LTPZ Options History — May 2020

In May 2020, LTPZ traded between $81.79 and $83.48. ATM implied volatility averaged 20.3%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 3.4% (HV 20d: 16.9%). Max pain ranged from $70.00 to $85.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-05-28: Highest Volume — 52 contracts
  • 2020-05-22: Largest IV spike — 44.9% change
  • 2020-05-07: Highest IV Rank — 10.6%
  • 2020-05-11: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$82.53$81.79$83.48$83.02$82.44
Max Pain$70.75$70.00$85.00$85.00$70.00
ATM IV20.3%12.3%27.5%19.4%17.2%
Expected Move5.3%3.5%6.0%5.6%4.9%
HV 20d16.9%11.7%20.1%19.5%11.7%
HV 60d42.4%42.2%42.5%42.3%42.3%
IV Rank6.7%2.3%10.6%6.9%4.8%
IV Percentile71.1%37.7%82.1%74.2%67.1%
Term Structure1.2%-0.5%6.0%0.0%-0.4%
VWIV20.3%17.2%23.2%22.0%17.2%
Skew 25d-0.1%-2.2%5.0%-1.8%-0.5%
Skew 10d-0.6%-4.2%3.4%-4.2%-1.4%
Call IV 25d19.0%10.6%22.0%21.3%18.3%
Put IV 25d18.9%10.2%22.3%19.5%17.8%
Bid-Ask Spread %83.4852.63132.9682.4277.39
Gamma HHI0.400.280.750.340.41
Net GEX39.5K19.9K99.6K48.9K60.5K
Net DEX-305.4K-408.6K-229.5K-408.6K-398.5K
Net VEX-935-1.2K-725-1.2K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.305200
Total OI98.769129119122

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$83.02$85.0019.4%5.6%19.5%6.9%0.0%-1.8%0.0%48.9K-408.6K-1.2K0.0082.42001109
2020-05-04$83.01$70.0020.8%5.5%18.6%7.4%0.0%-1.7%0.6%50.2K-367.0K-1.1K0.0068.611201069
2020-05-05$83.48$70.0024.6%4.5%18.7%9.4%0.0%0.5%5.3%48.3K-394.7K-1.1K0.00129.54201069
2020-05-06$81.92$70.0027.2%5.6%19.9%10.5%0.0%0.8%2.5%35.7K-361.6K-1.1K0.00131.26001089
2020-05-07$83.16$70.0027.5%5.5%20.1%10.6%0.0%0.1%2.5%53.8K-382.5K-1.1K0.00126.75001089
2020-05-08$82.53$70.0021.4%5.8%19.0%7.4%22.0%0.5%0.5%48.2K-305.1K-9930.0052.63101089
2020-05-11$82.05$70.0026.9%6.0%19.0%10.3%21.6%0.6%-0.2%37.2K-266.3K-9200.0053.93110979
2020-05-12$82.08$70.0025.1%5.7%19.0%9.4%23.2%-0.3%0.7%39.0K-280.1K-9670.0059.49101089
2020-05-13$82.65$70.0019.8%5.7%18.9%6.5%0.0%-1.8%0.5%46.4K-302.6K-9620.0062.40101089
2020-05-14$82.88$70.0019.7%5.7%17.7%6.5%0.0%-2.2%0.1%42.1K-298.4K-9210.0073.071301089
2020-05-15$83.15$70.0019.2%5.5%16.9%6.2%0.0%-1.5%0.5%99.6K-358.5K-9000.0066.07001209
2020-05-18$82.35$70.0019.8%5.7%17.3%6.5%20.8%0.3%-0.1%21.2K-260.6K-8860.0060.9620659
2020-05-19$82.35$70.0015.7%4.5%15.4%4.3%19.4%5.0%6.0%23.8K-257.8K-8740.00132.96100679
2020-05-20$82.84$70.0019.1%5.5%15.0%6.2%0.0%-0.7%0.4%19.9K-266.6K-8150.0068.7300609
2020-05-21$82.58$70.0012.3%3.5%15.0%2.3%0.0%-0.3%5.5%27.4K-250.6K-7740.00117.8100609
2020-05-22$82.52$70.0017.8%5.1%13.9%5.1%0.0%-0.4%0.1%22.1K-257.0K-7960.0071.9700609
2020-05-26$81.79$70.0017.8%5.1%14.1%5.1%18.1%0.3%-0.1%21.7K-230.7K-7500.0073.7801609
2020-05-27$81.86$70.0017.8%5.1%14.1%5.1%0.0%0.1%-0.5%21.6K-229.5K-7530.0072.35006010
2020-05-28$81.93$70.0016.7%4.8%14.0%4.5%17.2%0.4%-0.2%23.3K-230.4K-7250.0087.435206010
2020-05-29$82.44$70.0017.2%4.9%11.7%4.8%0.0%-0.5%-0.4%60.5K-398.5K-1.1K0.0077.390011210