LOW Options History — October 2009

In October 2009, LOW traded between $19.50 and $21.76. ATM implied volatility averaged 34.4%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 5.6% (HV 20d: 28.8%). Max pain ranged from $17.50 to $22.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2009-10-13: Highest Volume — 83,367 contracts
  • 2009-10-15: Largest IV spike — 95.8% change
  • 2009-10-28: Highest IV Rank — 28.2%
  • 2009-10-28: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.72$19.50$21.76$20.36$19.57
Max Pain$19.11$17.50$22.00$17.50$18.00
ATM IV34.4%18.7%41.7%35.4%40.3%
Expected Move10.6%9.5%12.0%10.1%11.6%
HV 20d28.8%25.4%31.3%26.3%31.3%
HV 60d37.1%36.2%37.5%37.0%37.5%
IV Rank14.3%0.0%28.2%7.9%26.5%
IV Percentile15.9%0.0%38.5%15.5%35.3%
Term Structure-0.5%-1.8%4.4%4.3%-1.2%
VWIV36.9%33.6%41.0%34.7%40.2%
Skew 25d4.4%2.1%5.9%3.0%3.6%
Skew 10d9.5%-6.5%16.9%-6.5%13.1%
Call IV 25d34.9%31.3%38.9%34.2%38.1%
Put IV 25d39.3%35.5%44.3%37.2%41.8%
Bid-Ask Spread %13.227.3117.568.1217.56
Gamma HHI0.140.090.260.170.11
Net GEX2.4M1.2M4.6M2.6M1.9M
Net DEX-72.4M-153.5M3.5M-69.2M-7.7M
Net VEX-1.1M-1.2M-1.0M-1.1M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.033.031.580.10
Total Volume12,727.0452,69683,3679,69625,322
Total OI359,782.909312,379389,063371,899351,073

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$20.36$17.5035.4%10.1%26.3%7.9%34.7%3.0%4.3%2.6M-69.2M-1.1M1.588.12N/AN/A3,7545,942224,335147,564
2009-10-02$20.03$19.0033.9%9.7%25.4%6.2%34.1%3.7%4.4%2.4M-48.3M-1.1M0.857.31N/AN/A2,8642,426225,955149,981
2009-10-05$20.46$22.0036.0%11.3%26.1%8.6%39.2%5.3%-1.3%2.6M-71.4M-1.1M1.1113.52N/AN/A1,3281,472226,686150,828
2009-10-06$20.68$21.0033.8%11.0%26.3%6.1%38.8%5.9%-1.6%2.8M-83.3M-1.1M0.7313.90N/AN/A1,7621,286226,773151,604
2009-10-07$20.20$21.0033.6%11.3%27.4%5.8%39.4%5.1%-1.1%2.3M-56.2M-1.1M0.3016.10N/AN/A4,0701,213227,254152,248
2009-10-08$20.78$21.0031.8%10.7%29.5%3.9%37.5%5.0%-0.8%2.7M-87.8M-1.1M0.2713.58N/AN/A3,605973227,437153,228
2009-10-09$20.94$21.0029.8%10.7%28.9%1.6%38.4%4.6%-1.7%2.9M-97.6M-1.1M0.6716.15N/AN/A3,2832,187228,217153,269
2009-10-12$21.01$21.0034.0%10.9%29.0%6.3%37.6%4.0%-1.2%3.0M-103.1M-1.1M0.0612.21N/AN/A9,643599229,333154,192
2009-10-13$21.45$21.0034.8%10.8%29.8%8.6%37.1%5.1%-1.3%3.9M-136.6M-1.1M0.0312.22N/AN/A81,0482,319234,817154,246
2009-10-14$21.73$18.0018.7%10.6%29.5%0.0%36.7%4.0%-0.3%4.6M-153.5M-1.2M0.5614.48N/AN/A15,4948,701233,290155,544
2009-10-15$21.65$18.0036.6%10.5%29.5%21.3%37.6%4.3%0.1%2.5M-118.1M-1.2M0.6013.31N/AN/A1,6881,008226,079158,740
2009-10-16$21.36$18.0036.3%10.4%29.4%21.6%35.5%2.1%-0.5%3.3M-105.4M-1.1M1.5710.92N/AN/A5,3738,445228,010159,181
2009-10-19$21.76$18.0033.1%9.5%30.2%17.6%33.6%4.1%-0.5%2.2M-104.0M-1.1M0.3513.70N/AN/A11,4173,944178,329134,050
2009-10-20$21.39$18.0033.9%9.7%27.0%18.6%33.7%3.1%-0.6%2.2M-90.5M-1.1M1.0815.01N/AN/A6,7717,317183,255135,220
2009-10-21$20.76$18.0033.8%9.7%27.9%18.5%34.5%4.1%-1.6%2.0M-60.3M-1.1M1.0015.53N/AN/A3,0693,074188,386139,682
2009-10-22$21.17$18.0034.1%9.8%28.8%18.9%33.8%4.1%-0.7%2.1M-76.3M-1.1M0.7111.06N/AN/A4,5993,248189,289142,013
2009-10-23$20.71$18.0034.8%10.0%29.3%19.8%35.5%5.2%-1.0%1.9M-55.9M-1.1M0.7713.64N/AN/A3,9853,057191,069142,963
2009-10-26$20.34$18.0037.2%10.7%29.7%22.7%38.0%4.3%-1.8%1.7M-37.3M-1.1M3.0317.13N/AN/A1,0563,202191,868144,702
2009-10-27$19.93$18.0037.1%10.6%30.3%22.6%37.6%5.5%-1.0%1.4M-16.4M-1.1M1.3912.55N/AN/A2,3403,256192,011145,619
2009-10-28$19.50$19.0041.7%12.0%30.9%28.2%41.0%5.4%-1.3%1.2M3.5M-1.0M1.1112.98N/AN/A4,5245,009193,581148,266
2009-10-29$19.98$19.0036.8%10.6%31.0%22.2%37.0%4.5%-1.2%1.4M-16.7M-1.1M0.219.82N/AN/A11,8452,477195,475149,562
2009-10-30$19.57$18.0040.3%11.6%31.3%26.5%40.2%3.6%-1.2%1.9M-7.7M-1.1M0.1017.56N/AN/A23,0102,312202,899148,174