EA Options History — January 2020

In January 2020, EA traded between $107.07 and $113.29. ATM implied volatility averaged 31.7%, placing in the 36.7% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 18.8% (HV 20d: 12.9%). Max pain ranged from $100.00 to $110.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.76.

Notable Days

  • 2020-01-30: Highest Volume — 31,824 contracts
  • 2020-01-31: Largest IV drop — 24.2% change
  • 2020-01-27: Highest IV Rank — 51.6%
  • 2020-01-27: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$110.39$107.07$113.29$107.07$107.69
Max Pain$107.38$100.00$110.00$100.00$110.00
ATM IV31.7%25.1%36.2%31.6%25.1%
Expected Move8.6%6.1%10.9%6.2%7.1%
HV 20d12.9%11.5%19.3%12.6%19.3%
HV 60d14.8%14.2%15.4%15.4%15.3%
IV Rank36.7%14.8%51.6%36.4%14.8%
IV Percentile34.0%11.5%61.9%29.8%11.5%
Term Structure-1.5%-2.7%0.9%-0.8%0.9%
VWIV30.2%21.2%37.9%21.6%25.0%
Skew 25d1.6%-0.0%3.5%3.5%0.6%
Skew 10d3.2%-1.8%7.1%5.6%5.5%
Call IV 25d31.1%25.6%34.7%30.1%25.6%
Put IV 25d32.7%26.2%36.6%33.6%26.2%
Bid-Ask Spread %8.012.5623.053.528.56
Gamma HHI0.130.080.260.130.10
Net GEX8.9M-2.1M19.9M6.9M-2.1M
Net DEX-236.8M-482.1M10.2M-218.3M10.2M
Net VEX-1.9M-2.1M-1.8M-1.9M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.191.550.780.81
Total Volume10,747.194,81731,8246,36624,583
Total OI170,249.333113,094220,821198,785146,544

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$107.07$100.0031.6%6.2%12.6%36.4%21.6%3.5%-0.8%6.9M-218.3M-1.9M0.783.52N/AN/A3,5772,78983,549115,236
2020-01-03$107.43$100.0032.2%6.1%12.3%38.5%21.2%2.5%-1.4%8.2M-236.6M-1.9M1.353.20N/AN/A3,7255,02784,758115,642
2020-01-06$108.92$105.0031.6%8.2%12.3%36.3%29.7%2.9%-1.1%9.8M-283.4M-1.9M0.974.42N/AN/A4,9634,82982,664115,252
2020-01-07$108.58$105.0031.2%8.2%12.3%35.2%29.1%3.0%-1.1%9.9M-271.4M-1.9M1.289.27N/AN/A3,4524,42984,307116,052
2020-01-08$109.77$105.0031.4%8.3%11.7%35.7%29.4%2.1%-1.3%11.2M-318.0M-1.9M0.192.56N/AN/A19,6573,64585,070118,524
2020-01-09$109.29$105.0030.9%8.1%12.0%34.2%28.1%2.0%-1.8%19.9M-331.1M-1.9M0.303.69N/AN/A6,5281,95691,462120,231
2020-01-10$108.56$110.0030.3%8.0%12.2%32.2%28.2%2.2%-1.4%15.4M-307.1M-1.9M0.373.71N/AN/A6,6322,46392,692121,271
2020-01-13$109.80$110.0031.1%8.4%11.6%34.9%29.2%1.7%-1.5%12.4M-319.6M-1.8M0.574.35N/AN/A3,1821,81585,142119,698
2020-01-14$110.01$105.0032.2%8.5%11.5%38.3%30.0%1.5%-2.7%13.1M-330.3M-1.8M0.274.30N/AN/A5,4061,48486,257120,181
2020-01-15$109.47$105.0032.5%8.6%11.5%39.4%30.2%1.9%-2.2%13.9M-307.5M-1.8M0.3612.06N/AN/A8,6943,15687,532120,823
2020-01-16$111.13$105.0031.4%8.4%12.4%35.7%29.1%0.7%-2.5%17.1M-416.9M-1.9M0.5623.05N/AN/A7,7194,29992,253122,151
2020-01-17$112.48$110.0031.3%8.6%12.4%35.5%29.8%-0.0%-2.2%13.1M-482.1M-1.9M0.344.57N/AN/A7,8652,68397,125123,696
2020-01-21$112.34$110.0032.3%9.2%12.5%38.9%32.1%0.5%-2.1%5.8M-161.0M-1.9M0.584.15N/AN/A4,1652,42743,13071,228
2020-01-22$113.23$110.0032.1%9.2%12.5%38.1%32.8%0.7%-2.1%6.7M-177.0M-1.9M1.024.12N/AN/A2,7662,81043,88172,436
2020-01-23$113.29$110.0032.3%9.4%12.5%38.8%32.8%0.3%-2.0%6.8M-175.2M-1.9M1.3211.42N/AN/A2,3413,09444,18673,387
2020-01-24$112.35$110.0032.9%9.6%12.9%40.9%33.6%0.5%-2.4%5.2M-152.0M-1.9M0.8212.19N/AN/A4,5083,71045,26674,947
2020-01-27$110.69$110.0036.2%10.9%14.0%51.6%37.9%1.9%-1.4%1.9M-94.1M-2.0M0.4710.65N/AN/A6,4263,01642,63370,461
2020-01-28$112.21$110.0031.8%9.7%14.7%37.2%33.9%1.6%-1.2%4.9M-145.5M-2.0M0.6611.69N/AN/A5,5503,67946,51872,445
2020-01-29$112.15$110.0031.7%9.7%13.5%36.9%34.1%1.5%-1.4%4.2M-134.0M-2.0M1.5519.53N/AN/A1,8882,92947,12174,750
2020-01-30$111.68$110.0033.1%10.3%13.7%41.6%36.1%1.3%-0.5%3.4M-121.8M-2.1M1.297.27N/AN/A13,87017,95447,89976,836
2020-01-31$107.69$110.0025.1%7.1%19.3%14.8%25.0%0.6%0.9%-2.1M10.2M-2.1M0.818.56N/AN/A13,59710,98656,24590,299