RCUS Options History — December 2023

In December 2023, RCUS traded between $15.56 and $19.55. ATM implied volatility averaged 83.6%, placing in the 40.2% IV rank vs the trailing year. The 30-day expected move averaged 25.1%. IV traded above realized volatility by 31.1% (HV 20d: 52.5%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2023-12-01: Highest Volume — 990 contracts
  • 2023-12-08: Largest IV drop — 35.2% change
  • 2023-12-27: Highest IV Rank — 50.7%
  • 2023-12-27: Largest Expected Move — 27.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.27$15.56$19.55$15.98$19.32
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV83.6%57.4%95.7%84.4%94.2%
Expected Move25.1%21.9%27.4%24.2%27.0%
HV 20d52.5%40.4%75.2%75.2%50.5%
HV 60d60.3%58.4%61.4%59.7%58.4%
IV Rank40.2%17.4%50.7%40.9%49.5%
IV Percentile67.9%17.9%85.7%71.4%83.7%
Term Structure-6.4%-22.5%28.5%-5.1%-9.1%
VWIV90.7%66.1%134.1%80.4%95.9%
Skew 25d-2.0%-6.6%13.9%-6.5%-1.7%
Skew 10d-5.4%-26.3%10.7%-26.3%-4.3%
Call IV 25d92.0%77.4%98.8%77.4%97.2%
Put IV 25d90.0%70.9%97.3%70.9%95.5%
Bid-Ask Spread %51.0037.9666.8666.8637.96
Gamma HHI0.460.390.620.430.62
Net GEX121.3K94.3K177.8K94.3K153.9K
Net DEX-7.6M-10.6M-5.0M-5.0M-9.4M
Net VEX-24.2K-27.4K-20.7K-25.1K-20.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.002.050.052.05
Total Volume223.1519990990232
Total OI16,204.0515,31116,70015,55615,311

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$15.98$12.5084.4%24.2%75.2%40.9%80.4%-6.5%-5.1%94.3K-5.0M-25.1K0.0566.86N/AN/A9395111,8443,712
2023-12-04$16.05$12.5082.9%25.5%73.9%39.7%91.0%-6.3%-7.9%108.0K-6.8M-27.4K0.7243.57N/AN/A18313112,7503,696
2023-12-05$15.66$12.5079.7%21.9%70.9%36.9%77.4%13.9%28.5%103.1K-6.1M-24.8K0.4959.50N/AN/A803912,7233,825
2023-12-06$15.66$12.5072.1%22.4%67.7%30.2%89.3%-5.0%7.8%99.8K-5.7M-25.4K0.4651.04N/AN/A371712,7563,855
2023-12-07$15.56$12.5095.3%25.0%66.9%50.4%88.1%-0.3%-5.1%96.8K-5.3M-24.7K0.6751.33N/AN/A332212,7463,871
2023-12-08$15.96$12.5061.7%25.3%45.3%21.2%88.4%-1.7%-10.1%100.1K-6.1M-24.8K1.1352.10N/AN/A161812,7653,891
2023-12-11$16.00$12.5057.4%25.2%43.8%17.4%89.1%-1.1%-10.4%99.6K-6.1M-24.0K0.2156.00N/AN/A471012,7713,909
2023-12-12$16.09$12.5066.5%25.1%43.5%25.3%89.0%-1.7%-8.5%94.6K-6.2M-23.8K0.9654.93N/AN/A15715112,7813,919
2023-12-13$17.26$12.5088.1%25.2%45.7%44.1%88.0%-6.6%-8.2%127.5K-8.5M-25.9K0.0053.26N/AN/A764212,8133,874
2023-12-14$17.47$12.5087.1%25.0%45.3%43.2%66.1%-2.6%-8.7%135.0K-8.6M-26.8K0.1348.02N/AN/A771012,7173,875
2023-12-15$18.24$12.5087.3%25.0%41.4%43.4%91.8%-3.8%-22.5%133.4K-10.1M-27.0K0.1052.48N/AN/A1051112,7883,873
2023-12-18$17.77$12.5087.6%25.1%43.0%43.7%89.4%-1.7%-2.9%124.0K-7.8M-23.9K0.1252.99N/AN/A34412,0433,778
2023-12-19$18.37$12.5088.3%25.3%40.4%44.3%91.8%-2.1%-3.0%133.4K-9.1M-24.7K0.4049.03N/AN/A602412,0723,778
2023-12-20$17.19$12.5088.3%25.3%49.0%44.3%91.2%-2.3%-13.6%112.3K-6.9M-23.2K0.0055.84N/AN/A169012,0943,793
2023-12-21$17.59$12.5090.2%25.9%49.0%46.0%90.5%-0.9%-3.2%116.4K-7.4M-22.2K0.3347.39N/AN/A511711,9903,793
2023-12-22$18.27$12.5089.6%25.7%49.7%45.5%91.8%-1.7%-7.1%132.4K-8.7M-23.1K0.4946.37N/AN/A673312,0263,810
2023-12-26$18.57$12.5092.0%26.4%49.5%47.6%93.1%-3.4%-11.6%139.4K-9.0M-22.2K0.0042.53N/AN/A19012,0853,840
2023-12-27$18.76$12.5095.7%27.4%49.5%50.7%97.6%-1.2%-12.1%144.2K-9.4M-21.6K0.0147.32N/AN/A99112,0903,840
2023-12-28$19.55$12.5083.0%23.8%49.9%39.8%134.1%-2.8%-14.5%177.8K-10.6M-22.7K0.0151.46N/AN/A745812,1433,841
2023-12-29$19.32$12.5094.2%27.0%50.5%49.5%95.9%-1.7%-9.1%153.9K-9.4M-20.7K2.0537.96N/AN/A7615611,4633,848