COMM Options History — July 2021

In July 2021, COMM traded between $19.79 and $21.95. ATM implied volatility averaged 46.3%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 12.3% (HV 20d: 34.0%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2021-07-27: Highest Volume — 1,066 contracts
  • 2021-07-12: Largest IV spike — 23.3% change
  • 2021-07-30: Highest IV Rank — 31.8%
  • 2021-07-30: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.92$19.79$21.95$21.95$21.14
Max Pain$20.10$20.00$21.00$21.00$20.00
ATM IV46.3%33.9%56.3%34.4%56.3%
Expected Move14.1%9.7%16.1%9.9%16.1%
HV 20d34.0%26.9%41.1%26.9%39.6%
HV 60d31.3%28.8%33.7%32.5%33.7%
IV Rank20.4%0.2%31.8%0.7%31.8%
IV Percentile33.0%1.2%64.3%1.2%64.3%
Term Structure-4.1%-12.0%13.1%11.8%-10.5%
VWIV49.7%36.0%57.4%36.8%57.4%
Skew 25d-0.4%-7.6%2.6%-2.8%-0.3%
Skew 10d-0.7%-13.7%4.0%-9.8%-13.7%
Call IV 25d50.2%35.1%57.7%37.2%57.7%
Put IV 25d49.8%27.6%57.5%34.4%57.4%
Bid-Ask Spread %50.7423.1277.6549.2957.09
Gamma HHI0.310.300.320.300.31
Net GEX-157.6K-406.6K107.6K69.7K-121.8K
Net DEX-29.7M-46.5M-11.7M-46.5M-34.8M
Net VEX-426.8K-455.6K-402.6K-455.6K-402.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.002.460.062.46
Total Volume260111,066745308
Total OI122,441121,285123,538122,176122,966

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$21.95$21.0034.4%9.9%26.9%0.7%36.8%-2.8%11.8%69.7K-46.5M-455.6K0.0649.29N/AN/A7024354,87167,305
2021-07-02$21.49$21.0033.9%9.7%28.2%0.2%36.0%-7.6%13.1%17.3K-38.7M-452.1K0.1771.73N/AN/A2624454,71367,338
2021-07-06$21.43$20.0035.4%13.5%28.2%16.7%46.8%2.6%-2.7%23.1K-37.7M-443.6K0.1640.84N/AN/A1292154,80367,342
2021-07-07$21.56$20.0037.4%13.5%27.2%16.3%46.7%-0.2%-2.8%81.8K-39.7M-445.1K0.1636.87N/AN/A2283754,82967,341
2021-07-08$20.90$20.0037.2%13.6%29.5%17.1%48.0%-0.2%-2.7%-182.4K-30.0M-441.2K0.3456.94N/AN/A1254354,74267,321
2021-07-09$21.71$20.0034.8%13.5%32.6%16.7%47.1%0.6%-2.1%107.6K-41.6M-443.9K0.5724.01N/AN/A774454,74968,345
2021-07-12$21.53$20.0042.9%13.9%32.4%18.3%48.2%-2.1%-2.1%90.0K-39.1M-435.5K0.0230.79N/AN/A174354,77868,326
2021-07-13$21.47$20.0039.2%13.9%32.4%18.2%48.6%0.1%-2.8%44.8K-38.3M-434.4K0.0023.12N/AN/A62054,92168,326
2021-07-14$21.35$20.0048.0%13.8%32.3%17.7%48.7%-1.3%-4.5%2.4K-36.3M-435.6K0.1130.81N/AN/A1862055,00368,326
2021-07-15$20.62$20.0048.1%13.8%34.1%17.8%49.1%0.2%-7.1%-331.2K-24.1M-433.8K0.4143.23N/AN/A1666855,12368,335
2021-07-16$20.55$20.0048.2%13.8%32.9%18.0%48.7%-1.3%-3.8%-292.8K-23.6M-427.2K0.9650.85N/AN/A12411955,18168,357
2021-07-19$19.79$20.0052.0%14.9%34.2%22.7%54.1%0.1%-7.1%-400.1K-11.7M-419.0K0.2244.81N/AN/A2645854,23967,046
2021-07-20$20.23$20.0051.1%14.7%33.8%23.1%52.1%2.4%-4.6%-350.0K-17.9M-422.1K1.1352.91N/AN/A566354,39167,026
2021-07-21$20.87$20.0050.6%14.5%35.5%23.7%50.7%0.2%-6.2%-234.9K-28.5M-425.1K0.0137.20N/AN/A346354,44167,081
2021-07-22$19.95$20.0051.2%14.7%38.9%24.6%51.9%-0.6%-5.6%-384.8K-14.9M-405.7K0.1957.46N/AN/A891754,99767,084
2021-07-23$20.40$20.0051.6%14.8%39.8%25.1%52.8%0.7%-7.4%-299.1K-21.3M-418.3K0.1056.35N/AN/A21255,04967,111
2021-07-26$20.59$20.0054.1%15.5%37.6%28.7%54.5%1.4%-9.1%-298.3K-23.7M-406.2K0.0072.89N/AN/A39055,04967,111
2021-07-27$20.12$20.0054.1%15.5%38.3%28.7%55.9%0.5%-8.9%-406.6K-17.1M-406.5K0.0275.68N/AN/A1,0442255,04467,112
2021-07-28$20.43$20.0056.2%16.1%38.7%31.6%53.6%-1.4%-9.8%-368.1K-21.4M-405.2K0.5777.65N/AN/A7455,06267,112
2021-07-29$21.21$20.0055.5%15.9%41.1%30.6%56.7%1.2%-12.0%-75.1K-35.9M-404.0K1.1675.05N/AN/A20423655,86367,102
2021-07-30$21.14$20.0056.3%16.1%39.6%31.8%57.4%-0.3%-10.5%-121.8K-34.8M-402.6K2.4657.09N/AN/A8921955,86267,104