COMM Options History — December 2025

In December 2025, COMM traded between $17.71 and $20.48. ATM implied volatility averaged 48.0%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 3.5% (HV 20d: 44.6%). Max pain ranged from $14.00 to $16.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.33.

Notable Days

2025-12-01: Highest Volume — 10,226 contracts
2025-12-08: Largest IV spike — 49.7% change
2025-12-08: Highest IV Rank — 45.9%
2025-12-10: Largest Expected Move — 14.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.86	$17.71	$20.48	$19.70	$18.13
Max Pain	$14.59	$14.00	$16.00	$16.00	$15.00
ATM IV	48.0%	40.0%	65.4%	42.3%	42.8%
Expected Move	12.7%	10.7%	14.2%	12.9%	12.2%
HV 20d	44.6%	35.2%	57.1%	57.1%	35.6%
HV 60d	43.9%	42.2%	45.6%	42.2%	44.0%
IV Rank	26.2%	18.1%	45.9%	22.6%	22.2%
IV Percentile	32.5%	21.8%	59.1%	27.0%	28.6%
Term Structure	4.8%	-20.4%	29.3%	-0.9%	13.0%
VWIV	44.0%	38.6%	49.2%	41.2%	44.5%
Skew 25d	2.1%	-9.7%	41.6%	-6.3%	2.3%
Skew 10d	-2.4%	-41.4%	11.7%	1.0%	1.8%
Call IV 25d	41.8%	27.9%	71.2%	35.7%	36.2%
Put IV 25d	43.9%	29.5%	76.6%	29.5%	38.5%
Bid-Ask Spread %	88.23	82.33	95.10	87.76	95.10
Gamma HHI	0.18	0.14	0.21	0.17	0.19
Net GEX	1.7M	1.4M	2.2M	1.6M	1.4M
Net DEX	-108.2M	-152.2M	-71.7M	-133.2M	-74.9M
Net VEX	-335.2K	-367.5K	-309.3K	-337.3K	-318.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.03	2.80	0.09	0.10
Total Volume	2,874.409	451	10,226	10,226	2,658
Total OI	181,300.045	162,297	194,993	184,380	162,297

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-12-01	$19.70	$16.00	42.3%	12.9%	57.1%	22.6%	41.2%	-6.3%	-0.9%	1.6M	-133.2M	-337.3K	0.09	87.76	N/A	N/A	9,402	824	95,764	88,616
2025-12-02	$19.59	$16.00	40.1%	13.1%	46.6%	19.7%	44.3%	4.5%	21.9%	1.6M	-132.2M	-351.2K	0.16	90.58	N/A	N/A	1,582	256	97,481	89,242
2025-12-03	$18.99	$16.00	46.0%	12.6%	48.5%	24.8%	44.0%	2.7%	-11.7%	1.7M	-118.8M	-360.6K	0.37	89.41	N/A	N/A	2,504	926	98,731	89,306
2025-12-04	$18.82	$14.00	40.0%	12.9%	47.3%	19.3%	44.5%	2.2%	3.3%	1.6M	-115.7M	-367.5K	0.33	87.85	N/A	N/A	735	245	99,499	89,615
2025-12-05	$19.13	$14.00	43.7%	11.9%	46.6%	21.6%	43.0%	0.6%	-3.9%	1.8M	-122.5M	-353.3K	0.12	86.09	N/A	N/A	1,905	234	99,711	89,763
2025-12-08	$19.68	$14.00	65.4%	13.2%	47.0%	45.9%	46.5%	-9.7%	-20.4%	1.7M	-133.1M	-352.0K	0.05	83.52	N/A	N/A	3,340	158	98,918	89,139
2025-12-09	$19.93	$14.00	44.0%	13.6%	47.0%	23.3%	45.2%	41.6%	3.0%	1.9M	-139.4M	-341.8K	0.16	82.33	N/A	N/A	1,265	205	99,893	89,239
2025-12-10	$20.27	$14.00	63.6%	14.2%	45.9%	39.2%	49.2%	5.3%	-13.2%	1.8M	-145.6M	-326.7K	0.14	85.73	N/A	N/A	2,127	303	100,032	89,425
2025-12-11	$20.48	$14.00	40.5%	12.0%	45.9%	20.1%	43.9%	-4.9%	2.1%	2.0M	-152.2M	-324.5K	0.23	83.44	N/A	N/A	1,949	448	100,685	89,677
2025-12-12	$19.48	$14.00	42.5%	12.0%	45.2%	22.2%	41.4%	-7.2%	-2.7%	2.1M	-133.1M	-340.6K	0.19	90.94	N/A	N/A	2,151	419	100,799	89,753
2025-12-15	$19.17	$14.00	41.8%	12.5%	46.0%	22.8%	38.6%	8.4%	25.4%	2.2M	-129.0M	-325.0K	0.15	88.09	N/A	N/A	1,014	151	100,432	89,324
2025-12-16	$18.29	$14.00	46.1%	13.2%	48.5%	24.9%	45.7%	-1.0%	8.1%	2.0M	-105.1M	-334.5K	0.17	85.65	N/A	N/A	4,828	832	100,434	89,329
2025-12-17	$17.71	$14.00	48.8%	14.0%	49.9%	27.1%	48.6%	4.2%	13.0%	1.5M	-90.2M	-346.9K	0.62	88.35	N/A	N/A	2,059	1,270	103,133	89,841
2025-12-18	$18.01	$14.00	47.4%	13.8%	49.9%	26.5%	45.2%	-5.2%	-5.7%	1.8M	-95.0M	-334.2K	0.30	90.59	N/A	N/A	962	284	100,711	91,152
2025-12-19	$18.36	$14.00	53.9%	12.6%	48.6%	23.0%	42.9%	-7.0%	29.3%	2.2M	-106.3M	-320.9K	2.80	87.61	N/A	N/A	2,318	6,496	103,655	91,338
2025-12-22	$18.26	$15.00	47.5%	12.6%	45.5%	26.9%	40.6%	5.0%	10.9%	1.5M	-76.4M	-331.6K	0.08	91.44	N/A	N/A	2,024	155	84,183	78,737
2025-12-23	$18.19	$15.00	54.5%	10.7%	38.4%	33.3%	43.0%	-0.1%	16.7%	1.4M	-75.5M	-332.7K	0.07	87.97	N/A	N/A	822	58	84,962	78,816
2025-12-24	$18.06	$15.00	62.5%	12.0%	35.5%	38.3%	43.9%	-2.0%	6.9%	1.4M	-71.7M	-331.9K	0.77	89.66	N/A	N/A	255	196	85,273	78,849
2025-12-26	$18.28	$15.00	46.7%	13.1%	35.2%	18.1%	43.4%	1.2%	2.4%	1.6M	-76.1M	-323.1K	0.12	87.54	N/A	N/A	2,249	265	85,388	78,855
2025-12-29	$18.09	$15.00	44.0%	11.4%	35.2%	23.6%	40.3%	5.2%	1.2%	1.6M	-74.7M	-309.3K	0.22	87.69	N/A	N/A	654	142	84,702	78,435
2025-12-30	$18.27	$15.00	53.2%	12.2%	35.6%	31.8%	48.8%	6.9%	6.3%	1.7M	-79.4M	-309.9K	0.03	93.66	N/A	N/A	2,483	84	84,961	78,506
2025-12-31	$18.13	$15.00	42.8%	12.2%	35.6%	22.2%	44.5%	2.3%	13.0%	1.4M	-74.9M	-318.1K	0.10	95.10	N/A	N/A	2,411	247	83,734	78,563