GME Options History — August 2021

In August 2021, GME traded between $36.75 and $53.76. ATM implied volatility averaged 112.1%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 32.5%. IV traded above realized volatility by 40.6% (HV 20d: 71.5%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.52.

Notable Days

  • 2021-08-24: Highest Volume — 1,558,700 contracts
  • 2021-08-24: Largest IV spike — 50.7% change
  • 2021-08-24: Highest IV Rank — 35.4%
  • 2021-08-24: Largest Expected Move — 45.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.82$36.75$53.76$39.47$53.76
Max Pain$48.07$45.00$50.00$45.00$50.00
ATM IV112.1%97.8%149.8%97.8%125.0%
Expected Move32.5%25.9%45.7%25.9%37.9%
HV 20d71.5%45.3%105.4%63.8%101.4%
HV 60d117.8%109.0%125.9%125.6%110.6%
IV Rank24.5%20.4%35.4%20.4%28.3%
IV Percentile16.2%4.4%57.1%4.4%28.2%
Term Structure1.0%-5.2%11.0%7.1%-1.9%
VWIV128.8%100.7%190.3%100.7%144.3%
Skew 25d-19.8%-47.5%-9.0%-11.0%-30.6%
Skew 10d-44.3%-84.4%-29.0%-29.0%-57.3%
Call IV 25d130.4%110.2%180.6%111.0%148.5%
Put IV 25d110.6%97.7%145.4%99.9%117.9%
Bid-Ask Spread %12.159.1221.8211.7410.47
Gamma HHI0.060.040.130.060.04
Net GEX5.6M-4.8M25.4M-1.4M20.1M
Net DEX-636.9M-1.53B-93.6M-275.2M-1.53B
Net VEX-5.4M-7.2M-4.5M-5.0M-7.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.280.870.820.28
Total Volume385,790.545122,1761,558,700289,804412,140
Total OI2,893,671.2732,605,6963,271,3122,713,1643,012,768

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$39.47$45.0097.8%25.9%63.8%20.4%100.7%-11.0%7.1%-1.4M-275.2M-5.0M0.8211.74N/AN/A159,644130,160702,2802,010,884
2021-08-03$38.00$45.00102.0%26.9%64.5%21.6%104.3%-11.4%8.1%-3.0M-159.9M-4.8M0.8716.11N/AN/A124,688108,652732,6202,042,716
2021-08-04$36.75$45.00103.7%28.2%63.5%22.1%106.2%-11.1%9.3%-4.7M-93.6M-4.9M0.6721.82N/AN/A141,58494,372790,1762,073,060
2021-08-05$38.15$50.00104.7%32.0%65.8%22.4%123.9%-9.0%8.5%-1.5M-212.6M-5.1M0.4611.67N/AN/A169,22078,172850,3042,086,864
2021-08-06$37.81$50.00100.4%30.4%65.5%21.2%119.1%-12.3%11.0%-3.3M-168.7M-4.9M0.6611.01N/AN/A118,60477,724884,1882,099,648
2021-08-09$40.48$50.00112.8%33.0%71.4%24.7%130.0%-16.3%-0.5%2.0M-442.4M-5.1M0.3712.47N/AN/A216,39679,912741,0442,016,980
2021-08-10$39.92$50.00111.8%32.4%69.8%24.5%123.6%-15.9%0.9%849.5K-395.9M-5.0M0.6911.02N/AN/A122,68484,128765,8242,036,588
2021-08-11$39.59$50.00112.9%32.2%63.4%24.8%126.9%-14.2%-0.7%1.9M-381.4M-5.0M0.579.56N/AN/A77,58844,588848,5042,055,460
2021-08-12$40.33$50.00110.2%31.3%63.7%24.0%121.1%-13.8%-1.5%4.3M-441.0M-5.0M0.4810.34N/AN/A131,48063,612878,4762,075,100
2021-08-13$40.50$50.00104.5%30.0%62.7%22.3%115.5%-13.2%1.1%5.5M-423.5M-4.7M0.6713.01N/AN/A162,828109,136894,8442,082,932
2021-08-16$40.77$50.00104.5%29.7%62.5%22.4%119.6%-13.0%1.1%2.5M-439.9M-4.8M0.3211.27N/AN/A187,34459,528799,8842,021,212
2021-08-17$40.82$50.00103.4%29.6%46.3%22.0%123.2%-18.1%-0.8%3.7M-443.1M-4.8M0.4711.89N/AN/A114,96453,752844,3642,043,196
2021-08-18$39.60$47.50101.1%29.0%45.9%21.4%112.1%-14.0%0.3%1.0M-344.0M-4.7M0.5813.24N/AN/A91,34053,416900,1082,054,120
2021-08-19$38.50$46.25102.0%29.3%45.3%21.6%112.5%-13.2%-1.9%-4.8M-240.8M-4.5M0.8311.70N/AN/A113,75294,784922,8642,065,560
2021-08-20$39.83$46.2598.3%28.3%47.3%20.6%110.3%-13.1%-1.5%1.7M-330.4M-4.5M0.4412.39N/AN/A166,99274,272949,6082,079,100
2021-08-23$41.42$46.2599.4%28.8%49.4%20.9%109.3%-14.5%-0.6%4.4M-506.1M-4.6M0.3811.35N/AN/A174,09666,936695,3601,910,336
2021-08-24$53.35$45.00149.8%45.7%103.5%35.4%190.3%-35.2%-3.6%13.4M-1.50B-6.6M0.4911.30N/AN/A1,042,920515,780735,6361,928,488
2021-08-25$49.73$45.00140.4%42.6%105.4%32.7%181.9%-47.5%-5.2%17.0M-1.40B-6.3M0.3113.36N/AN/A849,076261,508805,6761,952,400
2021-08-26$50.80$46.25132.4%38.7%104.7%30.4%157.9%-44.2%-3.2%22.4M-1.52B-6.8M0.3710.22N/AN/A569,396207,948971,0882,100,844
2021-08-27$50.73$50.00123.1%36.3%103.4%27.7%150.8%-31.1%-4.2%25.4M-1.45B-6.8M0.349.12N/AN/A452,988154,1561,111,2162,160,096
2021-08-30$51.84$50.00125.8%37.7%103.0%28.5%150.8%-33.0%0.1%15.1M-1.31B-7.0M0.3512.28N/AN/A351,336123,796882,9482,045,404
2021-08-31$53.76$50.00125.0%37.9%101.4%28.3%144.3%-30.6%-1.9%20.1M-1.53B-7.2M0.2810.47N/AN/A321,29690,844953,7202,059,048