RDVI Options History — March 2024

In March 2024, RDVI traded between $23.24 and $24.46. ATM implied volatility averaged 38.5%, placing in the 42.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 27.7% (HV 20d: 10.8%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2024-03-13: Largest IV drop — 63.6% change
  • 2024-03-12: Highest IV Rank — 100.0%
  • 2024-03-01: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.82$23.24$24.46$23.28$24.46
ATM IV38.5%25.9%73.5%40.7%32.9%
Expected Move8.3%7.4%11.7%11.7%9.4%
HV 20d10.8%7.7%13.8%13.8%10.4%
HV 60d12.0%11.1%13.0%13.0%11.8%
IV Rank42.6%20.5%100.0%47.7%32.1%
IV Percentile62.5%22.7%100.0%88.6%65.1%
Term Structure-6.8%-19.2%-3.8%-19.2%-9.4%
Skew 25d4.0%2.8%5.2%4.0%4.1%
Skew 10d9.3%7.0%11.6%10.9%10.0%
Call IV 25d31.9%23.0%45.9%45.9%36.2%
Put IV 25d35.9%27.8%49.9%49.9%40.3%
Bid-Ask Spread %138.48136.34140.64136.69138.16
Gamma HHI1.001.001.001.001.00
Net GEX-49-69-30-69-30
Net DEX420340520466370
Net VEX-4-5-4-4-4
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
2024-03-01$23.28$0.0040.7%11.7%13.8%47.7%0.0%4.0%-19.2%-69466-40.00136.69N/AN/A0001
2024-03-04$23.30$0.0045.9%8.0%13.8%56.8%0.0%3.1%-8.2%-57520-50.00140.21N/AN/A0001
2024-03-05$23.24$0.0046.6%7.5%13.3%58.1%0.0%4.1%-6.1%-66506-50.00139.20N/AN/A0001
2024-03-06$23.37$0.0048.9%7.5%13.4%62.1%0.0%3.7%-5.9%-62482-40.00139.59N/AN/A0001
2024-03-07$23.57$0.0050.5%7.8%13.6%65.0%0.0%3.0%-4.6%-57456-40.00140.64N/AN/A0001
2024-03-08$23.61$0.0050.2%7.9%13.5%64.4%0.0%3.8%-6.3%-62419-40.00139.95N/AN/A0001
2024-03-11$23.66$0.0068.7%8.3%13.5%97.1%0.0%4.5%-7.0%-35432-50.00138.31N/AN/A0001
2024-03-12$23.74$0.0073.5%7.8%13.1%100.0%0.0%4.2%-6.3%-62411-40.00139.39N/AN/A0001
2024-03-13$23.88$0.0026.7%7.7%8.5%21.8%0.0%4.1%-7.0%-59366-40.00139.52N/AN/A0001
2024-03-14$23.63$0.0025.9%7.4%9.4%20.5%0.0%4.0%-3.8%-50469-50.00137.63N/AN/A0001
2024-03-15$23.71$0.0028.8%8.3%7.7%25.3%0.0%4.5%-4.7%-63384-40.00139.73N/AN/A0001
2024-03-18$23.91$0.0026.9%7.7%7.9%22.2%0.0%5.0%-4.0%-34396-40.00138.20N/AN/A0001
2024-03-19$23.95$0.0027.8%8.0%7.7%23.6%0.0%5.2%-4.4%-34385-40.00138.45N/AN/A0001
2024-03-20$24.33$0.0027.0%7.7%8.3%22.2%0.0%5.1%-4.5%-31340-40.00136.34N/AN/A0001
2024-03-21$24.34$0.0030.7%8.8%8.2%28.4%0.0%3.3%-7.1%-31340-40.00138.70N/AN/A0001
2024-03-22$24.06$0.0027.8%8.0%9.7%23.5%0.0%4.8%-6.4%-44391-40.00136.63N/AN/A0001
2024-03-25$24.05$0.0030.4%8.7%9.7%27.9%0.0%3.0%-7.2%-51440-40.00137.99N/AN/A0001
2024-03-26$24.01$0.0029.5%8.5%9.8%26.5%0.0%2.9%-7.0%-51444-40.00137.52N/AN/A0001
2024-03-27$24.26$0.0029.9%8.6%10.2%27.1%0.0%2.8%-6.5%-31387-40.00136.67N/AN/A0001
2024-03-28$24.46$0.0032.9%9.4%10.4%32.1%0.0%4.1%-9.4%-30370-40.00138.16N/AN/A0001