GME Options History — May 2019

In May 2019, GME traded between $1.89 and $2.24. ATM implied volatility averaged 59.5%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 24.7% (HV 20d: 34.8%). Max pain ranged from $2.00 to $2.75. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.89.

Notable Days

  • 2019-05-31: Highest Volume — 56,532 contracts
  • 2019-05-29: Largest IV spike — 14.6% change
  • 2019-05-29: Highest IV Rank — 38.5%
  • 2019-05-31: Largest Expected Move — 20.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.07$1.89$2.24$2.13$1.89
Max Pain$2.41$2.00$2.75$2.75$2.00
ATM IV59.5%51.1%67.0%51.1%58.3%
Expected Move16.8%11.4%20.8%12.0%20.8%
HV 20d34.8%30.6%39.2%39.2%34.6%
HV 60d36.4%34.8%37.8%35.4%37.8%
IV Rank29.2%18.7%38.5%18.7%27.6%
IV Percentile69.2%38.9%89.7%38.9%63.9%
Term Structure-1.0%-8.4%10.7%9.7%-4.2%
VWIV59.0%40.3%71.7%41.5%71.7%
Skew 25d8.2%0.7%15.2%11.1%6.7%
Skew 10d13.0%-9.3%34.6%-1.9%6.7%
Call IV 25d56.9%52.4%63.9%53.2%56.7%
Put IV 25d65.2%56.1%71.4%64.3%63.4%
Bid-Ask Spread %14.747.9639.359.1619.18
Gamma HHI0.250.160.580.270.16
Net GEX-39.9K-248.6K889.7K-129.4K-167.8K
Net DEX26.0M22.8M32.5M29.3M23.4M
Net VEX-153.5K-178.1K-132.6K-160.6K-144.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.292.440.730.78
Total Volume27,268.36411,00056,53225,32856,532
Total OI615,701.818555,916653,200601,964646,880

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$2.13$2.7551.1%12.0%39.2%18.7%41.5%11.1%9.7%-129.4K29.3M-160.6K0.739.16N/AN/A14,62410,704277,988323,976
2019-05-02$2.19$2.7551.2%11.5%37.9%18.9%40.9%8.3%4.5%57.1K26.7M-166.4K0.987.96N/AN/A11,51611,288285,196328,988
2019-05-03$2.24$2.7552.1%11.4%35.4%19.9%40.3%6.0%10.7%889.7K23.6M-173.5K0.298.18N/AN/A27,8288,032290,380333,588
2019-05-06$2.21$2.5055.5%16.6%35.1%24.2%56.1%0.7%-3.4%-75.7K24.3M-178.1K0.3111.69N/AN/A10,4243,252283,208327,080
2019-05-07$2.19$2.5058.7%17.1%34.7%28.2%58.4%8.4%-0.5%-39.6K25.6M-174.4K0.4812.97N/AN/A14,0446,780290,828327,100
2019-05-08$2.18$2.5058.6%16.5%34.7%28.0%59.2%15.2%5.1%52.5K25.2M-172.8K0.6311.21N/AN/A6,7684,232299,044329,684
2019-05-09$2.14$2.5060.7%16.9%34.3%30.6%61.7%6.2%2.2%60.8K27.5M-165.1K1.4514.92N/AN/A7,47610,860301,156329,812
2019-05-10$2.13$2.5056.0%16.5%34.0%24.9%57.8%4.9%0.8%199.1K29.0M-158.9K1.2113.01N/AN/A10,14012,280303,356332,212
2019-05-13$2.06$2.5063.2%17.3%31.6%33.8%61.8%6.0%-5.3%-231.2K32.5M-134.2K2.4413.49N/AN/A6,03214,708282,000323,372
2019-05-14$2.12$2.5062.8%18.3%31.2%33.3%60.4%13.7%0.6%-150.5K30.0M-152.9K0.6711.02N/AN/A29,98420,088287,420332,368
2019-05-15$2.17$2.5063.5%17.3%31.6%34.2%58.6%5.1%-4.7%42.3K26.1M-149.8K0.8813.10N/AN/A10,2649,080305,440337,584
2019-05-16$2.17$2.5059.7%16.8%31.1%29.4%58.3%11.3%-2.3%68.0K25.5M-151.0K0.6710.21N/AN/A7,7765,240309,016340,812
2019-05-17$2.15$2.5058.8%15.5%30.6%28.3%56.8%9.5%-7.8%213.4K26.9M-155.0K0.7813.24N/AN/A10,2888,056311,404341,796
2019-05-20$2.02$2.2559.8%17.0%37.7%29.5%58.9%5.1%-4.1%-204.2K25.0M-132.6K1.0115.72N/AN/A12,96813,104270,628285,288
2019-05-21$2.02$2.2560.0%16.8%35.1%29.8%61.1%9.1%-2.6%-174.3K24.0M-141.6K1.2514.29N/AN/A12,94016,140280,900293,352
2019-05-22$1.97$2.2563.5%18.2%35.2%34.2%64.3%9.3%-5.5%-241.0K25.8M-138.2K0.9915.88N/AN/A23,70023,396287,704300,880
2019-05-23$1.93$2.2565.6%19.0%35.6%36.7%64.4%11.4%1.5%-248.6K25.2M-148.2K0.6819.88N/AN/A15,78010,772304,136313,132
2019-05-24$1.96$2.2558.3%17.3%36.5%27.7%61.7%13.3%-6.8%-179.5K24.6M-150.0K1.2939.35N/AN/A9,39212,080307,132312,840
2019-05-28$1.95$2.2558.5%17.8%36.3%27.9%65.4%7.4%0.9%-235.1K22.8M-145.5K0.5917.64N/AN/A14,8888,716289,648298,628
2019-05-29$1.90$2.2567.0%20.4%36.8%38.5%70.3%7.2%-8.4%-207.2K24.6M-139.2K0.9618.53N/AN/A18,97218,280298,168301,504
2019-05-30$1.90$2.1366.2%19.5%36.6%37.5%68.3%5.2%-2.9%-176.0K24.5M-144.8K0.5013.73N/AN/A27,02013,460311,384308,428
2019-05-31$1.89$2.0058.3%20.8%34.6%27.6%71.7%6.7%-4.2%-167.8K23.4M-144.3K0.7819.18N/AN/A31,70024,832331,400315,480