LII Options History — March 2026

In March 2026, LII traded between $442.18 and $563.34. ATM implied volatility averaged 40.2%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 2.8% (HV 20d: 37.4%). Max pain ranged from $460.00 to $540.00. Net GEX was positive for 3 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 6.68.

Notable Days

2026-03-26: Highest Volume — 279 contracts
2026-03-11: Largest IV drop — 15.0% change
2026-03-03: Highest IV Rank — 42.5%
2026-03-03: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$496.63	$442.18	$563.34	$563.34	$464.25
Max Pain	$487.89	$460.00	$540.00	$530.00	$480.00
ATM IV	40.2%	35.9%	46.5%	43.9%	41.0%
Expected Move	11.3%	10.3%	13.3%	12.6%	11.8%
HV 20d	37.4%	32.5%	47.3%	39.0%	47.3%
HV 60d	33.9%	31.3%	39.3%	31.7%	39.3%
IV Rank	30.4%	22.4%	42.5%	37.5%	32.0%
IV Percentile	87.0%	73.0%	96.4%	94.4%	89.7%
Term Structure	1.2%	-7.0%	4.8%	-5.6%	3.6%
VWIV	40.1%	36.0%	47.9%	44.7%	37.6%
Skew 25d	5.0%	-1.5%	11.4%	7.0%	3.8%
Skew 10d	9.5%	-1.4%	24.8%	5.0%	9.2%
Call IV 25d	36.9%	32.7%	40.9%	40.8%	37.8%
Put IV 25d	41.9%	36.8%	48.8%	47.8%	41.6%
Bid-Ask Spread %	57.96	32.49	94.16	90.14	36.15
Gamma HHI	0.26	0.14	0.39	0.15	0.23
Net GEX	-235.0K	-550.4K	254.8K	190.2K	-523.5K
Net DEX	5.7M	-6.6M	13.6M	-6.6M	10.2M
Net VEX	-73.5K	-96.3K	-63.7K	-69.0K	-96.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.68	0.00	54.80	0.45	0.81
Total Volume	65.947	4	279	162	29
Total OI	1,035.421	821	1,276	821	1,214

Daily Data (19 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
2026-03-02	$563.34	$530.00	43.9%	12.6%	39.0%	37.5%	44.7%	7.0%	-5.6%	190.2K	-6.6M	-69.0K	0.45	90.14	112	50	407	414
2026-03-03	$553.61	$540.00	46.5%	13.3%	39.9%	42.5%	47.9%	7.9%	-7.0%	254.8K	-6.2M	-74.2K	16.75	90.18	4	67	479	444
2026-03-04	$551.30	$540.00	39.6%	11.4%	39.2%	29.4%	44.0%	11.4%	-1.9%	149.2K	-4.4M	-75.1K	1.25	94.16	4	5	481	503
2026-03-05	$528.94	$510.00	40.7%	10.9%	37.8%	31.5%	38.7%	-1.5%	0.8%	-49.1K	104.1K	-72.9K	0.56	66.92	9	5	484	507
2026-03-06	$516.64	$510.00	42.1%	11.2%	35.7%	34.2%	36.9%	4.6%	0.9%	-169.9K	3.8M	-69.6K	0.23	67.36	13	3	486	506
2026-03-09	$518.78	$480.00	43.2%	10.3%	34.3%	36.1%	45.4%	10.3%	3.0%	-243.4K	4.6M	-66.6K	1.00	67.69	7	7	494	507
2026-03-10	$513.26	$480.00	43.1%	11.1%	34.5%	36.0%	39.8%	6.3%	0.2%	-253.3K	4.4M	-65.6K	0.33	74.99	3	1	493	502
2026-03-11	$508.94	$460.00	36.7%	10.5%	32.5%	23.8%	38.4%	4.9%	2.5%	-310.4K	5.9M	-63.7K	0.99	77.77	91	90	494	506
2026-03-12	$483.63	$460.00	39.6%	11.3%	35.4%	29.4%	39.4%	2.9%	-0.7%	-317.4K	9.8M	-72.1K	0.28	46.56	18	5	543	556
2026-03-13	$478.35	$460.00	38.2%	11.2%	35.2%	26.7%	37.8%	3.9%	0.9%	-332.5K	11.4M	-67.4K	1.00	50.75	12	12	541	553
2026-03-16	$479.68	$470.00	37.3%	10.9%	34.5%	25.0%	37.8%	1.1%	2.2%	-343.8K	11.6M	-67.1K	0.09	52.83	56	5	548	556
2026-03-17	$486.40	$470.00	37.0%	10.7%	35.3%	24.4%	39.6%	4.8%	2.3%	-364.0K	7.9M	-69.2K	0.75	42.61	12	9	568	502
2026-03-18	$479.67	$480.00	37.0%	10.4%	35.0%	24.4%	37.1%	2.3%	2.5%	-308.0K	8.3M	-67.8K	3.00	45.84	2	6	574	501
2026-03-19	$478.75	$480.00	35.9%	10.3%	35.1%	22.4%	0.0%	4.2%	4.8%	-266.1K	6.8M	-66.5K	43.50	41.23	6	261	575	458
2026-03-20	$466.19	$480.00	37.9%	10.7%	34.7%	26.1%	36.0%	7.5%	3.3%	-440.2K	12.4M	-80.5K	1.06	42.52	16	17	574	702
2026-03-23	$478.49	$480.00	37.2%	10.8%	36.9%	24.8%	36.6%	1.7%	2.9%	-281.9K	5.9M	-81.6K	0.11	42.26	27	3	317	562
2026-03-26	$442.18	$480.00	42.3%	12.1%	44.4%	34.5%	43.0%	5.3%	3.7%	-304.5K	9.7M	-77.7K	54.80	38.78	5	274	351	563
2026-03-30	$443.55	$480.00	43.8%	12.6%	43.7%	37.3%	41.6%	7.0%	4.7%	-550.4K	13.6M	-92.9K	0.00	32.49	7	0	370	838
2026-03-31	$464.25	$480.00	41.0%	11.8%	47.3%	32.0%	37.6%	3.8%	3.6%	-523.5K	10.2M	-96.3K	0.81	36.15	16	13	376	838