LBRDK Options History — March 2023

In March 2023, LBRDK traded between $76.78 and $87.03. ATM implied volatility averaged 38.3%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 8.9% (HV 20d: 29.5%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 0.65.

Notable Days

  • 2023-03-23: Highest Volume — 68 contracts
  • 2023-03-10: Largest IV spike — 64.7% change
  • 2023-03-10: Highest IV Rank — 86.8%
  • 2023-03-10: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.73$76.78$87.03$85.63$81.66
Max Pain$80.00$80.00$80.00$80.00$80.00
ATM IV38.3%31.7%60.2%34.4%43.2%
Expected Move10.6%8.5%12.7%9.9%12.4%
HV 20d29.5%23.4%32.2%31.8%32.2%
HV 60d38.1%30.8%48.8%48.0%30.8%
IV Rank33.8%17.7%86.8%24.4%45.5%
IV Percentile53.1%19.0%98.8%36.9%77.8%
Term Structure2.0%-5.8%8.9%4.3%-0.9%
VWIV45.9%38.8%59.7%59.7%38.8%
Skew 25d4.8%-10.0%14.4%-0.4%14.4%
Skew 10d11.5%-13.4%72.4%-6.6%-4.6%
Call IV 25d39.4%29.4%49.8%40.9%42.3%
Put IV 25d44.2%30.3%56.7%40.6%56.7%
Bid-Ask Spread %107.09103.35111.00106.04109.58
Gamma HHI0.470.130.950.940.16
Net GEX213.9K4.8K1.1M769.9K7.5K
Net DEX-1.3M-6.9M373.2K-6.8M-163.0K
Net VEX-6.9K-19.5K-3.8K-19.5K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.002.001.000.00
Total Volume5.78306851
Total OI1,653.133002,6772,663367

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$85.63$80.0034.4%9.9%31.8%24.4%0.0%-0.4%4.3%769.9K-6.8M-19.5K0.00106.04052,418245
2023-03-02$85.65$80.0036.1%10.4%26.0%28.4%59.7%3.2%0.7%808.2K-5.6M-17.5K0.00103.89022,418250
2023-03-03$87.03$80.0038.7%11.1%24.8%34.6%0.0%8.5%1.1%916.3K-6.9M-18.0K0.00108.75002,418250
2023-03-06$86.65$0.0031.7%10.2%23.4%17.7%0.0%5.6%4.5%1.1M-5.8M-15.3K1.00104.09112,418250
2023-03-07$83.19$0.0033.3%8.5%26.7%21.7%0.0%8.2%4.5%392.7K-1.6M-8.0K0.17105.93612,417249
2023-03-08$82.94$0.0042.3%9.9%26.7%43.3%0.0%3.4%0.3%601.1K-3.0M-10.8K0.00103.58042,423250
2023-03-09$80.25$0.0036.5%9.8%28.2%29.4%0.0%-10.0%-0.5%107.6K-378.4K-5.6K2.00107.89242,423254
2023-03-10$76.78$0.0060.2%12.7%30.7%86.8%0.0%-2.2%1.6%36.3K373.2K-4.7K1.50105.56232,425250
2023-03-13$77.79$0.0041.3%11.3%30.7%41.0%0.0%4.3%2.1%27.2K189.9K-4.4K0.00110.13002,423233
2023-03-14$77.54$0.0036.8%10.4%30.0%30.1%0.0%6.7%2.8%26.3K300.7K-4.2K0.00109.77102,423233
2023-03-15$78.72$0.0041.9%12.0%31.2%42.4%0.0%1.9%-3.9%29.3K73.1K-4.3K1.00103.35332,422233
2023-03-16$79.93$0.0037.5%10.7%30.7%31.7%0.0%-1.1%5.3%35.9K-195.5K-4.3K0.00106.32002,425236
2023-03-17$80.20$0.0038.4%11.0%30.9%34.1%39.3%9.6%4.6%57.5K-346.1K-4.0K0.00106.180162,425236
2023-03-20$79.19$80.0037.2%10.7%30.8%31.0%38.8%4.5%7.3%5.4K-126.2K-4.0K1.00105.6111172128
2023-03-21$80.42$80.0038.5%11.0%29.5%34.1%0.0%10.1%0.5%5.6K-155.2K-4.0K0.00107.3400172129
2023-03-22$78.34$80.0034.3%9.8%30.0%24.1%0.0%6.9%3.9%4.8K-91.3K-3.8K0.00106.3100172129
2023-03-23$77.84$80.0037.4%10.7%29.7%31.5%0.0%5.1%-1.0%4.9K-7.3K-3.8K0.00108.50680172129
2023-03-24$78.60$80.0039.3%11.3%29.7%36.2%0.0%5.5%5.0%5.9K-29.1K-3.8K0.00107.8101230129
2023-03-27$79.88$80.0035.8%10.3%30.6%27.8%0.0%4.3%-1.8%5.5K-94.2K-3.8K0.00107.9500230130
2023-03-28$78.61$80.0035.0%10.0%30.7%25.6%0.0%0.2%3.7%5.3K-99.8K-3.9K0.00107.1700230130
2023-03-29$80.17$80.0040.2%11.5%31.6%38.2%0.0%10.4%-5.8%8.6K-105.0K-4.0K0.50111.0042230130
2023-03-30$79.84$80.0031.9%9.2%31.6%18.3%0.0%12.3%8.9%5.1K-164.9K-3.9K0.00110.4510234132
2023-03-31$81.66$80.0043.2%12.4%32.2%45.5%0.0%14.4%-0.9%7.5K-163.0K-3.8K0.00109.5810235132