GPIQ Options History — December 2025

In December 2025, GPIQ traded between $51.76 and $53.56. ATM implied volatility averaged 11.1%, placing in the 2.2% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded below realized volatility by 3.7% (HV 20d: 14.8%). Max pain ranged from $52.00 to $53.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.33.

Notable Days

  • 2025-12-29: Highest Volume — 332 contracts
  • 2025-12-26: Largest IV spike — 171.0% change
  • 2025-12-26: Highest IV Rank — 6.2%
  • 2025-12-04: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.03$51.76$53.56$52.74$52.95
Max Pain$52.14$52.00$53.00$52.00$53.00
ATM IV11.1%5.3%17.4%11.8%5.3%
Expected Move3.5%1.5%5.7%3.4%1.5%
HV 20d14.8%10.9%18.7%18.6%10.9%
HV 60d14.4%13.9%14.9%13.9%14.9%
IV Rank2.2%0.0%6.2%2.3%0.0%
IV Percentile25.0%0.0%57.5%30.6%0.0%
Term Structure5.4%-3.8%14.8%5.0%6.7%
VWIV11.9%5.2%19.2%13.4%6.8%
Skew 25d6.1%1.8%12.5%7.0%4.6%
Skew 10d5.4%-8.6%11.9%11.9%6.9%
Call IV 25d7.7%4.5%10.8%7.6%7.2%
Put IV 25d13.8%9.2%19.7%14.6%11.8%
Bid-Ask Spread %147.43107.66164.50112.40139.82
Gamma HHI0.320.210.520.210.29
Net GEX120.9K-31.8K364.2K98.4K-28.9K
Net DEX-838.0K-2.0M616.9K-671.0K-103.8K
Net VEX-6.1K-7.2K-5.0K-6.0K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.164.633.063.27
Total Volume125.5833213864
Total OI1,393.8188941,8591,1681,224

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-12-01$52.74$52.0011.8%3.4%18.6%2.3%13.4%7.0%5.0%98.4K-671.0K-6.0K3.06112.4034104567601
2025-12-02$53.09$52.0013.6%3.9%18.7%3.3%14.8%6.2%-3.8%104.3K-909.0K-5.9K0.50107.6611356599656
2025-12-03$53.20$52.0013.1%3.8%18.1%3.0%12.8%4.2%2.6%184.8K-1.2M-6.2K0.16111.19437696670
2025-12-04$53.10$52.0013.4%5.7%18.0%3.1%9.3%7.8%8.3%197.7K-1.2M-6.4K0.53155.991910730674
2025-12-05$53.31$52.0012.7%4.3%17.0%2.8%10.3%2.6%4.0%251.9K-1.6M-5.9K2.26158.832761745678
2025-12-08$53.16$52.0013.4%5.7%16.9%3.1%13.2%4.3%2.5%253.8K-1.4M-5.9K0.32163.3316252763693
2025-12-09$53.32$52.0013.3%5.3%15.3%3.1%0.0%7.4%7.0%323.2K-1.7M-6.1K0.33162.9762842723
2025-12-10$53.56$52.0016.3%4.7%15.3%4.7%14.6%4.8%3.4%364.2K-2.0M-6.0K0.22150.815813842725
2025-12-11$53.33$52.0014.7%4.2%15.4%3.9%15.1%5.5%-2.8%313.4K-1.6M-5.8K4.63164.501988819736
2025-12-12$52.56$52.0011.6%3.3%15.2%2.2%14.4%1.8%10.0%119.4K-543.8K-6.4K0.63162.84203127821816
2025-12-15$52.42$52.0010.5%3.0%15.2%1.5%14.2%3.4%5.6%62.8K-258.6K-6.4K4.36163.921461874879
2025-12-16$52.57$53.0011.3%3.2%14.7%2.0%19.2%12.5%3.5%87.3K-425.2K-6.5K0.30159.7919057887907
2025-12-17$51.76$52.0010.7%3.1%15.7%1.6%13.7%2.1%4.5%-31.8K616.9K-6.4K0.93145.628781888925
2025-12-18$52.47$52.0011.5%3.3%16.3%2.1%14.5%12.0%11.5%36.4K-255.7K-6.7K0.52141.127740899959
2025-12-19$52.91$52.0011.6%3.3%14.2%2.1%11.5%11.2%-1.2%63.2K-926.7K-6.1K0.92151.916661898961
2025-12-22$53.17$52.006.4%1.8%13.9%0.0%11.2%6.4%3.5%-19.5K-500.6K-5.6K2.64157.0347124416478
2025-12-23$53.36$52.006.0%1.7%11.8%0.0%5.3%6.5%14.7%75.1K-949.1K-5.0K0.51154.934523436468
2025-12-24$53.48$52.006.4%1.8%11.8%0.2%5.2%6.2%14.8%67.6K-889.6K-5.6K0.25150.71369471492
2025-12-26$53.56$52.0017.4%5.0%11.3%6.2%10.0%7.8%-0.3%66.1K-875.6K-5.6K1.14147.595057476488
2025-12-29$53.33$52.008.2%2.4%11.4%1.2%11.8%7.2%13.2%24.2K-681.8K-5.6K1.32132.25143189512522
2025-12-30$53.28$53.005.4%1.6%11.0%0.0%8.5%2.7%6.7%46.4K-476.8K-7.2K0.57148.302313544664
2025-12-31$52.95$53.005.3%1.5%10.9%0.0%6.8%4.6%6.7%-28.9K-103.8K-7.0K3.27139.821549559665