LOW Options History — February 2022

In February 2022, LOW traded between $213.35 and $239.30. ATM implied volatility averaged 36.2%, placing in the 76.5% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 6.4% (HV 20d: 29.8%). Max pain ranged from $230.00 to $230.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.75.

Notable Days

  • 2022-02-23: Highest Volume — 77,761 contracts
  • 2022-02-23: Largest IV drop — 21.4% change
  • 2022-02-22: Highest IV Rank — 100.0%
  • 2022-02-22: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$226.13$213.35$239.30$238.67$220.20
Max Pain$230.00$230.00$230.00$230.00$230.00
ATM IV36.2%30.1%45.2%33.9%33.3%
Expected Move10.2%8.1%13.8%8.3%9.9%
HV 20d29.8%25.1%32.5%32.0%27.3%
HV 60d26.0%25.2%27.1%25.3%27.0%
IV Rank76.5%44.3%100.0%70.0%56.2%
IV Percentile95.2%82.5%100.0%94.0%90.1%
Term Structure-1.0%-2.6%0.8%-1.2%-0.7%
VWIV37.4%29.4%49.8%29.6%35.6%
Skew 25d6.7%5.5%8.5%6.5%7.0%
Skew 10d14.8%11.0%22.1%13.2%14.7%
Call IV 25d33.9%28.2%42.4%31.4%30.6%
Put IV 25d40.6%33.7%50.9%37.9%37.6%
Bid-Ask Spread %30.2516.0246.1316.0241.36
Gamma HHI0.070.050.110.060.07
Net GEX-1.8M-22.3M14.1M11.6M-3.5M
Net DEX-124.8M-482.7M204.5M-437.8M-57.9M
Net VEX-5.3M-5.5M-5.1M-5.5M-5.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.751.112.971.171.95
Total Volume23,426.89511,84277,76115,36215,041
Total OI163,541.684151,419191,198152,074159,427

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$238.67$230.0033.9%8.3%32.0%70.0%29.6%6.5%-1.2%11.6M-437.8M-5.5M1.1716.02N/AN/A7,0928,27070,43881,636
2022-02-02$239.30$230.0033.5%8.1%30.9%68.0%29.4%5.5%-1.0%14.1M-482.7M-5.4M1.3620.02N/AN/A5,8157,93172,96483,329
2022-02-03$234.86$230.0036.4%9.9%31.0%80.7%34.8%6.2%-1.6%8.2M-357.2M-5.4M1.3725.17N/AN/A5,6437,72973,85084,039
2022-02-04$230.05$230.0035.8%9.8%31.2%78.0%37.1%5.5%-0.8%-3.6M-201.3M-5.4M2.9738.82N/AN/A5,74017,05874,44485,361
2022-02-07$226.51$230.0036.4%9.8%30.7%81.1%35.8%6.1%-1.4%1.6M-125.8M-5.4M1.4225.71N/AN/A4,8896,95371,39180,669
2022-02-08$231.60$230.0035.5%9.7%31.5%77.0%36.7%6.3%-1.5%7.4M-274.6M-5.3M1.3919.32N/AN/A7,84210,87472,24381,452
2022-02-09$233.40$230.0033.2%9.4%31.1%66.8%33.6%5.8%-0.5%12.7M-342.3M-5.2M1.9025.58N/AN/A5,29010,05674,95284,203
2022-02-10$226.11$230.0036.7%10.0%32.5%82.4%36.8%6.1%-2.4%3.1M-94.3M-5.3M2.2446.13N/AN/A6,39614,34775,76085,323
2022-02-11$225.78$230.0038.7%10.6%32.5%91.1%40.7%7.7%-2.6%1.2M-54.1M-5.4M2.0125.11N/AN/A6,05512,18076,61788,103
2022-02-14$225.91$230.0038.5%10.9%31.1%90.4%43.0%7.9%0.3%-358.8K-99.1M-5.4M1.6419.07N/AN/A5,3628,77471,64383,392
2022-02-15$227.27$230.0036.4%10.3%30.3%80.7%39.4%7.5%0.8%246.4K-133.1M-5.3M1.2834.36N/AN/A7,2839,33372,41884,850
2022-02-16$227.25$230.0035.6%10.2%30.2%77.3%39.1%7.2%0.7%-500.5K-114.9M-5.3M2.1939.89N/AN/A5,13111,22874,71587,530
2022-02-17$224.27$230.0038.8%11.2%25.1%91.5%39.0%7.8%-2.0%-9.2M-26.9M-5.3M1.6729.09N/AN/A5,3558,93875,86392,238
2022-02-18$223.60$230.0039.3%11.5%25.1%93.7%42.8%8.1%-2.0%-16.4M572.8K-5.3M1.7538.87N/AN/A8,20914,34476,18894,402
2022-02-22$214.07$230.0045.2%13.8%27.8%100.0%49.8%8.5%-2.4%-7.7M112.1M-5.2M2.6927.52N/AN/A16,50844,43965,58485,835
2022-02-23$214.84$230.0035.5%10.6%27.8%64.3%37.1%6.4%-0.6%-18.0M141.3M-5.3M1.7716.94N/AN/A28,10749,65473,584110,657
2022-02-24$213.35$230.0034.3%10.3%27.5%59.8%37.0%6.0%-0.2%-22.3M204.5M-5.1M1.4242.73N/AN/A12,88018,30276,666114,328
2022-02-25$219.36$230.0030.1%8.8%29.6%44.3%32.8%5.6%0.0%-13.3M-27.1M-5.1M1.1142.93N/AN/A12,33213,73178,757112,441
2022-02-28$220.20$230.0033.3%9.9%27.3%56.2%35.6%7.0%-0.7%-3.5M-57.9M-5.2M1.9541.36N/AN/A5,1029,93969,87489,553