RCUS Options History — May 2020

In May 2020, RCUS traded between $26.21 and $36.63. ATM implied volatility averaged 148.2%, placing in the 70.6% IV rank vs the trailing year. The 30-day expected move averaged 39.8%. IV traded above realized volatility by 3.7% (HV 20d: 144.5%). Max pain ranged from $20.00 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2020-05-15: Highest Volume — 1,494 contracts
  • 2020-05-13: Largest IV spike — 38.6% change
  • 2020-05-05: Highest IV Rank — 90.3%
  • 2020-05-12: Largest Expected Move — 44.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.02$26.21$36.63$26.21$31.46
Max Pain$25.13$20.00$30.00$25.00$30.00
ATM IV148.2%108.9%189.0%144.7%124.6%
Expected Move39.8%35.6%44.3%41.5%35.7%
HV 20d144.5%65.2%218.8%218.8%113.1%
HV 60d168.3%163.4%172.0%171.1%169.2%
IV Rank70.6%51.6%90.3%68.9%59.2%
IV Percentile60.5%39.3%94.4%55.6%42.5%
Term Structure-14.6%-36.2%4.0%-17.0%-10.9%
VWIV133.8%102.3%158.8%102.3%119.9%
Skew 25d3.7%-15.9%21.3%21.3%9.7%
Skew 10d12.7%-20.1%80.7%80.7%-15.1%
Call IV 25d136.1%109.1%165.4%151.9%109.1%
Put IV 25d139.8%118.8%173.1%173.1%118.8%
Bid-Ask Spread %79.4569.9994.0781.5581.27
Gamma HHI0.470.160.990.260.38
Net GEX166.0K1.5K2.3M9.9K24.5K
Net DEX-2.1M-7.1M-490.0K-619.3K-1.1M
Net VEX-3.9K-5.9K-1.6K-3.4K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.012.360.650.56
Total Volume337.4251,49456168
Total OI2,7161,5194,6102,3991,872

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$26.21$25.00144.7%41.5%218.8%68.9%102.3%21.3%-17.0%9.9K-619.3K-3.4K0.6581.55N/AN/A34229781,421
2020-05-04$26.98$20.00173.9%39.1%217.7%83.0%0.0%-2.8%1.6%12.6K-592.3K-2.9K0.0779.19N/AN/A513361,0051,418
2020-05-05$27.06$20.00189.0%39.8%217.5%90.3%133.3%-11.7%4.0%31.6K-1.1M-3.7K1.4078.23N/AN/A30421,5131,417
2020-05-06$26.73$20.00150.3%36.4%216.2%71.6%127.2%-6.3%-3.4%35.4K-1.1M-3.3K0.0184.40N/AN/A35621,5301,405
2020-05-07$29.78$20.00167.5%35.6%217.9%79.9%126.1%-0.8%-5.8%76.7K-2.7M-4.6K0.5580.15N/AN/A94522,0311,396
2020-05-08$30.04$20.00187.0%37.3%218.1%89.3%152.1%-10.0%-10.0%74.3K-2.9M-4.7K0.0494.07N/AN/A881342,0601,422
2020-05-11$30.16$20.00170.1%42.3%218.1%81.2%156.2%-10.2%-21.0%95.2K-3.8M-4.4K0.5090.39N/AN/A4262152,4981,423
2020-05-12$29.36$22.50108.9%44.3%218.7%51.6%158.8%2.1%-36.2%376.8K-950.4K-2.4K2.3682.54N/AN/A1032432,9421,396
2020-05-13$31.43$22.50151.0%43.3%217.5%72.0%137.1%12.7%-24.7%50.2K-3.7M-1.6K1.4682.66N/AN/A1432092,9531,482
2020-05-14$31.20$25.00131.4%37.7%65.2%62.5%126.9%-2.8%-13.6%1.5K-3.7M-1.6K0.4881.30N/AN/A2681292,9461,547
2020-05-15$34.99$22.50136.6%39.2%74.9%65.0%127.2%2.5%-12.7%2.3M-7.1M-2.4K0.0474.12N/AN/A1,438563,0431,567
2020-05-18$33.82$25.00145.3%41.6%75.3%69.2%139.2%10.8%-22.0%29.7K-1.6M-5.0K0.2876.47N/AN/A142401,170349
2020-05-19$33.91$30.00142.9%41.0%75.3%68.0%140.5%20.8%-18.0%30.7K-1.6M-5.2K0.5676.32N/AN/A1691,204379
2020-05-20$35.82$30.00142.0%40.7%77.1%67.6%139.0%21.3%-11.6%34.3K-1.9M-5.5K0.3470.53N/AN/A87301,216381
2020-05-21$36.63$30.00147.9%42.4%74.9%70.5%133.1%7.8%-19.7%37.0K-2.2M-5.9K0.1873.21N/AN/A2851,274407
2020-05-22$35.80$30.00141.5%40.6%75.9%67.4%132.0%3.4%-19.8%35.7K-1.9M-5.5K0.1369.99N/AN/A95121,259410
2020-05-26$33.61$30.00150.2%43.1%79.4%71.6%148.4%17.8%-21.0%31.2K-1.6M-4.8K0.7180.82N/AN/A17121,207420
2020-05-27$27.24$30.00126.8%36.3%109.9%60.3%117.1%-15.9%-7.7%15.4K-514.1K-2.9K0.5679.18N/AN/A3331861,195432
2020-05-28$28.23$30.00132.3%37.9%109.2%62.9%126.7%4.4%-22.5%14.0K-490.0K-3.4K0.3372.70N/AN/A182601,161591
2020-05-29$31.46$30.00124.6%35.7%113.1%59.2%119.9%9.7%-10.9%24.5K-1.1M-4.5K0.5681.27N/AN/A108601,241631