GPIQ Options History — October 2024

In October 2024, GPIQ traded between $46.87 and $48.63. ATM implied volatility averaged 26.5%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 14.8% (HV 20d: 11.6%). Max pain ranged from $47.00 to $48.00. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 1 of 23 days.

Notable Days

  • 2024-10-18: Highest Volume — 2 contracts
  • 2024-10-08: Largest IV drop — 53.6% change
  • 2024-10-07: Highest IV Rank — 41.0%
  • 2024-10-29: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.80$46.87$48.63$47.34$47.48
Max Pain$47.15$47.00$48.00$48.00$47.00
ATM IV26.5%16.4%35.3%29.4%17.2%
Expected Move7.4%4.9%9.0%8.4%4.9%
HV 20d11.6%9.8%14.7%14.5%12.9%
HV 60d19.7%15.0%21.5%21.3%15.3%
IV Rank26.9%10.9%41.0%31.6%12.2%
IV Percentile69.4%32.8%90.5%84.1%32.8%
Term Structure-5.7%-10.5%4.5%-7.0%4.5%
VWIV16.7%14.4%19.0%15.9%18.8%
Skew 25d0.5%-13.2%19.6%1.1%-1.7%
Skew 10d17.4%2.7%82.0%5.7%3.9%
Call IV 25d24.3%10.4%35.8%35.8%33.7%
Put IV 25d24.8%15.3%37.0%37.0%31.9%
Bid-Ask Spread %172.67161.27180.19161.27162.39
Gamma HHI0.800.551.000.560.89
Net GEX-430-2.2K554407-2.2K
Net DEX-1.7K-5.3K5.5K-5.3K5.5K
Net VEX-19-29-14-16-29
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.4780202
Total OI3.9132626

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$47.34$48.0029.4%8.4%14.5%31.6%0.0%1.1%-7.0%407-5.3K-160.00161.270020
2024-10-02$47.04$48.0029.9%8.6%14.7%32.4%0.0%-4.4%-7.3%432-4.9K-160.00164.290020
2024-10-03$46.87$0.0030.9%6.7%14.7%34.0%0.0%3.3%-4.3%554-4.4K-150.00176.760120
2024-10-04$47.34$0.0031.4%6.9%12.1%34.8%0.0%3.4%-4.0%164-3.8K-180.00176.900021
2024-10-07$47.00$0.0035.3%7.0%12.4%41.0%0.0%3.1%-4.1%146-3.3K-180.00177.180121
2024-10-08$47.55$0.0016.4%6.9%12.5%10.9%0.0%3.5%-4.3%-164-1.6K-200.00177.620022
2024-10-09$47.86$0.0024.0%6.9%11.6%23.0%0.0%17.7%-4.0%62-3.0K-170.00177.890022
2024-10-10$47.81$0.0024.8%7.1%11.0%24.2%0.0%17.4%-4.5%-153-2.5K-180.00177.850022
2024-10-11$47.98$0.0024.9%7.1%11.0%24.4%0.0%18.3%-4.3%112-3.6K-160.00179.630022
2024-10-14$48.27$0.0025.6%7.4%10.9%25.6%0.0%19.6%-4.8%95-4.8K-150.00178.850022
2024-10-15$47.67$0.0024.9%7.1%12.0%24.4%0.0%11.7%-6.1%-90-2.0K-150.00174.470022
2024-10-16$47.77$0.0026.4%7.6%12.0%26.9%15.9%-2.3%-5.2%-8-2.4K-140.00170.970122
2024-10-17$47.85$47.0026.2%7.5%9.8%26.4%0.0%8.6%-5.2%-240-714-170.00168.480023
2024-10-18$48.09$47.0026.2%7.5%9.9%26.4%0.0%-5.3%-6.1%-238-3.5K-160.00170.350223
2024-10-21$48.09$47.0021.4%6.1%9.9%18.8%15.3%-11.2%-5.7%-292-2.0K-150.00180.190111
2024-10-22$48.23$47.0027.3%7.8%9.9%28.3%17.1%-9.6%-6.8%-564-1.1K-180.00169.490112
2024-10-23$47.62$47.0027.3%7.8%10.9%28.3%14.4%-5.9%-7.5%-1.3K1.3K-240.00166.810113
2024-10-24$47.97$47.0028.4%8.2%11.0%30.0%0.0%-12.4%-7.0%-1.5K1.6K-260.00170.270014
2024-10-25$48.22$47.0025.7%7.4%11.1%25.7%0.0%-11.3%-8.5%-1.3K960-240.00171.020014
2024-10-28$48.27$47.0026.0%7.4%11.1%26.1%0.0%-13.2%-8.8%-1.4K693-230.00174.140014
2024-10-29$48.63$47.0031.4%9.0%10.9%34.8%0.0%-6.7%-9.8%-1.1K-157-210.00171.880014
2024-10-30$48.39$47.0027.8%8.0%10.8%29.0%19.0%-12.1%-10.5%-1.3K524-210.00172.680114
2024-10-31$47.48$47.0017.2%4.9%12.9%12.2%18.8%-1.7%4.5%-2.2K5.5K-290.00162.390215