Lumen Technologies Inc (LUMN) Options

there are a Few More Eyes watching this board....

but not too many...

I tried to share the LUMN "situation" with the GME guys/girls...just a bit...that stock may have lost its mojo...

When the time is right...it might be good for the Reddit WallStreet Bets gang to be made aware...

IMO...LUMN can keep running up..all the way til earnings date...why not...??...eh?

Also it would be nice if the Institutional ownership bumped up...maybe a reverse Split would get 'em back on board...??

I am watching "The Biggest Lumen" most closely now in my portfolio...the others are on the back burner...

Nothing else is as Exciting...


GL

Looks like just you, me and Glenn LOL I knew I should’ve bought 100,000 shares or more when we hit $1.07. But I didn’t want to go that deep.

Please, everybody.....Do Not Tell...

the Reddit crowd, ya know, Wallstreet Bets...about the upcoming short squeeze...
They don't know yet...and I am not fully ready...😄

(Oh!..nobody is here...so I guess nothing to be concerned about)


haha


Let's Roll...!!!

Why do they NOT Cover...???

https://fintel.io/ssv/us/lumn

It is Not so Easy...especially when Volume is relatively light...or when New buyers are actively acquiring. or longs are adding to positions...as well as not selling...
Any Size Volume of covering would quickly Raise the share price...so it looks like, on Most days lately, that More Shorting is the play...

As Dr. Phil would ask them..."How's That workin out for ya"...???

There is also Competition for call options when...and the wide-spaced strikes of $ .5 $1 $1.5 $2 $2.5 etc make it even more difficult...There has been some action lately...but only about 2% coverage of the shorts....and a lot for shorter term...That's why I do not mind a "slow Squeeze"..one that is sustained for a Longer while...


JMO

One never knows how long this could run...It could sputter out one day...or it Could be a multi-bagger...whatcha think...IF we get a "catalyst" thats a +.....??...We won;t get Great Earnings report for a while...so...

so who are the Big Boys betting against us...???

https://fintel.io/sosh/us/lumn

Mainly buying PUT contracts...???

Exercising PUTs result in shares sold...and If they don't already Own shares...well...ya know...


more shorted positions


Getting very Interesting, boys and girls


JMO

do NOT be fooled...
The Bi-monthly short interest report shows a drop...this month of about 3m shares...


but...Today alone, on higher-than-avg-volume...a Lot of short-selling... accounted for the price not moving even higher...Over 75% of sells were short-
Off-Exchange Short Volume 12,503,115 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 75.20 % - source: FINRA (inc. Dark Pool volume)

This stock Wants to go higher...Lots of Uncovered short positions...with Minimal hedge...

I am waiting for that critical point...where enough New buyers and existing shareholders control enough shares to put SI into the "danger zone"....and then...Alice...


JMO

(I have recently added about 25% more shares to my personal account...Everybody, including Institutions, please do likewise)😉

I have been hoping and waiting for a buyout to be honest, since the previous news of them working with Microsoft many months ago. And now today, more news.!!

Lumen, Microsoft forge deal to drive digital transformation, AI initiatives
Lumen Technologies (NYSE:LUMN) has forged a strategic deal with Microsoft (NASDAQ:MSFT) to support digital transformation and drive AI initiatives across its organization.
Lumen (LUMN) has launched an enterprise-wide transformation to simplify and optimize its operations. As part of the partnership, the telecommunications company will migrate and modernize its workloads to Microsoft Azure, use Microsoft Entra solutions to safeguard access and prevent identity attacks, and partner with Microsoft to create and deliver new telecom industry-specific solutions.
This element alone is expected to improve Lumen's (LUMN) cash flow by more than $20M over the next 12 months, while also elevating the company's customer experience.
In addition, Microsoft (MSFT) has selected Lumen (LUMN) as a strategic supplier for its network infrastructure needs. Lumen's Private Connectivity Fabric will enable the tech firm to expand its network capacity to support rising demand on its datacenters due to AI.

LUMN...................................https://stockcharts.com/h-sc/ui?s=LUMN&p=W&b=5&g=0&id=p86431144783

GOOG was looking to buy WIZ...internet/cloud security systems for $23 Billion...

but deal Not to be consummated...

Anyone think Lumen's Black Lotus security systems has any value to a large company such as GOOG or MSFT...???

I don't know, but they could get the whole LUMN Company for $23 Billion...ya think?

Vertical Intergration providing a conduit to many levels/types of customers...as well as the Security systems...

Am I just a dreamer...??...or could such companies buy up all the Lumen Debt on the market...buy up as many millions of shares of common stock as available in the market...Then acquire the balance of the Company...???...Then refinance any remaining debt at a lower rate...making the business Profitable...???

The debt would go to full value...The shares owned would soar...at the expense of 140,000,000 shorteds...and


everybody is Happy...!!?


(well, not Everybody)


Kate Johnson worked for Microsoft...a competitor to GOOGLE...so hmmmmmm...makes me wonder...

A bidding war for LUMEN would be delightful


JMO


just dreamin, probly...

MOST Days...they are Still Shorting...while the share price creeps up...


A SLOW Squeeze is often Better than a Fast one, IMO

typical day...about 2/3 of selling orders are SHORTS...look

Off-Exchange Short Volume 3,009,259 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 64.06 % - source: FINRA (inc. Dark Pool volume)

A smattering of hedging possibly...as some interest opening in $2 and $1.50 calls...but only cover about 1% of total short interest..


yep...it looks like another chapter of that movie "THE SHORTS WHO STAYED TOO LONG"

A BIG RIPE JUICY LUMEN....


ready for a BIG SQUEEZE...???

IF we get another 15m-20m of new share-buying...
I would say..."MEME me Up, Scotty"...!!!

The shorts would be waaay overloaded with no way out...

We may not yet be there...but it Could happen without much notice...
C'mon new buyers...I would Love to participate in a squeeze of Jackpot proportions...

August...???


JMO

Options expiring Friday...a Lot of positions at the $1.50 strike...Puts are ITM...


I don't expect anything over $1.50...unless there is news to move...


$1.50 on the close always a possibility...as MMs can control the shareprice on any particular day...

August could be crazy volitile...IMO

Would like to see more volume

...THE BIGGEST LUMEN"...wants to go higher...


It looks to be inevitable...


JMO

The Big Short......DILEMMA.....???!....(they stayed Too Long?)


What to do...should they Decide to cover 140,000,000 shares...but have No Hedge in place...???

Looks like the Only thing they are capable of at this point in time...is share price suppression..their one-trick strategy?...

I would like to see Institutional ownership increase....but a RS may be the only catalyst to inspire that...

or...any Positive news or event to stimulate new buyers to join in...

or...existing shareholders to increase their positions by 1/3...or more

Then, maybe...someone will take notice of the drama to unfold..."The Shorts Who Stayed Too Long"...
Maybe AUGUST of this year...???...we see a catalyst...???...Earnings report...???

BTW...What do y'all thing Black Lotus internet security systems is Worth...???

I’m liking it!

Aye there Ralphie boy…..

We need a MOASS!

one of these days, Alice...

but not today...

Off-Exchange Short Volume 3,564,727 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 81.49 % - source: FINRA (inc. Dark Pool volume)


WoW...over 81% of todays sells were SHORT...

Now that's conviction...eh?

so If they got the SP under .98 this morning....

why didn't they Cover the 144,000,000 shares short position...???...at .98


HAHAHAHA...!!!


oh

I would like to see New buyers come in (Institutional and Individual "squeezers")..and add 144,000,000 More shares to the long side...
( RS when the SP hits $1.50 or so...soon...)

and THEN we can get the Wallstreetbets kids to Learn about this opportunity...


Just a Fantasy...???


maybe
MAYBE NOT


JMO

Being good at manipulation...is Not as Important as...

Covering a short position....I await the 6-30 short interest report in a couple weeks...

Somehow, I see a possibility...maybe even a Likelihood of a big movement in shareprice in the next 1-3 months...

Todays close showed a huge buy at $1.02...yet the "closing price" was set to $1 even...hmmm

It doesn't matter...and all the crap spewed by short "mouthpieces" on Yahoo don't matter either...That is just their job...likely working for their heavily short-positioned bosses...


Look at the chart...at close-
https://finance.yahoo.com/chart/LUMN#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


Why don't those turds come over here...and convince Me to "dump my shares"...???


JMO...I've been doing this for a few years, ya know...

Hey, Guy..It Could Happen...

The shorts are a one-trick, un-hedged share-price grinding manipulation game...IMO...and

There ARE some "short-busting" entities out there looking for some Big money...

I would like to see the combination of Institutional and Insider positions % a little bit higher...and short interest to maintain its over-extended stance...
before a Squeeze play is enacted...

but a couple of Billionaires working a strategy...is all that would be needed..again IMO

I may post my "strategy idea" at a later date...(I am NOT a Billionaire)...haha


The horrible jackals on Yahoo Finance deserve their comeuppance...for all the fear-mongering and disinformation they spew...right???


No hurry at this point...for me ...Let them dig the hole so deep...and reap their rewards, and learn their lessons...AFTER the July expiration...(I had sold a Lot of july 19 contracts)🙂...I will be more Ready then...


Good luck

(I do Not post on Yahoo, btw...but I Did in the old days)


...jk...

Jeff wouldn’t it be great if we got some of the Reddit boys/Wall Street Bets and the meme stock gangs on this one?

Look...Expiry is Today...

a Net 27,000 contracts on the PUT side will likely exercise into shares Sold...adding a chunk to the Short positions...

That's 2,700,000 shares...if all exercise...

WoW!

Puts
In The Money

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
LUMN240621P00000500 4/26/2024 2:22 PM 0.5 0.03 0.00 0.02 0.00 0.00% 5 16,632 1,000.00%
LUMN240621P00001000 6/20/2024 3:41 PM 1 0.01 0.00 0.00 0.00 0.00% 317 21,387 50.00%
LUMN240621P00001500 6/20/2024 7:10 PM 1.5 0.43 0.00 0.00 0.00 0.00% 200 20,182 0.00%
LUMN240621P00002000 6/20/2024 3:14 PM 2 0.90 0.00 0.00 0.00 0.00% 3 7,329 0.00%
LUMN240621P00002500 6/7/2024 6:03 PM 2.5 1.21 0.00 0.00 0.00 0.00% 1 1,113 0.00%
LUMN240621P00003000 6/5/2024 5:02 PM 3 1.68 0.00 0.00 0.00 0.00% 10 97 0.00%
LUMN240621P00003500 4/29/2024 7:55 PM 3.5 2.29 2.12 2.28 0.00 0.00% 10 0 0.00%
LUMN240621P00004000 5/24/2024 7:33 PM 4 2.75 0.00 0.00 0.00 0.00% 10 13 0.00%
LUMN240621P00004500 4/22/2024 1:50 PM 4.5 3.20 3.05 3.30 0.00 0.00% 1 0 0.00%
LUMN240621P00005000 5/24/2024 7:56 PM 5 3.75 0.00 0.00 0.00 0.00% 18 0 0.00%
LUMN240621P00007000 12/11/2023 5:52 PM 7 5.60 5.20 5.65 0.00 0.00% - 0 0.00%

In a few weeks we will see the Short Interest for end-of-month...


That info will be helpful to see "what's goin' on"...


JMO

Company should step in and buy! If I remember right they authoritied money for buy back

I AM Right...Money-back Guarantee...!!!...haha

What I see is that the Short Interest is nearly in an IMPOSSIBLE situation...

They probably would Love to cover at This Share price...but they can Not...

So they keep shorting and the Yahoos try to "convince" shareholders to help them...by selling their shares...

Too Funny...

The relentless junk posts on Yahoo...shouldn't fool anybody...

Sure, there is always risk involved with investing here...but is this company going out of business...???

Worst thing for shorts would be a well-funded group to seize the opportunity to cause a major short squeeze...

Please, not yet...though...

I want to be ready...


JMO

Hopefully you’re right! Tried of losing money on this stock!

Added to my positions this morning...

I hope my observations are correct...I believe with So Many PUT contracts exercising after Friday, the result will be an increase in Short positions beyond "normal"...and the timing for a trend reversal is ideal...

I likely will sell a few covered cal options to create a "defensive" posture...on a portion of my position...

GL to longs

We MAY see something dramatic in the coming month(s)...

"MEME me Up, Scotty"..


haha

80% today...

of recorded trades were Short sells...


from FNRA Daily Short Report-

20240617|LUMN|10172160 shrs shorted...12546589 volume

Big options expiry Friday
A LOT of Puts are in-the-money...


I am suspicious that some "illegal" trades are being made to manipulate the shareprice down...
I wonder if the SEC would be interested in reviewing the activity...


jmo

This shorting is ridiculous

...another 75% of volume shorted today...


Yep,,,they moved the Shareprice down on low volume...again...

Reminder...this monthly options expiry is a Big one...

Let's see what the Marketmakers do next week...


...jk...

the Jackals bragging about taking down the Share price a few pennies...hmmm

On a day when 70% of the recorded trade volumes were Short Sales...hmmm

Really...that is an accomplishment...???...hmm


Want to do something to brag about,, shorts?...Show how easy it is to Cover 145,000,000 shares...and keep the Share price from moving...


hmmmm...???


June 21, a week from this Friday... where will the SP close...???

How many PUT contracts will exercise...???...many into additional Short share positions...???


Verrry Interesting, no?


JMO

Every day...when I check the Yahoo Message Board...the Same...

TRY to SCARE shareholders out of Holding On to their shares...
Tamp down any post that suggests hope or positivity...Why do so?

Is that a sign of Confidence by the Short Positions...???...or the Opposite...?

You see...that I see...the whole picture...

Take a look at the OPTIONS on LUMN stock...in particularly the heavy open interest for June 21...

There is no real Hedge of any size...for a short position in that expiry...or for Any of them in the future...
Shorty is Naked and Afraid...???
Methinks I know what They know...and that is...IF they Needed to cover...they absolutely Can NOT...

They can easily control the Shareprice for a day...or maybe a short while..but that usually requires even more shorting..
Look at Today's FNRA Daily Short Report

Now...if there is Never a Reason for short-covering...well...that's One story...


But, no matter how soon...or how late...IF covering IS triggered...

Gamestop in comparison, would look like just a video game...

LUMEN is a bit speculative, of course, but with unreal upside potential...at the right time...


"Big Poppy" coming...??...maybe...but When?


JMO

a long's view....Do a 20/1 RS..when the shareprice is $1.50 or so...

Higher is even better...

The current ownership by insiders and institutions is about 70% of outstanding shares...

Post-RS, I would expect that % to go significantly higher with New Institutions opening up positions..and existing positions may also increase...

Eventually, the situation could become volatile...for those unhedged shorts...in which case...
the Wallstreetbets kids and well-funded hedgies may execute a "strategy"...

Just having some speculative fun here...but
ya never know...

Is the Biggest Lumen Screamin' "MEME ME"...??!!

Please do NOT tell the MEME crowd on Reddit...
not YET...

I will be ready for some MEMEmentum..in June or July..

Thank U for Ur patience...

And do Not let the Yahoo's on Yahoo know Anything about what is to happen...


(just havin some fun here...all by myself)


jaja

"Shares Hard to Borrow"..notification...

in my brokerage account (Schwab)...Interesting...

When I sell a call option...I have to acknowledge that the possibility exists of having a "short shares" position as a result...Of course I won't, but any short may soon be seeing "higher borrowing costs" when they do sell shares they do not own...
Makes me think the short interest may be a Lot higher than reported...

Currently at .4%...Borrow cost... https://www.iborrowdesk.com/report/LUMN

JMO

I Am Watching...

and I ALMOST feel Bad....
for the Shorts...as they have positioned themselves...
on a scary, dark and dangerous, one-way street...😏

so...What kind of hedge can they have?...IF the Company does "well"...meaning surviving and "doing better than expected""...???
I don't see any amount of open interest in Call options that could even come close to offering protection...


What can they Do...but Keep Shorting...and acting like idiots on the Yahoo Finance board...???

WoW...
JMO

BTW...of Today's reported transactions, 80% of sells...were Short sells...
IF short positions were reported accurately...including Dark Pools and other "hidden" trading...possibly well over 150,000,000 shares...???...more...hmmm

Hope this was more than a rising tide lifts all boats day

Something to Watch for...???...Naked/illegal shortselling...

(the Actual number of shorted shares might be a lot higher than reported...
I will defer further comment on this matter...until a later date)...

Naked Short Selling Is Technically Illegal — But It Still Happens
Though the SEC made naked short selling illegal in 2008, instances of naked short selling have occurred in the U.S since. One famous example happened fairly recently, with GameStop shares.

“The most infamous recent example of naked short selling was the GameStop saga in 2021, where traders reportedly sold short around 140% of its shares,” Turner said. “This meant that 40% more shares were sold short than existed, which is only possible with ‘phantom’ sales from naked short selling.”

What this means, essentially, is that naked short sellers deposited digital entitlements into buyers’ accounts, “which are like a promise or IOU to locate the actual shares and deliver them at some point,” Turner explained.

“However, when the short squeeze picked up steam, the lack of available shares meant that many short sellers failed to deliver these borrowed shares. This led to a parabolic rise in the share price and many trades not getting settled.”

Naked Short Selling Continues Via Loopholes
Naked short selling continues today, albeit on a much smaller scale than it did prior to 2008. Though technically illegal, the practice is able to be executed through numerous loopholes, including zero-plus agreements.

“One way that traders have been able to circumvent laws and regulations against naked short selling is by entering into ‘zero-plus’ agreements, which allow them to simultaneously enter into long and short trades,” Turner said. “This means they can offset any potential losses from naked shorting while avoiding penalties from regulators.”

Another loophole traders can exploit is called “payment for order flow.” In this scenario, brokers “receive payment for routing orders away from exchanges and into dark pools, allowing them to bypass certain rules or restrictions on their trades,” Turner explained.

“This can make it more difficult for regulators to detect cases of illegal naked shorting since trades are routed away from exchanges, thus making the transactions more difficult to trace.”

Yet another fast one traders can pull is to employ multiple entities (e.g., offshore accounts) that disguise their activities so as to not raise suspicion from regulatory agencies.

“For example,” Turner said, “if an entity enters into a complex network of contracts spread out over several countries, investigators will likely have difficulty tracing back all the interlinked accounts involved in a single transaction.”

Naked short selling, when carried out, however deviously, is a generally negative occurrence that can upset and confuse the market.

Just need a big quarter and crush them damn shorts

Give it some time...Maybe a year from now...


...things will be a Lot better...Looks like the Company has a solid plan...and will Not go out of biz like the shorts would imply...More likely a buyout than a BK...

IMO...I believe there Will be a reverse split...Say the SP goes to around $1.50 and a 20/1 takes it to $30...
That could bring in a whole slew of institutional investment...and change the entire dynamic...

Shorts have been pressuring constantly...I expect the Real SI is close to 146,000,000 shares.

I see they have No real hedge in place...they are doing a one-way street kind of trading...and could get destroyed in a head-on collision...
That would be their own fault and I have no pity should that occur...haha
I use Century Link for My internet...and pay my bill every month...as do many many others..

I know there is risk involved here...thougfh I will regularly use options to hedge my positions...

GL to the shareholders


JMO

..."the Jackals abound on Yahoo finance board"...which makes me wonder...


WHY.....do they need to constantly try to pressure shareholders to sell...???
Obviously, they are holding Short positions...and would have great difficulties when trying to cover over 140,000,000 shares...

But I have observed their lack of Hedging...it would be impossible to cover easily if Buying pressure held or increased...

Any Good News from the company could set this thing off...

so...

Maybe they are Worried...because of their vulnerabilities...???

I hope so...


haha


JMO

hmmm...The shorts are Confident?...or have they Gone Wild?


Typical of the past few trading days...Over 70% of sells are Short sells...

Today-

LUMN| 4976398 short and 30989 short
Volume 6820639

Now,,,If Only we get a bit of positivity at next weeks Earnings/CC...

(the short positions are not hedged with call options...the next large expiration is not until June)


so...be Ready for Action...

one way or the other


GL

FWIW...I am OK with a reverse Split of 20-1


Let MGT. pick an appropriate time...and it may draw in a Lot More institutional ownership...
and perhaps after that...the current 150,000,000 share short will be forced to "reposition"...

In a year or 2...what will be the share price...???

Well good volume on a up day! Still need to chase the shorts out

Monthly options expiry Friday 3-15..

Looks like someone is shorting to bring SP as close to $1.50 as possible...

Next week..back to normal..whatever that is...???


JMO

It seems that we are turning back up which hopefully lasts as long as it turned down

I saw a 550k trade go off AH if that’s any indication
maybe we can test that resistance in the mid to high 2s for starters

I’m ready, been waiting a long time, so far under water. Would love to see the shorts get crushed

I’m thinking this is ready
to go into the 3️⃣➕️range

Time to get some news showing they’re cleaning up the trash and maybe a little short squeeze too.