LTPZ Options History — November 2022

In November 2022, LTPZ traded between $55.86 and $60.17. ATM implied volatility averaged 24.6%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 4.3% (HV 20d: 20.3%). Max pain ranged from $55.00 to $64.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.60.

Notable Days

2022-11-16: Highest Volume — 439 contracts
2022-11-04: Largest IV drop — 55.7% change
2022-11-01: Highest IV Rank — 100.0%
2022-11-02: Largest Expected Move — 16.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$58.07	$55.86	$60.17	$57.59	$60.00
Max Pain	$61.52	$55.00	$64.00	$55.00	$64.00
ATM IV	24.6%	18.4%	55.7%	43.4%	20.3%
Expected Move	6.9%	5.3%	16.0%	12.4%	5.8%
HV 20d	20.3%	13.9%	24.5%	15.5%	24.5%
HV 60d	22.4%	20.8%	23.9%	20.8%	22.6%
IV Rank	29.9%	14.3%	100.0%	100.0%	18.5%
IV Percentile	71.8%	47.2%	100.0%	100.0%	61.1%
Term Structure	-1.9%	-30.9%	6.2%	6.2%	-2.1%
VWIV	25.9%	19.5%	60.3%	60.3%	19.6%
Skew 25d	0.7%	-5.4%	2.9%	2.2%	0.9%
Skew 10d	1.7%	-2.8%	8.0%	-0.9%	5.1%
Call IV 25d	26.3%	16.9%	80.0%	80.0%	18.9%
Put IV 25d	27.0%	19.2%	82.2%	82.2%	19.9%
Bid-Ask Spread %	105.92	87.33	161.15	144.69	121.71
Gamma HHI	0.28	0.12	0.58	0.13	0.13
Net GEX	100.8K	34.5K	218.8K	34.5K	56.5K
Net DEX	-562.3K	-1.3M	-125.5K	-432.3K	-597.0K
Net VEX	-3.3K	-3.8K	-2.5K	-3.5K	-3.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.60	0.00	18.00	0.33	10.00
Total Volume	280.571	11	439	310	11
Total OI	563.333	468	698	488	526

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
2022-11-01	$57.59	$55.00	43.4%	12.4%	15.5%	100.0%	60.3%	2.2%	6.2%	34.5K	-432.3K	-3.5K	0.33	144.69	233	77	416	72
2022-11-02	$57.54	$55.00	55.7%	16.0%	13.9%	100.0%	60.3%	-1.3%	-30.9%	39.8K	-520.1K	-3.7K	0.36	161.15	214	77	401	72
2022-11-03	$56.15	$62.00	46.3%	10.6%	16.2%	78.4%	40.8%	-5.4%	2.4%	34.9K	-393.6K	-3.3K	0.36	137.51	227	82	396	72
2022-11-04	$56.05	$62.00	20.5%	6.1%	16.2%	19.1%	21.2%	2.1%	-0.5%	48.8K	-125.5K	-2.5K	0.25	90.75	328	81	409	80
2022-11-07	$56.06	$62.00	21.8%	6.0%	15.5%	22.1%	20.1%	2.2%	0.2%	81.5K	-174.3K	-2.5K	0.25	88.78	328	82	487	79
2022-11-08	$56.29	$62.00	22.2%	6.1%	14.9%	22.9%	21.0%	1.7%	-0.6%	93.3K	-248.8K	-2.5K	0.28	89.63	291	82	487	69
2022-11-09	$55.86	$62.00	21.3%	6.1%	15.0%	20.8%	21.1%	2.9%	-0.8%	100.1K	-198.8K	-2.6K	0.28	89.82	295	82	587	69
2022-11-10	$58.37	$62.00	19.3%	5.5%	21.7%	16.3%	19.6%	1.7%	-0.3%	189.8K	-1.0M	-3.8K	0.36	89.50	237	86	609	69
2022-11-11	$58.24	$61.00	18.4%	5.3%	21.6%	14.3%	19.7%	2.4%	0.7%	217.9K	-991.3K	-3.6K	0.35	89.14	247	87	606	75
2022-11-14	$57.46	$64.00	20.0%	5.7%	22.2%	17.9%	21.2%	0.8%	-0.6%	214.6K	-584.6K	-3.2K	0.34	89.07	266	90	594	76
2022-11-15	$58.43	$64.00	20.8%	6.0%	22.7%	19.6%	21.2%	0.8%	-1.6%	218.8K	-1.1M	-3.6K	0.33	87.33	256	84	615	80
2022-11-16	$58.97	$64.00	20.5%	5.9%	22.3%	19.1%	22.9%	0.7%	-0.8%	204.6K	-1.3M	-3.6K	0.24	91.61	355	84	619	79
2022-11-17	$58.30	$64.00	20.8%	6.0%	22.8%	19.6%	21.5%	1.0%	-0.4%	127.8K	-607.4K	-3.2K	0.34	100.97	253	86	502	79
2022-11-18	$57.70	$64.00	20.3%	5.8%	22.7%	18.6%	20.6%	0.9%	-1.1%	135.4K	-429.1K	-3.1K	0.33	101.71	258	86	501	81
2022-11-21	$58.56	$64.00	20.0%	5.7%	22.8%	18.0%	21.1%	0.7%	-0.3%	45.3K	-340.5K	-3.2K	0.34	105.53	218	74	411	69
2022-11-22	$59.12	$61.00	20.8%	6.0%	22.9%	19.7%	24.0%	0.1%	-1.1%	47.9K	-427.1K	-3.3K	0.30	104.38	217	65	416	69
2022-11-23	$60.17	$60.00	21.0%	6.0%	23.3%	20.2%	19.5%	-1.3%	-2.8%	56.8K	-650.4K	-3.5K	0.28	106.25	230	65	438	70
2022-11-25	$59.93	$60.00	21.9%	6.3%	23.0%	22.2%	0.0%	0.0%	-2.1%	56.5K	-623.5K	-3.6K	0.00	112.03	26	0	442	70
2022-11-28	$59.77	$60.00	20.6%	5.9%	23.0%	19.3%	20.7%	0.4%	-1.9%	59.7K	-596.4K	-3.4K	18.00	113.68	1	18	442	70
2022-11-29	$58.90	$60.00	21.3%	6.1%	23.7%	20.8%	20.8%	2.0%	-2.3%	53.3K	-445.1K	-3.4K	0.18	109.03	11	2	443	83
2022-11-30	$60.00	$64.00	20.3%	5.8%	24.5%	18.5%	19.6%	0.9%	-2.1%	56.5K	-597.0K	-3.4K	10.00	121.71	1	10	441	85