LBRDA Options History — August 2023

In August 2023, LBRDA traded between $82.14 and $89.50. ATM implied volatility averaged 32.9%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 10.3% (HV 20d: 22.7%). Max pain ranged from $65.60 to $65.60. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.58.

Notable Days

  • 2023-08-10: Highest Volume — 41 contracts
  • 2023-08-07: Largest IV spike — 36.4% change
  • 2023-08-07: Highest IV Rank — 30.8%
  • 2023-08-01: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.78$82.14$89.50$84.18$88.30
Max Pain$65.60$65.60$65.60$65.60$65.60
ATM IV32.9%23.4%44.2%39.6%31.9%
Expected Move9.1%6.7%11.3%11.3%9.2%
HV 20d22.7%19.4%25.8%23.7%23.5%
HV 60d30.2%29.0%31.2%30.9%30.1%
IV Rank14.5%0.7%30.8%24.1%13.1%
IV Percentile25.7%0.4%75.8%62.7%18.3%
Term Structure0.9%-5.6%10.9%-2.6%-2.8%
VWIV38.2%30.9%46.6%37.2%46.6%
Skew 25d4.1%-7.7%12.5%-0.1%0.6%
Skew 10d1.9%-23.9%30.2%5.5%-23.9%
Call IV 25d35.5%29.4%44.7%39.5%44.7%
Put IV 25d39.5%30.0%46.0%39.5%45.3%
Bid-Ask Spread %103.2977.83119.9185.25119.91
Gamma HHI0.380.170.820.220.73
Net GEX19.0K1.6K163.0K5.0K16.9K
Net DEX-266.2K-448.9K-104.1K-104.1K-396.2K
Net VEX-1.4K-1.9K-976-1.5K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.004.000.090.00
Total Volume4.78304100
Total OI354.13324405334333

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$84.18$65.6039.6%11.3%23.7%24.1%0.0%-0.1%-2.6%5.0K-104.1K-1.5K0.0085.2500125209
2023-08-02$86.04$65.6038.3%11.0%24.3%22.3%37.2%3.6%-3.5%9.4K-169.2K-1.3K0.09105.83252125209
2023-08-03$86.90$65.6043.6%10.0%24.3%30.0%0.0%7.6%-0.2%11.9K-190.1K-1.7K4.0077.8314133211
2023-08-04$85.34$65.6032.4%10.5%25.8%13.7%0.0%5.5%-3.4%9.1K-181.4K-1.5K0.0081.2300134216
2023-08-07$86.06$65.6044.2%9.9%25.4%30.8%0.0%4.3%-1.2%12.9K-222.6K-1.4K0.0095.4401134216
2023-08-08$85.91$65.6042.2%9.1%25.3%28.0%0.0%9.8%0.6%13.1K-224.6K-1.1K0.00106.5802134217
2023-08-09$86.02$65.6035.1%10.1%25.0%17.6%0.0%7.2%-1.8%13.9K-228.3K-1.0K0.0099.54011134219
2023-08-10$87.68$65.6031.4%9.0%25.5%12.3%30.9%9.8%1.5%14.4K-230.8K-9760.00108.64410134229
2023-08-11$87.42$65.6030.2%8.7%23.2%10.5%0.0%3.8%3.0%19.6K-424.4K-1.4K0.00102.4002173229
2023-08-14$87.13$65.6032.5%9.3%23.2%13.9%0.0%12.5%1.8%23.8K-448.9K-1.2K0.00106.3902173227
2023-08-15$86.83$65.6028.1%8.1%19.9%7.5%38.0%6.9%0.1%19.3K-391.6K-1.8K0.00106.1110173229
2023-08-16$86.37$65.6037.3%10.7%19.9%20.7%0.0%7.4%-2.5%19.1K-378.8K-1.7K0.0099.2900173229
2023-08-17$85.31$65.6031.5%9.0%20.0%12.4%0.0%1.9%6.6%18.1K-334.5K-1.6K0.00111.9704173229
2023-08-18$84.25$65.6031.1%8.9%20.7%11.8%0.0%1.1%3.9%163.0K-271.6K-1.4K0.00112.8804173232
2023-08-21$83.67$65.6026.4%7.6%20.7%5.0%46.6%-6.9%10.9%6.4K-194.3K-1.4K0.00108.592092232
2023-08-22$82.14$65.6023.4%6.7%21.6%0.7%0.0%4.1%5.1%4.5K-189.3K-1.4K0.00103.720094232
2023-08-23$82.76$65.6027.7%7.9%21.2%6.9%0.0%-7.7%1.7%5.6K-183.0K-1.3K0.00106.200194232
2023-08-24$82.71$65.6029.6%8.5%19.9%9.7%0.0%8.1%2.0%1.6K-127.1K-1.9K0.00113.440094233
2023-08-25$83.63$65.6027.3%7.8%19.4%6.3%0.0%7.1%3.4%5.7K-175.2K-1.5K0.0098.570094233
2023-08-28$86.06$65.6032.4%9.3%20.5%13.8%0.0%2.4%1.9%9.2K-244.0K-1.5K0.00101.274094233
2023-08-29$89.50$65.6028.6%8.2%24.3%8.2%0.0%4.2%1.7%17.4K-391.3K-1.2K0.00109.843097233
2023-08-30$88.62$65.6032.5%9.3%23.7%13.8%0.0%0.3%-5.6%17.0K-420.6K-1.1K0.00114.7700100233
2023-08-31$88.30$65.6031.9%9.2%23.5%13.1%0.0%0.6%-2.8%16.9K-396.2K-1.1K0.00119.9100100233