LTPZ Options History — December 2018

In December 2018, LTPZ traded between $61.85 and $63.69. ATM implied volatility averaged 20.6%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 10.3% (HV 20d: 10.2%). Max pain ranged from $64.00 to $64.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.33.

Notable Days

2018-12-04: Highest Volume — 27 contracts
2018-12-31: Largest IV spike — 771.7% change
2018-12-31: Highest IV Rank — 92.0%
2018-12-31: Largest Expected Move — 24.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$62.58	$61.85	$63.69	$61.94	$62.31
Max Pain	$64.00	$64.00	$64.00	$64.00	$64.00
ATM IV	20.6%	8.6%	93.2%	16.9%	86.3%
Expected Move	5.4%	2.5%	24.7%	4.9%	24.7%
HV 20d	10.2%	8.1%	11.5%	8.1%	11.1%
HV 60d	10.3%	9.6%	10.9%	9.6%	10.1%
IV Rank	11.8%	2.1%	92.0%	7.1%	92.0%
IV Percentile	78.1%	38.1%	99.6%	97.6%	99.6%
Term Structure	-1.1%	-22.8%	31.1%	-14.9%	-22.8%
VWIV	11.2%	10.6%	11.8%	10.6%	11.8%
Skew 25d	0.1%	-3.4%	12.0%	4.6%	12.0%
Skew 10d	-0.8%	-5.5%	12.0%	3.8%	12.0%
Call IV 25d	17.1%	5.9%	97.1%	5.9%	97.1%
Put IV 25d	17.2%	7.5%	109.1%	10.5%	109.1%
Bid-Ask Spread %	127.55	73.07	200.00	154.57	200.00
Gamma HHI	0.37	0.27	0.77	0.44	0.27
Net GEX	-2.7K	-16.5K	6.8K	4.4K	-280
Net DEX	63.1K	4.3K	141.9K	141.9K	14.3K
Net VEX	-453	-623	-346	-346	-421
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.00	0.59	0.00	0.59
Total Volume	11.8	0	27	0	0
Total OI	39.95	28	64	51	28

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-12-03	$61.94	$64.00	16.9%	4.9%	8.1%	7.1%	0.0%	4.6%	-14.9%	4.4K	141.9K	-346	0.00	154.57	0	0	17	34
2018-12-04	$62.90	$64.00	10.5%	3.0%	9.4%	3.4%	10.6%	-3.4%	-1.1%	1.2K	108.5K	-409	0.00	152.57	27	0	17	34
2018-12-05	$62.88	$64.00	54.5%	15.6%	9.5%	28.5%	11.8%	-2.5%	-2.1%	-6.1K	82.8K	-446	0.00	158.08	27	0	17	34
2018-12-06	$63.21	$0.00	93.2%	16.9%	9.5%	50.7%	0.0%	6.0%	-13.4%	1.2K	4.3K	-588	0.00	187.57	0	0	18	24
2018-12-07	$62.83	$0.00	10.4%	2.8%	9.8%	3.4%	0.0%	-0.4%	-0.1%	6.8K	80.3K	-623	0.00	104.85	27	0	30	34
2018-12-10	$62.69	$0.00	11.1%	2.8%	9.8%	3.7%	0.0%	-0.7%	-0.0%	-6.7K	69.9K	-513	0.00	95.08	0	0	18	24
2018-12-11	$62.19	$0.00	10.8%	2.8%	10.1%	3.5%	0.0%	-0.6%	-1.6%	-3.7K	78.2K	-487	0.00	73.07	0	0	18	24
2018-12-12	$61.98	$0.00	9.5%	2.7%	10.2%	5.6%	0.0%	-1.1%	-0.0%	-2.0K	80.1K	-487	0.00	84.34	0	0	18	24
2018-12-13	$61.85	$0.00	8.8%	2.5%	10.2%	2.3%	0.0%	-0.2%	0.6%	-1.3K	86.1K	-453	0.00	76.98	0	1	18	24
2018-12-14	$62.04	$0.00	8.9%	2.6%	10.2%	2.5%	0.0%	-0.0%	0.5%	-1.5K	81.6K	-468	0.00	76.81	0	2	18	24
2018-12-17	$62.29	$0.00	9.6%	2.7%	9.2%	3.2%	0.0%	-0.3%	0.1%	-2.8K	77.8K	-473	0.47	96.58	17	8	18	24
2018-12-18	$62.83	$0.00	9.8%	2.8%	9.5%	3.5%	0.0%	-0.5%	-0.3%	-8.8K	78.3K	-425	0.47	86.46	17	8	13	24
2018-12-19	$63.69	$0.00	9.7%	2.8%	10.4%	3.4%	0.0%	-1.7%	-0.4%	-16.5K	45.2K	-448	0.47	151.63	17	8	13	24
2018-12-20	$63.10	$0.00	10.8%	3.1%	11.1%	4.6%	0.0%	-0.9%	31.1%	-9.6K	51.1K	-456	0.47	180.84	17	8	13	24
2018-12-21	$62.75	$0.00	10.1%	2.9%	11.4%	3.9%	0.0%	-2.1%	-0.2%	-1.6K	75.3K	-424	0.47	133.97	17	8	13	24
2018-12-24	$63.06	$0.00	11.6%	3.3%	11.2%	5.6%	0.0%	-2.2%	-0.5%	-1.7K	27.0K	-404	0.59	124.54	17	10	13	15
2018-12-26	$62.46	$0.00	8.6%	2.5%	11.4%	2.1%	0.0%	-1.1%	2.4%	-1.8K	21.0K	-399	0.00	156.57	0	0	13	15
2018-12-27	$62.21	$0.00	10.3%	3.0%	11.5%	4.1%	0.0%	-2.4%	-0.0%	-1.9K	30.1K	-401	0.00	153.30	0	0	13	15
2018-12-28	$62.32	$0.00	9.9%	2.8%	11.1%	3.6%	0.0%	-0.7%	0.3%	-1.9K	29.1K	-398	0.00	103.15	0	0	13	15
2018-12-31	$62.31	$0.00	86.3%	24.7%	11.1%	92.0%	0.0%	12.0%	-22.8%	-280	14.3K	-421	0.00	200.00	0	0	13	15