LBRDK Options History — March 2021

In March 2021, LBRDK traded between $149.43 and $157.35. ATM implied volatility averaged 24.8%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 0.8% (HV 20d: 25.6%). Max pain ranged from $140.00 to $145.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.15.

Notable Days

  • 2021-03-30: Highest Volume — 365 contracts
  • 2021-03-31: Largest IV spike — 52.6% change
  • 2021-03-08: Highest IV Rank — 44.3%
  • 2021-03-08: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$153.25$149.43$157.35$152.23$150.65
Max Pain$140.22$140.00$145.00$140.00$145.00
ATM IV24.8%17.2%36.5%25.3%26.2%
Expected Move7.0%4.9%8.5%7.3%7.5%
HV 20d25.6%21.5%28.2%26.0%21.5%
HV 60d36.0%35.2%36.7%35.6%35.2%
IV Rank16.6%0.0%44.3%17.5%22.1%
IV Percentile29.6%0.0%77.0%30.6%44.0%
Term Structure0.9%-5.2%11.4%-1.9%-0.1%
VWIV24.2%17.6%34.9%22.8%19.6%
Skew 25d3.3%-10.9%13.4%1.7%2.3%
Skew 10d6.0%-3.3%16.6%16.6%7.8%
Call IV 25d23.4%17.0%31.3%23.8%21.6%
Put IV 25d26.8%15.1%37.5%25.5%23.9%
Bid-Ask Spread %99.9988.46107.1093.25102.44
Gamma HHI0.210.170.440.190.21
Net GEX687.2K408.7K1.0M755.6K521.9K
Net DEX-8.6M-12.7M-4.9M-8.7M-4.9M
Net VEX-29.3K-34.2K-24.9K-32.8K-27.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.009.200.290.14
Total Volume79.217736566307
Total OI1,697.4781,1452,0101,6941,749

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-03-01$152.23$140.0025.3%7.3%26.0%17.5%22.8%1.7%-1.9%755.6K-8.7M-32.8K0.2993.2551151,382312
2021-03-02$152.57$140.0025.0%7.2%25.2%16.9%24.3%1.7%-0.7%765.6K-9.0M-33.4K0.0094.242301,389316
2021-03-03$149.85$140.0025.1%7.2%23.7%17.2%27.4%1.7%1.8%700.4K-7.3M-31.8K0.7398.691181,399316
2021-03-04$149.43$140.0028.3%6.9%23.3%24.6%0.0%6.3%2.2%683.9K-7.1M-32.0K0.33100.0663211,407321
2021-03-05$153.35$140.0026.3%8.2%24.9%20.0%34.9%-1.5%-5.2%764.3K-9.9M-34.2K3.5088.4616561,452344
2021-03-08$150.53$140.0036.5%8.5%25.8%44.3%31.3%9.2%-2.7%689.2K-8.2M-33.2K1.0089.8020201,470377
2021-03-09$151.07$140.0029.6%8.5%25.6%27.8%26.1%0.6%-1.7%754.2K-8.3M-31.7K9.2088.885461,460397
2021-03-10$154.04$140.0027.6%7.9%26.1%23.0%21.2%13.4%-0.9%767.6K-10.2M-31.7K0.9698.9157551,462428
2021-03-11$152.57$140.0026.5%7.6%26.0%20.4%0.0%2.0%-0.5%790.8K-9.5M-31.8K0.33105.55621,449484
2021-03-12$153.57$140.0025.9%7.4%26.0%19.0%0.0%11.5%-1.8%847.6K-9.9M-30.3K0.74102.9023171,448486
2021-03-15$152.60$140.0025.4%7.3%26.1%17.8%25.5%8.1%2.0%895.9K-9.3M-28.2K0.83103.42651,445501
2021-03-16$156.35$140.0028.4%8.1%27.3%25.0%26.3%9.5%-2.4%906.9K-12.5M-27.4K0.00103.458401,452508
2021-03-17$156.18$140.0025.9%7.4%27.3%19.0%0.0%3.4%-1.4%1.0M-12.7M-26.2K0.60106.51531,502508
2021-03-18$153.10$140.0029.4%8.4%28.2%27.4%28.8%2.2%-1.9%781.7K-9.3M-27.6K0.0299.7816741,448511
2021-03-19$152.81$140.0021.1%6.0%27.9%7.8%21.5%5.5%3.1%408.7K-9.3M-25.9K0.05102.676531,436515
2021-03-22$155.45$140.0019.6%5.6%28.0%4.3%20.9%-2.1%1.3%458.5K-6.8M-24.9K0.53100.66179933212
2021-03-23$156.46$140.0024.4%7.0%28.0%16.2%17.6%9.5%-1.6%439.8K-7.2M-26.5K0.09107.1015915951222
2021-03-24$157.35$140.0018.1%5.2%28.0%0.5%17.9%-1.8%2.6%567.1K-9.2M-27.7K0.28100.901851,110248
2021-03-25$155.18$140.0019.4%5.6%27.3%3.7%25.3%-1.3%5.7%555.2K-8.1M-28.8K2.92102.3013381,125253
2021-03-26$153.30$140.0018.1%5.2%21.9%0.4%21.4%-10.9%9.9%567.4K-6.9M-27.4K3.00102.66391,140287
2021-03-29$153.61$140.0020.5%5.9%21.9%6.3%23.3%-2.1%3.6%577.1K-7.0M-26.8K0.17103.43611,142296
2021-03-30$152.44$140.0017.2%4.9%22.1%0.0%23.3%7.6%11.4%559.7K-6.4M-27.3K0.75103.642081571,150299
2021-03-31$150.65$145.0026.2%7.5%21.5%22.1%19.6%2.3%-0.1%521.9K-4.9M-27.0K0.14102.44269381,318431