GME Options History — February 2018

In February 2018, GME traded between $3.90 and $4.17. ATM implied volatility averaged 48.2%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 7.5% (HV 20d: 40.6%). Max pain ranged from $4.25 to $4.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 1.39.

Notable Days

  • 2018-02-27: Highest Volume — 84,824 contracts
  • 2018-02-05: Largest IV spike — 133.3% change
  • 2018-02-27: Highest IV Rank — 69.5%
  • 2018-02-05: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.00$3.90$4.17$4.17$3.92
Max Pain$4.36$4.25$4.50$4.25$4.50
ATM IV48.2%34.2%86.6%34.2%57.6%
Expected Move11.4%9.3%13.6%10.5%11.7%
HV 20d40.6%32.7%51.8%50.4%35.8%
HV 60d40.4%38.0%41.5%41.1%38.0%
IV Rank24.0%7.5%69.5%7.5%35.1%
IV Percentile70.3%43.7%99.2%43.7%96.0%
Term Structure-0.7%-42.7%15.9%2.5%-4.3%
VWIV39.3%33.1%44.7%36.4%42.9%
Skew 25d5.0%-22.9%50.9%3.1%-1.4%
Skew 10d9.3%-8.8%31.0%6.0%3.9%
Call IV 25d45.6%30.4%92.8%32.8%59.2%
Put IV 25d50.6%34.0%107.2%35.9%57.8%
Bid-Ask Spread %35.198.60112.0412.9238.88
Gamma HHI0.160.120.190.190.13
Net GEX-1.0M-1.4M-587.7K-1.4M-587.7K
Net DEX67.2M58.9M77.8M65.2M60.7M
Net VEX-252.2K-286.4K-230.9K-279.9K-240.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.390.463.411.800.67
Total Volume56,082.52636,88484,82437,87253,868
Total OI548,880.421509,692612,348542,064552,064

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$4.17$4.2534.2%10.5%50.4%7.5%36.4%3.1%2.5%-1.4M65.2M-279.9K1.8012.92N/AN/A13,52024,352199,900342,164
2018-02-02$4.06$4.2537.0%10.7%50.7%10.8%37.2%2.7%3.9%-1.3M74.0M-259.4K1.4312.86N/AN/A22,80032,640201,036349,132
2018-02-05$3.92$4.2586.2%13.6%50.8%69.0%44.7%14.4%-42.7%-1.0M71.9M-238.0K1.22112.04N/AN/A29,49236,096191,504337,960
2018-02-06$4.04$4.2542.4%11.2%50.5%17.2%37.6%2.8%-3.6%-990.6K66.2M-257.2K1.4138.26N/AN/A29,04041,084204,484335,828
2018-02-07$4.13$4.2546.2%11.3%51.2%21.7%36.0%4.0%-11.2%-945.9K59.1M-266.5K1.3322.31N/AN/A29,18838,944210,956330,660
2018-02-08$3.98$4.2545.0%11.7%51.7%20.2%40.3%9.1%-3.5%-1.2M71.6M-242.2K1.2322.95N/AN/A21,49626,408216,300345,976
2018-02-09$4.04$4.2551.2%12.0%51.8%27.7%40.9%50.9%-12.5%-1.1M66.3M-257.5K1.7978.31N/AN/A25,29645,168220,228345,144
2018-02-12$3.95$4.2546.3%12.7%34.1%21.8%41.6%9.3%2.7%-1.1M73.8M-245.7K1.2519.12N/AN/A23,47229,388209,648348,868
2018-02-13$3.90$4.2541.3%11.6%32.7%15.9%42.9%4.9%8.4%-975.4K77.8M-230.9K1.2014.85N/AN/A23,05227,656214,988354,828
2018-02-14$4.05$4.2540.7%11.7%35.4%15.2%38.9%7.0%5.4%-1.4M69.9M-286.4K0.8828.68N/AN/A25,78022,680219,744361,492
2018-02-15$4.10$4.2541.3%11.7%34.8%15.9%33.7%6.7%0.4%-1.2M64.4M-261.3K3.4123.72N/AN/A18,38462,668225,904361,068
2018-02-16$4.10$4.5040.6%11.3%34.2%15.1%39.7%3.9%1.6%-935.7K72.9M-263.9K1.5136.41N/AN/A27,60441,656231,236381,112
2018-02-20$3.96$4.5043.7%11.7%34.5%18.7%41.7%-3.7%4.2%-809.0K62.8M-235.3K1.4157.98N/AN/A18,44825,952192,800316,892
2018-02-21$3.93$4.5047.2%11.2%34.5%22.9%39.7%-8.6%0.1%-855.7K65.5M-232.6K1.5157.95N/AN/A14,70822,176197,592325,408
2018-02-22$3.91$4.5039.8%10.5%33.8%14.1%37.9%4.6%15.0%-842.7K69.2M-253.5K1.3119.62N/AN/A19,33625,260199,572329,392
2018-02-23$3.99$4.5039.8%9.3%34.9%14.1%33.1%4.6%15.9%-845.4K65.6M-232.2K1.138.60N/AN/A19,68822,220202,532333,548
2018-02-26$4.02$4.5047.7%9.9%34.6%23.5%37.2%3.2%-0.5%-847.5K58.9M-236.0K1.379.08N/AN/A17,36423,860195,052318,812
2018-02-27$3.90$4.5086.6%11.8%35.7%69.5%43.5%-22.9%4.1%-766.5K60.4M-273.8K0.4653.99N/AN/A57,97626,848201,212323,692
2018-02-28$3.92$4.5057.6%11.7%35.8%35.1%42.9%-1.4%-4.3%-587.7K60.7M-240.2K0.6738.88N/AN/A32,30821,560221,856330,208