LTPZ Options History — June 2021

In June 2021, LTPZ traded between $83.01 and $86.47. ATM implied volatility averaged 12.5%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 2.0% (HV 20d: 10.4%). Max pain ranged from $82.00 to $84.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.77.

Notable Days

2021-06-11: Highest Volume — 157 contracts
2021-06-18: Largest IV spike — 14.5% change
2021-06-18: Highest IV Rank — 9.8%
2021-06-18: Largest Expected Move — 4.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$84.98	$83.01	$86.47	$83.59	$86.47
Max Pain	$83.82	$82.00	$84.00	$82.00	$84.00
ATM IV	12.5%	11.4%	14.7%	11.7%	12.6%
Expected Move	3.5%	3.2%	4.2%	3.4%	3.6%
HV 20d	10.4%	8.9%	11.9%	9.4%	11.9%
HV 60d	10.3%	9.3%	11.8%	11.8%	10.0%
IV Rank	5.0%	2.8%	9.8%	3.5%	5.3%
IV Percentile	26.0%	7.5%	62.3%	11.5%	33.7%
Term Structure	1.1%	-0.4%	2.0%	0.2%	0.8%
VWIV	13.0%	11.7%	15.9%	11.7%	12.4%
Skew 25d	0.2%	-1.6%	1.7%	1.0%	-0.3%
Skew 10d	-0.0%	-2.7%	2.0%	0.8%	-0.2%
Call IV 25d	12.6%	11.1%	16.0%	11.7%	13.2%
Put IV 25d	12.8%	11.8%	14.4%	12.7%	12.9%
Bid-Ask Spread %	43.13	20.26	78.32	78.32	62.74
Gamma HHI	0.27	0.19	0.51	0.25	0.20
Net GEX	56.4K	-17.4K	241.3K	41.1K	3.3K
Net DEX	-114.3K	-438.6K	87.1K	4.2K	-104.7K
Net VEX	-1.7K	-2.2K	-1.3K	-2.2K	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.00	4.00	0.00	0.63
Total Volume	23	0	157	0	13
Total OI	296.545	129	475	332	154

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
2021-06-01	$83.59	$82.00	11.7%	3.4%	9.4%	3.5%	0.0%	1.0%	0.2%	41.1K	4.2K	-2.2K	0.00	78.32	0	0	194	138
2021-06-02	$83.50	$82.00	12.4%	3.6%	9.3%	4.9%	0.0%	1.7%	-0.2%	38.3K	18.5K	-2.1K	0.00	78.01	0	0	194	138
2021-06-03	$83.01	$84.00	12.5%	3.5%	8.9%	5.0%	11.7%	1.6%	1.5%	27.9K	87.1K	-2.1K	0.00	20.26	2	0	194	138
2021-06-04	$84.00	$84.00	11.4%	3.2%	9.9%	2.8%	0.0%	1.1%	2.0%	58.7K	-66.0K	-2.1K	0.00	21.02	0	0	195	138
2021-06-07	$83.69	$84.00	12.1%	3.3%	10.0%	4.2%	0.0%	1.0%	1.5%	50.4K	-2.4K	-1.9K	0.00	21.59	3	0	194	138
2021-06-08	$84.20	$84.00	12.5%	3.4%	10.2%	5.1%	0.0%	1.1%	1.7%	61.7K	-80.9K	-1.9K	2.00	24.73	2	4	194	138
2021-06-09	$84.60	$84.00	12.0%	3.4%	10.1%	4.0%	11.9%	0.6%	1.7%	67.0K	-110.2K	-1.9K	0.00	26.71	2	0	194	142
2021-06-10	$85.44	$84.00	11.7%	3.4%	9.7%	3.5%	0.0%	0.4%	1.8%	80.3K	-272.6K	-1.8K	4.00	35.80	1	4	196	142
2021-06-11	$85.20	$84.00	12.1%	3.5%	9.9%	4.2%	12.0%	0.5%	2.0%	79.9K	-230.6K	-1.7K	0.01	28.34	155	2	196	142
2021-06-14	$85.24	$84.00	12.3%	3.5%	9.2%	4.6%	0.0%	0.4%	1.8%	206.7K	-366.4K	-1.8K	0.00	29.50	0	0	336	139
2021-06-15	$85.49	$84.00	12.4%	3.5%	9.2%	4.8%	0.0%	0.2%	1.7%	241.3K	-438.6K	-1.8K	0.00	24.92	0	0	336	139
2021-06-16	$84.55	$84.00	12.3%	3.5%	10.2%	4.7%	0.0%	1.1%	1.7%	116.9K	-150.4K	-1.6K	0.07	33.08	14	1	336	139
2021-06-17	$85.42	$84.00	12.8%	3.7%	9.9%	5.8%	0.0%	-0.4%	0.7%	139.4K	-343.0K	-1.5K	0.00	49.51	0	0	326	139
2021-06-18	$86.09	$84.00	14.7%	4.2%	10.1%	9.8%	15.5%	-1.6%	-0.4%	70.8K	-401.4K	-1.4K	0.00	40.72	7	0	326	139
2021-06-21	$84.91	$84.00	14.5%	4.2%	11.5%	9.5%	15.9%	-1.3%	0.1%	-17.4K	79.2K	-1.4K	0.25	32.62	4	1	34	95
2021-06-22	$85.79	$84.00	13.6%	3.9%	11.9%	7.5%	0.0%	-0.8%	0.5%	-10.8K	25.2K	-1.3K	0.00	48.27	0	0	38	96
2021-06-23	$85.62	$84.00	12.5%	3.6%	11.5%	5.0%	12.8%	-0.7%	0.8%	-10.9K	31.4K	-1.3K	1.50	57.11	58	87	38	96
2021-06-24	$85.51	$84.00	12.4%	3.6%	11.3%	4.9%	0.0%	-0.7%	0.8%	-2.0K	-28.3K	-1.5K	0.00	55.60	0	0	57	96
2021-06-25	$85.16	$84.00	11.7%	3.4%	11.5%	3.5%	0.0%	-0.2%	1.1%	-5.3K	-3.2K	-1.5K	0.00	59.02	0	0	57	96
2021-06-28	$86.11	$84.00	12.0%	3.4%	11.9%	4.1%	12.4%	-0.4%	0.8%	2.6K	-73.9K	-1.4K	0.00	55.29	1	0	57	96
2021-06-29	$85.99	$84.00	11.7%	3.4%	11.8%	3.5%	12.1%	-0.8%	0.9%	1.8K	-87.4K	-1.3K	1.54	65.65	57	88	58	96
2021-06-30	$86.47	$84.00	12.6%	3.6%	11.9%	5.3%	12.4%	-0.3%	0.8%	3.3K	-104.7K	-1.3K	0.63	62.74	8	5	57	97