COMM Options History — May 2024

In May 2024, COMM traded between $0.88 and $1.50. ATM implied volatility averaged 157.2%, placing in the 64.2% IV rank vs the trailing year. The 30-day expected move averaged 42.5%. IV traded above realized volatility by 33.8% (HV 20d: 123.4%). Max pain ranged from $0.50 to $1.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.36.

Notable Days

  • 2024-05-24: Highest Volume — 3,191 contracts
  • 2024-05-21: Largest IV spike — 74.2% change
  • 2024-05-17: Highest IV Rank — 89.6%
  • 2024-05-17: Largest Expected Move — 53.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.16$0.88$1.50$0.88$1.50
Max Pain$0.91$0.50$1.00$1.00$1.00
ATM IV157.2%96.1%234.5%170.5%132.2%
Expected Move42.5%27.5%53.0%48.9%37.9%
HV 20d123.4%98.9%136.9%98.9%112.8%
HV 60d128.8%107.3%137.6%127.5%112.6%
IV Rank64.2%28.2%89.6%79.6%53.2%
IV Percentile88.5%49.6%99.2%98.0%81.7%
Term Structure-11.2%-57.1%42.5%-27.6%8.4%
VWIV137.8%95.3%177.9%170.0%119.0%
Skew 25d19.5%-25.8%80.8%36.1%6.3%
Skew 10d46.8%15.9%151.9%45.2%151.9%
Call IV 25d127.1%96.3%183.6%136.5%134.0%
Put IV 25d146.6%89.1%216.0%172.6%140.3%
Bid-Ask Spread %69.6535.4999.8873.3695.24
Gamma HHI0.230.200.280.220.21
Net GEX24.6K18.2K34.5K20.3K34.5K
Net DEX-2.7M-4.1M-1.5M-2.3M-4.0M
Net VEX-24.4K-31.6K-17.8K-22.2K-31.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.002.010.070.08
Total Volume584.364483,19148192
Total OI112,058.227107,110115,017112,670111,040

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$0.88$1.00170.5%48.9%98.9%79.6%170.0%36.1%-27.6%20.3K-2.3M-22.2K0.0773.36N/AN/A453107,1695,501
2024-05-02$1.04$1.00181.6%52.1%117.7%87.3%172.7%80.8%-57.1%20.7K-2.1M-19.7K0.4371.96N/AN/A8737107,1855,503
2024-05-03$1.00$1.00177.4%50.9%117.9%84.4%168.9%47.8%-55.9%19.7K-1.7M-19.1K0.1172.92N/AN/A14816107,2035,524
2024-05-06$0.94$0.50205.2%39.8%116.0%57.7%139.1%26.8%-7.8%18.2K-1.5M-17.8K0.3442.86N/AN/A7325107,2825,529
2024-05-07$1.00$0.50209.8%38.9%119.0%55.5%143.7%36.4%-45.9%20.1K-1.7M-18.4K0.6941.63N/AN/A4531107,3075,556
2024-05-08$1.04$0.50234.5%40.9%119.2%60.5%130.4%27.3%-14.8%22.5K-2.0M-21.5K0.0635.49N/AN/A38524107,3205,556
2024-05-09$1.15$0.50108.0%39.5%124.8%56.9%130.4%-25.8%-33.7%25.1K-2.4M-23.6K0.0943.78N/AN/A50644107,4555,422
2024-05-10$1.04$1.00120.9%33.2%129.0%41.8%0.0%5.0%-1.9%19.9K-1.8M-19.8K0.0295.29N/AN/A892107,6786,426
2024-05-13$1.02$1.00111.3%35.6%127.5%47.7%99.2%6.2%-21.5%19.4K-1.7M-19.0K0.0050.37N/AN/A2,1601107,7296,404
2024-05-14$1.17$1.00169.8%47.9%135.8%77.3%139.2%7.6%-52.5%25.3K-2.9M-27.1K0.0187.17N/AN/A1,12413108,4626,404
2024-05-15$1.15$1.00150.9%43.3%136.1%66.1%177.9%1.1%17.1%23.0K-2.7M-25.2K0.1298.67N/AN/A516108,5536,401
2024-05-16$1.17$1.00159.2%45.6%135.0%71.8%149.2%-5.8%-33.1%24.9K-2.8M-26.0K0.1360.24N/AN/A547108,5556,406
2024-05-17$1.29$1.00185.0%53.0%136.9%89.6%140.5%4.6%13.6%27.7K-3.2M-28.2K0.3555.18N/AN/A23782108,6056,412
2024-05-20$1.33$1.0096.1%27.5%133.2%28.2%99.1%23.8%37.1%30.1K-3.5M-28.8K0.7553.99N/AN/A486365101,1825,928
2024-05-21$1.29$1.00167.3%48.0%133.6%77.4%135.7%22.6%10.0%28.9K-3.7M-28.8K1.0181.30N/AN/A249252101,6266,293
2024-05-22$1.31$1.00175.3%50.2%132.6%82.9%95.3%14.6%-19.9%27.6K-3.2M-27.6K0.8559.62N/AN/A1,112940101,8756,545
2024-05-23$1.27$1.00170.2%48.8%114.5%79.4%138.8%12.7%6.9%28.0K-3.2M-29.1K0.4899.88N/AN/A4220102,8987,481
2024-05-24$1.17$1.00115.2%33.0%118.8%41.5%123.0%42.6%42.5%24.2K-2.7M-24.9K0.0790.49N/AN/A2,971220102,9087,481
2024-05-28$1.17$1.00131.5%37.7%117.9%52.7%131.6%33.8%17.6%24.9K-2.7M-25.4K2.0199.27N/AN/A100201102,9537,691
2024-05-29$1.23$1.00138.9%39.8%113.5%57.8%139.4%29.1%-14.0%23.0K-2.6M-22.8K0.1868.14N/AN/A16831103,0067,859
2024-05-30$1.46$1.00148.4%42.6%124.6%64.4%151.1%-4.8%-13.3%33.8K-4.1M-31.6K0.0455.49N/AN/A2048103,0837,885
2024-05-31$1.50$1.00132.2%37.9%112.8%53.2%119.0%6.3%8.4%34.5K-4.0M-31.1K0.0895.24N/AN/A17814103,1597,881