GME Options History — October 2023

In October 2023, GME traded between $12.88 and $16.00. ATM implied volatility averaged 64.1%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 15.5% (HV 20d: 48.5%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-10-18: Highest Volume — 87,086 contracts
  • 2023-10-04: Largest IV spike — 7.9% change
  • 2023-10-31: Highest IV Rank — 23.9%
  • 2023-10-30: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.32$12.88$16.00$15.34$13.75
Max Pain$17.91$17.00$18.00$18.00$17.00
ATM IV64.1%58.7%71.2%60.5%71.2%
Expected Move18.4%16.7%20.2%17.0%18.7%
HV 20d48.5%44.9%53.1%53.1%49.7%
HV 60d44.3%41.6%48.3%41.6%48.3%
IV Rank15.1%8.4%23.9%10.6%23.9%
IV Percentile27.7%15.1%40.9%17.9%40.9%
Term Structure0.8%-3.4%9.1%1.0%0.1%
VWIV73.3%65.1%82.7%67.8%69.9%
Skew 25d-7.3%-11.6%1.5%-11.1%1.5%
Skew 10d-16.0%-25.0%0.3%-21.3%0.3%
Call IV 25d71.7%66.0%79.0%70.3%71.1%
Put IV 25d64.4%57.7%72.6%59.2%72.6%
Bid-Ask Spread %15.597.1529.2511.0012.24
Gamma HHI0.080.050.230.080.09
Net GEX325.1K-593.7K1.7M-468.3K1.0M
Net DEX49.8M20.8M75.8M60.6M24.5M
Net VEX-613.8K-715.2K-513.2K-659.6K-582.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.111.900.440.23
Total Volume43,912.04524,27187,08677,60540,225
Total OI542,376.227479,791589,128521,822507,320

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$15.34$18.0060.5%17.0%53.1%10.6%67.8%-11.1%1.0%-468.3K60.6M-659.6K0.4411.00N/AN/A53,96123,644364,434157,388
2023-10-03$14.64$18.0062.3%18.3%50.9%12.9%72.8%-11.1%-0.0%-189.4K66.3M-669.9K0.599.44N/AN/A37,09921,711390,413163,895
2023-10-04$14.89$18.0067.2%18.9%51.4%19.0%74.5%-6.4%-3.4%73.7K60.4M-690.9K0.537.15N/AN/A26,36314,041401,176170,567
2023-10-05$14.75$18.0064.8%18.7%50.3%16.0%74.8%-10.2%0.3%-87.5K65.9M-652.9K0.2321.13N/AN/A32,9917,640409,552172,656
2023-10-06$15.04$18.0062.1%18.0%45.7%12.6%73.8%-8.2%2.4%1.7M51.0M-699.6K0.2427.89N/AN/A43,34910,208411,424173,940
2023-10-09$15.43$18.0064.0%18.3%46.3%15.0%73.3%-4.8%-0.4%428.4K41.3M-682.7K0.2325.90N/AN/A32,9347,510376,072155,295
2023-10-10$16.00$18.0060.7%17.6%48.2%10.9%67.3%-6.1%-0.5%1.2M20.8M-715.2K0.1927.30N/AN/A42,3668,090389,120157,010
2023-10-11$15.79$18.0059.3%17.3%46.4%9.2%65.1%-7.4%0.7%1.2M24.4M-691.5K0.2129.25N/AN/A24,7605,130401,477158,873
2023-10-12$14.96$18.0059.5%16.7%47.2%9.4%70.5%-11.1%-0.3%175.0K57.4M-630.0K0.418.67N/AN/A32,41313,300403,331159,481
2023-10-13$14.89$18.0058.7%16.9%47.2%8.4%68.7%-9.1%-0.2%416.3K62.3M-648.1K0.3412.94N/AN/A25,3018,521411,316162,062
2023-10-16$14.43$18.0061.5%17.7%47.1%11.9%68.2%-8.5%-0.8%-435.8K69.5M-558.5K0.2716.03N/AN/A31,2198,491380,399153,737
2023-10-17$14.13$18.0060.1%17.3%47.1%10.2%77.2%-9.6%-1.3%-359.1K71.7M-546.3K0.3515.49N/AN/A24,0318,500394,051155,883
2023-10-18$13.82$18.0062.9%18.0%47.3%13.7%82.7%-9.6%0.9%-292.5K73.7M-544.9K1.9018.68N/AN/A30,00157,085404,141157,074
2023-10-19$13.16$18.0067.4%19.4%48.7%19.2%76.8%-11.6%-0.9%-593.7K75.8M-547.6K0.458.87N/AN/A33,98315,134414,347163,895
2023-10-20$13.41$18.0069.4%20.1%49.1%21.7%76.0%-10.1%-3.0%103.4K61.0M-575.8K0.3013.57N/AN/A40,35512,196427,401161,727
2023-10-23$13.43$18.0066.8%19.1%47.4%18.4%81.6%-6.9%1.4%381.1K31.9M-608.2K0.1412.25N/AN/A30,4444,273341,935137,856
2023-10-24$14.04$18.0067.0%19.7%50.2%18.7%80.0%-5.9%6.7%899.0K22.9M-600.6K0.1113.74N/AN/A39,1294,315358,168139,494
2023-10-25$13.68$18.0066.0%19.5%49.6%17.6%73.8%-4.0%0.4%851.0K30.6M-591.5K0.1813.56N/AN/A20,5193,752374,777140,370
2023-10-26$13.54$18.0064.5%19.0%49.6%15.6%70.8%-3.6%5.6%656.9K35.7M-558.1K0.1714.89N/AN/A21,0113,593377,399141,074
2023-10-27$13.14$18.0065.2%18.7%49.8%16.5%72.2%-4.8%0.5%153.7K44.6M-537.1K0.3110.34N/AN/A20,4606,298383,898141,885
2023-10-30$12.88$17.0068.2%20.2%44.9%20.2%75.1%-3.1%9.1%229.9K43.3M-513.2K0.3312.77N/AN/A29,9219,798350,332135,632
2023-10-31$13.75$17.0071.2%18.7%49.7%23.9%69.9%1.5%0.1%1.0M24.5M-582.3K0.2312.24N/AN/A32,7377,488366,335140,985