LTPZ Options History — July 2018

In July 2018, LTPZ traded between $66.08 and $68.28. ATM implied volatility averaged 8.2%, placing in the 2.1% IV rank vs the trailing year. The 30-day expected move averaged 2.4%. IV traded above realized volatility by 0.5% (HV 20d: 7.6%). Max pain ranged from $65.00 to $67.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.80.

Notable Days

  • 2018-07-05: Highest Volume — 42 contracts
  • 2018-07-31: Largest IV drop — 22.9% change
  • 2018-07-23: Highest IV Rank — 2.7%
  • 2018-07-23: Largest Expected Move — 2.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.32$66.08$68.28$67.67$66.65
Max Pain$66.00$65.00$67.00$65.00$66.00
ATM IV8.2%7.0%9.4%8.1%7.0%
Expected Move2.4%2.0%2.7%2.3%2.0%
HV 20d7.6%6.7%8.8%7.9%8.0%
HV 60d9.1%8.6%9.5%9.5%8.6%
IV Rank2.1%1.4%2.7%2.0%1.4%
IV Percentile12.6%0.8%47.6%5.6%0.8%
Term Structure0.3%-0.4%0.9%0.4%-0.1%
VWIV8.2%6.2%9.3%6.2%8.6%
Skew 25d0.5%-0.7%1.9%1.2%1.9%
Skew 10d-0.3%-2.1%4.0%0.4%4.0%
Call IV 25d8.1%6.4%9.2%6.4%7.1%
Put IV 25d8.5%7.5%9.8%7.7%9.0%
Bid-Ask Spread %96.4470.86139.27126.41123.47
Gamma HHI0.370.300.470.300.41
Net GEX-4.8K-12.7K7.4K3.5K-12.7K
Net DEX41.5K-24.0K87.1K-20.6K77.1K
Net VEX-400-494-202-202-386
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.532.150.532.15
Total Volume39.85723422341
Total OI39.61924432541

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$67.67$65.008.1%2.3%7.9%2.0%6.2%1.2%0.4%3.5K-20.6K-2020.53126.41158178
2018-07-03$67.99$67.007.6%2.2%7.9%1.8%6.2%-0.7%0.8%3.3K-20.4K-2080.53139.27158168
2018-07-05$68.16$0.007.9%2.4%7.2%1.9%0.0%0.5%0.5%3.2K-24.0K-2051.8078.841527168
2018-07-06$68.28$0.007.7%2.3%7.1%1.8%0.0%0.1%0.9%-3.8K16.5K-4941.8095.0715271627
2018-07-09$68.00$0.008.2%2.4%7.3%2.1%0.0%0.4%0.3%-3.9K26.1K-4871.8081.5415271627
2018-07-10$67.78$0.008.1%2.4%7.4%2.0%0.0%0.2%0.3%-3.8K29.0K-4791.8081.5315271627
2018-07-11$68.05$0.008.6%2.5%7.5%2.3%0.0%0.3%0.3%-3.6K24.0K-4701.8085.3915271627
2018-07-12$67.91$0.008.1%2.3%7.4%2.0%0.0%-0.1%0.2%-4.2K24.9K-4581.8070.8615271627
2018-07-13$68.23$0.008.0%2.3%6.7%2.0%0.0%-0.1%0.5%-5.6K17.7K-4631.8093.9815271627
2018-07-16$67.82$0.008.0%2.3%7.1%2.0%0.0%0.2%0.4%-6.0K28.8K-4351.8089.9315271627
2018-07-17$67.66$0.007.7%2.2%7.2%1.8%0.0%0.7%0.4%-4.6K34.7K-4431.8094.1715271627
2018-07-18$67.30$0.007.8%2.3%7.4%1.9%0.0%0.2%0.1%245.4K-4311.8075.2115271627
2018-07-19$67.56$0.007.7%2.2%6.8%1.8%0.0%0.1%0.6%-4.6K43.0K-4531.8082.7115271627
2018-07-20$66.91$0.008.4%2.4%7.6%2.2%0.0%0.9%0.2%7.4K60.8K-4201.8095.2015271627
2018-07-23$66.08$0.009.4%2.7%8.7%2.7%9.3%0.5%-0.3%-9.2K85.7K-3992.1584.3113281327
2018-07-24$66.25$66.008.7%2.5%8.8%2.4%8.8%0.2%-0.0%-10.9K84.4K-4062.1590.7313281328
2018-07-25$66.38$66.008.4%2.4%8.8%2.2%8.7%0.1%0.4%-11.6K81.9K-3932.15106.2113281328
2018-07-26$66.14$66.008.7%2.5%7.8%2.4%8.9%0.9%0.2%-11.0K87.1K-3992.15106.3313281328
2018-07-27$66.42$66.008.3%2.4%7.9%2.1%8.2%1.4%0.4%-11.6K83.1K-3872.15110.0613281328
2018-07-30$66.39$66.009.1%2.6%7.9%2.6%9.0%0.8%-0.4%-10.6K85.5K-3802.15113.9413281328
2018-07-31$66.65$66.007.0%2.0%8.0%1.4%8.6%1.9%-0.1%-12.7K77.1K-3862.15123.4713281328