LUMN Options History — November 2024

In November 2024, LUMN traded between $6.97 and $10.23. ATM implied volatility averaged 82.2%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 24.1%. IV traded below realized volatility by 10.2% (HV 20d: 92.4%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.35.

Notable Days

  • 2024-11-06: Highest Volume — 109,786 contracts
  • 2024-11-06: Largest IV drop — 32.5% change
  • 2024-11-05: Highest IV Rank — 34.9%
  • 2024-11-01: Largest Expected Move — 35.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.23$6.97$10.23$6.97$7.41
Max Pain$6.85$6.00$7.00$6.00$7.00
ATM IV82.2%68.5%109.1%97.9%76.8%
Expected Move24.1%21.1%35.9%35.9%22.4%
HV 20d92.4%63.9%102.5%66.5%100.4%
HV 60d86.4%78.7%91.9%91.6%78.7%
IV Rank18.5%10.2%34.9%28.1%15.2%
IV Percentile34.3%8.7%91.3%75.0%21.8%
Term Structure-2.9%-24.3%11.6%11.6%-2.1%
VWIV86.5%76.6%127.5%127.5%80.2%
Skew 25d1.2%-4.6%16.5%16.5%-3.2%
Skew 10d14.1%-10.3%97.8%-2.3%18.9%
Call IV 25d84.5%67.0%109.2%96.7%80.1%
Put IV 25d85.7%76.3%113.1%113.1%76.9%
Bid-Ask Spread %33.565.1751.6912.5851.69
Gamma HHI0.180.130.490.490.14
Net GEX1.5M842.0K2.6M2.1M1.1M
Net DEX-200.7M-308.6M-138.7M-138.7M-152.6M
Net VEX-741.0K-828.3K-650.3K-650.3K-711.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.101.100.150.20
Total Volume33,229.159,908109,78626,4209,908
Total OI799,239.35734,625840,403751,900807,569

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$6.97$6.0097.9%35.9%66.5%28.1%127.5%16.5%11.6%2.1M-138.7M-650.3K0.1512.58N/AN/A23,0013,419375,621376,279
2024-11-04$7.42$6.00106.1%28.6%64.0%33.1%101.8%1.4%-1.7%842.0K-160.7M-662.4K0.4414.18N/AN/A31,78114,020361,745372,880
2024-11-05$7.50$6.00109.1%29.3%63.9%34.9%103.8%0.7%-6.9%891.2K-166.0M-668.0K0.3712.72N/AN/A34,79412,864374,346382,152
2024-11-06$8.98$7.0073.7%21.1%88.4%13.3%77.1%1.5%0.8%1.7M-242.7M-661.3K0.295.17N/AN/A85,25724,529387,648386,231
2024-11-07$9.20$7.0068.5%21.1%87.0%10.2%77.7%2.6%-24.3%1.7M-251.3M-662.6K0.2346.73N/AN/A37,7438,624396,120396,211
2024-11-08$9.57$7.0073.6%21.1%86.9%13.3%76.6%2.9%-5.9%2.6M-275.9M-730.5K0.1022.78N/AN/A81,3557,787406,724397,889
2024-11-11$10.23$7.0082.0%23.9%86.6%18.4%84.3%-4.6%1.0%1.6M-308.6M-750.1K0.1427.32N/AN/A72,4009,933402,399388,088
2024-11-12$9.09$7.0083.2%23.9%100.5%19.1%83.7%0.2%0.3%1.8M-253.0M-799.2K0.6626.47N/AN/A20,17713,249430,567391,096
2024-11-13$8.93$7.0082.8%23.7%101.1%18.9%84.3%-0.9%0.0%1.8M-242.0M-802.2K1.1028.90N/AN/A7,8008,606433,463393,121
2024-11-14$8.61$7.0077.3%23.1%102.5%15.5%88.7%3.6%6.3%1.7M-219.3M-828.3K0.2435.11N/AN/A14,7153,569435,655397,207
2024-11-15$8.61$7.0078.8%23.2%98.4%16.4%83.2%-0.8%5.7%1.4M-220.1M-822.7K0.3538.04N/AN/A10,5653,650442,093398,310
2024-11-18$8.16$7.0078.7%22.7%100.4%16.4%81.1%-0.1%-5.2%1.3M-192.7M-775.3K0.3041.25N/AN/A10,0222,991416,380380,488
2024-11-19$7.72$7.0080.2%23.0%98.6%17.3%83.7%1.9%-4.2%1.2M-168.9M-756.6K0.4743.98N/AN/A18,6278,667420,582381,931
2024-11-20$7.51$7.0083.8%24.0%99.4%19.5%86.1%1.1%-7.8%1.2M-160.9M-759.5K0.1940.75N/AN/A11,4492,202429,203382,162
2024-11-21$7.88$7.0082.8%23.7%100.2%18.8%85.1%-2.6%-0.7%1.3M-179.9M-770.3K0.1435.32N/AN/A11,8891,714425,750382,679
2024-11-22$7.96$7.0078.1%22.5%100.2%16.0%80.7%-2.5%-3.5%1.5M-184.1M-780.6K0.5942.21N/AN/A8,6925,170430,254382,968
2024-11-25$7.79$7.0079.1%22.8%100.7%16.6%81.2%9.3%-14.8%1.3M-174.2M-763.7K0.2046.10N/AN/A8,2511,684423,138381,728
2024-11-26$7.70$7.0078.0%22.7%100.7%15.9%84.9%-0.9%-7.4%1.3M-170.0M-732.6K0.1348.41N/AN/A16,8252,162425,676382,628
2024-11-27$7.37$7.0074.7%22.4%102.2%13.9%79.2%-2.1%1.2%1.1M-151.7M-732.8K0.6451.56N/AN/A8,8265,666422,343383,463
2024-11-29$7.41$7.0076.8%22.4%100.4%15.2%80.2%-3.2%-2.1%1.1M-152.6M-711.1K0.2051.69N/AN/A8,2531,655420,867386,702