LOW Options History — September 2022

In September 2022, LOW traded between $187.10 and $206.18. ATM implied volatility averaged 33.2%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 0.6% (HV 20d: 33.8%). Max pain ranged from $195.00 to $200.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.29.

Notable Days

  • 2022-09-16: Highest Volume — 35,350 contracts
  • 2022-09-13: Largest IV spike — 10.5% change
  • 2022-09-26: Highest IV Rank — 62.6%
  • 2022-09-27: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$193.75$187.10$206.18$194.70$188.67
Max Pain$198.93$195.00$200.00$200.00$195.00
ATM IV33.2%27.8%37.8%32.0%36.1%
Expected Move9.6%7.9%11.2%8.9%10.7%
HV 20d33.8%29.6%37.1%32.2%35.7%
HV 60d30.8%29.5%31.9%31.3%30.8%
IV Rank47.0%29.0%62.6%43.9%55.7%
IV Percentile62.0%33.7%86.9%55.2%79.4%
Term Structure-0.1%-0.9%0.7%0.0%0.1%
VWIV34.7%29.4%41.1%30.0%37.5%
Skew 25d6.0%4.5%7.5%5.4%6.9%
Skew 10d12.2%8.8%15.1%12.4%14.1%
Call IV 25d30.7%25.8%34.8%29.9%33.8%
Put IV 25d36.7%30.4%42.3%35.2%40.7%
Bid-Ask Spread %15.395.2922.9417.795.29
Gamma HHI0.140.080.350.090.35
Net GEX-3.2M-52.3M26.6M-5.2M-52.3M
Net DEX118.9M-402.8M397.2M160.6M397.2M
Net VEX-4.6M-5.0M-4.3M-4.8M-4.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.673.500.941.54
Total Volume13,189.0956,03835,35011,32018,496
Total OI217,229.429201,631235,897211,324235,897

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$194.70$200.0032.0%8.9%32.2%43.9%30.0%5.4%0.0%-5.2M160.6M-4.8M0.9417.79N/AN/A5,8225,498113,55997,765
2022-09-02$194.84$200.0030.9%8.5%32.1%40.1%31.3%5.5%0.1%-26.0M170.0M-4.8M3.508.75N/AN/A3,08310,789115,884101,223
2022-09-06$193.02$200.0032.0%9.2%31.6%43.9%35.6%5.7%-0.0%-5.0M177.0M-4.7M0.8322.94N/AN/A5,6044,631111,14598,647
2022-09-07$201.39$200.0030.4%8.8%32.5%37.9%33.9%5.4%0.1%13.4M-179.8M-4.9M1.1317.98N/AN/A9,94311,266112,51499,683
2022-09-08$203.50$200.0028.6%8.6%30.1%31.8%30.2%5.0%0.1%23.0M-277.7M-4.9M1.0713.57N/AN/A4,2344,542114,300103,290
2022-09-09$206.12$200.0027.8%7.9%30.4%29.0%29.4%4.6%0.1%26.6M-402.8M-5.0M1.069.99N/AN/A3,1833,382115,680103,935
2022-09-12$206.18$200.0028.7%8.1%29.6%32.2%31.1%4.5%-0.4%25.6M-380.1M-4.8M1.4712.56N/AN/A2,8544,192113,05899,234
2022-09-13$193.12$200.0031.7%9.3%37.1%42.6%32.8%5.0%0.7%-3.9M178.0M-4.5M1.7019.56N/AN/A5,5079,384113,564101,204
2022-09-14$191.87$200.0032.7%9.6%35.0%45.9%32.4%4.9%0.7%-4.9M213.7M-4.3M0.7118.71N/AN/A9,1286,466115,295101,244
2022-09-15$191.43$200.0032.5%9.5%34.9%45.1%32.7%6.3%0.7%-11.8M266.2M-4.4M0.9821.19N/AN/A7,3107,147117,854102,500
2022-09-16$191.38$200.0033.8%9.8%34.7%49.2%33.0%5.5%0.4%-10.6M232.3M-4.4M1.0517.06N/AN/A17,22718,123118,839103,091
2022-09-19$195.08$200.0032.9%9.4%35.3%45.5%38.0%6.5%-0.4%9.9M17.3M-4.7M1.2012.33N/AN/A5,1186,159110,90890,723
2022-09-20$190.94$200.0034.8%10.0%35.8%52.1%34.2%6.6%-0.7%-1.5M189.9M-4.6M0.8413.45N/AN/A4,1163,465114,44295,715
2022-09-21$188.76$200.0034.1%9.8%35.8%49.8%36.1%6.3%-0.9%-7.4M276.7M-4.5M1.7222.12N/AN/A2,2183,820116,73096,613
2022-09-22$189.72$200.0033.8%9.7%35.7%48.5%34.0%6.6%-0.0%-10.9M271.8M-4.4M0.9713.58N/AN/A4,4174,298118,07498,325
2022-09-23$188.22$197.5035.8%10.3%35.5%55.5%37.0%6.6%-0.7%-5.9M329.2M-4.5M2.1517.41N/AN/A3,5467,639121,08399,915
2022-09-26$187.10$197.5037.8%10.9%32.4%62.6%39.3%7.2%-0.4%-10.7M334.6M-4.4M1.239.78N/AN/A4,4905,518117,72197,482
2022-09-27$187.61$197.5037.3%11.2%32.3%60.2%39.2%7.5%-0.3%-11.8M324.3M-4.4M0.9917.76N/AN/A6,5846,545119,36499,335
2022-09-28$194.85$195.0035.8%10.4%35.3%54.9%39.1%7.0%-0.2%17.4M-33.4M-4.8M0.6716.49N/AN/A9,7816,555121,953102,315
2022-09-29$190.29$195.0037.3%11.1%35.6%60.0%41.1%7.4%0.0%-15.9M232.2M-4.6M1.2214.90N/AN/A6,6968,195126,782104,933
2022-09-30$188.67$195.0036.1%10.7%35.7%55.7%37.5%6.9%0.1%-52.3M397.2M-4.4M1.545.29N/AN/A7,28611,210128,365107,532