LUMN Options History — July 2023

In July 2023, LUMN traded between $1.63 and $2.26. ATM implied volatility averaged 97.0%, placing in the 87.3% IV rank vs the trailing year. The 30-day expected move averaged 27.4%. IV traded above realized volatility by 4.7% (HV 20d: 92.3%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 2.52.

Notable Days

  • 2023-07-20: Highest Volume — 68,238 contracts
  • 2023-07-17: Largest IV spike — 12.4% change
  • 2023-07-17: Highest IV Rank — 100.0%
  • 2023-07-31: Largest Expected Move — 32.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.93$1.63$2.26$2.25$1.77
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV97.0%89.9%107.0%89.9%101.2%
Expected Move27.4%22.5%32.1%22.5%32.1%
HV 20d92.3%80.0%103.5%93.8%88.5%
HV 60d83.4%78.1%89.9%78.1%85.2%
IV Rank87.3%78.3%100.0%78.3%92.5%
IV Percentile96.8%93.3%100.0%94.8%97.6%
Term Structure-3.0%-10.8%1.4%-1.1%-6.8%
VWIV97.0%76.6%112.0%76.6%112.0%
Skew 25d9.0%5.1%16.3%6.1%7.1%
Skew 10d20.1%-15.3%75.3%30.4%75.3%
Call IV 25d97.0%86.7%106.7%86.7%106.7%
Put IV 25d105.9%92.8%113.7%92.8%113.7%
Bid-Ask Spread %6.414.469.355.656.11
Gamma HHI0.200.170.220.170.21
Net GEX-207.5K-253.9K-146.7K-146.7K-225.8K
Net DEX22.0M16.6M26.1M17.3M24.0M
Net VEX-306.8K-332.2K-259.9K-332.2K-318.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.520.1220.010.432.83
Total Volume21,908.14,16168,2384,37460,202
Total OI645,881.7608,678727,975611,451690,609

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$2.25$2.0089.9%22.5%93.8%78.3%76.6%6.1%-1.1%-146.7K17.3M-332.2K0.435.65N/AN/A3,0651,309236,657374,794
2023-07-05$2.26$2.0090.7%22.9%91.5%79.4%79.8%8.8%-4.1%-159.1K16.6M-330.3K0.244.63N/AN/A7,7431,830238,538375,235
2023-07-06$2.09$2.0094.4%26.4%92.4%84.2%90.6%7.8%1.4%-177.0K19.2M-308.4K1.517.96N/AN/A3,7845,727238,689375,887
2023-07-07$2.20$2.0094.9%25.9%93.6%84.8%92.9%7.5%-2.6%-168.6K17.9M-322.5K0.129.35N/AN/A6,677829238,512376,871
2023-07-10$2.06$2.0093.8%26.2%96.8%83.4%92.9%11.9%-3.3%-196.2K19.9M-303.9K2.068.70N/AN/A4,2298,702234,103374,575
2023-07-11$2.06$2.0092.4%25.4%96.8%81.6%90.0%6.6%-2.9%-197.2K20.3M-299.7K0.737.30N/AN/A2,4011,760234,752373,993
2023-07-12$2.08$2.0094.3%25.2%96.6%84.1%92.1%11.5%-6.6%-212.0K20.5M-302.7K20.017.76N/AN/A1,68933,796235,325375,493
2023-07-13$2.06$2.0094.0%25.8%80.0%83.6%108.8%10.9%-4.7%-253.9K21.1M-306.3K4.516.83N/AN/A3,19414,416235,782388,791
2023-07-14$1.87$2.0095.2%25.2%82.8%85.2%97.6%6.7%-10.8%-235.6K24.9M-289.7K0.855.84N/AN/A10,7989,169237,499397,020
2023-07-17$1.69$2.00107.0%30.5%88.5%100.0%98.8%16.3%1.1%-220.7K25.3M-262.6K1.706.33N/AN/A9,96816,985236,580397,849
2023-07-18$1.63$2.00103.7%29.6%88.9%95.8%101.3%11.7%-2.8%-218.4K26.1M-259.9K1.116.96N/AN/A13,02014,394242,069410,130
2023-07-19$1.88$2.0099.8%28.6%103.5%90.7%100.1%5.2%-2.4%-220.5K22.8M-299.6K0.756.22N/AN/A18,13813,620249,274408,620
2023-07-20$1.90$2.0099.2%28.5%100.0%89.9%99.9%13.1%-0.5%-204.7K22.9M-299.5K6.814.55N/AN/A8,73859,500254,149415,256
2023-07-21$1.90$2.0099.4%28.6%97.8%90.2%99.8%10.0%-7.2%-208.6K23.2M-327.9K0.314.46N/AN/A24,2247,491257,961470,014
2023-07-24$1.83$2.0099.6%28.8%98.0%90.6%101.1%9.1%-1.7%-197.9K22.6M-322.5K0.546.18N/AN/A7,6974,189195,208463,154
2023-07-25$1.77$2.0099.2%28.9%89.6%90.1%100.6%6.4%0.1%-223.1K23.3M-313.0K0.245.64N/AN/A14,1213,442199,737465,869
2023-07-26$1.83$2.0094.7%27.4%88.5%84.2%96.7%11.9%-1.2%-226.7K24.0M-321.6K0.345.92N/AN/A4,9641,687203,524466,761
2023-07-27$1.73$2.00102.2%31.6%88.9%93.8%105.8%5.1%-3.5%-232.5K24.8M-302.2K0.856.24N/AN/A4,3843,719203,909468,045
2023-07-28$1.77$2.0094.4%28.8%89.1%83.9%102.9%5.6%-0.6%-224.2K24.0M-312.3K4.465.56N/AN/A4,86421,697206,167470,233
2023-07-31$1.77$2.00101.2%32.1%88.5%92.5%112.0%7.1%-6.8%-225.8K24.0M-318.8K2.836.11N/AN/A15,72844,474195,205495,404