GME Options History — January 2016

In January 2016, GME traded between $6.26 and $7.35. ATM implied volatility averaged 48.8%, placing in the 59.5% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 13.9% (HV 20d: 34.9%). Max pain ranged from $6.50 to $7.75. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.31.

Notable Days

2016-01-11: Highest Volume — 89,532 contracts
2016-01-15: Largest IV drop — 10.2% change
2016-01-14: Highest IV Rank — 84.6%
2016-01-08: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.69	$6.26	$7.35	$7.08	$6.41
Max Pain	$7.18	$6.50	$7.75	$7.75	$6.50
ATM IV	48.8%	41.2%	57.0%	53.4%	41.7%
Expected Move	13.4%	11.6%	15.0%	14.1%	11.6%
HV 20d	34.9%	31.2%	38.5%	34.2%	38.4%
HV 60d	48.7%	47.4%	49.7%	47.4%	49.2%
IV Rank	59.5%	41.6%	84.6%	68.1%	43.2%
IV Percentile	78.3%	56.3%	96.4%	89.7%	57.9%
Term Structure	-1.9%	-13.1%	0.6%	-2.0%	-0.8%
VWIV	46.4%	41.7%	53.1%	47.9%	43.0%
Skew 25d	6.4%	4.6%	9.0%	7.1%	6.7%
Skew 10d	13.1%	6.2%	20.4%	12.9%	13.7%
Call IV 25d	46.1%	38.5%	53.8%	50.1%	38.7%
Put IV 25d	52.6%	44.5%	62.6%	57.2%	45.3%
Bid-Ask Spread %	23.35	12.68	45.04	14.53	22.05
Gamma HHI	0.28	0.13	0.46	0.13	0.35
Net GEX	-1.6M	-2.5M	-643.1K	-2.1M	-761.8K
Net DEX	121.0M	47.7M	211.0M	162.8M	51.1M
Net VEX	-283.8K	-322.6K	-239.4K	-300.8K	-239.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.31	0.31	3.50	2.32	1.16
Total Volume	40,814.526	23,260	89,532	59,240	23,260
Total OI	472,848.842	273,476	694,940	588,980	277,076

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2016-01-04	$7.08	$7.75	53.4%	14.1%	34.2%	68.1%	47.9%	7.1%	-2.0%	-2.1M	162.8M	-300.8K	2.32	14.53	N/A	N/A	17,868	41,372	206,112	382,868
2016-01-05	$7.20	$7.50	52.3%	13.7%	34.2%	65.4%	47.6%	6.2%	-2.1%	-2.1M	156.7M	-309.2K	1.59	15.20	N/A	N/A	13,700	21,840	210,144	389,584
2016-01-06	$7.09	$7.50	52.8%	14.1%	34.3%	66.5%	48.7%	6.4%	-2.2%	-2.2M	161.1M	-307.0K	1.52	15.78	N/A	N/A	12,428	18,840	213,212	392,392
2016-01-07	$7.13	$7.50	56.3%	14.8%	33.2%	75.1%	52.4%	9.0%	-2.7%	-2.2M	158.7M	-302.6K	1.56	17.93	N/A	N/A	13,924	21,668	214,012	393,192
2016-01-08	$7.09	$7.50	55.7%	15.0%	31.2%	73.7%	53.1%	7.4%	-2.8%	-2.2M	160.8M	-305.5K	1.35	22.93	N/A	N/A	16,024	21,576	216,172	394,948
2016-01-11	$7.35	$7.50	53.6%	14.7%	34.6%	68.5%	51.6%	7.0%	-1.1%	-2.1M	144.6M	-298.5K	1.80	15.74	N/A	N/A	31,972	57,560	212,392	389,296
2016-01-12	$6.97	$7.50	52.3%	14.3%	32.1%	65.3%	42.8%	5.6%	-3.7%	-2.5M	179.1M	-322.6K	0.89	44.08	N/A	N/A	30,816	27,336	229,904	427,856
2016-01-13	$6.74	$7.50	52.7%	14.4%	33.6%	66.4%	49.6%	7.4%	-0.6%	-2.5M	190.1M	-312.3K	0.86	45.04	N/A	N/A	20,484	17,648	240,380	431,044
2016-01-14	$6.41	$7.50	57.0%	14.0%	36.6%	84.6%	50.2%	8.8%	-13.1%	-2.3M	208.1M	-276.3K	1.66	37.23	N/A	N/A	21,148	35,156	244,376	435,580
2016-01-15	$6.42	$7.50	51.2%	14.1%	36.7%	68.9%	48.0%	6.1%	-4.2%	-1.2M	211.0M	-285.1K	0.97	39.30	N/A	N/A	22,420	21,812	247,316	447,624
2016-01-19	$6.38	$7.50	48.0%	13.8%	33.6%	60.2%	44.3%	4.9%	-1.0%	-1.3M	74.2M	-276.4K	0.84	20.70	N/A	N/A	17,180	14,484	86,444	208,208
2016-01-20	$6.29	$7.50	45.8%	13.1%	33.5%	54.1%	45.8%	5.4%	0.6%	-1.4M	77.6M	-267.2K	0.31	18.27	N/A	N/A	36,040	11,196	90,744	212,440
2016-01-21	$6.33	$6.75	44.6%	12.8%	33.6%	50.9%	43.8%	6.1%	-0.6%	-1.2M	71.8M	-282.0K	0.77	20.18	N/A	N/A	15,144	11,588	107,896	213,576
2016-01-22	$6.41	$6.75	41.8%	12.0%	34.2%	43.3%	41.7%	5.4%	-0.5%	-1.2M	69.6M	-283.5K	3.50	14.06	N/A	N/A	13,304	46,544	110,432	213,468
2016-01-25	$6.26	$6.75	43.6%	12.4%	34.5%	48.4%	43.0%	6.6%	0.6%	-1.2M	68.7M	-267.1K	0.67	12.68	N/A	N/A	15,220	10,172	98,792	203,104
2016-01-26	$6.52	$6.50	41.9%	12.0%	38.3%	43.6%	42.5%	4.6%	0.5%	-1.0M	55.0M	-272.7K	1.13	26.81	N/A	N/A	13,164	14,848	103,156	192,388
2016-01-27	$6.54	$6.50	41.2%	11.9%	38.3%	41.6%	43.2%	6.2%	0.6%	-643.1K	47.7M	-243.3K	0.88	20.97	N/A	N/A	12,876	11,316	105,948	167,528
2016-01-28	$6.43	$6.50	41.6%	11.8%	38.5%	42.7%	42.9%	5.5%	-0.2%	-702.2K	50.2M	-240.2K	1.10	20.08	N/A	N/A	11,204	12,344	106,776	167,748
2016-01-29	$6.41	$6.50	41.7%	11.6%	38.4%	43.2%	43.0%	6.7%	-0.8%	-761.8K	51.1M	-239.4K	1.16	22.05	N/A	N/A	10,776	12,484	107,204	169,872