LUMN Options History — March 2024

In March 2024, LUMN traded between $1.52 and $1.81. ATM implied volatility averaged 77.8%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 22.4%. IV traded above realized volatility by 13.0% (HV 20d: 64.7%). 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 11 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-03-08: Highest Volume — 43,357 contracts
  • 2024-03-05: Largest IV spike — 28.0% change
  • 2024-03-05: Highest IV Rank — 28.3%
  • 2024-03-05: Largest Expected Move — 24.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.66$1.52$1.81$1.60$1.56
Max Pain$1.50$1.50$1.50$1.50$1.50
ATM IV77.8%66.7%88.8%78.1%70.3%
Expected Move22.4%19.4%24.0%21.2%19.4%
HV 20d64.7%48.3%80.4%78.9%56.6%
HV 60d70.1%67.2%73.8%73.0%68.6%
IV Rank14.9%4.0%28.3%20.9%4.0%
IV Percentile16.5%0.8%50.4%17.5%0.8%
Term Structure1.2%-25.2%36.1%-0.6%5.4%
VWIV77.5%66.2%90.5%73.8%67.1%
Skew 25d26.4%-6.0%125.5%-1.4%64.5%
Skew 10d109.8%-16.3%300.0%29.5%159.7%
Call IV 25d77.2%66.6%83.4%83.4%77.4%
Put IV 25d103.6%73.8%204.2%82.0%141.9%
Bid-Ask Spread %23.5316.4544.7344.7330.84
Gamma HHI0.260.210.340.270.23
Net GEX-87.9K-151.8K-21.4K-92.0K-107.5K
Net DEX8.3M4.5M10.8M8.4M10.7M
Net VEX-274.6K-298.6K-254.8K-269.2K-254.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.012.580.140.25
Total Volume7,231.32,25143,3575,2562,448
Total OI656,486.45628,416673,616638,869665,218

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$1.60$1.5078.1%21.2%78.9%20.9%73.8%-1.4%-0.6%-92.0K8.4M-269.2K0.1444.73N/AN/A4,595661209,245429,624
2024-03-04$1.69$1.5066.7%23.8%80.4%9.2%78.7%7.1%36.1%-80.2K7.5M-278.0K0.9821.40N/AN/A6,2696,151205,591422,825
2024-03-05$1.71$1.5085.3%24.0%80.4%28.3%82.8%7.7%-2.6%-73.0K6.6M-283.0K0.0922.10N/AN/A7,627662207,904426,024
2024-03-06$1.69$1.5080.8%23.8%80.0%23.6%82.7%18.7%6.5%-67.7K7.3M-278.6K0.3525.59N/AN/A3,3061,163210,424426,232
2024-03-07$1.73$1.5082.0%23.0%77.7%22.3%79.9%11.4%-2.8%-60.3K6.1M-281.4K0.1516.75N/AN/A3,925578210,725426,799
2024-03-08$1.81$1.5075.3%22.5%78.5%15.1%90.5%5.8%1.8%-21.4K4.5M-298.6K0.0118.35N/AN/A42,776581211,885427,110
2024-03-11$1.75$1.5085.4%23.0%80.0%24.1%81.2%15.9%-3.2%-40.8K5.4M-292.9K0.1816.56N/AN/A4,811870246,447421,203
2024-03-12$1.71$1.5083.5%24.0%59.3%20.3%83.1%16.4%1.6%-48.4K8.8M-285.0K0.2622.52N/AN/A4,9951,317247,371421,582
2024-03-13$1.65$1.5077.6%21.8%48.3%12.3%78.6%52.9%-0.0%-96.7K8.6M-274.4K0.5916.45N/AN/A1,8051,068249,748422,378
2024-03-14$1.58$1.5079.0%22.8%50.7%14.0%78.7%125.5%0.2%-112.5K9.7M-268.0K0.3725.80N/AN/A3,5721,326250,035422,895
2024-03-15$1.52$1.5074.8%22.3%52.2%9.1%78.8%-6.0%1.6%-151.8K10.3M-255.6K2.5831.67N/AN/A3,2638,409250,361423,255
2024-03-18$1.63$1.5076.8%22.2%56.4%11.5%75.4%-3.0%-1.0%-100.7K9.4M-277.0K1.3223.57N/AN/A2,7273,601241,629416,079
2024-03-19$1.71$1.5077.1%22.6%58.5%11.8%78.5%-2.8%5.7%-83.0K8.1M-285.0K0.0921.61N/AN/A4,345392242,609417,741
2024-03-20$1.75$1.5075.0%21.5%58.5%9.5%73.3%-0.9%-13.7%-77.7K7.3M-279.8K0.1820.36N/AN/A3,402609243,556417,878
2024-03-21$1.71$1.5077.9%22.4%59.3%12.7%77.0%-0.3%-2.2%-75.5K7.2M-273.4K0.3919.05N/AN/A3,0971,220245,062418,014
2024-03-22$1.63$1.5076.1%22.0%61.3%10.6%75.8%5.9%1.4%-95.2K8.9M-264.8K0.5519.39N/AN/A2,7401,506245,930417,336
2024-03-25$1.62$1.5088.8%22.3%60.4%25.0%78.1%92.2%-25.2%-106.4K9.8M-265.9K0.7428.06N/AN/A2,3281,721244,860416,374
2024-03-26$1.56$1.5073.9%22.2%60.7%8.1%66.2%112.8%5.6%-138.1K10.8M-265.8K0.6720.21N/AN/A1,344907246,084417,481
2024-03-27$1.56$1.5070.9%22.0%56.9%4.8%69.7%6.0%10.1%-129.2K10.3M-260.6K0.3525.64N/AN/A1,861648246,591417,624
2024-03-28$1.56$1.5070.3%19.4%56.6%4.0%67.1%64.5%5.4%-107.5K10.7M-254.8K0.2530.84N/AN/A1,959489247,235417,983