LUMN Options History — December 2023

In December 2023, LUMN traded between $1.38 and $1.83. ATM implied volatility averaged 88.7%, placing in the 64.2% IV rank vs the trailing year. The 30-day expected move averaged 25.8%. IV traded below realized volatility by 13.6% (HV 20d: 102.3%). Max pain ranged from $1.00 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 2.17.

Notable Days

  • 2023-12-07: Highest Volume — 59,039 contracts
  • 2023-12-14: Largest IV spike — 11.2% change
  • 2023-12-21: Highest IV Rank — 83.9%
  • 2023-12-22: Largest Expected Move — 29.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.64$1.38$1.83$1.48$1.81
Max Pain$2.42$1.00$2.50$1.00$2.50
ATM IV88.7%79.5%101.3%79.5%86.9%
Expected Move25.8%22.5%29.8%22.5%24.5%
HV 20d102.3%90.1%123.6%123.6%90.1%
HV 60d120.6%119.3%122.8%119.3%120.0%
IV Rank64.2%50.5%83.9%50.5%60.1%
IV Percentile62.0%42.9%91.3%42.9%53.6%
Term Structure0.0%-8.0%5.4%0.2%-2.4%
VWIV94.4%78.5%125.1%78.5%86.7%
Skew 25d6.1%-15.0%18.2%-15.0%10.6%
Skew 10d12.1%-29.8%43.8%-24.0%43.8%
Call IV 25d90.4%81.3%104.2%86.4%87.5%
Put IV 25d96.5%71.4%110.6%71.4%98.2%
Bid-Ask Spread %4.472.1711.526.992.32
Gamma HHI0.240.190.300.190.22
Net GEX-168.0K-224.9K-111.0K-137.5K-176.0K
Net DEX18.1M12.4M23.3M20.3M16.5M
Net VEX-268.4K-293.3K-241.8K-245.0K-279.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.170.0823.940.130.24
Total Volume19,398.64,54859,03938,7616,073
Total OI823,219.95700,063881,905700,063881,339

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$1.48$1.0079.5%22.5%123.6%50.5%78.5%-15.0%0.2%-137.5K20.3M-245.0K0.136.99N/AN/A34,3344,427231,637468,426
2023-12-04$1.56$2.5082.6%23.8%118.2%55.2%82.9%-5.5%2.2%-130.1K20.5M-251.4K0.374.74N/AN/A7,8192,925252,697470,277
2023-12-05$1.54$2.5082.0%23.6%103.3%54.4%82.1%16.4%1.6%-124.4K20.9M-248.1K0.502.96N/AN/A3,7261,866253,738471,614
2023-12-06$1.48$2.5086.7%24.0%104.6%61.6%83.8%-8.2%-3.6%-111.0K18.0M-241.8K3.926.12N/AN/A5,21620,427254,883472,663
2023-12-07$1.44$2.5084.5%24.9%105.0%58.1%124.2%11.1%-5.8%-145.7K23.3M-245.8K23.943.76N/AN/A2,36756,672256,537491,362
2023-12-08$1.48$2.5082.8%24.6%98.2%55.7%85.8%15.4%2.7%-183.6K22.0M-255.4K0.155.23N/AN/A8,6191,320257,173542,576
2023-12-11$1.38$2.5086.7%26.3%102.3%61.6%91.3%8.0%5.4%-192.5K23.3M-243.1K0.083.33N/AN/A19,7081,607260,471542,100
2023-12-12$1.46$2.5089.8%25.3%103.3%66.3%125.1%18.2%-2.0%-156.9K21.1M-249.5K4.143.88N/AN/A11,42247,326273,881541,840
2023-12-13$1.60$2.5089.8%27.0%100.7%66.1%92.8%14.8%3.5%-200.4K18.2M-269.5K0.274.75N/AN/A8,2042,193278,185558,882
2023-12-14$1.75$2.5099.9%28.9%102.8%81.7%98.1%4.1%-0.0%-142.2K12.4M-272.9K0.1511.52N/AN/A29,7844,563280,469559,138
2023-12-15$1.77$2.5089.0%25.8%101.2%64.7%93.9%7.9%0.3%-176.7K14.7M-293.3K6.193.95N/AN/A6,93442,915282,598559,731
2023-12-18$1.81$2.5086.8%24.8%100.7%61.3%91.0%4.4%2.1%-183.9K16.2M-293.1K0.5410.72N/AN/A5,9933,212273,097598,610
2023-12-19$1.79$2.5086.0%24.6%100.8%60.1%89.9%6.4%5.2%-174.2K16.7M-288.2K0.553.12N/AN/A4,9992,727275,824599,861
2023-12-20$1.67$2.5095.2%27.3%102.4%74.4%91.8%8.5%-1.0%-224.9K18.5M-279.5K0.422.52N/AN/A5,2132,206277,354601,258
2023-12-21$1.71$2.50101.3%29.1%102.0%83.9%100.5%-3.5%0.4%-185.2K16.6M-281.4K0.272.17N/AN/A4,4951,231278,737601,983
2023-12-22$1.73$2.50101.0%29.8%102.0%83.4%92.4%7.2%-8.0%-185.6K17.5M-280.4K0.422.35N/AN/A3,1991,349279,414602,491
2023-12-26$1.81$2.5089.8%26.0%98.3%64.9%104.7%6.5%-0.2%-166.5K13.6M-280.3K0.602.77N/AN/A4,6482,784273,493601,828
2023-12-27$1.79$2.5087.8%28.3%95.6%61.6%98.7%8.6%2.3%-184.1K16.4M-285.4K0.253.42N/AN/A4,2881,057275,808602,946
2023-12-28$1.83$2.5085.9%25.5%91.3%58.5%94.6%5.6%-2.3%-178.6K16.1M-284.1K0.282.82N/AN/A7,9192,205276,268603,210
2023-12-29$1.81$2.5086.9%24.5%90.1%60.1%86.7%10.6%-2.4%-176.0K16.5M-279.6K0.242.32N/AN/A4,8851,188278,471602,868