RCUS Options History — February 2023

In February 2023, RCUS traded between $18.19 and $22.66. ATM implied volatility averaged 85.9%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 24.7%. IV traded above realized volatility by 29.0% (HV 20d: 56.9%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.02.

Notable Days

  • 2023-02-23: Highest Volume — 2,560 contracts
  • 2023-02-02: Largest IV drop — 28.3% change
  • 2023-02-01: Highest IV Rank — 43.8%
  • 2023-02-01: Largest Expected Move — 36.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.87$18.19$22.66$22.66$18.19
Max Pain$21.84$20.00$22.50$20.00$20.00
ATM IV85.9%72.3%128.6%128.6%83.4%
Expected Move24.7%20.8%36.9%36.9%23.9%
HV 20d56.9%47.5%71.0%64.9%50.3%
HV 60d106.3%99.0%111.0%110.0%99.0%
IV Rank19.0%11.1%43.8%43.8%17.6%
IV Percentile33.3%7.9%88.5%88.5%29.4%
Term Structure-5.1%-34.1%11.0%-19.8%-4.6%
VWIV87.0%49.1%137.7%137.7%80.9%
Skew 25d-1.9%-28.6%19.2%-10.0%6.3%
Skew 10d5.0%-50.0%117.1%-20.3%-6.2%
Call IV 25d86.4%60.9%146.0%146.0%80.0%
Put IV 25d84.5%65.4%136.1%136.1%86.3%
Bid-Ask Spread %67.4046.2589.4289.4276.39
Gamma HHI0.310.210.430.210.27
Net GEX14.1K-55.1K101.8K56.8K19.5K
Net DEX79.2K-4.3M2.1M-4.3M1.1M
Net VEX-29.9K-40.9K-24.9K-40.9K-26.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.023.140.451.85
Total Volume542.421102,5602,06574
Total OI18,223.8429,94121,73619,75412,749

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$22.66$20.00128.6%36.9%64.9%43.8%137.7%-10.0%-19.8%56.8K-4.3M-40.9K0.4589.42N/AN/A1,4236429,66410,090
2023-02-02$21.01$22.5092.2%28.8%71.0%22.7%100.5%-5.4%-7.7%43.6K-2.2M-39.4K1.4146.25N/AN/A9613510,23310,689
2023-02-03$20.51$22.5084.6%24.1%65.8%18.3%84.1%1.6%0.2%14.5K294.7K-35.6K0.9550.39N/AN/A32530910,24310,654
2023-02-06$20.84$22.5098.4%23.3%65.6%26.3%82.5%-0.7%2.7%28.1K-1.3M-35.5K1.7747.53N/AN/A132310,48810,959
2023-02-07$21.24$22.5072.3%25.3%60.2%11.1%89.0%6.0%-12.9%101.8K-2.1M-33.3K0.4460.06N/AN/A9410,54410,982
2023-02-08$20.96$22.5083.3%23.9%59.3%17.6%87.0%2.5%-3.1%82.7K-1.8M-33.6K0.1856.71N/AN/A17310,54710,984
2023-02-09$20.36$22.5077.6%22.2%60.6%14.2%77.7%-3.8%0.9%53.6K-258.1K-30.6K0.2850.86N/AN/A3138710,56410,985
2023-02-10$20.20$22.5080.0%22.9%60.8%15.6%80.0%5.6%-0.5%30.8K216.4K-29.5K0.0054.78N/AN/A01010,52311,061
2023-02-13$19.92$22.5080.5%23.1%54.9%15.9%49.1%17.2%-6.7%-14.2K1.2M-27.8K1.9586.77N/AN/A214110,52311,059
2023-02-14$19.66$22.5084.9%24.3%55.0%18.5%84.4%-1.9%8.9%-14.0K1.3M-26.2K3.1469.69N/AN/A4213210,53311,009
2023-02-15$19.64$22.5082.9%23.8%53.8%17.3%0.0%4.3%-4.6%-36.9K1.7M-26.2K0.0282.14N/AN/A106210,56911,068
2023-02-16$19.31$22.5073.9%21.2%47.5%12.1%0.0%7.0%7.0%-55.1K2.1M-25.2K2.2961.36N/AN/A30169010,66911,067
2023-02-17$20.16$22.5094.3%27.0%50.3%23.9%88.4%19.2%-19.5%-13.9K-472.8K-25.9K0.1676.74N/AN/A1,31321410,82910,481
2023-02-21$18.67$22.5089.5%25.7%53.5%21.1%94.4%-22.4%-0.8%-37.0K1.6M-24.9K0.6567.68N/AN/A93604,6995,242
2023-02-22$19.08$22.5084.7%24.3%52.2%18.3%81.6%-14.0%-9.3%-24.7K1.3M-25.6K0.0365.64N/AN/A1,050324,7985,284
2023-02-23$18.53$20.0072.5%20.8%52.3%11.3%87.7%-21.4%-3.2%-4.2K1.2M-25.7K0.0387.78N/AN/A2,475855,8195,316
2023-02-24$18.31$20.0074.1%21.2%52.3%12.2%91.8%-28.6%11.0%19.8K878.8K-28.5K2.6372.91N/AN/A32847,2755,344
2023-02-27$18.23$20.0094.2%27.0%51.1%23.9%81.9%3.0%-34.1%16.1K1.1M-27.2K0.1177.57N/AN/A4557,2955,415
2023-02-28$18.19$20.0083.4%23.9%50.3%17.6%80.9%6.3%-4.6%19.5K1.1M-26.5K1.8576.39N/AN/A26487,3335,416