GME Options History — October 2020

In October 2020, GME traded between $2.29 and $3.76. ATM implied volatility averaged 134.8%, placing in the 50.7% IV rank vs the trailing year. The 30-day expected move averaged 37.4%. IV traded below realized volatility by 12.8% (HV 20d: 147.6%). Max pain ranged from $2.13 to $3.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2020-10-09: Highest Volume — 2,195,320 contracts
  • 2020-10-07: Largest IV spike — 25.1% change
  • 2020-10-09: Highest IV Rank — 60.8%
  • 2020-10-16: Largest Expected Move — 42.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.04$2.29$3.76$2.42$2.61
Max Pain$3.11$2.13$3.50$2.13$3.50
ATM IV134.8%108.5%151.9%110.4%141.9%
Expected Move37.4%26.5%42.5%27.7%39.9%
HV 20d147.6%127.0%165.9%148.3%145.8%
HV 60d120.9%106.1%132.1%106.5%132.1%
IV Rank50.7%35.1%60.8%36.2%54.9%
IV Percentile71.9%57.1%88.1%58.7%75.8%
Term Structure-4.8%-31.2%22.3%4.2%-5.9%
VWIV135.5%101.2%149.1%107.7%145.1%
Skew 25d-13.1%-40.5%7.5%-6.3%2.2%
Skew 10d-14.7%-59.0%24.3%-27.3%7.3%
Call IV 25d146.3%111.2%188.7%111.2%143.3%
Put IV 25d133.2%94.8%163.0%104.9%145.5%
Bid-Ask Spread %21.663.4535.8620.5232.64
Gamma HHI0.090.060.510.070.09
Net GEX877.6K-94.5K4.3M578.6K-94.5K
Net DEX-128.7M-247.2M-12.9M-91.6M-12.9M
Net VEX-856.8K-1.1M-595.1K-620.2K-851.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.251.070.260.70
Total Volume431,078.72762,3802,195,320122,080228,788
Total OI2,519,925.2732,225,4723,232,8882,291,4202,612,352

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$2.42$2.13110.4%27.7%148.3%36.2%107.7%-6.3%4.2%578.6K-91.6M-620.2K0.2620.52N/AN/A96,84825,2321,134,1041,157,316
2020-10-02$2.35$2.25108.5%26.5%149.1%35.1%101.2%-18.4%22.3%297.7K-74.9M-595.1K0.5024.37N/AN/A111,67655,4441,147,3321,169,520
2020-10-05$2.36$3.00115.4%35.3%149.0%39.2%126.9%-17.2%0.7%293.9K-74.2M-605.6K0.2818.39N/AN/A77,60821,5241,079,2081,146,264
2020-10-06$2.29$3.00118.8%34.0%149.6%41.2%123.3%-25.3%-31.2%263.1K-69.0M-602.2K0.3523.14N/AN/A46,18416,1961,094,2841,154,380
2020-10-07$2.35$2.75148.7%33.6%148.8%58.9%123.8%-27.6%-18.9%308.1K-73.4M-599.2K0.5815.56N/AN/A41,70424,1561,103,7441,163,596
2020-10-08$3.19$3.00145.0%39.7%165.1%56.7%139.6%-6.7%-3.2%759.8K-204.9M-688.1K1.078.93N/AN/A599,016642,5761,113,8241,178,444
2020-10-09$3.04$3.00151.9%38.6%165.9%60.8%138.6%-40.5%-1.2%723.2K-178.4M-739.7K0.794.75N/AN/A1,229,336965,9841,305,2561,341,576
2020-10-12$2.94$3.00142.0%37.0%164.4%55.0%133.1%-13.6%-17.3%614.9K-128.7M-824.5K0.453.45N/AN/A362,100162,6401,269,4761,404,028
2020-10-13$2.99$3.00135.8%37.3%164.4%51.3%141.6%-21.6%-6.1%777.8K-140.9M-839.9K0.4415.61N/AN/A210,70893,2481,335,1001,438,324
2020-10-14$3.08$3.25134.4%36.7%150.6%50.4%134.4%-20.4%-5.4%1.2M-158.6M-859.0K0.4323.69N/AN/A259,592110,8361,393,0361,456,852
2020-10-15$3.51$3.25143.2%41.7%155.4%55.7%147.7%-4.8%12.0%2.2M-247.2M-917.9K0.4024.97N/AN/A982,220393,6441,452,0521,494,960
2020-10-16$3.31$3.25147.3%42.5%158.0%58.1%149.1%7.5%1.8%490.8K-166.5M-978.4K0.3915.58N/AN/A294,876115,9561,557,8161,675,072
2020-10-19$3.48$3.25145.2%41.2%154.3%56.8%147.7%-13.6%-6.9%841.6K-155.1M-1.0M0.4335.86N/AN/A252,796109,1641,174,5321,137,916
2020-10-20$3.47$3.25140.4%40.0%138.8%54.0%144.2%-13.9%-13.5%860.8K-152.3M-1.0M0.3516.73N/AN/A133,30047,0681,217,0761,184,096
2020-10-21$3.52$3.25134.6%38.6%136.3%50.5%144.5%-14.8%-1.7%1.0M-159.6M-1.0M0.3531.78N/AN/A135,65647,9041,239,5641,199,608
2020-10-22$3.73$3.25135.3%39.5%129.8%51.0%140.9%-11.5%-7.7%1.7M-196.5M-1.0M0.3632.85N/AN/A336,744120,1881,264,9401,209,668
2020-10-23$3.76$3.25134.8%38.9%127.0%50.7%133.6%-9.0%5.4%4.3M-197.8M-1.1M0.2923.66N/AN/A159,28846,7681,305,9481,244,272
2020-10-26$3.38$3.25146.1%39.8%134.4%57.4%142.0%-20.6%-14.4%670.5K-125.5M-1.0M0.3228.81N/AN/A263,46085,0001,167,4641,149,636
2020-10-27$3.19$3.50128.8%38.1%136.6%47.1%141.1%1.7%2.2%682.8K-95.0M-1.0M0.2520.59N/AN/A198,54850,3601,263,5881,189,536
2020-10-28$2.99$3.50129.2%37.8%139.1%47.3%139.0%3.1%-3.8%486.5K-67.5M-967.8K0.2532.35N/AN/A164,84041,7681,331,4841,201,312
2020-10-29$2.97$3.50128.4%37.9%137.6%46.9%135.3%-16.7%-16.3%392.9K-60.1M-950.3K0.2722.23N/AN/A96,81225,9761,378,5041,201,296
2020-10-30$2.61$3.50141.9%39.9%145.8%54.9%145.1%2.2%-5.9%-94.5K-12.9M-851.0K0.7032.64N/AN/A134,27694,5121,406,8841,205,468