LUMN Options History — January 2024

In January 2024, LUMN traded between $1.25 and $1.88. ATM implied volatility averaged 96.3%, placing in the 74.7% IV rank vs the trailing year. The 30-day expected move averaged 28.5%. IV traded above realized volatility by 29.6% (HV 20d: 66.7%). Max pain ranged from $1.50 to $2.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 4.32.

Notable Days

  • 2024-01-08: Highest Volume — 112,203 contracts
  • 2024-01-08: Largest IV spike — 9.8% change
  • 2024-01-17: Highest IV Rank — 84.9%
  • 2024-01-30: Largest Expected Move — 30.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.52$1.25$1.88$1.88$1.25
Max Pain$1.64$1.50$2.50$2.50$1.50
ATM IV96.3%84.9%102.6%88.1%102.0%
Expected Move28.5%26.0%30.4%26.0%27.1%
HV 20d66.7%57.0%74.5%71.1%61.2%
HV 60d118.4%92.1%122.8%120.1%92.4%
IV Rank74.7%56.0%84.9%62.1%84.1%
IV Percentile78.4%47.2%93.7%56.3%91.7%
Term Structure0.3%-5.9%10.9%3.6%6.1%
VWIV99.2%91.8%106.3%91.8%102.1%
Skew 25d9.2%1.3%17.0%5.0%9.4%
Skew 10d33.5%-11.2%121.6%55.2%43.2%
Call IV 25d97.3%85.3%107.2%90.6%90.7%
Put IV 25d106.5%92.7%118.1%95.6%100.1%
Bid-Ask Spread %12.042.9128.414.0613.21
Gamma HHI0.310.210.520.210.26
Net GEX-199.1K-409.1K-93.0K-164.2K-96.4K
Net DEX18.8M12.1M28.1M16.2M13.1M
Net VEX-251.9K-283.4K-181.3K-283.4K-220.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.320.1225.762.680.26
Total Volume22,641.5242,300112,20331,6127,357
Total OI795,099.19573,182959,558872,878577,760

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$1.88$2.5088.1%26.0%71.1%62.1%91.8%5.0%3.6%-164.2K16.2M-283.4K2.684.06N/AN/A8,58723,025271,501601,377
2024-01-03$1.79$2.5088.0%26.1%72.5%61.1%97.4%5.7%-1.2%-209.5K18.4M-272.7K1.982.91N/AN/A2,5475,055273,807620,913
2024-01-04$1.77$2.0084.9%27.0%72.5%56.0%97.6%11.5%6.4%-220.5K20.1M-272.0K1.407.09N/AN/A2,6713,731274,293624,900
2024-01-05$1.71$2.0093.1%28.8%72.1%69.3%93.3%1.3%10.9%-233.5K19.7M-265.4K0.298.60N/AN/A3,5741,054274,538627,298
2024-01-08$1.73$1.50102.2%29.5%70.9%84.4%99.9%14.7%-0.3%-228.0K21.7M-272.0K14.3711.09N/AN/A7,300104,903273,507627,301
2024-01-09$1.63$1.5097.9%28.7%74.5%77.2%99.8%17.0%2.0%-268.2K22.4M-262.6K25.768.61N/AN/A3,17981,893275,175635,882
2024-01-10$1.69$1.50101.2%29.6%69.8%82.6%98.3%13.9%0.3%-251.4K22.3M-273.6K0.558.53N/AN/A1,487813277,128656,886
2024-01-11$1.58$1.5094.9%28.4%72.7%72.4%96.3%12.4%5.8%-273.5K22.9M-264.1K17.4928.41N/AN/A2,56844,915277,971656,890
2024-01-12$1.60$1.5098.8%28.3%65.1%78.7%98.5%16.7%-0.6%-292.9K23.1M-255.0K0.686.42N/AN/A2,2591,526278,400679,346
2024-01-16$1.54$1.5099.8%28.9%57.0%80.4%96.1%12.7%-1.2%-331.3K25.2M-271.4K12.6611.13N/AN/A3,30441,837276,432677,349
2024-01-17$1.42$1.50102.6%29.4%62.4%84.9%102.9%7.8%-5.9%-357.5K27.0M-253.8K1.987.18N/AN/A3,1126,166276,796678,076
2024-01-18$1.44$1.50100.5%28.9%61.9%81.5%95.6%13.8%-1.5%-409.1K28.1M-261.5K1.139.59N/AN/A2,0392,313277,114682,380
2024-01-19$1.33$1.5098.0%28.7%66.4%77.5%100.1%7.0%-5.5%-93.0K25.7M-181.3K0.9016.40N/AN/A5,8625,266277,473682,085
2024-01-22$1.38$1.5094.7%27.7%65.6%72.0%96.7%15.2%-0.8%-120.0K13.5M-247.1K0.128.98N/AN/A10,8011,255136,151437,031
2024-01-23$1.38$1.5094.9%27.2%64.5%72.3%95.3%6.5%0.2%-109.1K13.0M-241.3K0.267.70N/AN/A4,2101,090143,022437,826
2024-01-24$1.33$1.5098.7%29.4%64.6%78.6%104.5%6.5%-1.8%-101.8K12.3M-227.8K0.327.85N/AN/A2,655838146,007438,325
2024-01-25$1.37$1.5094.6%29.2%62.9%71.8%102.0%6.2%-0.8%-108.5K12.5M-234.7K1.2619.67N/AN/A14,26518,003147,522438,567
2024-01-26$1.40$1.5093.5%29.8%64.2%69.9%104.3%3.6%-4.1%-107.8K12.4M-252.6K0.2522.91N/AN/A6,7131,649155,238440,277
2024-01-29$1.33$1.5096.0%29.6%64.2%74.2%105.0%2.5%-2.0%-105.4K12.1M-240.0K1.2422.66N/AN/A7,9649,860154,043426,807
2024-01-30$1.29$1.5098.8%30.4%64.4%78.7%106.3%4.7%-3.4%-100.5K12.3M-235.8K5.2319.79N/AN/A2,86014,966157,220426,469
2024-01-31$1.25$1.50102.0%27.1%61.2%84.1%102.1%9.4%6.1%-96.4K13.1M-220.8K0.2613.21N/AN/A5,8541,503158,678419,082