LBRDA Options History — April 2024

In April 2024, LBRDA traded between $45.20 and $51.97. ATM implied volatility averaged 48.9%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 20.7% (HV 20d: 28.3%). Max pain ranged from $46.86 to $51.55. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 3.58.

Notable Days

  • 2024-04-26: Highest Volume — 136 contracts
  • 2024-04-04: Largest IV spike — 63.3% change
  • 2024-04-09: Highest IV Rank — 77.2%
  • 2024-04-17: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.50$45.20$51.97$51.97$47.01
Max Pain$49.42$46.86$51.55$51.55$46.86
ATM IV48.9%34.8%73.5%48.4%46.8%
Expected Move13.0%10.0%18.4%13.9%13.4%
HV 20d28.3%22.9%32.5%32.5%26.5%
HV 60d47.3%29.7%48.8%47.8%29.7%
IV Rank41.5%21.0%77.2%40.7%38.4%
IV Percentile82.6%40.1%98.8%90.5%84.9%
Term Structure-3.0%-16.8%10.2%10.2%-9.5%
VWIV52.2%31.0%74.4%72.9%39.8%
Skew 25d16.3%-3.0%38.1%6.8%20.6%
Skew 10d27.2%-28.8%53.5%-9.1%38.7%
Call IV 25d53.9%30.9%74.5%74.5%58.3%
Put IV 25d70.2%53.2%88.0%81.3%78.9%
Bid-Ask Spread %113.44104.44123.94108.94121.54
Gamma HHI0.420.260.870.330.44
Net GEX2.2K-62.1K22.6K7.5K11.5K
Net DEX-149.0K-554.1K56.8K-293.7K-273.6K
Net VEX-1.6K-2.8K-1.1K-1.1K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.580.0028.000.000.00
Total Volume21.864013630
Total OI728.1362311,018865300

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$51.97$51.5548.4%13.9%32.5%40.7%72.9%6.8%10.2%7.5K-293.7K-1.1K0.00108.940378382
2024-04-02$50.66$51.5537.6%10.8%28.2%25.0%31.0%9.4%4.0%5.6K-218.7K-1.2K0.00106.371078385
2024-04-03$49.93$51.5534.8%10.0%28.5%21.0%74.4%34.6%2.1%5.3K-155.0K-1.1K3.00106.9072278285
2024-04-04$49.11$51.5556.9%12.9%28.5%53.1%0.0%32.9%10.0%3.1K-139.9K-1.2K10.00120.17111790106
2024-04-05$48.38$51.5558.3%12.1%28.4%55.2%0.0%22.3%7.0%2.7K-74.7K-1.2K0.00121.41220791107
2024-04-08$49.13$51.5570.7%14.4%29.2%73.2%60.1%5.4%-2.2%5.3K-205.7K-1.4K0.00115.50013813107
2024-04-09$49.20$51.5573.5%13.1%22.9%77.2%0.0%11.6%-1.0%3.4K-180.1K-1.4K0.00121.0100813120
2024-04-10$46.64$51.5539.6%11.3%28.1%27.9%0.0%38.1%8.7%-7297.2K-1.3K0.00123.94220813120
2024-04-11$46.98$51.5543.9%12.6%27.7%34.2%46.7%7.1%3.4%2.0K-68.4K-1.5K0.00117.4409835120
2024-04-12$45.71$51.5549.8%14.3%28.2%42.7%71.1%6.7%-12.8%2.1K18.8K-1.4K1.64115.891219835118
2024-04-15$45.20$51.5545.2%13.0%28.1%36.1%0.0%20.1%-12.4%1.0K21.3K-1.6K28.00120.64130846138
2024-04-16$45.37$51.5543.6%12.5%27.5%33.8%53.1%-3.0%2.9%-80656.8K-1.9K10.00107.55111847166
2024-04-17$45.60$46.8664.1%18.4%27.8%63.6%0.0%1.4%-16.8%57939.7K-1.9K0.00114.4100848170
2024-04-18$46.04$46.8644.2%12.7%28.4%34.6%52.3%27.0%-15.1%-2.2K-44.2K-1.9K0.00114.17120848152
2024-04-19$46.74$46.8647.0%13.5%29.4%38.7%44.5%19.2%-7.8%-62.1K-100.8K-1.8K0.00113.2501860142
2024-04-22$46.96$46.8647.4%13.6%29.5%39.3%49.9%4.7%-4.7%7.3K-232.0K-1.8K0.86118.577613398
2024-04-23$47.14$46.8649.4%14.2%29.6%42.2%48.7%26.4%-9.5%7.7K-243.7K-1.8K0.00105.4110140105
2024-04-24$47.04$46.8649.7%14.2%29.6%42.6%0.0%17.9%-11.6%7.4K-220.2K-1.9K0.00105.9410141105
2024-04-25$46.43$46.8648.9%14.0%28.0%41.4%49.1%3.1%-7.1%8.3K-196.3K-1.9K0.00104.44110142105
2024-04-26$46.54$46.8637.1%10.6%27.8%24.3%37.3%22.1%-1.7%11.4K-221.7K-1.9K0.13105.5612016153108
2024-04-29$47.28$46.8639.4%11.3%27.6%27.6%39.8%23.3%-1.7%22.6K-554.1K-2.8K0.00106.621210260124
2024-04-30$47.01$46.8646.8%13.4%26.5%38.4%0.0%20.6%-9.5%11.5K-273.6K-2.2K0.00121.5400176124