LBRDK Options History — November 2018

In November 2018, LBRDK traded between $77.12 and $84.82. ATM implied volatility averaged 38.1%, placing in the 34.6% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 0.6% (HV 20d: 38.7%). Max pain ranged from $75.00 to $85.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.22.

Notable Days

2018-11-16: Highest Volume — 166 contracts
2018-11-05: Largest IV spike — 78.4% change
2018-11-13: Highest IV Rank — 100.0%
2018-11-23: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$82.09	$77.12	$84.82	$84.05	$84.80
Max Pain	$82.62	$75.00	$85.00	$80.00	$85.00
ATM IV	38.1%	23.3%	78.3%	30.8%	33.1%
Expected Move	8.8%	6.7%	10.9%	8.8%	9.5%
HV 20d	38.7%	32.7%	44.3%	40.0%	32.7%
HV 60d	29.2%	27.4%	31.1%	28.8%	31.0%
IV Rank	34.6%	8.1%	100.0%	23.1%	24.5%
IV Percentile	64.9%	5.6%	100.0%	44.8%	61.5%
Term Structure	-1.8%	-10.1%	7.9%	-2.1%	-5.1%
VWIV	31.8%	27.1%	35.6%	31.3%	33.8%
Skew 25d	3.7%	-3.2%	17.3%	0.7%	3.6%
Skew 10d	4.1%	-12.1%	50.0%	11.0%	-2.4%
Call IV 25d	34.1%	21.1%	53.4%	33.3%	46.7%
Put IV 25d	37.8%	25.3%	50.3%	34.0%	50.3%
Bid-Ask Spread %	109.39	95.03	115.88	95.03	114.95
Gamma HHI	0.27	0.22	0.35	0.30	0.28
Net GEX	11.4K	-1.8K	26.8K	25.0K	2.0K
Net DEX	-241.9K	-434.5K	-58.7K	-405.3K	-228.0K
Net VEX	-920	-1.3K	-594	-1.3K	-795
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.22	0.13	0.29	0.13	0.29
Total Volume	145.952	124	166	157	125
Total OI	132.095	111	152	142	113

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
2018-11-01	$84.05	$80.00	30.8%	8.8%	40.0%	23.1%	31.3%	0.7%	-2.1%	25.0K	-405.3K	-1.3K	0.13	95.03	139	18	120	22
2018-11-02	$82.13	$80.00	31.7%	9.1%	40.3%	24.7%	32.4%	0.4%	-1.5%	20.9K	-307.6K	-1.1K	0.13	96.57	139	18	120	22
2018-11-05	$83.40	$75.00	56.5%	8.8%	40.6%	71.0%	32.2%	5.1%	-2.0%	19.7K	-374.6K	-1.1K	0.13	109.39	139	18	120	22
2018-11-06	$82.89	$75.00	44.3%	8.7%	40.5%	48.1%	32.1%	-1.7%	-2.1%	21.0K	-434.5K	-1.3K	0.13	110.47	139	18	120	22
2018-11-07	$84.34	$75.00	34.8%	8.5%	39.5%	30.5%	30.8%	3.0%	-3.6%	26.8K	-374.8K	-1.0K	0.13	98.81	139	18	120	22
2018-11-08	$83.02	$75.00	54.1%	8.1%	39.3%	66.5%	31.2%	7.5%	-0.4%	20.3K	-390.1K	-1.0K	0.19	108.86	139	26	120	22
2018-11-09	$82.51	$85.00	36.5%	7.8%	39.2%	33.7%	28.4%	8.0%	1.0%	18.9K	-256.8K	-1.0K	0.19	112.62	139	26	120	32
2018-11-12	$82.51	$85.00	49.2%	8.1%	38.3%	57.4%	30.9%	3.2%	1.1%	17.4K	-224.9K	-883	0.19	107.11	139	26	120	32
2018-11-13	$82.68	$85.00	78.3%	7.9%	37.6%	100.0%	32.4%	0.5%	-3.2%	18.7K	-325.8K	-1.1K	0.19	112.06	139	26	120	32
2018-11-14	$82.56	$85.00	34.1%	9.8%	37.5%	26.3%	33.5%	2.1%	-6.1%	20.1K	-275.9K	-1.0K	0.19	109.80	139	26	120	32
2018-11-15	$81.68	$85.00	31.0%	8.9%	37.7%	21.1%	35.1%	-0.7%	3.3%	15.8K	-247.2K	-933	0.19	110.14	139	26	120	32
2018-11-16	$84.01	$85.00	28.0%	8.0%	38.9%	16.1%	28.6%	3.0%	2.6%	1.9K	-222.9K	-839	0.19	113.73	139	27	120	32
2018-11-19	$81.43	$85.00	23.3%	6.7%	40.5%	8.1%	34.2%	6.1%	7.9%	2.0K	-195.0K	-817	0.28	110.44	97	27	78	33
2018-11-20	$77.31	$85.00	32.4%	9.3%	44.3%	23.4%	27.1%	4.0%	-5.2%	2.5K	-58.7K	-697	0.29	103.70	97	28	78	33
2018-11-21	$77.12	$85.00	34.9%	10.0%	43.1%	27.6%	34.5%	2.7%	1.8%	2.5K	-80.4K	-873	0.29	115.88	97	28	78	34
2018-11-23	$78.40	$85.00	37.9%	10.9%	42.6%	32.6%	35.6%	-3.2%	-8.2%	2.6K	-79.8K	-763	0.29	112.93	97	28	78	34
2018-11-26	$79.59	$85.00	30.9%	8.9%	36.7%	20.9%	29.5%	5.4%	-5.9%	1.6K	-90.4K	-594	0.29	113.43	97	28	78	34
2018-11-27	$80.94	$85.00	34.9%	10.0%	37.0%	27.5%	32.1%	7.2%	0.6%	795	-129.0K	-745	0.29	110.08	97	28	78	35
2018-11-28	$83.66	$85.00	27.7%	7.9%	33.7%	15.5%	27.1%	17.3%	-0.0%	-1.8K	-169.2K	-648	0.29	115.47	97	28	78	35
2018-11-29	$84.82	$85.00	34.8%	10.0%	32.8%	27.4%	34.9%	4.3%	-10.1%	910	-208.6K	-741	0.29	115.81	97	28	78	35
2018-11-30	$84.80	$85.00	33.1%	9.5%	32.7%	24.5%	33.8%	3.6%	-5.1%	2.0K	-228.0K	-795	0.29	114.95	97	28	78	35