RCUS Options History — September 2023

In September 2023, RCUS traded between $17.98 and $22.51. ATM implied volatility averaged 57.4%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded below realized volatility by 18.8% (HV 20d: 76.2%). 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 16 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2023-09-15: Highest Volume — 1,341 contracts
  • 2023-09-11: Largest IV spike — 39.5% change
  • 2023-09-29: Highest IV Rank — 35.6%
  • 2023-09-29: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.23$17.98$22.51$21.20$18.05
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV57.4%48.4%78.3%51.8%78.3%
Expected Move16.1%11.5%22.4%14.9%22.4%
HV 20d76.2%45.9%92.7%89.9%49.5%
HV 60d63.8%62.8%65.5%63.7%65.5%
IV Rank16.4%8.7%35.6%10.5%35.6%
IV Percentile14.9%1.6%46.8%2.8%46.8%
Term Structure4.1%-21.7%28.8%10.0%-21.7%
VWIV59.9%46.8%78.6%50.5%68.3%
Skew 25d-2.2%-19.6%13.0%0.4%5.5%
Skew 10d1.0%-41.2%35.7%17.2%1.8%
Call IV 25d62.1%47.8%82.3%51.7%68.9%
Put IV 25d59.9%48.3%74.4%52.1%74.4%
Bid-Ask Spread %82.6862.2791.5162.2787.42
Gamma HHI0.380.290.480.380.30
Net GEX186.9K66.1K326.9K195.6K66.1K
Net DEX-6.0M-12.3M-891.8K-8.2M-935.4K
Net VEX-55.2K-64.5K-45.2K-64.5K-45.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.001.670.240.50
Total Volume336.1181,3415618
Total OI23,45120,69325,50524,52023,085

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$21.20$20.0051.8%14.9%89.9%10.5%50.5%0.4%10.0%195.6K-8.2M-64.5K0.2462.27N/AN/A451112,45112,069
2023-09-05$21.88$20.0054.8%17.9%88.8%12.6%61.8%2.1%1.9%245.2K-10.1M-64.3K0.1178.90N/AN/A1511612,45312,079
2023-09-06$22.51$20.0049.4%15.6%89.0%8.7%55.2%-2.0%6.5%326.9K-12.3M-61.9K0.1881.60N/AN/A5209212,49812,071
2023-09-07$21.34$20.0050.7%16.4%91.1%9.7%57.5%-1.0%7.3%249.2K-8.7M-62.0K0.0575.27N/AN/A2601412,80212,129
2023-09-08$21.31$20.0054.5%15.9%90.9%12.5%56.5%0.1%-2.0%253.1K-8.6M-62.5K1.6782.86N/AN/A7512513,02312,127
2023-09-11$20.80$20.0076.1%11.5%91.4%28.1%59.8%-3.4%28.8%231.6K-7.4M-58.1K0.6991.51N/AN/A352413,00612,162
2023-09-12$21.29$20.0057.0%13.4%91.3%14.3%46.8%-0.5%13.9%299.1K-8.8M-57.4K0.3687.31N/AN/A1635813,01712,174
2023-09-13$20.80$20.0051.9%14.9%91.9%10.5%51.4%4.4%11.0%226.8K-7.0M-55.9K0.2883.25N/AN/A43612413,00912,191
2023-09-14$20.23$20.0048.4%13.9%92.7%9.6%48.4%13.0%6.2%177.6K-4.8M-55.8K0.7585.72N/AN/A322413,20612,292
2023-09-15$20.38$20.0055.9%16.0%92.4%16.1%62.3%-7.0%3.7%159.6K-6.5M-54.7K0.0281.66N/AN/A1,3182313,19412,311
2023-09-18$20.04$20.0051.7%14.8%89.3%12.5%60.7%-1.3%5.6%156.4K-5.2M-54.3K0.0083.52N/AN/A496211,5089,185
2023-09-19$20.38$20.0052.8%15.1%89.4%13.4%56.9%-3.3%5.2%192.1K-6.1M-53.3K0.0378.89N/AN/A77211,6359,187
2023-09-20$19.78$20.0048.8%14.0%90.0%10.0%56.0%12.9%3.4%163.3K-4.0M-49.7K0.5285.11N/AN/A271411,6999,189
2023-09-21$20.35$20.0053.4%15.3%45.9%13.9%78.6%-19.6%-4.3%193.8K-6.6M-54.6K0.0385.74N/AN/A8502811,7519,203
2023-09-22$19.88$20.0060.1%17.2%46.3%19.8%70.8%-7.6%2.0%165.1K-5.3M-53.2K0.1984.06N/AN/A4398412,4889,221
2023-09-25$18.51$20.0063.8%18.3%51.1%23.0%70.4%-10.0%-2.7%91.6K-1.9M-47.3K0.2590.45N/AN/A48912012,8369,277
2023-09-26$19.26$20.0059.7%17.1%52.6%19.4%58.1%-12.1%5.0%157.0K-4.5M-53.3K0.0186.96N/AN/A234213,2089,383
2023-09-27$18.72$20.0065.2%18.7%49.5%24.2%68.2%-8.2%0.1%116.0K-2.8M-49.4K0.2479.28N/AN/A2225313,4419,385
2023-09-28$17.98$20.0064.3%18.4%51.2%23.5%68.3%-5.6%2.3%71.6K-891.8K-45.2K1.1181.74N/AN/A91013,6529,423
2023-09-29$18.05$20.0078.3%22.4%49.5%35.6%0.0%5.5%-21.7%66.1K-935.4K-45.6K0.5087.42N/AN/A12613,6529,433