LOW Options History — December 2022

In December 2022, LOW traded between $198.20 and $216.41. ATM implied volatility averaged 31.2%, placing in the 38.4% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 3.3% (HV 20d: 34.5%). Max pain ranged from $200.00 to $210.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.45.

Notable Days

2022-12-06: Highest Volume — 28,047 contracts
2022-12-05: Largest IV spike — 7.2% change
2022-12-06: Highest IV Rank — 52.8%
2022-12-02: Largest Expected Move — 10.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$204.81	$198.20	$216.41	$216.41	$198.97
Max Pain	$200.71	$200.00	$210.00	$205.00	$200.00
ATM IV	31.2%	28.8%	35.2%	32.1%	31.7%
Expected Move	9.0%	8.2%	10.7%	10.6%	9.1%
HV 20d	34.5%	27.9%	45.6%	43.9%	27.9%
HV 60d	37.8%	36.7%	39.5%	38.3%	36.8%
IV Rank	38.4%	29.8%	52.8%	41.6%	40.0%
IV Percentile	27.8%	17.1%	58.3%	33.3%	28.2%
Term Structure	0.3%	-1.3%	2.2%	-0.5%	0.3%
VWIV	32.1%	28.7%	39.3%	39.3%	32.1%
Skew 25d	5.3%	4.7%	6.4%	5.8%	5.4%
Skew 10d	10.7%	8.7%	13.0%	10.8%	11.2%
Call IV 25d	28.9%	26.6%	32.1%	29.6%	29.6%
Put IV 25d	34.2%	31.3%	38.5%	35.4%	35.1%
Bid-Ask Spread %	12.54	9.31	17.17	15.13	9.31
Gamma HHI	0.11	0.07	0.35	0.07	0.12
Net GEX	-6.5M	-53.1M	40.4M	21.3M	-11.8M
Net DEX	-71.0M	-644.7M	205.2M	-644.7M	155.0M
Net VEX	-4.6M	-5.1M	-4.1M	-5.1M	-4.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.45	0.65	3.31	1.89	1.02
Total Volume	11,779.286	4,046	28,047	14,643	13,820
Total OI	238,750.619	204,388	271,578	250,503	217,086

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
2022-12-01	$216.41	$205.00	32.1%	10.6%	43.9%	41.6%	39.3%	5.8%	-0.5%	21.3M	-644.7M	-5.1M	1.89	15.13	N/A	N/A	5,065	9,578	122,501	128,002
2022-12-02	$214.98	$210.00	30.9%	10.7%	41.1%	37.4%	38.9%	5.0%	-0.0%	40.4M	-557.1M	-5.1M	1.68	11.81	N/A	N/A	5,514	9,280	124,225	132,479
2022-12-05	$206.32	$200.00	33.2%	8.9%	44.8%	45.4%	33.9%	5.5%	0.0%	-7.2M	-95.5M	-5.0M	2.01	15.05	N/A	N/A	3,651	7,326	120,649	128,784
2022-12-06	$201.63	$200.00	35.2%	9.8%	44.9%	52.8%	35.2%	6.4%	-0.0%	-15.5M	155.9M	-4.9M	1.79	13.92	N/A	N/A	10,051	17,996	121,953	129,581
2022-12-07	$206.49	$200.00	32.8%	9.0%	45.4%	44.1%	32.9%	5.2%	-0.1%	-4.2M	-138.7M	-5.0M	1.44	11.09	N/A	N/A	9,853	14,234	125,965	134,679
2022-12-08	$203.31	$200.00	32.0%	9.4%	45.6%	41.1%	32.9%	4.8%	0.7%	-19.5M	63.6M	-4.9M	0.95	16.11	N/A	N/A	4,416	4,184	127,678	139,589
2022-12-09	$202.16	$200.00	31.5%	9.2%	33.6%	39.4%	32.2%	4.9%	1.1%	-24.8M	148.9M	-4.8M	1.67	15.17	N/A	N/A	5,722	9,538	129,097	140,151
2022-12-12	$204.53	$200.00	32.4%	9.4%	32.2%	42.5%	33.4%	5.7%	0.2%	-7.8M	-59.6M	-4.7M	1.51	13.64	N/A	N/A	3,749	5,675	124,122	131,304
2022-12-13	$211.70	$200.00	31.1%	8.8%	33.8%	38.0%	31.4%	5.5%	-0.9%	11.1M	-445.4M	-4.7M	1.22	13.95	N/A	N/A	6,619	8,066	125,480	133,029
2022-12-14	$211.38	$200.00	30.0%	8.5%	33.5%	34.0%	28.7%	5.0%	-0.7%	13.6M	-444.7M	-4.6M	1.07	17.17	N/A	N/A	7,246	7,751	127,087	135,325
2022-12-15	$207.88	$200.00	29.9%	8.5%	31.8%	33.7%	30.6%	5.2%	-0.5%	-3.7M	-218.5M	-4.6M	1.70	13.57	N/A	N/A	4,746	8,063	129,051	138,141
2022-12-16	$205.49	$200.00	30.3%	8.4%	30.0%	35.3%	30.6%	5.1%	-1.3%	-53.1M	-52.3M	-4.5M	0.65	13.00	N/A	N/A	5,746	3,733	130,393	141,185
2022-12-19	$202.44	$200.00	30.8%	8.8%	30.2%	36.9%	31.0%	5.4%	1.5%	-7.3M	71.0M	-4.4M	1.38	11.34	N/A	N/A	2,359	3,257	103,926	100,462
2022-12-20	$201.17	$200.00	30.9%	8.8%	30.3%	37.1%	29.9%	5.0%	0.7%	-10.2M	109.6M	-4.3M	1.43	9.79	N/A	N/A	2,709	3,862	104,876	101,758
2022-12-21	$201.53	$200.00	28.8%	8.3%	28.9%	29.8%	29.7%	4.9%	1.4%	-10.6M	95.1M	-4.2M	1.13	10.87	N/A	N/A	2,539	2,870	104,726	102,672
2022-12-22	$198.20	$200.00	30.1%	8.6%	28.8%	34.3%	30.4%	5.1%	0.8%	-15.3M	205.2M	-4.2M	1.20	12.16	N/A	N/A	4,622	5,545	106,359	103,107
2022-12-23	$201.76	$200.00	29.2%	8.2%	29.7%	31.3%	29.7%	4.7%	2.2%	-7.8M	49.6M	-4.3M	0.87	10.35	N/A	N/A	2,169	1,877	109,585	103,860
2022-12-27	$202.70	$200.00	30.3%	8.6%	29.7%	35.2%	30.7%	5.7%	-0.1%	-5.2M	-7.3M	-4.1M	1.43	10.98	N/A	N/A	2,648	3,789	107,295	101,220
2022-12-28	$200.06	$200.00	31.4%	8.8%	29.9%	39.2%	30.7%	5.6%	0.2%	-11.3M	102.2M	-4.1M	1.06	9.45	N/A	N/A	2,848	3,032	108,894	103,368
2022-12-29	$202.00	$200.00	30.7%	8.3%	29.0%	36.7%	30.7%	5.0%	0.4%	-8.4M	16.8M	-4.1M	3.31	9.53	N/A	N/A	2,694	8,923	110,103	104,016
2022-12-30	$198.97	$200.00	31.7%	9.1%	27.9%	40.0%	32.1%	5.4%	0.3%	-11.8M	155.0M	-4.2M	1.02	9.31	N/A	N/A	6,841	6,979	111,375	105,711