RLAY Options History — May 2021

In May 2021, RLAY traded between $27.59 and $32.39. ATM implied volatility averaged 92.4%. The 30-day expected move averaged 24.5%. IV traded above realized volatility by 43.7% (HV 20d: 48.8%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 3.38.

Notable Days

  • 2021-05-03: Highest Volume — 741 contracts
  • 2021-05-04: Largest IV spike — 53.9% change
  • 2021-05-12: Largest Expected Move — 30.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.17$27.59$32.39$32.15$32.05
Max Pain$37.00$35.00$40.00$35.00$35.00
ATM IV92.4%63.1%136.6%65.5%63.9%
Expected Move24.5%18.1%30.0%18.8%18.3%
HV 20d48.8%42.8%52.7%51.7%42.8%
HV 60d59.2%57.9%60.9%59.3%58.4%
Term Structure-4.5%-27.6%22.8%1.0%10.7%
VWIV81.6%42.6%117.4%109.6%48.7%
Skew 25d2.4%-50.0%29.7%-50.0%2.1%
Skew 10d33.1%-30.1%87.7%87.7%3.5%
Call IV 25d79.2%45.5%155.9%155.9%50.1%
Put IV 25d81.5%52.3%147.3%105.9%52.3%
Bid-Ask Spread %117.74113.80127.93113.80117.84
Gamma HHI0.670.160.920.250.85
Net GEX35.6K-27.2K124.1K2.9K-27.2K
Net DEX-447.1K-1.5M427.0K44.1K412.9K
Net VEX-2.9K-5.3K-1.2K-1.8K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.380.0025.640.0119.71
Total Volume139.9507417417
Total OI1,893.14462,734541917

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$32.15$35.0065.5%18.8%51.7%0.0%109.6%-50.0%1.0%2.9K44.1K-1.8K0.01113.80N/AN/A7374387154
2021-05-04$30.76$35.00100.8%28.9%52.2%0.0%113.6%9.0%-9.5%38.6K-744.8K-3.6K0.01124.27N/AN/A50071,174156
2021-05-05$30.26$35.00102.7%29.5%52.3%0.0%117.4%14.3%-3.8%60.3K-1.1M-4.3K0.07127.93N/AN/A500371,673161
2021-05-06$29.69$40.00104.2%26.5%52.3%0.0%0.0%-4.2%-12.5%80.5K-1.2M-5.3K0.00115.93N/AN/A0272,173182
2021-05-07$29.41$40.00109.2%22.9%50.5%0.0%0.0%-11.4%-25.4%105.8K-1.5M-5.0K4.00114.97N/AN/A142,173166
2021-05-10$28.01$40.00136.6%25.3%52.3%0.0%56.3%-13.8%-7.8%60.5K-857.1K-3.7K0.00118.65N/AN/A0102,172164
2021-05-11$28.40$40.00134.8%25.2%52.3%0.0%91.7%-19.6%-6.1%63.9K-593.0K-3.0K0.00118.00N/AN/A502,172162
2021-05-12$27.78$40.00104.6%30.0%45.8%0.0%101.4%-8.9%-6.9%58.8K-850.2K-3.4K0.03113.91N/AN/A31882,177162
2021-05-13$27.59$40.0091.8%26.3%45.7%0.0%97.9%-4.1%-2.1%65.2K-1.2M-4.2K0.00117.83N/AN/A5302,487170
2021-05-14$28.93$40.0094.5%27.1%49.3%0.0%94.5%-16.5%-13.9%85.4K-899.5K-3.4K0.00117.15N/AN/A102,537170
2021-05-17$30.31$40.0079.1%22.7%52.7%0.0%74.7%15.2%8.5%-4.8K67.2K-1.3K0.00115.64N/AN/A702,538165
2021-05-18$30.22$35.00102.2%29.3%52.7%0.0%81.3%18.6%-27.6%124.1K-1.3M-3.1K0.00116.30N/AN/A802,544165
2021-05-19$30.13$35.00103.4%29.7%46.6%0.0%0.0%-0.1%-16.7%-5.0K78.9K-1.2K0.00116.73N/AN/A002,549165
2021-05-20$30.81$35.00102.1%29.3%47.7%0.0%96.6%19.2%-11.5%37.3K-74.9K-1.6K0.00117.29N/AN/A2702,549163
2021-05-21$30.52$35.0067.1%19.2%47.1%0.0%50.7%23.1%22.8%2.1K20.5K-1.2K0.00116.44N/AN/A202,571163
2021-05-24$31.26$35.0063.1%18.1%44.6%0.0%42.6%15.7%9.2%2.3K16.0K-1.3K1.25119.13N/AN/A810342104
2021-05-25$30.74$35.0082.3%23.6%43.5%0.0%82.6%29.7%4.6%3.0K22.7K-1.3K25.64116.63N/AN/A14359351104
2021-05-26$32.01$35.0067.5%19.3%46.3%0.0%45.8%15.8%0.3%-18.5K299.7K-2.5K19.71118.08N/AN/A7138359424
2021-05-27$32.39$35.0072.8%20.9%46.6%0.0%0.0%13.3%-3.9%-22.6K427.0K-3.5K0.00118.37N/AN/A00364553
2021-05-28$32.05$35.0063.9%18.3%42.8%0.0%48.7%2.1%10.7%-27.2K412.9K-3.5K0.00117.84N/AN/A07364553