GPK Options History — June 2025

In June 2025, GPK traded between $20.98 and $22.38. ATM implied volatility averaged 25.9%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 4.8% (HV 20d: 21.1%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 9.41.

Notable Days

2025-06-30: Highest Volume — 1,573 contracts
2025-06-25: Largest IV spike — 44.6% change
2025-06-13: Highest IV Rank — 18.7%
2025-06-06: Largest Expected Move — 8.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.63	$20.98	$22.38	$21.91	$21.09
Max Pain	$22.88	$22.50	$25.00	$25.00	$22.50
ATM IV	25.9%	16.2%	30.4%	27.7%	27.5%
Expected Move	7.4%	4.6%	8.9%	7.9%	7.9%
HV 20d	21.1%	18.8%	23.9%	22.8%	19.9%
HV 60d	45.2%	44.8%	46.3%	46.3%	45.0%
IV Rank	13.3%	1.8%	18.7%	15.5%	15.1%
IV Percentile	36.1%	0.4%	61.5%	47.2%	45.6%
Term Structure	6.1%	-0.1%	23.1%	0.8%	3.0%
VWIV	27.0%	22.9%	30.4%	25.3%	29.0%
Skew 25d	1.4%	-11.5%	13.0%	-11.5%	-4.0%
Skew 10d	0.8%	-22.5%	33.0%	-22.5%	8.0%
Call IV 25d	26.6%	18.7%	31.9%	31.8%	29.2%
Put IV 25d	28.0%	20.2%	31.6%	20.2%	25.2%
Bid-Ask Spread %	67.85	36.14	97.61	68.51	90.60
Gamma HHI	0.70	0.32	0.91	0.86	0.72
Net GEX	-67.0K	-95.8K	-21.0K	-67.5K	-63.5K
Net DEX	1.8M	1.2M	2.4M	1.8M	1.3M
Net VEX	-5.2K	-6.2K	-3.9K	-5.4K	-6.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	9.41	0.00	161.80	0.25	0.00
Total Volume	156.85	4	1,573	5	1,573
Total OI	6,892.75	1,992	9,080	8,844	2,212

Daily Data (20 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
2025-06-02	$21.91	$25.00	27.7%	7.9%	22.8%	15.5%	0.0%	-11.5%	0.8%	-67.5K	1.8M	-5.4K	0.25	68.51	4	1	7,313	1,531
2025-06-03	$22.32	$25.00	25.3%	7.3%	23.5%	12.7%	25.3%	-8.7%	1.7%	-82.1K	1.6M	-5.7K	0.07	64.07	14	1	7,318	1,542
2025-06-04	$22.06	$25.00	27.0%	7.7%	23.9%	14.6%	27.7%	-3.6%	-0.1%	-79.2K	1.8M	-5.4K	0.22	76.73	36	8	7,327	1,543
2025-06-05	$22.05	$22.50	26.8%	7.6%	23.7%	14.5%	26.5%	2.4%	3.6%	-81.8K	1.9M	-5.3K	0.17	47.28	77	13	7,342	1,551
2025-06-06	$22.23	$22.50	26.3%	8.9%	23.1%	13.9%	0.0%	-0.9%	2.5%	-79.9K	1.8M	-5.6K	0.33	54.71	3	1	7,405	1,565
2025-06-09	$22.27	$22.50	25.6%	7.3%	23.0%	13.0%	26.9%	3.6%	4.4%	-95.8K	1.7M	-5.4K	0.27	46.87	37	10	7,406	1,565
2025-06-10	$22.38	$22.50	28.6%	7.3%	18.8%	16.6%	25.6%	3.2%	3.6%	-91.6K	1.7M	-5.4K	0.00	43.40	18	0	7,441	1,575
2025-06-11	$21.92	$22.50	25.5%	7.3%	19.1%	12.9%	29.4%	6.7%	3.2%	-91.6K	2.1M	-4.9K	0.73	36.14	22	16	7,451	1,575
2025-06-12	$21.63	$22.50	25.8%	7.4%	19.2%	13.3%	26.1%	3.1%	4.2%	-72.0K	2.1M	-4.6K	9.86	61.39	7	69	7,457	1,571
2025-06-13	$21.12	$22.50	30.4%	8.7%	20.0%	18.7%	27.5%	3.2%	3.2%	-56.0K	2.4M	-4.3K	1.11	52.53	9	10	7,440	1,629
2025-06-16	$21.47	$22.50	26.6%	7.6%	20.7%	14.2%	25.9%	2.9%	4.0%	-66.4K	2.3M	-4.4K	0.07	51.68	58	4	7,442	1,602
2025-06-17	$21.26	$22.50	21.3%	6.1%	20.8%	8.0%	0.0%	13.0%	13.7%	-58.1K	2.3M	-4.3K	0.00	81.90	0	36	7,477	1,603
2025-06-18	$21.31	$22.50	28.6%	8.2%	20.9%	16.4%	29.4%	1.3%	16.8%	-27.0K	1.7M	-4.5K	2.50	97.61	2	5	7,477	1,398
2025-06-20	$21.16	$22.50	30.2%	8.7%	20.1%	18.3%	30.4%	4.2%	4.1%	-21.0K	2.0M	-3.9K	161.80	80.32	5	809	7,478	1,397
2025-06-23	$21.43	$22.50	26.4%	7.6%	20.9%	13.8%	29.0%	2.5%	4.0%	-60.2K	1.3M	-5.7K	0.78	73.20	18	14	420	1,572
2025-06-24	$21.65	$22.50	16.2%	4.6%	21.4%	1.8%	28.0%	3.2%	23.1%	-50.2K	1.2M	-6.1K	0.13	83.42	30	4	438	1,584
2025-06-25	$21.24	$22.50	23.4%	6.7%	21.6%	10.2%	24.7%	2.5%	0.4%	-65.1K	1.3M	-5.6K	0.13	85.39	8	1	462	1,584
2025-06-26	$21.14	$22.50	27.6%	7.9%	19.7%	15.2%	25.3%	2.8%	7.0%	-65.3K	1.4M	-5.7K	0.18	91.32	72	13	467	1,586
2025-06-27	$20.98	$22.50	21.1%	6.1%	19.7%	7.6%	22.9%	1.6%	19.0%	-64.9K	1.5M	-5.9K	0.15	70.00	112	17	507	1,602
2025-06-30	$21.09	$22.50	27.5%	7.9%	19.9%	15.1%	29.0%	-4.0%	3.0%	-63.5K	1.3M	-6.2K	0.00	90.60	1,567	6	604	1,608