LTPZ Options History — July 2019

In July 2019, LTPZ traded between $68.92 and $70.42. ATM implied volatility averaged 19.2%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 9.0% (HV 20d: 10.2%). Max pain ranged from $69.00 to $69.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.84.

Notable Days

2019-07-23: Highest Volume — 82 contracts
2019-07-02: Largest IV spike — 842.2% change
2019-07-02: Highest IV Rank — 89.7%
2019-07-02: Largest Expected Move — 24.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$69.75	$68.92	$70.42	$68.92	$70.42
Max Pain	$69.00	$69.00	$69.00	$69.00	$69.00
ATM IV	19.2%	8.4%	84.3%	8.9%	8.7%
Expected Move	5.5%	2.5%	24.2%	2.6%	2.5%
HV 20d	10.2%	6.7%	12.3%	12.2%	6.8%
HV 60d	10.0%	9.5%	10.3%	10.2%	9.5%
IV Rank	14.5%	2.0%	89.7%	2.6%	2.4%
IV Percentile	69.2%	44.4%	99.2%	58.3%	45.6%
Term Structure	-6.2%	-55.9%	0.5%	-0.0%	0.5%
VWIV	20.7%	9.3%	72.8%	9.3%	72.8%
Skew 25d	1.0%	-1.4%	12.6%	-0.6%	-1.4%
Skew 10d	0.2%	-3.0%	12.6%	-0.2%	-2.0%
Call IV 25d	18.8%	8.7%	92.8%	9.0%	9.0%
Put IV 25d	19.7%	7.6%	105.4%	8.4%	7.6%
Bid-Ask Spread %	108.06	51.82	200.00	135.32	154.70
Gamma HHI	0.51	0.32	0.86	0.47	0.41
Net GEX	33.7K	3.8K	158.3K	22.8K	22.7K
Net DEX	-184.3K	-441.7K	-56.5K	-56.5K	-441.7K
Net VEX	-1.5K	-2.6K	-358	-376	-2.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.66	1.00	1.00	0.78
Total Volume	42.818	0	82	0	0
Total OI	143.727	40	242	40	242

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
2019-07-01	$68.92	$69.00	8.9%	2.6%	12.2%	2.6%	0.0%	-0.6%	-0.0%	22.8K	-56.5K	-376	0.00	135.32	0	0	33	7
2019-07-02	$69.39	$69.00	84.3%	24.2%	12.1%	89.7%	0.0%	12.6%	-31.5%	4.0K	-97.2K	-440	0.00	200.00	0	0	33	7
2019-07-03	$69.76	$69.00	9.2%	2.6%	12.2%	3.0%	0.0%	-0.4%	0.3%	28.2K	-95.8K	-393	0.00	133.54	0	0	33	7
2019-07-05	$69.43	$0.00	8.4%	2.5%	12.3%	2.0%	0.0%	-0.3%	-0.2%	29.7K	-77.1K	-375	0.00	51.82	0	0	33	7
2019-07-08	$69.82	$0.00	8.6%	2.5%	12.2%	2.3%	0.0%	0.1%	-0.1%	34.7K	-99.6K	-366	0.00	68.56	0	0	33	7
2019-07-09	$69.95	$0.00	9.1%	2.6%	11.4%	2.8%	0.0%	-0.4%	0.1%	34.1K	-107.9K	-358	0.00	65.59	0	0	33	7
2019-07-10	$69.89	$0.00	9.1%	2.6%	11.4%	2.8%	0.0%	-1.1%	-0.1%	21.9K	-101.9K	-358	1.00	146.82	37	37	33	7
2019-07-11	$69.26	$0.00	9.2%	2.6%	11.9%	2.9%	0.0%	0.4%	-0.2%	31.1K	-83.3K	-1.2K	1.00	98.01	37	37	70	44
2019-07-12	$69.26	$0.00	58.9%	16.9%	11.9%	60.3%	0.0%	3.0%	-16.9%	3.8K	-117.2K	-1.3K	1.00	200.00	37	37	70	44
2019-07-15	$69.70	$0.00	37.6%	10.8%	11.7%	35.8%	0.0%	1.6%	-55.9%	45.5K	-138.7K	-1.2K	1.00	79.81	27	27	70	44
2019-07-16	$69.58	$0.00	9.4%	2.7%	11.8%	3.2%	9.3%	0.2%	-0.2%	40.1K	-145.9K	-1.8K	0.77	71.15	35	27	97	71
2019-07-17	$69.85	$69.00	9.7%	2.8%	11.4%	3.5%	9.6%	-0.2%	-0.1%	62.7K	-221.5K	-1.8K	0.66	62.74	41	27	101	71
2019-07-18	$70.10	$69.00	9.6%	2.8%	10.6%	3.4%	9.9%	-0.2%	-0.1%	78.1K	-288.6K	-1.8K	0.66	68.02	41	27	107	71
2019-07-19	$70.00	$69.00	9.4%	2.7%	9.6%	3.2%	9.5%	-0.4%	-0.1%	158.3K	-260.6K	-1.7K	0.66	66.98	41	27	107	71
2019-07-22	$70.11	$69.00	9.8%	2.8%	8.1%	3.6%	0.0%	0.5%	-0.6%	12.1K	-211.6K	-1.7K	1.00	89.91	36	36	89	71
2019-07-23	$69.87	$69.00	9.6%	2.8%	8.0%	3.4%	34.7%	0.3%	-0.2%	10.4K	-208.4K	-2.5K	0.78	92.46	46	36	125	107
2019-07-24	$70.06	$69.00	9.6%	2.7%	7.9%	3.3%	10.1%	-0.1%	-0.2%	22.0K	-326.9K	-2.5K	0.78	89.19	46	36	135	107
2019-07-25	$69.86	$69.00	9.5%	2.7%	8.0%	3.2%	9.4%	0.3%	-0.6%	23.1K	-291.6K	-2.5K	0.78	85.52	46	36	135	107
2019-07-26	$69.85	$69.00	75.1%	21.5%	7.7%	79.1%	72.8%	7.8%	-29.3%	4.8K	-188.8K	-2.6K	0.78	200.00	46	36	135	107
2019-07-29	$69.58	$69.00	9.0%	2.6%	7.7%	2.7%	0.0%	0.1%	-0.1%	26.0K	-220.4K	-2.4K	0.00	106.45	0	0	135	107
2019-07-30	$69.88	$69.00	9.3%	2.7%	6.7%	3.1%	0.0%	-0.6%	-0.7%	25.1K	-273.6K	-2.4K	0.00	110.74	0	0	135	107
2019-07-31	$70.42	$69.00	8.7%	2.5%	6.8%	2.4%	0.0%	-1.4%	0.5%	22.7K	-441.7K	-2.1K	0.00	154.70	0	0	135	107