GME Options History — August 2015

In August 2015, GME traded between $10.63 and $11.85. ATM implied volatility averaged 45.0%, placing in the 47.5% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 20.3% (HV 20d: 24.7%). Max pain ranged from $11.25 to $12.25. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.50.

Notable Days

  • 2015-08-27: Highest Volume — 95,180 contracts
  • 2015-08-28: Largest IV drop — 19.9% change
  • 2015-08-24: Highest IV Rank — 71.1%
  • 2015-08-24: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.34$10.63$11.85$11.24$10.63
Max Pain$12.08$11.25$12.25$11.25$11.75
ATM IV45.0%39.4%54.6%41.8%39.4%
Expected Move12.7%10.3%16.9%10.8%11.4%
HV 20d24.7%20.4%41.1%24.3%40.7%
HV 60d26.0%23.3%29.9%25.9%29.9%
IV Rank47.5%33.7%71.1%39.7%33.7%
IV Percentile68.1%45.2%91.3%59.1%45.2%
Term Structure-2.1%-4.4%1.4%-2.0%-0.3%
VWIV43.7%35.9%54.2%35.9%40.3%
Skew 25d4.6%1.3%11.7%1.3%4.3%
Skew 10d8.5%2.3%19.5%2.3%6.6%
Call IV 25d43.6%37.8%53.9%41.4%37.8%
Put IV 25d48.2%42.1%65.6%42.6%42.1%
Bid-Ask Spread %43.5615.3672.4172.4160.13
Gamma HHI0.090.060.380.070.10
Net GEX-174.7K-4.7M1.6M-285.2K-2.9M
Net DEX2.3M-39.3M64.5M3.8M52.1M
Net VEX-463.6K-484.7K-426.8K-465.9K-426.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.312.421.580.72
Total Volume36,039.0483,90495,18010,96868,768
Total OI331,320.19300,344398,680300,344362,560

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$11.24$11.2541.8%10.8%24.3%39.7%35.9%1.3%-2.0%-285.2K3.8M-465.9K1.5872.41N/AN/A4,2566,712127,452172,892
2015-08-04$11.38$11.2542.0%10.3%20.8%40.1%36.3%4.7%-2.1%-190.2K563.4K-475.3K2.3564.44N/AN/A9,03221,188130,180179,000
2015-08-05$11.60$11.2542.8%10.4%21.9%42.1%36.9%3.0%-2.8%162.5K-12.6M-477.6K1.4068.25N/AN/A15,68821,904131,564181,740
2015-08-06$11.35$12.2543.5%11.5%21.1%43.9%37.7%3.7%-2.5%66.1K1.1M-484.7K2.4247.29N/AN/A9,15222,132141,564184,736
2015-08-07$11.29$12.2543.3%11.5%21.1%43.3%39.6%3.6%-2.7%-110.6K5.5M-475.2K2.1133.10N/AN/A9,39619,864142,264185,344
2015-08-10$11.44$12.2542.5%11.5%21.5%41.5%39.8%3.8%-1.7%313.6K-6.0M-475.5K2.0636.25N/AN/A9,40419,340139,888184,596
2015-08-11$11.43$12.2542.7%11.7%21.0%42.0%41.0%5.0%-1.7%335.2K-4.3M-468.1K0.5935.63N/AN/A2,4601,444141,384185,892
2015-08-12$11.41$12.2542.5%11.7%21.0%41.5%40.2%4.0%-1.6%205.9K-3.4M-467.2K2.1034.62N/AN/A8,68418,216142,868186,936
2015-08-13$11.53$12.2542.9%11.8%20.4%42.3%37.8%2.1%-2.1%986.8K-15.0M-470.9K1.6632.72N/AN/A11,01618,248143,908186,700
2015-08-14$11.85$12.2543.8%12.3%22.4%44.5%44.2%3.4%-1.1%1.5M-39.3M-473.9K1.9536.10N/AN/A13,06025,404145,192187,156
2015-08-17$11.74$12.2544.4%12.6%22.7%46.0%45.3%2.8%-2.9%1.5M-27.3M-460.1K2.2643.04N/AN/A8,75219,772144,628188,164
2015-08-18$11.74$12.2544.0%12.5%22.7%45.1%43.4%2.7%-3.1%1.6M-27.9M-452.4K1.1819.31N/AN/A11,90413,988146,844190,928
2015-08-19$11.61$12.2544.3%12.7%22.9%45.9%45.2%3.7%-2.3%1.3M-14.0M-455.0K0.3115.36N/AN/A6,5322,008144,184192,564
2015-08-20$11.31$12.2548.4%14.0%24.6%55.9%48.1%4.8%-2.6%-13.6K7.4M-451.0K2.3516.91N/AN/A11,53227,112144,984193,076
2015-08-21$11.22$12.2550.2%14.7%22.1%60.4%50.4%7.1%-3.6%-4.7M18.5M-462.2K1.5639.63N/AN/A11,10017,368144,088201,940
2015-08-24$10.85$12.2554.6%16.9%25.1%71.1%53.7%11.7%-1.2%-718.1K30.3M-451.2K1.0665.05N/AN/A13,72014,480123,436182,948
2015-08-25$11.00$12.2551.1%15.7%25.7%62.6%54.0%6.1%-1.7%-516.7K19.9M-461.1K0.9943.25N/AN/A15,84015,732128,444184,600
2015-08-26$11.33$12.2549.4%15.1%27.5%58.3%52.6%7.7%-2.5%-181.2K5.0M-476.3K1.0847.09N/AN/A20,52422,236134,564188,708
2015-08-27$11.56$12.2550.6%15.1%28.3%61.3%54.2%8.3%-4.4%93.6K-10.3M-472.9K0.8347.36N/AN/A51,98443,196143,656197,472
2015-08-28$10.63$12.2540.5%11.7%41.1%36.5%40.4%2.3%1.4%-2.2M64.5M-431.2K1.0056.77N/AN/A46,84846,824174,832223,848
2015-08-31$10.63$11.7539.4%11.4%40.7%33.7%40.3%4.3%-0.3%-2.9M52.1M-426.8K0.7260.13N/AN/A40,04828,720148,892213,668