LBRDA Options History — April 2019

In April 2019, LBRDA traded between $86.04 and $92.55. ATM implied volatility averaged 27.7%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 16.3% (HV 20d: 11.4%). Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 3.67.

Notable Days

  • 2019-04-18: Highest Volume — 16 contracts
  • 2019-04-10: Largest IV spike — 41.5% change
  • 2019-04-22: Highest IV Rank — 40.0%
  • 2019-04-22: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.95$86.04$92.55$86.22$92.55
ATM IV27.7%20.0%34.6%33.1%27.6%
Expected Move8.5%7.5%9.9%7.9%7.9%
HV 20d11.4%8.5%14.0%14.0%8.5%
HV 60d26.0%12.2%28.5%28.5%12.2%
IV Rank23.9%5.9%40.0%36.3%23.7%
IV Percentile38.1%2.4%77.8%66.7%36.5%
Term Structure-2.3%-9.8%8.8%-1.0%-5.9%
Skew 25d3.3%-5.2%13.3%-0.5%-0.8%
Skew 10d6.3%-4.7%23.1%3.3%7.8%
Call IV 25d31.4%23.3%40.3%34.2%40.3%
Put IV 25d34.7%23.8%47.2%33.7%39.4%
Bid-Ask Spread %99.5260.86133.81129.78129.28
Gamma HHI0.440.270.550.430.27
Net GEX591-2.1K2.9K1.8K-970
Net DEX-30.3K-66.7K22.3K-44.6K-4.5K
Net VEX-268-499-127-182-336
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.671.006.001.004.00
Total Volume3.048016011
Total OI34.09521513821

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$86.22$0.0033.1%7.9%14.0%36.3%0.0%-0.5%-1.0%1.8K-44.6K-1820.00129.78001028
2019-04-02$86.75$0.0023.1%9.3%13.4%13.3%0.0%0.4%8.8%2.9K-50.1K-1700.0064.86001028
2019-04-03$86.04$0.0024.8%8.7%13.8%17.0%0.0%1.5%-3.4%2.6K-51.6K-1670.00104.92001028
2019-04-04$86.06$0.0021.4%9.0%13.3%9.3%0.0%3.6%-4.3%2.9K-49.2K-1700.0060.86001028
2019-04-05$87.04$0.0020.5%8.4%13.4%7.1%0.0%5.5%-3.6%2.8K-54.5K-1610.0078.31001028
2019-04-08$87.50$0.0024.1%8.8%12.1%15.4%0.0%-0.5%-4.5%2.6K-57.1K-1530.0064.60001028
2019-04-09$87.48$0.0020.0%8.3%12.0%5.9%0.0%-0.1%-2.5%2.5K-60.8K-1440.0062.90001028
2019-04-10$88.13$0.0028.2%8.1%11.6%25.1%0.0%0.6%-0.2%1.8K-53.9K-1600.00129.12001028
2019-04-11$88.58$0.0027.9%8.0%11.4%24.2%0.0%0.7%0.3%1.7K-55.0K-1610.00115.34001028
2019-04-12$89.12$0.0027.5%7.9%11.4%23.4%0.0%4.1%0.4%1.6K-57.6K-1540.00117.12001028
2019-04-15$88.66$0.0027.4%7.9%11.5%23.2%0.0%3.9%-2.8%1.9K-64.3K-1270.0095.88001028
2019-04-16$89.26$0.0029.7%8.5%11.6%28.6%0.0%2.0%-4.2%502-66.7K-1381.0088.04221028
2019-04-17$89.68$0.0026.1%7.5%11.6%20.3%0.0%13.3%-1.0%818-62.4K-1626.0098.832131030
2019-04-18$89.71$0.0028.3%8.1%11.2%25.2%0.0%-5.2%-0.7%-1.8K-23.0K-4214.00128.753131041
2019-04-22$89.07$0.0034.6%9.9%9.9%40.0%0.0%3.4%-6.6%-1.7K22.3K-4490.0082.1500518
2019-04-23$89.89$0.0028.6%8.2%9.8%25.9%0.0%10.4%-1.3%-1.6K18.4K-4410.00133.8101518
2019-04-24$90.55$0.0033.0%9.5%10.0%36.1%0.0%3.7%-0.5%-1.8K19.3K-4600.0078.0102519
2019-04-25$91.28$0.0031.7%9.1%10.1%33.1%0.0%9.1%2.2%-2.1K21.6K-4990.00113.4002521
2019-04-26$91.96$0.0032.3%9.2%10.1%34.4%0.0%5.2%-6.9%-2.0K17.9K-4850.0090.2702521
2019-04-29$92.32$0.0032.5%9.3%8.5%35.0%0.0%10.0%-9.8%-2.0K19.9K-4970.00123.60011521
2019-04-30$92.55$0.0027.6%7.9%8.5%23.7%0.0%-0.8%-5.9%-970-4.5K-3360.00129.28011516