COMM Options History — November 2023

In November 2023, COMM traded between $1.37 and $1.92. ATM implied volatility averaged 119.4%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 33.3%. IV traded below realized volatility by 60.8% (HV 20d: 180.2%). Max pain ranged from $1.50 to $1.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.71.

Notable Days

  • 2023-11-09: Highest Volume — 33,442 contracts
  • 2023-11-30: Largest IV drop — 30.3% change
  • 2023-11-01: Highest IV Rank — 79.6%
  • 2023-11-01: Largest Expected Move — 48.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.66$1.37$1.92$1.37$1.65
Max Pain$1.50$1.50$1.50$1.50$1.50
ATM IV119.4%64.5%193.8%169.4%64.5%
Expected Move33.3%18.5%48.6%48.6%18.5%
HV 20d180.2%105.0%199.5%179.7%105.0%
HV 60d123.8%117.9%127.9%117.9%127.7%
IV Rank44.4%10.0%79.6%79.6%10.0%
IV Percentile85.9%29.8%99.2%99.2%29.8%
Term Structure-10.0%-48.6%35.1%-24.0%26.3%
VWIV110.3%58.8%165.8%165.8%100.8%
Skew 25d15.7%-32.2%67.7%-32.2%-11.0%
Skew 10d28.7%0.8%167.6%5.0%15.1%
Call IV 25d89.6%49.6%144.9%137.8%75.8%
Put IV 25d105.3%64.8%165.1%105.6%64.8%
Bid-Ask Spread %40.1721.5567.3021.5533.48
Gamma HHI0.240.190.460.200.23
Net GEX55.7K35.9K84.5K55.4K39.1K
Net DEX-3.4M-7.2M-976.9K-2.0M-2.3M
Net VEX-42.0K-57.1K-22.8K-35.6K-38.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.710.0023.180.810.00
Total Volume2,812.4297933,4424842,222
Total OI183,398.857139,942213,134208,230142,206

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$1.37$1.50169.4%48.6%179.7%79.6%165.8%-32.2%-24.0%55.4K-2.0M-35.6K0.8121.55N/AN/A267217197,45310,777
2023-11-02$1.58$1.50170.3%41.0%188.9%62.1%143.8%20.2%-31.5%75.1K-3.0M-37.8K0.0242.47N/AN/A1,45026197,70110,994
2023-11-03$1.63$1.50160.8%40.3%189.4%60.4%140.0%-3.1%4.4%39.2K-3.7M-41.1K0.1539.63N/AN/A37254198,92411,022
2023-11-06$1.60$1.50193.8%47.3%188.3%76.6%102.3%67.7%-45.0%84.5K-6.2M-57.1K0.0550.83N/AN/A21611199,15110,902
2023-11-07$1.60$1.50153.0%46.7%188.2%75.3%76.5%48.5%-48.6%35.9K-3.5M-38.7K0.7461.03N/AN/A9470199,26310,908
2023-11-08$1.54$1.50143.6%41.2%188.1%62.5%143.6%30.2%-43.9%76.1K-3.1M-38.9K0.1138.50N/AN/A25227199,34710,932
2023-11-09$1.60$1.50121.0%34.7%189.5%47.5%124.8%13.5%-14.1%77.9K-2.8M-38.4K0.0062.64N/AN/A33,342100199,51610,925
2023-11-10$1.46$1.50116.8%33.5%189.4%44.7%0.0%22.1%-7.9%67.6K-2.1M-33.4K0.0164.12N/AN/A1,13513202,24310,891
2023-11-13$1.40$1.5094.5%27.1%185.9%30.0%71.8%22.3%35.1%63.8K-976.9K-22.8K0.4839.18N/AN/A537260198,77510,850
2023-11-14$1.52$1.50107.2%30.7%189.6%38.4%107.3%-26.6%-6.4%80.4K-2.6M-35.2K23.1832.75N/AN/A501,159198,98210,341
2023-11-15$1.71$1.50123.0%35.3%195.4%48.9%118.1%23.8%-24.2%44.3K-7.2M-49.7K0.0458.80N/AN/A7,446293198,9529,994
2023-11-16$1.71$1.50125.0%35.8%195.5%50.2%112.0%28.9%-18.2%44.9K-4.6M-51.5K0.0331.20N/AN/A4,633151196,52410,269
2023-11-17$1.88$1.50103.7%29.7%199.3%36.0%103.8%44.2%4.2%48.9K-4.1M-48.3K0.0467.30N/AN/A1,33557194,06810,361
2023-11-20$1.92$1.50103.2%29.6%199.1%35.7%93.5%46.7%-8.4%52.4K-3.6M-52.0K0.0522.19N/AN/A1,09754133,0206,922
2023-11-21$1.75$1.5099.1%28.4%197.8%33.0%118.2%36.4%19.3%41.2K-2.6M-40.1K0.2843.88N/AN/A9426133,7936,987
2023-11-22$1.85$1.50108.1%31.0%199.5%39.0%97.0%-2.6%-14.9%47.7K-3.5M-49.7K1.2823.53N/AN/A527672133,8417,013
2023-11-24$1.87$1.5097.3%27.9%198.4%31.8%0.0%7.8%-5.9%71.3K-5.0M-45.4K2.7224.04N/AN/A43117134,1037,713
2023-11-27$1.73$1.5087.0%24.9%199.1%25.0%106.8%-30.3%-14.8%42.6K-3.1M-45.8K0.3225.01N/AN/A19262134,0627,629
2023-11-28$1.73$1.5073.8%21.2%109.2%16.2%58.8%18.9%13.7%39.8K-2.5M-40.9K5.4429.51N/AN/A48261134,1957,678
2023-11-29$1.73$1.5092.4%26.5%109.2%28.6%100.8%3.2%-4.4%40.7K-2.8M-41.4K0.1331.92N/AN/A709134,2217,928
2023-11-30$1.65$1.5064.5%18.5%105.0%10.0%0.0%-11.0%26.3%39.1K-2.3M-38.0K0.0033.48N/AN/A2,2184134,2697,937