GME Options History — November 2018

In November 2018, GME traded between $3.07 and $3.91. ATM implied volatility averaged 69.3%, placing in the 44.9% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded above realized volatility by 12.9% (HV 20d: 56.3%). Max pain ranged from $3.50 to $4.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.73.

Notable Days

  • 2018-11-27: Highest Volume — 122,140 contracts
  • 2018-11-02: Largest IV drop — 34.0% change
  • 2018-11-01: Highest IV Rank — 78.2%
  • 2018-11-02: Largest Expected Move — 30.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.54$3.07$3.91$3.83$3.40
Max Pain$3.70$3.50$4.00$3.75$3.50
ATM IV69.3%60.4%97.8%97.8%60.4%
Expected Move19.7%16.2%30.3%16.3%16.2%
HV 20d56.3%44.9%71.2%44.9%71.2%
HV 60d56.7%48.5%59.1%56.4%50.6%
IV Rank44.9%34.6%78.2%78.2%34.6%
IV Percentile92.3%81.0%98.8%98.8%81.0%
Term Structure-1.1%-48.0%21.8%-48.0%0.5%
VWIV67.9%51.0%82.8%69.8%60.2%
Skew 25d10.1%-1.1%23.6%-1.1%10.6%
Skew 10d15.3%-1.1%59.1%-1.1%16.7%
Call IV 25d63.8%52.8%98.3%98.3%55.2%
Put IV 25d73.8%58.2%97.1%97.1%65.8%
Bid-Ask Spread %52.2022.05101.6896.7424.18
Gamma HHI0.160.110.390.120.17
Net GEX-514.4K-3.4M512.9K510.4K-884.7K
Net DEX15.5M-32.6M80.9M-18.6M34.6M
Net VEX-312.0K-403.0K-223.0K-400.3K-270.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.743.291.441.14
Total Volume51,733.71431,856122,14039,07276,352
Total OI868,398.857695,4281,001,084949,860838,788

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$3.83$3.7597.8%16.3%44.9%78.2%69.8%-1.1%-48.0%510.4K-18.6M-400.3K1.4496.74N/AN/A16,02023,052457,508492,352
2018-11-02$3.91$3.7564.5%30.3%45.4%39.4%80.7%17.8%-1.5%512.9K-32.6M-403.0K0.74101.68N/AN/A23,34417,184459,516493,184
2018-11-05$3.73$4.0072.2%18.0%48.0%48.3%60.0%6.1%4.1%97.7K-4.8M-382.5K3.0592.63N/AN/A11,44034,924446,828483,948
2018-11-06$3.73$4.0070.4%16.9%47.7%46.2%57.7%2.0%-5.1%111.6K-7.0M-359.9K1.9882.87N/AN/A11,52822,864448,904499,528
2018-11-07$3.74$3.7561.6%17.5%47.7%36.0%58.9%8.4%1.1%198.6K-7.4M-353.0K1.7586.69N/AN/A15,69627,444451,388500,856
2018-11-08$3.73$3.7564.1%17.8%47.6%38.9%51.0%1.6%3.9%105.5K-1.4M-353.2K1.5098.38N/AN/A12,73219,124456,136497,288
2018-11-09$3.64$3.7565.8%18.5%48.3%40.9%63.1%6.4%-6.9%-553.1K5.0M-332.2K1.4855.89N/AN/A15,02022,252456,024497,368
2018-11-12$3.48$3.7574.7%19.6%50.6%51.2%68.1%23.6%-0.7%-1.8M25.4M-298.7K2.3229.12N/AN/A25,52459,132438,404490,508
2018-11-13$3.46$3.7563.6%19.4%50.3%38.4%61.0%17.5%8.7%-1.8M25.4M-304.3K1.4024.08N/AN/A16,63623,272444,412506,492
2018-11-14$3.25$3.7569.2%20.5%53.8%44.8%70.7%13.6%3.8%-3.4M53.0M-267.6K3.2332.30N/AN/A16,56853,572449,944507,624
2018-11-15$3.29$3.7568.6%21.2%54.1%44.1%82.8%10.7%5.5%-3.3M54.5M-255.9K2.3547.55N/AN/A13,38031,444454,476533,268
2018-11-16$3.18$3.7571.6%20.3%54.5%47.6%72.5%12.7%7.8%-139.2K80.9M-266.6K3.1922.05N/AN/A18,60059,400456,700544,384
2018-11-19$3.25$3.7569.5%20.0%53.9%45.2%69.4%9.1%-8.4%-266.8K29.1M-256.7K1.0731.79N/AN/A16,81617,968373,448321,980
2018-11-20$3.07$3.7568.7%19.5%56.5%44.2%70.3%11.9%-7.5%-402.8K38.0M-223.0K0.9626.10N/AN/A17,65616,944377,144323,988
2018-11-21$3.42$3.7571.0%20.3%70.1%46.9%71.1%7.3%21.8%-87.6K18.9M-285.9K0.7569.98N/AN/A30,87223,160379,836324,628
2018-11-23$3.38$3.5064.0%18.8%65.3%38.8%70.6%13.8%-7.7%-68.8K21.9M-266.6K2.0745.91N/AN/A19,45640,232393,908327,896
2018-11-26$3.65$3.5066.0%20.1%69.4%41.1%66.9%18.4%6.2%96.9K5.0M-282.5K0.7429.32N/AN/A22,59616,680388,168342,724
2018-11-27$3.70$3.5070.3%20.7%67.7%46.0%73.4%11.1%-3.5%280.9K-3.4M-310.9K3.2923.84N/AN/A28,46093,680396,428346,180
2018-11-28$3.75$3.5068.3%20.2%67.7%43.7%69.0%-0.8%-1.9%85.3K1.8M-343.9K0.9325.18N/AN/A16,80415,688405,040408,928
2018-11-29$3.66$3.5072.8%21.3%68.3%49.0%78.9%11.2%4.7%-54.8K7.6M-334.2K1.0249.99N/AN/A21,23221,660409,544410,708
2018-11-30$3.40$3.5060.4%16.2%71.2%34.6%60.2%10.6%0.5%-884.7K34.6M-270.8K1.1424.18N/AN/A35,72040,632418,048420,740