GME Options History — March 2018

In March 2018, GME traded between $3.14 and $4.03. ATM implied volatility averaged 55.3%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 24.7% (HV 20d: 30.6%). Max pain ranged from $4.50 to $4.75. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.34.

Notable Days

  • 2018-03-29: Highest Volume — 367,968 contracts
  • 2018-03-29: Largest IV drop — 27.1% change
  • 2018-03-28: Highest IV Rank — 64.1%
  • 2018-03-28: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.74$3.14$4.03$3.99$3.14
Max Pain$4.73$4.50$4.75$4.50$4.75
ATM IV55.3%48.0%82.1%54.7%59.9%
Expected Move14.9%11.0%20.3%11.0%14.4%
HV 20d30.6%23.6%50.5%36.5%50.5%
HV 60d38.1%36.8%45.9%38.3%45.9%
IV Rank32.5%23.8%64.1%31.7%37.9%
IV Percentile88.9%77.8%98.4%92.5%95.2%
Term Structure-3.3%-24.9%13.6%-4.1%13.6%
VWIV50.9%37.7%69.9%39.7%49.4%
Skew 25d3.9%-0.8%14.9%4.3%-0.8%
Skew 10d10.2%-2.5%57.8%10.0%37.7%
Call IV 25d54.3%44.9%82.3%53.9%56.6%
Put IV 25d58.2%49.6%97.2%58.2%55.8%
Bid-Ask Spread %22.729.9552.6852.689.95
Gamma HHI0.130.100.200.140.14
Net GEX-578.0K-971.7K-40.4K-40.4K-335.0K
Net DEX62.9M50.8M86.3M57.0M86.3M
Net VEX-259.5K-279.3K-223.7K-277.5K-223.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.483.760.560.48
Total Volume82,115.04841,492367,96868,164367,968
Total OI619,449.524547,380768,996573,444768,996

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$3.99$4.5054.7%11.0%36.5%31.7%39.7%4.3%-4.1%-40.4K57.0M-277.5K0.5652.68N/AN/A43,56424,600239,380334,064
2018-03-02$3.99$4.5049.5%11.0%36.4%25.6%38.8%4.1%-2.1%-716.7K53.9M-265.2K1.1841.80N/AN/A26,97231,720233,316336,284
2018-03-05$4.03$4.7552.4%13.3%35.5%29.0%45.3%7.9%-6.3%-665.4K50.8M-263.5K1.1928.04N/AN/A26,81631,920211,980335,400
2018-03-06$4.01$4.7549.0%13.1%33.2%25.0%46.2%2.8%-1.0%-452.7K52.0M-260.1K1.4618.09N/AN/A18,93627,624222,480343,864
2018-03-07$3.98$4.7549.8%13.4%31.8%26.0%46.5%2.5%-2.2%-426.2K54.1M-277.6K1.4518.15N/AN/A18,88427,452227,072347,092
2018-03-08$3.91$4.7548.3%13.0%31.3%24.2%44.8%2.5%-1.2%-665.4K62.5M-259.3K1.7821.85N/AN/A14,90826,584230,944350,424
2018-03-09$3.96$4.7548.0%12.7%29.1%23.8%44.6%4.7%-3.8%-796.8K60.1M-261.3K1.3920.29N/AN/A19,25226,668234,116354,224
2018-03-12$3.89$4.7549.4%13.2%29.3%25.5%45.6%2.5%-2.8%-799.5K61.3M-255.4K1.3920.86N/AN/A21,27629,584216,232346,764
2018-03-13$3.90$4.7550.5%13.6%28.2%26.8%47.0%2.3%-3.2%-637.2K59.6M-235.7K1.0120.09N/AN/A25,16025,492226,140351,620
2018-03-14$3.87$4.7549.7%14.0%28.1%25.9%45.3%1.7%-0.8%-568.6K60.2M-239.1K0.6819.47N/AN/A35,20823,936238,548353,604
2018-03-15$3.83$4.7550.1%13.9%23.9%26.3%47.8%3.1%-1.3%-583.0K61.2M-248.1K1.1821.02N/AN/A26,69631,440259,768357,948
2018-03-16$3.86$4.7548.3%13.4%23.6%24.2%37.7%2.5%-1.7%-362.8K61.0M-245.5K3.7626.71N/AN/A23,08086,884262,860359,136
2018-03-19$3.71$4.7553.4%15.0%27.0%30.2%51.8%1.4%-3.3%-679.0K61.5M-259.3K0.7525.58N/AN/A42,52031,992230,428343,328
2018-03-20$3.61$4.7556.0%15.9%26.0%33.3%54.8%2.5%-2.8%-692.2K64.5M-256.9K0.7125.84N/AN/A33,60423,756248,252354,076
2018-03-21$3.51$4.7562.9%18.0%27.3%41.5%62.3%0.7%-4.8%-553.6K66.1M-249.5K3.4522.87N/AN/A28,09697,060264,316359,028
2018-03-22$3.47$4.7562.1%18.0%27.4%40.5%62.2%0.4%-5.1%-971.7K78.2M-275.8K0.8515.41N/AN/A36,85631,376272,740419,312
2018-03-23$3.38$4.7559.8%17.5%26.3%37.8%58.5%2.1%-4.1%-690.5K79.9M-264.8K2.5615.63N/AN/A24,53662,912293,588419,176
2018-03-26$3.52$4.7559.8%18.1%30.8%37.8%62.0%4.4%-2.0%-576.1K66.7M-276.8K0.7514.24N/AN/A37,27627,888275,988391,384
2018-03-27$3.46$4.7566.2%20.2%29.7%45.3%69.3%14.5%-5.9%-459.1K64.0M-275.3K0.8316.88N/AN/A38,08831,496293,304392,660
2018-03-28$3.54$4.7582.1%20.3%31.2%64.1%69.9%14.9%-24.9%-466.6K59.2M-279.3K0.8121.61N/AN/A63,00451,332306,936401,668
2018-03-29$3.14$4.7559.9%14.4%50.5%37.9%49.4%-0.8%13.6%-335.0K86.3M-223.7K0.489.95N/AN/A248,232119,736343,916425,080