RLAY Options History — February 2021

In February 2021, RLAY traded between $40.83 and $50.17. ATM implied volatility averaged 75.5%. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 24.9% (HV 20d: 50.6%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 16 of 16 trading days. Term structure was in contango for 4 of 16 days. Put/call ratio averaged 1.13.

Notable Days

  • 2021-02-08: Highest Volume — 168 contracts
  • 2021-02-24: Largest IV spike — 16.8% change
  • 2021-02-25: Largest Expected Move — 23.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.38$40.83$50.17$49.53$41.37
Max Pain$45.94$45.00$50.00$50.00$45.00
ATM IV75.5%64.3%82.4%70.3%78.8%
Expected Move21.6%18.9%23.6%20.3%22.6%
HV 20d50.6%50.6%50.6%50.6%50.6%
Term Structure-3.8%-20.1%4.4%-10.6%-0.3%
VWIV77.5%62.9%89.0%85.9%76.0%
Skew 25d8.8%-3.7%28.4%16.9%21.4%
Skew 10d20.7%5.4%55.4%18.4%19.9%
Call IV 25d79.2%61.9%95.1%62.9%78.4%
Put IV 25d88.0%71.1%110.4%79.8%99.8%
Bid-Ask Spread %110.70103.97115.81110.28113.69
Gamma HHI0.260.200.360.200.23
Net GEX9.6K2.8K21.8K3.2K9.0K
Net DEX-289.0K-511.8K-99.9K-114.1K-217.9K
Net VEX-3.0K-3.8K-1.2K-1.2K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.009.330.100.18
Total Volume27.875016850
Total OI360.125137460137453

Daily Data (16 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-04$49.53$50.0070.3%20.3%0.0%0.0%85.9%16.9%-10.6%3.2K-114.1K-1.2K0.00110.28N/AN/A0510829
2021-02-05$49.58$50.0064.3%19.4%0.0%0.0%67.7%8.9%-0.8%2.8K-99.9K-1.2K0.10109.77N/AN/A21210834
2021-02-08$50.17$50.0072.2%18.9%0.0%0.0%62.9%9.1%0.2%3.8K-147.0K-1.4K0.00111.62N/AN/A168011736
2021-02-09$49.61$45.0076.1%22.5%0.0%0.0%76.4%4.2%-6.1%11.7K-511.8K-3.2K0.43108.14N/AN/A7328536
2021-02-10$47.75$45.0080.5%23.1%0.0%0.0%83.9%-3.7%-4.8%11.6K-455.6K-3.0K1.10112.63N/AN/A202229237
2021-02-11$45.40$45.0075.4%21.6%0.0%0.0%86.7%-3.1%-1.3%21.8K-329.6K-3.3K0.31112.22N/AN/A26831258
2021-02-12$46.23$45.0078.7%22.6%0.0%0.0%73.1%-3.5%-2.5%11.7K-429.1K-3.8K0.33112.79N/AN/A3133865
2021-02-16$44.75$45.0075.1%21.5%0.0%0.0%0.0%5.3%1.5%11.0K-358.7K-3.5K2.25115.81N/AN/A4933766
2021-02-17$44.78$45.0079.2%22.7%0.0%0.0%89.0%10.8%-3.5%9.7K-317.2K-3.6K9.33109.16N/AN/A32834283
2021-02-18$43.33$45.0075.9%21.8%0.0%0.0%83.2%1.6%2.1%9.1K-204.9K-3.5K0.11109.13N/AN/A91345105
2021-02-19$43.35$45.0075.6%21.7%0.0%0.0%75.8%-1.7%-9.7%9.5K-187.9K-3.4K0.15115.00N/AN/A132354106
2021-02-22$43.76$45.0073.3%21.0%0.0%0.0%73.4%15.2%-8.4%10.5K-364.0K-3.6K0.88106.10N/AN/A171533772
2021-02-23$40.83$45.0069.2%19.8%0.0%0.0%73.7%2.8%4.4%8.8K-233.1K-3.2K0.53113.87N/AN/A17935271
2021-02-24$43.36$45.0080.8%23.2%0.0%0.0%77.6%28.4%-20.1%9.7K-335.1K-3.7K0.11107.04N/AN/A18235380
2021-02-25$42.20$45.0082.4%23.6%0.0%0.0%76.0%28.0%-1.2%10.0K-318.5K-3.6K0.18103.97N/AN/A11236982
2021-02-26$41.37$45.0078.8%22.6%50.6%0.0%0.0%21.4%-0.3%9.0K-217.9K-3.2K0.00113.69N/AN/A0036984