LUMN Options History — December 2024

In December 2024, LUMN traded between $5.34 and $7.08. ATM implied volatility averaged 75.1%, placing in the 14.2% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 8.8% (HV 20d: 66.3%). Max pain ranged from $3.50 to $7.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2024-12-20: Highest Volume — 34,107 contracts
  • 2024-12-19: Largest IV spike — 48.7% change
  • 2024-12-19: Highest IV Rank — 36.7%
  • 2024-12-20: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.18$5.34$7.08$7.08$5.34
Max Pain$4.12$3.50$7.00$7.00$3.50
ATM IV75.1%52.1%112.0%78.7%75.0%
Expected Move21.8%20.2%24.9%23.1%20.3%
HV 20d66.3%56.2%98.0%98.0%59.0%
HV 60d77.5%76.0%78.6%78.4%76.0%
IV Rank14.2%0.1%36.7%16.3%14.1%
IV Percentile23.9%0.4%92.1%24.6%23.4%
Term Structure7.3%-14.9%86.5%12.0%10.0%
VWIV81.1%72.8%93.2%84.0%72.8%
Skew 25d-6.2%-21.1%9.4%9.4%-0.9%
Skew 10d3.0%-56.1%39.6%-18.1%7.7%
Call IV 25d81.7%72.2%98.7%74.8%78.9%
Put IV 25d75.5%56.6%90.1%84.2%78.0%
Bid-Ask Spread %24.955.6856.3447.2029.68
Gamma HHI0.150.120.180.140.13
Net GEX509.2K106.3K1.2M940.3K319.2K
Net DEX-97.1M-136.5M-61.3M-136.5M-61.3M
Net VEX-577.2K-702.4K-469.8K-702.4K-469.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.151.770.190.24
Total Volume17,349.3334,39834,10719,7868,537
Total OI806,405.381779,117824,461795,719780,262

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$7.08$7.0078.7%23.1%98.0%16.3%84.0%9.4%12.0%940.3K-136.5M-702.4K0.1947.20N/AN/A16,5613,225410,707385,012
2024-12-03$6.76$7.0074.1%22.1%96.5%13.6%77.8%0.1%30.3%794.6K-120.8M-664.3K0.2145.13N/AN/A15,0833,175414,650386,622
2024-12-04$6.61$7.0052.1%20.2%96.5%0.1%75.4%-10.2%-0.9%749.4K-113.6M-642.4K0.4756.34N/AN/A22,11810,461417,688387,962
2024-12-05$6.54$3.5076.5%21.6%66.8%15.0%82.3%1.6%0.2%710.1K-113.1M-642.4K1.7714.79N/AN/A10,16217,979428,353396,108
2024-12-06$6.96$3.5069.9%20.5%71.1%11.0%73.0%-3.1%4.9%1.2M-135.9M-630.8K0.2713.59N/AN/A15,3234,179431,341388,723
2024-12-09$6.49$3.5072.9%21.5%70.8%12.9%84.3%-4.7%1.0%704.9K-111.9M-605.6K0.3816.32N/AN/A10,2183,882424,399387,757
2024-12-10$6.29$3.5058.5%21.8%63.1%4.1%83.8%-2.8%34.7%572.3K-101.8M-598.6K0.4716.70N/AN/A12,8286,049425,985389,388
2024-12-11$6.53$3.5074.3%22.0%56.2%13.7%86.9%-18.3%1.1%659.6K-113.5M-596.6K1.3515.96N/AN/A8,08010,869423,987388,722
2024-12-12$6.42$4.0072.1%21.3%56.2%12.3%80.9%-21.1%3.4%517.9K-106.4M-587.5K0.3726.08N/AN/A4,4251,629426,319397,880
2024-12-13$6.53$4.0061.2%21.3%56.9%5.7%80.9%-17.2%4.2%519.7K-108.3M-608.6K0.2412.37N/AN/A3,538860427,145397,185
2024-12-16$6.21$4.0074.0%21.4%58.1%13.5%81.0%-11.7%0.2%346.8K-97.1M-552.3K0.345.68N/AN/A11,5783,971419,321394,518
2024-12-17$6.00$4.0074.5%21.4%56.8%13.8%74.4%-14.4%-7.1%207.2K-86.0M-565.5K1.6514.70N/AN/A7,90513,045421,492395,529
2024-12-18$5.69$3.5075.3%21.6%56.6%14.3%85.3%-6.8%-9.6%106.3K-70.7M-535.1K0.3715.57N/AN/A9,7273,646420,528391,265
2024-12-19$6.13$3.50112.0%24.6%64.7%36.7%93.2%-8.6%86.5%423.6K-96.6M-563.6K0.4924.74N/AN/A17,5248,599423,131390,249
2024-12-20$5.92$3.5085.6%24.9%61.4%20.6%89.9%-5.7%-3.3%369.5K-83.2M-565.9K0.6524.00N/AN/A20,62913,478431,278391,395
2024-12-23$5.88$3.5082.3%23.2%60.8%18.5%85.4%-12.9%-2.7%363.2K-88.6M-558.7K1.5424.18N/AN/A8,24712,701407,661379,415
2024-12-24$5.81$3.5077.0%21.5%60.7%15.4%80.6%-4.1%3.0%326.9K-83.3M-541.2K0.1529.51N/AN/A5,505806409,657379,568
2024-12-26$5.72$3.5082.1%21.0%60.7%18.5%77.4%6.5%-14.9%310.1K-77.3M-509.9K0.2430.39N/AN/A4,4901,085412,023379,521
2024-12-27$5.49$3.5076.1%21.2%60.6%14.8%77.2%-2.9%-7.0%225.8K-66.5M-497.0K1.1634.47N/AN/A10,84112,561413,345379,305
2024-12-30$5.41$4.0072.9%21.0%60.1%12.8%76.8%-2.2%7.1%352.1K-66.0M-483.9K0.4026.60N/AN/A6,2922,525403,543375,574
2024-12-31$5.34$3.5075.0%20.3%59.0%14.1%72.8%-0.9%10.0%319.2K-61.3M-469.8K0.2429.68N/AN/A6,8591,678404,924375,338