GME Options History — January 2024

In January 2024, GME traded between $13.91 and $16.71. ATM implied volatility averaged 61.0%, placing in the 10.0% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 3.4% (HV 20d: 57.6%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.42.

Notable Days

2024-01-08: Highest Volume — 62,576 contracts
2024-01-17: Largest IV spike — 10.4% change
2024-01-18: Highest IV Rank — 15.4%
2024-01-18: Largest Expected Move — 19.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.01	$13.91	$16.71	$16.62	$14.27
Max Pain	$16.19	$15.00	$17.50	$17.50	$15.00
ATM IV	61.0%	53.3%	66.0%	63.4%	58.4%
Expected Move	17.1%	15.5%	19.0%	17.1%	16.2%
HV 20d	57.6%	45.1%	102.6%	102.6%	45.3%
HV 60d	84.6%	83.5%	85.4%	84.9%	83.5%
IV Rank	10.0%	1.5%	15.4%	12.6%	7.1%
IV Percentile	24.4%	1.6%	39.7%	30.2%	15.5%
Term Structure	0.6%	-3.0%	10.9%	3.3%	0.3%
VWIV	65.5%	60.4%	75.2%	68.5%	63.5%
Skew 25d	-5.1%	-12.0%	1.3%	-11.9%	-3.6%
Skew 10d	-13.5%	-25.7%	0.4%	-25.7%	-10.8%
Call IV 25d	67.2%	60.1%	74.5%	74.5%	64.5%
Put IV 25d	62.1%	53.4%	69.3%	62.6%	60.9%
Bid-Ask Spread %	14.50	8.38	22.37	9.81	12.17
Gamma HHI	0.10	0.06	0.22	0.08	0.13
Net GEX	886.2K	-511.7K	2.4M	1.9M	1.2M
Net DEX	-3.7M	-42.2M	45.2M	-42.2M	-18.4M
Net VEX	-532.0K	-635.5K	-459.0K	-635.5K	-504.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.42	0.15	1.36	0.28	0.42
Total Volume	46,207.619	22,383	62,576	55,815	30,280
Total OI	558,731.048	290,684	762,550	659,959	334,796

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
2024-01-02	$16.62	$17.50	63.4%	17.1%	102.6%	12.6%	68.5%	-11.9%	3.3%	1.9M	-42.2M	-635.5K	0.28	9.81	N/A	N/A	43,511	12,304	493,363	166,596
2024-01-03	$16.71	$17.50	62.7%	15.9%	90.2%	11.9%	64.9%	-9.1%	10.9%	2.1M	-42.0M	-631.3K	0.41	9.94	N/A	N/A	29,981	12,295	508,582	170,730
2024-01-04	$16.48	$17.00	61.8%	17.3%	73.2%	10.8%	67.4%	-10.6%	5.0%	1.7M	-33.3M	-621.0K	0.58	22.37	N/A	N/A	21,538	12,400	515,328	173,052
2024-01-05	$16.05	$17.00	61.8%	16.9%	73.6%	10.9%	64.2%	-8.3%	3.3%	-298.7K	-10.7M	-592.8K	0.42	20.71	N/A	N/A	32,589	13,767	519,285	176,075
2024-01-08	$15.80	$17.00	59.9%	16.7%	61.0%	8.7%	64.7%	-12.0%	-2.4%	895.0K	-5.4M	-559.3K	0.26	21.70	N/A	N/A	49,744	12,832	486,309	169,340
2024-01-09	$15.18	$17.00	57.8%	16.1%	59.7%	6.4%	63.6%	-7.4%	-1.6%	449.7K	16.2M	-536.5K	0.31	22.12	N/A	N/A	30,568	9,627	511,208	172,385
2024-01-10	$15.64	$17.00	58.6%	16.2%	59.0%	7.3%	61.7%	-8.8%	-1.8%	1.6M	-7.5M	-567.4K	0.15	15.28	N/A	N/A	48,839	7,396	522,588	175,134
2024-01-11	$15.27	$17.00	57.6%	16.1%	59.6%	6.2%	61.5%	-11.2%	-0.3%	785.2K	11.3M	-543.9K	0.16	21.63	N/A	N/A	33,475	5,311	548,833	176,660
2024-01-12	$14.80	$17.00	53.3%	15.5%	51.0%	1.5%	64.1%	-6.7%	1.0%	271.8K	30.0M	-523.6K	0.27	13.40	N/A	N/A	45,646	12,334	558,460	177,198
2024-01-16	$13.96	$16.00	57.7%	16.5%	49.1%	6.4%	62.0%	-8.0%	-1.1%	-511.7K	45.2M	-459.0K	0.58	8.72	N/A	N/A	34,215	19,941	535,413	166,963
2024-01-17	$14.04	$16.00	63.7%	18.3%	49.3%	13.0%	67.9%	-3.6%	-2.1%	-285.8K	40.4M	-477.4K	1.36	8.75	N/A	N/A	25,793	35,114	547,172	172,170
2024-01-18	$14.34	$16.00	66.0%	19.0%	45.1%	15.4%	69.7%	-2.7%	-3.0%	-116.6K	26.0M	-504.2K	0.61	12.15	N/A	N/A	37,635	22,917	555,555	188,971
2024-01-19	$14.52	$16.00	64.1%	18.6%	45.8%	13.4%	73.6%	0.0%	-1.3%	558.3K	24.3M	-503.5K	0.44	8.38	N/A	N/A	35,964	15,906	567,024	195,526
2024-01-22	$14.98	$16.00	65.4%	18.9%	47.2%	14.9%	75.2%	1.3%	-0.9%	881.1K	-23.6M	-510.8K	0.32	13.73	N/A	N/A	45,312	14,485	176,015	114,669
2024-01-23	$14.16	$16.00	63.2%	18.3%	50.4%	12.5%	66.4%	-1.4%	1.5%	441.5K	-6.8M	-494.8K	0.48	14.21	N/A	N/A	23,412	11,355	201,006	113,572
2024-01-24	$13.91	$15.00	61.4%	17.6%	50.2%	10.4%	63.7%	-0.1%	0.2%	307.7K	-1.0M	-489.7K	0.46	13.49	N/A	N/A	24,497	11,327	209,945	113,873
2024-01-25	$14.52	$15.00	62.2%	17.6%	52.6%	11.3%	64.3%	-0.8%	0.4%	1.5M	-16.7M	-495.8K	0.35	16.17	N/A	N/A	32,340	11,426	219,527	115,138
2024-01-26	$14.48	$15.00	60.3%	17.2%	47.5%	9.2%	62.8%	-0.8%	0.3%	2.4M	-17.3M	-514.6K	0.27	16.31	N/A	N/A	36,672	10,070	232,306	119,116
2024-01-29	$14.77	$15.00	62.3%	17.5%	48.7%	11.4%	65.3%	0.2%	1.6%	1.3M	-24.4M	-506.2K	0.26	11.91	N/A	N/A	27,949	7,210	207,272	100,013
2024-01-30	$14.61	$15.00	59.3%	16.5%	48.6%	8.2%	60.4%	-1.7%	-0.0%	1.5M	-22.0M	-499.7K	0.31	11.54	N/A	N/A	17,077	5,306	223,616	102,568
2024-01-31	$14.27	$15.00	58.4%	16.2%	45.3%	7.1%	63.5%	-3.6%	0.3%	1.2M	-18.4M	-504.5K	0.42	12.17	N/A	N/A	21,370	8,910	230,137	104,659