LRGF Options History — May 2023

In May 2023, LRGF traded between $40.53 and $42.20. ATM implied volatility averaged 19.0%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 4.6% (HV 20d: 14.4%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2023-05-31: Highest Volume — 60 contracts
  • 2023-05-10: Largest IV drop — 32.5% change
  • 2023-05-09: Highest IV Rank — 30.9%
  • 2023-05-30: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.49$40.53$42.20$41.80$42.00
ATM IV19.0%15.4%24.7%15.4%19.3%
Expected Move5.2%4.4%6.1%4.4%5.5%
HV 20d14.4%12.5%15.5%12.5%12.8%
HV 60d15.6%15.2%16.1%15.5%15.3%
IV Rank18.8%11.3%30.9%11.3%19.4%
IV Percentile18.6%4.4%46.4%4.4%23.4%
Term Structure-2.5%-6.8%4.8%-4.7%-4.2%
Skew 25d6.5%0.7%12.3%0.7%5.7%
Skew 10d7.2%0.9%10.0%0.9%9.7%
Call IV 25d11.5%7.5%16.4%9.8%15.0%
Put IV 25d18.1%10.4%21.6%10.4%20.6%
Bid-Ask Spread %136.21126.29148.72143.02134.73
Gamma HHI0.500.430.560.440.51
Net GEX1.4K1.3K1.6K1.4K1.4K
Net DEX-42.1K-46.7K-38.3K-46.1K-42.5K
Net VEX-82-102-59-67-82
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume2.727060060
Total OI1313131313

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$41.80$0.0015.4%4.4%12.5%11.3%0.0%0.7%-4.7%1.4K-46.1K-670.00143.02N/AN/A00130
2023-05-02$41.20$0.0019.7%5.6%13.3%20.3%0.0%4.3%-3.3%1.3K-38.3K-1020.00135.80N/AN/A00130
2023-05-03$40.97$0.0021.1%6.1%12.9%23.4%0.0%2.5%-4.6%1.4K-38.9K-990.00141.81N/AN/A00130
2023-05-04$40.53$0.0019.5%4.7%13.5%20.0%0.0%7.2%-1.8%1.5K-38.4K-960.00136.27N/AN/A00130
2023-05-05$41.34$0.0022.4%5.0%15.3%25.9%0.0%6.0%-1.6%1.5K-42.9K-800.00137.18N/AN/A00130
2023-05-08$41.36$0.0021.7%4.8%15.3%24.5%0.0%9.2%-0.7%1.3K-38.6K-1020.00132.91N/AN/A00130
2023-05-09$41.21$0.0024.7%5.2%15.3%30.9%0.0%12.3%-2.3%1.4K-38.6K-1010.00133.69N/AN/A00130
2023-05-10$41.38$0.0016.7%4.8%15.3%14.0%0.0%9.3%-2.5%1.5K-43.6K-780.00135.76N/AN/A00130
2023-05-11$41.20$0.0017.5%5.0%14.6%15.7%0.0%10.1%-2.6%1.6K-42.4K-780.00137.69N/AN/A00130
2023-05-12$41.13$0.0018.0%5.2%14.6%16.8%0.0%3.9%-2.5%1.6K-41.8K-830.00139.57N/AN/A00130
2023-05-15$41.34$0.0018.3%5.2%14.7%17.3%0.0%9.7%-2.1%1.6K-44.0K-700.00135.66N/AN/A00130
2023-05-16$41.11$0.0018.9%5.4%14.8%18.7%0.0%7.1%-3.0%1.6K-41.6K-820.00142.63N/AN/A00130
2023-05-17$41.55$0.0017.5%5.0%15.3%15.7%0.0%10.5%-1.0%1.5K-43.1K-740.00132.08N/AN/A00130
2023-05-18$41.97$0.0015.9%4.6%15.4%12.4%0.0%7.7%4.8%1.5K-41.4K-890.00133.35N/AN/A00130
2023-05-19$41.89$0.0017.8%5.1%15.5%16.4%0.0%4.2%-2.9%1.4K-46.7K-590.00129.22N/AN/A00130
2023-05-22$41.95$0.0017.7%5.1%15.4%16.2%0.0%4.0%-1.3%1.4K-41.6K-870.00126.29N/AN/A00130
2023-05-23$41.61$0.0018.7%5.4%14.3%18.2%0.0%3.7%-3.0%1.5K-44.7K-690.00138.27N/AN/A00130
2023-05-24$41.28$0.0019.4%5.6%14.5%19.7%0.0%9.0%-6.8%1.5K-39.6K-890.00148.72N/AN/A00130
2023-05-25$41.67$0.0018.6%5.3%13.4%18.0%0.0%2.2%-1.2%1.4K-39.5K-920.00134.56N/AN/A00130
2023-05-26$42.17$0.0016.8%4.8%13.8%14.2%0.0%9.0%-2.1%1.3K-46.5K-630.00134.63N/AN/A00130
2023-05-30$42.20$0.0021.4%6.1%13.8%23.9%0.0%5.4%-5.7%1.3K-45.5K-690.00132.82N/AN/A00130
2023-05-31$42.00$0.0019.3%5.5%12.8%19.4%0.0%5.7%-4.2%1.4K-42.5K-820.00134.73N/AN/A060130