EA Options History — April 2023

In April 2023, EA traded between $121.43 and $129.39. ATM implied volatility averaged 27.3%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 9.6% (HV 20d: 17.7%). Max pain ranged from $115.00 to $125.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.03.

Notable Days

  • 2023-04-04: Highest Volume — 14,394 contracts
  • 2023-04-10: Largest IV spike — 24.3% change
  • 2023-04-26: Highest IV Rank — 41.7%
  • 2023-04-26: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$126.93$121.43$129.39$121.43$127.07
Max Pain$121.32$115.00$125.00$115.00$125.00
ATM IV27.3%20.5%30.4%20.5%28.2%
Expected Move8.0%5.6%9.5%5.6%9.0%
HV 20d17.7%13.9%20.2%18.8%19.3%
HV 60d26.5%18.0%27.8%26.4%18.0%
IV Rank29.4%2.6%41.7%2.6%33.0%
IV Percentile37.6%1.6%55.6%1.6%44.0%
Term Structure0.5%-2.7%7.6%6.2%-2.3%
VWIV28.7%20.2%34.9%20.2%29.6%
Skew 25d5.1%3.1%6.7%4.4%6.2%
Skew 10d10.9%6.5%14.6%9.8%12.0%
Call IV 25d25.7%18.8%28.9%18.8%26.4%
Put IV 25d30.8%23.2%35.3%23.2%32.6%
Bid-Ask Spread %28.0818.8947.8027.5123.84
Gamma HHI0.120.070.330.100.10
Net GEX8.3M-3.5M21.4M7.9M-3.5M
Net DEX-137.0M-191.5M-6.3M-90.9M-39.0M
Net VEX-1.5M-1.5M-1.4M-1.4M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.192.670.270.93
Total Volume4,948.0531,84914,3944,2592,020
Total OI88,234.57975,88599,46775,88594,264

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$121.43$115.0020.5%5.6%18.8%2.6%20.2%4.4%6.2%7.9M-90.9M-1.4M0.2727.51N/AN/A3,35090937,57138,314
2023-04-04$125.04$115.0022.1%6.2%20.2%8.7%21.9%3.5%6.7%7.6M-157.6M-1.4M0.1933.60N/AN/A12,1422,25238,20439,448
2023-04-05$126.09$115.0021.8%6.0%20.2%7.6%22.5%3.8%7.6%17.2M-191.5M-1.4M1.0547.80N/AN/A2,2432,34643,68840,266
2023-04-06$125.03$115.0023.1%8.2%19.3%12.8%26.6%3.1%7.6%21.4M-164.9M-1.4M0.5239.65N/AN/A2,0101,05144,99741,413
2023-04-10$125.56$120.0028.7%8.4%17.8%35.0%30.1%4.8%-1.0%7.8M-127.7M-1.4M1.7141.09N/AN/A1,4242,43240,48341,112
2023-04-11$125.74$120.0029.4%8.4%17.9%37.6%28.3%5.0%-1.1%7.4M-132.9M-1.4M0.9918.89N/AN/A92992040,90442,722
2023-04-12$126.25$120.0029.9%8.4%17.9%39.8%30.5%5.1%-0.5%7.9M-143.3M-1.4M1.1626.60N/AN/A1,9102,22141,33043,100
2023-04-13$128.23$120.0030.4%8.2%17.8%41.6%28.3%5.0%-2.0%10.2M-181.2M-1.4M0.4922.09N/AN/A3,6791,81942,35344,994
2023-04-14$127.97$125.0029.0%7.7%17.2%36.2%28.3%4.8%-2.7%8.4M-177.9M-1.4M0.9831.38N/AN/A2,5512,49943,12446,229
2023-04-17$128.09$125.0028.0%7.7%17.1%31.9%28.5%6.6%-0.1%6.4M-157.1M-1.4M1.6420.55N/AN/A1,0941,79040,82646,613
2023-04-18$129.15$125.0029.1%8.3%16.9%36.6%27.9%5.5%-0.9%7.0M-177.9M-1.4M0.3221.13N/AN/A5,9531,89441,20648,043
2023-04-19$128.19$125.0027.1%7.8%17.4%28.5%27.6%5.4%-0.2%10.7M-178.1M-1.5M2.6734.91N/AN/A1,2833,42945,87549,151
2023-04-20$128.73$125.0027.6%8.0%16.6%30.7%32.0%4.7%-1.1%10.8M-185.6M-1.5M1.2027.91N/AN/A1,7752,12546,14850,634
2023-04-21$128.94$120.0027.4%7.9%15.9%29.6%29.6%5.7%-0.4%10.6M-186.6M-1.5M0.7131.71N/AN/A1,6121,14447,30352,164
2023-04-24$129.25$120.0028.1%8.5%14.0%32.4%31.9%5.3%-2.3%8.8M-128.3M-1.5M1.1220.59N/AN/A3,2103,60440,59145,607
2023-04-25$129.39$125.0029.7%9.2%13.9%38.8%34.7%5.6%-2.5%8.5M-134.7M-1.5M1.4219.45N/AN/A1,0031,42242,99448,085
2023-04-26$124.97$125.0030.4%9.5%19.2%41.7%34.9%6.7%-0.9%126.9K-6.3M-1.5M1.1222.25N/AN/A5,6086,28143,64548,970
2023-04-27$126.63$125.0028.2%9.1%19.4%33.0%32.8%6.5%-1.3%1.8M-41.8M-1.5M1.0222.53N/AN/A1,0271,05242,98851,098
2023-04-28$127.07$125.0028.2%9.0%19.3%33.0%29.6%6.2%-2.3%-3.5M-39.0M-1.5M0.9323.84N/AN/A1,04697443,15851,106