LUMN Options History — August 2021

In August 2021, LUMN traded between $11.31 and $12.68. ATM implied volatility averaged 33.4%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded below realized volatility by 8.0% (HV 20d: 41.4%). Max pain ranged from $12.00 to $13.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.73.

Notable Days

  • 2021-08-26: Highest Volume — 57,242 contracts
  • 2021-08-27: Largest IV spike — 16.5% change
  • 2021-08-02: Highest IV Rank — 21.0%
  • 2021-08-03: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.04$11.31$12.68$12.51$12.28
Max Pain$12.18$12.00$13.00$13.00$12.00
ATM IV33.4%30.0%40.4%40.4%31.7%
Expected Move9.4%8.0%12.0%11.7%9.0%
HV 20d41.4%23.4%48.0%23.4%48.0%
HV 60d30.7%24.0%33.4%25.0%32.7%
IV Rank10.9%6.1%21.0%21.0%8.5%
IV Percentile22.4%6.4%61.3%61.3%16.0%
Term Structure0.2%-4.1%13.8%13.8%0.2%
VWIV33.6%29.5%42.7%42.3%33.4%
Skew 25d1.7%-1.9%6.3%0.4%2.4%
Skew 10d9.7%-5.2%41.3%4.2%4.5%
Call IV 25d33.8%29.6%38.0%38.0%33.2%
Put IV 25d35.6%31.8%44.1%38.4%35.6%
Bid-Ask Spread %35.124.0473.828.7943.38
Gamma HHI0.210.130.290.150.14
Net GEX-82.0K-1.3M2.4M-333.8K454.9K
Net DEX46.1M21.5M80.0M36.1M21.5M
Net VEX-571.0K-646.0K-475.6K-605.1K-646.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.033.810.353.81
Total Volume18,174.8647,42957,24210,01243,670
Total OI396,254.773364,527428,285364,527411,143

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$12.51$13.0040.4%11.7%23.4%21.0%42.3%0.4%13.8%-333.8K36.1M-605.1K0.358.79N/AN/A7,3942,618204,992159,535
2021-08-03$12.68$13.0038.0%12.0%23.6%17.5%42.7%6.1%-2.4%-139.2K29.0M-615.0K0.304.04N/AN/A6,4401,957209,235162,209
2021-08-04$11.56$13.0036.7%10.8%39.4%15.6%39.4%1.8%3.7%-1.0M71.4M-555.6K0.2965.61N/AN/A34,0209,945212,965163,925
2021-08-05$11.70$13.0035.4%9.2%39.7%13.7%32.5%-1.9%-2.6%-1.3M72.0M-541.0K0.3625.14N/AN/A8,8123,166216,449165,262
2021-08-06$11.73$12.0033.5%9.1%38.1%11.0%32.5%-0.0%-4.1%-878.2K68.5M-559.3K0.6641.67N/AN/A4,8113,170228,928171,375
2021-08-09$11.90$12.0033.5%8.9%38.9%11.0%31.0%1.2%-1.6%-955.5K59.5M-566.6K0.1060.76N/AN/A15,7621,544214,361166,155
2021-08-10$11.99$12.0030.6%8.5%39.1%7.0%29.8%6.3%-2.7%-1.0M55.9M-571.4K0.3125.42N/AN/A8,6932,667216,486167,710
2021-08-11$12.47$12.0033.4%9.1%42.2%11.0%31.0%2.4%-1.5%-306.9K29.9M-583.9K0.2226.38N/AN/A17,0423,713222,534168,395
2021-08-12$12.19$12.0033.1%9.1%42.7%10.5%32.8%2.8%-1.1%-210.0K41.2M-583.7K0.7827.03N/AN/A8,0396,292227,350169,584
2021-08-13$12.15$12.0031.2%9.1%41.3%7.8%32.6%1.9%0.3%-303.4K44.1M-594.9K0.2654.76N/AN/A7,6651,967233,861171,677
2021-08-16$12.09$12.0032.4%9.3%41.0%9.5%32.6%0.0%-2.0%-434.2K49.5M-569.1K0.5158.09N/AN/A5,1912,672229,289173,143
2021-08-17$12.11$12.0032.8%9.4%40.3%10.1%32.7%1.1%-1.0%-338.8K48.1M-563.1K0.4334.86N/AN/A5,7372,453233,468173,965
2021-08-18$11.64$12.0033.6%9.6%42.3%11.2%34.1%-0.4%1.2%-614.2K66.6M-557.2K0.286.93N/AN/A14,6984,127236,132174,740
2021-08-19$11.31$12.0036.4%10.5%42.9%15.1%36.0%4.0%-1.1%-833.8K80.0M-529.3K1.0524.81N/AN/A3,8574,033239,089175,698
2021-08-20$11.86$12.0032.0%8.9%46.8%9.0%35.2%-0.1%2.1%-193.7K61.9M-551.3K0.5070.24N/AN/A8,7014,310250,669177,616
2021-08-23$11.97$12.0030.4%8.3%46.1%6.7%30.3%0.8%1.0%-227.9K41.1M-524.0K0.129.59N/AN/A12,6101,550227,432157,059
2021-08-24$12.22$12.0030.9%8.3%46.9%7.4%32.3%-1.3%-0.7%399.2K25.2M-576.2K0.2315.03N/AN/A14,8023,421231,468160,086
2021-08-25$12.35$12.0030.0%8.0%47.0%6.1%29.5%1.1%0.6%2.0M27.9M-475.6K0.2516.97N/AN/A5,9391,490238,821161,716
2021-08-26$12.16$12.0030.7%8.2%47.1%7.0%29.5%0.4%-0.1%1.3M24.1M-578.3K0.039.73N/AN/A55,3691,873244,816162,967
2021-08-27$11.98$12.0035.7%10.2%47.3%14.2%36.4%5.6%1.6%2.4M26.8M-626.3K3.5273.82N/AN/A6,20121,856245,480163,778
2021-08-30$11.97$12.0032.1%8.8%47.3%9.1%31.7%2.9%0.3%701.9K34.8M-588.2K1.7569.59N/AN/A7,12912,441235,369160,673
2021-08-31$12.28$12.0031.7%9.0%48.0%8.5%33.4%2.4%0.2%454.9K21.5M-646.0K3.8143.38N/AN/A9,07534,595237,135174,008