LTPZ Options History — January 2026

In January 2026, LTPZ traded between $51.47 and $52.45. ATM implied volatility averaged 9.6%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 2.7%. IV traded above realized volatility by 1.8% (HV 20d: 7.8%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.47.

Notable Days

2026-01-09: Highest Volume — 416 contracts
2026-01-23: Largest IV spike — 83.0% change
2026-01-26: Highest IV Rank — 36.3%
2026-01-26: Largest Expected Move — 4.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.04	$51.47	$52.45	$51.73	$51.75
Max Pain	$52.00	$52.00	$52.00	$52.00	$52.00
ATM IV	9.6%	7.7%	16.7%	9.2%	8.4%
Expected Move	2.7%	2.2%	4.8%	2.6%	2.4%
HV 20d	7.8%	7.1%	8.5%	7.1%	8.2%
HV 60d	8.3%	8.0%	8.5%	8.4%	8.1%
IV Rank	8.9%	1.3%	36.3%	7.3%	4.0%
IV Percentile	18.8%	0.4%	93.3%	11.5%	6.0%
Term Structure	0.5%	-0.3%	1.2%	0.1%	0.3%
VWIV	10.1%	7.6%	26.6%	8.9%	8.3%
Skew 25d	1.8%	-4.0%	10.4%	1.4%	-0.5%
Skew 10d	-0.9%	-15.0%	13.5%	2.3%	-1.3%
Call IV 25d	8.8%	5.3%	12.0%	7.5%	8.8%
Put IV 25d	10.6%	7.8%	18.6%	8.9%	8.4%
Bid-Ask Spread %	27.98	14.95	90.31	16.93	20.32
Gamma HHI	0.25	0.22	0.29	0.24	0.28
Net GEX	531.3K	285.7K	722.2K	285.7K	658.0K
Net DEX	-1.7M	-2.7M	-648.8K	-773.1K	-1.7M
Net VEX	-20.2K	-23.5K	-16.5K	-16.7K	-22.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.00	3.53	0.12	0.59
Total Volume	97.2	2	416	28	27
Total OI	2,818.45	2,292	3,250	2,292	3,247

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
2026-01-02	$51.73	$52.00	9.2%	2.6%	7.1%	7.3%	8.9%	1.4%	0.1%	285.7K	-773.1K	-16.7K	0.12	16.93	25	3	1,668	624
2026-01-05	$51.91	$52.00	9.7%	2.7%	7.2%	9.0%	0.0%	-0.1%	0.2%	303.8K	-893.0K	-16.9K	1.56	19.71	9	14	1,683	627
2026-01-06	$51.81	$52.00	10.0%	2.7%	7.1%	10.3%	9.2%	0.0%	0.6%	300.7K	-812.0K	-16.6K	0.00	20.31	21	0	1,687	641
2026-01-07	$52.08	$52.00	10.2%	2.7%	7.2%	10.9%	9.8%	-0.4%	0.6%	334.1K	-1.2M	-17.2K	2.00	28.41	17	34	1,706	641
2026-01-08	$51.80	$52.00	10.3%	2.7%	7.5%	11.3%	9.2%	-0.4%	0.7%	289.5K	-648.8K	-16.5K	0.01	19.10	213	2	1,722	658
2026-01-09	$52.11	$52.00	8.3%	2.2%	7.6%	3.9%	8.1%	-0.5%	0.3%	476.5K	-1.6M	-18.9K	0.00	33.73	416	0	1,928	660
2026-01-12	$51.97	$52.00	9.5%	2.3%	7.7%	8.3%	26.6%	8.7%	0.9%	553.1K	-1.7M	-20.4K	0.00	56.23	400	1	2,199	660
2026-01-13	$52.13	$52.00	8.9%	2.3%	7.1%	6.3%	0.0%	-4.0%	0.7%	557.6K	-1.9M	-19.3K	0.02	24.78	116	2	2,116	661
2026-01-14	$52.36	$52.00	7.7%	2.2%	7.3%	1.6%	7.6%	-0.1%	1.1%	624.9K	-2.6M	-21.1K	0.00	90.31	4	0	2,219	661
2026-01-15	$52.44	$52.00	7.7%	2.2%	7.2%	1.3%	0.0%	0.1%	1.0%	628.6K	-2.7M	-21.0K	0.00	20.34	2	0	2,220	659
2026-01-16	$52.10	$52.00	8.5%	2.4%	7.6%	4.5%	8.5%	1.2%	0.6%	574.5K	-2.0M	-20.5K	0.03	14.95	58	2	2,221	659
2026-01-20	$51.47	$52.00	10.1%	2.9%	8.1%	10.6%	9.5%	1.4%	-0.0%	478.1K	-1.0M	-18.7K	3.53	33.34	34	120	2,218	608
2026-01-21	$51.95	$52.00	9.2%	2.6%	8.5%	7.2%	9.4%	0.7%	0.5%	536.9K	-1.7M	-21.9K	0.46	16.33	13	6	2,252	718
2026-01-22	$52.10	$52.00	8.4%	2.4%	8.5%	4.2%	8.3%	1.1%	0.6%	594.2K	-1.9M	-21.9K	0.02	27.33	92	2	2,265	724
2026-01-23	$52.21	$52.00	15.4%	4.4%	8.5%	31.2%	0.0%	7.3%	1.2%	628.8K	-2.3M	-22.3K	0.00	22.31	0	20	2,311	726
2026-01-26	$52.45	$52.00	16.7%	4.8%	8.4%	36.3%	9.0%	6.2%	-0.3%	682.8K	-2.5M	-22.1K	0.00	29.69	206	0	2,314	736
2026-01-27	$52.33	$52.00	8.0%	2.3%	8.4%	2.7%	9.6%	3.5%	0.9%	722.2K	-2.6M	-23.5K	0.00	23.57	0	3	2,500	736
2026-01-28	$52.14	$52.00	8.2%	2.4%	8.4%	3.4%	0.0%	10.4%	0.4%	702.5K	-2.3M	-23.3K	0.20	22.97	5	1	2,505	739
2026-01-29	$52.04	$52.00	8.3%	2.4%	8.5%	3.7%	8.3%	-0.3%	0.6%	693.7K	-2.1M	-23.4K	0.00	18.90	76	0	2,510	740
2026-01-30	$51.75	$52.00	8.4%	2.4%	8.2%	4.0%	0.0%	-0.5%	0.3%	658.0K	-1.7M	-22.7K	0.59	20.32	17	10	2,514	733