LUMN Options History — August 2023

In August 2023, LUMN traded between $1.50 and $2.00. ATM implied volatility averaged 100.6%, placing in the 87.6% IV rank vs the trailing year. The 30-day expected move averaged 28.6%. IV traded above realized volatility by 11.3% (HV 20d: 89.3%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 1.05.

Notable Days

  • 2023-08-01: Highest Volume — 60,002 contracts
  • 2023-08-10: Largest IV drop — 16.2% change
  • 2023-08-01: Highest IV Rank — 100.0%
  • 2023-08-01: Largest Expected Move — 34.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.69$1.50$2.00$2.00$1.60
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV100.6%87.7%111.7%107.6%88.6%
Expected Move28.6%24.4%34.3%34.3%25.5%
HV 20d89.3%56.7%107.1%100.5%56.7%
HV 60d88.9%86.7%90.8%87.9%86.7%
IV Rank87.6%70.8%100.0%100.0%70.9%
IV Percentile91.9%75.8%100.0%100.0%76.6%
Term Structure-0.6%-8.6%7.2%-8.6%3.2%
VWIV98.5%85.4%117.3%117.3%88.2%
Skew 25d12.5%-2.4%23.8%12.6%-2.4%
Skew 10d30.7%-28.6%61.7%-28.6%8.8%
Call IV 25d97.3%82.1%108.1%106.0%85.7%
Put IV 25d109.7%83.3%119.5%118.5%83.3%
Bid-Ask Spread %10.615.1137.095.747.10
Gamma HHI0.220.180.260.190.24
Net GEX-224.9K-251.2K-180.1K-180.1K-224.4K
Net DEX24.5M19.9M27.3M19.9M23.0M
Net VEX-333.5K-371.6K-300.8K-371.6K-310.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.285.320.815.32
Total Volume16,262.2173,94660,00260,00217,451
Total OI780,241.043743,467808,071743,467769,752

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$2.00$2.00107.6%34.3%100.5%100.0%117.3%12.6%-8.6%-180.1K19.9M-371.6K0.815.74N/AN/A33,24326,759203,239540,228
2023-08-02$1.79$2.00102.0%30.6%107.1%92.8%112.3%10.3%-3.7%-223.7K23.8M-349.8K1.0417.63N/AN/A16,15116,831224,751557,926
2023-08-03$1.69$2.00109.9%30.2%105.6%100.0%102.8%9.9%-0.7%-227.8K24.8M-336.3K0.575.11N/AN/A10,1415,755223,834556,677
2023-08-04$1.67$2.00107.5%29.8%103.1%97.0%102.6%6.1%2.5%-251.2K25.1M-338.3K0.4636.48N/AN/A8,0543,685228,177557,751
2023-08-07$1.75$2.00110.5%30.1%103.3%100.0%96.0%13.4%-6.7%-250.7K24.8M-338.9K0.625.63N/AN/A8,4255,186212,235553,012
2023-08-08$1.69$2.00108.5%30.5%103.7%97.6%100.9%12.2%-2.8%-243.4K25.7M-335.9K0.758.28N/AN/A4,0893,061217,125555,269
2023-08-09$1.75$2.00109.2%30.6%104.7%98.4%95.9%17.3%1.2%-245.4K24.3M-345.1K2.1410.98N/AN/A3,7007,900219,278556,249
2023-08-10$1.85$2.0091.5%24.7%107.1%76.7%93.3%13.3%-8.3%-220.0K21.9M-358.2K1.158.37N/AN/A16,01618,367220,557558,794
2023-08-11$1.85$2.0089.1%25.1%101.5%73.7%97.8%19.0%-2.4%-204.8K22.6M-366.4K0.3610.34N/AN/A4,6681,660225,899569,254
2023-08-14$1.81$2.0089.0%25.9%94.8%73.6%96.7%10.3%-2.1%-219.4K24.5M-350.8K0.286.98N/AN/A5,4811,555216,840565,871
2023-08-15$1.69$2.00102.0%29.2%97.2%89.5%99.5%8.7%7.2%-243.4K25.0M-338.2K0.587.14N/AN/A3,5832,082219,832566,426
2023-08-16$1.73$2.00107.6%30.9%82.4%96.5%101.7%8.4%-0.4%-215.8K24.7M-347.4K0.666.86N/AN/A18,51512,279221,918567,118
2023-08-17$1.73$2.00107.2%30.4%82.2%95.9%103.6%4.1%5.3%-204.5K24.6M-345.9K0.977.32N/AN/A2,8892,807230,574573,436
2023-08-18$1.71$2.00111.7%32.0%82.3%100.0%105.2%8.9%2.4%-190.8K24.1M-337.6K1.086.76N/AN/A3,1093,347234,235573,836
2023-08-21$1.63$2.00105.8%29.7%82.9%92.9%96.8%14.1%-7.2%-214.9K25.0M-331.6K0.846.33N/AN/A10,8709,176216,705558,959
2023-08-22$1.54$2.0096.6%30.9%84.3%81.8%107.1%18.0%-2.7%-235.7K26.1M-318.2K0.5310.56N/AN/A6,4313,382221,883562,456
2023-08-23$1.54$2.00102.1%27.3%83.0%88.4%95.1%23.1%1.0%-246.9K27.3M-317.4K2.387.13N/AN/A13,03530,968223,828564,488
2023-08-24$1.50$2.0099.8%27.3%81.4%85.7%95.3%23.8%-1.1%-238.4K25.9M-304.8K0.667.62N/AN/A4,0002,658228,130548,515
2023-08-25$1.54$2.0096.2%25.9%81.6%81.3%89.3%15.7%-0.5%-208.9K24.5M-304.6K0.629.33N/AN/A5,7353,566230,432548,922
2023-08-28$1.60$2.0094.2%26.6%83.1%78.9%92.3%13.8%6.1%-219.3K25.3M-319.2K1.045.27N/AN/A3,9944,134225,105545,086
2023-08-29$1.56$2.0087.7%25.9%68.4%70.8%90.6%18.0%5.1%-227.2K25.3M-304.4K0.6910.08N/AN/A3,1602,187227,085547,447
2023-08-30$1.54$2.0089.3%24.4%57.7%71.8%85.4%8.7%-0.0%-236.3K25.3M-300.8K0.6837.09N/AN/A2,3481,598228,221548,189
2023-08-31$1.60$2.0088.6%25.5%56.7%70.9%88.2%-2.4%3.2%-224.4K23.0M-310.1K5.327.10N/AN/A2,76014,691228,463541,289