COMM Options History — January 2024

In January 2024, COMM traded between $2.30 and $2.84. ATM implied volatility averaged 89.7%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded above realized volatility by 30.9% (HV 20d: 58.8%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 2.03.

Notable Days

  • 2024-01-24: Highest Volume — 2,991 contracts
  • 2024-01-09: Largest IV spike — 15.0% change
  • 2024-01-02: Highest IV Rank — 35.2%
  • 2024-01-02: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.51$2.30$2.84$2.84$2.33
Max Pain$2.55$2.50$3.00$3.00$2.50
ATM IV89.7%75.6%102.4%102.4%80.4%
Expected Move26.6%23.0%29.3%29.3%23.1%
HV 20d58.8%39.9%83.9%82.8%43.0%
HV 60d123.6%81.4%134.5%134.5%81.4%
IV Rank28.8%20.5%35.2%35.2%20.6%
IV Percentile69.3%51.2%82.9%82.9%51.2%
Term Structure6.2%-32.5%23.9%-2.9%22.3%
VWIV97.2%59.6%126.4%126.4%125.0%
Skew 25d13.4%-11.2%56.8%-11.2%-1.7%
Skew 10d48.9%-0.2%115.9%-0.2%37.9%
Call IV 25d85.7%58.2%114.7%114.7%69.9%
Put IV 25d99.1%68.2%116.7%103.5%68.2%
Bid-Ask Spread %65.0141.8285.2046.0753.42
Gamma HHI0.210.180.240.180.23
Net GEX75.9K68.4K89.5K89.5K77.5K
Net DEX-7.3M-10.5M-5.6M-10.5M-5.9M
Net VEX-66.9K-86.4K-50.9K-86.4K-55.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.030.0036.000.060.00
Total Volume483.90542,9912304
Total OI136,761.095122,904146,477143,454124,829

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$2.84$3.00102.4%29.3%82.8%35.2%126.4%-11.2%-2.9%89.5K-10.5M-86.4K0.0646.07N/AN/A21713135,5387,916
2024-01-03$2.79$3.0098.0%28.1%83.9%32.3%96.6%-10.8%1.7%82.5K-9.2M-81.2K0.0141.82N/AN/A1011135,5667,920
2024-01-04$2.75$2.5091.9%29.1%74.2%34.6%92.8%5.6%-5.1%73.3K-9.8M-82.9K36.0066.89N/AN/A7252135,5147,921
2024-01-05$2.75$2.5079.8%28.3%74.5%32.8%97.4%19.7%6.7%74.1K-8.9M-78.7K0.0150.96N/AN/A6444135,5188,172
2024-01-08$2.71$2.5075.6%27.9%75.5%31.8%102.6%14.9%12.5%71.9K-8.8M-73.6K0.2868.36N/AN/A329136,1088,168
2024-01-09$2.67$2.5087.0%28.4%76.2%33.1%59.6%15.1%0.8%71.8K-7.9M-70.2K0.0067.46N/AN/A630136,1148,176
2024-01-10$2.62$2.5095.5%27.4%67.5%30.6%0.0%5.1%3.9%70.0K-8.0M-71.9K0.0080.22N/AN/A2060136,0878,176
2024-01-11$2.46$2.5097.0%27.8%72.5%31.6%97.2%20.1%4.9%68.4K-6.7M-64.6K0.7373.64N/AN/A3022136,0288,176
2024-01-12$2.49$2.5093.7%26.9%64.8%29.4%97.3%24.4%3.5%68.8K-7.0M-67.8K0.4285.20N/AN/A125136,0538,194
2024-01-16$2.41$2.5091.4%26.2%53.2%27.9%95.0%-2.4%16.3%71.1K-5.9M-62.9K0.0375.50N/AN/A2,53886136,0618,199
2024-01-17$2.30$2.5097.4%27.9%55.4%31.9%88.7%56.8%5.5%73.3K-7.1M-70.7K0.9080.39N/AN/A558500137,9918,228
2024-01-18$2.37$2.5094.7%27.1%54.2%30.1%103.1%-3.1%13.6%73.9K-6.1M-62.5K0.0072.88N/AN/A1130138,5497,928
2024-01-19$2.37$2.5091.8%26.3%52.8%28.1%92.5%42.6%9.0%73.8K-6.2M-62.3K0.0274.19N/AN/A72612138,5497,905
2024-01-22$2.31$2.5080.2%23.0%53.2%20.5%80.4%16.4%23.9%75.0K-6.2M-57.5K0.1772.11N/AN/A15126119,6813,223
2024-01-23$2.42$2.5088.5%25.4%43.8%26.0%87.9%33.2%-5.1%78.0K-6.5M-59.9K0.6755.88N/AN/A12483119,7653,237
2024-01-24$2.42$2.5090.9%26.1%43.7%27.6%93.4%3.4%10.1%78.2K-6.6M-60.2K0.0056.75N/AN/A2,9901119,8593,267
2024-01-25$2.45$2.5092.8%26.6%42.3%28.8%111.0%6.1%10.2%81.3K-6.9M-62.3K0.0057.26N/AN/A70121,5963,268
2024-01-26$2.42$2.5089.3%25.6%41.6%26.5%97.3%-2.2%9.6%76.5K-5.6M-50.9K0.0365.68N/AN/A56016121,5993,268
2024-01-29$2.46$2.5084.4%24.2%40.5%23.2%103.2%34.5%-32.5%80.6K-6.5M-58.0K3.0061.84N/AN/A26121,5383,284
2024-01-30$2.46$2.5081.6%23.4%39.9%21.4%125.0%15.2%20.3%84.4K-6.8M-64.7K0.3258.75N/AN/A3110121,5383,276
2024-01-31$2.33$2.5080.4%23.1%43.0%20.6%0.0%-1.7%22.3%77.5K-5.9M-55.8K0.0053.42N/AN/A40121,5433,286