RLAY Options History — April 2021

In April 2021, RLAY traded between $31.64 and $37.80. ATM implied volatility averaged 80.1%. The 30-day expected move averaged 19.5%. IV traded above realized volatility by 13.4% (HV 20d: 66.7%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 2.64.

Notable Days

  • 2021-04-13: Highest Volume — 301 contracts
  • 2021-04-06: Largest IV spike — 74.9% change
  • 2021-04-27: Largest Expected Move — 22.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.98$31.64$37.80$36.20$31.64
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV80.1%57.0%138.5%72.0%65.4%
Expected Move19.5%17.0%22.6%20.7%18.7%
HV 20d66.7%53.9%75.9%75.9%54.2%
HV 60d60.6%59.4%62.1%61.0%59.6%
Term Structure6.3%-13.9%30.6%23.6%-9.6%
VWIV82.1%44.8%156.5%52.1%52.0%
Skew 25d-9.5%-66.8%51.0%40.5%15.8%
Skew 10d22.7%-62.7%82.7%10.4%53.4%
Call IV 25d97.8%51.4%182.8%95.8%69.3%
Put IV 25d88.3%52.5%136.3%136.3%85.1%
Bid-Ask Spread %123.26118.26127.31121.78122.92
Gamma HHI0.310.220.420.370.22
Net GEX5.5K2.1K8.9K8.0K2.1K
Net DEX-74.5K-203.6K48.7K-144.9K48.7K
Net VEX-2.2K-2.8K-1.6K-2.7K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.640.0032.000.007.00
Total Volume24.1430301524
Total OI505.571462525482519

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$36.20$35.0072.0%20.7%75.9%0.0%52.1%40.5%23.6%8.0K-144.9K-2.7K0.00121.78N/AN/A50374108
2021-04-05$37.80$35.0057.0%19.2%73.0%0.0%104.3%-3.3%3.9%8.9K-203.6K-2.8K0.00118.26N/AN/A120369108
2021-04-06$36.41$35.0099.6%22.0%71.5%0.0%77.8%31.5%5.5%7.6K-157.6K-2.7K0.24118.45N/AN/A256373109
2021-04-07$36.02$35.00115.8%19.3%71.4%0.0%57.2%4.7%12.1%7.9K-133.4K-2.6K0.00121.26N/AN/A110389113
2021-04-08$35.41$35.00122.6%19.4%67.7%0.0%77.1%15.8%-1.9%7.8K-92.5K-2.4K0.08118.49N/AN/A131395113
2021-04-09$33.84$35.00133.1%21.6%68.3%0.0%156.5%2.6%1.9%7.1K-107.0K-2.5K3.00120.76N/AN/A13404113
2021-04-12$33.01$35.00138.5%21.9%68.5%0.0%0.0%-6.7%9.0%5.7K-87.5K-2.3K32.00121.16N/AN/A132404115
2021-04-13$32.05$35.0092.9%21.4%68.7%0.0%90.0%13.7%-3.1%4.8K-20.0K-1.8K0.64124.53N/AN/A183118404106
2021-04-14$34.12$35.0063.6%18.2%72.5%0.0%52.2%7.4%3.6%7.1K-102.8K-2.1K0.13124.62N/AN/A81410106
2021-04-15$33.54$35.0064.2%18.4%72.5%0.0%154.5%9.6%-13.9%5.8K-76.2K-2.0K0.00126.71N/AN/A02405107
2021-04-16$32.55$35.0071.5%20.5%68.8%0.0%82.7%-20.1%-1.9%5.4K-66.9K-2.1K0.75125.98N/AN/A43405107
2021-04-19$32.36$35.0059.4%17.0%68.3%0.0%79.3%51.0%0.2%5.1K-88.7K-1.9K1.00126.02N/AN/A1137092
2021-04-20$32.23$35.0060.5%17.3%66.4%0.0%0.0%-19.6%2.7%2.5K48.0K-1.6K0.00126.56N/AN/A01372132
2021-04-21$34.31$35.0066.8%19.2%65.8%0.0%68.0%-34.4%4.3%3.8K-71.4K-2.3K0.12120.47N/AN/A172372133
2021-04-22$34.01$35.0059.5%17.1%64.6%0.0%44.8%-40.2%30.6%4.0K-45.2K-2.2K0.00126.97N/AN/A30374135
2021-04-23$33.14$35.0059.2%17.0%64.7%0.0%0.0%-57.1%20.8%4.4K-66.5K-2.2K0.00127.17N/AN/A02375135
2021-04-26$34.69$35.0070.4%20.2%65.0%0.0%109.4%-30.3%15.9%4.7K-75.0K-2.2K0.00120.53N/AN/A170375135
2021-04-27$33.52$35.0078.9%22.6%64.7%0.0%0.0%-46.7%-7.3%4.0K11.5K-1.8K0.00121.66N/AN/A80390135
2021-04-28$33.32$35.0064.5%18.5%54.9%0.0%55.4%-66.6%18.9%4.7K-69.7K-2.1K0.00127.31N/AN/A20382135
2021-04-29$33.33$35.0066.7%19.1%53.9%0.0%0.0%-66.8%16.9%4.7K-63.9K-2.0K0.00126.88N/AN/A00384135
2021-04-30$31.64$35.0065.4%18.7%54.2%0.0%52.0%15.8%-9.6%2.1K48.7K-1.8K7.00122.92N/AN/A321384135