GME Options History — September 2014

In September 2014, GME traded between $10.30 and $11.31. ATM implied volatility averaged 33.7%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 1.0% (HV 20d: 34.7%). Max pain ranged from $10.00 to $10.75. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.71.

Notable Days

  • 2014-09-19: Highest Volume — 38,732 contracts
  • 2014-09-08: Largest IV spike — 18.7% change
  • 2014-09-09: Highest IV Rank — 26.4%
  • 2014-09-30: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.85$10.30$11.31$10.94$10.30
Max Pain$10.39$10.00$10.75$10.00$10.75
ATM IV33.7%28.6%37.8%31.4%37.2%
Expected Move10.9%10.7%11.1%10.8%11.1%
HV 20d34.7%27.7%39.7%37.8%27.7%
HV 60d33.0%31.3%34.6%34.6%33.4%
IV Rank17.7%7.0%26.4%12.8%25.2%
IV Percentile18.9%1.2%53.2%5.2%50.0%
Term Structure1.4%-0.3%4.5%2.3%-0.3%
VWIV38.8%36.6%44.3%38.3%38.5%
Skew 25d3.1%1.9%5.0%2.4%2.4%
Skew 10d5.6%1.8%8.5%5.0%3.9%
Call IV 25d32.9%29.8%36.4%31.0%36.4%
Put IV 25d36.0%32.7%38.8%33.4%38.8%
Bid-Ask Spread %14.3411.0419.6011.0413.88
Gamma HHI0.120.090.230.110.16
Net GEX-4.2M-10.8M-1.8M-3.2M-7.2M
Net DEX13.1M-50.8M93.9M-50.7K93.9M
Net VEX-846.9K-964.8K-775.3K-964.8K-781.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.710.376.350.621.43
Total Volume16,755.0484,50838,73222,6009,700
Total OI732,405.143678,024763,044726,592721,664

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$10.94$10.0031.4%10.8%37.8%12.8%38.3%2.4%2.3%-3.2M-50.7K-964.8K0.6211.04N/AN/A13,9208,680210,024516,568
2014-09-03$10.88$10.0033.6%10.9%37.7%17.5%38.5%2.3%2.9%-2.8M1.8M-960.1K1.2013.05N/AN/A5,4166,516216,620517,272
2014-09-04$11.11$10.0029.9%10.9%38.3%9.8%41.4%2.9%4.0%-2.1M-24.1M-928.3K3.7213.80N/AN/A5,30819,736217,728519,548
2014-09-05$11.31$10.0028.6%10.7%37.9%7.0%39.4%4.4%4.5%-1.8M-50.8M-882.2K0.7912.25N/AN/A10,5288,312218,764522,812
2014-09-08$11.07$10.0034.0%10.9%38.9%18.3%39.2%3.4%4.4%-2.3M-22.1M-877.4K2.1313.43N/AN/A7,33215,648216,448520,344
2014-09-09$10.79$10.2537.8%11.0%39.7%26.4%0.0%2.5%3.9%-3.7M18.4M-908.2K2.4613.91N/AN/A4,62011,348216,800529,188
2014-09-10$10.79$10.2532.1%10.9%39.0%14.3%39.2%3.9%4.0%-4.2M23.2M-902.3K0.9113.76N/AN/A5,4885,016218,376536,308
2014-09-11$10.99$10.2533.2%10.8%39.4%16.7%41.3%4.4%0.5%-3.5M-997.2K-882.9K0.3713.79N/AN/A7,7442,872218,032534,796
2014-09-12$10.90$10.5032.9%10.9%39.4%16.1%37.5%2.6%0.3%-3.0M4.5M-876.5K0.8813.88N/AN/A6,2125,484222,148535,516
2014-09-15$10.88$10.5034.3%10.9%33.6%18.9%37.8%3.3%0.4%-3.7M9.7M-866.2K0.9214.53N/AN/A2,3482,160222,272535,428
2014-09-16$11.21$10.5033.4%10.8%34.0%17.1%36.6%2.7%-0.1%-1.9M-40.2M-800.0K0.6014.00N/AN/A10,8486,512222,496535,356
2014-09-17$11.01$10.5033.2%10.9%35.0%16.8%36.8%2.4%1.4%-3.1M-8.8M-830.6K2.4219.60N/AN/A2,9727,184225,140537,904
2014-09-18$11.06$10.5033.3%10.9%34.9%16.9%37.1%3.8%0.1%-3.3M-11.1M-797.5K1.5716.01N/AN/A3,5205,536218,068539,376
2014-09-19$10.85$10.5034.1%11.0%34.8%18.5%38.1%1.9%0.3%-4.4M17.2M-793.3K1.4513.76N/AN/A15,83222,900219,012540,652
2014-09-22$10.85$10.5034.0%11.0%28.3%18.4%38.2%3.3%0.2%-3.9M16.8M-795.9K0.9816.08N/AN/A8,6448,492184,904493,120
2014-09-23$10.60$10.5034.7%11.0%29.3%19.9%37.7%2.7%0.2%-5.2M43.6M-800.9K1.3416.31N/AN/A9,66412,928189,408498,772
2014-09-24$10.79$10.5034.2%10.8%29.9%18.8%38.3%5.0%-0.1%-4.7M24.8M-783.4K0.4814.85N/AN/A7,5563,656187,976507,216
2014-09-25$10.52$10.7534.7%11.0%31.2%19.9%37.6%2.1%0.2%-6.4M56.1M-794.6K2.5213.85N/AN/A3,2128,100192,136509,076
2014-09-26$10.51$10.7535.0%10.9%31.2%20.6%44.3%3.7%0.1%-10.8M57.7M-782.6K6.3514.39N/AN/A4,58029,104194,064510,008
2014-09-29$10.52$10.7535.7%11.0%30.1%22.1%39.9%3.6%0.1%-6.1M64.6M-775.3K2.8014.98N/AN/A4,27611,952190,888518,280
2014-09-30$10.30$10.7537.2%11.1%27.7%25.2%38.5%2.4%-0.3%-7.2M93.9M-781.3K1.4313.88N/AN/A3,9965,704193,124528,540