LUMN Options History — November 2023

In November 2023, LUMN traded between $0.99 and $1.40. ATM implied volatility averaged 85.3%, placing in the 60.0% IV rank vs the trailing year. The 30-day expected move averaged 24.1%. IV traded below realized volatility by 82.7% (HV 20d: 168.0%). Max pain ranged from $1.00 to $1.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2023-11-20: Highest Volume — 45,403 contracts
  • 2023-11-30: Largest IV spike — 30.1% change
  • 2023-11-03: Highest IV Rank — 86.6%
  • 2023-11-01: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.25$0.99$1.40$0.99$1.25
Max Pain$1.05$1.00$1.50$1.50$1.00
ATM IV85.3%73.4%102.8%99.2%96.7%
Expected Move24.1%19.1%29.2%29.2%19.1%
HV 20d168.0%110.5%177.7%150.8%110.5%
HV 60d109.3%98.7%114.2%99.1%114.2%
IV Rank60.0%42.1%86.6%81.1%76.9%
IV Percentile57.2%31.0%94.4%88.5%84.5%
Term Structure-1.0%-10.4%10.2%4.7%-6.9%
VWIV82.9%65.9%102.1%102.1%68.0%
Skew 25d16.7%-7.3%51.8%51.8%18.9%
Skew 10d36.3%-3.6%148.4%86.5%67.0%
Call IV 25d84.7%72.6%110.4%110.4%75.3%
Put IV 25d101.4%82.1%162.2%162.2%94.2%
Bid-Ask Spread %9.744.7833.0325.886.80
Gamma HHI0.220.190.290.270.21
Net GEX-117.1K-141.2K-60.2K-107.4K-134.5K
Net DEX23.0M20.8M24.5M23.1M22.2M
Net VEX-209.8K-231.5K-162.8K-172.5K-209.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.086.730.562.19
Total Volume10,827.3332,20945,40325,3396,476
Total OI707,197.048673,042721,476713,296697,745

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$0.99$1.5099.2%29.2%150.8%81.1%102.1%51.8%4.7%-107.4K23.1M-172.5K0.5625.88N/AN/A16,2739,066240,884472,412
2023-11-02$0.99$1.5098.3%27.5%150.5%79.7%95.7%6.3%-1.9%-103.0K24.4M-162.8K0.8710.18N/AN/A16,18014,055248,137464,428
2023-11-03$1.12$1.00102.8%26.7%158.2%86.6%92.1%49.8%-5.1%-114.5K24.4M-187.9K0.1633.03N/AN/A10,6851,747255,034465,992
2023-11-06$1.33$1.0084.5%24.0%170.6%58.9%87.5%37.1%-0.5%-77.9K23.3M-223.8K0.257.45N/AN/A13,0563,220245,863463,533
2023-11-07$1.33$1.0083.5%24.0%168.8%57.4%83.0%28.3%0.1%-86.7K22.8M-229.8K0.176.78N/AN/A17,0802,898249,893465,396
2023-11-08$1.31$1.0085.0%24.3%167.9%59.6%84.2%22.6%-0.2%-60.2K20.8M-213.0K0.138.21N/AN/A7,116894255,843465,633
2023-11-09$1.19$1.0087.4%26.0%171.2%63.2%90.4%0.5%6.7%-100.1K22.9M-204.4K0.326.57N/AN/A3,5751,140258,168454,598
2023-11-10$1.19$1.0098.8%26.2%171.2%80.5%90.2%10.5%-10.4%-103.7K23.3M-201.8K0.506.65N/AN/A3,4361,735259,389454,539
2023-11-13$1.17$1.00100.2%28.1%170.8%82.6%93.0%7.3%-6.5%-120.8K22.7M-198.2K0.116.99N/AN/A3,075353254,899451,915
2023-11-14$1.31$1.0078.8%22.6%175.0%50.2%78.4%9.0%0.0%-126.2K22.5M-219.8K0.439.29N/AN/A7,1753,073256,137448,898
2023-11-15$1.40$1.0076.7%22.0%176.4%47.1%76.8%14.2%0.7%-133.8K21.9M-228.8K0.474.78N/AN/A4,0591,893257,666450,734
2023-11-16$1.35$1.0077.6%22.3%176.9%48.5%77.8%10.3%-0.4%-129.5K23.3M-225.2K0.106.55N/AN/A3,199325258,686452,055
2023-11-17$1.33$1.0076.3%22.0%176.9%46.5%79.7%4.3%-1.4%-127.5K21.9M-223.6K0.086.47N/AN/A5,682479260,380452,181
2023-11-20$1.38$1.0073.4%21.4%176.5%42.1%74.4%11.1%4.7%-129.3K23.6M-231.5K6.7311.66N/AN/A5,87139,532223,754449,288
2023-11-21$1.31$1.0076.8%23.2%176.9%47.2%78.3%14.7%-0.5%-130.2K23.6M-221.6K0.868.86N/AN/A2,9312,527226,459476,756
2023-11-22$1.29$1.0079.7%21.0%176.9%51.5%70.0%17.7%-5.7%-141.2K23.7M-216.8K0.5912.51N/AN/A1,8851,121228,491477,575
2023-11-24$1.31$1.0074.7%22.4%176.7%44.0%65.9%17.0%-4.5%-136.7K24.5M-218.5K0.315.56N/AN/A1,685524228,838477,814
2023-11-27$1.23$1.0083.1%28.2%177.7%56.7%89.1%3.8%-5.2%-134.5K23.9M-207.3K0.446.58N/AN/A3,0671,364226,075476,545
2023-11-28$1.17$1.0083.9%25.6%172.1%57.2%78.6%-7.3%10.2%-131.3K23.0M-201.0K0.957.50N/AN/A1,8421,753227,245476,666
2023-11-29$1.29$1.0074.3%20.5%176.0%42.5%85.4%23.1%0.2%-130.3K20.8M-207.7K0.366.25N/AN/A3,9081,419228,120466,474
2023-11-30$1.25$1.0096.7%19.1%110.5%76.9%68.0%18.9%-6.9%-134.5K22.2M-209.9K2.196.80N/AN/A2,0314,445231,075466,670