GPK Options History — June 2022

In June 2022, GPK traded between $19.22 and $22.85. ATM implied volatility averaged 33.1%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 3.9% (HV 20d: 37.0%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 2.40.

Notable Days

  • 2022-06-09: Highest Volume — 5,058 contracts
  • 2022-06-27: Largest IV spike — 29.5% change
  • 2022-06-27: Highest IV Rank — 48.2%
  • 2022-06-27: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.00$19.22$22.85$22.46$20.54
Max Pain$20.71$20.00$22.50$22.50$20.00
ATM IV33.1%28.2%41.9%29.1%35.0%
Expected Move9.5%8.0%12.0%8.3%10.0%
HV 20d37.0%30.2%43.4%32.5%41.5%
HV 60d30.7%27.1%34.6%28.1%34.6%
IV Rank30.5%20.5%48.2%22.4%34.2%
IV Percentile75.0%52.4%95.2%59.9%82.9%
Term Structure-0.4%-13.7%2.2%-1.1%0.6%
VWIV34.7%28.0%42.0%31.0%34.0%
Skew 25d5.6%-5.2%33.3%9.0%6.3%
Skew 10d3.5%-15.7%43.1%14.4%6.8%
Call IV 25d31.8%24.8%40.3%26.1%27.2%
Put IV 25d37.3%31.4%63.3%35.2%33.5%
Bid-Ask Spread %70.9637.97104.1168.0084.92
Gamma HHI0.390.320.550.520.33
Net GEX65.0K30.3K95.0K41.5K81.9K
Net DEX-1.3M-3.6M1.6M-2.9M-960.4K
Net VEX-15.7K-21.0K-8.9K-9.6K-19.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.400.098.360.678.30
Total Volume1,758.4762225,0582811,004
Total OI5,419.6194,3446,3035,3664,902

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-06-01$22.46$22.5029.1%8.3%32.5%22.4%31.0%9.0%-1.1%41.5K-2.9M-9.6K0.6768.001681133,5111,855
2022-06-02$22.85$20.0029.2%8.0%32.4%22.5%28.0%4.9%0.7%64.8K-3.4M-9.3K0.1662.54191313,5171,855
2022-06-03$22.41$20.0028.2%8.3%32.6%20.5%29.5%2.5%1.7%40.2K-2.9M-8.9K0.0983.14387333,5221,862
2022-06-06$22.67$20.0030.1%8.1%32.1%24.4%29.4%4.3%2.2%57.6K-3.6M-10.3K0.1049.42405403,8031,859
2022-06-07$22.73$22.5029.6%8.2%30.2%23.4%30.4%3.8%1.6%54.0K-3.6M-10.1K0.1356.15376493,7861,864
2022-06-08$22.27$22.5029.2%8.4%31.1%22.6%30.2%4.0%1.3%36.0K-2.8M-9.9K0.1337.97376493,7861,875
2022-06-09$22.25$20.0030.2%8.7%30.8%24.6%37.7%33.3%-0.4%36.8K-2.9M-9.8K1.62104.111,9323,1263,7861,875
2022-06-10$21.51$20.0030.9%8.9%33.3%26.0%31.8%1.5%-0.4%95.0K-1.8M-21.0K1.1764.922,0242,3773,9432,184
2022-06-13$20.43$20.0038.2%11.0%38.3%40.8%39.6%0.8%-2.8%81.5K-290.0K-19.3K0.9771.911,6151,5703,9432,183
2022-06-14$20.42$20.0037.5%10.7%37.8%39.3%37.3%4.0%-1.6%82.1K-383.8K-19.2K0.9566.051,6561,5723,9332,183
2022-06-15$20.58$22.5036.8%10.5%35.9%37.9%37.3%5.2%-2.5%89.5K-959.9K-19.8K0.9580.031,6571,5813,9982,183
2022-06-16$19.29$22.5036.6%10.5%40.0%37.4%42.0%4.0%-0.8%67.5K1.2M-16.4K0.9672.921,6991,6314,0642,178
2022-06-17$19.22$22.5035.4%10.2%40.0%35.2%41.4%3.4%0.7%30.3K1.6M-15.8K0.8755.841,8671,6254,0752,228
2022-06-21$19.55$20.0032.1%9.2%40.5%28.5%37.3%4.6%0.4%45.7K344.6K-16.4K2.0788.674018312,7481,596
2022-06-22$19.42$20.0032.2%9.2%40.1%28.7%37.0%10.2%1.2%55.8K224.6K-16.5K1.8774.694518443,0201,596
2022-06-23$19.75$20.0032.2%9.2%40.7%28.7%35.1%12.1%1.1%64.0K62.0K-17.0K2.0578.014178533,0901,620
2022-06-24$20.62$20.0032.4%9.3%43.4%28.9%38.8%5.8%1.3%80.1K-867.0K-20.0K3.4381.912498543,1211,620
2022-06-27$20.99$20.0041.9%12.0%42.4%48.2%36.0%2.9%-13.7%90.1K-1.4M-20.7K8.0768.801068553,2441,631
2022-06-28$20.37$20.0034.1%9.8%40.9%32.5%30.4%-5.2%0.4%82.0K-714.8K-19.5K7.4060.991148443,2391,632
2022-06-29$20.74$20.0035.1%10.1%41.6%34.4%33.8%-0.4%1.6%87.6K-1.1M-20.3K8.3679.211028533,2651,637
2022-06-30$20.54$20.0035.0%10.0%41.5%34.2%34.0%6.3%0.6%81.9K-960.4K-19.9K8.3084.921088963,2651,637