GME Options History — July 2021

In July 2021, GME traded between $40.06 and $51.32. ATM implied volatility averaged 102.8%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 29.1%. IV traded above realized volatility by 17.5% (HV 20d: 85.2%). Max pain ranged from $42.50 to $50.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2021-07-16: Highest Volume — 536,100 contracts
  • 2021-07-23: Largest IV drop — 7.5% change
  • 2021-07-01: Highest IV Rank — 25.5%
  • 2021-07-07: Largest Expected Move — 33.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.37$40.06$51.32$51.32$40.06
Max Pain$46.61$42.50$50.00$42.50$45.00
ATM IV102.8%89.6%115.2%115.2%93.4%
Expected Move29.1%25.0%33.3%30.8%25.0%
HV 20d85.2%58.1%153.4%153.4%63.9%
HV 60d127.4%125.3%133.1%133.1%125.6%
IV Rank21.9%18.1%25.5%25.5%19.2%
IV Percentile7.8%2.8%15.1%15.1%2.8%
Term Structure2.2%-1.1%6.5%1.3%6.5%
VWIV117.2%95.7%139.2%125.8%95.7%
Skew 25d-14.8%-29.3%-5.1%-29.3%-9.7%
Skew 10d-31.8%-66.7%-5.1%-66.7%-26.8%
Call IV 25d117.1%97.7%141.4%141.4%101.3%
Put IV 25d102.3%90.1%113.7%112.1%91.6%
Bid-Ask Spread %10.436.3315.8311.148.84
Gamma HHI0.070.030.330.050.33
Net GEX-2.5M-25.2M9.3M-1.3M-18.3M
Net DEX-587.3M-999.3M-177.2M-999.3M-177.2M
Net VEX-5.9M-7.2M-5.1M-7.2M-5.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.381.240.520.93
Total Volume330,088143,252536,100405,652307,356
Total OI3,962,120.192,717,4525,126,8044,969,0642,962,988

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$51.32$42.50115.2%30.8%153.4%25.5%125.8%-29.3%1.3%-1.3M-999.3M-7.2M0.5211.14N/AN/A266,808138,8441,181,1603,787,904
2021-07-02$50.37$42.50110.3%28.8%153.2%24.0%116.4%-27.1%5.1%-25.2M-874.7M-6.9M0.748.64N/AN/A265,616195,7641,279,9483,817,240
2021-07-06$49.77$47.50111.8%32.6%147.4%24.5%136.2%-24.4%0.3%1.5M-911.1M-6.5M0.606.33N/AN/A192,836115,9241,035,7763,701,692
2021-07-07$47.35$47.50114.3%33.3%142.5%25.2%139.2%-22.4%2.1%-1.9M-696.6M-6.4M0.748.56N/AN/A230,528169,6721,096,5203,740,528
2021-07-08$47.40$47.50114.2%33.0%141.8%25.1%131.0%-25.3%0.3%167.9K-716.2M-6.3M0.698.48N/AN/A179,816124,2721,163,3123,769,828
2021-07-09$47.69$48.75107.8%31.5%64.1%23.3%126.5%-24.6%1.8%-877.3K-746.5M-6.3M0.578.25N/AN/A205,972118,0361,194,8163,786,788
2021-07-12$47.37$50.00104.1%30.3%58.1%22.2%123.2%-5.1%1.7%1.0M-775.2M-6.1M0.608.23N/AN/A173,120103,7201,052,6083,701,880
2021-07-13$45.10$48.75101.5%29.4%59.8%21.5%119.1%-6.6%0.5%-3.2M-551.1M-5.8M0.626.89N/AN/A179,272111,1881,118,2603,734,024
2021-07-14$41.44$47.50103.6%29.5%65.0%22.1%116.7%-7.9%-1.1%-6.8M-278.3M-5.5M1.159.93N/AN/A196,272224,9681,183,2563,771,476
2021-07-15$41.05$47.50108.9%31.2%64.5%23.6%127.4%-12.3%-0.2%-9.4M-248.9M-5.5M1.248.50N/AN/A232,084287,5841,228,8363,808,964
2021-07-16$42.31$47.50101.7%29.4%66.1%21.5%113.4%-10.7%1.3%-4.6M-399.9M-5.8M0.9210.57N/AN/A279,012257,0881,277,1363,849,668
2021-07-19$42.97$46.25107.5%30.9%65.9%23.2%127.4%-14.4%0.9%690.8K-469.3M-5.8M0.579.71N/AN/A181,836103,744731,3602,064,108
2021-07-20$47.97$46.25103.5%29.6%74.9%22.1%118.0%-14.8%1.6%8.9M-851.0M-6.0M0.4910.52N/AN/A230,604114,136800,1922,085,124
2021-07-21$46.29$46.25101.0%28.9%69.9%21.3%115.7%-14.4%2.3%9.3M-750.0M-6.0M0.5612.19N/AN/A168,78894,072878,8722,102,336
2021-07-22$44.64$46.2596.8%27.6%70.1%20.1%107.9%-9.2%3.4%3.3M-547.9M-5.8M0.6715.13N/AN/A145,94098,016903,0762,119,916
2021-07-23$45.04$46.2589.6%25.4%70.1%18.1%99.9%-7.6%2.9%-1.0M-544.4M-5.6M0.7215.83N/AN/A169,352121,804923,9162,142,632
2021-07-26$45.83$46.2591.9%25.4%67.7%18.7%103.7%-11.4%4.3%3.2M-593.3M-5.5M0.7913.35N/AN/A117,63293,116693,1802,024,272
2021-07-27$44.69$46.2592.2%25.5%63.0%18.8%100.3%-11.7%2.9%1.6M-535.7M-5.6M0.7313.53N/AN/A82,61660,636726,5762,047,636
2021-07-28$42.58$46.2596.3%26.8%64.6%20.0%111.4%-12.5%3.2%-2.3M-380.6M-5.4M0.6612.49N/AN/A217,144142,520776,0802,062,208
2021-07-29$41.48$46.2592.3%25.4%64.2%18.9%105.2%-9.5%4.6%-6.8M-285.0M-5.3M0.3811.81N/AN/A169,61664,524802,8442,075,588
2021-07-30$40.06$45.0093.4%25.0%63.9%19.2%95.7%-9.7%6.5%-18.3M-177.2M-5.1M0.938.84N/AN/A159,448147,908856,8162,106,172