EA Options History — July 2025

In July 2025, EA traded between $147.53 and $159.25. ATM implied volatility averaged 28.6%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 9.1% (HV 20d: 19.5%). Max pain ranged from $150.00 to $150.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.81.

Notable Days

2025-07-30: Highest Volume — 15,304 contracts
2025-07-30: Largest IV drop — 17.6% change
2025-07-24: Highest IV Rank — 41.5%
2025-07-28: Largest Expected Move — 10.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$152.64	$147.53	$159.25	$159.25	$152.95
Max Pain	$150.00	$150.00	$150.00	$150.00	$150.00
ATM IV	28.6%	20.0%	32.1%	28.1%	20.0%
Expected Move	8.1%	5.3%	10.0%	5.3%	6.4%
HV 20d	19.5%	17.1%	31.7%	18.1%	31.7%
HV 60d	23.5%	21.3%	28.6%	28.6%	25.0%
IV Rank	32.8%	11.4%	41.5%	31.7%	11.4%
IV Percentile	72.2%	20.6%	88.5%	70.2%	20.6%
Term Structure	-1.4%	-5.7%	3.9%	-1.0%	3.9%
VWIV	28.0%	19.0%	34.6%	19.0%	22.8%
Skew 25d	3.7%	-3.9%	13.0%	1.7%	6.3%
Skew 10d	6.0%	-2.8%	17.9%	1.4%	5.4%
Call IV 25d	26.1%	16.6%	30.5%	27.9%	17.0%
Put IV 25d	29.9%	22.0%	32.4%	29.6%	23.3%
Bid-Ask Spread %	64.85	44.61	96.73	80.20	74.32
Gamma HHI	0.17	0.11	0.56	0.19	0.13
Net GEX	13.1M	3.1M	47.9M	13.9M	10.4M
Net DEX	-155.6M	-278.1M	-47.3M	-275.2M	-168.1M
Net VEX	-1.5M	-1.6M	-1.3M	-1.4M	-1.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.81	0.15	2.22	0.19	0.84
Total Volume	3,781.636	973	15,304	6,669	3,618
Total OI	73,946.636	64,200	84,688	64,200	84,688

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-07-01	$159.25	$150.00	28.1%	5.3%	18.1%	31.7%	19.0%	1.7%	-1.0%	13.9M	-275.2M	-1.4M	0.19	80.20	N/A	N/A	5,584	1,085	35,997	28,203
2025-07-02	$157.72	$150.00	30.7%	6.0%	18.7%	38.1%	20.4%	7.9%	-2.4%	14.8M	-262.9M	-1.6M	0.26	96.73	N/A	N/A	2,108	549	40,419	29,093
2025-07-03	$155.48	$150.00	28.5%	7.7%	18.6%	32.6%	25.8%	4.7%	-1.0%	12.7M	-221.4M	-1.6M	1.40	77.25	N/A	N/A	1,069	1,495	41,580	29,349
2025-07-07	$153.56	$150.00	29.6%	7.9%	19.2%	35.4%	28.4%	2.8%	-1.7%	12.3M	-183.0M	-1.5M	1.52	57.92	N/A	N/A	713	1,085	41,009	29,828
2025-07-08	$152.62	$150.00	28.1%	7.6%	19.1%	31.6%	26.9%	2.5%	-1.1%	12.3M	-160.5M	-1.5M	2.22	55.30	N/A	N/A	1,184	2,626	41,366	30,595
2025-07-09	$152.69	$150.00	28.3%	7.6%	17.5%	32.2%	29.2%	13.0%	-1.7%	11.7M	-158.4M	-1.5M	1.92	54.41	N/A	N/A	898	1,726	41,835	32,194
2025-07-10	$151.63	$150.00	28.0%	7.9%	17.8%	31.3%	26.5%	3.4%	-0.8%	11.0M	-130.8M	-1.5M	0.39	53.09	N/A	N/A	699	274	41,936	33,521
2025-07-11	$149.01	$150.00	28.6%	7.8%	19.0%	32.8%	26.8%	-3.9%	-1.8%	8.9M	-68.5M	-1.5M	0.56	45.84	N/A	N/A	920	513	41,960	33,532
2025-07-14	$149.39	$150.00	29.5%	8.3%	18.2%	35.0%	21.7%	3.1%	-2.0%	9.9M	-80.2M	-1.5M	0.71	71.61	N/A	N/A	2,938	2,085	41,574	33,347
2025-07-15	$148.81	$150.00	29.5%	8.4%	18.0%	35.0%	28.1%	2.9%	-1.3%	8.3M	-67.3M	-1.5M	0.15	51.29	N/A	N/A	3,488	513	42,350	34,288
2025-07-16	$149.24	$150.00	29.7%	8.5%	17.1%	35.5%	29.1%	3.2%	-1.9%	9.9M	-86.5M	-1.5M	0.62	71.70	N/A	N/A	1,302	813	43,321	34,483
2025-07-17	$149.70	$150.00	29.3%	8.5%	17.2%	34.6%	28.7%	2.8%	-1.8%	13.8M	-100.4M	-1.5M	0.51	67.56	N/A	N/A	873	445	43,801	34,938
2025-07-18	$150.21	$150.00	29.2%	8.5%	17.1%	34.3%	30.1%	2.7%	-1.7%	47.9M	-119.5M	-1.5M	0.51	75.64	N/A	N/A	2,947	1,514	43,991	35,138
2025-07-21	$153.18	$150.00	28.7%	8.7%	18.4%	33.1%	29.9%	2.4%	-1.1%	10.7M	-165.9M	-1.5M	0.51	59.27	N/A	N/A	882	454	38,137	31,690
2025-07-22	$157.10	$150.00	29.7%	8.9%	18.5%	35.5%	31.3%	7.6%	-1.7%	12.9M	-244.4M	-1.5M	0.41	69.90	N/A	N/A	1,429	591	38,486	31,982
2025-07-23	$153.72	$150.00	29.5%	9.4%	18.3%	35.0%	33.3%	2.2%	-1.4%	11.4M	-174.0M	-1.4M	0.88	67.71	N/A	N/A	2,478	2,173	38,656	32,290
2025-07-24	$153.64	$150.00	32.1%	9.4%	18.3%	41.5%	32.6%	2.8%	-5.7%	13.7M	-174.7M	-1.5M	0.26	63.78	N/A	N/A	3,871	1,004	39,842	33,165
2025-07-25	$151.72	$150.00	30.2%	9.2%	18.7%	36.9%	32.6%	1.6%	-1.3%	11.0M	-125.6M	-1.5M	0.93	44.61	N/A	N/A	782	731	39,664	33,316
2025-07-28	$152.14	$150.00	30.5%	10.0%	18.8%	37.7%	34.6%	2.6%	-1.6%	7.0M	-131.3M	-1.4M	1.23	53.80	N/A	N/A	811	999	37,329	32,349
2025-07-29	$147.53	$150.00	27.9%	9.4%	20.6%	31.1%	33.5%	7.0%	-4.0%	3.1M	-47.3M	-1.3M	1.03	55.69	N/A	N/A	4,243	4,380	37,646	33,365
2025-07-30	$156.69	$150.00	23.0%	6.9%	30.7%	18.8%	24.2%	3.1%	1.4%	19.7M	-278.1M	-1.4M	0.65	79.09	N/A	N/A	9,280	6,024	45,004	39,569
2025-07-31	$152.95	$150.00	20.0%	6.4%	31.7%	11.4%	22.8%	6.3%	3.9%	10.4M	-168.1M	-1.4M	0.84	74.32	N/A	N/A	1,962	1,656	44,287	40,401