LUMN Options History — November 2021

In November 2021, LUMN traded between $12.06 and $14.34. ATM implied volatility averaged 36.0%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded below realized volatility by 9.0% (HV 20d: 45.0%). 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 8 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2021-11-24: Highest Volume — 128,104 contracts
  • 2021-11-11: Largest IV spike — 47.4% change
  • 2021-11-11: Highest IV Rank — 40.6%
  • 2021-11-03: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.51$12.06$14.34$12.06$12.43
Max Pain$13.00$12.00$14.00$12.00$14.00
ATM IV36.0%30.2%54.2%40.5%35.6%
Expected Move10.0%8.7%14.1%13.1%11.0%
HV 20d45.0%21.0%55.0%21.0%55.0%
HV 60d37.3%31.7%39.6%31.7%39.6%
IV Rank14.6%6.4%40.6%21.0%14.1%
IV Percentile39.1%7.1%93.7%69.0%40.1%
Term Structure-0.6%-5.7%3.0%-1.6%3.0%
VWIV36.1%30.5%50.5%46.4%40.8%
Skew 25d2.5%-7.0%31.6%31.6%5.9%
Skew 10d18.2%-13.1%136.6%42.1%5.8%
Call IV 25d35.0%29.2%46.6%40.8%37.6%
Put IV 25d37.5%31.8%72.4%72.4%43.5%
Bid-Ask Spread %52.2612.1886.6133.1712.18
Gamma HHI0.220.120.330.130.17
Net GEX2.4M456.7K4.1M470.8K456.7K
Net DEX-50.7M-111.2M19.2M19.2M4.5M
Net VEX-649.4K-864.4K-539.5K-545.2K-769.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.021.910.570.38
Total Volume34,128.71413,825128,10416,46124,546
Total OI395,575338,593424,430372,073391,335

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$12.06$12.0040.5%13.1%21.0%21.0%46.4%31.6%-1.6%470.8K19.2M-545.2K0.5733.17N/AN/A10,5005,961222,018150,055
2021-11-02$12.22$12.0043.5%13.4%21.8%25.4%48.5%3.1%-5.7%990.3K6.8M-547.5K1.9156.45N/AN/A7,56414,424228,156152,153
2021-11-03$12.16$12.0044.2%14.1%21.5%26.4%50.5%-7.0%1.8%849.8K13.3M-539.5K0.7486.61N/AN/A12,5309,263230,599161,446
2021-11-04$13.69$13.0035.0%9.6%47.9%13.3%34.1%-0.3%-4.9%2.2M-88.2M-598.0K0.1967.61N/AN/A55,96310,367233,473164,716
2021-11-05$14.13$13.0034.7%9.7%48.2%12.8%34.5%0.9%-3.0%3.7M-111.2M-595.7K0.5261.57N/AN/A38,58120,140234,575166,504
2021-11-08$14.00$13.0033.8%9.6%47.6%11.4%34.0%2.4%-1.0%2.6M-69.1M-623.9K0.5564.07N/AN/A17,4439,561221,987160,135
2021-11-09$14.02$13.0046.2%9.6%47.2%29.2%32.5%-4.7%-3.4%3.1M-72.5M-621.5K0.3769.15N/AN/A16,0955,895229,033163,739
2021-11-10$13.99$13.0036.8%9.2%47.3%15.7%33.5%3.5%1.3%3.1M-75.2M-626.9K0.2562.03N/AN/A18,5274,650231,939164,975
2021-11-11$14.34$13.0054.2%9.4%47.7%40.6%32.6%-0.4%-0.6%4.1M-102.4M-603.2K0.8751.69N/AN/A12,26910,678237,741165,438
2021-11-12$14.25$13.0030.2%9.1%47.8%6.4%32.6%4.2%1.9%3.9M-93.8M-614.0K0.4751.51N/AN/A10,5664,940238,205171,616
2021-11-15$14.06$13.0031.0%8.9%48.3%7.5%31.5%0.9%-1.0%3.4M-73.0M-614.7K0.3767.79N/AN/A13,0934,825233,471167,973
2021-11-16$14.05$13.0030.8%8.8%48.4%7.3%33.4%-0.3%2.9%3.3M-73.9M-626.6K0.4939.46N/AN/A9,2494,576237,010169,393
2021-11-17$13.75$13.0031.9%9.1%48.5%8.8%32.7%2.5%0.6%2.6M-50.8M-615.1K0.2674.07N/AN/A21,4315,647238,439169,880
2021-11-18$13.60$13.0032.3%9.2%48.5%9.3%35.0%1.0%-0.6%2.3M-47.4M-621.3K0.2050.86N/AN/A23,1854,722245,815171,032
2021-11-19$13.32$13.0031.3%8.9%49.3%8.0%32.8%1.5%0.6%755.9K-24.5M-604.1K0.2739.14N/AN/A16,6564,540253,088171,342
2021-11-22$13.67$13.0031.1%8.7%49.0%7.7%30.9%1.7%-0.3%1.4M-31.7M-613.2K0.0770.08N/AN/A52,0503,563198,348140,245
2021-11-23$13.85$13.0031.1%8.9%49.0%7.6%30.7%0.9%-0.5%2.8M-65.7M-767.4K0.0617.62N/AN/A49,1022,726241,610140,865
2021-11-24$13.90$13.0032.4%8.9%47.6%9.5%30.5%0.2%-0.5%4.0M-87.3M-825.0K0.0220.46N/AN/A125,0253,079271,309141,067
2021-11-26$13.21$14.0035.2%10.4%51.9%13.5%44.6%2.0%-2.8%2.2M-27.1M-864.4K0.2442.83N/AN/A20,7315,066259,888142,228
2021-11-29$12.98$14.0034.0%9.6%52.5%11.8%36.5%3.3%1.9%1.5M-15.1M-801.8K0.2559.12N/AN/A21,6095,365254,508139,726
2021-11-30$12.43$14.0035.6%11.0%55.0%14.1%40.8%5.9%3.0%456.7K4.5M-769.3K0.3812.18N/AN/A17,7406,806256,275135,060