LUMN Options History — May 2024

In May 2024, LUMN traded between $1.19 and $1.35. ATM implied volatility averaged 84.0%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded above realized volatility by 25.6% (HV 20d: 58.4%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-05-24: Highest Volume — 18,744 contracts
  • 2024-05-31: Largest IV spike — 104.7% change
  • 2024-05-29: Highest IV Rank — 100.0%
  • 2024-05-01: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.29$1.19$1.35$1.19$1.27
Max Pain$1.93$1.50$2.00$1.50$2.00
ATM IV84.0%51.9%191.7%87.0%191.7%
Expected Move19.5%14.9%27.2%27.2%18.4%
HV 20d58.4%42.7%64.8%59.1%42.7%
HV 60d60.3%56.1%69.1%68.4%56.1%
IV Rank23.8%0.0%100.0%22.9%100.0%
IV Percentile27.3%0.0%100.0%45.2%100.0%
Term Structure0.9%-34.0%53.3%53.3%-3.1%
VWIV67.6%40.6%122.9%79.8%53.8%
Skew 25d2.0%-31.5%36.7%17.4%-31.5%
Skew 10d2.1%-53.7%53.1%25.3%-35.7%
Call IV 25d72.0%60.6%92.0%92.0%74.2%
Put IV 25d74.1%42.7%109.5%109.5%42.7%
Bid-Ask Spread %25.0011.8871.6771.6721.30
Gamma HHI0.300.270.340.340.30
Net GEX-122.5K-141.5K-92.1K-115.9K-98.7K
Net DEX13.8M9.9M15.0M13.4M12.0M
Net VEX-197.9K-214.2K-131.4K-198.0K-163.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.014.180.110.22
Total Volume5,359.6362,61718,7449,3252,785
Total OI595,866.591585,347612,727603,928612,727

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$1.19$1.5087.0%27.2%59.1%22.9%79.8%17.4%53.3%-115.9K13.4M-198.0K0.1171.67N/AN/A8,393932186,633417,295
2024-05-02$1.27$1.5088.5%20.3%62.4%24.7%56.1%17.2%4.8%-127.6K14.5M-204.2K0.1220.23N/AN/A4,633553190,470416,769
2024-05-03$1.33$1.5068.1%20.5%64.8%1.7%87.2%36.7%-1.3%-117.9K12.5M-197.7K0.9846.54N/AN/A2,2542,198191,853413,310
2024-05-06$1.31$2.0062.1%21.0%64.7%0.0%73.2%12.4%-9.9%-128.5K14.5M-210.5K0.3337.08N/AN/A4,4511,490183,043402,304
2024-05-07$1.31$2.0059.8%18.8%61.8%0.0%65.6%-15.6%-34.0%-119.7K13.5M-209.7K0.2614.92N/AN/A3,818976185,402402,532
2024-05-08$1.29$2.0066.0%18.5%60.3%6.6%66.0%-17.2%1.1%-131.9K14.5M-202.1K0.6117.12N/AN/A2,7611,685186,495403,196
2024-05-09$1.35$2.0068.6%19.1%60.6%9.3%67.8%3.0%2.7%-129.3K14.3M-213.8K0.1625.52N/AN/A3,613581187,199403,480
2024-05-10$1.31$2.0065.5%19.7%59.7%6.1%68.9%-12.5%-1.1%-124.2K13.8M-209.5K0.1525.60N/AN/A2,335361188,899403,482
2024-05-13$1.27$2.0071.7%22.2%60.2%12.5%78.1%-0.1%6.5%-129.8K14.8M-206.6K0.4422.79N/AN/A2,6651,185187,600399,772
2024-05-14$1.33$2.0068.9%20.4%62.4%9.6%71.2%-7.1%3.1%-141.5K15.0M-214.2K0.0711.88N/AN/A7,792535188,223400,423
2024-05-15$1.29$2.0068.5%19.9%63.4%9.1%69.6%0.7%-2.6%-130.4K14.5M-204.4K0.1514.60N/AN/A5,473840190,954400,218
2024-05-16$1.31$2.00122.1%18.3%63.6%65.3%63.7%5.6%0.3%-113.0K13.4M-197.5K0.5513.91N/AN/A2,8841,576193,826400,642
2024-05-17$1.31$2.0075.0%18.9%63.4%16.0%65.4%8.1%5.1%-122.3K13.5M-205.1K0.7621.56N/AN/A1,4881,129194,311401,454
2024-05-20$1.31$2.0062.0%17.6%61.2%2.4%62.4%16.7%10.5%-118.5K13.5M-192.7K0.0817.47N/AN/A2,831226187,265398,354
2024-05-21$1.25$2.0070.0%19.6%62.4%10.7%57.2%-3.9%5.5%-119.3K14.0M-196.4K0.1820.17N/AN/A3,955698188,513400,082
2024-05-22$1.29$2.0051.9%14.9%59.4%0.0%46.3%4.1%-6.8%-134.4K14.4M-197.4K0.1126.11N/AN/A4,030463190,131400,198
2024-05-23$1.27$2.0073.7%19.1%52.1%21.2%70.0%-9.1%-8.3%-129.3K14.2M-191.9K0.2428.79N/AN/A3,672880192,235400,098
2024-05-24$1.27$2.0061.5%17.5%51.8%9.3%75.4%-15.1%-0.7%-124.0K13.9M-204.3K4.1826.91N/AN/A3,62115,123193,833400,168
2024-05-28$1.27$2.00112.0%17.3%51.8%58.2%45.7%15.6%5.2%-125.8K14.3M-199.4K0.2526.45N/AN/A3,793947192,481414,329
2024-05-29$1.29$2.00158.9%18.8%48.3%100.0%40.6%11.8%-2.9%-92.1K9.9M-131.4K1.2119.15N/AN/A1,8722,273193,235415,093
2024-05-30$1.29$2.0093.7%20.6%48.1%39.0%122.9%7.3%-7.7%-121.9K14.4M-204.5K0.0120.23N/AN/A4,08953194,349416,189
2024-05-31$1.27$2.00191.7%18.4%42.7%100.0%53.8%-31.5%-3.1%-98.7K12.0M-163.4K0.2221.30N/AN/A2,288497196,896415,831