LUMN Options History — June 2022

In June 2022, LUMN traded between $10.15 and $12.01. ATM implied volatility averaged 40.6%, placing in the 37.3% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 3.2% (HV 20d: 43.8%). Max pain ranged from $11.00 to $12.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.06.

Notable Days

2022-06-24: Highest Volume — 69,601 contracts
2022-06-13: Largest IV spike — 23.1% change
2022-06-13: Highest IV Rank — 63.2%
2022-06-13: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.14	$10.15	$12.01	$12.01	$10.90
Max Pain	$11.05	$11.00	$12.00	$12.00	$11.00
ATM IV	40.6%	35.2%	48.5%	37.7%	44.9%
Expected Move	11.6%	10.0%	14.1%	11.1%	11.8%
HV 20d	43.8%	35.2%	47.1%	46.3%	42.4%
HV 60d	39.1%	36.1%	41.5%	36.6%	41.5%
IV Rank	37.3%	19.6%	63.2%	32.2%	50.6%
IV Percentile	60.5%	36.9%	91.3%	50.0%	77.4%
Term Structure	2.2%	-3.5%	12.6%	-0.5%	12.6%
VWIV	42.2%	35.9%	46.5%	45.6%	41.9%
Skew 25d	7.7%	2.7%	11.2%	6.9%	7.7%
Skew 10d	15.6%	-2.8%	25.4%	18.4%	17.9%
Call IV 25d	38.2%	33.7%	44.8%	35.5%	39.6%
Put IV 25d	45.9%	40.1%	53.4%	42.4%	47.3%
Bid-Ask Spread %	27.11	4.51	61.35	57.22	26.09
Gamma HHI	0.13	0.10	0.18	0.14	0.10
Net GEX	533.2K	-1.5M	2.5M	2.3M	218.1K
Net DEX	31.1M	-20.7M	93.0M	-20.7M	38.1M
Net VEX	-821.8K	-987.3K	-705.4K	-856.4K	-946.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.06	0.21	4.89	1.05	1.50
Total Volume	26,435.429	12,673	69,601	33,881	18,313
Total OI	518,711.286	411,670	558,292	543,957	528,027

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$12.01	$12.00	37.7%	11.1%	46.3%	32.2%	45.6%	6.9%	-0.5%	2.3M	-20.7M	-856.4K	1.05	57.22	N/A	N/A	16,545	17,336	272,118	271,839
2022-06-02	$11.83	$11.00	36.1%	10.4%	46.7%	23.0%	45.1%	7.1%	-0.5%	1.9M	-2.3M	-838.8K	0.27	25.99	N/A	N/A	14,419	3,848	274,388	272,818
2022-06-03	$11.65	$11.00	37.7%	10.4%	47.1%	28.1%	42.9%	2.7%	0.5%	1.5M	6.7M	-822.8K	0.43	44.03	N/A	N/A	14,225	6,153	275,847	273,861
2022-06-06	$11.72	$11.00	37.9%	10.4%	46.5%	28.7%	39.6%	6.2%	-1.1%	1.6M	3.9M	-808.2K	0.21	12.56	N/A	N/A	18,666	3,940	271,279	271,959
2022-06-07	$11.86	$11.00	35.2%	10.3%	45.7%	19.6%	35.9%	6.5%	0.9%	2.5M	-7.8M	-811.1K	0.48	4.95	N/A	N/A	8,876	4,264	275,468	272,886
2022-06-08	$11.66	$11.00	36.7%	10.0%	42.2%	24.7%	39.5%	6.5%	-2.0%	1.9M	5.8M	-791.0K	0.52	4.76	N/A	N/A	8,516	4,461	276,829	273,346
2022-06-09	$11.50	$11.00	37.0%	11.2%	42.7%	25.4%	40.9%	5.9%	2.9%	910.8K	21.4M	-806.9K	0.45	4.83	N/A	N/A	9,353	4,203	277,483	275,026
2022-06-10	$11.35	$11.00	39.4%	11.6%	35.2%	33.4%	42.8%	6.6%	1.9%	617.3K	33.1M	-806.6K	0.39	9.40	N/A	N/A	14,093	5,431	277,950	276,201
2022-06-13	$10.46	$11.00	48.5%	14.1%	44.8%	63.2%	46.2%	8.0%	-3.5%	-1.5M	75.5M	-717.5K	0.72	4.51	N/A	N/A	29,112	21,081	262,036	273,722
2022-06-14	$10.56	$11.00	43.6%	12.4%	45.0%	47.2%	43.9%	9.3%	2.3%	-1.3M	72.8M	-749.6K	0.57	4.87	N/A	N/A	8,060	4,613	272,217	278,748
2022-06-15	$10.52	$11.00	39.9%	11.5%	44.3%	35.2%	39.7%	8.8%	2.8%	-1.4M	76.9M	-705.4K	1.34	51.14	N/A	N/A	6,396	8,548	271,962	280,137
2022-06-16	$10.15	$11.00	46.7%	13.4%	43.7%	57.2%	46.5%	10.1%	-1.3%	-1.3M	93.0M	-727.9K	1.61	5.02	N/A	N/A	5,639	9,071	273,072	285,057
2022-06-17	$10.42	$11.00	44.3%	12.8%	45.2%	49.6%	44.3%	6.4%	-1.2%	-724.8K	80.2M	-746.3K	1.61	55.82	N/A	N/A	12,970	20,929	274,718	283,574
2022-06-21	$10.77	$11.00	39.5%	11.2%	45.8%	33.8%	40.0%	8.9%	1.0%	-299.4K	45.5M	-783.2K	0.83	52.98	N/A	N/A	15,834	13,202	173,473	238,197
2022-06-22	$10.62	$11.00	42.8%	12.3%	43.5%	44.4%	44.0%	7.7%	0.2%	-146.6K	46.9M	-772.8K	1.22	36.83	N/A	N/A	11,572	14,091	184,254	240,096
2022-06-23	$10.92	$11.00	41.3%	11.7%	42.0%	38.9%	44.5%	11.2%	2.7%	309.2K	31.1M	-803.3K	1.45	56.76	N/A	N/A	15,595	22,572	189,424	242,910
2022-06-24	$11.25	$11.00	42.1%	12.2%	43.6%	41.4%	40.9%	8.8%	-1.0%	1.0M	14.5M	-882.0K	1.07	61.35	N/A	N/A	33,665	35,936	201,718	253,210
2022-06-27	$11.36	$11.00	39.9%	11.3%	42.5%	34.0%	39.6%	8.6%	8.6%	948.4K	10.8M	-926.5K	0.78	29.59	N/A	N/A	26,143	20,340	212,266	271,057
2022-06-28	$11.28	$11.00	39.1%	11.2%	42.0%	31.5%	39.2%	8.6%	10.7%	1.1M	13.5M	-987.3K	0.83	15.31	N/A	N/A	9,446	7,801	230,078	273,554
2022-06-29	$11.23	$11.00	41.9%	12.1%	41.9%	40.8%	43.7%	9.4%	9.3%	1.2M	13.3M	-968.9K	4.89	5.39	N/A	N/A	5,073	24,813	236,421	273,711
2022-06-30	$10.90	$11.00	44.9%	11.8%	42.4%	50.6%	41.9%	7.7%	12.6%	218.1K	38.1M	-946.0K	1.50	26.09	N/A	N/A	7,315	10,998	237,939	290,088