EA Options History — September 2020

In September 2020, EA traded between $124.41 and $139.85. ATM implied volatility averaged 34.2%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 1.5% (HV 20d: 32.6%). Max pain ranged from $125.00 to $140.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.91.

Notable Days

  • 2020-09-11: Highest Volume — 11,786 contracts
  • 2020-09-21: Largest IV spike — 15.0% change
  • 2020-09-03: Highest IV Rank — 30.3%
  • 2020-09-03: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$129.59$124.41$139.85$138.13$130.37
Max Pain$130.71$125.00$140.00$125.00$130.00
ATM IV34.2%30.2%39.6%33.6%31.8%
Expected Move9.8%8.7%11.7%9.2%8.7%
HV 20d32.6%22.5%35.9%22.5%35.9%
HV 60d27.5%24.0%28.8%24.2%28.5%
IV Rank21.6%15.2%30.3%20.7%17.7%
IV Percentile55.2%32.5%76.6%57.9%42.9%
Term Structure1.7%-2.0%9.5%4.2%3.8%
VWIV34.9%29.6%43.5%33.3%29.6%
Skew 25d5.1%0.4%9.4%0.4%4.0%
Skew 10d7.8%-0.7%15.6%5.8%8.5%
Call IV 25d32.9%28.6%39.7%36.8%28.7%
Put IV 25d38.0%32.7%44.8%37.3%32.7%
Bid-Ask Spread %41.068.3363.7352.4433.00
Gamma HHI0.050.040.080.050.05
Net GEX-545.1K-5.8M7.5M1.1M2.7M
Net DEX-92.7M-290.2M42.6M-256.0M-127.0M
Net VEX-2.3M-2.5M-2.1M-2.2M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.471.811.810.72
Total Volume6,866.813,45811,7867,7483,869
Total OI146,239.095128,972158,129144,646138,583

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$138.13$125.0033.6%9.2%22.5%20.7%33.3%0.4%4.2%1.1M-256.0M-2.2M1.8152.44N/AN/A2,7624,98661,64782,999
2020-09-02$139.85$130.0034.8%9.7%23.2%22.6%35.5%9.4%3.2%2.4M-290.2M-2.3M0.7445.84N/AN/A3,9442,92162,68385,819
2020-09-03$132.19$140.0039.6%11.7%29.9%30.3%43.5%5.1%2.4%-4.4M-87.0M-2.5M1.5941.91N/AN/A3,7936,01863,29686,917
2020-09-04$130.81$135.0035.3%10.8%29.3%23.5%38.7%6.0%-1.8%-5.8M-59.1M-2.3M1.0646.41N/AN/A4,2024,46064,23389,616
2020-09-08$124.41$135.0038.5%11.4%32.8%28.5%40.9%7.1%2.4%-5.6M42.6M-2.3M0.8442.62N/AN/A5,9214,97461,92586,969
2020-09-09$128.81$130.0035.9%10.4%34.9%24.4%37.4%3.6%1.1%-3.0M-67.4M-2.2M0.7353.86N/AN/A4,2493,11965,23188,653
2020-09-10$127.60$130.0034.9%10.3%33.4%22.8%36.3%5.4%1.3%-2.5M-38.7M-2.3M0.8255.42N/AN/A4,1723,40866,82789,578
2020-09-11$126.02$130.0035.5%10.0%33.0%23.7%34.7%5.8%1.2%-4.5M-1.7M-2.2M1.1455.50N/AN/A5,4986,28867,96390,166
2020-09-14$126.51$130.0034.4%9.9%33.1%21.9%34.5%5.7%1.1%-2.8M-49.5M-2.2M1.2654.74N/AN/A1,5311,92765,03987,166
2020-09-15$128.11$130.0032.3%9.2%33.6%18.6%32.9%4.1%0.8%-2.9M-77.6M-2.2M0.4741.65N/AN/A3,8361,80765,67387,667
2020-09-16$127.04$130.0033.8%9.7%32.8%20.9%33.4%4.7%-1.1%-2.5M-53.8M-2.2M0.5363.73N/AN/A3,0181,58667,20788,183
2020-09-17$124.78$130.0033.0%9.5%33.1%19.6%33.4%5.3%0.0%-2.5M1.4M-2.2M0.9557.65N/AN/A3,1202,96668,14288,428
2020-09-18$125.60$130.0030.2%8.9%32.6%15.2%32.0%4.5%-2.0%155.7K-31.5M-2.1M1.1961.82N/AN/A3,7194,43568,77089,282
2020-09-21$128.31$130.0034.7%10.1%33.7%22.4%36.5%6.9%-0.3%-60.2K-76.5M-2.2M0.9231.82N/AN/A3,0252,76950,65478,318
2020-09-22$131.14$130.0034.4%9.5%34.8%21.9%33.8%7.5%-0.7%2.9M-146.3M-2.2M0.7310.89N/AN/A4,1783,03452,17679,869
2020-09-23$128.79$130.0035.3%10.0%35.1%23.4%35.3%6.2%-0.9%1.6M-91.4M-2.4M0.748.33N/AN/A3,0032,22654,40381,307
2020-09-24$129.56$130.0033.2%9.7%34.9%20.1%34.8%7.1%0.7%3.0M-96.7M-2.4M1.0335.46N/AN/A2,3422,41755,45481,923
2020-09-25$131.29$130.0032.6%9.5%35.4%19.1%33.4%1.0%3.2%7.5M-159.7M-2.3M0.6032.94N/AN/A3,2111,91456,33382,123
2020-09-28$132.22$130.0031.5%8.8%35.5%17.3%31.0%4.0%8.2%3.0M-165.8M-2.3M0.6613.34N/AN/A2,8711,90353,43180,595
2020-09-29$129.76$130.0032.5%9.2%35.9%18.9%31.4%2.6%9.5%787.3K-115.5M-2.3M0.5522.92N/AN/A5,6663,11554,53181,242
2020-09-30$130.37$130.0031.8%8.7%35.9%17.7%29.6%4.0%3.8%2.7M-127.0M-2.3M0.7233.00N/AN/A2,2531,61656,62981,954