5.8%0.1%13.7%1.9%0.7%
Call IV 25d40.5%34.2%50.1%37.1%42.6%
Put IV 25d43.6%34.7%57.0%34.7%45.6%
Bid-Ask Spread %23.4412.8047.1214.3112.80
Gamma HHI0.070.060.100.090.06
Net GEX-559.7K-4.8M3.2M3.2M-768.4K
Net DEX424.0M317.4M530.8M381.0M396.5M
Net VEX-2.5M-3.1M-2.1M-2.9M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.261.760.370.51
Total Volume11,454.23,77521,14113,3573,775
Total OI404,819.75332,571452,408435,419332,860

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$84.01$90.0033.2%10.6%31.7%32.1%38.6%-2.4%0.4%3.2M381.0M-2.9M0.3714.31N/AN/A9,7773,580304,501130,918
2018-12-04$81.20$90.0034.9%11.6%33.3%37.0%41.1%2.8%1.2%1.0M444.7M-2.7M1.3517.26N/AN/A6,9959,432308,912132,423
2018-12-05$81.11$90.0035.6%12.0%33.3%38.8%42.0%3.7%-0.7%927.1K452.4M-2.6M1.3822.62N/AN/A6,9939,629308,912132,423
2018-12-06$83.52$100.0036.7%10.9%34.6%41.8%37.7%4.0%-0.1%2.6M379.5M-3.0M0.5327.67N/AN/A8,6974,571311,685136,073
2018-12-07$83.97$100.0039.5%11.0%34.8%49.6%41.1%1.3%1.9%1.9M347.1M-3.1M1.7627.18N/AN/A4,6108,097314,123138,285
2018-12-10$83.94$100.0041.9%11.6%30.2%56.1%41.1%2.2%-3.6%2.2M349.9M-3.0M0.2628.00N/AN/A3,524922283,384134,570
2018-12-11$83.49$100.0038.4%11.1%29.9%46.5%40.2%3.4%0.2%1.7M379.3M-2.8M0.5324.84N/AN/A3,9332,103284,490134,926
2018-12-12$83.42$100.0036.6%11.0%29.9%41.6%38.3%2.9%1.6%1.4M389.6M-2.8M0.6822.82N/AN/A8,8866,077285,542135,776
2018-12-13$80.84$100.0035.4%10.7%31.4%38.2%36.3%2.7%2.0%-2.1M484.5M-2.5M1.3817.94N/AN/A6,8099,372285,046137,330
2018-12-14$79.97$100.0036.5%10.6%30.4%41.3%36.8%3.0%0.7%-4.8M517.8M-2.4M1.3521.99N/AN/A5,3707,224283,642140,411
2018-12-17$78.57$100.0039.6%11.4%30.6%49.8%39.8%2.7%-1.9%-3.8M530.8M-2.2M0.8247.12N/AN/A2,7522,246280,272137,882
2018-12-18$80.56$100.0039.5%11.4%29.3%49.6%40.3%2.5%-1.8%-3.3M459.7M-2.4M0.3414.71N/AN/A7,8112,632281,732135,723
2018-12-19$78.00$97.5039.6%11.4%31.2%49.8%39.8%3.6%3.6%-4.7M524.4M-2.1M1.1731.51N/AN/A4,5565,329285,507136,390
2018-12-20$77.21$97.5045.1%13.1%30.7%65.0%46.6%4.6%-4.9%-4.1M474.6M-2.3M0.9718.37N/AN/A6,8096,599286,867134,335
2018-12-21$75.93$97.5046.7%13.9%30.7%69.4%48.4%2.8%-5.1%-3.4M472.1M-2.3M0.7628.67N/AN/A12,0469,095289,097134,156
2018-12-24$75.07$97.5051.2%15.4%29.0%81.8%54.8%10.5%1.7%-647.1K412.2M-2.3M1.0823.77N/AN/A4,7345,106222,672109,899
2018-12-26$77.41$97.5048.8%14.3%31.6%75.1%52.6%-1.1%-4.4%-454.5K404.6M-2.2M1.5127.48N/AN/A4,4956,791223,185110,198
2018-12-27$79.08$97.5047.4%14.7%32.9%71.3%53.2%1.1%4.7%1.3M317.4M-2.5M0.6222.73N/AN/A5,6183,502224,350110,339
2018-12-28$79.12$97.5043.8%13.5%31.9%61.3%48.6%8.2%0.7%749.8K361.3M-2.4M1.0217.12N/AN/A4,2564,331226,094111,465
2018-12-31$78.60$97.5041.0%12.9%30.2%53.6%46.8%3.0%12.1%-768.4K396.5M-2.2M0.5112.80N/AN/A2,5021,273222,312110,548