LOW Options History — June 2021

In June 2021, LOW traded between $186.60 and $194.38. ATM implied volatility averaged 21.2%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 1.9% (HV 20d: 19.3%). Max pain ranged from $185.00 to $197.50. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.87.

Notable Days

  • 2021-06-11: Highest Volume — 29,685 contracts
  • 2021-06-03: Largest IV drop — 8.9% change
  • 2021-06-02: Highest IV Rank — 20.8%
  • 2021-06-01: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$190.51$186.60$194.38$192.25$194.38
Max Pain$189.77$185.00$197.50$197.50$190.00
ATM IV21.2%19.5%25.4%23.5%19.5%
Expected Move6.0%5.2%6.7%6.7%5.2%
HV 20d19.3%11.3%31.6%31.5%11.3%
HV 60d23.2%22.1%24.7%24.7%22.1%
IV Rank5.2%0.0%20.8%12.9%0.0%
IV Percentile2.5%0.0%12.3%6.7%0.0%
Term Structure0.2%-1.3%1.1%-0.7%0.3%
VWIV21.3%18.6%24.2%24.2%18.6%
Skew 25d2.2%0.5%3.1%2.7%2.2%
Skew 10d5.1%2.9%13.0%5.2%3.3%
Call IV 25d20.7%18.9%24.9%22.8%19.2%
Put IV 25d22.9%20.7%26.1%25.5%21.4%
Bid-Ask Spread %16.581.7050.5013.291.70
Gamma HHI0.120.080.300.080.12
Net GEX-6.5M-49.6M27.8M-5.6M24.2M
Net DEX-162.2M-512.9M144.9M-181.2M-493.7M
Net VEX-5.1M-5.4M-4.9M-5.0M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.381.671.010.68
Total Volume17,493.0917,42329,68519,5988,707
Total OI226,891.727200,435247,542200,435247,542

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$192.25$197.5023.5%6.7%31.5%12.9%24.2%2.7%-0.7%-5.6M-181.2M-5.0M1.0113.29N/AN/A9,7739,82589,744110,691
2021-06-02$190.40$197.5025.4%6.6%31.6%20.8%23.3%0.5%-1.3%-12.5M-75.1M-5.1M0.769.84N/AN/A9,4247,20391,969115,401
2021-06-03$190.22$185.0023.1%6.7%31.5%11.2%23.3%3.1%-0.1%-13.5M-68.0M-5.2M0.9224.80N/AN/A7,8217,20695,454118,985
2021-06-04$189.78$185.0021.8%6.4%29.7%5.7%22.7%2.9%0.1%-21.3M-22.9M-5.1M0.8250.50N/AN/A10,5528,63597,799120,134
2021-06-07$190.02$185.0021.3%6.3%28.7%3.7%22.5%2.1%0.9%-10.1M-94.4M-5.0M0.719.31N/AN/A6,6614,74094,319115,922
2021-06-08$191.57$185.0021.3%6.4%28.1%3.5%22.4%2.3%1.1%-2.7M-178.9M-5.2M1.014.53N/AN/A9,0249,08097,064117,947
2021-06-09$190.64$190.0021.5%6.4%26.0%4.5%22.3%2.6%0.7%-9.6M-122.8M-5.2M0.6018.88N/AN/A4,6332,79099,349121,417
2021-06-10$188.61$190.0020.8%5.9%20.7%1.3%20.8%2.1%0.0%-16.3M-13.1M-5.0M0.7412.35N/AN/A14,01310,305101,124122,303
2021-06-11$190.59$190.0019.7%5.7%18.2%0.0%20.8%1.6%0.6%-15.8M-143.9M-5.1M0.9730.60N/AN/A15,05614,629107,246127,423
2021-06-14$189.65$190.0020.5%5.9%17.9%3.3%21.7%2.0%0.5%-12.2M-110.8M-5.0M1.139.63N/AN/A6,2657,081106,722121,632
2021-06-15$187.87$190.0020.4%5.8%16.3%2.9%21.3%1.8%1.1%-23.4M28.1M-5.1M1.165.10N/AN/A5,5736,451108,065125,240
2021-06-16$186.60$190.0021.3%6.1%16.4%6.7%21.6%3.1%0.5%-28.9M141.3M-5.1M1.1240.66N/AN/A5,2545,872108,674128,171
2021-06-17$187.27$190.0020.9%6.0%14.6%5.1%21.2%1.9%0.3%-32.9M109.1M-4.9M1.672.29N/AN/A6,98111,659109,577130,315
2021-06-18$186.91$190.0022.1%6.3%11.6%9.9%23.5%2.3%0.4%-49.6M144.9M-5.1M1.136.96N/AN/A8,0769,150109,911133,364
2021-06-21$188.61$190.0021.7%6.0%12.0%8.5%22.6%1.9%-0.4%-6.2M-136.7M-5.0M1.0816.25N/AN/A9,34010,07995,515115,296
2021-06-22$192.18$190.0021.3%5.7%13.8%6.9%20.5%2.3%0.1%6.7M-352.7M-5.0M0.6734.05N/AN/A17,26611,63098,258120,395
2021-06-23$191.87$190.0020.4%5.6%13.3%3.0%20.0%2.3%0.3%8.3M-340.4M-5.3M0.7019.67N/AN/A11,8518,292103,576126,413
2021-06-24$191.89$190.0019.9%5.4%13.3%1.1%19.2%1.6%0.2%10.3M-350.9M-5.3M0.576.52N/AN/A7,4654,276108,721129,116
2021-06-25$192.30$190.0019.7%5.3%13.2%0.0%18.6%2.2%0.1%24.7M-362.3M-5.3M0.3823.90N/AN/A13,1555,051109,966131,231
2021-06-28$193.49$190.0020.3%5.5%13.2%2.7%19.1%2.5%0.2%15.6M-430.0M-5.4M0.503.77N/AN/A13,3206,630107,706128,195
2021-06-29$194.23$190.0019.8%5.3%12.0%0.4%18.7%2.2%0.2%27.8M-512.9M-5.4M0.8420.25N/AN/A13,10010,954112,264131,462
2021-06-30$194.38$190.0019.5%5.2%11.3%0.0%18.6%2.2%0.3%24.2M-493.7M-5.4M0.681.70N/AN/A5,1873,520112,378135,164