LTPZ Options History — August 2023

In August 2023, LTPZ traded between $54.50 and $57.46. ATM implied volatility averaged 18.7%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 1.0% (HV 20d: 17.7%). Max pain ranged from $59.00 to $61.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 1.57.

Notable Days

  • 2023-08-31: Highest Volume — 821 contracts
  • 2023-08-30: Largest IV spike — 97.0% change
  • 2023-08-30: Highest IV Rank — 50.7%
  • 2023-08-30: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.05$54.50$57.46$57.46$56.63
Max Pain$60.22$59.00$61.00$59.00$59.00
ATM IV18.7%15.3%34.9%15.3%17.9%
Expected Move5.4%4.4%10.0%4.4%5.1%
HV 20d17.7%15.4%20.2%16.1%16.2%
HV 60d14.9%13.1%15.9%13.1%15.9%
IV Rank12.2%4.1%50.7%4.1%10.2%
IV Percentile22.5%6.7%96.4%6.7%16.3%
Term Structure0.6%-1.6%10.7%0.6%-1.4%
VWIV18.5%14.3%24.1%18.3%24.1%
Skew 25d0.9%-0.2%2.1%0.6%0.4%
Skew 10d1.0%-14.2%5.1%0.8%2.0%
Call IV 25d17.6%14.7%19.7%14.7%17.5%
Put IV 25d18.5%15.3%20.9%15.3%17.8%
Bid-Ask Spread %80.1262.4191.2777.7787.59
Gamma HHI0.280.200.400.340.23
Net GEX-119.3K-269.1K-21.9K-251.0K-31.1K
Net DEX2.2M1.2M3.3M2.1M1.2M
Net VEX-12.1K-13.7K-9.6K-12.3K-12.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.0020.000.000.00
Total Volume93.087182120821
Total OI2,542.4782,0312,8602,7502,279

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$57.46$59.0015.3%4.4%16.1%4.1%0.0%0.6%0.6%-251.0K2.1M-12.3K0.0077.772001,5881,162
2023-08-02$57.05$59.0016.2%4.6%15.4%6.2%0.0%1.5%0.9%-267.8K2.5M-12.2K0.0591.279251,6081,163
2023-08-03$55.67$61.0018.6%5.3%17.2%11.9%18.3%1.4%0.8%-269.1K3.3M-12.5K2.4281.17521261,6961,164
2023-08-04$56.98$61.0016.5%5.1%19.3%7.0%17.4%1.0%1.3%-221.5K2.0M-13.2K9.5779.52282681,7341,081
2023-08-07$56.75$61.0017.0%5.2%19.3%8.0%0.0%1.1%0.7%-135.2K2.0M-13.2K0.0062.411801,747960
2023-08-08$56.88$61.0017.6%5.2%19.4%9.4%0.0%1.0%0.6%-133.8K1.8M-13.4K0.0075.70501,765960
2023-08-09$57.00$61.0017.5%5.0%16.9%9.3%0.0%1.1%1.0%-138.9K1.8M-13.3K0.0074.61901,770960
2023-08-10$56.06$61.0017.2%4.9%17.4%8.4%0.0%0.9%1.0%-148.0K2.4M-12.1K0.0075.522401,777960
2023-08-11$55.93$61.0017.0%4.9%17.4%8.1%14.3%0.9%1.5%-158.1K2.5M-11.9K0.3088.831031,774953
2023-08-14$55.80$61.0017.4%5.0%17.2%9.0%18.2%0.6%1.4%-162.7K2.5M-11.3K2.5080.214101,768950
2023-08-15$55.42$61.0018.0%5.2%17.3%10.4%18.1%1.0%1.2%-158.6K2.7M-10.8K0.0074.651501,766947
2023-08-16$55.11$61.0018.1%5.2%16.5%10.6%18.1%1.4%1.0%-133.3K2.8M-10.5K0.0379.7110831,776947
2023-08-17$54.71$61.0018.3%5.2%16.4%11.2%17.9%1.4%0.1%-99.3K3.1M-9.6K0.0275.5410621,759947
2023-08-18$54.91$61.0018.9%5.4%16.6%12.6%19.0%0.5%-0.2%-80.2K2.6M-11.3K20.0074.611201,863947
2023-08-21$54.50$61.0020.8%6.0%16.6%17.0%18.7%1.0%-1.6%-79.3K2.7M-10.7K0.0682.5010971,129902
2023-08-22$55.04$61.0020.5%5.9%17.3%16.3%19.9%1.1%-0.7%-77.9K2.4M-11.6K0.0175.3117711,168905
2023-08-23$56.46$59.0019.6%5.6%20.2%14.2%19.7%0.4%-0.9%-21.9K1.3M-13.7K0.1180.401821,344906
2023-08-24$55.91$59.0019.5%5.6%19.3%14.1%0.0%0.8%-1.4%-30.8K1.7M-12.9K0.0079.13101,358906
2023-08-25$56.00$59.0018.2%5.2%19.1%10.8%0.0%1.1%-1.3%-39.6K1.8M-12.4K0.0082.82301,358906
2023-08-28$56.06$59.0018.1%5.2%19.1%10.6%16.8%2.1%10.7%-40.4K1.8M-12.1K1.0486.9928291,359906
2023-08-29$56.48$59.0017.7%5.1%18.5%9.8%0.0%0.4%-1.0%-31.0K1.3M-12.7K0.0085.92101,382897
2023-08-30$56.30$59.0034.9%10.0%18.4%50.7%24.1%-0.2%-0.7%-35.5K1.5M-12.2K0.0790.501411,383897
2023-08-31$56.63$59.0017.9%5.1%16.2%10.2%0.0%0.4%-1.4%-31.1K1.2M-12.3K0.0087.5982011,383896