LOW Options History — July 2015

In July 2015, LOW traded between $66.27 and $69.38. ATM implied volatility averaged 20.5%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 7.1% (HV 20d: 13.5%). Max pain ranged from $67.50 to $75.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.55.

Notable Days

  • 2015-07-17: Highest Volume — 33,433 contracts
  • 2015-07-15: Largest IV spike — 13.0% change
  • 2015-07-27: Highest IV Rank — 42.8%
  • 2015-07-27: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.60$66.27$69.38$67.30$69.38
Max Pain$69.20$67.50$75.00$75.00$67.50
ATM IV20.5%18.0%23.5%19.0%21.5%
Expected Move6.1%5.4%6.7%5.4%6.2%
HV 20d13.5%11.7%15.0%11.7%14.1%
HV 60d18.8%17.3%19.4%19.2%17.4%
IV Rank29.2%17.4%42.8%24.0%33.4%
IV Percentile64.9%37.7%85.3%57.1%70.6%
Term Structure-1.3%-3.2%2.8%2.8%-2.3%
VWIV21.1%19.3%24.2%19.4%22.0%
Skew 25d3.5%3.0%4.0%3.0%3.6%
Skew 10d7.7%5.8%9.1%5.8%8.2%
Call IV 25d20.3%18.1%22.4%18.1%21.0%
Put IV 25d23.8%21.2%26.1%21.2%24.6%
Bid-Ask Spread %8.465.5512.208.969.27
Gamma HHI0.310.220.900.240.26
Net GEX-10.1M-134.4M2.1M-4.9M2.1M
Net DEX72.7M-83.5M193.3M142.9M-83.5M
Net VEX-1.2M-1.3M-1.2M-1.2M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.186.103.650.68
Total Volume10,805.1364,48033,43311,9918,508
Total OI159,540.045115,775194,837169,250131,179

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$67.30$75.0019.0%5.4%11.7%24.0%19.4%3.0%2.8%-4.9M142.9M-1.2M3.658.96N/AN/A2,5799,41284,24285,008
2015-07-02$66.74$75.0019.1%5.5%11.8%24.8%19.5%3.3%2.7%-6.1M164.0M-1.2M4.2610.59N/AN/A2,75511,74984,81485,235
2015-07-06$66.27$67.5019.7%6.4%11.9%27.0%21.9%3.9%-1.4%-8.4M188.4M-1.2M2.075.70N/AN/A7,79116,12584,72287,966
2015-07-07$67.26$70.0018.0%6.1%12.4%17.4%20.9%3.4%-1.1%-9.0M173.0M-1.3M1.8510.30N/AN/A8,75816,24090,10094,572
2015-07-08$66.63$70.0019.5%6.2%12.7%24.2%20.4%3.6%-0.8%-9.1M193.3M-1.3M0.9511.90N/AN/A3,3953,23292,20997,142
2015-07-09$67.16$67.5019.4%6.3%12.5%23.9%20.5%3.6%-1.1%-8.3M168.5M-1.3M1.367.46N/AN/A2,3553,19593,20297,355
2015-07-10$67.86$67.5018.0%6.1%13.2%17.5%20.6%3.5%-1.0%-6.9M134.5M-1.3M1.428.86N/AN/A2,8784,09792,94797,587
2015-07-13$68.37$67.5019.3%6.0%13.5%23.2%19.3%3.2%-1.0%-6.4M115.2M-1.2M1.335.55N/AN/A2,6493,52192,69498,030
2015-07-14$68.35$70.0018.2%5.9%13.5%18.4%20.0%3.2%-1.0%-6.1M111.4M-1.2M0.956.72N/AN/A4,5204,30892,86098,141
2015-07-15$68.26$70.0020.6%5.9%13.4%29.4%19.7%3.1%-1.3%-7.4M117.0M-1.2M1.108.99N/AN/A2,6352,89993,49898,887
2015-07-16$68.24$70.0020.4%5.9%13.3%28.5%19.5%3.3%-1.5%-9.6M118.7M-1.2M4.2712.20N/AN/A2,38110,17093,40598,914
2015-07-17$67.55$70.0020.4%5.9%13.3%28.7%20.7%4.0%-1.3%-134.4M148.9M-1.2M6.109.20N/AN/A4,70628,72793,281101,556
2015-07-20$66.67$70.0020.6%5.9%13.9%29.2%21.1%4.0%-1.3%-4.3M43.3M-1.2M0.547.59N/AN/A6,4723,50652,46663,309
2015-07-21$66.43$70.0021.3%6.1%13.6%32.4%20.9%3.8%-1.8%-4.2M46.9M-1.2M0.577.44N/AN/A5,2233,00055,72664,629
2015-07-22$67.46$70.0021.2%6.1%14.9%32.0%21.3%3.6%-2.0%-3.0M12.2M-1.2M0.186.52N/AN/A9,8261,76757,16365,635
2015-07-23$67.70$67.5021.6%6.2%14.9%34.2%21.1%3.2%-2.1%-159.3K-21.3M-1.3M0.288.28N/AN/A5,5891,55564,14466,053
2015-07-24$67.26$67.5022.2%6.4%15.0%36.6%22.5%3.8%-2.3%-134.1K-7.2M-1.3M0.588.28N/AN/A3,4882,03565,39166,142
2015-07-27$66.98$67.5023.5%6.7%14.0%42.8%24.2%3.7%-3.0%-511.8K2.0M-1.3M0.696.30N/AN/A3,0612,11265,79566,474
2015-07-28$67.77$67.5023.3%6.7%13.8%41.7%22.7%3.4%-3.2%658.3K-28.1M-1.3M0.599.82N/AN/A2,8241,65666,53766,917
2015-07-29$68.74$67.5023.2%6.6%14.4%41.1%23.1%3.5%-3.1%2.1M-75.6M-1.3M0.279.05N/AN/A7,0731,93366,74066,874
2015-07-30$68.90$67.5021.4%6.1%14.4%33.0%22.5%3.5%-2.6%1.0M-64.2M-1.3M0.507.17N/AN/A4,6832,32563,22267,118
2015-07-31$69.38$67.5021.5%6.2%14.1%33.4%22.0%3.6%-2.3%2.1M-83.5M-1.3M0.689.27N/AN/A5,0713,43763,86567,314