GME Options History — March 2022

In March 2022, GME traded between $19.64 and $46.26. ATM implied volatility averaged 120.3%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 33.1%. IV traded above realized volatility by 8.3% (HV 20d: 111.9%). Max pain ranged from $27.50 to $37.50. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 0.56.

Notable Days

  • 2022-03-23: Highest Volume — 1,672,116 contracts
  • 2022-03-28: Largest IV spike — 22.1% change
  • 2022-03-29: Highest IV Rank — 49.0%
  • 2022-03-11: Largest Expected Move — 39.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.97$19.64$46.26$29.66$42.06
Max Pain$30.03$27.50$37.50$28.75$37.50
ATM IV120.3%98.1%151.1%121.1%122.1%
Expected Move33.1%27.6%39.3%32.0%33.8%
HV 20d111.9%75.9%164.3%90.3%163.5%
HV 60d99.0%84.9%120.7%90.7%120.7%
IV Rank23.0%13.1%49.0%17.2%37.5%
IV Percentile61.4%26.2%88.1%62.3%69.0%
Term Structure-3.4%-7.4%1.0%-3.8%-1.5%
VWIV122.1%102.3%144.2%120.5%124.4%
Skew 25d-8.1%-34.4%2.5%-7.7%-23.6%
Skew 10d-15.9%-55.4%1.2%-13.9%-45.1%
Call IV 25d131.0%102.1%178.0%133.3%142.4%
Put IV 25d122.9%102.8%146.1%125.6%118.7%
Bid-Ask Spread %13.539.0218.2312.7612.22
Gamma HHI0.060.030.250.050.05
Net GEX7.6M-2.4M30.3M6.9M17.3M
Net DEX-472.9M-2.03B181.4M-298.6M-1.26B
Net VEX-3.9M-6.9M-2.4M-3.9M-6.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.311.020.340.41
Total Volume624,584190,8761,672,116200,208957,984
Total OI1,879,053.5651,533,6362,581,3321,630,7802,581,332

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$29.66$28.75121.1%32.0%90.3%17.2%120.5%-7.7%-3.8%6.9M-298.6M-3.9M0.3412.76N/AN/A149,68050,528843,988786,792
2022-03-02$30.57$30.00112.5%28.2%89.9%14.4%107.6%-9.0%-2.5%8.4M-300.5M-3.7M0.3115.69N/AN/A188,66057,776882,452807,700
2022-03-03$29.59$30.00112.3%27.6%75.9%14.3%102.3%-2.8%-2.9%6.1M-233.8M-3.7M0.3216.57N/AN/A150,88447,600921,968812,244
2022-03-04$27.91$30.00113.4%27.7%79.7%14.7%102.9%-0.8%-2.2%-1.5M-68.3M-3.4M0.6012.48N/AN/A174,896104,392958,524825,540
2022-03-07$24.88$30.00122.8%32.0%89.7%17.8%122.0%-3.4%-3.0%-850.3K34.0M-3.1M0.7318.23N/AN/A173,896126,356761,840771,796
2022-03-08$25.84$28.75116.9%38.1%90.8%15.8%143.2%-1.7%-3.0%1.1M-37.6M-3.3M0.5612.47N/AN/A173,57297,148822,116801,464
2022-03-09$26.44$28.25111.9%36.5%82.6%14.2%134.4%2.1%-2.6%1.6M-56.7M-3.3M0.4617.06N/AN/A133,52461,584863,740812,076
2022-03-10$24.95$28.25109.1%37.7%76.8%13.9%135.6%1.1%-1.7%-1.8M52.0M-3.1M0.6614.09N/AN/A115,07675,800895,648821,568
2022-03-11$23.32$28.00110.9%39.3%79.4%15.3%144.2%0.7%-1.5%-2.4M138.9M-2.9M0.8812.51N/AN/A147,756129,340919,504821,132
2022-03-14$19.64$30.00123.3%32.3%96.2%19.8%118.8%-1.1%-5.0%-1.2M181.4M-2.4M1.0214.48N/AN/A182,660186,696765,116768,784
2022-03-15$20.72$30.00125.6%32.9%99.4%21.0%112.0%-1.5%-5.1%-687.1K128.2M-2.6M0.7313.25N/AN/A165,324121,088834,748829,456
2022-03-16$21.50$27.50121.8%31.8%96.4%21.9%124.2%0.9%-4.3%-319.2K91.6M-2.7M0.8213.92N/AN/A141,840116,648901,924861,640
2022-03-17$21.86$28.75121.6%32.0%96.6%23.6%119.4%1.9%-6.8%-170.4K72.8M-2.8M0.8713.51N/AN/A203,540177,484944,860898,560
2022-03-18$22.95$27.50100.4%28.2%99.3%14.2%107.8%2.5%-3.7%2.0M34.9M-2.7M0.6713.80N/AN/A572,488383,2201,040,548973,816
2022-03-21$23.57$27.5098.1%28.3%100.4%13.1%105.2%0.7%-2.4%1.5M-19.0M-2.7M0.6013.88N/AN/A215,068129,312781,608792,728
2022-03-22$30.91$27.50114.4%31.0%142.1%20.4%114.6%-8.7%-2.3%9.6M-579.1M-3.6M0.3814.23N/AN/A819,652309,388849,520822,996
2022-03-23$35.38$28.75127.2%33.2%148.7%29.1%121.5%-19.1%-4.0%16.6M-1.10B-4.5M0.3715.23N/AN/A1,223,020449,0961,021,748942,260
2022-03-24$35.40$30.00121.4%33.0%146.2%26.2%119.0%-15.7%-2.7%15.5M-988.2M-4.7M0.479.94N/AN/A606,544283,1521,219,2321,090,796
2022-03-25$37.59$30.00123.6%33.9%145.6%28.7%123.8%-22.2%1.0%30.3M-1.33B-5.2M0.389.02N/AN/A1,192,884458,3161,296,8361,115,024
2022-03-28$46.01$30.00151.0%38.5%160.5%44.4%135.8%-19.3%-3.8%21.4M-1.94B-6.0M0.3912.71N/AN/A881,000347,3081,036,884940,184
2022-03-29$46.26$36.25151.1%38.3%159.5%49.0%139.4%-34.4%-7.4%26.1M-2.03B-6.9M0.3812.18N/AN/A953,416365,8201,219,6801,073,680
2022-03-30$42.30$37.50133.4%35.3%164.3%43.0%130.4%-25.7%-6.8%18.8M-1.37B-6.4M0.4510.92N/AN/A525,916238,1001,320,1201,164,060
2022-03-31$42.06$37.50122.1%33.8%163.5%37.5%124.4%-23.6%-1.5%17.3M-1.26B-6.1M0.4112.22N/AN/A677,412280,5721,385,5281,195,804