Lumen Technologies, Inc. (LUMN) Options Volume

13,406 Lumen Technologies, Inc. (LUMN) option contracts changed hands in the latest session, at a put/call volume ratio of 0.17. This page tracks how actively LUMN options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$5.71
52-week range
$4.69 – $11.83
ATM IV (30d)
59.3%
IV rank
5 / 100
Low
Expected move
±$1.00 (±17.6%)
Put/call OI
0.50
Call-heavy
Max pain
$6
↑ 5.2% above close
Next earnings
Nov 2, 2026

Options Volume & Premium Flow

Total options volume13,406
Call volume11,413
Put volume1,993
Put/call volume ratio0.17
Listed contracts494
Call premium traded$713.23K
Put premium traded$141.4K
Premium put/call ratio0.20
Open interest rank (31 day)35 / 100
Skew rank (31 day)40 / 100

LUMN Options Volume Trend

030.8K61.6K92.5K123.3KFeb '26May '26Aug '26

LUMN total options volume per session, past year.

0.001.142.283.424.56Feb '26May '26Aug '26

LUMN put/call volume ratio, past year.

LUMN Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
LUMN $9 call Dec 18, 2026 $0.25 77.2% 5,766 1,441 20.6× avg
LUMN $5 call Jan 21, 2028 $2.29 74.6% 5,285 1,403 29.9× avg
LUMN $6 call Aug 28, 2026 $0.06 63.4% 461 1,087 3.7× avg
LUMN $7 call Jan 15, 2027 $0.62 72.3% 13,270 674 7.1× avg
LUMN $10 call Dec 18, 2026 $0.17 79.2% 7,317 595 8.5× avg
LUMN $10 call Jan 15, 2027 $0.23 77.5% 16,834 548 7.8× avg
LUMN $17 call Dec 18, 2026 $0.04 88.5% 1,694 520 7.4× avg

With a put/call volume ratio of 0.17, today's trading is tilted toward calls. Measured in dollars rather than contracts, $713.23K of call premium and $141.4K of put premium changed hands — the larger premium flow is on the call side. 7 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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LUMN Options FAQ

How many LUMN options traded today?

13,406 LUMN option contracts traded as of Aug 24, 2026 — 11,413 calls and 1,993 puts.

Is there unusual options activity in LUMN today?

Yes — 7 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.