RCUS Options History — April 2023

In April 2023, RCUS traded between $17.02 and $20.00. ATM implied volatility averaged 77.5%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 18.8% (HV 20d: 58.7%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 3.94.

Notable Days

  • 2023-04-18: Highest Volume — 2,405 contracts
  • 2023-04-21: Largest IV spike — 39.8% change
  • 2023-04-28: Highest IV Rank — 38.3%
  • 2023-04-28: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.23$17.02$20.00$18.12$17.77
Max Pain$18.95$17.50$20.00$20.00$20.00
ATM IV77.5%49.7%98.0%65.7%98.0%
Expected Move22.9%16.5%28.1%18.8%28.1%
HV 20d58.7%46.4%66.2%53.8%62.6%
HV 60d54.5%50.7%56.5%54.7%54.9%
IV Rank23.0%4.7%38.3%13.4%38.3%
IV Percentile32.6%1.2%72.2%8.7%72.2%
Term Structure-3.8%-34.9%15.9%-16.6%-8.8%
VWIV81.3%55.8%108.3%74.5%88.9%
Skew 25d7.0%-4.6%41.8%4.0%2.5%
Skew 10d15.9%-31.8%57.5%5.7%-25.3%
Call IV 25d75.3%42.7%100.2%67.7%88.5%
Put IV 25d82.3%65.1%102.3%71.7%91.0%
Bid-Ask Spread %82.6068.8494.5084.5584.48
Gamma HHI0.390.310.760.310.36
Net GEX48.4K-114.7K452.2K-10.8K75.9K
Net DEX-2.8M-8.3M965.5K-973.4K-2.8M
Net VEX-26.9K-29.9K-22.7K-24.9K-28.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.940.0035.760.300.01
Total Volume663.89572,4051,85571
Total OI15,402.15812,66918,38512,77714,000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$18.12$20.0065.7%18.8%53.8%13.4%74.5%4.0%-16.6%-10.8K-973.4K-24.9K0.3084.55N/AN/A1,4304257,9014,876
2023-04-04$17.77$20.0069.8%20.0%54.3%15.6%55.8%20.1%15.9%8.3K-1.1M-27.4K0.1993.61N/AN/A4799,2075,301
2023-04-05$17.73$20.0057.5%16.5%54.3%8.9%0.0%5.4%9.7%-14.2K-1.0M-26.9K0.0086.27N/AN/A1009,2025,307
2023-04-06$17.59$17.5049.7%18.9%48.2%4.7%67.3%11.3%9.1%-47.4K-674.6K-24.9K0.0094.50N/AN/A709,1995,307
2023-04-10$17.36$17.5060.9%20.5%48.4%10.8%73.8%1.1%-4.8%-66.3K353.4K-23.3K0.0887.57N/AN/A1,055859,2005,307
2023-04-11$17.73$17.5056.5%22.0%46.4%8.4%73.6%7.9%2.2%-55.0K-876.6K-24.9K2.2581.54N/AN/A122710,2385,315
2023-04-12$17.02$17.5074.6%21.4%48.7%18.2%74.8%-0.1%-10.0%-80.0K965.5K-22.7K35.7683.92N/AN/A2175110,2385,316
2023-04-13$18.63$17.5077.4%22.2%58.2%19.7%72.1%12.6%4.1%51.1K-3.9M-28.1K0.0282.12N/AN/A6161010,2316,042
2023-04-14$17.55$17.5083.7%24.0%62.5%23.1%65.6%3.6%4.3%-114.7K-545.0K-26.4K0.0778.89N/AN/A85610,7256,045
2023-04-17$18.98$17.5079.0%22.6%65.7%25.5%63.6%5.6%-8.1%74.7K-5.1M-26.0K1.5171.93N/AN/A6851,03210,7816,050
2023-04-18$18.66$17.5080.8%23.2%66.2%26.8%88.6%14.8%-13.4%11.4K-3.8M-27.6K28.6968.84N/AN/A812,32411,0676,893
2023-04-19$19.12$20.0072.9%20.9%66.1%21.4%0.0%8.3%7.3%108.2K-5.2M-29.1K0.2880.64N/AN/A601711,0757,310
2023-04-20$19.04$20.0069.4%19.9%63.1%19.1%101.1%41.8%7.2%117.9K-5.0M-26.3K0.2592.71N/AN/A401011,1077,232
2023-04-21$20.00$20.0097.0%27.8%64.7%37.6%94.7%-4.6%4.9%452.2K-8.3M-27.0K0.2985.70N/AN/A1,45842711,0997,232
2023-04-24$19.24$20.0097.1%27.8%61.4%37.6%98.3%2.0%-34.9%128.5K-5.4M-29.2K1.3078.62N/AN/A4796248,4474,222
2023-04-25$18.41$20.0093.7%26.9%63.7%35.4%108.3%1.0%-13.6%107.0K-4.3M-29.9K0.0282.63N/AN/A32578,7324,742
2023-04-26$17.95$20.0092.9%26.6%64.2%34.8%94.8%-1.1%-14.6%95.0K-3.2M-28.7K3.5575.91N/AN/A772738,9654,744
2023-04-27$17.68$20.0095.8%27.5%63.5%36.8%86.6%-3.4%-12.8%76.7K-2.7M-29.0K0.2775.01N/AN/A2269,0284,958
2023-04-28$17.77$20.0098.0%28.1%62.6%38.3%88.9%2.5%-8.8%75.9K-2.8M-28.9K0.0184.48N/AN/A7019,0454,955