LBRDA Options History — May 2020

In May 2020, LBRDA traded between $111.49 and $126.29. ATM implied volatility averaged 51.0%, placing in the 50.6% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 27.6% (HV 20d: 23.4%). Max pain ranged from $107.78 to $107.78. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-05-15: Highest Volume — 11 contracts
  • 2020-05-13: Largest IV drop — 71.1% change
  • 2020-05-07: Highest IV Rank — 100.0%
  • 2020-05-01: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.49$111.49$126.29$114.70$126.29
Max Pain$107.78$107.78$107.78$107.78$107.78
ATM IV51.0%32.9%114.0%52.6%38.8%
Expected Move10.0%8.4%15.1%15.1%11.1%
HV 20d23.4%18.4%29.4%29.4%27.2%
HV 60d61.8%61.2%62.5%61.4%61.3%
IV Rank50.6%19.7%100.0%72.3%25.5%
IV Percentile85.0%71.8%100.0%95.6%77.8%
Term Structure-7.6%-16.6%1.6%-15.8%-8.2%
Skew 25d0.9%-8.7%6.2%6.2%1.7%
Skew 10d6.4%-10.8%27.0%27.0%8.4%
Call IV 25d48.7%40.9%68.4%68.4%53.3%
Put IV 25d49.6%39.1%74.6%74.6%55.0%
Bid-Ask Spread %138.40132.50142.08132.50139.20
Gamma HHI0.170.140.210.190.21
Net GEX-2.4K-4.6K81-170-2.7K
Net DEX-4.6K-54.9K59.0K-26.5K-28.7K
Net VEX-775-929-497-929-497
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.101105
Total OI45.1536505036

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$114.70$107.7852.6%15.1%29.4%72.3%0.0%6.2%-15.8%-170-26.5K-9290.00132.50002129
2020-05-04$115.55$0.0059.5%8.5%27.3%84.8%0.0%1.7%-0.8%-722-35.6K-8900.00135.80002129
2020-05-05$115.67$0.0060.9%8.6%21.2%87.3%0.0%1.6%-0.1%-154-34.4K-8900.00136.69002129
2020-05-06$114.08$0.0065.9%9.2%21.9%96.6%0.0%1.6%1.6%81-20.0K-8970.00136.53002129
2020-05-07$116.71$0.0068.6%8.4%22.0%100.0%0.0%4.3%-5.3%-854-44.3K-8470.00138.18002129
2020-05-08$116.82$0.0072.5%8.7%22.1%100.0%0.0%2.3%-2.2%-291-45.3K-8870.00133.63002129
2020-05-11$116.04$0.0096.1%8.8%22.4%100.0%0.0%-0.4%-9.9%-1.1K-39.9K-8100.00138.85002129
2020-05-12$114.09$0.00114.0%9.4%18.4%100.0%0.0%1.6%-1.4%-526-22.5K-8260.00140.02002129
2020-05-13$111.49$0.0032.9%9.4%19.3%19.7%0.0%1.4%-8.5%-6329.2K-8060.00139.26002129
2020-05-14$112.72$0.0033.3%9.5%19.7%20.0%0.0%1.4%-5.6%-4.3K-40.3K-7710.00139.40002129
2020-05-15$112.74$0.0033.7%9.7%19.0%20.5%0.0%1.3%-8.5%-4.3K-54.9K-7920.00139.941102129
2020-05-18$117.62$0.0033.8%9.7%24.4%20.6%0.0%-8.7%-7.9%-3.9K41.0K-7430.00140.07001129
2020-05-19$117.21$0.0034.4%9.9%23.9%21.2%0.0%0.9%-7.1%-4.2K43.9K-7300.00140.31001129
2020-05-20$115.76$0.0035.1%10.1%24.3%21.9%0.0%0.9%-5.5%-4.6K59.0K-7140.00140.50001129
2020-05-21$116.72$0.0034.9%10.0%24.4%21.6%0.0%-6.2%-16.6%-4.6K48.0K-7210.00134.63101129
2020-05-22$116.15$0.0036.2%10.4%24.3%22.9%0.0%3.8%-13.4%-4.4K49.7K-7810.00138.29001229
2020-05-26$116.50$0.0039.2%11.2%23.9%25.9%0.0%0.7%-13.0%-3.9K37.0K-7360.00140.45001129
2020-05-27$119.76$0.0038.6%11.1%25.5%25.3%0.0%0.7%-13.4%-3.9K26.9K-6980.00142.08051129
2020-05-28$123.21$0.0039.0%11.2%27.0%25.7%0.0%0.8%-10.9%-2.6K-14.7K-5400.00141.63001125
2020-05-29$126.29$0.0038.8%11.1%27.2%25.5%0.0%1.7%-8.2%-2.7K-28.7K-4970.00139.20051125