COMM Options History — February 2023

In February 2023, COMM traded between $7.22 and $8.68. ATM implied volatility averaged 71.3%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 7.1% (HV 20d: 64.2%). Max pain ranged from $7.00 to $9.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 1.36.

Notable Days

  • 2023-02-23: Highest Volume — 7,424 contracts
  • 2023-02-03: Largest IV drop — 39.8% change
  • 2023-02-01: Highest IV Rank — 53.1%
  • 2023-02-01: Largest Expected Move — 24.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.17$7.22$8.68$8.64$7.22
Max Pain$7.53$7.00$9.00$9.00$7.00
ATM IV71.3%53.5%96.5%84.8%56.5%
Expected Move20.7%15.3%24.3%24.3%16.2%
HV 20d64.2%42.1%82.2%71.4%82.2%
HV 60d59.2%55.1%69.4%58.8%69.4%
IV Rank33.4%3.8%53.1%53.1%8.6%
IV Percentile57.3%1.6%87.7%87.7%7.9%
Term Structure-8.3%-20.2%1.4%-13.0%-0.9%
VWIV71.9%52.4%84.3%83.2%52.7%
Skew 25d3.9%0.3%15.7%0.8%5.3%
Skew 10d9.9%-18.7%43.2%43.2%19.8%
Call IV 25d69.3%38.8%85.3%84.3%52.9%
Put IV 25d73.2%54.5%87.1%85.1%58.3%
Bid-Ask Spread %48.9615.8785.5557.4777.67
Gamma HHI0.270.180.520.200.30
Net GEX132.5K-34.8K226.7K185.2K166.0K
Net DEX-3.3M-8.9M-1.5M-5.4M-2.0M
Net VEX-51.3K-57.6K-43.4K-56.1K-43.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.360.019.139.130.02
Total Volume1,751.895217,4248511,653
Total OI41,287.05326,37746,84039,38538,287

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$8.64$9.0084.8%24.3%71.4%53.1%83.2%0.8%-13.0%185.2K-5.4M-56.1K9.1357.47N/AN/A8476730,8438,542
2023-02-02$8.68$8.0096.5%20.6%71.5%32.8%72.9%6.1%-7.3%176.9K-5.2M-57.6K8.7639.44N/AN/A11499930,8639,261
2023-02-03$8.46$8.0058.1%20.7%72.2%33.1%72.2%3.0%-5.1%120.7K-3.0M-54.2K0.5262.76N/AN/A2,8021,46531,74110,232
2023-02-06$8.21$8.0058.0%20.9%72.6%34.5%68.3%2.2%-5.7%89.3K-1.5M-53.0K0.0651.01N/AN/A3502233,70111,141
2023-02-07$8.36$8.0057.9%20.8%72.8%34.1%73.5%2.2%-4.9%118.7K-2.2M-53.5K0.1817.52N/AN/A2193933,90711,132
2023-02-08$8.21$8.0074.9%21.5%73.1%37.4%73.8%0.3%-8.8%95.7K-1.6M-52.3K0.3134.98N/AN/A16534,10311,156
2023-02-09$8.16$8.0071.3%20.4%72.6%31.9%78.3%2.6%-4.0%82.8K-1.5M-51.5K0.0138.22N/AN/A1,1031234,11411,153
2023-02-10$8.43$8.0074.3%21.3%56.8%36.5%73.2%1.8%-4.1%132.9K-3.0M-54.2K0.0643.24N/AN/A2051335,15611,164
2023-02-13$8.64$8.0080.9%23.2%48.0%46.9%82.3%7.0%-13.3%184.1K-4.1M-55.3K0.9927.68N/AN/A61260435,30711,163
2023-02-14$8.52$7.0078.1%22.4%48.0%42.6%77.7%4.2%-12.8%158.9K-3.0M-52.3K3.7415.87N/AN/A197135,82410,668
2023-02-15$8.63$7.0069.5%19.9%48.3%29.0%71.6%0.4%-4.6%226.7K-3.7M-53.3K0.4923.24N/AN/A42020635,90010,739
2023-02-16$8.23$7.0077.3%22.2%49.6%41.3%75.9%0.7%-16.7%23.6K-1.6M-48.8K0.2716.32N/AN/A2416636,12810,712
2023-02-17$7.97$7.0078.1%22.4%50.6%42.6%83.0%0.6%-14.2%-34.8K-2.4M-47.3K0.1971.62N/AN/A99019136,2188,891
2023-02-21$7.54$7.0082.6%23.7%53.1%49.7%81.2%3.4%-20.2%59.5K-2.3M-44.2K0.0276.96N/AN/A5,2298519,5056,872
2023-02-22$7.39$7.0083.8%24.0%42.1%51.5%84.3%1.9%-16.7%108.0K-2.8M-44.6K0.3785.55N/AN/A3,4481,26523,9446,948
2023-02-23$8.66$7.0057.3%16.4%71.1%9.8%52.4%15.7%-4.5%205.3K-8.9M-57.4K0.2362.25N/AN/A6,0231,40126,9598,046
2023-02-24$7.78$7.0053.5%15.3%81.5%3.8%53.5%1.6%1.4%215.6K-4.8M-50.7K0.3071.90N/AN/A1,19036329,1447,267
2023-02-27$7.50$7.0060.5%17.3%81.9%14.8%55.5%14.1%-2.6%203.0K-3.4M-46.0K0.1356.53N/AN/A88311130,2007,523
2023-02-28$7.22$7.0056.5%16.2%82.2%8.6%52.7%5.3%-0.9%166.0K-2.0M-43.4K0.0277.67N/AN/A1,6153830,7237,564