RLAY Options History — July 2021

In July 2021, RLAY traded between $31.90 and $38.07. ATM implied volatility averaged 109.8%. The 30-day expected move averaged 28.8%. IV traded above realized volatility by 66.5% (HV 20d: 43.2%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.33.

Notable Days

  • 2021-07-29: Highest Volume — 70 contracts
  • 2021-07-14: Largest IV drop — 42.0% change
  • 2021-07-29: Largest Expected Move — 33.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.15$31.90$38.07$37.94$32.49
Max Pain$40.24$40.00$45.00$40.00$40.00
ATM IV109.8%78.5%176.8%78.5%101.9%
Expected Move28.8%22.5%33.4%22.5%29.2%
HV 20d43.2%34.7%45.8%40.9%43.0%
HV 60d43.9%41.9%46.3%45.4%41.9%
Term Structure16.2%-8.9%108.9%14.9%15.8%
VWIV93.5%1.1%114.0%91.4%114.0%
Skew 25d19.3%-16.0%62.2%38.9%18.4%
Skew 10d21.6%-11.9%76.4%71.6%20.1%
Call IV 25d93.4%65.0%129.8%79.3%129.8%
Put IV 25d112.7%76.5%174.6%118.2%148.3%
Bid-Ask Spread %120.03112.23128.34126.68128.34
Gamma HHI0.340.290.470.460.30
Net GEX-26.2K-37.2K-19.4K-37.2K-23.1K
Net DEX1.8M1.4M2.3M1.7M1.6M
Net VEX-9.9K-11.4K-9.0K-11.4K-9.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.0011.000.671.33
Total Volume12.09507050
Total OI1,575.7141,4741,6841,6201,516

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$37.94$40.0078.5%22.5%40.9%0.0%0.0%38.9%14.9%-37.2K1.7M-11.4K0.67126.68N/AN/A322151,405
2021-07-02$38.07$40.0086.3%24.7%40.9%0.0%91.4%38.2%-4.5%-35.8K1.7M-11.4K0.00127.75N/AN/A202171,407
2021-07-06$36.92$45.00109.8%25.9%34.7%0.0%97.4%4.1%16.9%-34.9K1.8M-11.0K0.40113.52N/AN/A522171,407
2021-07-07$34.66$40.0086.6%28.8%41.8%0.0%102.3%-11.7%7.3%-30.5K1.8M-10.5K0.18116.78N/AN/A1122161,407
2021-07-08$34.52$40.00122.1%29.1%41.4%0.0%0.0%-6.8%9.8%-31.3K1.9M-10.4K0.00113.88N/AN/A002261,407
2021-07-09$34.84$40.00128.8%29.3%41.4%0.0%0.0%-16.0%12.3%-32.0K1.9M-10.5K0.00113.45N/AN/A1002261,407
2021-07-12$34.48$40.00172.7%30.3%41.6%0.0%0.0%-5.1%0.4%-31.1K1.9M-10.2K0.00116.40N/AN/A0332311,407
2021-07-13$33.83$40.00176.8%29.3%42.1%0.0%99.2%42.3%10.3%-20.0K2.2M-9.8K0.00112.23N/AN/A102311,440
2021-07-14$33.27$40.00102.5%29.4%42.2%0.0%0.0%36.1%5.8%-22.8K2.2M-9.9K0.00119.29N/AN/A002321,440
2021-07-15$31.90$40.00104.6%30.0%44.3%0.0%106.2%22.1%3.8%-22.6K2.3M-9.3K11.00119.73N/AN/A1112321,440
2021-07-16$33.35$40.00100.8%28.9%45.8%0.0%93.9%23.2%14.4%-23.4K2.3M-9.7K0.00114.47N/AN/A1702331,451
2021-07-19$32.92$40.00104.7%30.0%45.2%0.0%102.3%31.5%-1.6%-22.9K1.6M-9.6K0.40120.85N/AN/A522141,260
2021-07-20$34.19$40.00105.9%30.3%45.7%0.0%99.1%30.8%9.1%-23.7K1.5M-9.8K0.00119.92N/AN/A102201,262
2021-07-21$34.47$40.00107.6%30.8%45.2%0.0%107.6%29.0%7.4%-23.8K1.5M-9.8K6.00120.81N/AN/A5302211,262
2021-07-22$33.98$40.0080.4%23.0%45.5%0.0%1.1%47.7%108.9%-25.2K1.4M-9.7K0.04120.23N/AN/A2512251,262
2021-07-23$34.27$40.00105.9%30.3%45.2%0.0%107.0%16.3%4.0%-23.2K1.5M-9.8K0.00120.78N/AN/A1402401,263
2021-07-26$33.11$40.0090.0%25.8%44.6%0.0%0.0%62.2%108.4%-19.4K1.7M-9.0K0.00122.62N/AN/A002401,263
2021-07-27$32.01$40.00108.5%31.1%45.8%0.0%0.0%1.4%-8.9%-22.3K1.6M-9.1K0.00125.74N/AN/A002531,263
2021-07-28$33.09$40.00113.9%32.7%45.2%0.0%114.0%1.1%4.0%-22.9K1.6M-9.4K0.00123.68N/AN/A102531,263
2021-07-29$32.94$40.00116.7%33.4%45.0%0.0%0.0%1.0%0.7%-22.7K1.5M-9.3K1.33123.45N/AN/A30402531,263
2021-07-30$32.49$40.00101.9%29.2%43.0%0.0%0.0%18.4%15.8%-23.1K1.6M-9.1K0.00128.34N/AN/A002531,263