LTPZ Options History — December 2022

In December 2022, LTPZ traded between $58.28 and $64.40. ATM implied volatility averaged 22.8%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 2.5% (HV 20d: 25.3%). Max pain ranged from $59.00 to $64.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.17.

Notable Days

2022-12-09: Highest Volume — 467 contracts
2022-12-12: Largest IV spike — 45.5% change
2022-12-12: Highest IV Rank — 49.8%
2022-12-12: Largest Expected Move — 6.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.19	$58.28	$64.40	$62.08	$58.28
Max Pain	$59.38	$59.00	$64.00	$62.00	$59.00
ATM IV	22.8%	19.2%	33.9%	19.9%	22.3%
Expected Move	6.1%	5.2%	6.7%	5.7%	6.4%
HV 20d	25.3%	19.6%	26.9%	26.9%	19.6%
HV 60d	23.6%	21.0%	25.1%	23.5%	21.0%
IV Rank	24.0%	16.0%	49.8%	17.6%	20.8%
IV Percentile	76.5%	48.4%	97.6%	54.0%	77.4%
Term Structure	0.8%	-1.4%	2.2%	-1.4%	1.8%
VWIV	21.4%	18.4%	25.0%	19.4%	21.3%
Skew 25d	1.2%	-0.1%	2.2%	1.7%	2.2%
Skew 10d	3.0%	1.2%	6.6%	1.3%	2.8%
Call IV 25d	20.5%	17.0%	23.3%	18.6%	21.3%
Put IV 25d	21.7%	18.5%	24.6%	20.3%	23.4%
Bid-Ask Spread %	55.33	26.33	116.45	116.45	65.58
Gamma HHI	0.16	0.10	0.30	0.11	0.13
Net GEX	93.8K	52.7K	191.1K	56.9K	53.2K
Net DEX	-1.0M	-1.6M	-515.6K	-915.0K	-515.6K
Net VEX	-4.8K	-7.3K	-3.5K	-3.5K	-3.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.00	2.00	0.13	0.00
Total Volume	39.095	1	467	18	1
Total OI	794.667	524	1,137	527	723

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
2022-12-01	$62.08	$62.00	19.9%	5.7%	26.9%	17.6%	19.4%	1.7%	-1.4%	56.9K	-915.0K	-3.5K	0.13	116.45	16	2	442	85
2022-12-02	$63.84	$64.00	19.2%	5.5%	26.1%	16.0%	25.0%	-0.1%	-1.1%	52.7K	-1.2M	-3.5K	0.19	114.52	21	4	445	85
2022-12-05	$62.95	$59.00	21.2%	5.3%	26.9%	20.6%	19.1%	1.4%	0.6%	56.2K	-1.1M	-3.5K	0.00	43.55	13	0	441	83
2022-12-06	$63.29	$59.00	21.4%	5.3%	26.8%	21.1%	0.0%	1.3%	0.4%	146.3K	-1.4M	-4.1K	0.00	47.64	8	0	655	83
2022-12-07	$63.98	$59.00	20.9%	5.3%	26.9%	20.0%	20.3%	0.7%	0.7%	172.7K	-1.6M	-4.2K	0.00	50.95	42	0	658	83
2022-12-08	$64.40	$59.00	20.7%	5.2%	26.4%	19.5%	18.4%	1.6%	0.4%	191.1K	-1.6M	-4.0K	0.16	60.21	25	4	643	83
2022-12-09	$62.34	$59.00	23.3%	5.7%	26.2%	25.4%	19.3%	1.6%	-0.7%	97.4K	-923.7K	-3.6K	0.00	43.57	466	1	626	85
2022-12-12	$62.23	$59.00	33.9%	6.7%	26.1%	49.8%	0.0%	1.4%	1.1%	152.0K	-1.4M	-7.3K	0.13	26.33	8	1	1,048	81
2022-12-13	$62.05	$59.00	30.5%	6.5%	25.5%	42.1%	0.0%	1.2%	0.7%	125.0K	-1.3M	-6.7K	0.30	28.84	20	6	1,048	82
2022-12-14	$61.63	$59.00	22.2%	6.4%	25.3%	23.0%	22.4%	0.9%	1.4%	109.3K	-1.2M	-6.6K	0.11	37.81	19	2	1,049	88
2022-12-15	$61.71	$59.00	22.0%	6.3%	25.2%	22.4%	22.1%	0.9%	1.0%	109.1K	-1.3M	-6.6K	0.00	46.93	57	0	1,046	66
2022-12-16	$60.98	$59.00	22.4%	6.4%	25.2%	23.4%	0.0%	1.0%	1.1%	107.9K	-1.1M	-6.3K	0.00	37.96	1	0	1,064	66
2022-12-19	$60.24	$59.00	22.7%	6.5%	25.3%	24.1%	0.0%	1.8%	1.1%	84.0K	-952.6K	-5.7K	0.00	38.89	3	0	748	22
2022-12-20	$59.96	$59.00	22.6%	6.5%	25.0%	23.7%	22.2%	0.7%	1.1%	80.7K	-892.6K	-5.4K	0.00	49.35	73	0	750	22
2022-12-21	$60.53	$59.00	22.0%	6.3%	25.0%	22.4%	22.4%	1.0%	2.2%	76.4K	-834.7K	-5.0K	0.22	49.13	9	2	683	22
2022-12-22	$59.91	$59.00	22.2%	6.4%	24.5%	22.9%	22.0%	1.3%	1.2%	69.3K	-743.5K	-4.6K	0.00	61.37	1	0	689	24
2022-12-23	$59.23	$59.00	21.8%	6.2%	24.8%	21.9%	0.0%	1.0%	2.2%	62.7K	-651.0K	-4.2K	0.00	60.46	0	1	689	24
2022-12-27	$58.50	$59.00	23.1%	6.6%	25.2%	23.3%	0.0%	1.1%	1.2%	56.7K	-561.6K	-3.8K	0.00	63.39	0	9	689	23
2022-12-28	$58.34	$59.00	23.1%	6.6%	24.7%	23.2%	24.3%	1.4%	1.1%	54.1K	-522.3K	-3.8K	2.00	62.39	1	2	689	32
2022-12-29	$58.52	$59.00	22.4%	6.4%	23.7%	20.9%	22.0%	1.4%	1.1%	56.9K	-555.7K	-3.9K	0.00	56.65	3	0	690	34
2022-12-30	$58.28	$59.00	22.3%	6.4%	19.6%	20.8%	21.3%	2.2%	1.8%	53.2K	-515.6K	-3.7K	0.00	65.58	1	0	689	34