GME Options History — May 2013

In May 2013, GME traded between $7.93 and $9.94. ATM implied volatility averaged 43.0%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 7.8% (HV 20d: 35.2%). Max pain ranged from $7.25 to $9.25. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.29.

Notable Days

  • 2013-05-24: Highest Volume — 466,764 contracts
  • 2013-05-16: Largest IV spike — 51.0% change
  • 2013-05-24: Highest IV Rank — 25.6%
  • 2013-05-31: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.08$7.93$9.94$8.69$8.29
Max Pain$8.51$7.25$9.25$7.25$8.50
ATM IV43.0%31.1%57.9%40.1%52.3%
Expected Move13.4%9.6%16.9%11.5%16.9%
HV 20d35.2%23.0%58.6%28.2%56.1%
HV 60d34.6%31.0%42.7%35.1%42.3%
IV Rank13.2%3.3%25.6%10.8%21.0%
IV Percentile49.5%3.6%94.0%36.5%86.5%
Term Structure-3.2%-9.0%8.9%3.9%-9.0%
VWIV47.7%35.4%58.7%41.4%58.7%
Skew 25d3.5%-0.3%5.5%2.0%2.1%
Skew 10d8.1%1.1%12.6%3.6%7.2%
Call IV 25d45.7%32.9%58.2%40.3%58.2%
Put IV 25d49.1%36.2%60.7%42.3%60.3%
Bid-Ask Spread %12.495.7030.128.6110.07
Gamma HHI0.090.060.120.090.06
Net GEX3.2M-1.3M6.1M4.8M2.6M
Net DEX-215.6M-357.7M48.0M-230.2M-80.7M
Net VEX-945.7K-1.2M-826.9K-843.4K-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.173.681.440.83
Total Volume101,076.90910,156466,76418,12038,284
Total OI909,090.182738,3001,158,512738,3001,158,512

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-05-01$8.69$7.2540.1%11.5%28.2%10.8%41.4%2.0%3.9%4.8M-230.2M-843.4K1.448.61N/AN/A7,42810,692503,312234,988
2013-05-02$9.08$7.2537.2%10.5%30.1%8.4%39.4%3.9%7.1%5.4M-281.2M-826.9K1.0211.06N/AN/A34,46435,116504,784239,752
2013-05-03$9.29$7.2532.9%9.6%30.4%4.8%35.4%3.4%8.9%6.0M-311.9M-857.1K2.519.36N/AN/A6,07615,280524,296253,408
2013-05-06$9.30$8.0037.6%12.3%30.6%8.7%45.1%5.5%-2.9%5.9M-310.9M-849.8K3.6812.21N/AN/A3,36412,372523,964260,168
2013-05-07$9.32$8.0039.5%12.4%29.5%10.3%43.8%4.9%-3.5%5.7M-313.4M-835.9K0.1712.40N/AN/A52,9328,856524,248267,740
2013-05-08$9.29$8.0036.1%12.5%29.8%7.5%44.5%3.5%-3.4%6.0M-315.0M-855.0K2.9510.01N/AN/A8,72425,740546,416272,036
2013-05-09$9.27$8.2532.3%12.2%24.4%4.3%45.2%3.8%-3.1%6.1M-310.8M-865.3K1.5413.28N/AN/A22,06833,888546,316285,824
2013-05-10$9.60$8.7531.2%12.6%26.1%3.4%45.0%3.9%-3.7%5.0M-349.5M-860.3K1.6210.06N/AN/A11,02417,836542,000308,236
2013-05-13$9.57$8.7533.6%12.4%24.2%5.4%44.8%3.7%-3.3%5.0M-345.5M-843.7K0.8611.03N/AN/A5,4564,700541,856316,460
2013-05-14$9.66$8.7531.9%12.7%23.1%4.0%46.3%4.4%-4.1%4.5M-354.1M-840.8K0.6710.18N/AN/A24,02816,036540,636318,980
2013-05-15$9.75$8.7531.1%12.7%23.0%3.3%45.1%3.9%-4.3%4.2M-346.0M-876.7K0.598.71N/AN/A9,2485,464534,488325,496
2013-05-16$9.51$8.7547.0%13.5%25.6%16.5%49.2%4.9%-5.5%4.9M-308.2M-910.4K2.888.29N/AN/A35,904103,292533,872325,116
2013-05-17$9.94$9.0047.4%13.6%28.5%16.9%48.5%5.0%-6.1%1.9M-357.7M-957.9K0.525.70N/AN/A172,52889,372562,496402,564
2013-05-20$9.69$9.2545.5%13.0%30.7%15.3%46.8%2.8%-5.9%986.7K-191.0M-979.0K1.007.86N/AN/A24,20824,264477,180393,524
2013-05-21$9.20$9.2548.4%13.9%37.2%17.7%48.9%3.4%-4.0%-504.5K-116.2M-1.0M1.5130.12N/AN/A58,59688,384491,888402,816
2013-05-22$9.06$9.2548.6%13.9%36.5%17.8%48.5%1.6%-3.2%-502.1K-91.7M-1.1M0.7426.90N/AN/A84,48462,544522,824426,176
2013-05-23$9.00$9.2547.1%13.5%36.7%16.6%48.2%-0.3%-2.1%-1.3M-75.5M-1.1M0.7414.14N/AN/A185,064136,092564,572451,224
2013-05-24$8.03$9.2557.9%16.6%55.2%25.6%57.1%4.3%-5.3%66.1K48.0M-1.0M1.2218.54N/AN/A210,720256,044651,184454,180
2013-05-28$7.93$8.7555.2%15.8%55.3%23.3%54.6%2.8%-6.1%361.3K-2.4M-1.0M0.5113.34N/AN/A94,73248,180636,592426,784
2013-05-29$7.96$8.5056.4%16.2%55.1%24.4%56.8%2.3%-6.4%864.9K-12.7M-1.1M0.8310.54N/AN/A21,01617,340661,696433,100
2013-05-30$8.38$8.5057.4%16.5%58.6%25.2%57.0%4.4%-7.4%3.3M-86.2M-1.1M0.5212.28N/AN/A66,85634,996674,216434,064
2013-05-31$8.29$8.5052.3%16.9%56.1%21.0%58.7%2.1%-9.0%2.6M-80.7M-1.2M0.8310.07N/AN/A20,92017,364703,860454,652