RDVI Options History — February 2024

In February 2024, RDVI traded between $22.28 and $23.12. ATM implied volatility averaged 33.9%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 20.6% (HV 20d: 13.3%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-02-16: Highest Volume — 1 contracts
  • 2024-02-07: Largest IV drop — 30.5% change
  • 2024-02-05: Highest IV Rank — 59.7%
  • 2024-02-29: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.74$22.28$23.12$22.66$23.12
ATM IV33.9%28.6%47.5%37.1%36.2%
Expected Move9.0%7.7%10.4%7.7%10.4%
HV 20d13.3%10.5%15.6%10.8%13.8%
HV 60d13.3%12.3%13.6%13.5%12.9%
IV Rank35.7%26.4%59.7%41.4%39.7%
IV Percentile67.9%42.3%96.8%84.6%81.1%
Term Structure-4.6%-13.4%43.1%-6.7%-10.9%
Skew 25d5.5%0.5%24.8%3.2%24.8%
Skew 10d11.3%6.3%33.4%9.3%7.8%
Call IV 25d32.1%16.2%44.2%31.2%17.7%
Put IV 25d37.5%18.5%48.4%34.4%42.5%
Bid-Ask Spread %138.47135.91140.23137.50137.65
Gamma HHI1.001.001.001.001.00
Net GEX-28-8000-67
Net DEX23206810508
Net VEX-2-500-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.050100
Total OI0.40101

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$22.66$0.0037.1%7.7%10.8%41.4%0.0%3.2%-6.7%0000.00137.50N/AN/A0000
2024-02-02$22.66$0.0037.0%8.1%10.8%41.1%0.0%3.4%-7.7%0000.00139.67N/AN/A0000
2024-02-05$22.45$0.0047.5%8.6%11.1%59.7%0.0%4.1%-10.5%0000.00139.17N/AN/A0000
2024-02-06$22.47$0.0042.9%9.0%10.9%51.5%0.0%4.0%-13.4%0000.00140.23N/AN/A0000
2024-02-07$22.59$0.0029.8%8.5%10.6%28.4%0.0%3.1%-9.4%0000.00139.70N/AN/A0000
2024-02-08$22.59$0.0029.7%8.5%10.5%28.3%0.0%3.2%-8.9%0000.00139.59N/AN/A0000
2024-02-09$22.59$0.0030.6%8.8%10.5%29.9%0.0%3.3%-8.7%0000.00140.22N/AN/A0000
2024-02-12$22.84$0.0028.6%8.2%11.2%26.4%0.0%4.5%-8.7%0000.00138.21N/AN/A0000
2024-02-13$22.28$0.0029.0%8.3%14.0%27.1%0.0%6.0%-9.1%0000.00136.13N/AN/A0000
2024-02-14$22.52$0.0033.1%9.5%14.5%34.2%0.0%5.9%-10.4%0000.00140.11N/AN/A0000
2024-02-15$22.91$0.0029.6%8.5%15.6%28.0%0.0%6.3%35.7%0000.00138.16N/AN/A0000
2024-02-16$22.88$0.0032.3%9.2%15.4%32.8%0.0%5.4%43.1%0000.00138.65N/AN/A0100
2024-02-20$22.82$0.0032.5%9.3%15.4%33.3%0.0%6.1%-6.8%-79614-50.00138.93N/AN/A0001
2024-02-21$22.66$0.0032.8%9.4%15.2%33.7%0.0%4.7%-8.6%-68681-50.00138.40N/AN/A0001
2024-02-22$22.84$0.0032.3%9.3%15.4%32.9%0.0%4.0%-8.8%-63636-50.00135.91N/AN/A0001
2024-02-23$22.91$0.0032.5%9.3%15.4%33.1%0.0%0.5%-9.0%-73558-50.00138.02N/AN/A0001
2024-02-26$22.93$0.0034.4%9.9%15.3%36.6%0.0%10.3%-10.9%-68617-50.00137.26N/AN/A0001
2024-02-27$23.02$0.0035.4%10.1%15.2%38.3%0.0%2.1%-10.5%-80478-40.00138.16N/AN/A0001
2024-02-28$23.01$0.0035.2%10.1%14.8%37.9%0.0%4.2%-11.4%-66543-50.00137.71N/AN/A0001
2024-02-29$23.12$0.0036.2%10.4%13.8%39.7%0.0%24.8%-10.9%-67508-50.00137.65N/AN/A0001