LBRDK Options History — October 2016

In October 2016, LBRDK traded between $64.77 and $70.95. ATM implied volatility averaged 36.6%, placing in the 15.3% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 19.2% (HV 20d: 17.4%). Max pain ranged from $75.00 to $75.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.83.

Notable Days

2016-10-25: Highest Volume — 70 contracts
2016-10-12: Largest IV drop — 66.0% change
2016-10-11: Highest IV Rank — 29.7%
2016-10-31: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.36	$64.77	$70.95	$70.95	$66.35
Max Pain	$75.00	$75.00	$75.00	$75.00	$75.00
ATM IV	36.6%	18.4%	54.2%	39.9%	46.1%
Expected Move	9.2%	5.2%	13.2%	11.4%	13.2%
HV 20d	17.4%	13.8%	20.1%	18.2%	20.1%
HV 60d	21.2%	19.9%	22.8%	19.9%	22.6%
IV Rank	15.3%	0.0%	29.7%	17.3%	23.7%
IV Percentile	30.7%	0.0%	74.5%	35.0%	55.1%
Term Structure	-10.0%	-23.2%	6.4%	-9.5%	-15.2%
VWIV	50.7%	35.3%	72.6%	35.3%	72.6%
Skew 25d	4.2%	-1.3%	11.8%	3.7%	0.6%
Skew 10d	9.6%	2.5%	22.0%	12.0%	22.0%
Call IV 25d	44.3%	30.1%	58.3%	54.8%	58.3%
Put IV 25d	48.6%	30.8%	61.9%	58.5%	58.9%
Bid-Ask Spread %	122.43	120.89	124.84	124.50	123.09
Gamma HHI	0.37	0.29	0.51	0.46	0.30
Net GEX	2.6K	-2.3K	6.4K	5.4K	-1.4K
Net DEX	-9.8K	-40.2K	33.8K	-40.2K	29.6K
Net VEX	-495	-629	-418	-548	-445
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.82	0.89	0.89	0.84
Total Volume	69.095	66	70	66	70
Total OI	64.905	62	66	62	66

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
2016-10-03	$70.95	$0.00	39.9%	11.4%	18.2%	17.3%	0.0%	3.7%	-9.5%	5.4K	-40.2K	-548	0.89	124.50	35	31	31	31
2016-10-04	$70.92	$0.00	41.1%	11.8%	18.2%	18.3%	0.0%	3.8%	-13.1%	5.4K	-36.5K	-546	0.82	124.17	38	31	31	31
2016-10-05	$70.84	$0.00	42.4%	12.2%	17.8%	19.5%	0.0%	4.0%	-21.4%	6.4K	-28.9K	-484	0.82	124.84	38	31	34	31
2016-10-06	$70.87	$75.00	43.8%	8.0%	16.1%	20.7%	35.3%	2.1%	-5.8%	5.1K	-39.3K	-629	0.82	122.45	38	31	34	31
2016-10-07	$70.32	$75.00	45.6%	8.3%	15.3%	22.2%	35.9%	2.6%	-6.6%	4.9K	-37.0K	-626	0.82	122.19	38	31	34	31
2016-10-10	$70.78	$75.00	51.2%	5.2%	13.8%	27.1%	36.5%	-1.3%	6.4%	6.0K	-27.2K	-511	0.82	121.49	38	31	34	31
2016-10-11	$68.22	$75.00	54.2%	6.4%	18.4%	29.7%	43.3%	7.0%	-0.1%	2.9K	-10.9K	-440	0.82	120.89	38	31	34	31
2016-10-12	$68.01	$75.00	18.4%	5.3%	18.4%	0.0%	44.2%	10.6%	0.8%	2.9K	-12.7K	-452	0.82	121.64	38	31	34	31
2016-10-13	$67.41	$75.00	28.3%	8.1%	18.2%	8.5%	46.3%	2.3%	-5.8%	1.4K	9.3K	-557	0.82	121.99	38	31	34	31
2016-10-14	$68.07	$75.00	26.0%	7.4%	18.6%	6.5%	45.3%	3.6%	-5.8%	2.0K	-1.5K	-557	0.82	122.04	38	31	34	31
2016-10-17	$67.94	$75.00	28.1%	8.0%	18.6%	8.3%	47.7%	3.1%	-14.3%	3.0K	-19.6K	-471	0.82	121.73	38	31	34	31
2016-10-18	$68.33	$75.00	18.7%	5.4%	18.8%	0.2%	47.4%	11.5%	1.6%	3.3K	-13.6K	-418	0.82	122.80	38	31	34	31
2016-10-19	$68.35	$75.00	18.5%	5.3%	16.1%	0.1%	48.2%	11.8%	-0.2%	2.1K	-1.8K	-470	0.82	121.55	38	31	34	31
2016-10-20	$68.07	$75.00	30.5%	8.7%	15.8%	10.4%	49.8%	3.3%	-13.6%	2.9K	-13.2K	-495	0.82	122.44	38	31	34	31
2016-10-21	$67.61	$75.00	35.6%	10.2%	15.8%	14.8%	52.0%	3.5%	-21.1%	2.7K	-15.1K	-440	0.82	122.79	38	31	34	31
2016-10-24	$68.23	$75.00	37.8%	10.8%	16.4%	16.6%	53.1%	3.7%	-18.6%	2.4K	-22.5K	-437	0.82	122.89	38	31	34	31
2016-10-25	$67.80	$75.00	36.4%	10.4%	16.0%	15.4%	55.6%	3.7%	-15.5%	2.5K	-12.6K	-484	0.84	123.10	38	32	34	31
2016-10-26	$65.97	$75.00	42.4%	12.2%	17.9%	20.5%	62.5%	3.5%	-18.0%	-560	21.1K	-467	0.84	120.90	38	32	34	32
2016-10-27	$64.77	$75.00	43.5%	12.5%	18.2%	21.5%	67.7%	3.9%	-23.2%	-1.7K	32.4K	-462	0.84	121.77	38	32	34	32
2016-10-28	$65.84	$75.00	41.1%	11.8%	19.7%	19.4%	68.3%	1.6%	-10.2%	-2.3K	33.8K	-448	0.84	121.71	38	32	34	32
2016-10-31	$66.35	$75.00	46.1%	13.2%	20.1%	23.7%	72.6%	0.6%	-15.2%	-1.4K	29.6K	-445	0.84	123.09	38	32	34	32