COMM Options History — October 2023

In October 2023, COMM traded between $1.50 and $3.45. ATM implied volatility averaged 112.0%, placing in the 69.9% IV rank vs the trailing year. The 30-day expected move averaged 33.1%. IV traded above realized volatility by 24.2% (HV 20d: 87.7%). Max pain ranged from $1.50 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 7.81.

Notable Days

  • 2023-10-30: Highest Volume — 31,684 contracts
  • 2023-10-30: Largest IV spike — 38.0% change
  • 2023-10-25: Highest IV Rank — 100.0%
  • 2023-10-30: Largest Expected Move — 57.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.49$1.50$3.45$3.45$1.50
Max Pain$2.91$1.50$4.00$3.00$1.50
ATM IV112.0%62.7%200.1%72.9%176.0%
Expected Move33.1%20.9%57.4%20.9%50.5%
HV 20d87.7%48.9%180.6%48.9%178.7%
HV 60d94.7%72.0%118.1%92.9%118.0%
IV Rank69.9%27.4%100.0%27.4%84.0%
IV Percentile94.2%60.7%100.0%60.7%99.6%
Term Structure-17.6%-49.5%12.9%12.0%-20.8%
VWIV114.6%73.0%197.4%73.0%190.7%
Skew 25d-1.3%-45.6%67.3%29.7%-45.6%
Skew 10d19.1%-22.9%105.5%24.3%-22.9%
Call IV 25d114.1%58.1%182.0%58.1%182.0%
Put IV 25d112.8%61.5%216.4%87.7%136.4%
Bid-Ask Spread %43.1511.2573.4773.4715.52
Gamma HHI0.200.160.250.240.18
Net GEX108.5K45.6K215.1K215.1K69.1K
Net DEX-5.3M-11.3M-2.0M-11.3M-2.8M
Net VEX-72.7K-124.3K-38.6K-124.3K-38.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.810.0094.500.030.58
Total Volume3,849.6821631,6847,8951,967
Total OI162,511.182148,903206,430149,021206,430

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$3.45$3.0072.9%20.9%48.9%27.4%73.0%29.7%12.0%215.1K-11.3M-124.3K0.0373.47N/AN/A7,694201141,9907,031
2023-10-03$3.06$3.0085.0%24.4%64.2%41.4%85.1%-6.1%5.5%172.4K-8.4M-105.2K0.0316.74N/AN/A1,71359148,4447,098
2023-10-04$2.91$3.0079.7%22.8%66.0%35.3%82.3%-34.3%12.9%130.7K-5.9M-79.5K1.3059.52N/AN/A148192141,9917,116
2023-10-05$2.63$4.0093.2%27.5%73.6%54.3%94.0%-26.7%-12.3%99.7K-4.8M-74.4K0.8361.89N/AN/A1,7401,438142,0556,848
2023-10-06$2.67$3.0089.9%28.1%71.7%56.6%105.6%-2.2%-1.5%101.5K-4.6M-70.8K0.6436.81N/AN/A12983143,5318,206
2023-10-09$2.75$3.0062.7%29.2%73.1%61.0%98.9%2.2%-20.8%116.2K-5.8M-83.3K0.0262.96N/AN/A2795143,5678,262
2023-10-10$2.77$3.0078.2%30.5%71.9%66.4%104.3%-11.4%-14.5%122.7K-6.4M-85.9K0.1421.08N/AN/A142143,7688,257
2023-10-11$2.65$3.00101.4%29.1%72.1%60.5%100.8%-9.3%-18.7%95.3K-4.3M-71.0K6.1061.85N/AN/A59360143,7798,236
2023-10-12$2.56$3.00106.5%30.5%71.5%66.5%107.3%10.5%-15.4%116.7K-6.3M-81.7K0.7432.35N/AN/A424315153,9818,503
2023-10-13$2.33$3.00108.1%31.0%76.5%68.2%111.1%-17.9%-13.5%82.6K-3.3M-57.0K25.2863.84N/AN/A25632154,0078,809
2023-10-16$2.51$3.00114.6%32.9%83.2%75.9%104.5%1.3%-18.8%97.1K-7.7M-87.3K0.0366.92N/AN/A53315154,0129,371
2023-10-17$2.54$3.00107.4%30.8%83.3%67.4%108.3%0.8%-22.0%100.2K-4.3M-65.0K17.5471.16N/AN/A13228154,5309,380
2023-10-18$2.37$3.00107.2%30.7%85.3%67.2%106.6%15.4%-14.6%87.4K-3.7M-61.3K6.7321.24N/AN/A41276154,5309,796
2023-10-19$2.34$3.00118.1%33.8%84.9%79.8%106.5%14.1%-27.2%92.2K-3.8M-66.1K15.6565.09N/AN/A52814154,5739,692
2023-10-20$2.35$3.00115.2%33.0%85.2%76.6%78.8%13.1%-21.5%85.9K-3.1M-60.5K94.5060.82N/AN/A121,134154,59610,006
2023-10-23$2.24$3.00108.5%31.1%85.6%68.7%125.9%-26.3%-21.2%74.2K-3.0M-54.4K0.6920.91N/AN/A173120146,5278,386
2023-10-24$2.45$3.00118.7%34.0%93.7%80.6%119.8%8.4%-30.9%86.7K-3.3M-52.5K0.0111.25N/AN/A21,152141146,7318,466
2023-10-25$2.40$3.00137.3%39.4%93.7%100.0%137.6%-6.5%-42.4%103.0K-5.4M-75.7K0.0065.28N/AN/A10,22626159,4598,430
2023-10-26$2.52$2.50137.8%39.5%96.0%100.0%140.2%3.3%-19.2%155.1K-8.8M-85.9K0.7116.95N/AN/A299213169,6018,446
2023-10-27$2.38$2.50145.0%41.6%90.6%100.0%142.9%-9.4%-32.6%136.8K-7.7M-80.7K0.1320.21N/AN/A557169,7428,649
2023-10-30$1.50$2.50200.1%57.4%180.6%100.0%197.4%67.3%-49.5%45.6K-2.0M-38.7K0.0723.34N/AN/A29,5762,108169,7708,644
2023-10-31$1.50$1.50176.0%50.5%178.7%84.0%190.7%-45.6%-20.8%69.1K-2.8M-38.6K0.5815.52N/AN/A1,241726196,30210,128