LUMN Options History — February 2023

In February 2023, LUMN traded between $3.37 and $5.58. ATM implied volatility averaged 60.2%, placing in the 67.1% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded below realized volatility by 26.7% (HV 20d: 87.0%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 4 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 1.06.

Notable Days

  • 2023-02-08: Highest Volume — 281,042 contracts
  • 2023-02-08: Largest IV drop — 25.0% change
  • 2023-02-07: Highest IV Rank — 100.0%
  • 2023-02-01: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.17$3.37$5.58$5.42$3.41
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV60.2%51.0%77.5%63.7%59.6%
Expected Move16.7%14.5%22.4%22.4%16.3%
HV 20d87.0%52.1%102.5%52.1%95.8%
HV 60d61.5%44.4%68.0%44.4%67.8%
IV Rank67.1%45.5%100.0%83.4%63.1%
IV Percentile83.7%62.3%100.0%92.1%82.1%
Term Structure-0.4%-6.6%6.5%-3.3%0.1%
VWIV58.3%47.7%82.7%82.7%57.9%
Skew 25d8.9%3.4%13.2%11.7%3.4%
Skew 10d15.2%-5.1%24.6%24.6%14.1%
Call IV 25d58.2%50.3%72.8%59.9%62.3%
Put IV 25d67.1%60.6%83.7%71.7%65.7%
Bid-Ask Spread %8.433.1534.4210.193.27
Gamma HHI0.290.130.640.190.38
Net GEX-304.5K-1.8M488.0K31.5K-225.2K
Net DEX29.2M-8.5M92.1M2.9M24.7M
Net VEX-442.8K-524.6K-368.7K-505.6K-396.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.204.890.251.12
Total Volume50,462.7379,596281,04221,41213,979
Total OI659,578.579562,367788,655574,250632,392

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$5.42$5.0063.7%22.4%52.1%83.4%82.7%11.7%-3.3%31.5K2.9M-505.6K0.2510.19N/AN/A17,0934,319293,828280,422
2023-02-02$5.58$5.0065.1%16.5%53.0%86.7%61.4%10.3%-2.4%488.0K-8.5M-524.6K0.343.88N/AN/A24,2668,360298,803282,403
2023-02-03$5.22$5.0069.1%18.4%58.3%96.4%63.2%9.6%-2.3%36.3K10.5M-487.2K1.7611.74N/AN/A12,39521,870298,431283,531
2023-02-06$5.05$5.0068.6%18.6%59.3%95.2%63.1%9.8%-3.3%-205.4K19.8M-477.6K0.623.56N/AN/A33,88720,898298,489278,575
2023-02-07$4.99$5.0077.5%20.1%59.3%100.0%70.6%10.9%-6.6%-106.4K20.4M-489.4K2.393.74N/AN/A43,017102,778324,300295,194
2023-02-08$3.91$5.0058.2%15.6%102.5%60.2%52.8%5.5%-3.5%-767.5K92.1M-386.8K1.2434.42N/AN/A125,231155,811345,580383,314
2023-02-09$3.98$5.0060.2%16.5%100.7%64.3%58.6%6.6%-3.3%-285.8K54.1M-455.5K0.644.87N/AN/A45,06128,732433,367355,288
2023-02-10$3.96$5.0057.8%15.8%98.4%59.4%55.5%8.7%-4.1%-36.6K40.4M-442.1K2.1817.41N/AN/A14,41031,397447,428311,299
2023-02-13$4.06$5.0057.1%16.2%99.7%57.9%54.1%10.2%1.7%-27.9K31.8M-483.0K0.3410.61N/AN/A15,1845,179401,303308,704
2023-02-14$3.96$5.0054.5%15.5%99.1%52.6%54.7%13.2%2.4%99.1K32.6M-451.4K4.8917.91N/AN/A10,79652,761408,723292,901
2023-02-15$3.92$5.0051.0%14.6%98.6%45.5%47.7%9.6%6.5%-171.9K34.2M-443.5K0.4610.98N/AN/A10,7434,988414,006333,125
2023-02-16$3.88$5.0052.8%15.0%97.1%49.1%54.1%7.8%3.4%-223.0K35.0M-431.3K0.854.48N/AN/A10,0518,495418,431327,884
2023-02-17$3.94$5.0052.6%14.5%96.3%48.8%51.2%10.3%6.0%-225.3K32.0M-447.5K0.204.76N/AN/A19,4703,815424,014331,993
2023-02-21$3.69$5.0061.3%17.6%98.0%66.6%56.0%8.9%-2.3%-698.2K29.2M-405.4K0.283.96N/AN/A24,8126,956305,426296,230
2023-02-22$3.70$5.0060.8%17.0%96.6%65.6%56.3%12.0%-0.3%-540.2K23.8M-420.2K0.394.02N/AN/A6,8922,704321,295296,316
2023-02-23$3.62$5.0058.5%15.6%96.4%60.8%54.1%9.2%2.1%-1.1M28.4M-401.2K0.844.14N/AN/A15,41512,922324,793294,199
2023-02-24$3.55$5.0056.6%15.4%96.3%56.9%53.9%4.9%3.7%-1.8M25.1M-395.3K0.853.15N/AN/A6,7555,714330,716296,923
2023-02-27$3.37$5.0059.7%16.5%95.0%63.2%59.2%6.9%-2.0%-4.8K26.4M-368.7K0.413.17N/AN/A22,4839,153319,887242,480
2023-02-28$3.41$5.0059.6%16.3%95.8%63.1%57.9%3.4%0.1%-225.2K24.7M-396.8K1.123.27N/AN/A6,5857,394335,910296,482