LTPZ Options History — July 2021

In July 2021, LTPZ traded between $86.10 and $89.80. ATM implied volatility averaged 16.5%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 6.1% (HV 20d: 10.4%). Max pain ranged from $84.00 to $87.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.01.

Notable Days

2021-07-27: Highest Volume — 101 contracts
2021-07-13: Largest IV spike — 257.3% change
2021-07-13: Highest IV Rank — 100.0%
2021-07-13: Largest Expected Move — 5.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$87.99	$86.10	$89.80	$86.10	$89.47
Max Pain	$86.71	$84.00	$87.00	$84.00	$87.00
ATM IV	16.5%	11.7%	54.4%	12.5%	14.6%
Expected Move	4.2%	3.4%	5.5%	3.6%	4.2%
HV 20d	10.4%	9.0%	11.8%	11.8%	9.0%
HV 60d	9.8%	9.4%	10.1%	10.0%	9.9%
IV Rank	14.6%	3.4%	100.0%	5.2%	10.1%
IV Percentile	64.3%	11.5%	100.0%	32.1%	64.3%
Term Structure	0.9%	-0.4%	1.9%	1.0%	0.8%
VWIV	14.4%	10.1%	16.9%	14.5%	14.7%
Skew 25d	0.6%	-1.7%	23.3%	-0.1%	-1.7%
Skew 10d	-0.8%	-2.4%	1.3%	1.3%	-2.1%
Call IV 25d	14.5%	9.2%	17.5%	13.0%	14.8%
Put IV 25d	15.1%	11.5%	32.5%	12.9%	13.2%
Bid-Ask Spread %	46.03	18.38	140.03	66.01	69.63
Gamma HHI	0.22	0.17	0.30	0.19	0.26
Net GEX	37.1K	3.5K	91.7K	3.5K	35.4K
Net DEX	-252.5K	-480.1K	-54.2K	-54.2K	-394.5K
Net VEX	-1.3K	-1.6K	-959	-1.5K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.13	0.00	0.00
Total Volume	15.19	0	101	1	0
Total OI	190.19	146	307	151	307

Daily Data (21 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
2021-07-01	$86.10	$84.00	12.5%	3.6%	11.8%	5.2%	0.0%	-0.1%	1.0%	3.5K	-54.2K	-1.5K	0.00	66.01	1	0	54	97
2021-07-02	$86.55	$84.00	11.7%	3.4%	11.2%	3.4%	0.0%	-0.5%	0.8%	6.3K	-86.8K	-1.4K	0.00	74.46	0	2	54	97
2021-07-06	$87.39	$87.00	13.8%	3.8%	11.4%	7.9%	0.0%	0.1%	0.6%	10.3K	-134.8K	-1.2K	0.00	21.29	2	0	52	94
2021-07-07	$87.51	$87.00	15.7%	4.2%	11.3%	12.0%	14.5%	-0.1%	0.6%	8.1K	-123.7K	-1.3K	0.00	18.90	1	0	52	94
2021-07-08	$87.13	$87.00	15.5%	4.4%	11.5%	14.7%	15.3%	-1.4%	0.5%	7.1K	-106.9K	-1.3K	0.00	28.19	3	0	53	94
2021-07-09	$86.76	$87.00	13.9%	4.1%	11.2%	10.3%	14.3%	-0.4%	1.1%	9.9K	-87.4K	-1.3K	0.00	18.38	5	0	55	94
2021-07-12	$87.20	$87.00	15.2%	4.0%	11.2%	13.9%	13.9%	-0.3%	1.1%	16.3K	-140.1K	-1.3K	0.00	21.57	2	0	58	94
2021-07-13	$86.77	$87.00	54.4%	5.5%	11.4%	100.0%	10.1%	23.3%	1.3%	5.8K	-124.4K	-1.4K	0.13	140.03	16	2	60	94
2021-07-14	$87.26	$87.00	13.3%	3.8%	11.5%	7.2%	0.0%	0.3%	1.3%	30.2K	-186.0K	-1.3K	0.00	37.48	2	0	73	96
2021-07-15	$87.94	$87.00	13.9%	4.0%	10.8%	8.5%	0.0%	0.9%	1.3%	37.4K	-252.5K	-1.2K	0.00	27.30	0	0	73	96
2021-07-16	$88.00	$87.00	14.1%	4.0%	10.4%	9.0%	11.1%	1.9%	-0.4%	62.4K	-275.0K	-959	0.00	69.96	45	0	73	96
2021-07-19	$88.69	$87.00	16.7%	4.8%	10.4%	14.8%	16.9%	-0.4%	0.4%	38.6K	-336.7K	-1.4K	0.04	38.31	26	1	99	95
2021-07-20	$88.15	$87.00	15.6%	4.5%	9.2%	12.4%	15.5%	-1.6%	1.5%	47.8K	-327.3K	-1.4K	0.00	36.57	2	0	114	96
2021-07-21	$87.46	$87.00	14.2%	4.1%	9.2%	9.1%	14.1%	-0.8%	1.2%	44.1K	-249.3K	-1.3K	0.00	29.75	0	1	114	96
2021-07-22	$88.11	$87.00	14.5%	4.2%	9.4%	9.9%	15.1%	-0.7%	1.2%	58.6K	-308.8K	-1.3K	0.00	30.92	42	0	114	97
2021-07-23	$88.68	$87.00	15.4%	4.4%	9.5%	11.9%	15.7%	-1.2%	0.9%	67.1K	-357.7K	-1.3K	0.00	26.24	4	0	116	97
2021-07-26	$89.64	$87.00	15.8%	4.5%	9.8%	12.8%	15.9%	-1.1%	0.8%	76.5K	-444.6K	-1.3K	0.00	41.24	1	0	114	97
2021-07-27	$89.64	$87.00	16.4%	4.7%	9.2%	14.2%	0.0%	-1.6%	0.0%	77.7K	-455.9K	-1.3K	0.00	42.96	0	101	118	97
2021-07-28	$89.80	$87.00	14.8%	4.3%	9.2%	10.7%	0.0%	-0.9%	0.5%	91.7K	-480.1K	-1.3K	0.00	60.97	0	3	119	97
2021-07-29	$89.63	$87.00	14.1%	4.0%	9.2%	8.9%	14.7%	-0.5%	1.9%	45.3K	-375.0K	-1.6K	0.00	66.50	57	0	119	185
2021-07-30	$89.47	$87.00	14.6%	4.2%	9.0%	10.1%	0.0%	-1.7%	0.8%	35.4K	-394.5K	-1.4K	0.00	69.63	0	0	119	188