COMM Options History — April 2023

In April 2023, COMM traded between $4.50 and $6.09. ATM implied volatility averaged 73.4%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 21.7%. IV traded above realized volatility by 25.9% (HV 20d: 47.5%). Max pain ranged from $4.50 to $8.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 6.40.

Notable Days

  • 2023-04-27: Highest Volume — 7,727 contracts
  • 2023-04-12: Largest IV spike — 32.6% change
  • 2023-04-28: Highest IV Rank — 69.9%
  • 2023-04-28: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.18$4.50$6.09$6.09$4.91
Max Pain$7.66$4.50$8.00$7.00$4.50
ATM IV73.4%53.5%94.9%55.5%94.9%
Expected Move21.7%15.8%27.2%15.9%27.2%
HV 20d47.5%37.9%55.5%51.0%49.7%
HV 60d65.1%61.5%71.1%71.1%63.3%
IV Rank40.7%8.6%69.9%9.5%69.9%
IV Percentile65.5%4.8%97.2%7.1%97.2%
Term Structure-5.6%-16.8%16.8%16.0%-14.3%
VWIV73.5%41.2%92.8%55.0%90.5%
Skew 25d9.0%-2.6%25.6%17.2%5.5%
Skew 10d26.2%-20.2%83.7%11.0%10.9%
Call IV 25d67.1%34.0%94.2%34.0%88.6%
Put IV 25d76.1%49.2%94.1%51.1%94.1%
Bid-Ask Spread %62.7814.8890.7790.7775.70
Gamma HHI0.260.180.480.200.22
Net GEX474-53.9K97.7K14.4K97.7K
Net DEX-265.0K-6.5M1.2M19.4K-6.5M
Net VEX-38.9K-52.9K-35.0K-36.8K-52.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.400.0199.770.010.10
Total Volume2,336.947647,7278123,200
Total OI43,213.31637,33854,89337,33854,893

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$6.09$7.0055.5%15.9%51.0%9.5%55.0%17.2%16.0%14.4K19.4K-36.8K0.0190.77N/AN/A805726,25611,082
2023-04-04$5.96$7.0058.1%16.7%49.7%13.4%58.1%11.8%13.1%5.6K-206.2K-35.6K0.0120.29N/AN/A227226,96011,082
2023-04-05$5.92$7.0054.9%15.8%49.7%8.6%54.9%2.8%16.8%4.1K405.9K-35.0K0.0282.06N/AN/A4511027,17810,916
2023-04-06$5.84$8.0053.5%19.4%48.8%28.3%67.1%11.3%-0.5%-3.1K348.9K-35.8K0.0334.22N/AN/A7222327,58710,920
2023-04-10$5.84$8.0056.2%20.9%47.4%36.0%71.6%10.2%-4.4%-1.7K416.6K-35.3K0.0326.90N/AN/A6841828,30810,941
2023-04-11$5.86$8.0055.2%20.6%47.1%34.8%73.9%7.1%-6.1%-3.7K202.9K-37.5K0.5015.36N/AN/A2,0111,00128,94610,958
2023-04-12$5.53$8.0073.3%21.0%50.5%36.7%76.1%0.2%-6.6%-29.1K267.3K-40.6K0.0980.59N/AN/A9778931,03511,958
2023-04-13$5.49$8.0081.5%23.4%50.2%49.4%83.8%7.0%-11.5%-24.8K-122.5K-40.3K99.7735.67N/AN/A616,08631,70911,522
2023-04-14$5.30$8.0073.8%21.2%51.2%37.5%41.2%2.5%-6.4%-40.2K780.8K-38.4K0.0274.49N/AN/A1,1141931,70212,209
2023-04-17$4.92$8.0076.8%22.0%55.5%42.2%71.3%12.5%-7.8%-53.9K1.0M-36.3K14.4184.24N/AN/A2794,02132,47112,194
2023-04-18$4.81$8.0078.3%22.4%54.9%44.4%77.9%5.8%-7.0%-47.1K574.3K-37.6K0.2580.14N/AN/A1,30732132,82111,692
2023-04-19$4.67$8.0076.3%21.9%48.0%41.4%72.4%6.7%-8.7%-1.2K1.0M-37.1K2.2178.80N/AN/A7091,56636,35411,629
2023-04-20$4.54$8.0080.0%22.9%42.4%47.0%79.9%19.7%-16.8%-2.6K1.2M-37.6K0.6386.21N/AN/A1,13571336,48211,588
2023-04-21$4.53$8.0078.3%22.5%42.6%44.4%78.3%2.2%-5.8%3.2K584.4K-37.5K0.1883.20N/AN/A1,38324837,60310,679
2023-04-24$4.62$8.0082.2%23.6%43.5%50.4%80.7%13.5%-11.1%10.8K-343.3K-39.2K2.8376.72N/AN/A5351,51232,1159,711
2023-04-25$4.55$8.0085.7%24.6%41.2%55.7%84.8%25.6%-16.5%18.2K-865.7K-39.6K0.5677.06N/AN/A412332,6218,283
2023-04-26$4.50$8.0086.4%24.8%40.6%56.8%85.6%12.9%-12.9%17.8K-696.3K-37.5K0.0475.52N/AN/A5,15222332,6388,284
2023-04-27$4.55$8.0092.5%26.5%37.9%66.2%92.8%-2.6%-16.2%44.4K-3.2M-49.1K0.0114.88N/AN/A7,6745339,2478,479
2023-04-28$4.91$4.5094.9%27.2%49.7%69.9%90.5%5.5%-14.3%97.7K-6.5M-52.9K0.1075.70N/AN/A2,91728346,3858,508