LBRDK Options History — September 2020

In September 2020, LBRDK traded between $136.67 and $144.68. ATM implied volatility averaged 25.6%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 4.2% (HV 20d: 21.4%). Max pain ranged from $115.00 to $145.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.22.

Notable Days

2020-09-24: Highest Volume — 8 contracts
2020-09-21: Largest IV spike — 28.5% change
2020-09-08: Highest IV Rank — 37.5%
2020-09-24: Largest Expected Move — 8.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$140.95	$136.67	$144.68	$141.46	$143.08
Max Pain	$139.52	$115.00	$145.00	$115.00	$145.00
ATM IV	25.6%	21.1%	31.0%	24.3%	24.9%
Expected Move	7.3%	6.0%	8.3%	7.0%	7.1%
HV 20d	21.4%	13.3%	28.7%	13.3%	28.5%
HV 60d	20.2%	18.9%	21.6%	19.3%	20.3%
IV Rank	25.7%	15.9%	37.5%	23.0%	24.1%
IV Percentile	48.8%	24.6%	71.0%	43.7%	44.4%
Term Structure	3.6%	-0.1%	12.2%	3.7%	1.0%
VWIV	22.9%	20.3%	24.9%	24.9%	23.6%
Skew 25d	1.3%	-1.9%	6.8%	2.0%	2.0%
Skew 10d	0.9%	-6.4%	12.2%	6.3%	12.2%
Call IV 25d	26.6%	22.7%	32.4%	25.5%	30.6%
Put IV 25d	27.9%	23.6%	33.0%	27.5%	32.6%
Bid-Ask Spread %	109.97	105.80	113.97	112.54	112.97
Gamma HHI	0.31	0.23	0.44	0.25	0.30
Net GEX	5.0K	-2.3K	10.9K	8.4K	3.5K
Net DEX	-125.3K	-222.1K	-24.8K	-177.1K	-134.9K
Net VEX	-737	-888	-595	-797	-831
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.22	0.00	1.00	0.00	1.00
Total Volume	1.333	0	8	3	0
Total OI	49.286	34	57	55	47

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
2020-09-01	$141.46	$115.00	24.3%	7.0%	13.3%	23.0%	0.0%	2.0%	3.7%	8.4K	-177.1K	-797	0.00	112.54	3	0	28	27
2020-09-02	$143.44	$115.00	23.5%	6.7%	14.2%	21.2%	0.0%	-1.9%	2.6%	8.4K	-202.4K	-772	0.00	113.97	6	0	28	27
2020-09-03	$139.25	$140.00	28.7%	8.2%	17.4%	32.5%	0.0%	1.5%	-0.1%	8.4K	-159.8K	-878	0.00	105.80	0	0	30	27
2020-09-04	$137.38	$140.00	26.7%	8.3%	17.2%	28.1%	0.0%	-1.4%	2.9%	8.1K	-129.2K	-888	0.00	108.22	0	0	30	27
2020-09-08	$136.67	$140.00	31.0%	7.8%	16.5%	37.5%	0.0%	6.8%	0.7%	7.7K	-108.0K	-829	0.00	106.52	0	0	28	27
2020-09-09	$139.96	$140.00	25.1%	7.2%	17.0%	24.6%	0.0%	3.0%	3.2%	8.6K	-148.3K	-790	0.00	108.44	1	0	28	27
2020-09-10	$137.86	$140.00	25.3%	7.3%	17.6%	25.2%	0.0%	0.7%	2.1%	8.5K	-129.6K	-774	0.00	109.32	0	0	28	27
2020-09-11	$137.82	$140.00	25.9%	7.4%	17.4%	26.5%	24.9%	5.4%	3.3%	8.8K	-126.5K	-760	0.00	107.11	1	0	28	27
2020-09-14	$139.56	$140.00	25.6%	7.3%	18.0%	25.7%	0.0%	0.7%	1.2%	8.3K	-156.2K	-703	0.00	109.32	0	0	28	27
2020-09-15	$142.36	$140.00	23.6%	6.8%	19.4%	21.3%	0.0%	1.8%	4.3%	8.9K	-188.0K	-636	0.00	110.49	0	0	28	27
2020-09-16	$144.68	$140.00	24.1%	6.9%	20.1%	22.4%	0.0%	0.0%	3.5%	10.9K	-222.1K	-595	0.00	111.01	1	0	28	27
2020-09-17	$140.79	$140.00	26.9%	7.7%	22.5%	28.5%	20.3%	-0.5%	4.7%	8.5K	-172.7K	-669	1.00	110.77	1	1	29	27
2020-09-18	$142.20	$140.00	21.1%	6.0%	22.7%	15.9%	0.0%	-0.8%	12.2%	-937	-183.6K	-659	0.00	111.14	0	0	29	28
2020-09-21	$140.18	$145.00	27.1%	7.8%	23.4%	28.9%	0.0%	2.6%	5.1%	-2.3K	-26.4K	-638	0.00	109.55	0	0	10	24
2020-09-22	$144.65	$145.00	23.7%	6.8%	25.7%	21.6%	0.0%	0.4%	5.8%	-1.6K	-46.3K	-601	0.00	109.89	0	0	10	24
2020-09-23	$141.70	$145.00	26.9%	7.7%	26.9%	28.5%	0.0%	1.8%	5.3%	-2.2K	-28.8K	-669	0.00	110.25	0	0	10	24
2020-09-24	$139.60	$145.00	28.9%	8.3%	27.3%	32.8%	0.0%	0.4%	2.8%	-2.3K	-24.8K	-644	0.00	110.41	8	0	10	24
2020-09-25	$140.26	$145.00	26.0%	7.5%	27.4%	26.6%	0.0%	-0.4%	5.2%	680	-55.2K	-794	0.00	110.98	0	0	18	24
2020-09-28	$143.57	$145.00	23.6%	6.8%	28.7%	21.5%	0.0%	1.2%	3.5%	2.6K	-90.4K	-712	0.00	110.69	4	0	18	24
2020-09-29	$143.38	$145.00	24.5%	7.0%	28.6%	23.3%	23.6%	1.3%	3.4%	3.1K	-121.5K	-830	1.00	109.99	1	1	22	24
2020-09-30	$143.08	$145.00	24.9%	7.1%	28.5%	24.1%	0.0%	2.0%	1.0%	3.5K	-134.9K	-831	0.00	112.97	0	0	23	24