LTPZ Options History — August 2013

In August 2013, LTPZ traded between $57.51 and $61.71. ATM implied volatility averaged 16.5%. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 0.6% (HV 20d: 16.0%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days.

Notable Days

  • 2013-08-29: Largest IV spike — 162.6% change
  • 2013-08-29: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.62$57.51$61.71$59.92$59.06
Max Pain$62.00$62.00$62.00$62.00$62.00
ATM IV16.5%8.4%41.8%14.8%15.8%
Expected Move5.0%4.1%12.0%4.3%4.5%
HV 20d16.0%14.7%19.3%19.3%16.3%
HV 60d18.0%17.4%18.4%17.4%18.4%
Term Structure-0.6%-13.6%1.3%0.5%-0.3%
Skew 25d1.3%0.1%2.0%1.9%0.1%
Skew 10d2.6%-2.1%8.7%1.6%2.5%
Call IV 25d18.1%12.6%57.8%12.6%15.3%
Put IV 25d19.4%14.5%59.2%14.5%15.4%
Bid-Ask Spread %48.3326.09144.6862.3231.07
Gamma HHI0.400.310.450.320.44
Net GEX1.2K7491.7K1.2K1.1K
Net DEX-5.6K-13.1K1.7K-4.0K-4.5K
Net VEX-85-138-39-101-49
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI16.54516171716

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-08-01$59.92$62.0014.8%4.3%19.3%0.0%0.0%1.9%0.5%1.2K-4.0K-1010.0062.3200161
2013-08-02$60.43$62.0015.1%4.3%15.4%0.0%0.0%1.2%0.0%1.3K-5.1K-1120.0044.3500161
2013-08-05$60.33$0.0014.2%4.3%14.9%0.0%0.0%1.3%0.3%1.3K-4.7K-990.0040.3800161
2013-08-06$60.99$0.0014.8%4.3%15.4%0.0%0.0%1.8%0.0%1.3K-7.3K-1150.0040.9400161
2013-08-07$61.46$0.0014.5%4.4%15.1%0.0%0.0%1.6%0.0%1.4K-9.4K-1270.0040.2600161
2013-08-08$61.65$0.0011.2%4.1%14.8%0.0%0.0%1.2%1.0%1.1K-10.6K-1380.0047.6500161
2013-08-09$61.71$0.0011.2%4.1%14.8%0.0%0.0%1.3%1.2%1.0K-10.9K-1370.0041.8100161
2013-08-12$61.24$0.0012.5%4.2%14.7%0.0%0.0%1.2%1.3%1.0K-7.5K-1200.0040.4700161
2013-08-13$60.08$0.0011.3%4.2%15.9%0.0%0.0%1.2%1.1%1.6K-2.2K-840.0038.3900161
2013-08-14$59.78$0.008.4%4.1%16.0%0.0%0.0%1.4%1.1%1.6K-1.7K-810.0037.0400161
2013-08-15$58.73$0.0014.2%4.1%16.6%0.0%0.0%0.7%1.1%1.1K922-580.0037.8200161
2013-08-16$58.25$0.0015.9%4.6%15.0%0.0%0.0%1.3%0.6%9651.7K-490.0035.8100161
2013-08-19$57.59$0.0015.7%4.5%15.2%0.0%0.0%1.8%0.2%785-3.3K-400.0032.6900160
2013-08-20$58.15$0.0015.8%4.5%15.9%0.0%0.0%2.0%0.1%897-3.7K-460.0032.3200160
2013-08-21$57.51$0.0015.4%4.4%15.3%0.0%0.0%1.1%0.5%749-3.1K-390.0037.8900160
2013-08-22$57.86$0.0037.8%10.8%15.6%0.0%0.0%1.3%-10.6%1.4K-9.9K-980.00143.3500160
2013-08-23$58.77$0.0015.6%4.5%16.7%0.0%0.0%1.4%0.3%1.1K-4.9K-550.0036.3700160
2013-08-26$59.25$0.0015.8%4.5%17.0%0.0%0.0%1.7%0.4%1.3K-5.8K-640.0038.9500160
2013-08-27$59.95$0.0015.5%4.5%17.6%0.0%0.0%1.2%0.4%1.6K-7.5K-750.0032.5100160
2013-08-28$59.37$0.0015.9%4.6%17.3%0.0%0.0%1.4%0.2%1.3K-6.1K-650.0026.0900160
2013-08-29$59.56$0.0041.8%12.0%16.4%0.0%0.0%1.4%-13.6%1.7K-13.1K-1180.00144.6800160
2013-08-30$59.06$0.0015.8%4.5%16.3%0.0%0.0%0.1%-0.3%1.1K-4.5K-490.0031.0700160