LOW Options History — August 2024

In August 2024, LOW traded between $231.38 and $250.91. ATM implied volatility averaged 27.6%, placing in the 49.8% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 2.2% (HV 20d: 29.9%). Max pain ranged from $230.00 to $240.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.52.

Notable Days

  • 2024-08-20: Highest Volume — 37,449 contracts
  • 2024-08-05: Largest IV spike — 21.1% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$241.30$231.38$250.91$240.57$248.56
Max Pain$231.25$230.00$240.00$230.00$240.00
ATM IV27.6%19.3%40.0%31.2%19.3%
Expected Move7.6%5.7%10.3%8.5%5.7%
HV 20d29.9%27.3%34.7%29.1%28.0%
HV 60d27.0%25.4%27.9%25.4%27.5%
IV Rank49.8%12.1%100.0%85.2%12.1%
IV Percentile71.1%21.0%100.0%96.8%21.0%
Term Structure-0.8%-2.6%1.0%-1.1%-1.2%
VWIV27.0%19.2%36.9%30.6%19.2%
Skew 25d3.6%2.1%7.3%2.5%2.4%
Skew 10d7.6%3.6%14.1%9.5%5.1%
Call IV 25d25.8%18.5%34.9%30.2%18.5%
Put IV 25d29.4%20.9%41.4%32.7%20.9%
Bid-Ask Spread %58.0935.7273.7173.7159.00
Gamma HHI0.110.080.140.100.13
Net GEX15.2M757.7K24.9M19.2M23.3M
Net DEX-346.6M-632.9M-103.2M-373.1M-478.9M
Net VEX-4.1M-4.4M-3.8M-4.2M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.342.961.572.03
Total Volume11,248.4092,82237,4497,78512,603
Total OI125,104.591109,892139,729118,849129,219

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$240.57$230.0031.2%8.5%29.1%85.2%30.6%2.5%-1.1%19.2M-373.1M-4.2M1.5773.71N/AN/A3,0254,76057,75061,099
2024-08-02$239.42$230.0033.0%9.7%29.3%95.8%35.9%3.0%-0.1%16.5M-337.9M-4.4M1.8370.96N/AN/A3,5536,48859,24060,219
2024-08-05$236.51$230.0040.0%10.3%29.9%100.0%36.9%6.5%-2.2%9.1M-252.0M-4.4M1.8966.59N/AN/A1,6523,11855,96958,989
2024-08-06$242.11$230.0034.9%9.3%30.5%78.6%33.0%4.5%-2.6%17.2M-397.3M-4.3M1.0863.41N/AN/A2,2962,47856,23560,047
2024-08-07$232.03$230.0037.2%9.8%34.7%88.3%32.9%7.3%-2.2%2.9M-138.8M-4.3M1.6465.90N/AN/A3,0965,07357,00661,348
2024-08-08$235.95$230.0035.2%9.1%32.2%79.7%32.6%5.1%1.0%8.3M-228.6M-4.2M0.6661.35N/AN/A5,1913,42357,45963,659
2024-08-09$236.53$230.0033.5%8.6%31.0%72.7%31.1%4.1%-1.4%13.2M-241.2M-4.2M2.9665.01N/AN/A2,9818,83858,21164,923
2024-08-12$231.38$230.0034.5%9.3%31.7%76.8%30.9%4.0%-1.4%757.7K-103.2M-4.1M0.9264.47N/AN/A5,5205,07356,48463,256
2024-08-13$236.25$230.0031.8%8.4%29.8%65.2%30.0%2.1%-1.9%9.8M-247.1M-4.1M2.8368.04N/AN/A2,2226,28758,87766,371
2024-08-14$237.57$230.0028.3%8.2%29.6%50.4%28.7%3.5%-0.6%13.6M-288.6M-4.1M0.3469.70N/AN/A10,1753,46259,44567,473
2024-08-15$239.93$230.0028.0%7.6%29.3%49.2%27.6%5.7%-2.2%24.6M-360.9M-4.0M0.6653.10N/AN/A4,0032,62460,86167,989
2024-08-16$241.35$230.0027.5%7.6%29.4%47.0%26.6%2.7%-1.2%23.1M-406.2M-4.0M0.9659.95N/AN/A4,1523,98560,35367,931
2024-08-19$243.24$230.0025.8%7.4%29.4%40.0%25.9%3.2%-1.1%16.3M-372.6M-3.9M1.3168.95N/AN/A13,11317,21653,20256,690
2024-08-20$240.15$230.0021.8%6.2%29.5%22.8%21.7%2.8%-0.0%11.5M-261.5M-3.9M1.2349.62N/AN/A16,78920,66062,30769,640
2024-08-21$241.99$230.0021.4%6.1%27.9%21.3%22.6%2.6%0.3%15.5M-315.1M-4.0M1.7455.10N/AN/A3,5046,11064,71072,229
2024-08-22$240.69$230.0022.3%6.4%27.3%24.9%24.0%2.9%-0.2%9.6M-258.7M-4.0M2.1343.18N/AN/A3,5867,65564,17273,196
2024-08-23$250.27$230.0020.5%5.8%30.2%17.3%20.6%2.3%0.5%14.3M-632.9M-3.9M1.5453.79N/AN/A9,22414,20464,41775,312
2024-08-26$250.91$232.5021.1%6.0%30.2%19.8%21.1%2.3%0.2%24.9M-561.0M-3.9M0.9037.77N/AN/A3,5863,21657,35467,232
2024-08-27$247.79$235.0020.3%5.8%30.6%16.4%20.6%2.8%-0.1%19.9M-455.0M-3.9M1.8938.43N/AN/A1,8593,52257,79668,449
2024-08-28$248.69$235.0020.1%6.0%29.7%15.7%20.7%2.8%0.4%21.2M-484.0M-3.9M1.9754.31N/AN/A9491,87358,10169,300
2024-08-29$246.78$235.0020.4%5.9%28.1%16.8%20.8%3.1%0.0%19.1M-430.4M-3.8M1.3335.72N/AN/A1,8532,46858,40069,381
2024-08-30$248.56$240.0019.3%5.7%28.0%12.1%19.2%2.4%-1.2%23.3M-478.9M-3.8M2.0359.00N/AN/A4,1658,43858,89470,325