LBRDK Options History — December 2020

In December 2020, LBRDK traded between $155.07 and $164.54. ATM implied volatility averaged 24.5%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 4.3% (HV 20d: 20.2%). Max pain ranged from $135.00 to $155.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.29.

Notable Days

  • 2020-12-16: Highest Volume — 58 contracts
  • 2020-12-24: Largest IV drop — 24.2% change
  • 2020-12-23: Highest IV Rank — 31.7%
  • 2020-12-23: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$160.16$155.07$164.54$160.94$158.58
Max Pain$153.18$135.00$155.00$135.00$155.00
ATM IV24.5%20.5%28.6%23.9%21.7%
Expected Move7.0%5.9%8.2%6.9%6.2%
HV 20d20.2%14.3%31.3%31.3%23.6%
HV 60d27.5%26.2%28.6%28.6%27.1%
IV Rank22.5%13.9%31.7%21.4%16.5%
IV Percentile34.3%9.9%57.9%32.1%12.3%
Term Structure1.3%-5.0%5.6%0.5%-0.1%
VWIV24.8%19.7%35.2%35.2%22.5%
Skew 25d3.6%-4.3%14.5%0.8%14.5%
Skew 10d4.8%-3.2%29.3%-2.2%-1.0%
Call IV 25d22.7%18.1%29.7%26.7%20.3%
Put IV 25d26.3%21.7%35.5%27.6%34.8%
Bid-Ask Spread %106.74101.13111.83106.06111.83
Gamma HHI0.440.320.580.530.37
Net GEX118.7K78.9K185.3K118.9K120.1K
Net DEX-2.9M-4.4M-1.3M-3.3M-1.7M
Net VEX-8.0K-13.0K-3.2K-3.2K-13.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.004.570.000.00
Total Volume14.40915871
Total OI391.136287529349370

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-12-01$160.94$135.0023.9%6.9%31.3%21.4%0.0%0.8%0.5%118.9K-3.3M-3.2K0.00106.067026386
2020-12-02$161.28$135.0025.6%7.3%31.0%25.0%35.2%-4.3%2.9%114.9K-3.4M-3.5K0.00105.740526986
2020-12-03$161.25$155.0025.6%6.9%23.7%25.0%0.0%8.6%1.1%115.7K-3.4M-3.5K0.00102.907026990
2020-12-04$163.02$155.0024.0%6.7%23.0%21.4%0.0%6.9%2.7%111.1K-3.6M-3.6K0.00102.2621027690
2020-12-07$164.54$155.0027.2%7.5%23.0%28.5%28.7%8.7%-5.0%108.5K-3.8M-3.5K0.00105.578028290
2020-12-08$162.53$155.0024.8%6.8%15.3%23.3%0.0%5.6%2.2%114.3K-3.8M-4.0K4.57103.8873229090
2020-12-09$160.05$155.0024.6%7.0%16.6%22.8%0.0%1.9%2.1%137.8K-3.2M-5.8K0.00106.5660296122
2020-12-10$160.94$155.0024.8%7.1%16.6%23.2%0.0%6.9%1.6%134.6K-3.3M-6.0K0.63107.4385302122
2020-12-11$161.64$155.0025.6%7.3%16.6%25.0%0.0%0.3%0.8%109.7K-3.4M-6.4K0.00109.6270310120
2020-12-14$161.01$155.0025.3%7.2%15.6%24.3%0.0%0.9%-1.3%138.6K-3.5M-6.4K0.00109.47130317120
2020-12-15$160.81$155.0025.2%7.2%15.3%24.1%0.0%0.4%1.9%172.3K-3.9M-7.9K0.00110.02140365120
2020-12-16$160.35$155.0023.7%6.8%14.4%20.8%23.1%-0.9%3.4%185.3K-3.9M-8.5K0.00110.67580379120
2020-12-17$163.08$155.0023.1%6.6%14.3%19.5%22.5%1.4%3.3%160.5K-4.4M-9.7K0.00109.99130396120
2020-12-18$158.92$155.0020.5%5.9%17.3%13.9%19.7%-2.1%5.6%80.9K-3.6M-9.9K0.18109.37173409120
2020-12-21$160.26$155.0024.0%6.9%16.6%21.4%0.0%-1.5%2.6%78.9K-1.4M-10.4K0.00110.6014022958
2020-12-22$155.07$155.0026.5%7.6%20.3%27.1%23.6%3.4%-2.8%80.9K-1.3M-10.6K0.00103.1620024358
2020-12-23$156.76$155.0028.6%8.2%20.7%31.7%27.6%13.3%-0.3%95.2K-1.4M-11.3K0.33101.1915526358
2020-12-24$159.67$155.0021.7%6.2%21.5%16.5%20.6%1.8%4.0%108.4K-1.6M-12.1K0.00107.068027863
2020-12-28$157.17$155.0023.9%6.8%22.2%21.2%0.0%10.9%1.9%101.8K-1.7M-12.4K0.00101.137028563
2020-12-29$159.29$155.0024.0%6.9%22.7%21.6%22.5%1.1%1.1%114.4K-1.7M-12.5K0.13105.828129263
2020-12-30$156.30$155.0024.1%6.9%23.0%21.8%0.0%0.1%0.3%109.3K-1.7M-12.6K0.00107.907029964
2020-12-31$158.58$155.0021.7%6.2%23.6%16.5%0.0%14.5%-0.1%120.1K-1.7M-13.0K0.00111.830130664