LTPZ Options History — February 2023

In February 2023, LTPZ traded between $58.98 and $62.33. ATM implied volatility averaged 21.4%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 2.7% (HV 20d: 18.7%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 1.56.

Notable Days

2023-02-06: Highest Volume — 158 contracts
2023-02-08: Largest IV drop — 20.4% change
2023-02-07: Highest IV Rank — 28.2%
2023-02-13: Largest Expected Move — 6.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.27	$58.98	$62.33	$62.33	$59.56
Max Pain	$56.79	$55.00	$60.00	$60.00	$57.00
ATM IV	21.4%	18.7%	26.0%	19.2%	20.7%
Expected Move	6.0%	5.3%	6.6%	5.5%	5.9%
HV 20d	18.7%	15.8%	22.0%	20.9%	16.4%
HV 60d	21.1%	19.9%	22.7%	22.3%	19.9%
IV Rank	16.9%	11.3%	28.2%	12.5%	15.2%
IV Percentile	57.3%	29.4%	93.7%	33.3%	48.4%
Term Structure	-0.6%	-2.1%	0.5%	-0.4%	-1.0%
VWIV	20.9%	18.2%	25.8%	19.0%	20.7%
Skew 25d	1.5%	0.8%	3.2%	1.0%	1.5%
Skew 10d	1.5%	0.4%	3.5%	0.9%	0.4%
Call IV 25d	20.0%	18.0%	21.7%	18.3%	20.4%
Put IV 25d	21.5%	18.8%	23.5%	19.3%	21.9%
Bid-Ask Spread %	56.45	38.90	71.59	63.45	70.93
Gamma HHI	0.10	0.07	0.20	0.20	0.10
Net GEX	64.6K	22.3K	153.1K	153.1K	32.4K
Net DEX	-504.7K	-1.1M	-164.4K	-1.1M	-278.6K
Net VEX	-4.3K	-5.9K	-3.8K	-5.9K	-3.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.56	0.00	8.33	0.00	0.02
Total Volume	27.737	1	158	10	59
Total OI	1,654	1,476	1,761	1,476	1,659

Daily Data (19 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
2023-02-01	$62.33	$60.00	19.2%	5.5%	20.9%	12.5%	19.0%	1.0%	-0.4%	153.1K	-1.1M	-5.9K	0.00	63.45	10	0	1,371	105
2023-02-02	$62.06	$55.00	18.7%	5.3%	20.9%	11.3%	18.2%	0.8%	0.5%	145.5K	-1.0M	-5.6K	0.54	44.13	13	7	1,376	105
2023-02-03	$60.98	$55.00	21.0%	5.8%	22.0%	16.8%	20.4%	1.1%	-0.0%	105.4K	-782.4K	-5.0K	2.95	41.43	19	56	1,385	112
2023-02-06	$60.72	$56.00	23.3%	5.9%	20.8%	21.8%	25.8%	1.4%	-0.1%	87.1K	-640.2K	-4.4K	8.29	38.90	17	141	1,395	168
2023-02-07	$60.85	$56.00	26.0%	6.3%	20.7%	28.2%	21.2%	1.4%	-1.3%	91.4K	-701.1K	-4.9K	0.00	43.78	35	0	1,398	309
2023-02-08	$61.63	$56.00	20.7%	5.9%	20.9%	15.1%	21.1%	1.5%	-0.5%	117.7K	-897.6K	-4.8K	1.25	49.72	4	5	1,414	309
2023-02-09	$60.87	$57.00	21.0%	6.0%	21.1%	15.9%	21.0%	1.2%	-0.6%	88.0K	-667.8K	-4.3K	0.03	49.93	35	1	1,414	314
2023-02-10	$60.06	$57.00	21.8%	6.2%	20.6%	17.7%	21.2%	0.9%	-0.9%	62.4K	-484.4K	-4.2K	0.29	50.88	7	2	1,402	313
2023-02-13	$60.37	$57.00	23.2%	6.6%	19.2%	21.1%	0.0%	1.4%	-2.1%	64.1K	-513.0K	-4.1K	1.00	49.78	1	1	1,406	313
2023-02-14	$60.23	$57.00	22.6%	6.5%	19.0%	19.6%	0.0%	3.2%	-1.4%	57.8K	-451.7K	-3.9K	8.33	49.99	3	25	1,406	312
2023-02-15	$59.95	$57.00	21.8%	6.2%	17.7%	17.7%	21.0%	1.7%	-0.6%	44.4K	-374.0K	-4.0K	2.50	61.87	4	10	1,403	337
2023-02-16	$59.44	$57.00	21.6%	6.2%	17.1%	17.4%	0.0%	2.8%	-0.2%	22.4K	-236.6K	-4.1K	1.17	55.02	6	7	1,401	347
2023-02-17	$59.88	$57.00	20.3%	5.8%	16.8%	14.0%	22.2%	1.5%	-0.1%	22.3K	-297.9K	-4.1K	1.00	60.82	2	2	1,407	354
2023-02-21	$59.19	$57.00	22.6%	6.5%	17.2%	19.6%	21.3%	1.6%	-1.0%	24.3K	-219.4K	-3.9K	1.25	63.09	8	10	1,350	270
2023-02-22	$59.19	$57.00	20.3%	5.8%	15.8%	14.0%	0.0%	1.2%	0.5%	30.7K	-225.3K	-3.9K	0.00	69.76	1	0	1,357	280
2023-02-23	$59.71	$57.00	19.6%	5.6%	16.0%	12.5%	19.5%	1.4%	-0.4%	30.1K	-292.3K	-3.8K	0.00	71.59	3	0	1,358	280
2023-02-24	$58.98	$57.00	20.5%	5.9%	16.2%	14.5%	20.3%	1.6%	-1.2%	23.1K	-164.4K	-3.8K	1.00	67.56	16	16	1,358	280
2023-02-27	$59.06	$57.00	21.1%	6.1%	16.3%	16.1%	0.0%	1.4%	-1.4%	26.0K	-184.1K	-3.9K	0.00	69.84	1	0	1,365	293
2023-02-28	$59.56	$57.00	20.7%	5.9%	16.4%	15.2%	20.7%	1.5%	-1.0%	32.4K	-278.6K	-3.9K	0.02	70.93	58	1	1,366	293