LOW Options History — November 2018

In November 2018, LOW traded between $86.42 and $100.47. ATM implied volatility averaged 33.2%, placing in the 64.0% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 1.7% (HV 20d: 31.5%). Max pain ranged from $95.00 to $105.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.07.

Notable Days

  • 2018-11-15: Highest Volume — 45,667 contracts
  • 2018-11-20: Largest IV drop — 16.8% change
  • 2018-11-19: Highest IV Rank — 92.2%
  • 2018-11-19: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.02$86.42$100.47$97.53$94.40
Max Pain$97.02$95.00$105.00$105.00$95.00
ATM IV33.2%25.4%40.6%34.5%25.4%
Expected Move9.2%7.9%11.5%8.2%7.9%
HV 20d31.5%28.8%35.9%28.8%32.0%
HV 60d25.2%22.8%26.7%24.8%26.7%
IV Rank64.0%33.1%92.2%69.1%33.1%
IV Percentile85.7%54.0%99.2%95.6%54.0%
Term Structure-1.1%-3.2%0.5%-1.7%-0.4%
VWIV32.5%27.8%41.1%29.6%27.8%
Skew 25d4.3%2.8%8.7%4.2%2.8%
Skew 10d8.0%2.5%11.7%8.1%5.7%
Call IV 25d31.5%24.5%37.7%32.9%24.5%
Put IV 25d35.7%27.3%43.3%37.2%27.3%
Bid-Ask Spread %5.633.3912.076.813.39
Gamma HHI0.100.080.150.130.15
Net GEX-58.1K-9.8M15.2M3.6M15.2M
Net DEX86.8M-197.3M401.8M-8.6M-133.6M
Net VEX-3.2M-3.6M-2.7M-3.6M-3.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.282.270.900.59
Total Volume23,571.52411,13045,66718,01111,130
Total OI293,818.095259,349331,731301,910281,897

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$97.53$105.0034.5%8.2%28.8%69.1%29.6%4.2%-1.7%3.6M-8.6M-3.6M0.906.81N/AN/A9,4608,551147,926153,984
2018-11-02$96.75$105.0035.9%8.6%28.8%74.5%30.4%3.8%-0.9%2.7M35.3M-3.5M1.2311.44N/AN/A8,26610,206150,248155,484
2018-11-05$97.07$95.0036.5%9.6%28.9%76.8%35.5%4.6%-0.7%1.8M4.5M-3.6M1.344.55N/AN/A6,5398,745145,546152,557
2018-11-06$97.03$95.0034.7%9.3%28.9%70.1%33.7%3.5%-0.9%755.2K19.6M-3.5M0.883.90N/AN/A7,0486,177147,631156,338
2018-11-07$100.47$95.0032.7%8.7%31.5%62.4%30.6%8.7%-1.0%7.1M-197.3M-3.5M0.655.15N/AN/A7,9945,226148,988158,124
2018-11-08$99.44$95.0033.2%9.0%31.1%64.4%33.2%3.3%-0.4%6.6M-137.6M-3.5M1.516.94N/AN/A7,17210,842151,079159,013
2018-11-09$97.25$97.5034.6%9.3%31.8%69.7%32.6%4.0%-0.9%2.4M21.4M-3.5M0.307.01N/AN/A28,2618,585150,208162,723
2018-11-12$95.91$97.5037.5%10.2%31.9%80.5%35.4%4.0%-1.3%-2.8M104.3M-3.3M1.733.87N/AN/A7,47912,961135,262159,929
2018-11-13$95.52$97.5036.9%10.0%31.5%78.2%37.1%4.7%-2.1%-5.4M137.7M-3.2M2.274.17N/AN/A10,47623,802138,671163,605
2018-11-14$95.34$97.5037.5%10.2%29.3%80.6%35.6%4.8%-2.0%-4.9M137.1M-3.3M1.054.14N/AN/A9,2879,753139,099169,300
2018-11-15$93.34$97.5038.9%10.7%29.1%85.9%38.4%4.5%-1.9%-9.8M235.0M-3.2M1.187.20N/AN/A20,99124,676137,344166,618
2018-11-16$93.37$97.5036.9%10.3%29.1%78.3%35.2%4.0%-1.4%-3.0M295.8M-3.3M0.794.20N/AN/A10,7998,516151,043180,688
2018-11-19$90.93$97.5040.6%11.5%30.2%92.2%41.1%5.6%-3.2%-1.3M156.1M-3.1M1.174.89N/AN/A20,54424,133125,429133,920
2018-11-20$86.42$97.5033.8%9.6%34.5%66.6%34.3%5.0%-0.6%-9.8M401.8M-2.7M1.494.89N/AN/A15,51723,092139,579145,671
2018-11-21$88.32$97.5029.8%8.6%35.9%51.8%29.6%4.3%-1.5%-7.4M280.7M-2.8M0.864.86N/AN/A12,84111,021143,908145,133
2018-11-23$87.81$95.0030.5%8.8%35.8%54.4%29.6%5.0%-1.3%-4.8M294.5M-2.8M1.5412.07N/AN/A6,48910,007148,334144,858
2018-11-26$89.27$95.0027.6%8.2%32.9%43.4%28.4%3.3%-0.6%-2.8M206.1M-2.8M1.364.24N/AN/A7,0239,560132,281133,920
2018-11-27$91.53$95.0026.4%8.0%33.7%37.2%28.8%3.4%0.5%474.9K73.6M-3.0M0.284.40N/AN/A26,4857,538133,206133,558
2018-11-28$93.36$95.0026.5%7.9%32.8%37.4%28.2%3.4%-0.4%1.7M-41.1M-3.1M0.495.13N/AN/A13,8596,850135,480134,669
2018-11-29$93.36$95.0026.5%8.0%32.5%37.3%28.4%3.4%-0.5%8.3M-62.0M-3.1M0.765.02N/AN/A9,6947,407141,278135,651
2018-11-30$94.40$95.0025.4%7.9%32.0%33.1%27.8%2.8%-0.4%15.2M-133.6M-3.2M0.593.39N/AN/A7,0104,120143,448138,449