GME Options History — March 2024

In March 2024, GME traded between $12.52 and $15.29. ATM implied volatility averaged 126.9%, placing in the 77.8% IV rank vs the trailing year. The 30-day expected move averaged 34.1%. IV traded above realized volatility by 80.8% (HV 20d: 46.1%). Max pain ranged from $14.00 to $15.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.32.

Notable Days

  • 2024-03-27: Highest Volume — 270,449 contracts
  • 2024-03-27: Largest IV drop — 45.7% change
  • 2024-03-06: Highest IV Rank — 100.0%
  • 2024-03-25: Largest Expected Move — 41.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.32$12.52$15.29$14.84$12.52
Max Pain$14.95$14.00$15.00$14.00$15.00
ATM IV126.9%65.1%149.3%119.3%65.1%
Expected Move34.1%17.7%41.8%22.9%17.7%
HV 20d46.1%36.1%82.4%51.9%82.4%
HV 60d51.8%45.9%64.7%64.7%60.6%
IV Rank77.8%13.5%100.0%74.2%13.5%
IV Percentile93.6%42.5%100.0%97.6%42.5%
Term Structure-5.6%-26.7%7.5%-9.0%2.3%
VWIV132.5%67.3%162.5%90.8%67.3%
Skew 25d-28.1%-52.4%-2.8%-25.2%-2.8%
Skew 10d-47.1%-86.4%-14.2%-21.3%-14.2%
Call IV 25d150.2%71.6%173.7%147.3%71.6%
Put IV 25d122.2%68.8%137.9%122.1%68.8%
Bid-Ask Spread %17.3810.2622.6720.6311.70
Gamma HHI0.090.060.390.070.39
Net GEX1.1M-4.5M2.8M1.4M-4.5M
Net DEX-53.2M-105.6M43.8M-72.8M43.8M
Net VEX-585.8K-663.4K-452.7K-596.5K-452.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.170.820.170.48
Total Volume83,783.1531,680270,449131,417133,688
Total OI392,541.5334,634527,049377,622525,430

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$14.84$14.00119.3%22.9%51.9%74.2%90.8%-25.2%-9.0%1.4M-72.8M-596.5K0.1720.63N/AN/A111,98419,433253,225124,397
2024-03-04$15.13$15.00128.3%34.0%51.3%84.1%131.5%-10.5%-4.0%2.2M-77.6M-623.6K0.1815.13N/AN/A66,06711,926229,547113,835
2024-03-05$15.04$15.00130.6%33.9%39.1%86.6%137.6%-23.8%-15.9%2.3M-78.6M-640.9K0.1917.29N/AN/A50,3369,785247,282119,361
2024-03-06$15.29$15.00149.3%35.1%37.0%100.0%138.1%-18.3%-3.8%2.8M-94.6M-663.4K0.1819.60N/AN/A65,48811,573258,752123,052
2024-03-07$15.18$15.00134.0%34.6%37.2%84.2%141.6%-34.9%-10.1%2.8M-91.9M-660.9K0.2110.26N/AN/A33,5707,003271,213127,931
2024-03-08$14.54$15.00133.9%34.5%40.5%84.2%128.9%-14.1%7.5%2.3M-60.0M-622.1K0.3216.06N/AN/A51,02216,198276,735128,503
2024-03-11$14.41$15.00127.4%34.9%39.5%77.5%138.3%-52.4%2.5%1.5M-52.0M-606.9K0.2114.42N/AN/A36,4427,754236,075122,675
2024-03-12$14.71$15.00135.9%35.7%40.1%86.2%132.6%-33.9%-7.4%1.8M-60.2M-606.0K0.2017.29N/AN/A30,9326,190247,008126,896
2024-03-13$14.93$15.00132.1%37.1%37.0%82.3%143.7%-18.2%-0.9%2.3M-71.5M-618.5K0.1722.67N/AN/A38,0606,643255,088128,224
2024-03-14$14.52$15.00132.3%34.9%38.5%82.5%136.7%-37.2%-18.4%2.0M-56.2M-594.8K0.3815.70N/AN/A26,0389,930264,437129,503
2024-03-15$14.25$15.00131.8%34.1%38.8%82.0%132.9%-37.2%-26.7%883.1K-44.3M-582.1K0.3313.74N/AN/A47,15515,387268,851132,689
2024-03-18$13.96$15.00124.3%35.5%38.9%74.3%129.8%-28.7%-3.8%921.0K-40.8M-565.0K0.3119.76N/AN/A29,7759,319220,478114,156
2024-03-19$13.41$15.00128.4%36.6%36.3%78.5%141.7%-30.8%-12.6%520.4K-24.0M-526.2K0.3318.12N/AN/A23,7427,938233,337118,419
2024-03-20$13.50$15.00131.7%37.8%36.1%81.9%152.5%-33.3%1.7%766.7K-34.8M-543.0K0.2521.72N/AN/A30,8327,594242,333121,262
2024-03-21$13.61$15.00135.4%39.0%36.2%85.7%161.1%-43.1%-1.0%905.5K-42.6M-560.4K0.2322.08N/AN/A38,6178,929254,560124,767
2024-03-22$13.14$15.00137.1%39.9%38.2%87.5%145.7%-45.7%-6.4%317.5K-27.6M-534.7K0.4321.92N/AN/A45,10719,295266,870128,413
2024-03-25$15.04$15.00144.0%41.8%61.7%94.5%162.5%-28.7%-6.1%1.1M-87.5M-596.7K0.5011.74N/AN/A111,81255,986232,096124,939
2024-03-26$15.23$15.00140.5%41.8%60.6%91.0%154.5%-36.7%-4.0%1.4M-105.6M-624.5K0.4818.74N/AN/A137,98565,679277,960153,482
2024-03-27$13.14$15.0076.3%20.5%81.0%25.0%82.2%-5.6%4.6%-1.5M15.2M-496.5K0.8218.92N/AN/A148,376122,073326,092200,957
2024-03-28$12.52$15.0065.1%17.7%82.4%13.5%67.3%-2.8%2.3%-4.5M43.8M-452.7K0.4811.70N/AN/A90,52643,162331,372194,058