GPK Options History — October 2024

In October 2024, GPK traded between $28.38 and $30.31. ATM implied volatility averaged 29.5%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 5.6% (HV 20d: 23.9%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 2.58.

Notable Days

  • 2024-10-28: Highest Volume — 626 contracts
  • 2024-10-29: Largest IV drop — 56.9% change
  • 2024-10-28: Highest IV Rank — 35.4%
  • 2024-10-28: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.26$28.38$30.31$29.73$28.45
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV29.5%17.8%41.4%24.2%21.1%
Expected Move8.3%5.1%11.9%6.9%6.1%
HV 20d23.9%18.2%27.1%23.5%25.2%
HV 60d23.9%21.2%25.9%25.5%22.3%
IV Rank19.7%4.4%35.4%12.8%8.7%
IV Percentile61.1%3.6%86.1%42.1%15.5%
Term Structure-0.8%-10.6%14.5%14.5%14.5%
VWIV30.7%19.1%44.6%30.5%25.9%
Skew 25d5.3%-8.2%22.5%-0.1%7.1%
Skew 10d6.7%-21.8%37.2%-3.2%9.4%
Call IV 25d32.1%23.2%39.2%33.6%29.1%
Put IV 25d37.4%25.7%53.6%33.5%36.2%
Bid-Ask Spread %108.4988.60126.32113.90116.98
Gamma HHI0.410.350.550.490.42
Net GEX62.9K32.8K133.8K49.6K75.8K
Net DEX-918.4K-1.5M-416.0K-746.6K-1.5M
Net VEX-9.0K-15.8K-6.1K-6.1K-15.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.580.0025.000.000.00
Total Volume90.39106262373
Total OI2,002.4781,3943,0591,3943,048

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$29.73$30.0024.2%6.9%23.5%12.8%0.0%-0.1%14.5%49.6K-746.6K-6.1K0.00113.902370787607
2024-10-02$29.13$30.0025.4%7.3%24.2%14.4%0.0%-7.1%12.2%54.0K-721.7K-7.2K0.00120.391101,019607
2024-10-03$28.44$30.0027.6%7.6%25.7%17.2%30.5%-2.7%-10.0%38.9K-568.7K-7.5K0.00117.757601,023607
2024-10-04$28.81$30.0028.2%6.9%26.0%18.0%24.9%6.6%-5.1%45.8K-651.2K-7.6K25.00119.731251,088607
2024-10-07$28.52$30.0032.7%8.1%26.0%24.0%0.0%5.6%-10.1%32.8K-416.0K-7.1K0.1199.856271,090632
2024-10-08$28.64$30.0027.5%8.2%26.1%17.1%28.6%3.0%-2.6%48.3K-584.4K-7.7K0.0095.014101,146636
2024-10-09$28.68$30.0028.5%8.2%25.8%18.4%0.0%4.5%-3.1%43.3K-674.1K-7.8K23.00113.723691,142636
2024-10-10$28.51$30.0030.5%8.7%25.1%21.0%30.9%-5.3%-8.1%47.4K-583.8K-7.9K2.33126.32371,144703
2024-10-11$29.06$30.0025.8%7.4%25.8%14.8%27.4%-8.2%0.9%52.7K-638.7K-7.6K1.62105.7734551,144701
2024-10-14$29.55$30.0029.6%8.5%25.4%19.9%0.0%0.9%-5.5%79.8K-886.0K-8.2K0.20114.4750101,175756
2024-10-15$29.41$30.0027.8%8.0%24.9%17.4%32.7%-2.4%-6.1%82.6K-905.9K-8.4K0.86114.9428241,230756
2024-10-16$29.63$30.0036.1%10.4%25.0%28.4%0.0%15.1%-10.6%91.0K-923.7K-8.4K0.14104.47711,232780
2024-10-17$29.80$30.0026.7%7.6%24.0%16.0%28.1%1.3%2.1%88.9K-1.0M-8.3K0.14111.921421,232781
2024-10-18$30.09$30.0038.8%11.1%24.2%32.0%38.8%3.7%14.1%133.8K-1.0M-9.0K0.00102.6520201,243782
2024-10-21$29.99$30.0033.5%9.6%20.7%25.0%33.5%2.0%-6.1%53.8K-1.0M-8.3K0.25105.301231,186771
2024-10-22$29.59$30.0032.4%9.3%21.4%23.6%32.4%18.6%-5.0%52.9K-957.0K-8.7K0.0096.561001,198772
2024-10-23$29.76$30.0032.8%9.4%20.3%24.1%0.0%10.7%-5.2%56.1K-1.1M-8.8K0.0096.392601,204772
2024-10-24$30.02$30.0033.2%9.5%18.2%24.6%0.0%22.5%-5.7%58.6K-1.1M-8.5K0.00101.90001,214772
2024-10-25$29.76$30.0033.1%9.5%18.4%24.4%33.1%20.4%-4.9%55.7K-1.0M-8.8K0.00103.39401,214772
2024-10-28$30.31$30.0041.4%11.9%19.5%35.4%44.6%9.4%-8.6%58.6K-1.2M-8.2K0.1988.60528981,216772
2024-10-29$28.77$30.0017.8%5.1%27.1%4.4%19.1%2.7%11.5%61.9K-1.4M-14.3K0.29109.69318931,942859
2024-10-30$28.38$30.0023.1%6.6%26.6%11.3%25.9%13.5%8.3%83.5K-1.5M-15.8K0.00115.560152,237822
2024-10-31$28.45$30.0021.1%6.1%25.2%8.7%0.0%7.1%14.5%75.8K-1.5M-15.8K0.00116.98302,237811