LBRDA Options History — March 2022

In March 2022, LBRDA traded between $123.31 and $133.00. ATM implied volatility averaged 33.8%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 6.3% (HV 20d: 27.5%). Max pain ranged from $117.15 to $135.90. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.60.

Notable Days

  • 2022-03-02: Highest Volume — 134 contracts
  • 2022-03-23: Largest IV spike — 32.7% change
  • 2022-03-07: Highest IV Rank — 50.8%
  • 2022-03-08: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$126.68$123.31$133.00$133.00$123.31
Max Pain$128.57$117.15$135.90$135.90$117.15
ATM IV33.8%23.0%46.3%37.1%38.1%
Expected Move10.2%8.3%13.6%10.6%10.0%
HV 20d27.5%19.1%31.1%23.9%22.9%
HV 60d26.5%25.6%27.3%25.6%27.3%
IV Rank32.0%15.7%50.8%36.9%38.4%
IV Percentile79.5%44.4%96.4%91.3%91.7%
Term Structure0.1%-8.1%7.1%-1.4%-1.4%
VWIV41.2%30.7%53.7%39.4%36.3%
Skew 25d0.8%-5.0%6.9%0.9%4.6%
Skew 10d8.1%-5.1%21.9%-2.4%7.9%
Call IV 25d37.7%32.0%43.0%35.5%37.1%
Put IV 25d38.5%32.2%43.9%36.4%41.7%
Bid-Ask Spread %93.5568.38114.32108.7776.05
Gamma HHI0.520.390.610.610.39
Net GEX-40.7K-55.9K-26.2K-55.9K-26.2K
Net DEX534.9K262.6K783.8K262.6K737.6K
Net VEX-5.1K-6.6K-3.8K-4.2K-6.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.530.750.620.58
Total Volume123.783118134128125
Total OI349.565292429295429

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$133.00$135.9037.1%10.6%23.9%36.9%39.4%0.9%-1.4%-55.9K262.6K-4.2K0.62108.777949121174
2022-03-02$127.22$135.9033.8%9.7%28.1%32.0%41.4%-1.1%-0.9%-45.2K595.9K-4.1K0.64106.838252121174
2022-03-03$126.00$135.9035.9%10.3%27.8%35.2%44.7%-3.1%-5.0%-39.6K559.0K-4.2K0.75106.557455124168
2022-03-04$123.38$135.9042.3%12.1%28.3%44.8%42.2%-2.7%-2.6%-34.5K783.8K-3.8K0.75104.027455129171
2022-03-07$123.72$135.9046.3%13.3%28.2%50.8%50.7%1.4%-3.9%-31.2K702.6K-4.2K0.57111.657744132174
2022-03-08$123.42$135.9039.2%13.6%28.2%40.1%51.4%1.5%-8.1%-31.0K751.6K-4.4K0.57103.737744136180
2022-03-09$126.01$135.9035.5%12.0%29.6%34.6%50.7%1.5%-3.8%-38.1K621.7K-4.6K0.57113.067744140184
2022-03-10$126.39$135.9034.4%11.0%29.1%32.8%50.7%-0.2%0.7%-37.8K703.5K-4.6K0.57110.017744143187
2022-03-11$126.97$135.9034.0%11.8%29.2%32.3%53.7%2.3%-1.1%-41.6K514.9K-5.2K0.57114.327744146190
2022-03-14$125.01$121.8436.8%9.7%29.5%36.6%33.9%2.8%-0.5%-35.3K662.3K-4.8K0.5780.617744149193
2022-03-15$126.44$121.8436.1%9.2%30.0%35.4%32.6%3.8%-3.2%-38.0K624.3K-5.3K0.5790.587744153196
2022-03-16$126.95$121.8431.4%9.1%30.0%28.4%32.0%-3.0%3.0%-44.6K654.2K-5.2K0.5386.187842156200
2022-03-17$129.51$0.0031.0%9.6%31.1%27.7%0.0%4.6%5.3%-54.6K455.4K-5.5K0.5385.587842160204
2022-03-18$128.67$0.0031.2%9.8%29.5%28.0%0.0%6.9%2.9%-41.3K581.2K-5.4K0.5877.117845163207
2022-03-21$127.18$0.0028.4%8.5%29.7%23.8%0.0%-5.0%2.7%-42.6K356.0K-5.1K0.55100.027642164185
2022-03-22$128.90$0.0023.0%8.3%30.2%15.7%0.0%-3.0%7.1%-52.6K286.6K-5.2K0.5585.137642168188
2022-03-23$127.26$0.0030.5%9.2%27.5%27.0%0.0%4.0%0.2%-42.9K347.8K-5.4K0.5587.007642171191
2022-03-24$126.46$0.0028.5%8.4%26.7%24.1%0.0%-2.8%-3.4%-33.2K330.5K-5.5K0.5680.357844174194
2022-03-25$125.24$0.0028.3%9.4%24.2%23.7%30.7%3.0%5.1%-30.9K549.4K-5.6K0.6492.967850179200
2022-03-28$126.53$117.1531.5%9.6%24.8%28.5%33.6%4.9%5.3%-38.5K513.6K-5.8K0.6673.667851185211
2022-03-29$128.23$117.1529.4%9.6%24.8%25.3%38.7%-4.7%4.6%-52.1K354.6K-6.1K0.6689.127851190218
2022-03-30$127.89$117.1534.5%9.1%19.1%33.0%37.2%2.0%-0.1%-48.5K353.7K-6.6K0.6768.387852195223
2022-03-31$123.31$117.1538.1%10.0%22.9%38.4%36.3%4.6%-1.4%-26.2K737.6K-6.5K0.5876.057946201228