LOW Options History — July 2024

In July 2024, LOW traded between $213.33 and $247.13. ATM implied volatility averaged 24.6%, placing in the 47.5% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 3.8% (HV 20d: 28.4%). Max pain ranged from $220.00 to $230.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2024-07-17: Highest Volume — 17,192 contracts
  • 2024-07-17: Largest IV spike — 9.5% change
  • 2024-07-30: Highest IV Rank — 82.0%
  • 2024-07-30: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$230.92$213.33$247.13$214.06$247.13
Max Pain$225.91$220.00$230.00$220.00$230.00
ATM IV24.6%20.1%30.6%21.9%29.5%
Expected Move6.8%5.7%8.2%5.7%7.6%
HV 20d28.4%25.5%31.8%26.2%26.5%
HV 60d22.7%20.1%24.8%20.9%24.8%
IV Rank47.5%21.5%82.0%31.8%75.4%
IV Percentile65.4%38.1%96.4%53.2%91.7%
Term Structure0.3%-3.4%3.6%-3.4%-1.7%
VWIV24.0%20.1%28.3%20.1%26.6%
Skew 25d1.6%0.9%2.5%0.9%2.2%
Skew 10d2.4%-4.1%6.0%2.0%1.9%
Call IV 25d24.0%19.9%29.9%21.1%29.0%
Put IV 25d25.7%21.6%31.8%22.0%31.2%
Bid-Ask Spread %59.1740.5276.1159.9071.37
Gamma HHI0.110.080.150.120.12
Net GEX11.1M-12.5M28.5M-7.3M28.5M
Net DEX-230.4M-585.9M183.8M165.3M-560.6M
Net VEX-3.9M-4.1M-3.6M-3.6M-4.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.131.771.300.30
Total Volume7,5982,85317,19210,34410,476
Total OI117,104109,123129,323110,051116,320

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$214.06$220.0021.9%5.7%26.2%31.8%20.1%0.9%-3.4%-7.3M165.3M-3.6M1.3059.90N/AN/A4,4975,84753,81056,241
2024-07-02$213.33$220.0020.1%5.7%25.8%21.5%20.6%1.6%0.8%-11.1M183.8M-3.6M1.3758.98N/AN/A2,0112,75656,36759,883
2024-07-03$213.50$220.0020.2%5.8%25.8%21.8%20.1%1.8%0.2%-12.5M176.2M-3.7M0.8658.82N/AN/A1,5311,32257,06661,017
2024-07-05$214.39$220.0020.4%6.3%25.5%22.9%21.2%1.8%0.4%-3.3M149.5M-3.6M1.7666.99N/AN/A2,2343,92857,32160,978
2024-07-08$217.00$220.0021.4%6.3%25.9%29.0%22.0%2.3%0.3%-3.3M78.0M-3.7M0.2957.50N/AN/A4,3211,25054,52659,214
2024-07-09$216.63$220.0021.5%6.3%25.8%29.5%23.5%1.8%0.3%-3.3M82.5M-3.7M0.4149.18N/AN/A2,30993956,70659,718
2024-07-10$219.89$220.0021.2%6.5%26.3%27.8%22.8%1.0%1.3%7.9M-25.9M-3.7M0.5348.95N/AN/A3,6881,93759,06560,061
2024-07-11$229.01$220.0020.8%6.2%29.9%25.6%22.5%1.7%1.3%23.4M-332.4M-3.8M0.3951.61N/AN/A7,8853,06460,45660,647
2024-07-12$234.86$220.0021.1%6.3%29.4%26.8%21.9%1.6%1.6%25.6M-457.0M-3.9M1.0755.97N/AN/A8,2938,84059,65961,199
2024-07-15$232.00$230.0022.3%6.5%29.7%33.8%23.1%1.5%3.5%12.7M-283.3M-3.9M0.9652.58N/AN/A1,9521,87057,91461,877
2024-07-16$240.46$230.0022.1%6.4%31.1%33.1%22.6%1.1%3.3%23.8M-523.1M-3.9M0.3750.52N/AN/A4,4271,62158,37562,615
2024-07-17$242.87$230.0024.3%7.0%30.7%45.3%24.2%1.0%2.9%25.2M-585.9M-4.0M0.2261.99N/AN/A14,1433,04959,80263,134
2024-07-18$238.90$230.0024.6%6.8%31.5%47.2%24.2%1.1%3.6%21.7M-474.0M-4.1M0.2757.15N/AN/A7,5702,04062,67765,417
2024-07-19$238.47$230.0025.3%6.9%31.4%51.2%24.1%1.3%2.9%16.5M-454.4M-4.1M1.7776.11N/AN/A2,9265,18063,83265,491
2024-07-22$240.44$230.0027.0%6.9%31.5%61.2%24.8%1.5%-0.9%15.8M-355.0M-4.0M0.1365.58N/AN/A10,0621,33252,34556,778
2024-07-23$237.91$230.0027.6%6.8%31.8%64.4%24.3%1.7%-1.1%15.6M-298.8M-4.0M0.3469.14N/AN/A4,5101,51254,71557,287
2024-07-24$231.89$230.0029.7%7.6%28.0%76.7%26.5%1.7%-2.6%1.6M-164.5M-4.1M0.9971.64N/AN/A2,7052,66954,34458,309
2024-07-25$236.34$230.0030.3%8.0%28.5%80.5%28.0%2.1%-2.0%12.7M-279.9M-4.1M0.5661.35N/AN/A2,0521,15454,75258,811
2024-07-26$239.27$230.0029.9%7.8%28.7%77.8%27.3%1.8%-1.5%20.4M-348.4M-4.1M1.7066.06N/AN/A2,8004,76654,90459,077
2024-07-29$240.16$230.0030.2%7.9%28.6%79.5%28.2%1.9%-2.1%15.2M-355.2M-4.1M0.4540.52N/AN/A3,3211,48552,77957,764
2024-07-30$241.77$230.0030.6%8.2%26.2%82.0%28.3%2.5%-1.2%18.7M-405.7M-4.1M0.2849.86N/AN/A5,3641,51854,38658,649
2024-07-31$247.13$230.0029.5%7.6%26.5%75.4%26.6%2.2%-1.7%28.5M-560.6M-4.1M0.3071.37N/AN/A8,0352,44156,78059,540