LTPZ Options History — May 2024

In May 2024, LTPZ traded between $52.27 and $54.56. ATM implied volatility averaged 14.4%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 3.1% (HV 20d: 11.3%). Max pain ranged from $53.00 to $54.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 2.85.

Notable Days

  • 2024-05-06: Highest Volume — 1,536 contracts
  • 2024-05-02: Largest IV spike — 175.0% change
  • 2024-05-02: Highest IV Rank — 84.7%
  • 2024-05-02: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.68$52.27$54.56$52.27$53.92
Max Pain$53.86$53.00$54.00$53.00$54.00
ATM IV14.4%9.7%35.6%12.9%10.2%
Expected Move3.9%2.8%10.2%3.7%2.9%
HV 20d11.3%9.6%14.0%13.3%11.5%
HV 60d12.6%12.2%12.8%12.3%12.6%
IV Rank13.1%0.0%84.7%6.5%1.4%
IV Percentile19.0%0.0%98.8%5.2%1.6%
Term Structure0.7%-5.2%24.4%-5.2%-0.0%
VWIV13.9%7.8%34.8%13.0%34.8%
Skew 25d-1.7%-13.6%1.4%-7.9%-0.8%
Skew 10d-0.7%-17.2%11.3%-11.7%9.4%
Call IV 25d15.0%9.5%44.4%20.9%10.9%
Put IV 25d13.3%9.6%31.7%13.0%10.1%
Bid-Ask Spread %20.6512.3946.5634.3812.39
Gamma HHI0.310.210.640.220.27
Net GEX-120.9K-778.8K1.6M-778.8K-253.6K
Net DEX1.6M-4.3M7.7M7.7M1.7M
Net VEX-31.3K-42.2K-24.7K-38.5K-31.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.850.0041.673.700.00
Total Volume160.27301,5363434
Total OI6,099.1825,0477,2866,8596,011

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$52.27$53.0012.9%3.7%13.3%6.5%13.0%-7.9%-5.2%-778.8K7.7M-38.5K3.7034.38732702,1954,664
2024-05-02$52.47$53.0035.6%10.2%13.1%84.7%0.0%-12.6%-1.8%-745.2K7.1M-42.2K0.3727.2954202,2664,934
2024-05-03$53.22$53.0034.7%9.9%13.9%81.5%0.0%-13.6%0.4%-534.2K4.2M-42.0K2.0024.2010202,3224,954
2024-05-06$53.39$54.0013.5%3.8%14.0%8.4%7.8%-0.7%-0.7%-454.8K3.3M-39.1K41.6723.11361,5002,3324,954
2024-05-07$53.52$54.0014.2%3.7%13.7%11.0%0.0%-0.3%-0.1%-233.7K2.3M-36.0K0.0017.462202,3683,924
2024-05-08$53.30$54.0013.1%3.7%11.4%6.9%0.0%-0.2%-0.5%-316.7K3.3M-35.8K1.0020.41112,3903,924
2024-05-09$53.76$54.0013.8%3.7%11.7%9.6%12.6%-0.5%-0.2%-113.2K1.0M-34.3K0.3014.641032,3913,925
2024-05-10$53.50$54.0013.4%3.7%11.6%8.1%0.0%-0.4%-0.4%-235.2K2.4M-34.1K0.0016.374002,3983,923
2024-05-13$53.59$54.0018.6%3.8%10.1%26.1%0.0%-0.6%-0.7%-190.2K1.8M-32.8K0.0216.276012,4383,923
2024-05-14$53.88$54.0019.7%3.8%9.6%29.7%0.0%-0.5%-0.9%62.0K109.3K-32.4K0.0017.49002,4983,922
2024-05-15$54.56$54.0011.9%3.4%10.0%2.9%0.0%-0.4%-0.1%421.4K-4.3M-27.4K0.0016.1101002,4983,922
2024-05-16$54.50$54.0011.9%3.4%9.9%2.8%0.0%-0.2%0.0%418.3K-3.5M-27.3K0.0017.79002,4984,022
2024-05-17$54.23$54.0011.2%3.2%10.1%0.4%11.4%-0.2%-0.0%1.6M-2.2M-26.1K0.7913.921271002,5004,022
2024-05-20$54.14$54.0010.5%3.0%10.2%0.0%0.0%0.1%-0.1%-154.8K728.6K-26.1K0.0017.703101,7353,312
2024-05-21$54.42$54.0010.1%2.9%10.2%0.0%9.6%0.8%0.3%-126.1K-134.7K-24.7K0.0415.042411,7663,312
2024-05-22$54.42$54.0010.0%2.9%9.9%0.0%0.0%0.9%0.3%-111.3K-139.8K-24.8K0.0114.7511311,7823,313
2024-05-23$53.91$54.0010.3%2.9%10.7%0.8%0.0%0.1%0.4%-102.5K1.0M-26.6K0.0013.53001,8953,314
2024-05-24$54.11$54.0010.1%2.9%10.4%0.3%10.1%0.3%-0.0%-47.3K425.2K-25.2K0.0017.252001,8953,314
2024-05-28$53.42$54.0010.4%3.0%11.4%1.4%0.0%-0.5%0.2%-212.9K2.7M-25.3K0.0015.674201,8913,314
2024-05-29$53.03$54.0011.4%3.3%11.0%4.7%11.7%1.4%24.4%-299.0K3.6M-24.8K1.4846.563395011,8983,314
2024-05-30$53.49$54.009.7%2.8%11.3%0.0%0.0%-0.8%0.4%-285.5K3.3M-31.7K0.0042.00202,1943,815
2024-05-31$53.92$54.0010.2%2.9%11.5%1.4%34.8%-0.8%-0.0%-253.6K1.7M-31.5K0.0012.39402,1963,815