GME Options History — June 2023

In June 2023, GME traded between $21.45 and $26.92. ATM implied volatility averaged 68.7%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded below realized volatility by 15.1% (HV 20d: 83.8%). Max pain ranged from $20.00 to $22.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.34.

Notable Days

  • 2023-06-08: Highest Volume — 345,448 contracts
  • 2023-06-08: Largest IV drop — 31.5% change
  • 2023-06-07: Highest IV Rank — 55.0%
  • 2023-06-02: Largest Expected Move — 29.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.38$21.45$26.92$24.18$24.38
Max Pain$21.38$20.00$22.00$21.00$22.00
ATM IV68.7%52.4%101.6%83.3%57.5%
Expected Move19.8%14.4%29.0%28.1%16.3%
HV 20d83.8%50.0%99.9%52.1%93.3%
HV 60d76.1%64.7%92.4%80.5%65.4%
IV Rank17.2%0.0%55.0%32.8%6.4%
IV Percentile11.6%0.0%53.6%17.1%4.0%
Term Structure0.3%-5.0%5.9%-4.2%-3.1%
VWIV75.5%56.9%107.5%106.0%64.2%
Skew 25d-14.6%-27.0%-7.0%-9.8%-13.8%
Skew 10d-25.2%-52.6%-13.1%-13.1%-22.5%
Call IV 25d81.0%61.2%116.3%93.7%68.7%
Put IV 25d66.4%51.2%95.6%83.8%54.9%
Bid-Ask Spread %10.936.8018.6410.109.09
Gamma HHI0.100.060.210.140.12
Net GEX5.5M503.4K8.4M7.4M6.8M
Net DEX-206.9M-424.1M-9.5M-228.0M-185.2M
Net VEX-1.4M-1.6M-1.3M-1.4M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.170.640.280.25
Total Volume116,532.1940,543345,44866,39768,654
Total OI625,553.762529,192769,295587,531599,143

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$24.18$21.0083.3%28.1%52.1%32.8%106.0%-9.8%-4.2%7.4M-228.0M-1.4M0.2810.10N/AN/A51,74614,651418,603168,928
2023-06-02$24.59$21.0083.2%29.0%52.1%33.5%107.5%-12.7%-3.2%8.3M-255.8M-1.5M0.256.80N/AN/A59,29914,877428,893175,609
2023-06-05$24.34$20.0090.3%24.2%50.1%41.8%88.1%-16.1%-2.5%4.2M-219.1M-1.5M0.3015.57N/AN/A78,86723,660388,076161,809
2023-06-06$24.88$20.0094.6%24.8%50.2%46.8%91.3%-16.1%-5.0%4.5M-241.6M-1.5M0.2912.60N/AN/A58,64117,123412,269175,531
2023-06-07$25.95$20.00101.6%26.8%50.0%55.0%96.3%-20.7%-4.9%5.2M-309.0M-1.6M0.5018.64N/AN/A153,04976,410434,479183,893
2023-06-08$21.45$21.0069.6%19.7%87.2%17.7%71.8%-13.2%-0.8%503.4K-9.5M-1.3M0.6411.90N/AN/A210,655134,793498,717228,182
2023-06-09$22.56$21.0066.5%19.4%88.9%14.1%71.6%-10.8%-0.1%5.0M-116.1M-1.4M0.4211.55N/AN/A122,65551,511536,874232,421
2023-06-12$24.21$21.0063.8%18.4%91.8%10.9%68.1%-9.6%-0.6%6.7M-220.8M-1.4M0.3911.27N/AN/A80,48631,438458,678185,730
2023-06-13$26.92$21.0077.7%22.1%97.6%27.1%85.3%-22.6%-0.8%8.4M-424.1M-1.6M0.269.35N/AN/A265,71269,309478,182196,423
2023-06-14$25.65$21.0074.2%21.8%99.8%23.1%83.5%-23.4%1.3%7.6M-322.9M-1.6M0.3712.78N/AN/A103,28738,340515,812217,459
2023-06-15$24.84$22.0071.6%21.1%99.9%20.0%85.4%-27.0%1.3%7.7M-259.2M-1.5M0.278.28N/AN/A113,71930,732532,641218,775
2023-06-16$24.71$22.0066.2%19.3%99.9%13.7%74.3%-18.9%2.0%6.5M-242.9M-1.5M0.3910.70N/AN/A68,00926,468540,877222,326
2023-06-20$24.61$22.0059.5%17.1%98.2%5.9%67.1%-15.5%4.1%4.4M-185.2M-1.4M0.3812.32N/AN/A54,43720,896385,090161,120
2023-06-21$24.48$22.0057.3%16.4%93.3%3.3%65.4%-14.0%3.0%4.7M-180.6M-1.4M0.3011.24N/AN/A50,04614,809400,487168,908
2023-06-22$24.18$22.0054.1%15.3%91.9%0.0%61.3%-13.5%4.5%4.0M-156.8M-1.4M0.269.78N/AN/A36,7939,506412,542172,176
2023-06-23$23.86$22.0053.6%14.9%92.0%0.0%59.8%-10.5%4.3%2.9M-138.1M-1.4M0.458.98N/AN/A34,47815,452416,299174,480
2023-06-26$23.05$22.0053.3%14.7%92.8%0.0%57.2%-10.4%0.1%2.7M-106.0M-1.3M0.489.78N/AN/A39,11018,713372,891156,301
2023-06-27$23.55$22.0052.4%14.4%93.1%0.0%56.9%-8.8%3.0%3.4M-127.7M-1.3M0.179.95N/AN/A34,6045,939387,638166,221
2023-06-28$24.62$22.0054.3%15.5%93.0%2.4%58.5%-7.0%5.9%6.5M-196.6M-1.3M0.319.54N/AN/A54,76317,113397,628168,298
2023-06-29$24.91$22.0058.0%16.9%93.0%7.1%66.7%-12.5%1.9%8.2M-218.7M-1.3M0.229.24N/AN/A62,87413,552413,183173,037
2023-06-30$24.38$22.0057.5%16.3%93.3%6.4%64.2%-13.8%-3.1%6.8M-185.2M-1.3M0.259.09N/AN/A55,08513,569423,444175,699