GME Options History — November 2020

In November 2020, GME traded between $2.69 and $4.26. ATM implied volatility averaged 153.5%, placing in the 61.8% IV rank vs the trailing year. The 30-day expected move averaged 43.9%. IV traded above realized volatility by 48.0% (HV 20d: 105.5%). Max pain ranged from $3.25 to $4.25. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.34.

Notable Days

  • 2020-11-30: Highest Volume — 1,196,500 contracts
  • 2020-11-30: Largest IV spike — 23.3% change
  • 2020-11-30: Highest IV Rank — 96.7%
  • 2020-11-30: Largest Expected Move — 63.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.12$2.69$4.26$2.69$4.26
Max Pain$4.13$3.25$4.25$3.50$4.25
ATM IV153.5%118.6%212.5%135.6%212.5%
Expected Move43.9%34.1%63.4%35.1%63.4%
HV 20d105.5%80.7%151.0%146.0%80.7%
HV 60d132.6%126.7%135.5%131.1%127.6%
IV Rank61.8%41.1%96.7%51.2%96.7%
IV Percentile83.0%54.8%99.2%69.8%99.2%
Term Structure0.4%-18.6%38.5%19.5%6.0%
VWIV154.1%121.2%223.8%130.5%223.8%
Skew 25d-12.8%-41.2%6.6%6.6%-34.1%
Skew 10d-21.3%-62.9%3.3%-29.8%-51.0%
Call IV 25d160.2%127.2%225.8%127.2%225.8%
Put IV 25d147.4%113.1%191.7%133.7%191.7%
Bid-Ask Spread %16.847.6828.1628.168.10
Gamma HHI0.090.060.360.070.10
Net GEX699.7K137.2K2.3M137.2K705.6K
Net DEX-80.3M-241.9M-23.2M-23.2M-241.9M
Net VEX-919.4K-1.1M-844.2K-844.2K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.140.730.470.73
Total Volume265,509.695,7681,196,500120,1521,196,500
Total OI2,475,315.42,213,9162,700,1042,336,9602,423,572

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$2.69$3.50135.6%35.1%146.0%51.2%130.5%6.6%19.5%137.2K-23.2M-844.2K0.4728.16N/AN/A81,78838,3641,186,9881,149,972
2020-11-03$2.92$3.50151.7%36.0%148.0%60.7%121.5%1.6%2.3%361.9K-53.6M-906.8K0.1627.31N/AN/A154,20024,4081,186,9881,149,972
2020-11-04$2.71$3.25118.6%34.1%151.0%41.1%121.2%-5.7%38.5%299.7K-25.9M-847.6K0.4023.60N/AN/A93,21237,2521,293,9201,175,536
2020-11-05$2.88$4.25126.5%39.6%105.7%45.8%140.8%-12.5%31.8%722.3K-49.1M-888.8K0.3914.68N/AN/A84,95233,3481,323,7201,185,216
2020-11-06$2.98$4.25142.2%40.9%105.4%55.0%144.6%-27.6%2.6%533.0K-66.6M-912.3K0.3126.18N/AN/A121,08037,5561,350,4361,190,116
2020-11-09$2.95$4.25163.0%42.4%104.6%67.4%148.4%-6.6%-18.6%543.2K-56.8M-899.9K0.1814.68N/AN/A119,76821,0881,228,0281,169,296
2020-11-10$2.79$4.25141.0%41.4%106.1%54.4%150.6%-15.7%1.6%466.5K-36.0M-863.8K0.2717.46N/AN/A111,60429,9761,277,0921,181,188
2020-11-11$2.93$4.25160.7%44.1%107.0%66.0%154.7%-10.7%-5.3%788.5K-55.3M-890.5K0.4412.27N/AN/A135,14459,0961,310,9521,194,356
2020-11-12$2.77$4.25154.8%43.7%96.0%62.5%155.3%-11.8%-8.3%468.7K-27.1M-872.3K0.2717.23N/AN/A83,08022,3081,374,9961,240,232
2020-11-13$2.78$4.25142.9%40.7%94.3%55.5%143.7%-2.6%-2.2%453.1K-23.6M-871.6K0.3611.90N/AN/A76,26827,5121,394,1121,248,780
2020-11-16$2.99$4.25151.4%42.8%96.5%60.5%148.9%-4.5%-6.1%498.7K-53.2M-904.3K0.2521.24N/AN/A195,15648,5681,271,4681,229,264
2020-11-17$2.91$4.25149.3%42.8%96.7%59.3%147.9%-0.7%-13.6%584.0K-41.6M-874.1K0.3911.88N/AN/A98,16038,5321,310,7681,245,912
2020-11-18$2.92$4.25149.2%42.8%96.5%59.2%149.8%-2.1%-6.1%509.5K-37.5M-867.2K0.4815.22N/AN/A64,62431,1441,323,3521,257,712
2020-11-19$3.12$4.25152.0%44.4%97.3%60.9%154.4%-6.2%-11.0%1.0M-73.1M-902.8K0.2017.51N/AN/A300,12859,8641,335,0441,263,568
2020-11-20$3.21$4.25159.8%46.1%98.0%65.5%161.0%-5.5%-4.9%422.5K-97.2M-924.2K0.2315.01N/AN/A294,44067,2081,418,4441,281,660
2020-11-23$3.49$4.25164.9%46.7%96.2%68.5%158.5%-41.2%-14.4%860.3K-136.4M-962.3K0.5018.24N/AN/A202,128101,0481,093,4121,120,504
2020-11-24$3.43$4.25160.7%45.9%93.9%66.0%160.5%-31.4%-1.5%809.4K-111.7M-970.1K0.3212.03N/AN/A142,23645,9441,130,6241,211,448
2020-11-25$3.72$4.25160.6%51.2%93.9%66.0%179.8%-35.6%-4.8%1.5M-170.1M-1.0M0.1416.43N/AN/A348,93648,2841,145,2241,192,292
2020-11-27$3.98$4.25172.3%53.1%95.8%72.9%186.3%-9.6%2.8%2.3M-225.9M-1.0M0.387.68N/AN/A459,724175,5641,225,8521,214,292
2020-11-30$4.26$4.25212.5%63.4%80.7%96.7%223.8%-34.1%6.0%705.6K-241.9M-1.1M0.738.10N/AN/A690,144506,3561,158,7201,264,852