LTPZ Options History — September 2024

In September 2024, LTPZ traded between $56.77 and $58.70. ATM implied volatility averaged 13.6%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 4.1% (HV 20d: 9.4%). Max pain ranged from $54.00 to $56.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.34.

Notable Days

2024-09-20: Highest Volume — 343 contracts
2024-09-06: Largest IV drop — 16.6% change
2024-09-03: Highest IV Rank — 27.3%
2024-09-03: Largest Expected Move — 5.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$57.73	$56.77	$58.70	$56.77	$57.63
Max Pain	$55.80	$54.00	$56.00	$54.00	$56.00
ATM IV	13.6%	12.2%	18.0%	18.0%	12.8%
Expected Move	4.0%	3.5%	5.2%	5.2%	3.7%
HV 20d	9.4%	8.8%	12.2%	12.2%	8.8%
HV 60d	12.2%	10.8%	13.2%	13.2%	10.8%
IV Rank	12.6%	8.0%	27.3%	27.3%	10.0%
IV Percentile	32.9%	13.9%	73.8%	73.8%	22.2%
Term Structure	2.0%	-1.9%	2.7%	-1.9%	2.2%
VWIV	13.6%	11.3%	15.6%	15.6%	12.4%
Skew 25d	-0.5%	-1.3%	0.3%	-0.6%	-0.1%
Skew 10d	-2.1%	-6.2%	2.0%	-6.2%	2.0%
Call IV 25d	14.1%	12.4%	17.6%	17.6%	13.0%
Put IV 25d	13.6%	12.2%	17.1%	17.1%	12.8%
Bid-Ask Spread %	24.56	11.10	47.15	16.56	47.15
Gamma HHI	0.26	0.22	0.35	0.26	0.22
Net GEX	147.5K	68.1K	247.9K	91.3K	192.8K
Net DEX	-6.0M	-7.3M	-4.3M	-5.3M	-4.6M
Net VEX	-14.7K	-17.2K	-11.9K	-17.2K	-15.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.34	0.00	10.00	0.00	0.00
Total Volume	73.3	0	343	24	21
Total OI	2,729.15	1,686	3,124	3,042	2,007

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
2024-09-03	$56.77	$54.00	18.0%	5.2%	12.2%	27.3%	0.0%	-0.6%	-1.9%	91.3K	-5.3M	-17.2K	0.00	16.56	24	0	1,628	1,414
2024-09-04	$57.08	$54.00	15.6%	4.5%	10.3%	19.4%	15.6%	-0.8%	0.2%	83.6K	-5.7M	-16.5K	0.98	11.10	96	94	1,632	1,414
2024-09-05	$57.24	$56.00	14.6%	4.1%	9.1%	16.0%	0.0%	-1.1%	2.0%	83.9K	-6.2M	-17.0K	0.00	23.33	0	0	1,674	1,439
2024-09-06	$57.13	$56.00	12.2%	3.9%	9.0%	8.0%	15.2%	-1.1%	2.6%	68.1K	-6.3M	-16.5K	0.00	23.59	2	0	1,674	1,439
2024-09-09	$57.55	$56.00	12.4%	4.0%	9.0%	8.8%	0.0%	-1.3%	2.4%	99.8K	-6.8M	-15.3K	2.00	22.31	1	2	1,676	1,439
2024-09-10	$57.76	$56.00	12.2%	4.0%	8.8%	8.1%	0.0%	-1.1%	2.0%	122.8K	-7.0M	-14.6K	0.00	21.42	2	0	1,675	1,437
2024-09-11	$57.84	$56.00	13.6%	3.9%	8.8%	12.6%	13.4%	-0.7%	2.6%	137.1K	-7.1M	-14.3K	0.22	19.08	9	2	1,675	1,437
2024-09-12	$57.70	$56.00	13.9%	4.0%	8.9%	13.8%	13.9%	-0.4%	2.7%	137.6K	-7.0M	-14.5K	10.00	21.40	1	10	1,674	1,439
2024-09-13	$58.09	$56.00	13.9%	4.0%	9.0%	13.7%	0.0%	-0.6%	2.3%	163.8K	-7.3M	-14.1K	0.00	24.86	112	0	1,675	1,449
2024-09-16	$58.70	$56.00	14.3%	4.1%	9.4%	15.1%	14.2%	-1.0%	1.9%	146.6K	-7.2M	-11.9K	0.05	19.01	40	2	1,563	1,449
2024-09-17	$58.69	$56.00	15.1%	4.3%	9.4%	17.7%	0.0%	-0.7%	1.7%	140.6K	-7.3M	-12.3K	0.01	28.03	152	1	1,583	1,496
2024-09-18	$58.03	$56.00	14.1%	4.1%	9.7%	14.5%	0.0%	-0.4%	2.4%	135.3K	-6.5M	-12.4K	0.01	30.36	73	1	1,515	1,497
2024-09-19	$58.09	$56.00	13.8%	4.0%	9.7%	13.4%	13.9%	-0.3%	2.6%	161.9K	-6.6M	-12.0K	0.28	21.87	89	25	1,524	1,498
2024-09-20	$57.81	$56.00	12.7%	3.6%	9.4%	9.7%	12.8%	-0.4%	2.5%	164.8K	-6.6M	-12.8K	0.15	23.17	298	45	1,574	1,523
2024-09-23	$57.91	$56.00	12.4%	3.5%	9.1%	8.7%	12.7%	-0.7%	2.6%	210.4K	-4.6M	-14.2K	0.01	25.34	126	1	1,253	433
2024-09-24	$58.00	$56.00	12.4%	3.6%	9.1%	9.0%	11.3%	0.3%	2.7%	247.9K	-4.9M	-14.7K	9.09	24.47	22	200	1,339	433
2024-09-25	$57.45	$56.00	12.4%	3.6%	9.8%	8.9%	12.4%	-0.0%	2.2%	175.8K	-4.3M	-16.0K	0.00	27.43	14	0	1,360	632
2024-09-26	$57.48	$56.00	12.4%	3.6%	9.7%	8.9%	0.0%	0.2%	2.5%	184.6K	-4.4M	-16.1K	0.00	29.53	0	1	1,375	632
2024-09-27	$57.66	$56.00	12.4%	3.6%	9.7%	8.8%	0.0%	-0.0%	2.3%	201.3K	-4.6M	-15.5K	0.00	31.25	0	0	1,375	632
2024-09-30	$57.63	$56.00	12.8%	3.7%	8.8%	10.0%	0.0%	-0.1%	2.2%	192.8K	-4.6M	-15.2K	0.00	47.15	21	0	1,375	632