LOW Options History — April 2022

In April 2022, LOW traded between $197.63 and $209.41. ATM implied volatility averaged 33.5%, placing in the 56.9% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 1.6% (HV 20d: 35.1%). Max pain ranged from $210.00 to $220.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 1.03.

Notable Days

  • 2022-04-12: Highest Volume — 31,110 contracts
  • 2022-04-18: Largest IV spike — 13.7% change
  • 2022-04-29: Highest IV Rank — 88.1%
  • 2022-04-29: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$202.91$197.63$209.41$202.04$199.05
Max Pain$214.50$210.00$220.00$220.00$210.00
ATM IV33.5%26.2%41.9%28.3%41.9%
Expected Move10.4%9.1%12.9%9.4%12.9%
HV 20d35.1%31.3%36.9%35.2%31.7%
HV 60d31.6%30.3%32.3%31.8%32.3%
IV Rank56.9%29.9%88.1%37.8%88.1%
IV Percentile83.0%52.0%99.6%67.9%99.6%
Term Structure0.2%-2.3%5.4%0.4%-2.2%
VWIV37.8%32.6%47.2%33.2%46.3%
Skew 25d5.6%4.0%8.0%4.0%8.0%
Skew 10d12.5%8.6%20.5%8.6%20.5%
Call IV 25d31.8%25.7%40.0%26.8%40.0%
Put IV 25d37.4%29.8%48.0%30.8%48.0%
Bid-Ask Spread %21.6810.9433.6623.5119.52
Gamma HHI0.080.070.120.080.08
Net GEX-5.7M-21.8M10.8M-21.8M-14.6M
Net DEX156.0M-169.9M391.6M391.6M208.1M
Net VEX-5.8M-6.1M-5.5M-5.5M-6.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.322.452.290.90
Total Volume19,474.39,88231,11024,22114,100
Total OI197,283.1177,055211,183200,772205,428

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$202.04$220.0028.3%9.4%35.2%37.8%33.2%4.0%0.4%-21.8M391.6M-5.5M2.2923.51N/AN/A7,36316,85895,070105,702
2022-04-04$203.60$220.0026.2%9.2%35.5%29.9%35.0%4.1%0.4%-14.5M275.7M-5.5M0.6216.06N/AN/A11,4067,06290,458102,393
2022-04-05$205.06$220.0027.9%9.1%35.4%36.0%32.7%4.6%0.4%-7.4M197.4M-5.8M1.0225.48N/AN/A12,73612,97996,121104,666
2022-04-06$200.56$220.0030.0%9.7%35.3%43.9%34.9%5.6%0.1%-16.0M361.5M-5.7M1.4928.93N/AN/A9,32513,85298,829106,554
2022-04-07$203.97$220.0029.4%9.8%35.9%41.7%34.3%5.0%-0.1%-8.1M191.1M-5.8M0.7426.19N/AN/A10,0517,439100,696105,824
2022-04-08$207.62$220.0028.4%9.5%36.8%38.2%34.2%4.4%0.2%10.8M36.6M-6.1M0.3220.70N/AN/A21,9427,033102,708108,247
2022-04-11$204.55$220.0030.6%10.3%35.9%46.0%35.6%5.2%5.4%-3.6M156.7M-5.9M0.4619.05N/AN/A12,6345,75599,498101,061
2022-04-12$203.85$220.0030.2%10.2%34.9%44.8%35.6%5.3%5.4%-4.2M179.9M-5.8M1.8333.66N/AN/A11,00820,102101,871101,828
2022-04-13$206.04$220.0028.6%9.2%35.4%39.0%32.6%4.6%3.5%-3.9M115.7M-5.9M0.6314.55N/AN/A10,6996,702102,520105,200
2022-04-14$201.96$210.0029.6%9.7%34.6%42.7%33.8%4.9%4.7%-2.2M237.4M-5.7M0.7628.66N/AN/A8,1116,161106,314104,869
2022-04-18$197.63$210.0033.7%10.0%34.5%57.6%36.4%5.7%-1.0%-7.8M239.1M-5.5M0.8410.94N/AN/A8,7567,33487,97389,082
2022-04-19$202.85$210.0033.4%9.8%34.6%56.4%34.5%5.5%-1.3%-1.0M66.9M-5.7M0.5813.94N/AN/A11,8566,83689,85890,950
2022-04-20$209.41$210.0034.1%9.8%36.7%59.1%36.0%5.3%-0.9%8.5M-169.9M-5.9M0.6116.45N/AN/A9,6135,87191,55791,332
2022-04-21$205.02$210.0036.0%10.4%35.5%66.1%36.5%5.8%-0.8%2.2M-17.7M-5.9M0.7714.55N/AN/A9,6037,42192,00892,266
2022-04-22$198.37$210.0039.2%11.4%36.9%77.9%41.0%6.2%-1.8%-6.0M191.2M-5.7M1.9616.55N/AN/A7,89315,48894,23193,797
2022-04-25$200.46$210.0039.8%11.8%35.8%80.2%47.2%7.2%-1.5%-7.2M147.1M-5.9M2.4526.39N/AN/A6,64416,27089,88597,791
2022-04-26$200.66$210.0041.5%12.3%35.7%86.4%45.7%7.4%-2.3%-8.1M154.0M-6.0M1.1721.86N/AN/A6,9748,13590,810107,096
2022-04-27$199.99$210.0041.3%12.4%33.7%85.6%43.8%6.7%-2.1%-8.5M164.9M-6.0M0.6324.57N/AN/A6,0783,80492,248107,038
2022-04-28$205.53$210.0039.7%12.1%31.3%79.9%45.8%6.4%-1.9%342.7K-7.9M-6.1M0.5831.96N/AN/A11,1106,48293,660108,223
2022-04-29$199.05$210.0041.9%12.9%31.7%88.1%46.3%8.0%-2.2%-14.6M208.1M-6.0M0.9019.52N/AN/A7,4346,66694,857110,571