LBRDA Options History — December 2024

In December 2024, LBRDA traded between $69.49 and $80.21. ATM implied volatility averaged 31.6%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 6.6% (HV 20d: 38.3%). Max pain ranged from $60.92 to $84.35. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.83.

Notable Days

2024-12-13: Highest Volume — 12 contracts
2024-12-26: Largest IV spike — 25.3% change
2024-12-09: Highest IV Rank — 15.6%
2024-12-03: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$74.66	$69.49	$80.21	$78.82	$69.49
Max Pain	$67.84	$60.92	$84.35	$84.35	$70.29
ATM IV	31.6%	25.5%	41.2%	34.0%	26.0%
Expected Move	8.6%	7.3%	10.3%	9.7%	7.5%
HV 20d	38.3%	23.8%	40.5%	40.1%	40.0%
HV 60d	56.6%	43.2%	67.7%	64.5%	43.2%
IV Rank	8.0%	3.2%	15.6%	9.9%	3.6%
IV Percentile	12.1%	0.4%	45.6%	13.9%	0.8%
Term Structure	6.0%	-8.6%	12.8%	-8.6%	12.8%
VWIV	33.9%	30.7%	39.3%	33.9%	30.7%
Skew 25d	-0.3%	-19.0%	10.2%	-13.1%	2.1%
Skew 10d	4.6%	-10.1%	13.7%	4.6%	0.3%
Call IV 25d	34.1%	23.8%	52.3%	44.1%	25.8%
Put IV 25d	33.8%	27.0%	51.0%	31.0%	28.0%
Bid-Ask Spread %	104.55	85.83	123.02	120.91	103.36
Gamma HHI	0.28	0.21	0.33	0.30	0.29
Net GEX	3.9K	2.7K	5.3K	3.5K	2.8K
Net DEX	-161.5K	-290.4K	-36.5K	-274.6K	-36.5K
Net VEX	-549	-628	-444	-471	-500
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.00	2.00	2.00	0.50
Total Volume	1.381	0	12	2	0
Total OI	78.19	73	85	80	77

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
2024-12-02	$78.82	$84.35	34.0%	9.7%	40.1%	9.9%	0.0%	-13.1%	-8.6%	3.5K	-274.6K	-471	0.00	120.91	0	2	47	33
2024-12-03	$80.15	$84.35	35.9%	10.3%	39.9%	11.4%	0.0%	-18.8%	-5.3%	3.9K	-286.5K	-445	0.00	122.88	0	0	47	33
2024-12-04	$80.07	$84.35	35.9%	10.3%	39.5%	11.4%	0.0%	-19.0%	-8.3%	3.1K	-290.3K	-444	0.00	123.02	0	0	47	33
2024-12-05	$80.21	$60.92	36.0%	7.9%	26.5%	11.5%	0.0%	3.8%	7.6%	3.4K	-286.9K	-464	0.00	109.77	0	0	47	33
2024-12-06	$79.96	$60.92	38.3%	7.8%	23.8%	13.3%	33.9%	3.9%	7.7%	3.3K	-290.4K	-447	0.00	115.52	0	1	47	33
2024-12-09	$72.91	$60.92	41.2%	9.2%	38.3%	15.6%	0.0%	10.2%	-1.5%	4.8K	-189.2K	-556	0.00	111.57	0	1	47	33
2024-12-10	$74.55	$60.92	31.6%	8.3%	39.5%	8.0%	0.0%	2.2%	6.1%	5.3K	-214.9K	-541	2.00	85.91	1	2	47	32
2024-12-11	$75.36	$60.92	28.6%	8.2%	40.2%	5.6%	0.0%	2.0%	6.7%	5.3K	-221.5K	-588	0.00	86.97	0	0	48	34
2024-12-12	$77.69	$60.92	26.1%	7.5%	40.5%	3.6%	0.0%	2.5%	8.5%	4.8K	-258.8K	-543	0.00	90.59	0	3	48	34
2024-12-13	$76.83	$60.92	28.6%	8.2%	38.6%	5.7%	39.3%	2.2%	7.1%	4.5K	-236.6K	-609	0.00	85.83	12	0	48	37
2024-12-16	$76.05	$60.92	29.4%	8.4%	38.5%	6.3%	0.0%	2.1%	6.2%	4.4K	-139.8K	-579	0.00	89.68	0	0	36	37
2024-12-17	$74.69	$60.92	28.2%	8.1%	38.7%	5.3%	0.0%	2.6%	7.2%	4.5K	-117.8K	-594	0.00	89.34	0	0	36	37
2024-12-18	$72.25	$60.92	31.6%	9.0%	40.1%	8.0%	31.5%	2.8%	5.8%	4.6K	-77.9K	-601	0.00	88.17	0	3	36	37
2024-12-19	$72.02	$70.29	34.5%	9.9%	39.8%	10.3%	0.0%	1.8%	10.6%	2.7K	-73.2K	-628	0.00	117.81	0	0	36	41
2024-12-20	$72.19	$70.29	33.6%	9.6%	39.8%	9.6%	0.0%	1.3%	10.9%	3.0K	-65.8K	-623	0.50	117.22	2	1	36	41
2024-12-23	$70.90	$70.29	26.9%	7.7%	39.7%	4.3%	30.7%	3.3%	11.5%	4.2K	-62.7K	-605	0.00	97.05	0	1	38	38
2024-12-24	$71.36	$70.29	25.5%	7.3%	39.8%	3.2%	0.0%	3.2%	12.0%	4.6K	-68.6K	-600	0.00	98.87	0	0	38	39
2024-12-26	$71.84	$70.29	31.9%	9.2%	40.0%	8.3%	0.0%	-3.0%	6.1%	3.6K	-83.0K	-587	0.00	119.80	0	0	38	39
2024-12-27	$70.68	$70.29	34.7%	10.0%	40.2%	10.5%	0.0%	-1.2%	10.3%	2.8K	-74.1K	-594	0.00	120.10	0	0	38	39
2024-12-30	$69.83	$70.29	26.1%	7.5%	40.0%	3.6%	0.0%	2.5%	12.3%	3.1K	-42.5K	-512	0.00	101.25	0	0	38	39
2024-12-31	$69.49	$70.29	26.0%	7.5%	40.0%	3.6%	0.0%	2.1%	12.8%	2.8K	-36.5K	-500	0.00	103.36	0	0	38	39