LBRDA Options History — February 2022

In February 2022, LBRDA traded between $130.13 and $141.79. ATM implied volatility averaged 33.0%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 5.5% (HV 20d: 27.5%). Max pain ranged from $135.90 to $135.90. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.69.

Notable Days

2022-02-02: Highest Volume — 156 contracts
2022-02-02: Largest IV drop — 22.4% change
2022-02-23: Highest IV Rank — 41.6%
2022-02-23: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$138.08	$130.13	$141.79	$138.17	$135.39
Max Pain	$135.90	$135.90	$135.90	$135.90	$135.90
ATM IV	33.0%	26.2%	40.2%	33.7%	33.9%
Expected Move	9.5%	7.5%	11.5%	9.7%	9.7%
HV 20d	27.5%	23.0%	31.8%	31.8%	23.5%
HV 60d	25.5%	25.1%	26.6%	25.2%	26.1%
IV Rank	30.8%	20.5%	41.6%	31.8%	32.1%
IV Percentile	82.4%	64.7%	93.7%	83.7%	85.3%
Term Structure	-1.0%	-7.0%	8.8%	1.5%	-1.2%
VWIV	34.4%	30.5%	39.0%	35.1%	39.0%
Skew 25d	3.1%	-3.4%	9.2%	1.8%	1.9%
Skew 10d	8.5%	-1.0%	26.3%	4.2%	7.6%
Call IV 25d	31.9%	24.5%	40.1%	30.7%	39.3%
Put IV 25d	35.0%	27.1%	42.7%	32.5%	41.2%
Bid-Ask Spread %	101.72	96.37	109.83	106.92	106.86
Gamma HHI	0.62	0.57	0.84	0.60	0.60
Net GEX	-66.4K	-198.7K	-44.7K	-59.8K	-55.5K
Net DEX	89.2K	-141.9K	533.2K	174.7K	139.4K
Net VEX	-4.8K	-5.3K	-4.2K	-5.3K	-4.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.51	0.97	0.88	0.62
Total Volume	133.632	120	156	148	128
Total OI	302.789	292	321	306	295

Daily Data (19 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
2022-02-01	$138.17	$135.90	33.7%	9.7%	31.8%	31.8%	35.1%	1.8%	1.5%	-59.8K	174.7K	-5.3K	0.88	106.92	79	69	118	188
2022-02-02	$139.19	$135.90	26.2%	7.5%	31.5%	20.5%	30.7%	1.1%	8.8%	-59.0K	47.9K	-5.2K	0.97	107.44	79	77	118	185
2022-02-03	$139.33	$135.90	31.8%	8.8%	30.3%	28.9%	34.6%	2.1%	0.7%	-54.7K	27.9K	-5.1K	0.97	96.37	79	77	118	181
2022-02-04	$139.97	$135.90	32.3%	9.3%	30.4%	29.7%	33.6%	4.9%	-1.1%	-55.2K	-19.1K	-5.1K	0.97	96.69	79	77	118	181
2022-02-07	$139.58	$135.90	32.3%	9.3%	27.9%	29.7%	34.1%	6.7%	-2.0%	-58.9K	6.4K	-4.9K	0.77	96.76	79	61	118	182
2022-02-08	$140.02	$135.90	31.0%	9.1%	27.6%	27.8%	32.6%	2.2%	-0.5%	-61.3K	-37.2K	-4.8K	0.51	98.26	79	41	118	182
2022-02-09	$141.79	$135.90	30.1%	8.6%	27.5%	26.4%	31.2%	4.1%	-0.0%	-57.9K	-141.9K	-4.6K	0.51	97.50	79	41	118	184
2022-02-10	$140.49	$135.90	31.8%	9.1%	27.7%	29.0%	31.6%	3.6%	-0.9%	-62.9K	-73.0K	-4.6K	0.51	99.52	79	41	118	184
2022-02-11	$139.89	$135.90	33.1%	9.5%	27.7%	30.9%	38.0%	3.9%	-2.3%	-59.6K	-23.1K	-4.9K	0.51	99.50	79	41	118	184
2022-02-14	$140.15	$135.90	32.6%	9.3%	27.2%	30.2%	34.4%	3.4%	-1.6%	-65.0K	-43.1K	-4.5K	0.51	103.80	79	41	118	185
2022-02-15	$140.64	$135.90	31.4%	9.0%	23.0%	28.4%	30.5%	-3.4%	-0.1%	-65.6K	-106.1K	-4.3K	0.74	102.90	79	59	118	185
2022-02-16	$141.45	$135.90	32.0%	9.2%	23.0%	29.4%	32.5%	9.2%	0.3%	-69.1K	-52.0K	-4.9K	0.74	103.68	79	59	118	203
2022-02-17	$137.19	$135.90	35.6%	10.2%	25.6%	34.7%	35.7%	-0.5%	-2.1%	-79.0K	212.4K	-5.0K	0.74	97.79	79	59	118	203
2022-02-18	$136.36	$135.90	36.4%	10.4%	25.7%	35.9%	35.4%	5.1%	-4.2%	-198.7K	269.5K	-4.9K	0.74	99.18	79	59	118	203
2022-02-22	$135.13	$135.90	35.9%	10.3%	26.0%	35.2%	36.8%	7.0%	-1.4%	-49.2K	195.8K	-4.6K	0.62	100.95	76	47	117	175
2022-02-23	$130.13	$135.90	40.2%	11.5%	29.2%	41.6%	37.9%	0.8%	-6.2%	-44.7K	533.2K	-4.6K	0.61	100.77	77	47	118	175
2022-02-24	$132.40	$135.90	37.1%	10.6%	28.0%	37.0%	34.9%	-0.4%	-7.0%	-47.8K	439.3K	-4.2K	0.62	109.83	79	49	118	175
2022-02-25	$136.17	$135.90	30.3%	8.7%	29.1%	26.7%	34.2%	5.4%	-0.2%	-58.4K	143.1K	-4.4K	0.62	107.92	79	49	121	177
2022-02-28	$135.39	$135.90	33.9%	9.7%	23.5%	32.1%	39.0%	1.9%	-1.2%	-55.5K	139.4K	-4.4K	0.62	106.86	79	49	121	174