EA Options History — March 2021

In March 2021, EA traded between $128.06 and $137.32. ATM implied volatility averaged 29.7%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 2.3% (HV 20d: 27.4%). Max pain ranged from $133.00 to $140.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.84.

Notable Days

  • 2021-03-24: Highest Volume — 10,261 contracts
  • 2021-03-03: Largest IV spike — 19.4% change
  • 2021-03-03: Highest IV Rank — 19.3%
  • 2021-03-03: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$131.97$128.06$137.32$137.29$135.85
Max Pain$136.65$133.00$140.00$138.00$133.00
ATM IV29.7%26.2%37.1%30.5%26.2%
Expected Move8.3%7.1%9.3%8.4%7.1%
HV 20d27.4%24.5%35.2%35.2%24.5%
HV 60d28.8%27.3%29.7%27.5%29.0%
IV Rank6.8%0.8%19.3%7.8%0.8%
IV Percentile19.4%0.4%58.7%28.6%0.4%
Term Structure0.4%-1.9%4.2%1.1%0.3%
VWIV29.6%25.6%33.6%30.9%25.6%
Skew 25d1.5%-5.2%5.9%3.5%-0.4%
Skew 10d4.6%-1.7%15.0%-1.4%1.6%
Call IV 25d29.7%25.4%34.3%32.8%26.2%
Put IV 25d31.2%25.7%36.3%36.3%25.9%
Bid-Ask Spread %47.8614.8070.5541.8914.80
Gamma HHI0.060.050.070.060.05
Net GEX-158.4K-4.1M5.8M1.7M5.8M
Net DEX16.3M-111.8M100.2M-54.8M-111.8M
Net VEX-2.4M-2.6M-2.3M-2.5M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.191.890.590.44
Total Volume4,366.9131,73810,2614,6794,660
Total OI109,577.26188,745122,828110,191100,628

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$137.29$138.0030.5%8.4%35.2%7.8%30.9%3.5%1.1%1.7M-54.8M-2.5M0.5941.89N/AN/A2,9411,73854,72855,463
2021-03-02$137.32$140.0031.1%8.5%34.1%8.8%31.1%-0.7%4.2%2.4M-59.3M-2.6M0.4746.33N/AN/A2,5101,18556,82357,054
2021-03-03$133.32$140.0037.1%9.3%33.9%19.3%33.6%2.0%-0.9%-98.6K21.5M-2.5M1.1942.33N/AN/A1,7902,12558,05557,813
2021-03-04$131.48$140.0033.8%9.3%27.6%13.5%33.2%4.8%2.1%-1.2M62.6M-2.5M1.3463.30N/AN/A2,1032,82457,92358,505
2021-03-05$132.49$140.0032.1%9.2%27.2%10.6%31.1%-0.1%-0.1%-2.2M52.3M-2.5M1.3558.88N/AN/A1,8632,52058,17459,476
2021-03-08$128.06$140.0035.4%9.3%27.3%16.4%32.3%0.3%-1.9%-2.1M100.2M-2.3M0.6053.67N/AN/A2,5541,52056,52757,693
2021-03-09$131.16$140.0032.2%8.8%29.1%10.9%30.5%5.9%-1.8%-457.7K50.0M-2.4M0.4158.44N/AN/A2,43899457,68858,243
2021-03-10$130.29$140.0030.9%8.7%26.4%8.5%32.5%1.0%-0.3%-633.8K67.5M-2.4M0.6259.27N/AN/A1,45790558,91958,595
2021-03-11$131.79$140.0029.8%8.5%26.9%6.6%30.2%2.5%0.2%924.6K32.5M-2.4M0.9361.54N/AN/A1,7091,58659,57658,919
2021-03-12$130.80$135.0029.8%8.5%25.2%6.7%30.7%1.8%0.1%-470.6K57.2M-2.4M1.5460.90N/AN/A6841,05460,34059,462
2021-03-15$130.21$135.0029.3%8.4%25.1%5.7%30.1%2.5%0.6%-2.1M61.2M-2.3M1.4260.06N/AN/A1,4662,08157,69558,164
2021-03-16$131.96$140.0028.3%8.2%26.0%4.0%28.6%2.4%1.8%-553.6K27.9M-2.4M0.7056.00N/AN/A2,2101,55558,38459,620
2021-03-17$129.96$135.0028.4%8.1%26.1%4.2%29.6%2.3%-0.0%-2.8M69.8M-2.3M0.7770.55N/AN/A2,0061,54459,37460,410
2021-03-18$128.25$135.0029.2%8.4%25.4%5.6%29.8%2.3%0.2%-4.1M95.6M-2.3M0.4464.41N/AN/A3,6381,60160,10760,830
2021-03-19$129.04$135.0028.2%8.0%25.8%4.7%29.7%1.4%1.2%-2.9M86.5M-2.3M1.8945.21N/AN/A1,6123,05161,47361,355
2021-03-22$131.53$135.0026.7%7.4%26.3%1.4%26.6%-5.2%0.7%-311.5K-1.8M-2.3M0.4641.30N/AN/A3,7451,73742,37446,371
2021-03-23$133.02$135.0026.8%7.5%26.8%2.1%26.6%2.0%-0.2%678.5K-24.2M-2.4M0.7439.09N/AN/A2,8512,10343,16447,196
2021-03-24$130.29$135.0028.9%7.8%26.4%8.1%27.6%1.2%0.9%-511.0K14.9M-2.4M0.1933.89N/AN/A8,6061,65544,87447,906
2021-03-25$130.20$133.0026.8%7.8%25.7%2.3%28.6%1.2%0.1%-927.7K13.1M-2.5M1.1637.41N/AN/A1,4241,64647,05049,407
2021-03-26$132.01$133.0027.9%7.7%26.3%5.3%27.3%1.2%1.0%-831.7K-25.2M-2.5M0.5131.16N/AN/A4,0812,08947,73849,734
2021-03-29$134.78$133.0026.7%7.6%26.4%2.3%27.7%3.3%-0.3%3.1M-84.9M-2.6M0.7338.90N/AN/A3,4632,53648,48748,446
2021-03-30$134.29$133.0026.4%7.6%26.4%1.6%26.9%0.4%0.5%3.8M-75.2M-2.6M0.7721.49N/AN/A1,4571,12249,92349,591
2021-03-31$135.85$133.0026.2%7.1%24.5%0.8%25.6%-0.4%0.3%5.8M-111.8M-2.5M0.4414.80N/AN/A3,2321,42850,64749,981