LOW Options History — February 2019

In February 2019, LOW traded between $96.77 and $107.72. ATM implied volatility averaged 29.1%, placing in the 49.9% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 5.2% (HV 20d: 23.9%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 1.23.

Notable Days

  • 2019-02-27: Highest Volume — 33,425 contracts
  • 2019-02-27: Largest IV drop — 25.4% change
  • 2019-02-25: Highest IV Rank — 58.9%
  • 2019-02-25: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$101.71$96.77$107.72$96.99$105.19
Max Pain$96.05$95.00$100.00$95.00$100.00
ATM IV29.1%21.6%31.4%31.1%21.6%
Expected Move8.4%6.1%10.3%7.9%6.2%
HV 20d23.9%17.1%30.2%30.2%20.5%
HV 60d29.2%27.1%31.2%31.2%28.0%
IV Rank49.9%20.1%58.9%55.2%20.1%
IV Percentile69.9%27.0%83.3%78.2%27.0%
Term Structure-1.5%-2.8%0.5%-1.7%0.5%
VWIV30.2%21.9%36.5%29.2%22.0%
Skew 25d4.2%2.9%5.2%5.2%3.4%
Skew 10d8.4%6.4%9.9%9.1%6.5%
Call IV 25d27.1%20.1%30.0%29.2%20.1%
Put IV 25d31.3%23.5%34.3%34.3%23.5%
Bid-Ask Spread %2.992.074.672.813.72
Gamma HHI0.130.070.270.130.08
Net GEX12.7M6.7M21.1M13.5M6.7M
Net DEX-412.1M-602.5M-240.7M-287.1M-463.7M
Net VEX-2.1M-2.3M-1.8M-2.3M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.562.720.951.40
Total Volume12,530.2633,94233,4259,65320,034
Total OI180,245.684164,499197,191179,486197,191

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$96.99$95.0031.1%7.9%30.2%55.2%29.2%5.2%-1.7%13.5M-287.1M-2.3M0.952.81N/AN/A4,9424,71191,08988,397
2019-02-04$97.62$95.0030.4%8.0%29.0%52.5%28.7%4.4%-2.0%15.2M-306.2M-2.2M1.102.41N/AN/A2,5482,80489,88685,949
2019-02-05$98.01$95.0029.9%8.0%27.8%50.7%28.4%5.0%-1.9%17.1M-324.5M-2.2M1.092.38N/AN/A3,9814,34591,02287,413
2019-02-06$97.23$95.0030.1%8.1%27.4%51.2%29.2%4.4%-1.8%14.7M-282.2M-2.3M2.722.08N/AN/A1,0592,88392,79789,491
2019-02-07$96.88$95.0031.4%8.4%27.4%56.2%30.3%4.9%-2.8%12.3M-258.3M-2.3M1.342.79N/AN/A2,1852,92792,98490,999
2019-02-08$96.83$95.0030.8%8.4%27.1%54.1%29.6%4.1%-2.2%13.1M-255.1M-2.3M0.972.07N/AN/A3,6143,50293,48791,569
2019-02-11$96.77$95.0030.2%8.5%26.6%51.8%30.5%4.2%-1.0%12.4M-240.7M-2.2M1.122.30N/AN/A2,1962,45590,84888,163
2019-02-12$99.40$95.0029.6%8.4%28.3%53.6%30.0%4.1%-1.0%21.1M-378.1M-2.2M0.562.83N/AN/A6,0573,41791,86489,843
2019-02-13$101.65$95.0029.2%8.4%27.9%51.9%29.4%3.9%-1.8%18.5M-496.5M-2.1M0.903.14N/AN/A5,5444,99493,41791,139
2019-02-14$101.84$95.0030.0%8.7%27.6%55.6%30.7%4.0%-1.7%18.4M-509.0M-2.1M1.473.61N/AN/A5,8768,63994,88193,319
2019-02-15$104.10$95.0029.3%8.4%26.0%52.6%31.1%3.9%-0.4%10.4M-589.2M-2.1M0.923.04N/AN/A9,1388,37595,76097,095
2019-02-19$105.24$95.0029.3%8.8%24.0%52.6%31.7%4.3%-1.5%8.3M-474.5M-2.0M0.692.47N/AN/A5,8894,05581,75682,743
2019-02-20$105.62$97.5029.0%8.8%17.1%51.5%32.2%4.0%-1.6%9.5M-487.6M-2.0M0.982.75N/AN/A4,2764,18784,26485,668
2019-02-21$105.45$97.5029.4%9.0%17.4%53.0%33.7%4.4%-1.5%9.4M-484.3M-2.0M1.093.60N/AN/A5,4896,00385,53386,884
2019-02-22$106.19$97.5029.1%9.1%17.1%51.6%32.7%4.1%-2.2%10.6M-514.2M-2.0M1.292.78N/AN/A4,9666,40887,22189,464
2019-02-25$104.97$97.5030.8%10.3%17.5%58.9%36.5%4.6%-1.9%7.7M-441.3M-2.1M1.873.31N/AN/A5,3589,99584,36981,050
2019-02-26$104.78$97.5029.5%9.8%17.1%53.4%35.9%4.1%-1.2%7.1M-435.5M-2.1M2.064.67N/AN/A10,39421,40487,77987,419
2019-02-27$107.72$97.5022.0%6.1%18.7%21.9%21.9%2.9%-0.3%14.7M-602.5M-1.8M0.904.01N/AN/A17,55315,87293,75198,164
2019-02-28$105.19$100.0021.6%6.2%20.5%20.1%22.0%3.4%0.5%6.7M-463.7M-2.0M1.403.72N/AN/A8,34911,68596,430100,761