LBRDK Options History — May 2018

In May 2018, LBRDK traded between $68.66 and $73.48. ATM implied volatility averaged 30.1%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 21.5% (HV 20d: 51.6%). Max pain ranged from $80.00 to $85.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.23.

Notable Days

  • 2018-05-08: Highest Volume — 360 contracts
  • 2018-05-03: Largest IV spike — 24.8% change
  • 2018-05-09: Highest IV Rank — 33.1%
  • 2018-05-09: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.36$68.66$73.48$72.25$68.66
Max Pain$80.45$80.00$85.00$85.00$80.00
ATM IV30.1%22.4%38.6%33.3%30.6%
Expected Move8.5%6.4%11.1%9.6%8.8%
HV 20d51.6%18.0%59.7%58.6%18.0%
HV 60d39.3%38.0%40.6%40.6%38.1%
IV Rank18.2%4.7%33.1%23.8%19.0%
IV Percentile32.5%1.6%79.4%51.6%34.9%
Term Structure1.4%-3.8%10.8%-2.1%-3.6%
VWIV31.6%24.6%43.9%43.9%28.8%
Skew 25d0.4%-5.2%12.6%0.4%-1.6%
Skew 10d-3.3%-22.6%9.4%3.2%-5.0%
Call IV 25d31.9%23.4%48.1%48.1%30.5%
Put IV 25d32.3%25.0%49.3%48.4%29.0%
Bid-Ask Spread %87.7961.50109.98103.2690.26
Gamma HHI0.690.400.820.740.40
Net GEX156.4K25.6K254.4K239.0K25.6K
Net DEX-470.0K-1.7M925.5K-1.7M907.9K
Net VEX-24.9K-41.4K-4.5K-41.4K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.231.011.741.181.01
Total Volume340.545301360333354
Total OI9,821.8189,6869,8779,8219,787

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$72.25$85.0033.3%9.6%58.6%23.8%43.9%0.4%-2.1%239.0K-1.7M-41.4K1.18103.261531809,514307
2018-05-02$70.87$85.0028.4%8.1%58.6%15.2%37.7%-4.7%6.3%218.9K-1.6M-40.4K1.27107.761531959,517307
2018-05-03$71.59$80.0035.5%7.9%58.8%27.6%30.3%0.3%8.2%221.8K-1.5M-40.8K1.1687.011661929,517325
2018-05-04$73.27$80.0032.5%8.8%59.7%22.4%32.0%1.8%1.6%194.2K-816.3K-28.9K1.1666.361661929,529328
2018-05-07$73.48$80.0029.0%8.0%59.4%16.3%30.7%2.7%4.9%254.4K-1.5M-40.1K1.1686.181661939,529328
2018-05-08$72.37$80.0033.0%9.4%59.5%23.2%30.5%2.5%-0.9%97.4K401.4K-15.7K1.1661.501671939,530329
2018-05-09$71.18$80.0038.6%11.1%59.5%33.1%31.1%-2.7%0.6%125.2K133.2K-22.5K1.1684.711671939,530329
2018-05-10$71.69$80.0030.7%8.8%59.5%19.2%31.9%-0.7%0.8%166.7K-369.8K-27.4K1.1965.081601919,533329
2018-05-11$71.52$80.0030.6%8.8%59.5%19.0%38.7%12.6%4.0%28.9K925.5K-8.8K1.19109.981601919,533344
2018-05-14$72.40$80.0028.2%8.1%58.9%14.9%30.1%-4.0%3.3%164.2K-293.2K-27.0K1.19109.921601919,533344
2018-05-15$71.68$80.0034.1%9.8%58.8%25.2%29.9%4.7%-3.7%200.2K-841.3K-32.3K1.1692.031601869,533344
2018-05-16$72.38$80.0031.4%9.0%58.6%20.4%32.6%0.5%2.0%219.9K-1.3M-32.1K1.7476.351101919,533316
2018-05-17$71.32$80.0031.0%8.9%58.7%19.7%31.1%-0.3%0.7%165.1K-522.4K-26.3K1.7484.661101919,538336
2018-05-18$70.84$80.0028.6%8.2%58.7%15.6%24.6%3.4%4.8%171.8K-684.4K-25.8K1.6882.221141919,538320
2018-05-21$70.60$80.0025.8%7.4%58.5%10.5%28.9%-4.0%-3.2%202.5K-1.2M-30.3K1.1785.001501769,457229
2018-05-22$70.74$80.0027.8%8.0%58.2%14.2%29.8%-1.1%-2.2%111.4K60.9K-14.3K1.1488.001541769,524233
2018-05-23$71.24$80.0022.4%6.4%58.2%4.7%27.2%-1.2%10.8%85.5K360.1K-11.7K1.1392.091601819,524233
2018-05-24$71.00$80.0027.3%7.8%58.2%13.3%28.6%-3.1%0.5%96.0K299.4K-14.2K1.1390.961601819,537238
2018-05-25$71.16$80.0025.8%7.4%19.3%10.7%30.3%0.1%1.4%138.8K-136.9K-17.2K1.1686.521561819,537238
2018-05-29$69.85$80.0031.1%8.9%19.4%19.9%38.6%8.2%-3.8%199.7K-1.1M-29.4K1.1696.491561819,537238
2018-05-30$69.73$80.0026.3%7.5%18.4%11.4%27.4%-5.2%0.8%113.6K134.9K-16.0K1.0785.081661789,537238
2018-05-31$68.66$80.0030.6%8.8%18.0%19.0%28.8%-1.6%-3.6%25.6K907.9K-4.5K1.0190.261761789,547240