RCUS Options History — August 2020

In August 2020, RCUS traded between $20.99 and $25.21. ATM implied volatility averaged 88.2%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 24.3%. IV traded above realized volatility by 25.2% (HV 20d: 63.0%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2020-08-03: Highest Volume — 2,900 contracts
  • 2020-08-06: Largest IV spike — 26.5% change
  • 2020-08-07: Highest IV Rank — 51.6%
  • 2020-08-14: Largest Expected Move — 29.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.27$20.99$25.21$21.15$23.94
Max Pain$21.55$20.00$25.00$25.00$22.50
ATM IV88.2%73.7%108.9%86.2%80.3%
Expected Move24.3%20.7%29.1%24.7%23.0%
HV 20d63.0%59.8%67.6%65.0%61.4%
HV 60d72.3%56.6%81.7%81.4%58.7%
IV Rank41.6%34.6%51.6%40.6%37.8%
IV Percentile25.3%15.5%44.8%22.2%16.3%
Term Structure1.5%-31.3%24.4%20.9%15.5%
VWIV85.8%62.1%189.9%93.2%75.7%
Skew 25d4.5%-19.7%26.6%0.4%1.3%
Skew 10d3.0%-52.9%66.9%23.9%18.1%
Call IV 25d87.3%69.3%123.8%100.3%84.7%
Put IV 25d91.8%69.9%113.3%100.7%85.9%
Bid-Ask Spread %102.9185.50122.55102.06113.21
Gamma HHI0.440.160.480.160.44
Net GEX117.8K-2.1K152.2K-2.1K143.9K
Net DEX-4.1M-5.6M120.3K120.3K-4.5M
Net VEX-18.1K-22.1K-2.7K-2.7K-17.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.003.670.000.10
Total Volume279.52422,9002,90044
Total OI5,475.4299786,0429786,042

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$21.15$25.0086.2%24.7%65.0%40.6%93.2%0.4%20.9%-2.1K120.3K-2.7K0.00102.06N/AN/A2,8982537441
2020-08-04$20.99$25.0097.3%27.9%61.3%46.0%104.2%9.6%-4.6%52.3K-1.3M-10.1K0.0198.69N/AN/A1,939143,326443
2020-08-05$21.24$25.0074.3%21.3%61.7%34.9%189.9%-19.7%24.4%92.7K-3.4M-18.8K3.67102.88N/AN/A3115,265457
2020-08-06$21.14$20.0094.0%25.3%60.9%44.4%0.0%4.1%-6.4%87.8K-3.1M-18.2K1.0085.50N/AN/A115,265463
2020-08-07$21.68$20.00108.9%20.7%60.4%51.6%82.8%8.0%8.0%93.0K-3.4M-19.2K0.00101.96N/AN/A1605,265464
2020-08-10$23.26$20.00108.0%25.2%61.4%51.2%79.7%-6.1%5.8%106.9K-4.4M-20.6K0.13106.47N/AN/A3145,271464
2020-08-11$23.14$20.0099.7%24.7%61.2%47.2%0.0%-12.0%2.6%108.1K-4.3M-20.0K0.03102.97N/AN/A5825,276462
2020-08-12$24.76$20.0079.8%22.9%64.1%37.5%0.0%5.4%8.3%140.4K-5.6M-22.1K1.0399.99N/AN/A39405,279460
2020-08-13$24.30$20.0086.6%24.8%64.5%40.8%80.4%7.5%-9.1%132.1K-4.9M-20.9K0.0090.40N/AN/A605,296461
2020-08-14$23.74$20.00101.4%29.1%65.0%48.0%0.0%2.4%-2.7%121.7K-4.7M-20.5K0.6787.10N/AN/A645,294461
2020-08-17$24.61$20.0080.6%23.1%65.9%38.0%77.0%26.6%12.6%132.8K-5.3M-20.5K0.2591.71N/AN/A2465,290461
2020-08-18$24.65$20.0080.4%23.1%61.9%37.9%78.2%23.2%1.5%141.2K-5.3M-20.6K0.3389.60N/AN/A625,305460
2020-08-19$25.21$20.0073.7%21.1%62.4%34.6%70.8%1.0%10.5%147.9K-5.5M-20.4K0.16101.54N/AN/A5895,310460
2020-08-20$24.88$20.0084.5%24.2%62.1%39.8%73.0%26.4%-10.0%152.2K-5.4M-20.3K1.47115.52N/AN/A17255,339459
2020-08-21$24.60$22.5086.8%24.9%59.8%40.9%71.5%-0.5%-3.3%139.9K-5.0M-19.7K1.00121.70N/AN/A11115,354482
2020-08-24$22.91$22.5093.6%26.8%65.5%44.2%62.1%9.1%-8.9%118.0K-4.5M-18.1K0.10100.66N/AN/A242255,275342
2020-08-25$23.98$22.5077.2%22.1%65.4%36.3%72.3%-11.1%8.0%145.3K-4.4M-18.4K3.2297.38N/AN/A18585,516361
2020-08-26$23.69$22.5082.3%23.6%65.3%38.8%70.8%9.0%-1.2%146.4K-4.6M-18.8K0.11116.84N/AN/A915,533412
2020-08-27$22.68$22.5092.3%26.5%67.6%43.6%104.2%19.0%-31.3%146.6K-3.6M-16.4K0.33112.31N/AN/A123405,537413
2020-08-28$22.15$22.5084.8%24.3%60.3%40.0%72.7%-8.7%-9.2%126.5K-3.8M-16.6K3.13122.55N/AN/A16505,528455
2020-08-31$23.94$22.5080.3%23.0%61.4%37.8%75.7%1.3%15.5%143.9K-4.5M-17.6K0.10113.21N/AN/A4045,537505