GME Options History — November 2023

In November 2023, GME traded between $12.00 and $15.96. ATM implied volatility averaged 85.4%, placing in the 40.6% IV rank vs the trailing year. The 30-day expected move averaged 26.4%. IV traded above realized volatility by 26.8% (HV 20d: 58.6%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.27.

Notable Days

  • 2023-11-29: Highest Volume — 577,888 contracts
  • 2023-11-29: Largest IV spike — 44.2% change
  • 2023-11-29: Highest IV Rank — 100.0%
  • 2023-11-29: Largest Expected Move — 50.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.15$12.00$15.96$13.09$14.61
Max Pain$16.82$15.00$17.50$16.00$16.00
ATM IV85.4%64.5%142.7%64.5%121.3%
Expected Move26.4%17.9%50.3%17.9%43.2%
HV 20d58.6%51.2%94.0%51.7%94.0%
HV 60d52.5%49.1%68.4%49.1%68.4%
IV Rank40.6%15.6%100.0%15.6%76.4%
IV Percentile58.4%31.0%100.0%31.0%98.0%
Term Structure0.5%-11.9%16.7%12.6%-4.0%
VWIV101.6%69.3%191.9%69.3%170.5%
Skew 25d-9.4%-33.9%-2.9%-4.0%-29.5%
Skew 10d-18.9%-41.1%3.1%-2.2%-39.7%
Call IV 25d95.2%68.0%168.0%70.7%145.6%
Put IV 25d85.9%65.1%134.2%66.7%116.1%
Bid-Ask Spread %15.409.3925.7811.409.63
Gamma HHI0.100.060.370.090.06
Net GEX985.1K42.7K2.8M814.7K1.9M
Net DEX16.5M-142.5M54.2M34.8M-62.5M
Net VEX-544.4K-810.6K-435.5K-549.9K-772.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.150.450.250.35
Total Volume74,494.66716,643577,88828,975213,784
Total OI537,657483,070725,749521,157725,749

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$13.09$16.0064.5%17.9%51.7%15.6%69.3%-4.0%12.6%814.7K34.8M-549.9K0.2511.40N/AN/A23,1105,865377,396143,761
2023-11-02$13.61$17.5065.0%22.4%54.1%16.3%84.9%-2.9%11.1%1.5M25.5M-563.8K0.2025.78N/AN/A23,7134,743382,234144,418
2023-11-03$13.84$17.5068.1%22.1%54.0%20.1%82.7%-2.9%16.7%2.8M15.2M-587.0K0.2012.74N/AN/A41,8048,491391,080146,372
2023-11-06$13.54$17.5073.9%21.6%53.1%27.3%85.1%-9.0%1.1%709.6K34.6M-526.0K0.2023.10N/AN/A27,3805,519364,438141,815
2023-11-07$13.73$17.5071.4%22.5%51.3%24.2%81.4%-3.8%8.3%1.0M26.7M-575.2K0.2119.13N/AN/A18,4263,863379,485144,994
2023-11-08$13.34$17.5074.8%22.7%51.8%28.4%92.1%-7.4%6.3%750.6K37.5M-523.2K0.2619.39N/AN/A13,1623,481384,480145,786
2023-11-09$12.71$17.5076.5%21.9%51.2%30.5%86.0%-5.9%4.4%95.0K50.6M-484.8K0.2519.60N/AN/A24,6266,145388,672145,045
2023-11-10$12.61$17.5084.4%24.3%51.2%40.3%90.7%-5.4%1.2%42.7K51.4M-477.2K0.4519.29N/AN/A28,19612,756396,570146,644
2023-11-13$12.18$17.5083.9%24.2%51.4%39.8%98.2%-8.7%-3.1%177.9K54.2M-435.5K0.339.39N/AN/A28,7289,368376,906144,038
2023-11-14$12.95$17.5082.5%23.6%56.7%38.0%91.7%-6.0%-1.9%1.3M29.5M-509.5K0.2212.78N/AN/A43,7629,482393,138146,064
2023-11-15$13.23$17.5086.7%24.9%57.0%43.2%93.8%-8.6%-5.7%1.6M18.9M-527.9K0.1913.91N/AN/A36,0356,705405,528148,013
2023-11-16$12.57$17.5084.6%24.4%57.3%40.5%98.7%-11.4%-3.6%370.3K36.5M-497.5K0.4512.25N/AN/A26,28611,727411,164149,304
2023-11-17$12.98$17.5086.0%24.7%58.1%42.3%98.3%-8.3%1.5%1.9M25.0M-526.2K0.2410.96N/AN/A40,8409,942418,980150,880
2023-11-20$12.86$16.2584.6%24.8%58.2%40.6%101.8%-8.4%-4.2%642.1K17.3M-511.3K0.2319.28N/AN/A27,0926,341349,957133,113
2023-11-21$12.57$16.2584.3%25.6%55.9%40.4%94.3%-6.4%-2.1%344.8K24.4M-512.9K0.3315.59N/AN/A20,8026,865363,278135,816
2023-11-22$12.27$16.2584.4%25.1%55.8%40.5%96.9%-12.7%-4.0%308.8K26.5M-497.7K0.1512.79N/AN/A21,4413,214370,661137,596
2023-11-24$12.23$16.2589.0%27.5%55.8%46.3%101.2%-7.9%-7.9%376.5K25.7M-499.9K0.3819.57N/AN/A14,6495,596380,846138,869
2023-11-27$12.00$16.2585.8%26.5%55.2%42.2%96.7%-4.6%-1.5%204.4K28.8M-468.2K0.2810.93N/AN/A26,2477,462356,108134,732
2023-11-28$13.36$15.0098.9%34.4%67.6%58.6%126.3%-8.9%-2.8%1.1M-11.3M-575.3K0.1912.30N/AN/A133,52125,331371,641139,454
2023-11-29$15.96$15.00142.7%50.3%89.8%100.0%191.9%-33.9%-11.9%2.6M-142.5M-810.6K0.2313.62N/AN/A469,213108,675431,841153,931
2023-11-30$14.61$16.00121.3%43.2%94.0%76.4%170.5%-29.5%-4.0%1.9M-62.5M-772.3K0.359.63N/AN/A158,19255,592522,360203,389