GPK Options History — August 2013

In August 2013, GPK traded between $8.30 and $8.84. ATM implied volatility averaged 45.8%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 19.2% (HV 20d: 26.6%). 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 4 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-08-06: Highest Volume — 30 contracts
  • 2013-08-15: Largest IV drop — 76.8% change
  • 2013-08-14: Highest IV Rank — 49.8%
  • 2013-08-02: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.52$8.30$8.84$8.84$8.31
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV45.8%23.2%100.3%42.4%29.9%
Expected Move8.5%6.7%12.7%12.2%8.6%
HV 20d26.6%19.9%29.6%29.6%20.5%
HV 60d25.7%24.2%26.4%25.9%24.4%
IV Rank17.5%4.2%49.8%15.6%8.2%
IV Percentile54.0%8.3%96.8%56.0%37.3%
Term Structure-0.0%-17.6%154.2%-15.2%2.2%
VWIV32.9%28.7%36.3%28.7%35.8%
Skew 25d-0.7%-9.4%13.0%8.6%-9.1%
Skew 10d1.8%-11.0%27.3%9.2%-9.6%
Call IV 25d27.0%16.8%39.7%36.7%34.3%
Put IV 25d26.4%19.9%45.4%45.4%25.1%
Bid-Ask Spread %45.9914.57156.3636.4415.61
Gamma HHI0.630.580.720.710.60
Net GEX6.6K6.1K7.2K6.8K6.3K
Net DEX-225.1K-271.2K-194.9K-271.2K-194.9K
Net VEX-962-1.1K-797-1.1K-828
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.409030020
Total OI686679696681679

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-08-01$8.84$0.0042.4%12.2%29.6%15.6%0.0%8.6%-15.2%6.8K-271.2K-1.1K0.0036.440061467
2013-08-02$8.73$0.0044.2%12.7%27.7%16.6%0.0%1.6%-17.6%7.1K-259.3K-1.1K0.0043.000061467
2013-08-05$8.72$5.0058.0%8.3%27.6%24.8%28.7%2.0%-15.4%7.2K-255.2K-1.0K0.0063.1320061467
2013-08-06$8.65$5.0078.7%8.7%27.1%37.0%0.0%1.4%-16.9%7.1K-247.1K-1.1K0.00115.8603062767
2013-08-07$8.69$5.0061.7%7.0%27.0%26.9%0.0%9.3%-5.1%6.7K-249.7K-1.0K0.0016.650062767
2013-08-08$8.49$5.0050.2%7.9%27.7%20.2%36.3%-6.5%-6.5%6.8K-227.8K-1.1K0.0016.616062767
2013-08-09$8.50$5.0062.9%7.7%27.8%27.7%0.0%-4.3%-9.7%6.8K-233.8K-1.0K0.0029.430062267
2013-08-12$8.50$5.0066.8%6.7%27.7%30.0%0.0%-2.3%-2.8%6.4K-231.4K-9910.0015.337062267
2013-08-13$8.51$5.0088.4%7.2%27.3%42.8%0.0%13.0%-4.6%6.5K-233.7K-1.0K0.0047.293062667
2013-08-14$8.54$5.00100.3%8.0%27.4%49.8%0.0%-6.3%-3.8%6.8K-238.9K-1.0K0.0020.158062967
2013-08-15$8.30$5.0023.2%6.7%28.7%4.2%0.0%-9.4%4.8%6.1K-209.6K-9280.0014.5710062167
2013-08-16$8.46$5.0027.0%7.7%29.5%6.4%0.0%-3.6%-9.2%6.4K-219.8K-9880.0034.900062167
2013-08-19$8.40$5.0032.1%9.2%29.5%9.4%0.0%-1.5%-9.3%6.7K-199.5K-8580.0068.510062167
2013-08-20$8.45$5.0025.6%7.3%29.6%5.6%29.2%-3.4%1.3%6.1K-210.1K-9160.0027.192062167
2013-08-21$8.41$5.0031.5%9.0%29.0%9.1%0.0%-0.4%-9.2%6.8K-207.7K-9060.0034.370062067
2013-08-22$8.46$5.0031.2%8.9%27.1%8.9%0.0%-6.6%-8.8%6.5K-210.9K-8520.0030.9412062067
2013-08-23$8.56$5.0026.2%7.5%27.2%5.9%0.0%0.8%-2.7%6.4K-210.8K-8510.0026.670061267
2013-08-26$8.67$5.0030.9%8.9%22.2%8.7%34.3%1.8%154.2%6.8K-231.7K-8750.00152.281061267
2013-08-27$8.47$5.0032.2%9.2%22.7%9.5%0.0%-0.6%-9.9%6.4K-209.4K-8910.0029.020061267
2013-08-28$8.41$5.0028.5%8.2%22.3%7.3%0.0%-1.0%-2.8%6.1K-202.9K-8720.0017.520061267
2013-08-29$8.47$5.0035.4%10.1%19.9%11.4%0.0%1.4%-13.4%6.6K-197.0K-7970.00156.360061267
2013-08-30$8.31$5.0029.9%8.6%20.5%8.2%35.8%-9.1%2.2%6.3K-194.9K-8280.0015.6120061267