LUMN Options History — March 2022

In March 2022, LUMN traded between $10.37 and $11.38. ATM implied volatility averaged 39.9%, placing in the 34.2% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 2.5% (HV 20d: 42.4%). Max pain ranged from $10.00 to $10.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.80.

Notable Days

  • 2022-03-08: Highest Volume — 44,217 contracts
  • 2022-03-02: Largest IV drop — 9.8% change
  • 2022-03-09: Highest IV Rank — 53.9%
  • 2022-03-07: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.86$10.37$11.38$10.43$11.30
Max Pain$10.17$10.00$10.50$10.00$10.00
ATM IV39.9%32.3%48.0%47.7%33.8%
Expected Move13.4%12.3%14.7%13.9%12.8%
HV 20d42.4%26.5%70.0%68.5%26.5%
HV 60d47.3%46.7%47.9%46.7%47.8%
IV Rank34.2%15.8%53.9%53.1%19.5%
IV Percentile63.3%26.6%96.0%93.7%38.1%
Term Structure3.6%-3.9%57.4%-1.4%8.9%
VWIV48.1%43.1%55.5%47.4%46.5%
Skew 25d4.0%0.3%6.3%0.8%4.6%
Skew 10d11.0%-4.6%34.3%1.2%6.2%
Call IV 25d39.4%31.8%45.6%45.4%31.8%
Put IV 25d43.4%36.3%51.2%46.2%36.3%
Bid-Ask Spread %33.816.8968.1151.9521.17
Gamma HHI0.160.120.290.160.15
Net GEX2.3M871.3K3.8M2.6M2.0M
Net DEX-3.4M-24.1M12.3M-4.0M-14.1M
Net VEX-703.7K-776.7K-614.2K-663.7K-692.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.152.130.701.37
Total Volume21,974.5659,36744,21734,4629,367
Total OI493,825.957461,442524,978484,100501,273

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$10.43$10.0047.7%13.9%68.5%53.1%47.4%0.8%-1.4%2.6M-4.0M-663.7K0.7051.95N/AN/A20,29814,164324,114159,986
2022-03-02$10.37$10.5043.0%13.5%67.2%41.8%47.6%1.7%-0.1%2.4M11.2M-614.2K1.0413.86N/AN/A14,32214,902324,518163,214
2022-03-03$10.67$10.5041.3%12.3%68.3%37.7%43.8%0.3%-0.7%3.4M-7.3M-647.3K0.2349.22N/AN/A29,9297,020328,828173,071
2022-03-04$10.49$10.5044.2%13.0%68.4%44.7%45.8%1.3%-0.3%3.7M7.4M-645.9K0.317.40N/AN/A17,5575,480329,453176,199
2022-03-07$10.65$10.5047.5%14.7%68.9%52.7%51.5%5.4%-3.4%2.7M-10.9M-745.6K0.2855.64N/AN/A20,1455,694321,113170,471
2022-03-08$10.92$10.5047.6%14.3%69.8%52.8%52.0%5.8%-1.8%2.9M-24.1M-764.3K0.6118.61N/AN/A27,48916,728317,815172,159
2022-03-09$10.65$10.5048.0%14.1%70.0%53.9%48.5%4.3%-3.9%2.2M-505.6K-735.4K0.4166.27N/AN/A10,5724,340315,534181,898
2022-03-10$10.57$10.5046.1%13.7%69.5%49.1%48.2%4.1%-3.7%2.2M8.8M-715.2K0.3610.50N/AN/A9,2913,375318,626182,050
2022-03-11$10.66$10.5045.4%13.2%39.2%47.5%45.3%5.3%-3.9%2.4M3.7M-725.5K0.7968.11N/AN/A12,1639,624320,658182,435
2022-03-14$10.70$10.0045.0%14.6%28.2%46.6%50.8%6.1%57.4%2.5M-5.5M-776.7K0.5535.96N/AN/A10,9365,962315,339177,750
2022-03-15$10.77$10.0043.8%14.6%27.4%43.7%52.8%3.5%2.2%2.8M-3.0M-764.6K1.2139.95N/AN/A5,6306,794320,487179,591
2022-03-16$10.75$10.0042.4%14.5%27.5%40.3%55.5%1.7%2.1%2.7M3.4M-704.3K0.1552.85N/AN/A20,3202,966319,668182,469
2022-03-17$10.83$10.0039.1%14.1%27.0%32.2%51.4%3.1%-0.1%3.0M1.2M-694.8K2.1335.02N/AN/A10,19321,735323,245182,899
2022-03-18$11.10$10.0036.2%13.4%27.4%25.4%47.0%4.4%1.4%3.8M-16.3M-744.4K0.5049.24N/AN/A18,7469,357324,378200,600
2022-03-21$10.92$10.0035.2%13.1%28.5%22.9%47.2%6.3%0.6%993.4K3.8M-661.6K1.1656.84N/AN/A11,01812,766279,996181,446
2022-03-22$10.96$10.0032.7%12.5%28.0%16.8%47.7%4.0%0.8%1.2M5.1M-680.5K1.5618.84N/AN/A8,98114,054285,324186,753
2022-03-23$10.88$10.0033.1%12.6%26.7%17.9%46.5%3.5%1.5%1.0M8.8M-675.5K1.956.89N/AN/A4,2938,376289,726192,522
2022-03-24$10.89$10.0033.0%12.7%26.8%17.5%47.2%5.2%0.5%871.3K12.3M-678.7K0.8759.55N/AN/A6,9716,095291,136194,710
2022-03-25$11.36$10.0033.0%13.2%27.1%17.4%46.7%5.0%0.5%2.1M-18.6M-718.4K0.3321.02N/AN/A20,7216,913293,923195,771
2022-03-28$11.15$10.0034.5%12.9%27.6%21.3%47.4%4.9%7.6%1.6M-3.6M-722.6K0.8712.70N/AN/A7,2776,323293,833194,020
2022-03-29$11.35$10.0032.4%12.8%28.0%16.1%43.1%5.4%8.2%2.0M-15.4M-701.8K0.5712.90N/AN/A7,6694,408296,777196,285
2022-03-30$11.38$10.0032.3%12.9%27.7%15.8%45.6%4.8%9.0%2.2M-20.4M-712.8K0.5013.08N/AN/A9,6134,838299,323196,611
2022-03-31$11.30$10.0033.8%12.8%26.5%19.5%46.5%4.6%8.9%2.0M-14.1M-692.5K1.3721.17N/AN/A3,9455,422303,413197,860