GME Options History — March 2017

In March 2017, GME traded between $5.22 and $6.32. ATM implied volatility averaged 39.7%, placing in the 49.8% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded below realized volatility by 5.3% (HV 20d: 45.0%). Max pain ranged from $6.25 to $6.50. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.74.

Notable Days

  • 2017-03-24: Highest Volume — 227,300 contracts
  • 2017-03-24: Largest IV drop — 24.5% change
  • 2017-03-06: Highest IV Rank — 76.2%
  • 2017-03-23: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.96$5.22$6.32$6.13$5.64
Max Pain$6.47$6.25$6.50$6.25$6.50
ATM IV39.7%29.0%45.8%44.4%29.2%
Expected Move10.5%7.8%12.3%10.1%7.8%
HV 20d45.0%38.9%60.4%38.9%55.6%
HV 60d38.2%34.6%44.7%36.8%44.4%
IV Rank49.8%3.8%76.2%69.8%4.6%
IV Percentile47.5%1.6%72.2%63.1%2.0%
Term Structure-1.6%-4.4%1.1%-1.4%0.3%
VWIV37.2%27.6%43.6%36.4%27.6%
Skew 25d2.9%0.7%4.5%3.4%2.2%
Skew 10d6.6%-3.6%13.6%-3.6%4.7%
Call IV 25d38.9%28.1%45.2%43.5%28.1%
Put IV 25d41.8%30.4%49.3%46.9%30.4%
Bid-Ask Spread %23.424.8978.5278.527.93
Gamma HHI0.140.090.310.100.14
Net GEX-2.1M-3.8M-1.3M-1.4M-1.6M
Net DEX61.6M23.5M184.0M41.0M83.0M
Net VEX-345.0K-395.5K-224.7K-355.3K-284.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.740.723.902.550.93
Total Volume58,638.43525,408227,30044,60832,244
Total OI505,683.826439,868682,428439,868552,656

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$6.13$6.2544.4%10.1%38.9%69.8%36.4%3.4%-1.4%-1.4M41.0M-355.3K2.5578.52N/AN/A12,55232,056173,412266,456
2017-03-02$6.26$6.2544.6%9.9%39.5%70.8%36.5%4.2%-2.0%-1.4M32.5M-395.5K2.8359.26N/AN/A12,72836,000175,240278,348
2017-03-03$6.32$6.2544.9%9.3%39.6%72.3%33.3%4.5%-2.1%-1.4M25.4M-381.9K1.0717.49N/AN/A16,48417,720177,012285,204
2017-03-06$6.24$6.5045.8%12.0%39.5%76.2%42.2%3.7%-2.1%-1.3M30.6M-372.6K1.436.56N/AN/A11,03615,824171,536272,320
2017-03-07$6.17$6.5044.4%11.5%39.7%70.1%41.6%3.1%-1.8%-1.5M39.0M-374.7K1.047.60N/AN/A12,46012,948175,620276,680
2017-03-08$6.26$6.5043.1%11.2%39.9%64.3%40.6%3.9%-1.9%-1.4M31.7M-370.9K1.048.17N/AN/A12,50413,020178,728279,632
2017-03-09$6.26$6.5043.0%11.5%39.9%63.9%40.7%0.7%-2.9%-1.3M31.0M-372.3K1.795.51N/AN/A14,25225,540182,872282,232
2017-03-10$6.30$6.5042.7%11.5%39.2%62.8%40.7%2.0%-0.6%-1.5M23.5M-384.3K0.794.89N/AN/A17,65213,944179,116294,976
2017-03-13$6.04$6.5045.4%12.0%41.4%74.4%42.6%3.3%-2.9%-1.9M49.1M-377.6K1.326.65N/AN/A17,85223,616174,896287,484
2017-03-14$6.15$6.5044.7%11.8%41.8%71.3%42.4%2.9%-4.2%-2.3M41.4M-390.4K1.1147.58N/AN/A12,03213,384182,920297,892
2017-03-15$6.18$6.5043.1%11.5%41.7%64.3%41.4%2.2%-3.5%-2.6M39.7M-385.5K2.0225.67N/AN/A13,46427,240185,056302,588
2017-03-16$6.08$6.5040.8%11.1%41.9%54.6%39.2%3.1%-2.7%-2.9M56.3M-378.8K2.9344.87N/AN/A13,94040,780187,944320,516
2017-03-17$6.15$6.5038.7%10.1%42.0%45.4%36.5%1.7%-4.4%-3.5M46.1M-361.1K3.2714.55N/AN/A18,91261,884191,432322,800
2017-03-20$5.98$6.5039.6%11.1%42.8%49.4%39.0%2.2%0.3%-1.8M55.9M-360.5K3.9054.85N/AN/A23,75292,636176,092290,764
2017-03-21$6.00$6.5040.8%11.6%41.5%54.4%40.5%2.7%-1.2%-3.1M67.0M-372.6K3.1916.32N/AN/A21,22867,720178,544345,684
2017-03-22$6.01$6.5042.2%12.1%41.5%60.8%43.0%4.3%-1.7%-3.6M73.3M-383.0K1.6245.30N/AN/A26,04442,068181,224379,240
2017-03-23$5.98$6.5042.7%12.3%40.8%62.7%43.6%4.5%-2.4%-3.8M78.3M-385.8K1.4121.28N/AN/A50,32071,172196,312403,624
2017-03-24$5.22$6.5032.3%9.1%60.4%17.8%30.1%3.8%1.1%-3.5M184.0M-224.7K2.4120.53N/AN/A66,564160,736227,740454,688
2017-03-27$5.22$6.5031.0%8.8%60.0%12.2%30.2%2.6%-0.6%-1.5M112.9M-227.3K0.9112.41N/AN/A30,88428,072198,280323,700
2017-03-28$5.42$6.5030.9%8.7%55.6%11.9%30.1%2.0%-0.5%-1.3M97.8M-259.9K0.7812.09N/AN/A28,70022,288206,332323,088
2017-03-29$5.50$6.5030.0%8.2%55.8%8.1%29.0%2.3%0.2%-1.3M92.8M-277.4K0.9211.54N/AN/A16,45615,140215,652327,296
2017-03-30$5.61$6.5029.0%8.0%55.8%3.8%28.1%2.2%-0.2%-1.6M84.0M-257.8K0.729.02N/AN/A19,09213,744216,988329,912
2017-03-31$5.64$6.5029.2%7.8%55.6%4.6%27.6%2.2%0.3%-1.6M83.0M-284.1K0.937.93N/AN/A16,67615,568221,880330,776