GME Options History — July 2025

In July 2025, GME traded between $22.45 and $24.13. ATM implied volatility averaged 51.0%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 3.6% (HV 20d: 54.6%). Max pain ranged from $22.00 to $24.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.21.

Notable Days

  • 2025-07-21: Highest Volume — 426,456 contracts
  • 2025-07-21: Largest IV spike — 13.7% change
  • 2025-07-23: Highest IV Rank — 12.9%
  • 2025-07-23: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.34$22.45$24.13$23.97$22.45
Max Pain$22.77$22.00$24.00$24.00$23.00
ATM IV51.0%44.8%57.5%55.9%49.4%
Expected Move14.4%12.7%16.7%13.9%13.4%
HV 20d54.6%27.0%100.1%99.1%27.7%
HV 60d71.8%70.2%77.7%77.7%70.3%
IV Rank3.0%0.0%12.9%2.5%4.6%
IV Percentile1.7%0.0%9.5%2.0%2.4%
Term Structure1.3%-2.1%14.0%-2.1%-1.4%
VWIV57.7%50.1%68.8%55.7%56.5%
Skew 25d-10.4%-17.3%-4.4%-5.4%-13.9%
Skew 10d-24.4%-49.9%-8.5%-8.5%-34.4%
Call IV 25d59.7%50.7%69.0%62.0%61.6%
Put IV 25d49.4%44.1%56.6%56.6%47.7%
Bid-Ask Spread %29.9811.7647.8313.8228.14
Gamma HHI0.130.070.280.130.07
Net GEX17.5M8.2M27.3M22.8M8.3M
Net DEX-472.3M-655.0M-322.1M-575.9M-354.4M
Net VEX-4.8M-5.1M-4.6M-5.1M-4.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.100.380.320.38
Total Volume180,128.5103,898426,456129,071170,537
Total OI1,515,773.4091,321,4161,644,8521,514,1691,514,973

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$23.97$24.0055.9%13.9%99.1%2.5%55.7%-5.4%-2.1%22.8M-575.9M-5.1M0.3213.82N/AN/A97,91031,161988,156526,013
2025-07-02$23.88$24.0053.6%13.8%99.1%0.0%52.3%-7.6%0.7%23.9M-532.0M-4.9M0.1911.76N/AN/A107,15120,5931,010,089533,136
2025-07-03$23.82$22.0052.6%16.0%99.1%0.0%62.4%-4.4%3.2%26.1M-521.7M-5.0M0.1745.00N/AN/A149,93925,6291,033,777534,900
2025-07-07$22.61$22.0055.4%16.6%100.0%3.1%64.0%-12.0%3.9%9.6M-339.4M-4.7M0.3234.19N/AN/A154,20949,416946,928505,176
2025-07-08$22.72$22.0053.3%15.9%100.1%0.8%60.0%-6.8%0.5%9.9M-338.7M-4.6M0.1727.66N/AN/A136,55022,884983,442512,283
2025-07-09$23.14$22.0054.2%15.7%100.0%1.8%60.9%-9.4%0.7%14.6M-430.5M-4.8M0.1629.34N/AN/A206,58934,0371,004,088517,931
2025-07-10$23.13$22.0049.6%14.8%100.1%0.0%57.5%-7.5%1.8%16.9M-424.7M-4.7M0.2029.50N/AN/A108,73721,2561,053,842525,333
2025-07-11$23.41$22.0050.8%14.7%99.1%1.3%55.3%-8.4%-0.0%21.4M-494.5M-4.8M0.2126.00N/AN/A260,88554,6591,080,733525,945
2025-07-14$23.68$22.0050.5%14.6%31.9%1.0%55.6%-7.4%1.3%16.8M-504.5M-4.8M0.2427.07N/AN/A119,89828,873986,104506,705
2025-07-15$23.34$23.0047.3%13.7%32.2%0.0%54.0%-7.0%-1.1%16.5M-443.4M-4.7M0.2031.68N/AN/A109,16222,0191,025,431517,937
2025-07-16$23.61$23.0049.6%14.2%28.4%2.4%55.8%-4.9%-0.0%20.4M-499.5M-4.8M0.1431.81N/AN/A129,58917,7281,052,597522,948
2025-07-17$23.46$23.0047.1%13.5%28.2%0.0%56.3%-6.0%-0.6%22.3M-480.5M-4.8M0.1631.86N/AN/A126,46120,0731,088,071524,686
2025-07-18$23.19$23.0044.8%12.7%27.0%0.0%50.1%-5.3%1.1%13.8M-420.1M-4.7M0.2127.43N/AN/A171,05436,3411,120,247524,605
2025-07-21$23.98$23.0051.0%14.5%29.1%6.2%58.8%-13.0%1.3%18.3M-567.1M-4.9M0.1031.71N/AN/A387,44539,011861,845459,571
2025-07-22$24.13$23.0053.6%15.6%28.8%8.9%61.6%-14.4%-0.9%26.7M-655.0M-5.0M0.1331.26N/AN/A185,10023,331978,224473,873
2025-07-23$23.95$23.0057.5%16.7%28.9%12.9%68.8%-14.5%0.4%27.3M-641.5M-5.1M0.1621.87N/AN/A154,57524,3481,014,964480,097
2025-07-24$23.69$23.0053.2%15.2%29.2%8.5%64.2%-17.3%-0.5%25.0M-573.4M-5.0M0.2422.71N/AN/A106,61525,4761,046,158486,539
2025-07-25$23.30$23.0049.9%13.9%29.2%5.1%55.2%-16.5%0.4%14.7M-483.1M-5.0M0.2427.34N/AN/A149,79935,6311,061,202496,173
2025-07-28$23.01$23.0047.6%12.9%29.3%2.8%54.2%-15.9%2.2%11.4M-413.9M-4.7M0.2337.56N/AN/A138,34531,157911,408482,075
2025-07-29$22.64$23.0048.0%13.0%27.7%3.3%56.7%-15.4%3.7%9.9M-374.1M-4.7M0.2343.96N/AN/A101,14423,612949,569496,449
2025-07-30$22.45$23.0046.5%12.7%27.7%1.7%52.9%-14.9%14.0%8.2M-322.1M-4.6M0.2847.83N/AN/A80,91422,984977,296505,496
2025-07-31$22.45$23.0049.4%13.4%27.7%4.6%56.5%-13.9%-1.4%8.3M-354.4M-4.7M0.3828.14N/AN/A123,95246,5851,001,458513,515