GME Options History — October 2025

In October 2025, GME traded between $22.39 and $27.61. ATM implied volatility averaged 49.7%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 15.1% (HV 20d: 34.6%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.21.

Notable Days

  • 2025-10-23: Highest Volume — 335,101 contracts
  • 2025-10-09: Largest IV spike — 17.4% change
  • 2025-10-29: Highest IV Rank — 15.7%
  • 2025-10-29: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.91$22.39$27.61$27.61$22.39
Max Pain$24.26$24.00$25.00$24.00$24.00
ATM IV49.7%40.3%56.5%54.9%52.1%
Expected Move14.5%11.5%17.5%14.9%15.2%
HV 20d34.6%30.2%40.3%33.2%30.2%
HV 60d29.7%26.7%31.1%26.7%31.1%
IV Rank7.5%0.0%15.7%10.2%11.4%
IV Percentile10.2%0.0%25.8%14.7%14.3%
Term Structure1.2%-3.4%6.3%-2.2%0.1%
VWIV56.8%47.0%69.7%56.9%65.3%
Skew 25d-9.2%-18.4%-1.7%-15.2%-13.8%
Skew 10d-21.1%-50.8%5.2%-27.3%-32.1%
Call IV 25d58.8%46.8%73.1%67.7%65.9%
Put IV 25d49.7%39.7%57.8%52.5%52.1%
Bid-Ask Spread %26.4513.4855.4422.4417.50
Gamma HHI0.150.090.420.100.24
Net GEX10.5M78.6K34.6M32.5M78.6K
Net DEX-270.0M-1.21B-10.7M-1.21B-166.8M
Net VEX-2.0M-7.3M-112.4K-7.3M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.100.320.190.32
Total Volume138,189.8260335,101199,087215,650
Total OI652,860.1354,8121,959,3121,902,663736,760

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$27.61$24.0054.9%14.9%33.2%10.2%56.9%-15.2%-2.2%32.5M-1.21B-7.3M0.1922.44N/AN/A166,74832,3391,199,069703,594
2025-10-02$26.87$24.0052.8%15.2%34.3%8.2%60.3%-18.4%-3.4%27.3M-1.00B-7.0M0.2933.84N/AN/A208,95260,0201,205,159708,324
2025-10-03$26.23$24.0053.5%16.6%35.9%8.8%0.0%-7.2%4.8%17.8M-855.1M-6.5M0.0022.70N/AN/A001,231,081728,231
2025-10-06$25.02$25.0052.3%14.1%39.2%7.6%54.0%-11.3%4.2%13.3M-624.5M-5.8M0.3055.44N/AN/A56,64717,015774,397623,838
2025-10-07$24.46$25.0043.6%14.0%40.3%0.0%53.3%-8.8%4.4%651.4K-10.7M-112.4K0.3125.44N/AN/A51,83915,91441,13913,673
2025-10-08$24.48$25.0042.8%13.7%36.7%0.0%53.2%-10.2%6.1%1.3M-30.4M-232.5K0.2830.49N/AN/A65,25818,46372,66423,091
2025-10-09$24.04$25.0050.2%13.5%37.0%7.4%50.9%-10.2%6.3%1.8M-27.1M-394.1K0.2746.99N/AN/A71,50919,238141,94748,066
2025-10-10$23.55$25.0048.6%14.2%37.5%5.8%52.7%-3.3%4.9%1.3M-36.7M-550.6K0.3037.92N/AN/A74,72922,503156,10948,419
2025-10-13$23.52$25.0045.5%13.8%35.9%2.7%52.4%-2.2%2.1%1.6M-42.8M-637.8K0.1629.02N/AN/A82,72113,258192,73962,640
2025-10-14$23.38$24.0046.4%13.5%34.5%3.6%53.0%-5.3%-0.7%3.4M-58.6M-702.1K0.2535.96N/AN/A53,42413,534230,54668,320
2025-10-15$23.50$24.0047.3%13.2%34.7%4.5%51.7%-3.2%-0.8%4.3M-62.3M-738.2K0.2817.82N/AN/A85,87523,630250,62174,351
2025-10-16$22.93$24.0047.7%13.6%35.3%5.0%53.1%-1.7%0.8%1.3M-34.4M-805.7K0.1521.21N/AN/A113,39016,804289,10989,768
2025-10-17$23.12$24.0045.6%13.4%35.6%2.9%52.3%-2.2%2.4%1.1M-63.9M-903.6K0.2922.76N/AN/A98,65628,776321,26595,001
2025-10-20$23.25$24.0040.3%11.5%32.9%0.0%47.0%-4.3%1.6%6.1M-122.2M-1000.0K0.1420.33N/AN/A95,79813,821228,02579,431
2025-10-21$23.06$24.0041.0%11.8%32.8%0.7%47.7%-6.8%0.5%7.1M-109.9M-1.1M0.1115.74N/AN/A118,80413,502273,07195,844
2025-10-22$22.55$24.0048.1%13.8%32.9%7.5%56.7%-7.8%0.5%7.8M-105.9M-1.1M0.1830.90N/AN/A178,09732,004346,847103,966
2025-10-23$23.66$24.0055.3%16.0%36.9%14.6%62.1%-14.4%-2.0%19.8M-279.5M-1.4M0.1025.55N/AN/A304,41330,688402,307120,696
2025-10-24$23.41$24.0054.3%15.9%34.9%13.5%64.0%-11.1%-2.8%34.6M-272.7M-1.6M0.1316.68N/AN/A209,84327,181490,419123,372
2025-10-27$23.53$24.0055.8%16.1%32.4%15.0%63.7%-10.6%0.3%15.8M-312.9M-1.7M0.1321.53N/AN/A180,77123,722459,551115,556
2025-10-28$23.41$24.0054.0%16.2%31.8%13.3%64.5%-12.0%-0.7%16.8M-288.0M-1.7M0.1718.12N/AN/A74,61013,008519,250125,933
2025-10-29$23.30$24.0056.5%17.5%30.9%15.7%69.7%-16.9%-0.1%15.9M-282.7M-1.8M0.1226.55N/AN/A95,29911,255541,172141,193
2025-10-30$22.77$24.0055.4%16.2%30.6%14.7%65.1%-14.6%2.3%9.3M-215.8M-1.7M0.1613.48N/AN/A110,52618,132572,540146,689
2025-10-31$22.39$24.0052.1%15.2%30.2%11.4%65.3%-13.8%0.1%78.6K-166.8M-1.7M0.3217.50N/AN/A163,68751,963583,583153,177