LII Options History — July 2022

In July 2022, LII traded between $212.27 and $240.64. ATM implied volatility averaged 36.6%, placing in the 45.5% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 5.5% (HV 20d: 31.1%). Max pain ranged from $190.00 to $220.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 1.06.

Notable Days

2022-07-29: Highest Volume — 184 contracts
2022-07-11: Largest IV spike — 56.9% change
2022-07-11: Highest IV Rank — 100.0%
2022-07-25: Largest Expected Move — 10.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$220.78	$212.27	$240.64	$212.27	$240.64
Max Pain	$201.00	$190.00	$220.00	$210.00	$220.00
ATM IV	36.6%	27.8%	57.2%	34.7%	27.8%
Expected Move	9.8%	8.0%	10.6%	10.0%	8.0%
HV 20d	31.1%	23.2%	38.0%	37.5%	25.0%
HV 60d	36.2%	33.3%	38.1%	37.8%	34.0%
IV Rank	45.5%	19.7%	100.0%	45.9%	19.7%
IV Percentile	75.8%	41.3%	100.0%	76.6%	41.3%
Term Structure	-0.8%	-3.2%	2.3%	2.3%	0.9%
VWIV	38.4%	32.7%	41.3%	38.2%	32.7%
Skew 25d	6.8%	3.0%	11.1%	3.5%	5.1%
Skew 10d	14.1%	1.9%	25.8%	11.4%	15.4%
Call IV 25d	31.8%	24.9%	36.9%	33.4%	24.9%
Put IV 25d	38.6%	29.9%	41.7%	36.9%	29.9%
Bid-Ask Spread %	90.97	83.10	100.82	98.48	100.82
Gamma HHI	0.15	0.10	0.21	0.20	0.21
Net GEX	7.3K	-27.3K	35.9K	-27.3K	35.6K
Net DEX	-268.9K	-975.3K	238.3K	238.3K	-975.3K
Net VEX	-4.9K	-5.5K	-4.3K	-4.6K	-5.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.06	0.76	1.55	1.53	0.84
Total Volume	164.25	149	184	149	184
Total OI	251.75	199	299	260	236

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
2022-07-01	$212.27	$210.00	34.7%	10.0%	37.5%	45.9%	38.2%	3.5%	2.3%	-27.3K	238.3K	-4.6K	1.53	98.48	59	90	97	163
2022-07-05	$216.63	$190.00	40.3%	10.4%	38.0%	63.2%	40.9%	5.3%	-2.7%	-20.0K	33.4K	-4.3K	1.53	83.66	60	92	99	164
2022-07-06	$217.06	$195.00	38.4%	10.1%	37.9%	56.3%	41.3%	7.5%	0.8%	-16.8K	961	-4.4K	1.53	83.10	60	92	101	169
2022-07-07	$217.71	$195.00	37.0%	9.6%	37.9%	51.9%	39.3%	10.5%	0.9%	-14.1K	-53.2K	-4.3K	1.55	86.03	60	93	101	168
2022-07-08	$214.92	$200.00	36.5%	10.3%	37.8%	50.1%	39.1%	7.1%	-0.7%	-16.0K	-23.6K	-4.3K	1.23	85.59	80	98	101	168
2022-07-11	$215.77	$200.00	57.2%	10.1%	37.3%	100.0%	41.1%	8.9%	0.5%	-5.2K	-225.7K	-5.2K	1.14	87.82	80	91	122	171
2022-07-12	$216.96	$200.00	47.9%	10.3%	36.5%	74.5%	40.6%	7.0%	0.9%	-1.1K	-311.1K	-5.0K	1.14	83.95	80	91	122	176
2022-07-13	$216.98	$200.00	36.0%	10.3%	34.6%	42.0%	41.3%	4.6%	-1.5%	680	-314.9K	-5.1K	1.10	86.01	80	88	122	176
2022-07-14	$213.43	$200.00	34.9%	10.0%	35.1%	39.0%	39.7%	8.1%	0.2%	2.9K	-200.4K	-4.8K	1.10	86.64	80	88	122	177
2022-07-15	$216.12	$200.00	35.3%	10.1%	35.1%	40.2%	39.9%	8.4%	-2.8%	9.6K	-421.6K	-4.8K	1.02	92.37	86	88	122	177
2022-07-18	$212.35	$200.00	34.1%	9.8%	26.0%	36.9%	36.3%	9.4%	1.4%	7.2K	68.6K	-4.6K	0.89	91.67	80	71	103	96
2022-07-19	$220.25	$200.00	33.9%	9.7%	28.1%	36.2%	38.7%	5.3%	0.4%	8.4K	-93.3K	-4.8K	0.76	92.95	93	71	103	100
2022-07-20	$221.07	$200.00	35.0%	10.0%	28.1%	39.2%	37.4%	4.6%	-1.6%	16.8K	-215.0K	-5.3K	0.81	91.44	89	72	115	100
2022-07-21	$225.70	$200.00	33.1%	9.5%	28.4%	34.2%	36.0%	3.0%	-3.2%	24.2K	-386.9K	-5.5K	0.79	91.54	91	72	125	101
2022-07-22	$226.96	$200.00	33.1%	9.5%	24.1%	34.0%	36.8%	5.3%	-1.7%	27.0K	-462.2K	-5.5K	0.83	95.88	87	72	127	101
2022-07-25	$224.08	$200.00	36.8%	10.6%	23.3%	44.3%	40.0%	7.9%	-3.2%	23.2K	-320.4K	-5.2K	0.84	94.69	88	74	120	101
2022-07-26	$224.24	$200.00	35.2%	10.1%	23.2%	39.9%	39.5%	9.4%	-3.1%	23.9K	-343.6K	-5.2K	0.84	93.74	88	74	123	104
2022-07-27	$228.47	$200.00	34.0%	9.7%	23.3%	36.5%	35.4%	11.1%	-3.0%	30.9K	-564.3K	-5.2K	0.85	93.53	92	78	123	104
2022-07-28	$233.91	$210.00	29.8%	8.6%	24.1%	25.2%	33.4%	4.4%	-0.6%	35.9K	-807.9K	-5.3K	0.90	99.41	91	82	126	109
2022-07-29	$240.64	$220.00	27.8%	8.0%	25.0%	19.7%	32.7%	5.1%	0.9%	35.6K	-975.3K	-5.1K	0.84	100.82	100	84	125	111