LOW Options History — June 2022

In June 2022, LOW traded between $171.28 and $196.97. ATM implied volatility averaged 34.4%, placing in the 53.5% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 3.0% (HV 20d: 37.3%). Max pain ranged from $190.00 to $200.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.91.

Notable Days

2022-06-23: Highest Volume — 72,634 contracts
2022-06-13: Largest IV spike — 14.4% change
2022-06-13: Highest IV Rank — 70.7%
2022-06-13: Largest Expected Move — 11.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$183.15	$171.28	$196.97	$192.68	$174.58
Max Pain	$195.12	$190.00	$200.00	$197.50	$190.00
ATM IV	34.4%	30.8%	39.6%	32.8%	36.0%
Expected Move	9.8%	8.8%	11.3%	9.7%	10.3%
HV 20d	37.3%	32.9%	45.6%	45.6%	35.6%
HV 60d	37.7%	36.8%	38.3%	37.6%	37.7%
IV Rank	53.5%	41.9%	70.7%	48.4%	58.8%
IV Percentile	78.5%	69.4%	92.5%	74.2%	82.5%
Term Structure	-0.1%	-0.9%	0.7%	-0.9%	-0.7%
VWIV	35.3%	31.9%	39.7%	36.6%	37.3%
Skew 25d	6.5%	5.1%	7.6%	5.6%	7.6%
Skew 10d	13.4%	11.0%	16.4%	11.4%	14.9%
Call IV 25d	31.8%	28.2%	36.1%	31.2%	33.4%
Put IV 25d	38.3%	33.9%	43.6%	36.8%	41.1%
Bid-Ask Spread %	17.22	6.26	34.36	15.97	8.37
Gamma HHI	0.10	0.07	0.32	0.08	0.07
Net GEX	-11.6M	-44.8M	7.8M	-12.0M	-4.6M
Net DEX	363.0M	51.4M	940.5M	222.0M	345.7M
Net VEX	-4.5M	-5.2M	-3.8M	-5.0M	-4.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.15	2.34	1.15	0.49
Total Volume	23,939.667	9,677	72,634	15,127	33,537
Total OI	202,317.762	153,248	231,769	202,469	214,695

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$192.68	$197.50	32.8%	9.7%	45.6%	48.4%	36.6%	5.6%	-0.9%	-12.0M	222.0M	-5.0M	1.15	15.97	N/A	N/A	7,022	8,105	95,792	106,677
2022-06-02	$195.26	$200.00	31.2%	8.8%	44.1%	43.1%	32.0%	5.5%	-0.6%	-9.4M	121.3M	-5.0M	1.02	17.63	N/A	N/A	5,403	5,501	95,660	107,165
2022-06-03	$195.23	$200.00	31.0%	8.8%	38.4%	42.5%	31.9%	5.1%	-0.3%	-10.2M	100.2M	-4.9M	0.82	34.36	N/A	N/A	7,466	6,157	96,331	107,595
2022-06-06	$196.97	$200.00	31.4%	8.9%	38.1%	43.8%	33.5%	5.3%	-0.0%	-8.3M	51.4M	-4.8M	0.91	17.42	N/A	N/A	6,039	5,509	93,976	104,184
2022-06-07	$195.71	$200.00	30.8%	8.8%	37.5%	41.9%	32.3%	5.9%	0.1%	-10.0M	98.1M	-4.8M	1.44	24.80	N/A	N/A	6,747	9,686	95,531	104,695
2022-06-08	$192.50	$200.00	31.5%	9.1%	37.3%	44.2%	31.9%	6.0%	0.1%	-15.4M	225.5M	-4.7M	0.77	23.22	N/A	N/A	5,474	4,203	96,950	108,380
2022-06-09	$194.80	$200.00	32.3%	9.3%	36.5%	46.7%	32.2%	5.9%	0.2%	-11.4M	121.9M	-4.8M	1.06	23.81	N/A	N/A	9,208	9,750	97,412	108,198
2022-06-10	$186.96	$200.00	34.6%	9.8%	39.1%	54.3%	32.8%	6.9%	-0.5%	-22.3M	446.6M	-4.6M	0.98	11.76	N/A	N/A	10,328	10,115	98,536	112,473
2022-06-13	$180.44	$200.00	39.6%	11.3%	40.3%	70.7%	39.7%	7.5%	-0.8%	-19.9M	624.6M	-4.4M	0.93	17.60	N/A	N/A	11,501	10,749	98,024	109,244
2022-06-14	$178.00	$200.00	37.5%	10.7%	40.3%	63.7%	37.6%	7.4%	0.3%	-22.8M	727.6M	-4.2M	1.07	20.14	N/A	N/A	11,436	12,196	102,504	113,356
2022-06-15	$178.80	$195.00	35.4%	10.1%	40.4%	56.8%	35.3%	6.3%	0.7%	-23.7M	670.8M	-4.2M	0.86	30.81	N/A	N/A	8,327	7,157	106,994	116,729
2022-06-16	$171.28	$195.00	39.1%	11.2%	37.2%	68.9%	39.0%	7.3%	0.6%	-44.8M	940.5M	-3.8M	1.18	13.94	N/A	N/A	12,064	14,199	108,932	118,429
2022-06-17	$172.90	$190.00	36.0%	10.3%	34.4%	58.9%	36.4%	6.7%	0.2%	-8.4M	788.5M	-3.9M	2.34	19.19	N/A	N/A	8,950	20,928	111,593	120,176
2022-06-21	$172.55	$190.00	35.6%	10.2%	33.0%	57.5%	36.9%	6.6%	0.1%	-9.0M	430.5M	-3.8M	0.99	18.31	N/A	N/A	7,142	7,065	76,501	76,747
2022-06-22	$173.65	$190.00	35.4%	10.2%	32.9%	57.1%	37.3%	6.5%	0.4%	-7.7M	407.8M	-3.9M	1.11	11.91	N/A	N/A	5,911	6,557	77,842	78,315
2022-06-23	$176.12	$190.00	35.7%	10.0%	33.4%	57.9%	37.6%	6.6%	-0.0%	-6.1M	350.4M	-4.0M	0.15	12.74	N/A	N/A	63,153	9,481	78,869	79,411
2022-06-24	$182.51	$190.00	32.2%	9.2%	35.3%	46.4%	32.8%	6.7%	0.4%	1.0M	162.6M	-5.0M	0.50	15.41	N/A	N/A	27,296	13,662	118,389	83,102
2022-06-27	$184.23	$190.00	33.0%	9.2%	32.9%	49.1%	34.3%	6.7%	-0.4%	7.8M	93.2M	-5.2M	0.40	11.14	N/A	N/A	23,800	9,460	120,916	85,031
2022-06-28	$175.10	$190.00	35.4%	10.3%	35.9%	56.9%	35.6%	7.0%	-0.3%	-3.3M	358.1M	-4.6M	0.51	6.26	N/A	N/A	20,814	10,711	124,547	86,236
2022-06-29	$175.78	$190.00	35.1%	10.0%	36.0%	56.1%	38.2%	6.8%	-0.3%	-3.2M	336.6M	-4.6M	0.36	6.85	N/A	N/A	21,973	7,951	125,339	87,197
2022-06-30	$174.58	$190.00	36.0%	10.3%	35.6%	58.8%	37.3%	7.6%	-0.7%	-4.6M	345.7M	-4.7M	0.49	8.37	N/A	N/A	22,492	11,045	126,498	88,197