LOW Options History — February 2018

In February 2018, LOW traded between $89.63 and $103.86. ATM implied volatility averaged 34.0%, placing in the 74.9% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 5.2% (HV 20d: 28.8%). Max pain ranged from $95.00 to $95.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.81.

Notable Days

  • 2018-02-27: Highest Volume — 82,721 contracts
  • 2018-02-08: Largest IV spike — 19.9% change
  • 2018-02-02: Highest IV Rank — 100.0%
  • 2018-02-09: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.34$89.63$103.86$103.86$89.63
Max Pain$95.00$95.00$95.00$95.00$95.00
ATM IV34.0%27.4%42.7%31.2%27.4%
Expected Move9.7%7.9%11.4%8.2%7.9%
HV 20d28.8%24.9%34.9%25.6%34.9%
HV 60d27.2%24.1%31.0%24.1%31.0%
IV Rank74.9%45.2%100.0%95.2%45.2%
IV Percentile96.6%83.3%100.0%99.2%83.3%
Term Structure-1.5%-4.3%0.1%-1.7%-1.0%
VWIV34.0%27.9%40.9%28.7%27.9%
Skew 25d3.5%0.5%7.5%0.9%2.7%
Skew 10d8.4%0.1%20.0%0.1%3.3%
Call IV 25d32.9%27.2%41.5%31.6%27.2%
Put IV 25d36.4%29.8%48.5%32.5%29.8%
Bid-Ask Spread %14.807.8537.599.747.85
Gamma HHI0.180.120.320.120.19
Net GEX25.4M14.9M31.7M29.9M14.9M
Net DEX-586.0M-1.08B-51.9M-1.08B-51.9M
Net VEX-3.3M-3.8M-2.9M-3.1M-3.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.111.360.931.05
Total Volume27,235.78910,59282,72115,80576,246
Total OI280,733.263245,982354,864270,514354,864

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$103.86$95.0031.2%8.2%25.6%95.2%28.7%0.9%-1.7%29.9M-1.08B-3.1M0.939.74N/AN/A8,1827,623182,56987,945
2018-02-02$101.34$95.0033.3%8.9%27.7%100.0%30.7%1.9%-1.0%30.2M-886.0M-3.3M1.0411.34N/AN/A10,04310,490183,68189,663
2018-02-05$98.23$95.0038.7%10.5%29.7%100.0%35.1%0.5%0.1%26.8M-664.0M-3.4M0.6037.59N/AN/A15,8559,572182,66688,032
2018-02-06$100.22$95.0039.4%10.4%30.0%100.0%36.0%3.4%-3.1%28.6M-785.0M-3.4M0.8719.01N/AN/A11,63910,094188,46588,864
2018-02-07$100.28$95.0034.3%9.4%30.0%79.2%32.3%3.1%-1.3%30.0M-804.2M-3.3M0.7818.37N/AN/A9,1137,130190,72690,583
2018-02-08$95.66$95.0041.1%11.2%34.8%100.0%39.4%7.5%-2.3%24.1M-470.4M-3.4M1.3621.38N/AN/A8,98412,257190,93591,386
2018-02-09$97.18$95.0042.7%11.4%34.8%100.0%40.9%7.0%-4.3%24.6M-583.4M-3.5M0.9726.35N/AN/A12,40612,039192,30695,303
2018-02-12$97.61$95.0035.9%10.2%29.5%75.8%33.2%6.1%-1.2%26.2M-576.2M-3.3M0.3314.94N/AN/A17,8145,794190,26697,110
2018-02-13$96.11$95.0035.9%10.2%29.8%75.6%35.0%5.0%-2.0%25.8M-464.8M-3.2M0.5611.63N/AN/A8,7734,940194,37297,274
2018-02-14$96.99$95.0033.0%9.5%30.0%65.2%35.2%4.3%-0.3%26.5M-522.6M-3.1M0.8814.77N/AN/A5,6244,968193,22297,689
2018-02-15$96.38$95.0032.2%9.3%30.0%62.4%33.2%3.9%-1.1%20.3M-486.2M-3.0M0.749.42N/AN/A6,9665,147192,36798,118
2018-02-16$96.58$95.0031.6%9.2%26.6%60.2%33.0%3.5%-2.4%20.4M-509.5M-3.0M0.9014.83N/AN/A9,2738,375194,14898,675
2018-02-20$96.04$95.0032.7%9.9%25.0%64.1%34.0%3.8%-0.4%22.2M-458.1M-2.9M0.859.76N/AN/A7,7706,636163,71382,269
2018-02-21$95.37$95.0033.7%10.0%24.9%67.9%36.3%3.1%-1.4%21.3M-418.8M-3.0M0.9210.46N/AN/A7,0246,465166,41284,599
2018-02-22$96.94$95.0033.1%10.2%26.1%65.5%35.2%2.9%-1.1%23.8M-511.3M-3.0M0.7510.67N/AN/A7,6515,746167,78687,140
2018-02-23$97.50$95.0029.4%9.1%26.4%52.3%32.2%2.4%-1.1%28.9M-553.5M-2.9M0.118.10N/AN/A65,8047,421169,23089,277
2018-02-26$97.29$95.0029.8%9.6%26.0%53.6%33.9%2.3%-1.7%25.7M-642.0M-3.6M1.329.03N/AN/A8,99411,901182,63388,777
2018-02-27$96.22$95.0031.5%10.2%26.1%60.0%34.5%2.2%-2.0%31.7M-664.4M-3.8M0.4116.05N/AN/A58,53924,182204,25696,611
2018-02-28$89.63$95.0027.4%7.9%34.9%45.2%27.9%2.7%-1.0%14.9M-51.9M-3.6M1.057.85N/AN/A37,27338,973241,369113,495