COMM Options History — August 2024

In August 2024, COMM traded between $1.98 and $4.39. ATM implied volatility averaged 122.7%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 31.0%. IV traded below realized volatility by 23.1% (HV 20d: 145.7%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2024-08-08: Highest Volume — 16,945 contracts
  • 2024-08-14: Largest IV drop — 27.8% change
  • 2024-08-01: Highest IV Rank — 66.8%
  • 2024-08-01: Largest Expected Move — 53.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.44$1.98$4.39$2.49$3.81
Max Pain$2.64$2.00$3.00$2.00$3.00
ATM IV122.7%89.1%203.8%187.4%99.2%
Expected Move31.0%25.6%53.7%53.7%28.4%
HV 20d145.7%117.7%160.7%117.7%141.8%
HV 60d120.6%108.6%125.6%108.6%120.6%
IV Rank24.7%14.7%66.8%66.8%20.0%
IV Percentile43.2%18.3%98.8%98.8%39.7%
Term Structure-2.4%-104.8%32.6%-104.8%-10.9%
VWIV107.7%75.2%170.3%170.3%102.2%
Skew 25d5.8%-24.6%36.4%-5.8%36.4%
Skew 10d19.2%-101.6%101.2%-3.6%44.3%
Call IV 25d105.9%67.6%180.5%178.8%67.6%
Put IV 25d111.7%73.5%173.0%173.0%103.9%
Bid-Ask Spread %37.8311.4865.8845.9732.68
Gamma HHI0.250.150.350.220.35
Net GEX146.7K38.6K240.7K61.5K207.3K
Net DEX-14.5M-22.5M-4.0M-7.6M-15.3M
Net VEX-63.5K-87.5K-34.7K-48.4K-61.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.015.480.020.85
Total Volume3,883.9099016,9456,520917
Total OI117,218.136105,105124,323107,582119,654

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$2.49$2.00187.4%53.7%117.7%66.8%170.3%-5.8%-104.8%61.5K-7.6M-48.4K0.0245.97N/AN/A6,39312789,77217,810
2024-08-02$2.24$2.00157.2%45.1%118.8%50.7%167.9%-23.9%-13.1%50.2K-6.1M-42.6K5.4845.77N/AN/A2581,41587,49317,612
2024-08-05$1.98$2.00191.4%41.2%127.8%43.7%142.4%34.9%-7.0%38.6K-4.0M-34.7K1.5345.35N/AN/A29945792,36418,220
2024-08-06$2.25$2.00203.8%40.4%132.7%42.1%140.7%25.6%-6.2%50.7K-6.2M-42.0K0.6638.38N/AN/A1,21980792,63118,390
2024-08-07$2.13$2.00188.4%35.2%135.8%32.5%127.4%-24.6%17.8%49.9K-5.3M-39.7K1.7355.14N/AN/A2,6354,56194,54719,190
2024-08-08$2.80$2.00147.8%27.7%160.7%18.6%96.4%8.7%13.3%101.9K-10.7M-56.8K0.4057.75N/AN/A12,1364,80999,29923,297
2024-08-09$2.83$2.00113.8%28.9%160.3%20.9%104.7%18.9%12.5%112.6K-10.0M-52.1K0.0862.03N/AN/A1,725144102,09622,227
2024-08-12$2.95$2.00124.1%27.9%160.1%19.0%97.4%12.0%15.7%121.4K-11.1M-52.4K0.7065.88N/AN/A518365101,47122,128
2024-08-13$3.21$3.00144.6%25.6%156.7%14.9%86.0%18.6%32.6%120.1K-13.3M-57.6K0.0542.25N/AN/A10,032500101,40122,544
2024-08-14$3.38$3.00104.4%29.9%153.9%22.8%101.7%-2.8%7.1%122.3K-14.1M-56.1K0.0247.64N/AN/A1,6203498,04122,437
2024-08-15$3.63$3.00101.0%29.0%154.4%21.0%102.0%6.1%-46.1%107.0K-16.3M-62.0K0.1233.74N/AN/A5,33163598,53922,495
2024-08-16$3.96$3.00102.2%29.3%151.1%21.6%105.7%14.8%1.3%163.0K-19.9M-76.0K0.4138.11N/AN/A2,31095499,91622,994
2024-08-19$4.00$3.0095.9%27.5%151.6%18.3%95.8%10.2%3.5%133.6K-15.5M-72.5K0.0430.18N/AN/A8,52633590,11715,838
2024-08-20$4.38$3.0095.9%27.5%152.5%18.3%95.9%12.7%8.1%184.8K-20.2M-83.5K0.0126.47N/AN/A7,6594797,12716,135
2024-08-21$4.05$3.0092.6%26.6%152.4%16.6%92.0%3.5%2.3%219.8K-20.1M-85.5K0.0731.80N/AN/A4,591323103,25116,164
2024-08-22$4.05$3.0096.7%27.7%152.9%18.7%102.3%-2.6%2.1%205.1K-18.4M-75.9K0.2640.99N/AN/A759200101,79416,428
2024-08-23$4.38$3.0091.7%26.3%153.4%16.1%98.8%6.3%5.6%229.1K-22.5M-87.5K0.3112.13N/AN/A670210101,83416,587
2024-08-26$4.39$3.0089.6%25.7%142.7%15.0%93.0%-11.5%12.0%234.0K-22.3M-83.1K0.1011.48N/AN/A97096101,81716,764
2024-08-27$4.34$3.0089.1%25.6%142.6%14.7%88.2%-2.8%7.8%240.7K-21.1M-78.6K1.1435.90N/AN/A245279102,31616,822
2024-08-28$4.21$3.0091.9%26.3%144.0%16.2%75.2%-1.5%-0.9%235.7K-20.0M-75.1K0.7112.22N/AN/A143102102,50417,086
2024-08-29$4.22$3.0090.1%25.8%142.3%15.2%82.7%-4.7%-4.5%237.9K-19.9M-73.5K0.9120.35N/AN/A4743102,52017,127
2024-08-30$3.81$3.0099.2%28.4%141.8%20.0%102.2%36.4%-10.9%207.3K-15.3M-61.3K0.8532.68N/AN/A497420102,52117,133