LOW Options History — October 2018

In October 2018, LOW traded between $91.94 and $114.27. ATM implied volatility averaged 27.8%, placing in the 44.2% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 10.1% (HV 20d: 17.7%). Max pain ranged from $100.00 to $115.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 1.31.

Notable Days

  • 2018-10-04: Highest Volume — 56,068 contracts
  • 2018-10-10: Largest IV spike — 14.8% change
  • 2018-10-29: Highest IV Rank — 87.7%
  • 2018-10-29: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.37$91.94$114.27$114.27$95.75
Max Pain$110.22$100.00$115.00$100.00$105.00
ATM IV27.8%18.9%39.4%18.9%35.7%
Expected Move7.5%5.2%10.4%5.2%8.7%
HV 20d17.7%13.5%27.3%16.4%27.3%
HV 60d20.8%18.7%24.5%18.7%24.5%
IV Rank44.2%10.7%87.7%10.7%73.9%
IV Percentile68.0%18.3%99.2%18.7%96.0%
Term Structure0.7%-2.6%5.5%0.2%-1.2%
VWIV26.6%18.6%35.9%19.0%31.1%
Skew 25d3.3%1.3%7.6%1.3%4.6%
Skew 10d6.0%-0.4%8.7%2.6%7.3%
Call IV 25d27.0%18.6%37.8%18.6%34.8%
Put IV 25d30.3%19.9%41.3%19.9%39.5%
Bid-Ask Spread %7.953.7317.553.738.93
Gamma HHI0.120.100.150.140.11
Net GEX3.8M-3.9M17.9M17.9M322.2K
Net DEX-289.6M-1.04B275.0M-1.04B106.6M
Net VEX-3.5M-3.9M-3.0M-3.0M-3.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.472.331.120.89
Total Volume24,064.43513,20856,06813,77614,956
Total OI311,336.826272,629363,124272,629300,093

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$114.27$100.0018.9%5.2%16.4%10.7%19.0%1.3%0.2%17.9M-1.04B-3.0M1.123.73N/AN/A6,4927,284145,231127,398
2018-10-02$113.00$100.0018.9%5.2%16.7%10.9%18.6%1.3%0.2%15.7M-949.3M-3.1M1.274.91N/AN/A5,8257,383147,066129,532
2018-10-03$111.72$100.0018.9%5.2%16.8%10.8%18.9%1.5%1.0%13.2M-860.6M-3.2M1.986.89N/AN/A8,04915,925148,197131,283
2018-10-04$110.72$115.0021.2%6.4%17.0%19.4%22.4%1.6%0.2%9.4M-767.3M-3.5M0.4710.19N/AN/A38,01118,057150,393140,205
2018-10-05$109.67$115.0022.3%6.6%17.3%23.5%23.4%3.0%-0.6%8.5M-698.1M-3.7M1.2910.02N/AN/A14,58518,826164,790147,736
2018-10-08$109.98$115.0022.3%6.7%15.0%23.7%23.9%2.2%1.2%12.3M-723.8M-3.7M0.8312.03N/AN/A9,7088,042165,871152,845
2018-10-09$109.25$115.0022.6%6.7%13.6%24.9%24.2%3.1%0.6%10.9M-670.7M-3.7M1.044.95N/AN/A9,3329,735167,645153,841
2018-10-10$106.74$115.0026.0%7.8%15.3%37.5%27.2%3.1%1.3%5.4M-461.7M-3.9M0.9712.02N/AN/A8,0117,745168,365158,701
2018-10-11$104.78$115.0028.9%8.2%15.5%48.4%29.4%7.6%-0.1%4.6M-325.0M-3.9M1.5917.55N/AN/A8,97914,306169,021160,522
2018-10-12$105.25$115.0026.6%7.7%14.6%39.7%26.4%3.5%0.4%3.5M-343.3M-3.8M0.7510.01N/AN/A12,1489,166172,159167,432
2018-10-15$105.16$115.0025.2%7.2%14.7%34.5%26.1%3.5%4.4%2.4M-352.6M-3.7M1.056.20N/AN/A7,6388,001170,688167,480
2018-10-16$106.15$115.0023.4%6.7%13.5%27.6%23.3%3.6%4.8%1.5M-425.8M-3.6M0.666.44N/AN/A10,8707,161171,562168,749
2018-10-17$102.35$115.0025.7%7.4%17.1%36.4%25.7%3.9%3.0%-176.8K-161.2M-3.6M1.624.50N/AN/A12,00519,437172,783169,046
2018-10-18$99.95$115.0027.7%7.7%17.8%43.7%27.1%4.0%4.8%-1.3M-27.6M-3.6M2.145.42N/AN/A12,85127,456174,736171,475
2018-10-19$99.44$110.0027.3%7.3%17.7%42.5%25.3%4.0%5.5%-3.9M108.2M-3.6M2.338.88N/AN/A10,20323,752179,014184,110
2018-10-22$98.76$110.0029.8%7.3%17.7%51.9%25.8%3.8%-0.6%-3.6M88.9M-3.5M1.075.28N/AN/A7,0347,514142,640142,808
2018-10-23$98.12$110.0032.1%7.8%17.4%60.2%29.0%3.8%0.2%-3.9M94.5M-3.5M1.917.35N/AN/A10,44819,954145,267146,466
2018-10-24$98.13$110.0034.3%8.4%17.4%68.4%29.0%4.2%-1.4%-1.6M38.7M-3.6M1.274.97N/AN/A10,05412,743149,395145,892
2018-10-25$98.20$110.0036.1%8.4%17.7%75.5%28.5%2.6%-2.6%-639.3K24.7M-3.6M0.857.82N/AN/A10,6499,041150,513146,191
2018-10-26$93.61$105.0038.6%10.0%22.1%84.8%35.2%3.7%-1.4%-1.3M250.4M-3.5M1.909.95N/AN/A12,36723,477154,198149,401
2018-10-29$91.94$105.0039.4%10.4%22.2%87.7%35.9%3.5%-1.3%-2.7M275.0M-3.3M1.548.98N/AN/A9,06313,923142,541149,870
2018-10-30$94.66$105.0037.4%9.4%26.4%80.0%35.5%3.3%-1.6%-95.2K156.0M-3.5M1.635.75N/AN/A5,8119,465145,542152,054
2018-10-31$95.75$105.0035.7%8.7%27.3%73.9%31.1%4.6%-1.2%322.2K106.6M-3.5M0.898.93N/AN/A7,8987,058145,849154,244