LRGF Options History — March 2021

In March 2021, LRGF traded between $37.99 and $40.75. ATM implied volatility averaged 19.0%, placing in the 5.1% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 0.1% (HV 20d: 19.1%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 10 of 23 days.

Notable Days

  • 2021-03-04: Largest IV spike — 72.3% change
  • 2021-03-04: Highest IV Rank — 12.6%
  • 2021-03-01: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.80$37.99$40.75$39.77$40.75
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV19.0%14.9%28.9%22.8%18.2%
Expected Move5.2%4.1%6.5%6.5%5.2%
HV 20d19.1%15.4%21.0%15.9%16.7%
HV 60d15.9%14.0%16.7%14.0%16.5%
IV Rank5.1%1.5%12.6%7.7%4.9%
IV Percentile18.3%3.2%36.9%22.6%17.5%
Term Structure-0.7%-8.9%5.6%-8.9%-2.7%
Skew 25d4.8%-5.1%11.7%-5.1%5.5%
Skew 10d5.6%1.9%22.6%22.6%3.0%
Call IV 25d15.1%9.5%24.4%24.4%10.9%
Put IV 25d19.9%16.0%24.3%19.3%16.5%
Bid-Ask Spread %146.13130.38156.36136.05149.52
Gamma HHI1.001.001.001.001.00
Net GEX-106-1.0K410-1.0K382
Net DEX-3.0K-5.8K2.0K-2.6K-5.8K
Net VEX-18-23-13-22-13
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI3.3042442

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$39.77$39.0022.8%6.5%15.9%7.7%0.0%-5.1%-8.9%-1.0K-2.6K-220.00136.05N/AN/A0022
2021-03-02$39.49$39.0017.8%5.1%15.4%3.8%0.0%5.8%4.5%-347-1.4K-230.00132.85N/AN/A0022
2021-03-03$38.88$39.0016.8%4.8%16.1%2.9%0.0%4.0%5.6%-46072-230.00130.38N/AN/A0022
2021-03-04$37.99$0.0028.9%6.1%18.1%12.6%0.0%6.9%-0.3%-2242.0K-210.00152.76N/AN/A0022
2021-03-05$38.91$0.0019.1%5.2%20.0%4.7%0.0%4.6%0.2%-548684-220.00138.97N/AN/A0022
2021-03-08$38.89$0.0018.9%4.1%19.8%4.6%0.0%0.1%2.0%-434183-220.00143.94N/AN/A0022
2021-03-09$39.33$0.0018.5%4.3%19.9%4.3%0.0%3.7%0.1%-494-1.1K-210.00149.22N/AN/A0022
2021-03-10$39.48$0.0014.9%4.3%19.9%1.5%0.0%1.0%-1.9%-476-1.6K-210.00148.68N/AN/A0022
2021-03-11$39.91$0.0016.7%4.8%20.2%2.9%0.0%5.9%1.4%-323-2.6K-200.00152.27N/AN/A0022
2021-03-12$39.92$0.0018.6%5.3%20.1%4.4%0.0%8.7%-0.3%-323-2.5K-190.00143.30N/AN/A0022
2021-03-15$40.25$0.0019.0%5.4%20.2%4.7%0.0%8.6%-1.1%-250-3.4K-170.00144.65N/AN/A0022
2021-03-16$40.31$0.0019.4%5.6%20.2%5.0%0.0%5.3%-0.8%-211-3.4K-170.00144.33N/AN/A0022
2021-03-17$40.45$0.0019.1%5.5%20.2%5.6%0.0%3.5%-3.3%-179-4.1K-160.00149.49N/AN/A0022
2021-03-18$39.93$0.0019.6%5.6%20.7%6.0%0.0%3.1%1.8%-432-3.0K-170.00145.26N/AN/A0022
2021-03-19$40.26$0.0019.8%5.7%20.8%6.2%0.0%5.4%1.5%346-5.0K-150.00147.67N/AN/A0022
2021-03-22$40.38$0.0020.2%5.8%20.1%6.6%0.0%6.9%-2.5%330-5.2K-150.00156.36N/AN/A0020
2021-03-23$39.75$0.0016.7%4.8%21.0%3.4%0.0%2.3%-3.7%357-4.9K-150.00147.63N/AN/A0020
2021-03-24$39.67$0.0016.4%4.7%20.8%3.2%0.0%6.0%-2.0%332-4.8K-150.00148.67N/AN/A0020
2021-03-25$39.84$0.0016.3%4.7%18.5%3.0%0.0%11.7%2.7%396-4.6K-150.00148.03N/AN/A0020
2021-03-26$40.37$0.0019.7%5.7%18.8%6.4%0.0%6.8%-3.8%410-5.2K-140.00150.08N/AN/A0020
2021-03-29$40.47$0.0022.3%6.4%17.9%8.8%0.0%3.9%-5.6%360-5.5K-140.00150.72N/AN/A0020
2021-03-30$40.44$0.0016.8%4.8%17.7%3.5%0.0%5.3%1.1%368-5.4K-130.00150.22N/AN/A0020
2021-03-31$40.75$0.0018.2%5.2%16.7%4.9%0.0%5.5%-2.7%382-5.8K-130.00149.52N/AN/A0020