LUMN Options History — May 2021

In May 2021, LUMN traded between $12.69 and $14.57. ATM implied volatility averaged 34.0%, placing in the 8.7% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 2.8% (HV 20d: 31.2%). Max pain ranged from $13.00 to $14.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2021-05-28: Highest Volume — 43,867 contracts
  • 2021-05-05: Largest IV spike — 25.9% change
  • 2021-05-05: Highest IV Rank — 22.4%
  • 2021-05-05: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.00$12.69$14.57$13.11$13.85
Max Pain$13.20$13.00$14.00$14.00$14.00
ATM IV34.0%25.7%43.5%42.7%27.6%
Expected Move9.5%7.1%13.4%12.8%7.8%
HV 20d31.2%21.2%34.9%21.2%34.9%
HV 60d36.3%33.0%39.4%38.2%33.0%
IV Rank8.7%0.0%22.4%21.2%2.7%
IV Percentile18.2%0.0%64.1%59.1%0.6%
Term Structure-2.3%-19.7%3.5%-7.0%0.8%
VWIV34.3%24.7%49.0%45.8%31.1%
Skew 25d3.1%-3.2%12.9%9.2%-1.1%
Skew 10d0.5%-29.4%21.8%-0.8%-2.3%
Call IV 25d32.9%28.0%43.3%37.8%30.0%
Put IV 25d36.1%28.8%47.0%47.0%28.9%
Bid-Ask Spread %42.928.62100.9498.7981.15
Gamma HHI0.270.180.380.230.23
Net GEX3.5M1.3M6.2M1.5M2.2M
Net DEX-94.5M-134.6M-24.6M-44.4M-41.0M
Net VEX-752.7K-795.7K-673.9K-783.0K-742.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.061.960.101.96
Total Volume21,857.955,59543,86733,06443,867
Total OI396,840.85367,916428,091367,916387,127

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$13.11$14.0042.7%12.8%21.2%21.2%45.8%9.2%-7.0%1.5M-44.4M-783.0K0.1098.79N/AN/A30,0872,977227,468140,448
2021-05-04$13.03$14.0034.6%12.6%21.3%9.1%44.5%12.9%3.1%2.2M-55.6M-751.1K0.62100.94N/AN/A8,9075,529243,259142,209
2021-05-05$12.69$14.0043.5%13.4%22.8%22.4%49.0%-3.2%-3.0%1.3M-24.6M-763.6K0.3073.71N/AN/A10,9493,299243,968145,925
2021-05-06$13.45$13.0034.9%10.0%28.5%9.6%35.3%5.1%-3.4%4.1M-77.7M-767.7K0.1568.65N/AN/A26,9713,983248,181147,549
2021-05-07$13.94$13.0029.9%8.5%30.6%2.1%30.9%-0.7%-0.3%6.2M-113.7M-713.7K0.2638.22N/AN/A20,5875,426247,598147,886
2021-05-10$14.34$13.0033.5%9.1%31.7%7.5%32.8%2.0%-0.2%3.7M-124.7M-718.3K0.7535.35N/AN/A21,05115,784229,193141,398
2021-05-11$14.07$13.0037.9%9.4%32.5%14.0%33.5%6.9%-5.8%3.1M-101.6M-748.0K0.318.62N/AN/A19,7766,116234,431153,018
2021-05-12$13.99$13.0036.5%10.1%32.7%12.0%35.6%3.0%1.4%3.0M-94.6M-779.7K0.5920.77N/AN/A5,2123,091237,943155,430
2021-05-13$14.23$13.0043.2%9.6%32.5%21.9%34.9%4.1%-19.7%3.5M-110.7M-771.8K0.2717.50N/AN/A4,4001,195240,076157,554
2021-05-14$14.49$13.0034.5%9.6%32.8%9.1%33.4%3.8%-0.6%5.3M-130.3M-795.7K0.1153.87N/AN/A17,1081,837240,181157,689
2021-05-17$14.56$13.0035.8%9.8%32.5%10.9%34.4%0.7%-3.4%4.1M-134.6M-748.3K0.4116.22N/AN/A18,4587,609239,948155,578
2021-05-18$14.57$13.0033.6%9.5%32.5%7.7%33.7%2.0%-1.8%4.3M-128.5M-761.8K0.1016.45N/AN/A27,8352,763242,410161,022
2021-05-19$14.35$13.0033.6%9.6%33.2%7.7%34.9%0.8%-2.1%3.6M-115.6M-790.8K0.6940.20N/AN/A5,7543,974260,317162,893
2021-05-20$14.23$13.0033.0%9.3%33.5%6.7%33.5%2.5%0.2%3.3M-105.2M-787.3K0.2411.67N/AN/A9,1392,196261,285165,402
2021-05-21$14.28$13.0031.5%8.9%33.5%4.6%32.4%3.3%-4.0%3.3M-106.8M-777.4K0.0749.08N/AN/A22,0231,573261,379166,712
2021-05-24$14.43$13.0029.7%8.1%33.4%1.8%29.3%1.4%-0.0%4.3M-113.3M-741.9K0.4536.65N/AN/A9,3124,166247,404142,791
2021-05-25$14.10$13.0030.4%8.1%34.5%3.0%28.6%2.5%3.5%3.5M-85.5M-728.1K0.5118.93N/AN/A7,8724,007250,532144,950
2021-05-26$14.12$13.0028.3%7.4%34.5%0.0%27.1%0.6%-1.6%4.3M-86.4M-709.9K0.5349.77N/AN/A11,6126,140252,264147,238
2021-05-27$14.22$13.0025.7%7.1%34.4%0.0%24.7%6.8%-1.1%4.1M-94.4M-673.9K0.0621.84N/AN/A32,7561,818254,188151,973
2021-05-28$13.85$14.0027.6%7.8%34.9%2.7%31.1%-1.1%0.8%2.2M-41.0M-742.3K1.9681.15N/AN/A14,82729,040234,445152,682