LOW Options History — November 2022

In November 2022, LOW traded between $180.35 and $215.25. ATM implied volatility averaged 37.8%, placing in the 61.7% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded below realized volatility by 6.6% (HV 20d: 44.4%). Max pain ranged from $190.00 to $205.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.26.

Notable Days

  • 2022-11-16: Highest Volume — 71,521 contracts
  • 2022-11-16: Largest IV drop — 17.0% change
  • 2022-11-14: Highest IV Rank — 82.0%
  • 2022-11-02: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$202.03$180.35$215.25$193.72$211.77
Max Pain$195.00$190.00$205.00$190.00$205.00
ATM IV37.8%32.6%43.4%39.1%32.6%
Expected Move11.2%9.8%13.3%13.1%10.4%
HV 20d44.4%34.1%50.7%34.1%46.0%
HV 60d37.3%33.7%39.8%34.0%39.0%
IV Rank61.7%43.3%82.0%66.7%43.3%
IV Percentile71.2%35.7%96.8%87.3%35.7%
Term Structure-0.5%-1.5%1.0%-0.1%-0.5%
VWIV40.3%34.2%48.0%46.4%38.0%
Skew 25d6.0%5.3%6.9%6.9%6.0%
Skew 10d11.6%9.7%13.7%13.7%13.2%
Call IV 25d35.1%29.6%40.9%36.4%29.6%
Put IV 25d41.0%35.6%47.0%43.3%35.6%
Bid-Ask Spread %19.568.9129.7022.0213.90
Gamma HHI0.080.060.190.060.07
Net GEX4.1M-13.2M28.7M2.1M6.0M
Net DEX-181.6M-708.3M421.9M5.4M-377.1M
Net VEX-4.8M-5.2M-4.0M-4.5M-5.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.662.261.471.54
Total Volume22,049.7624,72571,52111,35212,340
Total OI219,202.571189,983256,248189,983247,512

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$193.72$190.0039.1%13.1%34.1%66.7%46.4%6.9%-0.1%2.1M5.4M-4.5M1.4722.02N/AN/A4,5966,756102,42687,557
2022-11-02$187.13$190.0041.0%13.3%35.8%73.3%48.0%5.9%-0.5%-6.5M205.5M-4.2M1.6218.26N/AN/A4,1656,733103,65689,848
2022-11-03$180.35$190.0041.3%11.8%37.6%74.3%40.8%6.0%-0.3%-13.2M421.9M-4.0M1.2024.91N/AN/A6,3947,703104,89892,141
2022-11-04$181.52$190.0041.6%11.9%37.3%75.5%42.2%6.2%-0.3%-9.9M387.6M-4.1M0.8725.50N/AN/A7,2236,297107,66993,812
2022-11-07$187.38$190.0041.8%11.8%39.4%76.3%43.4%6.3%-0.6%-5.8M195.0M-4.2M1.0720.30N/AN/A8,1098,674105,53693,128
2022-11-08$189.33$190.0041.0%11.6%39.6%73.4%42.9%6.9%-0.4%-4.2M152.6M-4.3M0.8414.77N/AN/A6,2525,280105,21894,103
2022-11-09$187.06$190.0043.1%12.2%39.7%80.9%42.4%6.6%-0.8%-6.9M221.6M-4.2M0.8916.82N/AN/A7,8436,962104,75294,828
2022-11-10$204.03$190.0039.4%11.5%50.7%67.7%43.4%6.0%1.0%10.7M-362.7M-4.6M1.3727.63N/AN/A9,70813,339107,85796,993
2022-11-11$209.84$190.0039.2%11.3%50.4%67.0%41.5%5.9%0.2%11.8M-562.5M-4.8M2.2627.79N/AN/A7,88917,863110,620101,168
2022-11-14$205.68$190.0043.4%12.3%50.5%82.0%44.9%6.1%-1.1%6.7M-328.8M-4.8M1.5829.70N/AN/A8,63313,630103,96897,071
2022-11-15$208.42$190.0041.8%11.9%50.4%76.2%44.1%5.7%-1.5%8.2M-413.7M-4.9M1.7619.89N/AN/A22,21839,025106,081102,603
2022-11-16$215.25$195.0034.7%10.0%47.2%50.9%37.4%5.4%0.3%28.7M-708.3M-5.2M0.8225.62N/AN/A39,34932,172118,911124,180
2022-11-17$208.36$195.0035.7%10.3%47.7%54.4%36.0%5.5%-0.6%-498.9K-325.0M-5.2M0.8421.62N/AN/A19,61716,531122,779131,440
2022-11-18$209.80$195.0034.8%10.0%47.4%51.3%36.9%5.4%-0.5%27.1M-419.5M-5.1M1.3322.45N/AN/A9,17712,201124,601131,647
2022-11-21$209.81$200.0034.8%10.2%46.6%51.1%36.9%5.5%-0.8%4.0M-290.6M-5.1M1.0714.35N/AN/A8,4989,130107,105108,741
2022-11-22$214.63$200.0033.0%9.8%46.0%44.7%34.9%5.5%-0.8%13.9M-499.3M-5.0M1.0310.14N/AN/A14,15514,586111,107113,678
2022-11-23$210.79$200.0033.1%9.9%46.6%45.2%34.2%5.6%-0.8%4.6M-327.3M-5.2M0.6914.66N/AN/A10,4017,206116,463119,839
2022-11-25$211.08$205.0033.1%9.9%46.6%45.2%35.6%5.3%-1.0%13.1M-350.0M-5.2M0.6615.16N/AN/A2,8401,885120,570121,708
2022-11-28$209.25$205.0033.4%10.5%46.1%46.3%38.6%6.3%-0.4%927.4K-266.5M-5.1M1.668.91N/AN/A4,9768,249116,216118,967
2022-11-29$207.45$205.0034.8%10.9%45.8%51.1%38.6%6.1%-0.4%-5.2M-170.9M-5.1M1.8916.38N/AN/A4,9929,448118,505123,352
2022-11-30$211.77$205.0032.6%10.4%46.0%43.3%38.0%6.0%-0.5%6.0M-377.1M-5.1M1.5413.90N/AN/A4,8647,476120,622126,890