LII Options History — June 2025

In June 2025, LII traded between $536.35 and $571.56. ATM implied volatility averaged 31.0%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 6.7% (HV 20d: 24.4%). Max pain ranged from $560.00 to $600.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 4.97.

Notable Days

2025-06-18: Highest Volume — 603 contracts
2025-06-09: Largest IV spike — 10.4% change
2025-06-09: Highest IV Rank — 22.4%
2025-06-18: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$555.39	$536.35	$571.56	$553.08	$571.56
Max Pain	$566.00	$560.00	$600.00	$560.00	$560.00
ATM IV	31.0%	28.2%	35.8%	32.5%	28.2%
Expected Move	8.8%	8.1%	9.5%	9.3%	8.1%
HV 20d	24.4%	19.9%	29.4%	28.5%	20.0%
HV 60d	45.7%	43.7%	49.3%	49.3%	43.7%
IV Rank	13.3%	8.0%	22.4%	16.1%	8.0%
IV Percentile	50.4%	21.0%	82.5%	64.3%	21.0%
Term Structure	2.7%	-0.4%	5.5%	-0.4%	4.7%
VWIV	31.1%	26.4%	33.7%	32.3%	28.5%
Skew 25d	4.4%	0.7%	9.1%	6.0%	4.9%
Skew 10d	6.1%	-6.9%	19.7%	3.2%	12.7%
Call IV 25d	28.1%	24.9%	31.7%	27.8%	26.5%
Put IV 25d	32.5%	28.8%	38.1%	33.9%	31.3%
Bid-Ask Spread %	81.20	72.59	93.42	92.82	86.80
Gamma HHI	0.16	0.08	0.28	0.17	0.14
Net GEX	271.0K	-572.0K	867.0K	592.0K	340.4K
Net DEX	811.2K	-5.4M	11.2M	238.1K	-5.2M
Net VEX	-70.1K	-100.8K	-50.5K	-97.2K	-56.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.97	0.17	48.00	0.67	0.73
Total Volume	60.35	2	603	20	19
Total OI	1,659.35	731	2,090	2,011	817

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
2025-06-02	$553.08	$560.00	32.5%	9.3%	28.5%	16.1%	32.3%	6.0%	-0.4%	592.0K	238.1K	-97.2K	0.67	92.82	12	8	1,292	719
2025-06-03	$560.08	$560.00	31.4%	9.0%	28.7%	14.0%	31.5%	3.3%	1.3%	772.3K	-4.8M	-100.8K	1.33	92.20	9	12	1,292	724
2025-06-04	$562.25	$560.00	30.1%	8.6%	28.7%	11.6%	30.0%	5.0%	1.3%	867.0K	-5.4M	-100.0K	2.50	93.42	4	10	1,296	729
2025-06-05	$551.41	$600.00	32.3%	9.2%	29.4%	15.8%	28.6%	5.2%	2.2%	368.7K	3.1M	-90.1K	0.18	73.37	11	2	1,300	737
2025-06-06	$551.34	$600.00	32.4%	9.4%	28.8%	16.0%	33.2%	5.4%	2.6%	400.4K	2.4M	-89.1K	0.50	72.59	18	9	1,304	736
2025-06-09	$557.31	$600.00	35.8%	9.2%	29.1%	22.4%	32.1%	3.5%	1.2%	563.0K	170.6K	-85.7K	0.33	73.92	24	8	1,319	740
2025-06-10	$554.83	$560.00	33.7%	9.5%	25.9%	18.4%	33.6%	3.3%	2.3%	555.7K	-793.6K	-84.5K	0.40	73.67	5	2	1,331	743
2025-06-11	$551.13	$560.00	32.3%	9.3%	24.7%	15.8%	0.0%	2.7%	0.2%	239.6K	3.3M	-77.1K	3.00	74.87	2	6	1,330	744
2025-06-12	$549.20	$560.00	29.9%	8.6%	23.4%	11.2%	30.4%	4.3%	3.7%	130.7K	4.7M	-74.0K	15.00	81.19	1	15	1,331	749
2025-06-13	$536.35	$560.00	31.4%	9.0%	24.0%	14.1%	31.5%	0.7%	2.6%	-228.2K	11.1M	-66.5K	2.13	77.54	8	17	1,332	758
2025-06-16	$542.38	$560.00	30.1%	8.6%	23.6%	11.7%	0.0%	4.0%	3.4%	-572.0K	11.2M	-57.2K	48.00	82.74	5	240	1,327	733
2025-06-17	$540.36	$560.00	30.5%	8.8%	23.5%	12.4%	32.8%	6.4%	2.4%	-429.9K	9.5M	-54.2K	0.60	75.63	10	6	1,331	694
2025-06-18	$549.24	$560.00	33.0%	9.5%	24.6%	17.1%	31.2%	3.5%	3.0%	-261.6K	4.2M	-53.3K	18.45	79.96	31	572	1,337	679
2025-06-20	$549.83	$560.00	30.3%	8.7%	20.3%	11.9%	30.2%	6.1%	5.5%	760.4K	1.9M	-51.2K	1.13	76.16	15	17	1,360	648
2025-06-23	$562.36	$560.00	29.9%	8.6%	21.8%	11.2%	33.7%	9.1%	3.6%	222.3K	-2.8M	-50.5K	1.33	84.14	6	8	483	248
2025-06-24	$568.95	$560.00	28.2%	8.1%	21.6%	8.1%	29.9%	3.5%	4.2%	266.2K	-4.3M	-54.2K	0.17	85.70	12	2	493	249
2025-06-25	$565.59	$560.00	28.6%	8.2%	20.8%	8.8%	29.7%	3.9%	4.7%	272.9K	-4.2M	-54.3K	1.00	79.97	6	6	505	250
2025-06-26	$564.62	$560.00	31.3%	9.0%	20.0%	13.9%	33.4%	2.7%	1.0%	274.2K	-4.0M	-53.6K	1.00	85.68	1	1	512	252
2025-06-27	$565.86	$560.00	28.4%	8.1%	19.9%	8.3%	26.4%	3.9%	3.6%	285.6K	-4.2M	-52.4K	0.91	81.70	35	32	511	252
2025-06-30	$571.56	$560.00	28.2%	8.1%	20.0%	8.0%	28.5%	4.9%	4.7%	340.4K	-5.2M	-56.1K	0.73	86.80	11	8	540	277