GME Options History — August 2020

In August 2020, GME traded between $1.04 and $1.65. ATM implied volatility averaged 122.5%, placing in the 44.3% IV rank vs the trailing year. The 30-day expected move averaged 35.7%. IV traded above realized volatility by 68.9% (HV 20d: 53.6%). Max pain ranged from $1.13 to $1.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2020-08-31: Highest Volume — 512,880 contracts
  • 2020-08-31: Largest IV spike — 66.0% change
  • 2020-08-31: Highest IV Rank — 100.0%
  • 2020-08-31: Largest Expected Move — 56.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.19$1.04$1.65$1.04$1.65
Max Pain$1.28$1.13$1.50$1.25$1.50
ATM IV122.5%84.3%218.1%84.3%218.1%
Expected Move35.7%23.0%56.6%23.0%56.6%
HV 20d53.6%42.3%88.5%42.3%88.5%
HV 60d80.1%77.5%86.6%81.5%86.6%
IV Rank44.3%21.3%100.0%21.3%100.0%
IV Percentile70.6%43.3%100.0%43.3%100.0%
Term Structure-8.1%-130.2%14.0%9.8%-130.2%
VWIV125.4%80.7%188.0%80.7%188.0%
Skew 25d8.9%-67.4%67.9%18.3%-67.4%
Skew 10d10.0%-99.3%91.5%0.6%-99.3%
Call IV 25d113.4%46.0%231.9%80.5%231.9%
Put IV 25d122.2%98.8%164.5%98.8%164.5%
Bid-Ask Spread %20.018.5153.488.5126.69
Gamma HHI0.130.090.190.120.09
Net GEX90.5K-6.3K284.0K-6.3K59.2K
Net DEX3.0M-40.5M15.6M15.6M-40.5M
Net VEX-294.0K-418.9K-225.1K-225.1K-418.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.121.550.400.76
Total Volume88,605.14313,876512,88052,520512,880
Total OI1,585,087.6191,395,3921,678,5841,395,3921,678,584

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$1.04$1.2584.3%23.0%42.3%21.3%80.7%18.3%9.8%-6.3K15.6M-225.1K0.408.51N/AN/A37,64014,880642,240753,152
2020-08-04$1.11$1.25138.6%24.3%47.0%54.2%98.3%58.8%-4.8%21.2K6.1M-268.1K0.1953.48N/AN/A177,74433,188664,508764,240
2020-08-05$1.15$1.25118.5%31.3%46.7%42.0%108.7%67.9%12.6%108.5K3.8M-290.9K0.1213.79N/AN/A66,2968,232740,968796,776
2020-08-06$1.11$1.13109.9%33.6%48.5%36.7%117.6%13.2%5.5%123.5K6.6M-277.7K0.2038.41N/AN/A26,4165,392769,800798,596
2020-08-07$1.04$1.13102.0%33.3%52.9%32.0%116.7%-5.0%0.8%7.6K11.1M-259.7K0.4820.50N/AN/A26,05612,388767,188798,924
2020-08-10$1.09$1.13111.0%33.4%55.1%37.4%117.1%16.3%-2.5%26.1K9.3M-271.8K0.2518.04N/AN/A39,92810,056733,824792,296
2020-08-11$1.09$1.13116.9%34.3%51.2%41.0%118.5%-11.1%8.2%64.5K8.5M-272.6K0.4114.80N/AN/A50,51220,820756,236799,432
2020-08-12$1.12$1.13109.6%33.5%50.9%36.6%117.4%8.1%4.7%111.4K7.1M-283.4K0.4818.40N/AN/A13,8606,636786,696816,048
2020-08-13$1.16$1.13110.6%32.6%51.4%37.2%114.5%13.6%5.3%157.5K5.4M-290.7K0.419.40N/AN/A18,3687,540790,560819,496
2020-08-14$1.19$1.13115.2%35.6%48.9%40.0%123.2%20.9%14.0%100.7K3.4M-292.0K1.5517.72N/AN/A19,88030,904791,140820,092
2020-08-17$1.16$1.25120.6%35.3%48.6%43.3%122.1%-2.9%-9.3%15.3K8.8M-284.1K0.4213.36N/AN/A18,5767,836772,208834,420
2020-08-18$1.20$1.25118.0%34.0%48.5%41.7%118.9%0.7%-8.8%105.2K5.6M-290.1K0.2314.79N/AN/A20,1204,576777,344838,028
2020-08-19$1.17$1.25118.1%33.9%49.8%41.8%116.4%6.2%-10.2%92.7K8.1M-280.3K0.3013.71N/AN/A10,6363,240782,584838,760
2020-08-20$1.16$1.25115.9%33.7%50.3%40.4%122.7%6.8%-9.7%67.6K11.3M-270.9K0.5317.69N/AN/A10,3285,456784,976840,424
2020-08-21$1.25$1.25140.9%41.1%56.6%55.6%142.8%-14.0%1.2%198.0K-882.3K-306.7K0.7828.78N/AN/A142,028110,704787,024841,600
2020-08-24$1.22$1.50124.9%40.4%58.1%45.9%136.8%14.9%2.8%21.9K6.2M-294.5K0.5321.95N/AN/A42,88022,520729,788831,120
2020-08-25$1.25$1.50125.6%40.1%57.5%46.3%139.1%-8.1%-17.2%108.2K2.7M-308.0K0.1818.61N/AN/A32,1045,872754,968843,328
2020-08-26$1.28$1.50121.9%38.7%57.6%44.0%137.6%17.0%-9.1%187.6K-960.9K-319.4K0.2012.80N/AN/A76,69215,232768,056845,356
2020-08-27$1.31$1.50120.6%40.2%57.7%43.2%140.6%11.0%-11.4%284.0K-5.1M-327.6K0.2017.90N/AN/A49,4529,952806,192854,520
2020-08-28$1.34$1.50131.3%42.0%56.8%49.8%155.8%21.0%-21.5%45.2K-8.4M-341.1K0.5520.97N/AN/A85,86047,028814,816860,532
2020-08-31$1.65$1.50218.1%56.6%88.5%100.0%188.0%-67.4%-130.2%59.2K-40.5M-418.9K0.7626.69N/AN/A290,784222,096803,744874,840