REI Options History — November 2024

In November 2024, REI traded between $1.46 and $1.77. ATM implied volatility averaged 85.4%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 18.9%. IV traded above realized volatility by 21.6% (HV 20d: 63.7%). Max pain ranged from $1.00 to $1.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.08.

Notable Days

2024-11-13: Highest Volume — 672 contracts
2024-11-13: Largest IV drop — 67.1% change
2024-11-12: Highest IV Rank — 81.1%
2024-11-01: Largest Expected Move — 34.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.55	$1.46	$1.77	$1.46	$1.52
Max Pain	$1.48	$1.00	$1.50	$1.00	$1.50
ATM IV	85.4%	51.5%	176.1%	121.6%	59.9%
Expected Move	18.9%	9.1%	34.9%	34.9%	17.2%
HV 20d	63.7%	31.2%	74.1%	31.2%	74.1%
HV 60d	54.3%	44.2%	58.2%	44.8%	54.7%
IV Rank	32.4%	14.2%	81.1%	51.8%	18.7%
IV Percentile	77.9%	42.5%	99.6%	98.8%	65.5%
Term Structure	-9.6%	-72.3%	17.6%	-72.3%	1.5%
VWIV	67.1%	48.3%	109.4%	65.6%	59.8%
Skew 25d	34.8%	-50.1%	110.4%	-50.1%	12.7%
Skew 10d	55.8%	-75.6%	203.6%	-75.6%	23.8%
Call IV 25d	60.9%	39.5%	183.9%	183.9%	60.8%
Put IV 25d	95.7%	62.7%	168.9%	133.7%	73.5%
Bid-Ask Spread %	49.80	15.57	98.33	15.57	81.92
Gamma HHI	0.41	0.38	0.47	0.39	0.39
Net GEX	92.5K	74.1K	138.3K	74.1K	86.6K
Net DEX	-3.1M	-4.5M	-2.4M	-2.6M	-2.7M
Net VEX	-18.1K	-23.0K	-14.6K	-17.6K	-15.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.08	0.00	0.72	0.00	0.00
Total Volume	279.15	22	672	174	22
Total OI	97,241.9	96,332	98,224	96,332	98,224

Daily Data (20 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 Vol	Put Vol	Call OI	Put OI
2024-11-01	$1.46	$1.00	121.6%	34.9%	31.2%	51.8%	0.0%	-50.1%	-72.3%	74.1K	-2.6M	-17.6K	0.00	15.57	174	0	94,226	2,106
2024-11-04	$1.46	$1.50	156.5%	18.8%	31.2%	70.6%	65.6%	11.3%	-3.9%	81.0K	-2.7M	-18.4K	0.04	33.55	96	4	94,302	2,106
2024-11-05	$1.52	$1.50	96.9%	23.7%	32.5%	38.5%	82.9%	33.7%	-33.4%	85.2K	-3.0M	-18.9K	0.00	26.16	553	0	94,345	2,106
2024-11-06	$1.60	$1.50	105.2%	24.2%	36.7%	43.0%	86.7%	40.4%	-50.0%	107.7K	-3.8M	-22.5K	0.09	37.03	456	40	94,887	2,106
2024-11-07	$1.77	$1.50	66.4%	9.1%	51.2%	22.2%	64.0%	32.1%	17.6%	138.3K	-4.5M	-23.0K	0.03	59.11	592	20	94,628	2,106
2024-11-08	$1.54	$1.50	100.5%	17.3%	71.8%	40.5%	60.1%	46.9%	5.2%	96.6K	-3.5M	-21.4K	0.01	98.33	506	4	94,626	2,086
2024-11-11	$1.58	$1.50	142.6%	20.6%	72.2%	63.1%	71.8%	29.5%	-15.0%	101.1K	-3.5M	-20.4K	0.02	58.67	130	3	94,937	2,082
2024-11-12	$1.52	$1.50	176.1%	16.6%	72.6%	81.1%	57.8%	93.1%	4.4%	92.3K	-3.2M	-19.5K	0.00	58.16	218	1	94,965	2,084
2024-11-13	$1.54	$1.50	58.0%	16.6%	72.8%	17.7%	58.0%	47.6%	0.1%	93.3K	-3.2M	-19.2K	0.01	54.52	665	7	94,952	2,085
2024-11-14	$1.54	$1.50	78.2%	22.4%	72.7%	28.5%	78.2%	25.6%	-43.9%	77.6K	-2.7M	-15.9K	0.16	38.02	75	12	95,592	2,079
2024-11-15	$1.54	$1.50	71.5%	20.5%	72.1%	25.0%	70.9%	23.2%	-13.5%	89.2K	-3.1M	-18.4K	0.05	55.19	147	7	95,598	2,089
2024-11-18	$1.56	$1.50	51.5%	14.8%	72.2%	14.2%	48.3%	46.3%	6.9%	93.6K	-3.0M	-17.0K	0.01	49.19	308	4	95,087	2,052
2024-11-19	$1.54	$1.50	63.3%	18.1%	72.4%	20.5%	63.0%	51.8%	-1.9%	91.8K	-2.9M	-17.5K	0.00	35.08	110	0	95,113	2,056
2024-11-20	$1.52	$1.50	56.5%	16.2%	71.8%	16.9%	56.0%	12.4%	9.7%	91.3K	-2.9M	-16.9K	0.72	20.02	138	100	95,154	2,056
2024-11-21	$1.58	$1.50	62.4%	17.9%	73.1%	20.0%	62.2%	45.0%	-12.3%	91.6K	-2.8M	-15.8K	0.08	44.37	386	29	95,268	2,156
2024-11-22	$1.60	$1.50	64.9%	18.6%	73.0%	21.4%	64.9%	21.9%	7.4%	95.5K	-2.9M	-16.2K	0.22	44.61	46	10	95,554	2,179
2024-11-25	$1.56	$1.50	61.2%	17.6%	73.2%	19.4%	61.0%	50.0%	-1.3%	96.5K	-3.1M	-17.4K	0.03	53.14	308	9	95,598	2,189
2024-11-26	$1.50	$1.50	56.6%	16.2%	73.9%	16.9%	54.8%	110.4%	-5.4%	79.3K	-2.4M	-14.6K	0.14	89.51	186	26	95,800	2,142
2024-11-27	$1.50	$1.50	57.5%	16.5%	73.9%	17.4%	109.4%	11.6%	7.3%	87.2K	-2.8M	-16.0K	0.04	43.94	183	8	95,960	2,157
2024-11-29	$1.52	$1.50	59.9%	17.2%	74.1%	18.7%	59.8%	12.7%	1.5%	86.6K	-2.7M	-15.7K	0.00	81.92	22	0	96,059	2,165