LOW Options History — June 2009

In June 2009, LOW traded between $18.18 and $20.59. ATM implied volatility averaged 39.3%, placing in the 10.5% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 0.7% (HV 20d: 40.0%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2009-06-23: Highest Volume — 11,163 contracts
  • 2009-06-25: Largest IV drop — 13.4% change
  • 2009-06-01: Highest IV Rank — 20.0%
  • 2009-06-01: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.50$18.18$20.59$20.18$19.41
Max Pain$17.95$17.50$20.00$20.00$17.50
ATM IV39.3%32.7%42.9%42.9%32.7%
Expected Move11.3%9.4%12.3%12.3%9.4%
HV 20d40.0%27.5%48.1%47.3%27.5%
HV 60d44.4%41.3%48.8%48.7%41.3%
IV Rank10.5%0.9%20.0%20.0%0.9%
IV Percentile11.0%1.6%19.0%19.0%1.6%
Term Structure2.8%-1.1%5.6%-1.1%5.6%
VWIV39.0%32.3%43.0%43.0%32.3%
Skew 25d5.4%0.9%7.7%5.9%3.3%
Skew 10d12.1%1.8%24.2%24.2%6.8%
Call IV 25d36.9%30.7%40.6%40.0%30.7%
Put IV 25d42.3%34.0%46.0%45.9%34.0%
Bid-Ask Spread %9.356.8815.488.838.58
Gamma HHI0.170.110.260.110.21
Net GEX2.6M1.2M3.7M3.1M2.6M
Net DEX-63.4M-124.1M2.2M-100.3M-59.4M
Net VEX-1.0M-1.2M-919.4K-1.2M-955.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.101.390.391.39
Total Volume5,696.9092,58111,1637,9602,581
Total OI348,396.273306,175375,017357,541319,053

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$20.18$20.0042.9%12.3%47.3%20.0%43.0%5.9%-1.1%3.1M-100.3M-1.2M0.398.83N/AN/A5,7252,235214,431143,110
2009-06-02$20.59$20.0039.0%11.2%47.8%15.8%40.0%6.8%1.0%3.5M-124.1M-1.2M0.2910.39N/AN/A5,8271,675215,657143,209
2009-06-03$20.30$20.0042.6%12.2%48.0%19.7%41.5%7.7%-0.9%3.2M-106.3M-1.2M1.2713.15N/AN/A3,2314,108215,448144,171
2009-06-04$20.09$20.0041.0%11.7%48.1%17.9%40.5%6.1%0.1%3.1M-97.3M-1.2M0.5715.48N/AN/A2,7181,559216,580145,606
2009-06-05$20.04$17.5039.3%11.7%47.4%16.2%38.8%6.3%2.6%3.0M-93.3M-1.2M0.328.19N/AN/A6,1431,967216,607144,465
2009-06-08$20.11$17.5041.2%11.7%46.3%11.8%39.4%7.2%2.9%3.1M-97.9M-1.1M0.568.63N/AN/A2,4041,351216,328145,264
2009-06-09$20.46$17.5037.7%11.5%44.0%7.7%40.4%7.4%2.8%3.7M-116.5M-1.1M0.368.59N/AN/A2,221793217,368145,188
2009-06-10$20.37$17.5039.8%11.5%44.0%10.2%37.5%7.2%2.3%3.5M-107.9M-1.1M0.7910.43N/AN/A2,7302,168217,390145,307
2009-06-11$19.95$17.5039.8%11.4%44.3%10.1%40.0%6.9%2.6%3.1M-84.9M-1.1M1.1010.36N/AN/A2,7173,001218,022146,300
2009-06-12$19.85$17.5037.8%10.8%44.4%7.9%38.2%6.4%4.4%2.8M-75.8M-1.1M1.0210.82N/AN/A4,3494,457217,715147,112
2009-06-15$19.66$17.5039.3%11.3%43.6%9.6%41.0%5.5%3.5%2.6M-63.4M-1.1M0.2910.31N/AN/A2,576749220,176147,847
2009-06-16$19.10$17.5042.1%12.1%35.1%12.9%40.8%4.7%2.9%1.8M-31.8M-1.0M0.528.29N/AN/A2,0021,045220,745148,210
2009-06-17$19.02$17.5041.7%12.0%35.0%11.5%41.7%5.7%2.6%1.7M-25.5M-1.0M0.908.16N/AN/A3,1952,889221,068148,388
2009-06-18$18.41$17.5042.0%12.0%36.2%11.7%42.0%5.2%3.2%1.2M2.2M-970.2K0.568.81N/AN/A5,2582,936221,704149,875
2009-06-19$18.78$17.5040.1%11.5%36.5%9.6%39.9%6.7%2.9%2.1M-9.5M-970.7K1.1210.02N/AN/A2,3072,586224,099150,918
2009-06-22$18.66$17.5040.8%11.7%36.5%10.4%40.4%4.1%3.6%2.0M-28.3M-955.0K0.808.62N/AN/A3,3002,629187,705118,470
2009-06-23$18.31$17.5039.8%11.4%34.3%9.2%40.4%5.5%4.4%2.0M-14.5M-920.1K0.227.94N/AN/A9,1871,976189,670119,918
2009-06-24$18.18$17.5040.6%11.6%33.8%10.1%39.1%4.0%2.2%2.2M-11.7M-919.4K0.728.88N/AN/A1,7321,247195,629121,229
2009-06-25$18.87$17.5035.1%10.1%35.1%3.7%35.0%4.4%5.0%2.3M-33.3M-944.9K0.377.00N/AN/A2,645975191,834121,965
2009-06-26$19.22$17.5034.5%9.9%35.8%3.0%33.7%0.9%4.1%2.5M-51.2M-958.8K0.107.44N/AN/A7,033705192,507121,693
2009-06-29$19.47$17.5033.6%9.6%28.7%1.9%32.6%1.6%4.9%2.6M-63.2M-949.6K0.646.88N/AN/A2,6891,711194,986121,751
2009-06-30$19.41$17.5032.7%9.4%27.5%0.9%32.3%3.3%5.6%2.6M-59.4M-955.3K1.398.58N/AN/A1,0781,503196,341122,712