COMM Options History — August 2021

In August 2021, COMM traded between $14.52 and $20.79. ATM implied volatility averaged 41.3%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 39.5% (HV 20d: 80.8%). Max pain ranged from $15.00 to $22.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.99.

Notable Days

  • 2021-08-05: Highest Volume — 18,264 contracts
  • 2021-08-05: Largest IV drop — 38.1% change
  • 2021-08-04: Highest IV Rank — 44.0%
  • 2021-08-04: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.27$14.52$20.79$20.62$15.68
Max Pain$16.95$15.00$22.00$20.00$15.00
ATM IV41.3%35.0%65.0%61.9%36.5%
Expected Move11.8%10.0%18.6%17.7%10.5%
HV 20d80.8%39.9%89.9%39.9%85.7%
HV 60d53.5%31.6%57.1%33.6%57.1%
IV Rank11.4%2.0%44.0%39.7%4.5%
IV Percentile20.5%4.0%82.5%80.6%8.7%
Term Structure1.4%-17.7%10.3%-15.7%1.2%
VWIV41.3%34.3%64.5%60.1%36.4%
Skew 25d1.3%-1.7%5.0%-1.7%-0.8%
Skew 10d4.1%-8.1%20.2%-4.1%-4.6%
Call IV 25d40.9%33.7%62.9%61.6%35.6%
Put IV 25d42.2%34.7%67.9%59.9%34.8%
Bid-Ask Spread %62.108.6991.0569.9573.07
Gamma HHI0.270.200.370.310.34
Net GEX199.3K-1.8M1.8M-313.6K1.7M
Net DEX12.8M-29.3M46.6M-26.6M-15.3M
Net VEX-278.2K-394.4K-193.1K-389.7K-282.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.990.0118.7418.740.49
Total Volume3,950.18218318,2643,731281
Total OI133,008.318106,455156,562123,241126,050

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$20.62$20.0061.9%17.7%39.9%39.7%60.1%-1.7%-15.7%-313.6K-26.6M-389.7K18.7469.95N/AN/A1893,54255,94267,299
2021-08-03$20.79$20.0062.4%17.9%40.0%40.4%64.4%3.7%-15.9%-231.8K-29.3M-394.4K1.4473.19N/AN/A15322155,96267,135
2021-08-04$20.69$22.0065.0%18.6%40.0%44.0%64.5%5.0%-17.7%-422.8K-23.8M-393.3K0.9074.82N/AN/A1029256,02869,739
2021-08-05$16.45$20.0040.2%11.3%89.9%8.0%41.0%1.6%7.8%-160.5K41.3M-259.8K0.1191.05N/AN/A16,4611,80356,01369,885
2021-08-06$16.61$20.0039.0%11.7%88.3%11.3%40.5%1.9%5.6%-159.7K41.6M-263.8K0.2071.43N/AN/A69714256,03569,829
2021-08-09$16.18$17.0038.7%11.2%88.4%8.8%37.8%0.9%5.3%219.7K27.8M-283.8K0.2066.47N/AN/A5,7071,16869,96167,160
2021-08-10$15.95$17.0039.0%11.0%88.3%7.4%39.5%0.6%6.7%254.0K30.4M-282.6K0.0751.40N/AN/A1711270,37567,879
2021-08-11$15.99$17.0038.1%10.9%88.5%7.2%38.6%-0.4%7.4%455.1K31.1M-270.7K2.5266.61N/AN/A6061,52575,05668,870
2021-08-12$15.48$17.0037.9%10.9%88.4%6.7%38.2%2.3%6.6%213.8K37.6M-245.6K0.0245.86N/AN/A5,1268275,06668,866
2021-08-13$14.99$17.0036.4%10.4%88.5%4.4%38.0%0.4%7.6%-81.0K41.1M-226.9K4.2171.82N/AN/A7733,25275,06768,914
2021-08-16$14.70$17.0038.0%10.9%88.2%6.8%38.8%1.0%6.0%-24.4K39.6M-217.7K1.5632.55N/AN/A9514879,62366,748
2021-08-17$14.52$17.0038.5%11.0%87.1%7.8%38.7%0.0%6.6%-355.0K46.6M-193.1K0.0358.75N/AN/A3,1219880,24769,856
2021-08-18$14.84$17.0039.4%11.3%86.5%9.2%38.2%0.4%5.0%-693.8K42.6M-225.3K0.0474.36N/AN/A3,35912380,28671,456
2021-08-19$14.88$15.0039.3%11.3%86.1%9.1%37.8%2.7%-1.5%-848.6K39.2M-228.1K0.4059.89N/AN/A3,3851,34383,31570,641
2021-08-20$15.11$15.0039.0%11.2%85.7%8.5%37.8%1.8%10.3%-1.8M32.5M-231.5K0.5060.45N/AN/A4,3432,15386,03870,524
2021-08-23$15.53$15.0036.3%10.4%86.6%4.1%36.3%2.8%1.5%572.5K-3.7M-257.5K0.018.69N/AN/A4,7933272,16534,290
2021-08-24$15.82$15.0037.4%10.7%87.3%5.9%38.5%2.0%0.3%774.0K-10.0M-286.8K0.4347.27N/AN/A31413676,47335,629
2021-08-25$15.86$15.0037.4%10.7%86.9%6.0%37.3%1.4%0.8%1.0M-13.7M-291.2K1.3264.78N/AN/A3,8155,04980,35935,649
2021-08-26$15.52$15.0036.5%10.5%84.9%4.5%36.7%0.4%0.9%996.9K-8.8M-280.8K1.0475.77N/AN/A4,8715,06682,55635,756
2021-08-27$15.93$15.0035.0%10.0%86.1%2.0%34.3%2.0%2.2%1.5M-18.4M-314.5K0.0260.30N/AN/A277690,67940,783
2021-08-30$15.90$15.0036.1%10.4%86.1%3.9%36.0%1.0%0.6%1.8M-20.8M-300.6K9.4767.79N/AN/A2172,05589,84236,137
2021-08-31$15.68$15.0036.5%10.5%85.7%4.5%36.4%-0.8%1.2%1.7M-15.3M-282.9K0.4973.07N/AN/A1899289,90836,142