LBRDK Options History — April 2020

In April 2020, LBRDK traded between $106.13 and $127.37. ATM implied volatility averaged 47.1%, placing in the 71.9% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 15.2% (HV 20d: 62.3%). Max pain ranged from $100.00 to $125.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.45.

Notable Days

  • 2020-04-15: Highest Volume — 14 contracts
  • 2020-04-07: Largest IV spike — 66.7% change
  • 2020-04-01: Highest IV Rank — 95.5%
  • 2020-04-01: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$119.57$106.13$127.37$106.13$123.65
Max Pain$116.19$100.00$125.00$100.00$115.00
ATM IV47.1%32.8%58.0%58.0%48.9%
Expected Move13.5%11.6%16.6%16.6%14.0%
HV 20d62.3%28.6%89.9%89.7%28.6%
HV 60d57.6%55.8%58.3%55.8%57.4%
IV Rank71.9%41.1%95.5%95.5%75.8%
IV Percentile94.5%84.9%99.2%99.2%94.0%
Term Structure-8.5%-17.5%0.2%-12.9%-17.5%
VWIV47.9%41.3%56.7%56.7%53.7%
Skew 25d8.6%-0.1%15.8%-0.1%12.8%
Skew 10d11.4%2.7%29.4%24.3%7.5%
Call IV 25d41.3%31.1%56.6%56.6%45.6%
Put IV 25d49.9%39.9%59.2%56.5%58.3%
Bid-Ask Spread %101.3889.62107.78107.78106.79
Gamma HHI0.240.170.740.180.24
Net GEX-7.7K-30.6K192.3K-18.9K-23.3K
Net DEX-54.2K-837.9K478.8K478.8K160.2K
Net VEX-3.3K-4.4K-2.3K-4.4K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.0010.0010.000.00
Total Volume2.90501410
Total OI305.333226382352226

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-04-01$106.13$100.0058.0%16.6%89.7%95.5%56.7%-0.1%-12.9%-18.9K478.8K-4.4K0.00107.7801134218
2020-04-02$109.55$125.0041.8%12.0%89.9%60.5%0.0%14.2%-3.9%-20.4K204.7K-4.3K0.0096.4700134219
2020-04-03$107.66$125.0037.6%11.7%89.2%51.4%0.0%12.3%-3.2%-20.5K301.9K-4.1K0.00101.8400134219
2020-04-06$113.41$125.0032.8%11.6%88.2%41.1%0.0%8.4%-1.9%-27.2K-143.7K-3.8K10.00103.36110134219
2020-04-07$112.97$125.0054.7%11.9%87.7%88.3%41.3%10.7%0.2%-17.5K-8.1K-4.1K0.7589.6243133229
2020-04-08$114.95$115.0044.0%12.6%86.7%65.3%0.0%12.7%-2.0%-29.2K-229.7K-3.7K0.0095.8600135232
2020-04-09$115.32$115.0045.1%12.9%84.9%67.5%0.0%14.3%-1.2%-17.7K-231.2K-3.8K0.00103.2400135232
2020-04-13$116.13$115.0044.8%12.8%84.6%67.0%0.0%9.2%-6.3%-30.6K-323.9K-3.3K0.0099.7600135232
2020-04-14$120.63$115.0042.5%12.2%67.9%62.0%42.8%3.8%-7.8%-9.1K-523.9K-3.3K0.5097.9021135232
2020-04-15$123.04$115.0048.6%13.9%67.7%75.1%49.5%6.1%-11.8%3.2K-701.2K-3.3K0.0096.11140135233
2020-04-16$123.01$115.0045.1%12.9%61.6%67.6%44.5%7.6%-7.0%9.2K-837.9K-3.2K0.00101.77100149233
2020-04-17$124.55$115.0043.5%12.5%59.4%64.3%46.4%4.5%-7.0%192.3K-766.4K-3.0K0.33103.2431149233
2020-04-20$124.67$115.0047.0%13.5%51.8%71.7%0.0%9.2%-8.5%-17.2K254.7K-3.3K0.0099.460041186
2020-04-21$122.80$115.0048.8%14.0%52.5%75.6%0.0%-0.1%-8.3%-21.7K248.1K-3.0K0.00101.810041186
2020-04-22$123.54$115.0048.2%13.8%40.7%74.3%48.6%4.0%-9.6%-20.7K219.0K-3.0K0.00103.241041186
2020-04-23$124.45$115.0051.1%14.7%40.5%80.6%0.0%7.8%-11.7%-17.1K271.8K-3.3K0.00103.010041186
2020-04-24$125.81$115.0051.3%14.7%34.7%81.1%0.0%0.8%-17.0%-20.1K121.2K-2.6K0.00104.650041186
2020-04-27$127.37$115.0053.1%15.2%34.7%85.0%53.7%11.1%-16.5%-15.7K160.6K-2.9K0.00102.3310040186
2020-04-28$125.86$115.0050.8%14.6%35.0%79.9%0.0%15.4%-12.3%-18.0K102.7K-2.5K0.00105.680040186
2020-04-29$125.39$115.0050.9%14.6%32.8%80.1%0.0%15.8%-12.5%-20.4K104.4K-2.4K0.00105.170040186
2020-04-30$123.65$115.0048.9%14.0%28.6%75.8%0.0%12.8%-17.5%-23.3K160.2K-2.3K0.00106.790040186