COMM Options History — April 2021

In April 2021, COMM traded between $15.40 and $17.38. ATM implied volatility averaged 46.7%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 4.3% (HV 20d: 42.5%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2021-04-30: Highest Volume — 20,141 contracts
  • 2021-04-08: Largest IV spike — 12.6% change
  • 2021-04-30: Highest IV Rank — 16.7%
  • 2021-04-30: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.53$15.40$17.38$15.51$16.45
Max Pain$16.38$15.00$17.00$16.00$17.00
ATM IV46.7%40.1%52.5%40.1%52.5%
Expected Move14.0%11.5%15.0%11.5%15.0%
HV 20d42.5%37.7%46.9%43.9%38.8%
HV 60d48.0%46.9%48.9%48.8%47.4%
IV Rank11.7%0.0%16.7%0.0%16.7%
IV Percentile8.8%0.0%25.0%0.0%25.0%
Term Structure-2.1%-6.7%9.8%9.8%-6.1%
VWIV48.8%40.6%52.4%40.6%52.4%
Skew 25d0.6%-5.0%3.0%-4.7%-5.0%
Skew 10d1.7%-12.0%18.2%-11.7%-4.0%
Call IV 25d49.3%40.8%56.9%40.8%56.9%
Put IV 25d49.9%36.1%52.9%36.1%51.8%
Bid-Ask Spread %42.4317.5879.3821.4156.46
Gamma HHI0.330.220.550.500.23
Net GEX-225.0K-1.2M1.6M-983.0K-634.4K
Net DEX-4.0M-30.9M6.5M5.5M2.3M
Net VEX-166.6K-179.5K-158.3K-174.8K-164.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.004.510.000.99
Total Volume3,614.4763720,1413720,141
Total OI65,121.90557,92482,23460,60762,397

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$15.51$16.0040.1%11.5%43.9%0.0%40.6%-4.7%9.8%-983.0K5.5M-174.8K0.0021.41N/AN/A37023,63736,970
2021-04-05$15.70$15.0041.8%14.3%43.4%13.2%50.7%2.3%-0.8%-969.2K3.4M-169.5K0.0139.70N/AN/A113123,65236,965
2021-04-06$15.49$15.0042.1%14.2%40.7%12.7%49.5%-1.3%-0.2%-1.1M5.0M-163.4K0.4033.23N/AN/A1064223,77136,964
2021-04-07$15.40$15.0041.2%14.3%40.6%13.3%49.0%1.7%-1.0%-1.2M6.5M-161.1K0.0424.54N/AN/A105423,77036,953
2021-04-08$16.35$15.0046.4%14.3%45.6%13.2%50.0%2.5%1.0%-663.5K-4.8M-165.5K0.0379.38N/AN/A10,07333023,80236,957
2021-04-09$17.36$15.0043.7%14.9%46.5%15.8%52.0%2.0%-3.0%840.4K-23.9M-166.1K0.0566.79N/AN/A15,72584932,98936,907
2021-04-12$17.38$15.0045.8%14.0%46.4%11.6%48.7%1.8%-1.3%1.6M-30.9M-166.3K4.5137.63N/AN/A9924,47039,04037,451
2021-04-13$17.23$17.0043.8%13.8%46.5%10.8%48.5%0.8%1.2%1.6M-24.6M-167.8K0.6124.07N/AN/A3,7542,29738,26741,061
2021-04-14$17.21$17.0047.0%13.5%46.5%9.3%46.8%0.3%-0.3%1.4M-22.5M-168.4K3.7519.24N/AN/A1,9227,20236,23142,686
2021-04-15$16.93$17.0047.0%13.5%46.9%9.4%47.1%2.6%-3.2%1.5M-10.9M-179.5K0.0917.58N/AN/A1,23011434,52747,707
2021-04-16$16.70$17.0044.1%12.6%44.7%5.4%45.1%0.6%-0.8%-598.6K-4.6M-169.3K0.7252.23N/AN/A21815632,53547,676
2021-04-19$16.69$17.0047.9%13.7%44.5%10.6%47.7%3.0%-3.9%-599.8K2.1M-166.9K0.0751.82N/AN/A1601122,72835,196
2021-04-20$16.24$17.0049.1%14.1%45.5%12.2%48.7%0.5%-4.0%-636.6K5.3M-167.0K0.3421.02N/AN/A2057022,83535,207
2021-04-21$16.57$17.0048.0%13.8%39.6%10.8%48.2%0.8%-4.0%-626.8K2.3M-166.3K0.3559.69N/AN/A1,41550122,86835,224
2021-04-22$16.24$17.0048.0%13.8%40.4%10.7%48.4%1.0%-2.8%-645.8K5.0M-168.0K0.3343.32N/AN/A662223,87535,722
2021-04-23$16.80$17.0047.4%13.6%39.2%9.8%49.0%-0.4%-3.2%-589.3K90.8K-163.7K0.0020.16N/AN/A73023,97435,742
2021-04-26$16.84$17.0052.2%15.0%38.8%16.4%49.5%0.6%-6.7%-588.7K-842.3K-168.4K0.0662.34N/AN/A3792324,00835,742
2021-04-27$16.70$17.0049.5%14.2%37.7%12.7%50.6%0.5%-3.7%-613.4K935.8K-162.5K0.5540.07N/AN/A744124,34735,763
2021-04-28$16.61$17.0052.0%14.9%37.8%16.0%51.3%0.6%-5.9%-623.0K1.2M-160.7K0.9170.84N/AN/A70764424,41135,794
2021-04-29$16.81$17.0051.9%14.9%37.7%16.0%51.3%2.4%-5.7%-614.5K-464.3K-158.3K0.6049.56N/AN/A1,02360924,82336,386
2021-04-30$16.45$17.0052.5%15.0%38.8%16.7%52.4%-5.0%-6.1%-634.4K2.3M-164.8K0.9956.46N/AN/A10,12310,01825,50436,893