LUMN Options History — December 2022

In December 2022, LUMN traded between $5.08 and $5.72. ATM implied volatility averaged 50.3%, placing in the 51.3% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 7.5% (HV 20d: 42.8%). Max pain ranged from $6.00 to $9.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2022-12-05: Highest Volume — 53,895 contracts
  • 2022-12-22: Largest IV spike — 11.9% change
  • 2022-12-27: Highest IV Rank — 60.1%
  • 2022-12-07: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.38$5.08$5.72$5.58$5.19
Max Pain$8.29$6.00$9.00$6.00$8.00
ATM IV50.3%46.6%53.9%47.9%53.0%
Expected Move14.6%13.3%17.0%13.7%13.6%
HV 20d42.8%37.8%78.6%78.6%41.9%
HV 60d61.4%56.9%63.5%62.9%56.9%
IV Rank51.3%42.5%60.1%45.6%57.9%
IV Percentile71.3%54.4%85.3%63.1%82.1%
Term Structure1.2%-2.3%6.7%0.4%1.6%
VWIV50.4%47.0%54.0%48.3%47.0%
Skew 25d6.8%3.0%9.5%6.4%9.1%
Skew 10d13.8%5.3%30.8%11.3%11.1%
Call IV 25d48.2%44.6%51.7%46.7%46.7%
Put IV 25d55.0%51.0%58.6%53.2%55.8%
Bid-Ask Spread %3.621.6222.952.507.46
Gamma HHI0.170.140.210.160.21
Net GEX144.8K-166.2K520.9K21.0K-108.2K
Net DEX32.4M20.1M46.6M40.7M31.3M
Net VEX-478.0K-517.0K-454.4K-480.2K-455.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.143.480.471.89
Total Volume16,5926,27953,89510,15010,706
Total OI638,238.905615,765665,502615,765640,548

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$5.58$6.0047.9%13.7%78.6%45.6%48.3%6.4%0.4%21.0K40.7M-480.2K0.472.50N/AN/A6,9263,224359,909255,856
2022-12-02$5.50$6.0049.2%13.7%38.7%48.6%48.7%3.0%1.5%-166.2K42.4M-473.3K0.282.57N/AN/A14,8604,199363,373256,842
2022-12-05$5.20$9.0052.7%15.4%42.1%57.1%54.0%6.2%0.6%-39.6K46.6M-457.0K0.221.91N/AN/A44,3389,557365,719255,529
2022-12-06$5.36$9.0050.3%16.0%43.2%51.4%54.0%7.5%2.7%61.5K39.7M-479.1K0.171.98N/AN/A23,8864,060391,230262,154
2022-12-07$5.44$9.0050.2%17.0%39.0%51.2%51.1%6.6%0.8%53.4K36.2M-490.3K0.143.44N/AN/A38,3785,507383,663264,851
2022-12-08$5.36$9.0047.1%15.7%38.9%43.7%50.0%6.4%2.0%127.5K33.8M-487.2K0.871.98N/AN/A4,7754,171400,095265,407
2022-12-09$5.51$9.0046.6%14.2%40.3%42.5%52.1%7.6%0.5%271.3K27.2M-498.7K0.602.34N/AN/A9,5885,746392,940267,491
2022-12-12$5.58$9.0051.3%14.6%40.7%53.8%51.4%8.1%-0.5%326.2K25.3M-509.4K0.572.09N/AN/A5,7183,254389,076261,434
2022-12-13$5.69$9.0050.7%13.8%41.7%52.4%48.6%8.0%-2.3%422.8K21.6M-517.0K0.612.01N/AN/A4,7512,887391,274262,450
2022-12-14$5.72$9.0049.5%13.7%39.6%49.3%49.8%6.2%-1.4%455.7K20.1M-510.0K1.112.40N/AN/A4,1084,540393,523264,636
2022-12-15$5.46$9.0049.7%15.6%41.0%49.8%50.6%3.0%6.2%468.7K30.4M-495.6K0.932.11N/AN/A3,2563,023394,780267,334
2022-12-16$5.46$9.0051.0%15.9%41.0%53.0%48.5%7.2%6.7%520.9K32.4M-484.7K0.392.98N/AN/A8,6793,425394,462267,634
2022-12-19$5.29$8.0050.8%14.8%42.2%52.6%53.4%8.6%-0.6%75.5K34.3M-468.7K1.012.47N/AN/A8,1978,243360,158258,659
2022-12-20$5.29$8.0049.0%14.1%42.2%48.2%51.0%9.5%-0.6%156.0K32.3M-456.5K0.682.56N/AN/A5,0373,403364,530257,726
2022-12-21$5.28$8.0047.2%13.5%41.9%43.9%47.9%5.8%1.1%100.0K31.7M-472.9K0.501.62N/AN/A6,4403,224365,287257,029
2022-12-22$5.14$8.0052.8%15.1%42.2%57.4%51.3%7.2%0.7%30.3K35.2M-457.5K1.002.37N/AN/A4,7014,694367,924257,222
2022-12-23$5.25$8.0050.0%14.0%43.3%50.5%49.1%4.9%3.4%62.9K32.3M-463.5K0.722.25N/AN/A5,1153,695368,715258,619
2022-12-27$5.25$8.0053.9%14.6%37.8%60.1%49.9%9.3%0.8%110.1K28.7M-456.4K0.832.43N/AN/A10,9939,103363,742252,938
2022-12-28$5.08$8.0053.7%14.6%39.3%59.4%50.9%6.1%0.4%-4.4K33.7M-454.4K3.483.57N/AN/A6,07121,125368,293258,978
2022-12-29$5.29$8.0049.5%13.3%42.2%49.3%51.3%6.6%0.6%95.4K25.0M-471.0K0.9422.95N/AN/A7,6247,205370,153260,834
2022-12-30$5.19$8.0053.0%13.6%41.9%57.9%47.0%9.1%1.6%-108.2K31.3M-455.1K1.897.46N/AN/A3,7076,999374,088266,460