LBRDA Options History — May 2024

In May 2024, LBRDA traded between $47.77 and $51.31. ATM implied volatility averaged 46.3%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 21.7% (HV 20d: 24.6%). Max pain ranged from $37.49 to $51.55. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.78.

Notable Days

  • 2024-05-20: Highest Volume — 28 contracts
  • 2024-05-03: Largest IV spike — 79.6% change
  • 2024-05-09: Highest IV Rank — 91.6%
  • 2024-05-03: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.34$47.77$51.31$48.20$51.31
Max Pain$42.17$37.49$51.55$46.86$46.86
ATM IV46.3%31.7%83.4%60.1%48.0%
Expected Move11.0%9.1%19.9%17.2%13.8%
HV 20d24.6%19.2%28.4%28.1%28.4%
HV 60d28.5%26.6%29.8%29.8%28.0%
IV Rank37.6%16.4%91.6%57.8%40.2%
IV Percentile62.3%18.7%99.2%96.0%84.5%
Term Structure-0.5%-11.5%7.2%-9.4%-11.5%
VWIV37.2%29.6%50.1%38.7%50.1%
Skew 25d5.1%-12.6%40.8%20.1%2.2%
Skew 10d6.6%-16.1%43.6%35.8%9.0%
Call IV 25d45.6%32.4%63.8%60.7%63.8%
Put IV 25d50.7%36.7%91.7%80.8%66.0%
Bid-Ask Spread %114.6696.33127.87119.97127.87
Gamma HHI0.420.360.500.440.36
Net GEX16.7K9.9K21.7K11.7K15.3K
Net DEX-424.3K-549.1K-332.5K-332.5K-500.3K
Net VEX-1.8K-2.1K-1.7K-2.1K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.005.001.000.09
Total Volume4.591028013
Total OI308.136271326300306

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$48.20$46.8660.1%17.2%28.1%57.8%0.0%20.1%-9.4%11.7K-332.5K-2.1K0.00119.9700176124
2024-05-02$48.48$46.8638.7%11.1%27.6%26.6%38.7%11.4%-0.9%14.6K-377.0K-2.0K1.00107.1111176124
2024-05-03$48.92$46.8669.4%19.9%27.3%71.3%0.0%40.8%-2.0%12.4K-375.9K-2.0K0.00118.8610177124
2024-05-06$49.60$51.5546.7%10.1%27.2%38.2%0.0%-5.6%-1.1%13.6K-413.3K-1.9K1.00124.2855178124
2024-05-07$49.15$51.5539.1%10.3%27.4%27.3%29.6%-7.2%-0.3%18.0K-429.5K-1.9K5.0096.3315184124
2024-05-08$49.88$37.4953.7%9.3%19.2%48.5%0.0%14.8%2.3%15.0K-451.9K-1.9K0.00123.5006185129
2024-05-09$48.56$37.4983.4%12.2%22.0%91.6%0.0%1.5%-6.5%13.6K-383.0K-1.9K0.00122.14180185131
2024-05-10$50.09$37.4954.1%9.9%21.5%49.0%0.0%-7.7%-0.7%19.9K-497.5K-1.8K0.00109.0900190131
2024-05-13$49.93$37.4968.1%9.9%20.9%69.3%35.9%0.5%0.6%20.6K-499.1K-1.7K0.00109.3420190131
2024-05-14$50.29$37.4975.3%9.4%20.9%79.9%0.0%-7.8%2.1%21.7K-532.3K-1.7K0.00108.6400192131
2024-05-15$49.63$37.4933.0%9.5%21.9%18.3%0.0%-8.0%2.0%18.9K-480.7K-1.8K0.00111.2820192131
2024-05-16$50.82$37.4935.8%10.3%22.9%22.4%0.0%-12.6%-1.7%18.9K-549.1K-1.7K1.50112.8423192131
2024-05-17$50.03$37.4933.1%9.5%23.7%18.4%0.0%-9.9%1.6%12.2K-476.3K-1.7K0.00113.8300192134
2024-05-20$50.20$37.4934.9%10.0%23.7%21.0%33.8%19.5%7.2%9.9K-380.1K-1.7K0.00121.44280146125
2024-05-21$49.59$37.4935.0%10.0%24.3%21.2%0.0%-10.4%0.8%18.6K-452.0K-1.8K0.00111.4100174125
2024-05-22$48.75$37.4935.1%10.1%25.2%21.4%0.0%-1.0%-1.8%19.1K-398.1K-1.8K0.00113.0050174124
2024-05-23$47.77$37.4936.8%10.5%25.9%23.8%34.8%18.1%-4.2%18.8K-336.2K-1.9K0.00117.1503179124
2024-05-24$48.31$46.8632.3%9.3%26.2%17.3%0.0%10.4%2.5%19.5K-363.2K-1.9K0.00109.3200179127
2024-05-28$48.25$46.8637.0%10.6%25.7%24.1%0.0%10.8%-1.2%20.1K-366.7K-1.8K0.00111.0700179127
2024-05-29$48.24$46.8631.7%9.1%25.5%16.4%0.0%14.9%5.9%19.6K-350.3K-1.8K0.00108.8600179127
2024-05-30$49.48$46.8637.0%10.6%25.6%24.1%0.0%17.4%5.6%14.8K-389.3K-1.9K0.00125.1100179127
2024-05-31$51.31$46.8648.0%13.8%28.4%40.2%50.1%2.2%-11.5%15.3K-500.3K-1.8K0.09127.87121179127