LBRDA Options History — July 2021

In July 2021, LBRDA traded between $154.33 and $162.35. ATM implied volatility averaged 21.0%, placing in the 9.8% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 3.2% (HV 20d: 17.8%). Max pain ranged from $135.90 to $159.33. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.35.

Notable Days

2021-07-06: Highest Volume — 36 contracts
2021-07-12: Largest IV spike — 76.5% change
2021-07-13: Highest IV Rank — 22.0%
2021-07-15: Largest Expected Move — 7.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$158.73	$154.33	$162.35	$158.38	$160.57
Max Pain	$155.98	$135.90	$159.33	$135.90	$159.33
ATM IV	21.0%	12.6%	33.9%	12.6%	15.0%
Expected Move	5.8%	3.6%	7.3%	3.6%	4.3%
HV 20d	17.8%	14.8%	20.0%	16.0%	19.4%
HV 60d	18.4%	17.6%	19.0%	17.7%	19.0%
IV Rank	9.8%	0.0%	22.0%	0.0%	3.0%
IV Percentile	26.7%	0.0%	69.8%	0.0%	2.0%
Term Structure	-1.0%	-5.7%	7.7%	3.2%	1.4%
VWIV	23.3%	19.8%	31.1%	22.8%	19.8%
Skew 25d	2.5%	-4.9%	10.0%	7.2%	-1.6%
Skew 10d	5.7%	-0.8%	14.2%	0.1%	2.1%
Call IV 25d	22.0%	14.4%	27.3%	14.4%	22.9%
Put IV 25d	24.5%	20.2%	31.4%	21.6%	21.3%
Bid-Ask Spread %	96.89	83.10	110.61	108.34	98.88
Gamma HHI	0.28	0.20	0.48	0.34	0.27
Net GEX	92.7K	26.7K	281.1K	154.5K	44.6K
Net DEX	-1.3M	-2.2M	-878.5K	-1.5M	-1.1M
Net VEX	-4.6K	-5.2K	-4.0K	-5.1K	-4.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.35	0.00	12.00	0.00	0.00
Total Volume	6.524	0	36	1	3
Total OI	283.667	213	360	304	234

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2021-07-01	$158.38	$135.90	12.6%	3.6%	16.0%	0.0%	0.0%	7.2%	3.2%	154.5K	-1.5M	-5.1K	0.00	108.34	1	0	198	106
2021-07-02	$159.79	$135.90	13.1%	3.7%	15.8%	0.5%	0.0%	-3.9%	7.7%	135.0K	-1.8M	-5.2K	0.00	110.61	0	0	200	106
2021-07-06	$159.57	$154.64	17.1%	5.4%	15.7%	4.7%	22.8%	1.7%	1.2%	150.1K	-1.6M	-4.8K	0.00	104.34	36	0	198	106
2021-07-07	$161.31	$154.64	22.0%	5.8%	14.8%	9.7%	21.5%	4.6%	-3.1%	171.1K	-1.9M	-5.2K	0.00	110.07	7	0	217	106
2021-07-08	$160.74	$154.64	24.1%	5.4%	15.1%	11.9%	0.0%	3.2%	0.4%	188.0K	-1.8M	-5.1K	0.00	109.36	23	0	223	106
2021-07-09	$162.35	$154.64	15.0%	5.0%	15.1%	2.5%	0.0%	2.9%	1.7%	281.1K	-2.2M	-5.1K	0.00	97.28	1	0	244	106
2021-07-12	$157.35	$154.64	26.5%	6.6%	19.8%	14.4%	22.0%	2.4%	-5.7%	195.0K	-1.5M	-5.0K	0.80	85.80	5	4	243	106
2021-07-13	$156.57	$159.33	33.9%	6.9%	20.0%	22.0%	0.0%	1.1%	-3.0%	127.8K	-1.3M	-4.7K	0.00	83.10	0	0	238	110
2021-07-14	$155.45	$159.33	23.1%	6.6%	19.9%	10.8%	24.1%	0.3%	-4.8%	113.8K	-1.2M	-4.6K	12.00	84.57	2	26	238	110
2021-07-15	$154.33	$159.33	25.5%	7.3%	19.6%	16.3%	0.0%	4.2%	-4.0%	82.0K	-993.0K	-4.5K	0.00	91.44	1	0	237	123
2021-07-16	$156.40	$159.33	21.3%	6.1%	19.6%	11.0%	0.0%	1.3%	-1.4%	28.3K	-1.0M	-4.3K	0.00	93.17	0	0	236	123
2021-07-19	$156.29	$159.33	20.8%	6.0%	19.3%	10.4%	31.1%	7.4%	-3.7%	30.3K	-878.5K	-4.2K	0.00	103.13	0	14	130	83
2021-07-20	$158.96	$159.33	21.6%	6.2%	19.7%	11.3%	0.0%	0.2%	-1.6%	30.8K	-1.0M	-4.2K	0.00	98.74	0	0	130	97
2021-07-21	$158.29	$159.33	19.3%	5.5%	19.0%	8.5%	0.0%	-0.7%	-2.0%	26.8K	-949.6K	-4.4K	0.00	91.26	0	0	130	97
2021-07-22	$158.64	$159.33	23.9%	6.9%	18.7%	14.2%	0.0%	7.4%	-3.3%	26.7K	-991.5K	-4.2K	0.00	93.14	0	0	130	97
2021-07-23	$160.86	$159.33	20.8%	6.0%	18.1%	10.4%	0.0%	5.2%	-1.1%	32.6K	-1.1M	-4.4K	0.00	93.46	0	0	130	97
2021-07-26	$160.97	$159.33	15.7%	4.5%	16.7%	3.9%	22.7%	-4.9%	0.8%	37.5K	-1.1M	-4.3K	1.00	98.27	4	4	130	97
2021-07-27	$159.72	$159.33	24.5%	7.0%	17.0%	15.0%	0.0%	2.5%	-2.3%	29.5K	-1.0M	-4.4K	0.00	89.31	0	0	130	97
2021-07-28	$159.60	$159.33	23.7%	6.8%	17.0%	14.0%	0.0%	2.7%	-2.2%	32.2K	-1.0M	-4.3K	0.00	92.26	0	0	133	101
2021-07-29	$157.22	$159.33	22.2%	6.4%	17.9%	12.1%	22.2%	10.0%	0.5%	28.8K	-894.3K	-4.1K	1.00	98.22	3	3	133	101
2021-07-30	$160.57	$159.33	15.0%	4.3%	19.4%	3.0%	19.8%	-1.6%	1.4%	44.6K	-1.1M	-4.0K	0.00	98.88	3	0	133	101