LUMN Options History — April 2023

In April 2023, LUMN traded between $2.13 and $2.56. ATM implied volatility averaged 93.6%, placing in the 94.7% IV rank vs the trailing year. The 30-day expected move averaged 27.0%. IV traded above realized volatility by 37.3% (HV 20d: 56.3%). Max pain ranged from $2.00 to $3.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.45.

Notable Days

  • 2023-04-14: Highest Volume — 32,313 contracts
  • 2023-04-24: Largest IV drop — 13.9% change
  • 2023-04-04: Highest IV Rank — 100.0%
  • 2023-04-26: Largest Expected Move — 32.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.34$2.13$2.56$2.56$2.35
Max Pain$2.58$2.00$3.50$3.50$2.00
ATM IV93.6%83.5%106.7%83.5%89.6%
Expected Move27.0%19.1%32.5%20.1%26.5%
HV 20d56.3%48.3%71.8%57.8%71.8%
HV 60d71.3%68.8%75.1%71.7%75.1%
IV Rank94.7%78.0%100.0%94.8%78.0%
IV Percentile99.1%95.2%100.0%99.2%95.2%
Term Structure-2.3%-12.0%4.3%-1.7%-1.0%
VWIV93.3%66.6%110.6%70.4%110.6%
Skew 25d13.9%6.6%22.3%9.4%11.2%
Skew 10d30.8%1.0%58.1%19.2%52.9%
Call IV 25d88.1%81.0%96.3%84.5%87.8%
Put IV 25d102.1%93.9%113.9%93.9%99.0%
Bid-Ask Spread %5.831.8717.481.874.18
Gamma HHI0.150.130.170.140.14
Net GEX-107.9K-148.5K-49.8K-49.8K-95.7K
Net DEX24.3M19.9M27.9M22.7M20.7M
Net VEX-370.3K-395.0K-345.1K-383.1K-378.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.154.733.251.32
Total Volume13,725.1053,70432,31317,12220,499
Total OI635,381609,585670,598609,585632,466

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$2.56$3.5083.5%20.1%57.8%94.8%70.4%9.4%-1.7%-49.8K22.7M-383.1K3.251.87N/AN/A4,02413,098279,040330,545
2023-04-04$2.42$3.5089.0%19.5%57.2%100.0%68.6%15.1%-6.0%-92.9K25.7M-369.4K0.542.31N/AN/A6,9563,758281,323340,724
2023-04-05$2.44$3.0088.5%19.1%57.4%99.2%66.6%12.2%-0.5%-84.2K25.4M-376.7K0.562.08N/AN/A4,3752,435284,941341,649
2023-04-06$2.44$3.0088.3%26.6%55.6%98.9%91.0%16.1%0.6%-125.0K24.8M-379.3K4.436.77N/AN/A3,14113,925287,022341,456
2023-04-10$2.44$3.0090.1%27.0%48.3%100.0%93.4%17.6%4.3%-133.6K25.4M-376.6K0.374.95N/AN/A8,2873,051280,409348,113
2023-04-11$2.55$3.0094.0%27.4%51.1%100.0%88.4%16.1%1.3%-96.2K22.3M-395.0K0.226.44N/AN/A6,0731,351285,244349,082
2023-04-12$2.48$3.0090.7%26.6%51.6%94.9%90.0%12.0%2.8%-99.3K24.0M-385.1K0.687.29N/AN/A2,9682,009287,468349,609
2023-04-13$2.35$3.0088.9%26.8%54.7%92.1%93.1%12.8%4.3%-123.1K25.5M-363.5K0.854.59N/AN/A5,0594,284288,962348,181
2023-04-14$2.29$2.5089.0%25.8%54.1%92.4%89.7%15.7%1.5%-129.7K26.8M-353.0K4.734.85N/AN/A5,63526,678290,858349,869
2023-04-17$2.27$2.5094.1%27.4%53.1%100.0%96.4%12.0%-10.4%-141.1K27.5M-363.9K0.635.98N/AN/A5,6003,512287,743362,335
2023-04-18$2.21$2.5093.8%26.7%52.3%99.6%90.3%6.6%-1.4%-148.3K27.9M-350.0K3.136.14N/AN/A3,83812,007288,672362,811
2023-04-19$2.20$2.5098.1%28.1%51.4%100.0%96.9%12.8%-2.4%-148.5K27.2M-364.3K0.155.54N/AN/A13,5742,025290,810365,027
2023-04-20$2.17$2.00105.9%30.9%51.5%100.0%106.4%17.8%-12.0%-127.5K25.8M-361.6K0.356.12N/AN/A8,6463,005299,680364,694
2023-04-21$2.23$2.00106.7%31.5%52.9%100.0%104.6%22.3%-8.4%-109.0K24.7M-365.8K1.555.93N/AN/A9,34414,482305,664364,934
2023-04-24$2.41$2.0091.9%28.6%59.5%81.0%99.9%18.8%-2.9%-79.2K19.9M-385.7K0.625.23N/AN/A12,5937,847258,209352,418
2023-04-25$2.37$2.0094.1%30.6%56.4%83.8%107.2%12.7%-4.9%-57.2K19.9M-382.9K0.8017.48N/AN/A3,2992,623265,876354,214
2023-04-26$2.13$2.00102.2%32.5%65.6%94.2%107.5%12.8%-4.1%-105.4K22.3M-345.1K3.075.68N/AN/A4,19412,878267,173353,123
2023-04-27$2.20$2.0099.4%30.8%67.2%90.7%102.5%11.2%-2.4%-104.8K22.8M-357.4K0.297.32N/AN/A2,874830267,154364,741
2023-04-28$2.35$2.0089.6%26.5%71.8%78.0%110.6%11.2%-1.0%-95.7K20.7M-378.1K1.324.18N/AN/A8,83811,661267,460365,006