GME Options History — April 2019

In April 2019, GME traded between $2.15 and $2.59. ATM implied volatility averaged 46.8%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 6.9% (HV 20d: 39.9%). Max pain ranged from $2.75 to $3.25. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.56.

Notable Days

  • 2019-04-03: Highest Volume — 288,616 contracts
  • 2019-04-03: Largest IV drop — 33.8% change
  • 2019-04-02: Highest IV Rank — 40.9%
  • 2019-04-02: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.34$2.15$2.59$2.59$2.17
Max Pain$3.13$2.75$3.25$3.25$2.75
ATM IV46.8%40.0%67.6%62.6%56.0%
Expected Move12.7%11.5%17.4%16.7%12.5%
HV 20d39.9%34.8%45.6%39.0%39.3%
HV 60d66.4%35.4%79.6%79.6%35.4%
IV Rank14.9%7.3%40.9%34.9%24.8%
IV Percentile24.2%4.4%91.3%81.0%60.3%
Term Structure1.8%-8.4%11.6%-7.5%0.2%
VWIV44.2%37.4%61.6%60.3%41.3%
Skew 25d7.8%1.6%14.7%14.7%14.4%
Skew 10d17.5%-1.9%50.4%22.6%50.4%
Call IV 25d45.5%37.8%66.0%59.6%50.7%
Put IV 25d53.3%43.0%76.3%74.3%65.1%
Bid-Ask Spread %8.975.8020.1020.107.25
Gamma HHI0.220.140.400.200.24
Net GEX-333.4K-947.2K146.9K-542.7K6.0K
Net DEX58.6M24.5M82.6M66.0M27.2M
Net VEX-156.8K-177.9K-126.3K-145.4K-167.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.560.653.561.481.57
Total Volume68,800.57120,044288,61690,74820,044
Total OI801,089.143503,1441,001,852760,904598,796

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$2.59$3.2562.6%16.7%39.0%34.9%60.3%14.7%-7.5%-542.7K66.0M-145.4K1.4820.10N/AN/A36,53654,212312,380448,524
2019-04-02$2.54$3.2567.6%17.4%39.3%40.9%61.6%10.3%-8.4%-623.3K66.2M-160.2K1.339.31N/AN/A79,896106,388336,756489,468
2019-04-03$2.41$3.2544.8%13.0%42.1%13.4%47.6%8.0%3.2%-947.2K80.7M-126.3K1.6712.15N/AN/A108,260180,356399,100555,500
2019-04-04$2.51$3.2546.4%13.3%45.6%15.3%44.9%10.8%-2.1%-176.6K66.6M-141.9K1.197.33N/AN/A39,19646,812429,484553,324
2019-04-05$2.46$3.2543.0%12.7%42.0%11.3%42.3%7.2%-4.7%-241.7K73.9M-137.5K2.107.22N/AN/A34,18871,764441,856559,996
2019-04-08$2.49$3.2540.1%11.9%40.9%7.8%42.3%7.8%1.1%-284.7K71.5M-177.9K1.727.28N/AN/A11,97220,636370,360526,036
2019-04-09$2.46$3.2541.3%12.1%39.6%9.2%45.3%5.1%1.1%-396.0K72.7M-156.8K1.357.61N/AN/A21,38828,768373,964522,772
2019-04-10$2.50$3.2540.8%11.8%39.6%8.5%45.7%8.0%0.0%-284.3K72.5M-170.7K2.2811.19N/AN/A15,52035,456387,252535,944
2019-04-11$2.45$3.2540.0%11.5%34.8%7.7%40.9%4.8%0.6%-428.4K76.1M-170.6K1.728.21N/AN/A14,38424,808394,528548,356
2019-04-12$2.33$3.2540.4%11.7%37.7%8.1%37.4%5.2%0.9%-526.8K82.6M-148.7K3.567.57N/AN/A13,89249,404397,236549,592
2019-04-15$2.23$3.2542.1%11.8%39.2%10.1%40.4%4.5%2.9%-606.1K81.6M-140.1K1.147.48N/AN/A26,57630,172365,012535,476
2019-04-16$2.27$3.2543.2%12.4%40.4%11.5%42.2%4.6%11.6%-573.4K77.8M-153.1K0.865.90N/AN/A18,44415,940385,068535,900
2019-04-17$2.23$3.0043.1%12.4%39.1%10.4%43.5%6.1%8.5%-619.6K77.8M-152.7K1.4912.76N/AN/A15,28422,804395,040537,268
2019-04-18$2.19$3.0041.9%11.9%39.2%7.3%40.5%5.7%3.6%-291.3K79.8M-146.9K1.125.80N/AN/A20,17622,564401,144542,476
2019-04-22$2.15$3.0047.7%12.6%39.2%14.5%42.2%5.5%2.8%-284.0K28.5M-136.3K1.069.89N/AN/A39,68842,152211,868291,276
2019-04-23$2.23$3.0047.6%12.1%40.5%14.3%41.5%1.6%1.6%-142.9K26.1M-172.6K1.486.47N/AN/A15,07622,368247,060318,672
2019-04-24$2.26$3.0050.9%12.1%40.3%18.5%42.0%13.3%1.2%-102.4K24.5M-175.9K1.767.05N/AN/A10,98419,360256,236323,576
2019-04-25$2.24$3.0046.7%12.1%40.2%13.3%40.5%11.1%10.3%36.5K25.4M-177.5K2.466.16N/AN/A7,42018,236260,708326,640
2019-04-26$2.23$3.0046.8%12.0%40.2%13.4%42.6%3.0%7.3%146.9K25.4M-168.1K0.8511.66N/AN/A23,85220,376261,848324,412
2019-04-29$2.19$3.0050.6%12.1%40.4%18.1%42.5%12.6%3.6%-119.9K27.5M-165.1K0.659.90N/AN/A23,97615,484256,696315,272
2019-04-30$2.17$2.7556.0%12.5%39.3%24.8%41.3%14.4%0.2%6.0K27.2M-167.9K1.577.25N/AN/A7,78812,256276,848321,948