LOW Options History — October 2020

In October 2020, LOW traded between $157.01 and $178.77. ATM implied volatility averaged 35.0%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 10.4% (HV 20d: 24.6%). Max pain ranged from $155.00 to $170.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2020-10-09: Highest Volume — 25,349 contracts
  • 2020-10-19: Largest IV spike — 16.7% change
  • 2020-10-28: Highest IV Rank — 23.7%
  • 2020-10-30: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$170.22$157.01$178.77$166.75$157.01
Max Pain$165.23$155.00$170.00$155.00$170.00
ATM IV35.0%29.1%44.0%30.8%43.9%
Expected Move10.9%8.3%13.7%8.3%13.7%
HV 20d24.6%20.5%35.9%35.9%25.7%
HV 60d26.7%25.8%28.4%25.8%28.4%
IV Rank15.8%10.6%23.7%12.1%23.6%
IV Percentile58.4%25.8%80.2%41.7%79.8%
Term Structure0.9%-2.4%5.8%3.3%-1.0%
VWIV38.7%30.2%47.9%30.2%47.9%
Skew 25d4.9%1.8%8.3%4.7%8.3%
Skew 10d10.4%6.1%17.8%10.2%17.8%
Call IV 25d33.4%27.9%41.2%28.8%41.2%
Put IV 25d38.3%31.3%49.5%33.5%49.5%
Bid-Ask Spread %21.244.3040.754.7740.75
Gamma HHI0.130.080.180.130.09
Net GEX20.7M-2.6M36.6M24.8M-2.6M
Net DEX-602.1M-1.07B-10.9M-684.8M-10.9M
Net VEX-2.6M-2.9M-2.3M-2.7M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.341.190.591.06
Total Volume15,153.7279,14025,34913,70314,279
Total OI171,990.818138,792198,935187,489158,850

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$166.75$155.0030.8%8.3%35.9%12.1%30.2%4.7%3.3%24.8M-684.8M-2.7M0.594.77N/AN/A8,6055,09896,40491,085
2020-10-02$166.88$155.0031.8%8.3%29.5%12.9%30.6%5.0%3.8%24.8M-693.2M-2.6M0.9718.10N/AN/A6,4726,30997,14693,288
2020-10-05$168.80$160.0032.5%10.9%27.6%13.6%41.8%5.3%0.0%25.7M-738.3M-2.6M0.8819.79N/AN/A5,9605,27493,27491,569
2020-10-06$165.25$160.0034.1%11.1%27.8%15.0%40.8%5.1%0.1%18.2M-583.4M-2.7M0.9418.64N/AN/A7,2256,82594,02393,668
2020-10-07$169.03$160.0032.3%10.7%25.9%13.4%38.2%4.2%-0.3%28.3M-755.1M-2.5M0.6118.09N/AN/A6,9924,26993,72696,058
2020-10-08$170.95$160.0032.0%10.6%25.7%13.1%37.5%4.6%-0.1%34.6M-822.6M-2.5M0.3414.15N/AN/A14,3054,88994,03896,108
2020-10-09$173.57$160.0030.8%10.3%25.1%12.1%37.3%1.8%-0.0%35.3M-931.0M-2.5M0.4216.52N/AN/A17,8917,45895,25698,161
2020-10-12$173.04$165.0029.4%10.1%24.3%10.8%35.8%4.1%5.8%36.2M-862.0M-2.3M0.384.30N/AN/A14,3245,45992,73593,016
2020-10-13$175.56$165.0029.1%10.0%23.8%10.6%35.2%3.9%5.7%36.5M-948.5M-2.3M0.6227.70N/AN/A11,3026,97494,91495,489
2020-10-14$173.65$170.0030.1%10.1%23.8%11.4%36.6%4.1%5.2%32.3M-826.8M-2.6M0.4725.70N/AN/A9,0704,21995,34397,018
2020-10-15$176.14$165.0030.9%10.2%22.5%12.2%36.0%3.1%5.6%36.6M-953.9M-2.4M0.4921.42N/AN/A8,6664,26197,23798,908
2020-10-16$178.77$165.0031.2%10.0%21.3%12.4%35.4%4.0%5.8%19.9M-1.07B-2.4M0.3920.78N/AN/A17,6826,97098,531100,404
2020-10-19$175.91$165.0036.4%10.8%21.7%17.0%38.0%4.7%-2.0%19.2M-600.0M-2.6M0.5718.55N/AN/A11,1336,29273,28765,505
2020-10-20$177.67$170.0037.2%10.8%21.1%17.7%38.5%5.1%-2.4%21.8M-592.6M-2.8M0.8125.47N/AN/A8,9717,28473,55468,178
2020-10-21$174.89$170.0038.1%10.9%20.5%18.5%38.8%5.1%-1.6%18.0M-523.7M-2.7M0.5115.79N/AN/A8,1794,13575,80269,695
2020-10-22$171.56$170.0037.6%10.9%22.2%18.1%38.4%4.9%-2.1%10.6M-395.6M-2.8M0.8519.40N/AN/A8,0106,78678,93171,766
2020-10-23$171.96$170.0036.8%10.7%22.2%17.3%37.4%4.9%-1.7%16.9M-399.7M-2.9M0.6716.19N/AN/A6,1904,16581,54074,182
2020-10-26$167.69$170.0040.5%12.2%23.3%20.6%42.5%5.3%-1.3%7.7M-306.8M-2.8M0.7624.72N/AN/A7,6545,84474,88369,531
2020-10-27$165.71$170.0039.8%12.2%23.8%20.0%42.8%5.3%-1.4%6.4M-246.2M-2.9M1.1427.49N/AN/A7,1218,12577,55871,505
2020-10-28$162.58$170.0044.0%13.6%24.0%23.7%47.0%7.7%-1.5%2.7M-168.8M-2.8M0.9336.52N/AN/A7,0306,54579,14575,381
2020-10-29$161.44$170.0041.6%13.0%24.0%21.6%45.4%6.6%-0.8%461.1K-132.2M-2.8M1.1932.45N/AN/A4,1714,96980,15376,953
2020-10-30$157.01$170.0043.9%13.7%25.7%23.6%47.9%8.3%-1.0%-2.6M-10.9M-2.8M1.0640.75N/AN/A6,9437,33680,93577,915