GME Options History — November 2021

In November 2021, GME traded between $49.15 and $61.80. ATM implied volatility averaged 99.6%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 29.2%. IV traded above realized volatility by 40.1% (HV 20d: 59.6%). Max pain ranged from $42.50 to $50.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.34.

Notable Days

  • 2021-11-03: Highest Volume — 1,351,284 contracts
  • 2021-11-19: Largest IV spike — 17.0% change
  • 2021-11-22: Highest IV Rank — 29.6%
  • 2021-11-22: Largest Expected Move — 39.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.63$49.15$61.80$50.17$49.15
Max Pain$49.11$42.50$50.00$42.50$50.00
ATM IV99.6%82.3%129.6%82.3%100.7%
Expected Move29.2%23.8%39.1%23.8%31.9%
HV 20d59.6%49.1%81.5%49.1%76.3%
HV 60d63.8%46.0%71.9%71.1%58.6%
IV Rank21.0%15.9%29.6%15.9%21.3%
IV Percentile22.8%10.7%51.6%10.7%25.0%
Term Structure1.0%-7.3%10.3%7.0%8.0%
VWIV117.8%91.8%161.1%91.8%118.9%
Skew 25d-31.0%-50.7%-17.0%-19.1%-17.0%
Skew 10d-66.0%-82.3%-40.3%-40.3%-40.6%
Call IV 25d124.4%98.4%169.2%98.4%115.7%
Put IV 25d93.4%79.3%118.5%79.3%98.8%
Bid-Ask Spread %11.266.9217.8015.4512.63
Gamma HHI0.050.040.090.050.04
Net GEX16.7M-4.0M34.9M17.8M5.1M
Net DEX-1.14B-1.98B-634.3M-1.04B-634.3M
Net VEX-6.0M-7.2M-4.9M-4.9M-5.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.210.560.230.55
Total Volume435,735.619216,5961,351,284770,832235,252
Total OI2,866,645.9052,493,8443,183,4922,676,0042,571,788

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$50.17$42.5082.3%23.8%49.1%15.9%91.8%-19.1%7.0%17.8M-1.04B-4.9M0.2315.45N/AN/A624,812146,020868,6001,807,404
2021-11-02$51.91$43.7590.7%26.6%50.0%18.4%102.9%-25.6%4.9%29.0M-1.37B-5.9M0.2117.04N/AN/A463,84097,0001,029,9641,860,328
2021-11-03$54.30$45.0097.1%29.3%50.5%20.2%121.0%-41.7%8.7%31.9M-1.71B-6.2M0.2417.80N/AN/A1,086,264265,0201,073,6241,880,156
2021-11-04$53.85$50.0098.4%30.3%51.0%20.6%118.5%-36.9%10.3%31.5M-1.55B-6.5M0.249.31N/AN/A434,824103,5361,196,0481,931,296
2021-11-05$53.36$50.0095.3%28.4%51.3%19.7%116.0%-37.1%9.8%18.1M-1.45B-6.2M0.338.51N/AN/A347,576113,6641,232,2921,951,200
2021-11-08$54.25$50.00102.7%30.1%50.4%21.8%123.1%-41.9%0.8%21.2M-1.37B-6.4M0.339.50N/AN/A266,03287,176970,8041,862,132
2021-11-09$51.78$50.0097.1%27.8%53.3%20.2%112.1%-35.2%-1.1%14.6M-1.06B-6.0M0.429.27N/AN/A200,53683,9081,022,8121,891,736
2021-11-10$49.80$50.0098.0%27.2%54.1%20.5%107.9%-29.4%-2.3%5.6M-817.3M-5.7M0.4310.35N/AN/A173,75273,9921,050,1761,915,592
2021-11-11$50.84$50.0094.4%26.1%54.4%19.4%111.4%-25.8%-4.0%7.1M-869.6M-5.7M0.378.90N/AN/A192,66472,1641,059,5881,926,404
2021-11-12$50.55$50.0092.4%26.2%54.5%18.9%112.7%-22.1%-0.8%1.9M-831.3M-5.4M0.5610.26N/AN/A170,22095,4641,094,8081,938,396
2021-11-15$51.93$50.0096.6%27.5%55.1%20.1%112.5%-27.5%-2.8%12.1M-949.7M-5.5M0.2910.67N/AN/A201,85659,096940,8201,890,016
2021-11-16$51.88$50.0095.7%27.3%55.1%19.8%117.0%-25.6%0.1%16.3M-993.6M-5.7M0.288.11N/AN/A176,75248,900999,0561,901,056
2021-11-17$52.30$50.0094.0%26.9%54.8%19.3%111.7%-27.8%-1.3%20.2M-1.06B-5.7M0.3410.69N/AN/A174,95659,9401,030,7121,908,596
2021-11-18$52.28$50.0096.4%27.8%53.7%20.0%118.3%-28.5%-3.1%22.0M-1.05B-5.7M0.3710.32N/AN/A157,96458,6321,055,6281,914,824
2021-11-19$56.65$50.00112.7%33.1%53.8%24.7%131.9%-38.3%-7.3%34.9M-1.65B-6.3M0.236.92N/AN/A590,888138,8321,084,3841,922,184
2021-11-22$61.80$50.00129.6%39.1%59.7%29.6%161.1%-50.7%-2.6%28.0M-1.98B-7.2M0.2310.36N/AN/A549,936126,344871,5601,640,920
2021-11-23$54.05$50.00110.0%32.3%80.2%24.0%126.6%-42.9%-1.2%18.1M-1.16B-6.6M0.3313.18N/AN/A473,192154,9761,024,5961,694,324
2021-11-24$53.03$50.00102.5%30.5%80.2%21.8%117.7%-30.7%-2.3%11.6M-926.6M-6.3M0.3710.62N/AN/A266,32899,6601,104,8761,723,700
2021-11-26$50.67$50.00106.4%31.8%81.5%22.9%118.8%-27.0%-4.7%-4.0M-671.2M-5.9M0.5512.48N/AN/A163,32490,2281,122,9001,740,420
2021-11-29$50.74$50.0099.3%29.8%81.5%20.9%121.8%-20.9%4.6%6.9M-769.5M-5.7M0.3114.05N/AN/A171,94052,988822,2481,671,596
2021-11-30$49.15$50.00100.7%31.9%76.3%21.3%118.9%-17.0%8.0%5.1M-634.3M-5.5M0.5512.63N/AN/A151,36483,888880,5481,691,240