GME Options History — February 2019

In February 2019, GME traded between $2.76 and $2.94. ATM implied volatility averaged 50.7%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 57.3% (HV 20d: 108.0%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 1.16.

Notable Days

  • 2019-02-05: Highest Volume — 83,380 contracts
  • 2019-02-14: Largest IV spike — 12.9% change
  • 2019-02-01: Highest IV Rank — 28.4%
  • 2019-02-07: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.86$2.76$2.94$2.81$2.94
Max Pain$3.70$3.00$4.00$4.00$3.00
ATM IV50.7%43.7%57.2%57.2%54.4%
Expected Move13.4%9.3%15.6%15.4%9.3%
HV 20d108.0%25.1%131.7%131.7%25.1%
HV 60d85.6%80.3%88.6%88.1%80.3%
IV Rank20.6%12.1%28.4%28.4%25.0%
IV Percentile43.0%12.3%67.1%67.1%59.5%
Term Structure2.6%-3.8%11.2%0.3%3.5%
VWIV47.4%36.8%56.6%49.0%43.6%
Skew 25d8.4%1.3%29.1%5.3%8.4%
Skew 10d17.5%-23.8%61.5%19.8%12.2%
Call IV 25d49.1%42.3%57.1%55.1%55.4%
Put IV 25d57.4%46.4%71.3%60.4%63.8%
Bid-Ask Spread %43.058.0069.3614.3462.96
Gamma HHI0.270.220.430.250.29
Net GEX-622.3K-888.8K-353.5K-639.6K-353.5K
Net DEX53.4M43.0M63.2M49.9M43.0M
Net VEX-183.0K-204.7K-161.2K-192.3K-194.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.612.711.152.71
Total Volume36,348.21117,46083,38058,68027,048
Total OI712,440.842637,932776,016677,772729,696

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$2.81$4.0057.2%15.4%131.7%28.4%49.0%5.3%0.3%-639.6K49.9M-192.3K1.1514.34N/AN/A27,25631,424289,156388,616
2019-02-04$2.83$4.0052.0%15.1%117.4%22.2%48.4%8.9%3.3%-607.9K49.9M-190.6K0.868.05N/AN/A25,70822,072283,436366,596
2019-02-05$2.94$4.0050.5%14.9%118.2%20.3%56.6%7.7%4.4%-559.8K46.3M-204.7K1.3066.06N/AN/A36,25247,128297,364382,228
2019-02-06$2.89$4.0049.4%14.4%117.5%19.0%49.1%14.7%4.0%-569.8K54.2M-204.6K1.568.00N/AN/A15,96424,932315,784414,152
2019-02-07$2.87$4.0053.1%15.6%117.1%23.4%55.5%6.1%2.4%-657.1K57.5M-198.3K1.668.91N/AN/A9,98016,600327,360425,476
2019-02-08$2.84$4.0050.7%15.1%117.0%20.6%54.2%11.0%11.2%-827.1K62.0M-188.5K1.1563.24N/AN/A11,20412,900328,668430,512
2019-02-11$2.82$4.0048.8%14.2%117.0%18.2%51.0%2.7%-3.8%-888.8K62.4M-176.0K0.7161.94N/AN/A10,1887,272310,632415,052
2019-02-12$2.89$4.0045.1%12.9%118.0%13.7%44.8%7.9%4.8%-651.0K58.8M-182.6K0.6159.54N/AN/A20,67212,672318,160421,040
2019-02-13$2.88$4.0043.7%12.5%118.1%12.1%45.5%7.0%2.1%-572.5K59.8M-178.6K1.2465.20N/AN/A13,46416,704333,744425,776
2019-02-14$2.84$4.0049.4%14.2%117.5%18.9%51.3%5.3%-2.0%-853.5K62.9M-172.9K1.1258.61N/AN/A10,92812,200336,516432,312
2019-02-15$2.85$4.0048.5%13.5%117.6%17.9%47.9%1.3%-2.4%-637.9K63.2M-173.9K0.9169.36N/AN/A19,26017,556339,316436,700
2019-02-19$2.80$4.0049.0%13.5%116.4%18.5%44.9%11.6%4.1%-536.5K52.2M-161.2K0.9531.74N/AN/A14,20013,556280,872357,060
2019-02-20$2.80$3.7551.4%12.5%115.6%21.4%45.4%29.1%3.3%-596.9K53.6M-163.7K0.7968.53N/AN/A22,88818,164287,332367,092
2019-02-21$2.76$3.2550.0%12.3%115.0%19.7%45.1%8.4%6.5%-753.1K53.4M-163.5K0.8613.47N/AN/A19,16816,572305,508378,376
2019-02-22$2.84$3.2548.9%11.8%115.6%18.3%41.6%4.1%4.9%-625.3K49.6M-177.7K0.7040.16N/AN/A29,57620,780311,088387,964
2019-02-25$2.89$3.0051.7%12.8%116.0%21.7%48.0%6.5%0.5%-530.4K46.2M-178.7K1.6217.96N/AN/A10,86417,640310,424378,512
2019-02-26$2.91$3.0055.1%11.9%116.2%25.8%41.9%7.0%1.0%-523.1K45.3M-186.9K1.0464.58N/AN/A14,48415,108316,848392,104
2019-02-27$2.92$3.0054.8%12.4%25.3%25.5%36.8%6.1%0.9%-439.4K43.7M-186.7K1.0735.27N/AN/A13,62814,604318,996395,908
2019-02-28$2.94$3.0054.4%9.3%25.1%25.0%43.6%8.4%3.5%-353.5K43.0M-194.9K2.7162.96N/AN/A7,30019,748326,388403,308