GME Options History — July 2017

In July 2017, GME traded between $5.20 and $5.43. ATM implied volatility averaged 35.7%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 15.7% (HV 20d: 20.0%). Max pain ranged from $5.25 to $6.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 2.45.

Notable Days

  • 2017-07-21: Highest Volume — 88,324 contracts
  • 2017-07-24: Largest IV spike — 16.6% change
  • 2017-07-31: Highest IV Rank — 75.5%
  • 2017-07-06: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.30$5.20$5.43$5.40$5.42
Max Pain$5.58$5.25$6.00$6.00$6.00
ATM IV35.7%30.1%48.6%30.4%48.6%
Expected Move9.2%8.4%9.7%8.4%9.3%
HV 20d20.0%15.9%27.7%27.7%20.2%
HV 60d30.8%30.5%31.1%31.0%30.5%
IV Rank28.1%7.5%75.5%8.4%75.5%
IV Percentile39.3%8.7%95.2%9.5%95.2%
Term Structure2.6%-2.8%11.4%0.7%-2.8%
VWIV31.6%27.5%34.0%29.5%31.8%
Skew 25d3.3%1.9%4.7%3.1%4.2%
Skew 10d6.2%4.0%10.4%4.0%10.4%
Call IV 25d34.7%29.2%47.3%29.7%47.3%
Put IV 25d38.1%31.8%51.5%32.8%51.5%
Bid-Ask Spread %27.143.5976.6210.1327.11
Gamma HHI0.210.150.350.210.15
Net GEX-2.4M-5.0M-1.4M-1.8M-1.8M
Net DEX74.5M51.6M107.3M63.2M55.0M
Net VEX-370.0K-411.6K-342.8K-383.0K-411.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.450.587.000.653.25
Total Volume42,778.615,62488,32417,17251,712
Total OI507,668.4411,124584,496506,148447,920

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-07-03$5.40$6.0030.4%8.4%27.7%8.4%29.5%3.1%0.7%-1.8M63.2M-383.0K0.6510.13N/AN/A10,4246,748194,264311,884
2017-07-05$5.36$5.7530.9%8.5%26.4%10.2%30.4%2.7%-0.5%-1.9M65.5M-374.3K0.6418.34N/AN/A10,4086,616195,812311,116
2017-07-06$5.28$5.2533.0%9.7%26.9%17.8%33.7%3.9%0.1%-2.1M73.0M-359.4K0.605.71N/AN/A9,7365,888197,500312,628
2017-07-07$5.23$5.2530.7%9.3%24.7%9.6%32.5%3.1%0.9%-2.0M78.6M-350.3K0.736.22N/AN/A10,9207,928198,020312,932
2017-07-10$5.22$5.2530.6%9.3%22.1%9.3%32.4%3.0%1.6%-2.1M78.7M-342.8K0.604.85N/AN/A15,7369,408195,736311,132
2017-07-11$5.24$5.2530.1%9.1%21.6%7.5%31.9%2.8%1.5%-2.0M77.1M-349.7K0.583.59N/AN/A13,7328,024201,072312,904
2017-07-12$5.25$5.2530.5%9.3%20.7%8.7%32.9%3.0%2.1%-2.0M75.5M-348.6K2.898.96N/AN/A11,92834,508202,688312,172
2017-07-13$5.29$5.2531.0%9.3%20.1%10.5%32.3%3.0%1.6%-2.1M74.9M-364.7K5.067.44N/AN/A14,34472,536204,856325,784
2017-07-14$5.26$5.2530.2%9.0%19.2%7.6%31.7%2.6%2.3%-2.8M95.6M-358.7K7.007.10N/AN/A10,78475,508206,956366,624
2017-07-17$5.33$5.2531.8%9.2%15.9%13.4%32.4%3.6%8.6%-4.3M84.0M-376.8K1.356.63N/AN/A10,66814,448203,224364,176
2017-07-18$5.27$5.2532.1%9.3%15.9%14.7%32.4%3.3%9.3%-5.0M94.9M-357.4K3.279.64N/AN/A9,22830,196205,860370,980
2017-07-19$5.34$5.2531.1%8.9%16.0%11.0%31.0%2.6%9.8%-3.9M77.9M-363.3K1.459.00N/AN/A14,40020,812206,444349,960
2017-07-20$5.28$5.2533.6%9.0%16.2%20.2%27.5%3.8%11.4%-4.2M81.9M-353.6K3.7967.58N/AN/A13,15649,808206,236344,636
2017-07-21$5.20$6.0036.0%9.2%17.3%29.1%29.1%1.9%11.2%-1.5M107.3M-358.8K6.4459.70N/AN/A11,86476,460210,444374,052
2017-07-24$5.21$6.0042.0%9.3%17.2%51.2%32.4%2.5%-1.8%-1.9M69.2M-368.5K2.1547.64N/AN/A16,35635,136122,540288,584
2017-07-25$5.32$6.0043.0%9.1%16.8%54.8%31.3%4.7%0.8%-1.9M60.3M-393.1K2.7865.76N/AN/A15,02841,748132,568294,280
2017-07-26$5.27$6.0046.6%9.2%16.3%68.3%31.5%4.6%-2.4%-1.9M66.8M-388.2K2.7276.62N/AN/A12,40033,684140,088305,308
2017-07-27$5.43$6.0046.3%9.4%19.5%67.2%34.0%3.2%0.3%-1.8M51.6M-390.4K2.4445.05N/AN/A13,44032,752143,612309,448
2017-07-28$5.36$6.0046.2%9.1%20.0%66.8%31.7%4.6%-2.5%-1.4M57.9M-405.8K0.6955.81N/AN/A10,1206,980148,068310,860
2017-07-31$5.42$6.0048.6%9.3%20.2%75.5%31.8%4.2%-2.8%-1.8M55.0M-411.6K3.2527.11N/AN/A12,16839,544142,268305,652