RCUS Options History — August 2023

In August 2023, RCUS traded between $17.63 and $23.22. ATM implied volatility averaged 63.6%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 8.7% (HV 20d: 54.8%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 1.34.

Notable Days

  • 2023-08-16: Highest Volume — 8,515 contracts
  • 2023-08-08: Largest IV spike — 77.4% change
  • 2023-08-02: Highest IV Rank — 45.8%
  • 2023-08-02: Largest Expected Move — 29.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.48$17.63$23.22$19.43$20.79
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV63.6%37.4%102.4%86.2%58.4%
Expected Move17.5%10.7%29.4%24.7%16.7%
HV 20d54.8%30.6%89.7%51.8%89.7%
HV 60d66.3%62.0%69.5%69.5%63.9%
IV Rank18.0%0.0%45.8%33.7%15.3%
IV Percentile21.5%0.0%81.0%57.5%16.3%
Term Structure7.5%-28.9%42.3%-12.2%-7.4%
VWIV66.4%42.7%102.2%87.4%51.2%
Skew 25d1.5%-16.1%71.9%-13.4%10.2%
Skew 10d-0.5%-94.9%129.3%-23.1%13.4%
Call IV 25d63.5%45.6%102.1%102.1%50.0%
Put IV 25d65.0%43.7%126.6%88.8%60.1%
Bid-Ask Spread %78.8530.20102.5161.3174.71
Gamma HHI0.300.190.510.190.33
Net GEX24.4K-425.7K278.2K114.7K155.9K
Net DEX-4.1M-15.5M1.6M-5.2M-6.8M
Net VEX-68.5K-75.3K-59.4K-74.6K-66.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.005.420.210.52
Total Volume819.217338,51525238
Total OI26,598.52224,18730,76726,27524,511

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$19.43$20.0086.2%24.7%51.8%33.7%87.4%-13.4%-12.2%114.7K-5.2M-74.6K0.2161.31N/AN/A2094314,57411,701
2023-08-02$19.14$20.00102.4%29.4%51.3%45.8%102.2%-10.0%-28.9%95.0K-4.6M-74.4K0.7378.57N/AN/A62345514,77611,734
2023-08-03$19.13$20.0091.2%21.8%51.3%37.5%0.0%-2.5%10.8%91.9K-4.7M-74.4K0.2469.43N/AN/A591414,93112,176
2023-08-04$19.09$20.0089.6%21.9%51.0%36.3%77.3%4.3%29.5%90.7K-4.2M-75.3K1.9679.22N/AN/A6913514,94112,190
2023-08-07$18.37$20.0047.1%16.5%45.0%4.6%55.9%71.9%11.8%6.2K-1.1M-67.5K2.3192.39N/AN/A20447214,95112,323
2023-08-08$18.43$20.0083.7%13.5%41.3%31.8%42.7%-15.5%32.1%19.0K-1.1M-70.7K0.47100.43N/AN/A301415,05912,655
2023-08-09$17.98$20.0056.6%16.2%36.8%11.7%0.0%9.7%17.3%-68.1K445.6K-64.9K0.2787.46N/AN/A26715,04612,606
2023-08-10$18.43$20.0064.3%18.4%38.0%17.4%92.6%-1.0%8.2%-49-1.2M-64.6K0.3894.96N/AN/A893415,05412,612
2023-08-11$18.27$20.0054.4%15.6%37.0%10.0%52.9%4.7%14.9%-62.7K-48.9K-63.8K0.7089.03N/AN/A866015,12812,644
2023-08-14$18.02$20.0054.7%15.7%36.9%10.2%0.0%9.7%20.1%-224.7K1.2M-59.4K1.1999.43N/AN/A212515,09912,674
2023-08-15$17.96$20.0052.5%15.0%31.8%8.6%52.9%-4.1%21.0%-201.0K1.5M-59.8K2.23102.51N/AN/A10323015,39612,679
2023-08-16$17.88$20.0057.7%16.5%31.0%12.5%59.4%-0.4%15.6%-241.5K1.1M-61.7K0.9599.00N/AN/A4,3744,14115,48912,698
2023-08-17$17.63$20.0037.4%10.7%30.6%0.0%99.7%5.2%42.3%-425.7K1.6M-67.3K1.0198.40N/AN/A22222416,80313,584
2023-08-18$18.98$20.0062.9%18.0%39.5%18.5%70.6%-6.1%7.3%15.3K-2.5M-73.4K0.0089.43N/AN/A1,138516,98913,778
2023-08-21$19.02$20.0066.4%19.0%38.5%21.1%72.2%-16.1%-8.3%20.8K-3.6M-73.2K0.2787.30N/AN/A1875013,15711,756
2023-08-22$18.77$20.0066.2%19.0%38.6%20.9%67.6%-11.4%-2.0%11.8K-3.0M-70.3K5.2788.24N/AN/A2613713,21311,742
2023-08-23$23.22$20.0064.1%18.4%85.3%19.5%63.9%-0.7%-10.1%278.2K-15.5M-73.2K0.2430.20N/AN/A3,02772213,21411,632
2023-08-24$23.10$20.0054.9%15.7%85.1%12.7%56.4%-2.8%0.7%235.7K-13.8M-70.4K0.6355.69N/AN/A47429712,33011,857
2023-08-25$22.45$20.0051.8%14.9%85.5%10.5%57.5%-6.4%-2.4%243.1K-11.7M-70.0K3.0063.64N/AN/A6619812,45612,020
2023-08-28$21.56$20.0053.8%15.4%86.8%12.0%54.4%-2.3%1.7%219.9K-9.5M-66.7K5.4246.12N/AN/A5027112,47212,065
2023-08-29$20.33$20.0054.5%15.6%89.3%12.5%56.3%8.9%4.4%100.4K-5.6M-68.3K2.6059.87N/AN/A4210912,48312,065
2023-08-30$20.16$20.0051.9%14.9%89.2%10.5%54.7%3.2%5.5%85.4K-4.9M-65.7K0.2966.19N/AN/A28812,43912,064
2023-08-31$20.79$20.0058.4%16.7%89.7%15.3%51.2%10.2%-7.4%155.9K-6.8M-66.3K0.5274.71N/AN/A251312,43812,073