GPK Options History — December 2024

In December 2024, GPK traded between $26.91 and $30.29. ATM implied volatility averaged 25.0%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 7.3% (HV 20d: 17.7%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.13.

Notable Days

  • 2024-12-09: Highest Volume — 661 contracts
  • 2024-12-27: Largest IV spike — 52.4% change
  • 2024-12-30: Highest IV Rank — 22.3%
  • 2024-12-30: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.60$26.91$30.29$30.29$27.06
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV25.0%16.8%31.5%28.4%27.1%
Expected Move7.0%4.8%9.0%8.1%7.8%
HV 20d17.7%13.8%20.7%18.0%18.9%
HV 60d22.4%21.4%23.4%23.1%21.4%
IV Rank13.8%3.0%22.3%18.3%16.6%
IV Percentile41.3%1.6%71.8%63.9%53.2%
Term Structure2.6%-5.3%11.9%-4.1%-5.3%
VWIV24.6%17.8%28.7%27.2%17.8%
Skew 25d2.7%-11.2%42.2%4.1%-1.4%
Skew 10d2.0%-30.5%62.6%4.5%-1.1%
Call IV 25d25.4%18.4%31.7%25.8%25.6%
Put IV 25d28.1%17.9%69.3%29.9%24.1%
Bid-Ask Spread %80.1661.39106.91102.21106.91
Gamma HHI0.650.550.780.550.58
Net GEX169.2K79.2K301.5K155.3K79.2K
Net DEX-1.8M-3.0M-505.5K-3.0M-505.5K
Net VEX-12.9K-15.8K-9.4K-13.6K-9.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.009.570.150.00
Total Volume66.1906612318
Total OI3,546.3813,1354,1613,1663,156

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$30.29$30.0028.4%8.1%18.0%18.3%27.2%4.1%-4.1%155.3K-3.0M-13.6K0.15102.212032,317849
2024-12-03$30.20$30.0024.0%6.9%17.0%12.5%24.0%22.0%-0.4%184.0K-2.8M-13.8K0.0075.934702,330852
2024-12-04$29.77$30.0024.3%7.0%18.0%12.9%24.3%42.2%-0.2%173.0K-2.4M-13.8K4.1988.7116672,323852
2024-12-05$29.31$30.0023.9%6.7%15.9%12.4%0.0%6.4%2.3%150.5K-1.9M-13.4K0.0067.22702,337918
2024-12-06$29.38$30.0027.3%6.8%15.7%16.9%23.7%3.5%1.8%145.3K-1.9M-13.5K0.0067.291202,342918
2024-12-09$29.62$30.0025.9%6.8%15.9%15.0%23.6%-4.6%1.5%173.5K-2.2M-13.4K0.0083.0466102,347918
2024-12-10$29.61$30.0027.2%6.8%15.8%16.7%0.0%-4.7%1.5%271.2K-3.0M-15.8K1.5067.53463,000918
2024-12-11$29.37$30.0024.1%6.9%15.6%12.7%0.0%-5.2%2.0%263.5K-2.7M-15.4K0.0084.95023,001924
2024-12-12$29.55$30.0023.1%6.6%14.4%11.3%23.1%3.7%2.8%294.1K-2.9M-15.3K0.0467.684823,001925
2024-12-13$29.44$30.0023.9%6.8%13.8%12.4%23.9%-5.9%1.8%301.5K-2.7M-15.4K0.0084.0317502,991925
2024-12-16$29.06$30.0024.6%7.1%14.7%13.3%24.6%-6.5%-0.2%288.9K-2.4M-14.7K0.7569.94433,165925
2024-12-17$28.62$30.0024.3%7.0%15.9%12.9%24.4%-5.3%1.0%222.2K-1.7M-13.6K0.0061.394803,164928
2024-12-18$27.63$30.0025.1%7.2%20.3%14.0%28.0%-6.5%-0.7%121.3K-1.3M-12.8K0.58106.1619113,210928
2024-12-19$27.54$30.0021.4%6.1%19.9%9.1%26.5%2.6%11.9%124.0K-1.1M-12.7K9.5763.367673,221902
2024-12-20$26.91$30.0024.0%6.9%20.5%12.5%28.7%9.2%11.3%89.4K-555.5K-10.9K4.5078.594183,221940
2024-12-23$27.30$30.0029.7%8.5%20.7%20.0%0.0%9.3%3.8%105.9K-891.8K-11.4K0.0077.685102,660484
2024-12-24$27.64$30.0022.2%6.4%20.6%10.1%0.0%-0.3%9.0%110.0K-869.2K-10.8K0.0088.94702,651484
2024-12-26$27.60$30.0016.8%4.8%20.6%3.0%0.0%-1.4%8.0%101.4K-807.3K-10.5K0.0084.03002,664484
2024-12-27$27.43$30.0025.6%7.3%19.5%14.5%17.8%-11.2%0.1%102.0K-770.7K-10.5K0.2573.88412,665484
2024-12-30$27.20$30.0031.5%9.0%19.2%22.3%0.0%6.6%5.4%96.1K-708.4K-10.1K0.0083.935802,666484
2024-12-31$27.06$30.0027.1%7.8%18.9%16.6%0.0%-1.4%-5.3%79.2K-505.5K-9.4K0.00106.911802,672484