GPK Options History — June 2012

In June 2012, GPK traded between $4.57 and $5.50. ATM implied volatility averaged 62.4%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 21.5% (HV 20d: 40.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-06-11: Highest Volume — 43 contracts
  • 2012-06-14: Largest IV drop — 63.6% change
  • 2012-06-13: Highest IV Rank — 56.3%
  • 2012-06-01: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.09$4.57$5.50$4.78$5.50
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV62.4%40.5%128.7%65.6%60.3%
Expected Move14.7%11.2%18.8%18.8%17.3%
HV 20d40.9%29.7%44.4%29.7%43.4%
HV 60d30.9%27.0%34.2%27.0%34.2%
IV Rank15.6%2.1%56.3%17.6%14.3%
IV Percentile37.9%2.0%89.6%55.2%40.0%
Term Structure-2.6%-21.7%16.7%-21.7%-8.3%
VWIV36.7%25.1%55.1%30.0%55.1%
Bid-Ask Spread %129.94114.19145.03145.03114.19
Gamma HHI0.760.550.850.550.76
Net GEX-115-27018463-198
Net DEX2.4K-3.6K5.9K-839-267
Net VEX-38-61-1-4-54
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.23804305
Total OI48.23813691369

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-06-01$4.78$5.0065.6%18.8%29.7%17.6%0.0%0.0%-21.7%63-839-40.00145.0300130
2012-06-04$4.57$0.0063.6%11.5%31.8%16.4%0.0%0.0%-3.3%40-342-10.00127.7700130
2012-06-05$4.75$0.0068.8%12.9%35.6%19.6%0.0%0.0%3.8%60-673-30.00131.8800130
2012-06-06$4.94$0.0064.7%14.5%37.4%17.0%0.0%0.0%-3.7%78-988-40.00137.4300130
2012-06-07$5.01$0.0063.4%14.5%37.8%16.3%0.0%0.0%-5.0%109-1.1K-40.00139.6800130
2012-06-08$5.07$0.0058.6%11.4%37.7%13.3%30.0%0.0%7.5%82-1.0K-20.00137.26100130
2012-06-11$4.92$5.0080.7%14.1%38.8%26.9%0.0%0.0%-1.5%184-3.6K-130.00124.49043230
2012-06-12$5.21$5.0079.0%11.2%44.2%25.8%25.1%0.0%16.3%-2094.7K-570.00123.80202343
2012-06-13$5.14$5.00128.7%16.7%44.4%56.3%0.0%0.0%-10.1%-1153.7K-610.00125.35302443
2012-06-14$5.15$5.0046.9%13.4%44.3%6.1%0.0%0.0%5.8%-1254.5K-580.00119.26002443
2012-06-15$5.16$5.0047.2%13.5%44.0%6.3%0.0%0.0%2.4%-1723.4K-570.00119.54002443
2012-06-18$5.19$5.0040.5%11.6%43.1%2.1%0.0%0.0%-0.2%-2244.7K-560.00126.89002143
2012-06-19$5.32$5.0043.9%12.6%42.3%4.2%0.0%0.0%16.7%-2463.5K-540.00119.20002143
2012-06-20$5.31$5.0059.5%17.0%42.3%13.8%0.0%0.0%-16.2%-2663.7K-550.00121.35002143
2012-06-21$5.11$5.0056.3%16.1%44.4%11.8%0.0%0.0%-9.4%-2245.6K-550.00137.55002143
2012-06-22$5.18$5.0054.4%15.6%44.0%10.7%0.0%0.0%-8.8%-2424.9K-550.00137.40002143
2012-06-25$5.09$5.0060.6%17.4%44.1%14.5%0.0%0.0%-12.1%-2335.9K-540.00137.55002143
2012-06-26$5.14$5.0059.0%16.9%44.0%13.5%0.0%0.0%-12.1%-2455.3K-530.00137.40002143
2012-06-27$5.20$5.0047.3%13.6%42.6%6.4%0.0%0.0%16.2%-2524.7K-530.00137.49002143
2012-06-28$5.23$5.0060.5%17.3%42.6%14.5%0.0%0.0%-11.9%-2704.5K-510.00128.23502143
2012-06-29$5.50$5.0060.3%17.3%43.4%14.3%55.1%0.0%-8.3%-198-267-540.00114.19502643