GME Options History — April 2016

In April 2016, GME traded between $7.28 and $8.35. ATM implied volatility averaged 38.3%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 5.2% (HV 20d: 33.0%). Max pain ranged from $7.50 to $8.25. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2016-04-14: Highest Volume — 107,072 contracts
  • 2016-04-25: Largest IV spike — 9.8% change
  • 2016-04-29: Highest IV Rank — 48.6%
  • 2016-04-08: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.90$7.28$8.35$7.84$8.21
Max Pain$7.92$7.50$8.25$8.00$8.25
ATM IV38.3%34.0%43.7%35.8%43.7%
Expected Move10.8%9.8%11.8%10.8%11.1%
HV 20d33.0%27.3%40.7%40.7%27.7%
HV 60d38.3%35.5%41.0%40.7%35.6%
IV Rank33.8%22.2%48.6%27.1%48.6%
IV Percentile38.4%21.0%63.9%31.0%63.9%
Term Structure2.1%-0.7%6.6%-0.7%2.2%
VWIV38.0%34.5%40.3%37.6%39.0%
Skew 25d3.8%2.5%7.0%3.5%6.1%
Skew 10d6.7%-2.5%14.2%4.2%9.5%
Call IV 25d37.0%33.2%41.4%35.8%40.2%
Put IV 25d40.8%36.3%46.6%39.3%46.3%
Bid-Ask Spread %14.398.9021.8711.8915.51
Gamma HHI0.120.090.230.090.10
Net GEX236.3K-1.5M3.0M-215.4K-663.5K
Net DEX23.2M-2.5M70.6M23.3M20.4M
Net VEX-340.0K-365.2K-318.4K-365.2K-360.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.411.600.870.90
Total Volume46,626.85726,948107,07238,76892,124
Total OI409,884.381306,168505,632489,284370,552

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-04-01$7.84$8.0035.8%10.8%40.7%27.1%37.6%3.5%-0.7%-215.4K23.3M-365.2K0.8711.89N/AN/A20,76418,004186,676302,608
2016-04-04$7.73$7.5038.3%11.3%37.5%34.0%39.7%3.4%-0.4%-140.8K32.7M-351.1K0.7512.00N/AN/A21,18015,824175,592249,692
2016-04-05$7.57$7.5038.5%11.6%37.9%34.3%39.9%4.0%-0.2%-377.8K44.9M-352.2K0.838.90N/AN/A15,99213,324187,124253,592
2016-04-06$7.54$7.5038.2%11.2%37.3%33.7%39.1%3.2%-0.3%-543.8K48.6M-345.7K1.2515.45N/AN/A18,56423,284192,644256,840
2016-04-07$7.28$7.5039.0%11.5%36.4%35.7%39.5%3.5%-0.5%-1.4M70.6M-325.2K0.5913.70N/AN/A21,14812,416199,664263,988
2016-04-08$7.37$7.5038.3%11.8%34.9%33.8%39.0%3.1%-0.1%-1.5M64.1M-330.5K0.4312.72N/AN/A40,41217,444206,180265,276
2016-04-11$7.47$7.5038.1%11.5%34.6%33.4%39.9%2.5%1.8%-40.9K48.2M-329.4K0.6813.51N/AN/A23,16015,736212,276263,716
2016-04-12$7.52$7.5039.1%11.5%33.4%36.0%39.7%2.7%0.9%197.6K43.8M-326.6K0.5112.68N/AN/A22,90411,680216,124267,300
2016-04-13$7.87$7.5037.5%11.2%36.1%31.8%39.8%3.0%2.2%2.1M4.2M-336.0K0.4119.58N/AN/A46,50819,128228,680268,952
2016-04-14$7.90$7.5036.1%11.2%33.6%27.9%40.3%3.0%4.2%3.0M-2.5M-325.0K0.6521.47N/AN/A64,73242,340228,884267,440
2016-04-15$7.94$8.2534.7%10.1%33.6%24.2%35.9%2.8%1.2%536.3K2.4M-321.4K0.4212.54N/AN/A37,54815,916223,472282,160
2016-04-18$8.04$8.2534.6%9.9%32.4%23.8%35.9%3.0%6.6%616.1K18.5M-318.4K0.7214.15N/AN/A21,02815,192120,532185,636
2016-04-19$8.10$8.2534.0%9.8%32.3%22.2%34.5%3.0%5.4%1.0M12.9M-325.0K0.9810.84N/AN/A15,86815,560129,632186,404
2016-04-20$8.23$8.2534.7%10.0%29.9%24.2%36.6%3.7%5.9%884.9K3.6M-329.2K0.7715.49N/AN/A22,94817,732131,884188,788
2016-04-21$8.07$8.2536.9%10.4%31.1%30.0%36.2%4.0%4.9%1.6M11.6M-337.2K1.6012.85N/AN/A18,90430,248141,364192,848
2016-04-22$8.15$8.2538.0%10.3%31.0%33.1%36.2%2.8%5.2%-280.1K9.4M-352.8K0.6916.62N/AN/A26,64418,356142,896208,888
2016-04-25$8.19$8.2541.8%10.8%30.9%43.3%38.9%5.2%1.4%127.4K12.9M-354.1K1.0913.54N/AN/A15,68417,068137,684204,920
2016-04-26$8.32$8.2543.0%10.5%27.4%46.5%37.6%7.0%-0.6%38.7K4.7M-359.9K0.7814.00N/AN/A15,10011,848142,176211,916
2016-04-27$8.35$8.2541.6%10.0%27.3%42.8%35.9%4.5%3.7%-16.0K1.5M-354.2K0.5621.87N/AN/A23,74813,288143,228214,024
2016-04-28$8.21$8.2541.7%10.5%28.1%43.0%37.3%4.8%1.9%-46.9K11.9M-340.9K1.0912.99N/AN/A23,78426,032140,516214,804
2016-04-29$8.21$8.2543.7%11.1%27.7%48.6%39.0%6.1%2.2%-663.5K20.4M-360.7K0.9015.51N/AN/A48,50043,624139,500231,052