EA Options History — December 2023

In December 2023, EA traded between $135.65 and $142.27. ATM implied volatility averaged 16.5%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 4.0% (HV 20d: 12.5%). Max pain ranged from $125.00 to $130.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.83.

Notable Days

  • 2023-12-06: Highest Volume — 8,649 contracts
  • 2023-12-21: Largest IV spike — 6.3% change
  • 2023-12-29: Highest IV Rank — 27.2%
  • 2023-12-21: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$137.97$135.65$142.27$137.97$136.53
Max Pain$129.25$125.00$130.00$125.00$130.00
ATM IV16.5%14.5%19.6%14.5%19.6%
Expected Move4.7%4.3%5.2%4.3%4.6%
HV 20d12.5%9.6%14.5%9.6%14.1%
HV 60d17.2%16.7%17.5%17.4%17.1%
IV Rank10.7%0.0%27.2%0.0%27.2%
IV Percentile14.2%0.0%41.7%0.0%41.7%
Term Structure1.7%-0.2%7.6%0.2%7.6%
VWIV16.9%15.4%20.1%15.4%16.6%
Skew 25d1.6%1.2%2.3%1.5%1.9%
Skew 10d3.8%2.6%4.8%3.6%4.0%
Call IV 25d15.8%14.0%17.8%14.0%16.3%
Put IV 25d17.5%15.4%19.8%15.4%18.2%
Bid-Ask Spread %60.5224.6776.0357.4354.53
Gamma HHI0.150.120.250.160.14
Net GEX12.2M5.5M26.2M17.1M5.5M
Net DEX-188.4M-329.9M-107.1M-229.1M-107.1M
Net VEX-1.3M-1.4M-1.3M-1.4M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.142.250.351.25
Total Volume2,445.74698,6497421,870
Total OI89,152.282,90994,88492,02486,223

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$137.97$125.0014.5%4.3%9.6%0.0%15.4%1.5%0.2%17.1M-229.1M-1.4M0.3557.43N/AN/A55019243,20648,818
2023-12-04$137.76$125.0015.3%4.4%9.7%4.1%16.6%2.3%0.2%12.5M-217.9M-1.4M0.9867.46N/AN/A98296341,62347,771
2023-12-05$137.62$125.0015.1%4.3%9.7%3.2%15.8%1.5%0.4%12.6M-213.0M-1.4M0.3574.73N/AN/A2,18075942,25148,486
2023-12-06$137.46$130.0015.8%4.9%9.7%7.3%16.2%1.2%0.4%11.7M-207.0M-1.4M0.1675.61N/AN/A7,4521,19742,64749,010
2023-12-07$135.65$130.0015.8%4.8%11.1%7.0%17.1%1.2%0.5%13.8M-173.1M-1.4M1.8875.83N/AN/A5491,03245,65049,026
2023-12-08$137.21$130.0015.3%4.7%11.6%4.4%16.1%1.2%0.4%26.2M-215.7M-1.4M0.5124.67N/AN/A73237245,85049,034
2023-12-11$138.27$130.0016.0%4.5%11.2%8.0%20.1%1.5%-0.2%16.2M-235.9M-1.3M1.0972.09N/AN/A1,2261,33744,02848,022
2023-12-12$139.83$130.0015.2%4.5%11.7%3.7%16.3%1.7%0.3%19.8M-271.6M-1.3M0.3673.53N/AN/A2,38385044,28247,554
2023-12-13$142.27$130.0015.3%4.6%12.2%4.2%15.4%1.2%0.9%18.4M-329.9M-1.3M0.1576.03N/AN/A4,41164344,43847,563
2023-12-14$140.73$130.0016.0%4.7%13.0%7.8%16.3%1.3%0.6%19.3M-282.1M-1.3M0.1473.62N/AN/A1,68523345,09247,959
2023-12-15$138.59$130.0015.9%4.6%14.0%7.4%16.3%1.4%0.1%12.0M-226.8M-1.3M0.4775.92N/AN/A1,19956345,12048,048
2023-12-18$138.24$130.0016.3%4.7%14.1%9.5%16.8%1.9%-0.1%9.5M-157.2M-1.3M1.7750.70N/AN/A43176337,93744,972
2023-12-19$138.53$130.0016.6%4.8%13.1%11.3%16.7%2.0%0.3%9.1M-162.3M-1.3M0.5251.12N/AN/A80942038,13245,343
2023-12-20$136.55$130.0017.3%4.9%14.1%14.8%17.2%1.7%0.6%7.2M-124.5M-1.3M2.2548.12N/AN/A8681,94938,53445,460
2023-12-21$137.82$130.0018.3%5.2%14.5%20.4%18.3%2.0%0.4%5.5M-130.9M-1.3M0.5048.17N/AN/A2,9021,44938,93747,538
2023-12-22$137.76$130.0017.6%5.0%14.5%16.8%18.6%2.0%0.2%8.8M-128.2M-1.4M1.5147.82N/AN/A9831,48540,08948,111
2023-12-26$137.34$130.0018.0%5.0%14.4%18.8%17.8%1.9%6.2%7.2M-130.4M-1.3M0.3854.10N/AN/A1,29249438,22546,638
2023-12-27$136.60$130.0017.5%4.9%14.3%16.2%17.3%1.8%7.2%6.2M-114.0M-1.3M1.4253.07N/AN/A51272838,49546,927
2023-12-28$136.74$130.0018.6%4.8%14.1%21.8%16.9%1.8%7.1%6.2M-111.7M-1.3M0.5255.81N/AN/A30916038,79247,213
2023-12-29$136.53$130.0019.6%4.6%14.1%27.2%16.6%1.9%7.6%5.5M-107.1M-1.3M1.2554.53N/AN/A8321,03838,91147,312