LUMN Options History — January 2025

In January 2025, LUMN traded between $4.89 and $5.89. ATM implied volatility averaged 89.2%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded above realized volatility by 31.4% (HV 20d: 57.9%). Max pain ranged from $3.50 to $6.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2025-01-30: Highest Volume — 28,218 contracts
  • 2025-01-29: Largest IV spike — 34.7% change
  • 2025-01-31: Highest IV Rank — 34.9%
  • 2025-01-30: Largest Expected Move — 35.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.44$4.89$5.89$5.64$4.94
Max Pain$5.63$3.50$6.00$3.50$5.00
ATM IV89.2%75.0%109.1%75.6%109.1%
Expected Move26.6%20.8%35.3%21.0%35.1%
HV 20d57.9%43.1%70.9%62.5%70.1%
HV 60d75.8%72.6%79.6%75.6%76.8%
IV Rank22.8%14.1%34.9%14.5%34.9%
IV Percentile58.0%23.0%90.5%25.4%90.5%
Term Structure-1.5%-55.2%35.1%14.0%-3.8%
VWIV95.0%67.1%123.4%74.5%123.4%
Skew 25d-0.0%-21.9%68.2%-0.1%-20.3%
Skew 10d30.1%-24.3%237.1%7.3%-17.1%
Call IV 25d92.1%40.8%112.8%75.5%100.6%
Put IV 25d92.0%72.7%110.9%75.4%80.3%
Bid-Ask Spread %27.956.6547.6420.5823.58
Gamma HHI0.120.100.170.150.10
Net GEX333.3K127.6K615.9K471.7K217.4K
Net DEX-54.4M-83.0M-24.3M-76.2M-24.3M
Net VEX-460.5K-499.8K-426.5K-483.4K-438.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.092.620.090.38
Total Volume14,156.14,71028,21811,01811,693
Total OI655,834467,606790,707781,334538,618

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$5.64$3.5075.6%21.0%62.5%14.5%74.5%-0.1%14.0%471.7K-76.2M-483.4K0.0920.58N/AN/A10,079939405,526375,808
2025-01-03$5.67$3.5078.0%20.8%62.5%15.9%67.1%-0.7%11.6%451.9K-78.5M-499.8K0.2526.32N/AN/A17,2174,259405,468376,092
2025-01-06$5.80$6.0084.6%24.4%63.4%20.0%87.1%-0.7%4.2%615.9K-83.0M-496.3K0.2018.32N/AN/A12,7932,588405,694378,366
2025-01-07$5.55$6.0075.0%24.5%59.3%14.1%89.7%68.2%35.1%461.1K-72.7M-488.1K0.2316.83N/AN/A5,2671,238410,625378,739
2025-01-08$5.50$6.0083.7%22.5%55.1%19.4%87.5%-2.3%1.5%384.0K-68.3M-474.3K0.1818.39N/AN/A4,760850411,460379,033
2025-01-10$5.37$6.0087.2%23.8%54.8%21.6%84.0%5.8%9.5%200.9K-62.3M-459.1K0.3528.93N/AN/A11,2633,944412,027378,680
2025-01-13$5.30$6.0091.5%24.7%52.1%24.2%88.2%-0.2%-5.9%127.6K-59.3M-452.5K0.1919.07N/AN/A7,7891,484401,837377,598
2025-01-14$5.26$6.0091.2%26.2%52.1%24.0%86.9%-1.2%-6.3%133.3K-53.7M-447.3K0.1918.12N/AN/A4,929938397,857378,118
2025-01-15$5.54$6.0088.3%24.2%55.8%22.2%86.9%6.1%4.5%199.8K-65.2M-458.4K0.196.65N/AN/A12,7072,446398,617377,653
2025-01-16$5.54$6.0090.8%24.9%53.6%23.7%94.7%6.5%-4.3%144.5K-65.2M-463.5K0.1232.13N/AN/A5,635682402,276378,825
2025-01-17$5.63$6.0089.1%24.4%53.0%22.7%88.6%2.5%-6.1%316.1K-73.6M-463.9K0.3532.47N/AN/A7,6172,681402,694373,093
2025-01-21$5.54$6.0084.5%24.3%49.9%19.9%86.3%-16.6%-37.6%329.4K-38.7M-441.5K0.3137.80N/AN/A12,8184,024231,358236,248
2025-01-22$5.79$6.0093.5%26.8%44.7%25.4%95.3%-3.4%-6.3%432.6K-46.3M-469.4K0.1543.88N/AN/A20,0922,924239,638237,500
2025-01-23$5.75$6.0092.4%26.7%43.1%24.7%98.7%-7.3%-5.2%507.7K-47.8M-481.7K0.1147.64N/AN/A6,623760249,381238,182
2025-01-24$5.89$6.0094.5%28.4%44.0%26.0%100.6%-6.2%21.3%498.5K-53.6M-464.2K0.1137.58N/AN/A17,6731,990252,471238,355
2025-01-27$5.04$6.0086.9%31.3%70.7%21.3%113.7%-3.9%-55.2%313.5K-30.2M-429.2K0.3911.48N/AN/A17,5286,876258,076237,886
2025-01-28$5.08$6.0077.2%31.4%70.9%15.5%111.7%-3.3%11.2%330.5K-31.5M-426.5K2.6235.33N/AN/A6,93218,156263,951242,002
2025-01-29$5.00$5.50104.0%31.6%69.8%31.8%113.4%-21.9%-4.7%294.3K-29.7M-439.3K0.7144.18N/AN/A2,7471,963266,812255,983
2025-01-30$4.89$5.00107.8%35.3%70.0%34.1%122.3%-1.9%-7.9%234.4K-27.0M-433.1K2.2139.67N/AN/A8,79919,419267,153256,980
2025-01-31$4.94$5.00109.1%35.1%70.1%34.9%123.4%-20.3%-3.8%217.4K-24.3M-438.7K0.3823.58N/AN/A8,4443,249271,653266,965