EA Options History — September 2023

In September 2023, EA traded between $117.74 and $123.36. ATM implied volatility averaged 18.2%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 4.6% (HV 20d: 13.6%). Max pain ranged from $120.00 to $124.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 1.05.

Notable Days

  • 2023-09-05: Highest Volume — 4,843 contracts
  • 2023-09-21: Largest IV spike — 11.1% change
  • 2023-09-29: Highest IV Rank — 27.9%
  • 2023-09-26: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$120.56$117.74$123.36$120.72$120.33
Max Pain$120.20$120.00$124.00$124.00$120.00
ATM IV18.2%15.8%22.2%16.8%22.2%
Expected Move5.2%4.4%6.0%4.4%5.7%
HV 20d13.6%12.4%15.2%13.2%15.2%
HV 60d24.9%24.2%25.4%25.2%24.4%
IV Rank11.0%0.9%27.9%4.9%27.9%
IV Percentile14.5%0.8%39.7%5.2%39.7%
Term Structure1.7%-0.5%7.1%0.8%7.1%
VWIV17.9%15.7%20.6%15.7%19.4%
Skew 25d2.5%2.2%2.9%2.3%2.6%
Skew 10d5.3%4.2%5.9%5.4%5.4%
Call IV 25d17.0%14.9%19.5%15.8%18.4%
Put IV 25d19.5%17.1%22.4%18.2%21.0%
Bid-Ask Spread %25.0617.2332.8724.4732.87
Gamma HHI0.080.060.170.060.07
Net GEX534.5K-5.5M7.7M2.4M-965.1K
Net DEX32.3M-12.5M79.5M19.2M38.9M
Net VEX-1.5M-1.6M-1.5M-1.6M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.242.880.630.88
Total Volume1,936.89904,8431,6761,388
Total OI84,867.3572,05195,68493,18176,983

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$120.72$124.0016.8%4.4%13.2%4.9%15.7%2.3%0.8%2.4M19.2M-1.6M0.6324.47N/AN/A1,02964744,15349,028
2023-09-05$121.74$120.0017.1%5.2%12.7%6.4%18.4%2.3%-0.1%4.2M1.4M-1.5M2.8027.57N/AN/A1,2763,56742,83048,390
2023-09-06$120.75$120.0017.8%5.2%12.4%9.3%18.4%2.6%0.0%1.2M25.0M-1.6M0.8222.20N/AN/A1,03484743,40651,046
2023-09-07$121.22$120.0017.7%5.2%12.4%8.9%18.1%2.6%-0.2%3.1M15.4M-1.6M2.8825.24N/AN/A25874344,00451,524
2023-09-08$121.87$120.0016.8%5.0%12.5%5.2%17.2%2.4%0.1%4.4M4.8M-1.6M0.4124.87N/AN/A1,50762244,13751,547
2023-09-11$122.57$120.0016.5%4.6%12.6%3.8%16.3%2.5%-0.5%4.7M-151.0K-1.5M1.7226.18N/AN/A1,0371,78642,08050,404
2023-09-12$121.34$120.0016.9%4.8%13.0%5.4%16.2%2.4%0.0%-377.3K30.8M-1.5M1.0627.77N/AN/A71175542,25851,392
2023-09-13$121.66$120.0016.8%5.0%12.5%5.0%16.5%2.3%0.8%212.5K28.8M-1.5M0.2424.18N/AN/A3,63388042,22451,474
2023-09-14$123.36$120.0015.8%4.4%13.3%0.9%16.0%2.2%-0.5%7.7M-12.5M-1.5M0.4417.23N/AN/A99243342,83351,675
2023-09-15$120.53$120.0016.9%4.9%14.5%5.3%16.5%2.2%0.5%-5.5M46.1M-1.5M0.3321.67N/AN/A2,16270442,97951,873
2023-09-18$120.45$120.0017.7%5.1%14.4%8.9%17.0%2.5%0.1%-151.0K35.2M-1.5M0.2728.21N/AN/A1,21333229,74942,302
2023-09-19$120.96$120.0017.3%4.9%14.4%7.0%17.0%2.3%0.5%861.1K28.0M-1.5M0.3427.03N/AN/A2,64391130,64142,410
2023-09-20$120.66$120.0017.3%4.9%14.4%7.0%16.7%2.6%0.4%1.3M27.9M-1.5M0.5328.24N/AN/A71538132,89143,489
2023-09-21$118.86$120.0019.2%5.5%14.1%15.1%19.0%2.5%-0.2%-2.3M58.1M-1.5M1.1921.90N/AN/A45353733,35543,547
2023-09-22$119.52$120.0019.1%5.5%13.8%14.9%19.0%2.4%-0.4%-1.6M50.2M-1.5M0.9225.29N/AN/A61556533,68943,777
2023-09-25$119.59$120.0019.6%5.6%13.7%16.8%19.3%2.7%6.5%-1.5M51.5M-1.5M0.5027.99N/AN/A66033332,60342,931
2023-09-26$118.34$120.0020.7%6.0%14.1%21.8%20.6%2.9%6.3%-2.3M64.9M-1.5M2.0320.21N/AN/A33768433,11343,157
2023-09-27$117.74$120.0020.5%5.9%14.0%20.8%20.5%2.9%6.3%-3.1M79.5M-1.5M1.4926.54N/AN/A52678433,27643,418
2023-09-28$119.03$120.0021.3%5.8%14.7%24.3%20.1%2.7%6.1%-1.7M52.3M-1.5M1.4821.50N/AN/A41761933,58043,179
2023-09-29$120.33$120.0022.2%5.7%15.2%27.9%19.4%2.6%7.1%-965.1K38.9M-1.5M0.8832.87N/AN/A73765133,76843,215