GME Options History — April 2021

In April 2021, GME traded between $35.16 and $47.40. ATM implied volatility averaged 156.3%, placing in the 37.3% IV rank vs the trailing year. The 30-day expected move averaged 44.2%. IV traded below realized volatility by 32.1% (HV 20d: 188.4%). Max pain ranged from $30.00 to $50.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2021-04-14: Highest Volume — 1,357,100 contracts
  • 2021-04-06: Largest IV drop — 13.0% change
  • 2021-04-01: Highest IV Rank — 49.1%
  • 2021-04-01: Largest Expected Move — 53.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.51$35.16$47.40$47.40$43.56
Max Pain$45.18$30.00$50.00$30.00$45.00
ATM IV156.3%118.7%197.1%197.1%119.4%
Expected Move44.2%33.3%53.3%53.3%33.6%
HV 20d188.4%93.1%267.0%266.3%100.5%
HV 60d386.7%267.8%426.1%425.1%267.9%
IV Rank37.3%26.4%49.1%49.1%26.7%
IV Percentile58.6%22.2%82.9%82.9%23.8%
Term Structure-0.7%-4.5%5.7%-1.6%5.7%
VWIV169.5%133.2%207.6%207.6%139.5%
Skew 25d-24.8%-37.9%-9.4%-9.4%-31.4%
Skew 10d-39.5%-56.2%-15.2%-27.8%-56.2%
Call IV 25d180.8%141.1%214.4%208.6%144.3%
Put IV 25d156.0%112.9%199.3%199.3%112.9%
Bid-Ask Spread %5.273.199.069.065.77
Gamma HHI0.050.030.160.030.07
Net GEX4.6M-10.8M17.1M6.0M11.5M
Net DEX-1.05B-1.67B-571.0M-1.67B-1.17B
Net VEX-6.4M-7.3M-5.8M-7.3M-6.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.382.190.580.48
Total Volume684,564.571319,7561,357,100962,812535,844
Total OI5,638,843.2384,403,9246,916,5446,587,2044,918,852

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$47.40$30.00197.1%53.3%266.3%49.1%207.6%-9.4%-1.6%6.0M-1.67B-7.3M0.589.06N/AN/A608,532354,2801,375,8365,211,368
2021-04-05$45.66$50.00181.2%50.7%267.0%44.5%182.5%-12.4%-1.6%4.1M-1.47B-7.0M2.194.75N/AN/A196,884431,4801,119,2084,859,640
2021-04-06$46.02$48.75157.8%44.3%238.1%37.7%161.5%-12.8%-0.5%6.8M-1.47B-6.9M1.167.08N/AN/A220,088254,5721,240,3965,036,820
2021-04-07$44.47$48.75160.4%44.8%221.2%38.5%165.4%-14.5%-1.6%3.7M-1.27B-6.6M1.333.19N/AN/A270,932359,6001,276,8925,103,576
2021-04-08$42.55$47.50172.1%48.5%217.7%41.9%177.6%-16.6%-2.5%-108.5K-1.09B-6.7M0.973.49N/AN/A395,816384,8241,329,0205,165,344
2021-04-09$39.46$48.75167.6%48.0%218.4%40.5%176.6%-15.0%-0.7%-10.8M-679.0M-6.4M1.043.19N/AN/A507,928527,0961,428,0085,252,384
2021-04-12$35.95$48.75187.3%52.4%218.7%46.2%193.6%-23.5%-3.5%-1.9M-669.0M-6.4M1.065.31N/AN/A467,476494,5681,227,1405,003,608
2021-04-13$35.16$47.50177.1%50.2%211.1%43.3%189.6%-26.9%-1.1%-2.1M-571.0M-6.0M1.064.19N/AN/A272,944288,8281,352,0205,087,952
2021-04-14$41.41$45.00181.1%50.6%220.7%44.4%193.5%-31.4%-4.5%5.6M-1.24B-6.6M0.524.45N/AN/A894,408462,6921,410,3365,131,624
2021-04-15$39.10$45.00167.8%48.0%221.2%40.6%179.9%-33.4%-0.7%1.7M-945.4M-6.7M0.646.00N/AN/A549,224352,4001,558,5125,258,948
2021-04-16$38.66$45.00163.8%46.5%220.9%39.5%176.2%-33.5%-2.8%173.8K-871.7M-6.4M0.484.95N/AN/A547,292260,4761,639,2005,277,344
2021-04-19$41.30$43.75160.5%46.0%222.4%38.5%175.8%-27.0%-1.1%6.2M-986.3M-6.4M0.474.70N/AN/A434,060201,956948,7483,502,344
2021-04-20$39.32$43.75156.8%45.0%222.3%37.4%176.0%-25.2%-4.3%5.5M-833.8M-6.2M0.665.15N/AN/A192,556127,2001,089,1003,554,472
2021-04-21$39.44$43.75146.3%41.9%222.2%34.4%166.2%-27.1%-0.5%5.2M-800.9M-6.1M0.595.25N/AN/A216,516126,9641,125,1763,580,956
2021-04-22$37.48$43.75141.9%40.8%165.4%33.1%155.3%-27.9%-1.5%-437.8K-586.8M-5.9M0.644.94N/AN/A272,544173,7241,199,1483,605,760
2021-04-23$37.83$43.75129.7%37.2%93.1%29.6%156.1%-27.7%0.6%-3.7M-613.4M-5.8M0.524.76N/AN/A423,556218,8001,261,9083,639,828
2021-04-26$42.69$45.00139.3%40.7%103.8%32.4%160.4%-37.9%0.4%8.6M-1.14B-6.3M0.385.89N/AN/A549,224207,220928,7483,475,176
2021-04-27$44.73$45.00131.2%37.7%105.1%30.1%150.0%-33.1%0.1%16.2M-1.40B-6.6M0.655.19N/AN/A387,712251,9921,077,4283,530,568
2021-04-28$45.05$45.00125.3%35.7%100.7%28.4%143.9%-27.2%3.2%17.0M-1.39B-6.4M0.636.63N/AN/A271,180170,1841,138,0003,642,988
2021-04-29$44.44$45.00118.7%33.3%100.4%26.4%133.2%-26.6%5.0%17.1M-1.27B-6.5M0.666.69N/AN/A309,320202,9641,173,5443,677,788
2021-04-30$43.56$45.00119.4%33.6%100.5%26.7%139.5%-31.4%5.7%11.5M-1.17B-6.2M0.485.77N/AN/A361,528174,3161,216,6163,702,236