LOW Options History — July 2022

In July 2022, LOW traded between $177.52 and $195.33. ATM implied volatility averaged 34.4%, placing in the 52.2% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 5.6% (HV 20d: 28.9%). Max pain ranged from $190.00 to $190.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.91.

Notable Days

2022-07-18: Highest Volume — 26,166 contracts
2022-07-18: Largest IV spike — 10.1% change
2022-07-26: Highest IV Rank — 63.6%
2022-07-26: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$186.07	$177.52	$195.33	$177.52	$191.95
Max Pain	$190.00	$190.00	$190.00	$190.00	$190.00
ATM IV	34.4%	31.8%	37.8%	33.9%	34.6%
Expected Move	10.7%	9.7%	11.5%	9.7%	10.5%
HV 20d	28.9%	18.3%	36.4%	35.9%	18.3%
HV 60d	36.4%	35.0%	37.8%	37.8%	35.0%
IV Rank	52.2%	43.2%	63.6%	51.9%	52.6%
IV Percentile	74.7%	64.7%	87.3%	73.4%	71.0%
Term Structure	0.9%	-1.4%	6.1%	-0.1%	-0.1%
VWIV	37.9%	34.9%	42.4%	34.9%	37.5%
Skew 25d	6.1%	4.7%	7.0%	6.9%	4.7%
Skew 10d	12.9%	10.0%	15.8%	14.8%	10.4%
Call IV 25d	32.2%	28.4%	35.1%	32.6%	33.1%
Put IV 25d	38.3%	33.6%	41.9%	39.4%	37.8%
Bid-Ask Spread %	17.50	7.17	25.32	7.17	13.69
Gamma HHI	0.08	0.06	0.15	0.07	0.06
Net GEX	4.2M	-7.8M	23.1M	948.9K	7.9M
Net DEX	48.4M	-269.3M	276.7M	276.7M	-89.0M
Net VEX	-4.9M	-5.3M	-4.6M	-4.8M	-5.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.37	2.06	1.08	0.37
Total Volume	15,250.95	9,135	26,166	14,061	19,660
Total OI	206,683.3	185,790	224,041	220,851	205,620

Daily Data (20 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
2022-07-01	$177.52	$190.00	33.9%	9.7%	35.9%	51.9%	34.9%	6.9%	-0.1%	948.9K	276.7M	-4.8M	1.08	7.17	N/A	N/A	6,749	7,312	127,531	93,320
2022-07-05	$179.66	$190.00	34.8%	11.3%	36.3%	55.1%	39.8%	7.0%	-0.4%	-1.5M	233.7M	-4.8M	0.74	21.45	N/A	N/A	6,420	4,774	121,746	86,912
2022-07-06	$179.88	$190.00	34.0%	11.1%	36.1%	50.4%	39.1%	6.7%	0.3%	-1.3M	219.0M	-4.7M	1.50	25.32	N/A	N/A	5,656	8,461	122,591	87,514
2022-07-07	$181.60	$190.00	32.7%	10.8%	36.4%	46.1%	36.1%	6.0%	-0.1%	-2.7M	190.2M	-4.7M	0.93	13.68	N/A	N/A	7,969	7,421	123,039	91,294
2022-07-08	$182.01	$190.00	31.8%	10.7%	36.1%	43.2%	36.7%	6.0%	0.3%	1.6M	178.8M	-4.8M	0.52	17.05	N/A	N/A	5,993	3,142	125,200	93,767
2022-07-11	$179.97	$190.00	32.7%	10.9%	35.8%	46.1%	38.2%	6.0%	5.4%	-7.8M	260.5M	-4.6M	0.72	19.81	N/A	N/A	6,116	4,417	120,154	91,767
2022-07-12	$180.54	$190.00	33.4%	11.1%	33.1%	48.5%	38.8%	6.2%	5.4%	-7.5M	232.3M	-4.7M	0.82	19.54	N/A	N/A	8,127	6,650	121,013	92,729
2022-07-13	$182.56	$190.00	32.0%	10.7%	30.8%	43.9%	37.3%	4.9%	5.3%	-5.0M	168.0M	-4.7M	0.60	19.09	N/A	N/A	9,501	5,668	122,114	94,901
2022-07-14	$182.60	$190.00	32.8%	10.7%	30.4%	46.3%	38.5%	5.6%	5.5%	-5.1M	139.2M	-4.8M	0.82	16.99	N/A	N/A	5,598	4,566	125,915	97,164
2022-07-15	$184.60	$190.00	32.1%	10.3%	30.5%	44.1%	37.7%	5.2%	6.1%	3.7M	76.3M	-4.7M	0.78	20.36	N/A	N/A	9,331	7,263	126,419	97,622
2022-07-18	$185.51	$190.00	35.3%	10.5%	25.6%	55.1%	37.0%	6.6%	-1.0%	6.2M	20.4M	-4.8M	0.64	19.34	N/A	N/A	15,908	10,258	108,867	76,923
2022-07-19	$189.48	$190.00	35.3%	10.3%	26.3%	55.0%	37.9%	6.5%	-0.9%	11.0M	-59.3M	-5.0M	0.85	16.11	N/A	N/A	10,941	9,300	111,128	82,543
2022-07-20	$191.18	$190.00	36.3%	10.4%	26.2%	58.4%	37.9%	6.5%	-1.2%	13.4M	-141.3M	-5.2M	0.97	18.44	N/A	N/A	9,559	9,296	112,877	84,247
2022-07-21	$193.34	$190.00	35.7%	10.3%	26.3%	56.4%	36.6%	6.5%	-1.4%	16.9M	-213.5M	-5.3M	0.85	18.14	N/A	N/A	8,933	7,568	114,129	85,703
2022-07-22	$195.33	$190.00	35.5%	10.3%	26.1%	55.6%	36.3%	6.1%	-1.1%	23.1M	-269.3M	-5.3M	0.96	10.77	N/A	N/A	7,805	7,511	115,052	87,517
2022-07-25	$194.49	$190.00	36.1%	10.7%	23.7%	57.8%	38.6%	6.5%	-1.1%	13.7M	-176.4M	-5.3M	1.18	15.43	N/A	N/A	4,316	5,113	111,407	82,949
2022-07-26	$188.37	$190.00	37.8%	11.5%	26.6%	63.6%	42.4%	6.7%	-1.4%	4.7M	-3.3M	-4.9M	2.06	19.95	N/A	N/A	4,514	9,289	111,557	82,374
2022-07-27	$190.64	$190.00	36.5%	11.1%	18.5%	59.2%	39.8%	6.4%	-0.8%	6.4M	-43.1M	-5.0M	1.11	19.04	N/A	N/A	5,416	6,029	112,008	86,229
2022-07-28	$190.08	$190.00	35.4%	10.7%	18.6%	55.4%	38.0%	5.5%	-1.1%	4.8M	-31.5M	-4.9M	0.64	18.66	N/A	N/A	13,724	8,745	112,518	87,306
2022-07-29	$191.95	$190.00	34.6%	10.5%	18.3%	52.6%	37.5%	4.7%	-0.1%	7.9M	-89.0M	-5.1M	0.37	13.69	N/A	N/A	14,387	5,273	115,353	90,267