LBRDA Options History — September 2024

In September 2024, LBRDA traded between $54.92 and $73.22. ATM implied volatility averaged 42.5%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 2.2% (HV 20d: 40.2%). Max pain ranged from $42.17 to $65.60. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.97.

Notable Days

2024-09-24: Highest Volume — 142 contracts
2024-09-18: Largest IV spike — 70.8% change
2024-09-10: Highest IV Rank — 32.9%
2024-09-03: Largest Expected Move — 14.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$59.89	$54.92	$73.22	$56.71	$72.41
Max Pain	$48.27	$42.17	$65.60	$56.23	$65.60
ATM IV	42.5%	21.5%	62.3%	50.2%	48.5%
Expected Move	10.8%	6.2%	14.4%	14.4%	13.9%
HV 20d	40.2%	21.1%	93.1%	22.4%	93.1%
HV 60d	44.7%	37.5%	64.2%	38.6%	64.2%
IV Rank	17.4%	0.9%	32.9%	23.4%	22.1%
IV Percentile	51.8%	0.8%	90.1%	79.0%	75.0%
Term Structure	0.8%	-19.2%	16.0%	-14.6%	-0.4%
VWIV	50.5%	28.8%	120.7%	120.7%	28.8%
Skew 25d	7.8%	-23.3%	21.1%	-18.0%	21.1%
Skew 10d	12.6%	-7.4%	35.0%	-7.4%	7.7%
Call IV 25d	42.3%	31.7%	68.6%	66.3%	43.5%
Put IV 25d	50.1%	35.9%	64.6%	48.3%	64.6%
Bid-Ask Spread %	114.58	88.84	127.56	127.56	95.89
Gamma HHI	0.30	0.20	0.43	0.36	0.27
Net GEX	1.9K	101	4.6K	2.1K	4.1K
Net DEX	-96.2K	-278.1K	-30.3K	-50.5K	-246.9K
Net VEX	-643	-1.4K	-392	-423	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.00	3.00	0.14	3.00
Total Volume	12.05	0	142	2	1
Total OI	191.6	159	290	159	290

Daily Data (20 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
2024-09-03	$56.71	$56.23	50.2%	14.4%	22.4%	23.4%	120.7%	-18.0%	-14.6%	2.1K	-50.5K	-423	0.00	127.56	0	2	37	122
2024-09-04	$55.43	$56.23	49.2%	14.1%	23.4%	22.6%	0.0%	-23.3%	-19.2%	1.5K	-41.9K	-407	0.00	127.49	0	0	37	124
2024-09-05	$56.19	$42.17	52.3%	9.3%	24.0%	25.1%	47.9%	11.0%	2.9%	2.2K	-52.0K	-405	0.00	119.33	0	5	37	124
2024-09-06	$55.72	$42.17	52.5%	8.8%	23.7%	25.2%	0.0%	0.7%	4.0%	2.0K	-46.8K	-395	0.00	123.26	0	1	37	129
2024-09-09	$55.17	$42.17	59.4%	9.8%	23.8%	30.7%	0.0%	13.0%	0.3%	1.5K	-41.8K	-392	0.00	120.41	0	0	37	129
2024-09-10	$55.09	$42.17	62.3%	9.7%	21.7%	32.9%	0.0%	16.5%	1.4%	182	-30.3K	-475	0.14	120.75	7	1	37	129
2024-09-11	$54.92	$42.17	34.1%	9.8%	21.1%	10.8%	0.0%	7.9%	0.4%	101	-40.9K	-562	0.00	120.52	0	1	41	130
2024-09-12	$56.12	$42.17	33.3%	9.5%	22.2%	10.1%	0.0%	0.4%	4.5%	1.7K	-58.5K	-485	0.00	121.76	0	0	41	131
2024-09-13	$56.24	$42.17	35.2%	10.1%	21.7%	11.7%	0.0%	9.5%	0.2%	2.3K	-60.1K	-452	0.00	122.71	0	0	41	131
2024-09-16	$56.70	$42.17	34.4%	9.9%	21.9%	11.0%	0.0%	18.5%	3.8%	359	-57.9K	-517	0.00	120.33	0	1	41	131
2024-09-17	$56.59	$42.17	21.5%	6.2%	21.9%	0.9%	0.0%	-0.7%	16.0%	690	-56.6K	-525	0.00	120.80	0	0	41	132
2024-09-18	$57.70	$42.17	36.7%	10.5%	22.8%	12.8%	32.7%	18.4%	4.2%	799	-65.4K	-516	0.00	120.88	3	0	41	132
2024-09-19	$56.36	$42.17	40.4%	11.6%	24.3%	15.7%	0.0%	15.0%	-7.3%	1.9K	-66.4K	-491	0.00	119.03	0	0	44	132
2024-09-20	$55.40	$42.17	38.2%	10.9%	23.8%	14.0%	0.0%	11.1%	-7.5%	2.2K	-45.5K	-473	0.00	121.63	0	0	44	132
2024-09-23	$56.10	$42.17	38.4%	11.0%	22.4%	14.2%	0.0%	20.1%	-0.5%	1.5K	-61.1K	-489	0.00	117.74	0	0	44	126
2024-09-24	$71.96	$42.17	45.5%	13.1%	91.5%	19.8%	42.4%	14.3%	12.4%	3.2K	-238.3K	-487	1.22	89.04	64	78	44	126
2024-09-25	$69.48	$65.60	40.2%	11.5%	92.9%	15.6%	47.1%	6.3%	5.4%	2.1K	-187.4K	-1.3K	1.00	100.58	25	25	98	170
2024-09-26	$70.25	$65.60	40.4%	11.6%	92.8%	15.7%	39.3%	-3.6%	4.1%	3.5K	-197.0K	-1.4K	0.44	92.94	10	4	106	179
2024-09-27	$73.22	$65.60	36.6%	10.5%	93.1%	12.7%	44.8%	17.7%	4.8%	4.6K	-278.1K	-1.4K	3.00	88.84	3	10	106	179
2024-09-30	$72.41	$65.60	48.5%	13.9%	93.1%	22.1%	28.8%	21.1%	-0.4%	4.1K	-246.9K	-1.4K	0.00	95.89	0	1	106	184