LBRDK Options History — July 2020

In July 2020, LBRDK traded between $125.69 and $137.19. ATM implied volatility averaged 31.1%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 9.0% (HV 20d: 22.1%). Max pain ranged from $125.00 to $130.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.45.

Notable Days

2020-07-06: Highest Volume — 32 contracts
2020-07-07: Largest IV drop — 29.3% change
2020-07-14: Highest IV Rank — 62.2%
2020-07-02: Largest Expected Move — 10.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$130.82	$125.69	$137.19	$127.88	$137.19
Max Pain	$125.91	$125.00	$130.00	$125.00	$130.00
ATM IV	31.1%	24.4%	42.4%	31.7%	29.6%
Expected Move	8.6%	7.0%	10.0%	9.1%	8.5%
HV 20d	22.1%	15.4%	25.7%	24.1%	15.4%
HV 60d	23.7%	23.0%	24.8%	24.4%	23.2%
IV Rank	37.6%	23.2%	62.2%	38.9%	34.5%
IV Percentile	69.0%	46.8%	85.7%	73.8%	67.1%
Term Structure	-2.2%	-6.6%	2.9%	-3.4%	-1.8%
VWIV	30.0%	27.0%	34.2%	34.2%	28.0%
Skew 25d	5.1%	-3.5%	11.1%	6.1%	-3.5%
Skew 10d	12.3%	-1.2%	26.9%	6.7%	10.7%
Call IV 25d	29.1%	22.6%	35.6%	31.1%	33.6%
Put IV 25d	34.1%	27.7%	43.0%	37.1%	30.1%
Bid-Ask Spread %	105.83	95.49	111.20	108.55	110.21
Gamma HHI	0.29	0.21	0.47	0.21	0.47
Net GEX	7.8K	6.2K	8.9K	6.8K	8.1K
Net DEX	-142.1K	-228.0K	-93.1K	-108.5K	-186.4K
Net VEX	-435	-478	-394	-473	-407
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.45	0.00	3.50	0.00	0.00
Total Volume	4.318	0	32	4	5
Total OI	35.591	24	45	39	34

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
2020-07-01	$127.88	$125.00	31.7%	9.1%	24.1%	38.9%	34.2%	6.1%	-3.4%	6.8K	-108.5K	-473	0.00	108.55	4	0	30	9
2020-07-02	$125.69	$125.00	34.9%	10.0%	24.2%	45.9%	27.0%	11.1%	-6.5%	6.2K	-93.1K	-457	0.00	110.16	4	0	30	9
2020-07-06	$125.84	$125.00	35.6%	8.7%	24.2%	47.5%	27.8%	5.4%	2.9%	6.9K	-97.4K	-458	0.28	102.30	25	7	32	9
2020-07-07	$128.65	$125.00	25.2%	7.9%	25.7%	24.9%	28.3%	6.3%	-1.6%	8.2K	-141.7K	-478	0.00	102.77	1	0	33	9
2020-07-08	$128.07	$125.00	28.6%	8.4%	25.5%	32.3%	0.0%	10.0%	-0.7%	7.9K	-126.9K	-471	0.00	101.92	0	0	33	9
2020-07-09	$127.28	$125.00	34.3%	8.4%	25.5%	44.6%	0.0%	7.1%	-1.6%	8.5K	-115.5K	-433	0.00	105.51	0	0	33	9
2020-07-10	$128.55	$125.00	35.9%	8.7%	22.1%	48.1%	0.0%	8.8%	-3.8%	8.6K	-146.8K	-461	0.00	106.91	0	0	33	9
2020-07-13	$127.46	$125.00	36.4%	9.8%	22.3%	49.2%	0.0%	3.5%	1.0%	8.2K	-125.4K	-428	0.00	103.89	0	0	33	9
2020-07-14	$129.38	$125.00	42.4%	8.9%	22.9%	62.2%	0.0%	10.9%	-5.0%	8.4K	-150.1K	-394	0.00	103.16	0	0	33	9
2020-07-15	$131.06	$125.00	32.6%	9.4%	22.9%	41.0%	33.7%	8.2%	-3.9%	8.4K	-177.8K	-405	0.28	95.49	25	7	33	9
2020-07-16	$130.79	$125.00	29.5%	8.5%	23.0%	34.2%	0.0%	3.0%	-0.1%	8.1K	-175.5K	-399	0.00	102.71	0	5	33	9
2020-07-17	$133.18	$125.00	25.8%	7.4%	23.8%	26.1%	31.1%	1.5%	2.9%	6.5K	-228.0K	-442	0.00	107.94	1	0	33	12
2020-07-20	$133.40	$125.00	24.4%	7.0%	23.6%	23.2%	0.0%	0.0%	2.5%	7.6K	-140.0K	-411	0.00	111.20	0	0	18	6
2020-07-21	$133.31	$125.00	26.6%	7.6%	23.3%	27.8%	0.0%	7.8%	-0.8%	6.9K	-136.8K	-417	0.00	102.63	0	0	18	6
2020-07-22	$133.74	$125.00	29.2%	8.4%	23.3%	33.6%	0.0%	8.2%	-2.3%	6.9K	-138.1K	-416	0.00	105.18	2	0	18	6
2020-07-23	$132.65	$125.00	29.0%	8.3%	20.3%	33.2%	0.0%	6.3%	-3.2%	7.3K	-136.2K	-435	0.00	105.48	0	0	19	6
2020-07-24	$132.57	$125.00	30.6%	8.8%	20.1%	36.7%	0.0%	1.8%	-3.7%	7.8K	-133.4K	-425	0.00	103.39	0	0	19	6
2020-07-27	$132.07	$125.00	32.4%	9.3%	20.2%	40.3%	29.6%	-2.4%	-5.4%	8.2K	-136.7K	-407	3.50	110.52	2	7	19	6
2020-07-28	$132.40	$130.00	30.6%	8.8%	19.9%	36.6%	0.0%	10.4%	-6.6%	8.9K	-138.7K	-450	0.00	110.97	0	0	21	13
2020-07-29	$132.96	$130.00	27.2%	7.8%	19.1%	29.2%	0.0%	0.9%	-2.9%	8.7K	-138.9K	-456	0.00	109.24	0	0	21	13
2020-07-30	$134.02	$130.00	31.0%	8.9%	15.5%	37.4%	0.0%	0.6%	-4.0%	8.5K	-153.5K	-438	0.00	108.19	0	0	21	13
2020-07-31	$137.19	$130.00	29.6%	8.5%	15.4%	34.5%	28.0%	-3.5%	-1.8%	8.1K	-186.4K	-407	0.00	110.21	5	0	21	13