LTPZ Options History — August 2019

In August 2019, LTPZ traded between $70.57 and $76.85. ATM implied volatility averaged 28.9%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 19.1% (HV 20d: 9.8%). 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 1 of 22 days. Put/call ratio averaged 0.67.

Notable Days

2019-08-05: Highest Volume — 145 contracts
2019-08-13: Largest IV spike — 914.0% change
2019-08-05: Highest IV Rank — 100.0%
2019-08-21: Largest Expected Move — 17.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$74.05	$70.57	$76.85	$70.57	$76.16
Max Pain	$69.00	$69.00	$69.00	$69.00	$69.00
ATM IV	28.9%	8.9%	187.2%	8.9%	14.7%
Expected Move	5.0%	2.5%	17.0%	2.5%	4.2%
HV 20d	9.8%	6.4%	14.5%	6.6%	14.5%
HV 60d	10.4%	9.3%	11.6%	9.5%	11.6%
IV Rank	15.9%	2.5%	100.0%	2.5%	4.4%
IV Percentile	89.9%	49.2%	100.0%	49.2%	87.7%
Term Structure	-2.8%	-23.6%	3.3%	3.3%	-0.6%
VWIV	11.9%	10.3%	14.7%	10.3%	14.7%
Skew 25d	-1.4%	-45.1%	19.2%	2.1%	-0.6%
Skew 10d	-1.6%	-59.7%	41.6%	-0.3%	-1.9%
Call IV 25d	20.1%	6.9%	63.7%	6.9%	14.8%
Put IV 25d	18.7%	9.0%	82.9%	9.0%	14.2%
Bid-Ask Spread %	126.44	97.88	173.44	114.88	111.99
Gamma HHI	0.74	0.33	1.00	0.37	1.00
Net GEX	6.2K	1.6K	19.5K	19.5K	3.1K
Net DEX	-1.6M	-2.1M	-516.2K	-516.2K	-2.1M
Net VEX	-1.7K	-4.8K	-136	-1.9K	-180
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.00	1.01	1.00	0.00
Total Volume	17.545	0	145	26	1
Total OI	512	242	564	242	546

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
2019-08-01	$70.57	$69.00	8.9%	2.5%	6.6%	2.5%	0.0%	2.1%	3.3%	19.5K	-516.2K	-1.9K	1.00	114.88	13	13	135	107
2019-08-02	$70.84	$69.00	10.7%	3.1%	6.4%	4.7%	0.0%	-1.1%	-0.5%	18.3K	-614.7K	-2.1K	1.00	133.82	61	61	148	120
2019-08-05	$71.51	$69.00	101.0%	3.5%	6.9%	100.0%	10.3%	-0.4%	-1.2%	13.9K	-947.5K	-2.4K	1.01	120.27	72	73	199	171
2019-08-06	$72.38	$69.00	18.3%	3.2%	7.9%	12.3%	10.6%	-0.2%	-0.7%	9.8K	-1.3M	-2.8K	1.00	131.66	41	41	255	227
2019-08-07	$72.79	$69.00	21.6%	3.5%	8.0%	15.8%	0.0%	-3.5%	-1.9%	10.6K	-1.7M	-2.8K	0.00	152.29	10	0	296	268
2019-08-08	$73.06	$69.00	14.1%	3.6%	6.8%	7.8%	0.0%	-1.6%	-1.6%	6.5K	-1.8M	-2.1K	0.00	109.94	0	0	286	268
2019-08-09	$73.24	$69.00	14.8%	3.5%	6.8%	8.6%	0.0%	-2.8%	-1.8%	6.6K	-1.7M	-2.2K	0.00	139.46	0	0	286	268
2019-08-12	$74.14	$69.00	18.5%	4.1%	7.5%	12.5%	0.0%	-0.9%	-2.1%	4.4K	-1.9M	-1.6K	0.00	108.09	0	0	286	268
2019-08-13	$74.15	$69.00	187.2%	15.1%	7.3%	100.0%	0.0%	19.2%	-23.6%	3.1K	-846.2K	-4.8K	0.00	171.79	0	0	286	268
2019-08-14	$74.78	$69.00	15.7%	4.5%	7.6%	5.0%	0.0%	-1.1%	-2.9%	3.6K	-1.9M	-1.5K	0.00	119.64	0	0	286	268
2019-08-15	$75.62	$69.00	16.3%	4.7%	8.0%	5.3%	0.0%	-3.9%	-2.2%	4.1K	-1.9M	-1.8K	0.00	156.55	0	0	286	268
2019-08-16	$74.74	$69.00	15.4%	4.4%	9.6%	4.8%	0.0%	-1.3%	-2.6%	3.6K	-2.0M	-1.1K	0.00	101.88	0	0	286	268
2019-08-19	$73.77	$69.00	15.1%	4.3%	11.2%	4.6%	0.0%	-1.5%	-1.1%	3.9K	-1.8M	-1.7K	0.00	98.91	0	0	278	268
2019-08-20	$74.04	$69.00	15.2%	4.3%	11.0%	4.7%	0.0%	-1.5%	-0.9%	3.7K	-1.8M	-1.2K	0.00	97.88	0	0	278	268
2019-08-21	$74.24	$69.00	59.3%	17.0%	11.0%	29.1%	0.0%	19.2%	-16.3%	1.6K	-821.5K	-4.1K	0.00	173.44	0	0	278	268
2019-08-22	$73.62	$69.00	13.9%	4.0%	11.5%	4.0%	0.0%	-45.1%	-0.4%	4.0K	-1.9M	-1.1K	0.00	112.83	0	0	278	268
2019-08-23	$75.14	$69.00	14.5%	4.2%	13.1%	4.3%	0.0%	-1.7%	-0.7%	3.6K	-2.0M	-705	0.00	144.08	0	0	278	268
2019-08-26	$74.87	$69.00	14.8%	4.2%	13.1%	4.5%	0.0%	-1.6%	-1.0%	3.6K	-2.0M	-432	0.00	115.99	0	0	278	268
2019-08-27	$76.03	$69.00	15.3%	4.4%	13.7%	4.8%	0.0%	-0.1%	-0.9%	3.1K	-2.0M	-648	0.00	124.25	0	0	278	268
2019-08-28	$76.53	$69.00	15.6%	4.5%	13.7%	5.0%	0.0%	-0.7%	-1.0%	2.9K	-2.1M	-192	0.00	122.70	0	0	278	268
2019-08-29	$76.85	$69.00	14.5%	4.2%	13.7%	4.3%	0.0%	-0.9%	-0.5%	2.8K	-2.1M	-136	0.00	119.40	0	0	278	268
2019-08-30	$76.16	$69.00	14.7%	4.2%	14.5%	4.4%	14.7%	-0.6%	-0.6%	3.1K	-2.1M	-180	0.00	111.99	1	0	278	268