LTPZ Options History — May 2025

In May 2025, LTPZ traded between $50.26 and $52.30. ATM implied volatility averaged 12.6%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded below realized volatility by 1.6% (HV 20d: 14.1%). 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 20 of 21 days. Put/call ratio averaged 1.20.

Notable Days

  • 2025-05-02: Highest Volume — 269 contracts
  • 2025-05-12: Largest IV spike — 34.3% change
  • 2025-05-01: Highest IV Rank — 22.1%
  • 2025-05-05: Largest Expected Move — 4.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.42$50.26$52.30$52.30$51.74
Max Pain$52.00$52.00$52.00$52.00$52.00
ATM IV12.6%9.3%13.9%13.9%12.9%
Expected Move3.8%3.5%4.1%4.0%3.7%
HV 20d14.1%11.4%20.5%20.5%11.8%
HV 60d15.1%14.7%15.7%15.7%14.7%
IV Rank17.6%6.5%22.1%22.1%18.6%
IV Percentile50.2%6.3%67.5%65.5%55.2%
Term Structure0.7%-0.1%1.5%1.0%0.6%
VWIV13.8%10.8%21.6%12.5%21.6%
Skew 25d-0.3%-1.7%1.5%-1.4%-0.6%
Skew 10d-0.4%-5.8%14.0%14.0%-2.8%
Call IV 25d13.7%12.1%15.3%14.5%12.9%
Put IV 25d13.4%12.3%14.3%13.1%12.3%
Bid-Ask Spread %30.1424.6941.3134.4129.00
Gamma HHI0.190.170.230.230.19
Net GEX567.0K346.1K700.3K652.1K697.1K
Net DEX-1.6M-3.3M159.0K-3.3M-1.9M
Net VEX-24.7K-31.7K-18.1K-31.7K-21.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.0012.440.001.81
Total Volume53.619126916236
Total OI4,314.6194,0024,5674,2674,123

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-05-01$52.30$52.0013.9%4.0%20.5%22.1%0.0%-1.4%1.0%652.1K-3.3M-31.7K0.0034.411603,620647
2025-05-02$51.98$52.0012.3%3.5%20.4%16.5%12.5%-0.1%1.5%628.4K-2.4M-29.0K0.0531.35256133,627646
2025-05-05$51.73$52.0012.3%4.1%20.4%16.9%15.4%-1.2%0.4%624.5K-2.5M-30.2K0.2141.311943,877660
2025-05-06$51.95$52.0012.3%4.1%17.0%16.6%14.6%-1.7%0.5%666.8K-3.0M-31.7K0.0027.792003,883662
2025-05-07$52.03$52.0011.2%3.8%16.3%13.1%13.2%-1.2%0.9%700.3K-3.0M-31.2K0.0029.24033,901662
2025-05-08$51.69$52.0010.0%3.8%16.4%8.8%10.8%-0.6%0.9%643.0K-2.2M-28.8K0.0527.536433,901663
2025-05-09$51.65$52.009.3%3.8%13.4%6.5%13.4%-0.8%0.9%606.0K-2.1M-28.3K0.6028.92533,861666
2025-05-12$51.12$52.0012.4%3.8%13.9%17.1%13.0%-0.0%1.1%524.2K-1.1M-24.5K0.0031.491703,866669
2025-05-13$51.19$52.0012.2%3.8%12.7%16.3%0.0%-0.5%0.2%521.5K-1.0M-24.7K3.0027.794123,883670
2025-05-14$51.16$52.0013.5%3.9%12.6%20.7%15.6%-0.1%0.8%532.2K-1.1M-25.2K0.1727.252343,886681
2025-05-15$51.53$52.0013.2%3.8%12.7%19.8%14.7%-0.4%0.6%567.2K-1.7M-26.1K0.0027.12103,868683
2025-05-16$51.73$52.0013.0%3.7%12.7%19.1%13.8%-0.2%0.4%637.6K-1.8M-25.5K0.0529.782113,867646
2025-05-19$51.66$52.0012.9%3.7%11.6%18.6%11.6%1.0%0.3%637.8K-1.6M-24.0K0.0225.696613,460555
2025-05-20$51.19$52.0013.0%3.7%11.4%19.2%13.1%0.5%0.2%527.3K-845.5K-21.6K1.7126.9224413,496556
2025-05-21$50.26$52.0013.9%4.0%12.4%22.1%14.1%0.2%-0.1%346.1K159.0K-18.1K1.5024.69233,490597
2025-05-22$50.58$52.0013.3%3.8%11.7%19.9%11.2%0.1%0.7%385.3K-57.3K-18.7K12.4431.7291123,488598
2025-05-23$50.69$52.0013.4%3.9%11.8%20.5%13.8%1.5%1.1%421.4K-612.9K-18.8K1.1537.1320233,488514
2025-05-27$51.27$52.0013.0%3.7%12.4%19.2%14.2%-0.5%1.0%532.1K-1.2M-20.4K0.0135.726913,503525
2025-05-28$50.94$52.0013.2%3.8%12.1%19.8%0.0%0.2%1.1%476.0K-729.1K-18.4K0.0831.392523,570526
2025-05-29$51.36$52.0013.0%3.7%12.7%19.0%12.3%-0.7%0.8%579.3K-1.4M-21.0K0.0026.67033,595528
2025-05-30$51.74$52.0012.9%3.7%11.8%18.6%21.6%-0.6%0.6%697.1K-1.9M-21.8K1.8129.00841523,595528