LBRDK Options History — May 2024

In May 2024, LBRDK traded between $50.72 and $54.55. ATM implied volatility averaged 37.6%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 12.5% (HV 20d: 25.2%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 12.39.

Notable Days

  • 2024-05-02: Highest Volume — 322 contracts
  • 2024-05-15: Largest IV drop — 37.6% change
  • 2024-05-06: Highest IV Rank — 41.1%
  • 2024-05-21: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.37$50.72$54.55$51.07$54.55
Max Pain$54.32$50.00$55.00$50.00$55.00
ATM IV37.6%26.8%48.3%40.6%37.5%
Expected Move10.4%7.7%12.8%11.6%10.7%
HV 20d25.2%19.6%29.0%28.4%29.0%
HV 60d29.1%27.0%30.5%30.5%28.4%
IV Rank26.0%10.8%41.1%30.2%25.8%
IV Percentile59.1%8.7%91.3%76.2%63.5%
Term Structure3.1%-5.6%17.1%-1.1%3.4%
VWIV38.4%30.8%53.8%46.2%37.6%
Skew 25d-4.3%-19.5%16.4%5.0%5.6%
Skew 10d-15.2%-28.9%21.3%-22.8%-11.1%
Call IV 25d43.5%22.9%57.4%40.3%33.3%
Put IV 25d39.2%34.7%45.3%45.3%38.9%
Bid-Ask Spread %97.7391.18103.30100.68101.68
Gamma HHI0.500.270.760.440.27
Net GEX130.2K-176.9K549.3K182.3K-100.0K
Net DEX-166.0K-3.9M2.4M-442.1K758.6K
Net VEX-13.6K-23.5K-7.4K-19.3K-7.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.390.00160.001.752.00
Total Volume54.77303221130
Total OI3,871.0452,6694,8134,4902,722

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$51.07$50.0040.6%11.6%28.4%30.2%46.2%5.0%-1.1%182.3K-442.1K-19.3K1.75100.68472,3102,180
2024-05-02$51.47$50.0038.5%11.0%28.0%27.2%37.1%3.9%-1.0%227.0K-904.5K-19.1K160.0096.1423202,3142,181
2024-05-03$51.85$50.0041.4%11.9%27.4%31.4%37.4%7.3%-5.6%216.6K-429.4K-23.5K7.69101.34292232,3162,497
2024-05-06$52.66$55.0048.3%11.1%27.4%41.1%0.0%-12.8%-5.6%315.4K-1.9M-19.4K0.0097.38002,3202,326
2024-05-07$52.12$55.0038.3%11.1%27.7%27.0%39.2%-6.7%-0.6%317.5K-1.1M-18.6K0.0098.100102,3202,326
2024-05-08$52.94$55.0037.6%11.7%19.6%26.0%43.8%-15.6%-0.5%413.9K-2.3M-18.1K1.0095.9822222,3202,335
2024-05-09$51.52$55.0040.5%10.9%22.2%30.1%45.0%-13.1%4.9%238.9K-153.8K-17.1K0.1193.78912,3382,334
2024-05-10$53.18$55.0038.5%10.6%22.3%27.3%36.7%-8.5%1.1%435.7K-2.2M-16.4K0.0093.188402,3362,334
2024-05-13$52.98$55.0046.1%10.5%21.7%37.9%36.8%-9.1%3.1%509.6K-2.7M-15.3K1.0391.181451492,4162,334
2024-05-14$53.39$55.0046.8%10.2%21.6%39.0%38.4%-4.0%1.9%523.0K-2.4M-13.9K9.6791.353292,3612,375
2024-05-15$52.64$55.0029.2%8.4%22.7%14.1%30.8%-12.9%5.2%387.9K-1.1M-12.2K4.0096.193122,3622,367
2024-05-16$53.95$55.0026.8%7.7%23.8%10.8%31.6%-12.6%6.0%549.3K-3.9M-11.5K0.0099.791102,3622,371
2024-05-17$53.14$55.0031.5%9.0%24.5%17.4%36.5%-10.9%-4.1%-132.2K-328.0K-10.1K0.00100.362902,3622,371
2024-05-20$53.28$55.0032.6%9.3%24.5%18.9%33.3%-11.0%3.3%-127.9K1.3M-10.0K0.56102.8918104132,256
2024-05-21$52.66$55.0044.6%12.8%25.1%35.8%53.8%-19.5%5.9%-133.3K1.5M-10.6K8.5097.412174312,265
2024-05-22$51.70$55.0035.9%10.3%26.0%23.6%0.0%-5.3%11.1%-157.3K2.0M-10.4K0.0097.14024312,282
2024-05-23$50.72$55.0034.6%9.9%26.5%21.8%34.9%2.5%-0.7%-176.9K2.4M-10.3K0.0099.75104312,284
2024-05-24$51.30$55.0034.4%9.9%26.7%21.6%34.5%1.1%8.2%-162.6K2.2M-9.5K2.0096.77364312,284
2024-05-28$51.25$55.0035.6%10.2%26.2%23.1%0.0%2.3%11.3%-162.2K2.2M-8.9K0.0097.30014322,289
2024-05-29$51.25$55.0036.8%10.5%26.1%24.8%36.8%2.3%3.7%-164.8K2.2M-8.9K0.0098.26014322,290
2024-05-30$52.57$55.0031.5%9.0%26.1%17.4%0.0%16.4%17.1%-134.4K1.6M-8.4K0.00103.30004322,290
2024-05-31$54.55$55.0037.5%10.7%29.0%25.8%37.6%5.6%3.4%-100.0K758.6K-7.4K2.00101.6810204322,290