RCUS Options History — January 2020

In January 2020, RCUS traded between $8.82 and $10.56. ATM implied volatility averaged 83.4%, placing in the 41.2% IV rank vs the trailing year. The 30-day expected move averaged 26.4%. IV traded above realized volatility by 31.6% (HV 20d: 51.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.65.

Notable Days

2020-01-08: Highest Volume — 84 contracts
2020-01-23: Largest IV spike — 1270.7% change
2020-01-28: Highest IV Rank — 89.5%
2020-01-08: Largest Expected Move — 56.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.80	$8.82	$10.56	$9.87	$8.82
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	83.4%	7.3%	178.8%	85.0%	166.2%
Expected Move	26.4%	2.1%	56.0%	24.4%	29.9%
HV 20d	51.8%	43.1%	60.3%	60.3%	43.6%
HV 60d	62.7%	60.6%	63.9%	63.4%	61.6%
IV Rank	41.2%	2.7%	89.5%	42.0%	83.2%
IV Percentile	28.0%	1.6%	86.1%	19.8%	76.2%
Term Structure	8.9%	-75.3%	194.8%	-28.9%	74.4%
VWIV	88.4%	15.3%	147.9%	83.7%	15.3%
Skew 25d	-49.5%	-49.5%	-49.5%	-49.5%	-49.5%
Call IV 25d	136.1%	136.1%	136.1%	136.1%	136.1%
Put IV 25d	86.6%	86.6%	86.6%	86.6%	86.6%
Bid-Ask Spread %	163.33	146.68	172.21	163.97	164.82
Gamma HHI	0.60	0.31	0.88	0.77	0.40
Net GEX	210	-825	2.1K	971	-263
Net DEX	-14.9K	-47.0K	15.5K	-21.5K	8.6K
Net VEX	-174	-195	-139	-178	-161
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.00	2.50	0.00	0.00
Total Volume	11.381	0	84	1	2
Total OI	184.143	133	226	198	155

Daily Data (21 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
2020-01-02	$9.87	$10.00	85.0%	24.4%	60.3%	42.0%	0.0%	0.0%	-28.9%	971	-21.5K	-178	0.00	163.97	N/A	N/A	1	0	86	112
2020-01-03	$9.71	$10.00	46.3%	13.3%	59.1%	22.4%	0.0%	0.0%	194.8%	1.0K	-16.4K	-171	0.00	162.55	N/A	N/A	0	0	87	112
2020-01-06	$9.59	$10.00	93.8%	34.1%	58.9%	46.5%	0.0%	0.0%	81.4%	72	-23.5K	-181	0.00	170.42	N/A	N/A	0	0	87	112
2020-01-07	$9.64	$10.00	81.9%	14.3%	56.1%	40.5%	0.0%	0.0%	72.9%	849	-14.3K	-145	0.00	172.21	N/A	N/A	0	3	87	112
2020-01-08	$10.07	$10.00	8.7%	56.0%	57.1%	3.4%	0.0%	0.0%	-63.0%	1.4K	-29.9K	-171	0.00	169.42	N/A	N/A	0	84	87	112
2020-01-09	$10.16	$10.00	107.2%	38.2%	56.0%	53.3%	83.7%	0.0%	-50.0%	302	-31.4K	-162	0.00	161.11	N/A	N/A	0	40	87	123
2020-01-10	$10.04	$10.00	33.8%	44.8%	56.1%	16.1%	147.9%	0.0%	-66.0%	1.6K	-27.5K	-181	0.00	146.68	N/A	N/A	0	40	87	134
2020-01-13	$9.89	$10.00	68.9%	45.6%	56.1%	33.9%	106.8%	0.0%	-52.2%	2.1K	-14.0K	-177	2.50	164.25	N/A	N/A	2	5	87	135
2020-01-14	$10.28	$10.00	95.7%	27.4%	53.8%	47.4%	0.0%	0.0%	-56.0%	985	-39.6K	-172	0.00	165.30	N/A	N/A	0	1	89	136
2020-01-15	$10.33	$10.00	13.6%	3.9%	53.8%	5.8%	0.0%	0.0%	-50.5%	610	-41.9K	-172	0.00	167.03	N/A	N/A	0	3	89	137
2020-01-16	$10.56	$10.00	149.1%	42.7%	51.9%	74.5%	0.0%	0.0%	-53.8%	-76	-43.4K	-166	0.06	163.39	N/A	N/A	31	2	81	139
2020-01-17	$10.31	$10.00	135.5%	38.8%	53.2%	67.6%	0.0%	-49.5%	-75.3%	-353	-47.0K	-139	0.00	160.05	N/A	N/A	0	0	82	141
2020-01-21	$10.07	$10.00	15.3%	4.4%	52.8%	6.7%	15.3%	0.0%	-17.5%	-558	-6.6K	-166	0.00	165.81	N/A	N/A	0	7	32	101
2020-01-22	$10.00	$10.00	7.3%	2.1%	47.5%	2.7%	0.0%	0.0%	165.9%	-751	-738	-186	0.00	167.17	N/A	N/A	0	3	32	108
2020-01-23	$9.47	$10.00	99.5%	28.5%	47.8%	49.4%	0.0%	0.0%	65.8%	-602	1.8K	-178	0.00	161.34	N/A	N/A	0	5	32	111
2020-01-24	$9.41	$10.00	41.1%	11.8%	46.4%	19.8%	0.0%	0.0%	0.0%	-645	7.0K	-193	0.67	157.78	N/A	N/A	3	2	32	116
2020-01-27	$9.79	$10.00	52.3%	15.0%	45.0%	25.4%	0.0%	0.0%	0.0%	-519	1.7K	-195	0.00	151.55	N/A	N/A	1	0	32	118
2020-01-28	$9.67	$10.00	178.8%	0.0%	45.0%	89.5%	0.0%	0.0%	0.0%	-825	3.9K	-195	0.00	165.88	N/A	N/A	0	0	33	118
2020-01-29	$9.12	$10.00	166.7%	0.0%	43.7%	83.4%	0.0%	0.0%	0.0%	-407	7.6K	-179	0.00	162.92	N/A	N/A	0	4	33	118
2020-01-30	$9.07	$10.00	104.3%	29.9%	43.1%	51.8%	0.0%	0.0%	74.4%	-533	15.5K	-189	0.00	166.31	N/A	N/A	0	0	33	122
2020-01-31	$8.82	$10.00	166.2%	0.0%	43.6%	83.2%	0.0%	0.0%	0.0%	-263	8.6K	-161	0.00	164.82	N/A	N/A	0	2	33	122