LTPZ Options History — November 2025

In November 2025, LTPZ traded between $52.83 and $53.66. ATM implied volatility averaged 11.2%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded above realized volatility by 2.4% (HV 20d: 8.7%). Max pain ranged from $53.00 to $53.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.56.

Notable Days

2025-11-26: Highest Volume — 185 contracts
2025-11-10: Largest IV spike — 53.6% change
2025-11-10: Highest IV Rank — 27.2%
2025-11-17: Largest Expected Move — 3.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.20	$52.83	$53.66	$53.35	$53.38
Max Pain	$53.00	$53.00	$53.00	$53.00	$53.00
ATM IV	11.2%	9.5%	15.3%	9.8%	10.7%
Expected Move	3.2%	2.7%	3.6%	2.8%	3.1%
HV 20d	8.7%	7.6%	10.0%	9.5%	7.6%
HV 60d	9.5%	8.9%	9.7%	9.7%	8.9%
IV Rank	14.0%	7.3%	27.2%	8.5%	12.9%
IV Percentile	39.8%	9.9%	90.5%	13.9%	31.3%
Term Structure	0.0%	-3.3%	2.1%	1.4%	-0.1%
VWIV	10.7%	9.0%	12.5%	12.0%	9.0%
Skew 25d	0.6%	-2.7%	14.4%	-2.7%	1.3%
Skew 10d	0.1%	-11.7%	11.1%	-5.3%	2.0%
Call IV 25d	11.5%	9.3%	13.1%	10.5%	9.3%
Put IV 25d	12.1%	7.8%	24.5%	7.8%	10.5%
Bid-Ask Spread %	25.53	16.34	78.20	17.13	22.34
Gamma HHI	0.47	0.33	0.83	0.39	0.35
Net GEX	975.4K	425.2K	3.4M	797.6K	537.2K
Net DEX	-2.6M	-3.9M	-1.3M	-3.1M	-2.0M
Net VEX	-14.4K	-16.5K	-11.7K	-15.8K	-14.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.00	3.33	0.17	3.33
Total Volume	38.947	0	185	82	13
Total OI	2,809.263	2,278	3,015	2,831	2,530

Daily Data (19 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
2025-11-03	$53.35	$53.00	9.8%	2.8%	9.5%	8.5%	12.0%	-2.7%	1.4%	797.6K	-3.1M	-15.8K	0.17	17.13	70	12	2,263	568
2025-11-04	$53.40	$53.00	9.8%	2.8%	9.1%	8.6%	0.0%	-2.7%	1.7%	784.1K	-3.5M	-16.5K	0.92	16.34	24	22	2,292	580
2025-11-05	$52.88	$53.00	9.5%	2.7%	9.7%	7.3%	9.5%	14.4%	2.1%	789.5K	-2.4M	-15.7K	0.38	20.77	26	10	2,297	592
2025-11-06	$53.25	$53.00	10.1%	3.4%	10.0%	9.5%	0.0%	-0.8%	-0.8%	807.1K	-3.2M	-16.5K	0.00	25.69	0	0	2,323	602
2025-11-07	$53.21	$53.00	9.9%	3.4%	9.0%	9.0%	0.0%	-1.3%	-0.5%	828.9K	-3.2M	-16.4K	0.00	23.24	0	1	2,319	602
2025-11-10	$53.24	$53.00	15.3%	3.4%	9.0%	27.2%	0.0%	0.1%	-0.4%	845.3K	-3.0M	-15.5K	0.00	27.68	1	0	2,319	603
2025-11-11	$53.62	$53.00	10.8%	3.4%	9.3%	11.9%	0.0%	-0.7%	-0.2%	834.4K	-3.8M	-15.4K	0.00	23.83	0	0	2,319	603
2025-11-12	$53.59	$53.00	12.2%	3.5%	9.3%	16.8%	0.0%	-1.4%	-0.7%	848.5K	-3.9M	-15.4K	0.00	22.14	0	2	2,319	603
2025-11-13	$53.26	$53.00	11.6%	3.3%	9.0%	14.5%	0.0%	-1.2%	-3.3%	952.3K	-3.1M	-14.9K	0.00	30.98	19	0	2,319	605
2025-11-14	$52.98	$53.00	11.5%	3.3%	9.0%	15.9%	10.3%	1.0%	0.8%	775.7K	-2.4M	-14.3K	0.09	22.52	23	2	2,300	605
2025-11-17	$53.05	$53.00	12.4%	3.6%	8.8%	19.6%	10.8%	2.5%	-0.8%	1.0M	-2.6M	-14.0K	0.03	32.49	58	2	2,304	607
2025-11-18	$52.94	$53.00	12.2%	3.5%	8.3%	18.8%	12.5%	1.8%	0.3%	1.1M	-2.2M	-14.4K	0.63	24.44	32	20	2,339	608
2025-11-19	$52.83	$53.00	12.1%	3.5%	8.1%	18.4%	9.9%	-0.4%	-0.6%	1.1M	-1.9M	-12.8K	0.11	19.11	55	6	2,356	623
2025-11-20	$52.84	$53.00	11.5%	3.3%	8.0%	15.9%	11.4%	-0.5%	0.1%	1.7M	-1.7M	-12.8K	0.00	18.95	8	0	2,386	629
2025-11-21	$52.95	$53.00	10.9%	3.1%	8.1%	13.8%	11.1%	0.2%	-0.1%	3.4M	-1.8M	-11.7K	0.00	21.46	56	0	2,386	629
2025-11-24	$53.15	$53.00	10.9%	3.1%	8.2%	13.8%	10.8%	1.1%	-0.0%	425.2K	-1.3M	-11.9K	0.05	19.06	43	2	1,701	577
2025-11-25	$53.30	$53.00	10.2%	2.9%	8.0%	10.9%	9.0%	0.5%	1.4%	470.5K	-1.7M	-12.3K	2.69	78.20	13	35	1,744	579
2025-11-26	$53.66	$53.00	10.7%	3.1%	7.8%	13.1%	0.0%	0.3%	0.4%	515.5K	-2.1M	-12.5K	0.04	18.61	178	7	1,756	589
2025-11-28	$53.38	$53.00	10.7%	3.1%	7.6%	12.9%	0.0%	1.3%	-0.1%	537.2K	-2.0M	-14.3K	3.33	22.34	3	10	1,934	596