LBRDA Options History — September 2020

In September 2020, LBRDA traded between $126.64 and $134.82. ATM implied volatility averaged 36.8%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 15.6% (HV 20d: 21.2%). Max pain ranged from $107.78 to $126.52. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-09-23: Highest Volume — 11 contracts
  • 2020-09-09: Largest IV drop — 47.6% change
  • 2020-09-08: Highest IV Rank — 40.5%
  • 2020-09-02: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$130.85$126.64$134.82$130.71$133.03
Max Pain$109.56$107.78$126.52$126.52$107.78
ATM IV36.8%28.2%53.9%41.6%42.4%
Expected Move9.7%7.8%12.2%11.9%12.1%
HV 20d21.2%12.5%29.1%12.5%29.0%
HV 60d20.5%19.5%22.3%19.5%20.6%
IV Rank23.5%15.0%40.5%28.2%29.0%
IV Percentile60.2%36.1%91.3%73.8%73.4%
Term Structure-7.5%-19.3%0.2%-16.4%-9.3%
VWIV38.9%38.9%38.9%38.9%38.9%
Skew 25d5.1%-3.7%19.4%1.2%0.4%
Skew 10d1.7%-25.1%13.6%-12.5%3.8%
Call IV 25d43.1%21.7%60.1%57.4%60.1%
Put IV 25d48.1%37.9%60.5%58.6%60.5%
Bid-Ask Spread %131.08127.20141.13141.13131.31
Gamma HHI0.220.140.350.160.33
Net GEX2.9K-258.7K4088.3K
Net DEX-60.5K-134.8K-11.4K-28.2K-120.8K
Net VEX-375-672-88-197-585
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.04801100
Total OI5648684868

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-09-01$130.71$126.5241.6%11.9%12.5%28.2%0.0%1.2%-16.4%408-28.2K-1970.00141.1300444
2020-09-02$132.79$126.5242.4%12.2%13.6%29.1%0.0%1.2%-14.1%810-32.6K-1820.00140.5800444
2020-09-03$128.77$107.7845.2%8.0%16.8%31.8%0.0%9.9%0.2%326-21.5K-2310.00128.7100444
2020-09-04$127.30$107.7847.2%7.8%16.5%33.8%0.0%15.3%-0.1%-7-16.6K-2630.00129.4801444
2020-09-08$126.64$107.7853.9%8.3%16.3%40.5%0.0%19.4%-2.4%-25-11.4K-2760.00129.3500445
2020-09-09$129.28$107.7828.2%8.1%17.1%15.0%0.0%6.6%-6.6%812-31.2K-1160.00130.3700445
2020-09-10$127.73$107.7829.4%8.4%17.6%16.2%0.0%12.7%-1.7%101-18.3K-2340.00130.0400445
2020-09-11$127.69$107.7829.8%8.5%17.4%16.6%0.0%14.1%-1.9%122-18.3K-2350.00129.8500445
2020-09-14$129.64$107.7830.3%8.7%18.3%17.1%0.0%6.3%-8.2%1.0K-33.1K-880.00130.6800445
2020-09-15$131.95$107.7830.6%8.8%18.8%17.4%0.0%5.1%-5.4%1.0K-32.4K-1710.00127.2090445
2020-09-16$134.34$107.7831.1%8.9%19.7%17.9%38.9%-3.7%-14.1%3.5K-80.1K-4840.00129.62101345
2020-09-17$131.27$107.7831.8%9.1%21.5%18.5%0.0%0.4%-2.9%3.0K-72.8K-5050.00130.17001445
2020-09-18$132.25$107.7832.2%9.2%21.6%18.9%0.0%0.5%-2.1%3.2K-86.2K-4080.00130.05001445
2020-09-21$130.09$107.7834.3%9.8%22.5%21.0%0.0%0.4%-7.3%2.5K-57.5K-4780.00130.82001345
2020-09-22$134.82$107.7833.8%9.7%25.7%20.5%0.0%0.4%-5.5%3.5K-82.9K-4260.00130.40001345
2020-09-23$131.79$107.7835.6%10.2%27.1%22.3%0.0%0.5%-4.2%2.6K-64.6K-5120.00130.481101345
2020-09-24$129.70$107.7836.6%10.5%27.7%23.3%0.0%0.5%-9.1%6.8K-101.1K-6070.00130.87002345
2020-09-25$130.60$107.7837.4%10.7%27.8%24.1%0.0%0.5%-9.1%6.7K-96.6K-6720.00130.87002345
2020-09-28$133.78$107.7839.1%11.2%29.1%25.8%0.0%14.8%-18.0%8.7K-134.8K-6090.00131.26002345
2020-09-29$133.66$107.7840.2%11.5%29.0%26.9%0.0%0.4%-19.3%8.1K-129.7K-6030.00129.50002345
2020-09-30$133.03$107.7842.4%12.1%29.0%29.0%0.0%0.4%-9.3%8.3K-120.8K-5850.00131.31002345