COMM Options History — July 2024

In July 2024, COMM traded between $1.06 and $2.59. ATM implied volatility averaged 131.0%, placing in the 38.6% IV rank vs the trailing year. The 30-day expected move averaged 38.4%. IV traded above realized volatility by 33.4% (HV 20d: 97.5%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 24.98.

Notable Days

  • 2024-07-31: Highest Volume — 10,444 contracts
  • 2024-07-10: Largest IV spike — 31.9% change
  • 2024-07-31: Highest IV Rank — 64.2%
  • 2024-07-31: Largest Expected Move — 52.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.63$1.06$2.59$1.17$2.59
Max Pain$1.52$1.50$2.00$1.50$2.00
ATM IV131.0%84.7%182.6%114.9%182.6%
Expected Move38.4%30.9%52.3%32.9%52.3%
HV 20d97.5%71.7%118.0%87.7%114.4%
HV 60d110.4%106.2%114.7%107.2%109.2%
IV Rank38.6%24.6%64.2%30.2%64.2%
IV Percentile77.3%57.5%98.0%65.9%98.0%
Term Structure-6.6%-70.8%58.6%58.6%-49.1%
VWIV138.1%107.9%179.9%149.1%179.9%
Skew 25d5.6%-32.2%66.8%24.4%10.2%
Skew 10d31.0%-19.0%102.3%19.2%25.7%
Call IV 25d133.4%88.3%184.4%102.8%170.5%
Put IV 25d139.0%116.2%180.8%127.2%180.8%
Bid-Ask Spread %64.1030.0296.9393.2131.72
Gamma HHI0.190.170.220.180.22
Net GEX36.0K15.6K75.7K19.4K75.7K
Net DEX-3.6M-9.1M-1.3M-1.7M-9.1M
Net VEX-29.1K-56.1K-15.6K-18.2K-56.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio24.980.01521.000.140.16
Total Volume1,697.773510,44428210,444
Total OI104,119.727101,749110,068101,749110,068

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$1.17$1.50114.9%32.9%87.7%30.2%149.1%24.4%58.6%19.4K-1.7M-18.2K0.1493.21N/AN/A2473592,9608,789
2024-07-02$1.15$1.50126.5%36.3%87.7%36.2%0.0%-28.6%14.5%19.0K-1.6M-18.7K521.0096.93N/AN/A152193,1878,813
2024-07-03$1.17$1.50120.1%34.4%87.9%32.0%0.0%17.2%32.1%19.2K-1.6M-18.1K0.2591.29N/AN/A4193,1889,304
2024-07-05$1.06$1.50121.8%33.2%71.7%28.8%120.0%-13.4%-6.1%15.6K-1.3M-17.1K0.0273.09N/AN/A122393,1919,305
2024-07-08$1.19$1.5084.7%37.9%87.3%37.6%126.3%-14.6%-64.7%16.0K-1.4M-15.6K0.4678.70N/AN/A43620093,2979,306
2024-07-09$1.25$1.5095.5%34.3%89.8%30.8%130.9%-32.2%5.5%21.4K-1.9M-19.9K0.2266.75N/AN/A761793,2019,506
2024-07-10$1.31$1.50125.9%36.1%91.1%34.2%153.4%-13.8%9.0%21.9K-2.0M-19.2K0.0475.75N/AN/A28193,2169,513
2024-07-11$1.44$1.50122.5%35.1%96.3%32.4%119.7%12.7%7.9%28.3K-2.6M-23.3K0.0676.69N/AN/A8044693,21210,035
2024-07-12$1.54$1.50135.3%38.8%99.3%39.2%133.2%46.9%-13.4%32.8K-3.0M-26.0K0.0366.46N/AN/A134493,08010,033
2024-07-15$1.63$1.50121.0%34.7%100.4%31.6%120.1%38.2%-1.3%37.5K-3.6M-28.4K1.2263.48N/AN/A698493,17310,033
2024-07-16$1.52$1.50107.9%30.9%94.8%24.6%123.1%18.0%46.4%29.3K-2.6M-21.8K1.2167.41N/AN/A10012193,22110,145
2024-07-17$1.71$1.50115.9%33.2%98.0%28.9%125.2%45.0%-30.7%38.2K-4.1M-31.1K0.8661.74N/AN/A34229493,19410,277
2024-07-18$1.75$1.50138.8%39.8%97.8%41.0%144.5%-18.1%-70.8%39.4K-4.2M-32.0K0.1354.28N/AN/A3,16442293,13410,574
2024-07-19$1.65$1.50139.4%40.0%100.0%41.3%140.5%-27.7%-16.5%36.2K-3.6M-27.9K15.1458.09N/AN/A3775,70695,12710,802
2024-07-22$1.73$1.50137.8%39.5%99.9%40.5%133.5%36.6%-13.2%39.9K-4.0M-34.2K5.3258.46N/AN/A3782,01190,66413,154
2024-07-23$1.83$1.50130.4%37.4%100.1%36.5%127.6%-14.8%3.4%43.1K-4.2M-34.8K0.3158.80N/AN/A60819190,81913,392
2024-07-24$1.69$1.50140.9%40.4%103.4%42.1%149.5%-18.6%-1.1%36.4K-3.4M-30.6K0.0159.00N/AN/A581791,31313,458
2024-07-25$1.81$1.50135.5%38.9%102.1%39.3%107.9%66.8%-1.4%42.1K-4.1M-32.5K0.0555.44N/AN/A3962091,79213,456
2024-07-26$1.90$1.50140.0%40.1%102.3%41.6%141.7%4.9%-11.3%46.3K-4.5M-34.9K0.7956.97N/AN/A574592,15313,466
2024-07-29$2.31$1.50173.8%49.8%118.0%59.5%171.2%6.6%-21.9%65.0K-7.5M-49.6K0.2930.02N/AN/A5,1421,46892,19913,452
2024-07-30$2.49$1.50170.1%48.8%116.2%57.6%164.3%-21.7%-21.4%70.1K-8.3M-50.4K1.8035.86N/AN/A9441,70093,63714,795
2024-07-31$2.59$2.00182.6%52.3%114.4%64.2%179.9%10.2%-49.1%75.7K-9.1M-56.1K0.1631.72N/AN/A8,9741,47093,65316,415