EA Options History — February 2025

In February 2025, EA traded between $120.81 and $133.50. ATM implied volatility averaged 24.4%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded below realized volatility by 35.9% (HV 20d: 60.3%). Max pain ranged from $120.00 to $125.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.97.

Notable Days

  • 2025-02-05: Highest Volume — 48,399 contracts
  • 2025-02-27: Largest IV spike — 48.5% change
  • 2025-02-27: Highest IV Rank — 100.0%
  • 2025-02-03: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$129.86$120.81$133.50$122.78$129.09
Max Pain$123.95$120.00$125.00$120.00$125.00
ATM IV24.4%17.9%36.4%32.5%24.7%
Expected Move6.9%5.5%10.3%10.3%7.1%
HV 20d60.3%31.4%74.5%68.3%32.5%
HV 60d44.2%42.2%44.6%42.3%44.4%
IV Rank43.5%12.0%100.0%83.4%43.8%
IV Percentile65.4%17.9%100.0%99.2%65.9%
Term Structure0.1%-5.3%1.7%-5.3%1.2%
VWIV24.4%21.0%36.2%36.2%24.6%
Skew 25d1.8%0.4%2.5%0.4%2.5%
Skew 10d5.3%3.1%15.9%7.2%6.5%
Call IV 25d23.2%19.0%34.1%34.1%24.3%
Put IV 25d24.9%19.9%34.5%34.5%26.8%
Bid-Ask Spread %41.8123.2673.3471.2146.21
Gamma HHI0.230.100.800.190.14
Net GEX18.1M2.2M102.6M11.6M5.6M
Net DEX-166.4M-343.0M-16.0M-62.4M-67.0M
Net VEX-1.5M-1.8M-1.4M-1.5M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.174.940.310.53
Total Volume12,682.1582,52848,39914,0087,112
Total OI119,711.21191,013159,119122,031114,480

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$122.78$120.0032.5%10.3%68.3%83.4%36.2%0.4%-5.3%11.6M-62.4M-1.5M0.3171.21N/AN/A10,6873,32172,22849,803
2025-02-04$120.81$120.0031.9%10.2%68.2%80.4%35.3%1.9%-4.6%10.0M-16.0M-1.5M0.7970.15N/AN/A25,09519,75177,54951,456
2025-02-05$129.40$120.0017.9%5.5%73.7%12.0%21.0%0.9%1.7%55.2M-331.4M-1.4M0.9773.34N/AN/A24,59323,80685,61562,463
2025-02-06$131.02$120.0021.7%6.4%74.0%30.6%23.0%2.3%0.2%49.8M-343.0M-1.4M0.8438.77N/AN/A20,24017,00080,47266,927
2025-02-07$129.66$125.0023.8%6.6%74.0%40.6%23.0%1.4%0.8%102.6M-193.5M-1.5M0.3438.01N/AN/A9,8633,36281,65277,467
2025-02-10$132.02$125.0025.8%6.6%74.3%50.4%22.4%2.2%0.0%7.9M-216.9M-1.4M0.9630.29N/AN/A4,3334,15853,72062,138
2025-02-11$132.87$125.0021.7%6.3%74.4%30.5%22.1%2.1%0.5%9.4M-237.9M-1.4M0.3534.02N/AN/A3,8531,35953,45760,054
2025-02-12$131.78$125.0023.0%6.6%74.4%36.7%22.5%2.2%0.5%7.5M-194.8M-1.5M1.0731.69N/AN/A1,5761,69353,53661,086
2025-02-13$129.51$125.0022.4%6.4%74.5%34.0%22.6%1.8%0.6%5.1M-127.8M-1.4M0.6426.16N/AN/A2,6521,70853,81962,123
2025-02-14$129.81$125.0021.6%6.2%74.5%30.1%21.9%1.9%1.0%21.7M-134.9M-1.5M0.4523.67N/AN/A3,4971,58355,02062,582
2025-02-18$129.01$125.0022.4%6.4%74.4%33.9%22.5%2.0%0.5%2.2M-101.0M-1.4M0.5723.74N/AN/A1,61591352,24559,636
2025-02-19$129.73$125.0022.2%6.4%74.4%33.0%23.3%1.6%0.7%4.0M-115.8M-1.5M0.1730.85N/AN/A4,94184453,07660,121
2025-02-20$129.94$125.0021.9%6.3%74.5%31.4%22.9%1.1%0.6%9.1M-168.0M-1.4M0.7166.45N/AN/A1,7491,23556,89160,362
2025-02-21$131.19$125.0022.9%6.6%32.3%36.5%22.9%1.7%0.9%6.0M-210.6M-1.5M0.5958.23N/AN/A2,9351,73257,35560,655
2025-02-24$133.50$125.0022.4%6.4%31.5%34.2%22.8%1.7%0.5%6.6M-181.0M-1.4M0.2637.35N/AN/A12,8113,28546,18944,824
2025-02-25$132.89$125.0023.7%6.8%31.7%40.3%24.5%1.5%0.7%10.2M-185.1M-1.7M0.3924.88N/AN/A7,1482,75357,07446,989
2025-02-26$131.93$125.0024.5%7.0%31.4%44.5%24.5%2.1%0.3%10.5M-158.5M-1.8M3.5623.26N/AN/A7692,73561,38548,329
2025-02-27$130.49$125.0036.4%7.1%32.0%100.0%24.7%2.0%1.0%8.5M-116.8M-1.8M4.9446.09N/AN/A7163,53861,70350,032
2025-02-28$129.09$125.0024.7%7.1%32.5%43.8%24.6%2.5%1.2%5.6M-67.0M-1.8M0.5346.21N/AN/A4,6352,47761,81252,668