LOW Options History — August 2019

In August 2019, LOW traded between $93.48 and $112.69. ATM implied volatility averaged 31.9%, placing in the 63.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 3.6% (HV 20d: 28.3%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.18.

Notable Days

  • 2019-08-21: Highest Volume — 69,496 contracts
  • 2019-08-21: Largest IV drop — 33.0% change
  • 2019-08-14: Highest IV Rank — 96.0%
  • 2019-08-15: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$101.32$93.48$112.69$100.03$112.20
Max Pain$102.36$100.00$105.00$105.00$105.00
ATM IV31.9%23.0%39.7%34.0%23.3%
Expected Move8.6%6.3%10.9%7.4%6.9%
HV 20d28.3%17.8%43.5%19.1%43.5%
HV 60d31.7%21.9%37.0%36.1%29.2%
IV Rank63.4%25.9%96.0%72.3%27.2%
IV Percentile75.3%37.7%99.6%88.9%38.9%
Term Structure-1.1%-2.9%0.3%-2.0%0.3%
VWIV30.2%23.3%36.9%25.7%23.3%
Skew 25d4.5%3.3%5.9%4.2%3.3%
Skew 10d7.7%5.7%10.8%6.3%6.5%
Call IV 25d29.9%21.5%37.3%32.5%21.7%
Put IV 25d34.4%25.1%42.9%36.7%25.1%
Bid-Ask Spread %3.632.205.575.563.97
Gamma HHI0.140.120.160.140.12
Net GEX18.5M5.4M36.8M15.8M35.3M
Net DEX-348.5M-1.03B56.2M-230.2M-1.01B
Net VEX-2.9M-3.2M-2.7M-3.0M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.473.082.340.67
Total Volume17,388.6826,32569,49618,17617,937
Total OI218,876.591196,541258,548196,541247,148

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$100.03$105.0034.0%7.4%19.1%72.3%25.7%4.2%-2.0%15.8M-230.2M-3.0M2.345.56N/AN/A5,44812,728128,93767,604
2019-08-02$99.45$105.0034.2%7.4%18.3%72.9%26.5%4.9%-1.9%11.2M-174.1M-3.1M1.284.84N/AN/A4,2635,438131,04075,045
2019-08-05$97.27$105.0037.9%10.0%19.5%88.6%33.9%4.4%-1.7%12.1M-114.2M-3.0M1.473.89N/AN/A5,3547,852125,72072,416
2019-08-06$97.86$105.0035.9%9.5%19.7%80.2%33.0%5.1%-1.4%12.0M-123.0M-3.0M1.313.83N/AN/A3,2164,227127,30575,698
2019-08-07$98.69$100.0036.1%9.7%19.6%81.0%33.4%4.9%-1.8%13.2M-161.5M-3.1M1.043.14N/AN/A3,3613,509128,48177,709
2019-08-08$100.38$100.0033.9%9.0%19.5%72.0%31.6%4.5%-1.8%16.2M-249.3M-3.1M0.933.00N/AN/A3,6593,395129,32278,503
2019-08-09$99.06$100.0034.2%9.1%17.8%73.2%32.4%4.9%-1.4%12.9M-165.4M-3.0M1.483.51N/AN/A2,5503,775130,33681,225
2019-08-12$96.35$100.0036.9%9.9%19.2%84.4%35.1%5.0%-1.7%8.6M-45.3M-2.8M1.422.42N/AN/A2,8874,112126,42778,829
2019-08-13$96.64$100.0035.4%9.6%19.3%78.1%33.7%4.8%-1.7%9.3M-57.4M-2.8M1.042.51N/AN/A3,1103,220127,23579,175
2019-08-14$93.97$100.0039.7%10.8%20.6%96.0%36.6%5.9%-2.1%6.0M47.6M-2.7M0.753.22N/AN/A8,7046,565128,44579,957
2019-08-15$93.48$100.0039.5%10.9%20.5%95.3%36.9%5.2%-2.0%5.4M56.2M-2.7M1.002.20N/AN/A4,1544,161130,66380,332
2019-08-16$94.05$100.0036.8%10.0%20.8%84.0%36.2%5.3%-2.9%7.8M38.9M-2.7M3.082.38N/AN/A3,37310,396132,30681,342
2019-08-19$95.33$100.0035.3%9.9%21.8%77.9%34.1%4.7%-1.2%9.9M-48.2M-2.7M0.882.39N/AN/A8,6847,625121,87079,130
2019-08-20$98.20$100.0036.3%10.3%24.8%81.7%36.1%4.8%-1.8%14.1M-186.8M-2.9M0.744.55N/AN/A28,88521,473126,54385,021
2019-08-21$107.88$100.0024.3%7.0%42.2%31.4%24.9%3.5%0.0%36.8M-834.4M-2.9M0.664.16N/AN/A41,99127,505142,59596,808
2019-08-22$108.44$102.0023.7%6.8%42.1%29.1%24.1%3.4%0.1%35.6M-826.7M-3.0M0.983.40N/AN/A13,34813,100149,291104,852
2019-08-23$106.53$105.0025.8%7.4%42.5%37.6%26.7%3.8%-0.2%27.4M-666.1M-3.2M1.695.57N/AN/A7,90513,370150,263108,285
2019-08-26$105.96$105.0025.5%7.2%42.6%36.7%25.1%4.3%-0.0%27.5M-577.6M-3.1M0.984.12N/AN/A3,4223,362136,51688,497
2019-08-27$106.28$105.0025.5%7.2%42.5%36.6%25.1%4.2%0.3%27.0M-589.3M-3.1M1.033.48N/AN/A4,9715,128138,46991,396
2019-08-28$108.20$105.0024.7%7.1%42.3%33.4%25.2%3.6%0.2%31.4M-723.0M-3.0M0.633.76N/AN/A9,5636,029140,89193,315
2019-08-29$112.69$105.0023.0%6.3%43.5%25.9%24.2%3.6%0.3%32.3M-1.03B-2.8M0.473.99N/AN/A19,5869,210144,90595,438
2019-08-30$112.20$105.0023.3%6.9%43.5%27.2%23.3%3.3%0.3%35.3M-1.01B-2.8M0.673.97N/AN/A10,7657,172148,60498,544