LBRDA Options History — June 2018

In June 2018, LBRDA traded between $63.92 and $72.49. ATM implied volatility averaged 28.5%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 9.3% (HV 20d: 19.2%). Max pain ranged from $65.60 to $79.66. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 2.96.

Notable Days

  • 2018-06-04: Highest Volume — 233 contracts
  • 2018-06-13: Largest IV drop — 55.3% change
  • 2018-06-12: Highest IV Rank — 67.2%
  • 2018-06-25: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.54$63.92$72.49$63.92$71.21
Max Pain$74.75$65.60$79.66$65.60$74.98
ATM IV28.5%17.4%60.4%26.2%21.4%
Expected Move6.9%5.0%9.0%7.5%6.1%
HV 20d19.2%15.9%22.0%17.9%20.1%
HV 60d38.2%37.8%38.6%38.2%38.1%
IV Rank17.4%0.0%67.2%13.8%6.2%
IV Percentile29.8%0.4%99.2%16.3%3.6%
Term Structure6.5%-4.2%16.6%3.2%2.5%
VWIV24.5%16.9%32.2%32.1%18.4%
Skew 25d1.0%-10.7%9.3%5.6%9.3%
Skew 10d1.6%-8.8%15.6%7.0%7.9%
Call IV 25d28.5%21.9%40.1%30.0%25.2%
Put IV 25d29.5%21.8%36.3%35.6%34.6%
Bid-Ask Spread %108.5891.95126.64126.64117.79
Gamma HHI0.490.330.770.330.47
Net GEX-39.5K-54.9K-20.2K-20.4K-53.4K
Net DEX816.9K600.2K1.1M1.1M839.3K
Net VEX-2.4K-2.8K-1.2K-1.2K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.962.423.702.633.59
Total Volume222.905205233221216
Total OI291.381254309254297

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$63.92$65.6026.2%7.5%17.9%13.8%32.1%5.6%3.2%-20.4K1.1M-1.2K2.63126.646116050204
2018-06-04$64.73$79.6639.5%7.9%16.3%34.5%25.4%-0.4%3.7%-24.0K1.0M-1.7K2.4295.146816561209
2018-06-05$65.07$74.9824.2%8.1%15.9%10.6%24.0%-0.4%4.0%-20.2K1.0M-2.0K2.4291.956816579220
2018-06-06$66.91$74.9832.1%6.0%18.7%23.0%23.7%1.9%12.9%-28.1K940.9K-2.3K2.42102.626816579220
2018-06-07$67.61$74.9829.9%7.0%17.9%19.5%23.2%-1.8%8.5%-27.4K926.0K-2.4K2.4299.066816579220
2018-06-08$67.95$74.9832.2%7.7%17.8%23.1%21.9%2.0%2.4%-27.5K905.1K-2.4K2.4293.916816579220
2018-06-11$68.97$74.9842.9%5.8%18.3%39.9%20.2%2.4%8.6%-28.9K843.9K-2.5K2.42119.326816579220
2018-06-12$69.95$74.9860.4%6.2%18.2%67.2%22.5%4.6%11.8%-35.6K718.1K-2.6K2.42118.776816579220
2018-06-13$69.47$74.9827.0%7.8%18.2%15.1%32.2%1.3%8.8%-30.8K752.2K-2.5K2.42109.286816579220
2018-06-14$71.35$74.9817.4%5.0%20.2%0.0%16.9%0.6%12.7%-35.1K673.4K-2.6K2.42113.636816579220
2018-06-15$71.62$74.9817.6%5.0%19.6%0.3%24.2%-3.5%11.3%-48.9K618.7K-2.7K2.42115.106816579230
2018-06-18$71.17$74.9818.9%5.4%19.5%2.4%26.8%-3.4%13.1%-47.9K741.9K-2.6K3.48118.164716358223
2018-06-19$70.75$74.9824.5%7.0%19.5%11.1%25.2%1.5%4.5%-47.3K812.8K-2.5K3.36104.414715858223
2018-06-20$70.81$74.9826.6%7.6%19.5%14.4%26.6%-6.0%3.4%-46.4K783.3K-2.6K3.3697.324715858228
2018-06-21$70.13$74.9829.2%8.4%20.1%18.5%24.4%2.7%3.8%-41.7K793.4K-2.5K3.36121.804715858228
2018-06-22$72.11$74.9826.0%7.4%21.8%13.4%26.3%1.2%2.9%-54.0K707.8K-2.6K3.36102.794715858228
2018-06-25$71.80$74.9831.4%9.0%22.0%21.8%25.7%1.8%-0.0%-49.3K721.5K-2.5K3.70104.194717458228
2018-06-26$72.49$74.9820.2%5.8%20.3%4.3%31.3%-10.7%16.6%-53.9K600.2K-2.8K3.70122.904717458239
2018-06-27$71.33$74.9827.2%7.8%21.4%15.3%22.1%7.8%-4.2%-53.7K797.8K-2.6K3.70101.844717458239
2018-06-28$71.04$74.9824.3%7.0%20.1%10.8%21.5%5.5%5.6%-54.9K862.6K-2.4K3.70103.494717458239
2018-06-29$71.21$74.9821.4%6.1%20.1%6.2%18.4%9.3%2.5%-53.4K839.3K-2.5K3.59117.794716958239