GME Options History — June 2010

In June 2010, GME traded between $4.58 and $5.67. ATM implied volatility averaged 41.4%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 2.6% (HV 20d: 44.0%). Max pain ranged from $5.00 to $5.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 0.83.

Notable Days

2010-06-15: Highest Volume — 181,316 contracts
2010-06-07: Largest IV spike — 13.5% change
2010-06-07: Highest IV Rank — 52.5%
2010-06-07: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.05	$4.58	$5.67	$5.46	$4.70
Max Pain	$5.07	$5.00	$5.50	$5.50	$5.00
ATM IV	41.4%	36.9%	48.2%	45.4%	43.0%
Expected Move	11.8%	10.6%	13.2%	13.0%	12.3%
HV 20d	44.0%	37.2%	48.7%	45.3%	38.4%
HV 60d	37.4%	34.9%	38.4%	37.6%	38.1%
IV Rank	35.5%	24.3%	52.5%	45.6%	39.4%
IV Percentile	40.0%	21.8%	73.8%	61.9%	52.4%
Term Structure	3.4%	-0.4%	7.0%	-0.4%	4.6%
VWIV	41.9%	36.0%	46.7%	45.8%	43.8%
Skew 25d	7.0%	2.5%	9.9%	6.8%	3.5%
Skew 10d	14.6%	5.4%	20.8%	12.8%	7.6%
Call IV 25d	39.2%	34.3%	46.0%	43.5%	43.2%
Put IV 25d	46.1%	42.1%	50.4%	50.3%	46.7%
Bid-Ask Spread %	5.52	3.82	7.42	5.55	4.30
Gamma HHI	0.21	0.17	0.24	0.20	0.18
Net GEX	2.0M	861.1K	3.5M	2.3M	1.5M
Net DEX	-28.5M	-108.9M	22.7M	-82.3M	7.9M
Net VEX	-480.9K	-585.7K	-387.7K	-585.7K	-446.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.16	2.50	0.35	0.69
Total Volume	30,312.545	4,504	181,316	9,372	8,060
Total OI	764,702.364	706,012	819,888	748,292	792,744

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
2010-06-01	$5.46	$5.50	45.4%	13.0%	45.3%	45.6%	45.8%	6.8%	-0.4%	2.3M	-82.3M	-585.7K	0.35	5.55	N/A	N/A	6,936	2,436	463,092	285,200
2010-06-02	$5.53	$5.50	41.5%	11.9%	45.7%	35.6%	42.7%	6.9%	1.1%	2.5M	-89.0M	-576.6K	1.47	7.42	N/A	N/A	1,824	2,680	465,368	286,076
2010-06-03	$5.67	$5.50	37.7%	10.8%	46.9%	26.2%	37.7%	5.8%	1.8%	2.6M	-108.9M	-558.7K	0.82	6.58	N/A	N/A	3,812	3,140	466,012	286,028
2010-06-04	$5.44	$5.00	42.5%	12.4%	45.0%	38.2%	45.4%	7.9%	2.3%	2.5M	-79.6M	-563.8K	0.50	5.87	N/A	N/A	3,276	1,652	467,344	284,796
2010-06-07	$5.29	$5.00	48.2%	13.2%	45.2%	52.5%	43.3%	7.9%	1.0%	2.4M	-58.1M	-544.0K	1.04	4.63	N/A	N/A	3,672	3,824	466,932	283,896
2010-06-08	$5.25	$5.00	45.0%	12.7%	43.3%	44.5%	45.8%	8.1%	2.1%	2.4M	-51.6M	-534.2K	1.09	5.87	N/A	N/A	2,256	2,452	467,920	286,144
2010-06-09	$5.25	$5.00	44.3%	12.6%	43.2%	42.8%	42.0%	8.0%	2.3%	2.5M	-53.2M	-527.8K	0.74	6.24	N/A	N/A	4,144	3,052	467,768	285,192
2010-06-10	$5.31	$5.00	42.4%	12.1%	43.3%	37.8%	44.2%	7.2%	2.8%	2.6M	-61.6M	-520.3K	1.37	4.89	N/A	N/A	9,660	13,236	468,988	285,432
2010-06-11	$5.42	$5.00	39.6%	11.4%	43.7%	31.0%	39.9%	6.5%	3.4%	2.9M	-76.3M	-523.3K	0.16	6.11	N/A	N/A	42,588	7,008	471,840	288,296
2010-06-14	$5.47	$5.00	39.3%	11.3%	41.9%	30.1%	39.9%	6.3%	3.4%	3.5M	-89.7M	-496.0K	0.46	5.92	N/A	N/A	4,668	2,164	480,832	284,360
2010-06-15	$5.18	$5.00	40.5%	11.6%	46.0%	33.3%	45.1%	9.2%	3.4%	2.9M	-41.6M	-484.2K	1.56	6.90	N/A	N/A	70,704	110,612	481,492	285,596
2010-06-16	$4.91	$5.00	41.1%	11.8%	48.6%	34.7%	41.1%	9.1%	3.1%	1.6M	4.3M	-461.5K	1.42	4.84	N/A	N/A	17,444	24,808	495,068	324,404
2010-06-17	$4.84	$5.00	42.7%	12.2%	48.7%	38.7%	42.0%	9.9%	2.0%	1.5M	15.2M	-441.9K	2.50	6.18	N/A	N/A	4,160	10,416	496,344	323,544
2010-06-18	$4.80	$5.00	40.9%	11.7%	47.7%	34.2%	40.0%	8.8%	2.5%	1.4M	19.3M	-427.0K	0.80	5.68	N/A	N/A	17,432	13,860	496,288	321,596
2010-06-21	$4.71	$5.00	38.5%	11.0%	46.0%	28.1%	40.2%	8.2%	4.7%	1.5M	18.2M	-387.7K	0.69	7.03	N/A	N/A	36,144	25,008	425,140	280,872
2010-06-22	$4.71	$5.00	38.1%	10.9%	46.0%	27.1%	37.6%	7.9%	5.1%	1.5M	15.5M	-417.2K	0.71	4.65	N/A	N/A	26,576	18,916	449,184	293,940
2010-06-23	$4.72	$5.00	36.9%	10.6%	44.3%	24.3%	36.0%	7.8%	6.0%	1.8M	10.9M	-425.5K	0.38	5.58	N/A	N/A	5,884	2,220	465,312	295,628
2010-06-24	$4.59	$5.00	39.8%	11.4%	44.8%	31.3%	40.8%	6.3%	7.0%	1.0M	22.7M	-405.3K	0.32	4.42	N/A	N/A	48,140	15,476	465,308	295,740
2010-06-25	$4.63	$5.00	38.3%	11.0%	37.7%	27.8%	38.9%	5.7%	6.2%	1.1M	19.1M	-414.4K	0.37	4.18	N/A	N/A	7,112	2,600	462,936	303,388
2010-06-28	$4.69	$5.00	40.4%	11.6%	38.7%	33.1%	43.0%	2.5%	5.3%	1.4M	11.0M	-429.5K	0.19	3.82	N/A	N/A	17,908	3,372	463,116	302,968
2010-06-29	$4.58	$5.00	45.0%	12.9%	37.2%	44.3%	46.7%	3.5%	5.0%	861.1K	21.3M	-408.7K	0.53	4.82	N/A	N/A	36,420	19,124	459,228	302,100
2010-06-30	$4.70	$5.00	43.0%	12.3%	38.4%	39.4%	43.8%	3.5%	4.6%	1.5M	7.9M	-446.3K	0.69	4.30	N/A	N/A	4,780	3,280	485,728	307,016