LBRDK Options History — November 2016

In November 2016, LBRDK traded between $64.71 and $71.69. ATM implied volatility averaged 40.4%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 18.5% (HV 20d: 21.9%). Max pain ranged from $65.00 to $75.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 3.20.

Notable Days

2016-11-01: Highest Volume — 70 contracts
2016-11-09: Largest IV drop — 43.4% change
2016-11-08: Highest IV Rank — 30.6%
2016-11-01: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.80	$64.71	$71.69	$65.66	$71.17
Max Pain	$65.95	$65.00	$75.00	$75.00	$65.00
ATM IV	40.4%	30.7%	54.2%	50.7%	42.2%
Expected Move	10.4%	8.3%	14.5%	14.5%	12.1%
HV 20d	21.9%	20.0%	23.8%	20.3%	20.8%
HV 60d	20.2%	19.0%	22.7%	22.7%	20.1%
IV Rank	18.8%	10.5%	30.6%	27.7%	20.4%
IV Percentile	37.7%	8.3%	76.3%	69.4%	46.4%
Term Structure	-7.5%	-19.2%	3.4%	-19.2%	-12.8%
VWIV	59.5%	41.7%	76.8%	73.8%	76.6%
Skew 25d	3.4%	2.1%	9.5%	4.1%	3.9%
Skew 10d	12.2%	1.6%	65.1%	14.7%	12.9%
Call IV 25d	47.7%	39.8%	62.3%	62.3%	58.0%
Put IV 25d	51.2%	42.6%	66.5%	66.5%	62.0%
Bid-Ask Spread %	123.13	120.71	125.59	120.71	123.92
Gamma HHI	0.32	0.26	0.47	0.30	0.26
Net GEX	697	-1.9K	4.7K	-152	-958
Net DEX	-2.9K	-34.0K	37.3K	19.6K	-4.3K
Net VEX	-374	-469	-285	-463	-292
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.20	0.84	8.00	0.84	6.40
Total Volume	57	36	70	70	37
Total OI	58.476	43	67	66	43

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
2016-11-01	$65.66	$75.00	50.7%	14.5%	20.3%	27.7%	73.8%	4.1%	-19.2%	-152	19.6K	-463	0.84	120.71	38	32	34	32
2016-11-02	$65.97	$75.00	46.9%	13.4%	20.5%	24.4%	76.8%	3.4%	-15.2%	-342	31.1K	-469	0.84	122.81	38	32	34	32
2016-11-03	$64.71	$65.00	51.6%	8.3%	21.1%	28.4%	46.2%	2.1%	3.4%	66	23.9K	-466	0.84	121.63	38	32	34	32
2016-11-04	$65.37	$65.00	49.7%	9.6%	21.7%	26.7%	43.5%	2.9%	-7.1%	-1.5K	37.3K	-439	0.84	121.16	38	32	34	32
2016-11-07	$66.90	$65.00	54.1%	9.2%	23.5%	30.5%	47.7%	2.4%	1.8%	630	21.9K	-447	0.84	123.33	38	32	34	32
2016-11-08	$68.21	$65.00	54.2%	8.3%	21.0%	30.6%	41.7%	9.5%	-7.7%	3.9K	-17.1K	-330	0.84	123.18	38	32	34	32
2016-11-09	$69.74	$65.00	30.7%	8.8%	22.4%	10.5%	49.3%	4.1%	-5.0%	2.2K	-30.1K	-408	0.84	121.04	38	32	34	32
2016-11-10	$70.00	$65.00	32.8%	9.4%	22.1%	12.3%	52.5%	2.8%	-4.1%	4.7K	-34.0K	-414	0.84	121.19	38	32	34	32
2016-11-11	$69.76	$65.00	33.9%	9.7%	22.0%	13.2%	53.1%	2.5%	-4.6%	3.8K	-27.0K	-429	0.84	122.39	38	32	34	32
2016-11-14	$68.72	$65.00	31.6%	9.1%	22.7%	11.3%	55.5%	2.2%	-4.0%	3.4K	-25.4K	-373	0.84	122.51	38	32	34	32
2016-11-15	$68.38	$65.00	33.6%	9.6%	22.7%	13.0%	56.3%	2.6%	-7.4%	2.7K	-16.0K	-384	1.10	123.08	29	32	34	32
2016-11-16	$68.31	$65.00	35.5%	10.2%	22.7%	14.6%	57.3%	3.0%	-9.4%	2.6K	-17.2K	-404	1.10	123.46	29	32	35	32
2016-11-17	$69.19	$65.00	34.4%	9.8%	23.1%	13.6%	58.1%	2.5%	-7.4%	3.6K	-19.9K	-375	1.10	124.71	29	32	35	32
2016-11-18	$68.76	$65.00	35.3%	10.1%	23.1%	14.4%	59.2%	2.4%	-8.5%	-1.6K	8.5K	-338	1.10	124.56	29	32	35	32
2016-11-21	$69.38	$65.00	34.7%	9.9%	23.1%	13.9%	62.3%	2.7%	-5.1%	-1.4K	4.2K	-322	8.00	125.59	4	32	10	33
2016-11-22	$70.76	$65.00	37.0%	10.6%	23.8%	15.9%	61.7%	2.6%	-4.1%	-1.9K	-1.7K	-303	8.00	122.77	4	32	10	33
2016-11-23	$70.42	$65.00	37.4%	10.7%	21.3%	16.3%	64.0%	3.0%	-14.0%	-1.4K	-2.5K	-305	8.00	123.90	4	32	10	33
2016-11-25	$71.33	$65.00	38.6%	11.1%	20.0%	17.3%	67.9%	4.4%	-8.1%	-1.0K	-3.2K	-310	8.00	124.48	4	32	10	33
2016-11-28	$70.39	$65.00	40.6%	11.7%	20.5%	19.0%	71.2%	2.9%	-11.9%	-1.6K	-4.6K	-285	8.00	125.45	4	32	10	33
2016-11-29	$71.69	$65.00	43.1%	12.4%	21.1%	21.1%	75.5%	5.4%	-7.9%	-929	-5.6K	-294	8.00	123.95	4	32	10	33
2016-11-30	$71.17	$65.00	42.2%	12.1%	20.8%	20.4%	76.6%	3.9%	-12.8%	-958	-4.3K	-292	6.40	123.92	5	32	10	33