LBRDA Options History — March 2026

In March 2026, LBRDA traded between $48.56 and $54.63. ATM implied volatility averaged 41.5%, placing in the 47.5% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 5.4% (HV 20d: 36.0%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.31.

Notable Days

2026-03-09: Highest Volume — 24 contracts
2026-03-31: Largest IV drop — 11.6% change
2026-03-30: Highest IV Rank — 60.6%
2026-03-30: Largest Expected Move — 13.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.61	$48.56	$54.63	$54.63	$51.06
Max Pain	$45.79	$45.00	$50.00	$50.00	$45.00
ATM IV	41.5%	38.8%	47.5%	39.3%	42.0%
Expected Move	11.8%	10.9%	13.6%	11.3%	12.0%
HV 20d	36.0%	30.3%	43.3%	43.1%	35.8%
HV 60d	41.2%	39.8%	42.8%	39.8%	42.8%
IV Rank	47.5%	41.8%	60.6%	42.8%	48.7%
IV Percentile	66.0%	56.7%	87.7%	59.1%	67.9%
Term Structure	5.0%	-2.3%	12.5%	-2.3%	12.5%
VWIV	40.5%	38.8%	46.1%	39.9%	46.1%
Skew 25d	7.4%	3.2%	13.4%	3.2%	9.6%
Skew 10d	18.2%	11.0%	28.5%	12.6%	19.7%
Call IV 25d	37.0%	34.4%	38.8%	38.4%	35.6%
Put IV 25d	44.4%	41.6%	50.9%	41.6%	45.2%
Bid-Ask Spread %	61.49	36.88	99.74	99.25	52.18
Gamma HHI	0.27	0.22	0.42	0.34	0.23
Net GEX	1.1K	-3.6K	5.2K	5.2K	2.3K
Net DEX	-68.0K	-133.5K	-3.3K	-133.5K	-58.2K
Net VEX	-433	-536	-334	-536	-334
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.31	0.00	2.00	0.00	2.00
Total Volume	3	0	24	0	0
Total OI	283.263	250	311	311	250

Daily Data (19 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
2026-03-02	$54.63	$50.00	39.3%	11.3%	43.1%	42.8%	0.0%	3.2%	-2.3%	5.2K	-133.5K	-536	0.00	99.25	0	0	107	204
2026-03-03	$53.42	$50.00	38.8%	11.1%	43.3%	41.8%	0.0%	3.4%	-2.1%	3.5K	-110.4K	-520	0.00	95.08	0	0	107	204
2026-03-04	$54.03	$50.00	39.8%	11.4%	42.8%	44.0%	39.9%	5.8%	-1.8%	4.2K	-121.9K	-524	0.00	99.74	8	0	107	204
2026-03-05	$53.44	$45.00	38.8%	10.9%	34.9%	41.8%	0.0%	4.9%	4.8%	2.9K	-109.4K	-501	0.00	77.19	0	0	105	204
2026-03-06	$54.06	$45.00	41.1%	11.5%	34.6%	46.7%	39.0%	6.1%	3.7%	3.6K	-118.1K	-500	0.00	82.08	2	0	105	204
2026-03-09	$52.28	$45.00	43.7%	12.2%	34.5%	52.3%	0.0%	5.9%	1.4%	1.0K	-78.4K	-485	0.00	78.70	24	0	103	204
2026-03-10	$51.21	$45.00	44.5%	11.8%	33.6%	54.2%	0.0%	6.7%	3.0%	127	-64.3K	-455	0.00	78.74	10	0	91	204
2026-03-11	$51.89	$45.00	41.7%	12.0%	30.3%	48.1%	38.8%	6.9%	2.3%	231	-73.3K	-458	0.00	85.71	4	0	81	204
2026-03-12	$50.12	$45.00	40.4%	0.0%	30.8%	45.1%	0.0%	7.2%	3.5%	-1.1K	-32.3K	-442	0.00	44.53	0	0	77	204
2026-03-13	$50.56	$45.00	40.4%	0.0%	31.2%	45.2%	0.0%	7.5%	3.9%	-1.0K	-39.3K	-420	0.00	43.23	0	0	77	204
2026-03-16	$50.72	$45.00	39.5%	11.6%	31.3%	43.3%	0.0%	7.4%	4.1%	-1.5K	-39.6K	-409	0.00	41.15	0	0	77	204
2026-03-17	$51.64	$45.00	42.4%	12.3%	32.3%	49.6%	0.0%	8.4%	2.9%	-879	-55.8K	-406	0.00	42.15	0	0	77	204
2026-03-18	$48.56	$45.00	40.7%	11.5%	38.0%	45.9%	0.0%	8.2%	4.5%	-2.0K	-3.3K	-395	0.00	41.97	0	0	77	204
2026-03-19	$49.44	$45.00	40.4%	11.3%	37.3%	45.2%	0.0%	8.2%	11.9%	-3.6K	-20.2K	-380	0.00	38.76	0	0	77	204
2026-03-23	$50.48	$45.00	40.4%	11.4%	38.3%	45.2%	39.8%	9.6%	11.8%	1.8K	-54.9K	-363	0.50	40.68	2	1	59	192
2026-03-24	$50.59	$45.00	41.2%	11.6%	38.3%	47.0%	39.6%	9.6%	11.3%	2.0K	-57.8K	-378	0.00	36.88	3	0	61	193
2026-03-27	$51.05	$45.00	45.2%	13.0%	37.6%	55.6%	46.1%	9.7%	11.0%	2.0K	-59.2K	-374	2.00	40.45	1	2	60	193
2026-03-30	$51.37	$45.00	47.5%	13.6%	36.2%	60.6%	0.0%	13.4%	8.9%	2.2K	-61.5K	-352	0.00	49.86	0	0	59	191
2026-03-31	$51.06	$45.00	42.0%	12.0%	35.8%	48.7%	0.0%	9.6%	12.5%	2.3K	-58.2K	-334	0.00	52.18	0	0	59	191