RCUS Options History — July 2023

In July 2023, RCUS traded between $19.32 and $23.63. ATM implied volatility averaged 73.2%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded above realized volatility by 24.0% (HV 20d: 49.1%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.77.

Notable Days

  • 2023-07-07: Highest Volume — 4,268 contracts
  • 2023-07-19: Largest IV spike — 58.0% change
  • 2023-07-19: Highest IV Rank — 42.9%
  • 2023-07-19: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.70$19.32$23.63$20.38$19.79
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV73.2%57.9%98.5%58.5%88.6%
Expected Move21.1%16.7%28.2%16.8%25.4%
HV 20d49.1%42.5%53.9%44.0%51.5%
HV 60d71.4%69.9%74.0%73.3%69.9%
IV Rank24.0%12.6%42.9%13.1%35.6%
IV Percentile32.7%10.3%78.6%10.3%61.9%
Term Structure-3.7%-28.2%25.8%7.7%-15.9%
VWIV76.0%58.2%101.1%58.2%94.9%
Skew 25d-5.2%-17.8%6.0%-10.0%-14.9%
Skew 10d-4.5%-29.5%67.4%-18.0%-29.5%
Call IV 25d78.5%65.5%106.4%66.5%100.3%
Put IV 25d73.4%56.5%94.9%56.5%85.4%
Bid-Ask Spread %62.4838.45106.3668.7956.98
Gamma HHI0.290.190.710.260.20
Net GEX340.4K73.0K1.2M274.5K113.7K
Net DEX-11.3M-24.5M-3.8M-10.3M-6.2M
Net VEX-71.3K-75.3K-66.6K-71.6K-73.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.054.064.060.09
Total Volume1,062.3484,268167613
Total OI28,312.422,15032,03628,20425,704

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$20.38$20.0058.5%16.8%44.0%13.1%58.2%-10.0%7.7%274.5K-10.3M-71.6K4.0668.79N/AN/A3313415,99012,214
2023-07-05$20.79$20.0058.2%16.7%43.9%12.8%64.5%-12.9%10.8%302.8K-12.1M-69.5K0.3566.89N/AN/A572015,99212,329
2023-07-06$20.73$20.0058.1%19.0%43.5%12.7%67.4%-1.8%6.2%318.3K-12.1M-66.6K0.0542.34N/AN/A1,91010316,02612,344
2023-07-07$20.34$20.0057.9%18.8%42.5%12.6%65.1%-2.5%1.1%288.7K-10.1M-66.9K1.6151.95N/AN/A1,6332,63515,90012,437
2023-07-10$21.77$20.0070.2%17.5%48.1%21.8%65.9%1.3%13.2%372.2K-17.1M-74.7K0.3152.16N/AN/A2267017,26912,579
2023-07-11$22.69$20.0062.5%19.3%49.8%16.0%67.3%-3.2%10.9%403.1K-20.8M-71.0K0.8552.54N/AN/A46939917,38612,639
2023-07-12$23.63$20.0060.0%17.2%45.5%14.2%61.0%-9.7%25.8%393.4K-24.5M-71.9K0.1676.23N/AN/A99116017,53712,909
2023-07-13$22.73$20.0067.7%19.4%47.3%19.9%69.4%4.5%1.4%412.3K-20.4M-73.2K0.8163.37N/AN/A12410017,75713,189
2023-07-14$21.99$20.0080.9%23.2%45.7%29.8%78.4%-0.6%-7.3%478.6K-18.1M-69.9K1.4767.92N/AN/A19929317,78213,115
2023-07-17$21.62$20.0066.7%19.1%46.4%19.2%65.9%2.7%8.0%404.8K-16.3M-71.0K0.7062.03N/AN/A1278917,94613,332
2023-07-18$20.37$20.0062.3%17.9%51.2%15.9%61.5%-3.6%-0.8%409.8K-10.1M-71.1K2.3771.03N/AN/A1,1052,62317,90813,418
2023-07-19$19.86$20.0098.5%28.2%51.6%42.9%70.5%6.0%-27.6%401.6K-8.2M-73.7K0.14106.36N/AN/A1462118,64713,389
2023-07-20$19.45$20.0064.3%18.4%52.2%17.4%66.0%-0.9%-4.1%546.0K-5.6M-70.6K0.1772.49N/AN/A41718,58413,445
2023-07-21$20.09$20.0080.5%23.1%53.0%29.5%90.3%-12.8%-28.2%1.2M-10.1M-70.6K0.1373.55N/AN/A2,10426318,58713,326
2023-07-24$19.55$20.0089.7%25.7%53.9%36.3%98.6%-10.8%-12.5%79.7K-4.8M-70.3K0.2050.52N/AN/A66913311,84310,307
2023-07-25$19.32$20.0082.2%23.6%53.9%30.8%90.1%3.8%-11.8%79.7K-3.8M-72.2K0.2368.85N/AN/A2746212,36410,438
2023-07-26$19.56$20.0090.8%26.0%53.5%37.2%101.1%-17.8%-19.2%90.2K-5.0M-73.2K0.2638.45N/AN/A1183112,51610,499
2023-07-27$19.33$20.0080.2%23.0%52.1%29.3%84.7%-3.9%-15.3%73.0K-4.7M-69.7K1.0654.48N/AN/A1,4021,49112,59010,529
2023-07-28$20.06$20.0085.5%24.5%53.3%33.2%98.3%-16.1%-17.1%126.3K-6.7M-75.3K0.3352.67N/AN/A2789313,90211,580
2023-07-31$19.79$20.0088.6%25.4%51.5%35.6%94.9%-14.9%-15.9%113.7K-6.2M-73.2K0.0956.98N/AN/A5644914,05211,652