GPK Options History — January 2012

In January 2012, GPK traded between $4.49 and $5.10. ATM implied volatility averaged 54.8%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded above realized volatility by 11.3% (HV 20d: 43.5%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-01-10: Highest Volume — 197 contracts
  • 2012-01-30: Largest IV spike — 43.7% change
  • 2012-01-11: Highest IV Rank — 28.3%
  • 2012-01-05: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.81$4.49$5.10$4.49$5.01
ATM IV54.8%40.3%70.8%60.4%59.4%
Expected Move15.3%11.5%17.9%17.3%17.0%
HV 20d43.5%36.8%52.8%52.7%38.2%
HV 60d60.9%53.1%65.3%65.3%53.1%
IV Rank19.4%11.4%28.3%22.5%22.0%
IV Percentile22.6%3.9%46.8%29.9%34.2%
Term Structure12.6%-32.4%58.4%20.9%3.2%
VWIV183.2%183.2%183.2%183.2%183.2%
Bid-Ask Spread %146.00121.28197.36121.28145.98
Gamma HHI1.001.001.001.001.00
Net GEX1.4K4443.0K5401.6K
Net DEX-30.8K-46.9K-10.5K-10.5K-42.7K
Net VEX-98-128-47-47-112
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume11.6019710
Total OI130.56716067159

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-01-03$4.49$0.0060.4%17.3%52.7%22.5%183.2%0.0%20.9%540-10.5K-470.00121.2810670
2012-01-04$4.54$0.0059.5%17.1%52.7%22.1%0.0%0.0%20.8%574-11.0K-470.00121.6500670
2012-01-05$4.61$0.0062.4%17.9%52.8%23.6%0.0%0.0%13.8%444-14.0K-510.00135.1100670
2012-01-06$4.62$0.0061.1%16.1%51.6%23.0%0.0%0.0%-31.7%642-11.9K-490.00130.3700670
2012-01-09$4.68$0.0065.3%16.7%48.2%25.2%0.0%0.0%-32.4%689-12.7K-490.00133.3000670
2012-01-10$4.77$0.0065.1%16.8%42.6%25.1%0.0%0.0%-4.3%511-15.5K-530.00135.551970670
2012-01-11$4.62$0.0070.8%17.1%39.6%28.3%0.0%0.0%-5.6%1.2K-33.3K-1210.00133.07001600
2012-01-12$4.88$0.0057.9%16.6%42.7%21.2%0.0%0.0%-1.6%1.4K-38.5K-1280.00138.301001600
2012-01-13$4.67$0.0044.1%12.7%45.4%13.5%0.0%0.0%20.8%1.4K-31.7K-1190.00134.99001600
2012-01-17$4.73$0.0051.5%14.8%43.4%17.6%0.0%0.0%15.9%1.3K-34.7K-1190.00135.34001600
2012-01-18$4.85$0.0050.1%14.4%43.0%16.8%0.0%0.0%17.6%1.4K-36.4K-1200.00138.03301600
2012-01-19$4.84$0.0050.9%14.6%40.0%17.3%0.0%0.0%19.3%1.3K-37.4K-1210.00141.78001570
2012-01-20$4.84$0.0051.8%14.9%40.0%17.8%0.0%0.0%14.0%1.5K-35.9K-1200.00142.16001570
2012-01-23$4.84$0.0052.3%15.0%39.9%18.0%0.0%0.0%14.6%1.4K-36.5K-1170.00146.12001570
2012-01-24$5.01$0.0048.0%13.8%40.6%15.6%0.0%0.0%22.8%1.5K-41.3K-1180.00145.981601570
2012-01-25$5.00$0.0044.1%12.6%40.6%13.5%0.0%0.0%58.0%2.9K-40.2K-1160.00197.36001540
2012-01-26$5.04$0.0042.8%12.3%40.3%12.7%0.0%0.0%58.4%2.9K-42.8K-1160.00197.36001540
2012-01-27$5.10$0.0040.3%11.5%36.8%11.4%0.0%0.0%23.9%3.0K-46.9K-1140.00197.36501540
2012-01-30$4.99$0.0057.9%16.6%38.1%21.1%0.0%0.0%3.1%1.7K-42.4K-1140.00148.91001590
2012-01-31$5.01$0.0059.4%17.0%38.2%22.0%0.0%0.0%3.2%1.6K-42.7K-1120.00145.98001590