LTPZ Options History — December 2013

In December 2013, LTPZ traded between $57.01 and $58.08. ATM implied volatility averaged 13.3%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 2.2% (HV 20d: 11.1%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-12-10: Highest Volume — 2 contracts
  • 2013-12-18: Largest IV drop — 18.0% change
  • 2013-12-04: Highest IV Rank — 18.5%
  • 2013-12-04: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.54$57.01$58.08$57.98$57.19
Max Pain$65.00$65.00$65.00$65.00$65.00
ATM IV13.3%11.2%15.8%15.1%12.0%
Expected Move3.8%3.2%4.5%4.3%3.4%
HV 20d11.1%9.5%13.4%13.3%9.9%
HV 60d10.8%10.3%11.4%11.4%10.6%
IV Rank13.3%8.8%18.5%17.1%10.6%
IV Percentile44.8%19.6%87.7%65.1%32.0%
Term Structure0.5%-1.6%7.1%-1.6%-0.1%
Skew 25d1.8%-2.7%7.5%2.7%2.2%
Skew 10d3.5%-1.6%21.7%1.9%4.3%
Call IV 25d11.6%7.8%14.9%12.7%10.0%
Put IV 25d13.4%10.2%16.0%15.4%12.2%
Bid-Ask Spread %57.7420.87121.7123.4385.19
Gamma HHI1.000.991.001.001.00
Net GEX1.1K08.3K20
Net DEX-1.6K-6.2K0-10
Net VEX-2-7000
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950200
Total OI11.905018160

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-12-02$57.98$65.0015.1%4.3%13.3%17.1%0.0%2.7%-1.6%2-100.0023.4300160
2013-12-03$58.01$65.0014.8%4.2%13.3%16.4%0.0%0.4%-1.0%3-300.0020.8700160
2013-12-04$57.25$65.0015.8%4.5%13.4%18.5%0.0%1.4%-1.6%0000.0022.5200160
2013-12-05$57.10$65.0015.7%4.5%13.4%18.2%0.0%-2.7%-1.4%0000.0028.5900160
2013-12-06$57.22$0.0015.2%4.2%13.3%17.3%0.0%7.5%7.1%0000.0070.5200100
2013-12-09$57.38$0.0015.4%4.2%13.3%17.7%0.0%2.1%-0.0%0000.0048.5700160
2013-12-10$57.79$0.0015.1%4.1%13.4%17.1%0.0%1.6%-0.0%0000.0046.0920160
2013-12-11$57.58$0.0015.3%4.0%10.3%17.5%0.0%1.6%0.3%1.8K-4.5K-70.0046.7900180
2013-12-12$57.35$0.0014.0%4.0%10.3%14.7%0.0%1.3%0.3%1.8K-3.3K-60.0047.2300180
2013-12-13$57.70$0.0014.2%4.1%10.6%15.1%0.0%2.1%-0.1%2.1K-4.9K-70.0049.4700180
2013-12-16$57.76$0.0013.3%3.8%10.2%13.3%0.0%1.3%-0.0%2.1K-4.8K-50.0053.0000180
2013-12-17$58.08$0.0013.6%3.9%10.4%14.0%0.0%2.6%-0.3%2.2K-6.2K-50.0050.8500180
2013-12-18$57.61$0.0011.2%3.2%10.1%8.8%0.0%1.3%1.3%3.5K-3.1K-30.0076.0700180
2013-12-19$57.34$0.0011.5%3.3%9.5%9.5%0.0%3.1%1.2%2.2K-1.0K-10.0061.3400180
2013-12-20$58.02$0.0011.3%3.2%10.0%9.0%0.0%2.7%1.3%8.3K-6.1K-20.0072.5600180
2013-12-23$57.73$0.0011.4%3.3%9.7%9.3%0.0%0.6%0.6%0000.0076.030000
2013-12-24$57.48$0.0011.2%3.2%9.6%8.8%0.0%2.5%2.5%0000.00121.710000
2013-12-26$57.24$0.0011.2%3.2%9.6%8.9%0.0%1.1%1.2%0000.0072.730000
2013-12-27$57.01$0.0011.4%3.3%9.5%9.3%0.0%0.8%1.0%0000.0055.200000
2013-12-30$57.51$0.0011.3%3.2%10.1%9.1%0.0%1.1%0.4%0000.0083.880000
2013-12-31$57.19$0.0012.0%3.4%9.9%10.6%0.0%2.2%-0.1%0000.0085.190000