LTPZ Options History — April 2021

In April 2021, LTPZ traded between $79.84 and $82.83. ATM implied volatility averaged 13.2%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 1.1% (HV 20d: 12.1%). Max pain ranged from $79.00 to $81.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.52.

Notable Days

  • 2021-04-13: Highest Volume — 333 contracts
  • 2021-04-12: Largest IV spike — 29.4% change
  • 2021-04-12: Highest IV Rank — 11.8%
  • 2021-04-09: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$81.43$79.84$82.83$81.03$82.17
Max Pain$79.57$79.00$81.00$81.00$79.00
ATM IV13.2%12.0%15.6%13.9%12.0%
Expected Move3.8%3.4%6.4%4.0%3.4%
HV 20d12.1%9.5%16.3%16.1%9.5%
HV 60d16.0%15.7%16.2%16.1%16.2%
IV Rank6.2%4.0%11.8%5.6%4.0%
IV Percentile26.4%13.1%56.7%31.0%13.1%
Term Structure0.2%-0.6%0.6%-0.6%0.6%
VWIV12.4%10.9%13.1%12.9%11.7%
Skew 25d1.2%0.2%2.1%1.6%1.1%
Skew 10d1.6%-0.0%2.5%-0.0%1.3%
Call IV 25d12.6%11.5%13.4%13.0%11.7%
Put IV 25d13.8%12.8%14.6%14.6%12.8%
Bid-Ask Spread %39.5223.8583.7183.7156.56
Gamma HHI0.160.110.250.180.13
Net GEX-10.6K-54.5K23.4K-22.4K23.4K
Net DEX221.3K-171.2K590.5K279.9K87.6K
Net VEX-2.9K-3.5K-2.6K-3.5K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.002.800.000.33
Total Volume19.333033310
Total OI326.19274373356313

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$81.03$81.0013.9%4.0%16.1%5.6%0.0%1.6%-0.6%-22.4K279.9K-3.5K0.0083.7101191165
2021-04-05$80.40$81.0014.3%3.9%16.3%6.2%0.0%1.9%0.4%-34.2K416.0K-3.2K0.0031.2800192166
2021-04-06$80.42$81.0013.7%3.8%16.1%5.4%0.0%1.7%0.3%-35.7K419.1K-3.1K0.0030.8800192166
2021-04-07$80.06$81.0013.7%3.8%15.5%7.6%0.0%1.6%0.2%-41.5K504.9K-3.0K0.0035.6400192166
2021-04-08$80.42$81.0013.5%3.8%15.2%7.2%0.0%1.4%0.6%-36.8K416.7K-3.1K0.0023.8500192166
2021-04-09$79.84$81.0012.1%6.4%15.3%4.2%12.9%1.5%0.4%-52.2K590.5K-2.8K0.0044.9001192166
2021-04-12$79.92$79.0015.6%3.8%11.5%11.8%0.0%1.6%0.3%-54.5K581.4K-2.7K0.0028.0110192167
2021-04-13$80.57$79.0014.6%3.6%11.4%9.7%12.8%1.7%0.1%-45.1K413.7K-2.8K0.9929.35167166193167
2021-04-14$80.49$79.0012.5%3.6%11.4%5.1%0.0%1.6%0.3%-45.7K425.2K-2.8K0.0029.8300197167
2021-04-15$82.03$79.0012.9%3.7%13.0%5.9%12.7%1.1%0.2%5.6K-90.6K-2.9K0.0029.11140197167
2021-04-16$81.99$79.0013.2%3.8%12.1%6.6%0.0%1.1%0.2%18.9K-171.2K-3.0K0.0029.1900206167
2021-04-19$81.56$79.0013.4%3.8%12.3%7.0%0.0%0.8%0.2%-1.1K175.1K-2.8K0.0029.7300162112
2021-04-20$81.72$79.0013.4%3.8%10.4%7.1%13.1%1.0%0.0%-343162.7K-2.8K0.0029.0560162112
2021-04-21$82.00$79.0012.9%3.7%10.0%5.9%0.0%0.2%0.3%6.6K121.4K-2.9K2.8038.01514168112
2021-04-22$82.30$79.0012.8%3.7%10.0%5.7%0.0%0.5%0.3%10.4K74.5K-2.9K0.0042.4900172115
2021-04-23$82.52$79.0012.8%3.7%9.9%5.8%0.0%0.3%0.1%12.5K57.6K-2.9K0.0043.8900172115
2021-04-26$82.72$79.0012.6%3.6%9.9%5.2%12.7%0.9%0.4%14.6K40.6K-2.8K0.0044.4290172115
2021-04-27$82.60$79.0012.6%3.6%9.5%5.2%0.0%1.0%0.4%17.9K40.5K-2.8K0.0047.4700177115
2021-04-28$82.83$79.0012.5%3.6%9.5%5.0%10.9%2.1%0.3%21.7K20.7K-2.8K0.0047.8760177115
2021-04-29$82.42$79.0012.4%3.6%9.5%4.9%11.7%1.2%-0.0%16.5K80.2K-2.6K0.3354.67124183115
2021-04-30$82.17$79.0012.0%3.4%9.5%4.0%0.0%1.1%0.6%23.4K87.6K-2.7K0.0056.5600195118