GPK Options History — August 2024

In August 2024, GPK traded between $27.94 and $29.74. ATM implied volatility averaged 30.9%, placing in the 29.5% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 1.6% (HV 20d: 29.3%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.59.

Notable Days

  • 2024-08-23: Highest Volume — 388 contracts
  • 2024-08-12: Largest IV spike — 116.5% change
  • 2024-08-12: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.75$27.94$29.74$29.48$29.73
Max Pain$25.45$25.00$30.00$30.00$25.00
ATM IV30.9%14.7%90.6%26.2%19.8%
Expected Move6.1%4.2%8.7%7.5%5.7%
HV 20d29.3%20.5%34.2%30.6%20.5%
HV 60d26.5%25.5%27.5%25.8%25.5%
IV Rank29.5%1.9%100.0%26.9%8.6%
IV Percentile41.3%0.8%100.0%56.0%10.3%
Term Structure2.2%-7.6%37.9%-2.8%-2.8%
VWIV22.9%17.0%31.5%26.4%19.8%
Skew 25d9.9%-6.7%64.4%64.4%-6.7%
Skew 10d7.1%-30.7%81.6%81.6%-12.8%
Call IV 25d24.5%18.5%34.0%34.0%29.2%
Put IV 25d34.4%21.7%98.5%98.5%22.5%
Bid-Ask Spread %87.8056.47110.15109.6476.41
Gamma HHI0.910.830.960.910.94
Net GEX272.2K138.5K471.3K238.0K450.5K
Net DEX-2.0M-3.0M-1.2M-2.9M-3.0M
Net VEX-8.6K-10.7K-6.7K-10.7K-9.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.0017.000.0017.00
Total Volume47.40903886736
Total OI2,761.9552,6752,9612,7052,961

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$29.48$30.0026.2%7.5%30.6%26.9%26.4%64.4%-2.8%238.0K-2.9M-10.7K0.00109.646702,180525
2024-08-02$29.02$30.0025.4%7.3%30.5%25.3%28.2%14.6%0.6%219.2K-2.4M-10.6K0.04104.104922,179525
2024-08-05$27.98$25.0043.6%8.7%34.2%62.8%29.4%14.2%-7.1%138.5K-1.8M-10.5K1.55107.1811172,228525
2024-08-06$28.41$25.0040.0%6.2%34.2%55.5%22.9%6.3%0.2%204.3K-1.9M-9.9K0.0090.502502,227512
2024-08-07$27.94$25.0043.3%5.7%32.5%62.2%22.7%4.7%3.5%176.2K-1.6M-8.9K0.0090.5710202,240511
2024-08-08$28.19$25.0042.0%6.1%32.0%59.5%20.7%7.2%-0.7%206.7K-1.6M-8.7K0.00102.313102,240511
2024-08-09$28.16$25.0035.2%6.4%30.8%45.4%22.9%4.3%-7.6%184.7K-1.5M-8.4K0.0098.80202,240511
2024-08-12$28.02$25.0076.1%5.7%30.7%100.0%19.2%7.0%3.2%205.2K-1.4M-8.1K0.0087.251102,242511
2024-08-13$28.06$25.0090.6%6.3%29.5%100.0%0.0%8.4%1.4%182.7K-1.3M-7.7K0.0096.69002,243511
2024-08-14$28.30$25.0019.6%5.6%29.6%8.3%22.2%7.1%-3.6%209.3K-1.7M-8.1K0.0084.83402,243511
2024-08-15$28.54$25.0019.7%5.6%29.7%8.4%31.5%7.1%37.9%238.1K-1.5M-7.6K0.0295.304312,244511
2024-08-16$28.48$25.0017.2%4.9%29.5%5.1%17.4%9.9%-0.0%244.4K-1.4M-7.3K0.57110.15742,242511
2024-08-19$28.39$25.0021.1%6.0%29.6%10.2%29.6%10.3%1.5%226.0K-1.3M-6.7K3.0074.49262,186489
2024-08-20$28.20$25.0022.3%6.4%29.6%11.7%0.0%10.6%9.8%200.5K-1.2M-6.9K0.0084.670512,189488
2024-08-21$28.56$25.0025.0%7.2%29.6%15.2%0.0%12.2%0.3%252.1K-1.5M-7.3K0.0093.38002,185539
2024-08-22$29.07$25.0014.7%4.2%30.1%1.9%17.0%7.0%3.3%344.6K-2.0M-8.2K0.0099.324202,180539
2024-08-23$29.63$25.0019.3%5.5%29.9%7.8%19.3%4.2%0.7%378.4K-2.9M-8.9K0.0080.6838802,198539
2024-08-26$29.61$25.0020.4%5.8%30.0%9.3%20.4%8.5%0.7%399.5K-3.0M-8.9K1.0065.48112,299539
2024-08-27$29.74$25.0017.9%5.1%26.3%6.0%22.8%27.2%6.5%471.3K-3.0M-8.8K0.0056.90052,300540
2024-08-28$29.45$25.0020.2%5.8%23.0%9.0%0.0%-5.4%-2.5%403.7K-2.7M-8.5K0.0066.56002,300535
2024-08-29$29.44$25.0020.3%5.8%21.1%9.1%20.3%-5.5%6.8%413.6K-2.7M-8.4K3.8256.47281072,299535
2024-08-30$29.73$25.0019.8%5.7%20.5%8.6%19.8%-6.7%-2.8%450.5K-3.0M-9.3K17.0076.412342,319642