LOW Options History — October 2017

In October 2017, LOW traded between $79.51 and $82.33. ATM implied volatility averaged 18.9%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 7.0% (HV 20d: 11.9%). Max pain ranged from $77.00 to $80.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.79.

Notable Days

2017-10-20: Highest Volume — 32,709 contracts
2017-10-23: Largest IV spike — 12.7% change
2017-10-30: Highest IV Rank — 70.4%
2017-10-30: Largest Expected Move — 6.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$81.08	$79.51	$82.33	$80.87	$79.88
Max Pain	$78.70	$77.00	$80.00	$77.00	$79.50
ATM IV	18.9%	16.3%	25.2%	16.7%	24.8%
Expected Move	5.1%	4.6%	6.0%	4.6%	6.0%
HV 20d	11.9%	9.5%	15.1%	15.1%	12.8%
HV 60d	19.2%	17.8%	21.1%	21.1%	18.3%
IV Rank	28.3%	10.5%	70.4%	12.9%	68.1%
IV Percentile	36.2%	7.9%	81.7%	12.7%	81.0%
Term Structure	0.8%	-1.1%	4.0%	-0.1%	-0.7%
VWIV	18.3%	16.4%	20.9%	16.4%	20.9%
Skew 25d	2.3%	1.5%	3.1%	2.4%	2.6%
Skew 10d	4.8%	3.6%	6.8%	5.2%	6.8%
Call IV 25d	18.1%	15.3%	23.9%	15.7%	23.9%
Put IV 25d	20.4%	17.6%	26.7%	18.2%	26.5%
Bid-Ask Spread %	6.45	2.86	25.67	7.88	8.41
Gamma HHI	0.17	0.11	0.72	0.16	0.11
Net GEX	42.1M	12.8M	117.4M	39.3M	15.8M
Net DEX	-391.9M	-626.6M	-143.6M	-431.0M	-178.3M
Net VEX	-2.2M	-2.3M	-2.0M	-2.1M	-2.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.40	1.97	0.52	0.66
Total Volume	18,378.091	10,325	32,709	19,233	12,344
Total OI	267,432	206,635	312,927	255,423	219,460

Daily Data (22 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
2017-10-02	$80.87	$77.00	16.7%	4.6%	15.1%	12.9%	16.4%	2.4%	-0.1%	39.3M	-431.0M	-2.1M	0.52	7.88	N/A	N/A	12,654	6,579	140,383	115,040
2017-10-03	$81.35	$77.50	16.5%	4.6%	14.7%	11.5%	16.5%	2.5%	0.0%	41.0M	-497.8M	-2.2M	0.83	6.37	N/A	N/A	11,741	9,724	145,275	117,951
2017-10-04	$81.41	$77.50	16.8%	4.6%	12.8%	13.7%	16.4%	2.5%	-0.1%	42.1M	-504.5M	-2.2M	0.54	3.28	N/A	N/A	11,428	6,160	148,664	118,453
2017-10-05	$82.24	$77.50	16.6%	5.1%	13.1%	12.7%	19.4%	2.5%	-0.0%	45.6M	-593.4M	-2.2M	1.65	7.65	N/A	N/A	10,564	17,450	151,850	119,574
2017-10-06	$81.82	$77.50	16.5%	5.0%	12.9%	11.6%	18.1%	2.7%	-0.1%	43.6M	-531.5M	-2.3M	0.40	8.19	N/A	N/A	21,264	8,553	156,185	128,786
2017-10-09	$81.72	$77.50	17.0%	5.1%	11.4%	14.8%	18.8%	2.3%	0.9%	50.1M	-529.6M	-2.3M	0.50	6.28	N/A	N/A	10,672	5,382	161,792	129,075
2017-10-10	$81.14	$77.50	16.8%	5.3%	11.0%	14.0%	18.4%	2.4%	1.6%	50.2M	-461.9M	-2.2M	0.81	3.13	N/A	N/A	9,459	7,657	165,021	129,171
2017-10-11	$81.14	$77.50	16.6%	5.2%	10.0%	12.6%	18.7%	2.2%	1.6%	54.8M	-462.0M	-2.3M	1.97	2.86	N/A	N/A	4,326	8,516	169,188	132,398
2017-10-12	$81.55	$77.50	16.5%	4.9%	9.7%	11.5%	18.8%	2.1%	0.8%	60.4M	-512.1M	-2.2M	1.38	3.86	N/A	N/A	5,794	8,023	170,395	134,091
2017-10-13	$82.33	$77.50	16.3%	4.9%	9.5%	10.5%	17.8%	2.3%	1.2%	68.7M	-626.6M	-2.2M	0.68	3.35	N/A	N/A	7,653	5,210	171,465	136,008
2017-10-16	$81.22	$77.50	17.9%	5.3%	10.9%	21.2%	18.1%	2.1%	2.8%	57.4M	-460.3M	-2.1M	1.21	3.41	N/A	N/A	8,240	9,946	170,928	131,331
2017-10-17	$81.11	$80.00	18.2%	5.3%	10.9%	23.4%	18.1%	2.5%	3.0%	54.1M	-428.4M	-2.1M	1.02	8.00	N/A	N/A	9,872	10,119	172,675	134,887
2017-10-18	$80.72	$80.00	17.9%	5.1%	11.1%	21.6%	17.9%	2.1%	3.3%	37.2M	-363.1M	-2.1M	0.99	6.31	N/A	N/A	5,178	5,147	172,912	137,308
2017-10-19	$81.12	$80.00	18.3%	5.1%	11.1%	24.2%	17.1%	2.3%	2.9%	36.4M	-421.3M	-2.0M	0.41	5.78	N/A	N/A	9,270	3,844	172,840	137,858
2017-10-20	$80.02	$80.00	18.1%	4.8%	12.4%	22.8%	16.9%	1.8%	4.0%	117.4M	-288.9M	-2.0M	0.43	4.03	N/A	N/A	22,899	9,810	174,933	137,994
2017-10-23	$80.43	$80.00	20.4%	5.0%	11.6%	38.5%	17.6%	2.1%	-0.8%	14.2M	-177.3M	-2.0M	0.40	4.88	N/A	N/A	14,370	5,767	107,135	99,500
2017-10-24	$81.10	$80.00	21.2%	5.0%	11.9%	43.3%	18.5%	2.3%	-0.9%	21.1M	-251.4M	-2.1M	0.66	5.18	N/A	N/A	11,393	7,565	111,682	100,855
2017-10-25	$81.03	$80.00	22.2%	5.3%	11.9%	50.5%	18.7%	1.5%	-0.2%	22.0M	-252.0M	-2.1M	0.55	6.52	N/A	N/A	11,600	6,370	113,775	101,285
2017-10-26	$81.64	$80.00	22.7%	5.2%	12.0%	53.7%	17.8%	2.6%	-1.1%	26.3M	-303.2M	-2.1M	0.46	4.86	N/A	N/A	12,848	5,877	114,080	101,964
2017-10-27	$80.47	$80.00	23.6%	5.6%	12.8%	59.7%	19.8%	2.5%	-0.4%	15.6M	-204.5M	-2.2M	0.72	25.67	N/A	N/A	11,335	8,170	112,543	102,891
2017-10-30	$79.51	$80.00	25.2%	6.0%	12.8%	70.4%	20.9%	3.1%	-0.7%	12.8M	-143.6M	-2.2M	0.57	6.05	N/A	N/A	8,637	4,908	114,626	99,277
2017-10-31	$79.88	$79.50	24.8%	6.0%	12.8%	68.1%	20.9%	2.6%	-0.7%	15.8M	-178.3M	-2.2M	0.66	8.41	N/A	N/A	7,433	4,911	118,510	100,950