LUMN Options History — February 2024

In February 2024, LUMN traded between $1.27 and $1.77. ATM implied volatility averaged 91.2%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 25.4%. IV traded above realized volatility by 15.0% (HV 20d: 76.2%). Max pain ranged from $1.50 to $1.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.80.

Notable Days

  • 2024-02-06: Highest Volume — 51,482 contracts
  • 2024-02-07: Largest IV drop — 38.0% change
  • 2024-02-05: Highest IV Rank — 100.0%
  • 2024-02-06: Largest Expected Move — 38.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.51$1.27$1.77$1.27$1.60
Max Pain$1.50$1.50$1.50$1.50$1.50
ATM IV91.2%75.2%155.2%100.4%75.2%
Expected Move25.4%22.4%38.8%27.5%23.4%
HV 20d76.2%61.5%91.2%61.5%78.8%
HV 60d82.8%73.8%89.0%89.0%73.8%
IV Rank42.5%17.9%100.0%81.3%17.9%
IV Percentile46.6%9.9%100.0%88.1%9.9%
Term Structure-2.1%-21.7%8.5%-2.3%-1.7%
VWIV89.6%77.7%142.8%96.2%80.8%
Skew 25d-0.5%-17.4%22.9%-1.1%-4.3%
Skew 10d-2.4%-63.9%78.9%-1.1%-8.5%
Call IV 25d91.3%58.5%148.5%107.5%84.8%
Put IV 25d90.7%65.3%141.0%106.4%80.4%
Bid-Ask Spread %42.9122.0256.7342.2754.48
Gamma HHI0.260.230.420.260.24
Net GEX-109.6K-239.4K-71.9K-93.8K-122.0K
Net DEX9.4M5.5M12.1M12.1M9.5M
Net VEX-260.1K-291.7K-201.4K-236.9K-278.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.032.370.060.36
Total Volume15,514.953,09151,4825,9486,471
Total OI614,510.35583,280644,194583,280637,447

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$1.27$1.50100.4%27.5%61.5%81.3%96.2%-1.1%-2.3%-93.8K12.1M-236.9K0.0642.27N/AN/A5,601347162,203421,077
2024-02-02$1.29$1.50105.6%28.3%62.6%90.0%98.2%-6.3%-3.2%-71.9K8.4M-201.4K0.1748.57N/AN/A9,6131,672165,951421,164
2024-02-05$1.31$1.50116.5%30.4%63.1%100.0%108.4%14.0%-7.1%-85.5K11.5M-230.0K1.7954.26N/AN/A9,91517,744167,839420,239
2024-02-06$1.37$1.50155.2%38.8%65.9%100.0%142.8%-7.5%-21.7%-95.7K10.9M-241.9K2.0329.67N/AN/A16,99934,483173,411435,525
2024-02-07$1.46$1.5096.2%26.0%68.5%43.4%90.8%15.0%-2.1%-239.4K11.3M-245.6K2.3743.19N/AN/A12,61929,884180,100464,094
2024-02-08$1.50$1.5087.8%25.3%67.8%35.3%88.0%18.0%1.8%-153.2K10.1M-265.4K1.5237.63N/AN/A5,4798,302177,518442,185
2024-02-09$1.52$1.5087.6%24.6%64.1%35.1%86.6%-10.9%-2.8%-161.9K7.8M-262.9K1.2139.87N/AN/A8,44910,216177,228440,299
2024-02-12$1.77$1.5083.2%24.1%84.3%30.9%86.8%7.2%-1.5%-84.1K5.5M-291.7K0.2336.13N/AN/A14,7843,427167,825426,625
2024-02-13$1.60$1.5086.4%24.8%91.2%33.9%88.0%-9.3%0.3%-88.0K7.8M-277.2K0.3729.58N/AN/A5,2661,938171,294425,885
2024-02-14$1.58$1.5086.0%24.6%86.0%33.5%85.6%-4.8%-12.2%-95.4K8.0M-275.7K0.7950.68N/AN/A6,6885,312172,526426,974
2024-02-15$1.60$1.5084.7%24.3%86.0%32.3%96.9%-3.5%3.2%-104.5K8.4M-272.7K0.1542.46N/AN/A3,454531173,610430,419
2024-02-16$1.54$1.5080.5%22.4%81.8%28.3%77.7%22.9%8.5%-104.3K9.4M-261.6K0.0352.15N/AN/A43,0331,079174,957430,293
2024-02-20$1.56$1.5084.7%23.5%81.1%31.3%82.2%-8.8%0.4%-88.4K8.8M-271.0K0.4439.53N/AN/A6,2962,748202,203424,311
2024-02-21$1.54$1.5084.3%23.7%81.3%30.8%81.8%-1.5%3.9%-97.9K9.2M-270.7K0.6556.73N/AN/A1,8691,222204,639425,089
2024-02-22$1.56$1.5083.9%23.9%79.8%27.7%80.7%-9.9%-3.8%-107.9K9.9M-274.3K0.6653.64N/AN/A3,0682,034204,781425,532
2024-02-23$1.52$1.5081.5%22.9%80.2%25.2%80.7%-4.8%1.1%-96.8K10.0M-261.6K1.0742.62N/AN/A2,7582,957204,096426,042
2024-02-26$1.48$1.5079.7%22.8%80.7%23.4%79.6%-17.4%-0.6%-104.0K10.4M-253.3K0.9948.54N/AN/A3,6323,595200,639423,686
2024-02-27$1.54$1.5081.3%23.2%79.1%25.0%81.1%2.9%0.5%-100.4K9.2M-255.7K1.0634.27N/AN/A4,4514,714202,018426,368
2024-02-28$1.63$1.5082.3%22.7%79.6%25.2%78.4%-0.9%-1.7%-96.5K8.8M-274.2K0.1022.02N/AN/A6,930719204,221429,894
2024-02-29$1.60$1.5075.2%23.4%78.8%17.9%80.8%-4.3%-1.7%-122.0K9.5M-278.2K0.3654.48N/AN/A4,7441,727207,225430,222