COMM Options History — July 2022

In July 2022, COMM traded between $5.96 and $9.02. ATM implied volatility averaged 84.5%, placing in the 63.3% IV rank vs the trailing year. The 30-day expected move averaged 24.5%. IV traded above realized volatility by 2.6% (HV 20d: 81.8%). Max pain ranged from $7.00 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.53.

Notable Days

  • 2022-07-01: Highest Volume — 14,128 contracts
  • 2022-07-11: Largest IV spike — 16.4% change
  • 2022-07-27: Highest IV Rank — 70.8%
  • 2022-07-27: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.97$5.96$9.02$5.96$9.02
Max Pain$7.60$7.00$8.00$7.00$7.00
ATM IV84.5%76.0%91.4%77.5%79.9%
Expected Move24.5%22.2%26.2%22.2%22.9%
HV 20d81.8%56.6%102.9%100.1%56.6%
HV 60d83.3%82.3%84.5%82.3%84.5%
IV Rank63.3%54.0%70.8%54.0%56.4%
IV Percentile92.4%84.1%97.2%89.3%84.1%
Term Structure-7.9%-14.7%7.9%7.9%-6.7%
VWIV75.0%57.5%93.6%72.0%86.7%
Skew 25d7.2%-12.1%16.6%-12.1%6.5%
Skew 10d28.2%-20.8%51.1%-9.3%33.1%
Call IV 25d81.1%77.1%85.4%77.1%78.8%
Put IV 25d88.3%64.9%98.0%64.9%85.3%
Bid-Ask Spread %63.1625.5175.0125.5165.11
Gamma HHI0.240.200.280.230.27
Net GEX185.6K45.1K386.5K45.1K386.5K
Net DEX-9.3M-25.6M-411.5K-411.5K-25.6M
Net VEX-67.4K-89.5K-40.4K-40.4K-89.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.032.500.030.35
Total Volume3,974.41,02714,12814,1282,625
Total OI58,607.250,09463,20250,09461,808

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$5.96$7.0077.5%22.2%100.1%54.0%72.0%-12.1%7.9%45.1K-411.5K-40.4K0.0325.51N/AN/A13,77235640,3779,717
2022-07-05$6.28$8.0087.4%25.3%102.9%67.3%61.3%7.7%-7.6%118.5K-4.6M-62.8K0.9372.51N/AN/A4,1883,87450,3519,711
2022-07-06$6.17$8.0082.5%25.5%99.7%67.8%64.3%4.8%-8.5%184.0K-5.4M-61.1K1.8871.24N/AN/A2,0853,91752,9997,377
2022-07-07$6.37$8.0084.4%24.9%101.1%65.1%62.5%5.3%-8.7%169.8K-6.0M-65.1K2.5069.24N/AN/A1,5533,88252,9889,757
2022-07-08$6.35$8.0076.0%24.9%99.6%65.2%60.6%5.5%-8.4%160.3K-5.5M-62.7K2.1970.63N/AN/A1,7733,88953,0129,758
2022-07-11$6.08$8.0088.5%25.1%99.9%65.9%60.2%5.6%-8.8%107.0K-3.8M-57.1K0.2151.88N/AN/A1,73136353,4419,761
2022-07-12$6.24$8.0089.4%24.8%95.3%64.7%57.5%8.1%-8.9%127.9K-4.8M-59.3K0.2453.36N/AN/A1,46235353,4479,590
2022-07-13$6.20$8.0088.7%25.4%92.9%67.5%61.6%10.5%-9.6%105.6K-4.3M-56.1K0.2050.61N/AN/A1,46229353,4769,590
2022-07-14$6.00$8.0085.1%24.4%93.1%63.0%65.3%7.6%-8.7%59.0K-3.0M-53.8K0.2161.98N/AN/A1,50731953,4769,542
2022-07-15$6.45$8.0081.8%23.4%87.9%58.8%80.7%7.7%-3.6%124.0K-6.1M-58.1K0.4568.23N/AN/A70831953,4899,576
2022-07-18$6.37$8.0086.6%24.8%67.7%64.8%81.5%9.1%-10.8%123.7K-5.5M-57.9K0.2865.15N/AN/A92926145,1865,127
2022-07-19$6.82$8.0082.3%23.6%69.0%59.4%80.6%9.7%-5.1%143.1K-6.6M-61.4K0.0556.57N/AN/A5,63628245,4215,129
2022-07-20$7.03$8.0084.3%24.2%69.9%62.0%80.8%2.3%-4.4%206.9K-9.2M-69.5K0.3275.01N/AN/A79025249,9285,118
2022-07-21$7.50$7.0082.3%23.6%71.1%59.4%78.4%1.8%-10.8%240.8K-11.8M-77.9K0.2858.14N/AN/A1,03928650,0085,125
2022-07-22$7.55$7.0083.4%23.9%71.1%60.8%90.0%9.7%-7.7%242.9K-12.2M-79.7K0.1568.19N/AN/A1,62524650,5815,277
2022-07-25$7.81$7.0084.5%24.2%69.9%62.3%90.4%13.7%-7.2%256.3K-13.5M-78.4K0.1069.90N/AN/A2,64226850,9825,285
2022-07-26$7.91$7.0090.8%26.0%69.8%70.1%87.3%15.9%-14.7%272.0K-15.4M-82.5K0.1674.44N/AN/A1,93430052,5705,317
2022-07-27$8.45$7.0091.4%26.2%61.2%70.8%93.6%16.6%-13.0%308.5K-19.5M-87.5K0.0770.91N/AN/A6,12240153,4135,350
2022-07-28$8.82$7.0082.9%23.8%58.0%60.2%84.1%8.2%-12.6%330.6K-22.4M-87.3K0.0764.56N/AN/A5,66438053,6355,449
2022-07-29$9.02$7.0079.9%22.9%56.6%56.4%86.7%6.5%-6.7%386.5K-25.6M-89.5K0.3565.11N/AN/A1,94667956,3485,460