LOW Options History — June 2015

In June 2015, LOW traded between $67.16 and $70.63. ATM implied volatility averaged 17.9%, placing in the 19.3% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 0.1% (HV 20d: 17.9%). Max pain ranged from $70.00 to $77.50. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 3.29.

Notable Days

  • 2015-06-04: Highest Volume — 27,583 contracts
  • 2015-06-29: Largest IV spike — 16.1% change
  • 2015-06-09: Highest IV Rank — 32.8%
  • 2015-06-29: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.45$67.16$70.63$70.11$67.16
Max Pain$74.32$70.00$77.50$70.00$75.00
ATM IV17.9%15.6%20.9%18.2%19.9%
Expected Move5.1%4.5%5.8%5.2%5.7%
HV 20d17.9%9.6%24.4%24.4%12.1%
HV 60d20.1%19.1%21.5%21.5%19.4%
IV Rank19.3%8.9%32.8%20.6%28.1%
IV Percentile37.7%8.3%69.4%43.7%62.7%
Term Structure2.4%-0.3%3.7%0.2%2.3%
VWIV17.2%14.1%20.0%19.0%20.0%
Skew 25d2.7%2.0%3.6%2.1%3.3%
Skew 10d5.7%4.1%7.6%4.9%6.3%
Call IV 25d17.0%14.7%19.2%17.7%18.9%
Put IV 25d19.7%17.2%22.7%19.8%22.2%
Bid-Ask Spread %9.086.4113.378.916.98
Gamma HHI0.240.170.640.190.24
Net GEX-2.7M-27.7M4.2M-800.6K-5.3M
Net DEX61.2M-52.6M152.3M-48.0M152.3M
Net VEX-1.3M-1.4M-1.1M-1.4M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.290.826.050.981.96
Total Volume17,075.1824,14327,5834,14315,531
Total OI173,977.227152,080191,153152,887167,495

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-06-01$70.11$70.0018.2%5.2%24.4%20.6%19.0%2.1%0.2%-800.6K-48.0M-1.4M0.988.91N/AN/A2,0922,05175,37777,510
2015-06-02$70.15$70.0018.6%5.3%24.2%22.1%19.5%2.0%-0.3%-372.8K-52.6M-1.4M1.096.69N/AN/A7,3137,94374,76877,312
2015-06-03$70.63$70.0018.5%5.3%24.0%21.8%18.5%2.0%-0.3%511.8K-27.5M-1.4M0.926.41N/AN/A9,8739,10682,43384,511
2015-06-04$70.12$72.5018.9%5.3%24.1%23.7%17.7%2.8%2.0%-345.0K-6.6M-1.4M1.5212.35N/AN/A10,92616,65783,42284,852
2015-06-05$69.85$75.0018.2%5.2%22.3%20.6%15.4%2.6%2.2%-1.2M60.3M-1.4M0.8212.02N/AN/A11,4679,37692,18892,952
2015-06-08$68.76$75.0020.4%5.5%22.1%30.2%16.7%2.9%1.4%-3.8M108.2M-1.4M1.0510.10N/AN/A13,01113,67992,47092,900
2015-06-09$68.57$77.5020.9%5.7%22.1%32.8%18.1%3.0%1.9%-5.0M128.9M-1.4M1.8710.11N/AN/A6,54912,23895,31494,873
2015-06-10$69.22$75.0018.0%5.2%22.3%19.6%19.0%2.8%2.5%-3.7M99.9M-1.3M2.549.01N/AN/A4,65711,81495,53295,228
2015-06-11$68.98$75.0017.6%5.0%22.2%17.8%14.1%2.7%2.7%-5.0M109.4M-1.3M6.0513.37N/AN/A1,99812,08895,28295,293
2015-06-12$69.07$75.0017.7%5.1%21.9%18.1%15.3%2.7%2.8%-4.7M107.7M-1.3M4.358.77N/AN/A2,77812,07895,15695,427
2015-06-15$69.10$75.0018.0%5.2%21.4%19.5%18.3%3.1%2.7%-5.9M115.1M-1.3M2.599.36N/AN/A4,70812,21794,81695,421
2015-06-16$69.37$75.0018.0%5.2%21.5%19.6%15.8%2.9%2.5%-3.3M88.0M-1.3M3.398.71N/AN/A3,37111,42995,69495,162
2015-06-17$69.69$75.0017.5%5.0%21.0%17.4%17.4%2.4%3.0%-1.8M73.2M-1.3M2.898.64N/AN/A3,93211,35995,85895,139
2015-06-18$70.16$75.0016.7%4.8%11.5%14.0%15.9%2.7%3.4%-689.0K39.8M-1.2M5.399.26N/AN/A2,31212,45296,13695,017
2015-06-19$70.00$75.0016.1%4.6%11.5%11.0%16.2%2.8%3.3%-27.7M50.7M-1.1M3.347.45N/AN/A5,17817,29896,04794,486
2015-06-22$70.39$75.0015.6%4.5%10.9%8.9%16.0%2.5%3.7%3.5M30.7M-1.2M6.046.82N/AN/A2,09112,62479,98673,339
2015-06-23$70.62$75.0015.8%4.5%10.9%9.9%16.5%2.5%3.3%4.2M23.4M-1.2M5.668.66N/AN/A2,08511,79480,59073,340
2015-06-24$70.11$75.0015.8%4.5%9.6%9.8%16.1%2.7%3.6%2.9M40.5M-1.2M5.418.78N/AN/A2,36712,79881,08873,738
2015-06-25$69.71$75.0016.0%4.6%9.7%10.6%16.8%2.8%3.7%2.1M52.6M-1.2M4.538.67N/AN/A2,70912,27681,75174,663
2015-06-26$68.60$75.0017.5%5.0%11.0%17.5%16.8%2.6%3.0%-586.6K88.7M-1.1M4.4210.62N/AN/A2,99013,20282,20074,959
2015-06-29$67.63$75.0020.4%5.8%12.0%30.2%19.7%3.6%2.3%-1.5M112.5M-1.1M5.558.12N/AN/A3,54619,69182,71875,056
2015-06-30$67.16$75.0019.9%5.7%12.1%28.1%20.0%3.3%2.3%-5.3M152.3M-1.3M1.966.98N/AN/A5,25510,27682,56784,928