COMM Options History — December 2023

In December 2023, COMM traded between $1.75 and $2.91. ATM implied volatility averaged 97.9%, placing in the 31.0% IV rank vs the trailing year. The 30-day expected move averaged 27.5%. IV traded below realized volatility by 4.5% (HV 20d: 102.4%). Max pain ranged from $1.50 to $3.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.58.

Notable Days

  • 2023-12-05: Highest Volume — 15,591 contracts
  • 2023-12-11: Largest IV spike — 66.9% change
  • 2023-12-01: Highest IV Rank — 41.4%
  • 2023-12-01: Largest Expected Move — 32.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.33$1.75$2.91$1.88$2.83
Max Pain$2.92$1.50$3.00$1.50$3.00
ATM IV97.9%76.3%127.3%111.8%96.1%
Expected Move27.5%24.4%32.1%32.1%27.6%
HV 20d102.4%91.2%109.1%103.0%91.2%
HV 60d135.6%130.8%139.5%131.0%136.1%
IV Rank31.0%23.8%41.4%41.4%31.0%
IV Percentile78.1%70.2%90.9%90.9%77.0%
Term Structure1.6%-13.0%12.2%-13.0%2.8%
VWIV95.6%83.8%113.9%113.9%98.4%
Skew 25d9.2%-15.4%32.5%-3.4%-6.2%
Skew 10d33.7%-1.2%89.7%5.6%-1.2%
Call IV 25d89.9%61.1%113.3%86.3%96.6%
Put IV 25d99.1%83.0%110.2%83.0%90.5%
Bid-Ask Spread %52.5113.0480.3141.7740.87
Gamma HHI0.210.170.350.230.18
Net GEX65.4K43.6K100.1K48.4K89.1K
Net DEX-6.4M-10.1M-3.3M-4.1M-9.8M
Net VEX-64.3K-87.2K-45.3K-51.5K-81.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.006.540.000.04
Total Volume1,733.17615,5915042,201
Total OI140,602.4134,747144,872144,384142,799

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$1.88$1.50111.8%32.1%103.0%41.4%113.9%-3.4%-13.0%48.4K-4.1M-51.5K0.0041.77N/AN/A5031136,4437,941
2023-12-04$1.92$3.0098.7%27.2%102.8%30.1%94.6%12.2%6.4%50.2K-7.5M-56.6K0.0780.31N/AN/A16711136,7797,938
2023-12-05$1.75$3.0093.9%26.9%108.6%29.5%97.3%16.9%-0.3%43.6K-3.3M-47.3K0.0065.55N/AN/A15,5838136,9357,937
2023-12-06$1.81$3.00120.0%29.4%109.1%35.2%103.8%-1.6%-4.1%44.2K-3.3M-46.0K0.0420.26N/AN/A80634131,0057,916
2023-12-07$1.83$3.00103.9%28.0%107.8%32.0%95.6%0.2%-0.7%47.9K-3.4M-45.3K0.0113.04N/AN/A6264131,7527,949
2023-12-08$1.83$3.0076.3%28.1%107.3%32.4%99.5%22.5%-3.9%45.5K-3.5M-46.5K0.5775.36N/AN/A5330131,4257,953
2023-12-11$2.06$3.00127.3%28.5%107.6%33.3%86.9%30.4%-3.7%56.2K-5.5M-56.9K0.1966.31N/AN/A541103131,4087,973
2023-12-12$2.08$3.0098.3%27.1%105.4%30.0%93.0%32.5%4.8%53.5K-4.0M-47.0K1.8869.48N/AN/A135254131,7168,072
2023-12-13$2.29$3.0085.2%24.4%106.6%23.8%85.8%32.1%9.0%48.9K-5.2M-56.9K0.3073.82N/AN/A402120131,7558,314
2023-12-14$2.55$3.0094.8%27.2%105.4%30.2%91.1%1.1%-0.7%85.1K-7.5M-70.4K0.0221.96N/AN/A1,02317131,7378,416
2023-12-15$2.54$3.0089.0%25.5%105.5%26.3%83.8%18.5%9.3%61.4K-7.3M-68.5K0.0377.75N/AN/A2,48973131,8268,419
2023-12-18$2.42$3.0094.7%27.2%104.3%30.1%96.2%11.6%-0.8%58.5K-5.4M-63.1K0.3374.09N/AN/A5719127,1297,618
2023-12-19$2.50$3.0090.6%26.0%104.5%27.4%86.6%11.3%6.0%62.4K-5.8M-65.5K0.0976.42N/AN/A25823127,1617,625
2023-12-20$2.46$3.0097.4%27.9%97.5%31.9%101.7%4.4%2.9%61.7K-5.9M-64.3K0.0070.59N/AN/A7,8214127,2687,647
2023-12-21$2.70$3.0095.8%27.5%100.3%30.8%98.3%6.1%6.9%83.2K-8.8M-80.5K0.0768.63N/AN/A13610135,0787,651
2023-12-22$2.71$3.0095.1%27.3%100.4%30.4%97.9%6.4%12.2%86.0K-8.8M-81.4K0.0018.29N/AN/A3030135,1127,660
2023-12-26$2.79$3.0093.4%26.8%93.8%29.2%102.3%-15.4%-2.1%83.5K-9.4M-82.2K0.1027.97N/AN/A19920134,8927,660
2023-12-27$2.83$3.0096.8%27.8%93.4%31.5%96.0%8.8%2.6%100.1K-10.0M-87.2K1.4227.80N/AN/A185262134,8437,660
2023-12-28$2.91$3.0098.7%28.3%93.0%32.8%90.2%-5.0%-1.6%97.8K-10.1M-86.3K6.5440.01N/AN/A24157134,9367,700
2023-12-29$2.83$3.0096.1%27.6%91.2%31.0%98.4%-6.2%2.8%89.1K-9.8M-81.9K0.0440.87N/AN/A2,12378134,9547,845