LTPZ Options History — February 2024

In February 2024, LTPZ traded between $54.06 and $57.03. ATM implied volatility averaged 14.3%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 0.2% (HV 20d: 14.0%). Max pain ranged from $54.00 to $56.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 51.42.

Notable Days

2024-02-02: Highest Volume — 513 contracts
2024-02-23: Largest IV drop — 5.3% change
2024-02-05: Highest IV Rank — 5.4%
2024-02-13: Largest Expected Move — 4.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.87	$54.06	$57.03	$57.03	$55.18
Max Pain	$54.70	$54.00	$56.00	$56.00	$55.00
ATM IV	14.3%	13.4%	15.0%	14.9%	14.0%
Expected Move	4.1%	3.8%	4.3%	4.2%	4.0%
HV 20d	14.0%	13.1%	14.6%	13.1%	13.6%
HV 60d	16.0%	15.2%	17.2%	16.5%	15.2%
IV Rank	3.0%	0.4%	5.4%	5.0%	2.2%
IV Percentile	7.6%	0.4%	17.9%	14.3%	4.0%
Term Structure	0.2%	-0.7%	0.9%	0.1%	-0.3%
VWIV	16.2%	13.2%	36.2%	14.1%	14.9%
Skew 25d	0.9%	-1.6%	29.0%	-1.6%	-0.6%
Skew 10d	-1.3%	-5.9%	1.6%	-1.7%	1.6%
Call IV 25d	14.6%	13.7%	15.7%	15.7%	14.4%
Put IV 25d	15.5%	13.3%	42.7%	14.1%	13.8%
Bid-Ask Spread %	15.49	8.97	30.77	30.77	14.17
Gamma HHI	0.43	0.21	0.70	0.21	0.32
Net GEX	-682.7K	-958.1K	-218.9K	-218.9K	-697.5K
Net DEX	2.9M	110.9K	5.1M	110.9K	2.3M
Net VEX	-21.7K	-28.4K	-16.1K	-16.6K	-16.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	51.42	0.00	512.00	0.00	0.00
Total Volume	62.1	0	513	37	2
Total OI	6,939	5,935	7,286	7,286	5,935

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
2024-02-01	$57.03	$56.00	14.9%	4.2%	13.1%	5.0%	14.1%	-1.6%	0.1%	-218.9K	110.9K	-16.6K	0.00	30.77	37	0	757	6,529
2024-02-02	$55.95	$56.00	14.3%	4.1%	13.9%	3.1%	14.1%	-1.3%	0.6%	-597.2K	1.7M	-21.3K	512.00	26.98	1	512	753	6,529
2024-02-05	$55.11	$54.00	15.0%	4.2%	14.6%	5.4%	0.0%	-1.2%	0.5%	-478.9K	2.2M	-21.8K	0.00	14.75	0	0	754	6,110
2024-02-06	$55.42	$54.00	14.7%	4.2%	14.6%	4.4%	14.4%	-0.8%	0.2%	-533.5K	2.3M	-24.3K	0.00	15.74	0	22	754	6,110
2024-02-07	$55.17	$55.00	14.0%	4.0%	14.6%	2.1%	0.0%	-0.7%	0.7%	-478.5K	2.1M	-21.3K	0.00	12.80	0	0	754	6,131
2024-02-08	$54.89	$55.00	14.3%	4.1%	14.6%	3.1%	0.0%	-0.6%	0.4%	-676.3K	2.8M	-23.4K	0.00	18.31	2	0	754	6,131
2024-02-09	$54.73	$55.00	14.2%	4.1%	14.2%	2.8%	0.0%	-0.8%	0.5%	-640.3K	2.9M	-22.5K	0.00	13.75	4	0	756	6,131
2024-02-12	$54.70	$55.00	14.5%	4.1%	13.9%	3.6%	14.3%	-0.1%	0.5%	-654.0K	3.1M	-22.5K	0.00	12.09	1	0	756	6,131
2024-02-13	$54.06	$55.00	14.9%	4.3%	13.8%	5.1%	14.9%	-0.4%	0.3%	-937.1K	4.3M	-27.0K	18.33	13.03	3	55	756	6,131
2024-02-14	$54.41	$54.00	14.4%	4.1%	14.1%	3.4%	14.4%	-0.5%	0.9%	-485.4K	3.4M	-23.2K	0.33	12.86	6	2	755	6,119
2024-02-15	$54.55	$54.00	14.2%	4.1%	14.1%	2.9%	0.0%	0.0%	0.3%	-439.9K	3.5M	-24.3K	0.00	12.00	1	0	760	6,118
2024-02-16	$54.44	$54.00	14.0%	4.0%	13.9%	2.2%	36.2%	29.0%	0.6%	-957.7K	3.7M	-23.8K	2.30	16.01	10	23	761	6,118
2024-02-20	$54.44	$54.00	14.2%	4.1%	13.9%	2.8%	15.1%	-0.2%	0.4%	-640.1K	3.2M	-20.7K	0.00	21.56	3	0	628	6,097
2024-02-21	$54.37	$54.00	13.6%	3.9%	13.4%	1.1%	13.2%	-0.7%	0.4%	-704.0K	3.1M	-19.2K	225.00	16.19	2	450	628	6,097
2024-02-22	$54.13	$54.00	14.1%	4.1%	13.4%	2.7%	14.8%	-0.3%	-0.4%	-958.1K	5.1M	-28.4K	0.00	12.90	0	30	629	6,547
2024-02-23	$54.91	$55.00	13.4%	3.8%	14.3%	0.4%	13.6%	-0.3%	-0.0%	-853.3K	2.8M	-17.9K	0.31	10.49	36	11	629	6,577
2024-02-26	$54.73	$55.00	14.0%	4.0%	14.4%	2.1%	0.0%	0.0%	-0.2%	-868.2K	3.7M	-22.6K	0.00	16.69	0	0	636	6,582
2024-02-27	$54.45	$55.00	14.3%	4.1%	13.8%	3.3%	14.9%	-0.2%	-0.5%	-952.4K	3.5M	-19.5K	12.00	9.77	1	12	636	6,582
2024-02-28	$54.77	$55.00	14.1%	4.1%	14.0%	2.6%	0.0%	-0.3%	-0.7%	-882.6K	3.0M	-18.5K	1.00	8.97	8	8	637	6,582
2024-02-29	$55.18	$55.00	14.0%	4.0%	13.6%	2.2%	0.0%	-0.6%	-0.3%	-697.5K	2.3M	-16.1K	0.00	14.17	2	0	645	5,290