REI Options History — May 2020

In May 2020, REI traded between $0.71 and $1.25. ATM implied volatility averaged 143.2%, placing in the 40.1% IV rank vs the trailing year. The 30-day expected move averaged 40.3%. IV traded above realized volatility by 5.3% (HV 20d: 137.9%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.08.

Notable Days

  • 2020-05-07: Highest Volume — 678 contracts
  • 2020-05-22: Largest IV spike — 26.3% change
  • 2020-05-01: Highest IV Rank — 58.3%
  • 2020-05-08: Largest Expected Move — 51.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.90$0.71$1.25$0.86$1.21
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV143.2%111.5%189.5%189.5%121.3%
Expected Move40.3%32.0%51.2%43.6%34.8%
HV 20d137.9%118.8%153.4%150.8%118.8%
HV 60d162.6%157.5%168.9%157.6%168.9%
IV Rank40.1%26.6%58.3%58.3%30.5%
IV Percentile78.9%54.8%96.8%96.8%65.5%
Term Structure-5.9%-72.4%76.5%17.4%-41.9%
Bid-Ask Spread %56.8511.2093.0174.7382.37
Gamma HHI1.001.001.001.001.00
Net GEX1701325132
Net DEX36.8K31.3K50.2K37.0K41.0K
Net VEX-11-750-7-75
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.001.000.000.00
Total Volume81.71678240
Total OI2,632.651,9883,1191,9913,119

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$0.86$2.50189.5%0.0%150.8%58.3%0.0%0.0%0.0%537.0K-70.0074.73201,541450
2020-05-04$0.82$2.50152.0%43.6%149.0%43.8%0.0%0.0%17.4%036.9K01.0011.20661,543450
2020-05-05$0.80$2.50123.0%35.3%136.0%32.6%0.0%0.0%27.2%035.5K00.0082.326201,544444
2020-05-06$0.71$2.50136.5%39.1%143.0%37.8%0.0%0.0%35.1%031.5K00.5471.4428151,596444
2020-05-07$0.75$2.50163.3%46.8%144.0%48.1%0.0%0.0%-55.9%032.9K00.0025.0967801,615439
2020-05-08$0.75$2.50178.5%51.2%144.0%54.0%0.0%0.0%-72.4%032.9K00.0023.29902,231439
2020-05-11$0.77$2.50136.2%39.1%144.1%37.7%0.0%0.0%-44.2%033.0K00.0018.71202,236429
2020-05-12$0.83$2.50152.9%43.8%145.6%44.1%0.0%0.0%19.2%035.6K00.0060.118502,236429
2020-05-13$0.73$2.50145.7%41.8%153.4%41.4%0.0%0.0%28.2%031.3K00.0065.838902,286429
2020-05-14$0.73$2.50147.7%42.3%147.4%42.1%0.0%0.0%-11.1%031.3K00.0042.28102,375429
2020-05-15$0.75$2.50146.8%42.1%133.1%41.8%0.0%0.0%0.0%032.2K00.0081.55302,375429
2020-05-18$0.86$2.50137.4%39.4%130.1%38.1%0.0%0.0%60.7%036.9K00.0072.083902,353429
2020-05-19$0.86$2.50139.6%40.0%130.1%39.0%0.0%0.0%-14.9%036.9K00.0029.155202,387429
2020-05-20$0.90$2.50136.5%39.1%128.4%37.8%0.0%0.0%-38.3%037.7K00.0083.15502,417419
2020-05-21$1.02$2.50123.7%35.5%128.8%32.8%0.0%0.0%76.5%5836.7K-340.0385.2115142,419419
2020-05-22$1.00$2.50156.3%44.8%129.5%45.4%0.0%0.0%-16.3%041.5K00.0027.813602,487415
2020-05-26$1.14$2.50145.9%41.8%132.3%40.2%0.0%0.0%-19.1%6642.0K-370.0137.3511012,484415
2020-05-27$1.25$2.50111.5%32.0%134.3%26.6%0.0%0.0%-36.6%8242.7K-640.0170.3214522,576415
2020-05-28$1.21$2.50118.5%34.0%134.5%29.4%0.0%0.0%-20.7%050.2K00.0293.016212,666415
2020-05-29$1.21$2.50121.3%34.8%118.8%30.5%0.0%0.0%-41.9%13241.0K-750.0082.374002,704415