LTPZ Options History — April 2023

In April 2023, LTPZ traded between $60.77 and $62.81. ATM implied volatility averaged 22.7%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 7.9% (HV 20d: 14.8%). Max pain ranged from $60.00 to $62.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 2.21.

Notable Days

2023-04-04: Highest Volume — 319 contracts
2023-04-18: Largest IV spike — 41.6% change
2023-04-18: Highest IV Rank — 36.5%
2023-04-18: Largest Expected Move — 8.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.71	$60.77	$62.81	$61.55	$61.39
Max Pain	$60.84	$60.00	$62.00	$60.00	$61.00
ATM IV	22.7%	20.4%	29.5%	21.4%	21.8%
Expected Move	6.6%	5.8%	8.5%	6.1%	6.3%
HV 20d	14.8%	11.0%	20.6%	20.6%	11.0%
HV 60d	18.0%	16.6%	19.5%	19.5%	16.6%
IV Rank	20.0%	14.3%	36.5%	16.9%	17.8%
IV Percentile	60.9%	32.1%	94.8%	51.2%	57.5%
Term Structure	-0.0%	-13.7%	5.1%	-0.2%	-0.1%
VWIV	23.2%	20.9%	29.8%	22.9%	23.4%
Skew 25d	-3.1%	-16.1%	2.7%	-2.5%	-3.4%
Skew 10d	-2.4%	-6.1%	7.9%	-2.0%	-6.1%
Call IV 25d	25.1%	21.6%	38.4%	23.3%	24.3%
Put IV 25d	21.9%	19.8%	29.4%	20.8%	21.0%
Bid-Ask Spread %	41.87	18.15	144.56	43.38	34.70
Gamma HHI	0.19	0.09	0.67	0.12	0.14
Net GEX	72.2K	9.6K	318.4K	44.5K	45.5K
Net DEX	-637.5K	-1.1M	-311.4K	-522.4K	-760.0K
Net VEX	-10.0K	-12.6K	-5.1K	-5.1K	-12.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.21	0.00	32.00	0.18	0.22
Total Volume	39.421	1	319	13	11
Total OI	998.053	629	1,173	641	1,173

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
2023-04-03	$61.55	$60.00	21.4%	6.1%	20.6%	16.9%	0.0%	-2.5%	-0.2%	44.5K	-522.4K	-5.1K	0.18	43.38	11	2	346	295
2023-04-04	$61.92	$60.00	27.1%	7.8%	20.5%	30.5%	0.0%	2.7%	5.1%	46.1K	-572.5K	-5.3K	0.46	144.56	218	101	336	293
2023-04-05	$62.30	$60.00	22.3%	6.4%	20.0%	19.0%	22.9%	-2.5%	0.7%	57.5K	-902.6K	-11.0K	3.00	50.88	2	6	554	464
2023-04-06	$62.81	$60.00	23.1%	6.7%	20.0%	20.8%	23.8%	-1.6%	0.1%	60.6K	-1.1M	-10.9K	0.00	18.19	6	0	556	470
2023-04-10	$62.17	$60.00	21.5%	6.6%	16.1%	16.9%	22.3%	-3.4%	0.5%	64.8K	-852.6K	-10.7K	0.40	18.15	5	2	557	470
2023-04-11	$62.39	$60.00	21.0%	6.3%	16.1%	15.7%	23.7%	-3.1%	0.3%	72.4K	-947.5K	-10.6K	0.50	19.07	10	5	562	472
2023-04-12	$62.38	$60.00	21.1%	6.0%	15.5%	16.0%	21.9%	-2.8%	-0.0%	87.3K	-972.6K	-10.5K	0.22	20.05	9	2	566	467
2023-04-13	$62.23	$62.00	26.2%	7.5%	14.4%	28.5%	0.0%	-2.8%	-0.7%	81.9K	-965.9K	-10.3K	3.00	32.20	2	6	568	469
2023-04-14	$61.57	$62.00	20.4%	5.8%	13.6%	14.3%	0.0%	-2.5%	0.6%	89.7K	-642.1K	-10.2K	0.18	22.15	11	2	566	465
2023-04-17	$60.92	$62.00	20.8%	6.0%	14.2%	15.4%	21.4%	-8.0%	0.2%	73.9K	-346.4K	-9.9K	0.27	30.21	26	7	557	469
2023-04-18	$60.84	$62.00	29.5%	8.5%	14.2%	36.5%	0.0%	-2.3%	-13.7%	70.8K	-323.9K	-10.1K	0.00	73.21	1	0	557	474
2023-04-19	$60.77	$62.00	21.6%	6.2%	14.1%	17.3%	22.0%	-2.3%	0.6%	81.0K	-311.4K	-10.1K	0.79	36.44	34	27	558	474
2023-04-20	$61.05	$60.00	21.6%	6.2%	12.6%	17.4%	21.9%	-1.1%	3.4%	104.8K	-448.8K	-10.7K	0.40	43.35	5	2	588	499
2023-04-21	$60.97	$61.00	20.7%	5.9%	12.6%	15.2%	20.9%	-1.8%	1.2%	318.4K	-361.3K	-10.4K	32.00	26.97	1	32	586	501
2023-04-24	$61.62	$61.00	21.5%	6.2%	13.2%	17.0%	21.3%	-1.3%	1.2%	9.6K	-421.1K	-10.3K	0.13	59.87	15	2	482	501
2023-04-25	$62.38	$61.00	24.5%	7.0%	11.0%	24.3%	25.6%	-2.4%	-0.9%	19.9K	-684.9K	-10.6K	0.00	43.92	22	0	495	503
2023-04-26	$61.83	$61.00	23.7%	6.8%	11.0%	22.4%	29.8%	-16.1%	0.4%	15.7K	-528.8K	-10.8K	0.12	47.76	33	4	517	503
2023-04-27	$61.48	$61.00	22.2%	6.4%	11.2%	18.8%	24.1%	-2.3%	0.3%	26.8K	-482.4K	-10.6K	0.05	30.47	121	6	546	504
2023-04-28	$61.39	$61.00	21.8%	6.3%	11.0%	17.8%	23.4%	-3.4%	-0.1%	45.5K	-760.0K	-12.6K	0.22	34.70	9	2	663	510