LTPZ Options History — August 2021

In August 2021, LTPZ traded between $87.89 and $89.93. ATM implied volatility averaged 13.5%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 5.4% (HV 20d: 8.1%). Max pain ranged from $87.00 to $87.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.48.

Notable Days

2021-08-13: Highest Volume — 7 contracts
2021-08-16: Largest IV spike — 12.6% change
2021-08-03: Highest IV Rank — 12.2%
2021-08-03: Largest Expected Move — 4.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$88.76	$87.89	$89.93	$89.53	$88.86
Max Pain	$87.00	$87.00	$87.00	$87.00	$87.00
ATM IV	13.5%	12.2%	15.5%	15.1%	12.3%
Expected Move	3.9%	3.5%	4.5%	4.3%	3.5%
HV 20d	8.1%	6.1%	9.7%	8.9%	9.7%
HV 60d	9.7%	9.4%	10.0%	9.9%	9.9%
IV Rank	7.6%	4.6%	12.2%	11.2%	4.8%
IV Percentile	47.8%	23.8%	76.2%	71.0%	25.8%
Term Structure	0.7%	-0.1%	2.0%	0.4%	-0.0%
VWIV	12.8%	9.7%	15.3%	15.3%	12.3%
Skew 25d	0.5%	-0.7%	1.4%	-0.7%	0.5%
Skew 10d	2.0%	-1.1%	7.3%	-0.1%	0.6%
Call IV 25d	13.6%	12.2%	15.4%	15.4%	12.5%
Put IV 25d	14.1%	12.3%	15.9%	14.8%	13.0%
Bid-Ask Spread %	75.32	58.77	94.50	69.57	94.50
Gamma HHI	0.24	0.18	0.37	0.21	0.27
Net GEX	46.9K	-28.8K	112.0K	61.0K	15.4K
Net DEX	-332.7K	-571.1K	-193.7K	-520.9K	-316.2K
Net VEX	-1.9K	-2.7K	-1.2K	-2.7K	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.48	0.00	2.00	0.00	1.00
Total Volume	1.909	0	7	1	4
Total OI	340.773	286	371	361	287

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
2021-08-02	$89.53	$87.00	15.1%	4.3%	8.9%	11.2%	0.0%	-0.7%	0.4%	61.0K	-520.9K	-2.7K	0.00	69.57	1	0	173	188
2021-08-03	$89.72	$87.00	15.5%	4.5%	8.4%	12.2%	0.0%	0.5%	-0.0%	69.0K	-556.3K	-2.6K	0.00	70.28	0	0	173	188
2021-08-04	$89.60	$87.00	14.6%	4.2%	8.5%	10.2%	0.0%	-0.4%	0.1%	69.6K	-571.1K	-2.4K	0.00	81.71	0	0	173	188
2021-08-05	$88.99	$87.00	14.0%	4.3%	8.7%	8.7%	0.0%	1.1%	1.2%	75.0K	-359.9K	-2.7K	0.00	61.37	0	0	173	188
2021-08-06	$88.31	$87.00	13.8%	4.1%	9.1%	8.4%	0.0%	1.4%	1.2%	47.1K	-254.8K	-2.6K	0.00	58.77	0	0	173	188
2021-08-09	$88.10	$87.00	14.4%	4.1%	9.0%	9.7%	0.0%	0.3%	0.6%	31.7K	-213.2K	-2.3K	0.50	61.14	2	1	173	188
2021-08-10	$88.13	$87.00	13.6%	4.3%	8.8%	7.8%	15.3%	0.9%	0.9%	38.9K	-209.8K	-2.4K	0.00	62.19	5	0	173	188
2021-08-11	$88.15	$87.00	13.9%	4.0%	8.6%	8.5%	0.0%	0.3%	1.3%	25.7K	-257.5K	-2.1K	0.00	62.74	0	0	175	188
2021-08-12	$87.89	$87.00	12.8%	3.7%	8.2%	6.1%	12.6%	0.5%	2.0%	16.8K	-193.7K	-2.0K	0.00	80.07	5	0	180	188
2021-08-13	$88.65	$87.00	12.2%	3.5%	8.8%	4.6%	12.3%	0.5%	0.4%	83.4K	-275.9K	-2.2K	0.40	74.72	5	2	180	188
2021-08-16	$88.75	$87.00	13.7%	3.9%	8.3%	8.1%	14.2%	0.4%	0.8%	79.1K	-336.6K	-1.9K	2.00	73.14	1	2	177	187
2021-08-17	$88.24	$87.00	13.7%	3.9%	8.3%	8.1%	0.0%	0.3%	0.8%	30.7K	-249.3K	-1.8K	0.00	63.54	0	0	182	186
2021-08-18	$88.46	$87.00	13.4%	3.8%	7.8%	7.5%	0.0%	0.4%	0.9%	39.1K	-313.5K	-1.6K	0.00	80.43	0	0	183	188
2021-08-19	$88.93	$87.00	12.4%	3.6%	7.6%	5.1%	0.0%	1.3%	1.5%	112.0K	-397.9K	-1.5K	0.00	80.29	0	0	183	188
2021-08-20	$88.76	$87.00	13.0%	3.7%	7.3%	6.6%	12.2%	-0.1%	1.3%	65.8K	-307.7K	-1.7K	1.00	75.37	1	1	183	188
2021-08-23	$88.85	$87.00	13.3%	3.8%	6.1%	7.1%	13.0%	1.2%	0.6%	63.1K	-327.0K	-1.3K	0.00	85.90	4	0	101	185
2021-08-24	$88.56	$87.00	13.1%	3.7%	6.2%	6.6%	0.0%	-0.0%	0.2%	38.5K	-294.4K	-1.3K	0.00	85.03	0	0	101	186
2021-08-25	$88.13	$87.00	14.0%	4.0%	6.3%	8.7%	13.5%	0.9%	0.3%	-28.8K	-216.9K	-1.5K	0.00	78.26	1	0	105	186
2021-08-26	$88.43	$87.00	13.0%	3.7%	6.5%	6.6%	0.0%	1.2%	0.8%	-10.5K	-260.1K	-1.4K	0.00	83.17	0	0	105	186
2021-08-27	$89.93	$87.00	12.7%	3.6%	8.9%	5.7%	9.7%	1.1%	-0.1%	53.2K	-430.6K	-1.4K	0.40	84.83	5	2	106	186
2021-08-30	$89.79	$87.00	12.4%	3.6%	9.0%	5.2%	0.0%	0.0%	0.6%	56.2K	-455.9K	-1.2K	0.00	89.92	0	0	106	186
2021-08-31	$88.86	$87.00	12.3%	3.5%	9.7%	4.8%	12.3%	0.5%	-0.0%	15.4K	-316.2K	-1.2K	1.00	94.50	2	2	101	186