LBRDK Options History — May 2021

In May 2021, LBRDK traded between $160.13 and $167.47. ATM implied volatility averaged 18.2%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 0.7% (HV 20d: 18.9%). Max pain ranged from $145.00 to $155.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.55.

Notable Days

2021-05-17: Highest Volume — 128 contracts
2021-05-06: Largest IV drop — 44.0% change
2021-05-05: Highest IV Rank — 30.1%
2021-05-05: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$164.39	$160.13	$167.47	$163.50	$166.49
Max Pain	$150.50	$145.00	$155.00	$145.00	$155.00
ATM IV	18.2%	13.5%	26.7%	18.9%	19.4%
Expected Move	5.3%	4.1%	7.7%	5.4%	5.6%
HV 20d	18.9%	14.1%	22.5%	14.1%	21.4%
HV 60d	20.7%	19.4%	22.3%	20.1%	19.4%
IV Rank	12.2%	0.0%	30.1%	10.6%	17.2%
IV Percentile	7.1%	0.0%	55.2%	2.4%	8.7%
Term Structure	0.8%	-5.0%	5.9%	-1.6%	0.5%
VWIV	20.3%	15.8%	34.4%	22.7%	21.6%
Skew 25d	2.8%	-2.6%	11.0%	1.1%	7.6%
Skew 10d	0.4%	-7.2%	7.7%	2.1%	0.3%
Call IV 25d	19.0%	12.6%	25.1%	25.1%	19.3%
Put IV 25d	21.9%	15.6%	26.9%	26.2%	26.9%
Bid-Ask Spread %	101.17	95.44	104.85	100.48	104.75
Gamma HHI	0.36	0.27	0.65	0.31	0.30
Net GEX	1.1M	691.4K	1.9M	914.1K	792.7K
Net DEX	-14.0M	-17.7M	-10.5M	-14.2M	-11.1M
Net VEX	-22.2K	-25.2K	-18.5K	-23.5K	-22.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.00	3.67	0.25	3.67
Total Volume	40.75	1	128	25	14
Total OI	1,747.3	1,394	2,096	1,667	1,537

Daily Data (20 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
2021-05-03	$163.50	$145.00	18.9%	5.4%	14.1%	10.6%	22.7%	1.1%	-1.6%	914.1K	-14.2M	-23.5K	0.25	100.48	20	5	1,370	297
2021-05-04	$161.40	$145.00	22.8%	6.5%	15.5%	20.3%	0.0%	-1.3%	-4.7%	929.8K	-12.9M	-24.5K	0.00	103.61	1	0	1,376	302
2021-05-05	$162.38	$145.00	26.7%	7.7%	14.8%	30.1%	23.9%	2.9%	-2.8%	977.4K	-13.1M	-23.2K	0.00	101.62	17	0	1,376	302
2021-05-06	$162.12	$150.00	15.0%	6.2%	14.9%	1.0%	20.8%	0.1%	-0.8%	941.2K	-13.4M	-22.7K	0.46	99.65	65	30	1,378	302
2021-05-07	$167.01	$150.00	13.5%	5.1%	17.2%	0.0%	18.2%	2.2%	1.3%	1.0M	-17.2M	-20.2K	0.00	103.56	32	0	1,416	330
2021-05-10	$166.39	$150.00	16.6%	4.3%	17.4%	7.4%	15.8%	7.8%	4.4%	977.6K	-17.5M	-18.5K	0.88	99.04	49	43	1,410	330
2021-05-11	$164.64	$150.00	16.0%	4.3%	18.3%	6.1%	18.6%	8.4%	5.4%	1.1M	-15.6M	-21.0K	0.53	95.44	15	8	1,448	338
2021-05-12	$162.93	$150.00	18.6%	5.3%	18.7%	13.5%	0.0%	-1.5%	4.0%	1.0M	-14.0M	-22.1K	0.05	98.92	41	2	1,441	338
2021-05-13	$163.42	$150.00	16.5%	4.7%	17.0%	8.7%	16.6%	-2.6%	4.2%	1.2M	-15.0M	-19.4K	1.47	104.85	17	25	1,481	338
2021-05-14	$166.72	$150.00	17.9%	5.1%	17.5%	12.6%	0.0%	11.0%	-1.4%	1.0M	-17.7M	-19.8K	0.00	99.33	61	0	1,498	356
2021-05-17	$163.39	$150.00	17.7%	5.1%	19.4%	12.2%	22.0%	8.2%	1.4%	1.2M	-15.1M	-20.6K	1.61	104.33	49	79	1,551	356
2021-05-18	$162.00	$150.00	17.2%	4.9%	19.5%	10.8%	17.8%	1.7%	5.0%	1.2M	-13.5M	-23.6K	0.33	103.18	6	2	1,590	433
2021-05-19	$160.13	$150.00	16.2%	4.6%	19.9%	7.8%	20.6%	1.0%	5.9%	1.2M	-12.6M	-23.3K	0.00	100.02	45	0	1,623	431
2021-05-20	$164.64	$150.00	16.9%	4.9%	22.1%	9.9%	18.5%	0.1%	1.2%	1.8M	-16.9M	-23.6K	0.00	101.10	10	0	1,665	431
2021-05-21	$164.55	$150.00	20.3%	5.8%	22.1%	19.9%	20.5%	1.8%	-5.0%	1.9M	-16.1M	-25.2K	0.26	96.94	23	6	1,665	430
2021-05-24	$167.47	$155.00	14.3%	4.1%	22.3%	2.2%	15.8%	-2.1%	5.9%	691.4K	-11.5M	-21.6K	0.34	98.00	32	11	1,061	333
2021-05-25	$166.40	$155.00	19.0%	5.4%	22.5%	15.9%	34.4%	4.1%	-1.2%	732.7K	-10.5M	-22.5K	0.42	100.03	19	8	1,093	343
2021-05-26	$166.10	$155.00	21.5%	6.2%	22.5%	23.3%	15.9%	1.5%	-5.0%	727.8K	-10.5M	-23.0K	0.17	104.61	47	8	1,111	351
2021-05-27	$166.10	$155.00	18.7%	5.4%	21.5%	15.2%	20.7%	4.6%	-0.4%	882.1K	-10.5M	-23.0K	0.56	104.02	16	9	1,158	357
2021-05-28	$166.49	$155.00	19.4%	5.6%	21.4%	17.2%	21.6%	7.6%	0.5%	792.7K	-11.1M	-22.9K	3.67	104.75	3	11	1,174	363