GPIQ Options History — March 2024

In March 2024, GPIQ traded between $45.45 and $46.80. ATM implied volatility averaged 22.8%. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 7.3% (HV 20d: 15.5%). Max pain ranged from $46.00 to $46.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-04: Highest Volume — 6 contracts
  • 2024-03-05: Largest IV spike — 135.3% change
  • 2024-03-01: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.17$45.45$46.80$46.80$46.56
Max Pain$46.00$46.00$46.00$46.00$46.00
ATM IV22.8%11.1%58.3%31.4%11.6%
Expected Move4.2%3.3%9.0%9.0%3.3%
HV 20d15.5%13.2%17.6%15.5%13.2%
Term Structure4.4%-10.7%8.1%-10.7%7.7%
VWIV12.6%11.4%13.8%11.4%13.8%
Skew 25d1.2%-7.5%10.6%5.6%-6.1%
Skew 10d3.2%-5.8%9.4%9.4%-5.8%
Call IV 25d21.0%15.5%35.2%35.2%20.5%
Put IV 25d22.2%14.3%40.9%40.9%14.3%
Bid-Ask Spread %162.42152.56170.92158.08170.92
Gamma HHI0.470.351.001.000.36
Net GEX-3.0K-4.5K-714-2.1K-3.4K
Net DEX18.8K5.7K31.4K13.7K13.0K
Net VEX-112-143-66-67-110
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.050601
Total OI21.911261126

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$46.80$46.0031.4%9.0%15.5%0.0%0.0%5.6%-10.7%-2.1K13.7K-670.00158.0800110
2024-03-04$46.28$46.0011.1%4.0%15.8%0.0%11.4%3.6%4.4%-2.9K15.7K-660.00165.9460110
2024-03-05$45.45$46.0026.1%6.4%16.9%0.0%0.0%4.3%-6.4%-71411.7K-1020.00166.1610710
2024-03-06$45.77$46.0037.0%4.2%16.6%0.0%0.0%4.6%4.2%-94212.2K-990.00162.7800610
2024-03-07$46.34$46.0039.4%4.1%16.9%0.0%0.0%4.2%3.4%-9515.7K-980.00161.8002610
2024-03-08$45.86$46.0040.9%3.3%17.3%0.0%13.8%4.1%1.6%-2.5K26.7K-890.00152.5605612
2024-03-11$45.72$46.0056.0%4.3%17.2%0.0%0.0%6.4%3.9%-2.8K27.4K-1240.00160.6900617
2024-03-12$46.20$46.0058.3%3.7%17.6%0.0%0.0%0.1%5.8%-3.2K19.8K-1210.00155.4600617
2024-03-13$46.08$46.0014.1%4.1%16.4%0.0%0.0%-1.3%3.8%-3.4K22.2K-1200.00160.5100617
2024-03-14$45.76$46.0013.7%3.9%16.0%0.0%0.0%6.4%7.3%-3.5K27.6K-1170.00158.8200617
2024-03-15$45.53$46.0014.2%4.1%16.1%0.0%0.0%10.6%8.1%-3.8K31.4K-1110.00158.7206617
2024-03-18$45.91$46.0014.2%4.1%16.2%0.0%0.0%5.7%7.9%-3.9K27.7K-1430.00162.1400620
2024-03-19$45.93$46.0014.2%4.1%15.9%0.0%0.0%5.3%7.1%-4.0K27.4K-1410.00160.8800620
2024-03-20$46.31$46.0013.6%3.9%16.0%0.0%0.0%-2.1%6.2%-3.7K20.0K-1350.00159.6900620
2024-03-21$46.56$46.0012.2%3.5%13.4%0.0%0.0%-5.1%6.1%-4.5K20.6K-1300.00164.1000620
2024-03-22$46.66$46.0012.1%3.5%13.4%0.0%0.0%-7.5%6.1%-3.1K11.6K-1230.00168.9100620
2024-03-25$46.59$46.0011.9%3.4%13.4%0.0%0.0%-4.6%6.8%-3.3K13.7K-1200.00165.8900620
2024-03-26$46.55$46.0012.5%3.6%13.4%0.0%0.0%-4.1%7.4%-3.3K15.1K-1170.00166.2100620
2024-03-27$46.55$46.0011.9%3.4%13.3%0.0%0.0%-7.0%7.5%-3.5K13.4K-1120.00168.1000620
2024-03-28$46.56$46.0011.6%3.3%13.2%0.0%0.0%-6.1%7.7%-3.4K13.0K-1100.00170.9201620