LUMN Options History — January 2022

In January 2022, LUMN traded between $11.93 and $13.74. ATM implied volatility averaged 41.2%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 8.5% (HV 20d: 32.7%). Max pain ranged from $12.50 to $14.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.88.

Notable Days

  • 2022-01-13: Highest Volume — 40,729 contracts
  • 2022-01-07: Largest IV spike — 43.4% change
  • 2022-01-31: Highest IV Rank — 35.5%
  • 2022-01-27: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.56$11.93$13.74$12.67$12.30
Max Pain$13.28$12.50$14.00$13.00$12.50
ATM IV41.2%30.5%47.7%31.9%47.2%
Expected Move12.3%8.4%15.1%8.6%14.1%
HV 20d32.7%21.8%40.4%22.6%38.0%
HV 60d40.1%37.1%42.0%37.4%41.4%
IV Rank22.5%6.8%35.5%8.9%35.5%
IV Percentile66.2%11.1%90.1%23.0%90.1%
Term Structure-0.9%-22.1%10.4%-8.6%-4.1%
VWIV43.0%30.2%52.2%30.2%49.6%
Skew 25d-1.2%-41.9%6.7%3.9%2.5%
Skew 10d8.1%-42.3%36.1%5.4%2.8%
Call IV 25d46.2%29.8%94.4%31.4%45.4%
Put IV 25d45.0%33.5%52.6%35.3%47.9%
Bid-Ask Spread %40.208.0680.808.0610.52
Gamma HHI0.190.160.230.200.18
Net GEX1.7M122.3K3.9M2.0M1.7M
Net DEX-14.2M-85.8M25.1M-20.9M-16.2M
Net VEX-712.2K-782.3K-664.2K-681.0K-722.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.241.981.370.28
Total Volume20,512.3512,05540,72926,25114,951
Total OI411,823.85350,033470,585385,050376,154

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$12.67$13.0031.9%8.6%22.6%8.9%30.2%3.9%-8.6%2.0M-20.9M-681.0K1.378.06N/AN/A11,09715,154253,461131,589
2022-01-04$12.86$13.0030.6%8.4%22.0%7.0%30.5%3.7%4.8%2.3M-32.0M-732.9K1.8318.99N/AN/A6,96712,738260,026140,811
2022-01-05$12.84$13.0030.5%8.4%21.8%6.8%32.6%1.6%-2.4%2.4M-30.9M-735.0K1.5543.46N/AN/A8,93013,825261,889141,388
2022-01-06$13.07$14.0032.6%11.1%21.9%9.8%41.2%5.5%8.0%3.0M-40.9M-730.5K0.9948.87N/AN/A7,9267,874263,978142,793
2022-01-07$13.74$14.0046.7%11.3%27.0%29.9%40.5%-21.9%9.4%3.9M-85.8M-769.5K0.5641.75N/AN/A18,95710,654265,606144,832
2022-01-10$13.64$14.0039.5%11.8%27.4%19.7%43.1%-9.8%-0.9%3.5M-73.0M-782.3K0.3730.74N/AN/A13,7435,074267,845150,202
2022-01-11$13.32$14.0041.3%12.0%29.0%22.2%42.2%-7.3%1.1%2.9M-52.3M-751.7K1.5521.26N/AN/A6,86110,644269,772152,306
2022-01-12$13.30$14.0040.6%11.6%28.1%21.3%42.7%6.3%0.6%2.9M-50.8M-752.7K1.9818.66N/AN/A5,23610,354271,965157,470
2022-01-13$12.32$14.0043.1%12.4%40.4%24.8%43.1%1.9%0.8%766.2K13.2M-678.9K0.5314.82N/AN/A26,54014,189273,318161,060
2022-01-14$12.38$13.0044.5%12.7%38.9%26.8%44.8%3.2%0.4%877.9K4.1M-727.8K0.8327.14N/AN/A12,27610,181289,528167,797
2022-01-18$12.14$13.0045.2%12.8%38.3%27.8%44.7%2.8%-12.9%623.4K12.9M-705.0K0.9033.70N/AN/A9,9638,960290,182167,520
2022-01-19$12.13$13.0047.7%13.7%37.8%31.3%43.7%6.7%-6.1%515.7K17.5M-680.4K0.8161.89N/AN/A10,0848,189292,534170,706
2022-01-20$12.08$13.0044.1%12.7%37.2%26.1%44.2%6.5%-0.1%465.3K20.2M-673.5K0.6434.98N/AN/A8,7635,651297,060170,175
2022-01-21$12.02$13.0044.9%12.6%36.7%27.3%46.8%0.8%0.2%122.3K25.1M-664.2K1.4769.12N/AN/A10,32615,228299,604170,981
2022-01-24$12.21$13.0046.6%14.5%37.2%29.8%51.5%2.2%0.8%829.6K2.7M-697.8K0.2463.20N/AN/A24,4625,908223,672126,361
2022-01-25$12.16$13.0033.8%13.3%37.2%11.6%38.0%-0.3%0.6%1.3M-3.6M-698.6K0.4045.24N/AN/A9,3763,757235,088127,884
2022-01-26$12.01$13.0039.5%14.1%37.4%19.6%48.7%-41.9%10.4%1.3M8.3M-689.5K0.6280.80N/AN/A7,4464,609239,965128,352
2022-01-27$11.93$13.0047.2%15.1%37.2%33.0%52.2%6.4%1.8%1.2M14.0M-676.2K0.2865.84N/AN/A12,7553,585242,953129,740
2022-01-28$12.06$13.0046.4%14.4%37.3%31.8%50.6%2.6%-22.1%1.9M4.1M-693.7K0.3664.97N/AN/A12,5334,481249,623130,287
2022-01-31$12.30$12.5047.2%14.1%38.0%35.5%49.6%2.5%-4.1%1.7M-16.2M-722.4K0.2810.52N/AN/A11,7043,247249,339126,815