LOW Options History — June 2019

In June 2019, LOW traded between $93.76 and $101.74. ATM implied volatility averaged 22.8%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 22.3% (HV 20d: 45.1%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.83.

Notable Days

  • 2019-06-05: Highest Volume — 32,299 contracts
  • 2019-06-04: Largest IV drop — 9.4% change
  • 2019-06-03: Highest IV Rank — 40.6%
  • 2019-06-03: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.30$93.76$101.74$93.76$100.81
Max Pain$95.75$95.00$100.00$100.00$95.00
ATM IV22.8%21.0%26.5%26.5%21.0%
Expected Move6.5%5.9%7.6%7.6%5.9%
HV 20d45.1%20.7%58.8%57.0%20.8%
HV 60d36.9%36.5%37.2%36.5%37.1%
IV Rank25.0%17.6%40.6%40.6%17.6%
IV Percentile38.1%26.6%54.0%54.0%26.6%
Term Structure0.1%-0.5%0.9%-0.5%0.1%
VWIV23.2%21.1%26.9%26.9%21.1%
Skew 25d2.9%2.3%3.5%3.0%3.4%
Skew 10d5.8%4.0%7.3%7.0%7.3%
Call IV 25d21.5%19.6%25.1%25.1%19.6%
Put IV 25d24.4%23.0%28.1%28.1%23.0%
Bid-Ask Spread %2.721.913.763.042.92
Gamma HHI0.170.120.240.140.19
Net GEX17.3M572.6K33.2M572.6K26.4M
Net DEX-280.0M-546.9M76.2M76.2M-479.0M
Net VEX-3.3M-3.6M-2.7M-2.7M-3.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.232.610.760.93
Total Volume14,583.857,30832,29911,2087,709
Total OI246,847.6214,051275,175214,108226,476

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$93.76$100.0026.5%7.6%57.0%40.6%26.9%3.0%-0.5%572.6K76.2M-2.7M0.763.04N/AN/A6,3604,848121,09893,010
2019-06-04$96.79$100.0024.0%6.9%58.8%30.1%24.2%2.9%0.0%5.4M-81.2M-2.8M0.592.50N/AN/A15,6119,248123,07893,743
2019-06-05$96.12$100.0024.1%6.9%57.1%30.5%24.3%2.6%0.3%6.4M-59.4M-3.0M1.172.91N/AN/A14,88917,410131,70498,875
2019-06-06$96.51$95.0023.4%6.7%57.1%27.9%24.3%2.7%0.3%9.3M-110.6M-3.1M0.272.35N/AN/A17,2544,672141,691104,781
2019-06-07$96.83$95.0022.7%6.6%57.2%24.9%23.3%2.3%-0.2%13.7M-164.9M-3.4M0.502.69N/AN/A11,9035,924155,132108,977
2019-06-10$96.42$95.0023.2%6.6%57.1%27.1%23.7%3.5%-0.1%12.6M-144.5M-3.4M0.233.49N/AN/A12,0872,823154,742103,900
2019-06-11$96.51$95.0022.8%6.5%57.0%25.1%23.9%2.5%-0.1%15.4M-169.0M-3.5M1.482.88N/AN/A4,5556,748163,249105,363
2019-06-12$96.44$95.0022.8%6.5%56.7%25.2%22.9%2.5%-0.1%14.3M-142.9M-3.5M0.852.52N/AN/A6,0735,167164,260108,869
2019-06-13$98.45$95.0022.0%6.5%56.9%22.1%22.9%2.5%0.9%22.3M-325.6M-3.6M1.202.28N/AN/A5,2066,224164,971107,097
2019-06-14$99.92$95.0021.8%6.3%57.2%21.2%22.8%2.6%0.3%23.2M-443.8M-3.6M0.692.05N/AN/A8,2165,668165,706109,469
2019-06-17$100.14$95.0022.2%6.4%57.1%22.7%23.0%3.0%0.3%18.8M-415.3M-3.5M0.341.91N/AN/A8,9163,073156,236101,965
2019-06-18$99.47$95.0021.8%6.3%57.1%21.1%22.1%2.7%0.5%19.7M-365.6M-3.5M0.302.26N/AN/A8,0082,396159,200102,790
2019-06-19$98.74$95.0022.0%6.3%56.5%21.9%22.7%2.7%0.0%16.2M-303.1M-3.4M2.612.88N/AN/A5,70614,886159,853103,729
2019-06-20$101.74$95.0022.1%6.3%25.0%22.2%22.0%2.9%-0.3%30.6M-546.9M-3.4M0.923.76N/AN/A13,50512,440160,790102,342
2019-06-21$101.22$95.0022.3%6.4%24.2%23.3%23.5%2.6%-0.3%33.2M-520.2M-3.4M0.753.61N/AN/A8,2616,164163,086103,163
2019-06-24$99.26$95.0022.9%6.5%25.5%25.6%23.1%3.5%-0.2%19.6M-363.9M-3.3M0.762.63N/AN/A4,1483,160135,77478,277
2019-06-25$98.27$95.0023.1%6.5%21.4%26.6%22.9%3.5%-0.0%17.6M-301.4M-3.3M0.822.59N/AN/A4,0383,312138,07980,060
2019-06-26$99.09$95.0022.5%6.4%20.7%24.1%22.2%3.2%-0.1%19.9M-358.0M-3.4M0.862.38N/AN/A3,9363,404140,10881,566
2019-06-27$99.47$95.0021.8%6.2%20.7%21.0%21.8%3.4%0.1%21.3M-380.1M-3.3M0.532.69N/AN/A5,0382,691140,96682,777
2019-06-28$100.81$95.0021.0%5.9%20.8%17.6%21.1%3.4%0.1%26.4M-479.0M-3.3M0.932.92N/AN/A3,9983,711142,82483,652