GME Options History — June 2013

In June 2013, GME traded between $8.60 and $10.51. ATM implied volatility averaged 49.1%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 13.6% (HV 20d: 62.7%). Max pain ranged from $8.25 to $8.75. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.13.

Notable Days

  • 2013-06-14: Highest Volume — 263,272 contracts
  • 2013-06-07: Largest IV drop — 23.1% change
  • 2013-06-06: Highest IV Rank — 37.0%
  • 2013-06-05: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.53$8.60$10.51$8.60$10.51
Max Pain$8.61$8.25$8.75$8.50$8.75
ATM IV49.1%34.8%71.5%60.2%34.8%
Expected Move13.4%10.5%17.9%17.2%10.9%
HV 20d62.7%51.4%71.9%57.2%51.4%
HV 60d47.3%42.8%49.9%42.8%47.9%
IV Rank18.3%6.3%37.0%27.5%6.3%
IV Percentile64.7%9.5%95.2%94.0%9.5%
Term Structure1.5%-10.8%7.6%-10.8%5.7%
VWIV47.8%39.2%63.0%59.4%39.2%
Skew 25d4.7%2.9%7.6%4.6%2.9%
Skew 10d10.1%6.6%14.9%9.9%7.2%
Call IV 25d45.4%36.2%60.4%57.3%37.3%
Put IV 25d50.0%39.2%65.6%61.9%40.2%
Bid-Ask Spread %10.207.9418.408.988.50
Gamma HHI0.100.060.240.060.11
Net GEX6.5M3.0M11.1M3.5M7.1M
Net DEX-295.7M-514.9M-135.5M-136.2M-351.5M
Net VEX-1.2M-1.3M-1.1M-1.2M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.282.730.410.79
Total Volume69,837.619,524263,27233,64047,388
Total OI1,142,223.4863,0481,300,3561,114,840898,804

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-06-03$8.60$8.5060.2%17.2%57.2%27.5%59.4%4.6%-10.8%3.5M-136.2M-1.2M0.418.98N/AN/A23,8969,744674,912439,928
2013-06-04$8.87$8.5061.3%17.3%58.5%28.4%60.1%6.4%-9.2%4.7M-191.1M-1.2M0.6310.94N/AN/A42,29626,492680,928442,092
2013-06-05$8.71$8.5067.2%17.9%58.7%33.4%63.0%5.2%-10.0%4.1M-161.4M-1.2M0.608.60N/AN/A34,83220,884685,580440,004
2013-06-06$8.65$8.5071.5%17.0%58.8%37.0%59.9%7.6%-8.7%4.5M-149.6M-1.2M1.2512.27N/AN/A32,78041,064709,696454,084
2013-06-07$9.19$8.2555.0%13.4%62.9%23.2%48.2%6.6%1.7%6.2M-262.0M-1.2M1.7818.40N/AN/A71,844127,908716,172482,220
2013-06-10$8.75$8.5062.7%14.7%63.8%29.6%51.9%7.5%1.0%3.0M-135.5M-1.2M1.7912.53N/AN/A45,50881,660723,124528,644
2013-06-11$9.43$8.5057.8%13.0%69.8%25.5%46.3%5.1%2.8%6.8M-304.4M-1.2M1.2911.66N/AN/A41,86854,072720,676530,956
2013-06-12$9.15$8.5047.4%13.1%70.4%16.9%45.9%5.3%2.6%5.6M-229.7M-1.2M2.168.49N/AN/A17,52837,812728,652523,572
2013-06-13$9.38$8.5045.5%13.1%71.0%15.3%46.7%5.9%3.4%7.4M-294.7M-1.2M1.439.30N/AN/A10,97215,660731,304526,388
2013-06-14$9.75$8.5044.1%12.6%71.9%14.1%45.2%3.2%4.1%11.1M-399.1M-1.1M0.2810.00N/AN/A206,00857,264728,072523,292
2013-06-17$9.63$8.7545.3%13.0%70.2%15.1%46.4%3.6%2.6%8.5M-376.2M-1.3M1.089.62N/AN/A17,13218,444780,868511,048
2013-06-18$9.62$8.7542.7%12.2%69.7%13.0%43.6%5.0%5.0%9.4M-376.7M-1.2M0.907.94N/AN/A14,73213,260784,384505,792
2013-06-19$9.63$8.7541.6%11.9%66.9%12.1%42.8%3.7%6.0%10.1M-384.0M-1.2M0.6010.61N/AN/A19,34411,636789,524510,832
2013-06-20$10.23$8.7544.8%12.8%69.7%14.7%46.8%4.4%2.0%8.8M-514.9M-1.2M1.149.76N/AN/A43,86050,008775,604496,856
2013-06-21$10.20$8.7543.3%12.4%69.6%13.4%44.2%3.9%3.5%9.8M-506.7M-1.2M0.608.78N/AN/A21,86413,052780,240509,380
2013-06-24$9.97$8.7541.7%12.0%54.4%12.1%43.3%3.5%6.2%4.8M-270.9M-1.1M2.739.25N/AN/A10,76429,336537,328325,720
2013-06-25$10.02$8.7540.1%11.5%53.7%10.7%41.5%3.3%7.5%4.6M-273.2M-1.1M1.158.40N/AN/A9,06810,456541,208335,896
2013-06-26$10.10$8.7539.0%11.2%53.7%9.9%41.7%3.0%7.3%5.0M-286.7M-1.1M0.899.37N/AN/A14,31212,764544,880335,464
2013-06-27$10.22$8.7536.5%10.5%51.6%7.8%39.4%3.0%7.6%5.8M-310.3M-1.1M1.1610.60N/AN/A18,16821,072555,288335,056
2013-06-28$10.51$8.7534.8%10.9%51.4%6.3%39.2%2.9%5.7%7.1M-351.5M-1.1M0.798.50N/AN/A26,49220,896558,236340,568