GPK Options History — June 2011

In June 2011, GPK traded between $4.80 and $5.45. ATM implied volatility averaged 60.9%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 11.3% (HV 20d: 49.6%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2011-06-27: Highest Volume — 6 contracts
  • 2011-06-06: Largest IV spike — 30.3% change
  • 2011-06-06: Highest IV Rank — 31.9%
  • 2011-06-02: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.19$4.80$5.45$5.17$5.44
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV60.9%44.3%76.9%68.3%44.3%
Expected Move16.9%12.7%20.2%19.6%12.7%
HV 20d49.6%39.7%54.9%43.4%48.6%
HV 60d40.5%36.8%42.7%37.2%42.0%
IV Rank23.0%13.7%31.9%27.1%13.7%
IV Percentile21.8%9.7%36.6%26.0%9.7%
Term Structure-3.1%-18.3%17.7%-14.0%17.7%
VWIV54.8%54.8%54.8%54.8%54.8%
Bid-Ask Spread %135.97126.46185.26139.26128.17
Gamma HHI1.001.001.001.001.00
Net GEX2267658261117
Net DEX-8.5K-18.9K-277-14.0K-5.0K
Net VEX-12-26-1-26-12
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.8180606
Total OI42.8641707013

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2011-06-01$5.17$5.0068.3%19.6%43.4%27.1%0.0%0.0%-14.0%261-14.0K-260.00139.26005020
2011-06-02$5.16$5.0070.5%20.2%42.5%28.4%0.0%0.0%-18.3%262-13.8K-250.00145.81005020
2011-06-03$5.08$0.0059.0%0.0%39.7%21.9%0.0%0.0%0.0%658-13.9K-240.00185.26005020
2011-06-06$4.80$0.0076.9%16.0%41.5%31.9%0.0%0.0%-2.6%263-7.1K-210.00134.53005020
2011-06-07$5.14$0.0063.6%15.2%49.7%24.5%0.0%0.0%0.6%344-14.0K-210.00131.64005020
2011-06-08$5.15$0.0066.6%15.9%49.2%26.2%0.0%0.0%-1.7%343-14.2K-200.00129.22005020
2011-06-09$5.19$0.0058.1%16.7%49.4%21.4%0.0%0.0%-0.3%378-15.6K-190.00126.46005020
2011-06-10$5.14$0.0055.2%15.8%49.2%19.8%0.0%0.0%-3.1%363-14.1K-180.00134.91005020
2011-06-13$5.00$0.0056.5%16.2%46.1%20.5%0.0%0.0%-3.3%310-10.8K-150.00134.82005020
2011-06-14$5.31$0.0052.6%15.1%51.3%18.3%0.0%0.0%5.8%356-18.9K-110.00126.91005020
2011-06-15$5.10$0.0057.6%16.5%52.6%21.1%0.0%0.0%-5.8%386-13.2K-120.00136.81005020
2011-06-16$5.11$0.0058.5%16.8%52.4%21.6%0.0%0.0%-0.3%370-13.4K-100.00137.85005020
2011-06-17$5.03$0.0062.3%17.9%51.7%23.8%0.0%0.0%-5.8%387-11.4K-70.00139.68005020
2011-06-20$4.99$0.0063.7%18.3%51.4%24.6%0.0%0.0%4.5%7-277-10.00139.680010
2011-06-21$5.27$0.0060.0%17.2%54.9%22.4%0.0%0.0%-4.6%7-333-10.00132.150010
2011-06-22$5.27$0.0061.2%17.5%54.6%23.1%0.0%0.0%1.9%7-333-10.00132.150010
2011-06-23$5.28$0.0062.4%17.9%53.7%23.8%0.0%0.0%-9.1%8-333-10.00131.880010
2011-06-24$5.30$0.0063.5%18.2%53.7%24.5%0.0%0.0%-9.5%8-331-10.00131.880010
2011-06-27$5.34$0.0065.0%18.6%53.6%25.3%0.0%0.0%-8.1%8-348-10.00131.586010
2011-06-28$5.43$0.0062.3%17.9%53.2%23.8%0.0%0.0%-3.0%63-2.6K-60.00131.810070
2011-06-29$5.45$0.0051.9%14.9%48.6%17.9%54.8%0.0%-6.7%63-2.7K-60.00128.876070
2011-06-30$5.44$5.0044.3%12.7%48.6%13.7%0.0%0.0%17.7%117-5.0K-120.00128.1760130