LTPZ Options History — August 2024

In August 2024, LTPZ traded between $55.34 and $57.27. ATM implied volatility averaged 15.5%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 2.4% (HV 20d: 13.1%). 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 16 of 22 days. Put/call ratio averaged 1.99.

Notable Days

  • 2024-08-01: Highest Volume — 179 contracts
  • 2024-08-12: Largest IV spike — 29.0% change
  • 2024-08-12: Highest IV Rank — 35.7%
  • 2024-08-05: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.46$55.34$57.27$55.80$56.27
Max Pain$53.41$53.00$54.00$53.00$54.00
ATM IV15.5%13.3%20.5%15.1%15.9%
Expected Move4.3%3.8%4.9%4.3%4.6%
HV 20d13.1%10.6%14.3%10.6%12.8%
HV 60d13.3%12.4%13.7%12.4%13.1%
IV Rank18.9%11.6%35.7%17.7%20.4%
IV Percentile52.9%24.2%86.1%55.2%67.5%
Term Structure0.2%-1.7%1.6%-1.1%-0.1%
VWIV14.7%10.4%19.0%15.2%15.2%
Skew 25d-1.8%-3.2%-0.6%-1.9%-1.1%
Skew 10d-4.7%-10.6%-2.0%-4.7%-3.1%
Call IV 25d16.0%13.8%18.9%16.1%16.2%
Put IV 25d14.2%12.6%15.7%14.2%15.1%
Bid-Ask Spread %18.2311.0531.1917.8011.28
Gamma HHI0.260.210.350.210.35
Net GEX263.4K57.5K416.8K314.3K161.1K
Net DEX-5.4M-6.4M-3.9M-4.5M-4.7M
Net VEX-18.7K-21.9K-15.7K-20.4K-17.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.990.0010.250.467.91
Total Volume47.045417917998
Total OI2,776.5452,5722,9532,5722,953

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$55.80$53.0015.1%4.3%10.6%17.7%15.2%-1.9%-1.1%314.3K-4.5M-20.4K0.4617.80123561,601971
2024-08-02$56.48$53.0016.1%4.6%10.8%21.1%16.2%-3.2%-0.8%315.9K-5.6M-20.5K0.6026.93531,714987
2024-08-05$57.27$53.0019.3%4.9%11.6%31.6%16.2%-3.2%-1.7%287.5K-6.4M-19.2K1.3931.1936501,717985
2024-08-06$56.20$53.0016.9%4.5%13.5%23.5%0.0%-2.5%-0.8%320.3K-5.3M-21.0K0.0026.444201,7291,022
2024-08-07$55.53$53.0016.0%4.6%14.2%20.7%19.0%-2.5%0.5%304.6K-4.2M-21.7K1.1823.9411131,6871,022
2024-08-08$55.34$53.0013.7%4.4%14.1%13.0%15.4%-2.5%1.1%290.3K-3.9M-21.9K0.0020.133801,6771,035
2024-08-09$55.77$53.0015.9%4.5%14.3%20.4%15.0%-2.3%0.5%308.6K-4.6M-21.4K0.0019.39601,7081,035
2024-08-12$56.14$53.0020.5%4.5%14.3%35.7%16.1%-2.4%0.0%299.9K-5.1M-20.0K1.3317.12341,7071,035
2024-08-13$56.25$53.0019.0%4.4%13.6%30.5%15.7%-2.7%1.0%307.2K-5.4M-19.3K0.2020.00511,7101,039
2024-08-14$56.26$53.0014.4%4.1%13.6%15.3%13.7%-1.4%1.6%308.2K-5.4M-19.2K0.0018.02801,7101,040
2024-08-15$56.13$53.0014.3%4.1%13.4%14.9%10.4%-1.0%0.7%322.1K-5.3M-19.2K0.0019.190161,7061,040
2024-08-16$56.04$53.0014.3%4.1%13.3%15.1%14.0%-1.2%0.8%416.8K-5.2M-18.9K0.0117.609111,7061,039
2024-08-19$56.36$53.0014.0%4.0%13.2%14.1%14.4%-0.8%0.7%302.4K-5.3M-18.6K10.0015.592201,6591,021
2024-08-20$57.03$54.0014.9%4.3%13.5%17.1%14.0%-1.8%0.7%295.2K-6.1M-16.8K10.2518.974411,6601,041
2024-08-21$57.11$54.0014.4%4.1%12.6%15.3%14.4%-1.9%0.2%273.0K-6.2M-16.7K0.0917.731111,6611,083
2024-08-22$56.67$54.0013.7%3.9%13.1%13.0%13.3%-1.3%0.6%305.9K-5.7M-17.2K0.0015.2301251,6611,083
2024-08-23$57.14$54.0013.3%3.8%13.1%11.6%12.6%-1.4%0.4%194.0K-6.1M-16.5K5.0013.03201001,6611,208
2024-08-26$57.22$54.0013.6%3.9%13.1%12.7%13.3%-0.6%0.2%128.7K-6.1M-16.1K0.9112.6222201,6411,308
2024-08-27$57.17$54.0013.6%3.9%13.1%12.9%13.6%-0.8%0.4%57.5K-6.0M-15.7K0.3314.23311,6191,323
2024-08-28$57.03$54.0015.1%4.3%12.9%17.6%14.6%-1.5%0.4%134.4K-5.7M-16.3K0.0011.054201,6161,324
2024-08-29$56.85$54.0016.0%4.6%13.0%20.7%15.3%-1.3%-0.5%146.3K-5.3M-17.0K0.1813.611121,6161,324
2024-08-30$56.27$54.0015.9%4.6%12.8%20.4%15.2%-1.1%-0.1%161.1K-4.7M-17.5K7.9111.2811871,6271,326