LTPZ Options History — March 2024

In March 2024, LTPZ traded between $54.24 and $56.41. ATM implied volatility averaged 13.9%, placing in the 3.4% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 2.7% (HV 20d: 11.2%). Max pain ranged from $54.00 to $55.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 6.60.

Notable Days

2024-03-05: Highest Volume — 202 contracts
2024-03-11: Largest IV spike — 25.5% change
2024-03-11: Highest IV Rank — 14.8%
2024-03-01: Largest Expected Move — 4.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.31	$54.24	$56.41	$55.59	$55.59
Max Pain	$54.05	$54.00	$55.00	$55.00	$54.00
ATM IV	13.9%	11.9%	18.1%	14.2%	12.4%
Expected Move	3.8%	3.4%	4.1%	4.1%	3.6%
HV 20d	11.2%	9.7%	12.9%	12.9%	11.5%
HV 60d	13.3%	12.1%	15.2%	15.2%	12.3%
IV Rank	3.4%	0.0%	14.8%	2.8%	1.8%
IV Percentile	11.6%	0.0%	48.0%	8.3%	0.8%
Term Structure	0.2%	-0.7%	0.7%	-0.7%	0.3%
VWIV	13.6%	12.5%	14.8%	14.3%	12.9%
Skew 25d	-0.3%	-1.6%	0.4%	-0.1%	-1.1%
Skew 10d	-0.6%	-5.3%	2.4%	2.4%	-3.0%
Call IV 25d	13.4%	12.3%	14.6%	14.5%	12.8%
Put IV 25d	13.0%	11.7%	14.4%	14.4%	11.7%
Bid-Ask Spread %	13.74	11.49	17.39	16.31	11.49
Gamma HHI	0.26	0.17	0.35	0.30	0.24
Net GEX	-443.3K	-666.2K	-137.7K	-564.4K	-137.8K
Net DEX	2.4M	1.1M	3.8M	2.1M	1.9M
Net VEX	-17.0K	-24.6K	-13.5K	-18.0K	-13.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.60	0.00	100.00	0.67	0.00
Total Volume	47.15	0	202	5	0
Total OI	5,286.75	4,009	6,660	5,936	4,074

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
2024-03-01	$55.59	$55.00	14.2%	4.1%	12.9%	2.8%	14.3%	-0.1%	-0.7%	-564.4K	2.1M	-18.0K	0.67	16.31	3	2	646	5,290
2024-03-04	$55.61	$54.00	15.7%	3.9%	11.0%	7.5%	0.0%	0.0%	-0.1%	-479.1K	2.8M	-24.6K	1.01	12.21	81	82	649	5,289
2024-03-05	$56.34	$54.00	15.4%	3.9%	10.5%	6.5%	0.0%	-0.1%	0.3%	-379.9K	1.1M	-15.1K	3.21	14.80	48	154	657	5,316
2024-03-06	$56.41	$54.00	15.2%	3.8%	10.4%	6.0%	0.0%	-0.3%	0.5%	-381.3K	1.4M	-16.0K	0.00	14.94	0	0	657	5,466
2024-03-07	$56.12	$54.00	15.8%	3.9%	10.4%	7.7%	0.0%	-0.1%	0.6%	-347.3K	1.6M	-14.5K	0.00	12.79	0	0	657	5,466
2024-03-08	$56.11	$54.00	14.4%	3.8%	10.2%	3.5%	0.0%	-0.7%	0.0%	-439.7K	1.7M	-16.7K	0.00	13.50	2	0	657	5,466
2024-03-11	$56.04	$54.00	18.1%	3.8%	10.1%	14.8%	14.8%	-1.6%	0.5%	-383.0K	1.7M	-14.0K	0.00	11.98	125	0	659	5,466
2024-03-12	$55.67	$54.00	15.5%	3.8%	10.5%	6.8%	0.0%	-0.3%	0.3%	-347.5K	1.8M	-19.5K	0.50	14.06	8	4	1,159	5,486
2024-03-13	$55.34	$54.00	12.9%	3.7%	9.7%	0.0%	0.0%	-0.2%	0.3%	-259.2K	2.0M	-15.1K	0.03	17.09	39	1	1,166	5,490
2024-03-14	$54.37	$54.00	12.8%	3.7%	11.6%	0.0%	0.0%	-0.2%	-0.1%	-666.2K	3.8M	-21.0K	0.00	15.55	5	0	1,171	5,489
2024-03-15	$54.51	$54.00	12.9%	3.7%	11.6%	0.5%	0.0%	-0.1%	0.6%	-643.0K	3.3M	-18.8K	100.00	12.79	1	100	1,174	5,484
2024-03-18	$54.24	$54.00	14.1%	4.0%	11.7%	4.7%	13.6%	0.4%	-0.2%	-657.5K	3.7M	-19.8K	0.07	13.98	15	1	879	3,130
2024-03-19	$54.35	$54.00	13.4%	3.8%	11.7%	2.2%	13.7%	-0.0%	0.1%	-625.7K	3.7M	-20.3K	0.08	11.65	122	10	895	3,131
2024-03-20	$54.58	$54.00	12.5%	3.6%	11.8%	0.0%	12.5%	0.2%	0.5%	-607.4K	3.2M	-17.6K	0.00	13.04	5	0	1,017	3,141
2024-03-21	$54.83	$54.00	12.8%	3.7%	11.8%	1.2%	12.9%	-0.2%	0.4%	-491.6K	2.6M	-17.4K	0.03	12.27	73	2	1,022	3,141
2024-03-22	$55.33	$54.00	12.8%	3.7%	11.1%	1.0%	0.0%	-1.1%	0.2%	-137.7K	2.0M	-15.0K	0.00	15.39	54	0	978	3,143
2024-03-25	$54.74	$54.00	12.7%	3.6%	11.7%	0.7%	0.0%	-0.7%	0.1%	-506.0K	2.8M	-13.8K	0.00	17.39	0	0	933	3,143
2024-03-26	$54.98	$54.00	12.3%	3.5%	11.6%	0.0%	0.0%	-0.1%	0.2%	-622.8K	3.0M	-16.2K	0.00	12.05	4	0	933	3,143
2024-03-27	$55.41	$54.00	11.9%	3.4%	11.8%	0.0%	0.0%	-0.4%	0.7%	-188.5K	2.1M	-13.5K	0.00	11.62	2	0	929	3,143
2024-03-28	$55.59	$54.00	12.4%	3.6%	11.5%	1.8%	0.0%	-1.1%	0.3%	-137.8K	1.9M	-13.6K	0.00	11.49	0	0	931	3,143