LOW Options History — January 2024

In January 2024, LOW traded between $210.77 and $220.13. ATM implied volatility averaged 21.6%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 0.6% (HV 20d: 21.0%). Max pain ranged from $210.00 to $220.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.94.

Notable Days

  • 2024-01-23: Highest Volume — 11,348 contracts
  • 2024-01-29: Largest IV spike — 11.1% change
  • 2024-01-31: Highest IV Rank — 54.1%
  • 2024-01-31: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$215.81$210.77$220.13$218.68$212.95
Max Pain$219.05$210.00$220.00$210.00$220.00
ATM IV21.6%19.0%27.2%20.2%27.2%
Expected Move6.0%5.5%6.8%5.6%6.8%
HV 20d21.0%15.7%26.3%24.2%19.6%
HV 60d24.1%23.3%25.4%24.4%23.6%
IV Rank26.2%12.9%54.1%19.2%54.1%
IV Percentile33.3%10.3%63.5%25.0%63.5%
Term Structure0.8%-1.2%3.3%0.1%-0.5%
VWIV21.0%19.9%23.5%19.9%23.5%
Skew 25d2.4%1.8%3.1%2.2%2.6%
Skew 10d5.2%1.2%7.7%5.2%5.4%
Call IV 25d20.7%18.3%26.1%19.8%26.1%
Put IV 25d23.1%20.4%28.7%22.0%28.7%
Bid-Ask Spread %29.2810.9266.0050.4566.00
Gamma HHI0.190.070.660.100.07
Net GEX-1.8M-94.2M85.9M6.9M-1.8M
Net DEX-70.5M-224.3M99.6M-169.2M6.4M
Net VEX-3.2M-3.6M-2.9M-2.9M-3.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.332.030.840.50
Total Volume7,566.2865,21311,3488,8706,417
Total OI111,377.1984,484129,080109,948105,423

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$218.68$210.0020.2%5.6%24.2%19.2%19.9%2.2%0.1%6.9M-169.2M-2.9M0.8450.45N/AN/A4,8144,05652,24357,705
2024-01-03$212.81$210.0020.8%5.8%25.9%22.2%19.9%2.7%0.2%-8.8M-2.5M-2.9M0.6547.46N/AN/A6,1233,99353,27360,005
2024-01-04$212.02$220.0021.3%6.1%25.8%24.3%21.1%2.5%-0.1%-8.9M1.7M-2.9M0.6428.91N/AN/A3,9362,52855,54160,021
2024-01-05$212.61$220.0020.2%6.1%25.3%19.2%20.8%2.5%0.2%-94.2M-22.8M-2.9M1.0215.02N/AN/A2,5862,62757,61760,615
2024-01-08$216.98$220.0020.3%5.7%26.1%19.3%20.4%2.4%-0.1%7.7M-148.4M-3.0M1.1431.51N/AN/A3,2333,68554,00260,607
2024-01-09$216.73$220.0020.0%5.7%26.2%18.0%21.4%1.9%-0.2%7.4M-131.1M-3.0M1.1212.44N/AN/A2,5042,81654,80161,779
2024-01-10$219.82$220.0019.9%5.8%26.3%17.7%20.5%2.1%0.2%13.0M-224.3M-3.1M2.0327.99N/AN/A3,0976,28655,62763,059
2024-01-11$219.95$220.0019.3%5.6%26.2%14.3%20.0%1.8%0.5%10.4M-204.6M-3.2M1.1624.18N/AN/A3,1043,59956,65667,750
2024-01-12$219.19$220.0019.0%5.5%23.8%12.9%19.9%2.1%0.5%5.9M-163.9M-3.2M1.5329.99N/AN/A2,7454,20657,43469,391
2024-01-16$219.62$220.0020.3%5.8%15.9%19.3%20.3%2.2%1.2%6.4M-172.2M-3.1M1.2629.31N/AN/A2,6123,29656,07267,587
2024-01-17$217.82$220.0021.0%6.0%16.0%23.0%21.2%2.9%1.3%649.3K-111.8M-3.2M0.5920.00N/AN/A4,7662,80656,73468,911
2024-01-18$218.31$220.0020.8%5.9%16.0%21.8%20.7%3.0%-0.0%6.2M-126.8M-3.2M0.5520.06N/AN/A3,4371,89358,07069,807
2024-01-19$220.13$220.0020.7%5.9%16.2%21.7%20.6%2.0%0.5%85.9M-215.5M-3.3M0.8518.62N/AN/A5,3314,53059,19269,888
2024-01-22$219.91$220.0021.8%6.0%15.7%26.9%21.1%2.5%3.0%5.4M-98.9M-3.2M0.5825.74N/AN/A4,7102,73236,80047,684
2024-01-23$214.31$220.0021.1%6.0%18.0%23.4%20.4%2.7%3.3%-8.5M6.9M-3.3M1.1910.92N/AN/A5,1796,16938,97049,470
2024-01-24$211.39$220.0022.4%6.1%18.5%29.9%21.1%3.1%2.3%-20.4M99.6M-3.4M0.7864.67N/AN/A3,1582,47440,56854,533
2024-01-25$211.62$220.0022.7%6.1%18.5%31.8%21.7%2.5%3.3%-19.9M84.8M-3.4M0.6125.90N/AN/A5,9253,64341,87655,356
2024-01-26$211.13$220.0023.3%6.1%18.5%34.5%21.2%2.2%3.0%-21.5M74.4M-3.5M1.3626.13N/AN/A4,5636,22145,13856,949
2024-01-29$210.77$220.0025.9%6.4%18.4%47.5%22.4%2.9%-1.2%-9.7M76.4M-3.5M0.9018.22N/AN/A2,8112,53342,10957,373
2024-01-30$215.21$220.0026.3%6.5%20.2%49.8%22.6%2.5%-1.0%-591.7K-39.6M-3.6M0.3321.28N/AN/A5,8191,92943,40058,885
2024-01-31$212.95$220.0027.2%6.8%19.6%54.1%23.5%2.6%-0.5%-1.8M6.4M-3.6M0.5066.00N/AN/A4,2842,13345,90459,519