GME Options History — February 2021

In February 2021, GME traded between $10.14 and $55.36. ATM implied volatility averaged 229.5%, placing in the 58.3% IV rank vs the trailing year. The 30-day expected move averaged 65.6%. IV traded below realized volatility by 362.2% (HV 20d: 591.7%). Max pain ranged from $18.75 to $27.50. Net GEX was positive for 3 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.41.

Notable Days

  • 2021-02-25: Highest Volume — 4,435,220 contracts
  • 2021-02-03: Largest IV spike — 1288.9% change
  • 2021-02-03: Highest IV Rank — 100.0%
  • 2021-02-24: Largest Expected Move — 98.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.12$10.14$55.36$55.36$25.32
Max Pain$22.37$18.75$27.50$18.75$22.50
ATM IV229.5%26.9%373.9%199.7%236.4%
Expected Move65.6%44.8%98.6%86.5%98.6%
HV 20d591.7%474.0%631.4%474.0%511.8%
HV 60d368.2%294.9%404.5%294.9%404.5%
IV Rank58.3%0.0%100.0%48.8%60.4%
IV Percentile88.7%0.0%100.0%97.6%96.4%
Term Structure-13.7%-172.1%20.0%0.5%-11.7%
VWIV241.0%146.4%317.3%181.4%317.3%
Skew 25d7.7%-87.0%191.8%9.4%179.6%
Skew 10d-18.6%-176.3%160.7%-176.3%145.1%
Call IV 25d243.4%27.2%386.3%374.8%199.0%
Put IV 25d251.1%2.5%384.2%384.2%378.5%
Bid-Ask Spread %12.044.4130.126.067.32
Gamma HHI0.100.030.340.090.03
Net GEX-5.7M-17.0M4.5M-138.1K863.4K
Net DEX-191.9M-3.62B742.7M-3.62B-1.59B
Net VEX-4.0M-6.1M-2.6M-2.6M-6.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.410.552.432.430.84
Total Volume1,973,097.684495,1644,435,2202,341,1643,128,560
Total OI8,345,468.6326,349,45210,119,5527,390,1728,276,540

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$55.36$18.75199.7%0.0%474.0%48.8%0.0%9.4%0.5%-138.1K-3.62B-2.6M2.436.06N/AN/A682,6121,658,5521,045,9646,344,208
2021-02-02$23.61$18.7526.9%0.0%584.1%0.0%181.4%-24.7%-172.1%-5.2M-50.5M-3.8M2.384.68N/AN/A1,086,8682,589,7281,170,5847,090,736
2021-02-03$23.50$20.00373.9%0.0%584.4%100.0%146.4%179.3%-22.5%-5.0M-76.6M-4.0M1.875.43N/AN/A683,6841,280,0201,420,4327,682,872
2021-02-04$13.89$27.50341.5%86.5%623.2%90.7%315.6%-38.0%-24.8%-5.4M742.7M-3.4M2.339.57N/AN/A1,069,9762,495,5521,535,7567,824,588
2021-02-05$16.30$25.00335.3%87.9%623.8%88.9%308.9%143.4%-17.3%-17.0M434.2M-4.7M1.507.85N/AN/A1,326,5001,993,8881,755,7768,363,776
2021-02-08$14.63$25.00297.1%80.1%626.0%77.9%298.3%-54.8%-15.7%-7.4M326.4M-4.6M1.744.41N/AN/A537,016932,2001,342,4247,403,368
2021-02-09$12.21$25.00259.1%71.7%631.4%66.9%266.5%-44.2%-7.9%-8.6M599.9M-4.2M1.865.86N/AN/A580,2281,081,0241,513,5887,556,064
2021-02-10$12.87$25.00263.1%74.3%631.3%68.1%280.4%-87.0%-3.3%-7.4M445.5M-4.2M1.257.63N/AN/A827,6001,037,0761,658,4367,664,296
2021-02-11$12.84$25.00233.6%66.1%611.4%59.6%244.8%-75.4%-4.5%-8.0M481.1M-4.1M1.3610.49N/AN/A461,532629,1321,801,1407,695,792
2021-02-12$12.94$25.00208.3%58.4%607.4%52.3%221.5%-72.4%-2.6%-8.8M474.9M-3.8M1.1511.04N/AN/A627,044721,6641,891,4687,654,960
2021-02-16$12.44$25.00178.5%51.2%606.3%43.7%194.7%-50.6%16.6%-7.4M466.6M-3.4M1.0712.08N/AN/A472,200503,6161,374,5326,572,528
2021-02-17$11.56$22.50179.2%51.4%606.4%43.9%195.5%-43.0%11.7%-8.2M531.5M-3.3M1.2929.56N/AN/A345,056446,2601,558,6446,587,316
2021-02-18$10.29$21.25174.2%49.1%608.1%42.4%191.1%-63.3%14.3%-8.3M605.5M-3.3M0.6613.72N/AN/A737,532487,1441,698,3806,607,716
2021-02-19$10.14$20.00163.0%44.8%607.4%39.2%170.7%-30.3%20.0%-11.6M641.2M-3.0M1.3014.74N/AN/A605,892785,9401,911,3286,611,224
2021-02-22$11.32$20.00191.8%52.2%593.9%47.5%206.3%-53.9%-3.8%-4.0M210.3M-3.4M0.7612.83N/AN/A632,540482,7481,243,0565,106,396
2021-02-23$11.17$20.00179.3%46.2%583.8%43.9%179.1%-47.1%-5.0%-3.2M205.7M-3.4M1.4828.12N/AN/A199,572295,5921,478,2805,231,892
2021-02-24$22.93$20.00323.1%98.6%602.8%85.4%310.4%128.4%-31.9%2.5M-1.47B-5.3M0.5530.12N/AN/A1,048,424580,6641,526,2325,263,828
2021-02-25$30.98$18.75197.4%0.0%524.8%49.1%308.4%191.8%-1.1%4.5M-3.01B-6.1M1.037.29N/AN/A2,183,7482,251,4721,777,5405,322,244
2021-02-26$25.32$22.50236.4%0.0%511.8%60.4%317.3%179.6%-11.7%863.4K-1.59B-6.1M0.847.32N/AN/A1,702,8521,425,7082,046,7606,229,780