GPK Options History — October 2013

In October 2013, GPK traded between $8.23 and $8.76. ATM implied volatility averaged 45.4%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 23.3% (HV 20d: 22.1%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2013-10-03: Highest Volume — 50 contracts
2013-10-03: Largest IV spike — 122.5% change
2013-10-03: Highest IV Rank — 48.7%
2013-10-03: Largest Expected Move — 28.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.53	$8.23	$8.76	$8.65	$8.40
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	45.4%	27.6%	98.4%	48.9%	27.6%
Expected Move	11.9%	7.8%	28.2%	14.0%	14.7%
HV 20d	22.1%	18.4%	25.0%	18.9%	21.1%
HV 60d	22.3%	20.1%	24.1%	22.5%	20.8%
IV Rank	17.3%	6.8%	48.7%	19.4%	6.8%
IV Percentile	65.3%	27.4%	97.6%	74.2%	27.4%
Term Structure	-18.7%	-135.9%	-3.4%	-7.7%	-25.0%
Skew 25d	0.5%	-26.7%	13.7%	-0.2%	-6.6%
Skew 10d	6.7%	-9.6%	27.7%	1.3%	5.6%
Call IV 25d	35.4%	25.8%	60.7%	41.4%	30.3%
Put IV 25d	35.9%	23.0%	55.6%	41.2%	23.8%
Bid-Ask Spread %	69.36	12.82	162.28	39.67	162.28
Gamma HHI	0.73	0.62	0.79	0.79	0.66
Net GEX	7.2K	5.7K	9.2K	7.3K	6.8K
Net DEX	-154.1K	-189.0K	-98.0K	-146.0K	-149.1K
Net VEX	-798	-903	-614	-806	-753
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	4.087	0	50	3	0
Total OI	678.435	620	736	656	630

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Put Vol	Call OI	Put OI
2013-10-01	$8.65	$10.00	48.9%	14.0%	18.9%	19.4%	0.0%	-0.2%	-7.7%	7.3K	-146.0K	-806	39.67	3	0	611	45
2013-10-02	$8.45	$10.00	44.2%	12.7%	20.4%	16.6%	0.0%	-2.9%	-25.8%	6.5K	-139.4K	-859	16.32	0	0	611	45
2013-10-03	$8.32	$10.00	98.4%	28.2%	21.1%	48.7%	0.0%	-26.7%	-135.9%	6.9K	-134.1K	-829	86.94	50	0	611	45
2013-10-04	$8.30	$0.00	62.7%	7.8%	20.7%	27.5%	0.0%	1.7%	-4.8%	7.1K	-123.4K	-827	52.38	0	0	661	45
2013-10-07	$8.23	$0.00	52.8%	8.0%	19.4%	21.7%	0.0%	-1.2%	-5.9%	6.0K	-115.6K	-763	69.75	14	0	661	45
2013-10-08	$8.23	$0.00	65.0%	10.8%	18.7%	28.9%	0.0%	0.5%	-7.9%	5.7K	-98.0K	-614	146.80	0	0	675	45
2013-10-09	$8.23	$0.00	60.4%	12.7%	18.4%	26.2%	0.0%	-3.4%	-38.7%	6.4K	-127.8K	-824	77.36	2	0	675	45
2013-10-10	$8.39	$0.00	28.2%	8.1%	19.9%	7.1%	0.0%	1.5%	-3.6%	6.3K	-124.3K	-737	48.51	0	0	677	45
2013-10-11	$8.65	$0.00	33.1%	9.5%	22.8%	10.1%	0.0%	13.1%	-5.3%	7.4K	-159.7K	-807	39.40	14	0	677	45
2013-10-14	$8.72	$0.00	40.1%	11.5%	23.0%	14.2%	0.0%	9.0%	-12.5%	9.2K	-189.0K	-903	115.87	0	0	691	45
2013-10-15	$8.56	$0.00	35.3%	10.1%	23.9%	11.4%	0.0%	-6.6%	-8.1%	7.8K	-163.0K	-835	101.39	0	0	691	45
2013-10-16	$8.59	$0.00	32.1%	9.2%	23.4%	9.4%	0.0%	3.6%	-5.6%	7.0K	-170.4K	-851	40.09	0	0	691	45
2013-10-17	$8.76	$0.00	28.4%	8.2%	24.5%	7.3%	0.0%	2.0%	-6.3%	7.7K	-176.7K	-810	17.61	0	0	691	45
2013-10-18	$8.75	$0.00	36.7%	10.5%	24.5%	12.2%	0.0%	0.9%	-11.5%	7.7K	-181.1K	-837	17.63	0	1	691	45
2013-10-21	$8.62	$0.00	36.1%	10.3%	25.0%	11.8%	0.0%	-0.9%	-11.9%	7.6K	-172.9K	-815	19.13	10	0	576	44
2013-10-22	$8.70	$0.00	46.5%	13.3%	25.0%	17.9%	0.0%	1.8%	-17.1%	7.6K	-176.8K	-833	113.38	0	0	586	44
2013-10-23	$8.61	$0.00	33.9%	9.7%	24.4%	10.5%	0.0%	-0.5%	-3.4%	7.7K	-178.1K	-839	15.08	0	0	586	44
2013-10-24	$8.66	$0.00	43.0%	12.3%	23.5%	15.9%	0.0%	2.8%	-9.4%	7.9K	-146.6K	-626	110.81	0	0	586	44
2013-10-25	$8.68	$0.00	37.8%	10.8%	23.5%	12.8%	0.0%	-0.4%	-13.0%	7.5K	-188.5K	-846	12.82	0	0	586	44
2013-10-28	$8.66	$0.00	45.4%	13.0%	21.7%	17.3%	0.0%	4.3%	-24.3%	7.8K	-173.9K	-789	21.93	0	0	586	44
2013-10-29	$8.58	$0.00	55.2%	15.8%	21.6%	23.1%	0.0%	6.5%	-27.5%	7.4K	-164.3K	-777	116.00	0	0	586	44
2013-10-30	$8.37	$0.00	51.4%	14.7%	21.8%	20.9%	0.0%	13.7%	-25.0%	6.9K	-144.6K	-776	154.06	0	0	586	44
2013-10-31	$8.40	$0.00	27.6%	0.0%	21.1%	6.8%	0.0%	-6.6%	0.0%	6.8K	-149.1K	-753	162.28	0	0	586	44