GME Options History — October 2007

In October 2007, GME traded between $13.66 and $15.01. ATM implied volatility averaged 43.3%, placing in the 63.1% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 6.5% (HV 20d: 36.8%). Max pain ranged from $11.25 to $13.75. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 0.38.

Notable Days

  • 2007-10-29: Highest Volume — 26,384 contracts
  • 2007-10-11: Largest IV spike — 16.8% change
  • 2007-10-22: Highest IV Rank — 76.2%
  • 2007-10-22: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.39$13.66$15.01$14.04$14.80
Max Pain$13.32$11.25$13.75$11.25$13.75
ATM IV43.3%37.8%48.3%38.9%42.2%
Expected Move12.6%10.8%13.9%11.2%12.1%
HV 20d36.8%33.3%40.8%34.2%40.5%
HV 60d46.6%44.9%48.6%45.5%46.2%
IV Rank63.1%48.6%76.2%51.7%60.2%
IV Percentile82.5%65.8%95.0%69.5%75.6%
Term Structure3.1%-0.3%8.3%4.3%8.3%
VWIV44.6%38.9%48.5%40.0%44.5%
Skew 25d2.3%-0.6%4.5%3.1%3.3%
Skew 10d4.6%-0.3%9.1%3.0%7.0%
Call IV 25d43.8%38.0%49.2%38.0%42.6%
Put IV 25d46.1%40.3%50.4%41.1%45.9%
Bid-Ask Spread %12.303.3419.145.9111.05
Gamma HHI0.390.250.620.330.34
Net GEX1.8M943.3K2.9M1.8M1.6M
Net DEX-147.6M-181.5M-103.2M-151.1M-134.2M
Net VEX-344.0K-393.5K-320.2K-341.8K-393.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.090.980.980.34
Total Volume16,003.8266,60426,38413,64824,452
Total OI271,933.913205,200310,968281,432254,004

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-10-01$14.04$11.2538.9%11.2%34.2%51.7%40.0%3.1%4.3%1.8M-151.1M-341.8K0.985.91N/AN/A6,9006,748167,668113,764
2007-10-02$14.40$11.2537.8%10.8%34.6%48.6%38.9%2.3%5.0%1.9M-164.8M-341.3K0.377.01N/AN/A12,5604,596167,932115,376
2007-10-03$14.15$11.2539.3%11.3%33.3%52.5%39.3%2.4%4.2%1.8M-157.0M-344.6K0.227.90N/AN/A5,4281,176170,856116,596
2007-10-04$13.66$11.2538.4%11.0%36.5%50.2%38.9%1.2%4.6%1.4M-137.1M-337.0K0.613.34N/AN/A7,1844,372171,332116,756
2007-10-05$14.18$13.7539.1%11.8%34.7%52.1%41.2%4.5%2.1%1.9M-157.1M-342.6K0.2815.60N/AN/A9,1842,556172,560117,444
2007-10-08$14.16$13.7542.7%12.7%34.8%61.4%43.7%4.3%0.4%1.9M-158.7M-334.9K0.1613.69N/AN/A10,1761,644173,376118,152
2007-10-09$14.68$13.7538.1%12.0%35.6%49.4%43.4%2.4%1.3%2.4M-180.1M-327.7K0.3012.17N/AN/A14,8164,456174,832119,020
2007-10-10$14.74$13.7538.1%12.2%35.5%49.6%43.4%1.8%0.4%2.4M-181.5M-324.4K0.2110.50N/AN/A9,1161,916173,560120,180
2007-10-11$14.26$13.7544.6%12.8%37.9%66.4%44.5%1.9%-0.0%1.9M-158.3M-353.1K0.569.69N/AN/A10,7605,996175,688120,524
2007-10-12$14.35$13.7543.7%12.5%35.8%64.2%43.8%1.9%1.7%2.0M-164.1M-331.9K0.489.93N/AN/A5,5242,652176,520122,180
2007-10-15$14.51$13.7545.6%13.1%35.4%69.2%46.8%2.5%-0.3%2.4M-172.7M-328.6K0.2913.54N/AN/A16,0204,664178,056123,168
2007-10-16$14.53$13.7545.0%12.9%35.3%67.6%45.8%2.6%0.3%2.6M-172.8M-326.5K0.3513.48N/AN/A5,5681,924177,712124,608
2007-10-17$14.63$13.7544.7%12.8%34.7%66.8%45.6%3.0%1.1%2.9M-172.3M-320.2K0.2513.93N/AN/A13,9803,444178,208124,620
2007-10-18$14.60$13.7545.8%13.1%34.3%69.6%47.1%3.0%0.5%2.9M-173.6M-327.3K0.0914.32N/AN/A20,6281,888178,152125,720
2007-10-19$14.19$13.7547.1%13.5%35.8%72.9%48.3%-0.6%1.2%943.3K-157.0M-321.7K0.5118.56N/AN/A12,5646,444184,556126,412
2007-10-22$14.19$13.7548.3%13.9%35.4%76.2%48.5%0.9%2.1%1.0M-107.0M-328.5K0.3613.35N/AN/A11,7884,208125,30479,896
2007-10-23$15.01$13.7544.2%12.7%40.3%65.5%45.2%1.3%4.1%1.2M-128.1M-330.7K0.3913.76N/AN/A16,7646,500127,50081,732
2007-10-24$14.53$13.7546.7%13.4%40.8%72.0%47.6%2.9%4.4%1.1M-113.7M-356.7K0.5419.14N/AN/A12,3966,728131,90886,508
2007-10-25$14.15$13.7547.9%13.7%40.0%75.1%47.9%3.0%5.3%955.2K-103.2M-366.8K0.5114.99N/AN/A8,1564,172135,79690,348
2007-10-26$14.36$13.7546.3%13.3%40.2%71.0%45.8%2.8%6.1%1.1M-111.7M-376.1K0.1616.59N/AN/A16,3282,628140,20493,232
2007-10-29$14.57$13.7545.1%12.9%40.4%67.8%47.7%2.7%6.0%1.2M-117.9M-366.7K0.3715.66N/AN/A19,3047,080140,24093,304
2007-10-30$14.38$13.7546.3%13.3%39.8%71.0%46.8%0.2%7.3%1.3M-119.7M-389.3K0.518.73N/AN/A8,4164,284152,17296,804
2007-10-31$14.80$13.7542.2%12.1%40.5%60.2%44.5%3.3%8.3%1.6M-134.2M-393.5K0.3411.05N/AN/A18,1806,272154,92099,084