What is LUMN's IV rank?

At the close on Oct 1, 2026, LUMN's IV rank was 23 with 30-day implied volatility of 72.3%. IV sits 23% of the way from its one-year low to its one-year high. Its IV percentile was 31: IV is higher than 31% of the past year's readings.

What is the expected move for LUMN?

Based on the close on Oct 1, 2026, options expiring Oct 30, 2026 priced a one standard deviation move of $1.11 (19.9%), a range of $4.48 to $6.70. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.

Which option screens have trades on LUMN?

At the close on Oct 1, 2026, these OptionClaws preset screens had passing trades on LUMN: Bull Call Spreads on High-Beta Names (29), Bear Put Spreads Below the 200-Day (6), Long Call Butterflies for Pinning (6), Married Put Protection (1). Open a screen in the app to see the individual trades, refreshed intraday.

Is LUMN option volume above average?

On Oct 1, 2026, LUMN option volume was 3.1x its average, far busier than usual.

LUMN options: IV rank, expected move and trade screens

Lumen Technologies, Inc. · Communication

As of the close on Oct 1, 2026. In the app, data is refreshed intraday.

LUMN closed at $5.59 on Oct 1, 2026 with 30-day implied volatility of 72.3%. That is near the bottom of its one-year range (IV rank 23), so options on LUMN are cheap compared with its own recent history. Measured by IV percentile, IV is higher than 31% of the past year's readings. Options expiring Oct 30 (29 days out) price a one standard deviation move of about $1.11, or 19.9%.

The price is below both its 50-day (-11.4%) and 200-day (-26.1%) moving averages. It is trading within 1.1% of its 52-week low. The 14-day RSI of 32.9 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $0.31, about 5.5% of the price, a measure of a typical day's range.

Option volume at the close (37.4K contracts) was 3.1x its average, far busier than usual. A beta of 2.66 means LUMN has tended to move about 2.7 times as much as the broad market. 4 of our preset screens found trades on LUMN at the close, led by Bull Call Spreads on High-Beta Names with 29 trades.

LUMN stats at the close

Price: $5.59; Market cap $5.77B
Implied volatility: 72.3%; 30-day, at the money
IV rank: 23; IV sits 23% of the way from its one-year low to its one-year high.
IV percentile: 31; IV is higher than 31% of the past year's readings.
ATR (14-day): $0.31; 5.5% of the price on a typical day
RSI (14-day): 32.9; Between 30 and 70, neutral
52-week range: -52.7% from high; +1.1% from the 52-week low
Moving averages: -11.4% vs 50-day; -26.1% vs the 200-day
Beta: 2.66; Sensitivity to the broad market
Option volume: 3.1x avg; 37.4K contracts vs 11.9K average

LUMN expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

Expiration	IV	Expected move	1 SD range	Straddle
Oct 9, 20268 days	51.4%	±$0.43 (7.6%)	$5.16 to $6.02	$0.35
Oct 30, 202629 days	70.5%	±$1.11 (19.9%)	$4.48 to $6.70	$0.88
Nov 20, 202650 days	71.4%	±$1.48 (26.4%)	$4.11 to $7.07	$1.25
Dec 18, 202678 days	75.3%	±$1.95 (34.8%)	$3.64 to $7.54	$1.53

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for LUMN from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

Bull Call Spreads on High-Beta Names

Bull Call Spread

29 trades pass on LUMN

Return on risk: 110.5% to 1,000%+
Probability of profit: 25.3% to 50.6%

Bull call spread screener

Bear Put Spreads Below the 200-Day

Bear Put Spread

6 trades pass on LUMN

Return on risk: 88.7% to 222.6%
Probability of profit: 38.3% to 59.8%

Bear put spread screener

Long Call Butterflies for Pinning

Call Butterfly

6 trades pass on LUMN

Return on risk: 32.5% to 1,000%+
Probability of profit: 28.4% to 100.0%

Butterfly spread screener

Married Put Protection

Married Put

1 trade passes on LUMN

Probability of profit: 40.0%

Married put screener

LUMN options FAQ

What is LUMN's IV rank?: At the close on Oct 1, 2026, LUMN's IV rank was 23 with 30-day implied volatility of 72.3%. IV sits 23% of the way from its one-year low to its one-year high. Its IV percentile was 31: IV is higher than 31% of the past year's readings.
What is the expected move for LUMN?: Based on the close on Oct 1, 2026, options expiring Oct 30, 2026 priced a one standard deviation move of $1.11 (19.9%), a range of $4.48 to $6.70. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on LUMN?: At the close on Oct 1, 2026, these OptionClaws preset screens had passing trades on LUMN: Bull Call Spreads on High-Beta Names (29), Bear Put Spreads Below the 200-Day (6), Long Call Butterflies for Pinning (6), Married Put Protection (1). Open a screen in the app to see the individual trades, refreshed intraday.
Is LUMN option volume above average?: On Oct 1, 2026, LUMN option volume was 3.1x its average, far busier than usual.

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