LBRDA Options History — December 2022

In December 2022, LBRDA traded between $64.81 and $84.55. ATM implied volatility averaged 43.7%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded below realized volatility by 12.3% (HV 20d: 56.0%). 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 15 of 21 days. Put/call ratio averaged 17.74.

Notable Days

2022-12-19: Highest Volume — 342 contracts
2022-12-28: Largest IV spike — 61.4% change
2022-12-13: Highest IV Rank — 80.3%
2022-12-29: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$74.31	$64.81	$84.55	$83.85	$70.73
Max Pain	$70.96	$46.86	$74.98	$70.29	$70.29
ATM IV	43.7%	26.9%	80.1%	33.1%	39.0%
Expected Move	10.3%	7.7%	13.2%	9.5%	11.2%
HV 20d	56.0%	30.9%	69.7%	40.9%	69.7%
HV 60d	48.2%	41.1%	54.2%	42.6%	51.7%
IV Rank	31.2%	8.7%	80.3%	17.1%	22.2%
IV Percentile	52.7%	4.0%	99.6%	23.8%	53.6%
Term Structure	2.6%	-3.4%	11.2%	2.9%	1.5%
VWIV	48.1%	35.8%	79.6%	37.0%	44.4%
Skew 25d	3.4%	-16.5%	12.0%	1.1%	9.1%
Skew 10d	7.7%	-19.4%	25.8%	4.6%	10.7%
Call IV 25d	41.6%	28.5%	57.2%	45.9%	54.7%
Put IV 25d	45.0%	30.9%	64.3%	47.0%	63.9%
Bid-Ask Spread %	102.00	94.00	115.24	115.24	109.53
Gamma HHI	0.43	0.20	0.78	0.63	0.25
Net GEX	9.8K	-22.3K	66.6K	28.3K	-10.3K
Net DEX	-53.3K	-695.9K	490.4K	-353.9K	108.6K
Net VEX	-1.4K	-1.7K	-1.0K	-1.6K	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	17.74	0.00	159.50	0.00	0.00
Total Volume	40.286	0	342	6	0
Total OI	400.762	222	624	227	624

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
2022-12-01	$83.85	$70.29	33.1%	9.5%	40.9%	17.1%	37.0%	1.1%	2.9%	28.3K	-353.9K	-1.6K	0.00	115.24	0	6	125	102
2022-12-02	$84.55	$46.86	40.0%	11.5%	39.5%	26.3%	0.0%	1.2%	6.2%	17.5K	-375.5K	-1.6K	0.00	111.13	0	0	125	102
2022-12-05	$83.39	$74.98	36.8%	10.9%	40.1%	22.0%	0.0%	4.4%	0.1%	28.8K	-358.3K	-1.5K	0.00	105.78	80	0	125	102
2022-12-06	$79.67	$74.98	46.8%	11.2%	43.9%	35.5%	46.8%	-4.9%	-1.6%	43.7K	-288.4K	-1.7K	0.00	104.88	1	0	205	102
2022-12-07	$80.49	$74.98	61.9%	10.4%	44.0%	55.8%	0.0%	5.3%	2.8%	43.5K	-409.7K	-1.7K	0.00	95.87	0	0	206	102
2022-12-08	$80.11	$74.98	62.6%	10.4%	43.4%	56.8%	0.0%	6.8%	3.6%	42.9K	-363.1K	-1.7K	0.00	94.00	0	0	206	102
2022-12-09	$81.97	$74.98	62.8%	10.4%	35.3%	57.1%	0.0%	7.0%	5.3%	43.1K	-552.2K	-1.7K	0.00	98.35	0	0	206	102
2022-12-12	$82.92	$74.98	74.6%	9.5%	30.9%	72.9%	0.0%	6.4%	4.2%	45.6K	-618.6K	-1.4K	0.00	94.22	0	0	206	102
2022-12-13	$84.55	$74.98	80.1%	12.6%	31.5%	80.3%	0.0%	8.0%	-3.4%	66.6K	-695.9K	-1.6K	1.88	104.24	27	50	206	102
2022-12-14	$71.61	$74.98	35.2%	10.1%	66.6%	19.9%	35.8%	12.0%	0.3%	-8.3K	490.4K	-1.0K	3.70	99.73	11	39	230	153
2022-12-15	$68.47	$70.29	31.6%	9.1%	67.8%	15.1%	39.9%	6.9%	5.7%	-13.3K	193.1K	-1.1K	0.06	101.95	134	7	241	125
2022-12-16	$65.10	$70.29	39.3%	11.3%	69.1%	25.4%	44.8%	10.6%	6.5%	-22.3K	326.6K	-1.1K	24.00	100.80	2	51	165	132
2022-12-19	$64.81	$70.29	34.7%	10.0%	69.2%	19.3%	55.8%	-16.5%	10.7%	-13.0K	327.1K	-1.2K	159.50	98.55	2	340	61	161
2022-12-20	$65.03	$70.29	31.6%	9.1%	69.4%	15.1%	54.5%	-6.5%	-0.7%	-13.4K	334.3K	-1.1K	6.00	99.29	1	6	62	499
2022-12-21	$67.16	$70.29	29.1%	8.3%	68.7%	11.7%	42.5%	-1.2%	1.9%	-13.8K	261.2K	-1.2K	0.00	101.74	4	0	63	495
2022-12-22	$67.54	$70.29	32.0%	9.2%	68.6%	15.6%	79.6%	-3.6%	-1.7%	-11.9K	203.5K	-1.2K	0.00	99.76	0	11	63	488
2022-12-23	$69.37	$70.29	30.7%	8.8%	69.6%	13.9%	44.4%	3.1%	-0.4%	-12.4K	172.0K	-1.3K	0.00	97.91	0	11	63	498
2022-12-27	$69.40	$70.29	26.9%	7.7%	69.6%	8.7%	0.0%	7.5%	11.2%	-13.9K	187.3K	-1.3K	0.00	99.70	10	0	63	504
2022-12-28	$69.03	$70.29	43.4%	12.4%	69.4%	30.9%	0.0%	5.4%	-1.1%	-10.6K	171.6K	-1.5K	0.00	100.21	53	0	70	504
2022-12-29	$70.76	$70.29	46.0%	13.2%	69.7%	34.5%	0.0%	9.8%	1.3%	-10.5K	120.6K	-1.3K	0.00	109.08	0	0	120	504
2022-12-30	$70.73	$70.29	39.0%	11.2%	69.7%	22.2%	0.0%	9.1%	1.5%	-10.3K	108.6K	-1.3K	0.00	109.53	0	0	120	504