LTPZ Options History — July 2013

In July 2013, LTPZ traded between $59.19 and $61.65. ATM implied volatility averaged 15.3%. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 5.1% (HV 20d: 20.4%). Max pain ranged from $59.00 to $62.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-07-12: Highest Volume — 3 contracts
  • 2013-07-08: Largest IV spike — 13.9% change
  • 2013-07-10: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.55$59.19$61.65$61.16$60.92
Max Pain$61.10$59.00$62.00$59.00$62.00
ATM IV15.3%14.5%16.7%15.2%14.9%
Expected Move4.4%4.1%4.6%4.3%4.3%
HV 20d20.4%18.2%22.9%19.8%18.5%
HV 60d16.8%15.6%17.4%15.8%17.2%
Term Structure0.0%-0.7%0.6%0.6%0.2%
VWIV14.7%14.7%14.7%14.7%14.7%
Skew 25d1.4%0.5%3.0%1.2%3.0%
Skew 10d4.1%0.8%9.4%3.6%3.1%
Call IV 25d14.8%12.7%16.2%15.0%12.7%
Put IV 25d16.3%15.1%17.6%16.2%15.8%
Bid-Ask Spread %57.1638.7476.3548.0050.69
Gamma HHI0.400.310.490.430.32
Net GEX1.0K-7192.5K9441.4K
Net DEX-7.9K-16.0K-10-10.3K-8.0K
Net VEX-117-157-77-134-130
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1820300
Total OI16.36415181517

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-07-01$61.16$59.0015.2%4.3%19.8%0.0%0.0%1.2%0.6%944-10.3K-1340.0048.0000132
2013-07-02$61.60$59.0014.5%4.1%20.0%0.0%0.0%1.2%0.4%1.2K-10.0K-1300.0038.7400132
2013-07-03$61.17$59.0014.7%4.2%20.0%0.0%0.0%0.8%0.0%898-8.6K-1160.0042.7300132
2013-07-05$59.19$0.0014.6%4.3%22.6%0.0%0.0%1.6%0.1%-552-10-780.0066.7700132
2013-07-08$59.86$0.0016.7%4.6%22.9%0.0%0.0%1.4%-0.7%-114-3.1K-910.0059.1900132
2013-07-09$59.76$0.0015.8%4.6%22.3%0.0%0.0%1.5%-0.4%-257-2.2K-790.0075.9200132
2013-07-10$59.24$0.0016.1%4.6%22.4%0.0%0.0%1.9%-0.4%-719-341-790.0068.3700132
2013-07-11$59.84$0.0015.7%4.5%22.3%0.0%0.0%1.7%0.1%-333-3.0K-770.0076.3500132
2013-07-12$59.91$0.0015.6%4.5%21.4%0.0%0.0%1.6%0.1%-315-3.9K-880.0065.5430132
2013-07-15$60.54$0.0015.5%4.4%21.9%0.0%0.0%1.8%0.1%1.1K-12.1K-1330.0054.1900162
2013-07-16$61.08$0.0015.4%4.4%22.0%0.0%0.0%1.3%0.2%2.3K-14.2K-1460.0052.6400162
2013-07-17$61.22$0.0015.6%4.5%21.7%0.0%0.0%1.1%0.3%2.1K-15.5K-1490.0056.6400162
2013-07-18$60.48$0.0015.7%4.5%20.9%0.0%0.0%0.5%0.0%1.7K-12.7K-1300.0062.2200162
2013-07-19$61.59$0.0015.0%4.3%19.8%0.0%0.0%2.3%0.0%2.5K-15.9K-1570.0042.2600162
2013-07-22$61.65$0.0014.8%4.2%18.4%0.0%14.7%1.1%-0.0%2.5K-16.0K-1550.0049.0901160
2013-07-23$61.31$62.0015.2%4.4%18.6%0.0%0.0%1.3%-0.1%1.7K-10.3K-1490.0060.5800161
2013-07-24$60.28$62.0014.9%4.3%19.7%0.0%0.0%1.0%0.1%1.4K-6.0K-1170.0053.3800161
2013-07-25$60.23$62.0015.5%4.4%19.3%0.0%0.0%1.1%-0.3%1.4K-5.4K-1170.0054.2800161
2013-07-26$60.47$62.0014.7%4.2%18.3%0.0%0.0%1.5%0.3%1.4K-6.0K-1160.0051.8600161
2013-07-29$60.28$62.0015.4%4.4%18.2%0.0%0.0%1.6%-0.2%1.3K-4.8K-1090.0060.7500161
2013-07-30$60.21$62.0015.0%4.3%18.2%0.0%0.0%1.1%0.2%1.3K-4.6K-1020.0067.3200161
2013-07-31$60.92$62.0014.9%4.3%18.5%0.0%0.0%3.0%0.2%1.4K-8.0K-1300.0050.6900161