LBRDA Options History — November 2022

In November 2022, LBRDA traded between $75.05 and $84.90. ATM implied volatility averaged 39.4%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded below realized volatility by 2.2% (HV 20d: 41.6%). Max pain ranged from $46.86 to $74.98. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.69.

Notable Days

2022-11-08: Highest Volume — 512 contracts
2022-11-07: Largest IV spike — 28.2% change
2022-11-01: Highest IV Rank — 49.0%
2022-11-01: Largest Expected Move — 16.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$80.82	$75.05	$84.90	$78.81	$84.85
Max Pain	$66.27	$46.86	$74.98	$74.98	$70.29
ATM IV	39.4%	25.7%	56.0%	56.0%	25.7%
Expected Move	11.0%	7.4%	16.1%	16.1%	7.4%
HV 20d	41.6%	36.5%	44.8%	38.1%	41.8%
HV 60d	41.4%	38.6%	43.1%	39.2%	42.6%
IV Rank	26.4%	7.2%	49.0%	49.0%	7.2%
IV Percentile	55.0%	2.4%	96.4%	96.4%	2.4%
Term Structure	1.0%	-15.4%	13.5%	-15.4%	13.5%
VWIV	43.0%	22.8%	61.3%	57.8%	22.8%
Skew 25d	3.6%	-7.7%	13.7%	-7.7%	1.5%
Skew 10d	6.8%	-4.6%	23.6%	0.7%	3.4%
Call IV 25d	41.4%	30.7%	66.1%	66.1%	38.8%
Put IV 25d	45.0%	28.2%	70.4%	58.4%	40.2%
Bid-Ask Spread %	100.48	86.37	111.75	90.52	110.18
Gamma HHI	0.21	0.14	0.53	0.15	0.53
Net GEX	-470	-9.3K	21.3K	-6.3K	21.3K
Net DEX	-55.1K	-269.1K	102.2K	42.6K	-269.1K
Net VEX	-1.5K	-1.8K	-1.3K	-1.8K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.00	1.63	1.22	0.00
Total Volume	190.476	0	512	116	27
Total OI	391.619	157	637	224	200

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
2022-11-01	$78.81	$74.98	56.0%	16.1%	38.1%	49.0%	57.8%	-7.7%	-15.4%	-6.3K	42.6K	-1.8K	1.22	90.52	52	64	66	158
2022-11-02	$76.88	$74.98	53.0%	15.2%	39.3%	45.1%	61.3%	13.2%	-13.9%	-8.9K	64.7K	-1.7K	1.63	98.53	52	85	66	158
2022-11-03	$75.05	$46.86	42.1%	10.8%	40.1%	30.8%	51.9%	-2.2%	-0.2%	-8.4K	91.5K	-1.6K	1.46	86.37	53	78	66	136
2022-11-04	$75.66	$46.86	37.2%	9.3%	38.4%	24.3%	49.3%	0.7%	10.4%	-9.3K	89.0K	-1.6K	0.22	95.28	368	80	67	153
2022-11-07	$76.09	$46.86	47.7%	11.0%	38.3%	38.1%	49.7%	-2.4%	7.6%	-7.8K	102.2K	-1.6K	0.15	93.14	434	65	383	153
2022-11-08	$76.35	$46.86	44.9%	12.0%	36.5%	34.5%	41.6%	3.8%	3.3%	-7.3K	60.3K	-1.6K	0.16	95.57	442	70	450	154
2022-11-09	$75.06	$70.29	36.1%	10.3%	36.7%	22.9%	36.4%	3.7%	4.6%	-7.9K	98.4K	-1.6K	0.51	98.69	138	70	458	154
2022-11-10	$80.88	$70.29	38.7%	11.1%	41.5%	26.3%	38.6%	4.7%	-2.0%	-2.5K	-37.4K	-1.5K	0.77	92.32	98	76	483	154
2022-11-11	$84.84	$70.29	39.9%	11.4%	43.4%	27.9%	40.7%	7.8%	-1.4%	855	-111.0K	-1.5K	0.57	98.65	133	76	481	147
2022-11-14	$83.79	$70.29	38.0%	10.9%	43.9%	25.5%	41.6%	10.3%	2.0%	526	-139.9K	-1.5K	0.57	94.01	132	76	471	147
2022-11-15	$84.90	$70.29	40.2%	11.5%	43.5%	26.7%	53.3%	9.8%	2.7%	1.4K	-163.1K	-1.5K	0.46	93.81	166	76	471	147
2022-11-16	$84.11	$70.29	36.5%	10.5%	42.2%	21.7%	43.5%	1.5%	3.0%	862	-113.1K	-1.7K	0.43	91.07	166	71	471	147
2022-11-17	$81.96	$70.29	37.4%	10.7%	43.9%	22.9%	38.1%	2.3%	10.7%	1.1K	-96.2K	-1.5K	0.43	108.13	166	71	471	146
2022-11-18	$80.63	$70.29	38.3%	11.0%	44.5%	24.1%	40.3%	5.5%	3.5%	489	-92.7K	-1.4K	0.43	106.42	166	71	471	146
2022-11-21	$79.92	$70.29	40.5%	11.6%	44.2%	27.0%	45.2%	13.7%	-3.7%	-2.4K	-29.7K	-1.3K	1.04	110.00	59	61	64	93
2022-11-22	$83.18	$70.29	38.3%	11.0%	44.8%	24.1%	30.0%	-1.8%	4.5%	-1.7K	-63.8K	-1.4K	1.18	111.75	59	69	64	94
2022-11-23	$83.84	$70.29	34.1%	9.8%	44.8%	18.4%	31.9%	2.8%	1.6%	-1.4K	-81.2K	-1.4K	1.14	110.99	61	69	64	102
2022-11-25	$84.45	$70.29	35.8%	10.3%	44.0%	20.8%	0.0%	8.8%	-1.0%	-662	-77.4K	-1.4K	0.00	111.35	0	0	66	102
2022-11-28	$82.76	$70.29	36.2%	10.4%	42.1%	21.2%	0.0%	1.7%	-6.0%	12.5K	-202.2K	-1.5K	0.00	107.72	0	0	98	102
2022-11-29	$83.18	$70.29	31.7%	9.1%	42.1%	15.2%	0.0%	-2.5%	-1.9%	15.7K	-229.5K	-1.4K	0.00	105.60	0	0	98	102
2022-11-30	$84.85	$70.29	25.7%	7.4%	41.8%	7.2%	22.8%	1.5%	13.5%	21.3K	-269.1K	-1.4K	0.00	110.18	27	0	98	102