LOW Options History — October 2014

In October 2014, LOW traded between $51.24 and $57.20. ATM implied volatility averaged 22.7%, placing in the 43.6% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 5.3% (HV 20d: 17.4%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.73.

Notable Days

  • 2014-10-02: Highest Volume — 24,142 contracts
  • 2014-10-15: Largest IV spike — 45.5% change
  • 2014-10-15: Highest IV Rank — 100.0%
  • 2014-10-15: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.96$51.24$57.20$52.60$57.20
Max Pain$50.33$50.00$52.50$50.00$52.50
ATM IV22.7%16.4%35.9%17.1%24.1%
Expected Move6.2%5.7%7.1%5.7%5.9%
HV 20d17.4%11.4%21.7%12.6%21.7%
HV 60d15.8%13.7%17.5%13.9%17.3%
IV Rank43.6%15.8%100.0%19.7%46.8%
IV Percentile69.8%13.9%100.0%22.6%86.1%
Term Structure-1.6%-3.6%4.1%3.6%-3.4%
VWIV22.4%20.2%25.3%20.2%22.9%
Skew 25d4.0%1.8%6.4%1.8%3.7%
Skew 10d8.8%3.4%11.3%4.5%9.0%
Call IV 25d22.1%15.5%26.5%17.1%23.5%
Put IV 25d26.0%18.2%32.9%18.9%27.2%
Bid-Ask Spread %10.107.6417.938.767.64
Gamma HHI0.250.170.520.210.34
Net GEX2.4M-10.2M4.8M2.7M4.8M
Net DEX-165.2M-222.3M-87.6M-158.3M-222.3M
Net VEX-1.0M-1.1M-946.2K-975.0K-946.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.3016.360.441.02
Total Volume7,401.5221,29924,14210,44510,138
Total OI150,784.261126,369168,148155,729137,240

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$52.60$50.0017.1%5.7%12.6%19.7%20.2%1.8%3.6%2.7M-158.3M-975.0K0.448.76N/AN/A7,2383,20774,37681,353
2014-10-02$53.03$50.0017.5%5.8%12.0%22.3%20.6%2.1%3.6%3.3M-180.6M-1.0M16.369.25N/AN/A1,39122,75179,69082,555
2014-10-03$53.59$50.0016.9%5.8%12.2%18.7%20.2%2.6%4.1%3.1M-194.7M-1.0M1.369.89N/AN/A55074980,27182,620
2014-10-06$53.60$50.0017.3%5.8%11.6%21.0%20.8%3.1%-1.4%2.9M-196.3M-1.0M0.908.99N/AN/A1,6521,49080,46783,045
2014-10-07$53.18$50.0018.1%5.9%11.4%25.4%21.1%2.9%-1.4%2.1M-178.7M-1.0M1.369.80N/AN/A68493180,64983,756
2014-10-08$54.38$50.0016.4%5.7%13.7%15.8%21.6%3.2%-1.1%3.9M-208.5M-1.0M0.8011.32N/AN/A4,1713,33580,75383,822
2014-10-09$53.91$50.0018.0%5.9%13.9%25.1%21.0%3.3%-1.6%2.7M-208.5M-1.0M2.0410.85N/AN/A9521,94280,46383,888
2014-10-10$53.70$50.0021.5%6.3%14.0%44.8%21.7%3.9%-2.1%2.3M-193.8M-1.0M1.4113.48N/AN/A1,3181,85480,48984,700
2014-10-13$52.47$50.0024.8%6.5%16.3%63.6%23.1%4.3%-2.6%669.0K-141.0M-1.1M1.3912.61N/AN/A1,3641,89080,81285,359
2014-10-14$52.50$50.0024.7%6.5%15.8%63.2%24.1%5.2%-2.5%737.0K-142.3M-1.0M1.2217.93N/AN/A5,2166,36981,34785,648
2014-10-15$51.24$50.0035.9%7.1%17.7%100.0%25.0%6.4%-3.6%897.0K-87.6M-1.1M1.6911.81N/AN/A6,99811,85881,30286,846
2014-10-16$51.41$50.0027.4%6.8%17.6%61.8%25.3%6.1%-2.6%584.5K-100.4M-1.1M0.878.90N/AN/A2,5622,23080,92486,116
2014-10-17$52.51$50.0025.8%6.6%19.5%54.4%24.7%5.2%-2.1%-10.2M-145.2M-1.0M0.319.86N/AN/A7,0772,21781,24286,782
2014-10-20$53.49$50.0025.7%6.6%20.3%54.2%21.8%4.5%-2.0%3.0M-116.7M-1.1M2.409.80N/AN/A1,1792,82662,31064,059
2014-10-21$54.38$50.0023.1%6.2%21.0%42.5%23.6%4.2%-1.5%3.5M-141.1M-1.0M0.688.02N/AN/A5,0293,42163,06065,683
2014-10-22$53.94$50.0023.5%6.2%21.0%44.4%23.2%4.5%-2.0%3.3M-130.6M-1.1M0.788.34N/AN/A4,5083,53263,76766,216
2014-10-23$54.95$50.0023.4%6.1%21.5%43.7%22.9%3.9%-2.4%3.9M-159.4M-1.0M1.149.38N/AN/A4,8425,54364,38066,936
2014-10-24$55.28$50.0023.3%6.1%21.6%43.2%22.3%4.0%-2.3%3.8M-167.3M-1.0M0.919.28N/AN/A4,5004,08264,74468,383
2014-10-27$55.47$50.0024.5%6.2%21.6%48.7%21.4%3.9%-2.8%3.8M-171.5M-1.0M1.168.71N/AN/A8861,03265,29569,653
2014-10-28$56.06$50.0024.6%6.1%21.4%49.3%21.3%4.2%-3.1%4.1M-184.4M-1.0M0.308.50N/AN/A1,71950965,64370,319
2014-10-29$55.85$52.5024.8%6.1%21.3%49.9%22.1%4.2%-3.3%4.0M-178.0M-979.4K0.7410.26N/AN/A3,8522,83765,01770,197
2014-10-30$56.30$52.5023.6%5.9%21.3%44.7%23.5%4.1%-3.3%4.2M-192.1M-958.1K0.468.83N/AN/A5,3502,45465,32970,532
2014-10-31$57.20$52.5024.1%5.9%21.7%46.8%22.9%3.7%-3.4%4.8M-222.3M-946.2K1.027.64N/AN/A5,0075,13166,80570,435