LUMN Options History — December 2021

In December 2021, LUMN traded between $11.80 and $12.87. ATM implied volatility averaged 36.0%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 0.4% (HV 20d: 36.4%). Max pain ranged from $13.00 to $14.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.20.

Notable Days

  • 2021-12-23: Highest Volume — 39,738 contracts
  • 2021-12-07: Largest IV drop — 28.4% change
  • 2021-12-06: Highest IV Rank — 33.5%
  • 2021-12-03: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.38$11.80$12.87$11.93$12.62
Max Pain$13.14$13.00$14.00$14.00$13.00
ATM IV36.0%30.1%49.2%41.8%39.7%
Expected Move9.8%8.6%12.1%11.6%8.7%
HV 20d36.4%22.6%58.0%56.8%22.6%
HV 60d39.1%37.4%40.8%40.4%37.4%
IV Rank14.7%6.2%33.5%22.9%19.9%
IV Percentile40.4%6.3%91.7%72.6%63.5%
Term Structure1.4%-14.9%33.3%-0.2%33.3%
VWIV36.9%29.2%49.6%49.6%29.2%
Skew 25d4.0%0.3%13.9%2.5%0.3%
Skew 10d22.6%-5.3%83.3%10.7%20.4%
Call IV 25d35.3%28.7%43.0%43.0%33.3%
Put IV 25d39.3%32.4%55.9%45.5%33.6%
Bid-Ask Spread %29.536.0472.2120.4518.74
Gamma HHI0.210.170.300.200.19
Net GEX957.9K-705.2K2.5M232.2K2.0M
Net DEX-2.1M-37.5M37.1M18.9M-20.6M
Net VEX-722.3K-786.3K-662.1K-738.8K-693.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.254.270.251.28
Total Volume17,271.2739,12739,73829,61311,031
Total OI401,826.409382,008424,363397,086395,808

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$11.93$14.0041.8%11.6%56.8%22.9%49.6%2.5%-0.2%232.2K18.9M-738.8K0.2520.45N/AN/A23,6565,957260,192136,894
2021-12-02$12.32$14.0048.4%11.5%58.0%32.4%40.4%13.4%6.7%587.0K2.3M-770.9K0.6472.21N/AN/A8,0785,171264,132138,257
2021-12-03$12.33$14.0041.0%12.1%37.8%21.8%46.7%0.8%7.2%651.4K-561.1K-786.3K0.5569.11N/AN/A8,5474,690266,084139,182
2021-12-06$12.12$13.0049.2%11.2%35.3%33.5%44.0%2.3%-14.9%213.9K7.0M-762.2K0.9168.01N/AN/A7,0826,458260,885137,493
2021-12-07$12.26$13.0035.2%10.4%36.0%13.6%41.2%3.0%-0.8%-95.5K5.0M-753.5K0.7924.69N/AN/A7,1765,640263,474140,215
2021-12-08$12.13$13.0035.8%10.1%35.9%14.4%39.4%3.4%-0.8%160.1K13.8M-712.4K0.9345.36N/AN/A5,1364,765265,695140,599
2021-12-09$12.06$13.0035.1%10.1%35.8%13.3%37.1%3.5%0.8%-17.7K19.1M-675.4K0.6318.33N/AN/A7,6034,807267,044141,175
2021-12-10$12.08$13.0037.6%10.1%34.0%16.9%36.9%3.6%17.3%-87.2K18.2M-684.4K1.9936.73N/AN/A7,46814,838269,841142,336
2021-12-13$11.98$13.0035.2%9.9%34.0%13.6%37.4%4.1%-1.0%-299.1K26.0M-689.4K2.536.70N/AN/A6,52216,512265,494145,630
2021-12-14$11.80$13.0034.8%9.7%34.0%13.0%37.0%2.5%-2.3%-421.6K37.1M-669.8K0.7721.70N/AN/A7,2735,596267,159151,786
2021-12-15$11.97$13.0035.5%9.6%34.9%14.0%35.5%4.3%-0.6%-705.2K34.3M-662.1K0.8132.06N/AN/A5,9174,796268,201153,553
2021-12-16$12.34$13.0034.2%9.8%37.0%12.1%34.6%3.3%-0.4%325.2K7.4M-719.7K0.4421.99N/AN/A9,6924,276268,819153,613
2021-12-17$12.66$13.0034.5%9.1%38.5%12.5%34.3%13.9%-2.5%1.3M-11.0M-753.9K0.4126.75N/AN/A17,9817,389270,667153,696
2021-12-20$12.42$13.0034.4%9.7%38.4%12.3%37.3%3.1%0.7%1.6M-10.2M-739.5K0.4446.80N/AN/A12,4655,448251,527130,481
2021-12-21$12.63$13.0033.3%9.6%37.6%10.8%34.7%3.7%0.6%2.0M-24.1M-735.3K0.3512.96N/AN/A11,6684,119255,240129,985
2021-12-22$12.80$13.0032.2%9.2%37.6%9.3%33.6%3.1%2.0%2.1M-29.4M-742.7K0.3022.57N/AN/A7,0212,106257,139131,799
2021-12-23$12.87$13.0030.8%8.8%37.7%7.3%31.9%3.5%0.6%2.2M-37.5M-746.9K4.2715.12N/AN/A7,54532,193259,289132,216
2021-12-27$12.80$13.0030.4%8.8%33.4%6.7%32.3%3.7%-5.6%2.3M-27.8M-716.1K2.6032.05N/AN/A6,70617,428256,659130,792
2021-12-28$12.79$13.0030.4%8.6%32.8%6.7%33.5%2.9%0.6%2.4M-26.6M-723.5K3.339.07N/AN/A5,57918,587259,139132,174
2021-12-29$12.64$13.0030.1%8.9%29.1%6.2%34.1%3.3%-7.3%2.2M-19.1M-694.5K1.026.04N/AN/A5,8936,003259,670132,723
2021-12-30$12.75$13.0032.9%9.1%24.6%10.3%32.0%4.3%-2.4%2.5M-28.0M-720.3K1.0922.28N/AN/A6,2946,856260,616132,808
2021-12-31$12.62$13.0039.7%8.7%22.6%19.9%29.2%0.3%33.3%2.0M-20.6M-693.0K1.2818.74N/AN/A4,8326,199261,885133,923