RDVI Options History — August 2024

In August 2024, RDVI traded between $22.70 and $24.55. ATM implied volatility averaged 40.0%, placing in the 43.6% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 16.3% (HV 20d: 23.7%). Max pain ranged from $21.00 to $23.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 3.50.

Notable Days

2024-08-14: Highest Volume — 9 contracts
2024-08-05: Largest IV spike — 68.8% change
2024-08-12: Highest IV Rank — 97.6%
2024-08-06: Largest Expected Move — 13.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.80	$22.70	$24.55	$24.01	$24.55
Max Pain	$21.18	$21.00	$23.00	$23.00	$21.00
ATM IV	40.0%	26.5%	72.1%	32.2%	33.1%
Expected Move	9.0%	7.6%	13.5%	9.2%	9.5%
HV 20d	23.7%	16.6%	25.5%	19.9%	16.6%
HV 60d	16.9%	13.9%	17.5%	13.9%	17.2%
IV Rank	43.6%	20.9%	97.6%	30.5%	31.9%
IV Percentile	57.4%	15.9%	99.6%	54.0%	59.9%
Term Structure	-5.9%	-14.0%	34.5%	-13.0%	-7.5%
Skew 25d	2.3%	-18.4%	22.3%	0.4%	1.4%
Skew 10d	1.9%	-20.6%	25.1%	10.9%	1.2%
Call IV 25d	32.2%	12.3%	56.8%	42.3%	37.5%
Put IV 25d	34.5%	19.5%	62.7%	42.7%	38.9%
Bid-Ask Spread %	139.40	132.95	155.50	146.40	135.03
Gamma HHI	0.55	0.40	0.73	0.68	0.48
Net GEX	-732	-3.0K	904	-2.0K	678
Net DEX	768	-18.2K	22.6K	5.8K	-18.2K
Net VEX	-99	-119	-77	-114	-94
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.50	3.50	3.50	3.50	3.50
Total Volume	0.409	0	9	0	0
Total OI	33.273	21	51	42	21

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-08-01	$24.01	$23.00	32.2%	9.2%	19.9%	30.5%	0.0%	0.4%	-13.0%	-2.0K	5.8K	-114	0.00	146.40	N/A	N/A	0	0	11	31
2024-08-02	$23.28	$23.00	36.5%	10.5%	22.6%	37.7%	0.0%	5.1%	-14.0%	-1.9K	17.0K	-118	0.00	152.22	N/A	N/A	0	0	11	31
2024-08-05	$22.70	$21.00	61.6%	10.9%	24.4%	79.9%	0.0%	-6.4%	-10.3%	-916	22.2K	-108	0.00	147.29	N/A	N/A	0	0	11	31
2024-08-06	$23.11	$21.00	63.3%	13.5%	25.2%	82.8%	0.0%	5.9%	-11.6%	-1.1K	18.4K	-108	0.00	155.50	N/A	N/A	0	0	11	31
2024-08-07	$22.92	$21.00	41.7%	7.9%	25.3%	46.4%	0.0%	1.8%	-8.1%	-2.2K	22.6K	-103	0.00	135.25	N/A	N/A	0	0	11	31
2024-08-08	$23.38	$21.00	70.1%	10.7%	25.5%	94.2%	0.0%	-18.4%	-8.4%	-1.3K	16.5K	-103	0.00	148.78	N/A	N/A	0	0	11	31
2024-08-09	$23.43	$21.00	57.0%	8.2%	25.4%	72.3%	0.0%	-4.7%	-6.8%	-1.9K	15.5K	-100	0.00	138.42	N/A	N/A	0	0	11	31
2024-08-12	$23.30	$21.00	72.1%	8.4%	24.9%	97.6%	0.0%	-10.1%	-8.3%	-1.9K	17.3K	-90	0.00	139.17	N/A	N/A	0	0	11	31
2024-08-13	$23.54	$21.00	64.3%	8.5%	24.2%	84.6%	0.0%	-1.8%	-6.9%	-2.6K	12.7K	-85	0.00	137.33	N/A	N/A	0	0	11	31
2024-08-14	$23.62	$21.00	29.7%	8.5%	24.2%	26.3%	0.0%	1.8%	-3.4%	-2.7K	13.0K	-77	3.50	137.88	N/A	N/A	2	7	11	31
2024-08-15	$23.99	$21.00	27.0%	7.8%	25.0%	21.8%	0.0%	3.4%	34.5%	-2.4K	7.2K	-119	0.00	137.45	N/A	N/A	0	0	13	38
2024-08-16	$24.05	$21.00	26.5%	7.6%	24.8%	20.9%	0.0%	2.7%	-3.1%	-3.0K	-409	-108	0.00	136.50	N/A	N/A	0	0	13	38
2024-08-19	$24.18	$21.00	27.6%	7.9%	24.7%	22.7%	0.0%	3.3%	-4.5%	661	-15.9K	-92	0.00	136.84	N/A	N/A	0	0	13	8
2024-08-20	$24.02	$21.00	27.3%	7.8%	24.6%	22.3%	0.0%	22.3%	-4.7%	854	-13.1K	-90	0.00	135.69	N/A	N/A	0	0	13	8
2024-08-21	$23.98	$21.00	28.2%	8.1%	24.3%	23.8%	0.0%	10.9%	-5.0%	779	-12.5K	-98	0.00	135.08	N/A	N/A	0	0	13	8
2024-08-22	$23.91	$21.00	28.8%	8.2%	23.9%	24.7%	0.0%	2.1%	-7.1%	691	-12.0K	-101	0.00	132.95	N/A	N/A	0	0	13	8
2024-08-23	$24.27	$21.00	28.5%	8.2%	24.1%	24.2%	0.0%	6.5%	-4.6%	904	-15.7K	-98	0.00	134.78	N/A	N/A	0	0	13	8
2024-08-26	$24.32	$21.00	31.6%	9.0%	24.1%	29.4%	0.0%	4.2%	-7.7%	868	-15.5K	-92	0.00	137.69	N/A	N/A	0	0	13	8
2024-08-27	$24.27	$21.00	28.7%	8.2%	24.0%	24.6%	0.0%	18.4%	-10.1%	902	-15.5K	-89	0.00	134.52	N/A	N/A	0	0	13	8
2024-08-28	$24.25	$21.00	30.4%	8.7%	23.6%	27.4%	0.0%	0.9%	-6.9%	654	-16.3K	-89	0.00	135.83	N/A	N/A	0	0	13	8
2024-08-29	$24.42	$21.00	33.5%	9.6%	20.4%	32.7%	0.0%	1.3%	-11.6%	756	-16.4K	-97	0.00	136.19	N/A	N/A	0	0	13	8
2024-08-30	$24.55	$21.00	33.1%	9.5%	16.6%	31.9%	0.0%	1.4%	-7.5%	678	-18.2K	-94	0.00	135.03	N/A	N/A	0	0	13	8