EA Options History — July 2020

In July 2020, EA traded between $134.04 and $142.14. ATM implied volatility averaged 38.9%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 16.4% (HV 20d: 22.6%). Max pain ranged from $125.00 to $130.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.89.

Notable Days

  • 2020-07-30: Highest Volume — 34,558 contracts
  • 2020-07-31: Largest IV drop — 24.2% change
  • 2020-07-15: Highest IV Rank — 37.4%
  • 2020-07-13: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$137.26$134.04$142.14$135.26$141.05
Max Pain$126.82$125.00$130.00$125.00$130.00
ATM IV38.9%27.4%44.1%42.9%27.4%
Expected Move10.5%7.8%11.9%9.0%8.1%
HV 20d22.6%19.3%24.7%24.3%24.0%
HV 60d26.2%23.8%27.7%27.5%23.8%
IV Rank29.2%10.8%37.4%35.6%10.8%
IV Percentile73.2%23.0%88.5%85.3%23.0%
Term Structure-1.2%-6.7%3.1%-2.1%1.9%
VWIV38.3%27.2%44.6%31.6%29.0%
Skew 25d3.8%-3.0%11.3%6.4%1.6%
Skew 10d10.7%-0.2%20.4%20.4%9.8%
Call IV 25d37.2%29.6%45.9%36.9%29.6%
Put IV 25d40.9%31.2%47.8%43.3%31.2%
Bid-Ask Spread %38.0420.5457.6829.0629.25
Gamma HHI0.080.040.130.100.10
Net GEX6.5M-2.7M17.0M9.1M17.0M
Net DEX-322.5M-430.0M-192.3M-330.6M-430.0M
Net VEX-2.1M-2.4M-1.9M-2.2M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.341.920.500.64
Total Volume9,625.9094,15434,5586,73526,968
Total OI129,301.864116,799154,115123,796154,115

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$135.26$125.0042.9%9.0%24.3%35.6%31.6%6.4%-2.1%9.1M-330.6M-2.2M0.5029.06N/AN/A4,4932,24250,09373,703
2020-07-02$134.04$125.0038.0%7.8%23.4%27.6%27.2%6.8%-2.8%3.8M-324.6M-2.1M0.8625.47N/AN/A2,6982,30751,17774,672
2020-07-06$134.32$125.0039.4%10.2%23.3%29.8%37.4%11.3%-1.9%8.5M-318.1M-2.0M0.7649.03N/AN/A5,1003,85148,97173,424
2020-07-07$135.05$125.0040.5%10.5%23.3%31.7%37.1%4.0%-1.7%9.0M-339.5M-2.0M1.1534.29N/AN/A2,2522,59150,29174,033
2020-07-08$135.88$125.0039.7%10.5%22.7%30.4%36.7%7.0%-0.0%9.4M-342.4M-2.1M0.6050.11N/AN/A2,5931,56150,85874,901
2020-07-09$138.77$125.0041.5%10.9%21.7%33.3%38.6%-3.0%-6.7%11.5M-418.4M-1.9M0.3444.85N/AN/A4,7401,63552,00075,114
2020-07-10$140.49$125.0041.8%11.2%19.9%33.7%39.7%0.2%-1.5%10.7M-429.8M-2.1M1.1240.18N/AN/A5,4046,05851,90575,700
2020-07-13$136.13$125.0044.0%11.9%23.3%37.2%41.4%3.2%3.0%6.6M-324.8M-2.0M0.6248.14N/AN/A4,6402,89950,46774,626
2020-07-14$138.06$125.0043.0%11.6%20.4%35.7%42.0%3.6%-2.1%7.8M-360.3M-2.0M0.7946.18N/AN/A5,0593,97952,32876,160
2020-07-15$138.52$125.0044.1%11.3%20.0%37.4%44.6%5.5%-6.6%7.8M-366.7M-2.2M1.0641.23N/AN/A5,9096,23754,22878,407
2020-07-16$138.10$125.0040.0%10.8%19.5%30.9%43.4%1.3%-1.2%9.6M-356.9M-2.1M1.1950.62N/AN/A2,7813,31255,65280,297
2020-07-17$138.35$125.0036.7%10.0%19.3%25.5%35.5%3.9%-2.8%8.6M-367.2M-2.1M0.5057.68N/AN/A3,0531,52456,27582,320
2020-07-20$142.14$125.0037.1%10.8%21.0%26.3%38.1%2.8%3.1%6.0M-349.2M-2.0M0.7437.63N/AN/A7,2165,34446,59770,202
2020-07-21$139.40$125.0037.8%10.8%22.5%27.4%40.9%5.1%-1.4%4.9M-301.1M-2.3M1.9220.54N/AN/A2,5294,84450,06172,513
2020-07-22$138.35$130.0037.1%10.6%22.6%26.3%37.9%3.8%-1.5%2.6M-285.0M-2.1M1.0730.71N/AN/A2,5682,74950,84875,884
2020-07-23$135.36$130.0036.9%10.5%24.2%25.9%39.3%5.8%2.3%-18.7K-210.3M-2.3M0.8131.41N/AN/A4,5263,65151,99176,829
2020-07-24$134.95$130.0039.1%11.2%24.1%29.5%40.3%7.9%1.2%-2.7M-192.3M-2.4M1.7240.38N/AN/A3,4465,93153,53078,759
2020-07-27$136.29$130.0038.0%10.7%24.3%27.6%38.1%2.0%-1.6%2.6M-255.1M-2.2M0.8533.93N/AN/A2,7272,30951,96475,781
2020-07-28$134.79$130.0038.1%11.0%24.7%27.8%42.1%0.9%1.1%1.8M-222.7M-2.2M1.3529.72N/AN/A1,9732,66452,57976,896
2020-07-29$136.13$130.0037.6%10.9%24.7%27.0%40.8%2.9%-1.0%2.1M-240.7M-2.3M0.5133.87N/AN/A7,1823,66753,18877,864
2020-07-30$138.36$130.0036.2%11.4%23.5%24.8%40.2%-0.7%-4.2%5.6M-329.6M-2.1M0.5332.57N/AN/A22,58711,97158,00179,437
2020-07-31$141.05$130.0027.4%8.1%24.0%10.8%29.0%1.6%1.9%17.0M-430.0M-2.0M0.6429.25N/AN/A16,45410,51467,69686,419