LBRDA Options History — February 2023

In February 2023, LBRDA traded between $81.58 and $90.22. ATM implied volatility averaged 35.6%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 2.1% (HV 20d: 33.6%). Max pain ranged from $70.29 to $112.46. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.12.

Notable Days

2023-02-17: Highest Volume — 63 contracts
2023-02-21: Largest IV spike — 35.0% change
2023-02-06: Highest IV Rank — 30.2%
2023-02-28: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$86.34	$81.58	$90.22	$87.86	$81.58
Max Pain	$96.06	$70.29	$112.46	$70.29	$84.35
ATM IV	35.6%	27.5%	44.7%	31.4%	44.0%
Expected Move	9.7%	7.9%	12.6%	9.0%	12.6%
HV 20d	33.6%	32.2%	35.3%	33.6%	32.3%
HV 60d	49.1%	48.1%	51.5%	51.0%	48.2%
IV Rank	17.6%	6.2%	30.2%	11.7%	29.2%
IV Percentile	33.5%	2.4%	75.0%	11.5%	71.4%
Term Structure	-1.0%	-10.5%	9.1%	-10.5%	-1.0%
VWIV	45.8%	35.7%	57.4%	53.5%	35.7%
Skew 25d	0.8%	-9.9%	8.4%	-9.9%	2.0%
Skew 10d	8.0%	0.1%	23.6%	11.0%	0.1%
Call IV 25d	39.4%	30.2%	51.8%	43.3%	51.8%
Put IV 25d	40.2%	31.5%	57.1%	33.5%	53.7%
Bid-Ask Spread %	108.96	90.04	121.01	110.80	110.91
Gamma HHI	0.24	0.17	0.32	0.23	0.32
Net GEX	1.1K	-2.9K	4.3K	1.8K	-2.9K
Net DEX	-172.7K	-249.9K	-23.9K	-216.1K	-23.9K
Net VEX	-522	-633	-403	-568	-403
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.12	0.00	1.00	0.06	1.00
Total Volume	7.211	0	63	20	0
Total OI	190.842	148	240	218	152

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
2023-02-01	$87.86	$70.29	31.4%	9.0%	33.6%	11.7%	53.5%	-9.9%	-10.5%	1.8K	-216.1K	-568	0.06	110.80	19	1	117	101
2023-02-02	$90.22	$0.00	39.2%	10.6%	32.8%	22.5%	0.0%	1.3%	-5.4%	4.3K	-249.9K	-591	0.00	108.29	1	0	101	101
2023-02-03	$88.03	$0.00	37.3%	9.0%	33.1%	19.9%	0.0%	3.3%	0.1%	2.9K	-228.1K	-621	0.00	111.39	0	0	102	101
2023-02-06	$88.02	$0.00	44.7%	8.3%	33.1%	30.2%	0.0%	1.5%	5.4%	2.6K	-229.0K	-633	0.00	105.71	2	0	102	101
2023-02-07	$87.88	$0.00	44.2%	9.5%	32.9%	29.6%	0.0%	3.6%	0.0%	2.2K	-214.1K	-615	0.00	101.90	5	0	103	101
2023-02-08	$87.69	$0.00	36.9%	10.6%	32.9%	19.4%	51.9%	-3.5%	-0.5%	2.1K	-217.7K	-606	0.00	104.38	5	0	103	101
2023-02-09	$85.68	$112.46	34.6%	9.9%	34.1%	16.2%	0.0%	1.5%	-1.0%	1.3K	-193.7K	-567	0.00	105.96	0	0	109	101
2023-02-10	$86.71	$112.46	36.1%	10.4%	34.0%	18.2%	0.0%	8.4%	-8.8%	1.5K	-195.6K	-557	0.00	105.23	0	0	109	101
2023-02-13	$87.60	$112.46	32.1%	9.2%	33.9%	12.7%	0.0%	-2.9%	-4.8%	1.4K	-212.2K	-494	0.00	98.56	4	0	109	101
2023-02-14	$86.69	$112.46	28.7%	8.2%	34.3%	8.0%	0.0%	-5.3%	9.1%	894	-206.0K	-490	0.00	105.17	0	0	109	101
2023-02-15	$88.45	$112.46	28.1%	8.1%	34.1%	7.2%	0.0%	1.6%	2.4%	2.2K	-235.9K	-587	0.00	90.04	0	0	109	101
2023-02-16	$88.66	$112.46	34.6%	9.9%	34.2%	16.2%	37.7%	-5.1%	3.6%	2.8K	-234.3K	-490	0.17	111.72	26	4	109	101
2023-02-17	$87.14	$89.03	27.5%	7.9%	32.2%	6.2%	57.4%	1.5%	2.2%	1.8K	-219.7K	-493	0.02	117.69	62	1	134	106
2023-02-21	$83.77	$89.03	37.1%	10.6%	35.3%	19.7%	38.7%	7.2%	-2.5%	17	-86.8K	-454	0.00	114.98	1	0	117	31
2023-02-22	$84.26	$84.35	35.7%	10.2%	35.1%	17.7%	35.7%	1.1%	-3.7%	-103	-92.3K	-442	1.00	120.28	1	1	117	31
2023-02-23	$84.68	$84.35	36.7%	10.5%	33.8%	19.0%	0.0%	1.0%	-3.9%	-558	-85.6K	-463	0.00	117.41	0	0	116	32
2023-02-24	$82.76	$84.35	33.6%	9.6%	33.6%	14.7%	0.0%	1.1%	-2.1%	-1.7K	-69.7K	-415	0.00	121.01	0	0	116	32
2023-02-27	$82.73	$84.35	34.6%	9.9%	32.2%	16.2%	0.0%	6.0%	2.0%	-1.2K	-70.8K	-425	0.00	108.89	0	4	116	32
2023-02-28	$81.58	$84.35	44.0%	12.6%	32.3%	29.2%	0.0%	2.0%	-1.0%	-2.9K	-23.9K	-403	0.00	110.91	0	0	116	36