LBRDK Options History — March 2019

In March 2019, LBRDK traded between $88.02 and $94.41. ATM implied volatility averaged 25.1%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 11.7% (HV 20d: 13.4%). Max pain ranged from $65.00 to $85.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.43.

Notable Days

2019-03-21: Highest Volume — 80 contracts
2019-03-11: Largest IV spike — 49.1% change
2019-03-11: Highest IV Rank — 24.7%
2019-03-27: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$91.44	$88.02	$94.41	$89.90	$91.75
Max Pain	$79.74	$65.00	$85.00	$85.00	$85.00
ATM IV	25.1%	20.6%	33.2%	22.1%	29.7%
Expected Move	7.4%	6.3%	8.1%	6.3%	7.8%
HV 20d	13.4%	11.8%	15.5%	15.5%	14.2%
HV 60d	30.3%	28.4%	31.9%	31.9%	28.6%
IV Rank	11.2%	3.8%	24.7%	6.2%	18.9%
IV Percentile	18.2%	0.8%	64.3%	3.2%	44.8%
Term Structure	1.1%	-7.1%	6.2%	0.3%	1.3%
VWIV	39.1%	21.9%	108.8%	22.3%	29.9%
Skew 25d	8.0%	-1.6%	17.8%	7.8%	11.0%
Skew 10d	11.4%	-8.1%	25.3%	12.6%	19.0%
Call IV 25d	23.8%	15.5%	32.4%	16.9%	31.0%
Put IV 25d	31.8%	21.5%	42.0%	24.7%	42.0%
Bid-Ask Spread %	107.44	84.29	116.19	92.26	113.65
Gamma HHI	0.66	0.38	0.92	0.38	0.89
Net GEX	24.0K	-1.7K	41.3K	25.0K	26.8K
Net DEX	-203.0K	-481.5K	-2.9K	-258.8K	-127.7K
Net VEX	-364	-790	-39	-466	-551
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.00	2.60	0.29	0.01
Total Volume	14.905	0	80	9	0
Total OI	151.476	6	219	212	114

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
2019-03-01	$89.90	$85.00	22.1%	6.3%	15.5%	6.2%	22.3%	7.8%	0.3%	25.0K	-258.8K	-466	0.29	92.26	7	2	111	101
2019-03-04	$90.45	$85.00	27.3%	7.8%	13.7%	14.9%	0.0%	17.3%	4.9%	33.5K	-307.9K	-418	0.00	113.97	0	10	115	101
2019-03-05	$89.51	$85.00	27.4%	7.9%	14.4%	15.1%	0.0%	8.4%	0.2%	26.2K	-259.6K	-414	0.00	109.67	0	10	115	101
2019-03-06	$89.28	$85.00	25.0%	7.2%	13.5%	11.1%	0.0%	-0.7%	2.0%	25.0K	-231.6K	-350	0.00	113.20	0	10	115	101
2019-03-07	$88.50	$85.00	22.7%	6.5%	13.6%	7.2%	108.8%	0.2%	1.8%	23.2K	-189.6K	-302	0.00	113.92	0	10	115	101
2019-03-08	$88.02	$85.00	22.3%	6.4%	13.7%	6.5%	21.9%	1.4%	-2.2%	18.4K	-142.9K	-241	2.60	115.72	5	13	115	101
2019-03-11	$89.63	$65.00	33.2%	7.4%	14.9%	24.7%	0.0%	5.3%	-3.7%	27.1K	-224.1K	-247	0.00	103.43	0	0	115	104
2019-03-12	$90.03	$65.00	26.1%	6.8%	12.8%	12.8%	0.0%	2.0%	-2.2%	35.8K	-259.6K	-223	0.00	103.41	0	0	115	104
2019-03-13	$91.19	$65.00	23.1%	7.1%	13.1%	7.8%	0.0%	0.3%	2.9%	40.6K	-353.7K	-187	0.00	107.71	0	0	115	104
2019-03-14	$91.89	$65.00	22.9%	7.5%	13.1%	7.6%	0.0%	11.4%	6.1%	41.3K	-421.4K	-121	0.00	107.83	0	0	115	104
2019-03-15	$92.21	$65.00	24.4%	7.8%	12.9%	10.0%	0.0%	10.0%	5.8%	-1.7K	-481.5K	-42	0.00	106.85	0	0	115	104
2019-03-18	$92.92	$0.00	24.0%	7.5%	11.9%	9.3%	0.0%	14.0%	-1.0%	-1.6K	-2.9K	-39	0.00	114.14	28	0	2	4
2019-03-19	$93.61	$0.00	23.1%	7.1%	11.8%	7.8%	28.4%	12.8%	-1.2%	8.6K	-52.7K	-241	0.04	110.78	28	1	30	4
2019-03-20	$93.45	$85.00	23.9%	7.4%	11.9%	9.2%	30.8%	17.8%	1.0%	9.6K	-65.2K	-277	0.04	113.47	28	1	30	5
2019-03-21	$94.41	$85.00	24.5%	8.0%	12.1%	10.2%	31.6%	4.9%	1.6%	9.8K	-58.9K	-264	0.01	84.29	79	1	30	5
2019-03-22	$92.89	$85.00	21.5%	7.7%	13.6%	5.2%	29.9%	5.6%	6.2%	32.3K	-124.7K	-602	0.01	88.11	79	1	109	5
2019-03-25	$92.29	$85.00	20.6%	7.6%	13.5%	3.8%	0.0%	-1.6%	3.0%	29.3K	-214.6K	-790	0.00	107.17	0	0	109	5
2019-03-26	$92.43	$85.00	29.6%	7.5%	13.5%	18.7%	0.0%	14.0%	0.7%	30.5K	-158.6K	-653	0.00	116.19	0	0	109	5
2019-03-27	$93.01	$85.00	23.3%	8.1%	13.6%	8.1%	0.0%	14.8%	3.7%	27.9K	-101.5K	-464	0.00	106.39	0	0	109	5
2019-03-28	$92.83	$85.00	30.6%	7.7%	13.6%	20.3%	0.0%	10.9%	-7.1%	35.5K	-225.4K	-742	0.00	114.10	0	0	109	5
2019-03-29	$91.75	$85.00	29.7%	7.8%	14.2%	18.9%	0.0%	11.0%	1.3%	26.8K	-127.7K	-551	0.00	113.65	0	0	109	5