COMM Options History — August 2023

In August 2023, COMM traded between $3.21 and $4.53. ATM implied volatility averaged 84.6%, placing in the 39.1% IV rank vs the trailing year. The 30-day expected move averaged 23.8%. IV traded below realized volatility by 39.6% (HV 20d: 124.2%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-08-03: Highest Volume — 24,288 contracts
  • 2023-08-08: Largest IV drop — 20.5% change
  • 2023-08-01: Highest IV Rank — 100.0%
  • 2023-08-01: Largest Expected Move — 38.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.58$3.21$4.53$4.53$3.38
Max Pain$4.33$4.00$5.00$4.50$4.00
ATM IV84.6%65.0%135.4%135.4%65.0%
Expected Move23.8%18.6%38.8%38.8%18.6%
HV 20d124.2%69.4%140.8%80.4%69.4%
HV 60d97.7%74.8%102.3%74.8%97.1%
IV Rank39.1%18.1%100.0%100.0%18.1%
IV Percentile75.1%41.3%100.0%100.0%41.3%
Term Structure-2.9%-38.0%9.2%-38.0%6.7%
VWIV81.7%58.9%137.1%136.0%64.5%
Skew 25d-0.6%-30.0%20.8%-4.5%-30.0%
Skew 10d17.8%-25.6%41.3%20.8%-25.6%
Call IV 25d82.7%51.2%139.8%132.8%81.1%
Put IV 25d82.1%45.0%134.6%128.3%51.1%
Bid-Ask Spread %26.8914.9963.7653.6822.42
Gamma HHI0.220.200.260.260.22
Net GEX232.6K114.4K333.4K242.6K206.7K
Net DEX-11.5M-24.2M-3.3M-20.5M-11.7M
Net VEX-125.3K-178.4K-79.3K-176.2K-131.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.004.500.250.02
Total Volume3,895.2616224,2887,9194,693
Total OI163,474.522141,297188,330147,631149,424

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$4.53$4.50135.4%38.8%80.4%100.0%136.0%-4.5%-38.0%242.6K-20.5M-176.2K0.2553.68N/AN/A6,3471,572126,90620,725
2023-08-02$4.45$4.50130.7%37.5%80.0%94.5%137.1%-5.1%-27.0%236.9K-24.2M-178.4K0.5963.76N/AN/A6,1443,614133,01421,696
2023-08-03$3.23$5.00107.3%26.2%134.5%48.7%88.2%2.6%-5.1%114.4K-3.3M-100.9K0.4740.49N/AN/A16,4957,793139,07624,967
2023-08-04$3.21$5.0097.5%25.1%131.2%44.3%79.7%-2.3%-8.4%194.8K-6.8M-104.8K0.1821.99N/AN/A2,888513153,19720,360
2023-08-07$3.23$5.00102.4%25.6%131.4%46.4%74.3%3.6%-6.2%230.7K-8.5M-112.2K0.1144.31N/AN/A18920155,74219,809
2023-08-08$3.45$5.0081.3%24.1%135.7%40.4%79.4%5.3%-0.7%222.9K-9.6M-117.3K0.3419.28N/AN/A1,246429155,75119,692
2023-08-09$3.41$5.0085.6%24.5%134.2%42.1%89.2%-1.2%-4.4%227.6K-9.9M-120.9K1.1521.66N/AN/A96110156,68919,796
2023-08-10$3.75$5.0085.3%24.5%140.8%41.8%79.1%12.2%-11.0%280.0K-14.1M-133.8K3.5915.79N/AN/A7382,649156,66319,101
2023-08-11$3.71$4.5082.3%23.6%125.6%38.3%78.8%8.8%-3.3%284.4K-12.6M-124.7K0.0018.90N/AN/A2,1499157,16617,962
2023-08-14$3.70$4.0076.7%22.0%125.6%31.8%81.6%-0.4%-0.4%295.7K-12.6M-117.3K0.1718.20N/AN/A539159,22617,964
2023-08-15$3.88$4.0081.8%23.4%127.7%37.7%82.4%-1.1%-3.7%331.0K-17.5M-141.0K0.0020.34N/AN/A19,50430159,23917,960
2023-08-16$3.83$4.0076.6%22.0%127.7%31.7%78.2%-4.3%4.2%333.4K-13.7M-131.6K0.1620.43N/AN/A19932170,36317,967
2023-08-17$3.71$4.0080.6%23.1%126.7%36.3%82.7%-0.6%-2.8%258.3K-13.6M-142.0K0.0017.81N/AN/A9873170,26917,909
2023-08-18$3.73$4.0070.5%20.2%126.7%24.6%73.2%0.9%9.2%238.6K-13.3M-134.1K0.9358.65N/AN/A216200169,87117,723
2023-08-21$3.40$4.0072.3%20.7%129.8%26.6%70.6%4.5%3.0%192.9K-8.8M-112.5K0.0419.27N/AN/A5,467239133,6987,599
2023-08-22$3.59$4.0078.4%22.5%132.1%33.7%72.9%20.8%-0.0%243.8K-12.7M-138.9K1.3616.80N/AN/A258351137,5057,831
2023-08-23$3.50$4.0071.4%20.5%131.8%25.7%80.7%-0.2%3.5%225.6K-10.4M-133.3K0.1816.74N/AN/A1,130202137,8548,106
2023-08-24$3.30$4.0076.0%21.8%132.2%31.0%78.1%-15.0%5.5%201.2K-8.7M-112.4K0.1925.67N/AN/A1,094205138,9277,944
2023-08-25$3.38$4.0070.9%20.3%132.9%25.0%69.3%1.8%2.9%198.4K-6.1M-79.3K0.3521.68N/AN/A11039139,9818,141
2023-08-28$3.24$4.0071.9%20.6%133.0%26.2%58.9%7.5%5.0%188.0K-9.7M-118.6K0.1224.07N/AN/A51961140,0358,141
2023-08-29$3.35$4.0073.5%21.1%133.7%28.1%72.8%-14.9%0.6%196.5K-6.9M-94.8K2.7414.99N/AN/A223612140,4478,152
2023-08-30$3.35$4.0071.7%20.6%133.8%25.9%71.9%-2.0%4.9%204.4K-10.1M-125.4K4.5021.49N/AN/A28126140,5908,736
2023-08-31$3.38$4.0065.0%18.6%69.4%18.1%64.5%-30.0%6.7%206.7K-11.7M-131.6K0.0222.42N/AN/A4,62172140,5798,845