LBRDK Options History — July 2018

In July 2018, LBRDK traded between $74.16 and $79.93. ATM implied volatility averaged 34.1%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 13.6% (HV 20d: 20.5%). Max pain ranged from $70.00 to $80.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.14.

Notable Days

  • 2018-07-05: Highest Volume — 2,125 contracts
  • 2018-07-09: Largest IV drop — 36.2% change
  • 2018-07-06: Highest IV Rank — 49.6%
  • 2018-07-27: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$77.70$74.16$79.93$75.19$79.57
Max Pain$77.86$70.00$80.00$70.00$80.00
ATM IV34.1%27.5%46.3%30.6%30.8%
Expected Move9.6%7.9%10.6%8.8%8.8%
HV 20d20.5%17.2%24.7%21.4%24.7%
HV 60d32.7%19.6%38.1%37.7%21.2%
IV Rank26.0%13.0%49.6%19.3%19.6%
IV Percentile58.1%13.9%96.8%39.3%36.5%
Term Structure-0.2%-5.3%9.9%3.6%-4.0%
VWIV34.9%28.2%41.7%28.2%34.5%
Skew 25d1.1%-6.2%11.3%3.7%8.8%
Skew 10d-1.5%-14.7%11.4%-6.8%11.4%
Call IV 25d34.4%24.3%40.7%24.3%30.1%
Put IV 25d35.4%28.1%45.2%28.1%38.9%
Bid-Ask Spread %86.7567.90113.4686.72104.32
Gamma HHI0.440.310.900.820.33
Net GEX511.6K198.1K815.6K198.1K487.8K
Net DEX-4.9M-9.9M-1.4M-1.4M-3.8M
Net VEX-32.5K-67.5K-15.3K-18.2K-16.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.080.270.270.16
Total Volume1,392.9527572,1257571,057
Total OI11,297.7629,40411,5819,40411,569

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$75.19$70.0030.6%8.8%21.4%19.3%28.2%3.7%3.6%198.1K-1.4M-18.2K0.2786.725981599,33272
2018-07-03$76.65$70.0027.5%7.9%22.1%13.0%41.7%-0.8%9.9%434.1K-4.8M-45.6K0.27113.465981599,76272
2018-07-05$76.86$75.0035.3%9.3%20.3%28.3%33.7%2.3%1.2%394.2K-4.0M-37.7K0.0890.791,9661599,76272
2018-07-06$78.70$75.0046.3%9.8%21.5%49.6%34.8%-6.2%-0.4%602.7K-6.4M-42.2K0.0885.201,96615911,49872
2018-07-09$79.93$75.0029.5%9.0%21.9%17.1%31.5%0.0%1.5%613.8K-6.2M-36.9K0.1186.961,40315911,49872
2018-07-10$79.42$75.0035.7%9.5%21.8%29.0%33.6%2.1%-1.2%815.6K-9.9M-67.5K0.1183.991,39915911,49872
2018-07-11$78.85$75.0034.0%9.7%21.9%25.7%34.3%-1.6%-1.0%536.3K-5.4M-32.1K0.1267.901,39916911,50073
2018-07-12$79.28$80.0033.5%9.6%21.7%24.7%33.6%-1.6%-0.2%618.9K-6.3M-40.5K0.1272.301,39916911,49784
2018-07-13$79.08$80.0036.6%10.5%19.5%30.9%36.7%2.4%-4.7%734.8K-8.5M-58.4K0.1285.581,39916911,49784
2018-07-16$79.17$80.0035.1%10.1%19.5%27.9%35.3%-0.7%-2.4%594.5K-5.9M-34.5K0.1272.531,39916911,49784
2018-07-17$79.37$80.0034.4%9.9%19.3%26.6%34.6%-1.1%-0.9%658.0K-6.7M-44.1K0.1268.801,39916911,49784
2018-07-18$78.99$80.0033.8%9.7%19.1%25.4%34.3%-3.5%-0.2%612.2K-6.0M-38.2K0.1277.961,39916911,49784
2018-07-19$78.01$80.0035.8%10.3%19.8%29.2%35.9%-4.4%-4.8%623.8K-6.1M-37.6K0.1278.051,40116511,49784
2018-07-20$77.41$80.0032.4%9.3%19.6%22.7%34.0%0.6%-0.3%429.1K-3.4M-21.4K0.1274.081,40116411,49384
2018-07-23$76.55$80.0036.0%10.3%17.3%29.7%31.2%2.1%0.9%448.6K-3.8M-23.4K0.1089.961,39514111,45362
2018-07-24$76.04$80.0032.7%9.4%17.2%23.2%33.4%3.5%3.7%393.8K-2.9M-18.3K0.16112.8989714111,48262
2018-07-25$74.16$80.0031.8%9.1%18.9%21.5%35.0%11.3%4.1%323.4K-2.2M-15.8K0.16108.5590614111,48362
2018-07-26$76.17$80.0033.6%9.6%20.6%25.0%37.7%-2.2%-2.6%434.5K-3.4M-20.4K0.1682.7190614111,49262
2018-07-27$75.68$80.0037.1%10.6%20.7%31.8%39.0%10.3%-5.3%401.3K-3.0M-19.4K0.1690.4690614111,49262
2018-07-30$76.52$80.0033.9%9.7%21.1%25.6%39.3%-2.7%-1.4%387.2K-2.7M-15.3K0.1688.6290814911,49262
2018-07-31$79.57$80.0030.8%8.8%24.7%19.6%34.5%8.8%-4.0%487.8K-3.8M-16.0K0.16104.3290814911,49574