EA Options History — April 2020

In April 2020, EA traded between $97.10 and $117.64. ATM implied volatility averaged 44.6%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded below realized volatility by 8.8% (HV 20d: 53.4%). Max pain ranged from $95.00 to $106.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.93.

Notable Days

  • 2020-04-06: Highest Volume — 12,285 contracts
  • 2020-04-30: Largest IV spike — 13.7% change
  • 2020-04-21: Highest IV Rank — 48.6%
  • 2020-04-01: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$110.56$97.10$117.64$97.10$113.35
Max Pain$102.43$95.00$106.00$100.00$106.00
ATM IV44.6%35.4%51.1%43.6%40.2%
Expected Move13.0%11.3%15.2%15.2%13.6%
HV 20d53.4%33.5%71.1%68.2%34.5%
HV 60d48.1%45.7%49.1%45.7%48.7%
IV Rank38.2%23.5%48.6%36.6%31.2%
IV Percentile85.6%61.9%94.8%85.3%79.8%
Term Structure0.1%-6.7%6.5%4.6%-3.0%
VWIV45.0%38.9%51.3%50.2%47.1%
Skew 25d9.5%-3.6%20.0%16.4%7.6%
Skew 10d15.5%-3.3%39.8%2.7%20.9%
Call IV 25d37.5%30.2%45.8%37.2%36.2%
Put IV 25d47.0%29.7%57.0%53.6%43.7%
Bid-Ask Spread %50.1118.4082.5674.8122.70
Gamma HHI0.100.050.260.060.08
Net GEX4.9M-651.4K11.3M-651.4K5.8M
Net DEX-117.6M-280.1M60.3M60.3M-122.6M
Net VEX-2.2M-2.3M-2.1M-2.1M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.294.251.010.70
Total Volume5,037.5241,86712,2852,2665,012
Total OI117,106.571105,612128,264113,411120,423

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$97.10$100.0043.6%15.2%68.2%36.6%50.2%16.4%4.6%-651.4K60.3M-2.1M1.0174.81N/AN/A1,1261,14052,06061,351
2020-04-02$102.08$95.0043.8%13.6%71.1%37.0%44.6%15.2%6.5%2.1M-13.4M-2.2M0.8567.31N/AN/A1,01185652,27962,068
2020-04-03$102.31$95.0047.0%14.4%70.4%42.0%45.5%16.2%6.2%3.1M-31.1M-2.2M0.5260.96N/AN/A1,35069852,49962,741
2020-04-06$105.61$100.0045.9%12.9%68.5%40.3%43.1%17.8%-4.2%4.6M-72.6M-2.1M0.5367.94N/AN/A8,0144,27150,35060,810
2020-04-07$105.70$100.0047.0%12.8%68.3%42.0%45.3%13.5%-1.6%3.8M-70.8M-2.2M2.5267.15N/AN/A2,2025,55454,61964,239
2020-04-08$106.59$100.0047.2%12.9%67.9%42.4%43.4%11.9%-1.4%4.0M-81.5M-2.2M4.2562.85N/AN/A8883,77054,54766,393
2020-04-09$105.49$100.0041.6%12.4%64.1%33.5%41.2%20.0%3.7%3.4M-51.1M-2.2M0.8471.11N/AN/A1,6581,39754,40470,165
2020-04-13$109.15$100.0043.7%12.4%64.9%36.7%42.2%10.0%5.3%5.5M-106.2M-2.2M1.6382.56N/AN/A1,7832,90853,25969,514
2020-04-14$112.17$100.0045.6%12.8%61.3%39.8%44.0%10.8%3.1%8.0M-179.6M-2.2M0.3072.94N/AN/A2,80784754,41770,733
2020-04-15$113.93$105.0045.1%12.9%59.4%39.0%46.3%7.1%2.4%9.3M-202.4M-2.2M0.3869.80N/AN/A3,4581,29854,72370,194
2020-04-16$117.64$105.0044.9%12.8%49.0%38.7%49.2%8.9%-0.2%11.3M-280.1M-2.2M0.3260.73N/AN/A4,4451,42256,36970,641
2020-04-17$114.78$105.0045.4%12.6%50.8%39.6%45.6%6.9%3.3%10.1M-229.9M-2.2M0.9058.89N/AN/A4,5224,05356,88871,376
2020-04-20$115.49$105.0048.6%12.9%48.7%44.7%46.2%3.0%-4.9%3.3M-145.9M-2.2M0.5629.32N/AN/A2,4181,36443,82061,792
2020-04-21$113.78$105.0051.1%13.8%44.4%48.6%51.3%5.2%-3.4%2.6M-120.7M-2.3M0.7928.96N/AN/A2,4671,95444,94162,883
2020-04-22$114.47$105.0050.4%13.4%44.1%47.5%47.5%11.4%-1.5%3.3M-131.7M-2.3M0.8326.08N/AN/A1,6911,40346,42364,074
2020-04-23$114.29$105.0048.4%13.4%41.6%44.2%43.4%10.6%-3.2%4.0M-131.7M-2.3M0.4931.47N/AN/A1,74785247,09064,093
2020-04-24$116.46$105.0042.8%12.7%34.1%35.4%45.0%1.9%-0.6%5.9M-176.1M-2.2M0.9525.86N/AN/A2,4192,29147,69864,407
2020-04-27$116.29$105.0038.6%11.9%33.5%28.6%41.2%2.2%-1.4%5.1M-167.1M-2.1M0.3818.40N/AN/A3,4251,30446,82965,163
2020-04-28$111.56$105.0040.3%12.7%38.0%31.4%44.6%6.3%-6.7%3.2M-89.8M-2.2M0.5227.04N/AN/A6,6093,42849,07065,861
2020-04-29$113.58$105.0035.4%11.3%37.7%23.5%38.9%-3.6%-1.7%5.9M-125.9M-2.1M0.2925.33N/AN/A4,6051,32151,34066,692
2020-04-30$113.35$106.0040.2%13.6%34.5%31.2%47.1%7.6%-3.0%5.8M-122.6M-2.2M0.7022.70N/AN/A2,9472,06553,36567,058