EA Options History — January 2019

In January 2019, EA traded between $79.00 and $92.50. ATM implied volatility averaged 43.9%, placing in the 61.5% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 6.6% (HV 20d: 37.3%). Max pain ranged from $85.00 to $97.50. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.75.

Notable Days

  • 2019-01-16: Highest Volume — 31,468 contracts
  • 2019-01-03: Largest IV spike — 8.2% change
  • 2019-01-23: Highest IV Rank — 69.5%
  • 2019-01-29: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.68$79.00$92.50$79.80$92.20
Max Pain$86.43$85.00$97.50$97.50$95.00
ATM IV43.9%39.3%46.8%39.3%45.8%
Expected Move13.2%11.8%15.6%11.9%12.2%
HV 20d37.3%28.8%40.5%30.9%40.5%
HV 60d37.7%34.5%39.3%35.8%35.1%
IV Rank61.5%49.0%69.5%49.0%66.7%
IV Percentile93.7%84.5%98.0%84.5%95.6%
Term Structure-0.8%-3.7%6.1%6.1%-1.7%
VWIV47.4%40.6%58.8%41.8%43.0%
Skew 25d3.5%-2.8%8.5%8.5%2.6%
Skew 10d4.6%-9.3%15.6%1.4%4.2%
Call IV 25d43.0%35.0%48.8%35.0%45.1%
Put IV 25d46.6%41.4%49.6%43.5%47.8%
Bid-Ask Spread %14.543.5026.6515.9721.05
Gamma HHI0.090.060.150.060.15
Net GEX9.3M-774.8K20.7M-774.8K20.7M
Net DEX59.1M-139.8M386.4M386.4M-132.8M
Net VEX-3.0M-3.4M-2.1M-2.2M-3.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.251.671.670.65
Total Volume13,661.9522,53631,46812,53014,801
Total OI323,115.857259,743393,137334,706286,329

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$79.80$97.5039.3%11.9%30.9%49.0%41.8%8.5%6.1%-774.8K386.4M-2.2M1.6715.97N/AN/A4,6917,839222,610112,096
2019-01-03$79.00$85.0042.5%13.2%28.8%57.9%46.3%5.1%5.5%-360.3K381.3M-2.1M1.3418.55N/AN/A4,6366,211224,729111,009
2019-01-04$84.41$85.0042.3%13.1%37.5%57.1%48.4%2.6%5.4%2.6M240.4M-2.5M1.4019.52N/AN/A8,42311,818226,364111,848
2019-01-07$87.68$85.0043.6%12.8%38.4%60.9%45.5%-2.8%-1.6%3.5M157.6M-2.8M0.5523.85N/AN/A3,1241,712223,894114,038
2019-01-08$88.94$85.0043.8%12.7%38.7%61.3%44.8%5.2%-0.2%5.3M119.4M-2.8M0.6511.21N/AN/A6,0303,909226,650115,561
2019-01-09$88.68$85.0043.9%12.2%38.7%61.6%43.1%6.1%-1.4%5.3M140.3M-2.8M1.0020.14N/AN/A5,5015,484227,963116,577
2019-01-10$91.35$85.0044.4%12.3%39.7%63.0%45.3%3.3%-2.0%6.8M36.3M-3.0M0.5122.07N/AN/A13,7346,976229,216118,155
2019-01-11$90.65$85.0041.6%11.8%39.9%55.3%40.6%3.3%-0.1%7.5M49.6M-3.0M0.2513.98N/AN/A17,5614,322237,909120,665
2019-01-14$88.68$85.0042.5%12.0%38.9%57.8%42.2%3.6%-1.0%7.5M133.6M-2.9M0.3824.60N/AN/A4,1141,561244,285118,206
2019-01-15$89.49$85.0041.5%11.8%38.5%55.0%44.2%2.9%-2.0%9.2M102.1M-2.9M0.5626.65N/AN/A6,3843,594245,671118,831
2019-01-16$89.77$85.0043.4%12.4%37.5%60.2%44.5%2.9%-3.1%10.2M68.7M-3.1M0.6425.10N/AN/A19,17312,295249,885119,092
2019-01-17$89.13$90.0043.2%12.5%37.2%59.6%45.0%2.6%-2.7%13.5M73.8M-3.2M0.4723.58N/AN/A13,1776,234262,515124,426
2019-01-18$92.50$85.0044.6%13.1%36.1%63.5%45.5%2.7%-3.7%19.6M-133.0M-3.4M0.586.38N/AN/A12,3797,130269,379123,758
2019-01-22$90.81$85.0044.8%14.3%36.8%64.0%51.2%4.4%-0.5%13.4M-101.1M-3.3M0.816.90N/AN/A6,0854,905178,09681,647
2019-01-23$89.13$85.0046.8%14.3%36.9%69.5%51.1%3.1%-2.0%10.4M-27.3M-3.2M0.723.50N/AN/A6,2444,521180,60584,383
2019-01-24$91.31$85.0046.4%14.4%36.6%68.5%50.9%3.9%-3.2%15.0M-120.1M-3.4M0.754.20N/AN/A5,5884,171182,91186,460
2019-01-25$91.95$85.0044.5%14.0%35.8%63.2%49.9%2.8%-2.3%15.9M-139.8M-3.4M0.434.12N/AN/A10,2284,367183,85387,420
2019-01-28$90.37$85.0046.1%15.2%36.6%67.6%57.6%4.9%-3.6%12.7M-59.2M-3.3M0.914.12N/AN/A1,3301,206184,84085,693
2019-01-29$87.38$86.0046.2%15.6%39.3%67.9%56.4%2.5%-2.0%7.6M55.7M-3.0M0.574.36N/AN/A6,1533,511185,69086,301
2019-01-30$89.07$86.5044.1%15.4%39.3%62.2%58.8%3.3%-0.7%10.0M8.7M-3.1M0.875.61N/AN/A8,4487,331187,55188,322
2019-01-31$92.20$95.0045.8%12.2%40.5%66.7%43.0%2.6%-1.7%20.7M-132.8M-3.4M0.6521.05N/AN/A8,9685,833194,58791,742