COMM Options History — December 2022

In December 2022, COMM traded between $6.79 and $8.84. ATM implied volatility averaged 60.4%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 9.5% (HV 20d: 51.0%). Max pain ranged from $7.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.54.

Notable Days

  • 2022-12-19: Highest Volume — 9,251 contracts
  • 2022-12-14: Largest IV drop — 24.1% change
  • 2022-12-27: Highest IV Rank — 21.8%
  • 2022-12-27: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.65$6.79$8.84$8.84$7.29
Max Pain$7.29$7.00$10.00$10.00$7.00
ATM IV60.4%53.3%74.8%54.8%59.8%
Expected Move16.4%15.3%17.4%15.7%17.1%
HV 20d51.0%43.4%121.1%121.1%52.6%
HV 60d87.4%80.7%89.6%88.2%80.7%
IV Rank16.5%10.9%21.8%13.1%20.4%
IV Percentile15.3%5.2%27.8%6.7%22.6%
Term Structure10.7%-1.3%18.3%1.1%12.4%
VWIV56.9%48.7%62.7%48.7%56.0%
Skew 25d0.5%-21.9%13.3%13.3%-2.9%
Skew 10d1.2%-28.3%24.8%14.1%-0.8%
Call IV 25d54.9%42.2%61.8%42.2%54.1%
Put IV 25d55.4%39.6%64.0%55.5%51.3%
Bid-Ask Spread %58.5217.9479.8563.3561.76
Gamma HHI0.440.220.570.220.52
Net GEX429.5K287.2K486.6K432.6K458.6K
Net DEX-5.9M-15.3M-945.6K-15.3M-6.7M
Net VEX-57.5K-87.4K-37.5K-87.4K-48.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.004.640.000.02
Total Volume1,376.143299,251291,011
Total OI121,732.524103,830132,552125,336113,238

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$8.84$10.0054.8%15.7%121.1%13.1%48.7%13.3%1.1%432.6K-15.3M-87.4K0.0063.35N/AN/A290110,04415,292
2022-12-02$8.59$10.0055.3%15.9%49.7%13.8%56.0%7.9%-1.3%391.5K-12.0M-80.1K0.0179.85N/AN/A3,02442110,03415,292
2022-12-05$8.11$7.0059.7%16.2%51.7%15.7%53.4%3.9%6.1%425.4K-6.0M-68.4K0.0372.39N/AN/A2,60087113,03915,294
2022-12-06$7.99$7.0066.3%16.4%48.8%16.4%58.5%4.0%5.5%465.6K-5.2M-66.9K0.6474.47N/AN/A5535115,37415,177
2022-12-07$7.83$7.0069.3%16.3%49.0%16.2%57.7%0.4%8.0%463.9K-4.1M-66.1K0.3870.24N/AN/A11745115,36715,177
2022-12-08$8.14$7.0066.9%16.1%44.2%15.1%59.2%1.3%8.9%486.6K-6.8M-69.3K0.2676.03N/AN/A1,756454115,43215,220
2022-12-09$7.79$7.0063.4%17.4%46.5%21.6%61.9%-0.8%3.2%455.2K-3.7M-65.2K0.0273.46N/AN/A1092116,92715,625
2022-12-12$8.00$7.0074.8%16.9%43.5%19.0%55.5%5.5%8.8%466.0K-5.3M-63.2K0.0149.88N/AN/A3243116,96514,361
2022-12-13$7.95$7.0072.5%16.4%43.4%16.7%57.9%0.3%13.6%471.0K-4.3M-60.5K0.2669.35N/AN/A8522116,91514,364
2022-12-14$8.04$7.0055.0%15.8%43.7%13.4%54.3%5.7%13.9%482.6K-5.4M-61.6K2.6770.19N/AN/A215574116,92814,216
2022-12-15$7.71$7.0054.9%15.7%45.0%13.3%55.9%1.2%18.3%475.3K-2.9M-55.5K1.6258.73N/AN/A79128117,10313,365
2022-12-16$7.42$7.0056.6%16.2%46.3%15.8%54.7%-5.4%14.6%439.2K-945.6K-50.8K0.1071.93N/AN/A1,970194117,14413,209
2022-12-19$7.03$7.0057.4%16.4%47.6%16.8%56.4%5.2%10.9%346.8K-5.3M-44.3K0.2652.64N/AN/A7,3551,896100,4103,420
2022-12-20$7.16$7.0058.7%16.8%48.5%18.8%57.8%6.2%11.9%401.3K-6.3M-48.2K0.1723.55N/AN/A24741106,3384,825
2022-12-21$7.25$7.0053.3%15.3%49.3%10.9%52.0%-4.5%13.8%443.5K-6.6M-49.3K0.0317.94N/AN/A2,09466106,2784,781
2022-12-22$7.17$7.0057.5%16.5%48.6%17.1%62.7%6.9%12.1%399.8K-5.8M-46.5K4.6452.40N/AN/A22102106,3204,843
2022-12-23$7.11$7.0053.9%15.5%48.4%11.9%53.9%-12.0%16.2%396.7K-5.4M-44.8K0.0038.72N/AN/A1,4462106,3404,943
2022-12-27$7.08$7.0060.7%17.4%44.2%21.8%62.4%2.4%13.9%372.6K-5.1M-42.9K0.0356.41N/AN/A1655107,0534,943
2022-12-28$6.79$7.0058.8%16.9%45.6%18.9%62.0%-21.9%16.9%287.2K-3.3M-37.5K0.0656.69N/AN/A1,744103107,0504,943
2022-12-29$7.29$7.0059.8%17.1%53.0%20.4%58.0%-5.9%15.9%457.6K-6.8M-49.3K0.1538.95N/AN/A56883107,7665,028
2022-12-30$7.29$7.0059.8%17.1%52.6%20.4%56.0%-2.9%12.4%458.6K-6.7M-48.9K0.0261.76N/AN/A99021108,1575,081