EA Options History — May 2023

In May 2023, EA traded between $124.05 and $128.13. ATM implied volatility averaged 22.5%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 6.9% (HV 20d: 15.6%). Max pain ranged from $120.00 to $125.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.92.

Notable Days

  • 2023-05-09: Highest Volume — 27,038 contracts
  • 2023-05-10: Largest IV drop — 32.4% change
  • 2023-05-03: Highest IV Rank — 39.5%
  • 2023-05-03: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$125.68$124.05$128.13$127.36$128.13
Max Pain$124.77$120.00$125.00$125.00$125.00
ATM IV22.5%18.9%29.9%27.8%20.0%
Expected Move6.6%5.4%10.4%9.2%5.8%
HV 20d15.6%10.2%19.4%19.3%10.7%
HV 60d17.1%16.5%18.0%18.0%16.6%
IV Rank12.8%0.0%39.5%31.3%5.3%
IV Percentile16.8%0.0%53.2%41.7%6.0%
Term Structure-0.3%-2.2%0.7%-1.1%0.2%
VWIV23.8%18.6%36.5%34.9%20.5%
Skew 25d4.1%3.3%5.6%5.0%4.2%
Skew 10d8.5%6.7%11.2%11.2%9.0%
Call IV 25d20.8%16.9%28.0%25.5%18.5%
Put IV 25d24.9%20.5%33.3%30.5%22.7%
Bid-Ask Spread %17.567.2331.6119.6526.37
Gamma HHI0.110.060.370.070.14
Net GEX2.0M-3.9M20.6M-271.0K4.7M
Net DEX-37.5M-90.6M12.0M-55.8M-90.6M
Net VEX-1.6M-1.6M-1.5M-1.5M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.212.881.240.30
Total Volume4,987.77373427,0381,1251,980
Total OI100,488.59186,002128,78386,00293,948

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$127.36$125.0027.8%9.2%19.3%31.3%34.9%5.0%-1.1%-271.0K-55.8M-1.5M1.2419.65N/AN/A50262337,80448,198
2023-05-02$126.16$125.0028.6%9.5%19.4%34.7%34.7%5.0%-1.7%-2.0M-30.4M-1.5M2.0220.38N/AN/A5851,17938,09048,468
2023-05-03$125.25$125.0029.9%10.4%16.8%39.5%36.5%5.4%-1.6%-2.9M-17.1M-1.5M2.8821.63N/AN/A3481,00238,26048,746
2023-05-04$124.05$120.0029.8%7.8%16.8%39.4%29.4%5.3%-2.2%-3.9M8.2M-1.5M1.8931.61N/AN/A3,9297,40738,34948,628
2023-05-05$125.44$125.0028.7%7.8%17.1%35.1%26.8%5.6%-1.5%676.5K-20.8M-1.6M0.7119.59N/AN/A11,4748,17341,34054,793
2023-05-08$125.97$125.0028.8%8.2%17.1%35.4%29.0%5.1%-0.1%3.8M-52.5M-1.6M0.8815.08N/AN/A2,0751,82048,02257,117
2023-05-09$125.71$125.0029.0%8.2%17.1%36.1%30.0%4.4%-0.1%3.9M-58.8M-1.6M1.7527.32N/AN/A9,83217,20649,48358,206
2023-05-10$124.42$125.0019.6%5.7%17.4%0.0%20.0%3.7%0.5%-1.2M12.0M-1.6M0.4018.61N/AN/A10,3794,19455,95670,292
2023-05-11$125.32$125.0019.3%5.5%16.6%0.0%19.2%3.5%-0.1%3.4M-35.7M-1.6M1.697.23N/AN/A1,3622,29557,89569,764
2023-05-12$125.10$125.0019.5%5.6%16.6%0.8%19.8%3.5%0.3%20.6M-28.2M-1.6M0.609.26N/AN/A3,0581,84757,68671,097
2023-05-15$124.78$125.0019.5%5.6%16.5%0.8%19.5%3.5%0.2%1.1M-28.0M-1.6M0.2215.70N/AN/A1,77038444,69956,979
2023-05-16$125.33$125.0019.7%5.7%16.3%1.8%20.6%3.6%-0.5%2.7M-41.3M-1.6M0.4812.30N/AN/A1,62478345,44656,935
2023-05-17$124.94$125.0019.4%5.6%16.2%0.4%19.9%3.7%-0.2%1.8M-33.4M-1.6M0.6919.22N/AN/A90262446,46457,396
2023-05-18$126.17$125.0018.9%5.4%16.5%0.0%20.8%3.4%-0.6%3.8M-63.9M-1.6M1.038.16N/AN/A96699446,99757,764
2023-05-19$125.80$125.0019.3%5.6%16.5%1.8%18.6%3.6%-0.5%3.4M-55.9M-1.6M0.2212.33N/AN/A2,65658047,26458,243
2023-05-22$124.89$125.0019.1%5.5%16.6%0.9%19.9%3.4%0.3%-712.6K-19.6M-1.6M0.8414.85N/AN/A39833639,24852,822
2023-05-23$125.47$125.0019.0%5.6%16.7%0.5%19.7%3.7%0.7%-496.1K-27.9M-1.6M0.2712.55N/AN/A1,34936939,31352,995
2023-05-24$125.40$125.0019.9%6.0%11.2%4.9%20.4%3.8%0.3%-35.1K-28.5M-1.6M1.3212.88N/AN/A36548240,51453,264
2023-05-25$125.75$125.0019.9%5.8%10.2%4.9%21.2%3.5%-0.1%160.5K-34.2M-1.6M0.2118.36N/AN/A85017540,69753,569
2023-05-26$126.82$125.0019.4%5.7%10.6%2.4%20.6%3.3%0.6%3.1M-61.2M-1.6M0.2722.15N/AN/A1,02227441,06153,618
2023-05-30$126.66$125.0019.9%6.0%10.5%5.1%21.6%4.1%-0.5%2.8M-61.3M-1.5M0.3721.02N/AN/A1,14041840,38852,931
2023-05-31$128.13$125.0020.0%5.8%10.7%5.3%20.5%4.2%0.2%4.7M-90.6M-1.5M0.3026.37N/AN/A1,51946140,50553,443