RDVI Options History — December 2023

In December 2023, RDVI traded between $21.69 and $23.22. ATM implied volatility averaged 35.3%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 20.6% (HV 20d: 14.7%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2023-12-12: Largest IV spike — 73.9% change
  • 2023-12-26: Highest IV Rank — 35.7%
  • 2023-12-01: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.59$21.69$23.22$21.98$23.09
ATM IV35.3%21.9%70.4%38.6%32.8%
Expected Move8.2%6.3%11.1%11.1%9.4%
HV 20d14.7%12.9%16.3%16.3%14.6%
HV 60d15.7%15.2%16.4%15.4%15.8%
IV Rank26.5%14.4%35.7%27.1%33.8%
IV Percentile47.8%14.8%75.6%48.4%68.7%
Term Structure-5.4%-13.7%0.7%-13.7%-8.4%
Skew 25d3.3%-8.7%16.8%2.9%4.1%
Skew 10d9.4%3.1%35.2%4.1%12.6%
Call IV 25d32.5%11.6%47.7%47.7%39.5%
Put IV 25d35.9%24.3%50.6%50.6%43.6%
Bid-Ask Spread %136.16115.39140.58136.47136.63
Gamma HHI1.001.001.001.001.00
Net GEX00000
Net DEX-2.3K-2.3K-2.2K-2.2K-2.3K
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$21.98$0.0038.6%11.1%16.3%0.0%0.0%2.9%-13.7%0-2.2K00.00136.47N/AN/A0010
2023-12-04$21.98$0.0045.8%7.7%15.3%0.0%0.0%2.7%-5.5%0-2.2K00.00139.32N/AN/A0010
2023-12-05$21.80$0.0027.3%7.8%15.1%0.0%0.0%4.1%-5.6%0-2.2K00.00139.44N/AN/A0010
2023-12-06$21.69$0.0040.9%7.8%15.2%0.0%0.0%3.6%-5.6%0-2.2K00.00138.09N/AN/A0010
2023-12-07$21.83$0.0050.1%8.0%15.0%0.0%0.0%3.2%-6.0%0-2.2K00.00140.58N/AN/A0010
2023-12-08$22.02$0.0052.4%8.1%14.6%0.0%0.0%2.7%-5.9%0-2.2K00.00139.91N/AN/A0010
2023-12-11$22.13$0.0040.5%8.0%14.4%0.0%0.0%2.4%-5.7%0-2.2K00.00138.33N/AN/A0010
2023-12-12$22.09$0.0070.4%7.9%14.5%0.0%0.0%3.3%-6.0%0-2.2K00.00140.24N/AN/A0010
2023-12-13$22.48$0.0025.8%7.4%12.9%0.0%0.0%4.1%-4.6%0-2.2K00.00136.07N/AN/A0010
2023-12-14$23.05$0.0026.9%7.7%15.1%0.0%0.0%3.8%-1.3%0-2.3K00.00138.39N/AN/A0010
2023-12-15$22.93$0.0028.6%8.2%14.6%0.0%0.0%2.6%-5.7%0-2.3K00.00139.85N/AN/A0010
2023-12-18$22.94$0.0029.0%8.3%14.5%27.1%0.0%-3.5%-4.8%0-2.3K00.00139.13N/AN/A0010
2023-12-19$23.21$0.0027.8%8.0%14.8%24.9%0.0%-8.7%-4.1%0-2.3K00.00137.75N/AN/A0010
2023-12-20$22.95$0.0021.9%6.3%14.3%14.4%0.0%3.4%-5.1%0-2.3K00.00137.49N/AN/A0010
2023-12-21$23.11$0.0030.3%8.7%14.3%29.4%0.0%4.9%-5.2%0-2.3K00.00139.15N/AN/A0010
2023-12-22$23.04$0.0027.5%7.9%14.6%24.4%0.0%-0.4%0.7%0-2.3K00.00136.82N/AN/A0010
2023-12-26$23.22$0.0033.9%9.7%14.4%35.7%0.0%3.2%-6.9%0-2.3K00.00131.51N/AN/A0010
2023-12-27$23.16$0.0032.9%9.4%14.6%33.9%0.0%11.4%-7.9%0-2.3K00.00115.39N/AN/A0010
2023-12-28$23.19$0.0021.9%6.3%14.6%14.6%0.0%16.8%-0.5%0-2.3K00.00122.71N/AN/A0010
2023-12-29$23.09$0.0032.8%9.4%14.6%33.8%0.0%4.1%-8.4%0-2.3K00.00136.63N/AN/A0010