LOW Options History — October 2023

In October 2023, LOW traded between $182.99 and $205.63. ATM implied volatility averaged 27.3%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 6.5% (HV 20d: 20.8%). Max pain ranged from $200.00 to $212.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 3.78.

Notable Days

  • 2023-10-18: Highest Volume — 50,588 contracts
  • 2023-10-12: Largest IV spike — 12.0% change
  • 2023-10-26: Highest IV Rank — 64.1%
  • 2023-10-27: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$194.58$182.99$205.63$205.63$190.58
Max Pain$201.59$200.00$212.50$212.50$200.00
ATM IV27.3%22.0%33.7%23.8%31.6%
Expected Move7.6%6.8%8.5%6.8%7.9%
HV 20d20.8%18.3%23.5%21.6%21.5%
HV 60d20.5%19.5%21.9%20.3%21.9%
IV Rank40.4%20.7%64.1%27.5%56.1%
IV Percentile47.8%22.2%85.3%25.8%75.0%
Term Structure0.5%-1.7%3.2%-0.2%-1.0%
VWIV26.3%20.2%29.6%20.2%27.8%
Skew 25d4.3%3.5%5.2%4.1%4.5%
Skew 10d8.1%6.6%9.3%8.5%8.1%
Call IV 25d25.6%21.3%32.0%22.0%29.3%
Put IV 25d30.0%24.7%37.2%26.1%33.8%
Bid-Ask Spread %16.849.8325.8812.1316.34
Gamma HHI0.200.080.620.160.09
Net GEX-33.3M-77.0M-9.2M-33.2M-9.2M
Net DEX429.6M196.2M647.5M310.4M196.2M
Net VEX-2.8M-3.2M-2.5M-3.2M-2.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.780.8812.093.421.36
Total Volume14,865.0455,28250,58811,4365,282
Total OI138,079.455100,246157,786145,812112,523

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$205.63$212.5023.8%6.8%21.6%27.5%20.2%4.1%-0.2%-33.2M310.4M-3.2M3.4212.13N/AN/A2,5898,84760,48085,332
2023-10-03$200.05$212.5026.7%7.7%22.9%38.1%27.9%4.8%-0.5%-36.7M508.1M-3.2M4.539.83N/AN/A4,10118,57061,62187,241
2023-10-04$199.26$210.0024.9%7.1%22.9%31.5%24.7%4.3%-0.3%-38.4M506.2M-3.2M1.6111.28N/AN/A2,5914,16663,61088,041
2023-10-05$200.06$200.0024.5%7.2%21.4%29.9%25.1%4.2%0.2%-37.4M462.8M-3.1M1.4725.88N/AN/A2,7584,06264,66687,320
2023-10-06$200.13$200.0023.6%7.0%21.5%26.7%24.5%3.8%0.2%-55.7M458.1M-3.2M2.4723.19N/AN/A2,4706,09866,23589,383
2023-10-09$200.50$200.0024.4%7.2%21.5%29.7%25.1%4.1%0.8%-38.2M404.3M-3.0M0.8813.21N/AN/A3,4593,03963,73886,807
2023-10-10$202.51$200.0022.4%7.0%22.3%22.1%24.4%3.6%2.0%-36.5M326.4M-3.0M1.8715.57N/AN/A2,7325,11564,91888,416
2023-10-11$203.16$200.0022.0%6.9%22.5%20.7%24.1%3.5%2.1%-34.2M292.0M-3.0M9.6719.75N/AN/A2,82427,30565,91989,831
2023-10-12$197.06$200.0024.7%7.3%23.5%30.5%25.0%4.0%0.8%-46.8M568.3M-2.9M4.8918.89N/AN/A3,06814,99066,76190,724
2023-10-13$195.04$200.0025.2%7.4%18.3%32.7%25.1%4.0%1.1%-42.0M628.3M-2.8M3.9917.56N/AN/A3,39113,53667,86589,921
2023-10-16$198.05$200.0023.8%6.9%19.7%27.5%24.7%3.6%3.2%-48.0M454.7M-2.8M8.7922.72N/AN/A2,61923,01565,71686,615
2023-10-17$197.66$200.0024.1%6.9%19.6%28.5%24.6%3.8%3.2%-34.4M395.1M-2.8M7.0719.25N/AN/A1,81812,85866,64578,863
2023-10-18$193.66$200.0026.7%7.7%20.0%38.0%27.9%4.3%2.4%-37.6M549.3M-2.6M12.0919.98N/AN/A3,86546,72367,35881,006
2023-10-19$189.97$200.0028.7%8.1%20.1%45.6%28.3%4.6%2.7%-43.1M647.5M-2.5M3.5617.74N/AN/A3,05310,86968,44881,230
2023-10-20$190.36$200.0029.2%8.1%20.2%47.2%28.0%4.3%3.1%-77.0M613.3M-2.5M1.2021.51N/AN/A5,7986,96469,10180,904
2023-10-23$188.65$200.0030.9%8.2%19.6%53.6%27.9%5.1%-1.1%-15.3M376.0M-2.5M1.0413.35N/AN/A5,1255,34546,79053,456
2023-10-24$186.03$200.0031.7%8.0%19.4%56.6%26.6%5.2%-1.3%-15.3M405.9M-2.5M0.9715.09N/AN/A5,0134,85150,19555,634
2023-10-25$186.09$200.0032.9%8.2%19.4%60.9%28.9%4.5%-1.4%-13.4M338.3M-2.5M8.2816.11N/AN/A2,53120,96952,75454,091
2023-10-26$185.04$200.0033.7%8.5%19.0%64.1%29.6%4.8%-1.6%-14.2M351.0M-2.6M1.1014.76N/AN/A3,1163,42953,97458,769
2023-10-27$182.99$200.0033.4%8.5%18.9%62.7%28.8%5.2%-1.7%-14.8M402.1M-2.5M1.7511.74N/AN/A4,3587,62654,97959,869
2023-10-30$188.26$200.0032.3%8.2%22.5%58.6%28.4%5.1%-1.0%-11.4M257.3M-2.6M1.1014.59N/AN/A2,9063,18751,56358,436
2023-10-31$190.58$200.0031.6%7.9%21.5%56.1%27.8%4.5%-1.0%-9.2M196.2M-2.7M1.3616.34N/AN/A2,2383,04452,83159,692