LTPZ Options History — July 2014

In July 2014, LTPZ traded between $63.33 and $67.13. ATM implied volatility averaged 9.7%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 3.0%. IV traded below realized volatility by 2.2% (HV 20d: 11.9%). Max pain ranged from $67.00 to $67.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-07-24: Highest Volume — 44 contracts
  • 2014-07-24: Largest IV spike — 13.9% change
  • 2014-07-31: Highest IV Rank — 9.9%
  • 2014-07-31: Largest Expected Move — 3.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.48$63.33$67.13$64.26$65.59
Max Pain$67.00$67.00$67.00$67.00$67.00
ATM IV9.7%8.0%11.7%9.3%11.7%
Expected Move3.0%2.3%3.6%2.7%3.6%
HV 20d11.9%9.3%13.8%9.3%12.7%
HV 60d12.8%12.5%13.2%12.5%13.1%
IV Rank6.4%3.3%9.9%5.7%9.9%
IV Percentile18.6%0.8%54.8%10.7%54.8%
Term Structure0.2%-0.8%1.3%0.4%-0.2%
Skew 25d-0.0%-0.8%1.0%1.0%0.5%
Skew 10d-0.3%-2.3%1.7%1.7%-0.6%
Call IV 25d9.7%7.8%11.4%8.7%9.0%
Put IV 25d9.7%7.1%12.0%9.7%9.5%
Bid-Ask Spread %43.5010.3176.5933.5459.82
Gamma HHI0.260.220.330.220.24
Net GEX-27.9K-47.9K-324-32.1K-19.5K
Net DEX116.6K-137.6K361.7K284.1K45.4K
Net VEX-2.0K-2.3K-1.7K-2.2K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.27304400
Total OI227.409216260217243

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-07-01$64.26$67.009.3%2.7%9.3%5.7%0.0%1.0%0.4%-32.1K284.1K-2.2K0.0033.540042175
2014-07-02$63.33$67.009.2%2.6%10.8%5.4%0.0%-0.2%0.5%-29.1K361.7K-2.2K0.0037.280042175
2014-07-03$63.43$67.008.2%2.3%10.7%3.7%0.0%-0.7%1.1%-30.0K356.3K-2.2K0.0051.130042175
2014-07-07$64.05$0.008.0%2.7%11.2%3.3%0.0%0.3%0.2%-31.9K303.6K-2.1K0.0030.600042175
2014-07-08$64.69$0.008.8%2.7%11.7%4.8%0.0%0.3%0.2%-32.6K241.4K-2.1K0.0037.440042175
2014-07-09$65.13$0.008.3%2.7%11.6%4.0%0.0%0.1%0.1%-33.0K208.8K-2.1K0.0028.010042175
2014-07-10$65.15$0.009.5%2.7%11.6%6.0%0.0%-0.3%0.5%-33.0K208.5K-2.1K0.0041.320042175
2014-07-11$65.68$0.009.4%2.7%11.6%5.9%0.0%-0.0%0.3%-39.8K151.4K-1.9K0.0048.970042175
2014-07-14$65.19$0.009.7%2.8%12.0%6.4%0.0%-0.3%0.0%-32.6K193.2K-2.0K0.0040.490042175
2014-07-15$65.18$0.008.9%2.6%12.0%5.1%0.0%-0.4%0.2%-31.9K203.0K-2.0K0.0064.1402242175
2014-07-16$65.15$0.009.0%2.6%11.9%5.2%0.0%0.4%0.1%-33.9K210.5K-2.0K0.0052.650042197
2014-07-17$66.16$0.009.9%2.8%12.5%6.7%0.0%-0.4%-0.3%-47.9K116.6K-1.8K0.0076.591042197
2014-07-18$65.97$0.009.3%2.7%12.1%5.6%0.0%-0.1%-0.1%-32.6K131.8K-1.8K0.0058.510043197
2014-07-21$66.29$0.009.6%3.1%12.0%6.3%0.0%0.1%-0.0%-28.8K-42.4K-1.7K0.0011.112043175
2014-07-22$66.47$0.009.4%3.1%12.0%5.9%0.0%-0.1%0.3%-31.5K-45.4K-1.7K0.0014.612043175
2014-07-23$66.37$0.009.6%3.1%11.7%6.2%0.0%-0.4%0.2%-31.6K-27.5K-1.7K0.0010.310041175
2014-07-24$65.86$0.0010.9%3.6%12.1%8.5%0.0%-0.3%0.4%-29.5K21.1K-1.9K0.0014.0544041175
2014-07-25$66.81$0.0011.0%3.3%12.9%8.7%0.0%0.6%0.3%-324-137.6K-2.3K0.0036.2123085175
2014-07-28$66.79$0.0011.7%3.5%12.9%9.9%0.0%0.3%-0.8%-9.4K-90.9K-2.0K0.0069.030073175
2014-07-29$67.13$0.0010.7%3.6%12.8%8.2%0.0%-0.8%1.3%-8.2K-114.8K-1.9K0.0070.020073175
2014-07-30$65.93$0.0010.7%3.6%13.8%8.3%0.0%-0.8%0.6%-14.6K-13.1K-2.1K0.0071.230073175
2014-07-31$65.59$0.0011.7%3.6%12.7%9.9%0.0%0.5%-0.2%-19.5K45.4K-2.1K0.0059.820068175