LUMN Options History — March 2026

In March 2026, LUMN traded between $6.42 and $6.97. ATM implied volatility averaged 72.5%, placing in the 25.1% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 8.2% (HV 20d: 64.3%). Max pain ranged from $7.00 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2026-03-03: Highest Volume — 18,046 contracts
  • 2026-03-13: Largest IV drop — 6.6% change
  • 2026-03-12: Highest IV Rank — 30.0%
  • 2026-03-03: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.73$6.42$6.97$6.87$6.88
Max Pain$7.02$7.00$7.50$7.00$7.00
ATM IV72.5%68.6%78.0%75.5%74.3%
Expected Move20.8%19.2%22.8%22.5%21.3%
HV 20d64.3%40.4%144.6%144.6%50.9%
HV 60d95.5%94.3%98.7%98.7%96.0%
IV Rank25.1%21.7%30.0%27.8%26.7%
IV Percentile38.9%29.0%56.7%47.6%46.0%
Term Structure0.6%-4.1%8.8%-1.0%2.8%
VWIV75.6%68.8%83.7%83.7%71.9%
Skew 25d1.0%-13.5%12.4%0.6%12.4%
Skew 10d3.0%-156.9%78.7%2.9%78.7%
Call IV 25d76.0%70.2%86.2%81.7%71.6%
Put IV 25d76.9%62.3%86.1%82.3%84.0%
Bid-Ask Spread %22.9713.4260.6923.5817.90
Gamma HHI0.130.110.200.110.11
Net GEX180.1K14.9K386.1K372.4K386.1K
Net DEX-31.1M-39.9M-21.0M-35.7M-38.9M
Net VEX-469.1K-515.9K-419.2K-513.0K-442.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.071.690.240.11
Total Volume9,470.4555,58618,0468,77112,743
Total OI440,614.182413,794454,260446,078417,137

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$6.87$7.0075.5%22.5%144.6%27.8%83.7%0.6%-1.0%372.4K-35.7M-513.0K0.2423.58N/AN/A7,0791,692270,024176,054
2026-03-03$6.89$7.0075.9%22.8%144.6%28.1%81.5%0.2%-0.9%371.7K-36.6M-503.0K0.1160.69N/AN/A16,2151,831272,918176,782
2026-03-04$6.97$7.5075.0%22.4%144.6%27.3%83.3%2.4%-0.0%352.8K-36.3M-515.9K0.1320.51N/AN/A6,549840274,892178,099
2026-03-05$6.80$7.0072.1%19.2%115.6%24.7%81.1%-1.4%-2.0%208.6K-30.5M-500.2K0.4623.60N/AN/A4,3842,021275,670178,590
2026-03-06$6.58$7.0071.6%21.0%111.5%24.3%77.2%1.7%-4.1%110.2K-24.8M-481.9K0.6324.46N/AN/A5,0693,218276,710176,941
2026-03-09$6.70$7.0075.9%20.7%43.3%28.2%80.4%7.0%-3.0%170.3K-29.8M-490.5K0.2939.53N/AN/A11,7033,393262,972173,735
2026-03-10$6.74$7.0074.9%21.4%42.2%27.2%78.9%0.4%1.0%180.2K-29.6M-483.3K0.2657.30N/AN/A7,1211,863266,230174,608
2026-03-11$6.58$7.0073.4%20.5%42.6%25.9%74.9%-5.5%0.5%80.5K-26.2M-474.2K0.0717.74N/AN/A6,555454268,293175,206
2026-03-12$6.42$7.0078.0%22.0%42.6%30.0%74.0%0.7%-1.3%14.9K-21.0M-452.3K0.2314.68N/AN/A5,5521,288271,258175,421
2026-03-13$6.58$7.0072.8%21.7%43.1%25.4%78.7%0.2%-1.5%40.2K-26.3M-466.5K0.4620.21N/AN/A4,8632,231273,057175,435
2026-03-16$6.75$7.0071.9%20.7%40.4%24.6%79.5%-1.0%1.5%46.3K-29.1M-471.9K0.1913.42N/AN/A7,8581,529270,492174,337
2026-03-17$6.88$7.0069.8%20.3%41.6%22.7%75.3%1.8%-3.6%128.1K-33.5M-480.6K0.0713.87N/AN/A12,704909273,539175,455
2026-03-18$6.59$7.0069.4%20.1%43.0%22.4%72.6%-1.6%2.7%25.8K-23.3M-463.9K1.6917.71N/AN/A3,8316,469276,701175,865
2026-03-19$6.83$7.0070.1%20.4%45.3%23.0%73.6%1.7%-1.7%284.0K-31.7M-470.9K0.3315.07N/AN/A6,6342,200277,397171,323
2026-03-20$6.50$7.0071.0%19.5%47.3%23.8%68.8%0.4%-2.6%23.5K-24.8M-437.5K1.4413.97N/AN/A4,4846,451280,312170,261
2026-03-23$6.83$7.0068.6%19.7%47.0%21.7%69.3%-1.2%8.8%90.4K-34.1M-456.0K0.2017.35N/AN/A9,2691,869257,215163,812
2026-03-24$6.79$7.0070.6%20.5%46.0%23.4%71.6%4.6%3.6%211.1K-38.4M-461.2K0.2616.11N/AN/A4,4271,159261,939164,920
2026-03-25$6.96$7.0070.1%20.4%43.5%23.0%70.5%4.8%2.6%260.5K-39.9M-462.1K0.1518.60N/AN/A5,275817264,079165,639
2026-03-26$6.75$7.0071.3%20.1%44.7%24.1%72.8%7.3%2.5%99.6K-36.0M-443.2K0.1221.69N/AN/A7,885968266,523165,853
2026-03-27$6.62$7.0073.6%20.0%45.0%26.1%73.0%-0.9%0.9%275.1K-31.8M-430.5K0.3117.94N/AN/A6,8212,081268,576165,448
2026-03-30$6.46$7.0069.8%19.8%45.2%22.7%69.3%-13.5%8.8%230.9K-26.8M-419.2K0.2919.40N/AN/A6,2391,807261,141152,653
2026-03-31$6.88$7.0074.3%21.3%50.9%26.7%71.9%12.4%2.8%386.1K-38.9M-442.8K0.1117.90N/AN/A11,5011,242263,363153,774