GME Options History — July 2018

In July 2018, GME traded between $3.51 and $3.87. ATM implied volatility averaged 46.9%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 0.9% (HV 20d: 47.8%). Max pain ranged from $3.75 to $4.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.65.

Notable Days

  • 2018-07-05: Highest Volume — 94,748 contracts
  • 2018-07-05: Largest IV spike — 4.8% change
  • 2018-07-31: Highest IV Rank — 30.3%
  • 2018-07-02: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.70$3.51$3.87$3.53$3.61
Max Pain$3.85$3.75$4.00$3.75$4.00
ATM IV46.9%43.7%53.5%46.6%53.5%
Expected Move12.4%11.2%13.4%13.4%11.9%
HV 20d47.8%37.2%61.2%56.6%37.2%
HV 60d47.7%46.3%48.5%46.3%47.0%
IV Rank22.5%18.7%30.3%22.2%30.3%
IV Percentile57.9%44.8%82.1%57.9%82.1%
Term Structure1.4%-4.7%7.0%-0.6%2.0%
VWIV43.0%32.1%47.6%47.6%42.3%
Skew 25d2.2%-1.6%6.6%2.2%1.2%
Skew 10d7.3%4.2%20.0%5.3%20.0%
Call IV 25d45.9%43.0%51.3%46.5%51.3%
Put IV 25d48.1%43.8%55.1%48.7%52.5%
Bid-Ask Spread %9.435.7519.7611.329.65
Gamma HHI0.120.100.160.100.11
Net GEX-7.0K-651.4K852.4K249.4K-140.2K
Net DEX15.1M-6.9M31.9M26.0M24.4M
Net VEX-364.4K-410.7K-339.4K-353.8K-351.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.650.843.790.912.48
Total Volume50,540.95236,55294,74865,34845,772
Total OI843,273.714619,568969,508852,284664,200

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$3.53$3.7546.6%13.4%56.6%22.2%47.6%2.2%-0.6%249.4K26.0M-353.8K0.9111.32N/AN/A34,19231,156402,536449,748
2018-07-03$3.51$3.7545.2%13.1%56.0%20.6%46.9%4.5%1.0%185.0K27.8M-339.4K1.3019.76N/AN/A18,18023,568421,220461,900
2018-07-05$3.65$3.7547.4%13.3%57.8%23.1%43.1%3.0%0.4%650.7K10.3M-358.1K3.7918.77N/AN/A19,80074,948421,460463,648
2018-07-06$3.79$3.7545.3%12.9%59.2%20.6%44.9%-0.5%-0.3%478.9K-1.5M-410.7K0.899.91N/AN/A31,44427,920425,760518,300
2018-07-09$3.87$3.7545.4%12.9%59.6%20.8%44.7%3.0%-0.1%852.4K-6.9M-409.2K1.116.91N/AN/A21,74424,180419,936515,808
2018-07-10$3.71$3.7545.5%12.7%61.2%20.9%44.7%3.5%-1.3%335.9K13.9M-390.2K1.296.69N/AN/A18,43623,772420,760526,136
2018-07-11$3.67$3.7545.5%12.8%61.0%20.9%46.9%2.6%-0.7%110.4K20.6M-387.9K1.527.89N/AN/A14,53222,020425,568534,884
2018-07-12$3.77$3.7544.9%12.5%58.0%20.1%43.1%2.1%-1.1%424.0K8.5M-394.6K0.945.75N/AN/A21,89220,496426,080540,876
2018-07-13$3.82$3.7544.3%12.5%55.5%19.5%43.4%2.4%-1.1%22.3K1.0M-388.2K0.846.82N/AN/A25,67221,692427,516541,992
2018-07-16$3.81$3.7545.0%12.9%48.0%20.3%45.0%3.1%6.1%122.9K6.5M-375.7K1.127.07N/AN/A18,99621,248410,396528,176
2018-07-17$3.64$3.7544.3%12.7%40.0%19.5%44.9%2.5%7.0%-461.2K28.8M-355.2K1.217.38N/AN/A20,58824,968412,896533,032
2018-07-18$3.63$3.7543.7%12.5%38.4%18.7%43.9%3.5%6.9%-651.4K31.9M-348.7K2.186.50N/AN/A11,82825,732416,696541,136
2018-07-19$3.72$3.7545.1%12.6%39.6%20.4%43.4%2.2%6.8%-416.6K19.1M-354.7K2.696.51N/AN/A14,93640,176417,456540,432
2018-07-20$3.77$4.0046.3%12.6%39.7%21.8%43.6%1.2%4.3%-184.2K5.6M-354.5K1.5212.17N/AN/A21,82033,236419,200549,396
2018-07-23$3.71$4.0047.2%11.7%40.2%22.9%41.2%6.0%-0.8%-288.3K14.5M-342.4K1.227.06N/AN/A27,11633,052256,196363,372
2018-07-24$3.69$4.0047.9%11.4%39.0%23.6%40.1%-0.2%0.8%-322.2K16.2M-353.0K1.676.77N/AN/A19,03631,848275,300381,616
2018-07-25$3.62$4.0049.9%11.7%39.6%26.0%32.1%-1.4%-4.7%-611.3K24.7M-341.6K1.6919.27N/AN/A18,92832,040277,068386,948
2018-07-26$3.70$4.0049.2%11.4%39.5%25.3%39.7%6.6%2.7%-167.2K14.5M-350.8K2.237.35N/AN/A13,87230,932283,588390,980
2018-07-27$3.70$4.0050.4%11.2%39.0%26.7%38.8%-0.4%0.8%-234.2K14.8M-347.6K1.898.11N/AN/A15,74029,732287,728393,404
2018-07-30$3.68$4.0052.0%12.2%38.6%28.5%42.2%-1.6%0.5%-103.0K15.8M-344.0K2.166.42N/AN/A17,14436,976275,504359,900
2018-07-31$3.61$4.0053.5%11.9%37.2%30.3%42.3%1.2%2.0%-140.2K24.4M-351.6K2.489.65N/AN/A13,16032,612284,768379,432