GME Options History — August 2025

In August 2025, GME traded between $22.13 and $23.12. ATM implied volatility averaged 58.6%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 38.0% (HV 20d: 20.6%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.31.

Notable Days

  • 2025-08-01: Highest Volume — 217,178 contracts
  • 2025-08-11: Largest IV spike — 15.0% change
  • 2025-08-22: Highest IV Rank — 22.1%
  • 2025-08-28: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.67$22.13$23.12$22.13$22.48
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV58.6%45.2%66.5%48.4%62.7%
Expected Move18.1%12.5%20.3%12.5%19.3%
HV 20d20.6%18.1%28.0%28.0%19.5%
HV 60d66.5%59.9%70.3%70.2%60.1%
IV Rank14.0%0.4%22.1%3.6%18.2%
IV Percentile17.6%0.4%31.0%2.4%23.0%
Term Structure2.7%-3.8%16.2%1.7%-1.3%
VWIV69.8%53.1%78.9%53.1%76.0%
Skew 25d-11.9%-17.4%-7.8%-17.4%-8.2%
Skew 10d-30.9%-47.9%-21.4%-33.3%-23.8%
Call IV 25d68.1%50.4%77.4%60.7%73.7%
Put IV 25d56.2%42.6%65.5%43.3%65.5%
Bid-Ask Spread %19.628.6129.7729.7716.23
Gamma HHI0.130.080.350.080.12
Net GEX15.0M5.0M26.9M5.0M5.9M
Net DEX-419.4M-485.4M-286.5M-286.5M-442.0M
Net VEX-5.0M-5.6M-4.7M-4.7M-5.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.151.120.280.29
Total Volume138,808.28686,186217,178217,178199,018
Total OI1,499,747.1431,340,2011,656,2041,561,9551,656,204

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$22.13$23.0048.4%12.5%28.0%3.6%53.1%-17.4%1.7%5.0M-286.5M-4.7M0.2829.77N/AN/A169,18347,9951,024,863537,092
2025-08-04$22.41$23.0047.9%17.9%21.9%3.1%72.4%-16.3%12.9%10.0M-355.4M-4.7M0.1523.34N/AN/A104,80815,211923,541515,527
2025-08-05$22.86$23.0047.3%17.7%23.0%2.5%68.7%-10.3%13.8%16.2M-433.8M-4.8M0.1726.52N/AN/A87,14515,072961,030521,020
2025-08-06$22.72$23.0045.2%17.3%22.1%0.4%67.5%-9.6%6.5%16.9M-412.2M-4.8M0.2028.28N/AN/A80,96215,814986,149521,980
2025-08-07$22.63$23.0048.0%17.5%22.1%3.2%68.3%-8.4%9.1%16.0M-399.8M-4.8M0.2126.23N/AN/A79,37516,4601,008,575523,638
2025-08-08$22.38$23.0049.5%17.0%21.8%4.8%66.4%-7.8%16.2%9.5M-356.7M-4.8M0.2315.38N/AN/A114,05026,4381,020,991525,600
2025-08-11$22.38$23.0057.0%17.8%21.2%12.4%69.3%-8.9%2.1%11.2M-374.2M-4.8M0.2419.54N/AN/A101,75324,441930,687507,693
2025-08-12$22.77$23.0062.0%18.2%21.9%17.4%69.0%-12.3%-1.0%16.0M-431.6M-4.8M0.2020.32N/AN/A86,88417,749967,112512,909
2025-08-13$23.03$23.0060.3%17.8%21.9%15.7%67.9%-9.8%2.3%21.7M-473.1M-4.9M0.3018.22N/AN/A88,32926,724992,777514,452
2025-08-14$22.86$23.0062.5%18.1%21.9%17.9%67.6%-13.8%0.5%21.8M-446.6M-4.8M0.2416.17N/AN/A88,82220,9011,011,097518,262
2025-08-15$22.77$23.0061.5%17.7%21.6%16.9%67.1%-12.6%0.1%19.8M-433.6M-4.9M0.1914.70N/AN/A168,24032,4641,030,655520,851
2025-08-18$23.12$23.0059.8%17.1%18.5%15.2%66.5%-11.2%-0.8%15.8M-467.2M-5.0M0.2215.73N/AN/A112,58024,228856,513483,688
2025-08-19$22.86$23.0063.9%18.3%18.5%19.4%69.9%-13.3%-3.8%16.8M-446.1M-5.0M0.1917.69N/AN/A80,72015,309902,661495,674
2025-08-20$22.74$23.0064.7%18.5%18.5%20.2%72.1%-16.6%-1.0%17.0M-446.0M-5.1M1.0819.62N/AN/A80,38086,608932,777501,402
2025-08-21$22.55$23.0066.4%19.1%18.3%21.9%71.9%-13.7%-0.0%14.6M-417.7M-5.1M0.1918.14N/AN/A72,27613,910955,196531,704
2025-08-22$22.88$23.0066.5%19.3%18.5%22.1%72.7%-12.4%-1.3%26.9M-466.1M-5.2M0.3317.26N/AN/A154,84250,916973,231535,671
2025-08-25$22.73$23.0064.7%18.9%18.1%20.2%71.0%-13.2%-0.3%12.9M-434.1M-5.2M0.268.61N/AN/A103,76627,388899,063538,308
2025-08-26$22.34$23.0065.1%19.4%18.2%20.6%72.6%-13.4%2.2%10.8M-385.1M-5.0M1.1221.97N/AN/A87,17997,940933,221552,910
2025-08-27$22.52$23.0064.0%19.4%18.2%19.5%76.8%-11.3%-0.3%11.9M-413.8M-5.3M0.2218.62N/AN/A107,94423,950966,129594,802
2025-08-28$22.88$23.0064.1%20.3%19.1%19.6%78.9%-9.7%-0.3%18.9M-485.4M-5.4M0.1619.68N/AN/A126,95120,2491,002,698606,337
2025-08-29$22.48$23.0062.7%19.3%19.5%18.2%76.0%-8.2%-1.3%5.9M-442.0M-5.6M0.2916.23N/AN/A154,69344,3251,048,675607,529