LBRDK Options History — January 2021

In January 2021, LBRDK traded between $142.96 and $156.10. ATM implied volatility averaged 31.5%, placing in the 37.8% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 2.8% (HV 20d: 28.7%). Max pain ranged from $150.00 to $165.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.98.

Notable Days

2021-01-27: Highest Volume — 79 contracts
2021-01-13: Largest IV drop — 41.6% change
2021-01-12: Highest IV Rank — 73.9%
2021-01-26: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$152.16	$142.96	$156.10	$155.59	$147.28
Max Pain	$152.86	$150.00	$165.00	$165.00	$150.00
ATM IV	31.5%	25.7%	47.9%	25.9%	29.1%
Expected Move	8.1%	6.8%	9.3%	6.8%	8.3%
HV 20d	28.7%	23.2%	52.1%	24.5%	52.1%
HV 60d	29.0%	27.2%	37.7%	27.4%	37.7%
IV Rank	37.8%	25.2%	73.9%	25.7%	32.7%
IV Percentile	62.5%	40.1%	90.9%	46.8%	57.5%
Term Structure	-1.9%	-9.8%	6.6%	0.8%	6.6%
VWIV	30.6%	24.8%	33.8%	28.5%	33.4%
Skew 25d	2.3%	-3.6%	7.0%	1.3%	-3.6%
Skew 10d	8.4%	-8.6%	25.8%	17.4%	-3.5%
Call IV 25d	27.7%	21.0%	36.2%	21.0%	34.1%
Put IV 25d	30.0%	22.3%	38.2%	22.3%	30.5%
Bid-Ask Spread %	98.01	89.92	108.87	104.35	103.15
Gamma HHI	0.29	0.21	0.41	0.38	0.21
Net GEX	170.5K	107.0K	323.9K	107.5K	250.2K
Net DEX	-2.2M	-5.0M	-1.2M	-1.5M	-2.8M
Net VEX	-16.7K	-22.6K	-12.3K	-12.4K	-20.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.98	0.00	14.00	0.14	0.16
Total Volume	34.053	5	79	8	37
Total OI	599	371	919	371	919

Daily Data (19 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
2021-01-04	$155.59	$0.00	25.9%	6.8%	24.5%	25.7%	0.0%	1.3%	0.8%	107.5K	-1.5M	-12.4K	0.14	104.35	7	1	306	65
2021-01-05	$153.57	$0.00	25.7%	6.8%	24.3%	25.3%	0.0%	3.9%	2.4%	107.0K	-1.3M	-12.3K	0.00	103.68	14	0	313	66
2021-01-06	$151.50	$0.00	28.9%	7.2%	24.2%	32.3%	0.0%	-0.8%	-0.8%	109.1K	-1.2M	-12.3K	0.00	106.87	52	0	327	66
2021-01-07	$152.41	$0.00	34.3%	7.9%	24.2%	44.1%	0.0%	2.0%	-5.5%	126.5K	-1.5M	-13.6K	0.04	90.68	53	2	369	66
2021-01-08	$153.21	$0.00	37.0%	7.8%	23.9%	50.1%	28.5%	1.9%	-1.9%	136.2K	-2.0M	-15.6K	0.09	93.38	11	1	411	68
2021-01-11	$154.33	$165.00	45.2%	8.6%	24.0%	67.9%	0.0%	-1.8%	-9.8%	154.9K	-2.2M	-15.9K	0.17	90.06	23	4	422	69
2021-01-12	$148.55	$165.00	47.9%	8.1%	27.1%	73.9%	29.9%	-0.1%	-3.3%	131.5K	-1.3M	-14.4K	0.10	95.00	10	1	455	72
2021-01-13	$147.76	$160.00	28.0%	8.0%	27.1%	30.3%	31.2%	3.9%	0.1%	125.6K	-1.4M	-14.9K	14.00	89.92	1	14	463	73
2021-01-14	$149.36	$150.00	30.2%	8.7%	27.6%	35.1%	0.0%	6.9%	-0.8%	133.1K	-1.3M	-15.0K	0.10	94.42	41	4	464	87
2021-01-15	$151.67	$150.00	29.2%	8.4%	28.4%	33.0%	30.1%	1.7%	-3.7%	165.0K	-2.0M	-16.9K	1.87	99.66	15	28	503	87
2021-01-19	$151.63	$150.00	31.4%	9.0%	27.4%	37.7%	33.3%	7.0%	-3.9%	158.7K	-2.1M	-17.5K	0.25	90.31	4	1	499	109
2021-01-20	$154.33	$150.00	29.0%	8.3%	27.1%	32.5%	31.3%	4.7%	-5.4%	176.0K	-2.7M	-18.3K	0.27	95.24	11	3	502	110
2021-01-21	$155.66	$150.00	28.2%	8.1%	27.1%	30.8%	25.8%	6.7%	-2.7%	175.4K	-2.8M	-18.8K	0.00	94.33	66	0	510	113
2021-01-22	$155.06	$150.00	25.8%	7.4%	24.5%	25.5%	30.3%	1.1%	0.4%	224.1K	-3.1M	-19.4K	0.75	100.38	8	6	576	113
2021-01-25	$155.46	$150.00	31.7%	9.1%	24.2%	38.4%	32.6%	6.6%	-4.7%	226.9K	-3.2M	-19.5K	0.06	98.98	64	4	584	119
2021-01-26	$154.67	$150.00	32.5%	9.3%	23.2%	40.2%	33.1%	3.9%	-3.4%	244.2K	-3.5M	-20.4K	0.18	99.71	55	10	632	123
2021-01-27	$142.96	$150.00	31.7%	9.1%	35.7%	38.4%	33.8%	-2.8%	-1.6%	164.6K	-1.5M	-17.5K	0.49	103.14	53	26	688	133
2021-01-28	$156.10	$150.00	25.7%	7.4%	48.3%	25.2%	24.8%	1.0%	1.7%	323.9K	-5.0M	-22.6K	0.00	108.87	17	0	763	136
2021-01-29	$147.28	$150.00	29.1%	8.3%	52.1%	32.7%	33.4%	-3.6%	6.6%	250.2K	-2.8M	-20.1K	0.16	103.15	32	5	783	136