GME Options History — June 2009

In June 2009, GME traded between $5.46 and $6.45. ATM implied volatility averaged 47.7%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 19.9% (HV 20d: 67.6%). Max pain ranged from $6.00 to $6.25. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.84.

Notable Days

  • 2009-06-04: Highest Volume — 156,420 contracts
  • 2009-06-25: Largest IV drop — 8.5% change
  • 2009-06-02: Highest IV Rank — 18.0%
  • 2009-06-02: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.86$5.46$6.45$6.45$5.50
Max Pain$6.16$6.00$6.25$6.00$6.00
ATM IV47.7%41.8%52.3%50.7%41.8%
Expected Move13.6%12.0%15.0%14.6%12.0%
HV 20d67.6%28.0%82.2%80.1%28.0%
HV 60d62.1%57.8%66.3%65.8%57.8%
IV Rank10.7%3.3%18.0%17.6%3.3%
IV Percentile14.0%1.2%26.2%24.2%1.2%
Term Structure5.4%-2.1%9.2%-2.1%8.9%
VWIV47.0%41.9%52.6%51.1%41.9%
Skew 25d4.4%1.1%5.9%3.9%4.3%
Skew 10d8.1%2.6%12.0%8.8%8.2%
Call IV 25d45.6%41.8%52.7%48.7%41.8%
Put IV 25d49.9%46.1%54.0%52.6%46.1%
Bid-Ask Spread %11.555.8716.6112.5110.96
Gamma HHI0.210.110.500.160.27
Net GEX-411.0K-2.9M923.2K923.2K-574.3K
Net DEX17.2M-23.7M43.6M-23.7M24.8M
Net VEX-424.6K-519.4K-313.0K-328.4K-394.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.840.334.871.262.00
Total Volume40,987.8186,236156,42063,2206,236
Total OI569,835.818406,816675,208415,116589,436

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$6.45$6.0050.7%14.6%80.1%17.6%51.1%3.9%-2.1%923.2K-23.7M-328.4K1.2612.51N/AN/A27,91635,304242,248172,868
2009-06-02$6.08$6.2552.3%15.0%82.2%18.0%52.6%1.1%-1.0%71.0K15.0M-313.0K1.5512.45N/AN/A18,00027,928216,620190,196
2009-06-03$6.04$6.2551.1%14.6%82.2%16.7%50.4%3.3%-2.1%-47.6K18.9M-317.3K4.4116.61N/AN/A9,25640,808218,888199,976
2009-06-04$6.11$6.2548.0%13.8%80.6%13.4%48.1%2.2%-0.9%-323.2K22.5M-355.6K0.3315.87N/AN/A117,57238,848223,668229,956
2009-06-05$5.97$6.2550.2%13.4%80.6%15.7%47.2%4.9%5.9%-413.0K16.8M-466.4K3.5311.71N/AN/A6,79623,988282,224256,892
2009-06-08$6.08$6.2551.7%13.6%80.6%15.0%47.7%4.3%5.3%128.3K3.4M-491.4K2.0712.94N/AN/A9,54819,784334,772260,572
2009-06-09$6.25$6.2549.1%13.4%80.9%11.5%46.6%3.9%5.6%238.6K-10.5M-519.4K0.6913.54N/AN/A8,7846,060337,860275,604
2009-06-10$6.24$6.2546.9%13.6%80.8%9.0%47.6%5.2%5.3%250.5K-10.2M-511.0K0.6012.91N/AN/A17,70410,608340,116274,116
2009-06-11$6.15$6.2545.8%13.1%80.5%7.7%46.2%5.1%6.3%188.0K-3.8M-514.3K0.4914.26N/AN/A9,4404,624351,288275,396
2009-06-12$6.03$6.2545.6%13.1%80.6%7.5%44.9%4.6%6.9%28.6K7.7M-496.7K0.6212.18N/AN/A7,3124,556355,064272,052
2009-06-15$5.92$6.2546.1%13.2%80.3%8.1%45.4%5.9%5.7%-252.7K21.7M-462.5K0.9511.93N/AN/A5,1564,888355,424271,484
2009-06-16$5.75$6.2546.3%13.3%80.7%8.3%44.9%4.5%7.4%-453.9K39.2M-427.5K3.6411.76N/AN/A13,82050,304355,276270,084
2009-06-17$5.81$6.2546.2%13.2%80.8%8.2%44.3%5.7%7.4%-1.9M35.3M-436.6K0.9310.49N/AN/A20,88819,388359,936301,940
2009-06-18$5.70$6.2548.1%13.8%80.2%10.3%46.0%5.3%5.6%-2.9M43.6M-425.5K4.879.89N/AN/A5,28025,708372,700302,508
2009-06-19$5.74$6.2545.4%13.0%53.3%7.3%44.2%5.2%8.0%-1.7M27.8M-417.7K0.778.24N/AN/A14,54411,256375,512284,804
2009-06-22$5.49$6.0048.8%14.0%55.6%11.2%48.8%3.4%9.2%-157.8K25.6M-383.5K4.335.87N/AN/A11,81651,108294,776206,712
2009-06-23$5.46$6.0051.2%14.7%53.9%13.9%51.8%4.9%8.1%-483.1K27.5M-402.1K1.119.51N/AN/A59,49666,020302,492234,188
2009-06-24$5.46$6.0049.6%14.2%49.6%12.1%49.8%4.3%8.0%-466.8K28.1M-423.5K1.5612.17N/AN/A12,83219,988324,776256,156
2009-06-25$5.55$6.0045.4%13.0%43.5%7.3%45.7%5.2%7.8%-350.0K21.5M-426.6K1.149.70N/AN/A9,02410,292332,320255,616
2009-06-26$5.54$6.0044.0%12.6%36.9%5.8%44.4%4.5%7.6%-457.6K23.3M-419.4K1.438.68N/AN/A3,0684,396331,952257,336
2009-06-29$5.54$6.0044.9%12.9%34.0%6.7%45.3%4.3%5.2%-508.3K23.3M-407.9K2.279.93N/AN/A9,58821,800333,064257,520
2009-06-30$5.50$6.0041.8%12.0%28.0%3.3%41.9%4.3%8.9%-574.3K24.8M-394.3K2.0010.96N/AN/A2,0804,156335,484253,952