COMM Options History — May 2019

In May 2019, COMM traded between $16.11 and $24.30. ATM implied volatility averaged 47.3%, placing in the 41.0% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded below realized volatility by 16.4% (HV 20d: 63.7%). Max pain ranged from $21.00 to $25.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 2.99.

Notable Days

  • 2019-05-09: Highest Volume — 3,781 contracts
  • 2019-05-09: Largest IV drop — 43.4% change
  • 2019-05-02: Highest IV Rank — 81.9%
  • 2019-05-02: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.51$16.11$24.30$24.30$16.11
Max Pain$23.64$21.00$25.00$24.00$21.00
ATM IV47.3%33.4%81.6%61.6%40.6%
Expected Move12.0%9.6%18.7%17.7%11.6%
HV 20d63.7%26.8%78.7%30.5%78.7%
HV 60d45.0%26.9%52.9%26.9%52.9%
IV Rank41.0%26.5%81.9%75.7%39.1%
IV Percentile55.9%40.9%97.6%97.2%53.6%
Term Structure-1.6%-25.6%6.9%-20.0%0.8%
VWIV40.8%31.6%64.4%60.4%40.6%
Skew 25d4.4%1.3%7.7%5.7%3.0%
Skew 10d9.6%-3.3%23.8%13.7%12.2%
Call IV 25d40.2%33.2%62.6%58.5%40.9%
Put IV 25d44.6%36.8%70.2%64.3%43.9%
Bid-Ask Spread %62.2923.8479.1779.1323.88
Gamma HHI0.400.160.650.400.65
Net GEX-159.7K-549.9K173.9K-318.4K-70.2K
Net DEX8.3M3.3M26.0M4.4M4.1M
Net VEX-26.3K-56.9K-12.6K-51.7K-14.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.990.1121.075.460.34
Total Volume1,167.3641013,7811,149347
Total OI15,458.0459,49923,38117,2829,826

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$24.30$24.0061.6%17.7%30.5%75.7%60.4%5.7%-20.0%-318.4K4.4M-51.7K5.4679.13N/AN/A1789715,85411,428
2019-05-02$23.84$24.0065.2%18.7%28.7%81.9%64.4%7.6%-25.6%-344.9K6.6M-50.7K8.7878.99N/AN/A3723,2685,87511,820
2019-05-03$24.19$25.0062.9%18.0%27.6%78.0%61.6%7.4%-23.6%-549.9K8.3M-56.9K1.2777.59N/AN/A6658445,90614,321
2019-05-06$24.10$25.0071.1%11.7%26.8%39.2%41.1%7.7%1.2%-496.9K8.0M-56.4K2.1749.17N/AN/A1673626,43814,413
2019-05-07$23.31$25.0077.1%12.9%29.0%46.5%44.3%5.2%-0.4%-458.8K10.9M-52.7K2.8750.86N/AN/A2707766,52914,293
2019-05-08$22.98$25.0081.6%13.3%29.2%49.1%46.8%6.1%-3.3%-447.2K12.3M-51.7K8.2555.78N/AN/A3332,7466,72414,697
2019-05-09$18.71$25.0046.2%10.5%76.7%32.1%35.0%1.3%4.2%-193.8K26.0M-13.2K3.7370.80N/AN/A7992,9826,84316,538
2019-05-10$19.02$25.0037.9%10.6%76.8%32.7%37.3%2.9%4.2%-189.6K21.6M-16.6K0.3770.46N/AN/A6302307,45314,959
2019-05-13$18.12$25.0049.3%11.2%75.9%36.5%39.1%4.6%3.1%-198.4K22.1M-12.6K3.7072.54N/AN/A2037527,45314,959
2019-05-14$18.63$24.0041.9%10.4%77.4%31.4%36.0%3.2%4.3%37.9K8.4M-14.5K2.5069.92N/AN/A9972,4938,4788,243
2019-05-15$18.59$24.0033.4%9.6%76.2%26.5%35.1%3.6%6.9%123.2K7.7M-13.6K21.0773.40N/AN/A428858,7077,790
2019-05-16$18.78$24.0036.3%10.4%76.8%31.6%36.0%2.7%4.9%173.9K6.0M-17.3K1.4770.06N/AN/A4817078,7387,854
2019-05-17$18.79$24.0035.2%10.1%77.1%29.7%35.8%5.0%6.0%-45.8K6.1M-18.7K0.9871.42N/AN/A5835728,3867,951
2019-05-20$18.23$24.0036.9%10.6%76.8%32.6%36.7%5.1%0.6%-65.2K3.4M-18.4K1.2023.84N/AN/A46554,7184,781
2019-05-21$18.39$24.0035.6%10.2%77.4%30.4%34.6%1.4%1.3%-66.7K3.3M-18.7K0.1750.70N/AN/A154264,7464,821
2019-05-22$17.93$23.0035.2%10.1%76.2%29.7%34.3%2.5%0.1%-69.3K3.7M-17.9K0.1165.38N/AN/A296334,8154,832
2019-05-23$17.48$23.0037.8%10.8%76.0%34.2%31.6%5.9%0.0%-62.4K4.0M-16.9K0.3657.21N/AN/A173635,0184,821
2019-05-24$17.49$23.0038.0%10.9%76.2%34.5%31.9%2.5%0.4%-66.6K4.0M-17.1K0.3427.98N/AN/A194665,0834,833
2019-05-28$16.70$21.0037.9%10.9%76.6%34.4%37.8%4.9%0.3%-70.9K4.0M-15.3K0.1876.34N/AN/A141265,0594,505
2019-05-29$16.70$21.0040.2%11.5%77.0%38.3%39.3%5.5%0.0%-67.7K4.0M-15.5K0.2179.17N/AN/A345745,2354,524
2019-05-30$16.93$21.0039.8%11.4%77.9%37.6%38.5%3.4%0.2%-64.8K3.5M-16.6K0.3075.78N/AN/A257785,3504,460
2019-05-31$16.11$21.0040.6%11.6%78.7%39.1%40.6%3.0%0.8%-70.2K4.1M-14.6K0.3423.88N/AN/A259885,3584,468