LUMN Options History — September 2024

In September 2024, LUMN traded between $4.75 and $7.29. ATM implied volatility averaged 86.4%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 24.9%. IV traded below realized volatility by 32.6% (HV 20d: 119.0%). Max pain ranged from $2.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.69.

Notable Days

  • 2024-09-24: Highest Volume — 124,992 contracts
  • 2024-09-24: Largest IV spike — 15.7% change
  • 2024-09-04: Highest IV Rank — 28.8%
  • 2024-09-04: Largest Expected Move — 30.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.25$4.75$7.29$4.75$7.13
Max Pain$3.00$2.00$5.00$5.00$4.00
ATM IV86.4%70.8%99.1%94.7%87.4%
Expected Move24.9%22.3%30.1%29.1%23.8%
HV 20d119.0%81.8%301.4%301.4%82.8%
HV 60d194.5%193.5%195.6%194.5%193.8%
IV Rank21.1%11.5%28.8%26.1%21.7%
IV Percentile46.2%12.3%82.5%72.2%50.4%
Term Structure2.5%-4.5%16.1%0.3%13.0%
VWIV88.6%79.9%109.5%103.5%83.1%
Skew 25d5.1%0.7%9.3%9.3%3.5%
Skew 10d9.8%-23.0%53.1%16.8%53.1%
Call IV 25d85.6%74.1%97.2%91.5%88.0%
Put IV 25d90.7%81.4%104.6%100.8%91.5%
Bid-Ask Spread %6.603.9212.149.735.29
Gamma HHI0.200.140.380.140.17
Net GEX1.5M482.9K2.6M482.9K1.2M
Net DEX-162.6M-209.3M-75.1M-75.1M-185.2M
Net VEX-672.4K-719.9K-638.7K-638.7K-663.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.153.020.390.47
Total Volume56,723.2518,756124,99287,51332,448
Total OI958,522.6850,0491,039,331988,609855,417

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$4.75$5.0094.7%29.1%301.4%26.1%103.5%9.3%0.3%482.9K-75.1M-638.7K0.399.73N/AN/A62,96824,545474,138514,471
2024-09-04$5.33$4.0099.1%30.1%195.0%28.8%109.5%7.4%3.3%971.2K-111.8M-669.2K0.3312.14N/AN/A72,45824,258489,178518,535
2024-09-05$5.50$2.0094.0%26.4%154.3%25.7%93.8%7.3%0.4%1.5M-128.8M-664.4K2.535.37N/AN/A32,98283,533518,976520,355
2024-09-06$5.87$2.0092.1%26.3%129.0%24.5%95.7%5.1%-4.5%1.4M-160.3M-686.6K0.3811.55N/AN/A38,05214,270528,836483,551
2024-09-09$5.67$2.5092.3%25.9%128.4%24.6%89.1%9.2%-2.9%1.4M-134.1M-673.5K0.587.30N/AN/A18,26710,573498,581470,720
2024-09-10$5.37$2.5090.0%25.5%110.5%23.2%90.3%6.0%-0.9%1.2M-113.1M-652.8K0.694.77N/AN/A14,1549,746502,155475,780
2024-09-11$5.41$2.5089.5%25.7%109.4%23.0%90.6%7.3%0.8%1.2M-118.2M-657.5K0.444.39N/AN/A12,9825,774503,301477,876
2024-09-12$5.97$2.5087.2%25.0%102.5%21.5%90.5%3.4%0.0%1.9M-161.6M-663.3K0.156.04N/AN/A80,36812,232508,602476,343
2024-09-13$6.12$2.5086.1%24.7%102.8%20.9%88.1%4.9%-0.1%1.9M-174.3M-678.6K0.164.37N/AN/A46,3607,404524,997481,221
2024-09-16$6.21$2.5088.5%25.4%101.9%22.3%89.3%2.5%1.2%2.0M-175.4M-672.5K0.165.28N/AN/A52,1408,513503,533475,533
2024-09-17$6.25$2.5087.6%25.1%101.5%21.8%87.9%3.5%0.6%2.1M-175.6M-682.6K0.474.75N/AN/A23,29811,023510,240478,396
2024-09-18$6.41$2.5083.3%23.9%100.7%19.2%81.9%2.1%0.4%2.3M-186.2M-669.8K0.5710.60N/AN/A15,9139,057513,949483,476
2024-09-19$6.64$2.5078.9%22.6%101.3%16.5%79.9%3.4%1.4%2.2M-209.3M-655.4K0.183.92N/AN/A41,8037,372515,913488,611
2024-09-20$6.56$2.5080.2%22.3%101.3%17.3%82.1%2.8%-1.6%2.6M-201.3M-641.3K0.434.95N/AN/A23,60410,156501,919492,360
2024-09-23$7.22$2.5070.8%23.1%106.2%11.5%81.0%9.3%16.1%1.2M-184.7M-681.2K0.324.59N/AN/A52,89617,088403,169446,880
2024-09-24$7.24$3.5081.9%23.2%106.0%18.3%83.6%5.7%12.7%1.5M-197.6M-699.9K1.9310.53N/AN/A42,62882,364432,710457,327
2024-09-25$7.04$4.0081.7%23.7%81.9%18.2%83.9%5.4%5.8%1.4M-182.3M-719.9K3.026.42N/AN/A19,36558,560445,719448,497
2024-09-26$6.96$4.0081.2%23.8%82.2%17.9%84.4%0.7%-2.8%1.3M-178.5M-680.6K0.355.41N/AN/A15,9715,658450,698420,654
2024-09-27$7.29$4.0082.8%23.2%81.8%18.9%83.4%2.5%5.8%1.2M-198.9M-697.6K0.304.70N/AN/A25,9917,691454,279423,556
2024-09-30$7.13$4.0087.4%23.8%82.8%21.7%83.1%3.5%13.0%1.2M-185.2M-663.1K0.475.29N/AN/A22,03910,409440,417415,000