COMM Options History — August 2019

In August 2019, COMM traded between $9.68 and $14.11. ATM implied volatility averaged 64.0%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 19.6% (HV 20d: 44.4%). Max pain ranged from $14.00 to $16.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 4.03.

Notable Days

  • 2019-08-02: Highest Volume — 14,673 contracts
  • 2019-08-08: Largest IV drop — 70.2% change
  • 2019-08-01: Highest IV Rank — 100.0%
  • 2019-08-02: Largest Expected Move — 30.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.51$9.68$14.11$14.11$10.69
Max Pain$14.41$14.00$16.00$16.00$14.00
ATM IV64.0%33.6%155.8%85.8%51.7%
Expected Move15.8%10.5%30.4%24.6%14.8%
HV 20d44.4%27.7%65.6%27.7%65.3%
HV 60d38.9%30.4%52.0%51.8%44.1%
IV Rank43.0%21.2%100.0%100.0%38.2%
IV Percentile73.7%31.7%100.0%100.0%81.3%
Term Structure-1.7%-40.0%11.2%-29.5%-0.4%
VWIV53.4%27.9%105.5%84.0%47.7%
Skew 25d8.5%2.2%14.6%13.6%14.6%
Skew 10d20.8%-7.5%63.0%38.2%9.2%
Call IV 25d51.5%35.0%102.4%82.2%35.8%
Put IV 25d60.0%41.6%112.9%95.7%50.4%
Bid-Ask Spread %71.5836.8782.2669.1480.31
Gamma HHI0.240.140.410.300.14
Net GEX-106.6K-336.7K103.9K-196.2K-5.6K
Net DEX8.5M2.8M15.9M8.3M3.6M
Net VEX-26.5K-44.0K-15.1K-32.7K-37.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.030.0116.475.390.01
Total Volume3,149.40912114,6732,302852
Total OI31,553.27318,84944,82525,17728,122

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$14.11$16.0085.8%24.6%27.7%100.0%84.0%13.6%-29.5%-196.2K8.3M-32.7K5.3969.14N/AN/A3601,94211,78713,390
2019-08-02$13.68$16.00106.0%30.4%28.8%100.0%105.5%10.5%-40.0%-160.9K8.4M-31.9K0.0271.63N/AN/A14,36630711,76313,485
2019-08-05$13.41$15.00130.1%22.3%29.1%68.0%77.0%9.3%-9.6%92.8K3.3M-42.4K0.6336.87N/AN/A3,2732,05722,83213,613
2019-08-06$13.28$15.00123.2%20.6%28.4%61.1%72.4%9.0%-7.9%103.9K4.1M-44.0K8.0340.78N/AN/A3012,41624,64814,670
2019-08-07$12.90$15.00155.8%22.4%29.3%68.4%79.2%9.6%-8.9%93.8K4.9M-40.0K2.3850.82N/AN/A2,8566,80224,82214,330
2019-08-08$13.12$15.0046.5%11.5%29.9%25.2%39.6%7.4%5.3%-253.8K13.8M-28.1K15.6677.51N/AN/A4016,28027,05417,771
2019-08-09$12.26$15.0042.0%11.8%34.4%26.2%39.0%2.2%8.3%-300.7K14.2M-22.3K11.1879.52N/AN/A4334,84327,00315,990
2019-08-12$11.47$14.0056.1%12.1%38.8%27.3%40.6%5.8%7.5%-287.1K15.9M-15.1K13.6282.26N/AN/A3084,19627,41216,457
2019-08-13$11.51$14.0033.6%10.5%39.3%21.2%39.5%6.6%11.2%-336.7K14.8M-21.4K3.0780.56N/AN/A5416627,66316,957
2019-08-14$10.72$14.0046.5%13.3%44.2%32.3%49.7%7.3%5.1%-135.0K13.8M-18.0K3.0275.45N/AN/A11334127,70115,935
2019-08-15$10.31$14.0051.9%14.9%44.1%38.5%43.3%8.3%2.8%-88.4K13.2M-15.5K3.5178.24N/AN/A3241,13727,77115,430
2019-08-16$10.81$14.0045.2%13.0%48.9%30.8%27.9%5.9%7.7%-106.9K11.8M-17.7K16.4778.77N/AN/A1722,83228,05414,166
2019-08-19$11.26$14.0045.7%13.1%52.7%31.4%44.7%5.9%1.5%-176.5K8.4M-22.8K0.6865.24N/AN/A1751198,21312,206
2019-08-20$10.89$14.0046.1%13.2%52.2%31.8%44.1%7.6%-1.2%-122.9K7.1M-19.5K1.3374.08N/AN/A52698,34510,504
2019-08-21$10.81$14.0042.7%12.2%51.1%27.9%42.3%8.4%3.2%-117.6K7.4M-18.1K1.8778.80N/AN/A921728,38710,536
2019-08-22$10.72$14.0046.3%13.3%51.0%32.1%45.1%7.6%-1.6%-113.7K7.0M-19.8K0.6979.24N/AN/A1,0527298,47310,487
2019-08-23$10.22$14.0050.6%14.5%51.3%36.9%50.7%7.3%-0.9%-81.4K6.9M-21.2K0.5373.42N/AN/A3141659,53811,232
2019-08-26$9.98$14.0055.0%15.8%50.7%42.0%51.4%9.5%-2.5%-73.4K6.7M-21.1K0.0279.16N/AN/A2,177479,70111,134
2019-08-27$9.68$14.0050.4%14.5%50.7%36.7%53.2%10.1%3.3%-27.6K5.7M-24.5K0.0578.12N/AN/A9974812,98911,186
2019-08-28$10.57$14.0050.9%14.6%63.6%37.3%52.1%13.2%3.4%-43.6K4.0M-32.7K0.0669.92N/AN/A3,04618113,92911,211
2019-08-29$10.90$14.0046.5%13.3%65.6%32.2%45.1%8.0%6.9%-7.6K2.8M-36.4K0.3874.90N/AN/A1,97774316,01011,265
2019-08-30$10.69$14.0051.7%14.8%65.3%38.2%47.7%14.6%-0.4%-5.6K3.6M-37.6K0.0180.31N/AN/A843916,23811,884