COMM Options History — February 2019

In February 2019, COMM traded between $20.97 and $24.01. ATM implied volatility averaged 42.5%, placing in the 45.9% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 11.3% (HV 20d: 31.2%). Max pain ranged from $19.00 to $24.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 3.50.

Notable Days

  • 2019-02-25: Highest Volume — 6,867 contracts
  • 2019-02-25: Largest IV spike — 51.1% change
  • 2019-02-20: Highest IV Rank — 59.4%
  • 2019-02-20: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.46$20.97$24.01$20.97$23.51
Max Pain$20.00$19.00$24.00$19.00$24.00
ATM IV42.5%29.9%52.3%32.7%35.0%
Expected Move12.8%8.6%15.0%13.0%10.0%
HV 20d31.2%18.4%35.5%35.5%21.5%
HV 60d37.9%32.8%59.1%59.0%33.7%
IV Rank45.9%20.4%59.4%47.3%29.3%
IV Percentile79.2%46.0%95.2%85.3%50.4%
Term Structure-3.6%-9.6%1.3%-1.6%-2.6%
VWIV45.8%32.8%59.4%45.3%36.8%
Skew 25d5.2%2.0%7.0%6.1%4.6%
Skew 10d19.0%11.1%25.6%21.6%18.6%
Call IV 25d42.4%28.3%49.8%43.3%34.1%
Put IV 25d47.6%32.5%55.5%49.4%38.7%
Bid-Ask Spread %51.4734.0273.8834.0264.85
Gamma HHI0.230.150.510.230.42
Net GEX-55.6K-627.7K115.7K115.7K-549.7K
Net DEX-2.6M-5.6M6.0M-4.4M4.2M
Net VEX-8.9K-19.5K-5.7K-8.7K-18.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.500.0034.580.571.46
Total Volume1,121.316136,8672632,487
Total OI7,226.3683,0269,7558,1919,297

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$20.97$19.0032.7%13.0%35.5%47.3%45.3%6.1%-1.6%115.7K-4.4M-8.7K0.5734.02N/AN/A168955,0063,185
2019-02-04$21.14$19.0034.5%13.2%34.5%48.8%44.9%5.3%-1.9%105.6K-4.7M-7.6K0.3340.21N/AN/A61205,0083,185
2019-02-05$21.30$19.0033.5%13.4%33.5%49.5%45.3%4.7%-2.1%93.8K-4.8M-7.4K0.4546.20N/AN/A47214,9933,206
2019-02-06$21.47$19.0047.0%13.5%33.4%50.3%0.0%6.1%-3.2%82.1K-5.1M-6.9K0.0042.30N/AN/A1304,9983,206
2019-02-07$21.12$19.0047.3%13.6%34.3%50.8%50.4%4.7%-2.7%113.5K-4.7M-7.2K0.3848.74N/AN/A42164,9883,205
2019-02-08$21.30$19.0047.5%13.6%34.0%51.1%53.0%4.3%-3.3%74.2K-4.8M-8.1K2.9848.87N/AN/A1323935,0073,562
2019-02-11$21.69$19.0047.3%13.6%34.2%50.8%53.3%5.5%-2.3%47.8K-5.2M-7.6K0.0142.36N/AN/A12815,0163,583
2019-02-12$21.98$19.0047.9%13.7%34.2%51.8%46.6%6.2%-4.4%26.7K-5.4M-7.3K0.0345.07N/AN/A331115,0253,583
2019-02-13$22.31$19.0048.5%13.9%34.3%52.9%48.5%6.0%-3.5%14.2K-5.5M-6.7K0.1645.73N/AN/A399634,9373,583
2019-02-14$22.27$19.0047.8%13.7%34.4%51.7%50.2%5.8%-3.7%-9.9K-5.5M-7.0K0.2241.84N/AN/A413904,9873,635
2019-02-15$22.80$19.0048.4%13.9%34.8%52.6%46.6%5.0%-3.9%-12.2K-5.6M-7.0K0.1444.05N/AN/A530754,9033,660
2019-02-19$23.18$19.0051.3%14.7%34.8%57.7%51.9%4.7%-8.9%-5.6K-1.4M-7.2K0.2640.76N/AN/A69181,1961,830
2019-02-20$23.47$20.0052.3%15.0%29.8%59.4%59.4%5.8%-9.6%-4.2K-1.5M-7.1K6.1449.22N/AN/A975961,2562,044
2019-02-21$23.61$20.0029.9%8.6%29.9%20.4%32.8%4.3%1.3%-331-1.6M-6.0K2.8567.33N/AN/A2085921,2222,149
2019-02-22$23.88$20.0031.6%9.1%29.7%23.3%33.8%2.0%-0.1%2.3K-1.7M-5.7K3.0973.88N/AN/A1956021,2272,138
2019-02-25$23.30$20.0047.7%13.7%32.3%51.5%47.3%7.0%-7.1%-7.2K-1.4M-6.5K34.5862.78N/AN/A1936,6741,2262,131
2019-02-26$23.49$24.0040.6%11.6%18.4%39.1%39.6%5.4%-5.0%-627.7K6.0M-19.5K7.8370.21N/AN/A4293,3611,3568,399
2019-02-27$24.01$24.0037.4%10.7%19.2%33.4%38.3%5.6%-3.4%-515.9K2.9M-17.6K5.0269.47N/AN/A4542,2811,7217,648
2019-02-28$23.51$24.0035.0%10.0%21.5%29.3%36.8%4.6%-2.6%-549.7K4.2M-18.4K1.4664.85N/AN/A1,0111,4761,7327,565