Graphic Packaging Holding (GPK)
Graphic Packaging Max Pain By Strike
GPK trades at $21.54, 4.3% below the near-term max pain of $22.5 expiring Sep 19, 2025 (13 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7.5-$22.5), reflecting growing call interest at higher strikes. Key magnetic zone at 23 where 4 expirations converge.
Graphic Packaging Max Pain By Expiry
Max pain for GPK shows an upward trend from 7.5 to 22.5, suggesting bullish positioning in longer-dated options. The 77% spread signals divergent expectations across timeframes. Most levels above 21.54 could support dips. Strong magnetic level at 23 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 22.5 | 0.96 (4.48%) |
| Oct 17, 2025 | 22.5 | 0.96 (4.48%) |
| Dec 19, 2025 | 22.5 | 0.96 (4.48%) |
| Jan 16, 2026 | 7.5 | -14.04 (-65.17%) |
| Mar 20, 2026 | 22.5 | 0.96 (4.48%) |