LUMN Option Overview

22.05K calls and 3.56K puts traded on Nov 5, 2026, 25.62K contracts in total. Open interest was 462.37K contracts. Over the past 30 days, volume averaged 13.04K contracts per day. The LUMN option volume chart shows volume by strike and expiration date.

Lumen Technologies IV rank is 14, so its 30-day implied volatility of 71.4% is near the bottom of its one-year range. Over the past year it ranged from 51.2% on Sep 24, 2026 to 198.7% on Oct 28, 2026. See the LUMN implied volatility history for a longer view.

The Lumen Technologies put/call volume ratio was 0.16 on Nov 5, 2026, so calls outnumber puts. The put/call open interest ratio was 0.67. The LUMN open interest chart shows calls and puts at each strike.

As of the Nov 5, 2026 close, max pain for Lumen Technologies options about one week from expiration was $4.50, 13.4% above the $3.97 close. The LUMN max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 87.8%, options price a move of about ±$0.48 (±12.2%) over the next week, a range of roughly $3.49 to $4.45 from the Nov 5, 2026 close. The LUMN expected move chart shows it for every expiration date.