GME Options History — January 2025

In January 2025, GME traded between $27.16 and $33.55. ATM implied volatility averaged 83.2%, placing in the 10.0% IV rank vs the trailing year. The 30-day expected move averaged 23.4%. IV traded above realized volatility by 23.2% (HV 20d: 60.0%). Max pain ranged from $22.00 to $28.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.18.

Notable Days

  • 2025-01-17: Highest Volume — 359,185 contracts
  • 2025-01-14: Largest IV drop — 21.3% change
  • 2025-01-07: Highest IV Rank — 21.2%
  • 2025-01-07: Largest Expected Move — 32.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.18$27.16$33.55$30.65$27.16
Max Pain$25.60$22.00$28.00$22.00$26.00
ATM IV83.2%59.6%116.0%96.5%59.6%
Expected Move23.4%15.5%32.5%27.2%15.5%
HV 20d60.0%53.5%71.4%62.1%53.7%
HV 60d59.4%55.5%62.5%55.5%59.6%
IV Rank10.0%2.0%21.2%14.6%2.0%
IV Percentile34.1%4.0%67.9%52.8%4.0%
Term Structure2.2%-12.5%11.8%11.8%8.9%
VWIV95.5%62.6%126.3%122.7%62.6%
Skew 25d-27.7%-50.5%-17.2%-35.8%-17.5%
Skew 10d-57.5%-84.9%-29.4%-60.5%-42.7%
Call IV 25d105.4%74.8%149.6%126.4%74.8%
Put IV 25d77.7%57.3%103.0%90.6%57.3%
Bid-Ask Spread %14.038.3022.579.6717.73
Gamma HHI0.110.080.150.090.10
Net GEX11.5M5.3M20.7M13.5M6.5M
Net DEX-516.0M-1.01B-276.1M-698.8M-304.1M
Net VEX-2.3M-2.8M-2.0M-2.5M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.120.260.150.25
Total Volume207,711.95100,474359,185199,954200,321
Total OI1,024,314.5695,9321,312,2371,132,298870,501

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$30.65$22.0096.5%27.2%62.1%14.6%122.7%-35.8%11.8%13.5M-698.8M-2.5M0.159.67N/AN/A173,42726,527853,229279,069
2025-01-03$31.49$22.0099.3%24.9%62.1%15.6%104.4%-37.2%3.6%16.7M-772.4M-2.5M0.168.54N/AN/A236,05338,916882,658287,256
2025-01-06$32.83$28.00106.9%30.3%60.8%18.1%122.3%-43.9%-3.1%16.4M-892.3M-2.6M0.1511.56N/AN/A241,59837,030828,715265,084
2025-01-07$33.55$27.00116.0%32.5%60.9%21.2%126.3%-50.4%-12.5%19.7M-1.01B-2.8M0.1816.22N/AN/A193,19534,328896,930277,879
2025-01-08$32.79$27.00110.5%31.8%61.4%19.3%125.2%-50.5%0.8%20.7M-936.3M-2.8M0.1218.13N/AN/A178,80922,050939,246288,830
2025-01-10$32.23$26.00105.7%30.2%58.0%17.7%119.7%-35.3%2.5%20.1M-836.8M-2.5M0.1510.79N/AN/A237,68435,085957,948296,137
2025-01-13$31.30$26.00104.3%29.1%55.6%17.2%115.4%-38.0%-6.1%14.9M-717.9M-2.4M0.208.30N/AN/A142,41528,668883,430276,381
2025-01-14$27.71$25.0082.0%25.9%71.4%9.7%104.4%-17.5%7.3%8.4M-397.2M-2.1M0.209.48N/AN/A270,39552,751917,027286,090
2025-01-15$27.95$25.0082.8%23.5%70.9%10.0%102.7%-22.2%0.2%8.3M-392.4M-2.1M0.1910.09N/AN/A168,43731,658951,146299,112
2025-01-16$27.71$26.0079.1%22.5%70.7%8.6%95.5%-19.0%-2.3%7.2M-366.7M-2.1M0.2311.63N/AN/A109,69624,765971,495308,746
2025-01-17$27.52$26.0079.7%22.7%64.0%8.8%93.9%-26.3%1.3%5.3M-352.0M-2.1M0.2411.56N/AN/A289,77269,413999,397312,840
2025-01-21$27.34$26.0070.9%20.3%58.3%5.8%85.7%-27.5%2.9%5.3M-276.1M-2.0M0.2011.47N/AN/A143,81828,217523,369172,563
2025-01-22$27.48$26.0066.8%19.2%58.0%4.5%74.0%-17.2%9.4%7.4M-301.4M-2.1M0.1817.66N/AN/A127,81722,544574,056181,907
2025-01-23$28.34$25.0070.0%19.9%57.8%5.5%81.6%-20.2%2.8%13.5M-398.9M-2.2M0.1218.01N/AN/A273,01132,430610,806185,639
2025-01-24$27.73$25.0065.7%18.5%57.4%4.1%79.7%-17.7%3.7%10.6M-333.8M-2.2M0.2613.81N/AN/A137,85936,124672,498191,135
2025-01-27$27.20$26.0067.4%19.2%57.1%4.6%77.3%-19.3%6.0%6.4M-288.5M-2.1M0.2117.89N/AN/A124,37025,539575,673178,549
2025-01-28$27.34$26.0065.6%19.1%53.6%4.0%72.9%-20.4%3.8%7.5M-322.7M-2.2M0.1622.57N/AN/A106,61617,044615,765187,770
2025-01-29$27.52$26.0070.4%18.3%53.5%5.7%73.5%-19.4%-0.3%9.8M-345.1M-2.2M0.1917.86N/AN/A84,55315,921643,639190,722
2025-01-30$27.81$26.0065.0%17.6%53.6%3.8%70.3%-18.6%3.4%11.3M-373.6M-2.2M0.1517.67N/AN/A117,32618,057658,193194,860
2025-01-31$27.16$26.0059.6%15.5%53.7%2.0%62.6%-17.5%8.9%6.5M-304.1M-2.1M0.2517.73N/AN/A160,54639,775674,373196,128