GME Options History — May 2022

In May 2022, GME traded between $20.35 and $34.12. ATM implied volatility averaged 132.2%, placing in the 44.6% IV rank vs the trailing year. The 30-day expected move averaged 38.4%. IV traded above realized volatility by 30.4% (HV 20d: 101.8%). Max pain ranged from $27.50 to $37.50. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.77.

Notable Days

2022-05-26: Highest Volume — 1,643,592 contracts
2022-05-09: Largest IV spike — 19.3% change
2022-05-12: Highest IV Rank — 60.5%
2022-05-31: Largest Expected Move — 44.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.49	$20.35	$34.12	$29.72	$31.13
Max Pain	$30.65	$27.50	$37.50	$37.50	$28.75
ATM IV	132.2%	99.2%	154.8%	105.7%	142.2%
Expected Move	38.4%	26.6%	44.3%	29.4%	44.3%
HV 20d	101.8%	62.9%	155.1%	67.9%	155.1%
HV 60d	120.1%	110.0%	134.9%	111.9%	134.9%
IV Rank	44.6%	21.5%	60.5%	26.0%	51.6%
IV Percentile	78.5%	32.5%	94.4%	46.0%	90.9%
Term Structure	-2.3%	-10.3%	7.4%	6.4%	-6.8%
VWIV	141.4%	98.7%	166.7%	109.3%	163.0%
Skew 25d	2.6%	-1.1%	7.4%	4.1%	0.7%
Skew 10d	-2.9%	-14.8%	10.6%	0.5%	-10.2%
Call IV 25d	135.9%	100.5%	163.0%	106.2%	145.8%
Put IV 25d	138.5%	102.1%	163.9%	110.3%	146.5%
Bid-Ask Spread %	16.11	7.39	24.56	10.03	13.66
Gamma HHI	0.05	0.03	0.13	0.04	0.04
Net GEX	871.9K	-6.8M	16.0M	-1.5M	8.2M
Net DEX	-76.1M	-1.10B	346.7M	13.8M	-573.6M
Net VEX	-3.4M	-4.4M	-2.8M	-3.5M	-4.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.38	1.56	0.74	0.75
Total Volume	493,378.095	213,168	1,643,592	271,320	506,136
Total OI	1,968,586.286	1,648,328	2,542,204	1,648,328	2,135,216

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-05-02	$29.72	$37.50	105.7%	29.4%	67.9%	26.0%	109.3%	4.1%	6.4%	-1.5M	13.8M	-3.5M	0.74	10.03	N/A	N/A	156,072	115,248	746,332	901,996
2022-05-03	$30.08	$36.25	102.6%	28.2%	66.0%	23.8%	104.5%	1.1%	4.0%	-7.1K	-33.7M	-3.6M	0.50	7.39	N/A	N/A	158,704	80,064	805,952	922,528
2022-05-04	$31.82	$36.25	99.2%	26.6%	62.9%	21.5%	98.7%	1.6%	4.2%	4.9M	-156.8M	-3.6M	0.54	10.50	N/A	N/A	138,604	74,564	847,336	928,444
2022-05-05	$29.50	$35.00	102.6%	31.1%	65.6%	23.8%	111.2%	-0.0%	4.3%	-489.8K	13.0M	-3.4M	1.05	16.14	N/A	N/A	129,200	135,316	881,184	934,996
2022-05-06	$28.59	$35.00	106.8%	31.4%	65.6%	26.8%	113.0%	5.3%	7.4%	-6.8M	88.2M	-3.4M	1.11	20.73	N/A	N/A	142,312	158,368	907,924	964,780
2022-05-09	$24.88	$35.00	127.3%	36.5%	79.2%	41.2%	130.4%	2.2%	-1.2%	-4.0M	205.0M	-3.0M	1.09	16.72	N/A	N/A	168,672	184,608	767,200	926,420
2022-05-10	$23.07	$33.75	132.2%	37.8%	81.5%	44.6%	135.7%	2.3%	1.5%	-4.9M	269.4M	-3.0M	1.10	20.54	N/A	N/A	177,472	195,928	829,400	970,656
2022-05-11	$20.35	$32.50	150.0%	41.9%	89.0%	57.1%	155.3%	7.4%	-6.7%	-4.3M	346.7M	-2.8M	1.56	19.69	N/A	N/A	171,396	267,736	876,932	1,016,064
2022-05-12	$22.41	$30.00	154.8%	43.5%	96.0%	60.5%	158.7%	0.9%	-3.7%	-3.7M	216.1M	-3.2M	0.74	23.77	N/A	N/A	469,160	346,440	937,048	1,073,468
2022-05-13	$24.45	$27.50	138.5%	39.4%	103.7%	49.0%	144.0%	3.6%	-2.8%	-3.2M	71.9M	-3.3M	0.71	24.56	N/A	N/A	379,884	270,396	1,074,388	1,121,732
2022-05-16	$22.83	$27.50	143.4%	40.7%	102.4%	52.4%	149.4%	2.9%	-5.8%	-1.9M	138.1M	-3.1M	0.75	22.08	N/A	N/A	157,492	118,156	921,632	1,062,524
2022-05-17	$24.84	$27.50	131.7%	37.5%	103.6%	44.3%	138.5%	4.0%	-5.3%	-679.1K	52.2M	-3.2M	0.55	20.44	N/A	N/A	156,564	86,564	958,740	1,099,040
2022-05-18	$23.03	$27.50	145.4%	41.7%	105.3%	53.9%	160.8%	4.0%	-10.3%	-2.4M	146.1M	-3.0M	0.81	13.96	N/A	N/A	173,704	140,996	1,000,548	1,113,308
2022-05-19	$24.94	$27.50	144.2%	41.5%	110.8%	53.0%	150.3%	1.2%	-5.9%	1.2M	8.2M	-3.2M	0.60	17.65	N/A	N/A	259,144	155,268	1,035,192	1,156,400
2022-05-20	$23.78	$27.50	144.6%	42.1%	111.3%	53.3%	166.7%	3.4%	-7.6%	1.3M	111.3M	-3.2M	0.72	12.25	N/A	N/A	246,608	176,708	1,080,908	1,184,404
2022-05-23	$23.68	$27.50	140.0%	41.6%	111.3%	50.0%	152.9%	-0.5%	-4.0%	865.3K	-67.2M	-3.1M	0.72	10.87	N/A	N/A	137,684	98,652	838,292	883,072
2022-05-24	$22.41	$27.50	138.2%	41.2%	111.6%	48.8%	148.4%	4.5%	-4.2%	-1.1M	20.2M	-2.9M	0.79	13.97	N/A	N/A	158,560	125,804	896,932	920,724
2022-05-25	$28.43	$27.50	140.9%	43.6%	143.9%	50.7%	161.3%	2.5%	-3.3%	7.0M	-446.8M	-3.5M	0.53	15.73	N/A	N/A	679,896	363,684	936,784	943,424
2022-05-26	$32.34	$27.50	144.5%	43.2%	151.7%	53.2%	161.5%	4.9%	-1.3%	13.6M	-918.8M	-4.0M	0.51	15.10	N/A	N/A	1,090,976	552,616	1,125,480	1,070,708
2022-05-27	$34.12	$28.75	141.0%	42.7%	152.3%	50.7%	155.5%	-1.1%	-6.6%	16.0M	-1.10B	-4.4M	0.38	12.53	N/A	N/A	763,340	292,244	1,317,552	1,224,652
2022-05-31	$31.13	$28.75	142.2%	44.3%	155.1%	51.6%	163.0%	0.7%	-6.8%	8.2M	-573.6M	-4.1M	0.75	13.66	N/A	N/A	289,644	216,492	1,075,500	1,059,716