LTPZ Options History — July 2022

In July 2022, LTPZ traded between $64.93 and $70.60. ATM implied volatility averaged 20.4%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 0.7% (HV 20d: 19.6%). Max pain ranged from $66.00 to $71.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.00.

Notable Days

2022-07-29: Highest Volume — 197 contracts
2022-07-13: Largest IV drop — 26.5% change
2022-07-12: Highest IV Rank — 39.9%
2022-07-05: Largest Expected Move — 6.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$67.08	$64.93	$70.60	$66.54	$70.60
Max Pain	$67.45	$66.00	$71.00	$71.00	$69.00
ATM IV	20.4%	16.8%	28.1%	20.8%	16.8%
Expected Move	5.6%	4.8%	6.4%	6.0%	4.8%
HV 20d	19.6%	14.8%	25.7%	25.7%	15.6%
HV 60d	24.2%	22.0%	24.8%	24.2%	22.0%
IV Rank	28.5%	22.2%	39.9%	23.0%	22.2%
IV Percentile	77.7%	56.0%	98.8%	86.9%	56.0%
Term Structure	-0.1%	-0.6%	0.7%	0.5%	-0.0%
VWIV	19.6%	17.6%	22.5%	21.6%	17.6%
Skew 25d	0.2%	-0.8%	1.4%	-0.3%	-0.1%
Skew 10d	0.1%	-2.0%	2.2%	-1.5%	-0.2%
Call IV 25d	19.3%	17.0%	22.4%	20.8%	17.0%
Put IV 25d	19.5%	16.9%	22.0%	20.5%	16.9%
Bid-Ask Spread %	41.73	14.95	77.89	77.89	73.79
Gamma HHI	0.19	0.13	0.40	0.17	0.25
Net GEX	-3.0K	-25.2K	27.9K	-21.0K	3.5K
Net DEX	140.1K	-183.4K	383.0K	300.1K	-183.4K
Net VEX	-1.4K	-1.9K	-1.2K	-1.5K	-1.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	0.73	1.38	1.00	1.05
Total Volume	148.95	116	197	148	197
Total OI	182.2	141	223	188	223

Daily Data (20 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
2022-07-01	$66.54	$71.00	20.8%	6.0%	25.7%	23.0%	21.6%	-0.3%	0.5%	-21.0K	300.1K	-1.5K	1.00	77.89	74	74	86	102
2022-07-05	$66.94	$66.00	24.3%	6.4%	24.8%	30.9%	22.5%	-0.4%	-0.3%	-18.8K	232.0K	-1.7K	1.01	14.95	73	74	96	102
2022-07-06	$65.73	$66.00	23.2%	6.2%	25.0%	28.4%	22.4%	-0.8%	-0.4%	-17.5K	324.2K	-1.5K	1.01	16.38	73	74	96	103
2022-07-07	$65.31	$66.00	22.5%	6.1%	24.7%	26.9%	21.4%	-0.5%	-0.4%	-16.6K	366.8K	-1.4K	1.03	30.47	73	75	96	103
2022-07-08	$64.93	$66.00	21.4%	5.9%	24.7%	24.5%	21.1%	-0.3%	-0.3%	-14.2K	383.0K	-1.2K	1.01	23.38	74	75	95	99
2022-07-11	$65.28	$66.00	24.9%	6.0%	24.9%	32.4%	20.9%	0.3%	-0.6%	-15.4K	371.0K	-1.2K	0.99	30.99	76	75	96	99
2022-07-12	$65.97	$66.00	28.1%	6.0%	25.4%	39.9%	20.6%	0.6%	-0.1%	-16.2K	322.4K	-1.3K	0.97	32.56	76	74	91	98
2022-07-13	$66.82	$66.00	20.7%	5.9%	21.1%	22.7%	20.4%	0.2%	-0.4%	-19.3K	277.8K	-1.3K	1.07	25.77	76	81	90	98
2022-07-14	$66.74	$69.00	20.8%	6.0%	19.4%	37.1%	20.1%	1.1%	-0.4%	-18.7K	268.7K	-1.3K	1.02	18.99	80	82	90	98
2022-07-15	$67.24	$69.00	19.6%	5.6%	16.5%	32.5%	19.1%	1.4%	-0.3%	-25.2K	233.0K	-1.4K	1.12	24.63	73	82	93	98
2022-07-18	$66.74	$69.00	19.3%	5.5%	16.7%	31.3%	18.6%	0.0%	0.1%	6.4K	77.4K	-1.3K	1.03	43.98	59	61	92	49
2022-07-19	$66.49	$69.00	18.3%	5.2%	16.7%	27.8%	18.3%	1.1%	-0.2%	5.8K	97.7K	-1.2K	0.93	49.38	60	56	93	50
2022-07-20	$66.25	$69.00	18.4%	5.3%	16.3%	28.3%	18.3%	0.6%	0.7%	4.5K	117.6K	-1.2K	0.87	49.88	68	59	97	54
2022-07-21	$67.04	$67.00	18.3%	5.2%	14.8%	27.6%	18.0%	0.5%	0.4%	11.1K	45.3K	-1.4K	0.79	45.12	72	57	108	54
2022-07-22	$68.44	$67.00	18.3%	5.2%	16.6%	27.7%	18.1%	-0.1%	-0.0%	14.2K	-59.3K	-1.5K	0.73	40.65	79	58	107	56
2022-07-25	$67.87	$66.00	18.5%	5.3%	16.9%	28.4%	18.2%	0.4%	-0.5%	26.8K	-86.4K	-1.5K	0.76	51.91	80	61	126	43
2022-07-26	$68.24	$66.00	18.4%	5.3%	16.0%	28.1%	18.2%	0.0%	0.2%	27.9K	-107.0K	-1.6K	0.80	50.81	79	63	127	47
2022-07-27	$68.76	$67.00	17.7%	5.1%	15.5%	25.6%	17.7%	0.2%	-0.4%	26.8K	-124.1K	-1.6K	1.31	58.98	78	102	124	49
2022-07-28	$69.73	$69.00	17.3%	5.0%	15.2%	24.3%	18.9%	-0.2%	0.6%	-4.2K	-55.7K	-1.9K	1.38	74.14	74	102	120	96
2022-07-29	$70.60	$69.00	16.8%	4.8%	15.6%	22.2%	17.6%	-0.1%	-0.0%	3.5K	-183.4K	-1.9K	1.05	73.79	96	101	127	96