RLAY Options History — March 2021

In March 2021, RLAY traded between $32.66 and $40.80. ATM implied volatility averaged 79.0%. The 30-day expected move averaged 21.7%. IV traded above realized volatility by 19.6% (HV 20d: 59.4%). Max pain ranged from $35.00 to $45.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.88.

Notable Days

  • 2021-03-19: Highest Volume — 166 contracts
  • 2021-03-05: Largest IV spike — 36.1% change
  • 2021-03-29: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.47$32.66$40.80$40.80$34.75
Max Pain$38.70$35.00$45.00$45.00$35.00
ATM IV79.0%68.8%107.2%72.0%70.8%
Expected Move21.7%19.7%27.2%20.6%20.3%
HV 20d59.4%46.2%74.9%48.9%74.9%
Term Structure-0.2%-30.8%13.4%0.9%11.9%
VWIV81.1%48.3%109.4%90.5%68.0%
Skew 25d3.4%-21.6%57.0%19.6%37.1%
Skew 10d22.3%-12.8%58.5%58.5%48.6%
Call IV 25d89.1%56.8%115.3%78.1%79.0%
Put IV 25d92.5%63.7%134.6%97.7%116.1%
Bid-Ask Spread %118.15107.65125.19114.53119.86
Gamma HHI0.240.180.350.220.34
Net GEX6.7K4.3K9.2K8.1K5.8K
Net DEX-133.7K-287.6K27.1K-200.2K-50.0K
Net VEX-3.0K-3.8K-2.1K-3.2K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.0010.004.750.00
Total Volume26.26101662325
Total OI501.435395605453462

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$40.80$45.0072.0%20.6%48.9%0.0%90.5%19.6%0.9%8.1K-200.2K-3.2K4.75114.53N/AN/A41936984
2021-03-02$39.81$45.0070.2%20.1%47.6%0.0%48.3%-7.3%7.9%7.1K-96.5K-2.9K0.17117.67N/AN/A122369103
2021-03-03$39.05$45.0084.4%24.2%46.2%0.0%97.9%33.0%1.7%6.7K-78.0K-2.9K10.00119.28N/AN/A110381105
2021-03-04$40.12$40.0071.1%23.5%47.2%0.0%0.0%-7.0%7.3%7.5K-99.4K-3.0K0.00114.81N/AN/A220382108
2021-03-05$37.24$40.0096.8%19.8%51.2%0.0%109.4%-8.5%13.4%4.5K27.1K-2.4K0.02120.87N/AN/A521378108
2021-03-08$35.25$40.00100.5%21.5%52.8%0.0%0.0%6.3%4.3%4.3K-9.7K-2.5K0.09119.72N/AN/A807428109
2021-03-09$35.90$40.00107.2%20.7%53.3%0.0%0.0%-13.2%10.2%7.1K-182.7K-3.3K0.02118.91N/AN/A611470103
2021-03-10$38.21$40.0077.6%22.3%60.3%0.0%0.0%-16.5%10.3%7.6K-189.9K-3.4K0.00120.20N/AN/A200442103
2021-03-11$39.20$40.0077.3%22.1%61.0%0.0%0.0%-14.1%7.4%8.0K-250.8K-3.6K0.00114.14N/AN/A30462103
2021-03-12$38.97$40.0075.5%21.6%59.1%0.0%0.0%-11.8%-6.4%7.9K-230.7K-3.6K0.00119.92N/AN/A07465103
2021-03-15$39.20$40.0077.6%22.2%58.5%0.0%0.0%-21.6%-0.2%7.5K-230.0K-3.5K0.00114.30N/AN/A20464106
2021-03-16$40.18$40.0070.9%20.3%58.9%0.0%77.5%-12.5%2.0%7.7K-287.6K-3.8K0.00118.08N/AN/A40466106
2021-03-17$40.03$40.0074.7%21.4%58.9%0.0%0.0%-19.9%-6.1%8.4K-284.7K-3.7K0.00120.48N/AN/A06472106
2021-03-18$37.17$40.0073.1%21.0%63.1%0.0%79.6%4.4%0.2%8.8K-168.6K-3.3K1.00107.65N/AN/A1515472106
2021-03-19$37.76$35.0069.9%20.0%63.6%0.0%104.8%19.7%-6.0%9.2K-158.9K-3.5K0.17114.54N/AN/A14224484121
2021-03-22$39.15$35.0068.8%19.7%65.2%0.0%87.6%-11.3%9.5%5.9K-218.0K-3.0K0.55112.67N/AN/A116295100
2021-03-23$36.18$35.0075.7%21.7%66.5%0.0%80.3%11.3%-22.4%5.0K-95.4K-2.7K0.03119.38N/AN/A331304106
2021-03-24$34.86$35.0071.2%20.4%62.5%0.0%0.0%-8.8%3.0%5.3K-64.3K-2.4K0.00120.85N/AN/A00325105
2021-03-25$35.51$35.0072.6%20.8%63.0%0.0%0.0%11.8%1.7%5.6K-104.3K-2.6K0.00122.97N/AN/A60325105
2021-03-26$33.95$35.0079.7%22.9%64.2%0.0%75.5%14.6%-18.3%4.7K-2.0K-2.1K0.00120.91N/AN/A01331105
2021-03-29$32.66$35.0094.8%27.2%65.0%0.0%53.4%15.2%-30.8%4.3K-8.6K-2.1K0.00125.19N/AN/A30331108
2021-03-30$35.84$35.0084.5%24.2%74.5%0.0%0.0%57.0%-5.1%6.4K-91.5K-2.5K0.00120.47N/AN/A80345108
2021-03-31$34.75$35.0070.8%20.3%74.9%0.0%68.0%37.1%11.9%5.8K-50.0K-2.3K0.00119.86N/AN/A250354108