GME Options History — August 2014

In August 2014, GME traded between $9.91 and $10.79. ATM implied volatility averaged 39.6%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 2.9% (HV 20d: 36.7%). Max pain ranged from $8.75 to $11.25. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.92.

Notable Days

2014-08-21: Highest Volume — 127,108 contracts
2014-08-22: Largest IV drop — 24.0% change
2014-08-04: Highest IV Rank — 45.4%
2014-08-08: Largest Expected Move — 11.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.39	$9.91	$10.79	$10.30	$10.55
Max Pain	$10.59	$8.75	$11.25	$10.00	$10.00
ATM IV	39.6%	25.6%	46.7%	42.9%	25.6%
Expected Move	11.6%	11.0%	11.9%	11.7%	11.0%
HV 20d	36.7%	34.6%	42.3%	34.6%	35.9%
HV 60d	33.4%	32.1%	34.8%	33.4%	34.0%
IV Rank	30.3%	0.7%	45.4%	37.3%	0.7%
IV Percentile	57.2%	0.4%	89.3%	79.8%	0.4%
Term Structure	-0.1%	-2.9%	4.7%	4.7%	3.1%
VWIV	41.1%	38.1%	48.4%	39.9%	41.4%
Skew 25d	3.5%	1.8%	4.6%	1.8%	2.2%
Skew 10d	6.7%	2.2%	9.5%	3.3%	2.2%
Call IV 25d	40.4%	29.3%	46.2%	40.7%	31.0%
Put IV 25d	43.8%	32.4%	49.6%	42.6%	33.2%
Bid-Ask Spread %	10.45	6.01	13.12	13.04	11.62
Gamma HHI	0.15	0.11	0.43	0.13	0.13
Net GEX	-4.2M	-6.6M	7.6M	-5.2M	-4.3M
Net DEX	73.8M	1.6M	145.7M	97.4M	41.8M
Net VEX	-1.1M	-1.1M	-994.5K	-1.1M	-994.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.92	0.50	8.58	2.37	1.39
Total Volume	33,274.667	7,212	127,108	18,432	17,844
Total OI	712,928.381	655,480	821,580	683,192	734,624

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-08-01	$10.30	$10.00	42.9%	11.7%	34.6%	37.3%	39.9%	1.8%	4.7%	-5.2M	97.4M	-1.1M	2.37	13.04	N/A	N/A	5,464	12,968	195,388	487,804
2014-08-04	$10.42	$11.25	46.7%	11.7%	34.9%	45.4%	41.0%	4.1%	-2.4%	-5.2M	81.1M	-1.1M	0.50	12.80	N/A	N/A	6,456	3,236	189,604	485,664
2014-08-05	$10.33	$11.25	45.4%	11.7%	35.0%	42.5%	43.2%	3.6%	-1.9%	-5.2M	90.3M	-1.1M	2.00	13.12	N/A	N/A	2,464	4,928	194,044	486,592
2014-08-06	$10.38	$11.25	40.9%	11.7%	35.0%	32.9%	0.0%	3.3%	-1.4%	-5.1M	86.7M	-1.1M	8.58	10.09	N/A	N/A	1,672	14,344	194,556	487,500
2014-08-07	$10.22	$11.25	40.1%	11.7%	35.4%	31.2%	40.2%	3.4%	-1.6%	-5.3M	99.0M	-1.1M	5.72	10.02	N/A	N/A	4,216	24,120	195,492	483,192
2014-08-08	$10.18	$11.25	39.1%	11.9%	35.2%	29.2%	41.8%	3.5%	-2.2%	-6.0M	112.3M	-1.1M	2.70	8.56	N/A	N/A	8,492	22,936	196,328	493,276
2014-08-11	$10.41	$11.25	40.2%	11.8%	35.8%	31.6%	39.1%	4.5%	-2.1%	-5.9M	90.4M	-1.1M	0.62	8.72	N/A	N/A	9,112	5,632	196,748	506,100
2014-08-12	$10.23	$11.25	43.2%	11.8%	35.8%	38.0%	40.0%	3.7%	-1.7%	-5.9M	108.7M	-1.1M	0.97	8.79	N/A	N/A	8,848	8,552	202,776	508,104
2014-08-13	$10.34	$11.25	42.2%	11.8%	35.6%	35.8%	42.2%	4.2%	-1.5%	-5.5M	94.4M	-1.1M	1.62	8.91	N/A	N/A	3,676	5,940	210,156	510,404
2014-08-14	$10.46	$11.25	45.4%	11.8%	35.8%	42.5%	41.2%	3.6%	-1.6%	-5.2M	78.1M	-1.1M	0.64	9.31	N/A	N/A	14,584	9,380	209,144	508,904
2014-08-15	$9.91	$11.25	45.9%	11.7%	37.9%	43.6%	41.7%	3.5%	-1.7%	-6.6M	145.7M	-1.1M	1.70	11.75	N/A	N/A	23,436	39,772	221,404	513,832
2014-08-18	$10.16	$0.00	44.5%	11.8%	39.3%	40.6%	43.8%	4.6%	-2.5%	-4.4M	84.9M	-1.1M	0.90	6.01	N/A	N/A	21,924	19,656	187,000	468,480
2014-08-19	$10.22	$8.75	44.8%	11.9%	37.7%	41.2%	48.4%	4.0%	-2.8%	-4.2M	77.0M	-1.1M	3.41	8.70	N/A	N/A	10,168	34,636	198,412	481,944
2014-08-20	$10.33	$8.75	45.1%	11.9%	37.5%	41.9%	41.1%	4.5%	-2.9%	-4.8M	73.8M	-1.1M	1.33	9.00	N/A	N/A	16,460	21,940	204,104	511,864
2014-08-21	$10.12	$11.25	44.0%	11.8%	35.6%	39.6%	41.6%	4.0%	-1.9%	-5.4M	95.0M	-1.1M	0.84	10.53	N/A	N/A	69,072	58,036	216,068	525,200
2014-08-22	$10.72	$9.25	33.5%	11.2%	42.3%	17.3%	39.1%	2.4%	2.9%	7.6M	1.6M	-1.1M	0.89	12.43	N/A	N/A	60,384	53,504	256,392	565,188
2014-08-25	$10.60	$10.00	32.1%	11.4%	42.1%	14.4%	39.4%	2.6%	3.7%	-3.6M	35.4M	-1.1M	1.52	10.52	N/A	N/A	9,672	14,712	225,560	503,436
2014-08-26	$10.69	$10.25	29.8%	11.1%	36.9%	9.6%	38.3%	3.1%	4.0%	-3.3M	24.4M	-1.0M	0.79	11.71	N/A	N/A	11,036	8,760	227,992	507,040
2014-08-27	$10.75	$10.50	30.3%	11.0%	36.9%	10.5%	38.1%	3.3%	3.7%	-3.0M	18.8M	-1.0M	0.67	11.98	N/A	N/A	4,316	2,896	229,760	510,944
2014-08-28	$10.79	$10.50	30.1%	11.1%	35.5%	10.2%	40.7%	3.1%	3.9%	-2.4M	14.0M	-1.0M	1.24	11.94	N/A	N/A	10,512	13,012	229,088	511,388
2014-08-29	$10.55	$10.00	25.6%	11.0%	35.9%	0.7%	41.4%	2.2%	3.1%	-4.3M	41.8M	-994.5K	1.39	11.62	N/A	N/A	7,460	10,384	218,064	516,560