COMM Options History — September 2024

In September 2024, COMM traded between $3.83 and $6.63. ATM implied volatility averaged 104.1%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 29.9%. IV traded above realized volatility by 17.1% (HV 20d: 87.0%). Max pain ranged from $3.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.22.

Notable Days

  • 2024-09-19: Highest Volume — 13,232 contracts
  • 2024-09-10: Largest IV spike — 51.4% change
  • 2024-09-16: Highest IV Rank — 28.6%
  • 2024-09-16: Largest Expected Move — 33.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.38$3.83$6.63$3.94$6.08
Max Pain$4.25$3.00$5.00$3.00$5.00
ATM IV104.1%87.1%133.9%87.1%102.7%
Expected Move29.9%25.0%33.1%25.0%29.4%
HV 20d87.0%62.5%130.3%130.3%62.5%
HV 60d116.0%111.2%120.4%120.4%111.2%
IV Rank22.7%13.7%28.6%13.7%21.9%
IV Percentile42.9%15.1%57.9%15.1%41.3%
Term Structure9.4%-6.2%24.0%8.0%17.4%
VWIV105.1%94.7%115.9%110.0%102.5%
Skew 25d6.0%-5.6%44.9%36.3%2.2%
Skew 10d24.4%-12.1%88.2%57.8%5.9%
Call IV 25d102.8%70.4%118.6%70.4%103.3%
Put IV 25d108.8%96.3%121.7%106.7%105.5%
Bid-Ask Spread %37.1015.9780.3029.3521.56
Gamma HHI0.330.270.390.380.28
Net GEX255.3K210.8K304.2K245.3K285.9K
Net DEX-32.1M-45.5M-16.9M-16.9M-35.3M
Net VEX-97.2K-126.2K-67.0K-67.0K-116.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.011.101.100.45
Total Volume2,593.8518713,232265303
Total OI122,302.1112,170136,118120,386122,375

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$3.94$3.0087.1%25.0%130.3%13.7%110.0%36.3%8.0%245.3K-16.9M-67.0K1.1029.35N/AN/A126139102,85917,527
2024-09-04$3.83$3.0097.6%28.0%127.2%19.2%99.3%44.9%-6.2%231.8K-17.0M-75.1K0.1434.86N/AN/A19428102,86217,474
2024-09-05$4.05$4.0095.2%27.4%123.8%18.1%95.6%5.7%-1.5%247.7K-18.5M-70.3K0.2950.39N/AN/A14542103,00217,467
2024-09-06$4.11$4.0089.4%28.1%84.9%19.5%102.3%-5.6%6.9%262.7K-20.7M-76.7K0.0280.30N/AN/A3367103,00417,457
2024-09-09$4.46$4.0088.4%28.8%87.6%20.8%99.4%5.6%14.5%259.7K-23.0M-75.9K0.2868.53N/AN/A979271102,97217,458
2024-09-10$4.89$4.00133.9%32.9%90.8%28.3%115.5%0.1%1.0%246.9K-28.2M-84.7K0.0226.45N/AN/A6,778131104,08117,702
2024-09-11$5.14$4.00115.2%33.0%88.7%28.5%112.3%0.8%7.3%255.4K-32.1M-94.2K0.3927.08N/AN/A923363106,02717,764
2024-09-12$5.20$4.00110.0%31.5%88.1%25.7%112.1%6.7%9.3%262.4K-31.5M-90.0K0.0828.00N/AN/A85168106,27418,182
2024-09-13$5.26$4.00104.0%29.8%86.2%22.6%98.9%2.8%24.0%249.8K-32.7M-89.9K0.2244.92N/AN/A31869105,72818,241
2024-09-16$5.63$4.00115.3%33.1%84.4%28.6%115.9%5.7%0.7%223.9K-37.2M-94.4K0.0830.81N/AN/A1,972151105,63118,282
2024-09-17$5.64$4.00113.5%32.5%84.6%27.6%114.3%-0.8%6.1%232.5K-38.1M-98.7K0.0147.58N/AN/A6,33066106,52118,414
2024-09-18$5.62$4.00115.3%33.0%80.2%28.5%114.9%3.0%0.1%210.8K-37.6M-94.0K0.1256.55N/AN/A32440106,91718,432
2024-09-19$6.04$4.00105.6%30.3%75.2%23.4%105.3%-0.9%13.9%247.3K-42.2M-103.7K0.3952.57N/AN/A9,5533,679106,79118,469
2024-09-20$6.21$5.00108.8%31.2%74.9%25.1%108.1%0.1%7.6%247.5K-45.5M-115.3K0.0815.97N/AN/A2,102159113,96122,157
2024-09-23$6.33$5.00107.5%30.8%71.8%24.5%103.5%5.1%12.0%256.3K-35.5M-113.6K0.1225.12N/AN/A1,12313896,83615,334
2024-09-24$6.63$5.00100.5%28.8%72.2%20.7%102.2%2.9%12.6%282.5K-39.0M-114.8K0.0723.01N/AN/A10,17570597,67115,376
2024-09-25$6.38$5.0097.7%28.0%74.4%19.2%99.3%0.3%20.0%304.2K-38.6M-126.2K0.1123.32N/AN/A68874106,24316,038
2024-09-26$6.06$5.0097.6%28.0%76.6%19.2%94.7%1.1%16.8%275.9K-36.2M-122.8K0.2621.44N/AN/A1,370359106,42116,054
2024-09-27$6.08$5.0097.2%27.9%76.6%19.0%96.7%3.1%17.8%278.0K-35.7M-120.9K0.2434.09N/AN/A643155106,12015,918
2024-09-30$6.08$5.00102.7%29.4%62.5%21.9%102.5%2.2%17.4%285.9K-35.3M-116.6K0.4521.56N/AN/A20994106,38915,986