COMM Options History — January 2019

In January 2019, COMM traded between $16.80 and $21.04. ATM implied volatility averaged 41.7%, placing in the 43.1% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 4.7% (HV 20d: 37.0%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.27.

Notable Days

  • 2019-01-16: Highest Volume — 1,463 contracts
  • 2019-01-29: Largest IV drop — 10.9% change
  • 2019-01-03: Highest IV Rank — 52.9%
  • 2019-01-03: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.85$16.80$21.04$16.95$20.85
Max Pain$17.95$17.00$19.00$18.00$19.00
ATM IV41.7%33.8%46.3%44.0%33.8%
Expected Move12.3%9.8%13.9%12.6%13.0%
HV 20d37.0%26.8%40.6%38.0%36.2%
HV 60d57.5%56.6%59.7%56.6%59.0%
IV Rank43.1%27.8%52.9%45.1%47.3%
IV Percentile75.6%50.4%91.7%82.5%85.3%
Term Structure3.8%-0.8%11.2%2.5%-0.8%
VWIV42.6%34.4%49.1%36.3%45.6%
Skew 25d5.0%3.2%6.8%4.3%5.1%
Skew 10d15.5%3.7%24.6%3.7%12.9%
Call IV 25d40.9%32.0%46.5%44.3%43.7%
Put IV 25d45.9%37.5%52.4%48.6%48.7%
Bid-Ask Spread %88.3635.74104.90104.9035.74
Gamma HHI0.300.230.490.350.23
Net GEX41.0K-37.2K182.0K-37.2K121.2K
Net DEX-1.4M-4.6M1.1M1.0M-4.3M
Net VEX-10.4K-12.5K-8.9K-10.5K-9.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.0814.000.610.57
Total Volume413.429451,463306263
Total OI7,559.816,8378,5336,8378,189

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$16.95$18.0044.0%12.6%38.0%45.1%36.3%4.3%2.5%-37.2K1.0M-10.5K0.61104.90N/AN/A1901163,7983,039
2019-01-03$16.80$17.0046.3%13.9%36.5%52.9%48.0%5.9%0.9%-37.1K1.1M-10.6K0.5785.71N/AN/A2051163,9033,040
2019-01-04$17.39$17.0041.9%13.4%38.8%49.6%46.3%3.7%1.9%-23.9K553.9K-10.8K0.5886.83N/AN/A2831643,9033,047
2019-01-07$17.94$18.0040.9%13.0%40.2%47.4%41.9%6.6%2.6%-14.4K37.1K-10.6K0.1089.39N/AN/A5053,9023,089
2019-01-08$17.98$18.0042.0%12.9%39.7%46.6%45.1%6.0%4.1%-9.6K-14.4K-10.5K0.3787.23N/AN/A153563,9423,094
2019-01-09$18.35$18.0044.9%12.9%40.1%46.6%43.9%3.8%2.5%1.0K-558.1K-10.5K0.8989.67N/AN/A1361214,0473,145
2019-01-10$18.70$18.0044.8%12.8%40.6%46.4%46.9%5.0%1.5%9.7K-957.1K-10.1K0.3688.24N/AN/A3571274,0473,146
2019-01-11$18.76$18.0043.3%12.4%40.5%43.8%42.6%5.3%2.6%5.3K-1.0M-9.8K0.2786.18N/AN/A6611763,9893,149
2019-01-14$18.79$18.0042.4%12.2%38.4%42.3%40.8%4.9%3.8%12.2K-1.1M-9.2K0.0889.01N/AN/A8574,0653,198
2019-01-15$18.93$18.0043.6%12.5%37.6%44.4%41.6%4.4%1.5%20.5K-1.3M-9.2K0.2185.88N/AN/A81174,1233,198
2019-01-16$18.97$18.0042.5%12.2%36.4%42.5%42.3%5.0%2.9%22.3K-1.5M-8.9K0.0887.76N/AN/A1,3521114,1233,208
2019-01-17$19.05$18.0042.1%12.1%36.3%41.7%42.1%5.7%3.3%98.1K-2.7M-11.2K0.1092.27N/AN/A1,1791215,3313,202
2019-01-18$19.07$18.0042.0%12.1%35.7%41.6%42.2%3.3%3.3%182.0K-2.6M-10.7K3.0887.31N/AN/A2046295,1483,192
2019-01-22$18.35$18.0046.0%13.2%37.2%48.4%49.1%6.8%2.8%22.1K-580.8K-12.5K14.0090.48N/AN/A3424,6543,046
2019-01-23$18.55$18.0042.4%12.1%33.4%42.1%43.8%5.2%4.9%30.4K-784.4K-12.2K1.8287.95N/AN/A34624,6573,085
2019-01-24$18.95$18.0043.0%12.3%32.6%43.2%43.1%5.4%4.1%48.0K-1.3M-12.1K1.2294.66N/AN/A51624,6883,085
2019-01-25$19.05$18.0041.8%12.0%26.8%41.2%41.4%4.7%5.3%53.2K-1.5M-11.8K0.6691.94N/AN/A97644,6763,085
2019-01-28$20.66$18.0038.7%11.1%37.1%35.7%39.7%5.7%7.6%81.7K-3.6M-9.4K0.37101.94N/AN/A121454,7183,087
2019-01-29$20.80$18.0034.4%9.9%37.1%28.4%37.1%3.2%11.1%161.0K-4.6M-10.0K0.2094.33N/AN/A7281465,4213,099
2019-01-30$21.04$18.0034.1%9.8%36.8%27.8%34.4%5.5%11.2%114.9K-4.4M-9.0K0.5698.22N/AN/A168945,0313,167
2019-01-31$20.85$19.0033.8%13.0%36.2%47.3%45.6%5.1%-0.8%121.2K-4.3M-9.0K0.5735.74N/AN/A168955,0043,185