LBRDK Options History — May 2025

In May 2025, LBRDK traded between $89.19 and $101.10. ATM implied volatility averaged 24.5%, placing in the 7.3% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 19.3% (HV 20d: 43.8%). Max pain ranged from $75.00 to $90.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 3.30.

Notable Days

2025-05-06: Highest Volume — 294 contracts
2025-05-07: Largest IV drop — 27.4% change
2025-05-05: Highest IV Rank — 22.1%
2025-05-01: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$95.17	$89.19	$101.10	$89.19	$93.55
Max Pain	$80.00	$75.00	$90.00	$75.00	$90.00
ATM IV	24.5%	18.2%	37.0%	32.5%	24.7%
Expected Move	7.1%	6.1%	9.3%	9.3%	7.1%
HV 20d	43.8%	24.2%	68.3%	68.3%	26.5%
HV 60d	44.5%	44.0%	45.2%	44.3%	44.8%
IV Rank	7.3%	0.0%	22.1%	15.1%	9.6%
IV Percentile	9.2%	0.0%	48.4%	32.9%	9.5%
Term Structure	3.4%	-3.0%	8.6%	-2.6%	1.2%
VWIV	28.9%	19.1%	73.1%	33.2%	34.8%
Skew 25d	5.2%	3.0%	8.8%	8.8%	4.3%
Skew 10d	13.1%	6.7%	23.3%	23.3%	9.1%
Call IV 25d	22.3%	18.9%	29.8%	29.8%	21.8%
Put IV 25d	27.5%	22.8%	38.6%	38.6%	26.1%
Bid-Ask Spread %	64.69	47.42	84.05	60.07	70.58
Gamma HHI	0.18	0.14	0.22	0.22	0.15
Net GEX	57.2K	23.6K	99.9K	36.4K	23.6K
Net DEX	-3.0M	-4.0M	-2.3M	-2.3M	-2.5M
Net VEX	-7.7K	-8.4K	-6.3K	-7.9K	-8.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.30	0.00	38.50	1.00	0.00
Total Volume	35.238	0	294	0	5
Total OI	858.048	631	1,036	631	912

Daily Data (21 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
2025-05-01	$89.19	$75.00	32.5%	9.3%	68.3%	15.1%	0.0%	8.8%	-2.6%	36.4K	-2.3M	-7.9K	0.00	60.07	0	0	431	200
2025-05-02	$89.52	$75.00	32.0%	9.2%	67.5%	14.3%	33.2%	8.1%	-3.0%	37.8K	-2.3M	-7.9K	1.00	67.76	6	6	431	200
2025-05-05	$91.72	$77.50	37.0%	8.2%	59.9%	22.1%	0.0%	6.8%	6.0%	42.1K	-2.5M	-7.8K	0.60	47.42	5	3	437	206
2025-05-06	$92.98	$77.50	32.6%	8.4%	58.4%	15.3%	73.1%	6.6%	3.9%	40.6K	-2.7M	-7.6K	0.00	53.54	0	294	437	209
2025-05-07	$93.65	$77.50	23.7%	7.7%	56.0%	1.3%	24.1%	6.6%	6.1%	41.1K	-2.8M	-7.5K	0.48	60.27	21	10	437	504
2025-05-08	$93.78	$77.50	23.2%	7.1%	49.9%	0.6%	0.0%	6.2%	7.8%	47.3K	-2.8M	-7.6K	0.00	54.10	0	11	448	505
2025-05-09	$92.93	$77.50	21.3%	7.3%	46.9%	0.0%	0.0%	6.1%	6.6%	43.6K	-2.7M	-7.9K	0.00	52.31	0	0	448	516
2025-05-12	$93.13	$77.50	18.2%	6.6%	47.0%	0.0%	23.0%	5.4%	7.8%	51.9K	-2.8M	-7.4K	3.00	58.25	5	15	448	516
2025-05-13	$95.34	$77.50	22.9%	6.4%	47.1%	6.9%	23.1%	5.2%	8.6%	53.6K	-3.1M	-7.3K	2.50	56.59	8	20	457	531
2025-05-14	$95.70	$77.50	23.2%	6.7%	47.2%	7.3%	0.0%	5.4%	8.5%	52.5K	-3.1M	-7.5K	0.00	61.37	0	1	457	551
2025-05-15	$97.13	$77.50	22.2%	6.4%	43.8%	5.8%	0.0%	5.3%	2.1%	55.9K	-3.2M	-7.7K	0.00	60.30	2	0	470	552
2025-05-16	$101.10	$77.50	21.5%	6.2%	44.4%	4.8%	22.1%	3.8%	2.1%	65.5K	-3.9M	-6.3K	1.32	84.05	59	78	484	552
2025-05-19	$98.94	$80.00	21.1%	6.1%	38.8%	4.3%	21.0%	3.8%	2.4%	82.0K	-3.6M	-7.4K	0.08	75.54	53	4	528	250
2025-05-20	$100.26	$80.00	21.1%	6.1%	38.5%	4.3%	19.1%	3.9%	2.5%	99.9K	-4.0M	-7.3K	0.00	70.22	7	0	556	254
2025-05-21	$98.53	$80.00	22.7%	6.5%	39.8%	6.6%	25.5%	3.0%	2.3%	91.9K	-3.6M	-8.1K	0.30	75.88	10	3	557	254
2025-05-22	$97.53	$80.00	21.3%	6.1%	39.9%	4.6%	20.9%	3.0%	2.6%	90.8K	-3.5M	-7.5K	0.71	78.82	7	5	553	257
2025-05-23	$96.45	$82.50	21.4%	6.1%	24.8%	4.7%	0.0%	3.5%	2.7%	83.3K	-3.2M	-8.4K	1.00	64.62	10	10	560	261
2025-05-27	$97.05	$82.50	23.6%	6.8%	24.4%	8.0%	26.5%	4.4%	1.4%	82.4K	-3.3M	-8.0K	38.50	67.87	2	77	560	271
2025-05-28	$96.37	$90.00	23.7%	6.8%	24.2%	8.1%	34.8%	4.3%	1.3%	54.1K	-3.0M	-8.3K	0.00	69.04	0	1	561	348
2025-05-29	$93.65	$90.00	25.2%	7.2%	26.7%	10.3%	0.0%	5.2%	1.3%	25.8K	-2.5M	-8.3K	0.00	69.87	2	0	561	349
2025-05-30	$93.55	$90.00	24.7%	7.1%	26.5%	9.6%	0.0%	4.3%	1.2%	23.6K	-2.5M	-8.2K	0.00	70.58	5	0	563	349