LTPZ Options History — September 2013

In September 2013, LTPZ traded between $56.96 and $60.40. ATM implied volatility averaged 16.7%. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 1.1% (HV 20d: 15.6%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days.

Notable Days

  • 2013-09-04: Largest IV drop — 68.2% change
  • 2013-09-03: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.64$56.96$60.40$58.07$60.18
ATM IV16.7%14.0%48.7%48.7%15.3%
Expected Move4.8%4.0%14.0%14.0%4.4%
HV 20d15.6%13.7%17.2%17.2%13.7%
HV 60d17.2%15.0%18.5%18.5%15.0%
Term Structure-0.8%-17.3%0.7%-17.3%-0.4%
Skew 25d1.3%-1.0%2.7%1.5%1.1%
Skew 10d2.8%-3.9%7.4%-0.7%2.3%
Call IV 25d16.9%13.1%66.8%66.8%13.2%
Put IV 25d18.2%13.7%68.3%68.3%14.3%
Bid-Ask Spread %61.0124.89143.78143.78111.01
Gamma HHI0.450.440.460.450.45
Net GEX8433591.4K1.3K1.3K
Net DEX-3.0K-9.1K-1.1K-9.1K-4.2K
Net VEX-32-83-15-83-39
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1616161616

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-09-03$58.07$0.0048.7%14.0%17.2%0.0%0.0%1.5%-17.3%1.3K-9.1K-830.00143.7800160
2013-09-04$57.64$0.0015.5%4.4%16.6%0.0%0.0%0.4%0.2%498-1.7K-220.0028.9800160
2013-09-05$56.96$0.0015.3%4.4%16.4%0.0%0.0%-1.0%0.4%391-1.3K-180.0024.8900160
2013-09-06$57.20$0.0015.7%4.5%16.5%0.0%0.0%1.7%0.0%359-1.1K-150.0054.7800160
2013-09-09$57.35$0.0015.3%4.6%16.6%0.0%0.0%1.0%-0.1%614-2.1K-250.0052.1100160
2013-09-10$57.40$0.0014.7%4.5%16.6%0.0%0.0%0.8%0.5%537-1.8K-220.0055.4500160
2013-09-11$57.95$0.0015.0%4.5%16.1%0.0%0.0%1.9%0.1%528-1.7K-220.0052.8400160
2013-09-12$58.29$0.0015.7%4.5%16.2%0.0%0.0%0.8%0.4%684-2.5K-270.0054.4800160
2013-09-13$57.66$0.0015.5%4.4%15.5%0.0%0.0%2.2%-0.3%624-2.0K-230.0056.0600160
2013-09-16$57.61$0.0015.5%4.4%15.2%0.0%0.0%0.7%-0.1%602-2.0K-250.0051.2700160
2013-09-17$58.19$0.0016.0%4.6%15.1%0.0%0.0%1.5%-0.1%785-2.7K-310.0056.3700160
2013-09-18$59.19$0.0014.9%4.3%15.9%0.0%0.0%1.0%0.7%797-2.7K-310.0069.8100160
2013-09-19$58.92$0.0014.8%4.2%15.4%0.0%0.0%1.0%-0.0%597-1.8K-210.0068.4300160
2013-09-20$59.43$0.0015.0%4.3%15.6%0.0%0.0%1.7%-0.2%1.1K-3.8K-400.0060.3200160
2013-09-23$60.14$0.0014.5%4.2%15.2%0.0%0.0%1.3%0.4%880-2.6K-270.0045.6900160
2013-09-24$60.20$0.0014.3%4.1%14.9%0.0%0.0%1.7%-0.2%1.4K-4.5K-430.0058.7700160
2013-09-25$60.40$0.0014.3%4.1%14.4%0.0%0.0%2.2%0.1%1.4K-4.5K-440.0064.6900160
2013-09-26$60.10$0.0014.3%4.1%14.1%0.0%0.0%2.7%-0.6%1.3K-3.9K-360.0055.3700160
2013-09-27$60.00$0.0014.0%4.0%14.0%0.0%0.0%2.1%0.6%1.3K-4.4K-410.0055.2000160
2013-09-30$60.18$0.0015.3%4.4%13.7%0.0%0.0%1.1%-0.4%1.3K-4.2K-390.00111.0100160