COMM Options History — September 2025

In September 2025, COMM traded between $15.36 and $16.96. ATM implied volatility averaged 27.2%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 2.9% (HV 20d: 24.3%). Max pain ranged from $14.00 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2025-09-22: Highest Volume — 21,170 contracts
  • 2025-09-04: Largest IV spike — 64.1% change
  • 2025-09-15: Highest IV Rank — 12.5%
  • 2025-09-11: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.18$15.36$16.96$15.85$15.52
Max Pain$14.90$14.00$15.00$14.00$15.00
ATM IV27.2%17.7%34.2%19.2%27.2%
Expected Move9.1%7.5%10.8%9.9%8.6%
HV 20d24.3%17.7%32.8%32.3%25.1%
HV 60d140.3%137.8%142.8%142.7%137.8%
IV Rank6.6%0.0%12.5%0.0%8.6%
IV Percentile3.7%0.0%10.3%0.0%4.8%
Term Structure2.4%-16.5%18.9%0.6%7.2%
VWIV31.7%19.2%37.8%33.0%19.2%
Skew 25d-3.1%-25.5%9.3%-13.4%2.3%
Skew 10d3.3%-21.3%14.4%-21.3%-3.3%
Call IV 25d27.4%16.2%48.1%31.7%22.1%
Put IV 25d24.3%13.5%33.7%18.3%24.4%
Bid-Ask Spread %91.9160.54108.1063.1997.76
Gamma HHI0.330.250.400.310.26
Net GEX4.3M2.6M5.8M4.1M2.9M
Net DEX-142.4M-189.7M-78.0M-124.5M-83.4M
Net VEX-400.8K-473.9K-354.2K-380.5K-464.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.031.250.780.57
Total Volume8,9791,78421,1703,9825,198
Total OI243,801.762196,015277,141241,989230,101

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$15.85$14.0019.2%9.9%32.3%0.0%33.0%-13.4%0.6%4.1M-124.5M-380.5K0.7863.19N/AN/A2,2331,749140,597101,392
2025-09-03$16.16$14.0019.6%10.1%32.8%1.0%35.9%-8.5%-0.8%4.1M-140.2M-372.7K0.4760.54N/AN/A13,3826,230141,61598,915
2025-09-04$16.21$15.0032.1%9.3%30.9%10.4%32.9%-4.5%0.1%4.6M-147.5M-367.6K0.4090.54N/AN/A1,768700146,47397,182
2025-09-05$16.13$15.0034.0%9.3%29.2%11.5%34.3%1.5%-2.2%4.6M-143.7M-373.2K0.4191.88N/AN/A1,842746146,60597,584
2025-09-08$16.30$15.0025.9%9.6%24.9%3.1%35.7%-0.8%10.7%4.5M-151.5M-365.2K0.1199.51N/AN/A4,540496146,37598,421
2025-09-09$16.20$15.0032.7%8.8%24.0%10.1%30.5%-3.2%-2.2%5.1M-151.3M-354.2K0.0991.63N/AN/A6,856620148,99998,511
2025-09-10$16.34$15.0031.0%9.3%24.0%8.9%31.9%-3.1%0.4%5.4M-163.5M-360.5K0.2186.25N/AN/A5,2881,090155,13298,738
2025-09-11$16.59$15.0028.4%10.8%23.4%5.4%37.8%5.2%18.9%5.4M-180.0M-379.2K0.07108.10N/AN/A15,4441,017159,64698,895
2025-09-12$16.49$15.0026.0%8.3%23.5%4.4%30.1%-5.3%-1.6%5.8M-179.5M-373.4K0.2699.36N/AN/A1,756452164,27899,415
2025-09-15$16.55$15.0033.8%10.4%21.4%12.5%35.7%9.3%-2.8%5.3M-188.5M-367.6K0.0897.94N/AN/A14,1341,088164,54699,507
2025-09-16$16.48$15.0031.4%9.0%21.1%9.2%35.6%-5.8%0.2%5.5M-183.5M-380.6K0.0896.33N/AN/A10,374800167,820100,630
2025-09-17$16.36$15.0034.2%9.8%20.4%11.1%33.3%-2.5%-5.2%5.8M-173.6M-385.3K0.15103.06N/AN/A4,308629168,271101,203
2025-09-18$16.56$15.0033.6%10.3%20.4%12.2%36.1%8.8%-16.5%3.1M-187.5M-382.1K0.03100.04N/AN/A17,140508170,033101,362
2025-09-19$16.61$15.0029.9%8.6%17.7%8.2%28.1%-10.0%-0.1%3.8M-189.7M-406.1K0.3692.43N/AN/A5,7842,060175,470101,671
2025-09-22$16.96$15.0025.4%9.1%18.3%3.4%32.2%-25.5%8.8%3.9M-143.9M-413.2K0.5496.63N/AN/A13,7417,429137,35058,665
2025-09-23$16.23$15.0017.7%8.3%22.8%0.0%31.0%-1.7%12.5%3.8M-113.6M-452.5K1.2588.37N/AN/A3,6864,609143,40364,328
2025-09-24$15.80$15.0017.8%7.5%24.3%1.4%26.5%-2.7%11.3%3.3M-94.3M-436.5K0.9594.32N/AN/A8,0257,655143,73967,667
2025-09-25$15.68$15.0027.7%8.7%24.4%9.4%29.8%-7.6%-12.3%3.1M-93.7M-473.9K0.9288.06N/AN/A3,6553,363152,30473,483
2025-09-26$15.38$15.0022.5%8.0%25.0%3.7%28.1%-1.8%5.1%2.7M-80.1M-469.4K0.5191.37N/AN/A1,180604154,77175,324
2025-09-29$15.36$15.0022.1%8.0%24.9%3.3%28.4%4.5%17.8%2.6M-78.0M-458.0K0.3392.81N/AN/A4,7971,583154,33575,081
2025-09-30$15.52$15.0027.2%8.6%25.1%8.6%19.2%2.3%7.2%2.9M-83.4M-464.1K0.5797.76N/AN/A3,3071,891154,26975,832