LTPZ Options History — July 2023

In July 2023, LTPZ traded between $57.58 and $59.84. ATM implied volatility averaged 16.5%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 1.4% (HV 20d: 15.1%). Max pain ranged from $59.00 to $60.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 6.46.

Notable Days

2023-07-05: Highest Volume — 669 contracts
2023-07-05: Largest IV spike — 98.5% change
2023-07-05: Highest IV Rank — 48.7%
2023-07-05: Largest Expected Move — 9.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$58.94	$57.58	$59.84	$59.64	$58.44
Max Pain	$59.10	$59.00	$60.00	$60.00	$59.00
ATM IV	16.5%	14.0%	34.1%	17.2%	14.9%
Expected Move	5.0%	4.0%	9.8%	4.9%	4.3%
HV 20d	15.1%	13.1%	16.6%	13.1%	15.2%
HV 60d	13.7%	12.7%	14.4%	13.2%	12.7%
IV Rank	6.8%	1.0%	48.7%	8.4%	3.0%
IV Percentile	9.3%	0.4%	96.4%	7.1%	4.8%
Term Structure	-0.1%	-25.6%	12.5%	2.3%	0.5%
VWIV	16.7%	14.0%	22.6%	22.6%	14.1%
Skew 25d	1.4%	-0.2%	14.8%	0.3%	0.9%
Skew 10d	3.0%	-0.1%	13.8%	4.2%	0.5%
Call IV 25d	15.7%	9.4%	18.5%	15.0%	14.4%
Put IV 25d	17.1%	14.2%	24.2%	15.3%	15.3%
Bid-Ask Spread %	80.73	64.26	97.61	92.58	85.09
Gamma HHI	0.22	0.19	0.37	0.19	0.37
Net GEX	-128.7K	-247.1K	-67.8K	-68.3K	-238.4K
Net DEX	1.2M	393.5K	2.2M	750.3K	1.5M
Net VEX	-13.4K	-16.0K	-10.9K	-14.3K	-11.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.46	0.00	86.00	5.00	5.00
Total Volume	56.1	0	669	12	6
Total OI	2,681.95	2,010	2,848	2,010	2,749

Daily Data (20 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
2023-07-03	$59.64	$60.00	17.2%	4.9%	13.1%	8.4%	0.0%	0.3%	2.3%	-68.3K	750.3K	-14.3K	5.00	92.58	2	10	1,079	931
2023-07-05	$58.71	$60.00	34.1%	9.8%	14.3%	48.7%	22.6%	14.8%	-25.6%	-98.4K	1.4M	-13.5K	0.16	97.61	578	91	1,080	941
2023-07-06	$58.08	$59.00	16.2%	7.0%	14.5%	6.1%	20.0%	1.4%	0.8%	-92.5K	1.6M	-16.0K	86.00	65.16	1	86	1,657	1,032
2023-07-07	$57.75	$59.00	14.2%	5.2%	14.0%	1.4%	0.0%	1.2%	0.5%	-144.3K	2.0M	-15.7K	0.40	74.90	5	2	1,657	1,118
2023-07-10	$57.67	$59.00	15.6%	5.2%	13.2%	4.7%	0.0%	1.2%	0.3%	-149.5K	2.1M	-15.1K	0.00	64.26	0	0	1,666	1,118
2023-07-11	$57.58	$59.00	15.1%	5.1%	13.2%	3.5%	17.7%	1.4%	0.1%	-173.8K	2.2M	-14.4K	1.33	72.67	3	4	1,666	1,116
2023-07-12	$59.03	$59.00	16.3%	4.7%	16.2%	6.4%	16.4%	0.5%	-0.0%	-114.2K	1.1M	-14.8K	0.00	76.61	18	0	1,669	1,120
2023-07-13	$59.42	$59.00	16.4%	4.7%	16.1%	6.7%	16.5%	0.3%	0.1%	-79.4K	752.9K	-14.9K	0.00	78.11	0	14	1,685	1,120
2023-07-14	$59.05	$59.00	16.8%	4.8%	16.0%	7.5%	0.0%	1.0%	-0.4%	-103.4K	1.0M	-14.6K	6.67	78.61	6	40	1,685	1,109
2023-07-17	$59.22	$59.00	16.8%	4.8%	15.7%	7.5%	17.1%	0.6%	-0.4%	-116.6K	900.7K	-13.8K	1.67	76.35	6	10	1,681	1,149
2023-07-18	$59.20	$59.00	16.3%	4.7%	15.7%	6.4%	0.0%	0.5%	0.3%	-130.6K	1.0M	-13.6K	0.38	83.42	8	3	1,679	1,159
2023-07-19	$59.84	$59.00	16.0%	4.6%	15.8%	5.7%	16.0%	0.6%	0.5%	-67.8K	393.5K	-13.7K	0.13	78.27	53	7	1,687	1,161
2023-07-20	$59.79	$59.00	15.9%	4.5%	15.8%	5.4%	0.0%	1.0%	0.5%	-88.7K	514.4K	-12.8K	0.30	79.94	23	7	1,649	1,160
2023-07-21	$59.84	$59.00	14.8%	4.2%	15.3%	2.9%	0.0%	0.8%	12.5%	-88.2K	491.6K	-12.0K	0.00	81.23	0	2	1,657	1,165
2023-07-24	$59.84	$59.00	14.0%	4.0%	15.0%	1.0%	14.4%	0.7%	1.7%	-100.3K	558.2K	-11.9K	0.00	83.47	26	0	1,496	1,131
2023-07-25	$59.55	$59.00	14.7%	4.2%	15.0%	2.6%	15.0%	0.4%	1.0%	-121.6K	701.1K	-11.5K	0.50	80.75	2	1	1,522	1,131
2023-07-26	$59.38	$59.00	14.1%	4.0%	15.0%	1.2%	14.0%	-0.2%	1.1%	-155.9K	856.6K	-10.9K	0.80	97.17	5	4	1,522	1,132
2023-07-27	$58.16	$59.00	16.1%	4.6%	16.6%	5.8%	16.3%	0.9%	0.4%	-247.1K	1.8M	-11.2K	1.40	82.12	20	28	1,527	1,135
2023-07-28	$58.55	$59.00	14.1%	4.0%	16.0%	1.1%	14.1%	0.5%	1.1%	-195.2K	1.5M	-10.9K	0.02	86.24	50	1	1,537	1,161
2023-07-31	$58.44	$59.00	14.9%	4.3%	15.2%	3.0%	0.0%	0.9%	0.5%	-238.4K	1.5M	-11.6K	5.00	85.09	1	5	1,587	1,162