LTPZ Options History — October 2023

In October 2023, LTPZ traded between $49.95 and $52.20. ATM implied volatility averaged 21.9%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 0.6% (HV 20d: 21.4%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 3.32.

Notable Days

  • 2023-10-03: Highest Volume — 472 contracts
  • 2023-10-11: Largest IV drop — 21.9% change
  • 2023-10-03: Highest IV Rank — 34.9%
  • 2023-10-06: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.74$49.95$52.20$51.48$50.47
Max Pain$51.09$50.00$53.00$53.00$51.00
ATM IV21.9%18.8%28.3%23.9%19.9%
Expected Move6.2%5.4%8.2%6.9%5.7%
HV 20d21.4%17.4%24.3%17.4%19.6%
HV 60d18.5%17.3%19.4%17.5%18.1%
IV Rank19.8%12.4%34.9%24.5%14.8%
IV Percentile53.1%27.0%92.1%76.2%31.3%
Term Structure-0.9%-6.8%13.2%-4.2%-0.4%
VWIV21.9%19.5%27.1%24.9%20.8%
Skew 25d2.0%-1.5%29.8%1.8%-0.6%
Skew 10d3.3%-3.2%26.2%5.9%1.9%
Call IV 25d20.8%18.2%26.7%22.6%20.8%
Put IV 25d22.8%19.3%51.6%24.4%20.1%
Bid-Ask Spread %79.5271.0690.1071.4686.20
Gamma HHI0.320.180.510.190.46
Net GEX-216.2K-300.4K-128.3K-224.2K-146.5K
Net DEX3.9M2.8M5.3M3.3M3.1M
Net VEX-17.9K-21.0K-15.3K-16.1K-16.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.320.0039.0039.000.00
Total Volume62.1820472400
Total OI3,218.4552,7303,5722,8292,820

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$51.48$53.0023.9%6.9%17.4%24.5%24.9%1.8%-4.2%-224.2K3.3M-16.1K39.0071.461391,3551,474
2023-10-03$50.41$53.0028.3%8.1%18.4%34.9%27.1%1.5%-6.3%-208.5K4.0M-15.3K7.5881.55554171,3561,507
2023-10-04$51.09$53.0024.6%7.0%19.3%26.0%24.1%0.8%-4.6%-290.7K4.5M-21.0K0.0176.5218911,4031,920
2023-10-05$50.61$51.0024.7%5.8%19.2%26.3%0.0%1.6%-0.7%-241.3K4.7M-20.9K1.8871.0616301,5911,919
2023-10-06$50.13$51.0023.9%8.2%18.5%24.4%22.3%1.6%-6.8%-247.3K5.2M-19.6K5.3876.628431,5831,939
2023-10-09$51.02$51.0025.4%6.0%20.2%28.1%0.0%0.7%-0.8%-240.5K4.3M-20.9K0.0078.89011,5901,981
2023-10-10$51.22$51.0024.2%5.8%20.2%25.2%0.0%0.7%-0.4%-251.5K4.2M-20.7K0.0071.37201,5901,982
2023-10-11$52.20$51.0018.9%5.4%21.8%12.6%0.0%1.1%-0.2%-237.3K3.1M-20.8K0.0078.23101,5881,982
2023-10-12$50.88$51.0018.8%5.4%23.2%12.4%0.0%1.3%0.1%-292.1K4.8M-18.9K0.0081.59201,5881,982
2023-10-13$51.73$51.0019.5%5.6%24.3%14.0%0.0%0.3%-0.2%-276.1K3.8M-19.9K0.0085.54401,5881,981
2023-10-16$51.19$51.0019.9%5.7%24.2%14.9%19.5%0.7%-0.6%-300.4K4.6M-18.5K0.3375.76311,5851,981
2023-10-17$50.81$51.0020.1%5.7%24.2%15.3%19.9%0.5%-0.5%-292.7K5.0M-17.6K0.0077.48101,5871,982
2023-10-18$50.45$51.0020.5%5.9%24.2%16.4%20.6%0.9%-0.7%-263.7K5.3M-17.0K8.0075.81181,5881,971
2023-10-19$49.98$51.0022.3%6.4%23.0%20.6%21.8%0.9%13.2%-250.3K4.6M-16.7K0.0187.2414221,5891,775
2023-10-20$50.09$51.0021.5%6.2%22.5%18.7%21.4%-0.2%-0.5%-196.5K3.6M-15.9K0.2778.1173201,5291,574
2023-10-23$50.28$50.0020.7%5.9%21.1%16.9%20.3%0.7%-0.9%-138.5K3.2M-15.9K0.2285.84128281,3401,390
2023-10-24$50.80$50.0020.6%5.9%21.5%16.7%20.2%1.3%-0.3%-128.3K2.8M-17.0K0.2076.231531,4331,399
2023-10-25$49.95$50.0021.7%6.2%22.1%19.3%21.8%0.5%-0.8%-141.0K3.2M-16.2K0.1682.733151,4451,402
2023-10-26$50.64$50.0020.8%6.0%22.1%17.1%20.8%0.4%-1.5%-129.1K2.9M-16.7K0.1284.4383101,4761,404
2023-10-27$50.47$51.0020.8%6.0%22.1%17.0%0.0%-1.5%-0.4%-130.4K3.1M-16.8K0.0076.60501,4231,394
2023-10-30$50.31$51.0021.5%6.2%21.0%18.7%0.0%29.8%-1.2%-128.6K3.1M-16.6K0.0090.10001,4261,394
2023-10-31$50.47$51.0019.9%5.7%19.6%14.8%0.0%-0.6%-0.4%-146.5K3.1M-16.0K0.0086.20001,4261,394