LOW Options History — April 2025

In April 2025, LOW traded between $208.75 and $236.01. ATM implied volatility averaged 35.0%, placing in the 54.0% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 8.4% (HV 20d: 43.4%). Max pain ranged from $220.00 to $230.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.89.

Notable Days

2025-04-03: Highest Volume — 8,268 contracts
2025-04-09: Largest IV drop — 40.0% change
2025-04-07: Highest IV Rank — 100.0%
2025-04-08: Largest Expected Move — 14.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$220.99	$208.75	$236.01	$233.66	$222.45
Max Pain	$226.19	$220.00	$230.00	$230.00	$220.00
ATM IV	35.0%	26.1%	52.7%	26.1%	33.1%
Expected Move	9.5%	7.1%	14.4%	7.6%	8.5%
HV 20d	43.4%	27.3%	49.9%	27.3%	48.7%
HV 60d	31.4%	23.7%	34.6%	23.7%	34.5%
IV Rank	54.0%	34.0%	100.0%	36.7%	43.4%
IV Percentile	93.0%	65.5%	100.0%	65.5%	92.9%
Term Structure	-0.4%	-2.9%	4.1%	0.0%	-0.3%
VWIV	32.6%	25.4%	48.7%	25.7%	29.5%
Skew 25d	7.4%	4.1%	13.0%	4.6%	5.7%
Skew 10d	14.7%	8.7%	23.7%	10.1%	12.8%
Call IV 25d	31.3%	23.3%	45.0%	24.3%	29.9%
Put IV 25d	38.7%	27.3%	57.6%	28.9%	35.6%
Bid-Ask Spread %	52.64	36.81	68.49	61.91	63.59
Gamma HHI	0.10	0.07	0.21	0.12	0.07
Net GEX	-3.7M	-14.9M	3.0M	-1.9M	1.7M
Net DEX	236.1M	19.9M	395.6M	76.4M	169.0M
Net VEX	-3.9M	-4.3M	-3.4M	-4.2M	-3.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.45	2.07	0.62	0.79
Total Volume	4,611.095	2,650	8,268	4,434	2,865
Total OI	113,309.905	105,114	119,808	111,856	111,779

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-04-01	$233.66	$230.00	26.1%	7.6%	27.3%	36.7%	25.7%	4.6%	0.0%	-1.9M	76.4M	-4.2M	0.62	61.91	N/A	N/A	2,736	1,698	53,980	57,876
2025-04-02	$236.01	$230.00	26.6%	7.1%	27.5%	38.8%	25.4%	4.1%	-1.1%	2.0M	19.9M	-4.3M	0.48	56.89	N/A	N/A	2,498	1,199	55,233	58,675
2025-04-03	$222.38	$230.00	32.2%	9.0%	34.2%	64.7%	31.6%	6.1%	-1.3%	-14.9M	285.4M	-3.9M	1.04	58.03	N/A	N/A	4,056	4,212	56,093	59,177
2025-04-04	$226.62	$230.00	38.1%	10.4%	35.2%	91.5%	35.1%	8.5%	-0.7%	-3.4M	160.5M	-4.3M	2.07	55.57	N/A	N/A	2,633	5,454	57,312	60,114
2025-04-07	$215.37	$230.00	44.7%	12.0%	39.0%	100.0%	43.2%	8.6%	-2.4%	-4.3M	313.1M	-3.9M	1.01	44.27	N/A	N/A	3,212	3,249	56,133	54,824
2025-04-08	$208.75	$230.00	52.7%	14.4%	38.2%	100.0%	48.7%	12.6%	-2.9%	-5.7M	395.6M	-3.8M	1.18	41.66	N/A	N/A	1,218	1,432	56,698	56,830
2025-04-09	$222.55	$230.00	31.7%	9.1%	45.0%	39.2%	31.0%	7.1%	0.2%	-5.6M	270.6M	-3.9M	0.78	68.49	N/A	N/A	2,912	2,271	57,124	57,671
2025-04-10	$218.72	$230.00	41.3%	11.7%	44.2%	66.8%	41.0%	13.0%	0.3%	-4.9M	304.5M	-4.0M	0.51	52.14	N/A	N/A	4,564	2,317	58,380	58,566
2025-04-11	$219.75	$230.00	37.2%	10.6%	44.1%	55.1%	36.9%	9.6%	-0.1%	-5.7M	286.9M	-4.0M	0.55	51.71	N/A	N/A	2,071	1,133	60,632	59,176
2025-04-14	$225.19	$230.00	30.4%	8.6%	44.9%	35.5%	30.5%	7.6%	4.1%	-2.2M	197.2M	-4.0M	1.70	58.52	N/A	N/A	1,552	2,636	58,572	57,482
2025-04-15	$219.71	$230.00	29.9%	8.6%	45.4%	34.0%	28.6%	7.5%	2.8%	-6.1M	315.5M	-3.7M	0.66	55.34	N/A	N/A	2,822	1,856	58,919	59,047
2025-04-16	$213.94	$230.00	34.8%	10.0%	46.1%	48.2%	33.2%	8.2%	1.6%	-8.7M	389.4M	-3.5M	0.88	59.01	N/A	N/A	1,447	1,272	59,924	59,146
2025-04-17	$219.32	$230.00	31.8%	9.0%	47.1%	39.5%	30.4%	7.8%	1.7%	-10.8M	281.8M	-3.7M	0.54	59.35	N/A	N/A	3,165	1,695	60,320	58,709
2025-04-21	$211.66	$220.00	38.8%	10.4%	48.6%	59.9%	37.6%	8.8%	-2.0%	-7.0M	357.7M	-3.4M	0.78	36.81	N/A	N/A	2,011	1,568	51,306	53,808
2025-04-22	$219.65	$220.00	35.0%	9.6%	49.3%	48.9%	30.3%	6.6%	-1.6%	-2.1M	238.6M	-3.7M	0.45	38.06	N/A	N/A	3,953	1,778	52,428	54,650
2025-04-23	$217.76	$220.00	36.4%	9.8%	49.2%	52.8%	30.6%	7.0%	-1.9%	-1.3M	244.6M	-3.7M	0.72	50.40	N/A	N/A	1,980	1,430	54,532	55,488
2025-04-24	$222.45	$220.00	34.3%	8.4%	49.8%	46.7%	26.8%	5.5%	-2.1%	3.0M	145.5M	-3.8M	1.24	47.97	N/A	N/A	1,757	2,180	54,988	55,257
2025-04-25	$220.02	$220.00	34.6%	8.6%	49.9%	47.7%	30.4%	5.7%	-2.5%	-1.4M	187.7M	-3.7M	0.87	54.68	N/A	N/A	1,755	1,528	54,953	55,398
2025-04-28	$221.18	$220.00	33.9%	8.6%	49.4%	45.5%	30.3%	6.3%	-0.5%	-562.6K	179.4M	-3.7M	1.07	52.84	N/A	N/A	2,753	2,934	53,360	53,921
2025-04-29	$223.72	$220.00	32.0%	8.2%	48.7%	40.2%	28.0%	4.6%	-0.4%	1.2M	138.5M	-3.9M	0.78	38.14	N/A	N/A	1,707	1,324	54,706	56,321
2025-04-30	$222.45	$220.00	33.1%	8.5%	48.7%	43.4%	29.5%	5.7%	-0.3%	1.7M	169.0M	-3.8M	0.79	63.59	N/A	N/A	1,601	1,264	55,501	56,278