GME Options History — July 2009

In July 2009, GME traded between $5.11 and $6.04. ATM implied volatility averaged 48.4%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 11.6% (HV 20d: 36.8%). Max pain ranged from $5.25 to $6.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.27.

Notable Days

  • 2009-07-17: Highest Volume — 109,864 contracts
  • 2009-07-16: Largest IV spike — 25.4% change
  • 2009-07-30: Highest IV Rank — 21.7%
  • 2009-07-30: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.50$5.11$6.04$5.62$5.47
Max Pain$5.39$5.25$6.00$6.00$5.63
ATM IV48.4%40.6%58.0%40.6%55.8%
Expected Move14.9%11.7%16.6%11.7%16.0%
HV 20d36.8%29.4%42.8%29.4%36.3%
HV 60d55.5%54.4%58.6%57.6%54.5%
IV Rank10.7%1.9%21.7%1.9%19.2%
IV Percentile17.5%1.2%39.3%1.2%33.3%
Term Structure-1.7%-8.1%10.4%8.9%-6.1%
VWIV51.4%40.6%56.1%40.6%56.1%
Skew 25d6.6%3.3%9.0%3.3%7.7%
Skew 10d14.6%8.7%24.6%10.1%11.0%
Call IV 25d48.6%39.5%51.9%39.5%51.6%
Put IV 25d55.3%42.8%60.1%42.8%59.3%
Bid-Ask Spread %14.327.3618.949.3914.17
Gamma HHI0.300.190.450.250.19
Net GEX313.0K-1.6M2.1M-454.4K1.1M
Net DEX1.7M-65.3M53.6M16.5M-5.1M
Net VEX-373.1K-430.0K-328.4K-401.9K-373.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.194.880.981.51
Total Volume28,673.2738,360109,86422,56410,468
Total OI560,078.909437,048639,172592,412539,252

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$5.62$6.0040.6%11.7%29.4%1.9%40.6%3.3%8.9%-454.4K16.5M-401.9K0.989.39N/AN/A11,39611,168336,276256,136
2009-07-02$5.27$6.0043.2%12.4%35.8%4.8%41.8%3.3%10.4%-973.5K44.5M-365.0K0.737.36N/AN/A8,6046,268341,880259,476
2009-07-06$5.26$5.2544.3%15.0%35.3%6.1%52.5%7.2%-1.3%-1.0M43.9M-362.3K2.9312.74N/AN/A4,18412,248347,224263,724
2009-07-07$5.12$5.2547.4%15.7%34.9%9.5%52.0%7.3%-2.4%-1.1M53.6M-338.5K0.9216.61N/AN/A4,3484,012348,744262,736
2009-07-08$5.24$5.2545.9%15.3%34.3%7.9%53.4%7.6%-0.8%-1.1M42.9M-355.4K1.5112.01N/AN/A3,6165,448348,952260,904
2009-07-09$5.17$5.2541.9%15.3%34.3%3.3%54.3%8.0%-1.1%-1.3M48.2M-342.8K2.7615.01N/AN/A16,19244,752350,124260,056
2009-07-10$5.11$5.2542.6%15.7%34.2%4.1%54.4%6.5%-0.6%-1.3M48.6M-328.4K0.4418.24N/AN/A8,3043,664361,036252,724
2009-07-13$5.26$5.2543.2%15.4%36.5%4.8%53.6%6.4%-1.7%-1.6M36.7M-337.8K0.4817.56N/AN/A11,4125,480365,360251,816
2009-07-14$5.41$5.2545.5%15.5%38.2%7.4%51.9%6.9%-1.8%-999.1K19.5M-349.4K0.2314.87N/AN/A29,7046,748370,232250,672
2009-07-15$5.41$5.2542.4%15.2%37.1%3.9%52.3%5.3%-0.9%-673.0K17.0M-347.2K1.0916.15N/AN/A5,2845,736384,896250,036
2009-07-16$5.54$5.2553.2%15.2%38.0%16.1%53.3%5.2%-2.9%616.1K3.1M-352.2K0.2716.94N/AN/A45,80412,140377,748247,920
2009-07-17$5.49$5.2552.0%14.9%37.5%14.8%51.6%6.3%-2.1%1.1M2.3M-344.7K0.1917.23N/AN/A92,00817,856399,360239,812
2009-07-20$5.58$5.2550.6%14.5%38.0%13.2%50.7%6.2%0.9%1.5M-28.3M-385.0K0.4614.00N/AN/A13,5566,260295,864141,184
2009-07-21$5.73$5.2550.3%14.4%35.6%12.9%50.8%6.7%-3.4%1.7M-40.1M-400.0K0.2610.86N/AN/A21,1405,516305,112144,760
2009-07-22$5.91$5.2546.6%13.4%36.8%8.7%45.8%5.5%-0.7%1.8M-53.3M-410.5K0.3216.53N/AN/A22,7847,208309,240146,984
2009-07-23$5.97$5.2548.8%14.0%36.9%11.2%49.3%8.0%-3.6%2.0M-61.1M-420.9K0.5312.27N/AN/A27,16814,480326,648147,924
2009-07-24$6.04$5.2549.3%14.1%36.7%11.8%49.4%6.5%-2.2%2.1M-65.3M-430.0K2.9912.45N/AN/A3,1569,452338,856156,760
2009-07-27$5.88$5.2552.9%15.2%38.2%15.8%55.0%6.5%-5.0%1.9M-49.7M-417.1K2.8014.51N/AN/A5,24014,672338,900162,860
2009-07-28$5.70$5.6354.3%15.6%40.1%17.4%53.3%8.1%-6.5%1.6M-29.5M-400.3K1.2514.85N/AN/A18,72023,312338,432172,148
2009-07-29$5.47$5.6355.2%15.8%42.8%18.4%54.6%8.2%-6.8%1.3M-10.8M-378.4K4.8818.94N/AN/A5,02424,496347,092179,372
2009-07-30$5.37$5.6358.0%16.6%42.5%21.7%54.1%9.0%-8.1%940.9K3.3M-365.8K0.3912.23N/AN/A15,6446,140347,036195,468
2009-07-31$5.47$5.6355.8%16.0%36.3%19.2%56.1%7.7%-6.1%1.1M-5.1M-373.5K1.5114.17N/AN/A4,1766,292344,156195,096