LUMN Options History — February 2025

In February 2025, LUMN traded between $4.38 and $5.00. ATM implied volatility averaged 77.6%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 23.3%. IV traded above realized volatility by 12.2% (HV 20d: 65.5%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2025-02-04: Highest Volume — 45,998 contracts
  • 2025-02-13: Largest IV spike — 34.4% change
  • 2025-02-04: Highest IV Rank — 35.8%
  • 2025-02-04: Largest Expected Move — 41.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.75$4.38$5.00$4.88$4.66
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV77.6%52.5%110.5%109.1%75.8%
Expected Move23.3%19.8%41.5%36.7%21.8%
HV 20d65.5%51.7%73.2%66.6%58.5%
HV 60d62.5%58.1%75.6%75.5%62.7%
IV Rank15.7%0.4%35.8%34.9%14.6%
IV Percentile31.8%0.8%91.3%90.5%30.2%
Term Structure1.7%-16.8%32.3%-0.7%0.9%
VWIV84.2%69.3%145.1%127.5%78.4%
Skew 25d0.8%-25.1%10.1%2.6%4.4%
Skew 10d8.5%-25.0%54.3%-2.6%15.3%
Call IV 25d74.9%39.7%117.7%108.6%75.3%
Put IV 25d75.7%40.4%119.4%111.2%79.6%
Bid-Ask Spread %18.885.2138.1122.2424.24
Gamma HHI0.110.090.160.100.12
Net GEX112.5K-72.4K364.9K211.5K114.1K
Net DEX-20.5M-30.1M-12.9M-26.3M-17.9M
Net VEX-425.9K-456.6K-391.2K-441.6K-411.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.132.790.960.19
Total Volume17,675.1056,59445,99813,48810,231
Total OI561,451.632531,017590,109531,017570,009

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$4.88$5.00109.1%36.7%66.6%34.9%127.5%2.6%-0.7%211.5K-26.3M-441.6K0.9622.24N/AN/A6,8876,601265,751265,266
2025-02-04$5.00$5.00110.5%41.5%67.4%35.8%145.1%1.7%10.4%243.4K-30.1M-456.6K0.3928.55N/AN/A32,98413,014268,549267,463
2025-02-05$4.91$5.0080.8%23.6%66.6%17.7%85.0%4.3%15.1%238.6K-24.9M-439.6K0.2932.66N/AN/A32,7159,484292,673276,536
2025-02-06$4.91$5.0075.5%22.1%65.3%14.4%82.6%-0.2%0.6%265.0K-26.2M-447.3K1.3814.23N/AN/A13,85019,046297,365277,193
2025-02-07$4.96$5.0073.2%20.9%65.6%13.0%81.6%-0.7%4.3%364.9K-24.5M-454.0K0.2911.93N/AN/A12,0413,501299,951290,158
2025-02-10$4.99$5.0077.9%20.2%65.3%15.9%79.8%0.7%-2.1%136.0K-24.3M-441.4K0.1315.22N/AN/A10,0151,272278,960279,994
2025-02-11$4.80$5.0069.6%20.3%66.4%10.8%72.9%-4.3%1.1%53.1K-18.9M-428.2K0.225.21N/AN/A6,4561,448278,906280,372
2025-02-12$4.61$5.0052.5%20.0%67.6%0.4%71.6%1.7%32.3%-72.4K-13.1M-413.2K0.299.48N/AN/A7,5242,182281,338281,277
2025-02-13$4.72$5.0070.6%20.5%65.1%11.4%72.6%10.1%1.3%-32.9K-16.4M-424.2K0.965.99N/AN/A5,0494,865282,698281,845
2025-02-14$4.58$5.0068.6%20.0%65.4%10.2%72.5%-25.1%2.4%-37.0K-13.7M-415.0K0.186.21N/AN/A8,6991,531283,480282,277
2025-02-18$4.96$5.0069.5%19.8%72.3%10.8%73.3%3.3%7.2%-22.4K-27.1M-401.7K0.2520.73N/AN/A17,9644,403278,612278,290
2025-02-19$4.88$5.0070.6%20.2%72.3%11.4%72.7%-3.0%1.4%-8.8K-23.5M-447.9K2.7913.05N/AN/A4,01811,228287,832279,412
2025-02-20$4.69$5.0070.2%20.1%70.6%11.2%69.3%-2.5%0.4%60.1K-16.8M-413.5K0.2812.66N/AN/A5,1501,444288,485277,604
2025-02-21$4.72$5.0080.2%23.2%70.9%17.3%86.7%7.6%-4.1%205.1K-17.8M-422.3K1.5726.36N/AN/A8,39113,143291,325280,436
2025-02-24$4.38$5.0079.4%22.2%73.2%16.8%80.7%3.2%-2.1%45.9K-12.9M-391.2K0.3238.11N/AN/A12,6693,991269,449273,985
2025-02-25$4.46$5.0076.4%22.9%51.7%15.0%83.1%3.7%-16.8%106.4K-16.5M-410.4K0.6523.57N/AN/A10,7566,974278,423275,571
2025-02-26$4.70$5.0090.7%23.0%55.5%23.7%81.6%5.9%-13.9%178.3K-21.8M-428.5K0.2823.73N/AN/A14,4964,001280,645280,054
2025-02-27$4.50$5.0073.5%22.8%57.2%13.2%82.2%2.7%-5.3%88.1K-16.1M-404.0K0.3024.65N/AN/A6,0101,794284,895280,502
2025-02-28$4.66$5.0075.8%21.8%58.5%14.6%78.4%4.4%0.9%114.1K-17.9M-411.8K0.1924.24N/AN/A8,5921,639288,218281,791