RDVI Options History — January 2024

In January 2024, RDVI traded between $22.34 and $23.09. ATM implied volatility averaged 30.8%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 19.6% (HV 20d: 11.2%). Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-16: Highest Volume — 7 contracts
  • 2024-01-30: Largest IV spike — 163.4% change
  • 2024-01-09: Highest IV Rank — 50.1%
  • 2024-01-30: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.72$22.34$23.09$23.05$22.74
ATM IV30.8%14.1%42.1%36.4%29.3%
Expected Move8.4%4.0%10.6%10.4%8.4%
HV 20d11.2%8.3%14.3%14.1%10.9%
HV 60d15.0%13.9%15.8%15.8%13.9%
IV Rank30.1%0.7%50.1%40.0%27.6%
IV Percentile56.3%1.3%91.4%82.2%50.3%
Term Structure-4.9%-12.9%11.4%-11.7%-6.5%
Skew 25d0.7%-16.2%7.5%-4.4%-10.8%
Skew 10d8.7%-8.8%28.7%2.1%7.0%
Call IV 25d33.3%19.0%42.7%40.9%42.7%
Put IV 25d34.0%12.0%42.5%36.4%31.9%
Bid-Ask Spread %135.24121.73140.21135.73132.26
Gamma HHI0.840.421.001.000.45
Net GEX10600
Net DEX-4.1K-15.8K0-2.3K0
Net VEX-0-1000
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3330700
Total OI1.810710

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$23.05$0.0036.4%10.4%14.1%40.0%0.0%-4.4%-11.7%0-2.3K00.00135.73N/AN/A0010
2024-01-03$22.94$0.0025.4%7.3%14.3%20.6%0.0%7.5%-10.5%0-2.3K00.00133.97N/AN/A0010
2024-01-04$22.87$0.0036.8%8.2%13.9%40.8%0.0%4.0%-6.1%0-2.3K00.00137.51N/AN/A0010
2024-01-05$22.94$0.0037.6%7.8%13.6%42.2%0.0%4.9%-3.9%0-2.3K00.00139.10N/AN/A0010
2024-01-08$23.05$0.0025.8%8.0%13.6%21.3%0.0%4.8%-4.0%0-2.3K00.00138.81N/AN/A0010
2024-01-09$22.80$0.0042.1%8.3%14.2%50.1%0.0%4.2%-4.7%0-2.3K00.00139.81N/AN/A0010
2024-01-10$22.74$0.0028.4%8.1%14.2%25.9%0.0%4.1%-3.7%0-2.3K00.00140.21N/AN/A0010
2024-01-11$22.72$0.0030.5%8.8%14.2%29.8%0.0%3.7%-4.6%0-2.3K00.00138.69N/AN/A0010
2024-01-12$22.64$0.0027.9%8.0%13.0%25.1%0.0%3.5%-4.8%0-2.3K00.00138.37N/AN/A0010
2024-01-16$22.43$0.0033.2%9.5%9.6%34.4%0.0%5.3%-10.6%0-2.2K00.00138.60N/AN/A7010
2024-01-17$22.36$0.0031.4%9.0%9.5%31.2%0.0%6.0%-5.2%6-15.6K-10.00137.73N/AN/A0070
2024-01-18$22.34$0.0033.4%9.6%9.5%34.7%0.0%4.8%-6.0%6-15.6K-10.00138.19N/AN/A0070
2024-01-19$22.54$0.0032.7%9.4%9.0%33.5%0.0%5.2%-5.3%4-15.7K-10.00137.47N/AN/A0070
2024-01-22$22.65$0.0034.0%9.8%8.5%35.9%0.0%4.5%-7.1%4-15.8K-10.00139.43N/AN/A0070
2024-01-23$22.45$0.0030.4%8.7%8.5%29.6%0.0%-4.4%-0.5%0000.00133.68N/AN/A0000
2024-01-24$22.57$0.0034.4%9.9%8.8%36.5%0.0%2.8%-7.5%0000.00137.70N/AN/A0000
2024-01-25$22.64$0.0021.0%6.0%8.3%13.0%0.0%-13.4%10.4%0000.00127.51N/AN/A0000
2024-01-26$22.75$0.0023.9%6.8%8.6%18.0%0.0%5.2%-9.4%0000.00131.15N/AN/A0000
2024-01-29$22.86$0.0014.1%4.0%8.8%0.7%0.0%-6.5%11.4%0000.00122.41N/AN/A0000
2024-01-30$23.09$0.0037.1%10.6%9.4%41.3%0.0%-16.2%-12.9%0000.00121.73N/AN/A0000
2024-01-31$22.74$0.0029.3%8.4%10.9%27.6%0.0%-10.8%-6.5%0000.00132.26N/AN/A0000