LOW Options History — September 2024

In September 2024, LOW traded between $244.06 and $270.44. ATM implied volatility averaged 21.6%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 2.5% (HV 20d: 19.0%). Max pain ranged from $240.00 to $240.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.82.

Notable Days

  • 2024-09-13: Highest Volume — 17,041 contracts
  • 2024-09-19: Largest IV drop — 7.9% change
  • 2024-09-06: Highest IV Rank — 30.5%
  • 2024-09-06: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$255.51$244.06$270.44$244.54$270.44
Max Pain$240.00$240.00$240.00$240.00$240.00
ATM IV21.6%19.4%24.0%23.0%20.0%
Expected Move6.2%5.3%7.1%6.8%5.9%
HV 20d19.0%13.4%28.3%28.3%13.7%
HV 60d26.2%24.4%27.8%27.8%24.4%
IV Rank18.5%7.4%30.5%27.8%9.9%
IV Percentile42.2%18.7%59.1%56.7%27.8%
Term Structure0.7%-1.1%2.4%-0.6%2.1%
VWIV21.7%18.3%24.2%23.4%20.9%
Skew 25d3.0%1.1%5.8%3.0%1.1%
Skew 10d6.3%4.8%11.6%5.8%4.8%
Call IV 25d20.3%18.0%22.9%21.1%18.2%
Put IV 25d23.3%19.3%27.8%24.0%19.3%
Bid-Ask Spread %53.8218.6780.5654.2018.67
Gamma HHI0.160.080.420.100.08
Net GEX28.7M3.0M78.1M6.3M22.6M
Net DEX-600.5M-878.0M-321.0M-329.7M-763.4M
Net VEX-3.7M-3.9M-3.6M-3.8M-3.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.211.451.020.60
Total Volume8,588.153,50317,0415,76711,187
Total OI128,535.9110,430145,930123,648119,488

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$244.54$240.0023.0%6.8%28.3%27.8%23.4%3.0%-0.6%6.3M-329.7M-3.8M1.0254.20N/AN/A2,8492,91857,01166,637
2024-09-04$245.13$240.0022.3%6.8%27.2%24.9%23.5%3.1%2.2%7.0M-359.6M-3.8M0.9951.13N/AN/A1,7831,76058,33068,292
2024-09-05$244.06$240.0023.2%6.9%22.0%26.8%23.5%2.6%-0.0%3.0M-321.0M-3.8M0.7875.10N/AN/A1,9691,53458,96369,063
2024-09-06$244.69$240.0024.0%7.1%21.4%30.5%23.4%3.1%-0.2%11.7M-346.7M-3.9M1.4059.87N/AN/A3,9795,56459,80169,561
2024-09-09$244.08$240.0022.8%6.9%21.4%25.4%24.1%5.8%1.4%11.8M-335.6M-3.8M0.4576.30N/AN/A7,3313,28958,17667,828
2024-09-10$246.63$240.0022.9%6.5%19.7%25.6%23.1%2.5%0.9%21.6M-439.1M-3.8M0.5262.85N/AN/A4,4192,31062,23270,163
2024-09-11$246.61$240.0023.1%6.3%18.6%26.5%22.8%3.7%-1.1%20.9M-437.3M-3.8M1.0857.38N/AN/A2,5522,76462,25170,992
2024-09-12$252.05$240.0022.4%6.4%19.8%23.4%22.9%3.1%0.1%36.9M-624.9M-3.7M0.6768.06N/AN/A3,2782,20062,36472,099
2024-09-13$255.30$240.0021.6%6.1%20.0%20.3%22.2%3.3%-0.6%40.4M-712.1M-3.7M1.1463.33N/AN/A7,9549,08762,49773,193
2024-09-16$256.86$240.0022.2%6.3%20.0%22.8%23.1%3.2%1.4%30.0M-719.2M-3.6M0.9235.63N/AN/A5,8745,42160,62272,100
2024-09-17$256.81$240.0022.6%6.4%20.0%21.7%24.2%3.4%0.9%28.0M-698.2M-3.7M1.1372.11N/AN/A3,4593,89262,81675,629
2024-09-18$256.87$240.0022.0%6.3%19.1%18.8%22.8%2.9%2.4%30.9M-735.5M-3.6M1.4580.56N/AN/A4,9637,17763,43177,944
2024-09-19$260.50$240.0020.2%5.7%19.5%11.0%20.3%2.4%2.0%53.0M-862.0M-3.6M0.6950.82N/AN/A4,0522,78964,06879,055
2024-09-20$260.90$240.0019.9%5.6%19.2%9.5%19.7%2.1%0.9%67.7M-878.0M-3.6M1.0552.29N/AN/A5,9096,20665,32280,608
2024-09-23$261.72$240.0020.0%5.4%14.0%9.7%19.5%2.6%0.1%20.9M-610.0M-3.6M0.5252.09N/AN/A3,2701,70250,40460,026
2024-09-24$265.85$240.0020.0%5.4%14.8%9.8%18.3%3.0%-0.1%26.2M-680.9M-3.8M0.6030.33N/AN/A4,3642,60552,36361,110
2024-09-25$264.48$240.0019.4%5.3%14.0%7.4%18.6%2.8%0.1%28.1M-686.2M-3.6M0.3941.44N/AN/A4,4011,69754,42162,592
2024-09-26$265.71$240.0020.1%5.5%14.0%10.3%19.2%3.1%0.7%28.8M-709.8M-3.6M0.2123.22N/AN/A8,7941,84354,50663,629
2024-09-27$267.05$240.0019.7%5.3%13.4%8.4%18.5%2.4%0.6%78.1M-761.2M-3.6M0.7651.03N/AN/A8,3176,30156,70764,424
2024-09-30$270.44$240.0020.0%5.9%13.7%9.9%20.9%1.1%2.1%22.6M-763.4M-3.6M0.6018.67N/AN/A7,0074,18055,16464,324