GME Options History — January 2017

In January 2017, GME traded between $5.67 and $6.50. ATM implied volatility averaged 38.8%, placing in the 38.6% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 0.3% (HV 20d: 38.4%). Max pain ranged from $6.25 to $7.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 2.38.

Notable Days

2017-01-13: Highest Volume — 149,648 contracts
2017-01-13: Largest IV drop — 25.0% change
2017-01-04: Highest IV Rank — 71.8%
2017-01-04: Largest Expected Move — 16.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.06	$5.67	$6.50	$6.33	$6.13
Max Pain	$6.41	$6.25	$7.00	$7.00	$6.25
ATM IV	38.8%	31.0%	48.9%	48.2%	37.2%
Expected Move	11.1%	8.9%	16.8%	16.3%	9.4%
HV 20d	38.4%	33.6%	43.7%	34.3%	38.4%
HV 60d	43.5%	37.4%	45.4%	41.3%	37.4%
IV Rank	38.6%	11.9%	71.8%	69.6%	37.1%
IV Percentile	39.2%	7.5%	83.7%	78.6%	40.5%
Term Structure	-0.3%	-2.5%	3.4%	-1.3%	-1.5%
VWIV	39.3%	31.4%	62.2%	56.8%	33.6%
Skew 25d	3.2%	1.9%	4.9%	4.9%	2.0%
Skew 10d	5.2%	-4.4%	9.8%	6.2%	3.8%
Call IV 25d	37.4%	29.6%	46.9%	46.1%	33.6%
Put IV 25d	40.6%	31.8%	51.4%	51.0%	35.6%
Bid-Ask Spread %	24.55	12.19	70.94	69.63	16.31
Gamma HHI	0.18	0.12	0.35	0.15	0.12
Net GEX	-2.2M	-5.3M	66.3K	-1.4M	-381.1K
Net DEX	69.0M	2.8M	176.2M	48.3M	2.9M
Net VEX	-298.0K	-350.5K	-231.1K	-341.4K	-317.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.38	0.59	5.28	2.24	1.04
Total Volume	59,570	21,016	149,648	35,428	21,016
Total OI	549,434.2	292,212	752,436	559,856	342,456

Daily Data (20 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
2017-01-03	$6.33	$7.00	48.2%	16.3%	34.3%	69.6%	56.8%	4.9%	-1.3%	-1.4M	48.3M	-341.4K	2.24	69.63	N/A	N/A	10,944	24,484	237,892	321,964
2017-01-04	$6.50	$7.00	48.9%	16.8%	35.2%	71.8%	62.2%	4.5%	-1.7%	-1.1M	33.8M	-350.5K	5.06	38.78	N/A	N/A	10,844	54,836	242,012	332,196
2017-01-05	$6.27	$6.50	47.9%	12.9%	37.7%	68.5%	45.3%	3.8%	-2.4%	-1.9M	59.4M	-340.0K	5.28	16.36	N/A	N/A	14,476	76,368	245,720	343,528
2017-01-06	$6.16	$6.50	46.7%	12.5%	34.1%	64.2%	44.1%	3.0%	-1.6%	-3.1M	84.2M	-347.0K	2.75	20.40	N/A	N/A	15,108	41,612	253,440	388,952
2017-01-09	$6.12	$6.50	46.1%	12.5%	34.1%	62.2%	44.1%	3.8%	-1.9%	-3.0M	89.5M	-326.6K	2.69	20.02	N/A	N/A	17,164	46,132	253,832	386,808
2017-01-10	$6.17	$6.50	46.4%	12.6%	34.2%	63.1%	44.7%	3.9%	-1.7%	-3.0M	81.6M	-310.0K	2.57	33.20	N/A	N/A	20,964	53,820	260,252	402,144
2017-01-11	$6.17	$6.50	45.5%	12.5%	33.7%	60.0%	44.3%	4.1%	-1.6%	-3.2M	84.7M	-310.6K	4.41	16.73	N/A	N/A	16,404	72,328	268,224	425,368
2017-01-12	$6.15	$6.50	46.0%	12.6%	33.6%	61.8%	44.5%	2.7%	-2.5%	-3.3M	83.9M	-315.5K	3.26	22.62	N/A	N/A	17,600	57,336	276,356	445,684
2017-01-13	$5.67	$6.50	34.5%	9.9%	41.8%	22.0%	34.7%	3.0%	-0.1%	-4.3M	176.2M	-231.1K	3.03	18.37	N/A	N/A	37,132	112,516	284,540	467,896
2017-01-17	$5.84	$6.25	35.1%	10.1%	43.6%	28.7%	34.9%	3.7%	-0.8%	-4.8M	140.2M	-254.4K	2.53	16.90	N/A	N/A	30,880	78,104	267,864	426,416
2017-01-18	$5.87	$6.25	35.1%	10.1%	43.7%	28.4%	34.7%	2.9%	-0.8%	-5.3M	142.3M	-277.2K	3.46	17.89	N/A	N/A	14,384	49,784	277,412	454,376
2017-01-19	$5.82	$6.25	34.8%	10.0%	43.1%	27.3%	35.2%	3.6%	-1.7%	-5.2M	148.7M	-281.7K	2.07	13.98	N/A	N/A	14,856	30,784	279,176	463,284
2017-01-20	$5.89	$6.25	32.0%	9.2%	43.2%	15.9%	32.6%	3.5%	-0.1%	-155.3K	143.0M	-275.4K	2.11	13.04	N/A	N/A	15,632	32,984	279,476	460,264
2017-01-23	$5.98	$6.25	31.5%	9.2%	43.4%	13.8%	32.5%	3.3%	2.8%	-914.1K	16.3M	-277.4K	0.63	12.19	N/A	N/A	25,000	15,688	122,108	170,104
2017-01-24	$5.96	$6.25	31.3%	9.1%	39.7%	13.1%	32.2%	2.0%	3.3%	-751.5K	15.6M	-282.1K	0.99	21.75	N/A	N/A	15,604	15,380	133,040	174,772
2017-01-25	$6.04	$6.25	31.1%	9.0%	39.7%	12.1%	31.8%	2.5%	3.0%	-438.6K	8.9M	-270.2K	0.59	15.22	N/A	N/A	22,136	13,164	137,732	180,092
2017-01-26	$6.06	$6.25	31.0%	9.0%	38.7%	11.9%	31.4%	1.9%	1.5%	-285.0K	7.4M	-298.7K	0.97	18.08	N/A	N/A	16,992	16,404	141,044	182,684
2017-01-27	$6.09	$6.25	31.7%	8.9%	37.9%	14.7%	32.0%	2.3%	3.4%	66.3K	2.8M	-274.4K	1.02	70.94	N/A	N/A	16,728	17,060	146,636	183,368
2017-01-30	$6.04	$6.25	34.3%	9.7%	38.0%	25.1%	34.9%	3.0%	-0.6%	-697.7K	9.4M	-279.1K	0.86	18.64	N/A	N/A	15,476	13,276	143,804	185,768
2017-01-31	$6.13	$6.25	37.2%	9.4%	38.4%	37.1%	33.6%	2.0%	-1.5%	-381.1K	2.9M	-317.5K	1.04	16.31	N/A	N/A	10,300	10,716	151,900	190,556