LTPZ Options History — February 2022

In February 2022, LTPZ traded between $79.82 and $85.46. ATM implied volatility averaged 15.8%, placing in the 11.6% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 0.1% (HV 20d: 15.7%). Max pain ranged from $81.00 to $85.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.21.

Notable Days

2022-02-18: Highest Volume — 95 contracts
2022-02-28: Largest IV spike — 12.4% change
2022-02-28: Highest IV Rank — 16.9%
2022-02-28: Largest Expected Move — 5.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$81.84	$79.82	$85.46	$84.34	$85.46
Max Pain	$82.32	$81.00	$85.00	$85.00	$84.00
ATM IV	15.8%	14.0%	18.1%	14.2%	18.1%
Expected Move	4.5%	4.0%	5.2%	4.1%	5.2%
HV 20d	15.7%	14.1%	21.1%	17.2%	21.1%
HV 60d	15.4%	14.4%	17.0%	15.9%	17.0%
IV Rank	11.6%	7.4%	16.9%	7.9%	16.9%
IV Percentile	83.8%	57.5%	98.4%	64.7%	98.4%
Term Structure	-0.6%	-1.6%	0.4%	0.4%	-1.5%
VWIV	15.1%	13.4%	17.0%	14.1%	16.2%
Skew 25d	1.0%	-1.2%	1.8%	0.6%	-1.2%
Skew 10d	1.8%	-1.1%	5.2%	-0.2%	-0.4%
Call IV 25d	15.2%	13.5%	18.8%	13.5%	18.8%
Put IV 25d	16.2%	14.1%	17.6%	14.1%	17.6%
Bid-Ask Spread %	96.00	85.72	110.70	101.92	95.62
Gamma HHI	0.44	0.24	0.67	0.46	0.42
Net GEX	10.9K	3.3K	24.8K	11.1K	24.8K
Net DEX	-30.7K	-228.6K	37.7K	-72.4K	-228.6K
Net VEX	-270	-428	-145	-318	-301
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.21	0.14	0.31	0.14	0.31
Total Volume	68.895	58	95	58	68
Total OI	46.053	35	58	35	55

Daily Data (19 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
2022-02-01	$84.34	$85.00	14.2%	4.1%	17.2%	7.9%	14.1%	0.6%	0.4%	11.1K	-72.4K	-318	0.14	101.92	51	7	30	5
2022-02-02	$84.09	$85.00	14.0%	4.0%	15.5%	7.4%	13.4%	1.0%	-0.4%	11.3K	-65.1K	-307	0.14	100.81	51	7	30	5
2022-02-03	$83.01	$84.00	14.2%	4.1%	15.5%	8.0%	13.9%	1.2%	-0.3%	9.7K	-36.8K	-271	0.14	85.72	51	7	30	5
2022-02-04	$81.76	$84.00	14.4%	4.2%	16.1%	8.4%	14.6%	1.0%	-0.3%	9.9K	-9.3K	-219	0.17	90.66	54	9	33	5
2022-02-07	$81.98	$81.00	14.9%	4.3%	16.1%	9.5%	14.2%	1.2%	-0.3%	8.9K	-4.8K	-231	0.19	88.72	54	10	33	7
2022-02-08	$81.81	$81.00	14.6%	4.2%	16.1%	8.8%	14.1%	1.5%	-0.2%	7.4K	3.5K	-226	0.19	93.15	54	10	33	8
2022-02-09	$82.09	$81.00	14.5%	4.2%	14.7%	8.5%	13.9%	1.8%	0.3%	7.8K	-2.4K	-226	0.19	91.37	54	10	33	8
2022-02-10	$80.70	$81.00	15.5%	4.4%	15.2%	10.9%	14.7%	1.4%	-0.7%	5.5K	24.4K	-168	0.18	90.32	56	10	33	8
2022-02-11	$81.34	$81.00	16.6%	4.7%	15.6%	13.3%	15.8%	1.2%	-1.1%	8.8K	5.7K	-199	0.16	93.03	61	10	34	7
2022-02-14	$81.02	$81.00	16.7%	4.8%	14.7%	13.7%	16.0%	1.3%	-1.0%	11.3K	3.9K	-206	0.16	102.13	61	10	39	7
2022-02-15	$79.82	$81.00	16.6%	4.8%	15.3%	13.4%	15.2%	1.1%	-0.8%	8.1K	24.6K	-145	0.18	101.09	61	11	39	7
2022-02-16	$80.40	$81.00	15.6%	4.5%	15.7%	11.0%	14.5%	1.4%	0.0%	6.5K	34.1K	-190	0.25	110.70	63	16	39	11
2022-02-17	$80.02	$81.00	16.7%	4.8%	15.7%	13.5%	17.0%	0.8%	-0.3%	3.3K	37.7K	-224	0.25	103.50	63	16	41	13
2022-02-18	$80.98	$81.00	16.5%	4.7%	15.1%	13.2%	15.7%	0.9%	-0.2%	9.3K	11.7K	-252	0.28	92.38	74	21	41	13
2022-02-22	$81.51	$83.00	17.0%	4.9%	15.4%	14.4%	16.3%	0.8%	-0.9%	14.4K	-75.6K	-411	0.21	93.31	66	14	45	9
2022-02-23	$81.30	$83.00	17.1%	4.9%	15.1%	14.4%	15.5%	1.1%	-1.6%	13.7K	-66.2K	-395	0.28	90.43	50	14	45	9
2022-02-24	$81.45	$83.00	17.5%	5.0%	15.0%	15.4%	17.0%	0.9%	-1.2%	16.2K	-79.8K	-428	0.31	95.64	51	16	48	9
2022-02-25	$81.87	$83.00	16.1%	4.6%	14.1%	12.3%	15.6%	0.7%	-0.9%	18.4K	-88.8K	-418	0.31	103.53	52	16	49	9
2022-02-28	$85.46	$84.00	18.1%	5.2%	21.1%	16.9%	16.2%	-1.2%	-1.5%	24.8K	-228.6K	-301	0.31	95.62	52	16	46	9