LBRDK Options History — April 2018

In April 2018, LBRDK traded between $69.92 and $84.53. ATM implied volatility averaged 32.9%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 6.2% (HV 20d: 26.7%). Max pain ranged from $85.00 to $90.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 1.78.

Notable Days

  • 2018-04-20: Highest Volume — 8,892 contracts
  • 2018-04-09: Largest IV spike — 50.8% change
  • 2018-04-09: Highest IV Rank — 44.2%
  • 2018-04-11: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$81.58$69.92$84.53$83.17$71.13
Max Pain$85.71$85.00$90.00$90.00$85.00
ATM IV32.9%27.4%45.0%34.4%35.6%
Expected Move9.4%7.8%11.0%9.9%10.2%
HV 20d26.7%20.8%58.0%29.3%58.0%
HV 60d27.1%25.5%40.7%25.7%40.7%
IV Rank23.3%13.4%44.2%27.7%27.8%
IV Percentile47.8%15.1%94.4%59.1%65.1%
Term Structure-3.7%-12.3%-0.3%-6.9%-2.2%
VWIV33.2%27.7%44.0%38.9%37.5%
Skew 25d1.9%-10.8%14.5%8.1%-0.4%
Skew 10d2.1%-12.5%25.1%25.1%-10.1%
Call IV 25d34.5%28.5%52.1%52.1%38.5%
Put IV 25d36.4%28.5%60.2%60.2%38.2%
Bid-Ask Spread %93.2669.57119.17110.8496.88
Gamma HHI0.520.330.800.390.78
Net GEX112.1K-34.1K653.7K-11.0K221.1K
Net DEX-592.9K-7.7M1.2M892.1K-920.6K
Net VEX-21.6K-93.5K-3.4K-5.0K-39.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.780.025.001.611.19
Total Volume1,217.192678,892502320
Total OI3,159.2385829,8235829,823

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$83.17$90.0034.4%9.9%29.3%27.7%38.9%8.1%-6.9%-11.0K892.1K-5.0K1.61110.84192310323259
2018-04-03$83.25$90.0031.1%8.9%26.2%22.0%36.3%14.5%-0.8%-14.2K961.9K-4.7K1.61119.17192310323259
2018-04-04$83.40$90.0037.4%10.7%26.0%32.7%44.0%-10.8%-10.6%-14.6K943.9K-4.8K1.61117.72192310323259
2018-04-05$83.68$85.0037.3%9.1%26.1%30.7%32.0%1.2%-0.7%-9.6K898.2K-4.9K1.61107.14192310323259
2018-04-06$82.26$85.0029.8%10.7%26.4%17.7%31.1%4.7%-2.6%-13.0K921.0K-4.6K1.61101.05192310323259
2018-04-09$83.37$85.0045.0%9.7%26.5%44.2%35.0%-0.9%-2.6%-14.9K978.0K-4.4K1.61111.06192310323259
2018-04-10$82.78$85.0028.2%10.2%22.0%14.8%36.0%8.7%-5.0%-19.6K972.2K-4.2K1.60107.50194310323259
2018-04-11$81.40$85.0038.4%11.0%20.9%32.7%32.1%13.0%-12.3%-27.7K1.2M-3.5K4.9888.9961304323259
2018-04-12$81.92$85.0032.8%9.4%20.9%23.0%33.3%1.8%-1.4%-27.0K1.1M-3.7K4.9876.7361304334263
2018-04-13$81.60$85.0030.9%8.9%20.8%19.6%29.8%3.3%-1.5%-22.0K977.7K-3.8K5.00107.7261305334251
2018-04-16$83.57$85.0029.9%8.6%22.2%17.9%30.5%0.1%-4.5%-34.1K991.6K-3.4K1.3882.42141195334256
2018-04-17$83.35$85.0028.3%8.1%21.6%14.9%28.5%-0.0%-3.9%-26.3K709.8K-4.2K1.3980.32122170421291
2018-04-18$84.53$85.0029.4%8.4%22.3%17.0%29.8%1.4%-4.2%-9.0K419.2K-5.0K1.3987.94122170434301
2018-04-19$83.79$85.0027.4%7.8%22.5%13.4%27.7%-0.0%-0.3%-11.5K558.6K-4.7K1.3986.35122170434297
2018-04-20$82.75$85.0031.2%8.9%22.3%20.1%30.6%-2.5%-3.2%-20.6K696.3K-4.8K0.0285.208,722170434297
2018-04-23$83.26$85.0031.2%8.9%20.8%20.0%31.8%-3.5%-3.0%653.7K-7.7M-93.5K0.0269.578,7041668,948297
2018-04-24$81.09$85.0031.2%8.9%22.7%20.1%33.3%0.3%-1.0%574.9K-7.3M-91.4K0.4675.813591668,952287
2018-04-25$81.49$85.0033.8%9.7%22.8%24.7%32.6%3.4%-5.4%538.3K-5.4M-72.3K1.5273.171061619,195287
2018-04-26$81.55$85.0033.0%9.5%22.8%23.2%30.5%2.9%-5.4%524.6K-4.9M-72.1K0.4573.003551619,202282
2018-04-27$69.92$85.0034.4%9.9%57.8%25.7%35.1%-5.1%-0.8%116.6K545.6K-19.1K1.9799.771172309,452282
2018-04-30$71.13$85.0035.6%10.2%58.0%27.8%37.5%-0.4%-2.2%221.1K-920.6K-39.9K1.1996.881461749,474349