LBRDA Options History — October 2018

In October 2018, LBRDA traded between $71.61 and $78.47. ATM implied volatility averaged 31.2%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 7.1% (HV 20d: 24.1%). Max pain ranged from $70.29 to $84.35. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 2.96.

Notable Days

  • 2018-10-01: Highest Volume — 79 contracts
  • 2018-10-04: Largest IV spike — 49.7% change
  • 2018-10-26: Highest IV Rank — 36.1%
  • 2018-10-26: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$76.34$71.61$78.47$77.57$77.98
Max Pain$79.33$70.29$84.35$74.98$70.29
ATM IV31.2%23.5%40.5%24.5%26.8%
Expected Move8.8%6.7%11.6%7.0%7.7%
HV 20d24.1%18.1%40.1%18.3%40.1%
HV 60d24.9%23.5%29.1%23.6%29.1%
IV Rank21.6%9.5%36.1%11.1%14.7%
IV Percentile44.7%6.3%87.7%11.1%19.8%
Term Structure-0.5%-4.5%9.4%-2.0%-2.8%
VWIV36.1%26.5%47.7%31.2%37.2%
Skew 25d2.0%-16.6%11.9%6.1%11.9%
Skew 10d2.2%-17.2%22.3%-0.2%15.0%
Call IV 25d35.1%26.0%52.0%26.0%31.6%
Put IV 25d37.1%25.4%43.7%32.1%43.4%
Bid-Ask Spread %115.3892.26133.41126.29115.02
Gamma HHI0.240.190.350.240.23
Net GEX-5.7K-12.8K-617-7.7K-1.3K
Net DEX-4.3K-56.9K80.8K-24.7K-46.6K
Net VEX-819-1.1K-649-697-724
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.962.003.933.933.10
Total Volume57.78342797944
Total OI128.7399115314295

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$77.57$74.9824.5%7.0%18.3%11.1%31.2%6.1%-2.0%-7.7K-24.7K-6973.93126.2916634696
2018-10-02$78.47$74.9827.1%7.8%18.6%15.1%45.9%7.1%2.2%-5.3K-29.6K-8283.93124.70166346101
2018-10-03$78.21$74.9823.5%6.7%18.4%9.5%44.5%-16.6%9.4%-2.7K-17.8K-1.1K3.93128.68166346101
2018-10-04$77.47$0.0035.1%8.9%18.1%27.7%0.0%8.3%-1.4%-4.7K-9.4K-8813.93117.31166346101
2018-10-05$76.10$0.0031.4%9.3%19.4%21.9%0.0%-6.9%-2.3%-9.3K4.9K-8012.73120.07164446101
2018-10-08$76.79$0.0035.8%9.2%19.3%28.8%0.0%-0.5%-2.7%-10.9K19.9K-8692.73124.55164446102
2018-10-09$77.51$0.0031.4%8.2%19.1%21.8%0.0%1.5%-0.3%-8.9K-10.2K-7642.73111.64164446102
2018-10-10$75.17$0.0031.6%9.1%22.1%22.2%0.0%0.9%2.6%-8.7K48.2K-9982.73126.12164446102
2018-10-11$73.79$0.0034.9%10.0%22.1%27.4%0.0%1.9%-4.5%-11.4K51.2K-8732.73118.47164446102
2018-10-12$74.57$0.0032.5%9.3%22.5%23.6%0.0%-1.0%-2.1%-12.8K80.8K-9412.73124.65164446102
2018-10-15$76.53$0.0032.9%9.4%24.5%24.2%0.0%1.6%-3.7%-7.4K27.3K-7992.73133.41164446103
2018-10-16$78.06$0.0024.5%7.0%22.5%11.1%28.2%1.1%-0.9%-7.8K-33.1K-7452.41102.65184446103
2018-10-17$77.54$84.3524.5%7.0%22.6%11.1%26.5%5.5%4.0%-9.1K-12.2K-7852.41114.62184448103
2018-10-18$77.41$84.3534.2%9.8%22.6%26.3%41.7%-2.3%-1.0%-9.3K12.6K-8682.35115.52184348103
2018-10-19$78.13$84.3530.6%8.8%22.9%20.6%27.0%6.9%-2.7%-617-56.9K-6492.0095.51214348105
2018-10-22$77.51$84.3532.4%9.3%22.3%23.4%29.0%9.3%-2.9%-1.1K-39.8K-7902.9092.2611312170
2018-10-23$76.65$84.3531.8%9.1%22.5%22.5%34.0%2.8%-2.5%-1.1K-39.6K-7312.9096.7611312170
2018-10-24$74.45$84.3534.9%10.0%24.6%27.3%47.7%6.8%-2.3%-1.2K-23.3K-7462.90112.0611312170
2018-10-25$76.21$84.3532.6%9.3%26.2%23.7%33.7%-2.3%2.5%-1.4K-27.2K-7532.90108.3111312170
2018-10-26$71.61$84.3540.5%11.6%33.8%36.1%40.1%4.3%-2.4%-3.3K30.6K-8843.10115.0511332170
2018-10-29$72.08$70.2934.1%9.8%33.7%26.1%37.7%2.6%4.1%-3.3K12.2K-8083.10113.1011332173
2018-10-30$75.99$70.2930.3%8.7%38.9%20.2%36.8%-3.3%-0.6%-2.4K-15.9K-7913.10117.0911332173
2018-10-31$77.98$70.2926.8%7.7%40.1%14.7%37.2%11.9%-2.8%-1.3K-46.6K-7243.10115.0211332174