Lumen Technologies Inc. (LUMN)
Lumen Max Pain By Strike
LUMN trades at $4.56, 14.0% above the near-term max pain of $4 expiring Aug 22, 2025 (3 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($2-$4.5), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 11 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Lumen Max Pain By Expiry
Max pain for LUMN shows an upward trend from 2 to 4.5, suggesting bullish positioning in longer-dated options. The 66% spread signals divergent expectations across timeframes. Most levels below 4.56 may cap rallies. Strong magnetic level at 4 (11 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 4 | -0.56 (-12.19%) |
| Aug 29, 2025 | 4 | -0.56 (-12.19%) |
| Sep 5, 2025 | 4 | -0.56 (-12.19%) |
| Sep 12, 2025 | 3.5 | -1.06 (-23.16%) |
| Sep 19, 2025 | 4 | -0.56 (-12.19%) |
| Sep 26, 2025 | 4 | -0.56 (-12.19%) |
| Oct 17, 2025 | 4 | -0.56 (-12.19%) |
| Dec 19, 2025 | 4 | -0.56 (-12.19%) |
| Jan 16, 2026 | 3.5 | -1.06 (-23.16%) |
| Apr 17, 2026 | 2 | -2.56 (-56.09%) |
| Dec 18, 2026 | 4 | -0.56 (-12.19%) |
| Jan 15, 2027 | 4.5 | -0.06 (-1.21%) |
| Dec 17, 2027 | 4 | -0.56 (-12.19%) |