GME Options History — February 2026

In February 2026, GME traded between $23.29 and $25.66. ATM implied volatility averaged 52.9%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 4.6% (HV 20d: 48.4%). Max pain ranged from $21.00 to $23.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.19.

Notable Days

  • 2026-02-02: Highest Volume — 511,159 contracts
  • 2026-02-23: Largest IV spike — 17.9% change
  • 2026-02-02: Highest IV Rank — 28.6%
  • 2026-02-02: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.22$23.29$25.66$25.66$24.07
Max Pain$22.71$21.00$23.00$21.00$23.00
ATM IV52.9%45.0%59.5%59.5%57.4%
Expected Move14.7%12.6%17.6%17.6%13.7%
HV 20d48.4%43.2%52.1%43.2%43.5%
HV 60d39.5%37.8%40.2%37.8%38.8%
IV Rank21.0%11.7%28.6%28.6%26.1%
IV Percentile33.5%13.9%49.2%46.4%49.2%
Term Structure2.3%-5.6%9.2%-1.9%1.5%
VWIV56.6%48.0%70.2%70.2%54.8%
Skew 25d-8.5%-20.1%-1.1%-20.1%-12.6%
Skew 10d-26.2%-50.6%-9.8%-50.6%-17.6%
Call IV 25d62.2%51.0%76.4%76.4%66.7%
Put IV 25d53.7%46.6%60.6%56.3%54.1%
Bid-Ask Spread %24.8213.6332.6013.6331.04
Gamma HHI0.180.100.500.120.47
Net GEX28.6M14.6M54.3M26.1M49.6M
Net DEX-723.8M-1.03B-552.5M-1.03B-706.1M
Net VEX-4.5M-4.8M-4.3M-4.7M-4.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.140.320.150.15
Total Volume187,141.68496,453511,159511,159211,785
Total OI1,192,140.1581,054,4291,296,3951,071,9351,205,051

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$25.66$21.0059.5%17.6%43.2%28.6%70.2%-20.1%-1.9%26.1M-1.03B-4.7M0.1513.63N/AN/A443,79067,369819,234252,701
2026-02-03$24.36$21.0058.1%16.7%48.5%27.0%65.7%-11.2%-5.6%25.4M-793.2M-4.7M0.2117.56N/AN/A238,12750,704922,048285,383
2026-02-04$25.02$21.5056.6%16.3%48.9%25.3%64.0%-8.7%-5.3%30.2M-918.7M-4.8M0.1519.69N/AN/A156,15023,136950,960298,327
2026-02-05$24.74$23.0054.5%16.2%48.9%22.8%61.4%-7.6%4.4%30.6M-858.5M-4.8M0.2128.40N/AN/A184,74738,974968,299301,762
2026-02-06$24.95$23.0052.9%15.4%48.9%21.0%60.1%-11.6%2.2%54.3M-879.2M-4.7M0.1528.00N/AN/A238,59936,525990,503305,892
2026-02-09$24.79$23.0050.9%15.3%48.8%18.7%59.2%-7.9%1.1%25.9M-789.8M-4.6M0.2420.01N/AN/A112,82927,164875,796279,709
2026-02-10$24.93$23.0051.4%15.4%48.3%19.2%56.7%-11.4%2.5%28.4M-825.8M-4.6M0.1524.41N/AN/A125,57418,625899,374291,632
2026-02-11$24.16$23.0048.2%14.7%50.3%15.5%55.6%-8.7%4.1%24.9M-703.9M-4.6M0.2226.10N/AN/A94,31920,593927,711295,364
2026-02-12$23.56$23.0051.5%15.3%51.5%19.3%59.0%-7.0%7.4%20.0M-610.9M-4.5M0.1431.94N/AN/A167,77223,507946,832299,444
2026-02-13$23.53$23.0049.2%14.5%51.4%16.6%56.2%-11.5%0.9%14.6M-590.0M-4.5M0.1822.56N/AN/A138,59325,078970,355304,949
2026-02-17$23.29$23.0045.0%13.0%51.6%11.7%48.0%-3.4%5.7%19.7M-552.5M-4.3M0.2123.76N/AN/A112,89823,199864,872280,923
2026-02-18$23.93$23.0048.6%13.9%52.1%16.0%53.2%-6.3%7.1%26.0M-654.0M-4.4M0.1822.67N/AN/A129,39323,900880,128287,294
2026-02-19$23.95$23.0050.0%13.9%51.6%17.6%52.3%-6.4%8.8%30.6M-673.9M-4.5M0.3220.55N/AN/A84,24726,727910,364295,318
2026-02-20$23.44$23.0047.2%12.6%47.8%14.3%49.0%-4.6%9.2%22.6M-556.7M-4.3M0.1923.78N/AN/A171,02831,855934,718300,178
2026-02-23$23.59$23.0055.6%14.1%47.8%24.1%54.9%-7.1%0.2%21.0M-568.1M-4.4M0.1828.34N/AN/A125,80922,912789,671264,758
2026-02-24$23.71$23.0055.9%13.6%45.5%24.4%54.3%-6.2%3.3%26.0M-619.4M-4.4M0.2225.36N/AN/A112,73224,738841,260277,764
2026-02-25$24.20$23.0057.0%13.9%46.0%25.7%51.6%-7.7%0.4%32.1M-701.0M-4.4M0.1731.12N/AN/A82,42414,029864,024286,020
2026-02-26$24.24$23.0056.5%13.2%44.8%25.2%49.9%-1.1%-2.0%35.4M-721.5M-4.5M0.2532.60N/AN/A100,64225,199887,836294,209
2026-02-27$24.07$23.0057.4%13.7%43.5%26.1%54.8%-12.6%1.5%49.6M-706.1M-4.5M0.1531.04N/AN/A183,68128,104905,172299,879