GME Options History — October 2009

In October 2009, GME traded between $6.02 and $7.04. ATM implied volatility averaged 45.9%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 10.1% (HV 20d: 35.8%). Max pain ranged from $6.25 to $7.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.53.

Notable Days

  • 2009-10-15: Highest Volume — 156,820 contracts
  • 2009-10-14: Largest IV spike — 51.1% change
  • 2009-10-14: Highest IV Rank — 31.3%
  • 2009-10-30: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.52$6.02$7.04$6.50$6.07
Max Pain$6.69$6.25$7.00$6.25$6.50
ATM IV45.9%39.9%67.2%42.6%50.5%
Expected Move13.2%11.9%14.5%12.2%14.5%
HV 20d35.8%27.9%45.2%29.1%45.1%
HV 60d41.3%39.8%44.6%40.2%40.8%
IV Rank6.7%0.0%31.3%2.2%12.2%
IV Percentile16.8%0.0%56.7%4.8%33.7%
Term Structure-1.3%-5.3%5.1%4.6%-2.5%
VWIV46.3%42.4%50.1%42.8%50.1%
Skew 25d2.0%-1.2%5.6%2.7%-0.5%
Skew 10d3.1%-3.1%8.2%4.1%2.2%
Call IV 25d45.6%41.3%50.6%41.3%50.2%
Put IV 25d47.6%43.2%50.9%44.0%49.7%
Bid-Ask Spread %12.847.8920.089.2120.08
Gamma HHI0.230.120.740.260.13
Net GEX2.8M704.9K9.0M2.5M972.0K
Net DEX-56.5M-132.8M-6.1M-57.4M-13.7M
Net VEX-314.3K-339.1K-274.1K-339.1K-331.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.121.281.260.33
Total Volume33,309.0915,676156,8209,40011,116
Total OI484,844.182320,456701,620518,736433,416

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$6.50$6.2542.6%12.2%29.1%2.2%42.8%2.7%4.6%2.5M-57.4M-339.1K1.269.21N/AN/A4,1565,244321,444197,292
2009-10-02$6.42$6.2543.7%12.5%29.2%3.6%45.2%-0.6%5.1%2.2M-48.6M-330.7K0.1913.25N/AN/A16,1603,020321,944196,544
2009-10-05$6.51$6.7545.1%13.9%29.4%5.2%49.5%4.3%-2.1%2.7M-57.4M-319.2K0.549.13N/AN/A8,1644,416330,392192,992
2009-10-06$6.66$6.5043.5%13.6%27.9%3.4%48.9%5.1%-1.9%3.4M-74.2M-319.9K0.457.89N/AN/A5,6682,536331,708192,980
2009-10-07$6.56$6.5048.2%13.9%28.6%8.8%48.3%4.0%-2.8%3.0M-63.7M-316.9K0.529.36N/AN/A23,83612,500332,176192,620
2009-10-08$6.84$6.5040.2%13.1%31.8%0.0%45.8%2.7%-2.3%4.3M-100.1M-307.7K0.8910.38N/AN/A19,83617,600341,108199,368
2009-10-09$6.74$6.7539.9%13.1%32.0%0.0%45.7%3.5%-1.7%4.1M-83.2M-308.0K1.288.65N/AN/A3,9165,008338,932207,716
2009-10-12$6.71$6.7542.5%13.0%29.9%2.9%45.2%5.6%-2.5%4.3M-78.8M-290.7K0.6410.17N/AN/A6,0483,900338,980209,092
2009-10-13$6.83$6.7544.5%12.9%30.0%5.2%45.4%3.4%-2.1%5.0M-98.2M-279.1K0.2310.06N/AN/A17,5444,076339,868209,480
2009-10-14$7.04$6.7567.2%14.0%30.9%31.3%48.7%0.8%-4.0%4.3M-128.6M-274.1K0.2811.22N/AN/A113,64031,956346,328211,088
2009-10-15$6.96$7.0050.0%14.3%31.4%11.6%49.9%-1.2%-5.3%7.2M-132.8M-315.5K0.4412.29N/AN/A108,90447,916413,488233,280
2009-10-16$6.93$7.0046.4%13.3%28.8%7.5%46.8%1.4%-2.1%9.0M-119.1M-306.6K0.7710.96N/AN/A19,75215,256442,728258,892
2009-10-19$7.04$7.0043.7%12.5%28.1%4.4%43.3%2.2%-1.7%918.6K-55.1M-299.3K0.2814.70N/AN/A25,5887,112201,676118,780
2009-10-20$6.41$7.0041.6%11.9%44.4%1.9%42.4%1.2%0.0%781.2K-24.2M-286.4K0.4812.82N/AN/A61,45229,512217,044120,740
2009-10-21$6.33$7.0042.9%12.3%44.1%3.4%43.1%2.8%-0.8%871.3K-21.8M-327.7K0.9515.89N/AN/A6,1765,868256,808139,188
2009-10-22$6.31$6.7542.0%12.1%43.8%2.4%42.9%2.0%0.4%789.9K-20.0M-326.2K0.2715.67N/AN/A10,4922,844249,516142,108
2009-10-23$6.19$6.7543.2%12.4%44.2%3.7%42.9%2.3%-0.9%770.7K-14.3M-323.3K0.6614.35N/AN/A7,5524,992256,572143,348
2009-10-26$6.02$6.7546.3%13.3%45.0%7.4%46.4%1.2%-1.2%704.9K-6.1M-308.5K0.4617.11N/AN/A18,5448,600260,404145,312
2009-10-27$6.15$6.7547.9%13.7%44.9%9.1%47.6%0.7%-1.6%926.1K-16.8M-334.9K0.1217.20N/AN/A15,3601,812273,408149,128
2009-10-28$6.06$6.5049.5%14.2%45.0%10.9%50.0%0.3%-1.6%939.4K-13.2M-331.8K0.5418.06N/AN/A5,8883,164278,304149,736
2009-10-29$6.14$6.5048.2%13.8%45.2%9.5%48.5%0.9%-0.9%1.0M-16.9M-337.2K0.1813.93N/AN/A4,800876280,188150,456
2009-10-30$6.07$6.5050.5%14.5%45.1%12.2%50.1%-0.5%-2.5%972.0K-13.7M-331.8K0.3320.08N/AN/A8,3882,728282,512150,904