EA Options History — March 2023

In March 2023, EA traded between $109.05 and $119.93. ATM implied volatility averaged 21.8%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 4.4% (HV 20d: 17.4%). Max pain ranged from $115.00 to $115.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 1.87.

Notable Days

  • 2023-03-02: Highest Volume — 11,721 contracts
  • 2023-03-10: Largest IV spike — 8.0% change
  • 2023-03-15: Highest IV Rank — 19.0%
  • 2023-03-15: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$114.12$109.05$119.93$110.42$119.93
Max Pain$115.00$115.00$115.00$115.00$115.00
ATM IV21.8%19.9%24.7%21.4%20.2%
Expected Move6.2%5.3%7.2%6.0%5.7%
HV 20d17.4%13.2%37.9%37.9%18.6%
HV 60d26.1%25.6%26.9%25.8%26.3%
IV Rank7.1%0.0%19.0%0.6%1.5%
IV Percentile4.9%0.0%19.0%0.4%0.8%
Term Structure0.3%-1.1%0.9%-0.1%0.5%
VWIV21.7%18.9%25.1%20.6%20.5%
Skew 25d3.7%2.3%4.7%3.3%3.4%
Skew 10d7.7%5.1%9.7%6.8%7.6%
Call IV 25d20.2%18.5%22.9%19.9%18.5%
Put IV 25d23.9%21.4%27.1%23.2%21.9%
Bid-Ask Spread %14.698.0326.798.0323.63
Gamma HHI0.110.070.300.110.19
Net GEX2.5M-7.5M16.8M-1.7M13.1M
Net DEX21.5M-74.0M124.8M91.7M-74.0M
Net VEX-1.2M-1.4M-1.1M-1.1M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.870.149.561.320.42
Total Volume4,722.6521,77711,7216,0211,777
Total OI80,619.39165,68490,88983,94678,744

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$110.42$115.0021.4%6.0%37.9%0.6%20.6%3.3%-0.1%-1.7M91.7M-1.1M1.328.03N/AN/A2,5903,43145,70538,241
2023-03-02$112.44$115.0021.3%5.9%15.9%0.0%21.2%2.8%0.1%2.9M41.0M-1.1M0.389.38N/AN/A8,4983,22346,10238,222
2023-03-03$113.02$115.0019.9%5.3%16.1%0.0%18.9%2.5%0.4%16.8M19.0M-1.2M1.1812.50N/AN/A1,7782,09748,10740,788
2023-03-06$113.03$115.0020.2%5.8%15.2%1.1%20.6%3.2%0.3%1.0M35.3M-1.2M0.5412.49N/AN/A4,4582,39944,93038,880
2023-03-07$111.95$115.0020.6%6.2%14.2%2.9%19.8%2.3%0.4%1.5M54.1M-1.2M0.4510.94N/AN/A1,50967647,49538,700
2023-03-08$112.35$115.0020.6%6.1%13.2%2.8%20.1%2.9%0.5%2.6M46.1M-1.2M8.8011.39N/AN/A8007,04148,01538,916
2023-03-09$110.56$115.0021.8%6.4%13.9%7.7%21.2%3.1%0.1%-2.7M85.2M-1.1M3.298.67N/AN/A1,4424,74948,39339,044
2023-03-10$109.05$115.0023.6%6.8%14.5%14.6%25.1%3.1%0.2%-7.5M124.8M-1.2M3.7520.63N/AN/A1,4375,39549,18441,705
2023-03-13$110.27$115.0024.5%7.0%15.2%18.3%23.5%4.3%0.3%-5.6M107.4M-1.2M1.7524.08N/AN/A8171,43344,82842,057
2023-03-14$111.33$115.0023.0%6.7%15.0%12.4%22.8%3.7%0.6%-5.1M83.9M-1.2M1.6517.26N/AN/A1,2512,06745,04242,248
2023-03-15$111.05$115.0024.7%7.2%14.8%19.0%25.1%4.2%0.1%-5.6M85.1M-1.2M9.5626.79N/AN/A4334,13945,54741,531
2023-03-16$113.53$115.0022.9%6.4%16.8%12.0%22.1%4.0%-0.7%1.8M34.8M-1.2M0.9616.12N/AN/A1,6971,62445,68541,717
2023-03-17$113.33$115.0023.3%6.5%16.3%13.4%22.9%4.6%-1.1%-544.1K40.8M-1.2M0.2712.26N/AN/A4,3261,16746,17141,860
2023-03-20$113.38$115.0022.6%6.4%16.3%10.6%23.2%4.4%0.5%951.4K23.0M-1.3M0.6510.45N/AN/A1,8731,20932,25233,432
2023-03-21$114.91$115.0021.3%6.1%16.9%5.6%22.8%4.3%0.6%3.4M-3.4M-1.3M1.8410.40N/AN/A1,8143,33433,75134,401
2023-03-22$113.88$115.0021.1%6.0%17.2%4.9%22.7%4.3%0.7%2.8M15.8M-1.3M1.2214.31N/AN/A9411,14634,41836,446
2023-03-23$116.07$115.0022.7%6.5%18.0%11.3%21.9%4.7%-0.3%4.9M-19.4M-1.4M0.5311.23N/AN/A3,2531,73134,93637,388
2023-03-24$119.09$115.0022.2%6.3%19.1%9.1%21.2%3.9%0.8%5.1M-73.6M-1.4M0.1415.01N/AN/A7,7241,06736,05536,999
2023-03-27$118.98$115.0021.3%6.0%18.9%5.6%20.2%4.2%0.2%6.3M-57.6M-1.4M0.5415.25N/AN/A1,9701,07236,32835,866
2023-03-28$117.96$115.0021.2%6.1%19.2%5.2%20.4%3.9%0.8%5.8M-39.5M-1.4M0.2513.32N/AN/A2,27757437,10036,257
2023-03-29$119.12$115.0020.7%5.8%19.2%3.3%20.0%3.5%0.4%8.1M-63.8M-1.3M0.7315.76N/AN/A1,6121,17438,35236,411
2023-03-30$119.07$115.0020.5%5.8%18.5%2.5%23.1%4.0%0.9%8.3M-62.0M-1.4M2.8518.06N/AN/A9352,66139,00536,992
2023-03-31$119.93$115.0020.2%5.7%18.6%1.5%20.5%3.4%0.5%13.1M-74.0M-1.4M0.4223.63N/AN/A1,25052739,50939,235