GME Options History — December 2020

In December 2020, GME traded between $3.20 and $5.26. ATM implied volatility averaged 140.6%, placing in the 54.1% IV rank vs the trailing year. The 30-day expected move averaged 42.4%. IV traded above realized volatility by 32.8% (HV 20d: 107.9%). Max pain ranged from $3.75 to $5.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.62.

Notable Days

  • 2020-12-23: Highest Volume — 1,824,104 contracts
  • 2020-12-09: Largest IV drop — 18.7% change
  • 2020-12-01: Highest IV Rank — 76.9%
  • 2020-12-01: Largest Expected Move — 58.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.16$3.20$5.26$3.99$4.72
Max Pain$4.18$3.75$5.00$4.25$5.00
ATM IV140.6%118.3%179.1%179.1%129.9%
Expected Move42.4%34.4%58.5%58.5%39.5%
HV 20d107.9%78.8%130.7%86.9%128.0%
HV 60d121.3%112.0%128.7%128.5%121.0%
IV Rank54.1%40.9%76.9%76.9%47.8%
IV Percentile64.8%42.5%95.2%95.2%51.6%
Term Structure1.3%-23.2%13.9%13.3%6.2%
VWIV151.4%122.0%210.7%210.7%145.4%
Skew 25d-17.9%-32.3%-1.5%-28.9%-12.6%
Skew 10d-27.0%-66.5%47.7%-62.1%-28.9%
Call IV 25d153.6%124.2%204.4%204.4%141.6%
Put IV 25d135.7%109.0%175.5%175.5%129.0%
Bid-Ask Spread %5.372.3316.914.894.58
Gamma HHI0.100.050.210.070.21
Net GEX368.0K-2.3M2.2M340.9K-2.3M
Net DEX-152.7M-409.3M23.8M-165.3M-144.6M
Net VEX-1.2M-1.4M-889.5K-1.2M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.282.400.280.64
Total Volume590,653.818175,6681,824,104410,716308,956
Total OI3,079,221.4552,679,2923,449,2402,767,2403,386,016

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$3.99$4.25179.1%58.5%86.9%76.9%210.7%-28.9%13.3%340.9K-165.3M-1.2M0.284.89N/AN/A320,00090,7161,293,9601,473,280
2020-12-02$4.14$4.25170.6%54.5%83.8%71.9%193.2%-30.5%9.1%693.9K-190.1M-1.3M0.294.83N/AN/A231,72068,0081,358,4961,508,612
2020-12-03$4.00$3.75164.4%50.2%79.2%68.2%180.2%-1.5%7.3%307.6K-158.7M-1.2M0.753.53N/AN/A161,788122,0801,397,2961,525,020
2020-12-04$4.21$3.75164.7%49.3%78.8%68.4%172.2%-22.3%13.9%1.0M-194.5M-1.3M0.503.79N/AN/A259,944129,9361,434,9561,579,088
2020-12-07$4.11$3.75165.8%47.6%80.1%69.1%167.9%-31.8%3.5%-36.8K-155.6M-1.2M0.584.38N/AN/A216,052125,3441,266,3921,522,852
2020-12-08$4.19$3.75161.1%48.8%79.6%66.3%172.6%-30.9%13.9%-95.0K-170.8M-1.3M0.575.60N/AN/A384,048219,6041,328,3241,598,912
2020-12-09$3.44$4.00131.1%38.4%107.8%48.5%141.8%-27.7%1.6%-1.4M21.9M-1.1M0.603.85N/AN/A795,368474,2361,515,3881,745,748
2020-12-10$3.54$4.00128.5%38.4%107.1%46.9%137.8%-12.1%4.3%-28.0K-26.0M-1.1M0.473.55N/AN/A250,296116,4601,686,0081,708,788
2020-12-11$3.33$3.75125.4%36.6%107.5%45.1%134.2%-32.3%5.4%115.0K23.8M-1.1M2.404.54N/AN/A220,436528,3961,734,5721,714,668
2020-12-14$3.20$3.75120.2%35.0%108.8%42.0%127.3%-13.0%-0.9%-190.4K16.6M-889.5K0.464.19N/AN/A307,780141,8041,409,6161,473,392
2020-12-15$3.46$3.75125.6%36.2%109.3%45.3%132.3%-13.7%-3.7%574.7K-44.0M-965.8K0.452.33N/AN/A355,236159,7681,494,8801,477,788
2020-12-16$3.44$3.75121.4%34.8%108.6%42.8%123.2%-12.8%-2.9%992.4K-37.0M-957.5K0.383.25N/AN/A127,52848,1401,603,6201,509,600
2020-12-17$3.71$3.75119.6%34.4%111.1%41.7%123.2%-7.4%-2.0%2.0M-100.2M-990.3K0.383.72N/AN/A244,01293,8641,613,2761,500,216
2020-12-18$3.92$3.75118.3%34.7%110.4%40.9%122.0%-6.7%-15.2%1.1M-154.7M-1.0M0.615.48N/AN/A417,416253,4521,641,3801,497,596
2020-12-21$3.94$4.25126.0%38.8%110.3%45.5%135.3%-15.1%7.6%959.4K-134.5M-1.0M0.8316.91N/AN/A181,104150,4041,338,3521,340,940
2020-12-22$4.86$4.25135.4%41.6%128.8%51.0%148.2%-2.7%1.6%1.2M-342.9M-1.2M0.786.90N/AN/A1,003,700785,8041,393,8881,445,496
2020-12-23$5.24$4.50151.0%45.4%129.8%60.3%160.1%-24.6%-0.8%2.2M-409.3M-1.2M0.814.98N/AN/A1,010,092814,0121,529,3721,518,080
2020-12-24$5.01$5.00134.2%42.6%129.6%50.3%152.8%-2.0%-23.2%147.9K-286.5M-1.4M0.336.09N/AN/A368,772120,6081,693,7721,752,640
2020-12-28$5.26$5.00140.7%44.0%128.7%54.2%155.6%-21.9%-3.1%633.4K-321.4M-1.3M0.554.75N/AN/A371,404206,0161,508,9041,627,408
2020-12-29$4.88$5.00141.8%43.2%130.7%54.8%152.8%-24.6%-4.1%132.2K-210.6M-1.3M0.507.16N/AN/A329,692164,9041,567,5001,682,980
2020-12-30$4.82$5.00139.1%40.1%128.1%53.2%143.0%-18.8%-3.7%-257.1K-175.6M-1.3M0.468.79N/AN/A215,89699,5881,613,1081,730,692
2020-12-31$4.72$5.00129.9%39.5%128.0%47.8%145.4%-12.6%6.2%-2.3M-144.6M-1.3M0.644.58N/AN/A188,000120,9561,626,7161,759,300