GME Options History — February 2024

In February 2024, GME traded between $13.30 and $14.84. ATM implied volatility averaged 80.2%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 27.8% (HV 20d: 52.4%). Max pain ranged from $13.50 to $14.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2024-02-09: Highest Volume — 113,766 contracts
  • 2024-02-05: Largest IV spike — 20.6% change
  • 2024-02-28: Highest IV Rank — 63.5%
  • 2024-02-20: Largest Expected Move — 23.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.08$13.30$14.84$14.32$14.25
Max Pain$13.97$13.50$14.00$14.00$14.00
ATM IV80.2%55.4%109.6%56.3%103.1%
Expected Move20.3%16.7%23.2%16.7%18.3%
HV 20d52.4%45.2%57.9%45.2%49.9%
HV 60d82.2%70.2%85.7%83.4%70.2%
IV Rank31.2%3.8%63.5%4.8%56.3%
IV Percentile65.2%6.3%97.2%7.1%95.6%
Term Structure6.2%-4.8%21.3%0.7%13.5%
VWIV77.4%63.6%85.4%64.5%71.6%
Skew 25d-3.2%-14.9%3.1%-1.5%-12.5%
Skew 10d-10.3%-27.5%6.6%-8.4%-7.5%
Call IV 25d85.9%59.7%118.7%60.5%118.7%
Put IV 25d82.7%59.0%106.2%59.0%106.2%
Bid-Ask Spread %17.5211.3728.7419.3311.37
Gamma HHI0.110.070.190.140.11
Net GEX1.3M-26.0K2.9M1.2M2.7M
Net DEX-20.7M-46.2M554.6K-12.7M-40.9M
Net VEX-530.4K-573.0K-471.9K-495.5K-546.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.201.660.500.28
Total Volume55,154.325,388113,76625,38836,933
Total OI374,940.9312,294440,728345,668373,804

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$14.32$14.0056.3%16.7%45.2%4.8%64.5%-1.5%0.7%1.2M-12.7M-495.5K0.5019.33N/AN/A16,9048,484237,848107,820
2024-02-02$14.75$14.0055.4%16.8%47.0%3.8%63.6%-0.5%2.2%1.8M-27.2M-503.7K0.2520.33N/AN/A48,98812,235241,983110,911
2024-02-05$13.50$14.0066.8%19.7%55.2%16.4%75.7%-1.2%2.0%455.2K554.6K-471.9K1.5114.40N/AN/A38,67158,529207,421104,873
2024-02-06$14.07$14.0065.5%19.0%57.9%14.9%73.6%-1.0%-2.6%138.9K-8.6M-533.1K0.8617.42N/AN/A37,46532,196224,843150,369
2024-02-07$14.13$14.0065.7%19.7%56.5%15.1%73.0%0.1%4.0%704.6K-10.6M-529.5K0.9919.64N/AN/A18,99618,719238,854147,720
2024-02-08$14.32$14.0066.1%19.2%55.5%15.6%75.4%-1.6%0.2%1.2M-18.0M-541.4K0.7614.86N/AN/A23,77318,177244,523159,964
2024-02-09$14.70$14.0071.1%20.7%56.0%21.1%79.7%-1.6%2.1%2.6M-46.2M-573.0K0.2719.15N/AN/A89,79623,970252,099161,727
2024-02-12$14.84$14.0075.5%21.6%55.0%25.9%81.3%-0.3%21.3%2.1M-40.9M-569.0K0.4218.77N/AN/A40,95517,108237,314153,102
2024-02-13$14.21$14.0078.8%22.5%53.1%29.7%81.7%0.8%16.4%1.3M-18.3M-544.1K0.5423.47N/AN/A30,17816,358251,389164,292
2024-02-14$14.29$14.0075.9%21.8%53.1%26.4%84.2%-0.4%8.5%1.8M-25.6M-542.0K1.6620.70N/AN/A28,58247,334257,600169,971
2024-02-15$14.48$14.0078.5%22.2%52.8%29.3%85.4%-0.1%9.8%2.9M-32.2M-549.7K0.8314.60N/AN/A28,54323,832265,419153,071
2024-02-16$14.20$14.0078.3%20.7%53.1%29.1%80.3%-1.6%17.7%575.4K-14.5M-536.8K0.2615.18N/AN/A41,00410,667269,685171,043
2024-02-20$13.43$14.0088.0%23.2%55.0%39.8%84.6%3.1%14.2%-26.0K-1.5M-498.1K0.5117.95N/AN/A38,95319,727199,946129,506
2024-02-21$13.30$14.0089.1%22.5%51.7%41.0%81.2%1.5%-0.1%254.8K-4.6M-514.2K1.1628.74N/AN/A23,63427,444218,406137,201
2024-02-22$13.38$14.0089.8%21.5%51.5%41.7%80.8%1.7%-3.7%423.2K-6.0M-516.8K0.4417.29N/AN/A23,91110,405224,030131,371
2024-02-23$13.52$14.0089.4%19.9%48.9%41.3%78.8%-13.9%6.6%1.2M-10.8M-520.8K0.4915.43N/AN/A43,88421,684234,660134,516
2024-02-26$13.66$14.0098.6%20.0%49.2%51.4%75.7%-14.9%-4.8%1.1M-18.5M-523.2K0.2612.75N/AN/A27,9117,384212,601112,099
2024-02-27$14.18$14.00103.0%20.1%50.6%56.2%77.7%-8.2%-0.5%1.9M-36.1M-547.2K0.2014.41N/AN/A39,1477,695226,890116,098
2024-02-28$14.16$13.50109.6%19.7%50.5%63.5%78.6%-11.6%16.0%2.4M-40.6M-551.2K0.2014.54N/AN/A35,6687,242245,849118,000
2024-02-29$14.25$14.00103.1%18.3%49.9%56.3%71.6%-12.5%13.5%2.7M-40.9M-546.2K0.2811.37N/AN/A28,8148,119252,402121,402