LUMN Options History — October 2025

In October 2025, LUMN traded between $6.13 and $11.00. ATM implied volatility averaged 97.9%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 27.2%. IV traded above realized volatility by 28.1% (HV 20d: 69.8%). Max pain ranged from $4.50 to $9.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.27.

Notable Days

  • 2025-10-29: Highest Volume — 120,041 contracts
  • 2025-10-03: Largest IV spike — 52.1% change
  • 2025-10-03: Highest IV Rank — 84.0%
  • 2025-10-29: Largest Expected Move — 40.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.66$6.13$11.00$6.13$10.27
Max Pain$6.04$4.50$9.00$4.50$9.00
ATM IV97.9%83.2%139.1%85.9%83.2%
Expected Move27.2%19.8%40.3%21.0%24.8%
HV 20d69.8%52.8%87.1%76.5%87.1%
HV 60d78.1%73.3%81.7%75.5%77.7%
IV Rank47.6%34.6%84.0%37.0%34.6%
IV Percentile85.6%71.0%99.2%76.6%71.0%
Term Structure-1.3%-20.7%10.1%2.5%-4.1%
VWIV95.5%69.1%139.9%71.0%89.6%
Skew 25d-4.5%-22.5%21.3%-0.9%-3.3%
Skew 10d-8.4%-113.0%63.7%-8.6%1.8%
Call IV 25d100.8%85.6%150.3%86.5%87.9%
Put IV 25d96.3%79.3%135.5%85.6%84.6%
Bid-Ask Spread %30.454.8353.8012.7348.69
Gamma HHI0.190.130.250.190.14
Net GEX1.4M1.0M2.0M1.2M1.7M
Net DEX-149.0M-286.7M-93.1M-93.1M-238.4M
Net VEX-548.4K-678.5K-495.2K-495.2K-678.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.031.200.280.37
Total Volume42,390.78310,469120,04116,44489,491
Total OI615,208.217570,431739,399594,397739,399

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$6.13$4.5085.9%21.0%76.5%37.0%71.0%-0.9%2.5%1.2M-93.1M-495.2K0.2812.73N/AN/A12,8173,627326,660267,737
2025-10-02$6.29$4.5091.4%22.6%75.3%41.9%71.6%-9.0%-1.6%1.3M-100.5M-498.1K0.7215.53N/AN/A11,6988,441325,609269,413
2025-10-03$6.50$4.50139.1%19.8%72.8%84.0%69.1%-9.5%0.4%2.0M-108.4M-509.3K0.1114.12N/AN/A19,2202,025326,898275,311
2025-10-06$7.17$5.0096.9%26.0%77.1%46.7%95.1%-14.4%-2.8%1.3M-135.9M-532.6K0.1514.94N/AN/A85,57412,440319,169273,153
2025-10-07$6.88$5.0091.5%24.5%72.8%41.9%86.8%-2.8%-2.5%1.3M-122.3M-531.0K0.2314.26N/AN/A19,9474,688342,042279,757
2025-10-08$7.04$6.0089.1%25.1%67.7%39.9%91.1%-10.2%6.3%1.3M-129.0M-541.6K0.184.83N/AN/A14,1682,563342,892281,234
2025-10-09$6.87$6.0094.2%24.8%68.6%44.4%89.0%1.1%4.9%1.2M-120.8M-528.3K0.6119.40N/AN/A13,1308,012345,844281,416
2025-10-10$6.63$6.0094.9%26.0%69.9%44.9%91.8%-1.5%10.1%1.2M-107.7M-520.0K0.1626.49N/AN/A16,9762,719349,995281,862
2025-10-13$6.75$6.0094.6%26.1%67.8%44.7%92.0%4.1%2.2%1.2M-113.6M-515.4K0.0741.56N/AN/A11,689782332,076277,111
2025-10-14$6.84$6.0088.2%26.8%64.6%39.0%91.1%-10.2%2.9%1.3M-120.2M-509.8K0.1525.70N/AN/A11,7761,720335,425277,586
2025-10-15$7.16$6.0097.7%26.6%65.8%47.4%98.8%-2.1%-5.2%1.5M-137.4M-549.7K0.0314.41N/AN/A61,4482,057339,260278,258
2025-10-16$7.00$6.0090.9%26.9%66.9%41.4%97.8%21.3%7.5%1.6M-129.2M-533.0K0.5122.98N/AN/A25,06212,702353,414278,860
2025-10-17$6.88$6.0095.0%26.3%67.5%45.1%95.1%-22.5%-2.9%1.0M-118.3M-511.8K0.1032.59N/AN/A15,7021,563352,497275,115
2025-10-20$7.13$6.0095.0%27.2%61.0%45.0%91.2%0.3%-9.2%1.2M-113.4M-511.0K0.1121.32N/AN/A12,5271,426304,321266,110
2025-10-21$7.17$6.0090.9%25.9%53.3%41.4%92.9%-5.0%-2.5%1.3M-116.0M-523.7K0.2436.81N/AN/A13,0823,107309,972266,926
2025-10-22$7.04$6.0095.8%27.5%52.8%45.8%95.9%0.6%-5.1%1.3M-110.9M-535.8K0.2253.80N/AN/A8,5951,874314,293267,854
2025-10-23$7.75$6.0098.0%28.5%60.2%47.7%98.3%-2.9%-6.2%1.6M-143.2M-544.4K0.2645.40N/AN/A32,4298,497315,034269,162
2025-10-24$8.16$6.0094.0%27.5%61.7%44.2%97.7%-4.6%-5.5%1.4M-167.9M-568.6K0.0941.83N/AN/A45,2434,216325,153275,729
2025-10-27$9.34$6.00104.2%31.9%74.1%53.2%107.9%-4.9%4.3%1.5M-209.9M-573.4K0.1652.80N/AN/A59,6759,785316,791276,318
2025-10-28$10.00$6.5097.9%30.8%75.8%47.6%109.2%-7.5%3.6%1.6M-239.8M-621.1K0.2443.67N/AN/A52,49512,635331,295281,900
2025-10-29$11.00$8.00128.1%40.3%79.2%74.3%139.9%-14.9%-20.7%1.4M-286.7M-610.7K0.1048.52N/AN/A109,47310,568338,609287,499
2025-10-30$10.25$8.00116.0%37.9%86.8%63.6%133.4%-5.6%-5.9%2.0M-265.0M-670.8K1.2047.93N/AN/A53,28964,035382,215292,615
2025-10-31$10.27$9.0083.2%24.8%87.1%34.6%89.6%-3.3%-4.1%1.7M-238.4M-678.5K0.3748.69N/AN/A65,50223,989391,135348,264