GME Options History — May 2015

In May 2015, GME traded between $9.77 and $10.90. ATM implied volatility averaged 38.4%, placing in the 31.8% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 13.6% (HV 20d: 24.8%). Max pain ranged from $9.75 to $11.25. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 1.27.

Notable Days

  • 2015-05-29: Highest Volume — 184,468 contracts
  • 2015-05-29: Largest IV drop — 28.0% change
  • 2015-05-26: Highest IV Rank — 37.2%
  • 2015-05-28: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.02$9.77$10.90$9.79$10.90
Max Pain$10.40$9.75$11.25$11.25$10.25
ATM IV38.4%29.0%40.6%38.8%29.0%
Expected Move10.7%8.5%13.2%8.6%8.5%
HV 20d24.8%23.3%32.9%24.1%32.9%
HV 60d24.7%23.4%27.3%23.4%27.3%
IV Rank31.8%9.1%37.2%32.9%9.1%
IV Percentile42.8%1.2%55.2%45.6%1.2%
Term Structure-1.6%-2.6%-0.4%-0.4%-0.7%
VWIV37.8%31.9%45.1%32.3%31.9%
Skew 25d4.1%2.4%5.8%3.4%2.4%
Skew 10d7.6%5.5%11.7%11.7%5.5%
Call IV 25d36.4%28.8%38.9%37.9%28.8%
Put IV 25d40.5%31.1%43.1%41.3%31.1%
Bid-Ask Spread %15.8312.1719.3013.7718.12
Gamma HHI0.100.080.150.090.15
Net GEX-1.2M-2.8M811.0K-2.7M811.0K
Net DEX23.1M-111.3M64.4M54.5M-111.3M
Net VEX-552.2K-586.3K-487.9K-571.3K-487.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.563.520.881.03
Total Volume58,213.812,528184,46840,888184,468
Total OI483,719.4433,948594,660450,468594,660

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-05-01$9.79$11.2538.8%8.6%24.1%32.9%32.3%3.4%-0.4%-2.7M54.5M-571.3K0.8813.77N/AN/A21,72019,168168,060282,408
2015-05-04$10.03$11.0039.3%10.4%25.4%34.1%35.1%4.0%-2.0%-2.1M34.3M-550.9K0.5613.55N/AN/A8,0084,520160,728278,668
2015-05-05$10.00$10.7539.4%10.5%25.1%34.3%36.7%3.8%-1.7%-2.0M32.5M-551.8K0.8516.00N/AN/A17,60414,960169,064282,300
2015-05-06$9.78$10.7540.3%10.8%25.7%36.6%37.8%4.6%-2.0%-2.6M52.9M-556.4K0.8715.73N/AN/A17,07614,852171,732283,156
2015-05-07$9.87$10.7540.3%10.9%23.4%36.6%37.6%4.3%-2.3%-2.3M44.4M-552.8K1.2414.59N/AN/A20,75625,836174,440285,440
2015-05-08$10.05$10.7539.8%10.7%23.9%35.2%37.2%4.6%-1.5%-1.7M34.7M-557.2K1.2414.88N/AN/A8,16010,084174,532296,600
2015-05-11$9.94$10.7539.1%10.6%24.2%33.6%36.2%3.9%-1.7%-2.1M47.6M-538.4K3.5215.88N/AN/A5,31218,704170,140299,236
2015-05-12$9.77$10.7539.5%10.7%24.9%34.5%37.2%3.9%-1.3%-2.8M64.4M-533.2K2.0912.17N/AN/A18,98039,612175,536301,260
2015-05-13$9.80$10.5038.0%10.4%24.5%30.9%37.1%4.8%-1.2%-2.6M60.8M-525.7K1.6014.42N/AN/A20,77633,324179,108298,320
2015-05-14$9.79$10.5037.3%10.3%24.5%29.2%35.7%3.5%-1.3%-2.6M62.0M-525.7K1.3314.98N/AN/A26,46435,092184,144302,904
2015-05-15$10.02$10.2536.4%10.2%23.9%27.1%36.0%4.2%-0.8%-859.3K29.7M-530.7K0.9112.94N/AN/A29,23626,620195,348309,556
2015-05-18$10.06$10.0037.8%10.6%23.4%30.4%38.7%3.8%-1.9%-321.2K11.7M-537.2K0.9617.44N/AN/A30,81229,724174,276259,672
2015-05-19$10.08$9.7537.3%10.6%23.3%29.1%36.8%4.8%-1.3%199.8K8.9M-574.5K0.9918.73N/AN/A6,3166,248199,596285,428
2015-05-20$10.04$10.0037.6%10.8%23.4%30.0%38.0%4.2%-1.7%342.5K12.3M-578.1K1.4018.09N/AN/A19,66027,580205,712289,652
2015-05-21$10.19$10.0038.3%11.1%24.0%31.6%39.9%4.6%-1.8%754.4K-7.5M-583.2K1.5617.63N/AN/A20,62832,080210,936292,452
2015-05-22$10.21$10.0038.4%11.2%23.7%31.8%39.4%5.8%-2.6%-261.2K-12.4M-586.3K1.2616.92N/AN/A24,29630,520217,068297,252
2015-05-26$10.04$10.0040.6%12.4%24.2%37.2%43.6%4.6%-1.9%-339.2K14.2M-569.3K0.9619.30N/AN/A31,26429,916203,212284,600
2015-05-27$9.87$10.0039.7%12.2%24.9%35.1%43.5%3.8%-2.0%-459.3K33.7M-564.1K1.2612.25N/AN/A31,88440,292207,132290,832
2015-05-28$10.22$10.0040.3%13.2%26.0%36.5%45.1%3.8%-1.9%-311.2K-4.8M-568.4K0.8019.12N/AN/A100,76880,956215,536303,692
2015-05-29$10.90$10.2529.0%8.5%32.9%9.1%31.9%2.4%-0.7%811.0K-111.3M-487.9K1.0318.12N/AN/A90,86893,600243,344351,316