LMNR Options History — March 2023

In March 2023, LMNR traded between $15.63 and $16.67. ATM implied volatility averaged 47.9%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 23.0% (HV 20d: 24.9%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 10.77.

Notable Days

  • 2023-03-23: Highest Volume — 887 contracts
  • 2023-03-14: Largest IV spike — 61.6% change
  • 2023-03-08: Highest IV Rank — 34.2%
  • 2023-03-14: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.11$15.63$16.67$15.73$16.60
Max Pain$17.17$15.00$17.50$15.00$17.50
ATM IV47.9%30.4%81.6%47.0%35.0%
Expected Move12.3%8.7%16.5%13.5%10.0%
HV 20d24.9%14.3%37.5%37.5%30.4%
HV 60d34.1%30.4%36.6%35.1%30.6%
IV Rank11.5%0.0%34.2%10.7%3.1%
IV Percentile29.5%0.0%93.3%26.2%3.6%
Term Structure-2.5%-26.7%22.5%-12.7%5.6%
VWIV50.0%30.8%76.3%56.3%34.2%
Skew 25d1.3%-18.6%17.8%-8.4%3.8%
Skew 10d25.2%-19.8%202.8%-19.8%24.8%
Call IV 25d45.5%23.5%74.0%53.7%36.0%
Put IV 25d46.9%28.9%67.0%45.2%39.8%
Bid-Ask Spread %106.9691.11124.9693.46100.85
Gamma HHI0.450.370.570.460.40
Net GEX16.0K-9.0K43.6K-6.0K43.6K
Net DEX-615.6K-1.6M-84.8K-151.4K-1.5M
Net VEX-2.8K-4.9K-1.4K-1.4K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.770.00200.000.050.00
Total Volume990887500
Total OI1,652.6969722,0391,2722,039

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$15.73$15.0047.0%13.5%37.5%10.7%0.0%-8.4%-12.7%-6.0K-151.4K-1.4K0.0093.46050590682
2023-03-02$15.78$15.0050.5%14.5%22.4%13.1%56.3%-1.1%-26.7%-9.0K-84.8K-1.7K0.0591.11221590732
2023-03-03$15.95$15.0056.4%16.2%15.7%17.1%55.1%1.2%-19.6%-4.8K-158.1K-1.6K0.0096.792610624732
2023-03-06$15.87$17.5044.4%8.9%14.3%8.9%68.8%-0.5%16.0%1.3K-280.8K-2.3K0.04101.22894876732
2023-03-07$15.73$17.5052.9%12.0%15.2%14.7%48.9%-6.1%3.8%-1.5K-192.6K-2.3K0.69103.495538956732
2023-03-08$15.89$17.5081.6%12.2%14.6%34.2%30.8%12.6%-20.3%8.4K-313.7K-2.1K1.0096.7912121,006740
2023-03-09$15.90$17.5058.3%8.9%14.6%18.4%0.0%17.0%10.3%3.5K-257.7K-2.3K0.09106.712321,012748
2023-03-10$16.55$17.5042.6%14.5%18.9%7.7%52.7%0.9%-14.3%20.3K-528.0K-2.5K0.40112.1486341,020748
2023-03-13$16.67$17.5048.9%12.0%18.9%12.0%47.5%-2.0%0.9%30.2K-664.6K-2.5K0.71100.5414101,088747
2023-03-14$16.08$17.5079.1%16.5%24.3%32.5%47.8%9.2%-12.4%6.6K-433.2K-2.4K0.54113.4535191,118757
2023-03-15$15.77$17.5057.2%16.4%25.8%17.6%76.3%-12.4%-6.0%-3.3K-332.8K-2.5K0.00112.910301,153775
2023-03-16$16.12$17.5040.7%11.7%26.3%6.4%52.3%11.5%-2.7%13.1K-430.8K-2.2K200.00105.5224001,153804
2023-03-17$15.63$17.5047.7%13.7%29.3%11.2%45.0%-11.7%-24.6%11.1K-412.6K-2.2K0.67102.62641,154629
2023-03-20$15.88$17.5050.1%14.4%29.3%12.8%43.8%0.6%-21.7%12.6K-294.1K-2.1K0.22105.02235755217
2023-03-21$16.27$17.5046.4%13.3%30.0%10.3%37.6%-3.8%17.4%14.1K-426.0K-2.2K0.20105.93306796222
2023-03-22$16.31$17.5030.4%8.7%28.6%0.0%58.9%17.8%10.3%18.2K-415.0K-2.4K0.00112.19028826227
2023-03-23$16.09$17.5041.3%11.8%28.9%7.4%0.0%7.2%4.1%14.6K-304.4K-2.2K0.00124.968870826255
2023-03-24$16.21$17.5041.6%11.9%29.0%7.6%0.0%0.8%2.9%37.5K-1.3M-4.9K0.00117.76601,706255
2023-03-27$16.39$17.5043.7%12.5%29.1%9.0%43.9%-13.6%-0.1%35.5K-1.3M-4.6K0.00115.30501,711255
2023-03-28$16.46$17.5030.9%8.9%28.7%0.4%0.0%13.9%10.9%42.7K-1.5M-4.5K0.00115.846301,709255
2023-03-29$16.18$17.5043.0%12.3%29.5%8.5%0.0%-18.6%-2.0%39.8K-1.3M-4.8K0.00113.28801,771255
2023-03-30$16.57$17.5030.9%8.9%30.6%0.4%34.2%11.8%22.5%40.0K-1.6M-4.7K0.00112.25701,779255
2023-03-31$16.60$17.5035.0%10.0%30.4%3.1%0.0%3.8%5.6%43.6K-1.5M-4.5K0.00100.85001,784255