LTSpice defines the sine wave in terms of the amplitude of the sine wave. The amplitude is the \$A\$ in the form \$A \sin\left(\omega t + \phi\right)\$. Since the sine function ranges from -1 to +1, the peak-to-peak range of the sine wave is \$2A\$ as you observed.
If you want a sine wave with 10 V rms amplitude, you need to tell LTSpice the amplitude is 14.14 V.
In LTspice simulation it is not alternating. Why?
Because in SPICE, unless you direct it otherwise, the current in the inductor starts at 0. To get the result you expect you have several options:
Change the phase of the source by 90 degrees to create a cosine source.
.IC directive to set the initial current through the inductor.
Run the simulation for long enough (maybe 100 cycles?) for the initial transient due to the initial conditions to decay, resulting in the steady-state behavior. You may need to add some loss mechanism (like a small series resistor) for this to give the expected result.
I had the same concern as W5VO that the transient wouldn't settle in the idealized world of the situation, which is why I recommended adding a loss element. But when I try the simulation, LTSpice actually produces the expected results, even without adding loss explicitly.
I suspect this is because of the "GMIN" elements added between each node and ground Massimo Ortolando pointed out in comments that this is because LTSpice automatically adds a non-zero resistance term to any inductor, unless the series resistance is explicitly set to 0 or a program setting is changed: