LTPZ Options History — September 2023

In September 2023, LTPZ traded between $52.07 and $55.71. ATM implied volatility averaged 17.0%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 0.7% (HV 20d: 16.3%). Max pain ranged from $53.00 to $59.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 11.95.

Notable Days

2023-09-05: Highest Volume — 523 contracts
2023-09-26: Largest IV spike — 75.1% change
2023-09-28: Highest IV Rank — 41.1%
2023-09-28: Largest Expected Move — 8.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.42	$52.07	$55.71	$55.31	$52.59
Max Pain	$54.40	$53.00	$59.00	$59.00	$53.00
ATM IV	17.0%	13.7%	30.9%	16.5%	20.3%
Expected Move	4.8%	3.9%	8.9%	4.7%	5.8%
HV 20d	16.3%	14.8%	18.0%	16.2%	17.7%
HV 60d	16.5%	15.9%	17.3%	16.4%	17.0%
IV Rank	8.1%	0.3%	41.1%	6.8%	15.9%
IV Percentile	17.3%	0.4%	95.2%	11.1%	32.9%
Term Structure	-0.4%	-13.7%	1.3%	-0.1%	1.3%
VWIV	16.4%	12.1%	21.7%	15.9%	21.7%
Skew 25d	1.1%	-0.1%	10.1%	0.0%	1.1%
Skew 10d	1.9%	-0.7%	6.7%	-0.1%	1.2%
Call IV 25d	15.5%	13.5%	20.5%	16.3%	20.5%
Put IV 25d	16.6%	14.0%	25.1%	16.4%	21.5%
Bid-Ask Spread %	78.51	63.19	95.80	91.89	75.20
Gamma HHI	0.19	0.16	0.22	0.21	0.18
Net GEX	-80.2K	-222.3K	77.6K	77.6K	-191.9K
Net DEX	1.5M	278.4K	2.8M	1.3M	2.4M
Net VEX	-17.6K	-20.2K	-15.0K	-17.9K	-16.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	11.95	0.00	106.67	0.00	70.50
Total Volume	72.25	0	523	4	143
Total OI	3,009.25	2,509	3,730	3,098	2,695

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
2023-09-01	$55.31	$59.00	16.5%	4.7%	16.2%	6.8%	0.0%	0.0%	-0.1%	77.6K	1.3M	-17.9K	0.00	91.89	4	0	2,203	895
2023-09-05	$54.83	$54.00	17.8%	4.6%	16.4%	10.0%	15.9%	0.5%	0.0%	62.7K	1.2M	-15.0K	19.12	76.64	26	497	2,205	741
2023-09-06	$54.90	$54.00	17.4%	4.5%	16.3%	8.9%	0.0%	0.9%	0.2%	-12.9K	1.8M	-19.2K	0.23	76.00	22	5	2,186	1,232
2023-09-07	$55.19	$54.00	15.0%	4.4%	16.5%	3.4%	0.0%	0.2%	0.4%	-19.9K	1.5M	-19.8K	0.00	76.24	17	0	2,184	1,214
2023-09-08	$55.71	$54.00	14.1%	4.3%	15.9%	1.2%	0.0%	0.2%	0.6%	-47.7K	1.0M	-20.2K	0.00	76.60	0	0	2,196	1,214
2023-09-11	$55.35	$54.00	18.1%	4.5%	16.0%	10.6%	16.3%	0.3%	0.7%	-23.9K	1.4M	-19.0K	106.67	79.56	3	320	2,196	1,214
2023-09-12	$55.57	$54.00	18.3%	4.4%	16.1%	11.2%	16.1%	10.1%	0.2%	-116.6K	1.5M	-19.9K	0.67	84.50	12	8	2,196	1,534
2023-09-13	$55.59	$54.00	15.8%	4.5%	15.9%	5.2%	0.0%	0.3%	-1.1%	-122.5K	1.5M	-19.1K	1.00	84.16	3	3	2,185	1,540
2023-09-14	$55.27	$54.00	14.3%	4.1%	15.9%	1.6%	0.0%	0.6%	0.3%	-14.0K	981.8K	-18.2K	0.00	81.43	15	0	2,184	1,356
2023-09-15	$54.95	$54.00	14.2%	4.1%	15.8%	1.4%	14.1%	-0.1%	0.3%	44.3K	1.3M	-17.5K	0.06	84.30	66	4	2,182	1,356
2023-09-18	$55.25	$55.00	14.2%	4.1%	15.9%	1.4%	14.2%	0.4%	0.6%	-18.3K	278.4K	-17.3K	0.33	63.19	3	1	1,337	1,195
2023-09-19	$54.94	$55.00	14.7%	4.2%	15.8%	2.5%	15.4%	0.2%	0.5%	-46.0K	592.6K	-17.3K	0.00	65.70	2	0	1,334	1,195
2023-09-20	$55.02	$55.00	13.7%	3.9%	15.4%	0.3%	13.6%	0.5%	0.9%	-33.2K	493.7K	-17.2K	0.00	66.44	67	0	1,336	1,195
2023-09-21	$53.64	$55.00	15.1%	4.3%	14.8%	3.4%	19.2%	1.2%	0.4%	-155.7K	1.7M	-16.6K	1.56	73.93	9	14	1,314	1,195
2023-09-22	$54.18	$55.00	14.0%	4.0%	15.2%	0.9%	12.1%	0.8%	0.9%	-130.0K	1.3M	-16.3K	10.10	75.43	10	101	1,319	1,208
2023-09-25	$52.78	$55.00	13.9%	4.0%	17.4%	0.7%	18.4%	1.4%	-0.0%	-205.1K	2.3M	-17.1K	4.33	75.90	6	26	1,322	1,309
2023-09-26	$52.42	$54.00	24.4%	7.0%	17.4%	25.6%	14.7%	1.3%	-13.7%	-222.3K	2.6M	-16.0K	0.04	84.00	24	1	1,331	1,327
2023-09-27	$52.07	$53.00	17.7%	5.1%	17.0%	9.8%	17.2%	1.2%	0.2%	-216.9K	2.8M	-16.0K	0.00	83.38	0	2	1,351	1,328
2023-09-28	$52.75	$53.00	30.9%	8.9%	18.0%	41.1%	20.7%	0.7%	-1.5%	-212.2K	2.5M	-15.8K	0.48	95.80	21	10	1,351	1,330
2023-09-29	$52.59	$53.00	20.3%	5.8%	17.7%	15.9%	21.7%	1.1%	1.3%	-191.9K	2.4M	-16.1K	70.50	75.20	2	141	1,356	1,339