LBRDA Options History — September 2022

In September 2022, LBRDA traded between $70.25 and $94.85. ATM implied volatility averaged 44.2%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 10.4% (HV 20d: 33.8%). Max pain ranged from $98.41 to $107.78. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.37.

Notable Days

2022-09-30: Highest Volume — 273 contracts
2022-09-23: Largest IV spike — 42.1% change
2022-09-12: Highest IV Rank — 53.5%
2022-09-23: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$83.50	$70.25	$94.85	$94.85	$70.25
Max Pain	$102.65	$98.41	$107.78	$103.09	$98.41
ATM IV	44.2%	34.4%	58.7%	41.1%	43.9%
Expected Move	11.5%	9.4%	14.5%	11.8%	12.6%
HV 20d	33.8%	29.1%	40.6%	30.1%	40.5%
HV 60d	40.4%	37.9%	42.3%	41.7%	41.1%
IV Rank	34.1%	20.6%	53.5%	31.4%	33.2%
IV Percentile	80.0%	50.0%	99.2%	77.0%	81.7%
Term Structure	-1.0%	-8.7%	5.1%	1.6%	-6.5%
VWIV	43.3%	21.5%	69.2%	39.2%	69.2%
Skew 25d	3.4%	-15.5%	22.1%	-15.5%	22.1%
Skew 10d	15.2%	-5.8%	53.6%	2.8%	53.6%
Call IV 25d	43.9%	30.4%	56.2%	56.1%	54.0%
Put IV 25d	47.3%	33.0%	76.2%	40.7%	76.2%
Bid-Ask Spread %	101.30	94.83	106.40	94.83	101.09
Gamma HHI	0.38	0.16	0.60	0.56	0.18
Net GEX	-21.3K	-32.3K	-9.5K	-23.1K	-11.9K
Net DEX	546.9K	306.0K	696.3K	306.0K	631.9K
Net VEX	-1.4K	-1.7K	-960	-1.7K	-1.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.37	0.00	4.00	0.72	3.06
Total Volume	92.905	0	273	0	273
Total OI	223.476	155	262	238	242

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
2022-09-01	$94.85	$103.09	41.1%	11.8%	30.1%	31.4%	0.0%	-15.5%	1.6%	-23.1K	306.0K	-1.7K	0.00	94.83	0	0	118	120
2022-09-02	$92.57	$103.09	41.5%	11.9%	29.7%	31.5%	0.0%	6.4%	-8.7%	-24.5K	364.4K	-1.7K	0.00	100.69	0	0	118	120
2022-09-06	$89.76	$107.78	43.1%	11.8%	29.4%	33.6%	39.2%	1.4%	-5.1%	-21.8K	446.1K	-1.5K	0.72	98.87	105	76	118	120
2022-09-07	$90.98	$107.78	51.1%	11.9%	29.9%	43.8%	38.9%	9.5%	-4.8%	-23.1K	433.0K	-1.5K	0.92	99.28	105	96	118	120
2022-09-08	$89.02	$107.78	46.8%	11.0%	29.1%	38.3%	0.0%	-5.2%	-1.5%	-26.8K	520.2K	-1.7K	0.00	100.33	0	0	118	140
2022-09-09	$92.10	$107.78	52.9%	9.4%	32.8%	46.2%	0.0%	2.6%	4.2%	-32.1K	473.2K	-1.6K	0.00	103.37	11	0	118	140
2022-09-12	$92.44	$107.78	58.7%	10.1%	31.2%	53.5%	0.0%	2.1%	-0.4%	-32.3K	485.6K	-1.5K	0.00	104.08	0	0	110	140
2022-09-13	$88.58	$107.78	58.5%	10.8%	31.7%	53.3%	38.1%	-4.8%	2.5%	-26.8K	606.3K	-1.4K	0.84	96.76	114	96	110	140
2022-09-14	$87.82	$107.78	38.0%	10.9%	31.5%	25.8%	0.0%	5.1%	-1.6%	-28.6K	576.6K	-1.4K	0.00	106.40	0	0	110	134
2022-09-15	$83.69	$103.09	38.8%	11.1%	32.3%	26.9%	30.8%	-2.0%	0.1%	-24.5K	577.5K	-1.3K	0.00	105.48	0	28	110	130
2022-09-16	$85.11	$103.09	40.8%	11.7%	33.9%	29.0%	39.9%	1.9%	-2.4%	-23.3K	615.7K	-1.2K	0.91	101.47	114	103	110	152
2022-09-19	$85.24	$103.09	34.4%	9.9%	34.2%	20.6%	45.8%	8.5%	2.8%	-25.5K	573.2K	-1.2K	0.00	102.68	2	0	15	140
2022-09-20	$84.29	$98.41	39.8%	11.4%	33.2%	27.7%	42.4%	11.4%	-4.6%	-22.3K	575.6K	-1.1K	0.00	99.30	0	3	17	138
2022-09-21	$82.13	$98.41	37.0%	10.6%	33.5%	24.1%	0.0%	13.0%	3.1%	-21.6K	616.7K	-1.0K	0.33	105.60	3	1	17	141
2022-09-22	$78.70	$98.41	35.7%	10.2%	35.4%	22.4%	21.5%	11.7%	-1.9%	-15.6K	696.3K	-960	4.00	102.01	14	55	20	142
2022-09-23	$75.84	$98.41	50.7%	14.5%	35.4%	42.1%	54.7%	-9.9%	2.6%	-12.6K	553.4K	-1.6K	0.00	104.97	0	16	34	156
2022-09-26	$72.12	$98.41	44.9%	12.9%	37.0%	34.5%	53.8%	-1.8%	5.1%	-9.5K	589.1K	-1.3K	1.75	98.55	67	117	34	155
2022-09-27	$71.67	$98.41	41.7%	11.9%	37.0%	30.2%	40.1%	-6.1%	0.6%	-12.9K	633.9K	-1.6K	1.75	102.72	67	117	66	177
2022-09-28	$74.02	$98.41	44.3%	12.7%	40.6%	33.7%	45.8%	14.3%	-3.6%	-14.8K	595.6K	-1.7K	1.75	98.00	67	117	66	177
2022-09-29	$72.36	$98.41	44.3%	12.7%	40.5%	33.6%	45.7%	7.6%	-3.2%	-12.8K	615.9K	-1.5K	1.75	100.85	67	117	66	176
2022-09-30	$70.25	$98.41	43.9%	12.6%	40.5%	33.2%	69.2%	22.1%	-6.5%	-11.9K	631.9K	-1.5K	3.06	101.09	67	206	66	176