LTPZ Options History — March 2019

In March 2019, LTPZ traded between $63.00 and $66.57. ATM implied volatility averaged 11.3%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 3.0%. IV traded above realized volatility by 3.6% (HV 20d: 7.8%). Max pain ranged from $63.00 to $65.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-03-29: Highest Volume — 11 contracts
  • 2019-03-25: Largest IV spike — 377.8% change
  • 2019-03-25: Highest IV Rank — 41.4%
  • 2019-03-01: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.73$63.00$66.57$63.00$66.57
Max Pain$63.91$63.00$65.00$63.00$65.00
ATM IV11.3%7.3%42.5%32.4%9.5%
Expected Move3.0%2.1%9.3%9.3%2.7%
HV 20d7.8%7.2%8.9%7.7%7.2%
HV 60d9.0%8.6%9.7%9.7%8.7%
IV Rank5.2%0.7%41.4%29.6%3.2%
IV Percentile38.9%4.0%98.0%98.0%76.2%
Term Structure1.3%-2.9%25.6%25.6%-0.2%
Skew 25d4.3%-2.5%90.0%2.8%-2.5%
Skew 10d6.1%-4.5%90.0%-0.2%-3.8%
Call IV 25d13.1%6.3%113.7%113.7%9.6%
Put IV 25d17.4%6.1%116.5%116.5%7.1%
Bid-Ask Spread %112.7455.39196.30196.3079.42
Gamma HHI0.630.300.880.300.46
Net GEX13.2K93619.1K93618.4K
Net DEX-51.2K-158.1K5.6K-43.2K-158.1K
Net VEX-365-463-308-463-397
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.476011011
Total OI40.66736464446

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$63.00$63.0032.4%9.3%7.7%29.6%0.0%2.8%25.6%936-43.2K-4630.00196.30002915
2019-03-04$63.35$63.008.3%2.4%7.7%1.8%0.0%-0.4%0.5%8.0K1.6K-3670.00169.75002915
2019-03-05$63.25$63.008.3%2.4%7.4%1.8%0.0%0.3%0.6%8.0K5.6K-3520.00174.28002915
2019-03-06$63.38$63.007.5%2.2%7.3%0.9%0.0%0.5%0.6%9.0K3.7K-3560.0093.94002915
2019-03-07$63.85$63.007.6%2.2%7.6%1.0%0.0%-0.3%0.7%12.0K-14.1K-3790.00179.72002915
2019-03-08$63.92$63.007.3%2.1%7.5%0.7%0.0%-0.0%0.5%12.5K-14.5K-3740.00188.19002915
2019-03-11$63.76$65.008.3%2.4%7.5%1.7%0.0%-0.3%0.5%12.6K-11.2K-3640.0057.20002915
2019-03-12$64.08$65.007.9%2.4%7.4%1.3%0.0%0.2%0.3%13.4K-21.3K-3770.0055.39802915
2019-03-13$64.22$65.007.8%2.4%7.3%1.2%0.0%-0.0%0.4%14.4K-25.7K-3800.0075.33802915
2019-03-14$64.15$65.008.3%2.4%7.3%1.8%0.0%0.5%0.0%13.6K-22.7K-3760.0056.52802915
2019-03-15$64.57$65.007.4%2.3%7.4%0.7%0.0%0.4%1.0%17.0K-37.1K-3850.0072.37802915
2019-03-18$64.79$0.007.8%2.2%7.4%1.1%0.0%-0.9%-0.0%18.9K-48.1K-3800.0067.01002610
2019-03-19$64.62$0.007.4%2.2%7.4%0.7%0.0%-1.2%0.1%19.1K-40.3K-3730.0067.91502610
2019-03-20$65.46$0.007.9%2.2%8.6%1.2%0.0%-1.4%-0.3%18.8K-82.0K-3620.0091.76502610
2019-03-21$65.70$0.008.1%2.3%8.1%1.5%0.0%0.2%-0.0%18.1K-90.0K-3510.0087.69502610
2019-03-22$66.35$0.008.9%2.5%8.5%2.5%0.0%-1.4%-0.2%13.4K-111.0K-3080.0076.48502610
2019-03-25$66.26$0.0042.5%2.8%8.5%41.4%0.0%90.0%-0.8%2.1K-70.2K-3640.00189.57002610
2019-03-26$65.88$0.008.4%2.7%8.9%1.9%0.0%-0.4%1.3%16.5K-104.8K-3090.00115.82002610
2019-03-27$66.01$0.0015.7%8.6%8.3%10.3%0.0%3.7%-2.9%15.3K-86.1K-3320.00196.25002610
2019-03-28$66.20$0.0010.1%2.7%7.9%3.8%0.0%-0.5%-0.7%14.8K-105.4K-3080.0076.711002610
2019-03-29$66.57$0.009.5%2.7%7.2%3.2%0.0%-2.5%-0.2%18.4K-158.1K-3970.0079.421103610