COMM Options History — July 2019

In July 2019, COMM traded between $14.35 and $16.23. ATM implied volatility averaged 57.0%, placing in the 72.3% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 26.6% (HV 20d: 30.3%). Max pain ranged from $16.00 to $17.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 4.50.

Notable Days

  • 2019-07-17: Highest Volume — 9,974 contracts
  • 2019-07-10: Largest IV spike — 78.7% change
  • 2019-07-29: Highest IV Rank — 100.0%
  • 2019-07-31: Largest Expected Move — 23.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.16$14.35$16.23$16.23$14.35
Max Pain$16.59$16.00$17.00$16.00$16.00
ATM IV57.0%27.9%81.5%30.4%81.5%
Expected Move17.2%8.0%23.4%8.7%23.4%
HV 20d30.3%27.4%33.6%31.0%27.4%
HV 60d51.8%51.3%52.4%52.4%52.0%
IV Rank72.3%17.0%100.0%21.3%100.0%
IV Percentile86.3%18.3%100.0%23.0%100.0%
Term Structure-9.6%-27.5%26.9%26.9%-27.5%
VWIV60.1%28.1%76.4%31.4%75.8%
Skew 25d5.0%-1.7%9.9%5.5%9.9%
Skew 10d18.7%1.5%51.3%14.6%37.1%
Call IV 25d58.8%27.2%77.9%27.2%77.9%
Put IV 25d63.8%30.6%87.9%32.7%87.9%
Bid-Ask Spread %61.5111.3190.6185.9266.54
Gamma HHI0.430.200.830.400.29
Net GEX-121.7K-1.1M177.3K67.4K-201.1K
Net DEX4.7M-684.5K13.2M-369.9K7.6M
Net VEX-25.6K-36.4K-16.1K-22.8K-35.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.500.0143.420.1514.80
Total Volume2,157.409879,9741,5611,975
Total OI20,169.77314,41229,41514,41225,150

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$16.23$16.0030.4%8.7%31.0%21.3%31.4%5.5%26.9%67.4K-369.9K-22.8K0.1585.92N/AN/A1,3532088,8575,555
2019-07-02$16.07$16.0029.6%8.5%31.1%20.0%30.3%4.0%23.9%177.3K-684.5K-23.5K0.0118.82N/AN/A1,340189,9445,517
2019-07-03$15.95$16.0027.9%8.0%29.1%17.0%28.1%0.3%25.4%171.9K-69.2K-23.2K3.0390.61N/AN/A1063219,9415,607
2019-07-05$15.68$17.0030.2%15.3%28.6%61.5%49.0%1.4%-6.6%157.0K1.6M-21.7K3.6370.84N/AN/A913309,9465,834
2019-07-08$15.48$17.0033.4%15.9%28.4%65.2%53.7%4.8%-8.4%147.2K2.3M-19.5K0.3271.65N/AN/A66219,9635,834
2019-07-09$15.64$17.0031.7%15.9%28.5%65.1%56.3%5.1%-8.8%175.7K1.8M-19.8K0.4271.22N/AN/A131559,9685,835
2019-07-10$15.44$17.0056.6%16.2%28.7%66.9%56.4%2.2%-9.7%157.1K2.8M-18.9K0.8571.73N/AN/A1089210,0655,875
2019-07-11$15.03$17.0055.2%15.8%29.2%64.4%55.4%3.4%-8.8%45.3K4.1M-16.2K1.8366.84N/AN/A14827110,0715,869
2019-07-12$15.43$17.0058.7%16.8%30.7%70.6%57.7%-1.7%-6.7%88.5K2.3M-18.8K43.4286.27N/AN/A2129,20510,0855,996
2019-07-15$15.53$17.0060.4%17.3%29.4%73.5%63.9%6.8%-11.6%-456.8K6.9M-22.8K0.3973.86N/AN/A1,20746710,14714,093
2019-07-16$15.39$17.0063.0%18.1%29.5%78.1%63.6%4.6%-13.6%-523.0K7.5M-22.4K1.3071.06N/AN/A39851911,16514,360
2019-07-17$15.16$17.0060.0%17.2%29.7%73.0%59.1%6.8%-11.5%-1.1M10.3M-18.8K4.1774.73N/AN/A1,9318,04311,23714,460
2019-07-18$14.57$17.0061.8%17.7%32.2%75.9%65.0%9.1%-12.9%-585.3K12.4M-16.1K1.2722.99N/AN/A3,4734,39711,20312,284
2019-07-19$14.72$17.0066.0%18.9%31.9%83.4%70.0%5.4%-14.3%-122.5K13.2M-31.5K0.6268.35N/AN/A1,6271,00714,08715,328
2019-07-22$14.39$17.0068.1%19.5%32.4%87.0%67.8%3.9%-16.9%-108.9K4.3M-29.9K0.6711.31N/AN/A34923310,4648,887
2019-07-23$14.61$17.0068.7%19.7%33.2%88.0%68.8%3.7%-18.4%-102.3K3.9M-31.1K0.1224.35N/AN/A4295010,7149,067
2019-07-24$14.82$16.0068.5%19.7%33.6%87.8%70.2%5.5%-19.2%-88.6K3.3M-32.6K0.4147.66N/AN/A1335411,0709,073
2019-07-25$14.76$16.0071.0%20.4%33.6%92.1%71.4%7.1%-18.2%-78.6K3.3M-32.7K9.7164.51N/AN/A2542,46711,1119,073
2019-07-26$14.90$16.0075.1%21.5%32.5%99.3%75.8%6.8%-25.3%-131.4K4.5M-35.4K9.4765.22N/AN/A2061,95011,08310,971
2019-07-29$14.93$16.0077.3%22.2%29.3%100.0%76.4%6.5%-24.6%-194.6K5.8M-36.4K0.0665.55N/AN/A1,1356311,06212,631
2019-07-30$14.48$16.0077.9%22.3%27.4%100.0%75.6%8.0%-24.9%-181.1K6.6M-34.9K2.4363.13N/AN/A29772311,60212,651
2019-07-31$14.35$16.0081.5%23.4%27.4%100.0%75.8%9.9%-27.5%-201.1K7.6M-35.0K14.8066.54N/AN/A1251,85011,75913,391