GME Options History — April 2015

In April 2015, GME traded between $9.45 and $10.21. ATM implied volatility averaged 35.0%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 11.0% (HV 20d: 23.9%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.91.

Notable Days

  • 2015-04-29: Highest Volume — 72,140 contracts
  • 2015-04-20: Largest IV spike — 7.5% change
  • 2015-04-30: Highest IV Rank — 36.2%
  • 2015-04-06: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.92$9.45$10.21$9.45$9.63
Max Pain$11.45$10.00$12.50$10.00$11.25
ATM IV35.0%30.1%40.2%33.3%40.2%
Expected Move8.8%8.0%9.9%9.7%9.1%
HV 20d23.9%20.2%26.3%23.5%23.7%
HV 60d30.2%23.8%38.7%38.7%23.9%
IV Rank23.6%11.7%36.2%19.6%36.2%
IV Percentile22.4%2.0%50.0%7.9%50.0%
Term Structure2.1%-1.6%10.5%0.2%0.7%
VWIV30.8%25.6%35.2%33.5%32.6%
Skew 25d2.7%0.8%6.1%2.2%4.0%
Skew 10d6.7%2.9%44.2%2.9%44.2%
Call IV 25d34.3%29.5%39.7%33.2%39.7%
Put IV 25d37.0%31.0%43.7%35.4%43.7%
Bid-Ask Spread %16.9012.6622.5317.8722.53
Gamma HHI0.130.090.350.100.10
Net GEX-107.2K-2.8M4.0M-1.3M-2.8M
Net DEX30.8M-3.9M69.5M69.5M65.8M
Net VEX-562.7K-633.3K-515.2K-633.3K-561.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.481.450.760.87
Total Volume45,02416,59672,14054,94444,892
Total OI517,273.905362,932628,924625,036437,028

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$9.45$10.0033.3%9.7%23.5%19.6%33.5%2.2%0.2%-1.3M69.5M-633.3K0.7617.87N/AN/A31,17223,772265,596359,440
2015-04-02$9.55$12.5033.1%9.7%24.0%18.9%33.3%2.0%0.0%-1.2M60.9M-632.4K0.8014.58N/AN/A27,74422,160268,344360,580
2015-04-06$9.59$12.5033.8%9.9%24.0%20.6%35.2%3.0%1.3%-720.0K54.7M-597.7K0.7614.64N/AN/A28,15621,344246,724350,320
2015-04-07$9.49$12.5033.2%9.7%23.1%19.2%33.6%2.2%0.6%-1.1M65.3M-593.7K0.7412.66N/AN/A26,58819,600253,348352,816
2015-04-08$9.68$11.2533.3%9.7%24.6%19.4%34.2%2.6%0.6%464.8K47.1M-590.4K0.4816.61N/AN/A11,2405,356251,452355,268
2015-04-09$9.98$11.0031.8%9.2%25.2%15.8%33.4%2.2%0.2%2.1M10.6M-609.9K0.6716.77N/AN/A28,60819,148251,076357,592
2015-04-10$10.09$11.2531.0%8.9%25.4%13.9%31.4%2.4%0.5%2.6M-3.9M-571.1K0.7913.72N/AN/A27,30021,684244,700359,016
2015-04-13$10.13$11.5031.2%9.0%23.7%14.3%31.5%2.3%7.7%2.9M619.0K-567.2K0.8415.66N/AN/A25,70421,688238,856358,452
2015-04-14$10.10$11.0030.9%8.9%23.5%13.5%31.4%2.3%8.6%2.8M6.1M-549.2K1.1413.89N/AN/A20,32023,240238,128361,716
2015-04-15$10.21$12.5030.1%8.6%23.8%11.7%31.4%1.9%9.9%3.4M-2.0M-538.7K0.7614.98N/AN/A30,89223,492239,380366,668
2015-04-16$10.21$12.5031.6%8.5%23.7%15.3%29.0%1.5%10.5%4.0M-2.3M-539.4K0.6519.37N/AN/A37,87624,444234,772368,364
2015-04-17$9.92$11.5033.9%8.6%25.7%20.9%29.8%1.8%9.4%-1.6M48.7M-534.4K0.8416.56N/AN/A29,29624,640230,992372,072
2015-04-20$10.06$11.5036.4%8.2%26.3%27.1%28.6%0.8%-0.7%-1.4M21.0M-515.2K0.9017.48N/AN/A22,38020,044127,492235,440
2015-04-21$10.02$11.0038.2%8.5%26.0%31.4%30.0%3.0%-0.1%-1.3M27.6M-548.5K1.4518.64N/AN/A16,39223,740134,764242,536
2015-04-22$10.05$11.0038.5%8.3%25.8%32.2%27.2%3.4%-0.6%-1.4M27.2M-540.0K1.1319.93N/AN/A17,94420,292138,148250,068
2015-04-23$10.07$11.0038.1%8.0%23.9%31.3%27.6%2.8%-0.8%-1.2M26.5M-545.8K0.9617.75N/AN/A14,91214,296143,424253,124
2015-04-24$10.18$11.0038.0%8.1%22.3%31.0%25.6%1.6%-1.3%-1.4M17.5M-534.7K1.0814.01N/AN/A17,97219,360146,696254,400
2015-04-27$10.07$11.2539.0%8.4%22.0%33.3%26.9%3.7%-0.3%-1.4M28.2M-533.8K1.2416.03N/AN/A14,85618,416145,424254,736
2015-04-28$10.09$11.2539.7%8.3%20.2%35.1%31.4%6.1%-1.6%-1.4M29.0M-537.8K1.2619.56N/AN/A14,34018,064148,112256,912
2015-04-29$9.82$11.2539.4%8.5%22.6%34.3%30.0%3.9%-0.3%-2.2M48.9M-541.9K1.1021.54N/AN/A34,40837,732149,264259,512
2015-04-30$9.63$11.2540.2%9.1%23.7%36.2%32.6%4.0%0.7%-2.8M65.8M-561.3K0.8722.53N/AN/A24,06820,824161,456275,572