LBRDA Options History — December 2021

In December 2021, LBRDA traded between $138.31 and $151.92. ATM implied volatility averaged 31.9%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 7.2% (HV 20d: 24.7%). Max pain ranged from $145.27 to $154.64. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.29.

Notable Days

  • 2021-12-03: Highest Volume — 553 contracts
  • 2021-12-15: Largest IV drop — 44.5% change
  • 2021-12-14: Highest IV Rank — 61.2%
  • 2021-12-03: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$144.72$138.31$151.92$139.98$151.63
Max Pain$153.36$145.27$154.64$145.27$154.64
ATM IV31.9%20.4%53.2%35.8%24.1%
Expected Move8.3%5.8%12.2%10.2%6.9%
HV 20d24.7%19.9%27.1%21.2%19.9%
HV 60d25.1%24.0%25.7%24.0%25.3%
IV Rank29.1%11.8%61.2%34.9%17.4%
IV Percentile77.5%31.3%98.4%91.7%54.0%
Term Structure-0.1%-9.5%8.5%-3.9%0.6%
VWIV34.6%24.8%49.1%42.9%26.1%
Skew 25d3.7%-1.3%13.7%9.7%0.1%
Skew 10d7.8%-3.0%20.1%16.7%-0.3%
Call IV 25d29.9%21.7%39.9%38.2%27.4%
Put IV 25d33.6%27.5%49.4%47.9%27.5%
Bid-Ask Spread %94.3381.03102.6287.57101.07
Gamma HHI0.360.240.420.360.24
Net GEX-293.6K-592.5K-33.2K-329.1K-33.2K
Net DEX3.1M56.0K6.0M4.4M56.0K
Net VEX-12.0K-15.8K-5.2K-14.7K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.651.801.321.74
Total Volume403.864257553530269
Total OI1,164.9097981,4991,325808

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-12-01$139.98$145.2735.8%10.2%21.2%34.9%42.9%9.7%-3.9%-329.1K4.4M-14.7K1.3287.57228302555770
2021-12-02$144.25$145.2735.0%10.0%22.2%33.8%40.7%13.7%-5.7%-304.0K3.5M-13.9K1.3290.69228302560770
2021-12-03$146.49$145.2742.5%12.2%23.2%45.1%49.1%9.4%-9.5%-264.3K3.0M-14.3K1.2096.14251302560770
2021-12-06$148.07$154.6433.9%8.8%23.5%32.1%36.8%6.3%-2.6%-258.4K2.3M-13.4K1.2081.03251302583770
2021-12-07$145.60$154.6434.8%8.0%23.9%33.5%35.1%5.4%-1.1%-342.4K2.8M-12.7K1.0885.07256277585770
2021-12-08$143.30$154.6438.0%9.0%24.1%38.3%34.7%2.2%-2.2%-390.0K3.5M-12.8K1.1195.26256284590771
2021-12-09$139.27$154.6433.5%8.8%25.5%31.5%36.5%-1.1%-2.2%-420.3K4.9M-12.5K1.1292.27256287590778
2021-12-10$138.31$154.6432.4%8.6%25.4%29.8%36.5%2.9%-1.7%-458.9K6.0M-15.8K1.0990.54262287590898
2021-12-13$138.64$154.6446.7%8.3%25.4%51.5%37.2%0.2%0.7%-486.4K5.8M-15.1K0.6993.43262181600898
2021-12-14$139.62$154.6453.2%8.9%25.2%61.2%39.2%-1.3%-1.0%-488.7K5.4M-14.7K0.6891.14262179600898
2021-12-15$138.80$154.6429.5%8.5%25.2%25.5%32.3%1.1%0.2%-496.1K5.7M-14.0K0.6594.63262171600899
2021-12-16$141.55$154.6430.6%8.8%26.6%27.2%32.4%-0.9%-3.1%-592.5K4.8M-13.4K0.6596.27262171600898
2021-12-17$143.38$154.6427.7%7.9%27.0%22.8%32.5%3.8%1.6%-216.1K3.9M-12.1K0.6893.63253171600898
2021-12-20$143.90$154.6429.6%8.5%27.1%25.6%33.0%6.0%1.2%-208.8K2.3M-11.6K1.8097.9692165161637
2021-12-21$145.07$154.6427.0%7.7%26.2%21.8%37.8%5.3%5.7%-204.0K2.1M-11.5K1.7097.4697165161637
2021-12-22$144.94$154.6426.5%7.6%25.9%20.9%39.9%1.0%8.5%-223.1K2.1M-11.3K1.6892.8798165161638
2021-12-23$147.79$154.6424.2%7.0%26.9%17.6%30.3%4.3%0.3%-194.7K1.6M-10.6K1.7695.6494165162638
2021-12-27$149.22$154.6426.7%7.6%27.1%21.2%30.3%2.6%-3.6%-168.9K1.4M-9.6K1.6896.8498165162638
2021-12-28$150.97$154.6425.6%7.3%26.9%19.6%27.1%0.3%4.4%-143.3K859.6K-8.6K1.74102.5398171170638
2021-12-29$151.08$154.6420.4%5.8%22.8%11.8%24.8%3.1%4.5%-123.1K638.9K-8.0K1.74100.6898171170638
2021-12-30$151.92$154.6424.2%6.9%22.1%17.6%26.6%8.1%6.0%-112.6K577.0K-7.7K1.74102.6298171170638
2021-12-31$151.63$154.6424.1%6.9%19.9%17.4%26.1%0.1%0.6%-33.2K56.0K-5.2K1.74101.0798171170638