LOW Options History — October 2019

In October 2019, LOW traded between $106.08 and $112.94. ATM implied volatility averaged 25.6%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 8.1% (HV 20d: 17.5%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 1.10.

Notable Days

  • 2019-10-10: Highest Volume — 20,759 contracts
  • 2019-10-21: Largest IV spike — 18.7% change
  • 2019-10-29: Highest IV Rank — 53.9%
  • 2019-10-02: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$110.14$106.08$112.94$109.62$111.31
Max Pain$109.57$105.00$110.00$105.00$110.00
ATM IV25.6%21.5%30.2%23.1%29.5%
Expected Move6.4%5.5%7.5%6.5%5.9%
HV 20d17.5%12.7%21.0%13.0%19.0%
HV 60d28.7%28.4%29.0%28.4%28.6%
IV Rank33.8%15.4%53.9%22.6%50.9%
IV Percentile47.2%20.6%73.0%36.9%68.7%
Term Structure1.2%-2.2%9.5%0.1%-1.2%
VWIV22.2%19.5%27.8%23.6%20.7%
Skew 25d4.4%3.5%5.1%4.2%4.6%
Skew 10d9.1%7.0%13.9%8.6%9.5%
Call IV 25d23.6%18.2%27.4%21.7%27.3%
Put IV 25d27.9%21.7%32.1%25.9%31.9%
Bid-Ask Spread %4.132.5910.973.754.25
Gamma HHI0.160.130.200.150.14
Net GEX22.9M10.9M35.2M26.5M14.3M
Net DEX-530.7M-934.4M-300.0M-575.1M-408.3M
Net VEX-2.8M-3.2M-2.6M-3.1M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.242.520.651.61
Total Volume10,013.3044,71920,7599,69315,277
Total OI231,602.957176,923276,133237,684191,823

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$109.62$105.0023.1%6.5%13.0%22.6%23.6%4.2%0.1%26.5M-575.1M-3.1M0.653.75N/AN/A5,8593,834142,15995,525
2019-10-02$106.64$105.0025.6%7.5%15.9%33.9%26.9%4.6%0.1%21.7M-357.3M-3.1M2.424.24N/AN/A5,32312,865144,04896,909
2019-10-03$106.08$110.0025.2%7.4%12.7%31.9%26.2%4.3%0.3%19.5M-300.0M-3.2M1.593.97N/AN/A4,3356,878144,696104,723
2019-10-04$107.26$110.0023.4%7.0%13.7%24.0%22.7%4.5%-0.1%24.3M-385.4M-3.1M1.023.87N/AN/A9,4379,635146,366107,624
2019-10-07$108.31$110.0023.1%6.5%14.3%22.8%23.2%4.2%-0.1%26.3M-493.3M-3.1M0.864.19N/AN/A2,5322,187147,517110,092
2019-10-08$107.07$110.0024.8%7.5%14.6%30.2%24.8%5.1%1.6%25.4M-394.0M-3.1M0.954.54N/AN/A3,9873,776148,393110,934
2019-10-09$106.67$110.0024.4%7.2%14.0%28.4%23.7%4.3%0.7%26.3M-367.3M-3.0M1.4910.97N/AN/A4,1346,179150,009112,629
2019-10-10$108.11$110.0024.5%6.8%14.6%28.8%27.8%4.7%-0.8%28.6M-510.0M-3.0M2.523.15N/AN/A5,90414,855150,203112,026
2019-10-11$111.26$110.0022.9%6.7%18.2%22.0%24.2%4.6%0.4%35.2M-807.7M-2.9M1.248.69N/AN/A5,1236,331151,808121,352
2019-10-14$110.36$110.0022.4%6.4%18.3%19.4%21.2%4.4%7.6%30.9M-735.9M-2.8M0.243.65N/AN/A4,4551,055148,264120,112
2019-10-15$112.44$110.0022.0%6.3%19.6%17.9%21.4%4.1%7.5%33.0M-902.0M-2.7M0.502.90N/AN/A8,1374,047150,396120,497
2019-10-16$112.42$110.0021.5%6.2%19.6%15.4%21.1%4.4%7.8%33.0M-853.0M-2.7M0.493.57N/AN/A4,6102,237150,747121,822
2019-10-17$112.44$110.0021.8%5.8%19.4%16.9%19.8%3.5%7.9%25.4M-891.8M-2.6M0.393.55N/AN/A5,5532,178151,863122,939
2019-10-18$112.94$110.0022.9%5.5%19.4%21.6%20.7%3.7%9.5%29.9M-934.4M-2.6M0.853.52N/AN/A5,0294,263152,356123,777
2019-10-21$112.06$110.0027.1%5.7%19.4%40.5%20.4%4.5%-1.7%18.2M-452.6M-2.6M0.672.74N/AN/A7,8605,243101,06975,854
2019-10-22$112.47$110.0028.8%6.0%19.3%47.7%20.5%4.4%-1.9%19.9M-468.7M-2.6M0.643.62N/AN/A5,9353,791101,83678,859
2019-10-23$111.31$110.0029.9%5.9%19.6%52.6%20.8%4.5%-2.0%16.1M-409.9M-2.6M0.942.59N/AN/A3,6473,425103,42180,266
2019-10-24$110.76$110.0029.3%5.7%19.7%50.1%19.8%4.9%-2.0%10.9M-379.6M-2.7M0.893.63N/AN/A2,7112,425105,48881,904
2019-10-25$111.87$110.0029.0%5.6%19.6%48.7%19.5%4.1%-2.2%17.5M-440.3M-2.7M1.442.91N/AN/A2,4133,471106,44982,905
2019-10-28$111.52$110.0028.9%5.8%19.6%48.3%20.5%4.3%-1.2%17.1M-425.5M-2.6M0.633.34N/AN/A3,1751,990102,58580,157
2019-10-29$109.26$110.0030.2%6.3%21.0%53.9%21.5%4.5%-1.1%10.9M-311.7M-2.7M1.763.49N/AN/A2,8374,988104,39181,230
2019-10-30$111.15$110.0029.1%5.8%19.2%49.4%20.5%4.3%-1.4%15.9M-403.3M-2.6M1.463.84N/AN/A2,5973,783104,91783,928
2019-10-31$111.31$110.0029.5%5.9%19.0%50.9%20.7%4.6%-1.2%14.3M-408.3M-2.6M1.614.25N/AN/A5,8529,425106,25285,571