LOW Options History — April 2024

In April 2024, LOW traded between $228.53 and $249.09. ATM implied volatility averaged 24.7%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 2.6% (HV 20d: 22.0%). Max pain ranged from $230.00 to $250.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.86.

Notable Days

  • 2024-04-17: Highest Volume — 18,015 contracts
  • 2024-04-12: Largest IV spike — 8.8% change
  • 2024-04-25: Highest IV Rank — 69.1%
  • 2024-04-15: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$234.73$228.53$249.09$249.09$228.53
Max Pain$240.23$230.00$250.00$240.00$232.50
ATM IV24.7%20.0%28.4%20.0%27.8%
Expected Move6.8%5.6%7.4%5.6%7.3%
HV 20d22.0%16.6%26.1%22.2%16.6%
HV 60d21.6%20.5%22.5%20.8%20.6%
IV Rank47.6%20.9%69.1%20.9%65.9%
IV Percentile61.2%29.8%81.3%29.8%79.0%
Term Structure0.5%-1.6%4.3%-0.1%-1.1%
VWIV23.8%19.9%26.1%19.9%25.4%
Skew 25d2.4%1.1%3.7%2.3%1.1%
Skew 10d5.3%3.1%7.8%6.0%6.0%
Call IV 25d23.8%19.2%28.1%19.2%28.1%
Put IV 25d26.2%21.3%30.4%21.5%29.2%
Bid-Ask Spread %43.6118.9667.2244.3449.04
Gamma HHI0.130.080.420.120.09
Net GEX-4.3M-43.0M16.6M7.0M-10.3M
Net DEX-90.7M-482.4M106.3M-482.4M4.6M
Net VEX-4.3M-4.4M-4.0M-4.0M-4.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.860.448.341.068.34
Total Volume8,093.2734,40818,0158,68514,213
Total OI128,003.773110,640138,810124,133117,955

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$249.09$240.0020.0%5.6%22.2%20.9%19.9%2.3%-0.1%7.0M-482.4M-4.0M1.0644.34N/AN/A4,2234,46255,22968,904
2024-04-02$244.41$240.0021.0%5.9%23.1%26.2%21.2%1.1%0.0%-3.6M-301.2M-4.3M1.0850.37N/AN/A3,6653,94557,02471,238
2024-04-03$241.31$240.0021.6%6.0%23.4%29.7%21.4%2.9%0.0%-6.9M-187.7M-4.3M2.5518.96N/AN/A3,0277,73057,71572,046
2024-04-04$238.53$250.0022.7%6.6%23.7%36.1%23.3%2.2%-0.5%-5.8M-123.1M-4.3M0.6363.64N/AN/A4,6042,90458,65273,897
2024-04-05$239.31$250.0022.3%6.5%23.7%33.9%22.6%1.8%0.0%-2.2M-148.7M-4.3M0.9455.45N/AN/A2,8082,63359,46774,481
2024-04-08$242.40$250.0022.2%6.6%24.2%33.3%23.5%1.3%1.2%3.1M-296.9M-4.3M1.3641.64N/AN/A3,6104,91156,46972,029
2024-04-09$243.84$250.0022.1%6.8%24.2%32.8%23.5%2.1%1.6%5.7M-334.3M-4.4M1.2255.43N/AN/A2,2962,79758,29675,851
2024-04-10$236.94$250.0022.3%6.7%26.1%33.9%24.1%2.5%0.7%-11.8M-86.3M-4.4M0.5954.26N/AN/A4,1182,43958,94277,390
2024-04-11$236.13$250.0023.0%6.7%25.0%37.8%23.9%2.5%0.4%-15.7M-65.6M-4.3M1.1667.22N/AN/A3,9854,61559,63877,584
2024-04-12$231.79$250.0025.0%7.2%25.2%49.5%25.5%2.3%0.6%-43.0M106.3M-4.3M3.6761.85N/AN/A2,5369,31760,20978,057
2024-04-15$229.88$240.0025.8%7.4%25.2%54.0%26.1%2.4%2.3%-8.9M81.5M-4.3M0.4754.89N/AN/A4,5882,17758,52376,665
2024-04-16$228.95$240.0025.5%7.3%25.2%52.3%25.8%2.5%3.3%-6.5M82.0M-4.3M1.1151.89N/AN/A2,9893,31961,30176,854
2024-04-17$229.53$240.0025.3%7.3%24.2%51.4%24.6%2.8%3.7%-4.7M66.3M-4.3M3.5356.24N/AN/A3,97814,03761,76177,032
2024-04-18$229.05$240.0025.6%7.1%23.1%52.8%24.2%2.6%4.3%-4.0M54.8M-4.3M0.7735.12N/AN/A5,4344,16362,53576,074
2024-04-19$229.57$240.0025.6%7.1%17.8%52.8%24.5%2.7%1.6%16.6M17.8M-4.2M1.7627.37N/AN/A2,9575,19863,59775,213
2024-04-22$231.13$230.0027.3%6.9%18.4%63.0%23.8%3.5%-1.3%-1.4M-49.2M-4.2M0.4427.11N/AN/A3,5961,57047,70362,937
2024-04-23$233.83$230.0027.0%6.7%18.9%61.3%24.1%2.2%-1.2%3.9M-144.9M-4.3M0.8854.69N/AN/A2,5292,23049,31663,420
2024-04-24$229.85$230.0027.3%6.9%19.3%63.1%24.2%3.6%0.0%-2.7M-49.0M-4.3M3.7720.92N/AN/A1,3845,22250,07964,235
2024-04-25$229.99$230.0028.4%7.0%19.1%69.1%24.5%3.7%-1.3%-1.4M-48.9M-4.3M0.7721.22N/AN/A2,4871,92150,59165,720
2024-04-26$230.03$230.0027.5%6.8%18.7%64.0%23.5%2.9%-1.6%3.1M-45.2M-4.3M2.1324.65N/AN/A2,4865,28750,77366,460
2024-04-29$229.99$232.5027.6%7.1%17.5%64.5%24.6%1.8%-1.0%-4.7M-44.4M-4.2M2.7223.20N/AN/A1,5234,13949,19465,027
2024-04-30$228.53$232.5027.8%7.3%16.6%65.9%25.4%1.1%-1.1%-10.3M4.6M-4.2M8.3449.04N/AN/A1,52212,69149,67068,285