RCUS Options History — May 2023

In May 2023, RCUS traded between $17.30 and $21.89. ATM implied volatility averaged 90.0%, placing in the 34.7% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded above realized volatility by 24.0% (HV 20d: 66.0%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-05-04: Highest Volume — 7,043 contracts
  • 2023-05-04: Largest IV spike — 36.4% change
  • 2023-05-04: Highest IV Rank — 56.2%
  • 2023-05-09: Largest Expected Move — 27.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.86$17.30$21.89$18.38$20.62
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV90.0%63.5%124.7%90.3%89.3%
Expected Move24.0%18.2%27.8%25.9%25.6%
HV 20d66.0%52.1%103.7%62.5%102.7%
HV 60d58.4%53.4%75.5%53.4%75.2%
IV Rank34.7%16.8%56.2%33.1%36.1%
IV Percentile51.9%7.9%92.1%59.1%59.9%
Term Structure-7.2%-19.7%8.5%-6.6%-13.6%
VWIV89.0%68.4%111.3%95.7%89.3%
Skew 25d1.6%-15.7%16.0%-2.2%14.0%
Skew 10d4.5%-29.2%53.8%-17.5%5.9%
Call IV 25d90.1%68.0%108.5%97.1%87.9%
Put IV 25d91.7%73.1%110.5%94.9%101.9%
Bid-Ask Spread %75.4856.1395.8078.4672.66
Gamma HHI0.280.220.370.360.36
Net GEX264.2K96.3K541.8K111.4K301.2K
Net DEX-6.9M-17.6M-3.2M-4.0M-8.9M
Net VEX-54.4K-68.9K-27.3K-28.8K-64.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.001.660.080.47
Total Volume1,524.227727,04396200
Total OI25,080.31814,00531,09814,00527,859

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$18.38$20.0090.3%25.9%62.5%33.1%95.7%-2.2%-6.6%111.4K-4.0M-28.8K0.0878.46N/AN/A8979,0494,956
2023-05-02$17.80$20.0089.0%25.5%63.5%32.2%92.8%-6.7%-11.9%96.3K-3.2M-27.3K0.0084.71N/AN/A2,50519,1154,962
2023-05-03$18.52$20.0091.5%26.2%64.7%33.9%111.3%-6.9%-7.3%152.1K-4.9M-32.7K0.0785.33N/AN/A1,3169311,5664,963
2023-05-04$19.34$20.00124.7%20.6%66.3%56.2%75.6%-2.6%-9.0%198.9K-8.0M-37.8K1.6695.80N/AN/A2,6464,39712,7335,055
2023-05-05$19.60$20.00102.3%22.9%66.2%41.2%84.2%-15.7%-8.3%239.0K-8.7M-62.2K0.0072.68N/AN/A72015,3179,355
2023-05-08$19.82$20.00123.3%25.1%65.8%55.3%92.2%-0.3%-1.1%234.2K-9.2M-61.2K0.0274.99N/AN/A4921215,3289,355
2023-05-09$19.48$20.00119.9%27.8%66.1%53.0%94.9%14.3%-17.6%230.0K-7.8M-59.3K0.0173.54N/AN/A4,9117215,3469,362
2023-05-10$18.91$20.0095.8%27.5%65.2%36.8%94.4%7.4%-19.7%285.0K-7.4M-60.5K0.0476.82N/AN/A2,30210117,2639,418
2023-05-11$18.22$20.0083.1%23.8%58.5%28.3%86.0%5.8%4.9%355.5K-7.0M-61.1K0.2377.75N/AN/A1824119,1019,518
2023-05-12$18.39$20.0079.9%22.9%54.3%29.0%68.4%7.1%-5.7%305.6K-6.8M-59.9K1.0289.93N/AN/A656619,2749,549
2023-05-15$19.63$20.0078.6%22.5%52.1%28.1%82.4%8.1%7.6%471.8K-11.0M-65.1K0.3280.40N/AN/A1183819,3369,607
2023-05-16$18.07$20.0075.2%21.6%59.8%25.6%73.6%6.4%-1.9%274.6K-4.7M-52.8K0.6877.76N/AN/A16111019,4239,632
2023-05-17$18.21$20.0086.0%24.7%59.2%33.6%77.2%11.3%-16.0%298.3K-4.5M-54.5K0.2867.67N/AN/A792219,4609,734
2023-05-18$17.60$20.0087.5%25.1%60.2%34.7%85.9%0.7%-8.4%200.1K-3.4M-51.4K0.8875.69N/AN/A1,2741,12119,5029,734
2023-05-19$18.04$20.0093.6%26.8%58.0%39.3%103.8%-12.9%-9.4%205.7K-5.9M-58.0K0.2775.00N/AN/A1,25133820,47410,624
2023-05-22$18.12$20.0083.5%23.9%56.6%31.7%88.6%-8.8%-11.8%242.0K-5.2M-56.5K0.3063.33N/AN/A1986017,4667,416
2023-05-23$18.23$20.0070.3%20.1%54.6%21.9%95.1%-14.8%-1.3%261.5K-5.6M-58.4K0.0169.01N/AN/A321217,7047,548
2023-05-24$18.13$20.0063.5%18.2%53.8%16.8%85.0%3.4%8.5%285.8K-5.1M-56.4K0.2770.48N/AN/A892418,1197,577
2023-05-25$17.30$20.0081.2%23.3%56.2%30.0%100.4%1.0%-4.7%236.7K-3.3M-52.4K0.2776.64N/AN/A98426618,1987,605
2023-05-26$21.89$20.0074.6%21.4%101.1%25.1%86.7%16.0%-6.9%541.8K-17.6M-68.9K0.7556.13N/AN/A3,7092,76818,9097,825
2023-05-30$20.61$20.0096.1%27.5%103.7%41.1%95.0%11.7%-18.6%284.2K-9.9M-66.1K0.5965.77N/AN/A64838217,40810,022
2023-05-31$20.62$20.0089.3%25.6%102.7%36.1%89.3%14.0%-13.6%301.2K-8.9M-64.5K0.4772.66N/AN/A1366417,49510,364