GME Options History — March 2015

In March 2015, GME traded between $9.39 and $10.34. ATM implied volatility averaged 44.4%, placing in the 46.5% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 18.9% (HV 20d: 25.5%). Max pain ranged from $9.50 to $10.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2015-03-26: Highest Volume — 184,644 contracts
  • 2015-03-27: Largest IV drop — 29.5% change
  • 2015-03-26: Highest IV Rank — 55.8%
  • 2015-03-26: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.99$9.39$10.34$9.68$9.50
Max Pain$9.95$9.50$10.00$9.75$10.00
ATM IV44.4%33.9%48.2%47.2%34.0%
Expected Move12.2%9.2%15.2%9.6%9.9%
HV 20d25.5%22.2%30.4%26.8%26.9%
HV 60d40.7%37.6%45.2%45.2%39.0%
IV Rank46.5%21.0%55.8%53.3%21.2%
IV Percentile63.5%9.9%81.0%77.4%11.5%
Term Structure-2.2%-3.3%0.3%-2.5%-0.5%
VWIV42.8%32.3%52.9%33.8%34.3%
Skew 25d4.2%1.8%6.4%6.4%1.8%
Skew 10d7.9%4.3%11.3%11.3%4.3%
Call IV 25d43.2%33.0%46.8%45.0%34.3%
Put IV 25d47.4%35.8%51.4%51.4%36.1%
Bid-Ask Spread %15.6110.9823.5423.5415.18
Gamma HHI0.120.070.210.090.10
Net GEX377.4K-2.1M2.2M-999.3K-1.2M
Net DEX-1.4M-33.5M67.6M17.3M60.8M
Net VEX-645.0K-684.2K-600.6K-601.6K-615.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.313.541.060.84
Total Volume52,269.2738,108184,64447,76064,436
Total OI544,766.182463,476662,472463,476597,960

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-03-02$9.68$9.7547.2%9.6%26.8%53.3%33.8%6.4%-2.5%-999.3K17.3M-601.6K1.0623.54N/AN/A23,19224,568178,604284,872
2015-03-03$9.68$9.5047.8%9.6%22.6%54.9%33.6%1.9%-2.9%-446.6K11.3M-600.6K1.2317.21N/AN/A27,63634,124190,180287,752
2015-03-04$10.01$9.6345.9%9.2%24.6%50.1%32.3%5.1%-3.3%-19.2K-18.5M-616.3K0.8821.44N/AN/A41,07636,136198,348295,464
2015-03-05$10.00$10.0046.2%12.2%22.2%50.8%41.3%4.3%-2.9%674.0K-18.9M-655.2K1.2016.49N/AN/A25,51630,596213,712306,400
2015-03-06$10.04$10.0045.2%12.0%22.2%48.6%40.1%3.4%-3.3%619.1K-23.0M-651.1K1.1613.10N/AN/A23,73627,620217,840311,848
2015-03-09$10.21$10.0045.2%12.3%22.5%48.4%44.1%3.5%-1.6%1.3M-33.5M-648.2K1.1216.92N/AN/A9,29210,452212,812305,272
2015-03-10$10.16$10.0046.1%12.4%22.6%50.6%44.2%3.5%-2.8%1.2M-28.7M-629.3K3.5415.48N/AN/A10,57237,460215,816310,580
2015-03-11$9.87$10.0046.5%12.8%24.8%51.5%45.5%5.6%-2.0%-187.7K14.4M-655.7K1.3018.32N/AN/A16,00420,784215,236321,144
2015-03-12$9.92$10.0046.4%12.7%24.5%51.3%46.1%4.0%-2.3%-55.4K11.3M-673.3K0.3915.16N/AN/A16,2086,296223,468332,360
2015-03-13$10.18$10.0045.5%12.5%25.4%49.3%47.5%4.9%-2.8%1.3M-16.8M-656.1K1.2615.29N/AN/A13,58817,068212,248336,996
2015-03-16$10.27$10.0045.5%12.8%25.5%49.1%44.8%4.8%-2.4%2.1M-31.5M-642.7K0.3113.14N/AN/A25,2407,884214,924331,420
2015-03-17$10.23$10.0046.0%13.1%25.6%50.4%45.4%5.0%-2.6%1.8M-27.1M-651.5K0.3112.66N/AN/A15,2164,716218,752334,800
2015-03-18$10.28$10.0046.3%13.3%25.6%51.2%47.0%5.3%-2.9%2.2M-33.4M-633.6K1.6415.61N/AN/A18,50830,356220,516336,120
2015-03-19$10.20$10.0045.8%13.2%26.0%49.9%47.6%4.2%-2.5%2.0M-17.6M-683.8K0.5313.44N/AN/A5,2922,816224,972355,276
2015-03-20$10.23$10.0045.4%13.2%25.9%49.0%46.5%5.5%-2.2%1.3M-16.7M-684.2K0.3814.84N/AN/A14,2925,380227,084357,036
2015-03-23$10.34$10.0044.3%13.3%25.8%46.3%47.4%4.4%-1.5%456.5K-27.2M-664.8K0.8515.58N/AN/A12,96810,996208,296306,064
2015-03-24$10.23$10.0044.9%13.8%26.2%47.8%47.8%3.9%-2.0%434.1K-19.1M-674.4K0.5513.71N/AN/A21,61211,828215,292312,256
2015-03-25$9.95$10.0046.3%14.5%28.5%51.1%50.0%5.1%-2.4%25.6K7.4M-668.0K0.5511.92N/AN/A29,04816,036225,668320,732
2015-03-26$9.72$10.0048.2%15.2%29.9%55.8%52.9%4.5%-2.5%-334.4K27.2M-663.3K0.7215.73N/AN/A107,61277,032244,572329,684
2015-03-27$9.59$10.0034.0%9.8%30.4%21.2%35.0%2.5%0.1%-1.8M63.4M-614.8K1.2317.73N/AN/A62,90877,280289,008373,464
2015-03-30$9.39$10.0033.9%9.8%26.5%21.0%34.8%2.8%0.3%-2.1M67.6M-606.4K0.8510.98N/AN/A41,36435,180233,252336,756
2015-03-31$9.50$10.0034.0%9.9%26.9%21.2%34.3%1.8%-0.5%-1.2M60.8M-615.1K0.8415.18N/AN/A35,02429,412250,516347,444