RCUS Options History — March 2020

In March 2020, RCUS traded between $9.91 and $19.18. ATM implied volatility averaged 113.6%, placing in the 55.6% IV rank vs the trailing year. The 30-day expected move averaged 31.2%. IV traded below realized volatility by 35.0% (HV 20d: 148.6%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 2.17.

Notable Days

  • 2020-03-16: Highest Volume — 111 contracts
  • 2020-03-24: Largest IV spike — 806.7% change
  • 2020-03-24: Highest IV Rank — 100.0%
  • 2020-03-24: Largest Expected Move — 59.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.29$9.91$19.18$16.97$13.34
Max Pain$10.57$10.00$12.50$12.50$10.00
ATM IV113.6%7.4%209.1%136.1%155.3%
Expected Move31.2%2.1%59.9%39.0%44.5%
HV 20d148.6%119.2%182.2%129.5%161.0%
HV 60d106.8%87.7%124.0%88.4%123.9%
IV Rank55.6%2.7%100.0%67.9%74.0%
IV Percentile44.6%2.0%100.0%47.6%62.3%
Term Structure-10.7%-135.4%134.8%-1.1%-10.5%
VWIV114.9%70.3%167.0%148.0%141.4%
Skew 25d11.8%-139.0%92.2%29.6%38.2%
Skew 10d14.4%-107.9%109.2%43.1%77.3%
Call IV 25d122.8%61.9%189.5%134.0%118.9%
Put IV 25d134.6%21.7%183.3%163.6%157.0%
Bid-Ask Spread %146.84121.29176.58138.74153.14
Gamma HHI0.360.150.590.410.20
Net GEX548-1.1K2.1K1.0K727
Net DEX-53.3K-184.7K34.9K-107.3K-38.2K
Net VEX-320-405-249-301-384
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.170.0014.861.000.00
Total Volume28.091011120
Total OI324.045241426268371

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$16.97$12.50136.1%39.0%129.5%67.9%148.0%29.6%-1.1%1.0K-107.3K-3011.00138.74N/AN/A11115153
2020-03-03$17.02$12.5091.2%26.2%129.7%45.2%98.2%83.9%-1.6%1.1K-120.1K-3382.09136.28N/AN/A1123122154
2020-03-04$17.94$12.50114.5%32.8%129.7%57.0%146.0%38.0%-62.1%2.0K-137.0K-3140.00130.48N/AN/A220117153
2020-03-05$18.47$10.00151.9%29.3%120.1%75.9%89.7%43.4%-26.7%1.0K-184.7K-3610.00124.96N/AN/A80138153
2020-03-06$19.18$10.00162.5%24.4%119.2%81.3%91.1%41.9%-7.3%2.1K-178.9K-3510.32121.29N/AN/A4414141153
2020-03-09$17.86$10.0054.8%31.9%123.8%26.7%109.6%14.6%-37.6%1.5K-108.3K-3180.00139.18N/AN/A30116125
2020-03-10$17.07$10.00105.0%24.5%126.0%52.1%83.4%53.3%-7.0%1.2K-94.6K-3281.00136.52N/AN/A66113164
2020-03-11$16.98$10.0084.2%24.1%125.8%41.6%99.9%-6.4%7.5%1.5K-90.6K-3340.00143.38N/AN/A012116170
2020-03-12$15.20$10.00124.5%35.7%133.3%62.0%0.0%92.2%-45.7%712-44.5K-3590.00149.47N/AN/A091116156
2020-03-13$15.89$10.0091.8%26.3%133.7%45.5%0.0%-37.3%-53.7%1.1K-71.5K-3680.00143.03N/AN/A056128156
2020-03-16$11.39$10.00167.0%47.9%182.2%83.6%167.0%-23.4%20.9%-46723.0K-27114.86176.58N/AN/A7104116154
2020-03-17$11.93$12.50156.9%45.0%176.6%78.4%0.0%8.9%-48.5%-54620.2K-2680.00156.13N/AN/A039189157
2020-03-18$10.44$12.50122.0%0.0%163.3%60.8%95.8%-65.2%60.0%-17130.3K-2540.10150.65N/AN/A707185177
2020-03-19$9.91$10.007.4%2.1%162.0%2.7%153.9%1.1%134.8%-1.1K34.9K-2690.00153.41N/AN/A014230196
2020-03-20$10.50$10.0020.0%5.7%158.9%9.1%0.0%11.8%-9.4%-1.0K23.8K-2700.00154.59N/AN/A01230192
2020-03-23$10.45$10.0023.1%6.6%156.9%10.7%0.0%79.7%47.6%-8817.9K-2490.00148.50N/AN/A50180164
2020-03-24$12.31$10.00209.1%59.9%167.9%100.0%70.3%-139.0%-74.9%439-35.1K-4050.33154.10N/AN/A31190164
2020-03-25$12.89$10.00191.9%55.0%168.6%91.7%141.4%3.0%-135.4%306-23.1K-3218.57160.69N/AN/A760200165
2020-03-26$12.34$10.00102.4%29.4%168.7%48.5%0.0%-9.1%116.2%279-17.1K-2920.00155.32N/AN/A01199171
2020-03-27$13.14$10.0091.0%26.1%170.6%43.0%0.0%-40.2%-64.7%725-31.8K-3440.00148.60N/AN/A00199171
2020-03-30$13.16$10.00136.5%39.1%160.8%65.0%0.0%40.6%-37.1%554-29.1K-3410.00155.37N/AN/A10199171
2020-03-31$13.34$10.00155.3%44.5%161.0%74.0%0.0%38.2%-10.5%727-38.2K-3840.00153.14N/AN/A00200171