LTPZ Options History — March 2016

In March 2016, LTPZ traded between $62.73 and $66.73. ATM implied volatility averaged 15.6%, placing in the 3.4% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 2.4% (HV 20d: 13.2%). Max pain ranged from $63.00 to $63.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 16 of 22 days.

Notable Days

  • 2016-03-24: Highest Volume — 4 contracts
  • 2016-03-09: Largest IV drop — 45.9% change
  • 2016-03-08: Highest IV Rank — 11.5%
  • 2016-03-01: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.48$62.73$66.73$63.76$66.73
Max Pain$63.00$63.00$63.00$63.00$63.00
ATM IV15.6%12.7%25.6%21.2%13.6%
Expected Move4.2%3.6%6.1%6.1%3.9%
HV 20d13.2%11.8%15.2%12.5%15.1%
HV 60d12.0%11.5%12.8%12.8%12.6%
IV Rank3.4%0.9%11.5%7.9%1.7%
IV Percentile19.9%0.8%57.5%56.7%4.8%
Term Structure0.2%-8.0%2.2%-8.0%-0.1%
VWIV13.3%9.9%16.8%16.4%10.4%
Skew 25d-0.7%-6.6%2.8%-6.6%-0.9%
Skew 10d-0.6%-6.3%27.8%-6.0%27.8%
Call IV 25d14.5%12.2%18.4%18.4%13.9%
Put IV 25d13.8%11.1%17.2%11.8%13.0%
Bid-Ask Spread %138.8779.43164.31155.12140.81
Gamma HHI0.780.381.001.000.38
Net GEX-543-1.5K00-1.1K
Net DEX4.3K010.8K07.7K
Net VEX-24-4700-42
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume20404
Total OI1.8180404

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-03-01$63.76$0.0021.2%6.1%12.5%7.9%0.0%-6.6%-8.0%0000.00155.120000
2016-03-02$64.17$0.0017.6%5.1%12.1%5.0%0.0%2.8%-1.4%0000.00159.170000
2016-03-03$64.60$0.0017.6%3.9%12.2%5.0%0.0%0.5%1.5%0000.00134.720000
2016-03-04$63.95$0.0016.2%3.7%12.8%3.8%0.0%-1.4%2.0%0000.00137.820100
2016-03-07$63.40$0.0020.8%3.8%13.1%7.6%0.0%-3.9%2.2%-2293.1K-180.00142.450101
2016-03-08$63.94$0.0025.6%4.8%13.3%11.5%0.0%0.7%-2.4%-2242.9K-180.00136.690101
2016-03-09$63.55$0.0013.9%4.0%13.4%1.9%0.0%-0.8%1.3%-2243.0K-180.00148.940101
2016-03-10$63.33$0.0014.1%4.1%13.1%2.2%0.0%0.1%1.0%-2303.2K-180.00131.810101
2016-03-11$62.91$0.0016.7%4.8%12.9%4.2%0.0%-2.2%0.1%-2213.2K-180.0079.430101
2016-03-14$63.26$0.0017.5%5.0%12.3%4.9%0.0%1.1%-1.0%-2303.2K-180.0085.140101
2016-03-15$62.73$0.0012.9%3.7%11.8%1.1%0.0%-0.7%1.9%-2373.3K-180.00127.650101
2016-03-16$63.69$0.0015.5%4.5%12.6%3.3%16.4%1.6%-0.5%-2583.1K-180.00162.530201
2016-03-17$64.58$63.0013.1%3.8%13.2%1.3%13.0%-0.4%1.2%-8024.3K-230.00145.090202
2016-03-18$65.19$63.0012.8%3.7%13.5%1.1%15.8%1.2%1.2%-7443.6K-220.00144.960302
2016-03-21$65.00$63.0012.8%3.7%13.5%1.0%13.2%0.3%1.0%-9707.1K-400.00136.680303
2016-03-22$64.97$63.0012.7%3.6%13.4%0.9%9.9%-2.5%1.2%-1.0K7.0K-390.00139.180303
2016-03-23$65.58$63.0012.7%3.6%13.7%1.0%16.8%-1.5%0.9%-8866.4K-380.00144.020303
2016-03-24$65.12$63.0015.0%4.3%13.6%2.9%10.9%-1.8%0.5%-1.0K7.1K-390.00140.760403
2016-03-28$65.13$63.0014.0%4.0%13.2%2.1%10.4%0.2%0.4%-1.5K10.8K-470.00160.700404
2016-03-29$66.69$63.0013.4%3.8%15.2%1.5%0.0%0.9%1.9%-1.0K8.0K-430.00164.310404
2016-03-30$66.29$63.0013.8%4.0%15.1%1.9%0.0%-2.3%0.2%-1.0K8.3K-430.00137.190404
2016-03-31$66.73$63.0013.6%3.9%15.1%1.7%0.0%-0.9%-0.1%-1.1K7.7K-420.00140.810404