LBRDK Options History — December 2018

In December 2018, LBRDK traded between $69.15 and $83.84. ATM implied volatility averaged 35.3%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 6.1% (HV 20d: 29.2%). Max pain ranged from $70.00 to $90.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 9.72.

Notable Days

2018-12-26: Highest Volume — 76 contracts
2018-12-21: Largest IV spike — 19.7% change
2018-12-07: Highest IV Rank — 42.3%
2018-12-04: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$76.74	$69.15	$83.84	$83.84	$71.76
Max Pain	$81.39	$70.00	$90.00	$85.00	$90.00
ATM IV	35.3%	28.1%	43.7%	35.0%	36.7%
Expected Move	9.7%	8.0%	11.5%	10.0%	10.5%
HV 20d	29.2%	22.8%	33.2%	31.8%	22.9%
HV 60d	31.7%	30.9%	32.9%	31.1%	32.8%
IV Rank	28.3%	16.2%	42.3%	27.7%	30.6%
IV Percentile	70.5%	25.0%	94.0%	74.6%	81.0%
Term Structure	-0.3%	-7.8%	6.5%	-6.9%	0.9%
VWIV	39.2%	25.7%	56.6%	27.0%	56.6%
Skew 25d	3.9%	-2.8%	15.2%	1.3%	7.5%
Skew 10d	5.9%	-5.0%	31.9%	3.6%	1.6%
Call IV 25d	34.1%	26.2%	46.1%	46.1%	29.9%
Put IV 25d	38.1%	27.7%	50.5%	47.4%	37.4%
Bid-Ask Spread %	104.06	87.18	119.25	116.70	106.71
Gamma HHI	0.29	0.22	0.38	0.30	0.38
Net GEX	797	-6.9K	6.2K	661	-6.9K
Net DEX	-19.1K	-225.9K	158.1K	-225.9K	137.6K
Net VEX	-568	-1.0K	-302	-704	-999
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	9.72	0.00	21.00	0.00	7.33
Total Volume	19.7	0	76	0	0
Total OI	113.8	72	130	111	130

Daily Data (20 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
2018-12-03	$83.84	$85.00	35.0%	10.0%	31.8%	27.7%	0.0%	1.3%	-6.9%	661	-225.9K	-704	0.00	116.70	0	0	78	33
2018-12-04	$82.02	$85.00	40.1%	11.5%	32.3%	36.3%	0.0%	6.8%	-6.8%	1.7K	-167.7K	-687	0.00	116.03	0	0	78	33
2018-12-05	$81.94	$85.00	36.1%	10.3%	32.3%	29.6%	0.0%	5.3%	-1.7%	105	-138.4K	-622	0.00	119.25	0	0	78	33
2018-12-06	$82.21	$0.00	38.0%	9.5%	31.6%	32.8%	0.0%	5.0%	-2.4%	-1.7K	-125.9K	-544	0.00	111.93	0	0	78	33
2018-12-07	$81.39	$0.00	43.7%	9.3%	31.3%	42.3%	0.0%	1.9%	2.6%	764	-128.2K	-639	0.00	113.93	0	0	78	33
2018-12-10	$79.94	$70.00	39.7%	9.0%	31.8%	35.6%	0.0%	-1.1%	2.7%	1.7K	-124.8K	-594	0.00	108.76	0	0	80	33
2018-12-11	$79.26	$70.00	32.1%	8.7%	31.9%	22.9%	27.0%	2.7%	1.0%	884	-83.4K	-416	0.00	87.18	2	0	80	33
2018-12-12	$80.52	$70.00	28.1%	8.0%	32.5%	16.2%	34.1%	3.3%	2.3%	-350	-107.6K	-473	10.00	97.85	2	20	80	33
2018-12-13	$78.99	$70.00	29.5%	8.5%	33.1%	18.6%	25.7%	3.2%	1.6%	2.3K	-59.5K	-547	10.00	91.89	2	20	80	37
2018-12-14	$77.94	$70.00	30.4%	8.7%	33.2%	20.1%	26.5%	-2.8%	-0.6%	3.6K	-40.6K	-434	10.00	96.56	2	20	80	37
2018-12-17	$77.31	$70.00	35.6%	10.2%	31.3%	28.7%	0.0%	10.7%	-2.4%	4.7K	-31.6K	-431	0.00	97.27	0	0	80	37
2018-12-18	$76.62	$70.00	33.5%	9.6%	29.7%	25.3%	39.0%	1.8%	0.8%	3.7K	-20.6K	-467	0.00	98.15	0	20	80	37
2018-12-19	$74.62	$90.00	30.8%	8.8%	25.1%	20.8%	44.1%	2.0%	6.5%	6.2K	97.8K	-355	0.00	112.01	0	20	80	47
2018-12-20	$72.61	$90.00	30.3%	8.7%	26.7%	19.9%	48.5%	5.2%	2.5%	6.2K	112.7K	-438	21.00	100.53	1	21	80	47
2018-12-21	$71.04	$90.00	36.2%	10.4%	26.5%	29.8%	51.2%	-2.3%	-1.3%	2.0K	117.1K	-332	7.33	97.98	3	22	80	46
2018-12-24	$69.15	$90.00	36.4%	10.4%	26.5%	30.1%	56.6%	0.9%	-7.8%	2.1K	59.1K	-302	0.00	105.60	0	11	50	22
2018-12-26	$70.81	$90.00	37.3%	10.7%	27.4%	31.6%	0.0%	7.4%	1.2%	1.8K	54.9K	-321	0.00	101.73	0	76	50	22
2018-12-27	$71.13	$90.00	39.1%	11.2%	23.5%	34.6%	0.0%	5.1%	0.0%	-6.9K	158.1K	-1.0K	0.00	99.86	0	76	50	80
2018-12-28	$71.66	$90.00	37.5%	10.8%	22.8%	31.9%	0.0%	15.2%	1.0%	-6.5K	134.2K	-1.0K	0.00	101.34	0	76	50	80
2018-12-31	$71.76	$90.00	36.7%	10.5%	22.9%	30.6%	0.0%	7.5%	0.9%	-6.9K	137.6K	-999	0.00	106.71	0	0	50	80