LTPZ Options History — October 2022

In October 2022, LTPZ traded between $55.22 and $57.51. ATM implied volatility averaged 25.4%, placing in the 51.5% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 1.2% (HV 20d: 24.2%). Max pain ranged from $55.00 to $61.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.39.

Notable Days

2022-10-10: Highest Volume — 384 contracts
2022-10-31: Largest IV spike — 70.2% change
2022-10-31: Highest IV Rank — 97.1%
2022-10-31: Largest Expected Move — 10.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$56.42	$55.22	$57.51	$57.42	$57.28
Max Pain	$56.62	$55.00	$61.00	$59.00	$55.00
ATM IV	25.4%	21.3%	37.2%	23.0%	37.2%
Expected Move	7.3%	6.1%	10.7%	6.6%	10.7%
HV 20d	24.2%	15.4%	26.6%	26.6%	15.4%
HV 60d	22.1%	21.0%	22.7%	22.6%	21.0%
IV Rank	51.5%	35.6%	97.1%	42.1%	97.1%
IV Percentile	93.1%	80.6%	99.6%	91.3%	99.6%
Term Structure	-1.5%	-18.0%	6.7%	0.5%	-11.7%
VWIV	25.9%	21.0%	42.5%	22.8%	42.5%
Skew 25d	2.7%	-7.8%	15.3%	2.0%	6.8%
Skew 10d	-2.1%	-48.2%	3.9%	2.3%	-48.2%
Call IV 25d	26.0%	20.5%	58.4%	21.7%	58.4%
Put IV 25d	28.7%	21.8%	65.1%	23.7%	65.1%
Bid-Ask Spread %	73.23	47.95	141.54	82.48	141.54
Gamma HHI	0.15	0.13	0.24	0.14	0.14
Net GEX	35.0K	14.5K	56.8K	22.5K	40.1K
Net DEX	25.5K	-356.3K	237.7K	118.7K	-356.3K
Net VEX	-2.2K	-3.2K	-1.5K	-1.9K	-3.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.39	0.34	0.61	0.61	0.37
Total Volume	325.571	260	384	261	284
Total OI	442.762	381	488	381	483

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
2022-10-03	$57.42	$59.00	23.0%	6.6%	26.6%	42.1%	22.8%	2.0%	0.5%	22.5K	118.7K	-1.9K	0.61	82.48	162	99	294	87
2022-10-04	$57.51	$60.00	21.3%	6.1%	25.9%	35.6%	21.2%	1.8%	0.4%	22.0K	122.7K	-1.9K	0.48	81.89	207	99	294	87
2022-10-05	$56.47	$61.00	22.0%	6.3%	25.3%	38.4%	22.0%	0.6%	1.4%	25.9K	172.1K	-1.9K	0.48	89.66	209	100	324	87
2022-10-06	$55.92	$59.00	22.3%	6.5%	25.3%	39.6%	21.0%	1.8%	0.9%	44.3K	115.8K	-1.9K	0.40	50.21	253	102	382	88
2022-10-07	$56.04	$59.00	21.7%	6.4%	25.4%	37.2%	21.4%	2.0%	0.3%	45.3K	116.3K	-1.9K	0.40	54.12	258	103	385	89
2022-10-10	$55.34	$56.00	24.2%	7.0%	25.4%	46.8%	22.9%	2.5%	0.5%	22.2K	237.7K	-1.5K	0.37	57.57	281	103	301	91
2022-10-11	$56.06	$56.00	24.9%	7.0%	26.2%	49.7%	23.2%	2.7%	-0.9%	29.8K	128.5K	-2.0K	0.35	49.63	262	93	328	91
2022-10-12	$56.38	$56.00	25.6%	7.3%	26.1%	52.3%	23.7%	3.4%	-1.5%	32.3K	73.0K	-2.1K	0.35	50.68	268	93	338	91
2022-10-13	$56.30	$56.00	24.1%	6.9%	26.1%	46.6%	23.2%	2.3%	-0.6%	34.3K	93.3K	-2.0K	0.34	52.49	268	91	343	91
2022-10-14	$56.83	$56.00	24.4%	7.0%	26.5%	47.7%	23.9%	2.5%	-0.7%	33.4K	56.6K	-2.2K	0.34	47.95	266	91	340	92
2022-10-17	$56.96	$56.00	23.8%	6.8%	26.6%	45.2%	31.5%	-7.8%	-0.2%	36.1K	55.5K	-2.0K	0.34	57.03	259	88	340	92
2022-10-18	$56.50	$56.00	23.2%	6.6%	26.6%	43.0%	21.6%	2.6%	-0.4%	34.9K	126.8K	-1.8K	0.39	66.15	246	96	337	93
2022-10-19	$55.86	$56.00	24.1%	6.9%	26.4%	46.6%	23.0%	3.2%	-1.3%	50.0K	146.9K	-1.8K	0.37	66.56	256	95	367	103
2022-10-20	$55.90	$56.00	26.1%	7.5%	25.5%	54.4%	24.9%	3.0%	-0.9%	56.8K	117.2K	-2.0K	0.38	56.60	250	96	382	106
2022-10-21	$55.22	$56.00	29.1%	8.4%	25.7%	66.0%	27.2%	3.9%	-1.7%	14.5K	230.9K	-1.9K	0.41	57.45	261	108	382	106
2022-10-24	$55.92	$56.00	27.6%	7.9%	24.4%	60.1%	27.2%	2.3%	-0.7%	24.4K	-26.7K	-2.2K	0.41	64.28	184	76	340	68
2022-10-25	$56.41	$55.00	25.9%	7.4%	22.7%	53.3%	25.6%	1.5%	-0.9%	35.5K	-145.2K	-2.5K	0.37	62.03	204	76	375	71
2022-10-26	$56.15	$55.00	26.0%	7.4%	19.9%	53.8%	24.7%	2.1%	-1.8%	38.0K	-172.9K	-2.8K	0.37	71.59	207	76	400	71
2022-10-27	$57.06	$55.00	34.9%	10.0%	18.5%	88.4%	38.9%	2.2%	-18.0%	45.7K	-331.7K	-3.1K	0.37	140.14	210	77	406	71
2022-10-28	$57.39	$55.00	21.9%	6.3%	17.5%	37.4%	31.9%	15.3%	6.7%	47.9K	-343.6K	-3.2K	0.38	137.74	203	77	410	72
2022-10-31	$57.28	$55.00	37.2%	10.7%	15.4%	97.1%	42.5%	6.8%	-11.7%	40.1K	-356.3K	-3.2K	0.37	141.54	207	77	411	72