LTPZ Options History — March 2014

In March 2014, LTPZ traded between $59.57 and $61.41. ATM implied volatility averaged 24.5%, placing in the 36.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 12.5% (HV 20d: 12.0%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-03-03: Highest Volume — 10 contracts
  • 2014-03-06: Largest IV spike — 328.4% change
  • 2014-03-06: Highest IV Rank — 89.7%
  • 2014-03-06: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.42$59.57$61.41$61.06$60.76
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV24.5%9.9%50.0%11.2%45.1%
Expected Move7.1%3.0%14.3%3.2%12.9%
HV 20d12.0%11.2%12.6%11.9%12.4%
HV 60d10.7%10.3%11.0%10.3%10.8%
IV Rank36.6%6.3%89.7%8.9%79.7%
IV Percentile60.2%10.1%99.5%25.8%98.7%
Term Structure-4.5%-19.8%9.9%0.4%-16.8%
Skew 25d6.1%-1.7%35.2%1.1%8.1%
Skew 10d6.9%-3.5%35.2%1.3%8.1%
Call IV 25d24.9%7.6%67.8%10.1%50.2%
Put IV 25d31.0%8.5%72.1%11.1%58.3%
Bid-Ask Spread %135.0938.00200.0042.01197.04
Gamma HHI0.950.501.001.000.50
Net GEX4.0K07.9K0115
Net DEX-27.9K-39.8K00-4.7K
Net VEX-84-22700-221
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1010100
Total OI10.5020020

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-03-03$61.06$0.0011.2%3.2%11.9%8.9%0.0%1.1%0.4%0000.0042.0110000
2014-03-04$60.20$0.0011.6%3.3%12.5%9.8%0.0%-1.7%0.2%5.9K-31.8K-850.0042.3500100
2014-03-05$60.47$0.0011.7%3.3%11.8%9.8%0.0%0.5%0.6%5.8K-34.7K-840.0038.0000100
2014-03-06$60.02$0.0050.0%14.3%11.3%89.7%0.0%4.3%-19.8%2.3K-31.4K-830.00157.3100100
2014-03-07$59.85$60.0010.5%3.1%11.3%7.4%0.0%1.7%0.9%6.6K-27.1K-810.0085.2700100
2014-03-10$59.62$60.009.9%3.1%11.4%6.3%0.0%1.6%0.9%6.4K-26.1K-780.0083.8300100
2014-03-11$59.68$60.0010.0%3.1%11.3%6.4%0.0%1.3%1.3%6.9K-26.5K-770.0089.5900100
2014-03-12$59.93$60.0010.1%3.1%11.2%6.5%0.0%-0.1%8.2%6.9K-29.2K-770.0088.8100100
2014-03-13$60.82$60.0010.7%3.1%12.0%7.9%0.0%1.5%8.0%6.7K-39.8K-720.0093.2700100
2014-03-17$60.51$60.0034.3%9.8%12.0%57.0%0.0%4.6%-16.1%2.3K-33.5K-720.00200.0000100
2014-03-18$60.55$60.0034.8%10.0%11.9%58.1%0.0%4.9%-16.5%2.3K-33.6K-710.00198.4900100
2014-03-19$59.92$60.0035.9%10.3%12.5%60.4%0.0%0.9%-15.4%2.2K-30.9K-700.00200.0000100
2014-03-20$59.57$60.0010.5%3.0%12.6%7.4%0.0%0.8%9.9%7.8K-23.7K-660.0096.4300100
2014-03-21$60.26$60.0011.4%3.3%12.1%9.2%0.0%2.2%7.9%7.9K-33.2K-670.00104.2800100
2014-03-24$60.79$60.0027.2%7.8%12.3%42.2%0.0%7.8%6.8%2.6K-35.0K-640.00200.0000100
2014-03-25$60.73$60.0037.0%10.6%12.3%62.6%0.0%7.5%-11.9%2.4K-34.5K-620.00198.8400100
2014-03-26$61.10$60.0037.7%10.8%12.1%64.1%0.0%35.2%-11.9%2.7K-36.7K-600.00195.6300100
2014-03-27$61.41$60.0038.3%11.0%12.1%65.4%0.0%11.3%-12.0%2.4K-37.7K-590.00194.37010100
2014-03-28$61.09$60.0041.9%12.0%12.2%72.8%0.0%28.8%-14.0%309-7.4K-2270.00196.30001010
2014-03-31$60.76$60.0045.1%12.9%12.4%79.7%0.0%8.1%-16.8%115-4.7K-2210.00197.04001010