GME Options History — December 2021

In December 2021, GME traded between $34.16 and $45.25. ATM implied volatility averaged 106.0%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 30.5%. IV traded above realized volatility by 12.2% (HV 20d: 93.8%). Max pain ranged from $37.50 to $50.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2021-12-09: Highest Volume — 741,864 contracts
  • 2021-12-13: Largest IV spike — 17.4% change
  • 2021-12-14: Highest IV Rank — 27.8%
  • 2021-12-03: Largest Expected Move — 39.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.39$34.16$45.25$45.24$37.29
Max Pain$39.20$37.50$50.00$50.00$37.50
ATM IV106.0%88.5%123.3%103.0%88.5%
Expected Move30.5%23.9%39.8%33.3%23.9%
HV 20d93.8%78.1%113.3%80.4%90.3%
HV 60d70.2%60.7%75.4%60.8%75.4%
IV Rank22.8%17.8%27.8%21.9%17.8%
IV Percentile31.5%12.7%49.6%28.6%12.7%
Term Structure1.1%-3.1%5.6%4.2%4.1%
VWIV122.6%102.0%151.9%124.3%102.6%
Skew 25d-11.7%-21.8%-4.3%-17.2%-5.8%
Skew 10d-34.2%-61.0%-13.9%-43.3%-13.9%
Call IV 25d121.2%96.0%141.1%119.1%96.0%
Put IV 25d109.5%90.2%131.3%101.9%90.2%
Bid-Ask Spread %12.138.7921.3414.0317.74
Gamma HHI0.050.030.200.030.04
Net GEX2.1M-8.5M14.3M1.3M-2.1M
Net DEX-260.8M-442.2M44.0M-404.6M-198.3M
Net VEX-4.4M-5.3M-3.8M-5.2M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.341.270.580.49
Total Volume330,708.909187,864741,864247,180274,440
Total OI2,776,001.0912,554,3643,010,9082,612,4562,905,900

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$45.24$50.00103.0%33.3%80.4%21.9%124.3%-17.2%4.2%1.3M-404.6M-5.2M0.5814.03N/AN/A156,54090,640904,9321,707,524
2021-12-02$45.25$50.00104.4%33.5%78.1%22.3%128.1%-13.7%0.2%1.8M-386.5M-5.3M0.7212.47N/AN/A144,496103,384937,0561,726,928
2021-12-03$41.77$50.00122.3%39.8%82.0%27.5%151.9%-7.7%-1.6%-3.7M-174.8M-5.1M0.8010.21N/AN/A218,388175,000966,0281,745,064
2021-12-06$41.87$37.50117.5%33.2%82.2%26.1%140.1%-7.6%0.2%1.8M-315.5M-4.8M0.689.88N/AN/A146,26898,860852,3241,702,040
2021-12-07$43.95$37.50107.8%30.7%84.4%23.3%121.4%-11.6%1.3%3.7M-426.1M-4.9M0.5610.62N/AN/A137,43677,068903,6001,731,708
2021-12-08$43.62$37.50113.1%30.6%83.3%24.8%121.2%-16.4%-3.1%4.4M-409.9M-5.0M0.879.96N/AN/A205,056179,040949,9001,749,256
2021-12-09$38.79$37.50102.0%29.3%91.4%21.6%115.1%-4.3%1.1%-8.5M44.0M-4.1M0.9910.60N/AN/A372,020369,8441,041,0601,841,316
2021-12-10$39.67$37.50101.9%29.5%91.5%21.6%122.4%-11.0%2.4%-1.4M-91.9M-4.3M0.8012.53N/AN/A322,596256,9601,107,7041,850,356
2021-12-13$34.16$37.50119.6%33.8%103.5%26.7%135.5%-17.5%0.1%-1.3M-9.1M-4.0M1.279.25N/AN/A209,320266,100944,8601,747,552
2021-12-14$36.94$37.50123.3%34.5%108.1%27.8%147.9%-9.8%-2.7%1.2M-178.9M-4.7M0.9111.49N/AN/A234,764214,0161,026,8161,828,812
2021-12-15$37.42$37.50112.7%32.0%108.5%24.7%127.9%-7.7%-1.0%2.4M-184.3M-4.6M0.7415.08N/AN/A172,168126,9281,086,2041,871,356
2021-12-16$36.05$37.50109.4%31.2%108.3%23.8%130.4%-13.1%-1.1%-43.2K-81.5M-4.2M0.8410.86N/AN/A150,468126,4801,111,4521,875,536
2021-12-17$38.88$37.50111.4%31.7%113.3%24.3%126.3%-14.0%-1.2%14.3M-334.7M-4.6M0.529.60N/AN/A340,144177,7481,142,4761,868,432
2021-12-20$39.25$37.50113.6%32.5%108.0%25.0%138.7%-21.8%-0.8%5.6M-442.2M-4.6M0.488.79N/AN/A179,70086,612896,6441,735,536
2021-12-21$39.26$37.50105.9%30.3%101.0%22.8%119.2%-14.0%3.0%6.6M-424.9M-4.6M0.409.50N/AN/A134,04453,820972,7401,768,360
2021-12-22$38.43$37.50100.8%28.9%92.1%21.3%114.7%-10.1%3.4%5.1M-340.2M-4.2M0.408.98N/AN/A166,75665,9921,017,3321,772,064
2021-12-23$37.87$37.5095.7%27.3%92.1%19.8%108.2%-7.9%1.7%1.5M-273.2M-4.2M0.4815.81N/AN/A171,96481,9721,046,3241,787,764
2021-12-27$36.92$37.5097.4%27.6%91.5%20.3%105.5%-11.2%5.6%1.1M-229.1M-3.9M0.6313.64N/AN/A124,99278,740890,0881,742,716
2021-12-28$36.90$37.5098.1%27.0%91.5%20.5%106.9%-16.9%2.0%795.9K-235.6M-3.9M0.4812.40N/AN/A145,54869,264930,5401,771,668
2021-12-29$38.28$37.5093.2%25.4%93.1%19.1%107.1%-9.8%4.5%2.7M-283.6M-3.9M0.3712.04N/AN/A229,23284,688973,0001,790,628
2021-12-30$38.79$37.5091.3%24.7%89.6%18.5%102.0%-8.5%2.8%8.3M-356.8M-4.0M0.3421.34N/AN/A191,52464,5761,041,2401,809,188
2021-12-31$37.29$37.5088.5%23.9%90.3%17.8%102.6%-5.8%4.1%-2.1M-198.3M-3.8M0.4917.74N/AN/A183,85690,5841,084,8761,821,024