EA Options History — March 2022

In March 2022, EA traded between $119.39 and $129.52. ATM implied volatility averaged 31.8%, placing in the 52.5% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 9.8% (HV 20d: 21.9%). Max pain ranged from $115.00 to $140.00. Net GEX was positive for 6 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 1.15.

Notable Days

2022-03-30: Highest Volume — 11,998 contracts
2022-03-16: Largest IV drop — 7.0% change
2022-03-08: Highest IV Rank — 77.4%
2022-03-08: Largest Expected Move — 12.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$125.57	$119.39	$129.52	$128.03	$127.17
Max Pain	$129.77	$115.00	$140.00	$135.00	$125.00
ATM IV	31.8%	25.4%	38.0%	34.4%	25.4%
Expected Move	9.9%	8.7%	12.0%	10.6%	8.8%
HV 20d	21.9%	16.5%	27.9%	27.9%	23.2%
HV 60d	26.2%	25.2%	27.1%	25.3%	26.5%
IV Rank	52.5%	26.9%	77.4%	62.9%	26.9%
IV Percentile	64.0%	26.6%	96.4%	85.7%	26.6%
Term Structure	-0.3%	-2.1%	1.1%	0.5%	-0.4%
VWIV	36.2%	31.2%	43.5%	37.3%	33.3%
Skew 25d	2.2%	0.5%	5.5%	2.4%	0.7%
Skew 10d	3.5%	-3.9%	9.0%	5.7%	0.6%
Call IV 25d	32.0%	26.3%	38.5%	34.5%	26.3%
Put IV 25d	34.2%	27.0%	40.1%	37.0%	27.0%
Bid-Ask Spread %	30.34	17.84	50.76	39.73	35.86
Gamma HHI	0.10	0.07	0.21	0.09	0.07
Net GEX	-2.2M	-6.6M	2.0M	-1.8M	683.1K
Net DEX	77.8M	8.5M	173.2M	65.5M	18.1M
Net VEX	-1.7M	-1.8M	-1.5M	-1.8M	-1.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.15	0.38	2.43	0.75	0.56
Total Volume	7,405.652	4,913	11,998	6,054	9,314
Total OI	86,859.87	68,981	96,731	89,889	84,297

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$128.03	$135.00	34.4%	10.6%	27.9%	62.9%	37.3%	2.4%	0.5%	-1.8M	65.5M	-1.8M	0.75	39.73	N/A	N/A	3,469	2,585	43,157	46,732
2022-03-02	$129.52	$135.00	33.2%	9.9%	27.0%	58.3%	35.2%	3.8%	0.2%	-888.6K	44.1M	-1.8M	1.00	20.61	N/A	N/A	2,621	2,612	43,901	46,894
2022-03-03	$127.62	$135.00	34.0%	9.9%	16.9%	61.3%	36.0%	2.7%	-0.8%	-2.7M	72.8M	-1.7M	0.90	17.84	N/A	N/A	2,580	2,333	43,997	47,028
2022-03-04	$126.50	$135.00	35.9%	10.6%	16.8%	68.9%	37.9%	2.3%	-0.3%	-3.8M	88.7M	-1.7M	0.71	33.46	N/A	N/A	4,355	3,111	44,079	47,246
2022-03-07	$126.04	$134.00	37.6%	11.6%	16.5%	76.1%	41.4%	1.6%	-0.2%	-2.7M	84.8M	-1.7M	1.39	33.43	N/A	N/A	2,548	3,532	43,786	46,583
2022-03-08	$123.12	$131.00	38.0%	12.0%	17.7%	77.4%	43.5%	1.7%	-1.3%	-4.1M	122.0M	-1.7M	0.90	30.25	N/A	N/A	3,362	3,017	44,517	46,828
2022-03-09	$125.59	$130.00	35.3%	10.9%	19.3%	66.8%	40.0%	5.5%	-1.2%	-3.2M	95.3M	-1.7M	0.76	37.25	N/A	N/A	3,906	2,980	45,082	46,801
2022-03-10	$123.78	$130.00	34.8%	10.7%	19.0%	64.7%	38.2%	3.9%	-1.0%	-4.8M	120.6M	-1.6M	2.10	23.51	N/A	N/A	2,224	4,662	46,011	47,059
2022-03-11	$122.55	$130.00	34.7%	10.2%	19.1%	64.2%	37.6%	3.3%	-2.1%	-4.8M	140.7M	-1.6M	2.10	38.68	N/A	N/A	2,371	4,984	46,207	48,512
2022-03-14	$119.39	$140.00	36.1%	10.3%	20.5%	70.1%	42.2%	4.6%	-0.9%	-5.3M	173.2M	-1.5M	2.43	20.25	N/A	N/A	2,468	5,988	45,330	47,384
2022-03-15	$120.70	$140.00	35.3%	10.1%	21.4%	66.7%	37.6%	3.3%	-0.8%	-5.3M	162.3M	-1.6M	1.94	20.91	N/A	N/A	2,288	4,442	45,760	48,370
2022-03-16	$123.24	$140.00	32.8%	9.8%	22.8%	56.7%	35.6%	2.8%	0.5%	-6.0M	139.8M	-1.6M	1.24	34.22	N/A	N/A	3,046	3,777	46,087	48,813
2022-03-17	$124.92	$0.00	31.8%	9.7%	23.7%	52.6%	33.8%	2.0%	-0.5%	-6.6M	117.0M	-1.6M	1.44	50.76	N/A	N/A	2,774	4,003	46,379	48,993
2022-03-18	$125.84	$115.00	30.0%	9.3%	22.5%	45.2%	33.6%	2.2%	-0.2%	-2.0M	94.7M	-1.6M	0.83	29.74	N/A	N/A	4,620	3,832	47,274	49,457
2022-03-21	$125.16	$125.00	29.8%	9.4%	22.5%	44.8%	35.5%	1.9%	1.1%	-802.6K	48.8M	-1.7M	0.83	28.92	N/A	N/A	3,235	2,676	32,757	36,224
2022-03-22	$127.80	$125.00	28.6%	9.1%	23.0%	39.6%	34.3%	0.5%	-0.3%	673.2K	21.1M	-1.7M	0.94	27.22	N/A	N/A	2,653	2,489	34,778	37,208
2022-03-23	$125.15	$125.00	28.7%	9.2%	24.2%	40.3%	34.2%	0.6%	-0.0%	-953.3K	52.5M	-1.7M	0.72	27.63	N/A	N/A	6,542	4,731	35,993	38,055
2022-03-24	$125.22	$125.00	27.6%	9.1%	24.1%	35.8%	35.2%	1.3%	-0.2%	165.2K	47.5M	-1.7M	1.11	27.37	N/A	N/A	3,892	4,324	40,173	38,936
2022-03-25	$126.88	$125.00	27.4%	9.1%	24.4%	35.0%	33.3%	0.7%	0.9%	-112.4K	28.7M	-1.7M	1.02	28.83	N/A	N/A	4,735	4,820	41,112	39,168
2022-03-28	$127.80	$125.00	27.6%	9.0%	24.3%	35.8%	32.7%	1.1%	0.5%	1.1M	18.1M	-1.7M	1.21	29.92	N/A	N/A	3,234	3,920	39,878	39,091
2022-03-29	$128.60	$125.00	26.1%	8.7%	24.0%	29.7%	31.2%	1.2%	0.0%	2.0M	8.5M	-1.7M	1.16	29.23	N/A	N/A	3,375	3,902	40,885	39,442
2022-03-30	$127.49	$125.00	25.7%	8.8%	23.8%	28.1%	33.1%	0.9%	0.1%	622.1K	25.4M	-1.7M	0.38	32.28	N/A	N/A	8,690	3,308	41,475	40,038
2022-03-31	$127.17	$125.00	25.4%	8.8%	23.2%	26.9%	33.3%	0.7%	-0.4%	683.1K	18.1M	-1.8M	0.56	35.86	N/A	N/A	5,959	3,355	44,130	40,167