LII Options History — June 2019

In June 2019, LII traded between $268.66 and $285.27. ATM implied volatility averaged 23.9%, placing in the 38.8% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 4.4% (HV 20d: 28.3%). Max pain ranged from $250.00 to $280.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 4.28.

Notable Days

  • 2019-06-07: Highest Volume — 1,151 contracts
  • 2019-06-11: Largest IV spike — 12.1% change
  • 2019-06-03: Highest IV Rank — 53.1%
  • 2019-06-03: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$274.82$268.66$285.27$268.66$274.58
Max Pain$271.00$250.00$280.00$250.00$270.00
ATM IV23.9%21.9%26.3%26.3%21.9%
Expected Move6.8%6.3%7.5%7.5%6.3%
HV 20d28.3%20.1%31.0%28.5%20.1%
HV 60d22.6%21.3%23.3%21.3%22.5%
IV Rank38.8%27.2%53.1%53.1%27.2%
IV Percentile57.1%40.1%72.2%72.2%40.1%
Term Structure1.1%-1.0%2.6%-1.0%2.6%
VWIV24.5%21.7%28.7%28.3%22.0%
Skew 25d4.6%4.1%5.2%5.2%4.3%
Skew 10d10.5%9.6%11.8%11.8%10.4%
Call IV 25d22.1%19.6%24.8%24.8%19.6%
Put IV 25d26.7%23.9%29.9%29.9%23.9%
Bid-Ask Spread %71.9461.3083.4481.3981.30
Gamma HHI0.180.120.320.120.19
Net GEX-488.8K-1.8M217.3K-220.4K-522.4K
Net DEX-7.1M-17.6M4.9M-8.3M2.2M
Net VEX-113.5K-126.8K-88.2K-101.9K-110.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.280.2929.336.941.43
Total Volume269.1791,151286112
Total OI4,995.34,0435,6264,2174,158

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$268.66$250.0026.3%7.5%28.5%53.1%28.3%5.2%-1.0%-220.4K-8.3M-101.9K6.9481.39362501,1983,019
2019-06-04$277.81$250.0023.4%6.7%31.0%35.6%23.7%4.8%0.4%1.5K-15.0M-88.2K1.1479.751471671,1973,218
2019-06-05$277.26$250.0023.5%6.7%29.7%36.5%25.1%4.9%0.1%179.2K-15.3M-97.2K2.4283.44711721,2983,377
2019-06-06$277.96$270.0023.5%6.7%29.1%36.7%24.5%4.5%1.4%217.3K-16.1M-99.4K10.5661.30919611,3233,382
2019-06-07$278.17$280.0023.7%6.8%29.1%37.8%24.9%4.6%1.4%-163.2K-12.1M-126.8K12.3864.76861,0651,3424,108
2019-06-10$285.27$280.0022.4%6.4%29.0%30.0%24.5%4.3%1.9%-57.9K-17.6M-112.7K1.3864.2045621,3424,193
2019-06-11$280.44$280.0025.1%6.8%28.8%46.1%24.1%4.4%1.3%-244.0K-13.1M-120.4K1.5764.5840631,3304,244
2019-06-12$281.42$280.0023.6%6.8%28.7%37.0%23.9%4.6%1.5%-179.4K-14.1M-118.7K1.2865.8250641,3334,244
2019-06-13$276.57$280.0023.7%6.8%29.4%37.6%24.3%4.6%1.4%-400.1K-9.9M-121.7K1.3466.4850671,3344,247
2019-06-14$276.00$280.0023.8%6.8%29.4%37.9%23.4%4.8%1.3%-394.3K-9.5M-121.5K1.0666.6552551,3474,246
2019-06-17$273.10$280.0025.8%7.4%29.6%50.3%28.7%5.0%0.4%-616.6K-6.8M-121.4K0.3466.88100341,3484,256
2019-06-18$271.16$280.0025.5%7.3%29.6%48.1%25.5%5.0%0.7%-1.1M-4.9M-121.0K0.2969.45287831,2494,270
2019-06-19$271.71$270.0025.4%7.3%28.2%47.4%25.2%4.8%0.5%-1.0M-6.7M-121.1K0.3269.97213691,3234,289
2019-06-20$271.76$270.0025.1%7.2%28.0%46.2%25.4%5.1%0.5%-1.0M-7.9M-113.1K0.6769.80132891,3334,293
2019-06-21$268.85$270.0024.7%7.1%28.1%43.5%25.5%4.8%1.0%-1.8M-3.3M-117.5K2.6871.06782091,3054,296
2019-06-24$270.24$270.0022.7%6.5%28.2%31.9%23.6%4.3%1.6%-580.9K4.4M-113.4K29.3376.543887303,313
2019-06-25$270.84$270.0022.7%6.5%27.7%31.4%22.3%4.5%1.9%-626.4K4.9M-115.4K4.6477.2114657313,387
2019-06-26$271.64$270.0022.5%6.4%27.6%30.2%21.7%4.1%2.0%-612.8K4.5M-115.6K4.0079.4216647393,412
2019-06-27$273.01$270.0022.6%6.5%26.3%30.8%23.8%4.2%1.9%-579.7K3.4M-112.5K1.7578.8048847393,413
2019-06-28$274.58$270.0021.9%6.3%20.1%27.2%22.0%4.3%2.6%-522.4K2.2M-110.6K1.4381.3046667443,414