LTPZ Options History — May 2019

In May 2019, LTPZ traded between $65.47 and $69.69. ATM implied volatility averaged 13.8%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 4.9% (HV 20d: 8.9%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.01.

Notable Days

2019-05-01: Highest Volume — 15 contracts
2019-05-29: Largest IV spike — 687.4% change
2019-05-29: Highest IV Rank — 77.6%
2019-05-29: Largest Expected Move — 21.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$66.84	$65.47	$69.69	$66.15	$69.69
Max Pain	$65.00	$65.00	$65.00	$65.00	$65.00
ATM IV	13.8%	6.7%	73.8%	7.7%	10.8%
Expected Move	3.9%	1.9%	21.2%	2.2%	3.1%
HV 20d	8.9%	7.6%	9.9%	9.0%	8.1%
HV 60d	8.8%	8.5%	9.1%	8.5%	9.1%
IV Rank	8.2%	0.0%	77.6%	1.1%	4.8%
IV Percentile	47.4%	0.0%	98.4%	15.5%	90.1%
Term Structure	-2.2%	-29.4%	1.7%	-0.2%	-0.2%
VWIV	24.1%	8.0%	66.4%	8.4%	19.0%
Skew 25d	1.6%	-1.4%	25.7%	-1.4%	-0.1%
Skew 10d	0.5%	-3.5%	31.9%	-0.6%	-2.6%
Call IV 25d	14.1%	5.7%	76.2%	7.6%	10.8%
Put IV 25d	15.7%	5.4%	101.9%	6.2%	10.6%
Bid-Ask Spread %	130.79	97.85	195.88	128.23	155.13
Gamma HHI	0.60	0.43	0.72	0.63	0.44
Net GEX	28.5K	3.4K	42.8K	39.5K	6.5K
Net DEX	-179.6K	-248.9K	-109.6K	-187.4K	-248.9K
Net VEX	-338	-555	-68	-539	-68
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.13	0.00	0.13
Total Volume	4.591	0	15	15	9
Total OI	51.909	46	61	61	48

Daily Data (22 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
2019-05-01	$66.15	$0.00	7.7%	2.2%	9.0%	1.1%	0.0%	-1.4%	-0.2%	39.5K	-187.4K	-539	0.00	128.23	15	0	51	10
2019-05-02	$65.47	$0.00	6.7%	1.9%	9.1%	0.0%	0.0%	-0.0%	1.7%	39.0K	-131.9K	-555	0.00	146.03	15	0	51	10
2019-05-03	$65.88	$0.00	7.2%	2.1%	9.4%	0.6%	0.0%	-0.3%	0.2%	42.8K	-165.5K	-546	0.00	138.68	15	0	51	10
2019-05-06	$66.20	$65.00	7.2%	2.2%	9.5%	0.6%	0.0%	-0.5%	0.3%	42.6K	-193.7K	-505	0.00	126.73	0	0	51	10
2019-05-07	$66.38	$65.00	8.3%	2.4%	9.4%	1.9%	8.4%	-0.4%	0.0%	38.6K	-203.3K	-491	0.00	114.08	8	0	51	10
2019-05-08	$65.84	$65.00	8.9%	2.3%	9.9%	2.6%	8.0%	-0.5%	0.3%	38.4K	-147.4K	-485	0.00	102.39	8	0	47	10
2019-05-09	$66.12	$65.00	9.5%	2.4%	9.7%	3.3%	8.3%	-0.9%	0.1%	35.8K	-165.9K	-464	0.00	97.85	8	0	47	10
2019-05-10	$66.51	$65.00	8.1%	2.3%	9.5%	1.6%	0.0%	-0.6%	0.3%	38.0K	-198.5K	-419	0.00	126.91	0	0	47	10
2019-05-13	$66.83	$65.00	9.8%	2.5%	9.5%	3.6%	8.1%	-0.6%	-0.0%	34.7K	-217.1K	-384	0.00	110.06	4	0	47	10
2019-05-14	$66.75	$65.00	9.4%	2.4%	9.5%	3.2%	8.2%	-0.4%	0.3%	33.3K	-194.4K	-346	0.00	106.22	7	0	43	10
2019-05-15	$66.76	$65.00	8.1%	2.3%	9.2%	1.6%	0.0%	-0.5%	0.5%	27.7K	-170.3K	-283	0.00	118.52	0	0	36	10
2019-05-16	$66.53	$65.00	7.9%	2.3%	9.3%	1.4%	0.0%	-0.7%	0.6%	31.0K	-157.3K	-292	0.00	117.32	0	0	36	10
2019-05-17	$66.53	$65.00	61.0%	17.5%	9.1%	62.7%	0.0%	19.3%	-29.4%	3.4K	-109.6K	-377	0.00	195.88	0	0	36	10
2019-05-20	$66.40	$65.00	7.8%	2.3%	8.9%	1.4%	0.0%	-0.9%	0.4%	32.1K	-152.2K	-286	0.00	116.28	0	0	36	10
2019-05-21	$66.60	$65.00	7.8%	2.2%	8.9%	1.2%	0.0%	-0.3%	0.2%	32.5K	-166.3K	-254	0.00	120.84	0	0	36	10
2019-05-22	$66.62	$65.00	7.9%	2.3%	7.9%	1.4%	0.0%	-0.4%	0.4%	32.3K	-166.8K	-251	0.00	114.27	0	0	36	10
2019-05-23	$67.14	$65.00	8.5%	2.4%	8.3%	2.1%	0.0%	-0.3%	0.3%	25.0K	-194.0K	-196	0.00	138.60	0	0	36	10
2019-05-24	$67.52	$65.00	8.4%	2.4%	8.4%	2.0%	0.0%	-0.6%	0.3%	20.9K	-206.3K	-161	0.00	137.29	0	0	36	10
2019-05-28	$67.67	$65.00	9.4%	2.7%	7.6%	3.1%	0.0%	-0.4%	-0.1%	19.1K	-209.3K	-137	0.00	132.57	0	0	36	10
2019-05-29	$68.21	$65.00	73.8%	21.2%	7.9%	77.6%	66.4%	25.7%	-23.9%	3.9K	-128.8K	-305	0.00	189.33	6	0	36	10
2019-05-30	$68.58	$65.00	9.3%	2.7%	7.9%	3.0%	66.1%	-0.1%	0.2%	10.8K	-235.9K	-87	0.00	144.09	6	0	38	10
2019-05-31	$69.69	$65.00	10.8%	3.1%	8.1%	4.8%	19.0%	-0.1%	-0.2%	6.5K	-248.9K	-68	0.13	155.13	8	1	38	10