LTPZ Options History — August 2025

In August 2025, LTPZ traded between $51.22 and $52.39. ATM implied volatility averaged 11.3%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded above realized volatility by 1.8% (HV 20d: 9.5%). Max pain ranged from $51.00 to $52.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.86.

Notable Days

2025-08-08: Highest Volume — 330 contracts
2025-08-11: Largest IV spike — 33.9% change
2025-08-04: Highest IV Rank — 24.0%
2025-08-04: Largest Expected Move — 3.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.90	$51.22	$52.39	$52.00	$52.02
Max Pain	$51.57	$51.00	$52.00	$52.00	$51.00
ATM IV	11.3%	9.3%	14.3%	12.9%	11.6%
Expected Move	3.2%	3.0%	3.7%	3.7%	3.3%
HV 20d	9.5%	7.8%	10.7%	10.7%	7.9%
HV 60d	10.8%	9.3%	11.5%	11.4%	9.3%
IV Rank	13.6%	6.9%	24.0%	19.0%	14.6%
IV Percentile	29.2%	7.5%	73.0%	54.8%	36.1%
Term Structure	0.1%	-0.9%	2.2%	-0.5%	-0.9%
VWIV	10.6%	8.9%	11.7%	9.3%	11.6%
Skew 25d	0.0%	-5.4%	11.6%	-0.7%	-1.6%
Skew 10d	0.3%	-6.1%	11.8%	-4.8%	-6.1%
Call IV 25d	11.5%	10.2%	16.4%	13.3%	12.5%
Put IV 25d	11.6%	9.2%	22.3%	12.7%	10.9%
Bid-Ask Spread %	25.48	12.41	79.66	23.97	12.41
Gamma HHI	0.19	0.17	0.23	0.18	0.18
Net GEX	448.6K	238.3K	567.1K	474.3K	449.7K
Net DEX	-1.0M	-2.0M	202.4K	-1.4M	-960.9K
Net VEX	-13.9K	-18.7K	-9.5K	-17.2K	-11.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.86	0.00	7.00	0.38	5.26
Total Volume	65.667	1	330	11	119
Total OI	3,215.429	2,875	3,400	3,116	3,363

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
2025-08-01	$52.00	$52.00	12.9%	3.7%	10.7%	19.0%	9.3%	-0.7%	-0.5%	474.3K	-1.4M	-17.2K	0.38	23.97	8	3	2,603	513
2025-08-04	$52.34	$52.00	14.3%	3.7%	10.5%	24.0%	0.0%	-0.5%	-0.7%	536.8K	-1.9M	-18.2K	0.29	17.05	58	17	2,611	516
2025-08-05	$52.39	$52.00	12.6%	3.5%	10.4%	18.1%	0.0%	-0.5%	0.3%	567.1K	-2.0M	-18.7K	0.03	18.72	29	1	2,669	517
2025-08-06	$52.09	$52.00	12.0%	3.4%	10.2%	16.2%	10.1%	11.6%	2.2%	538.4K	-1.8M	-18.0K	0.00	55.96	92	0	2,698	517
2025-08-07	$52.19	$52.00	11.3%	3.3%	10.2%	13.8%	0.0%	3.1%	0.8%	558.1K	-1.7M	-17.6K	0.00	27.57	1	0	2,748	517
2025-08-08	$52.20	$52.00	10.4%	3.2%	9.0%	10.6%	11.2%	0.0%	1.1%	545.3K	-1.6M	-16.7K	0.02	24.10	325	5	2,749	517
2025-08-11	$52.16	$52.00	13.9%	3.3%	9.1%	22.7%	11.7%	-0.4%	0.0%	556.1K	-1.6M	-17.1K	1.86	15.31	7	13	2,864	517
2025-08-12	$51.73	$52.00	9.3%	3.0%	9.3%	6.9%	0.0%	-0.4%	0.8%	464.0K	-918.4K	-15.3K	0.00	17.37	21	0	2,859	516
2025-08-13	$52.14	$52.00	10.9%	3.1%	9.6%	12.4%	0.0%	-0.3%	0.6%	563.5K	-1.5M	-16.3K	0.00	17.63	0	8	2,876	516
2025-08-14	$51.77	$52.00	10.4%	3.0%	10.0%	10.4%	10.4%	0.5%	0.8%	484.4K	-902.8K	-14.9K	0.13	14.70	23	3	2,876	524
2025-08-15	$51.37	$52.00	10.6%	3.0%	10.4%	11.3%	10.7%	-0.6%	-0.0%	293.8K	31.8K	-10.3K	0.06	27.70	17	1	2,676	525
2025-08-18	$51.22	$52.00	10.5%	3.0%	9.7%	10.8%	10.2%	-0.2%	0.4%	238.3K	202.4K	-9.5K	0.03	37.04	121	4	2,414	461
2025-08-19	$51.39	$51.00	11.1%	3.2%	9.7%	13.0%	11.1%	0.2%	-0.3%	279.5K	-36.9K	-10.5K	7.00	28.83	1	7	2,484	465
2025-08-20	$51.48	$51.00	10.9%	3.1%	9.2%	12.3%	10.8%	-0.5%	-0.2%	301.6K	-158.9K	-10.9K	0.03	37.28	86	3	2,485	472
2025-08-21	$51.49	$51.00	10.9%	3.1%	9.1%	12.2%	10.4%	-0.6%	-0.3%	335.8K	-245.7K	-11.1K	0.01	14.61	77	1	2,553	475
2025-08-22	$52.03	$51.00	10.5%	3.0%	9.8%	11.0%	8.9%	-0.1%	-0.2%	425.8K	-1.1M	-11.9K	0.39	79.66	82	32	2,614	475
2025-08-25	$51.91	$51.00	10.8%	3.1%	9.6%	11.9%	10.8%	-1.2%	-0.6%	434.5K	-901.3K	-11.3K	0.02	16.82	192	3	2,686	505
2025-08-26	$51.91	$51.00	10.8%	3.1%	8.3%	12.0%	0.0%	-1.3%	-0.1%	443.2K	-978.2K	-11.8K	0.00	19.77	0	2	2,874	508
2025-08-27	$51.95	$51.00	10.7%	3.1%	7.8%	11.7%	0.0%	-0.2%	-0.1%	446.7K	-974.7K	-11.3K	0.00	13.08	0	2	2,874	508
2025-08-28	$52.12	$51.00	10.7%	3.1%	7.9%	11.6%	10.5%	-5.4%	0.1%	483.3K	-1.2M	-11.9K	0.00	15.56	15	0	2,874	510
2025-08-29	$52.02	$51.00	11.6%	3.3%	7.9%	14.6%	11.6%	-1.6%	-0.9%	449.7K	-960.9K	-11.2K	5.26	12.41	19	100	2,853	510