LTPZ Options History — September 2022

In September 2022, LTPZ traded between $56.07 and $65.27. ATM implied volatility averaged 21.4%, placing in the 37.1% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 0.5% (HV 20d: 20.9%). Max pain ranged from $63.00 to $68.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.62.

Notable Days

2022-09-16: Highest Volume — 313 contracts
2022-09-12: Largest IV spike — 28.7% change
2022-09-27: Highest IV Rank — 54.9%
2022-09-27: Largest Expected Move — 7.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.58	$56.07	$65.27	$64.52	$56.07
Max Pain	$65.33	$63.00	$68.00	$68.00	$63.00
ATM IV	21.4%	18.6%	26.3%	20.2%	24.6%
Expected Move	6.0%	5.3%	7.5%	5.8%	7.0%
HV 20d	20.9%	18.9%	26.3%	18.9%	25.1%
HV 60d	20.2%	18.7%	22.2%	21.4%	21.9%
IV Rank	37.1%	26.1%	54.9%	34.6%	48.2%
IV Percentile	82.7%	65.9%	98.4%	78.6%	96.8%
Term Structure	0.3%	-1.9%	1.2%	-0.4%	-0.1%
VWIV	20.8%	16.5%	26.0%	20.1%	23.7%
Skew 25d	1.8%	0.3%	3.0%	0.3%	2.4%
Skew 10d	2.0%	-3.2%	5.1%	-0.9%	1.3%
Call IV 25d	19.8%	17.5%	24.2%	19.2%	22.7%
Put IV 25d	21.6%	19.2%	26.3%	19.6%	25.1%
Bid-Ask Spread %	63.57	30.35	109.32	107.58	88.32
Gamma HHI	0.17	0.09	0.65	0.19	0.13
Net GEX	-5.0K	-69.5K	11.7K	-14.3K	11.5K
Net DEX	317.7K	152.8K	482.5K	369.1K	302.5K
Net VEX	-1.5K	-2.0K	-1.1K	-1.4K	-1.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.62	0.00	5.75	5.75	0.58
Total Volume	116.619	5	313	27	269
Total OI	297	235	361	247	360

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
2022-09-01	$64.52	$68.00	20.2%	5.8%	18.9%	34.6%	20.1%	0.3%	-0.4%	-14.3K	369.1K	-1.4K	5.75	107.58	4	23	143	104
2022-09-02	$65.27	$68.00	19.8%	5.7%	19.3%	33.3%	19.7%	1.7%	-0.6%	-30.3K	372.4K	-1.6K	0.13	109.32	40	5	145	127
2022-09-06	$63.73	$66.00	23.1%	6.0%	19.7%	45.5%	20.4%	1.1%	-0.7%	-12.1K	424.6K	-1.5K	0.63	42.68	112	70	185	122
2022-09-07	$64.60	$66.00	20.8%	5.9%	20.6%	35.9%	19.8%	2.4%	0.7%	-20.3K	396.6K	-1.5K	0.77	30.35	113	87	166	129
2022-09-08	$63.82	$66.00	20.4%	5.7%	20.8%	34.3%	20.1%	2.4%	0.8%	-8.7K	415.8K	-1.3K	0.00	30.79	0	11	167	112
2022-09-09	$63.72	$66.00	18.8%	5.5%	20.0%	28.1%	0.0%	1.9%	1.2%	-7.0K	423.7K	-1.3K	5.00	39.76	2	10	169	111
2022-09-12	$62.89	$66.00	24.1%	5.6%	20.0%	47.8%	19.2%	2.1%	0.9%	-8.7K	482.5K	-1.1K	2.19	48.61	16	35	171	111
2022-09-13	$62.80	$66.00	20.9%	5.6%	20.0%	35.0%	18.7%	2.4%	0.2%	-2.6K	376.6K	-1.3K	0.74	46.92	135	100	190	112
2022-09-14	$63.30	$66.00	18.6%	5.3%	20.1%	26.1%	17.6%	1.7%	1.2%	8.5K	338.0K	-1.3K	0.91	50.39	11	10	190	111
2022-09-15	$63.05	$65.00	19.6%	5.6%	20.1%	29.7%	16.5%	1.6%	0.5%	11.7K	371.7K	-1.5K	1.00	53.47	17	17	201	121
2022-09-16	$62.17	$65.00	19.3%	5.5%	19.2%	28.4%	19.1%	2.3%	1.1%	-69.5K	419.9K	-1.5K	0.66	56.78	188	125	198	128
2022-09-19	$61.83	$65.00	19.7%	5.6%	19.2%	29.3%	19.9%	1.8%	0.6%	4.3K	152.8K	-1.7K	2.25	61.54	4	9	166	69
2022-09-20	$61.61	$65.00	20.0%	5.7%	19.2%	30.7%	21.1%	2.5%	-0.1%	1.7K	173.1K	-1.7K	5.00	62.95	2	10	170	76
2022-09-21	$62.01	$65.00	19.9%	5.7%	19.6%	30.1%	0.0%	1.7%	0.5%	-461	161.1K	-1.8K	0.00	60.17	8	0	171	84
2022-09-22	$60.55	$65.00	20.5%	5.9%	20.8%	32.7%	19.4%	0.7%	0.8%	-319	232.6K	-1.6K	0.00	68.65	53	0	176	84
2022-09-23	$60.35	$65.00	21.7%	6.2%	20.2%	37.1%	21.8%	1.0%	0.3%	3.3K	186.1K	-2.0K	4.00	65.95	1	4	225	84
2022-09-26	$58.53	$65.00	24.2%	7.0%	21.3%	47.0%	26.0%	1.0%	-0.8%	3.6K	272.3K	-1.5K	0.73	73.41	137	100	224	84
2022-09-27	$56.91	$65.00	26.3%	7.5%	22.5%	54.9%	25.5%	2.1%	-1.9%	4.2K	333.4K	-1.5K	0.71	83.02	140	100	241	94
2022-09-28	$58.57	$63.00	23.8%	6.8%	25.8%	45.4%	23.9%	3.0%	0.9%	10.1K	191.2K	-2.0K	0.66	78.73	149	98	261	94
2022-09-29	$56.98	$63.00	23.7%	6.8%	26.3%	45.0%	22.6%	2.0%	0.1%	10.9K	275.8K	-1.6K	0.73	75.59	135	99	268	93
2022-09-30	$56.07	$63.00	24.6%	7.0%	25.1%	48.2%	23.7%	2.4%	-0.1%	11.5K	302.5K	-1.5K	0.58	88.32	170	99	268	92