LTPZ Options History — July 2024

In July 2024, LTPZ traded between $53.16 and $55.64. ATM implied volatility averaged 13.6%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 0.6% (HV 20d: 14.2%). Max pain ranged from $53.00 to $54.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.69.

Notable Days

  • 2024-07-19: Highest Volume — 265 contracts
  • 2024-07-05: Largest IV spike — 163.2% change
  • 2024-07-05: Highest IV Rank — 78.2%
  • 2024-07-24: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.72$53.16$55.64$53.16$55.63
Max Pain$53.05$53.00$54.00$54.00$53.00
ATM IV13.6%10.8%33.4%13.3%14.4%
Expected Move3.6%3.1%5.4%3.8%4.1%
HV 20d14.2%11.0%15.7%15.2%11.3%
HV 60d12.7%12.3%13.5%13.3%12.4%
IV Rank12.9%3.5%78.2%11.6%15.6%
IV Percentile21.1%3.2%97.2%17.5%46.4%
Term Structure-0.2%-0.9%0.5%0.1%-0.6%
VWIV12.2%11.4%14.0%12.8%14.0%
Skew 25d-0.4%-1.7%0.6%0.2%-1.1%
Skew 10d-0.6%-2.8%3.5%3.5%-0.6%
Call IV 25d12.4%11.1%15.1%13.6%15.1%
Put IV 25d12.0%10.8%14.0%13.8%14.0%
Bid-Ask Spread %24.2315.6540.9316.2335.68
Gamma HHI0.250.220.320.260.23
Net GEX355.4K189.1K726.9K189.1K397.2K
Net DEX-3.5M-4.9M-921.1K-921.1K-4.8M
Net VEX-21.3K-24.2K-19.3K-23.5K-19.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.006.676.670.00
Total Volume46.04502654651
Total OI2,626.8182,5622,6972,5882,697

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$53.16$54.0013.3%3.8%15.2%11.6%0.0%0.2%0.1%189.1K-921.1K-23.5K6.6716.236401,643945
2024-07-02$53.49$53.0013.3%3.8%15.2%11.6%12.8%0.6%0.2%225.7K-1.6M-24.2K3.0017.124121,649933
2024-07-03$54.14$53.0012.7%3.6%15.3%9.8%12.9%-0.3%0.5%275.2K-2.5M-24.1K0.2918.55721,651943
2024-07-05$54.72$53.0033.4%3.5%15.7%78.2%0.0%-0.6%0.3%324.5K-3.4M-23.2K0.7529.40431,657944
2024-07-08$54.75$53.0012.3%3.6%15.7%8.3%0.0%-0.2%-0.7%342.7K-3.5M-22.2K0.0028.152001,661942
2024-07-09$54.36$53.0011.9%3.5%14.5%7.1%12.4%-0.0%-0.1%338.7K-2.8M-22.3K0.0023.22501,661942
2024-07-10$54.66$53.0011.8%3.4%14.3%7.0%12.1%-0.2%0.1%366.3K-3.3M-21.9K0.0024.552301,666942
2024-07-11$55.04$53.0011.3%3.2%14.4%5.1%0.0%-0.5%0.1%399.2K-4.1M-20.8K0.0020.0218901,685942
2024-07-12$55.23$53.0010.8%3.1%14.3%3.5%0.0%-0.3%0.2%361.1K-4.1M-20.4K1.0025.6051511,620942
2024-07-15$54.91$53.0011.7%3.4%13.8%6.5%0.0%0.6%-0.4%400.4K-3.7M-21.1K0.0019.93201,671942
2024-07-16$55.60$53.0011.6%3.3%14.4%6.1%11.4%-0.4%-0.1%315.9K-4.8M-20.0K0.0026.052001,673942
2024-07-17$55.64$53.0011.4%3.3%14.3%5.5%11.4%-0.2%-0.3%290.2K-4.9M-20.0K0.0022.48301,691942
2024-07-18$55.28$53.0011.6%3.3%14.0%6.1%0.0%-0.1%-0.5%405.0K-4.5M-20.4K0.0018.55001,694942
2024-07-19$54.99$53.0011.4%3.3%14.0%5.6%11.7%-0.5%0.1%726.9K-4.1M-19.7K0.0017.3026501,694942
2024-07-22$54.70$53.0011.7%3.4%14.1%6.6%11.8%-0.4%-0.5%333.4K-3.3M-21.3K2.6434.02391031,648940
2024-07-23$54.54$53.0017.6%5.0%14.1%26.0%11.4%-0.1%-0.3%338.8K-3.2M-21.2K0.0032.06501,681967
2024-07-24$53.95$53.0018.9%5.4%14.4%30.2%11.4%-0.0%0.1%280.3K-2.2M-21.9K0.1240.933441,681967
2024-07-25$54.29$53.0012.1%3.5%14.2%7.8%12.7%-0.8%-0.3%306.3K-2.8M-21.7K0.0030.292401,683970
2024-07-26$54.73$53.0012.2%3.5%14.5%8.3%11.6%-1.7%-0.9%374.7K-3.6M-20.8K0.1121.511821,701970
2024-07-29$54.96$53.0012.3%3.5%13.7%8.4%12.6%-1.4%-0.7%413.7K-4.2M-19.4K0.0015.652301,717972
2024-07-30$55.11$53.0012.2%3.5%11.0%8.1%0.0%-1.4%-0.4%412.6K-4.3M-19.3K0.0015.66301,723972
2024-07-31$55.63$53.0014.4%4.1%11.3%15.6%14.0%-1.1%-0.6%397.2K-4.8M-19.9K0.0035.685101,726971