LOW Options History — August 2022

In August 2022, LOW traded between $188.95 and $216.41. ATM implied volatility averaged 32.5%, placing in the 45.6% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 3.0% (HV 20d: 29.5%). Max pain ranged from $190.00 to $200.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 1.35.

Notable Days

  • 2022-08-17: Highest Volume — 62,159 contracts
  • 2022-08-17: Largest IV drop — 17.7% change
  • 2022-08-09: Highest IV Rank — 60.2%
  • 2022-08-02: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$203.55$188.95$216.41$194.42$195.55
Max Pain$197.39$190.00$200.00$190.00$200.00
ATM IV32.5%25.7%36.8%35.1%32.6%
Expected Move9.3%7.3%11.9%11.2%9.2%
HV 20d29.5%18.0%35.4%18.0%32.3%
HV 60d32.0%29.9%34.4%34.4%31.3%
IV Rank45.6%22.3%60.2%54.4%45.9%
IV Percentile61.2%30.2%85.7%73.4%57.1%
Term Structure-0.8%-2.6%1.5%-1.7%-0.2%
VWIV33.5%27.0%43.6%39.2%30.5%
Skew 25d5.5%4.6%6.2%5.8%5.3%
Skew 10d11.4%8.9%13.8%12.4%12.6%
Call IV 25d30.3%24.5%34.2%32.6%30.4%
Put IV 25d35.8%29.0%40.2%38.4%35.7%
Bid-Ask Spread %12.534.4224.2111.5310.37
Gamma HHI0.080.060.110.060.08
Net GEX11.3M-13.0M32.9M9.8M-4.8M
Net DEX-272.9M-699.5M123.4M-143.6M123.4M
Net VEX-5.2M-5.5M-4.9M-5.1M-4.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.323.840.721.37
Total Volume19,079.6096,86162,1599,74512,632
Total OI203,583.043181,797232,092197,219209,798

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$194.42$190.0035.1%11.2%18.0%54.4%39.2%5.8%-1.7%9.8M-143.6M-5.1M0.7211.53N/AN/A5,6804,065111,20886,011
2022-08-02$188.95$190.0036.4%11.9%21.2%58.7%43.6%6.0%-1.6%2.1M17.7M-4.9M1.4910.14N/AN/A5,0827,548111,91186,772
2022-08-03$195.86$190.0035.2%11.5%24.3%54.8%41.4%6.2%-1.5%12.1M-183.1M-5.1M0.9811.36N/AN/A5,5615,437112,79989,733
2022-08-04$197.27$195.0035.9%9.7%24.3%56.9%34.4%6.2%-2.0%15.0M-236.4M-5.3M1.2213.09N/AN/A5,7216,997113,21190,106
2022-08-05$198.78$195.0034.6%9.3%24.3%52.6%34.0%6.2%-1.6%12.9M-272.0M-5.3M0.7811.84N/AN/A7,5725,875113,84791,909
2022-08-08$201.82$195.0036.0%9.9%23.8%57.3%37.6%6.0%-0.9%16.4M-333.3M-5.3M1.1713.82N/AN/A5,9376,956112,36386,426
2022-08-09$194.39$195.0036.8%10.2%28.3%60.2%36.0%6.2%-0.8%6.6M-105.4M-5.0M3.8424.21N/AN/A3,02911,641112,80488,871
2022-08-10$201.54$195.0034.9%9.7%30.5%53.6%37.3%5.6%-1.1%14.7M-309.5M-5.4M1.4310.36N/AN/A4,1025,858114,01093,086
2022-08-11$201.44$195.0036.3%10.1%30.5%58.4%36.3%6.0%-1.2%15.0M-309.4M-5.5M0.3220.83N/AN/A29,7539,645115,10293,963
2022-08-12$205.61$200.0033.9%9.2%31.0%50.2%34.3%5.5%-2.6%16.4M-384.7M-4.9M1.1316.08N/AN/A7,1378,05298,64898,129
2022-08-15$208.38$200.0034.2%9.7%31.1%51.2%35.1%5.6%-0.8%14.6M-411.4M-5.0M1.2714.07N/AN/A10,15012,93297,86591,869
2022-08-16$214.63$200.0034.9%10.0%31.8%53.7%35.5%5.5%-2.1%21.5M-624.7M-5.2M0.8214.33N/AN/A33,50527,454101,29297,659
2022-08-17$214.94$200.0028.7%8.2%31.8%32.6%27.9%4.7%-1.3%29.6M-668.4M-5.2M0.7616.15N/AN/A35,23026,929114,831109,303
2022-08-18$216.41$200.0025.7%7.3%31.7%22.3%27.0%4.6%1.5%32.9M-699.5M-5.1M0.848.38N/AN/A9,5808,033118,528113,169
2022-08-19$211.74$200.0026.8%7.6%33.1%26.1%28.6%4.6%0.8%6.6M-476.3M-5.1M1.264.42N/AN/A9,93012,521117,556114,536
2022-08-22$209.86$200.0029.8%8.4%33.3%36.1%31.4%5.3%-0.1%11.2M-307.6M-5.2M0.7210.18N/AN/A9,5416,85798,36683,431
2022-08-23$207.73$200.0029.2%8.4%31.1%34.2%30.5%5.4%-0.1%12.4M-269.7M-5.3M2.058.89N/AN/A3,4006,972105,06287,174
2022-08-24$209.02$200.0028.5%8.1%30.9%31.8%28.7%5.0%0.2%11.6M-326.2M-5.3M1.636.21N/AN/A3,5805,844106,34090,685
2022-08-25$210.50$200.0028.0%7.8%30.8%29.9%27.4%4.9%0.4%14.5M-371.7M-5.4M0.637.27N/AN/A4,2152,646107,75093,082
2022-08-26$201.33$200.0031.1%8.7%35.4%40.5%30.4%5.4%-0.2%864.7K-9.8M-5.2M3.3017.24N/AN/A3,63512,003109,22894,651
2022-08-29$202.11$200.0031.8%8.9%35.2%42.9%32.8%5.3%-0.3%191.8K-69.0M-5.1M2.1910.50N/AN/A3,2377,086104,83893,074
2022-08-30$199.35$200.0032.0%8.9%33.9%43.8%31.4%5.3%0.1%-13.0M94.9M-4.9M1.1917.05N/AN/A8,78210,489105,81795,597
2022-08-31$195.55$200.0032.6%9.2%32.3%45.9%30.5%5.3%-0.2%-4.8M123.4M-4.9M1.3710.37N/AN/A5,3377,295112,69597,103