LBRDK Options History — September 2025

In September 2025, LBRDK traded between $59.48 and $64.28. ATM implied volatility averaged 33.6%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 9.6% (HV 20d: 24.0%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.62.

Notable Days

2025-09-10: Highest Volume — 76 contracts
2025-09-15: Largest IV spike — 12.1% change
2025-09-24: Highest IV Rank — 38.1%
2025-09-24: Largest Expected Move — 11.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.04	$59.48	$64.28	$60.45	$64.28
Max Pain	$62.62	$60.00	$65.00	$65.00	$60.00
ATM IV	33.6%	28.9%	39.2%	32.2%	36.0%
Expected Move	9.7%	8.4%	11.2%	9.2%	10.3%
HV 20d	24.0%	20.6%	27.8%	27.8%	21.0%
HV 60d	56.7%	55.9%	57.5%	57.5%	56.0%
IV Rank	27.9%	19.5%	38.1%	25.4%	32.3%
IV Percentile	54.8%	37.7%	69.0%	49.2%	63.9%
Term Structure	6.3%	0.2%	8.6%	0.2%	8.6%
VWIV	35.1%	28.8%	39.7%	39.7%	39.1%
Skew 25d	6.1%	5.1%	7.3%	6.8%	5.7%
Skew 10d	13.7%	9.3%	21.0%	10.7%	19.5%
Call IV 25d	31.2%	27.0%	36.1%	29.7%	34.2%
Put IV 25d	37.3%	32.2%	43.4%	36.5%	39.9%
Bid-Ask Spread %	62.99	52.59	97.58	92.78	68.18
Gamma HHI	0.21	0.16	0.35	0.25	0.16
Net GEX	26	-15.9K	21.2K	-9.6K	20.5K
Net DEX	-130.6K	-560.5K	193.3K	92.3K	-560.5K
Net VEX	-3.1K	-3.6K	-2.7K	-2.9K	-3.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.62	0.00	12.00	12.00	0.56
Total Volume	17.714	0	76	13	14
Total OI	450.048	320	563	441	374

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
2025-09-02	$60.45	$65.00	32.2%	9.2%	27.8%	25.4%	39.7%	6.8%	0.2%	-9.6K	92.3K	-2.9K	12.00	92.78	1	12	231	210
2025-09-03	$60.13	$65.00	31.0%	8.9%	27.3%	23.2%	37.5%	6.0%	0.7%	-10.1K	119.1K	-2.8K	0.00	97.58	0	22	230	210
2025-09-04	$59.48	$62.50	29.4%	9.0%	27.1%	20.4%	35.4%	5.7%	5.7%	-12.9K	193.3K	-2.8K	0.00	57.32	0	3	230	229
2025-09-05	$60.08	$62.50	28.9%	8.9%	26.9%	19.5%	0.0%	5.5%	6.2%	-13.4K	152.5K	-2.8K	0.00	58.88	1	0	230	231
2025-09-08	$60.23	$62.50	30.3%	8.8%	26.6%	22.0%	29.0%	5.7%	6.1%	-13.5K	139.9K	-2.7K	0.13	60.63	16	2	230	231
2025-09-09	$60.47	$62.50	30.1%	8.8%	26.4%	21.6%	28.8%	5.1%	6.5%	-11.1K	106.0K	-2.8K	0.00	56.23	9	0	242	233
2025-09-10	$60.30	$62.50	30.0%	8.6%	25.7%	21.4%	0.0%	5.7%	6.8%	-12.8K	136.4K	-2.7K	0.12	70.49	68	8	235	233
2025-09-11	$60.41	$62.50	29.8%	8.6%	24.3%	21.1%	0.0%	5.8%	7.0%	-6.0K	96.7K	-3.0K	0.00	56.40	0	0	302	239
2025-09-12	$60.64	$62.50	29.5%	8.4%	23.1%	20.4%	31.0%	5.2%	7.1%	-3.5K	-121.3K	-3.0K	3.33	58.91	6	20	305	207
2025-09-15	$60.06	$62.50	33.0%	9.5%	21.6%	26.9%	32.0%	5.6%	5.6%	-8.4K	-65.9K	-3.0K	0.00	52.59	4	0	311	217
2025-09-16	$60.02	$62.50	36.5%	10.5%	21.6%	33.2%	0.0%	6.7%	4.6%	-7.0K	-77.1K	-3.1K	0.00	57.43	0	1	314	217
2025-09-17	$61.81	$62.50	34.6%	9.9%	24.1%	29.8%	34.4%	6.3%	6.9%	2.3K	-229.7K	-3.2K	0.02	62.96	55	1	314	223
2025-09-18	$60.39	$62.50	35.5%	10.2%	25.5%	31.4%	0.0%	6.6%	7.8%	-15.9K	-159.5K	-3.2K	0.00	55.64	0	1	337	224
2025-09-19	$60.63	$62.50	35.1%	10.1%	25.6%	30.6%	34.3%	6.0%	7.3%	9.0K	-252.1K	-3.2K	8.33	55.82	3	25	337	226
2025-09-22	$61.05	$62.50	35.3%	10.1%	22.1%	31.0%	34.7%	6.6%	8.3%	11.2K	-267.3K	-3.2K	0.15	61.28	26	4	217	103
2025-09-23	$61.65	$62.50	38.9%	11.1%	21.8%	37.5%	39.4%	7.3%	6.3%	14.7K	-355.9K	-3.5K	0.11	54.39	9	1	242	106
2025-09-24	$60.50	$62.50	39.2%	11.2%	20.6%	38.1%	39.0%	7.2%	6.8%	12.6K	-279.9K	-3.4K	0.33	58.70	3	1	241	107
2025-09-25	$62.02	$62.50	37.6%	10.8%	21.9%	35.2%	37.1%	7.2%	7.4%	15.2K	-384.5K	-3.5K	0.38	58.54	13	5	243	108
2025-09-26	$63.45	$62.50	36.3%	10.4%	21.0%	32.8%	33.8%	6.1%	8.5%	17.9K	-482.6K	-3.6K	0.00	61.79	31	0	245	108
2025-09-29	$63.81	$62.50	36.0%	10.3%	21.0%	32.2%	35.5%	5.1%	8.3%	21.2K	-542.8K	-3.6K	0.40	66.18	5	2	271	108
2025-09-30	$64.28	$60.00	36.0%	10.3%	21.0%	32.3%	39.1%	5.7%	8.6%	20.5K	-560.5K	-3.6K	0.56	68.18	9	5	268	106