GPK Options History — August 2017

In August 2017, GPK traded between $12.71 and $13.78. ATM implied volatility averaged 23.1%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 5.3% (HV 20d: 17.8%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 0.84.

Notable Days

  • 2017-08-04: Highest Volume — 3,237 contracts
  • 2017-08-17: Largest IV spike — 50.1% change
  • 2017-08-18: Highest IV Rank — 17.9%
  • 2017-08-18: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.20$12.71$13.78$13.22$13.05
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV23.1%16.6%27.3%22.9%27.1%
Expected Move6.8%4.8%7.8%6.6%7.8%
HV 20d17.8%13.1%23.6%13.1%23.6%
HV 60d17.5%15.3%18.3%17.9%18.3%
IV Rank12.3%3.6%17.9%12.0%17.7%
IV Percentile20.5%2.8%52.0%9.9%52.0%
Term Structure0.9%-9.2%6.7%4.0%-2.0%
VWIV23.0%17.0%28.3%25.9%27.4%
Skew 25d1.4%-28.4%6.6%6.6%2.6%
Skew 10d5.9%-36.7%13.3%6.2%10.6%
Call IV 25d22.8%16.7%56.0%20.6%25.2%
Put IV 25d24.1%14.9%28.1%27.2%27.8%
Bid-Ask Spread %15.276.6289.656.6215.89
Gamma HHI0.550.500.690.590.50
Net GEX130.9K56.2K162.8K68.7K155.1K
Net DEX-1.8M-2.7M-1.1M-1.2M-1.8M
Net VEX-7.2K-10.4K-3.2K-3.3K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.031.991.291.03
Total Volume657.0871813,237181241
Total OI5,694.6962,6837,0612,6837,061

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$13.22$12.5022.9%6.6%13.1%12.0%25.9%6.6%4.0%68.7K-1.2M-3.3K1.296.62791022,282401
2017-08-02$13.17$12.5022.6%6.5%13.1%11.6%25.5%5.1%3.8%68.8K-1.2M-3.3K0.956.811071022,286401
2017-08-03$13.10$12.5025.3%6.5%13.1%15.1%22.1%6.0%1.0%70.2K-1.1M-3.3K0.957.661071022,318401
2017-08-04$13.18$12.5022.1%7.5%13.2%10.9%28.3%-2.3%-0.8%56.2K-1.1M-3.2K0.0389.653,1371002,318401
2017-08-07$13.25$12.5017.8%7.2%13.5%5.2%20.1%5.5%-0.3%125.9K-1.9M-7.8K0.1210.458551005,120401
2017-08-08$13.18$12.5018.3%6.7%13.5%5.8%23.4%6.0%0.5%125.2K-2.0M-8.8K0.1111.68880955,119401
2017-08-09$13.16$12.5024.2%6.9%13.4%13.8%20.7%4.4%0.3%124.2K-1.8M-7.5K0.0812.44880725,137411
2017-08-10$13.18$12.5024.6%7.0%13.3%14.2%21.9%4.4%0.2%124.2K-1.9M-7.8K0.0813.04888725,137412
2017-08-11$13.24$12.5025.8%7.4%13.6%15.9%22.1%5.5%0.6%123.8K-1.9M-8.0K0.0911.86888805,137412
2017-08-14$13.62$12.5024.0%6.9%17.4%13.5%25.6%2.2%6.7%143.4K-2.3M-9.1K0.2917.444241215,137422
2017-08-15$13.64$12.5021.5%6.2%17.4%10.2%17.0%-4.6%-3.0%140.7K-2.4M-9.0K0.277.254481215,262468
2017-08-16$13.78$12.5016.6%4.8%17.8%3.6%17.2%-0.8%6.5%131.1K-2.7M-8.7K0.359.833451225,262468
2017-08-17$13.63$12.5025.0%7.2%18.2%14.8%18.7%-6.3%-9.2%149.8K-2.4M-8.9K0.0910.501,3251225,262469
2017-08-18$13.48$12.5027.3%7.8%18.6%17.9%27.0%6.2%-0.8%162.8K-2.5M-10.4K0.2414.458792126,197469
2017-08-21$12.93$12.5023.6%6.8%23.5%12.9%23.6%4.4%1.1%149.4K-1.6M-7.5K1.6212.531031676,504468
2017-08-22$13.11$12.5023.6%6.8%22.0%13.0%23.6%3.8%1.5%156.9K-1.9M-8.6K1.5415.191031596,509470
2017-08-23$13.05$12.5022.9%6.6%21.3%12.1%23.0%3.0%2.6%154.3K-1.8M-8.0K1.6014.761041666,509479
2017-08-24$12.99$12.5024.3%7.0%21.1%13.9%24.3%2.8%0.2%153.7K-1.7M-8.0K1.558.951041616,513480
2017-08-25$13.09$12.5020.6%5.9%21.1%8.9%20.6%3.5%6.3%162.4K-1.8M-7.9K1.5916.781011616,513483
2017-08-28$12.82$12.5024.2%6.9%22.3%13.8%24.2%2.4%0.3%152.4K-1.4M-6.4K1.8913.251011916,513483
2017-08-29$12.71$12.5023.2%6.6%22.4%12.4%23.1%-28.4%0.7%153.1K-1.2M-6.2K1.998.461012016,513523
2017-08-30$12.95$12.5023.6%6.8%23.5%13.0%23.8%-0.4%0.6%158.4K-1.6M-7.2K1.5915.65711136,513533
2017-08-31$13.05$12.5027.1%7.8%23.6%17.7%27.4%2.6%-2.0%155.1K-1.8M-7.3K1.0315.891191226,515546