COMM Options History — December 2021

In December 2021, COMM traded between $10.04 and $11.37. ATM implied volatility averaged 70.0%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 11.3% (HV 20d: 58.7%). Max pain ranged from $10.00 to $11.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.31.

Notable Days

  • 2021-12-07: Highest Volume — 19,004 contracts
  • 2021-12-15: Largest IV drop — 35.2% change
  • 2021-12-03: Highest IV Rank — 100.0%
  • 2021-12-03: Largest Expected Move — 27.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.82$10.04$11.37$10.09$11.14
Max Pain$10.86$10.00$11.00$10.00$11.00
ATM IV70.0%45.8%116.2%83.3%45.8%
Expected Move17.3%13.1%27.5%23.9%13.1%
HV 20d58.7%48.9%82.8%82.8%52.8%
HV 60d60.8%56.5%62.8%56.5%60.6%
IV Rank43.4%19.4%100.0%86.7%19.4%
IV Percentile68.3%36.1%100.0%98.8%36.1%
Term Structure0.4%-23.4%8.3%-14.6%8.0%
VWIV60.2%43.2%93.7%86.2%46.3%
Skew 25d1.2%-7.9%10.3%-4.6%4.4%
Skew 10d-1.5%-35.7%15.9%-35.7%10.8%
Call IV 25d60.8%45.4%88.9%87.4%46.1%
Put IV 25d62.0%46.9%99.2%82.8%50.5%
Bid-Ask Spread %46.937.0174.5672.5860.54
Gamma HHI0.500.350.610.420.61
Net GEX1.4M802.2K2.9M1.0M1.3M
Net DEX-36.7M-55.3M-23.0M-29.3M-34.1M
Net VEX-234.5K-261.8K-216.3K-216.3K-234.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.090.750.280.16
Total Volume7,055.5453,19619,0043,8617,648
Total OI183,695.955166,506212,019173,465175,043

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$10.09$10.0083.3%23.9%82.8%86.7%86.2%-4.6%-14.6%1.0M-29.3M-216.3K0.2872.58N/AN/A3,024837156,05917,406
2021-12-02$10.24$10.0087.8%25.2%82.5%94.5%84.3%3.0%-20.0%1.1M-31.9M-223.1K0.3974.13N/AN/A2,337912157,53017,526
2021-12-03$10.04$10.0095.8%27.5%51.9%100.0%93.7%10.3%-23.4%1.0M-29.4M-217.5K0.6568.57N/AN/A2,0681,336158,44617,678
2021-12-06$10.21$11.0093.6%21.5%48.9%66.5%73.2%1.4%-5.5%1.1M-31.3M-218.9K0.4364.97N/AN/A2,241955159,06018,274
2021-12-07$11.36$11.0091.0%19.3%59.7%54.0%68.6%-0.1%-1.6%1.5M-54.5M-245.7K0.4454.46N/AN/A13,2235,781158,62918,493
2021-12-08$11.10$11.0097.3%18.5%60.3%49.6%65.3%-7.9%2.5%1.4M-47.5M-252.2K0.0937.98N/AN/A8,470766164,76623,553
2021-12-09$11.26$11.0090.6%18.7%58.8%50.6%64.9%-2.5%-1.7%1.7M-54.6M-261.0K0.7564.38N/AN/A4,5583,417170,49923,745
2021-12-10$11.37$11.0089.7%17.6%56.3%44.4%60.2%-1.8%2.0%1.8M-55.3M-261.8K0.4237.20N/AN/A3,7151,557172,37625,858
2021-12-13$11.24$11.00116.2%17.9%56.0%46.4%66.4%0.2%3.0%1.8M-52.8M-254.5K0.2872.53N/AN/A3,6681,014174,11726,279
2021-12-14$10.75$11.0088.6%16.5%57.8%38.6%60.1%2.6%2.3%1.6M-37.2M-232.9K0.2474.56N/AN/A9,8772,374174,68826,370
2021-12-15$10.75$11.0057.4%16.5%57.7%38.1%56.3%2.9%2.0%1.7M-35.6M-231.3K0.2569.23N/AN/A8,0392,015180,26026,189
2021-12-16$10.71$11.0055.5%15.9%57.7%35.0%58.8%-0.4%2.7%1.5M-35.5M-229.1K0.2060.22N/AN/A6,1341,244183,19225,518
2021-12-17$10.98$11.0053.4%15.3%57.9%31.7%53.2%0.2%5.5%2.9M-41.5M-235.3K0.2733.79N/AN/A4,9191,333186,24125,778
2021-12-20$10.36$11.0060.1%17.2%60.6%42.5%57.1%7.0%-1.2%802.2K-23.0M-217.2K0.1320.03N/AN/A9,1501,228147,57718,929
2021-12-21$10.74$11.0049.7%14.3%61.5%25.7%50.0%4.5%5.6%959.6K-27.3M-220.8K0.2539.47N/AN/A7,1771,759147,67418,958
2021-12-22$10.70$11.0050.4%14.4%55.5%26.8%49.7%1.0%5.6%1.0M-26.4M-224.7K0.3615.37N/AN/A4,1181,467150,64920,732
2021-12-23$10.80$11.0047.4%13.6%55.2%21.9%47.2%1.6%7.2%1.1M-28.9M-235.6K0.1938.62N/AN/A5,6871,106151,93621,318
2021-12-27$11.09$11.0046.5%13.3%55.7%20.5%46.7%3.2%8.1%1.3M-33.4M-240.7K0.337.01N/AN/A2,878952153,51821,398
2021-12-28$11.11$11.0046.3%13.3%55.0%20.2%46.2%2.7%7.2%1.3M-33.6M-238.8K0.2118.76N/AN/A4,555972153,59721,405
2021-12-29$10.98$11.0047.7%13.7%53.0%22.4%46.3%-3.0%8.3%1.2M-32.1M-234.6K0.2416.67N/AN/A4,3571,044153,54921,471
2021-12-30$11.08$11.0046.1%13.2%52.9%19.8%43.2%1.5%7.5%1.3M-33.3M-233.5K0.2431.43N/AN/A4,2901,020153,53321,494
2021-12-31$11.14$11.0045.8%13.1%52.8%19.4%46.3%4.4%8.0%1.3M-34.1M-234.7K0.1660.54N/AN/A6,5771,071153,54021,503