RCUS Options History — March 2024

In March 2024, RCUS traded between $16.37 and $19.19. ATM implied volatility averaged 70.8%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 20.4%. IV traded below realized volatility by 1.1% (HV 20d: 71.9%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.53.

Notable Days

2024-03-13: Highest Volume — 6,109 contracts
2024-03-20: Largest IV spike — 117.2% change
2024-03-20: Highest IV Rank — 100.0%
2024-03-20: Largest Expected Move — 38.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.08	$16.37	$19.19	$19.02	$19.02
Max Pain	$14.88	$12.50	$15.00	$12.50	$15.00
ATM IV	70.8%	51.7%	133.8%	68.8%	56.5%
Expected Move	20.4%	16.2%	38.4%	19.7%	16.2%
HV 20d	71.9%	55.1%	82.9%	77.9%	69.3%
HV 60d	63.3%	61.5%	67.6%	61.7%	67.6%
IV Rank	36.8%	16.4%	100.0%	35.9%	19.8%
IV Percentile	42.4%	4.4%	100.0%	46.8%	12.3%
Term Structure	-1.2%	-72.9%	32.3%	0.2%	10.9%
VWIV	71.0%	57.5%	89.4%	83.2%	65.0%
Skew 25d	-2.6%	-23.4%	13.0%	13.0%	2.6%
Skew 10d	3.0%	-107.7%	90.5%	-3.2%	-0.6%
Call IV 25d	72.2%	58.7%	96.1%	69.0%	62.6%
Put IV 25d	69.6%	59.8%	82.0%	82.0%	65.2%
Bid-Ask Spread %	93.72	81.20	118.28	100.47	86.18
Gamma HHI	0.35	0.23	0.53	0.23	0.27
Net GEX	95.7K	67.1K	143.3K	67.1K	112.9K
Net DEX	-9.1M	-12.4M	-5.2M	-11.3M	-9.6M
Net VEX	-15.0K	-18.6K	-13.2K	-15.0K	-14.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.00	3.55	0.13	1.14
Total Volume	489.85	29	6,109	96	77
Total OI	10,004	8,897	11,522	10,449	9,608

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-03-01	$19.02	$12.50	68.8%	19.7%	77.9%	35.9%	83.2%	13.0%	0.2%	67.1K	-11.3M	-15.0K	0.13	100.47	N/A	N/A	85	11	8,380	2,069
2024-03-04	$18.84	$15.00	68.5%	20.1%	74.0%	35.7%	0.0%	-8.6%	-0.3%	68.9K	-11.0M	-14.4K	0.33	82.02	N/A	N/A	24	8	8,391	2,079
2024-03-05	$18.66	$15.00	69.3%	18.5%	74.4%	36.6%	63.7%	6.3%	4.5%	71.0K	-10.8M	-14.2K	0.19	89.52	N/A	N/A	190	37	8,413	2,087
2024-03-06	$19.19	$15.00	74.7%	22.9%	74.5%	42.7%	78.9%	-12.6%	-7.3%	72.2K	-11.6M	-14.1K	0.06	90.78	N/A	N/A	33	2	8,469	2,060
2024-03-07	$18.13	$15.00	51.7%	19.0%	77.3%	16.4%	69.2%	2.3%	-0.0%	79.5K	-10.2M	-13.8K	0.02	91.04	N/A	N/A	50	1	8,472	2,062
2024-03-08	$18.04	$15.00	62.3%	18.6%	77.4%	28.5%	70.2%	-8.4%	7.4%	75.0K	-9.9M	-13.8K	3.55	93.15	N/A	N/A	11	39	8,475	2,069
2024-03-11	$19.01	$15.00	88.8%	20.9%	77.9%	58.9%	89.4%	3.3%	-1.4%	73.5K	-11.1M	-14.1K	0.01	84.97	N/A	N/A	1,871	19	8,476	2,106
2024-03-12	$18.62	$15.00	65.5%	19.5%	77.8%	32.2%	0.0%	-1.9%	2.0%	85.3K	-10.3M	-13.6K	0.52	83.81	N/A	N/A	27	14	8,122	2,105
2024-03-13	$18.71	$15.00	70.2%	20.1%	72.1%	37.5%	57.5%	-14.2%	1.7%	80.5K	-10.2M	-13.2K	0.01	81.20	N/A	N/A	6,050	59	8,139	2,099
2024-03-14	$18.30	$15.00	65.3%	18.7%	72.2%	31.9%	83.1%	-1.5%	-7.1%	143.3K	-11.2M	-18.1K	0.00	84.43	N/A	N/A	29	0	9,374	2,120
2024-03-15	$19.13	$15.00	78.0%	22.4%	72.8%	46.6%	68.1%	-14.4%	28.2%	96.9K	-12.4M	-16.0K	0.02	114.88	N/A	N/A	126	3	9,402	2,120
2024-03-18	$17.23	$15.00	63.9%	18.3%	82.9%	30.4%	65.9%	-5.2%	9.3%	110.7K	-6.8M	-15.9K	0.78	83.84	N/A	N/A	112	87	7,192	1,705
2024-03-19	$17.27	$15.00	61.6%	17.7%	82.7%	27.7%	67.7%	-7.6%	32.3%	119.9K	-6.7M	-16.4K	0.14	105.13	N/A	N/A	42	6	7,305	1,792
2024-03-20	$17.46	$15.00	133.8%	38.4%	82.7%	100.0%	75.4%	-23.4%	-72.9%	74.8K	-6.6M	-18.6K	0.04	118.28	N/A	N/A	113	5	7,321	1,799
2024-03-21	$17.30	$15.00	72.7%	20.8%	55.1%	36.6%	62.3%	8.0%	-13.9%	104.1K	-7.4M	-15.8K	0.00	107.93	N/A	N/A	160	0	7,430	1,804
2024-03-22	$16.51	$15.00	68.3%	19.6%	56.6%	32.1%	66.8%	-7.5%	-6.4%	122.3K	-5.8M	-16.3K	2.89	107.36	N/A	N/A	19	55	7,404	1,804
2024-03-25	$16.37	$15.00	62.3%	17.9%	56.5%	25.8%	71.7%	12.3%	-1.2%	125.6K	-5.2M	-15.1K	0.35	93.50	N/A	N/A	40	14	7,402	1,850
2024-03-26	$16.49	$15.00	66.5%	19.1%	55.7%	30.2%	70.7%	6.3%	-7.8%	128.3K	-5.5M	-14.8K	0.30	87.37	N/A	N/A	23	7	7,409	1,865
2024-03-27	$18.36	$15.00	66.8%	19.2%	68.0%	30.6%	70.0%	-0.5%	-1.6%	102.7K	-8.5M	-13.2K	0.04	88.50	N/A	N/A	335	13	7,429	1,872
2024-03-28	$19.02	$15.00	56.5%	16.2%	69.3%	19.8%	65.0%	2.6%	10.9%	112.9K	-9.6M	-14.6K	1.14	86.18	N/A	N/A	36	41	7,730	1,878