RCUS Options History — November 2023

In November 2023, RCUS traded between $13.52 and $16.48. ATM implied volatility averaged 74.5%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 4.8% (HV 20d: 69.8%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2023-11-30: Highest Volume — 1,451 contracts
  • 2023-11-08: Largest IV drop — 39.2% change
  • 2023-11-06: Highest IV Rank — 62.9%
  • 2023-11-24: Largest Expected Move — 25.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.65$13.52$16.48$15.75$15.04
Max Pain$14.40$12.50$17.50$17.50$12.50
ATM IV74.5%54.8%109.6%78.7%68.0%
Expected Move19.9%15.7%25.3%22.6%19.5%
HV 20d69.8%48.6%80.2%50.2%71.9%
HV 60d65.7%58.9%75.1%67.4%59.0%
IV Rank32.3%15.2%62.9%35.9%26.6%
IV Percentile49.2%12.3%91.3%54.0%43.7%
Term Structure-1.6%-21.6%10.8%-21.6%10.8%
VWIV65.4%47.4%86.2%86.2%61.0%
Skew 25d-3.5%-32.6%15.6%-13.9%-24.2%
Skew 10d16.5%-28.5%128.6%17.8%-28.5%
Call IV 25d69.0%53.1%90.1%90.1%74.3%
Put IV 25d65.5%49.7%76.2%76.2%50.2%
Bid-Ask Spread %82.1360.8797.9589.9960.87
Gamma HHI0.340.290.460.350.40
Net GEX53.4K-5.3K116.1K94.3K61.3K
Net DEX312.3K-1.9M2.9M128.8K-1.9M
Net VEX-20.2K-30.0K-13.9K-27.4K-20.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.005.710.000.02
Total Volume291.04831,451181,451
Total OI15,589.71413,43317,68815,96314,187

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$15.75$17.5078.7%22.6%50.2%35.9%86.2%-13.9%-21.6%94.3K128.8K-27.4K0.0089.99N/AN/A18011,6474,316
2023-11-02$15.86$17.50101.1%21.7%48.6%55.4%0.0%1.5%-10.0%90.0K621.0K-25.1K1.0075.88N/AN/A6611,6584,316
2023-11-03$16.48$17.5082.9%19.9%50.4%39.7%69.3%1.8%-0.3%116.1K-680.5K-30.0K0.0080.54N/AN/A45011,6584,318
2023-11-06$15.48$17.50109.6%20.3%55.0%62.9%70.8%2.1%-3.2%80.6K459.6K-25.0K1.1184.98N/AN/A23626111,6884,318
2023-11-07$16.39$17.50103.6%20.2%58.8%57.6%0.0%5.0%-2.2%113.5K-716.3K-28.1K0.0573.28N/AN/A88411,7584,579
2023-11-08$15.91$17.5063.0%18.1%59.0%22.3%60.3%-6.1%0.1%73.0K772.6K-24.3K1.6383.29N/AN/A274411,7874,582
2023-11-09$13.91$17.5063.7%18.3%75.0%22.9%65.0%-2.7%0.9%502.9M-15.4K1.9679.70N/AN/A6813311,7924,499
2023-11-10$13.57$17.5070.0%20.1%74.3%28.4%70.1%4.2%-2.6%-5.3K2.7M-15.4K0.2981.02N/AN/A96127711,8474,329
2023-11-13$13.52$12.5066.6%19.1%74.0%25.4%57.2%1.2%-3.1%8.5K2.2M-13.9K5.7187.08N/AN/A74012,8064,232
2023-11-14$14.31$12.5054.8%15.7%77.3%15.2%50.6%-3.2%5.5%22.5K1.0M-17.5K0.0087.19N/AN/A736012,8034,133
2023-11-15$14.70$12.5069.9%20.0%78.2%28.3%69.8%6.2%-5.2%81.6K-893.5K-20.8K0.1686.40N/AN/A3135013,5164,133
2023-11-16$14.00$12.5064.3%18.4%79.3%23.5%0.0%-5.5%-6.5%39.1K843.4K-18.7K0.0491.23N/AN/A27113,5014,161
2023-11-17$14.46$12.5071.5%20.5%79.8%29.7%67.0%0.7%-8.1%39.5K274.7K-19.5K1.4683.59N/AN/A7210513,5264,162
2023-11-20$13.98$12.5064.5%18.5%80.2%23.6%47.4%15.6%2.5%34.2K493.1K-17.3K0.0280.12N/AN/A13129,5613,872
2023-11-21$13.89$12.5064.7%18.5%79.3%23.8%66.5%0.4%3.6%34.5K421.6K-16.8K0.0087.95N/AN/A53109,6503,840
2023-11-22$13.86$12.5064.2%18.4%79.2%23.4%56.7%1.2%0.4%37.4K204.8K-16.7K0.0085.07N/AN/A38010,1583,840
2023-11-24$13.90$12.5088.1%25.3%79.2%44.2%0.0%-32.6%9.2%44.7K-250.1K-17.9K2.0097.95N/AN/A1210,1903,730
2023-11-27$13.93$12.5066.8%19.2%72.7%25.6%0.0%-3.0%6.6%45.8K-263.6K-17.3K0.0480.90N/AN/A2731010,1903,732
2023-11-28$14.11$12.5065.3%18.7%71.7%24.3%66.0%-1.9%4.4%45.7K-500.6K-17.1K0.0067.96N/AN/A32010,4623,732
2023-11-29$14.61$12.5084.1%24.1%71.0%40.7%82.7%-21.1%-13.6%65.1K-1.3M-18.7K0.0379.66N/AN/A113310,4433,732
2023-11-30$15.04$12.5068.0%19.5%71.9%26.6%61.0%-24.2%10.8%61.3K-1.9M-20.4K0.0260.87N/AN/A1,4173410,4563,731