EA Options History — December 2020

In December 2020, EA traded between $127.26 and $143.60. ATM implied volatility averaged 29.0%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 6.7% (HV 20d: 22.3%). Max pain ranged from $115.00 to $125.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.48.

Notable Days

  • 2020-12-14: Highest Volume — 13,802 contracts
  • 2020-12-22: Largest IV drop — 7.4% change
  • 2020-12-21: Highest IV Rank — 15.7%
  • 2020-12-10: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$136.90$127.26$143.60$127.26$143.60
Max Pain$117.27$115.00$125.00$125.00$120.00
ATM IV29.0%28.1%30.5%29.9%29.7%
Expected Move8.3%7.6%8.8%8.5%7.6%
HV 20d22.3%15.3%36.6%36.5%15.3%
HV 60d29.2%26.6%31.9%31.9%26.6%
IV Rank12.8%9.7%15.7%14.8%12.3%
IV Percentile19.7%10.3%31.3%26.6%24.2%
Term Structure1.9%-1.5%8.3%-0.2%8.3%
VWIV29.8%27.7%32.6%31.0%27.7%
Skew 25d1.9%-0.5%3.5%1.8%0.9%
Skew 10d3.9%-1.4%6.9%5.6%4.6%
Call IV 25d29.3%27.7%31.0%31.0%28.0%
Put IV 25d31.2%28.6%33.2%32.7%29.0%
Bid-Ask Spread %27.566.3547.8726.196.35
Gamma HHI0.110.080.160.080.10
Net GEX14.2M8.8M17.6M8.8M17.3M
Net DEX-412.5M-598.7M-206.1M-206.1M-495.6M
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 Ratio0.480.230.980.410.43
Total Volume8,597.6363,27613,80211,4547,181
Total OI167,430.273152,258180,651165,801159,852

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$127.26$125.0029.9%8.5%36.5%14.8%31.0%1.8%-0.2%8.8M-206.1M-2.1M0.4126.19N/AN/A8,1393,31571,03294,769
2020-12-02$129.44$125.0028.4%8.5%36.6%12.3%30.4%2.9%0.7%11.7M-264.7M-2.2M0.2314.63N/AN/A9,6212,17973,74596,443
2020-12-03$128.74$115.0028.7%8.5%34.9%12.8%30.1%0.0%0.5%16.1M-262.8M-2.2M0.3044.64N/AN/A8,4982,57176,42397,025
2020-12-04$128.92$115.0028.5%8.4%34.3%12.6%29.7%-0.5%2.6%14.0M-263.3M-2.2M0.5327.71N/AN/A5,0752,67677,92498,356
2020-12-07$130.85$115.0029.3%8.6%22.8%13.8%30.7%2.0%0.5%11.9M-294.3M-2.2M0.5822.38N/AN/A6,6983,91673,84294,523
2020-12-08$132.04$115.0030.2%8.6%22.3%15.3%30.4%0.9%0.5%12.9M-328.5M-2.2M0.3419.49N/AN/A6,8812,33074,05396,341
2020-12-09$132.56$115.0029.4%8.5%22.1%14.0%32.0%2.9%0.5%14.3M-348.7M-2.3M0.4941.98N/AN/A8,7034,27675,82097,234
2020-12-10$134.78$115.0030.0%8.8%22.4%14.9%31.2%3.5%0.8%15.4M-413.5M-2.3M0.3342.63N/AN/A5,6801,87976,48298,638
2020-12-11$135.82$115.0029.1%8.6%22.1%13.5%32.6%0.3%1.0%17.5M-449.8M-2.3M0.5845.53N/AN/A4,8972,84177,81599,079
2020-12-14$137.56$115.0029.2%8.4%22.0%13.7%30.4%2.5%-0.1%13.3M-447.2M-2.3M0.2742.09N/AN/A10,8982,90473,98696,284
2020-12-15$140.38$115.0028.7%8.2%19.4%12.8%30.5%2.2%0.8%16.1M-558.9M-2.2M0.5034.30N/AN/A8,4314,17879,32797,740
2020-12-16$141.62$115.0028.9%8.3%19.2%13.2%29.9%2.4%0.2%16.4M-590.9M-2.3M0.3147.87N/AN/A7,5642,31179,87098,479
2020-12-17$139.86$115.0028.2%8.1%19.3%12.0%29.2%2.1%-0.4%16.5M-529.8M-2.3M0.5538.77N/AN/A4,6832,56680,29499,186
2020-12-18$141.84$115.0028.6%8.3%18.2%12.7%29.6%1.8%-1.5%15.5M-598.7M-2.2M0.4237.12N/AN/A6,7122,81080,582100,069
2020-12-21$140.49$115.0030.5%8.5%18.8%15.7%30.6%3.3%-0.1%11.8M-425.8M-2.2M0.7522.98N/AN/A3,7122,77567,53784,721
2020-12-22$139.56$115.0028.2%8.1%19.1%12.1%28.8%0.8%2.8%11.0M-405.3M-2.2M0.9423.79N/AN/A2,6642,49468,41886,352
2020-12-23$141.74$120.0028.7%7.8%17.6%11.9%28.8%2.7%1.5%14.0M-461.4M-2.2M0.3525.05N/AN/A4,9771,71868,87587,484
2020-12-24$141.42$120.0028.4%7.7%18.0%10.2%27.7%2.2%1.7%14.2M-459.6M-2.2M0.988.15N/AN/A1,6531,62370,36788,009
2020-12-28$140.48$120.0028.7%8.0%17.5%10.6%28.6%0.7%7.2%12.3M-409.1M-2.1M0.428.52N/AN/A4,1061,73767,61085,953
2020-12-29$140.86$120.0028.1%7.9%16.0%9.7%28.1%2.2%8.1%14.2M-411.1M-2.2M0.5410.70N/AN/A3,3501,81668,55886,591
2020-12-30$142.02$120.0028.2%7.9%15.8%9.8%28.3%3.2%6.4%17.6M-450.1M-2.1M0.3515.40N/AN/A4,5331,57770,11287,666
2020-12-31$143.60$120.0029.7%7.6%15.3%12.3%27.7%0.9%8.3%17.3M-495.6M-2.2M0.436.35N/AN/A5,0272,15471,64588,207