RCUS Options History — November 2020

In November 2020, RCUS traded between $20.40 and $27.02. ATM implied volatility averaged 85.4%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded above realized volatility by 7.3% (HV 20d: 78.1%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.57.

Notable Days

  • 2020-11-11: Highest Volume — 129 contracts
  • 2020-11-25: Largest IV spike — 72.6% change
  • 2020-11-05: Highest IV Rank — 55.6%
  • 2020-11-25: Largest Expected Move — 31.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.18$20.40$27.02$20.90$27.02
Max Pain$21.13$20.00$25.00$20.00$25.00
ATM IV85.4%58.6%117.4%95.8%92.0%
Expected Move23.6%16.8%31.5%27.5%26.4%
HV 20d78.1%57.1%86.4%78.7%57.1%
HV 60d72.4%70.5%73.9%73.2%70.5%
IV Rank39.5%25.4%55.6%45.1%42.0%
IV Percentile25.9%6.0%63.5%33.3%30.6%
Term Structure-3.5%-43.2%33.3%33.3%-43.2%
VWIV86.2%62.9%114.3%99.1%79.2%
Skew 25d17.4%-9.2%42.9%27.1%38.6%
Skew 10d30.8%-5.7%72.3%47.1%67.7%
Call IV 25d82.7%58.4%98.5%90.8%65.3%
Put IV 25d100.1%77.4%128.1%117.9%103.8%
Bid-Ask Spread %118.49102.84136.39118.82127.60
Gamma HHI0.270.210.390.240.28
Net GEX12.8K5.5K31.9K6.8K14.7K
Net DEX-616.9K-957.7K-253.7K-486.1K-842.9K
Net VEX-2.8K-3.3K-2.3K-3.3K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.002.071.000.10
Total Volume46101291022
Total OI1,308.258401,5001,3511,033

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$20.90$20.0095.8%27.5%78.7%45.1%99.1%27.1%33.3%6.8K-486.1K-3.3K1.00118.82N/AN/A55832519
2020-11-03$20.75$20.0090.7%26.0%78.4%42.6%87.5%17.9%12.5%6.1K-367.1K-3.1K2.07123.02N/AN/A1531832519
2020-11-04$22.03$20.0091.8%26.3%79.3%43.2%109.0%24.6%2.7%9.7K-555.9K-3.3K0.52107.85N/AN/A2513845541
2020-11-05$20.66$20.00117.4%26.6%83.2%55.6%86.3%11.5%6.5%5.5K-253.7K-3.0K0.88118.30N/AN/A2623854536
2020-11-06$20.40$20.0086.8%28.8%83.3%40.7%97.6%12.5%-0.9%6.4K-327.2K-3.1K1.23116.08N/AN/A3138876557
2020-11-09$21.80$20.00108.7%24.2%86.4%51.3%114.3%28.8%-26.3%9.2K-473.5K-3.0K0.36127.09N/AN/A114848574
2020-11-10$22.68$20.00108.9%22.6%86.3%51.4%90.5%6.9%6.6%8.6K-555.2K-2.8K0.11102.84N/AN/A91841571
2020-11-11$22.85$20.0071.1%20.4%84.6%33.1%0.0%6.6%7.2%13.5K-613.7K-2.8K0.05109.08N/AN/A1236855569
2020-11-12$22.50$20.0090.7%26.0%84.5%42.6%62.9%13.2%-20.2%11.1K-569.2K-2.8K1.22136.39N/AN/A911855565
2020-11-13$22.66$20.0081.5%23.4%83.5%38.1%91.5%25.1%-3.0%9.1K-546.0K-2.8K0.14127.99N/AN/A426855564
2020-11-16$22.67$20.0062.4%17.9%76.5%28.9%67.1%-7.0%13.2%16.7K-640.7K-2.7K0.15120.07N/AN/A274895564
2020-11-17$23.33$20.0081.7%23.4%76.8%38.2%84.8%22.4%-7.3%21.4K-757.4K-2.6K0.27117.36N/AN/A226912565
2020-11-18$23.52$20.0091.8%26.3%76.8%41.9%88.4%7.3%-16.6%30.6K-949.6K-2.4K0.59114.53N/AN/A1710906564
2020-11-19$24.17$22.5058.6%16.8%75.7%25.4%63.8%19.3%12.8%31.9K-903.5K-2.4K0.29115.27N/AN/A216916577
2020-11-20$24.27$22.5061.5%17.6%74.9%26.9%0.0%2.2%-2.3%8.9K-957.7K-2.6K0.00125.94N/AN/A210917583
2020-11-23$25.69$22.5068.5%19.6%76.2%30.4%76.2%19.0%1.2%11.3K-617.0K-2.3K0.80107.03N/AN/A6653620220
2020-11-24$25.51$22.5063.7%18.3%75.5%28.0%63.6%42.9%0.1%11.7K-666.6K-2.5K0.68111.05N/AN/A7249645244
2020-11-25$24.42$22.50109.9%31.5%77.9%50.9%109.1%-9.2%-39.3%9.6K-565.1K-2.8K0.25110.07N/AN/A6015693273
2020-11-27$25.78$25.0075.1%21.5%66.0%33.6%80.1%38.8%-6.3%12.6K-690.6K-2.9K0.67133.50N/AN/A96743287
2020-11-30$27.02$25.0092.0%26.4%57.1%42.0%79.2%38.6%-43.2%14.7K-842.9K-2.8K0.10127.60N/AN/A202746287