LOW Options History — October 2007

In October 2007, LOW traded between $26.13 and $29.29. ATM implied volatility averaged 30.3%, placing in the 65.1% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 1.7% (HV 20d: 32.0%). Max pain ranged from $27.50 to $30.00. Net GEX was positive for 6 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 0.95.

Notable Days

  • 2007-10-19: Highest Volume — 42,350 contracts
  • 2007-10-15: Largest IV spike — 16.5% change
  • 2007-10-19: Highest IV Rank — 90.2%
  • 2007-10-19: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.89$26.13$29.29$28.70$26.89
Max Pain$27.93$27.50$30.00$30.00$27.50
ATM IV30.3%24.6%36.4%28.7%31.6%
Expected Move8.8%7.6%10.4%8.2%9.1%
HV 20d32.0%25.0%36.4%36.4%25.0%
HV 60d34.0%33.4%35.0%33.8%33.9%
IV Rank65.1%41.5%90.2%58.3%70.4%
IV Percentile85.1%59.2%98.5%81.3%89.5%
Term Structure1.0%-1.1%3.5%3.5%2.2%
VWIV31.2%26.4%35.3%27.5%33.9%
Skew 25d4.2%1.8%7.3%3.4%1.9%
Skew 10d9.1%-2.8%18.4%17.1%-2.8%
Call IV 25d29.4%25.5%35.4%25.8%32.9%
Put IV 25d33.5%29.2%38.7%29.2%34.9%
Bid-Ask Spread %7.784.5714.385.237.27
Gamma HHI0.240.200.410.220.22
Net GEX-1.2M-4.8M303.3K-1.8M153.1K
Net DEX120.2M45.8M268.2M103.4M124.8M
Net VEX-2.4M-2.6M-2.1M-2.5M-2.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.152.061.260.78
Total Volume13,9063,24142,3509,78615,740
Total OI502,236.348442,908537,919514,561476,291

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-10-01$28.70$30.0028.7%8.2%36.4%58.3%27.5%3.4%3.5%-1.8M103.4M-2.5M1.265.23N/AN/A4,3315,455258,335256,226
2007-10-02$28.71$30.0029.1%8.3%36.4%59.9%26.4%3.3%2.3%-1.6M97.1M-2.5M1.055.47N/AN/A7,2517,631258,920256,794
2007-10-03$28.93$30.0026.6%7.6%36.0%49.6%27.2%3.7%0.8%-835.9K71.4M-2.5M0.735.54N/AN/A5,5774,053262,531256,379
2007-10-04$28.64$30.0029.2%8.4%36.0%60.5%27.6%3.1%2.0%-1.3M100.0M-2.5M1.535.54N/AN/A3,4455,255263,276256,394
2007-10-05$29.29$27.5024.6%7.8%36.0%41.5%29.0%4.3%0.5%-498.4K45.8M-2.6M0.3410.64N/AN/A9,7043,305263,835258,776
2007-10-08$28.76$27.5024.8%7.8%36.2%42.2%30.3%4.6%1.2%-1.2M93.0M-2.5M0.988.60N/AN/A2,5572,511267,066259,406
2007-10-09$29.01$27.5025.0%7.9%36.2%42.9%29.6%5.8%1.4%-806.0K71.5M-2.5M0.397.12N/AN/A3,5551,385267,159259,648
2007-10-10$29.07$27.5026.7%7.8%36.0%49.9%29.6%6.4%1.2%-953.4K63.5M-2.5M1.277.39N/AN/A2,8263,601266,337260,197
2007-10-11$28.97$27.5028.7%8.2%34.0%58.2%29.1%5.1%0.5%-1.1M72.5M-2.5M0.3914.38N/AN/A9,1873,548268,267261,226
2007-10-12$28.93$27.5027.8%8.0%33.9%54.4%28.0%5.3%1.0%-1.4M84.2M-2.5M0.626.87N/AN/A1,9981,243268,502261,988
2007-10-15$28.16$27.5032.3%9.3%35.0%73.4%31.0%4.3%-1.1%-2.8M152.7M-2.3M1.375.90N/AN/A5,4217,441269,324262,636
2007-10-16$27.75$27.5032.7%9.4%31.6%74.8%32.7%4.4%-1.0%-3.8M182.4M-2.3M0.595.74N/AN/A6,7123,988272,052265,867
2007-10-17$27.38$27.5031.7%9.1%31.6%70.7%31.8%5.3%-0.6%-4.8M219.7M-2.3M0.966.51N/AN/A6,9946,735269,680265,793
2007-10-18$27.08$27.5032.5%9.3%30.8%74.0%32.2%1.8%-1.1%-4.3M216.8M-2.2M2.066.89N/AN/A5,53411,400273,293257,004
2007-10-19$26.13$27.5036.4%10.4%32.4%90.2%35.2%2.5%0.2%-1.5M268.2M-2.1M1.2710.31N/AN/A18,68123,669273,913261,478
2007-10-22$26.92$27.5031.5%9.0%35.0%69.9%32.0%5.0%2.1%-964.1K136.9M-2.2M0.5412.93N/AN/A17,4609,482223,369219,539
2007-10-23$26.72$27.5031.4%9.0%26.0%69.6%34.3%4.8%1.5%-127.5K130.9M-2.2M1.164.57N/AN/A5,7716,685231,379212,932
2007-10-24$27.18$27.5032.8%9.4%27.0%75.3%34.9%4.7%1.5%180.2K101.4M-2.3M1.589.33N/AN/A6,1929,757232,741216,532
2007-10-25$26.97$27.5034.0%9.8%26.9%80.5%33.3%4.0%1.3%188.0K107.9M-2.3M1.209.10N/AN/A6,1457,362234,834217,273
2007-10-26$27.15$27.5032.8%9.4%26.9%75.4%33.3%1.8%2.3%208.2K105.4M-2.3M0.6310.22N/AN/A8,0955,061236,884221,687
2007-10-29$27.20$27.5033.3%9.6%25.3%77.6%35.3%7.3%1.1%188.3K107.4M-2.3M0.155.26N/AN/A14,6122,143236,854224,149
2007-10-30$26.99$27.5033.3%9.5%25.3%77.2%34.2%3.5%1.3%303.3K107.9M-2.3M1.088.04N/AN/A9,79010,550240,547224,123
2007-10-31$26.89$27.5031.6%9.1%25.0%70.4%33.9%1.9%2.2%153.1K124.8M-2.4M0.787.27N/AN/A8,8586,882246,625229,666