GME Options History — August 2023

In August 2023, GME traded between $16.45 and $21.63. ATM implied volatility averaged 78.8%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 24.3%. IV traded above realized volatility by 47.4% (HV 20d: 31.5%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.39.

Notable Days

  • 2023-08-31: Highest Volume — 103,350 contracts
  • 2023-08-31: Largest IV spike — 20.4% change
  • 2023-08-31: Highest IV Rank — 66.1%
  • 2023-08-31: Largest Expected Move — 35.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.14$16.45$21.63$21.63$18.62
Max Pain$21.00$20.00$22.50$22.50$20.00
ATM IV78.8%61.2%105.3%61.2%105.3%
Expected Move24.3%15.8%35.8%15.8%35.8%
HV 20d31.5%25.1%42.0%30.6%41.4%
HV 60d61.6%58.7%64.2%64.2%60.7%
IV Rank33.0%11.1%66.1%11.1%66.1%
IV Percentile34.7%16.7%77.8%16.7%77.8%
Term Structure1.5%-10.6%12.3%12.2%0.6%
VWIV93.6%62.9%127.8%62.9%127.8%
Skew 25d-14.7%-23.5%-8.1%-12.9%-9.2%
Skew 10d-29.8%-46.5%-16.8%-26.4%-26.5%
Call IV 25d91.7%71.4%116.3%73.2%116.3%
Put IV 25d77.0%58.9%107.2%60.3%107.2%
Bid-Ask Spread %11.628.9315.4210.2715.42
Gamma HHI0.060.050.100.060.07
Net GEX1.1M155.3K2.8M1.8M2.8M
Net DEX-14.0M-69.9M24.4M-50.5M-69.9M
Net VEX-886.5K-1.0M-717.8K-1.0M-963.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.200.970.400.97
Total Volume44,245.21725,601103,35033,565103,350
Total OI499,291.087428,274533,416491,314533,416

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$21.63$22.5061.2%15.8%30.6%11.1%62.9%-12.9%12.2%1.8M-50.5M-1.0M0.4010.27N/AN/A23,9119,654359,127132,187
2023-08-02$20.89$22.5062.1%16.1%31.9%12.2%63.7%-11.0%12.3%856.3K-18.4M-921.0K0.489.65N/AN/A32,15515,342365,205134,971
2023-08-03$20.98$22.0064.4%21.8%28.4%15.1%82.6%-11.9%11.9%1.2M-32.9M-1.0M0.3213.50N/AN/A23,0977,354371,701139,010
2023-08-04$20.97$22.0062.6%21.4%28.4%12.8%81.6%-12.5%7.5%444.5K-30.1M-979.7K0.3412.85N/AN/A48,63316,622378,503142,157
2023-08-07$20.98$22.0068.1%22.1%26.1%19.7%83.9%-10.1%7.6%1.7M-38.1M-1.0M0.2013.56N/AN/A27,5775,559351,159132,818
2023-08-08$20.77$22.0073.4%22.2%25.1%26.3%85.1%-19.6%2.6%1.6M-30.1M-959.6K0.2915.32N/AN/A20,6485,898362,859136,830
2023-08-09$19.91$21.0072.0%21.7%28.1%24.5%83.2%-8.1%6.7%627.6K-248.3K-852.7K0.3014.59N/AN/A26,8568,029367,574138,780
2023-08-10$20.06$21.0073.0%21.9%28.5%25.7%84.8%-11.1%3.0%1.0M-12.5M-909.8K0.2012.11N/AN/A22,2984,544374,430138,250
2023-08-11$20.23$21.0070.2%21.6%28.5%22.3%84.6%-12.5%9.1%1.2M-14.7M-857.5K0.339.44N/AN/A28,8409,635380,019139,220
2023-08-14$19.84$21.0077.6%22.5%28.8%31.5%83.7%-12.6%0.6%1.0M-4.5M-809.3K0.4110.97N/AN/A29,69212,033355,995129,789
2023-08-15$19.20$21.0079.0%22.8%29.7%33.2%90.8%-15.3%1.2%684.1K5.9M-847.2K0.3712.82N/AN/A20,6777,739367,675135,552
2023-08-16$18.68$21.0086.9%24.9%30.2%43.2%89.3%-13.6%-10.6%429.8K16.5M-828.3K0.4410.77N/AN/A29,39512,989372,304136,949
2023-08-17$18.48$21.0084.2%24.3%30.0%39.8%95.5%-15.3%2.5%281.4K20.8M-817.1K0.508.93N/AN/A17,0818,520382,503143,098
2023-08-18$18.45$21.0084.3%24.6%29.1%39.9%100.6%-15.8%-7.2%155.3K17.5M-846.8K0.259.06N/AN/A38,2949,538388,533143,148
2023-08-21$18.46$21.0083.6%25.3%26.4%39.0%101.4%-15.2%-1.5%874.6K-8.1M-809.0K0.2312.04N/AN/A31,3247,087307,594120,680
2023-08-22$17.38$21.0085.7%26.3%31.6%41.6%103.4%-18.5%-4.0%557.9K13.9M-717.8K0.329.19N/AN/A52,15116,840322,140123,554
2023-08-23$16.91$20.0084.4%26.1%31.4%40.0%103.7%-18.6%-4.0%406.4K14.3M-795.5K0.4310.36N/AN/A33,12214,124347,284130,317
2023-08-24$16.45$20.0083.5%27.0%31.5%38.9%105.8%-17.1%-0.7%248.4K24.4M-761.8K0.6013.14N/AN/A28,84917,417357,195135,469
2023-08-25$17.12$20.0087.3%27.3%37.0%43.7%105.8%-23.5%-1.9%646.8K2.5M-870.0K0.3310.15N/AN/A38,34812,709367,598141,762
2023-08-28$17.54$20.0086.2%28.7%37.9%42.3%111.4%-18.3%-2.7%1.1M-21.6M-880.7K0.4110.52N/AN/A40,87516,668342,745128,278
2023-08-29$18.30$20.0090.2%29.0%42.0%47.3%108.6%-19.8%-3.9%2.1M-50.9M-956.2K0.389.15N/AN/A38,14514,317362,518138,732
2023-08-30$18.38$20.0087.4%30.6%41.0%43.8%113.8%-14.9%-5.8%2.4M-54.7M-956.3K0.4013.37N/AN/A21,1688,536377,238146,829
2023-08-31$18.62$20.00105.3%35.8%41.4%66.1%127.8%-9.2%0.6%2.8M-69.9M-963.3K0.9715.42N/AN/A52,47850,872384,237149,179