LUMN Options History — April 2021

In April 2021, LUMN traded between $12.64 and $13.41. ATM implied volatility averaged 41.2%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 11.9% (HV 20d: 29.3%). Max pain ranged from $12.00 to $14.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.77.

Notable Days

  • 2021-04-06: Highest Volume — 62,496 contracts
  • 2021-04-06: Largest IV spike — 113.3% change
  • 2021-04-07: Highest IV Rank — 57.4%
  • 2021-04-06: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.94$12.64$13.41$13.03$12.81
Max Pain$13.90$12.00$14.00$12.00$14.00
ATM IV41.2%29.6%67.1%39.9%38.6%
Expected Move11.4%9.9%13.1%9.9%12.4%
HV 20d29.3%20.5%41.8%41.3%20.6%
HV 60d70.2%37.9%81.8%81.8%37.9%
IV Rank19.0%1.7%57.4%16.9%15.1%
IV Percentile45.2%0.7%93.4%47.4%41.8%
Term Structure-1.3%-20.8%17.5%-20.8%-12.7%
VWIV41.4%37.0%46.0%37.0%46.0%
Skew 25d0.2%-17.2%8.4%-1.1%3.6%
Skew 10d7.3%-36.6%70.9%-8.2%8.5%
Call IV 25d41.4%33.6%60.4%39.4%39.7%
Put IV 25d41.6%23.6%52.2%38.3%43.3%
Bid-Ask Spread %69.1250.2897.9359.7171.30
Gamma HHI0.250.200.390.390.20
Net GEX2.4M940.9K5.5M1.9M1.0M
Net DEX-50.8M-102.1M-25.7M-69.3M-25.7M
Net VEX-739.5K-795.6K-690.0K-762.5K-749.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.146.030.320.52
Total Volume18,712.7146,47662,49624,88711,736
Total OI408,624.476311,132487,683446,040373,332

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$13.03$12.0039.9%9.9%41.3%16.9%37.0%-1.1%-20.8%1.9M-69.3M-762.5K0.3259.71N/AN/A18,9095,978300,712145,328
2021-04-05$13.27$14.0029.6%12.5%41.8%1.7%44.6%3.4%-2.4%3.7M-86.0M-760.7K0.2550.28N/AN/A7,1151,757301,644144,920
2021-04-06$13.32$14.0063.1%13.1%34.2%51.4%45.1%-2.1%5.6%3.9M-92.3M-778.3K0.1465.78N/AN/A54,6007,896305,123146,541
2021-04-07$13.41$14.0067.1%12.1%31.9%57.4%44.2%-8.1%-4.6%5.5M-102.1M-778.5K0.3056.82N/AN/A24,4417,446321,387152,187
2021-04-08$12.94$14.0032.6%11.2%34.0%6.2%40.8%-17.2%-9.4%3.2M-61.8M-732.4K0.3159.99N/AN/A16,2564,979326,117153,131
2021-04-09$12.82$14.0036.6%10.9%33.7%12.2%39.7%-5.9%-8.3%3.3M-50.9M-714.9K0.1956.92N/AN/A12,9842,491330,704156,979
2021-04-12$12.86$14.0030.3%11.3%31.3%2.9%41.0%-1.8%4.9%3.8M-57.2M-690.1K1.1976.02N/AN/A10,52612,569311,428147,042
2021-04-13$12.75$14.0042.4%11.3%31.1%20.8%41.3%1.0%6.2%3.1M-48.7M-690.0K1.6762.86N/AN/A12,61121,016314,263152,937
2021-04-14$12.78$14.0047.0%11.2%31.2%27.6%41.0%0.0%5.0%3.5M-40.3M-695.1K0.4177.34N/AN/A7,8103,195312,812166,817
2021-04-15$12.64$14.0036.9%10.8%31.2%12.6%41.2%8.4%2.4%1.3M-31.0M-709.5K0.5267.57N/AN/A7,7894,087314,925169,159
2021-04-16$12.73$14.0033.4%10.5%31.5%7.3%38.9%5.8%17.5%1.0M-37.0M-715.7K0.5685.12N/AN/A9,2355,144316,641169,294
2021-04-19$12.66$14.0039.6%10.8%31.0%16.6%40.3%0.2%-4.5%940.9K-25.7M-696.5K0.2953.40N/AN/A10,2352,925201,932109,200
2021-04-20$12.68$14.0040.1%11.0%30.4%17.3%40.3%1.1%1.1%1.2M-27.3M-716.1K0.3770.01N/AN/A6,3292,331208,528112,292
2021-04-21$12.89$14.0037.6%10.8%27.0%13.7%40.0%0.8%0.5%1.7M-37.5M-728.1K0.1463.68N/AN/A12,1801,683212,772113,265
2021-04-22$13.03$14.0039.3%11.2%25.6%16.1%39.9%2.0%-4.1%2.4M-48.8M-747.1K0.6275.19N/AN/A6,0113,709218,699114,301
2021-04-23$13.09$14.0038.4%11.1%23.9%14.8%43.3%1.3%-3.5%2.6M-56.7M-776.0K1.0570.70N/AN/A8,0008,371221,881117,388
2021-04-26$13.03$14.0039.1%11.5%20.5%15.9%42.2%4.6%1.6%1.9M-45.8M-743.0K0.6067.78N/AN/A5,4383,255217,766121,299
2021-04-27$12.90$14.0042.7%12.0%20.8%21.1%37.3%1.5%-7.1%1.9M-42.2M-784.6K6.0388.44N/AN/A4,51927,251220,807123,769
2021-04-28$12.97$14.0045.3%11.8%20.8%25.0%42.6%-1.8%11.4%1.5M-35.1M-795.6K0.4697.93N/AN/A9,3444,340224,076140,035
2021-04-29$13.10$14.0045.6%12.1%20.7%25.5%43.1%8.2%-6.7%2.0M-45.4M-765.7K0.3074.75N/AN/A4,9721,504228,500141,181
2021-04-30$12.81$14.0038.6%12.4%20.6%15.1%46.0%3.6%-12.7%1.0M-25.7M-749.2K0.5271.30N/AN/A7,7214,015231,073142,259