EA Options History — March 2019

In March 2019, EA traded between $94.53 and $104.71. ATM implied volatility averaged 35.3%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded below realized volatility by 13.2% (HV 20d: 48.5%). Max pain ranged from $95.50 to $100.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2019-03-21: Highest Volume — 61,961 contracts
  • 2019-03-07: Largest IV spike — 10.5% change
  • 2019-03-07: Highest IV Rank — 47.6%
  • 2019-03-22: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$99.52$94.53$104.71$97.86$101.90
Max Pain$98.83$95.50$100.00$96.00$100.00
ATM IV35.3%32.3%38.8%34.4%32.3%
Expected Move11.5%9.5%12.8%9.5%11.2%
HV 20d48.5%29.0%86.5%86.5%36.2%
HV 60d57.5%56.6%58.4%57.3%58.1%
IV Rank37.9%29.8%47.6%35.5%29.8%
IV Percentile49.8%33.3%71.0%45.2%33.3%
Term Structure-0.2%-1.3%0.6%0.3%0.4%
VWIV40.1%33.7%44.8%33.9%39.2%
Skew 25d1.9%0.9%4.0%2.6%2.2%
Skew 10d3.6%1.4%5.4%3.7%4.2%
Call IV 25d34.9%31.6%38.8%33.4%31.6%
Put IV 25d36.7%33.8%40.8%36.0%33.8%
Bid-Ask Spread %12.733.4534.134.0317.18
Gamma HHI0.110.060.190.110.09
Net GEX22.0M8.0M40.8M33.4M19.0M
Net DEX-378.8M-674.6M-39.9M-412.1M-354.5M
Net VEX-4.9M-5.1M-4.6M-5.1M-4.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.281.340.831.10
Total Volume36,049.66715,33861,96141,91519,531
Total OI436,158.571317,188556,889543,249338,683

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$97.86$96.0034.4%9.5%86.5%35.5%33.9%2.6%0.3%33.4M-412.1M-5.1M0.834.03N/AN/A22,86819,047369,090174,159
2019-03-04$97.01$96.5036.0%10.4%86.5%40.0%36.4%4.0%0.3%22.2M-282.4M-4.9M0.425.10N/AN/A21,0088,843348,399162,089
2019-03-05$95.97$96.0034.2%9.6%85.8%35.0%33.7%2.2%0.2%18.2M-175.5M-4.7M0.555.36N/AN/A17,9199,936352,637163,162
2019-03-06$94.53$96.0035.1%9.8%84.7%37.4%34.3%2.3%-0.1%8.5M-39.9M-4.6M0.714.72N/AN/A16,01311,388356,420168,641
2019-03-07$99.11$95.5038.8%11.7%65.4%47.6%41.3%2.0%-0.3%34.7M-540.8M-5.0M0.383.45N/AN/A40,10315,322357,898169,112
2019-03-08$97.90$95.5038.8%10.9%64.2%47.6%38.7%2.6%-1.2%29.6M-417.7M-4.9M0.575.46N/AN/A26,90815,350366,418171,198
2019-03-11$99.11$100.0036.6%12.3%40.9%41.5%42.2%2.5%-0.1%29.0M-479.9M-4.9M0.4522.96N/AN/A19,4338,743353,000163,133
2019-03-12$98.84$100.0036.2%12.3%40.9%40.4%43.2%1.7%0.1%30.2M-463.1M-4.9M0.5610.13N/AN/A16,3349,138360,774166,452
2019-03-13$100.25$100.0036.8%12.6%35.8%42.0%43.8%1.2%-0.4%40.8M-648.0M-4.8M0.4817.64N/AN/A36,47717,581363,637167,773
2019-03-14$99.01$100.0036.1%12.6%35.9%40.1%44.8%1.0%-0.2%32.4M-462.5M-5.1M0.7222.05N/AN/A24,85717,857370,543179,401
2019-03-15$99.38$100.0033.6%11.8%33.6%33.3%41.4%0.9%0.6%32.8M-396.4M-5.0M0.6216.26N/AN/A28,85017,766374,820182,069
2019-03-18$99.76$100.0033.2%11.5%33.3%32.2%39.9%1.0%-0.5%15.2M-311.1M-4.8M0.2834.13N/AN/A25,4127,092183,355133,833
2019-03-19$97.34$100.0034.7%12.0%32.6%36.4%41.7%1.7%-0.6%11.2M-187.8M-4.8M0.3510.97N/AN/A40,86914,139192,278136,758
2019-03-20$97.40$100.0033.3%11.6%29.0%32.5%40.2%1.4%-0.4%8.0M-165.3M-4.8M0.297.53N/AN/A23,3426,787191,395144,688
2019-03-21$104.71$100.0036.7%12.1%37.7%41.8%42.4%1.1%-1.3%24.1M-674.6M-5.1M0.509.96N/AN/A41,25020,711196,102146,090
2019-03-22$102.40$100.0038.1%12.8%38.4%45.6%44.7%1.2%-1.1%14.0M-507.2M-5.0M0.5919.87N/AN/A31,79318,745196,556150,363
2019-03-25$102.09$100.0036.2%12.3%38.5%40.5%42.4%1.9%-0.6%15.0M-386.9M-4.9M1.0615.45N/AN/A8,5139,031182,902135,231
2019-03-26$102.36$100.0033.6%11.4%37.4%33.2%39.9%1.7%-0.4%15.9M-394.5M-4.8M0.754.96N/AN/A16,70212,482185,169138,161
2019-03-27$100.98$100.0033.2%11.4%37.6%32.2%39.6%1.4%0.1%12.1M-296.0M-4.7M1.3411.45N/AN/A10,05213,513188,762141,306
2019-03-28$101.96$100.0032.8%11.4%36.8%31.1%39.7%2.1%0.4%14.9M-358.3M-4.7M0.6618.74N/AN/A9,2466,092191,122145,751
2019-03-29$101.90$100.0032.3%11.2%36.2%29.8%39.2%2.2%0.4%19.0M-354.5M-4.7M1.1017.18N/AN/A9,28610,245192,306146,377