GME Options History — April 2017

In April 2017, GME traded between $5.42 and $5.92. ATM implied volatility averaged 34.0%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 11.1% (HV 20d: 45.1%). Max pain ranged from $5.50 to $6.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 1.57.

Notable Days

  • 2017-04-24: Highest Volume — 82,924 contracts
  • 2017-04-20: Largest IV spike — 11.0% change
  • 2017-04-28: Highest IV Rank — 60.6%
  • 2017-04-24: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.64$5.42$5.92$5.51$5.67
Max Pain$5.89$5.50$6.50$6.50$6.25
ATM IV34.0%29.2%42.2%29.5%42.2%
Expected Move9.5%8.0%11.0%8.1%9.0%
HV 20d45.1%16.6%55.9%55.9%19.5%
HV 60d41.4%40.1%44.0%44.0%40.6%
IV Rank25.4%4.8%60.6%5.7%60.6%
IV Percentile29.1%2.8%59.9%2.8%59.9%
Term Structure2.1%-2.6%7.2%0.4%-2.6%
VWIV33.8%28.4%39.7%28.4%32.5%
Skew 25d3.6%2.3%7.1%3.3%4.1%
Skew 10d6.5%-7.1%13.1%4.7%13.1%
Call IV 25d32.6%28.4%41.8%28.4%41.8%
Put IV 25d36.2%31.5%46.0%31.7%46.0%
Bid-Ask Spread %32.376.7986.4410.2286.44
Gamma HHI0.220.130.420.130.42
Net GEX-1.6M-3.2M-919.4K-1.1M-3.2M
Net DEX66.7M17.0M92.0M84.2M45.0M
Net VEX-273.2K-312.5K-244.5K-268.6K-298.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.474.761.083.06
Total Volume33,51618,88882,92430,06037,588
Total OI483,670.737302,016569,504497,416380,848

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-04-03$5.51$6.5029.5%8.1%55.9%5.7%28.4%3.3%0.4%-1.1M84.2M-268.6K1.0810.22N/AN/A14,42415,636203,376294,040
2017-04-04$5.49$6.5030.0%8.1%55.9%7.9%28.9%2.7%0.2%-1.1M85.3M-270.3K0.906.79N/AN/A10,3609,288207,512299,504
2017-04-05$5.45$6.5029.2%8.0%55.4%4.8%29.0%3.5%0.3%-1.2M88.4M-263.4K0.6911.60N/AN/A11,2207,780208,660300,720
2017-04-06$5.45$5.5029.4%9.2%55.4%5.7%32.1%3.0%0.4%-1.2M88.1M-263.1K2.1619.66N/AN/A11,03223,880210,372301,364
2017-04-07$5.42$5.5031.4%9.9%55.2%13.9%34.4%3.6%1.2%-1.4M92.0M-244.5K1.7364.21N/AN/A12,98422,496211,724316,092
2017-04-10$5.46$5.5030.9%9.3%53.9%12.0%32.5%3.7%1.3%-1.7M91.3M-266.2K0.478.35N/AN/A15,2527,152208,064319,980
2017-04-11$5.51$5.5031.0%9.4%53.6%12.2%33.0%3.2%1.8%-1.5M87.1M-270.9K0.6636.45N/AN/A11,4087,480212,208319,984
2017-04-12$5.51$5.5031.5%9.3%53.5%14.3%32.2%3.9%0.7%-1.4M86.5M-265.6K0.929.63N/AN/A11,71610,812213,472318,744
2017-04-13$5.59$5.5032.4%9.2%53.8%18.3%32.1%3.2%1.7%-1.4M79.5M-270.0K0.9813.81N/AN/A16,58016,184214,844319,828
2017-04-17$5.62$5.5034.4%10.0%53.6%26.8%35.1%4.2%6.6%-1.4M79.0M-267.5K0.9720.91N/AN/A12,02811,620211,936320,672
2017-04-18$5.71$5.5031.8%9.1%53.3%15.6%33.2%2.9%7.2%-1.4M71.1M-266.8K1.1710.53N/AN/A11,45613,432214,776322,364
2017-04-19$5.70$5.5032.1%9.2%53.3%17.2%33.9%4.0%5.3%-1.5M72.3M-265.5K1.0514.90N/AN/A12,19212,832215,680325,120
2017-04-20$5.80$5.5035.6%10.0%53.8%32.4%38.2%3.3%3.3%-1.5M61.0M-264.4K2.0744.81N/AN/A17,26435,732216,664327,168
2017-04-21$5.80$6.2536.6%10.1%53.8%36.3%35.3%3.0%3.9%-919.4K64.9M-251.8K2.3016.25N/AN/A19,95245,920218,780350,724
2017-04-24$5.83$6.2538.3%11.0%20.6%43.8%39.7%7.1%4.3%-1.2M17.0M-285.1K4.7665.71N/AN/A14,39668,528103,428198,588
2017-04-25$5.86$6.2538.3%10.6%20.5%43.6%37.3%2.3%2.2%-2.3M23.8M-284.9K1.5172.19N/AN/A12,44418,844110,256248,744
2017-04-26$5.92$6.2541.7%10.5%16.6%58.5%36.5%3.3%-0.7%-2.3M18.5M-310.8K1.4131.82N/AN/A12,27617,340114,268255,616
2017-04-27$5.79$6.2540.4%10.5%18.9%52.8%37.3%3.8%2.0%-2.6M31.6M-312.5K1.8670.84N/AN/A9,55217,724117,120256,504
2017-04-28$5.67$6.2542.2%9.0%19.5%60.6%32.5%4.1%-2.6%-3.2M45.0M-298.1K3.0686.44N/AN/A9,26828,320118,228262,620