EA Options History — January 2023

In January 2023, EA traded between $122.60 and $129.27. ATM implied volatility averaged 31.4%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 15.3% (HV 20d: 16.1%). Max pain ranged from $120.00 to $125.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 1.90.

Notable Days

  • 2023-01-31: Highest Volume — 21,363 contracts
  • 2023-01-31: Largest IV drop — 6.2% change
  • 2023-01-11: Highest IV Rank — 49.0%
  • 2023-01-30: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$125.82$122.60$129.27$122.60$128.71
Max Pain$122.50$120.00$125.00$125.00$120.00
ATM IV31.4%28.4%33.4%32.5%28.4%
Expected Move9.0%7.3%10.1%7.6%9.4%
HV 20d16.1%12.2%19.0%18.4%12.2%
HV 60d20.3%19.5%20.8%20.8%19.5%
IV Rank40.4%27.4%49.0%45.1%27.4%
IV Percentile45.3%28.6%60.3%52.8%28.6%
Term Structure-1.3%-2.2%-0.3%-1.3%-1.2%
VWIV32.1%25.9%35.7%25.9%32.9%
Skew 25d3.9%3.1%4.7%4.1%4.1%
Skew 10d8.1%6.1%9.5%9.0%9.0%
Call IV 25d30.3%26.9%32.4%31.9%26.9%
Put IV 25d34.2%31.0%36.1%36.0%31.0%
Bid-Ask Spread %16.108.2427.3612.8811.06
Gamma HHI0.100.080.160.110.11
Net GEX-2.1M-10.8M4.8M-4.1M3.5M
Net DEX9.8M-84.0M99.1M83.3M-43.0M
Net VEX-1.4M-1.4M-1.2M-1.4M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.900.434.440.430.91
Total Volume5,833.61,78321,3631,85821,363
Total OI101,475.6572,063129,011102,58874,144

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$122.60$125.0032.5%7.6%18.4%45.1%25.9%4.1%-1.3%-4.1M83.3M-1.4M0.4312.88N/AN/A1,29656247,56055,028
2023-01-04$124.32$125.0033.1%7.3%19.0%47.6%26.1%3.1%-1.4%-2.0M46.5M-1.4M1.6411.51N/AN/A1,2902,11948,41655,366
2023-01-05$124.58$125.0032.9%9.0%17.6%46.5%31.3%4.0%-0.7%-1.9M45.6M-1.4M2.6216.78N/AN/A5471,43348,71956,746
2023-01-06$124.39$125.0031.7%8.7%17.1%41.6%30.1%3.6%-0.7%-3.1M53.7M-1.4M1.6826.88N/AN/A1,4722,46749,14057,671
2023-01-09$124.57$125.0032.6%9.0%17.1%45.5%31.5%3.2%-0.7%-4.3M55.3M-1.4M1.0314.31N/AN/A1,9441,99649,25158,363
2023-01-10$123.78$125.0032.4%8.9%17.0%44.3%31.7%3.2%-1.0%-5.8M77.8M-1.4M1.1318.34N/AN/A3,2473,67150,23559,706
2023-01-11$125.56$125.0033.4%9.2%17.8%49.0%33.1%3.8%-1.1%152.4K6.5M-1.4M3.9525.54N/AN/A2,2128,74553,02759,813
2023-01-12$125.95$125.0032.9%9.1%17.7%46.5%35.4%4.1%-1.1%-3.3M-35.1K-1.4M3.0815.75N/AN/A1,4104,34853,95265,086
2023-01-13$125.59$125.0031.8%8.8%17.4%42.0%30.3%3.9%-1.7%-8.6M14.9M-1.4M3.7115.22N/AN/A9533,53354,79967,710
2023-01-17$123.70$125.0031.7%9.0%15.6%41.4%35.7%4.3%-0.3%-10.1M99.1M-1.3M0.4927.36N/AN/A6,1233,02353,90966,307
2023-01-18$123.81$120.0031.9%9.2%15.6%42.5%31.8%4.2%-1.2%-10.8M83.3M-1.4M2.8626.77N/AN/A1,5004,29758,87468,619
2023-01-19$123.88$120.0031.0%9.0%15.4%38.4%31.2%4.3%-1.3%-9.5M76.1M-1.4M1.1220.53N/AN/A84194259,62368,696
2023-01-20$125.75$120.0030.7%9.0%16.1%37.1%31.2%4.7%-2.1%2.0M-42.1M-1.4M0.779.35N/AN/A4,7493,66159,86669,145
2023-01-23$127.22$120.0030.7%9.3%15.9%37.2%31.8%4.0%-1.8%3.2M-48.7M-1.3M2.569.68N/AN/A2,2655,80736,24639,069
2023-01-24$127.22$120.0030.3%9.4%15.1%35.5%33.8%3.9%-1.3%1.8M-44.6M-1.3M0.4816.10N/AN/A1,72682236,85240,991
2023-01-25$127.47$120.0030.5%9.5%15.1%36.5%34.8%3.9%-1.7%1.3M-48.8M-1.2M1.5110.97N/AN/A1,1541,74136,21040,993
2023-01-26$129.04$120.0030.2%9.4%15.3%34.8%34.1%3.8%-2.2%2.2M-84.0M-1.3M4.4411.47N/AN/A9414,18136,61041,458
2023-01-27$129.02$120.0029.6%9.5%14.3%32.5%33.3%3.6%-1.6%4.8M-83.3M-1.3M2.9713.31N/AN/A1,3844,11536,86842,382
2023-01-30$129.27$120.0030.3%10.1%12.2%35.5%35.7%4.6%-1.3%3.3M-51.8M-1.2M0.558.24N/AN/A1,79999334,03238,031
2023-01-31$128.71$120.0028.4%9.4%12.2%27.4%32.9%4.1%-1.2%3.5M-43.0M-1.2M0.9111.06N/AN/A11,20710,15635,41438,730