RCUS Options History — April 2020

In April 2020, RCUS traded between $14.03 and $29.76. ATM implied volatility averaged 144.3%, placing in the 68.7% IV rank vs the trailing year. The 30-day expected move averaged 42.1%. IV traded below realized volatility by 39.2% (HV 20d: 183.5%). Max pain ranged from $2.50 to $25.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.50.

Notable Days

  • 2020-04-16: Highest Volume — 2,933 contracts
  • 2020-04-16: Largest IV spike — 71.9% change
  • 2020-04-16: Highest IV Rank — 94.4%
  • 2020-04-16: Largest Expected Move — 56.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.20$14.03$29.76$14.03$26.62
Max Pain$13.21$2.50$25.00$10.00$25.00
ATM IV144.3%93.4%197.4%124.8%153.1%
Expected Move42.1%32.9%56.6%35.8%43.9%
HV 20d183.5%98.2%218.2%160.8%218.2%
HV 60d150.4%124.2%173.7%124.2%173.6%
IV Rank68.7%44.1%94.4%59.3%73.0%
IV Percentile59.0%31.3%97.6%44.8%63.9%
Term Structure-19.2%-45.5%67.0%-21.1%-23.5%
VWIV161.6%113.8%213.9%168.8%157.2%
Skew 25d17.4%-24.7%130.7%52.2%23.1%
Skew 10d26.5%-58.4%130.7%-3.9%25.7%
Call IV 25d136.7%28.1%172.3%86.0%148.4%
Put IV 25d154.1%81.5%185.3%138.2%171.5%
Bid-Ask Spread %99.9736.24170.76157.7573.54
Gamma HHI0.210.130.370.140.27
Net GEX1.9K-7.3K17.0K66610.1K
Net DEX-284.4K-844.9K-35.7K-36.9K-560.2K
Net VEX-1.6K-3.7K-225-318-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.500.0011.270.001.33
Total Volume266.76202,933456
Total OI1,231.7623692,5243712,404

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$14.03$10.00124.8%35.8%160.8%59.3%168.8%52.2%-21.1%666-36.9K-3180.00157.75N/AN/A40200171
2020-04-02$14.64$2.50137.8%33.9%161.4%65.6%0.0%11.2%67.0%701-41.5K-3010.00149.82N/AN/A00201171
2020-04-03$14.24$2.50129.3%37.1%160.4%61.5%0.0%-24.3%-17.8%100-37.5K-2250.00148.45N/AN/A00202171
2020-04-06$15.28$2.50112.9%41.4%161.7%53.6%0.0%27.9%25.1%375-37.4K-3120.00136.49N/AN/A01198171
2020-04-07$14.57$2.5093.4%37.8%161.7%44.1%134.8%130.7%-45.5%52-35.7K-2415.00141.69N/AN/A630198171
2020-04-08$15.18$2.50129.4%37.1%162.7%61.5%0.0%16.5%-29.0%1.4K-62.3K-3580.02137.83N/AN/A501203196
2020-04-09$15.79$2.50122.1%35.0%158.5%58.0%0.0%16.8%-5.0%51-53.6K-2780.00138.84N/AN/A210203197
2020-04-13$16.72$2.50121.2%34.7%159.0%57.6%0.0%19.9%-40.0%2.7K-102.1K-3400.00129.46N/AN/A50222197
2020-04-14$16.66$2.50138.3%39.7%98.2%65.8%113.8%-24.7%-42.6%2.0K-89.7K-3290.00161.59N/AN/A30220197
2020-04-15$15.97$2.50114.9%32.9%99.9%54.5%0.0%1.6%-23.1%563-68.5K-2750.33170.76N/AN/A31220197
2020-04-16$28.79$2.50197.4%56.6%217.8%94.4%213.9%5.2%-22.9%387-590.8K-33211.2749.31N/AN/A2392,694220198
2020-04-17$28.02$17.50164.2%47.1%216.4%78.3%177.4%14.3%-22.9%-7.3K-388.3K-2.1K1.8736.24N/AN/A2985572622,262
2020-04-20$29.35$25.00173.3%49.7%216.4%82.7%174.4%10.8%-26.1%-5.7K-219.3K-2.8K1.0450.43N/AN/A1481543101,546
2020-04-21$29.36$25.00175.0%50.2%216.2%83.6%172.4%17.5%-33.8%-3.4K-296.9K-3.1K0.5452.70N/AN/A136733771,494
2020-04-22$29.76$25.00164.9%47.3%212.4%78.7%170.2%8.7%-19.5%-669-427.3K-2.9K6.0440.04N/AN/A251514241,465
2020-04-23$28.57$25.00160.2%45.9%214.5%76.4%147.9%9.9%-29.3%-2.0K-313.2K-2.9K6.2470.47N/AN/A211314261,458
2020-04-24$29.01$25.00170.8%49.0%212.5%81.5%161.6%-0.0%-35.2%-1.6K-348.4K-2.8K0.0649.16N/AN/A560364291,443
2020-04-27$28.26$25.00162.1%46.5%213.7%77.3%158.0%29.8%-28.9%12.7K-844.9K-3.7K0.2768.29N/AN/A63179661,441
2020-04-28$26.98$25.00140.4%40.3%215.5%66.8%157.4%-7.4%-7.1%11.7K-621.1K-3.5K5.6268.38N/AN/A13739691,444
2020-04-29$28.31$25.00144.7%41.5%215.4%68.9%154.7%24.9%-21.3%17.0K-796.5K-3.5K5.4068.11N/AN/A5279771,446
2020-04-30$26.62$25.00153.1%43.9%218.2%73.0%157.2%23.1%-23.5%10.1K-560.2K-3.0K1.3373.54N/AN/A24329761,428