LUMN Options History — November 2022

In November 2022, LUMN traded between $5.44 and $7.44. ATM implied volatility averaged 53.1%, placing in the 57.9% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded below realized volatility by 24.8% (HV 20d: 77.8%). Max pain ranged from $6.00 to $8.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.26.

Notable Days

  • 2022-11-03: Highest Volume — 99,028 contracts
  • 2022-11-03: Largest IV drop — 13.7% change
  • 2022-11-02: Highest IV Rank — 85.0%
  • 2022-11-02: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.08$5.44$7.44$7.44$5.47
Max Pain$7.05$6.00$8.00$8.00$6.00
ATM IV53.1%45.6%64.3%61.0%50.1%
Expected Move15.6%12.8%20.9%19.5%14.0%
HV 20d77.8%44.4%82.3%53.5%78.5%
HV 60d60.4%46.2%62.7%46.2%62.7%
IV Rank57.9%40.0%85.0%77.0%50.8%
IV Percentile80.4%54.4%95.2%92.9%73.8%
Term Structure1.6%-4.6%15.5%-1.9%0.1%
VWIV53.7%44.6%69.7%66.6%48.9%
Skew 25d7.9%3.3%11.1%11.1%4.7%
Skew 10d16.1%5.8%24.9%23.0%5.8%
Call IV 25d51.7%43.0%58.8%55.9%50.0%
Put IV 25d59.6%51.4%68.7%67.0%54.8%
Bid-Ask Spread %6.732.4523.957.692.64
Gamma HHI0.160.110.200.110.15
Net GEX221.5K-81.4K550.4K550.4K-81.4K
Net DEX47.0M21.0M86.2M21.0M43.7M
Net VEX-493.4K-682.1K-425.4K-682.1K-471.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.345.380.670.37
Total Volume28,302.6673,28299,02818,41512,506
Total OI620,341.524575,074663,667643,387612,127

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$7.44$8.0061.0%19.5%53.5%77.0%66.6%11.1%-1.9%550.4K21.0M-682.1K0.677.69N/AN/A10,9977,418367,503275,884
2022-11-02$7.10$8.0064.3%20.9%44.4%85.0%69.7%9.9%0.6%435.1K40.0M-632.6K0.823.69N/AN/A11,0329,035371,006276,669
2022-11-03$5.84$7.0055.5%16.1%80.7%63.9%56.5%9.9%0.8%-80.2K86.2M-425.4K2.1823.95N/AN/A31,14067,888375,285278,382
2022-11-04$5.95$7.0055.2%16.2%80.6%63.0%55.5%6.9%-2.8%-50.6K71.0M-470.2K1.134.10N/AN/A16,01318,052384,034279,633
2022-11-07$6.07$7.0055.7%16.0%80.7%64.4%55.1%7.2%0.0%212.7K63.9M-474.5K0.5314.07N/AN/A14,7267,747371,981265,614
2022-11-08$6.37$7.0054.4%16.9%82.3%61.3%55.9%9.7%6.8%394.2K44.3M-515.4K0.543.53N/AN/A17,1839,263377,966257,419
2022-11-09$6.37$7.0053.7%17.3%82.3%59.5%57.6%10.1%15.5%433.9K37.7M-509.7K0.884.16N/AN/A9,8328,606380,431247,888
2022-11-10$6.46$7.0053.6%16.1%81.9%59.3%50.9%10.6%5.3%539.8K34.8M-515.8K0.5814.79N/AN/A22,08112,802381,904248,861
2022-11-11$6.35$7.0053.3%16.1%81.9%58.5%53.3%9.0%7.0%307.9K44.6M-493.6K0.452.94N/AN/A22,58210,229380,367252,335
2022-11-14$6.35$7.0055.2%16.1%81.4%63.1%54.5%8.8%-4.6%399.2K45.2M-489.6K2.183.35N/AN/A8,71119,001374,200250,634
2022-11-15$6.09$7.0054.4%15.5%81.5%61.2%54.3%5.2%2.5%342.4K48.8M-454.4K1.6623.82N/AN/A9,29315,421377,527242,582
2022-11-16$5.88$7.0052.2%15.0%81.6%55.8%53.1%8.2%1.9%135.5K53.9M-426.6K1.712.76N/AN/A10,63618,229378,901240,685
2022-11-17$5.86$7.0052.9%15.1%81.5%57.6%53.7%7.8%2.8%27.0K53.9M-427.8K1.862.95N/AN/A9,84418,342380,432244,459
2022-11-18$5.85$7.0051.7%14.9%81.5%54.7%52.7%3.3%-1.3%203.9K51.4M-494.9K0.772.50N/AN/A12,4459,603382,681254,436
2022-11-21$5.78$7.0049.9%13.9%81.4%50.4%48.8%8.1%-0.8%136.8K42.7M-484.0K0.932.68N/AN/A8,3987,819344,644230,430
2022-11-22$5.83$7.0047.6%13.1%80.6%44.9%45.9%6.9%0.8%164.2K42.2M-487.7K0.559.83N/AN/A10,9296,051348,400232,710
2022-11-23$5.89$7.0045.6%12.8%79.9%40.0%44.6%8.4%0.2%362.2K35.8M-484.8K2.563.73N/AN/A9,69524,781352,833223,846
2022-11-25$5.84$7.0046.6%12.9%79.8%42.4%46.3%6.0%-0.4%290.9K37.9M-496.4K0.342.51N/AN/A2,450832356,354237,303
2022-11-28$5.49$7.0051.5%15.0%79.1%54.2%51.9%6.7%0.3%8.4K43.3M-456.2K5.382.45N/AN/A8,85447,637350,268230,542
2022-11-29$5.44$7.0049.6%14.7%78.9%49.6%52.1%7.8%0.9%-80.1K44.8M-468.9K0.433.13N/AN/A11,3634,890354,568253,448
2022-11-30$5.47$6.0050.1%14.0%78.5%50.8%48.9%4.7%0.1%-81.4K43.7M-471.1K0.372.64N/AN/A9,1603,346357,272254,855