GPK Options History — February 2012

In February 2012, GPK traded between $5.05 and $5.50. ATM implied volatility averaged 62.3%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 35.0% (HV 20d: 27.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-02-23: Highest Volume — 5 contracts
  • 2012-02-29: Largest IV spike — 38.8% change
  • 2012-02-06: Highest IV Rank — 34.6%
  • 2012-02-08: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.23$5.05$5.50$5.05$5.28
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV62.3%37.7%82.1%69.5%69.7%
Expected Move16.9%10.8%21.4%19.9%20.0%
HV 20d27.3%18.7%34.5%34.4%28.0%
HV 60d46.4%39.2%52.5%52.5%39.2%
IV Rank23.6%9.9%34.6%27.6%27.7%
IV Percentile38.5%3.0%61.0%50.2%56.7%
Term Structure-6.9%-21.3%19.8%-12.0%-19.2%
VWIV56.2%35.3%71.8%71.8%61.4%
Bid-Ask Spread %133.48118.15183.01145.98128.81
Gamma HHI0.990.961.001.000.96
Net GEX1.9K1.5K3.5K1.5K2.1K
Net DEX-54.5K-76.8K-45.1K-45.1K-57.6K
Net VEX-91-112-58-112-79
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.050500
Total OI161.2159172159169

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-02-01$5.05$0.0069.5%19.9%34.4%27.6%0.0%0.0%-12.0%1.5K-45.1K-1120.00145.98001590
2012-02-02$5.09$0.0071.2%20.4%34.3%28.6%0.0%0.0%-17.6%1.6K-46.6K-1110.00145.98001590
2012-02-03$5.12$5.0073.3%15.6%34.1%29.7%0.0%0.0%-1.2%1.7K-47.8K-1090.00132.29001590
2012-02-06$5.10$5.0082.1%16.2%34.3%34.6%0.0%0.0%-4.4%1.7K-47.0K-1050.00134.61001590
2012-02-07$5.05$5.0079.1%17.3%34.5%32.9%0.0%0.0%-13.5%1.5K-45.1K-1040.00131.26001590
2012-02-08$5.08$5.0074.6%21.4%34.1%30.4%0.0%0.0%0.0%3.5K-47.5K-1030.00183.01001590
2012-02-09$5.15$5.0058.3%16.7%31.6%21.4%0.0%0.0%-5.1%1.7K-49.1K-1020.00134.46001590
2012-02-10$5.09$5.0043.5%12.5%26.2%13.2%0.0%0.0%19.8%2.3K-46.9K-1000.00132.55001590
2012-02-13$5.10$5.0060.0%17.2%19.7%22.3%0.0%0.0%-9.8%1.8K-47.0K-960.00134.46001590
2012-02-14$5.17$5.0060.4%17.3%19.8%22.5%0.0%0.0%-6.4%1.8K-50.1K-950.00134.17001590
2012-02-15$5.25$5.0058.4%16.7%18.7%21.4%0.0%0.0%-5.8%1.8K-53.8K-920.00131.65001590
2012-02-16$5.43$5.0059.3%17.0%21.3%21.9%0.0%0.0%-4.4%1.7K-62.0K-860.00127.60001590
2012-02-17$5.39$5.0060.9%17.5%21.7%22.8%0.0%0.0%-8.2%1.8K-60.1K-840.00123.34001590
2012-02-21$5.28$5.0062.2%17.8%23.6%23.6%0.0%0.0%-6.0%1.9K-55.5K-810.00131.97001590
2012-02-22$5.24$5.0067.7%19.4%21.0%26.6%71.8%0.0%-21.3%1.7K-53.0K-810.00125.86301590
2012-02-23$5.50$5.0056.3%16.1%26.6%20.3%0.0%0.0%3.1%2.0K-69.5K-650.00124.79501620
2012-02-24$5.39$5.0051.8%14.9%28.0%17.8%0.0%0.0%-14.2%2.3K-66.0K-740.00127.08501670
2012-02-27$5.44$5.0037.7%10.8%27.9%9.9%35.3%0.0%9.1%2.5K-76.8K-580.00121.50301720
2012-02-28$5.38$5.0050.2%14.4%26.8%16.9%61.4%0.0%-13.9%2.2K-63.9K-770.00118.15501690
2012-02-29$5.28$5.0069.7%20.0%28.0%27.7%0.0%0.0%-19.2%2.1K-57.6K-790.00128.81001690