GME Options History — February 2025

In February 2025, GME traded between $24.48 and $27.14. ATM implied volatility averaged 70.1%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 19.7% (HV 20d: 50.4%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.22.

Notable Days

  • 2025-02-14: Highest Volume — 336,676 contracts
  • 2025-02-10: Largest IV spike — 20.4% change
  • 2025-02-27: Highest IV Rank — 11.4%
  • 2025-02-10: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.77$24.48$27.14$25.91$24.80
Max Pain$25.16$25.00$26.00$26.00$25.00
ATM IV70.1%58.0%87.5%61.9%86.5%
Expected Move19.0%15.2%21.4%15.9%19.1%
HV 20d50.4%44.3%61.4%55.3%50.7%
HV 60d59.0%56.8%60.5%60.5%56.8%
IV Rank5.6%1.5%11.4%2.8%11.1%
IV Percentile17.9%1.6%44.4%4.0%44.4%
Term Structure3.6%-4.7%15.5%2.3%0.6%
VWIV76.1%63.3%85.3%64.7%78.0%
Skew 25d-21.7%-28.9%-14.1%-19.1%-27.0%
Skew 10d-40.6%-52.9%1.1%-33.9%-46.0%
Call IV 25d87.2%70.1%112.0%76.8%106.6%
Put IV 25d65.5%54.7%83.1%57.7%79.6%
Bid-Ask Spread %20.9212.8930.5417.9718.29
Gamma HHI0.100.070.250.100.11
Net GEX8.0M4.2M20.0M5.4M8.0M
Net DEX-271.1M-424.4M-146.8M-232.5M-236.8M
Net VEX-2.1M-2.2M-1.9M-2.0M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.140.300.260.19
Total Volume148,868.05387,100336,676146,183119,221
Total OI803,369711,657889,194727,577844,873

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$25.91$26.0061.9%15.9%55.3%2.8%64.7%-19.1%2.3%5.4M-232.5M-2.0M0.2617.97N/AN/A115,57930,604550,457177,120
2025-02-04$25.88$26.0063.1%15.2%53.8%3.2%65.3%-17.1%-1.3%5.6M-232.4M-2.0M0.1819.94N/AN/A74,10812,992584,681190,343
2025-02-05$25.05$26.0062.3%15.3%50.7%2.9%63.3%-14.1%0.5%4.4M-181.9M-2.0M0.2112.89N/AN/A94,90219,799606,989190,780
2025-02-06$24.75$25.0060.7%19.9%49.0%2.4%77.1%-17.0%2.0%4.4M-162.1M-1.9M0.2122.90N/AN/A102,31620,997625,123194,319
2025-02-07$24.73$25.0058.0%19.3%49.2%1.5%76.2%-14.8%-4.7%4.2M-146.8M-1.9M0.1814.57N/AN/A103,59418,718651,919197,156
2025-02-10$27.05$25.0069.8%21.4%61.4%5.5%84.5%-24.4%2.0%8.3M-357.4M-2.1M0.1617.55N/AN/A219,98835,361540,799183,094
2025-02-11$26.63$25.0065.6%20.0%61.0%4.1%74.4%-21.9%2.3%12.1M-363.6M-2.1M0.3019.65N/AN/A110,82832,851621,456192,360
2025-02-12$26.05$25.0062.0%18.9%44.3%2.8%81.7%-19.2%6.2%8.3M-281.6M-2.1M0.2120.11N/AN/A86,36417,756633,731199,748
2025-02-13$26.35$25.0061.1%18.5%44.4%2.5%74.6%-26.5%3.5%11.2M-319.1M-2.1M0.2320.99N/AN/A72,73516,978648,165201,270
2025-02-14$27.14$25.0063.2%19.3%45.8%3.2%75.7%-20.8%5.8%20.0M-424.4M-2.2M0.2821.40N/AN/A263,34273,334661,063206,105
2025-02-18$26.87$25.0065.0%18.8%45.9%3.8%72.3%-21.4%13.9%10.1M-337.3M-2.2M0.1821.41N/AN/A125,33023,174593,194189,626
2025-02-19$26.12$25.0064.0%18.4%46.9%3.5%72.1%-18.1%13.6%7.2M-276.9M-2.1M0.2628.95N/AN/A88,81322,690624,893194,571
2025-02-20$27.10$25.0073.7%20.4%48.8%6.8%77.2%-22.2%15.5%12.1M-368.2M-2.2M0.2030.54N/AN/A185,62637,093639,980199,397
2025-02-21$26.35$25.0075.1%20.3%48.3%7.2%76.8%-22.4%8.9%7.9M-312.8M-2.2M0.2719.02N/AN/A177,38248,395682,977206,217
2025-02-24$25.12$25.0081.0%19.4%50.4%9.2%78.2%-23.6%-0.0%5.2M-238.5M-2.1M0.3024.19N/AN/A99,96630,295533,435178,222
2025-02-25$24.48$25.0085.4%21.2%50.7%10.7%85.3%-28.9%0.1%4.7M-210.0M-2.1M0.2327.84N/AN/A111,20825,486557,222184,237
2025-02-26$24.70$25.0085.9%20.0%50.8%10.9%84.2%-27.7%-0.2%5.9M-235.5M-2.1M0.1420.62N/AN/A79,77810,790586,712188,812
2025-02-27$24.52$25.0087.5%20.2%50.6%11.4%83.6%-25.3%-2.4%6.3M-232.5M-2.1M0.1818.72N/AN/A101,94218,158611,707191,258
2025-02-28$24.80$25.0086.5%19.1%50.7%11.1%78.0%-27.0%0.6%8.0M-236.8M-2.2M0.1918.29N/AN/A100,57618,645650,078194,795