LBRDK Options History — August 2019

In August 2019, LBRDK traded between $97.67 and $105.25. ATM implied volatility averaged 24.8%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 7.4% (HV 20d: 17.4%). Max pain ranged from $95.00 to $115.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.24.

Notable Days

2019-08-08: Highest Volume — 88 contracts
2019-08-12: Largest IV spike — 79.1% change
2019-08-13: Highest IV Rank — 36.8%
2019-08-01: Largest Expected Move — 9.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$100.57	$97.67	$105.25	$99.67	$105.25
Max Pain	$101.59	$95.00	$115.00	$100.00	$100.00
ATM IV	24.8%	16.9%	38.2%	32.2%	17.5%
Expected Move	6.3%	4.9%	9.2%	9.2%	5.0%
HV 20d	17.4%	14.1%	19.1%	14.4%	18.5%
HV 60d	16.2%	15.5%	16.9%	16.3%	16.4%
IV Rank	15.6%	3.2%	36.8%	27.3%	4.1%
IV Percentile	31.8%	1.2%	92.9%	66.7%	2.4%
Term Structure	-1.5%	-16.3%	4.7%	-13.3%	-1.8%
VWIV	22.0%	16.8%	30.1%	20.9%	25.1%
Skew 25d	3.7%	-8.3%	19.8%	0.9%	2.6%
Skew 10d	2.8%	-10.1%	28.8%	4.3%	3.9%
Call IV 25d	21.5%	10.5%	45.4%	42.7%	13.4%
Put IV 25d	25.1%	16.0%	45.2%	43.6%	16.0%
Bid-Ask Spread %	101.89	83.60	118.53	116.75	106.85
Gamma HHI	0.44	0.28	0.66	0.34	0.48
Net GEX	31.8K	-23.0K	63.3K	5.3K	56.4K
Net DEX	-318.8K	-746.9K	33.5K	-4.2K	-746.9K
Net VEX	-1.1K	-1.6K	-391	-515	-873
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.24	0.00	9.50	0.03	0.00
Total Volume	9.364	0	88	0	1
Total OI	123.182	55	205	55	113

Daily Data (22 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
2019-08-01	$99.67	$100.00	32.2%	9.2%	14.4%	27.3%	0.0%	0.9%	-13.3%	5.3K	-4.2K	-515	0.00	116.75	0	0	43	12
2019-08-02	$99.19	$100.00	32.0%	9.2%	14.1%	27.1%	0.0%	-0.1%	-16.3%	4.2K	9.5K	-478	0.00	118.53	0	0	43	12
2019-08-05	$97.67	$115.00	37.7%	5.7%	14.7%	36.0%	0.0%	8.6%	0.5%	2.1K	26.6K	-430	0.00	114.15	0	0	43	12
2019-08-06	$99.22	$115.00	37.5%	6.1%	15.9%	35.7%	0.0%	0.6%	1.0%	4.3K	10.3K	-465	0.00	113.88	0	0	43	12
2019-08-07	$98.44	$115.00	19.7%	6.0%	15.4%	7.6%	20.9%	4.3%	2.9%	-1.2K	33.5K	-391	0.03	83.60	61	2	43	12
2019-08-08	$100.28	$100.00	27.6%	6.9%	17.2%	20.0%	19.9%	0.2%	-7.0%	30.7K	-322.5K	-1.2K	1.59	95.38	34	54	105	14
2019-08-09	$99.78	$95.00	17.3%	5.4%	16.7%	3.8%	19.4%	4.1%	1.5%	37.2K	-346.4K	-1.6K	9.50	91.13	2	19	139	66
2019-08-12	$98.79	$95.00	31.0%	5.9%	16.8%	25.5%	21.6%	4.3%	2.7%	18.3K	-219.3K	-1.5K	0.00	93.88	0	12	139	60
2019-08-13	$99.42	$100.00	38.2%	5.4%	17.2%	36.8%	16.8%	5.8%	3.5%	31.2K	-290.7K	-1.6K	0.00	96.23	3	0	139	61
2019-08-14	$98.16	$100.00	25.6%	7.3%	17.4%	16.9%	0.0%	5.6%	-4.2%	8.7K	-211.8K	-1.5K	0.00	94.76	1	0	138	61
2019-08-15	$98.85	$100.00	19.9%	5.7%	17.7%	7.9%	0.0%	-8.3%	4.7%	21.2K	-218.9K	-1.5K	0.00	96.83	10	0	138	61
2019-08-16	$99.69	$100.00	30.3%	8.7%	17.9%	24.3%	30.1%	4.2%	-6.7%	-23.0K	-322.8K	-1.5K	0.00	98.85	0	4	138	61
2019-08-19	$101.35	$100.00	22.9%	6.6%	19.0%	12.6%	0.0%	19.8%	-2.5%	47.9K	-420.2K	-1.3K	0.00	106.97	0	0	95	15
2019-08-20	$101.93	$100.00	19.7%	5.6%	19.1%	7.6%	0.0%	3.7%	0.1%	56.4K	-467.1K	-1.3K	0.00	90.33	0	0	95	15
2019-08-21	$101.65	$100.00	19.4%	5.6%	19.0%	7.2%	0.0%	7.4%	-0.1%	60.1K	-421.1K	-1.2K	0.00	105.33	1	0	95	15
2019-08-22	$101.52	$100.00	19.9%	5.7%	19.0%	7.9%	0.0%	5.0%	1.5%	58.0K	-443.0K	-1.3K	0.00	97.89	0	0	96	15
2019-08-23	$99.83	$100.00	20.6%	5.9%	17.4%	9.0%	0.0%	-2.5%	0.2%	54.2K	-333.5K	-1.2K	0.00	100.94	0	0	96	15
2019-08-26	$102.03	$100.00	21.2%	6.1%	18.9%	10.0%	0.0%	-0.8%	0.2%	57.7K	-488.2K	-1.2K	0.00	108.28	2	0	96	15
2019-08-27	$102.33	$100.00	19.2%	5.5%	18.9%	6.8%	0.0%	8.4%	-1.8%	47.7K	-575.9K	-1.2K	0.00	104.70	0	0	98	15
2019-08-28	$102.93	$100.00	18.1%	5.2%	18.0%	5.0%	0.0%	4.2%	1.4%	63.3K	-557.4K	-1.1K	0.00	102.08	0	0	98	15
2019-08-29	$104.59	$100.00	16.9%	4.9%	18.6%	3.2%	0.0%	2.7%	1.6%	59.7K	-703.5K	-960	0.00	104.25	0	0	98	15
2019-08-30	$105.25	$100.00	17.5%	5.0%	18.5%	4.1%	25.1%	2.6%	-1.8%	56.4K	-746.9K	-873	0.00	106.85	1	0	98	15