LBRDK Options History — June 2016

In June 2016, LBRDK traded between $56.76 and $60.30. ATM implied volatility averaged 42.7%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 17.9% (HV 20d: 24.8%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.15.

Notable Days

2016-06-06: Highest Volume — 166 contracts
2016-06-06: Largest IV spike — 72.0% change
2016-06-06: Highest IV Rank — 39.0%
2016-06-28: Largest Expected Move — 15.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$59.22	$56.76	$60.30	$59.51	$59.92
Max Pain	$55.00	$55.00	$55.00	$55.00	$55.00
ATM IV	42.7%	25.3%	70.4%	38.3%	50.6%
Expected Move	11.1%	7.3%	15.2%	11.0%	14.5%
HV 20d	24.8%	17.9%	27.0%	25.8%	26.5%
HV 60d	23.9%	22.2%	25.8%	25.1%	25.8%
IV Rank	14.5%	0.0%	39.0%	8.7%	23.0%
IV Percentile	34.7%	0.0%	89.3%	16.4%	63.8%
Term Structure	-8.9%	-23.2%	12.0%	9.8%	-23.1%
VWIV	40.6%	40.6%	40.6%	40.6%	40.6%
Skew 25d	2.9%	-17.4%	11.0%	-17.4%	4.7%
Skew 10d	12.1%	8.0%	26.9%	26.9%	14.7%
Call IV 25d	52.6%	39.6%	69.1%	49.2%	69.0%
Put IV 25d	55.5%	31.8%	74.2%	31.8%	73.7%
Bid-Ask Spread %	125.18	101.78	127.62	101.78	126.93
Gamma HHI	0.87	0.51	1.00	0.51	1.00
Net GEX	14.8K	4.1K	22.8K	4.1K	13.9K
Net DEX	-333.2K	-457.3K	-124.4K	-124.4K	-293.3K
Net VEX	-1.7K	-2.0K	-515	-515	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.15	0.28	1.47	0.31	1.37
Total Volume	90.136	64	166	139	64
Total OI	182.773	98	221	98	154

Daily Data (22 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
2016-06-01	$59.51	$55.00	38.3%	11.0%	25.8%	8.7%	40.6%	-17.4%	9.8%	4.1K	-124.4K	-515	0.31	101.78	106	33	45	53
2016-06-02	$60.15	$0.00	42.3%	8.8%	26.0%	12.5%	0.0%	2.8%	-2.8%	21.2K	-457.3K	-1.6K	0.28	125.88	116	33	135	53
2016-06-03	$59.95	$0.00	40.9%	9.4%	26.0%	11.2%	0.0%	2.8%	-2.7%	17.2K	-435.1K	-1.6K	0.28	124.48	116	33	135	53
2016-06-06	$59.00	$0.00	70.4%	9.5%	26.7%	39.0%	0.0%	2.5%	-3.7%	11.0K	-343.7K	-1.7K	0.43	123.42	116	50	135	53
2016-06-07	$59.54	$0.00	62.1%	9.5%	26.9%	31.1%	0.0%	2.8%	-10.3%	14.6K	-326.9K	-1.9K	1.19	125.37	42	50	135	70
2016-06-08	$59.89	$0.00	32.6%	9.3%	26.4%	3.3%	0.0%	3.0%	-5.7%	20.3K	-446.7K	-2.0K	1.19	126.40	42	50	151	70
2016-06-09	$60.16	$0.00	32.9%	9.4%	26.4%	3.7%	0.0%	2.7%	-6.3%	19.9K	-452.8K	-2.0K	1.19	126.20	42	50	151	70
2016-06-10	$60.29	$0.00	34.0%	9.7%	25.8%	4.7%	0.0%	2.7%	-6.8%	19.9K	-457.1K	-1.9K	1.19	126.03	42	50	151	70
2016-06-13	$58.91	$0.00	36.4%	10.4%	27.0%	7.0%	0.0%	3.4%	-11.3%	12.5K	-385.4K	-1.9K	1.19	126.02	42	50	151	70
2016-06-14	$58.83	$0.00	35.8%	10.3%	25.5%	6.3%	0.0%	2.9%	-6.0%	18.2K	-425.6K	-1.9K	1.19	126.10	42	50	151	70
2016-06-15	$58.82	$0.00	25.3%	7.3%	25.2%	0.0%	0.0%	11.0%	12.0%	19.8K	-387.9K	-1.8K	1.47	126.57	34	50	151	70
2016-06-16	$59.48	$0.00	36.8%	10.6%	25.4%	10.5%	0.0%	3.0%	-11.3%	22.8K	-435.4K	-1.8K	1.47	126.42	34	50	151	70
2016-06-17	$59.37	$0.00	37.1%	10.6%	25.4%	10.7%	0.0%	3.1%	-11.8%	12.6K	-419.0K	-1.8K	1.47	126.97	34	50	151	70
2016-06-20	$59.40	$0.00	39.3%	11.3%	22.8%	12.7%	0.0%	3.3%	-12.2%	15.1K	-306.4K	-1.8K	1.37	126.94	27	37	117	37
2016-06-21	$59.20	$0.00	40.1%	11.5%	20.1%	13.5%	0.0%	3.5%	-14.3%	12.5K	-302.3K	-1.7K	1.37	126.69	27	37	117	37
2016-06-22	$59.56	$0.00	40.9%	11.7%	18.6%	14.2%	0.0%	3.5%	-13.6%	11.9K	-255.8K	-1.7K	1.37	127.16	27	37	117	37
2016-06-23	$60.30	$0.00	41.6%	11.9%	17.9%	14.8%	0.0%	4.2%	-13.3%	12.8K	-297.4K	-1.7K	1.37	126.91	27	37	117	37
2016-06-24	$57.41	$0.00	49.5%	14.2%	24.9%	21.9%	0.0%	4.6%	-10.8%	11.2K	-192.0K	-1.6K	1.37	126.74	27	37	117	37
2016-06-27	$56.76	$0.00	50.0%	14.3%	25.2%	22.5%	0.0%	4.9%	-11.2%	9.3K	-181.4K	-1.6K	1.37	127.62	27	37	117	37
2016-06-28	$57.20	$0.00	53.1%	15.2%	25.2%	25.3%	0.0%	5.1%	-16.2%	11.7K	-174.6K	-1.6K	1.37	126.43	27	37	117	37
2016-06-29	$59.29	$0.00	49.6%	14.2%	26.5%	22.1%	0.0%	4.1%	-23.2%	13.3K	-230.1K	-1.6K	1.37	126.86	27	37	117	37
2016-06-30	$59.92	$0.00	50.6%	14.5%	26.5%	23.0%	0.0%	4.7%	-23.1%	13.9K	-293.3K	-1.7K	1.37	126.93	27	37	117	37