LUMN Options History — April 2025

In April 2025, LUMN traded between $3.05 and $4.01. ATM implied volatility averaged 90.6%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 28.4%. IV traded above realized volatility by 0.8% (HV 20d: 89.9%). Max pain ranged from $4.00 to $4.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2025-04-04: Highest Volume — 36,404 contracts
  • 2025-04-07: Largest IV spike — 49.0% change
  • 2025-04-08: Highest IV Rank — 46.3%
  • 2025-04-11: Largest Expected Move — 34.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.44$3.05$4.01$3.87$3.52
Max Pain$4.17$4.00$4.50$4.50$4.00
ATM IV90.6%72.9%127.8%85.6%83.0%
Expected Move28.4%22.3%34.2%22.3%31.8%
HV 20d89.9%69.3%98.7%70.3%96.4%
HV 60d75.6%65.3%80.6%65.3%76.3%
IV Rank23.7%12.9%46.3%20.6%19.0%
IV Percentile59.3%21.0%94.8%56.3%49.2%
Term Structure-9.8%-55.5%19.1%-19.1%6.1%
VWIV99.9%79.5%115.3%79.5%115.3%
Skew 25d-2.8%-35.3%33.0%-32.1%-30.3%
Skew 10d5.7%-46.6%109.4%-1.4%108.0%
Call IV 25d85.8%56.8%107.4%84.2%85.2%
Put IV 25d83.0%51.8%113.8%52.1%55.0%
Bid-Ask Spread %41.8218.0350.8245.5150.82
Gamma HHI0.110.090.150.130.14
Net GEX106.6K-26.3K266.7K215.8K219.6K
Net DEX-5.7M-13.8M2.1M-13.3M-11.0M
Net VEX-312.2K-359.9K-280.4K-349.4K-310.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.030.580.240.03
Total Volume8,960.4293,52836,4044,3686,673
Total OI513,627.714464,817546,301537,429483,514

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$3.87$4.5085.6%22.3%70.3%20.6%79.5%-32.1%-19.1%215.8K-13.3M-349.4K0.2445.51N/AN/A3,511857286,791250,638
2025-04-02$4.01$4.5088.1%23.1%69.3%22.1%81.0%5.0%-38.1%266.7K-13.8M-359.9K0.2618.03N/AN/A4,0811,075287,667250,894
2025-04-03$3.49$4.5074.9%25.0%82.5%14.0%88.0%-3.5%-13.4%66.8K-3.0M-318.3K0.5642.11N/AN/A10,3495,846289,422251,255
2025-04-04$3.29$4.5073.4%28.4%76.9%13.1%103.7%-35.3%-37.5%52.4K-688.1K-310.3K0.3348.63N/AN/A27,3499,055295,031251,270
2025-04-07$3.38$4.50109.3%31.0%75.9%35.1%102.2%-4.2%-5.9%63.2K-2.9M-320.4K0.3747.09N/AN/A5,5842,046291,548250,964
2025-04-08$3.20$4.50127.8%29.3%76.8%46.3%104.3%6.5%-55.5%-26.3K2.1M-289.3K0.4342.85N/AN/A4,4361,910273,267251,373
2025-04-09$3.73$4.5076.1%27.2%98.4%14.8%95.8%-1.7%2.8%77.7K-6.6M-324.4K0.0945.17N/AN/A19,4961,734273,957251,091
2025-04-10$3.50$4.0095.3%26.5%98.7%26.5%99.5%15.8%-2.8%62.1K-5.2M-326.3K0.5847.84N/AN/A4,0652,354286,436249,159
2025-04-11$3.50$4.00108.5%34.2%96.3%34.5%105.1%6.9%-28.4%106.3K-5.2M-321.1K0.3646.64N/AN/A5,6612,054288,180249,444
2025-04-14$3.49$4.00104.2%30.4%94.2%31.9%98.4%3.2%-17.6%30.7K-3.4M-306.9K0.3345.87N/AN/A5,0201,674286,001249,557
2025-04-15$3.40$4.0096.0%27.0%94.0%26.9%100.5%3.7%19.1%27.7K-3.2M-309.3K0.1150.43N/AN/A3,166362288,580249,147
2025-04-16$3.25$4.00102.1%29.3%93.3%30.7%106.9%7.6%5.2%74.8K-1.8M-303.6K0.1350.07N/AN/A3,456445289,544249,313
2025-04-17$3.27$4.00101.1%28.3%93.8%30.0%101.9%-0.3%11.3%75.5K-1.8M-299.2K0.3141.06N/AN/A3,033950290,439248,389
2025-04-21$3.05$4.0087.2%30.3%95.0%21.6%110.4%1.9%4.4%51.9K-3.1M-280.4K0.3037.88N/AN/A6,0571,808234,195230,622
2025-04-22$3.21$4.0079.6%29.0%98.6%16.9%100.1%-31.4%-3.0%71.2K-3.9M-292.7K0.2425.37N/AN/A4,5351,071237,501231,386
2025-04-23$3.26$4.0095.8%28.1%94.9%26.8%100.8%12.8%-4.6%87.6K-4.5M-296.0K0.1138.60N/AN/A5,907653239,914231,605
2025-04-24$3.34$4.0094.4%28.7%94.3%25.9%102.1%-2.0%1.0%111.7K-7.1M-303.8K0.0639.21N/AN/A14,167782243,952231,645
2025-04-25$3.34$4.0072.9%27.8%94.4%12.9%97.6%19.8%-0.0%159.4K-6.8M-299.7K0.1434.43N/AN/A3,171443254,730231,831
2025-04-28$3.56$4.0074.2%29.5%96.6%13.7%102.8%-33.5%14.1%216.6K-12.7M-319.5K0.2042.10N/AN/A5,5041,121247,980228,663
2025-04-29$3.54$4.0073.8%28.6%96.5%13.4%101.6%33.0%-43.8%227.8K-12.5M-314.3K0.1538.57N/AN/A5,831877250,211229,076
2025-04-30$3.52$4.0083.0%31.8%96.4%19.0%115.3%-30.3%6.1%219.6K-11.0M-310.8K0.0350.82N/AN/A6,448225253,826229,688