GPK Options History — March 2011

In March 2011, GPK traded between $4.86 and $5.51. ATM implied volatility averaged 123.7%, placing in the 54.2% IV rank vs the trailing year. The 30-day expected move averaged 29.5%. IV traded above realized volatility by 83.5% (HV 20d: 40.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 14 of 23 trading days. Put/call ratio averaged 0.00.

Notable Days

  • 2011-03-09: Highest Volume — 50 contracts
  • 2011-03-15: Largest IV drop — 100.0% change
  • 2011-03-14: Highest IV Rank — 96.9%
  • 2011-03-03: Largest Expected Move — 32.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.19$4.86$5.51$5.10$5.42
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV123.7%81.4%193.6%112.7%193.6%
Expected Move29.5%23.3%32.9%32.3%32.9%
HV 20d40.2%34.5%45.4%38.4%34.5%
HV 60d36.1%33.5%37.9%33.5%37.2%
IV Rank54.2%28.4%96.9%47.5%96.9%
IV Percentile73.7%37.3%99.1%73.5%99.1%
Bid-Ask Spread %184.67176.15187.63176.92184.35
Gamma HHI0.960.771.000.771.00
Net GEX687-2959.1K183-246
Net DEX-22.2K-44.9K-3.7K-33.8K-5.3K
Net VEX-30-52-17-52-17
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.26105000
Total OI228.873535635135

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2011-03-01$5.10$2.50112.7%32.3%38.4%47.5%0.0%0.0%0.0%183-33.8K-520.00176.9200101250
2011-03-02$5.05$2.5081.4%23.3%37.2%28.4%0.0%0.0%0.0%417-32.9K-480.00176.9000101250
2011-03-03$5.22$2.50114.8%32.9%38.6%48.8%0.0%0.0%0.0%227-36.6K-490.00176.1500101250
2011-03-04$5.31$0.00120.1%0.0%39.0%52.0%0.0%0.0%0.0%242-38.5K-470.00185.2200101250
2011-03-07$5.29$0.0093.1%0.0%38.5%35.5%0.0%0.0%0.0%464-39.1K-420.00185.5700101250
2011-03-08$5.43$0.00108.6%0.0%39.3%45.0%0.0%0.0%0.0%412-42.2K-390.00184.5300101250
2011-03-09$5.51$0.00103.8%0.0%39.3%42.1%0.0%0.0%0.0%470-44.9K-360.00184.72500101250
2011-03-10$5.30$0.00151.2%0.0%42.2%71.1%0.0%0.0%0.0%261-41.1K-400.00185.6200106250
2011-03-11$5.22$0.00158.1%0.0%42.3%75.2%0.0%0.0%0.0%246-39.3K-390.00186.1700106250
2011-03-14$5.03$0.00193.6%0.0%43.8%96.9%0.0%0.0%0.0%215-34.8K-360.00187.6300106250
2011-03-15$4.88$0.000.0%0.0%45.1%0.0%0.0%0.0%0.0%2.7K-20.7K-270.00186.2900106250
2011-03-16$4.86$0.000.0%0.0%45.1%0.0%0.0%0.0%0.0%1.6K-18.1K-230.00186.1700106250
2011-03-17$4.88$0.000.0%0.0%44.9%0.0%0.0%0.0%0.0%1.8K-18.1K-220.00186.2900106250
2011-03-18$4.99$0.000.0%0.0%44.8%0.0%0.0%0.0%0.0%9.1K-31.1K-260.00187.37250106250
2011-03-21$5.14$0.000.0%0.0%45.4%0.0%0.0%0.0%0.0%-292-3.7K-190.00186.67001520
2011-03-22$5.20$0.000.0%0.0%41.6%0.0%0.0%0.0%0.0%-283-4.0K-190.00185.74001520
2011-03-23$5.14$0.000.0%0.0%41.9%0.0%0.0%0.0%0.0%-295-3.7K-190.00187.06001520
2011-03-24$5.15$0.000.0%0.0%39.3%0.0%0.0%0.0%0.0%-295-3.7K-190.00187.06001520
2011-03-25$5.30$0.000.0%0.0%36.5%0.0%0.0%0.0%0.0%-266-4.6K-180.00185.12001520
2011-03-28$5.21$0.000.0%0.0%35.7%0.0%0.0%0.0%0.0%-289-4.1K-180.00186.17001520
2011-03-29$5.29$0.000.0%0.0%35.3%0.0%0.0%0.0%0.0%-273-4.6K-170.00185.17001520
2011-03-30$5.44$0.000.0%0.0%36.2%0.0%0.0%0.0%0.0%-241-5.4K-170.00184.53001520
2011-03-31$5.42$0.000.0%0.0%34.5%0.0%0.0%0.0%0.0%-246-5.3K-170.00184.35001520