EA Options History — July 2023

In July 2023, EA traded between $129.03 and $139.61. ATM implied volatility averaged 25.0%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 1.7% (HV 20d: 23.3%). Max pain ranged from $128.00 to $135.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.78.

Notable Days

  • 2023-07-11: Highest Volume — 9,047 contracts
  • 2023-07-12: Largest IV drop — 12.9% change
  • 2023-07-11: Highest IV Rank — 54.5%
  • 2023-07-31: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.69$129.03$139.61$130.85$135.93
Max Pain$131.80$128.00$135.00$128.00$135.00
ATM IV25.0%23.2%28.4%23.2%25.1%
Expected Move7.0%4.9%8.2%4.9%8.2%
HV 20d23.3%18.4%26.5%18.4%23.1%
HV 60d17.6%15.3%19.0%15.3%17.8%
IV Rank39.8%32.1%54.5%32.1%40.2%
IV Percentile42.3%29.8%62.3%29.8%45.6%
Term Structure-1.1%-2.0%-0.5%-1.3%-1.4%
VWIV24.2%17.2%27.9%17.2%27.9%
Skew 25d2.7%1.8%3.3%3.3%3.1%
Skew 10d5.5%3.5%7.6%7.4%5.4%
Call IV 25d24.1%22.9%26.8%23.6%23.3%
Put IV 25d26.7%25.5%29.1%26.8%26.5%
Bid-Ask Spread %36.1720.8259.9336.6120.82
Gamma HHI0.120.090.170.090.11
Net GEX8.3M-1.1M16.4M4.0M5.4M
Net DEX-159.8M-238.8M-32.6M-76.1M-125.0M
Net VEX-1.4M-1.5M-1.3M-1.5M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.172.112.110.99
Total Volume2,798.78679,0478673,881
Total OI79,803.7572,14986,68375,85576,394

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$130.85$128.0023.2%4.9%18.4%32.1%17.2%3.3%-1.3%4.0M-76.1M-1.5M2.1136.61N/AN/A27958831,94543,910
2023-07-05$129.88$128.0025.3%5.3%18.6%41.0%18.8%3.1%-1.4%2.0M-53.1M-1.5M0.9136.52N/AN/A1,2091,10532,04244,422
2023-07-06$130.45$130.0026.2%6.9%18.7%44.8%24.0%3.2%-1.3%3.4M-66.9M-1.5M0.4830.91N/AN/A1,28761732,67245,088
2023-07-07$129.03$130.0025.9%6.8%18.8%44.0%22.9%3.1%-2.0%-1.1M-32.6M-1.5M0.9037.77N/AN/A1,04793833,02545,701
2023-07-10$130.42$130.0026.6%7.2%18.9%46.8%24.5%3.1%-1.2%458.0K-58.2M-1.4M0.8330.93N/AN/A64153532,20845,679
2023-07-11$137.33$130.0028.4%7.8%25.7%54.5%26.6%2.4%-1.3%7.3M-191.2M-1.4M0.2459.81N/AN/A7,2801,76732,49346,033
2023-07-12$135.49$130.0024.8%6.7%26.4%38.9%22.9%2.5%-1.5%13.3M-191.3M-1.4M0.3559.93N/AN/A1,88266236,91647,152
2023-07-13$136.98$130.0024.4%6.9%26.4%37.5%23.1%1.8%-0.5%12.3M-222.7M-1.4M0.5147.52N/AN/A1,64182936,74047,462
2023-07-14$137.17$130.0024.4%6.8%26.5%37.2%23.9%2.1%-0.6%16.4M-238.8M-1.3M0.8447.42N/AN/A83270337,91247,896
2023-07-17$138.58$130.0024.5%6.9%26.4%37.7%24.6%2.6%-0.6%11.1M-232.5M-1.3M0.2046.36N/AN/A3,43067135,48847,291
2023-07-18$138.69$130.0024.2%6.9%26.4%36.6%25.0%2.9%-0.8%12.0M-238.1M-1.3M0.5635.13N/AN/A84047336,71047,780
2023-07-19$137.55$130.0024.5%7.0%25.7%37.8%24.9%2.9%-0.9%12.1M-209.0M-1.4M0.9638.24N/AN/A69766636,90548,033
2023-07-20$136.79$135.0025.4%7.3%24.9%41.5%25.4%2.4%-1.5%12.1M-190.5M-1.4M0.1735.11N/AN/A2,80048337,25848,391
2023-07-21$137.30$135.0025.3%7.4%24.9%41.1%24.9%2.7%-1.9%12.0M-213.6M-1.3M0.6442.89N/AN/A1,08969537,98548,698
2023-07-24$137.75$135.0024.9%7.5%24.6%39.4%26.6%2.6%-0.5%7.3M-155.2M-1.4M1.3021.40N/AN/A41153332,34339,806
2023-07-25$139.61$135.0024.8%7.5%24.6%39.1%26.0%2.3%-0.8%8.6M-190.0M-1.3M0.5024.80N/AN/A3,1031,54232,57040,087
2023-07-26$138.66$135.0023.9%7.3%22.1%35.4%25.4%2.6%-1.1%10.7M-186.3M-1.3M0.8126.93N/AN/A86569934,91240,845
2023-07-27$137.25$135.0024.0%7.3%22.3%35.6%25.1%2.5%-0.9%8.1M-150.4M-1.4M1.3622.57N/AN/A2,1042,86035,01041,349
2023-07-28$138.02$135.0023.9%7.3%22.3%35.4%25.3%2.2%-0.9%7.7M-173.6M-1.4M0.9321.79N/AN/A2,2212,06936,27542,649
2023-07-31$135.93$135.0025.1%8.2%23.1%40.2%27.9%3.1%-1.4%5.4M-125.0M-1.5M0.9920.82N/AN/A1,9511,93034,75741,637