COMM Options History — February 2024

In February 2024, COMM traded between $1.23 and $2.38. ATM implied volatility averaged 111.7%, placing in the 44.6% IV rank vs the trailing year. The 30-day expected move averaged 33.4%. IV traded above realized volatility by 39.4% (HV 20d: 72.3%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.03.

Notable Days

  • 2024-02-28: Highest Volume — 6,154 contracts
  • 2024-02-05: Largest IV spike — 68.0% change
  • 2024-02-28: Highest IV Rank — 89.6%
  • 2024-02-28: Largest Expected Move — 52.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.07$1.23$2.38$2.38$1.23
Max Pain$2.20$2.00$2.50$2.50$2.00
ATM IV111.7%60.4%184.4%83.1%82.0%
Expected Move33.4%23.5%52.9%26.5%23.5%
HV 20d72.3%44.3%161.6%44.3%161.6%
HV 60d82.0%77.5%111.4%81.3%111.4%
IV Rank44.6%21.7%89.6%28.6%21.7%
IV Percentile85.7%49.2%99.6%67.1%49.2%
Term Structure-17.8%-62.2%18.4%7.7%-0.2%
VWIV122.7%87.9%199.1%101.3%107.1%
Skew 25d6.8%-122.4%73.3%-5.0%-65.8%
Skew 10d20.4%-26.0%88.7%16.0%32.8%
Call IV 25d103.8%63.3%258.8%100.2%147.5%
Put IV 25d110.6%81.7%229.4%95.2%81.7%
Bid-Ask Spread %49.2722.5778.8756.3665.65
Gamma HHI0.230.180.250.230.18
Net GEX66.8K22.2K81.3K79.3K22.2K
Net DEX-4.6M-6.8M-845.9K-6.8M-845.9K
Net VEX-47.2K-60.8K-19.3K-60.8K-19.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.007.390.012.54
Total Volume1,089.15326,1541933,034
Total OI113,032.990,823126,245124,858103,881

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$2.38$2.5083.1%26.5%44.3%28.6%101.3%-5.0%7.7%79.3K-6.8M-60.8K0.0156.36N/AN/A1921121,5723,286
2024-02-02$2.25$2.5060.4%29.9%47.5%36.4%0.0%-3.8%-3.5%75.3K-5.6M-53.2K0.0454.39N/AN/A472121,7233,287
2024-02-05$2.10$2.50101.5%29.2%51.7%34.9%0.0%9.2%-11.7%70.1K-5.0M-52.5K0.0227.16N/AN/A51012121,7543,289
2024-02-06$2.23$2.5063.0%30.5%57.9%37.9%0.0%20.0%-18.9%74.7K-5.1M-50.9K0.0040.43N/AN/A360121,2753,289
2024-02-07$2.16$2.50100.8%28.9%58.4%34.2%104.1%26.6%7.5%70.5K-4.8M-48.4K0.0024.35N/AN/A910121,3103,289
2024-02-08$2.15$2.5088.4%25.4%58.3%25.9%87.9%2.5%18.4%70.0K-4.9M-48.9K0.0150.88N/AN/A2142121,3733,210
2024-02-09$2.19$2.50104.3%29.9%55.6%36.4%0.0%22.1%-6.3%73.3K-5.1M-50.7K0.0060.54N/AN/A320121,1753,212
2024-02-12$2.38$2.50103.0%29.5%63.8%35.6%111.9%50.3%-7.3%81.3K-5.7M-53.6K0.0151.22N/AN/A2011121,1753,197
2024-02-13$2.12$2.00108.3%31.0%74.9%39.1%103.1%7.9%-10.3%66.2K-4.4M-45.3K7.3952.56N/AN/A28207121,2573,198
2024-02-14$2.13$2.00114.7%32.9%73.4%43.4%102.0%14.9%-19.0%67.7K-4.7M-49.0K0.0236.91N/AN/A611121,2803,140
2024-02-15$2.24$2.00124.7%35.7%75.0%50.0%135.4%46.4%-14.2%71.7K-5.5M-55.4K0.0147.30N/AN/A2,60322121,3053,142
2024-02-16$2.21$2.00118.3%33.9%75.1%45.8%124.0%-17.9%-55.4%72.1K-5.1M-50.9K4.3945.32N/AN/A57250123,0933,152
2024-02-20$2.09$2.00130.9%37.5%77.0%54.1%130.6%-23.0%-27.4%68.9K-4.9M-48.0K0.0159.93N/AN/A440689,1671,656
2024-02-21$1.94$2.00127.0%36.4%78.2%51.5%126.4%-28.2%-23.3%58.9K-3.6M-38.2K0.1172.00N/AN/A2,50628889,4371,662
2024-02-22$1.92$2.00130.0%37.3%78.1%53.5%130.1%43.2%-31.9%59.3K-3.8M-41.6K0.1322.57N/AN/A1,51719090,7361,939
2024-02-23$1.90$2.00133.2%38.2%77.6%55.6%136.1%-122.4%-35.9%61.0K-4.0M-41.3K4.2178.87N/AN/A4217792,2302,124
2024-02-26$1.94$2.00136.6%39.2%78.5%57.9%126.8%73.3%-28.3%62.5K-4.0M-44.0K0.0262.85N/AN/A2,3153592,2033,100
2024-02-27$1.98$2.00139.5%40.0%78.7%59.8%138.2%31.0%-34.9%69.8K-4.7M-47.9K0.0346.48N/AN/A4931694,4753,106
2024-02-28$1.85$2.00184.4%52.9%81.1%89.6%199.1%53.9%-62.2%60.8K-4.2M-43.5K1.5829.54N/AN/A2,3843,77094,8403,119
2024-02-29$1.23$2.0082.0%23.5%161.6%21.7%107.1%-65.8%-0.2%22.2K-845.9K-19.3K2.5465.65N/AN/A8562,17897,1156,766