LBRDA Options History — June 2023

In June 2023, LBRDA traded between $65.84 and $74.65. ATM implied volatility averaged 40.8%, placing in the 24.8% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 10.6% (HV 20d: 30.2%). Max pain ranged from $60.92 to $70.29. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.05.

Notable Days

2023-06-15: Highest Volume — 62 contracts
2023-06-14: Largest IV drop — 64.6% change
2023-06-13: Highest IV Rank — 92.1%
2023-06-29: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$70.51	$65.84	$74.65	$69.77	$74.65
Max Pain	$61.81	$60.92	$70.29	$70.29	$60.92
ATM IV	40.8%	27.4%	89.1%	34.5%	35.4%
Expected Move	9.8%	7.6%	11.7%	9.9%	10.1%
HV 20d	30.2%	24.7%	41.6%	26.3%	41.2%
HV 60d	34.0%	32.0%	37.8%	33.7%	37.4%
IV Rank	24.8%	6.3%	92.1%	16.1%	17.3%
IV Percentile	42.6%	3.2%	99.2%	23.8%	31.3%
Term Structure	0.3%	-19.1%	14.2%	-4.7%	-10.0%
VWIV	43.3%	32.3%	54.4%	54.4%	32.3%
Skew 25d	3.1%	-28.5%	17.1%	-11.6%	-0.7%
Skew 10d	0.6%	-40.8%	32.1%	-0.2%	-9.6%
Call IV 25d	40.1%	27.4%	63.9%	47.0%	53.8%
Put IV 25d	43.2%	28.9%	55.4%	35.5%	53.0%
Bid-Ask Spread %	104.39	92.88	114.40	100.04	108.45
Gamma HHI	0.32	0.23	0.51	0.26	0.45
Net GEX	640	-1.3K	5.8K	-715	4.6K
Net DEX	-3.4K	-50.1K	13.4K	9.1K	-32.1K
Net VEX	-148	-386	-48	-90	-296
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.05	0.00	0.24	0.00	0.00
Total Volume	8.333	0	62	0	2
Total OI	170.143	121	244	182	159

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
2023-06-01	$69.77	$70.29	34.5%	9.9%	26.3%	16.1%	0.0%	-11.6%	-4.7%	-715	9.1K	-90	0.00	100.04	0	0	124	58
2023-06-02	$69.67	$70.29	35.6%	10.2%	24.7%	17.6%	0.0%	-28.5%	-6.3%	-708	7.2K	-84	0.00	104.57	0	0	124	58
2023-06-05	$70.88	$60.92	38.5%	7.6%	25.3%	21.7%	0.0%	-16.0%	12.2%	-435	2.9K	-61	0.00	97.24	0	0	124	58
2023-06-06	$69.87	$60.92	51.3%	9.8%	25.6%	39.5%	0.0%	8.5%	2.0%	-789	13.2K	-95	0.00	92.88	0	0	124	58
2023-06-07	$71.70	$60.92	48.0%	11.2%	25.2%	34.9%	0.0%	1.8%	0.5%	-339	3.1K	-67	0.00	96.95	0	0	124	58
2023-06-08	$71.14	$60.92	57.8%	11.3%	25.3%	48.5%	0.0%	13.1%	-1.5%	-419	6.8K	-93	0.00	107.16	0	0	124	58
2023-06-09	$69.19	$60.92	38.8%	10.1%	26.9%	22.1%	0.0%	1.7%	4.3%	-953	8.8K	-71	0.00	97.03	0	0	124	58
2023-06-12	$70.38	$60.92	60.6%	11.0%	27.4%	52.4%	0.0%	17.1%	-2.8%	-1.3K	13.4K	-85	0.00	93.63	0	2	124	59
2023-06-13	$70.21	$60.92	89.1%	9.4%	27.1%	92.1%	0.0%	1.2%	2.2%	-1.1K	8.0K	-58	0.00	112.00	0	0	124	58
2023-06-14	$70.25	$60.92	31.6%	9.1%	26.6%	12.1%	0.0%	1.4%	1.9%	-993	6.5K	-48	0.00	113.86	0	0	124	58
2023-06-15	$72.17	$60.92	32.3%	9.2%	28.3%	13.0%	0.0%	15.3%	12.5%	-447	2.7K	-56	0.00	111.60	62	0	124	58
2023-06-16	$71.79	$60.92	35.2%	10.1%	27.5%	17.1%	54.4%	2.3%	-1.5%	1.9K	-15.1K	-187	0.24	114.40	27	6	186	58
2023-06-20	$69.03	$60.92	33.7%	9.7%	30.6%	14.9%	0.0%	13.1%	-7.5%	588	-3.5K	-85	0.00	111.57	36	0	101	20
2023-06-21	$68.36	$60.92	27.4%	7.9%	30.6%	6.3%	0.0%	6.8%	-0.5%	777	-4.6K	-146	0.00	103.63	19	0	101	20
2023-06-22	$66.83	$60.92	34.9%	10.0%	31.2%	16.6%	0.0%	5.8%	3.7%	2.7K	-33.0K	-379	0.00	101.82	0	14	121	20
2023-06-23	$65.84	$60.92	30.0%	8.6%	31.2%	9.8%	0.0%	11.6%	14.2%	-74	7.4K	-235	0.00	110.31	0	1	121	34
2023-06-26	$67.35	$60.92	35.2%	10.1%	30.1%	17.1%	0.0%	-8.0%	0.4%	-59	5.5K	-189	0.00	106.42	0	1	121	35
2023-06-27	$73.07	$60.92	32.9%	9.4%	41.3%	13.8%	32.3%	7.5%	2.3%	2.7K	-13.8K	-241	0.00	99.21	3	0	121	36
2023-06-28	$74.45	$60.92	32.9%	9.4%	41.6%	13.8%	0.0%	12.9%	3.9%	2.8K	-13.7K	-156	0.00	104.52	0	1	122	36
2023-06-29	$74.15	$60.92	40.9%	11.7%	41.1%	25.0%	0.0%	9.9%	-19.1%	5.8K	-50.1K	-386	0.00	104.89	0	1	122	36
2023-06-30	$74.65	$60.92	35.4%	10.1%	41.2%	17.3%	0.0%	-0.7%	-10.0%	4.6K	-32.1K	-296	0.00	108.45	0	2	122	37