GME Options History — November 2019

In November 2019, GME traded between $1.37 and $1.58. ATM implied volatility averaged 87.2%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 25.4%. IV traded above realized volatility by 32.6% (HV 20d: 54.6%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 1.42.

Notable Days

  • 2019-11-19: Highest Volume — 226,352 contracts
  • 2019-11-29: Largest IV spike — 44.7% change
  • 2019-11-29: Highest IV Rank — 87.1%
  • 2019-11-29: Largest Expected Move — 29.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.48$1.37$1.58$1.47$1.58
Max Pain$1.82$1.50$2.00$1.50$1.63
ATM IV87.2%66.2%128.1%89.7%128.1%
Expected Move25.4%19.1%29.8%19.1%29.8%
HV 20d54.6%44.7%66.2%66.2%44.7%
HV 60d68.3%62.1%73.8%73.8%62.1%
IV Rank47.9%27.7%87.1%50.3%87.1%
IV Percentile88.0%64.3%98.0%91.7%98.0%
Term Structure-1.0%-83.9%66.9%2.4%-25.9%
VWIV86.7%60.1%102.4%67.5%102.4%
Skew 25d10.6%-10.8%46.9%12.4%21.5%
Skew 10d20.6%-21.2%44.6%6.9%34.6%
Call IV 25d83.0%56.0%107.7%62.9%107.7%
Put IV 25d93.6%67.6%139.1%75.4%129.2%
Bid-Ask Spread %41.9215.9692.1275.8666.76
Gamma HHI0.290.200.410.270.33
Net GEX-381.6K-682.1K-91.9K-357.5K-551.1K
Net DEX20.4M10.2M33.2M19.1M10.2M
Net VEX-267.1K-294.0K-235.1K-272.7K-278.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.420.197.460.790.51
Total Volume57,748.44,904226,35252,04414,240
Total OI1,433,2231,191,9401,662,0561,304,3521,662,056

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$1.47$1.5089.7%19.1%66.2%50.3%67.5%12.4%2.4%-357.5K19.1M-272.7K0.7975.86N/AN/A29,14822,896517,000787,352
2019-11-04$1.47$2.0066.2%23.0%66.2%27.7%79.8%-0.4%19.4%-284.8K17.0M-265.4K0.1982.19N/AN/A8,8921,696513,460788,940
2019-11-05$1.48$2.0073.6%23.0%63.5%34.8%74.2%2.5%-3.6%-259.8K16.0M-264.8K0.3592.12N/AN/A11,8964,164516,084789,056
2019-11-06$1.53$2.0082.0%28.0%60.8%42.9%101.4%-10.8%17.4%-238.6K11.2M-275.3K2.8032.70N/AN/A19,51654,644518,024791,672
2019-11-07$1.54$2.0080.7%28.7%60.8%41.7%96.6%3.6%31.5%-221.8K10.8M-285.4K0.4847.71N/AN/A26,20012,652527,556830,712
2019-11-08$1.52$2.0080.8%24.0%56.2%41.8%60.1%0.6%4.5%-91.9K13.3M-284.3K0.4841.68N/AN/A19,0689,140546,068840,224
2019-11-11$1.50$2.0087.7%24.6%56.0%48.4%90.4%31.8%-8.6%-220.9K18.4M-264.6K1.6430.13N/AN/A6,81611,208540,292838,064
2019-11-12$1.47$2.0094.6%26.2%56.6%55.1%90.4%0.3%-5.9%-311.9K22.7M-259.9K1.0228.84N/AN/A9,7889,980541,048842,000
2019-11-13$1.49$2.0082.1%23.9%54.8%43.0%79.4%15.2%0.3%-321.4K22.3M-259.0K1.3122.77N/AN/A2,1242,780545,444842,652
2019-11-14$1.50$2.0092.2%25.8%54.6%52.7%89.6%4.2%1.2%-316.1K21.6M-262.8K0.6328.76N/AN/A16,52810,464546,284844,048
2019-11-15$1.47$2.0089.9%25.4%54.9%50.5%89.9%1.7%-2.1%-409.1K25.4M-253.7K1.2017.71N/AN/A15,32018,372555,424842,288
2019-11-18$1.42$1.7583.7%23.6%56.5%44.5%82.6%7.1%-7.0%-425.5K24.9M-235.1K7.4636.66N/AN/A24,120179,824455,884736,056
2019-11-19$1.39$1.7591.9%26.0%46.5%52.4%83.6%4.3%-83.9%-589.4K30.8M-246.1K4.1439.23N/AN/A44,056182,296474,560936,216
2019-11-20$1.37$1.7581.4%23.3%46.6%42.4%82.5%10.8%46.9%-611.2K32.6M-257.0K0.9830.47N/AN/A16,97616,708502,8921,036,692
2019-11-21$1.37$1.7585.0%24.6%46.5%45.8%85.3%11.2%-2.8%-581.1K33.2M-258.5K0.8918.97N/AN/A10,1409,064513,4881,047,832
2019-11-22$1.42$1.7588.3%26.5%48.8%48.9%88.9%1.2%-4.8%-682.1K28.7M-263.1K0.2815.96N/AN/A42,56811,936520,8401,049,652
2019-11-25$1.50$1.5089.7%26.2%52.6%50.3%91.3%7.2%-8.1%-455.1K23.5M-278.4K0.3518.19N/AN/A66,14423,472503,2561,052,184
2019-11-26$1.51$1.5087.8%29.0%48.6%48.5%102.2%46.9%66.9%-335.5K16.2M-284.3K2.5971.06N/AN/A37,24896,556543,3721,069,248
2019-11-27$1.58$1.6388.5%27.1%50.5%49.2%95.2%40.8%-58.8%-367.6K10.2M-294.0K0.3640.68N/AN/A41,42414,904550,9681,105,572
2019-11-29$1.58$1.63128.1%29.8%44.7%87.1%102.4%21.5%-25.9%-551.1K10.2M-278.6K0.5166.76N/AN/A9,4324,808552,9521,109,104