GME Options History — May 2014

In May 2014, GME traded between $8.96 and $9.98. ATM implied volatility averaged 39.6%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 0.1% (HV 20d: 39.5%). Max pain ranged from $8.75 to $8.75. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.52.

Notable Days

  • 2014-05-23: Highest Volume — 206,060 contracts
  • 2014-05-15: Largest IV spike — 44.4% change
  • 2014-05-22: Highest IV Rank — 47.5%
  • 2014-05-09: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.33$8.96$9.98$9.81$9.46
Max Pain$8.75$8.75$8.75$8.75$8.75
ATM IV39.6%31.9%49.3%36.0%32.3%
Expected Move11.8%11.2%12.2%11.8%11.2%
HV 20d39.5%35.8%42.2%38.3%39.6%
HV 60d42.3%40.5%43.4%40.7%42.1%
IV Rank25.6%8.2%47.5%17.4%9.0%
IV Percentile46.4%4.8%91.3%27.4%6.3%
Term Structure-1.5%-6.3%6.7%6.3%1.9%
VWIV42.1%35.9%44.3%40.9%42.5%
Skew 25d3.9%2.2%5.1%2.6%2.9%
Skew 10d7.3%4.6%10.4%4.7%6.1%
Call IV 25d41.5%33.3%47.8%36.9%33.3%
Put IV 25d45.4%35.9%51.3%39.5%36.2%
Bid-Ask Spread %10.257.4715.439.769.68
Gamma HHI0.120.090.170.110.14
Net GEX-3.4M-5.1M1.9M-2.0M-4.7M
Net DEX104.2M25.0M149.1M62.5M94.7M
Net VEX-897.0K-967.0K-852.9K-961.7K-892.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.373.670.430.79
Total Volume40,808.95210,020206,06011,74012,404
Total OI632,904.19551,104806,000584,696671,268

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$9.81$8.7536.0%11.8%38.3%17.4%40.9%2.6%6.3%-2.0M62.5M-961.7K0.439.76N/AN/A8,2323,508203,524381,172
2014-05-02$9.98$8.7534.6%11.7%37.7%14.2%42.7%2.7%6.7%757.2K49.8M-967.0K1.218.46N/AN/A4,5325,488204,548383,000
2014-05-05$9.54$8.7542.4%11.8%38.9%31.8%43.1%4.8%-3.2%-2.9M86.3M-916.2K3.318.50N/AN/A7,88826,148199,876383,252
2014-05-06$9.41$8.7544.0%11.7%38.1%35.6%41.7%5.0%-3.2%-3.7M105.5M-914.1K2.439.75N/AN/A3,2607,912203,196400,976
2014-05-07$8.96$8.7542.7%12.1%40.6%32.7%40.5%5.1%-2.8%-3.8M139.4M-861.8K3.6713.14N/AN/A9,07633,336204,800404,292
2014-05-08$9.01$8.7539.0%12.1%40.9%24.2%40.7%4.8%-3.4%-4.6M147.1M-885.5K1.0311.60N/AN/A7,0407,236207,572426,232
2014-05-09$9.14$8.7536.5%12.2%39.2%18.7%44.1%4.9%-2.5%-4.3M135.9M-911.5K1.539.07N/AN/A5,1367,844210,880427,276
2014-05-12$9.21$8.7537.4%12.1%39.3%20.7%43.5%4.6%-3.0%-4.8M128.6M-895.0K1.627.47N/AN/A4,1886,796206,360423,056
2014-05-13$9.46$8.7534.6%11.8%40.3%14.3%44.3%4.1%-2.9%-4.9M108.9M-912.7K0.908.41N/AN/A6,2565,636207,228424,484
2014-05-14$9.12$8.7531.9%12.1%41.7%8.2%43.5%4.2%-3.0%-5.1M138.4M-871.4K3.389.10N/AN/A3,01610,192210,428427,348
2014-05-15$8.97$8.7546.1%12.1%41.7%40.2%42.4%4.9%-3.2%-4.9M149.1M-852.9K1.858.49N/AN/A11,86821,964209,084428,176
2014-05-16$9.05$8.7545.9%12.1%41.2%39.7%43.8%4.9%-3.4%-4.4M141.8M-860.8K1.338.68N/AN/A6,0608,048214,952430,016
2014-05-19$9.24$8.7545.2%12.0%42.2%38.2%43.7%4.7%-4.0%-4.0M108.4M-861.7K1.1011.15N/AN/A18,08019,836155,052396,052
2014-05-20$9.11$8.7546.3%11.9%40.1%40.7%43.0%3.4%-4.2%-3.8M115.7M-862.4K0.6011.55N/AN/A13,7568,276168,964410,520
2014-05-21$9.23$8.7548.1%12.0%36.1%44.9%40.8%4.1%-4.6%-3.6M103.4M-888.9K0.3913.07N/AN/A96,85637,564179,204416,008
2014-05-22$9.22$8.7549.3%12.0%35.8%47.5%43.7%3.5%-6.3%-2.0M91.6M-921.3K1.1812.82N/AN/A71,36083,872253,296440,888
2014-05-23$9.61$8.7534.6%11.5%38.7%14.2%41.0%2.2%0.8%1.9M25.0M-914.7K0.3715.43N/AN/A150,36855,692305,660500,340
2014-05-27$9.32$8.7535.4%11.7%38.7%16.1%35.9%2.5%1.0%-3.6M97.1M-882.2K1.259.40N/AN/A10,95613,644222,040426,908
2014-05-28$9.55$8.7535.1%11.3%40.0%15.5%40.7%3.4%0.8%-3.1M75.8M-904.4K2.599.49N/AN/A8,32421,532224,308433,068
2014-05-29$9.54$8.7534.0%11.3%39.7%13.1%41.9%2.2%1.5%-4.4M84.0M-898.3K1.0710.33N/AN/A6,6607,148216,440449,244
2014-05-30$9.46$8.7532.3%11.2%39.6%9.0%42.5%2.9%1.9%-4.7M94.7M-892.4K0.799.68N/AN/A6,9485,456218,264453,004