LTPZ Options History — January 2024

In January 2024, LTPZ traded between $54.74 and $56.80. ATM implied volatility averaged 15.9%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 1.1% (HV 20d: 14.8%). Max pain ranged from $55.00 to $58.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 151.17.

Notable Days

  • 2024-01-22: Highest Volume — 2,731 contracts
  • 2024-01-29: Largest IV spike — 201.6% change
  • 2024-01-29: Highest IV Rank — 82.1%
  • 2024-01-29: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.69$54.74$56.80$56.63$56.24
Max Pain$56.29$55.00$58.00$56.00$55.00
ATM IV15.9%13.3%40.0%16.1%14.3%
Expected Move4.6%3.8%11.5%4.6%4.1%
HV 20d14.8%10.6%19.3%19.3%12.1%
HV 60d17.4%16.3%18.8%18.8%16.3%
IV Rank7.2%0.0%82.1%7.7%3.1%
IV Percentile12.5%0.0%99.6%17.9%6.7%
Term Structure-0.8%-20.6%0.9%0.4%-0.9%
VWIV14.3%9.2%16.1%16.1%9.2%
Skew 25d-0.3%-9.3%0.9%0.5%0.3%
Skew 10d0.6%-4.5%5.2%1.6%2.1%
Call IV 25d15.5%14.1%26.1%15.7%14.6%
Put IV 25d15.1%13.5%16.8%16.3%14.9%
Bid-Ask Spread %45.808.82138.6446.1620.76
Gamma HHI0.350.210.640.280.39
Net GEX-98.5K-744.4K1.1M-146.3K-228.9K
Net DEX1.2M-1.6M4.1M-126.4K774.8K
Net VEX-19.3K-42.4K-11.2K-11.2K-15.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio151.170.002730.001.252.50
Total Volume265.23802,73197
Total OI6,204.1434,6047,3004,6087,300

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$56.63$56.0016.1%4.6%19.3%7.7%16.1%0.5%0.4%-146.3K-126.4K-11.2K1.2546.16456593,949
2024-01-03$56.80$56.0015.9%4.6%18.8%7.0%0.0%0.3%0.9%-122.1K-149.6K-11.5K0.9858.9343426593,945
2024-01-04$56.01$58.0015.5%4.5%19.0%5.7%0.0%0.9%0.4%-190.5K652.1K-13.0K0.0878.001,206997023,987
2024-01-05$55.54$58.0014.2%4.4%18.9%1.8%15.4%0.4%0.1%332.2K170.2K-17.9K0.2174.623471,9014,084
2024-01-08$55.91$58.0015.1%4.4%19.0%4.6%16.0%0.1%0.5%519.6K-514.9K-17.8K0.0073.44701,8804,081
2024-01-09$55.83$57.0015.0%4.4%19.0%4.3%0.0%0.5%-0.1%529.9K-349.7K-16.7K0.0075.760401,8814,081
2024-01-10$55.54$57.0015.1%4.3%18.8%4.7%0.0%0.4%-0.2%342.8K473.8K-16.2K0.0078.0820601,8814,121
2024-01-11$56.03$57.0014.3%4.1%19.0%2.1%0.0%-0.1%0.9%674.1K-510.6K-15.0K2.0080.315101,8914,121
2024-01-12$56.41$57.0014.5%4.2%17.1%2.8%0.0%-0.1%0.4%1.1M-1.6M-15.1K52.2078.1252611,8884,131
2024-01-16$55.70$57.0014.8%4.3%12.5%3.8%0.0%0.5%-0.0%154.7K1.1M-17.1K0.0715.831411,8844,311
2024-01-17$55.53$57.0014.9%4.3%12.5%4.1%14.7%0.6%0.3%41.3K1.3M-15.6K1.0012.8911111,8834,312
2024-01-18$55.33$57.0014.8%4.2%12.0%3.7%15.4%0.4%0.0%-213.0K1.8M-17.6K49.0025.912981,8854,312
2024-01-19$55.61$57.0013.8%4.0%12.3%0.6%13.8%-0.2%0.5%-449.2K1.7M-20.2K0.2220.44216481,8874,364
2024-01-22$55.66$55.0014.2%4.1%11.6%1.8%0.0%0.7%0.2%-279.6K1.5M-17.9K2730.0015.5612,7307384,060
2024-01-23$55.05$55.0014.6%4.2%11.8%3.2%14.6%-0.8%-0.1%-640.4K3.3M-26.4K2.6521.111042767376,388
2024-01-24$54.74$55.0014.6%4.2%11.8%3.0%14.7%-0.3%-0.1%-724.5K3.9M-29.1K10.0012.491107386,518
2024-01-25$54.95$55.0014.3%4.1%11.9%2.2%13.9%-0.4%0.4%-744.4K3.4M-26.5K0.0210.304117386,513
2024-01-26$54.94$55.0013.3%3.8%10.6%0.0%13.6%-0.6%0.7%-718.6K2.9M-22.3K20.0015.691207646,514
2024-01-29$55.54$55.0040.0%11.5%11.5%82.1%0.0%-9.3%-20.6%-643.7K4.1M-42.4K0.00138.64307656,534
2024-01-30$55.59$55.0013.9%4.0%11.2%1.9%0.0%-0.4%-0.6%-620.5K2.1M-21.1K0.008.82007666,534
2024-01-31$56.24$55.0014.3%4.1%12.1%3.1%9.2%0.3%-0.9%-228.9K774.8K-15.8K2.5020.76257666,534