GME Options History — April 2014

In April 2014, GME traded between $9.84 and $11.10. ATM implied volatility averaged 40.4%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 8.1% (HV 20d: 48.4%). Max pain ranged from $8.75 to $8.75. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.08.

Notable Days

  • 2014-04-04: Highest Volume — 150,828 contracts
  • 2014-04-09: Largest IV drop — 21.0% change
  • 2014-04-08: Highest IV Rank — 40.8%
  • 2014-04-17: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.40$9.84$11.10$10.64$9.92
Max Pain$8.75$8.75$8.75$8.75$8.75
ATM IV40.4%36.6%46.4%40.3%40.7%
Expected Move11.8%11.3%12.1%11.3%11.7%
HV 20d48.4%39.1%53.1%49.1%39.1%
HV 60d47.9%40.2%63.2%63.2%40.6%
IV Rank27.3%18.7%40.8%27.2%28.0%
IV Percentile58.8%32.5%82.5%62.3%65.1%
Term Structure2.4%0.1%5.7%1.5%5.7%
VWIV43.9%39.4%51.2%44.1%44.6%
Skew 25d3.3%1.3%4.4%1.7%3.1%
Skew 10d7.7%3.5%10.2%3.5%6.7%
Call IV 25d38.4%35.9%41.2%36.8%36.9%
Put IV 25d41.7%37.6%45.4%38.5%40.0%
Bid-Ask Spread %11.827.4461.677.9211.09
Gamma HHI0.170.100.350.180.11
Net GEX1.7M-3.4M8.1M7.0M-1.7M
Net DEX-30.0M-214.7M79.6M-142.3M53.1M
Net VEX-1.0M-1.2M-933.4K-947.0K-976.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.343.700.342.11
Total Volume37,804.9525,412150,828122,1327,028
Total OI797,395.048554,016969,528836,664583,140

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$10.64$8.7540.3%11.3%49.1%27.2%44.1%1.7%1.5%7.0M-142.3M-947.0K0.347.92N/AN/A91,44030,692419,616417,048
2014-04-02$10.84$8.7541.0%11.3%48.0%28.8%39.5%1.5%1.5%8.1M-179.1M-941.6K0.678.38N/AN/A27,28018,392443,384427,368
2014-04-03$11.10$8.7538.0%11.5%48.3%22.0%40.0%1.9%2.1%6.9M-214.7M-933.4K0.538.88N/AN/A43,73223,092448,872436,380
2014-04-04$10.71$8.7538.3%11.5%50.5%22.8%41.3%3.7%2.1%5.2M-137.6M-982.0K2.518.67N/AN/A42,968107,860453,028451,156
2014-04-07$10.88$8.7545.6%11.7%50.6%39.2%46.6%3.8%0.9%2.9M-97.6M-1.2M3.707.68N/AN/A6,40023,672410,316546,356
2014-04-08$10.94$8.7546.4%11.7%50.5%40.8%0.0%4.4%0.1%3.0M-104.7M-1.2M0.749.05N/AN/A14,60410,816412,288557,240
2014-04-09$10.79$8.7536.6%11.7%51.0%18.8%44.3%3.8%0.1%3.8M-93.8M-1.1M3.337.90N/AN/A4,89216,268416,708535,972
2014-04-10$10.30$8.7541.5%12.0%52.2%29.9%44.9%3.4%0.2%1.8M-8.7M-1.1M0.459.85N/AN/A19,5128,828418,928543,220
2014-04-11$10.13$8.7540.6%12.0%50.1%27.9%50.9%4.0%2.1%1.5M24.7M-1.1M0.549.30N/AN/A24,91213,352416,552542,564
2014-04-14$10.29$8.7540.4%12.0%49.9%27.5%40.0%4.2%1.3%3.6M-9.5M-1.1M0.409.57N/AN/A10,3124,156407,256529,788
2014-04-15$10.36$8.7540.7%11.9%48.0%28.1%47.3%4.0%1.0%4.7M-20.9M-1.1M1.397.44N/AN/A6,3608,832408,088529,176
2014-04-16$10.19$8.7539.7%11.9%47.8%25.9%40.7%3.6%1.4%1.7M11.3M-1.0M0.637.70N/AN/A7,6444,844400,316523,040
2014-04-17$10.37$8.7541.8%12.1%47.7%30.6%51.2%3.6%0.2%-815.5K-9.6M-1.0M0.4614.26N/AN/A21,69210,032400,056522,412
2014-04-21$10.24$8.7542.4%11.9%47.4%31.9%44.0%4.3%2.0%-1.3M26.3M-1.0M0.5411.55N/AN/A28,54015,420186,992367,024
2014-04-22$10.57$8.7539.6%11.7%48.4%25.7%39.4%1.3%4.0%141.8K-978.6K-1.0M0.6061.67N/AN/A35,57621,176205,360378,552
2014-04-23$9.98$8.7538.2%11.8%53.1%22.4%40.3%3.9%4.5%-1.9M56.8M-1.0M0.749.64N/AN/A22,94017,016227,944388,996
2014-04-24$10.05$8.7538.0%11.8%52.3%22.0%41.6%3.7%4.7%-3.4M56.8M-1.0M0.588.65N/AN/A6,9724,024219,792396,556
2014-04-25$9.84$8.7536.6%11.8%50.6%18.7%42.8%2.9%5.4%-3.3M79.6M-985.2K1.388.92N/AN/A7,50410,320220,528396,872
2014-04-28$10.09$8.7541.1%11.9%41.3%29.0%46.5%3.3%4.5%-1.6M40.8M-990.9K0.509.08N/AN/A6,2803,112196,772378,752
2014-04-29$10.09$8.7540.1%11.9%41.1%26.7%47.1%3.4%4.7%-1.4M39.5M-993.1K0.5711.13N/AN/A3,4521,960201,040379,848
2014-04-30$9.92$8.7540.7%11.7%39.1%28.0%44.6%3.1%5.7%-1.7M53.1M-976.2K2.1111.09N/AN/A2,2604,768202,548380,592