GME Options History — May 2017

In May 2017, GME traded between $5.53 and $6.24. ATM implied volatility averaged 42.6%, placing in the 61.3% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 15.8% (HV 20d: 26.8%). Max pain ranged from $6.00 to $6.25. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 1.56.

Notable Days

  • 2017-05-25: Highest Volume — 302,076 contracts
  • 2017-05-26: Largest IV drop — 41.6% change
  • 2017-05-25: Highest IV Rank — 100.0%
  • 2017-05-25: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.92$5.53$6.24$5.72$5.53
Max Pain$6.08$6.00$6.25$6.25$6.00
ATM IV42.6%32.2%55.2%42.6%34.9%
Expected Move11.8%8.6%17.4%9.0%9.9%
HV 20d26.8%19.2%41.4%19.7%41.0%
HV 60d41.0%38.3%42.2%40.7%41.3%
IV Rank61.3%15.1%100.0%62.5%25.2%
IV Percentile65.1%25.0%100.0%60.7%40.1%
Term Structure-2.5%-5.2%-0.3%-3.2%-2.3%
VWIV41.6%31.3%61.1%31.3%36.6%
Skew 25d3.9%2.3%5.7%2.5%4.2%
Skew 10d7.9%5.6%11.7%8.0%7.5%
Call IV 25d40.5%31.8%52.4%40.7%33.4%
Put IV 25d44.4%34.5%56.5%43.2%37.5%
Bid-Ask Spread %12.403.5041.1525.997.19
Gamma HHI0.180.100.380.380.13
Net GEX-1.1M-3.5M1.0M-3.5M-508.6K
Net DEX16.4M-11.8M91.6M43.4M51.2M
Net VEX-325.6K-394.1K-281.9K-303.7K-394.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.560.366.422.932.49
Total Volume81,647.63625,804302,07639,75679,900
Total OI483,774.545377,412809,064377,412612,328

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$5.72$6.2542.6%9.0%19.7%62.5%31.3%2.5%-3.2%-3.5M43.4M-303.7K2.9325.99N/AN/A10,12029,636114,140263,272
2017-05-02$5.86$6.2543.2%9.2%19.2%65.0%32.5%2.7%-0.9%-3.3M30.8M-311.3K3.9319.20N/AN/A10,71242,148117,540269,744
2017-05-03$5.99$6.2542.4%8.6%20.1%61.3%31.4%2.9%-0.7%-3.2M18.7M-316.5K6.4241.15N/AN/A12,74081,796121,372284,880
2017-05-04$5.89$6.0042.1%11.0%21.0%60.1%38.2%2.8%-1.1%-2.4M20.9M-307.8K1.116.81N/AN/A14,04415,604127,736251,280
2017-05-05$5.99$6.0041.0%11.0%21.4%55.5%37.4%2.3%-1.7%-2.0M10.3M-286.4K0.854.16N/AN/A13,94411,860133,708254,240
2017-05-08$6.09$6.0041.0%11.2%21.5%55.6%38.7%4.2%-0.3%-1.5M2.5M-281.9K1.083.50N/AN/A17,97619,396132,720251,476
2017-05-09$6.13$6.0042.0%10.9%21.5%59.6%38.7%3.5%-5.2%-1.3M-1.0M-294.2K1.749.50N/AN/A12,72422,176139,464259,720
2017-05-10$6.24$6.0040.2%10.8%21.8%51.9%38.9%3.6%-2.6%-939.7K-10.9M-292.7K1.203.84N/AN/A12,04814,484143,384264,120
2017-05-11$6.12$6.0042.0%11.6%23.3%59.7%41.2%5.1%-1.9%-1.3M1.6M-326.3K0.805.14N/AN/A17,02813,700146,916267,324
2017-05-12$6.00$6.0042.6%11.7%24.7%62.3%41.3%4.5%-2.9%-1.6M18.5M-303.3K1.133.68N/AN/A14,95216,936161,244281,600
2017-05-15$6.09$6.0043.5%12.3%25.0%66.2%41.0%4.4%-3.3%-1.5M3.1M-296.1K0.524.28N/AN/A48,06824,764150,372253,684
2017-05-16$6.10$6.0044.1%12.5%24.6%69.0%44.9%4.2%-3.1%-1.1M-2.4M-314.1K0.365.54N/AN/A71,88025,792179,516270,648
2017-05-17$5.97$6.0045.4%13.0%26.1%74.2%46.5%5.7%-2.8%-274.7K2.3M-350.4K0.577.86N/AN/A62,72835,988236,112273,748
2017-05-18$5.95$6.0045.1%13.1%25.4%73.1%47.5%5.6%-3.9%140.0K2.1M-351.2K0.393.72N/AN/A43,44817,152257,056286,492
2017-05-19$6.03$6.0045.4%13.3%25.8%74.3%46.7%5.3%-3.2%392.5K-11.8M-332.7K1.847.90N/AN/A21,51239,532260,864291,888
2017-05-22$6.02$6.2542.1%13.0%25.8%60.3%44.4%4.5%-2.3%1.0M-4.2M-333.7K0.659.87N/AN/A24,90016,288247,128242,660
2017-05-23$5.69$6.2548.5%15.4%32.8%87.7%55.0%4.1%-4.5%200.2K26.7M-339.5K1.1618.29N/AN/A84,42497,804258,880249,548
2017-05-24$5.68$6.2549.4%15.7%32.4%91.6%54.7%3.5%-3.2%-743.7K36.3M-367.3K0.546.12N/AN/A52,67628,652267,472314,204
2017-05-25$5.90$6.2555.2%17.4%34.5%100.0%61.1%4.2%-4.5%84.2K2.4M-377.9K1.2430.23N/AN/A134,988167,088290,220326,780
2017-05-26$5.54$6.0032.2%9.2%40.9%15.1%33.2%2.7%-0.5%-277.3K91.6M-338.8K1.6711.77N/AN/A87,180145,596387,856421,208
2017-05-30$5.65$6.0033.2%9.6%41.4%18.6%34.4%2.5%-1.1%100.1K28.0M-342.7K1.6536.99N/AN/A30,84451,020290,752287,744
2017-05-31$5.53$6.0034.9%9.9%41.0%25.2%36.6%4.2%-2.3%-508.6K51.2M-394.1K2.497.19N/AN/A22,91656,984299,628312,700