Option Greeks measure how Lumen Technologies Inc (LUMN) option prices respond to changes in the stock price (delta and gamma), the passage of time (theta), implied volatility (vega), and interest rates (rho). These charts plot each Greek by strike, so you can see where an expiration's price risk, time decay, and volatility exposure are concentrated. LUMN implied volatility is near the bottom of its one-year range, which keeps delta and gamma in a narrower range of strikes than usual.
Upgrade to view higher order greeks (Vanna, Charm, and Vomma) and multiple expiration dates.
LUMN Option Greeks FAQ
What are option Greeks?
Option Greeks measure how an option's price responds to changes in the stock price (delta and gamma), time (theta), implied volatility (vega), and interest rates (rho).
How do I read the LUMN Greeks charts?
Gamma, theta, and vega are largest for strikes near the Lumen Technologies stock price and shrink for strikes far above or below it. Theta grows as expiration gets closer, while vega is larger for expirations further out. Call delta runs from 0 to 1 and put delta from -1 to 0, near 0.50 and -0.50 at the money, and roughly estimates the chance that an option finishes in the money.
How does implied volatility affect LUMN's Greeks?
Lumen Technologies IV rank is 14, so implied volatility is near the bottom of its one-year range. Higher implied volatility raises option premiums and daily time decay (theta), and spreads delta and gamma across a wider range of strikes. Over the past year, 30-day implied volatility ranged from 51.2% to 198.7%. See the LUMN implied volatility history for a longer view.
How much gamma and delta do LUMN options carry in total?
Across all open Lumen Technologies options on Nov 5, 2026, net gamma exposure was -$8.18K and net delta exposure was -$4.78M per 1% move in the stock. The LUMN gamma exposure chart shows where that gamma sits by strike.
What is Lumen Technologies Inc?
Lumen Technologies is one of the largest telecommunications carriers serving global enterprises.