GME Options History — July 2020

In July 2020, GME traded between $0.97 and $1.10. ATM implied volatility averaged 84.3%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 23.7%. IV traded above realized volatility by 21.3% (HV 20d: 63.0%). Max pain ranged from $1.13 to $1.50. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.60.

Notable Days

  • 2020-07-20: Highest Volume — 102,000 contracts
  • 2020-07-30: Largest IV spike — 18.8% change
  • 2020-07-06: Highest IV Rank — 28.8%
  • 2020-07-06: Largest Expected Move — 26.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.03$0.97$1.10$1.10$1.00
Max Pain$1.32$1.13$1.50$1.50$1.25
ATM IV84.3%78.4%94.7%86.7%84.8%
Expected Move23.7%21.5%26.6%25.7%21.5%
HV 20d63.0%42.0%114.7%114.7%42.2%
HV 60d102.3%81.2%130.9%130.9%81.2%
IV Rank22.1%17.7%28.8%28.0%21.6%
IV Percentile44.0%32.9%58.7%50.0%44.0%
Term Structure1.5%-60.6%23.6%12.9%-2.0%
VWIV84.5%68.6%97.4%92.2%72.7%
Skew 25d9.2%-4.3%24.9%-1.5%9.5%
Skew 10d25.2%-11.8%60.7%26.1%8.4%
Call IV 25d82.3%74.9%93.9%86.4%79.5%
Put IV 25d91.5%80.9%101.2%84.9%88.9%
Bid-Ask Spread %15.588.8430.1522.0012.62
Gamma HHI0.170.100.420.210.42
Net GEX43.4K-143.4K305.0K273.6K305.0K
Net DEX23.6M14.3M33.1M23.3M17.3M
Net VEX-218.1K-251.1K-193.6K-251.1K-217.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.251.250.250.36
Total Volume38,293.27312,960102,00033,32815,664
Total OI1,640,231.2731,261,3401,888,6081,816,2241,433,832

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$1.10$1.5086.7%25.7%114.7%28.0%92.2%-1.5%12.9%273.6K23.3M-251.1K0.2522.00N/AN/A26,7046,624916,532899,692
2020-07-02$1.09$1.5084.0%21.7%114.7%25.8%81.7%13.2%2.1%72.9K26.3M-243.5K0.7317.83N/AN/A13,2169,632929,292900,836
2020-07-06$1.05$1.2589.4%26.6%112.7%28.8%97.4%15.8%4.3%19.5K28.5M-227.5K0.6213.33N/AN/A53,76033,412892,144894,368
2020-07-07$1.02$1.2583.1%25.7%85.1%25.2%89.8%15.3%-3.7%21.5K31.3M-213.3K0.6118.70N/AN/A18,36411,268930,184914,808
2020-07-08$1.06$1.2594.7%25.2%86.4%27.6%92.4%6.1%-1.6%81.1K28.5M-226.2K0.4816.28N/AN/A15,3007,328936,480919,456
2020-07-09$1.05$1.2589.1%25.0%82.0%24.2%88.5%13.3%2.0%37.9K30.6M-215.6K0.5630.15N/AN/A15,3608,640941,912921,712
2020-07-10$1.08$1.2581.0%24.5%58.0%19.3%86.4%12.7%4.7%67.2K28.8M-226.6K0.4216.40N/AN/A13,8885,880939,692923,500
2020-07-13$1.08$1.2587.8%24.4%51.1%23.4%88.9%17.4%-2.9%71.1K28.9M-227.6K1.0615.56N/AN/A29,38431,048911,068907,724
2020-07-14$1.02$1.2588.3%24.4%54.2%23.7%87.8%4.5%-1.5%7.2K31.3M-213.8K0.3229.17N/AN/A23,4127,408929,420925,232
2020-07-15$1.05$1.2588.7%25.5%55.7%23.9%85.8%12.8%1.5%29.7K30.5M-221.4K0.5612.28N/AN/A23,98413,320941,076929,548
2020-07-16$1.04$1.2585.1%24.1%55.0%21.8%86.3%6.1%-0.7%-49.6K31.5M-211.8K0.2816.70N/AN/A19,5045,556947,524930,380
2020-07-17$1.00$1.2579.8%22.6%54.5%18.5%84.0%-4.3%0.2%-143.4K33.1M-207.0K1.2518.99N/AN/A27,78034,628954,640933,968
2020-07-20$0.97$1.2580.8%23.3%54.5%19.2%86.3%7.8%11.5%-123.4K17.6M-193.6K0.4412.96N/AN/A70,72431,276559,152702,188
2020-07-21$1.01$1.1381.3%23.4%54.7%19.5%68.6%8.3%2.2%29.3K14.3M-210.4K0.9912.35N/AN/A42,79642,384614,944722,416
2020-07-22$1.03$1.5078.4%22.5%55.5%17.7%82.2%7.0%14.3%-23.3K14.6M-212.7K0.8512.46N/AN/A19,44816,516648,148756,540
2020-07-23$1.02$1.5078.8%22.3%42.7%18.0%76.9%16.5%6.0%129.5K16.0M-212.3K0.5012.42N/AN/A8,6524,308661,384768,068
2020-07-24$1.01$1.5081.9%23.6%42.5%19.8%78.8%10.8%3.2%14.5K15.0M-214.5K0.4413.53N/AN/A18,1847,992664,028768,496
2020-07-27$1.01$1.3879.1%22.6%42.1%18.1%85.9%24.9%23.6%40319.1M-204.7K1.0910.84N/AN/A11,47612,468628,080753,612
2020-07-28$0.99$1.3879.4%22.6%42.3%18.3%88.5%5.3%-60.6%23.9K19.4M-204.5K0.429.11N/AN/A13,1285,572635,344762,736
2020-07-29$1.02$1.3878.9%21.8%43.4%18.0%79.2%1.1%12.7%36.0K17.1M-219.5K0.478.84N/AN/A30,66414,300639,280765,908
2020-07-30$1.02$1.2593.7%22.4%42.0%27.0%79.9%0.5%4.4%75.2K16.0M-223.9K0.5510.27N/AN/A13,8647,636660,472769,272
2020-07-31$1.00$1.2584.8%21.5%42.2%21.6%72.7%9.5%-2.0%305.0K17.3M-217.0K0.3612.62N/AN/A11,4964,168666,388767,444