LOW Options History — August 2017

In August 2017, LOW traded between $72.58 and $78.35. ATM implied volatility averaged 25.5%, placing in the 72.6% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 1.9% (HV 20d: 23.6%). Max pain ranged from $75.00 to $75.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.78.

Notable Days

2017-08-23: Highest Volume — 119,916 contracts
2017-08-23: Largest IV drop — 26.3% change
2017-08-17: Highest IV Rank — 100.0%
2017-08-22: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.66	$72.58	$78.35	$77.89	$74.07
Max Pain	$75.00	$75.00	$75.00	$75.00	$75.00
ATM IV	25.5%	19.3%	29.5%	26.3%	19.3%
Expected Move	7.0%	5.5%	9.3%	5.6%	5.5%
HV 20d	23.6%	21.3%	28.1%	23.6%	24.0%
HV 60d	21.6%	20.7%	22.7%	21.0%	21.9%
IV Rank	72.6%	30.5%	100.0%	78.5%	30.5%
IV Percentile	82.5%	42.9%	100.0%	91.7%	42.9%
Term Structure	-0.9%	-2.2%	0.5%	-1.5%	0.0%
VWIV	24.7%	19.2%	32.0%	19.8%	19.2%
Skew 25d	2.7%	1.9%	3.6%	2.3%	3.0%
Skew 10d	5.1%	2.7%	6.4%	4.0%	5.2%
Call IV 25d	24.5%	18.1%	28.9%	25.7%	18.1%
Put IV 25d	27.2%	21.1%	32.1%	28.0%	21.1%
Bid-Ask Spread %	5.62	2.63	22.63	4.85	5.13
Gamma HHI	0.14	0.11	0.17	0.16	0.13
Net GEX	39.7M	11.1M	70.3M	62.3M	29.2M
Net DEX	-252.1M	-647.1M	119.9M	-575.4M	-44.2M
Net VEX	-2.5M	-3.1M	-1.9M	-3.1M	-2.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.39	1.43	0.64	1.05
Total Volume	27,634.565	9,460	119,916	15,459	12,794
Total OI	377,400.261	296,749	401,730	378,282	361,571

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-08-01	$77.89	$75.00	26.3%	5.6%	23.6%	78.5%	19.8%	2.3%	-1.5%	62.3M	-575.4M	-3.1M	0.64	4.85	N/A	N/A	9,449	6,010	273,273	105,009
2017-08-02	$77.68	$75.00	27.4%	5.8%	23.3%	85.8%	21.7%	1.9%	-1.9%	62.8M	-553.2M	-3.1M	1.28	5.25	N/A	N/A	4,713	6,056	277,406	107,084
2017-08-03	$77.90	$75.00	26.7%	7.1%	22.8%	81.1%	24.6%	2.3%	-1.8%	65.9M	-586.9M	-3.1M	0.39	4.97	N/A	N/A	10,051	3,932	278,804	108,436
2017-08-04	$78.30	$75.00	26.2%	7.0%	22.6%	77.3%	24.5%	2.0%	-1.3%	70.3M	-647.1M	-3.1M	0.40	3.50	N/A	N/A	8,084	3,273	282,286	109,059
2017-08-07	$78.35	$75.00	25.8%	7.1%	22.6%	75.2%	25.9%	2.4%	-0.3%	69.2M	-630.9M	-3.0M	0.73	3.90	N/A	N/A	9,257	6,761	280,808	104,944
2017-08-08	$77.28	$75.00	26.8%	7.1%	22.9%	81.3%	24.6%	2.2%	-1.3%	60.1M	-466.7M	-2.9M	0.58	5.22	N/A	N/A	5,985	3,475	280,480	104,945
2017-08-09	$78.27	$75.00	27.7%	7.4%	23.3%	88.1%	25.4%	2.7%	-1.3%	68.1M	-607.1M	-2.9M	0.87	4.72	N/A	N/A	6,008	5,220	280,934	105,656
2017-08-10	$77.19	$75.00	29.2%	7.8%	23.8%	97.8%	27.5%	2.7%	-2.2%	56.5M	-455.9M	-2.9M	1.06	3.85	N/A	N/A	5,916	6,294	282,387	107,526
2017-08-11	$77.37	$75.00	28.5%	7.8%	23.7%	93.2%	27.6%	2.7%	-1.9%	56.4M	-470.8M	-2.8M	0.63	3.43	N/A	N/A	7,038	4,460	283,349	109,503
2017-08-14	$77.60	$75.00	28.9%	8.2%	23.7%	95.9%	28.5%	2.9%	-1.4%	60.1M	-506.3M	-2.8M	0.63	4.55	N/A	N/A	15,766	10,005	280,719	107,023
2017-08-15	$74.44	$75.00	28.8%	8.2%	28.0%	95.4%	27.9%	3.3%	-1.1%	28.2M	-49.0M	-2.3M	0.65	3.03	N/A	N/A	28,619	18,576	287,645	112,653
2017-08-16	$75.37	$75.00	28.0%	8.0%	28.1%	89.6%	27.6%	3.0%	-1.5%	27.6M	-124.0M	-2.4M	1.05	2.63	N/A	N/A	7,246	7,589	280,802	119,752
2017-08-17	$74.19	$75.00	29.5%	8.5%	21.7%	100.0%	30.1%	3.1%	-1.5%	19.3M	8.2M	-2.2M	1.24	3.56	N/A	N/A	7,534	9,313	278,848	118,858
2017-08-18	$73.82	$75.00	27.4%	7.9%	21.4%	85.8%	27.7%	2.9%	-0.8%	12.9M	66.9M	-2.1M	1.20	3.17	N/A	N/A	10,213	12,243	281,127	120,603
2017-08-21	$74.33	$75.00	28.0%	8.6%	21.3%	89.3%	29.7%	3.6%	-1.0%	19.3M	-59.1M	-2.1M	0.54	10.50	N/A	N/A	26,070	14,095	200,942	95,807
2017-08-22	$75.70	$75.00	28.8%	9.3%	21.6%	95.2%	32.0%	2.7%	-1.7%	28.3M	-243.1M	-2.3M	0.62	22.63	N/A	N/A	55,322	34,056	218,883	103,788
2017-08-23	$73.30	$75.00	21.2%	6.2%	24.3%	43.7%	21.8%	2.5%	0.4%	14.3M	57.7M	-1.9M	0.56	8.11	N/A	N/A	76,732	43,184	257,307	126,491
2017-08-24	$72.58	$75.00	20.9%	5.9%	23.7%	41.6%	20.4%	3.0%	0.1%	11.1M	119.9M	-1.9M	0.58	3.76	N/A	N/A	27,222	15,908	266,318	128,660
2017-08-25	$73.51	$75.00	20.3%	5.7%	24.4%	37.5%	20.3%	3.0%	0.1%	23.4M	-1.5M	-2.0M	0.49	4.61	N/A	N/A	21,018	10,337	265,239	129,005
2017-08-28	$73.77	$75.00	20.4%	5.8%	24.1%	38.3%	20.9%	2.4%	0.5%	23.4M	-23.6M	-2.0M	0.45	4.08	N/A	N/A	20,037	9,077	235,377	109,227
2017-08-29	$73.45	$75.00	20.3%	5.7%	23.9%	37.6%	20.7%	2.8%	0.2%	20.9M	13.3M	-2.0M	0.85	9.93	N/A	N/A	7,965	6,801	241,091	112,991
2017-08-30	$73.80	$75.00	19.4%	5.6%	24.0%	31.7%	20.8%	2.6%	0.1%	24.5M	-20.4M	-2.0M	1.43	3.92	N/A	N/A	6,530	9,361	242,310	115,280
2017-08-31	$74.07	$75.00	19.3%	5.5%	24.0%	30.5%	19.2%	3.0%	0.0%	29.2M	-44.2M	-2.0M	1.05	5.13	N/A	N/A	6,231	6,563	243,500	118,071