GPIQ Options History — April 2026

In April 2026, GPIQ traded between $49.50 and $54.37. ATM implied volatility averaged 15.4%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 7.0% (HV 20d: 22.4%). Max pain ranged from $50.00 to $52.00. Net GEX was positive for 12 of 16 trading days. Term structure was in contango for 9 of 16 days. Put/call ratio averaged 1.13.

Notable Days

2026-04-08: Highest Volume — 945 contracts
2026-04-17: Largest IV spike — 48.4% change
2026-04-22: Highest IV Rank — 33.6%
2026-04-07: Largest Expected Move — 5.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.11	$49.50	$54.37	$49.64	$54.10
Max Pain	$50.50	$50.00	$52.00	$51.00	$52.00
ATM IV	15.4%	9.1%	19.7%	16.1%	16.0%
Expected Move	4.4%	2.6%	5.6%	4.6%	4.6%
HV 20d	22.4%	20.8%	23.7%	21.9%	21.0%
HV 60d	18.2%	17.5%	18.8%	17.6%	18.4%
IV Rank	19.5%	9.3%	33.6%	12.8%	33.3%
IV Percentile	50.7%	8.7%	73.4%	53.2%	55.2%
Term Structure	-26.3%	-433.8%	7.0%	2.2%	0.1%
VWIV	16.0%	12.7%	23.3%	16.5%	17.1%
Skew 25d	4.6%	-1.2%	13.1%	-0.1%	-1.2%
Skew 10d	7.4%	-5.5%	22.2%	13.0%	22.2%
Call IV 25d	11.4%	7.5%	14.9%	14.9%	14.4%
Put IV 25d	15.9%	11.8%	20.7%	14.9%	13.3%
Bid-Ask Spread %	81.52	68.38	100.85	68.38	71.16
Gamma HHI	0.28	0.16	0.44	0.24	0.27
Net GEX	571.5K	-295.1K	1.3M	-295.1K	839.8K
Net DEX	-4.8M	-11.9M	2.8M	2.7M	-8.8M
Net VEX	-19.0K	-24.5K	-14.5K	-15.2K	-22.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.13	0.04	3.65	0.04	1.44
Total Volume	392.875	94	945	572	200
Total OI	4,452.188	3,446	5,200	3,446	4,326

Daily Data (16 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$49.64	$51.00	16.1%	4.6%	21.9%	12.8%	16.5%	-0.1%	2.2%	-295.1K	2.7M	-15.2K	0.04	68.38	548	24	1,829	1,617
2026-04-02	$49.50	$50.00	18.8%	5.4%	21.9%	16.0%	19.6%	2.8%	-433.8%	-226.4K	2.8M	-14.5K	1.54	87.49	37	57	2,319	1,632
2026-04-06	$49.90	$50.00	17.9%	5.1%	21.9%	15.0%	16.0%	7.6%	3.3%	-227.4K	2.2M	-14.9K	2.46	100.85	39	96	2,343	1,668
2026-04-07	$49.77	$50.00	19.7%	5.6%	21.5%	17.1%	23.3%	9.2%	-0.8%	-185.4K	2.0M	-16.5K	1.87	85.58	70	131	2,358	1,697
2026-04-08	$51.03	$50.00	16.1%	4.6%	23.5%	12.8%	14.0%	7.8%	-0.4%	110.1K	-1.0M	-17.3K	0.11	79.33	855	90	2,390	1,807
2026-04-09	$51.43	$50.00	17.4%	5.0%	23.7%	14.4%	16.4%	13.1%	-2.3%	585.5K	-3.7M	-20.5K	1.18	83.09	116	137	3,099	1,772
2026-04-10	$51.50	$50.00	15.6%	4.5%	23.2%	14.3%	13.6%	8.0%	-1.1%	618.5K	-4.0M	-21.2K	1.36	78.93	144	196	3,173	1,778
2026-04-13	$51.83	$50.00	13.1%	3.8%	23.1%	19.2%	12.7%	7.9%	0.1%	1.0M	-5.1M	-19.5K	3.65	79.89	92	336	3,300	1,659
2026-04-14	$52.64	$50.00	12.8%	3.7%	23.3%	18.5%	16.6%	1.6%	-0.6%	1.3M	-7.7M	-18.4K	0.48	86.27	336	160	3,294	1,712
2026-04-15	$53.20	$50.00	16.1%	4.6%	23.5%	26.6%	15.8%	5.7%	0.1%	1.1M	-9.4M	-20.8K	0.60	83.44	184	110	3,337	1,762
2026-04-16	$53.44	$50.00	9.1%	2.6%	23.0%	9.3%	15.2%	2.5%	7.0%	1.2M	-10.4M	-19.2K	0.18	87.00	650	114	3,344	1,805
2026-04-17	$53.95	$50.00	13.5%	3.9%	23.0%	20.2%	14.3%	-0.4%	3.5%	1.1M	-11.9M	-16.5K	1.27	76.40	221	281	3,348	1,852
2026-04-20	$53.81	$51.00	13.7%	3.9%	21.5%	20.7%	14.0%	-1.1%	2.0%	712.0K	-7.5M	-20.0K	1.08	78.24	293	316	2,516	1,201
2026-04-21	$53.62	$52.00	14.5%	4.2%	21.0%	28.6%	15.0%	6.5%	1.0%	652.2K	-7.2M	-24.5K	0.38	80.09	172	65	2,787	1,278
2026-04-22	$54.37	$52.00	16.1%	4.6%	20.8%	33.6%	16.5%	3.1%	-0.5%	782.2K	-9.1M	-22.5K	0.37	78.24	158	58	2,913	1,319
2026-04-23	$54.10	$52.00	16.0%	4.6%	21.0%	33.3%	17.1%	-1.2%	0.1%	839.8K	-8.8M	-22.6K	1.44	71.16	82	118	3,000	1,326