GME Options History — February 2014

In February 2014, GME traded between $8.46 and $9.62. ATM implied volatility averaged 38.8%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 15.9% (HV 20d: 54.7%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 1.09.

Notable Days

  • 2014-02-25: Highest Volume — 95,676 contracts
  • 2014-02-12: Largest IV drop — 21.4% change
  • 2014-02-05: Highest IV Rank — 46.4%
  • 2014-02-27: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.00$8.46$9.62$8.46$9.33
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV38.8%32.2%48.8%48.6%39.1%
Expected Move11.8%11.5%12.0%11.9%11.8%
HV 20d54.7%30.8%89.2%88.8%35.2%
HV 60d58.1%56.4%58.7%58.6%58.1%
IV Rank23.7%8.9%46.4%45.9%24.5%
IV Percentile44.1%6.3%88.5%88.1%54.0%
Term Structure4.5%0.0%7.9%0.0%5.0%
VWIV42.4%34.7%47.2%41.9%44.6%
Skew 25d3.4%1.8%4.8%3.5%3.4%
Skew 10d6.6%4.2%8.9%6.5%8.0%
Call IV 25d35.8%32.2%38.9%38.9%36.8%
Put IV 25d39.2%35.7%42.4%42.4%40.2%
Bid-Ask Spread %13.7711.1121.7016.3113.96
Gamma HHI0.120.070.450.090.12
Net GEX248.4K-721.2K4.1M-695.2K1.1M
Net DEX46.9M-13.8M89.1M88.3M3.9M
Net VEX-602.0K-734.9K-475.8K-475.8K-721.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.312.430.641.08
Total Volume32,230.1059,55695,67675,57222,208
Total OI551,091.368491,096582,032502,348570,896

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$8.46$10.0048.6%11.9%88.8%45.9%41.9%3.5%0.0%-695.2K88.3M-475.8K0.6416.31N/AN/A46,08029,492282,976219,372
2014-02-04$8.49$10.0046.5%11.8%89.2%41.1%44.2%2.5%1.3%-721.2K89.1M-510.4K0.7821.70N/AN/A21,17616,524292,272235,436
2014-02-05$8.69$10.0048.8%11.9%86.3%46.4%42.3%1.8%0.9%-362.4K74.9M-555.3K1.2015.65N/AN/A6,9128,268302,168241,504
2014-02-06$8.84$10.0039.5%11.9%85.8%25.4%46.0%2.0%1.2%52.2K64.0M-567.7K1.9212.58N/AN/A5,91211,368304,576241,188
2014-02-07$8.88$10.0036.6%11.8%86.0%18.7%38.2%3.6%3.9%4.1M61.9M-572.9K0.3112.45N/AN/A17,6565,532307,240244,552
2014-02-10$9.11$10.0041.1%11.9%86.6%28.9%44.9%3.0%4.5%-45.5K42.5M-607.0K0.4211.11N/AN/A17,0727,196311,016243,584
2014-02-11$8.94$10.0040.9%11.9%86.6%28.6%43.8%3.5%5.0%-359.2K56.3M-591.0K1.1512.87N/AN/A4,4485,108315,268246,244
2014-02-12$9.13$10.0032.2%11.7%37.6%8.9%46.4%3.4%5.3%2.0K40.6M-604.7K0.8011.58N/AN/A7,5566,068317,804248,072
2014-02-13$8.96$10.0036.0%11.8%37.5%17.6%39.7%3.4%5.1%-271.2K55.5M-588.2K1.7913.14N/AN/A5,91210,568320,808250,788
2014-02-14$8.90$10.0035.6%11.8%36.6%16.6%40.0%3.4%5.5%-211.8K61.0M-570.7K1.0911.92N/AN/A7,4808,156323,436248,644
2014-02-18$9.04$10.0036.0%11.8%37.1%17.5%38.0%3.4%5.5%-30.1K50.7M-565.6K0.9711.71N/AN/A20,40819,792318,088244,920
2014-02-19$8.90$10.0035.5%11.8%36.8%16.3%45.2%4.3%6.1%-217.9K66.8M-579.3K1.5211.65N/AN/A5,3288,092325,136256,896
2014-02-20$8.91$10.0034.7%11.8%35.1%14.5%47.2%4.0%6.6%-316.9K61.4M-561.2K1.1213.86N/AN/A8,2009,168319,052247,608
2014-02-21$8.89$10.0032.6%11.7%34.2%9.8%44.1%3.5%7.9%-253.1K62.1M-556.4K2.4311.29N/AN/A24,86460,536322,292247,956
2014-02-24$9.01$10.0035.7%11.7%30.8%16.9%39.4%4.2%6.2%-280.1K33.3M-646.2K0.4813.85N/AN/A24,68811,952261,880229,216
2014-02-25$9.62$10.0039.5%11.6%37.9%25.3%39.2%2.6%4.6%725.9K-12.9M-710.4K0.3815.91N/AN/A69,56826,108280,352235,304
2014-02-26$9.52$10.0038.1%11.5%35.8%22.2%34.7%4.8%5.4%1.4M-13.8M-734.9K1.9316.49N/AN/A9,43218,204308,308246,300
2014-02-27$9.31$10.0039.3%12.0%35.2%24.9%45.8%4.3%4.7%1.1M4.7M-717.8K0.6313.59N/AN/A15,5289,812311,164248,420
2014-02-28$9.33$10.0039.1%11.8%35.2%24.5%44.6%3.4%5.0%1.1M3.9M-721.6K1.0813.96N/AN/A10,66411,544317,104253,792