GME Options History — March 2019

In March 2019, GME traded between $2.53 and $2.96. ATM implied volatility averaged 58.6%, placing in the 30.0% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 25.4% (HV 20d: 33.1%). Max pain ranged from $3.00 to $3.25. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2019-03-26: Highest Volume — 74,060 contracts
  • 2019-03-04: Largest IV drop — 9.0% change
  • 2019-03-01: Highest IV Rank — 37.5%
  • 2019-03-27: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.74$2.53$2.96$2.96$2.54
Max Pain$3.18$3.00$3.25$3.00$3.25
ATM IV58.6%55.6%64.8%64.8%58.9%
Expected Move14.7%12.5%16.1%15.2%15.3%
HV 20d33.1%21.0%39.1%24.9%38.3%
HV 60d80.3%79.5%81.0%80.2%79.5%
IV Rank30.0%26.4%37.5%37.5%30.4%
IV Percentile69.3%60.7%84.1%84.1%71.4%
Term Structure-3.4%-15.4%2.3%-15.4%-2.2%
VWIV50.9%43.9%56.5%52.3%53.2%
Skew 25d10.4%4.7%38.6%25.9%12.3%
Skew 10d19.5%-13.3%44.3%44.3%-13.3%
Call IV 25d56.4%36.0%78.4%78.4%59.3%
Put IV 25d66.8%59.1%104.3%104.3%71.6%
Bid-Ask Spread %31.3312.17112.55112.5517.00
Gamma HHI0.270.170.350.330.18
Net GEX-594.6K-1.4M142.1K-589.3K-552.2K
Net DEX59.6M40.5M69.0M40.5M68.9M
Net VEX-160.9K-207.6K-124.3K-207.6K-139.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.162.971.040.97
Total Volume33,474.66711,44074,06023,64047,812
Total OI729,485.524664,952812,172737,896812,172

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$2.96$3.0064.8%15.2%24.9%37.5%52.3%25.9%-15.4%-589.3K40.5M-207.6K1.04112.55N/AN/A11,56012,080327,696410,200
2019-03-04$2.90$3.0058.9%14.0%25.9%30.5%49.0%38.6%-3.0%-598.1K47.6M-176.7K1.3299.20N/AN/A5,4727,212307,348384,028
2019-03-05$2.91$3.0057.0%15.2%25.8%28.1%53.2%11.2%-1.4%-573.8K47.6M-184.4K1.8886.47N/AN/A21,20839,888309,940389,188
2019-03-06$2.90$3.0060.7%15.3%21.8%32.6%49.3%5.3%-0.4%-652.5K52.4M-193.0K1.0126.84N/AN/A11,75211,872322,444418,208
2019-03-07$2.90$3.0057.2%15.2%21.0%28.4%54.0%6.1%1.5%-684.1K54.5M-186.5K1.4150.63N/AN/A8,69612,276325,424423,544
2019-03-08$2.74$3.0059.0%12.5%29.1%30.6%53.8%7.7%-0.4%-586.0K65.7M-163.4K1.5238.40N/AN/A15,36023,300325,260425,988
2019-03-11$2.81$3.2561.2%14.8%30.4%33.2%55.9%11.3%-7.3%-553.2K60.2M-162.8K0.9917.97N/AN/A10,57210,460310,552407,816
2019-03-12$2.87$3.2558.8%14.7%31.2%30.4%48.6%16.5%-1.0%-433.5K54.1M-185.2K0.4715.68N/AN/A12,4925,916319,680415,720
2019-03-13$2.90$3.2562.6%14.0%30.2%34.9%48.2%9.1%-9.1%-427.2K56.0M-173.7K0.1618.17N/AN/A35,2205,764326,456419,232
2019-03-14$2.73$3.2559.0%14.1%37.1%30.6%56.5%7.2%-3.7%-986.3K65.0M-155.8K1.2518.15N/AN/A16,94821,168294,992423,344
2019-03-15$2.76$3.2555.6%13.9%37.0%26.4%49.8%10.7%-2.3%-1.4M64.6M-156.1K1.1517.87N/AN/A17,46020,000300,692432,124
2019-03-18$2.78$3.2557.3%14.1%37.0%28.5%43.9%6.3%-4.3%-647.9K55.8M-162.6K1.4113.03N/AN/A8,09611,384276,424388,528
2019-03-19$2.73$3.2556.0%14.1%36.9%26.9%48.0%5.2%2.3%-564.4K58.3M-153.6K1.1715.74N/AN/A5,2806,160282,492395,312
2019-03-20$2.63$3.2557.7%14.9%39.1%29.0%51.2%5.0%-4.1%-595.0K62.4M-139.0K2.9721.35N/AN/A8,76826,020285,144397,248
2019-03-21$2.63$3.2557.6%14.6%38.9%28.9%49.4%7.3%-3.4%-744.6K65.3M-138.5K0.7912.53N/AN/A21,42016,868288,448414,960
2019-03-22$2.63$3.2557.0%14.6%37.0%28.2%47.1%6.8%-5.1%142.1K63.4M-144.2K1.1512.17N/AN/A11,75613,516302,856425,132
2019-03-25$2.53$3.2557.2%15.1%38.2%28.3%51.1%4.7%-2.4%-594.5K67.4M-124.3K0.9617.04N/AN/A24,08423,228281,960416,372
2019-03-26$2.58$3.2558.2%16.1%38.9%29.6%53.9%7.3%-2.8%-553.8K66.2M-135.4K1.2213.73N/AN/A33,30840,752301,488432,688
2019-03-27$2.58$3.2557.5%16.1%38.8%28.8%51.2%7.0%-3.5%-491.5K67.4M-151.9K1.1113.47N/AN/A16,32018,152327,260466,024
2019-03-28$2.56$3.2557.5%15.3%38.4%28.7%50.3%7.5%-2.9%-398.7K69.0M-145.0K0.8719.92N/AN/A17,81615,552332,996471,816
2019-03-29$2.54$3.2558.9%15.3%38.3%30.4%53.2%12.3%-2.2%-552.2K68.9M-139.3K0.9717.00N/AN/A24,27623,536339,848472,324