RCUS Options History — September 2025

In September 2025, RCUS traded between $10.84 and $13.59. ATM implied volatility averaged 108.0%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 30.4%. IV traded above realized volatility by 61.0% (HV 20d: 47.0%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2025-09-25: Highest Volume — 373 contracts
  • 2025-09-09: Largest IV spike — 114.6% change
  • 2025-09-09: Highest IV Rank — 59.2%
  • 2025-09-09: Largest Expected Move — 39.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.08$10.84$13.59$10.84$13.59
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV108.0%85.4%183.2%114.3%97.8%
Expected Move30.4%24.6%39.3%32.8%28.0%
HV 20d47.0%42.9%54.1%44.8%43.3%
HV 60d50.9%49.1%53.5%51.8%49.2%
IV Rank28.5%19.2%59.2%31.1%24.3%
IV Percentile61.6%42.5%97.6%69.4%54.4%
Term Structure-11.5%-65.0%28.8%-65.0%0.9%
VWIV114.1%60.5%137.7%60.5%128.8%
Skew 25d-29.8%-160.1%38.5%-38.6%-18.9%
Skew 10d-18.4%-266.5%44.7%-108.3%34.2%
Call IV 25d131.0%63.0%261.4%99.3%127.6%
Put IV 25d101.2%56.2%141.2%60.7%108.7%
Bid-Ask Spread %90.5568.83147.75147.7587.18
Gamma HHI0.420.400.440.440.42
Net GEX210.4K183.1K239.8K215.6K239.8K
Net DEX-26.0M-31.8M-19.7M-19.7M-31.8M
Net VEX-96.0K-98.9K-92.4K-93.7K-96.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.001.430.110.13
Total Volume152.7141037349112
Total OI36,07235,50336,75935,50336,759

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$10.84$10.00114.3%32.8%44.8%31.1%60.5%-38.6%-65.0%215.6K-19.7M-93.7K0.11147.75N/AN/A44534,0481,455
2025-09-03$11.57$10.0094.5%27.1%48.9%23.0%78.9%-160.1%-8.6%190.7K-24.7M-97.6K0.00125.26N/AN/A215034,0641,456
2025-09-04$11.63$10.00101.7%28.4%48.7%25.9%93.6%-29.6%15.5%196.1K-24.7M-98.2K0.00105.38N/AN/A328034,1071,456
2025-09-05$12.11$10.00119.3%27.3%48.9%33.1%114.8%-19.7%14.3%193.9K-25.7M-98.9K0.0188.84N/AN/A67134,4191,456
2025-09-08$11.41$10.0085.4%32.7%53.5%19.2%103.1%-15.7%0.2%189.4K-24.1M-95.2K0.8677.56N/AN/A978334,4371,457
2025-09-09$11.29$10.00183.2%39.3%54.1%59.2%134.4%-156.9%28.8%183.1K-22.3M-92.4K0.11106.89N/AN/A9134,4921,530
2025-09-10$11.75$10.0095.3%27.3%51.6%23.3%117.8%-10.9%7.6%215.6K-23.7M-95.5K0.1485.78N/AN/A901334,5011,531
2025-09-11$11.46$10.0096.0%27.5%51.8%23.6%121.0%-34.6%-3.2%214.2K-23.3M-95.3K0.0392.26N/AN/A31134,5821,542
2025-09-12$11.59$10.0091.7%26.3%50.7%21.8%77.1%38.5%-2.0%220.4K-23.7M-95.7K0.7792.62N/AN/A262034,5951,543
2025-09-15$11.58$10.00114.8%32.9%47.6%31.2%111.5%-17.2%-10.8%216.6K-24.0M-94.6K0.1076.74N/AN/A49534,5811,543
2025-09-16$11.79$10.00118.6%34.0%47.8%32.8%129.6%-25.5%-8.9%216.6K-24.8M-96.8K0.0778.39N/AN/A46334,5831,548
2025-09-17$11.98$10.00114.1%32.7%44.4%31.0%118.6%-9.8%-14.1%214.8K-26.0M-96.0K0.0491.16N/AN/A154634,5591,547
2025-09-18$12.38$10.0096.1%27.6%45.1%23.6%123.2%-0.7%4.9%232.9K-27.7M-96.7K0.0191.93N/AN/A79134,6351,552
2025-09-19$12.33$10.0092.6%26.6%45.1%22.2%102.8%-10.9%-10.3%195.8K-27.1M-96.3K0.0781.43N/AN/A96734,6521,553
2025-09-22$12.61$10.0085.6%24.6%45.3%19.3%120.2%-36.2%-9.4%196.6K-28.3M-97.2K0.0075.92N/AN/A370134,4211,487
2025-09-23$12.57$10.00127.7%36.6%42.9%36.5%127.9%-27.7%-37.4%213.3K-28.5M-96.1K0.2578.79N/AN/A1744434,5561,488
2025-09-24$12.48$10.00134.8%38.6%43.3%39.4%137.7%14.6%-10.1%216.3K-27.8M-96.0K1.4368.83N/AN/A11816934,5141,528
2025-09-25$12.66$10.00100.4%28.8%43.0%25.4%129.9%-15.0%-59.9%215.1K-29.3M-94.4K0.0181.13N/AN/A369434,6001,697
2025-09-26$12.72$10.00101.1%29.0%42.9%25.7%128.7%-23.0%-52.1%224.4K-28.0M-95.8K0.0283.82N/AN/A99234,7841,696
2025-09-29$13.25$10.00103.8%29.8%43.8%26.8%135.6%-28.0%-22.9%216.1K-31.1M-97.4K0.0383.91N/AN/A261734,8601,698
2025-09-30$13.59$10.0097.8%28.0%43.3%24.3%128.8%-18.9%0.9%239.8K-31.8M-96.8K0.1387.18N/AN/A991335,0551,704