LOW Options History — October 2024

In October 2024, LOW traded between $261.47 and $284.02. ATM implied volatility averaged 24.9%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 9.1% (HV 20d: 15.7%). Max pain ranged from $240.00 to $280.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 1.22.

Notable Days

  • 2024-10-09: Highest Volume — 26,603 contracts
  • 2024-10-07: Largest IV spike — 9.3% change
  • 2024-10-31: Highest IV Rank — 50.7%
  • 2024-10-31: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$272.77$261.47$284.02$273.13$263.19
Max Pain$272.61$240.00$280.00$240.00$280.00
ATM IV24.9%20.0%29.0%20.9%29.0%
Expected Move7.0%5.8%8.6%6.0%8.6%
HV 20d15.7%11.5%19.5%11.5%19.5%
HV 60d21.9%18.6%24.5%24.4%18.6%
IV Rank31.9%10.2%50.7%14.2%50.7%
IV Percentile65.1%29.0%89.7%41.7%89.7%
Term Structure0.6%-2.2%3.6%2.2%-1.1%
VWIV25.0%22.5%30.0%22.5%30.0%
Skew 25d3.5%2.6%5.2%4.7%3.9%
Skew 10d7.4%1.6%21.0%6.7%7.5%
Call IV 25d23.3%19.0%27.9%19.0%27.5%
Put IV 25d26.8%22.3%31.4%23.6%31.4%
Bid-Ask Spread %45.6520.2769.8458.5926.11
Gamma HHI0.120.070.250.080.20
Net GEX7.6M-31.2M42.2M26.6M-31.0M
Net DEX-668.1M-1.12B-133.6M-852.9M-201.5M
Net VEX-4.2M-4.5M-3.8M-3.8M-4.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.292.971.001.03
Total Volume9,058.7393,57826,6038,1726,570
Total OI138,315.261125,023159,372125,023131,712

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$273.13$240.0020.9%6.0%11.5%14.2%22.5%4.7%2.2%26.6M-852.9M-3.8M1.0058.59N/AN/A4,0924,08058,11166,912
2024-10-02$271.48$250.0020.0%5.8%12.2%10.2%23.1%3.7%3.2%24.7M-776.8M-4.0M0.8837.07N/AN/A2,8432,49558,60969,237
2024-10-03$269.38$270.0021.5%6.9%12.6%16.7%24.0%3.0%2.3%21.0M-736.2M-4.0M1.3466.02N/AN/A1,6082,14959,80270,598
2024-10-04$267.32$270.0021.8%6.7%13.3%18.3%24.5%3.0%2.5%39.1M-672.8M-4.0M2.6963.97N/AN/A2,6297,08359,85172,152
2024-10-07$268.85$270.0023.9%7.2%13.1%27.4%25.0%3.5%0.6%12.3M-688.9M-4.1M0.5065.04N/AN/A5,8452,94258,24170,949
2024-10-08$273.98$270.0023.9%7.1%13.9%27.4%26.5%3.5%0.8%31.4M-909.8M-3.8M2.1561.36N/AN/A4,3109,26062,17973,297
2024-10-09$276.87$270.0024.8%6.8%13.9%31.7%25.0%5.2%-2.2%37.5M-999.1M-3.9M0.7369.84N/AN/A15,33411,26963,94180,451
2024-10-10$272.58$270.0023.6%7.0%14.5%26.0%24.5%2.6%0.6%24.0M-825.2M-4.2M0.6760.54N/AN/A6,2174,14071,16487,389
2024-10-11$276.20$270.0022.2%6.5%14.5%19.9%23.8%2.6%0.8%23.8M-947.6M-4.2M2.9758.01N/AN/A3,1389,32370,01887,809
2024-10-14$280.86$270.0022.9%6.6%15.2%23.2%23.7%3.1%2.7%37.2M-1.05B-4.0M1.3053.26N/AN/A3,6394,73165,69080,454
2024-10-15$281.88$270.0023.6%6.8%15.1%26.1%23.6%2.9%3.6%37.9M-1.04B-4.2M1.3359.87N/AN/A4,2615,64866,23283,779
2024-10-16$284.02$270.0023.8%6.8%15.0%26.9%23.9%3.1%2.2%42.2M-1.12B-4.0M1.8541.09N/AN/A2,5654,73867,05486,893
2024-10-17$281.52$280.0023.9%6.7%15.4%27.6%23.5%3.3%2.4%33.6M-995.3M-4.1M0.3739.09N/AN/A4,4791,66167,56289,871
2024-10-18$281.09$280.0023.9%6.6%15.5%27.7%22.7%3.5%3.3%12.5M-993.0M-4.0M1.9049.72N/AN/A3,1566,00169,00890,364
2024-10-21$276.45$280.0026.0%6.6%17.1%37.2%23.8%3.1%-1.3%-15.5M-529.2M-4.2M0.4020.27N/AN/A5,0242,00953,43472,938
2024-10-22$273.22$280.0027.1%7.2%17.1%41.8%24.7%3.7%-1.4%-30.0M-400.2M-4.4M0.3836.36N/AN/A7,6452,90055,66073,776
2024-10-23$269.72$280.0028.4%7.4%17.7%48.1%25.2%3.1%-1.7%-29.0M-308.9M-4.4M0.8726.49N/AN/A3,5413,08858,08974,683
2024-10-24$271.93$280.0027.9%7.4%17.9%45.7%26.1%4.2%-0.7%-26.9M-428.8M-4.3M0.2930.15N/AN/A3,9591,14858,42074,861
2024-10-25$266.75$280.0027.8%7.5%19.2%45.0%25.8%2.8%-1.3%-28.9M-175.9M-4.3M2.3728.34N/AN/A6,10414,47959,04175,012
2024-10-28$268.36$280.0028.2%8.0%18.8%47.0%27.3%4.6%-1.0%-11.5M-374.3M-4.3M1.4631.12N/AN/A1,5402,25255,87271,348
2024-10-29$263.41$280.0028.1%7.9%19.4%46.3%27.1%3.3%-1.1%-24.6M-204.1M-4.3M1.0435.08N/AN/A2,3892,48956,31072,429
2024-10-30$261.47$280.0028.7%8.1%19.5%49.4%28.6%3.8%-0.4%-31.2M-133.6M-4.4M0.6532.62N/AN/A2,1751,40356,69873,351
2024-10-31$263.19$280.0029.0%8.6%19.5%50.7%30.0%3.9%-1.1%-31.0M-201.5M-4.5M1.0326.11N/AN/A3,2443,32657,72573,987