GME Options History — December 2019

In December 2019, GME traded between $1.35 and $1.65. ATM implied volatility averaged 78.3%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded above realized volatility by 13.4% (HV 20d: 65.0%). Max pain ranged from $1.63 to $1.75. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.38.

Notable Days

  • 2019-12-11: Highest Volume — 296,736 contracts
  • 2019-12-11: Largest IV drop — 33.4% change
  • 2019-12-10: Highest IV Rank — 61.3%
  • 2019-12-03: Largest Expected Move — 35.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.49$1.35$1.65$1.53$1.53
Max Pain$1.73$1.63$1.75$1.63$1.75
ATM IV78.3%62.8%101.2%90.0%73.4%
Expected Move24.0%19.3%35.1%32.6%25.2%
HV 20d65.0%39.2%83.2%39.2%82.4%
HV 60d60.0%54.2%64.1%62.6%64.0%
IV Rank39.4%24.5%61.3%50.6%34.7%
IV Percentile73.7%53.2%94.4%90.5%69.0%
Term Structure1.4%-9.5%33.0%4.8%0.1%
VWIV85.9%66.8%120.1%110.5%87.9%
Skew 25d12.2%-3.3%46.3%40.6%10.3%
Skew 10d15.7%-5.4%43.0%1.8%19.5%
Call IV 25d71.1%48.4%104.1%48.4%66.1%
Put IV 25d83.3%55.1%107.9%89.0%76.5%
Bid-Ask Spread %13.414.5141.6212.287.19
Gamma HHI0.290.210.390.350.25
Net GEX-478.5K-1.2M-10.9K-604.5K-176.0K
Net DEX26.9M1.9M52.9M15.1M19.6M
Net VEX-217.8K-269.3K-164.9K-260.5K-219.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.394.880.690.49
Total Volume101,793.52419,496296,73619,49679,312
Total OI1,663,465.7141,443,5601,932,6961,619,1841,569,032

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$1.53$1.6390.0%32.6%39.2%50.6%110.5%40.6%4.8%-604.5K15.1M-260.5K0.6912.28N/AN/A11,5127,984535,9801,083,204
2019-12-03$1.52$1.63101.1%35.1%39.4%61.3%116.3%46.3%33.0%-586.6K18.2M-264.7K0.9041.62N/AN/A31,12428,004541,4841,086,384
2019-12-04$1.60$1.6395.6%35.0%42.9%56.0%120.1%13.5%-5.9%-547.4K9.7M-264.6K0.7323.58N/AN/A20,53615,092568,1081,111,844
2019-12-05$1.57$1.7593.0%27.1%42.4%53.4%102.1%16.4%-8.0%-524.0K16.9M-269.3K4.8821.44N/AN/A11,38455,564575,1001,123,260
2019-12-06$1.65$1.7590.7%24.2%45.9%51.3%85.1%12.2%-9.2%-396.8K1.9M-248.7K1.1131.28N/AN/A45,78050,852579,3001,167,460
2019-12-09$1.58$1.7598.6%27.0%48.2%58.9%91.9%21.3%-3.8%-653.1K12.7M-256.7K0.5413.27N/AN/A85,64046,476570,4641,153,160
2019-12-10$1.60$1.75101.2%28.0%48.1%61.3%98.2%1.9%-1.6%-570.3K7.2M-259.7K1.6314.12N/AN/A71,528116,504612,5041,186,116
2019-12-11$1.39$1.7567.3%20.6%69.8%28.9%72.9%-1.3%2.9%-961.1K52.9M-208.3K1.737.44N/AN/A108,572188,164659,0761,273,620
2019-12-12$1.40$1.7564.6%21.0%69.7%26.2%76.9%14.9%12.2%-786.1K46.4M-211.7K1.246.26N/AN/A60,64074,960696,3441,227,496
2019-12-13$1.37$1.7562.8%20.7%69.9%24.5%79.4%1.4%10.0%-1.2M49.6M-200.1K2.144.51N/AN/A18,56039,644685,9921,197,240
2019-12-16$1.38$1.7567.4%19.9%69.9%29.0%74.6%5.5%-2.3%-572.6K44.0M-174.8K3.035.13N/AN/A38,584116,840608,7521,128,704
2019-12-17$1.50$1.7570.5%20.4%74.7%31.9%83.4%8.8%2.3%-419.1K30.0M-201.1K1.636.11N/AN/A35,11657,184618,4681,057,500
2019-12-18$1.55$1.7573.5%21.1%75.0%34.8%93.7%15.0%-1.0%-271.1K18.9M-211.3K2.924.80N/AN/A41,488121,224619,5481,025,092
2019-12-19$1.52$1.7571.1%20.9%75.2%32.4%73.1%7.4%-9.5%-10.9K24.0M-200.1K0.956.02N/AN/A16,77615,932633,888989,556
2019-12-20$1.50$1.7566.4%19.9%75.5%28.0%70.0%7.1%-5.9%-294.2K30.9M-194.6K0.455.63N/AN/A92,06841,252636,932991,500
2019-12-23$1.41$1.7567.8%19.3%78.5%29.4%66.8%6.9%-2.0%-379.9K38.1M-174.1K0.446.26N/AN/A43,06419,092550,868892,692
2019-12-24$1.36$1.7564.9%19.7%76.3%26.5%67.2%-3.3%-4.7%-333.3K38.4M-173.2K1.024.94N/AN/A14,11214,444562,688900,764
2019-12-26$1.35$1.7580.9%20.0%76.2%41.8%67.1%9.2%25.1%-273.1K41.1M-164.9K1.1523.58N/AN/A33,54838,572572,380908,852
2019-12-27$1.48$1.7570.8%22.5%82.2%32.2%77.9%14.3%1.8%-255.4K28.7M-200.5K0.3919.72N/AN/A65,38425,304599,812930,724
2019-12-30$1.53$1.7573.2%24.3%83.2%34.5%89.8%7.1%-8.5%-229.4K20.0M-216.9K0.8916.35N/AN/A73,97665,872563,560937,332
2019-12-31$1.53$1.7573.4%25.2%82.4%34.7%87.9%10.3%0.1%-176.0K19.6M-219.4K0.497.19N/AN/A53,08026,232587,584981,448