LII Options History — April 2026

In April 2026, LII traded between $449.48 and $523.58. ATM implied volatility averaged 45.1%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded below realized volatility by 8.4% (HV 20d: 53.5%). Max pain ranged from $470.00 to $490.00. Net GEX was positive for 0 of 12 trading days. Term structure was in contango for 1 of 12 days. Put/call ratio averaged 1.47.

Notable Days

2026-04-15: Highest Volume — 425 contracts
2026-04-15: Largest IV spike — 14.0% change
2026-04-20: Highest IV Rank — 100.0%
2026-04-20: Largest Expected Move — 15.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$482.03	$449.48	$523.58	$467.61	$491.90
Max Pain	$482.50	$470.00	$490.00	$480.00	$490.00
ATM IV	45.1%	38.2%	53.7%	38.2%	53.7%
Expected Move	12.9%	11.0%	15.4%	11.0%	15.4%
HV 20d	53.5%	43.0%	62.5%	43.0%	60.2%
HV 60d	42.9%	39.2%	45.7%	39.4%	45.7%
IV Rank	47.0%	26.7%	100.0%	26.7%	100.0%
IV Percentile	92.9%	82.9%	100.0%	82.9%	99.6%
Term Structure	-4.9%	-12.2%	5.0%	5.0%	-10.9%
VWIV	44.9%	39.1%	51.5%	39.2%	51.5%
Skew 25d	4.6%	-0.1%	8.5%	4.1%	-0.1%
Skew 10d	10.2%	4.5%	21.4%	7.0%	4.5%
Call IV 25d	42.7%	37.6%	49.7%	38.7%	49.7%
Put IV 25d	47.3%	42.8%	53.3%	42.8%	49.6%
Bid-Ask Spread %	50.18	37.11	63.79	42.65	42.89
Gamma HHI	0.19	0.12	0.26	0.22	0.17
Net GEX	-304.9K	-598.0K	-21.6K	-485.7K	-210.6K
Net DEX	4.6M	-4.6M	12.5M	9.0M	738.8K
Net VEX	-99.5K	-112.3K	-88.5K	-97.7K	-109.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.47	0.00	5.50	0.00	0.31
Total Volume	50.167	3	425	3	17
Total OI	1,418.583	1,236	1,747	1,236	1,636

Daily Data (12 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
2026-04-01	$467.61	$480.00	38.2%	11.0%	43.0%	26.7%	39.2%	4.1%	5.0%	-485.7K	9.0M	-97.7K	0.00	42.65	3	0	393	843
2026-04-02	$457.10	$490.00	42.0%	12.0%	43.1%	33.9%	43.8%	3.8%	-2.9%	-523.9K	11.3M	-95.4K	0.00	58.93	8	0	396	843
2026-04-06	$455.21	$490.00	40.7%	11.7%	43.1%	31.4%	0.0%	6.7%	-2.5%	-550.7K	11.5M	-93.1K	5.50	63.79	2	11	398	843
2026-04-07	$449.48	$490.00	45.1%	12.9%	43.0%	39.7%	0.0%	5.5%	-4.5%	-598.0K	12.5M	-91.3K	2.50	59.03	2	5	400	851
2026-04-09	$489.98	$470.00	41.4%	11.9%	53.4%	32.8%	39.1%	5.5%	-3.2%	-251.0K	3.2M	-98.6K	0.20	52.17	5	1	473	855
2026-04-10	$508.00	$470.00	42.3%	12.1%	54.6%	34.5%	40.7%	5.7%	-3.5%	-142.2K	-937.1K	-95.3K	2.63	56.32	8	21	473	854
2026-04-14	$523.58	$470.00	40.7%	11.7%	55.7%	31.4%	0.0%	5.2%	-3.5%	-21.6K	-4.6M	-88.5K	0.00	39.64	0	4	479	861
2026-04-15	$483.88	$470.00	46.4%	13.3%	62.4%	42.2%	45.3%	7.6%	-5.1%	-292.4K	4.4M	-92.0K	0.78	37.11	239	186	479	861
2026-04-16	$477.84	$490.00	48.3%	13.8%	62.5%	45.8%	47.3%	2.2%	-6.9%	-236.2K	5.0M	-110.7K	4.13	50.85	8	33	701	1,014
2026-04-17	$487.39	$490.00	48.3%	13.8%	60.3%	45.8%	46.8%	0.4%	-8.1%	-113.8K	2.1M	-112.3K	0.11	46.46	35	4	705	1,042
2026-04-20	$492.35	$490.00	53.7%	15.4%	60.2%	100.0%	50.4%	8.5%	-12.2%	-232.8K	1.4M	-109.5K	0.00	52.37	10	0	622	1,001
2026-04-21	$491.90	$490.00	53.7%	15.4%	60.2%	100.0%	51.5%	-0.1%	-10.9%	-210.6K	738.8K	-109.7K	0.31	42.89	13	4	635	1,001