LUMN Options History — August 2024

In August 2024, LUMN traded between $2.58 and $6.88. ATM implied volatility averaged 125.0%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 36.5%. IV traded below realized volatility by 154.0% (HV 20d: 279.0%). Max pain ranged from $2.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.56.

Notable Days

  • 2024-08-06: Highest Volume — 376,242 contracts
  • 2024-08-09: Largest IV drop — 26.6% change
  • 2024-08-06: Highest IV Rank — 100.0%
  • 2024-08-02: Largest Expected Move — 72.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.29$2.58$6.88$3.26$5.21
Max Pain$3.95$2.00$5.00$2.00$5.00
ATM IV125.0%90.3%215.8%163.3%90.3%
Expected Move36.5%26.2%72.7%69.7%26.2%
HV 20d279.0%109.1%313.6%109.1%306.8%
HV 60d174.0%87.6%193.4%87.6%193.2%
IV Rank46.4%23.4%100.0%79.7%23.4%
IV Percentile85.4%61.9%100.0%99.2%61.9%
Term Structure-4.5%-26.2%11.4%-7.5%-5.1%
VWIV129.1%91.1%258.5%244.4%91.1%
Skew 25d3.3%-13.1%18.0%-13.1%5.4%
Skew 10d12.3%-0.7%22.8%-0.7%14.7%
Call IV 25d124.5%88.7%216.1%205.9%88.8%
Put IV 25d127.8%91.9%211.1%192.8%94.2%
Bid-Ask Spread %11.824.3720.7814.0516.63
Gamma HHI0.220.130.600.130.17
Net GEX1.0M49.5K4.4M190.8K770.9K
Net DEX-127.5M-255.0M-17.5M-48.7M-96.1M
Net VEX-595.5K-699.8K-380.0K-380.0K-660.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.121.270.440.55
Total Volume124,745.54530,931376,242342,05030,931
Total OI1,002,458.409728,1071,146,671728,1071,056,916

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$3.26$2.00163.3%69.7%109.1%79.7%244.4%-13.1%-7.5%190.8K-48.7M-380.0K0.4414.05N/AN/A237,357104,693302,543425,564
2024-08-02$3.06$2.50188.9%72.7%115.7%98.0%258.5%-7.7%-22.4%91.7K-37.9M-382.8K0.609.43N/AN/A35,97121,452401,171493,930
2024-08-05$2.58$3.00187.8%47.7%140.5%97.2%166.7%11.8%-26.2%49.5K-17.5M-389.2K0.6218.11N/AN/A24,60215,222369,446468,412
2024-08-06$4.97$3.00215.8%55.4%257.6%100.0%195.6%-5.1%-10.9%301.2K-120.7M-430.9K0.5616.68N/AN/A240,594135,648376,803471,356
2024-08-07$6.88$3.00188.5%48.6%269.2%83.4%169.1%-0.3%-7.7%891.8K-255.0M-627.3K0.908.26N/AN/A162,029145,800484,104551,466
2024-08-08$5.38$4.00173.0%40.9%295.1%73.9%145.3%13.6%-7.3%528.4K-135.4M-587.9K1.2711.77N/AN/A118,350150,387479,262614,628
2024-08-09$5.67$4.00127.0%35.3%294.9%45.8%126.0%4.8%-5.0%506.1K-155.2M-599.6K0.435.93N/AN/A81,34235,045495,873650,798
2024-08-12$4.71$4.00125.5%35.1%309.5%44.9%125.5%5.2%-1.2%264.7K-84.7M-587.5K0.7317.70N/AN/A52,90638,404433,450566,374
2024-08-13$4.94$4.00112.7%31.1%309.5%37.1%112.7%4.0%-4.9%373.0K-99.3M-592.4K1.176.81N/AN/A37,41843,794444,646578,938
2024-08-14$5.71$4.00109.9%31.1%310.2%35.4%109.3%1.9%-0.9%985.8K-150.9M-572.1K0.1712.37N/AN/A167,82629,252457,288571,878
2024-08-15$5.75$4.0099.4%28.8%309.4%29.0%99.1%-7.6%-1.2%1.5M-158.2M-658.6K0.3317.98N/AN/A52,93317,202516,431583,471
2024-08-16$6.00$4.0094.3%27.2%309.4%25.9%97.0%2.9%1.2%4.4M-176.5M-609.2K0.3112.17N/AN/A66,14720,777520,740588,113
2024-08-19$5.87$4.0097.0%27.9%310.8%27.5%102.2%4.7%-6.5%1.3M-146.3M-657.4K0.245.16N/AN/A76,41818,590465,604492,807
2024-08-20$6.14$4.0095.3%27.5%310.8%26.5%96.9%4.4%-7.2%1.7M-167.9M-670.9K0.3311.21N/AN/A73,64924,145486,001504,091
2024-08-21$6.14$4.5094.9%27.2%311.4%26.3%94.3%4.0%-3.2%1.8M-166.5M-662.1K0.2915.71N/AN/A39,95611,473504,494516,430
2024-08-22$6.05$4.5094.4%27.1%312.8%26.0%99.7%3.2%-1.7%1.8M-162.4M-683.8K0.446.17N/AN/A49,62621,929514,178523,611
2024-08-23$6.22$4.50101.4%28.9%313.1%30.3%101.5%4.7%7.8%1.3M-177.1M-635.9K0.126.57N/AN/A110,07812,661518,506537,571
2024-08-26$6.16$4.5092.3%26.8%313.6%24.7%93.1%6.3%-2.3%1.5M-157.6M-699.8K0.564.37N/AN/A33,79118,796480,991506,003
2024-08-27$5.16$4.50103.8%31.5%312.2%31.7%109.5%18.0%11.4%720.6K-95.3M-658.7K1.0720.78N/AN/A57,51761,569489,180515,545
2024-08-28$5.33$5.0099.4%29.0%308.1%29.0%105.9%7.4%1.9%835.2K-102.7M-676.6K0.6110.25N/AN/A20,69212,695504,747539,567
2024-08-29$5.21$5.0094.5%27.7%308.4%26.0%97.1%3.7%0.2%667.9K-92.5M-678.0K0.6911.89N/AN/A20,58214,153507,311543,847
2024-08-30$5.21$5.0090.3%26.2%306.8%23.4%91.1%5.4%-5.1%770.9K-96.1M-660.2K0.5516.63N/AN/A19,93111,000511,428545,488