LTPZ Options History — April 2025

In April 2025, LTPZ traded between $50.68 and $54.83. ATM implied volatility averaged 16.0%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded below realized volatility by 0.9% (HV 20d: 16.9%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.57.

Notable Days

2025-04-11: Highest Volume — 630 contracts
2025-04-07: Largest IV spike — 72.4% change
2025-04-08: Highest IV Rank — 54.6%
2025-04-11: Largest Expected Move — 5.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.44	$50.68	$54.83	$54.64	$53.15
Max Pain	$52.00	$52.00	$52.00	$52.00	$52.00
ATM IV	16.0%	8.4%	23.6%	8.4%	14.3%
Expected Move	4.6%	3.2%	5.7%	3.3%	4.1%
HV 20d	16.9%	9.9%	20.4%	10.8%	19.9%
HV 60d	14.6%	12.2%	15.7%	12.3%	15.4%
IV Rank	29.3%	3.7%	54.6%	3.7%	23.5%
IV Percentile	71.6%	1.2%	96.8%	1.2%	68.3%
Term Structure	-0.0%	-1.6%	2.2%	2.2%	0.5%
VWIV	17.2%	8.9%	21.8%	21.8%	8.9%
Skew 25d	-1.2%	-3.2%	3.4%	3.4%	-0.8%
Skew 10d	-2.8%	-10.0%	3.2%	1.2%	-1.0%
Call IV 25d	16.9%	7.9%	21.4%	7.9%	14.8%
Put IV 25d	15.7%	10.4%	20.0%	11.3%	14.0%
Bid-Ask Spread %	51.41	28.73	131.26	83.89	33.52
Gamma HHI	0.29	0.21	0.52	0.39	0.23
Net GEX	503.4K	307.9K	738.7K	564.6K	738.7K
Net DEX	-3.1M	-6.4M	296.2K	-6.0M	-4.5M
Net VEX	-31.1K	-34.4K	-25.2K	-32.9K	-33.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.57	0.00	14.57	5.10	0.00
Total Volume	96.571	1	630	122	1
Total OI	3,937.476	3,438	4,254	3,608	4,254

Daily Data (21 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
2025-04-01	$54.64	$52.00	8.4%	3.3%	10.8%	3.7%	0.0%	3.4%	2.2%	564.6K	-6.0M	-32.9K	5.10	83.89	20	102	2,754	854
2025-04-02	$54.46	$52.00	8.9%	3.2%	10.1%	5.3%	0.0%	-1.3%	-0.3%	568.6K	-5.3M	-32.3K	0.00	55.70	0	82	2,738	782
2025-04-03	$54.72	$52.00	9.0%	3.7%	10.2%	5.6%	0.0%	-1.9%	-0.4%	660.1K	-6.4M	-32.4K	14.57	55.52	7	102	2,738	700
2025-04-04	$54.83	$52.00	12.9%	4.1%	9.9%	18.6%	0.0%	-2.5%	0.6%	569.7K	-6.4M	-33.9K	1.42	47.55	31	44	2,744	800
2025-04-07	$53.04	$52.00	22.2%	5.5%	15.1%	49.9%	21.8%	-3.2%	-1.6%	353.8K	-2.7M	-32.6K	0.00	89.47	245	0	2,751	844
2025-04-08	$52.28	$52.00	23.6%	5.6%	15.5%	54.6%	0.0%	-2.0%	-0.7%	334.2K	-1.7M	-31.7K	0.00	72.55	76	0	2,970	844
2025-04-09	$52.14	$52.00	18.0%	5.2%	15.5%	35.9%	0.0%	0.7%	-1.6%	365.8K	-1.4M	-31.2K	0.00	131.26	140	0	3,041	844
2025-04-10	$50.80	$52.00	18.5%	5.3%	17.5%	37.4%	0.0%	-0.6%	-0.0%	307.9K	296.2K	-25.8K	0.00	53.08	16	0	3,029	844
2025-04-11	$50.68	$52.00	19.9%	5.7%	17.5%	42.2%	19.9%	-1.3%	-1.2%	368.6K	-1.3M	-25.2K	0.12	48.15	563	67	3,036	506
2025-04-14	$51.49	$52.00	17.8%	5.1%	18.7%	35.3%	21.0%	-1.4%	1.5%	437.0K	-2.7M	-32.3K	0.46	62.18	24	11	3,575	573
2025-04-15	$51.25	$52.00	18.1%	5.2%	18.6%	36.0%	17.8%	-2.4%	-0.7%	431.7K	-2.2M	-30.3K	2.00	39.28	4	8	3,589	581
2025-04-16	$51.55	$52.00	17.6%	5.0%	18.5%	34.4%	0.0%	-1.6%	-0.1%	451.2K	-2.5M	-31.1K	0.17	31.08	6	1	3,592	577
2025-04-17	$51.44	$52.00	16.1%	4.6%	18.4%	29.5%	0.0%	-1.5%	-0.1%	457.1K	-2.1M	-29.7K	0.17	33.04	6	1	3,591	578
2025-04-21	$50.72	$52.00	17.9%	5.1%	18.8%	35.7%	18.1%	-0.9%	-0.2%	381.8K	-1.3M	-26.4K	0.77	31.94	150	116	3,348	561
2025-04-22	$51.29	$52.00	16.6%	4.8%	19.3%	31.1%	17.5%	-1.2%	-0.3%	452.8K	-1.7M	-28.0K	0.03	28.73	65	2	3,496	603
2025-04-23	$51.83	$52.00	16.4%	4.7%	19.8%	30.5%	13.7%	-0.5%	-1.5%	537.9K	-2.6M	-30.6K	4.00	33.02	2	8	3,544	605
2025-04-24	$52.46	$52.00	15.3%	4.4%	20.4%	26.8%	0.0%	-1.9%	0.5%	612.8K	-3.2M	-31.9K	0.02	38.35	42	1	3,542	607
2025-04-25	$52.47	$52.00	14.9%	4.3%	20.4%	25.3%	0.0%	-1.3%	1.0%	617.5K	-3.5M	-33.0K	2.27	33.19	11	25	3,584	607
2025-04-28	$52.77	$52.00	15.8%	4.5%	20.0%	28.4%	16.2%	-1.8%	0.8%	653.4K	-4.0M	-33.5K	0.33	30.94	36	12	3,573	635
2025-04-29	$53.14	$52.00	14.8%	4.2%	19.9%	25.0%	0.0%	-1.6%	1.4%	705.3K	-4.6M	-34.4K	0.00	47.20	1	0	3,606	647
2025-04-30	$53.15	$52.00	14.3%	4.1%	19.9%	23.5%	8.9%	-0.8%	0.5%	738.7K	-4.5M	-33.6K	0.00	33.52	1	0	3,607	647