LOW Options History — May 2019

In May 2019, LOW traded between $91.81 and $112.31. ATM implied volatility averaged 29.0%, placing in the 51.2% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 3.4% (HV 20d: 32.4%). Max pain ranged from $100.00 to $110.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.86.

Notable Days

  • 2019-05-22: Highest Volume — 108,141 contracts
  • 2019-05-07: Largest IV spike — 19.9% change
  • 2019-05-07: Highest IV Rank — 75.8%
  • 2019-05-13: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.99$91.81$112.31$110.88$93.30
Max Pain$104.77$100.00$110.00$110.00$100.00
ATM IV29.0%23.9%34.8%28.1%25.5%
Expected Move7.8%5.5%9.4%5.8%7.4%
HV 20d32.4%17.6%57.3%19.4%57.0%
HV 60d25.6%19.4%36.7%19.5%36.7%
IV Rank51.2%30.0%75.8%47.6%36.7%
IV Percentile68.8%46.4%93.3%65.9%50.4%
Term Structure-1.0%-2.3%0.6%-1.7%-0.1%
VWIV26.9%19.1%32.3%20.6%25.6%
Skew 25d4.1%2.7%5.4%4.1%2.9%
Skew 10d8.5%5.3%11.7%7.1%8.3%
Call IV 25d27.3%22.7%32.9%26.0%24.6%
Put IV 25d31.4%25.4%38.0%30.1%27.5%
Bid-Ask Spread %3.472.714.264.022.72
Gamma HHI0.110.080.160.110.13
Net GEX4.4M-8.4M11.5M8.0M-3.3M
Net DEX-123.4M-381.9M253.5M-321.3M138.1M
Net VEX-2.4M-2.5M-2.1M-2.4M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.591.141.000.66
Total Volume20,116.9555,905108,1415,90526,048
Total OI177,750.773152,853234,880152,853211,018

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$110.88$110.0028.1%5.8%19.4%47.6%20.6%4.1%-1.7%8.0M-321.3M-2.4M1.004.02N/AN/A2,9512,95481,47371,380
2019-05-02$111.94$110.0027.4%5.7%18.8%44.5%20.6%5.0%-1.2%9.9M-359.0M-2.4M0.673.77N/AN/A5,5823,75682,36272,629
2019-05-03$112.31$110.0027.4%5.5%18.4%44.7%19.1%4.0%-1.2%11.5M-381.9M-2.4M1.143.08N/AN/A3,4333,91884,56372,834
2019-05-06$111.42$105.0029.1%7.8%17.6%51.6%27.3%4.2%-0.9%10.5M-353.2M-2.4M0.763.37N/AN/A4,0293,06982,83271,420
2019-05-07$106.56$105.0034.8%9.3%23.0%75.8%30.7%5.4%-2.3%4.4M-177.4M-2.5M1.043.64N/AN/A7,0317,32284,07972,909
2019-05-08$107.19$105.0034.1%9.0%22.3%72.7%30.4%5.2%-1.9%5.5M-200.1M-2.5M0.833.60N/AN/A5,6504,67186,49275,343
2019-05-09$106.39$105.0034.8%9.2%22.2%75.6%32.3%5.1%-1.7%4.4M-171.3M-2.5M1.104.26N/AN/A4,8155,27588,54276,561
2019-05-10$106.42$105.0032.3%8.7%21.5%65.0%29.3%4.9%-1.9%4.7M-178.1M-2.5M0.713.46N/AN/A6,3674,53989,88078,315
2019-05-13$104.68$105.0034.3%9.4%21.4%73.6%32.1%4.9%-0.8%2.2M-123.1M-2.5M1.063.85N/AN/A4,2994,56986,61476,383
2019-05-14$105.94$105.0031.5%8.7%21.8%61.7%29.9%5.1%-0.8%3.9M-170.9M-2.4M0.684.07N/AN/A7,0954,85690,21278,495
2019-05-15$107.77$105.0029.8%8.1%23.1%54.7%28.9%4.8%-1.8%7.3M-238.5M-2.5M0.973.35N/AN/A3,4763,36891,55180,362
2019-05-16$108.51$105.0029.4%8.0%23.2%52.9%28.7%4.2%-1.7%9.2M-267.9M-2.5M0.623.26N/AN/A7,0474,39893,13682,236
2019-05-17$109.11$105.0029.1%8.0%21.4%51.7%28.1%4.3%-1.8%7.3M-286.8M-2.5M0.594.06N/AN/A5,2613,11996,01384,744
2019-05-20$109.15$105.0030.3%8.6%21.4%56.9%30.3%4.5%-0.8%9.0M-303.9M-2.5M1.033.62N/AN/A4,7154,85586,19069,073
2019-05-21$110.99$105.0028.5%8.1%22.4%49.0%28.6%3.7%-0.7%11.3M-374.5M-2.4M0.683.98N/AN/A23,59016,05589,01272,010
2019-05-22$96.08$105.0024.5%7.0%55.3%32.3%24.9%2.9%-0.4%-2.7M200.6M-2.1M0.913.12N/AN/A56,61951,522106,12482,757
2019-05-23$94.63$105.0026.2%7.5%55.3%39.4%26.2%2.9%0.2%-8.4M253.5M-2.3M0.843.48N/AN/A22,01818,412129,24098,302
2019-05-24$95.31$104.0023.9%6.8%55.6%30.0%24.1%2.7%0.6%-4.0M191.4M-2.3M0.992.75N/AN/A13,92913,856136,11498,766
2019-05-28$91.81$101.0026.2%7.4%56.5%39.4%25.4%3.2%-0.8%-1.9M201.7M-2.1M0.593.16N/AN/A15,9289,404110,68383,372
2019-05-29$93.55$100.0025.3%7.5%57.2%35.7%24.1%3.2%0.5%2.6M115.9M-2.3M1.053.13N/AN/A12,29312,962116,10984,954
2019-05-30$93.89$100.0025.2%7.1%57.3%35.2%24.9%2.7%-0.2%4.6M92.1M-2.3M1.052.71N/AN/A8,5658,952119,00286,431
2019-05-31$93.30$100.0025.5%7.4%57.0%36.7%25.6%2.9%-0.1%-3.3M138.1M-2.3M0.662.72N/AN/A15,72710,321120,44090,578