LBRDK Options History — February 2021

In February 2021, LBRDK traded between $144.57 and $151.82. ATM implied volatility averaged 31.9%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 18.4% (HV 20d: 50.4%). Max pain ranged from $140.00 to $140.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.47.

Notable Days

2021-02-10: Highest Volume — 199 contracts
2021-02-26: Largest IV drop — 22.0% change
2021-02-03: Highest IV Rank — 51.7%
2021-02-03: Largest Expected Move — 10.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$149.10	$144.57	$151.82	$145.10	$151.82
Max Pain	$140.00	$140.00	$140.00	$140.00	$140.00
ATM IV	31.9%	25.1%	37.8%	35.1%	28.0%
Expected Move	9.0%	7.2%	10.8%	10.1%	8.0%
HV 20d	50.4%	33.5%	53.2%	51.8%	33.5%
HV 60d	34.8%	34.0%	37.6%	37.6%	35.8%
IV Rank	37.6%	23.8%	51.7%	45.8%	24.0%
IV Percentile	64.1%	31.0%	80.6%	74.6%	46.4%
Term Structure	-2.9%	-9.1%	3.7%	-4.5%	-4.2%
VWIV	30.2%	24.1%	37.5%	33.0%	28.8%
Skew 25d	4.6%	-1.6%	13.3%	1.2%	9.3%
Skew 10d	8.0%	-8.3%	27.5%	2.3%	8.2%
Call IV 25d	28.4%	22.6%	39.0%	39.0%	26.0%
Put IV 25d	33.0%	26.8%	41.7%	40.2%	35.2%
Bid-Ask Spread %	88.09	74.90	106.39	103.02	92.93
Gamma HHI	0.20	0.18	0.25	0.20	0.20
Net GEX	423.3K	238.7K	663.3K	238.7K	663.3K
Net DEX	-4.7M	-8.5M	-2.3M	-2.3M	-8.5M
Net VEX	-26.3K	-36.4K	-18.5K	-18.5K	-36.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.00	3.64	0.00	0.15
Total Volume	77	10	199	15	105
Total OI	1,270.158	926	1,689	926	1,689

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
2021-02-01	$145.10	$140.00	35.1%	10.1%	51.8%	45.8%	0.0%	1.2%	-4.5%	238.7K	-2.3M	-18.5K	0.00	103.02	15	0	792	134
2021-02-02	$149.84	$140.00	31.7%	9.1%	53.1%	38.4%	33.0%	13.3%	-7.0%	323.3K	-3.6M	-20.7K	0.00	106.39	10	0	799	134
2021-02-03	$148.04	$140.00	37.8%	10.8%	53.0%	51.7%	37.5%	-1.6%	-9.1%	291.6K	-3.1M	-19.7K	0.25	102.97	32	8	806	134
2021-02-04	$148.93	$140.00	34.1%	7.8%	52.9%	43.5%	24.8%	4.0%	-3.1%	325.6K	-3.3M	-20.2K	0.75	94.74	28	21	819	142
2021-02-05	$148.20	$140.00	32.8%	8.0%	52.9%	40.8%	24.1%	4.4%	0.4%	311.4K	-3.4M	-20.1K	0.10	97.38	20	2	827	159
2021-02-08	$149.65	$140.00	30.5%	8.9%	53.0%	35.7%	28.5%	0.4%	-3.9%	315.3K	-3.6M	-20.5K	0.09	79.55	140	12	844	161
2021-02-09	$151.81	$140.00	30.8%	8.5%	53.2%	36.3%	29.3%	3.7%	0.7%	390.1K	-4.9M	-23.1K	0.10	80.72	40	4	928	166
2021-02-10	$150.12	$140.00	25.1%	7.2%	51.5%	23.8%	26.9%	4.3%	0.7%	391.0K	-4.6M	-23.0K	0.03	81.73	193	6	945	169
2021-02-11	$150.40	$140.00	29.9%	8.6%	51.5%	34.4%	30.7%	4.2%	-2.3%	447.0K	-5.4M	-26.3K	3.64	74.90	25	91	1,071	176
2021-02-12	$149.67	$140.00	29.3%	8.4%	51.4%	33.1%	31.1%	3.6%	3.7%	423.4K	-4.9M	-28.5K	1.71	76.40	7	12	1,096	263
2021-02-16	$150.79	$140.00	32.7%	9.4%	51.1%	40.5%	31.6%	4.5%	-5.3%	448.5K	-5.4M	-27.7K	0.16	81.23	55	9	1,103	265
2021-02-17	$151.63	$140.00	33.8%	9.7%	51.2%	43.0%	30.6%	4.6%	-2.6%	497.6K	-6.2M	-28.3K	0.43	78.91	14	6	1,146	269
2021-02-18	$150.59	$140.00	32.5%	9.3%	50.8%	38.7%	31.7%	3.9%	-1.3%	579.0K	-5.8M	-27.8K	0.83	80.60	75	62	1,168	272
2021-02-19	$149.01	$140.00	28.7%	8.2%	50.8%	29.1%	30.0%	4.1%	-0.6%	495.8K	-4.9M	-31.2K	0.22	85.52	23	5	1,221	363
2021-02-22	$147.29	$140.00	30.8%	8.8%	50.9%	34.0%	29.6%	2.8%	-1.5%	466.1K	-4.3M	-30.1K	0.07	88.01	85	6	1,129	280
2021-02-23	$147.78	$140.00	33.2%	9.5%	50.9%	39.3%	30.7%	6.1%	-2.0%	507.9K	-4.8M	-31.1K	0.07	89.26	124	9	1,203	281
2021-02-24	$147.63	$140.00	34.5%	9.9%	50.9%	39.5%	31.4%	3.4%	-4.6%	490.3K	-5.6M	-32.6K	0.16	86.87	37	6	1,279	290
2021-02-25	$144.57	$140.00	35.9%	10.3%	42.9%	42.8%	34.1%	10.8%	-8.3%	436.9K	-5.2M	-33.2K	0.11	92.52	159	17	1,314	296
2021-02-26	$151.82	$140.00	28.0%	8.0%	33.5%	24.0%	28.8%	9.3%	-4.2%	663.3K	-8.5M	-36.4K	0.15	92.93	91	14	1,392	297