COMM Options History — May 2022

In May 2022, COMM traded between $6.22 and $7.59. ATM implied volatility averaged 78.6%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 1.4% (HV 20d: 77.2%). Max pain ranged from $6.00 to $9.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2022-05-04: Highest Volume — 7,004 contracts
  • 2022-05-05: Largest IV drop — 28.6% change
  • 2022-05-02: Highest IV Rank — 100.0%
  • 2022-05-02: Largest Expected Move — 32.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.94$6.22$7.59$6.22$7.59
Max Pain$6.43$6.00$9.00$9.00$6.00
ATM IV78.6%66.4%114.6%114.6%66.4%
Expected Move22.3%19.0%32.8%32.8%19.0%
HV 20d77.2%53.0%86.5%56.0%82.6%
HV 60d75.2%69.0%78.3%69.0%73.2%
IV Rank54.3%40.4%100.0%100.0%40.4%
IV Percentile81.7%67.1%100.0%100.0%67.1%
Term Structure-6.8%-37.3%1.7%-37.3%-3.4%
VWIV77.0%56.0%108.7%105.7%60.5%
Skew 25d9.8%2.5%20.2%20.2%17.8%
Skew 10d24.4%-20.1%54.1%42.3%7.8%
Call IV 25d73.3%53.4%103.0%100.7%53.4%
Put IV 25d83.1%70.2%120.9%120.9%71.2%
Bid-Ask Spread %63.5045.3988.1977.9647.72
Gamma HHI0.180.150.220.150.19
Net GEX133.1K43.8K202.9K43.8K202.9K
Net DEX-1.1M-7.2M3.0M3.0M-7.2M
Net VEX-59.8K-74.6K-49.5K-51.7K-60.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.071.920.151.72
Total Volume3,168.9521,0987,0043,7522,995
Total OI75,009.61941,89090,88584,58442,068

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$6.22$9.00114.6%32.8%56.0%100.0%105.7%20.2%-37.3%43.8K3.0M-51.7K0.1577.96N/AN/A3,25549765,21219,372
2022-05-03$6.32$9.00108.2%31.0%56.0%92.1%104.7%11.4%-23.9%49.1K2.6M-54.5K0.1675.49N/AN/A3,12248665,28319,378
2022-05-04$6.50$9.00106.9%30.6%53.0%90.5%108.7%11.5%-30.8%47.5K2.8M-54.5K0.0788.19N/AN/A6,52947565,40019,378
2022-05-05$7.27$6.0076.4%20.7%63.6%47.5%71.7%4.5%-0.6%136.4K-2.6M-73.0K0.2670.86N/AN/A2,48064871,50119,384
2022-05-06$7.53$6.0078.8%19.5%64.6%42.6%71.8%7.7%-1.3%134.6K-3.1M-74.6K0.7545.94N/AN/A1,5901,19171,07819,600
2022-05-09$6.71$6.0081.7%21.4%77.4%50.8%79.9%5.3%-3.1%141.9K678.1K-61.8K0.7376.80N/AN/A1,5181,10970,90919,516
2022-05-10$6.98$6.0075.8%22.0%78.1%53.0%79.8%5.5%-5.9%163.3K-107.1K-65.2K0.1782.07N/AN/A4,07268370,89119,530
2022-05-11$6.74$6.0072.5%20.8%78.9%47.9%78.1%2.5%0.8%108.6K1.2M-60.5K0.1449.25N/AN/A4,74064768,85519,537
2022-05-12$6.53$6.0082.5%23.7%79.2%60.3%84.8%4.5%-7.1%97.6K2.4M-55.5K0.1176.54N/AN/A4,70251468,88119,567
2022-05-13$7.25$6.0073.5%21.1%86.3%49.1%73.6%10.6%-2.6%127.5K138.2K-65.6K0.3964.70N/AN/A1,39154268,90119,588
2022-05-16$7.06$6.0076.8%22.0%85.4%53.3%78.1%9.6%-3.6%146.8K584.0K-62.8K0.3947.67N/AN/A1,44456068,95219,591
2022-05-17$7.33$6.0071.7%20.6%84.5%47.0%67.0%7.0%-1.3%167.2K-901.2K-65.5K0.2245.39N/AN/A2,27251169,07218,899
2022-05-18$7.00$6.0072.0%20.6%86.5%47.3%73.6%4.6%-2.2%166.6K295.4K-59.2K1.3667.43N/AN/A1,4551,97969,81718,187
2022-05-19$6.87$6.0070.4%20.2%84.8%45.3%69.9%9.3%-0.8%173.2K266.0K-59.6K1.3371.81N/AN/A1,4581,94369,90018,174
2022-05-20$6.74$6.0067.8%19.4%85.1%42.1%73.1%13.0%1.7%129.2K1.9M-53.9K0.4657.65N/AN/A1,32661669,90018,167
2022-05-23$6.77$6.0072.3%20.7%84.4%47.7%72.4%4.1%-4.0%133.5K-4.1M-54.0K0.3953.81N/AN/A1,10343135,9826,030
2022-05-24$6.65$6.0071.6%20.5%83.5%46.8%75.0%12.2%-2.1%123.8K-3.3M-49.5K0.6451.37N/AN/A68543536,1926,034
2022-05-25$7.01$6.0073.1%21.0%84.2%48.7%74.1%10.0%-6.4%146.3K-4.4M-54.3K0.7055.50N/AN/A64445436,2356,046
2022-05-26$7.29$6.0071.0%20.4%84.7%46.1%56.0%18.4%-4.9%168.9K-6.0M-59.9K1.9280.76N/AN/A1,0191,95736,2766,029
2022-05-27$7.38$6.0067.4%19.3%82.5%41.6%57.6%15.7%-4.2%186.3K-6.4M-59.4K1.6546.50N/AN/A1,1581,91236,6255,265
2022-05-31$7.59$6.0066.4%19.0%82.6%40.4%60.5%17.8%-3.4%202.9K-7.2M-60.0K1.7247.72N/AN/A1,1011,89436,8145,254