LUMN Options History — July 2021

In July 2021, LUMN traded between $12.53 and $13.76. ATM implied volatility averaged 38.4%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 16.8% (HV 20d: 21.6%). Max pain ranged from $12.50 to $14.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2021-07-13: Highest Volume — 66,473 contracts
  • 2021-07-07: Largest IV spike — 15.1% change
  • 2021-07-19: Highest IV Rank — 23.3%
  • 2021-07-19: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.05$12.53$13.76$13.76$12.53
Max Pain$13.38$12.50$14.00$12.50$13.00
ATM IV38.4%31.5%42.0%31.5%40.5%
Expected Move10.8%7.4%12.1%7.7%11.4%
HV 20d21.6%17.0%24.6%20.6%23.4%
HV 60d27.8%26.4%28.9%27.4%27.8%
IV Rank18.1%8.3%23.3%8.3%21.1%
IV Percentile50.5%15.3%65.6%15.3%62.0%
Term Structure-0.2%-6.8%3.6%-0.6%-6.8%
VWIV39.1%31.1%44.2%31.1%40.6%
Skew 25d1.0%-4.8%4.9%1.1%4.9%
Skew 10d7.3%-11.5%69.5%-2.1%23.6%
Call IV 25d39.7%28.7%44.9%31.2%40.9%
Put IV 25d40.7%32.3%46.0%32.3%45.8%
Bid-Ask Spread %18.373.6063.5854.875.73
Gamma HHI0.140.110.170.150.15
Net GEX203.4K-322.6K1.8M1.8M-140.7K
Net DEX18.3M-8.1M35.0M-8.1M35.0M
Net VEX-671.2K-770.1K-613.6K-758.3K-616.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.052.500.700.38
Total Volume13,736.6195,81666,47313,5989,231
Total OI396,395.286346,182451,559424,018370,899

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$13.76$12.5031.5%7.7%20.6%8.3%31.1%1.1%-0.6%1.8M-8.1M-758.3K0.7054.87N/AN/A8,0065,592258,237165,781
2021-07-02$13.70$12.5031.6%7.4%20.5%8.4%31.5%4.7%-0.7%1.5M-7.2M-770.1K0.1563.58N/AN/A6,008906263,699164,782
2021-07-06$13.44$14.0034.8%10.7%21.0%12.9%37.2%-0.8%-0.9%611.5K8.7M-679.0K2.5024.54N/AN/A6,82517,082256,962162,120
2021-07-07$13.47$14.0040.0%10.9%17.0%20.4%38.8%2.4%-0.4%442.3K8.3M-706.0K0.1818.55N/AN/A7,8641,426256,646162,978
2021-07-08$13.18$14.0035.5%10.6%17.3%14.0%38.2%-0.4%-0.2%42.7K12.9M-742.5K0.3630.43N/AN/A5,3101,910260,112163,377
2021-07-09$13.51$14.0037.1%10.4%20.5%16.2%38.1%-3.5%1.0%47.6K3.4M-680.9K0.3310.67N/AN/A4,3861,430261,511164,395
2021-07-12$13.45$14.0036.0%10.7%20.5%14.6%37.7%0.3%3.6%322.9K5.3M-668.3K0.709.46N/AN/A4,4543,136258,918162,969
2021-07-13$13.28$14.0039.9%11.2%20.6%20.2%40.5%-4.8%1.6%-203.8K15.1M-687.8K0.0529.29N/AN/A63,2373,236259,868165,814
2021-07-14$13.22$14.0038.7%11.0%20.5%18.5%44.2%1.1%-0.6%247.6K11.8M-690.3K0.7520.76N/AN/A9,5557,154276,417167,448
2021-07-15$13.23$14.0038.1%10.9%20.5%17.7%39.5%1.9%-0.1%-52.3K11.8M-684.9K1.2916.41N/AN/A4,9736,419278,853170,287
2021-07-16$12.80$14.0039.5%11.2%20.9%19.6%39.5%0.6%1.5%-75.0K28.1M-636.1K1.084.05N/AN/A11,61312,499281,087170,472
2021-07-19$12.59$13.0042.0%12.1%21.3%23.3%42.9%2.1%0.3%-322.6K34.3M-654.6K0.393.60N/AN/A9,5033,677194,484151,698
2021-07-20$12.82$13.0040.0%11.4%22.8%20.3%41.0%1.2%0.5%31.2K26.0M-660.7K0.2213.46N/AN/A6,9841,539199,483153,048
2021-07-21$12.86$13.0038.9%11.2%23.0%18.8%39.4%1.9%1.2%97.8K24.8M-628.6K0.575.61N/AN/A5,0182,845202,818153,902
2021-07-22$12.62$13.0038.9%11.1%23.3%18.7%39.3%1.7%0.9%-208.6K33.9M-652.1K0.2414.24N/AN/A9,3942,286205,008155,943
2021-07-23$12.61$13.0039.3%11.2%23.1%19.3%40.2%2.3%0.3%-170.0K33.8M-633.8K0.365.54N/AN/A6,3682,278207,928157,197
2021-07-26$12.90$13.0040.2%11.2%24.6%20.6%39.8%4.9%-0.6%144.9K18.8M-662.5K0.2511.88N/AN/A8,5272,090198,667154,912
2021-07-27$12.82$13.0041.3%11.4%24.1%22.2%40.9%0.5%-2.1%163.1K23.9M-639.6K0.4013.16N/AN/A4,4951,797201,159155,738
2021-07-28$12.68$13.0041.3%11.4%24.1%22.1%40.5%0.5%-2.5%107.8K29.4M-628.1K0.4115.25N/AN/A6,2882,568206,011156,893
2021-07-29$12.53$13.0042.0%11.2%24.2%23.3%39.5%-1.7%-0.1%-183.0K34.3M-613.6K0.2614.65N/AN/A8,4002,160207,886157,894
2021-07-30$12.53$13.0040.5%11.4%23.4%21.1%40.6%4.9%-6.8%-140.7K35.0M-616.8K0.385.73N/AN/A6,6792,552210,891160,008