GPK Options History — June 2024

In June 2024, GPK traded between $26.24 and $28.12. ATM implied volatility averaged 33.0%, placing in the 40.9% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 8.3% (HV 20d: 24.7%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.99.

Notable Days

2024-06-24: Highest Volume — 90 contracts
2024-06-14: Largest IV spike — 155.8% change
2024-06-10: Highest IV Rank — 90.5%
2024-06-03: Largest Expected Move — 13.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.34	$26.24	$28.12	$27.80	$26.24
Max Pain	$23.03	$22.50	$25.00	$25.00	$22.50
ATM IV	33.0%	14.5%	57.0%	47.1%	42.3%
Expected Move	7.8%	4.2%	13.5%	13.5%	12.1%
HV 20d	24.7%	21.9%	26.4%	21.9%	25.4%
HV 60d	27.4%	26.9%	27.9%	27.6%	27.7%
IV Rank	40.9%	2.6%	90.5%	70.2%	60.1%
IV Percentile	61.2%	0.4%	99.6%	98.0%	93.7%
Term Structure	-3.0%	-28.7%	18.0%	-9.7%	-26.8%
VWIV	20.7%	14.7%	27.4%	27.4%	14.7%
Skew 25d	0.6%	-9.6%	8.0%	8.0%	-3.2%
Skew 10d	3.8%	-13.7%	40.2%	40.2%	15.1%
Call IV 25d	22.5%	14.4%	32.6%	26.6%	30.9%
Put IV 25d	23.2%	16.8%	34.6%	34.6%	27.7%
Bid-Ask Spread %	101.39	78.03	117.08	112.68	103.33
Gamma HHI	0.88	0.77	0.97	0.92	0.77
Net GEX	133.7K	79.6K	184.9K	177.8K	82.1K
Net DEX	-1.8M	-2.7M	-662.5K	-2.7M	-827.1K
Net VEX	-10.9K	-13.4K	-9.1K	-13.4K	-9.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.99	0.00	17.67	3.00	0.00
Total Volume	27.842	0	90	4	38
Total OI	2,903.842	2,167	3,178	3,163	2,375

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$27.80	$25.00	47.1%	13.5%	21.9%	70.2%	0.0%	8.0%	-9.7%	177.8K	-2.7M	-13.4K	3.00	112.68	1	3	2,650	513
2024-06-04	$27.70	$25.00	28.4%	8.1%	22.0%	31.3%	27.4%	-3.2%	-12.6%	151.8K	-2.5M	-12.8K	0.00	94.85	1	0	2,650	516
2024-06-05	$28.12	$25.00	20.0%	5.7%	22.2%	13.9%	0.0%	5.5%	-1.1%	182.0K	-2.5M	-12.1K	1.00	78.03	2	2	2,649	516
2024-06-06	$27.34	$22.50	36.2%	4.9%	24.3%	47.5%	0.0%	8.0%	9.5%	143.9K	-2.0M	-11.0K	0.00	117.08	8	0	2,651	516
2024-06-07	$27.31	$22.50	50.2%	5.3%	24.2%	76.6%	0.0%	3.7%	4.2%	158.9K	-2.1M	-11.9K	0.00	111.14	6	0	2,650	516
2024-06-10	$27.02	$22.50	57.0%	5.4%	24.5%	90.5%	0.0%	3.0%	5.1%	144.1K	-1.8M	-10.9K	0.25	112.76	4	1	2,655	516
2024-06-11	$27.64	$22.50	35.4%	5.2%	25.8%	45.8%	0.0%	-0.3%	8.3%	149.7K	-2.2M	-11.2K	0.00	110.08	15	0	2,656	516
2024-06-12	$27.96	$22.50	16.6%	4.8%	25.7%	7.0%	18.0%	5.0%	8.2%	184.9K	-2.5M	-12.0K	0.00	101.16	72	0	2,656	516
2024-06-13	$27.59	$22.50	14.5%	4.2%	25.8%	2.6%	0.0%	-0.9%	10.9%	168.9K	-2.2M	-10.9K	0.00	93.87	0	0	2,662	516
2024-06-14	$27.26	$22.50	37.0%	10.6%	26.1%	49.3%	0.0%	-2.0%	-28.7%	123.5K	-1.5M	-10.5K	0.65	111.15	37	24	2,495	516
2024-06-17	$27.54	$22.50	21.3%	6.1%	26.4%	16.8%	16.5%	-9.6%	-0.8%	156.1K	-1.7M	-10.6K	3.33	112.70	3	10	2,510	540
2024-06-18	$27.55	$25.00	17.9%	5.1%	24.3%	9.8%	26.9%	2.6%	6.3%	130.1K	-1.9M	-11.3K	10.00	107.14	1	10	2,510	550
2024-06-20	$27.38	$22.50	42.4%	12.2%	23.7%	60.4%	14.7%	4.2%	-27.8%	99.3K	-1.7M	-10.0K	0.00	102.30	35	0	2,509	540
2024-06-21	$27.01	$22.50	43.6%	12.5%	24.1%	62.8%	0.0%	-1.4%	-14.5%	95.9K	-1.5M	-10.0K	0.00	112.20	44	0	2,528	540
2024-06-24	$27.69	$22.50	18.9%	5.4%	25.5%	11.8%	0.0%	-4.1%	6.2%	118.7K	-1.2M	-9.9K	0.00	92.21	90	0	1,734	433
2024-06-25	$27.20	$22.50	25.9%	7.4%	25.5%	26.3%	0.0%	-2.9%	11.4%	98.8K	-1.1M	-9.8K	0.00	79.33	62	0	1,818	433
2024-06-26	$26.79	$22.50	46.8%	13.4%	25.7%	69.6%	0.0%	-5.3%	-22.9%	93.9K	-868.1K	-9.6K	0.00	78.75	4	0	1,876	433
2024-06-27	$26.30	$22.50	24.8%	7.1%	25.7%	23.9%	0.0%	5.0%	18.0%	79.6K	-662.5K	-9.1K	17.67	95.58	3	53	1,880	433
2024-06-28	$26.24	$22.50	42.3%	12.1%	25.4%	60.1%	0.0%	-3.2%	-26.8%	82.1K	-827.1K	-9.7K	0.00	103.33	38	0	1,889	486