LTPZ Options History — October 2021

In October 2021, LTPZ traded between $86.82 and $91.51. ATM implied volatility averaged 13.9%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 3.3% (HV 20d: 10.5%). Max pain ranged from $87.00 to $88.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.03.

Notable Days

2021-10-27: Highest Volume — 133 contracts
2021-10-11: Largest IV spike — 20.8% change
2021-10-11: Highest IV Rank — 12.5%
2021-10-22: Largest Expected Move — 4.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$88.39	$86.82	$91.51	$87.39	$88.60
Max Pain	$87.62	$87.00	$88.00	$88.00	$87.00
ATM IV	13.9%	12.1%	15.6%	13.7%	14.1%
Expected Move	3.8%	3.5%	4.1%	3.9%	4.0%
HV 20d	10.5%	8.3%	14.4%	11.4%	14.4%
HV 60d	10.0%	9.5%	11.8%	9.8%	11.8%
IV Rank	8.4%	4.4%	12.5%	8.2%	9.0%
IV Percentile	62.7%	24.6%	86.1%	61.9%	72.6%
Term Structure	-0.1%	-1.3%	1.0%	-0.5%	-0.9%
VWIV	12.6%	9.9%	13.8%	13.0%	12.8%
Skew 25d	1.9%	0.9%	3.7%	1.1%	1.8%
Skew 10d	2.8%	-0.4%	6.8%	-0.4%	1.9%
Call IV 25d	12.2%	9.9%	13.4%	12.8%	13.4%
Put IV 25d	14.2%	13.1%	15.2%	13.9%	15.2%
Bid-Ask Spread %	71.42	54.98	110.61	110.61	89.97
Gamma HHI	0.26	0.23	0.31	0.23	0.25
Net GEX	70.9K	37.5K	127.2K	50.0K	99.1K
Net DEX	-249.7K	-705.4K	-107.9K	-151.4K	-294.8K
Net VEX	-1.1K	-1.6K	-751	-994	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.03	0.00	0.05	0.00	0.05
Total Volume	48.81	0	133	0	133
Total OI	141.333	116	169	142	169

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
2021-10-01	$87.39	$88.00	13.7%	3.9%	11.4%	8.2%	0.0%	1.1%	-0.5%	50.0K	-151.4K	-994	0.00	110.61	0	0	133	9
2021-10-04	$87.31	$88.00	14.8%	3.8%	11.2%	10.5%	0.0%	1.4%	-0.1%	45.7K	-132.4K	-883	0.00	55.70	2	0	133	9
2021-10-05	$87.31	$88.00	14.6%	3.8%	11.0%	10.1%	13.0%	1.2%	0.2%	45.7K	-131.4K	-871	0.00	57.35	12	0	133	9
2021-10-06	$87.40	$88.00	15.3%	4.0%	10.2%	11.6%	0.0%	1.5%	-0.1%	47.4K	-144.5K	-929	0.00	57.64	1	0	131	9
2021-10-07	$86.82	$88.00	14.8%	3.8%	8.4%	10.5%	13.1%	1.3%	0.2%	41.3K	-119.2K	-827	0.00	65.56	3	0	140	9
2021-10-08	$86.92	$88.00	13.0%	3.8%	8.3%	6.4%	0.0%	0.9%	-0.0%	38.2K	-115.1K	-797	0.00	67.34	0	2	141	9
2021-10-11	$86.96	$88.00	15.6%	3.8%	8.3%	12.5%	0.0%	1.4%	0.4%	37.5K	-107.9K	-751	0.00	59.64	0	0	141	9
2021-10-12	$87.61	$88.00	15.5%	3.7%	8.5%	12.2%	0.0%	1.6%	-0.0%	50.0K	-137.0K	-795	0.00	63.82	0	0	141	9
2021-10-13	$88.86	$88.00	13.3%	3.8%	10.1%	7.1%	0.0%	3.1%	-1.0%	93.0K	-255.0K	-1.0K	0.00	62.82	0	0	141	9
2021-10-14	$89.31	$88.00	12.6%	3.6%	10.3%	5.5%	9.9%	3.7%	0.1%	121.1K	-302.5K	-1.1K	0.00	60.58	42	0	141	11
2021-10-15	$89.04	$88.00	13.4%	3.8%	10.0%	7.4%	12.6%	3.2%	0.3%	68.7K	-245.0K	-1.0K	0.00	54.98	1	0	141	11
2021-10-18	$89.23	$88.00	14.1%	4.0%	9.9%	9.0%	0.0%	3.6%	-1.3%	69.3K	-293.6K	-1.3K	0.00	64.29	0	0	109	7
2021-10-19	$88.05	$88.00	13.4%	3.8%	11.0%	7.4%	13.2%	2.2%	-0.1%	57.9K	-200.9K	-1.1K	0.00	71.05	3	0	110	7
2021-10-20	$87.79	$87.00	13.3%	3.8%	11.0%	7.1%	13.3%	1.4%	1.0%	57.7K	-199.7K	-1.1K	0.05	70.38	106	5	113	7
2021-10-21	$88.54	$87.00	13.9%	4.0%	10.9%	8.6%	13.8%	1.8%	0.1%	67.0K	-259.2K	-1.2K	0.05	66.01	107	5	116	8
2021-10-22	$88.82	$87.00	14.1%	4.1%	10.4%	9.1%	13.7%	2.2%	0.4%	70.3K	-296.2K	-1.3K	0.05	62.31	105	5	117	8
2021-10-25	$89.05	$87.00	13.5%	3.9%	10.4%	7.7%	13.2%	2.2%	-0.5%	79.1K	-315.8K	-1.3K	0.05	80.94	105	5	121	8
2021-10-26	$90.10	$87.00	12.1%	3.5%	10.3%	4.4%	10.6%	2.8%	0.2%	99.9K	-420.9K	-1.4K	0.05	85.67	111	6	121	8
2021-10-27	$91.51	$87.00	13.2%	3.8%	11.0%	7.0%	13.0%	0.9%	-0.4%	127.2K	-705.4K	-1.6K	0.05	96.86	127	6	142	9
2021-10-28	$89.54	$87.00	12.7%	3.7%	14.1%	5.9%	12.0%	1.6%	0.1%	123.7K	-416.8K	-1.6K	0.05	96.36	127	6	160	9
2021-10-29	$88.60	$87.00	14.1%	4.0%	14.4%	9.0%	12.8%	1.8%	-0.9%	99.1K	-294.8K	-1.3K	0.05	89.97	127	6	160	9