RLAY Options History — August 2021

In August 2021, RLAY traded between $29.91 and $33.44. ATM implied volatility averaged 110.0%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 32.1%. IV traded above realized volatility by 70.6% (HV 20d: 39.4%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 1.01.

Notable Days

  • 2021-08-25: Highest Volume — 880 contracts
  • 2021-08-10: Largest IV spike — 53.0% change
  • 2021-08-23: Highest IV Rank — 57.0%
  • 2021-08-23: Largest Expected Move — 35.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.95$29.91$33.44$32.87$31.78
Max Pain$38.86$35.00$40.00$40.00$35.00
ATM IV110.0%75.9%123.1%90.9%121.1%
Expected Move32.1%26.1%35.3%26.1%34.7%
HV 20d39.4%33.1%45.3%43.3%45.3%
HV 60d40.9%38.5%42.7%41.8%41.1%
IV Rank48.1%19.2%57.0%38.2%55.4%
IV Percentile86.1%39.1%94.9%73.0%91.7%
Term Structure27.5%-1.1%83.4%0.7%53.2%
VWIV116.2%84.9%149.1%100.6%126.5%
Skew 25d22.8%-26.7%49.6%4.0%25.4%
Skew 10d40.7%5.5%94.3%17.1%5.5%
Call IV 25d99.6%69.8%132.6%125.2%115.0%
Put IV 25d122.4%95.9%141.6%129.2%140.4%
Bid-Ask Spread %114.93109.64130.57129.84111.65
Gamma HHI0.310.270.390.300.27
Net GEX-21.1K-24.2K-7.3K-23.6K-7.3K
Net DEX1.4M212.6K1.8M1.6M212.6K
Net VEX-8.7K-11.0K-7.2K-9.2K-11.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.004.300.000.59
Total Volume70.18208803270
Total OI1,652.6361,4242,3811,5432,324

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$32.87$40.0090.9%26.1%43.3%0.0%100.6%4.0%0.7%-23.6K1.6M-9.2K0.00129.84N/AN/A3202751,268
2021-08-03$32.04$40.0096.8%27.8%43.0%0.0%84.9%4.7%29.9%-23.1K1.7M-8.8K0.60129.42N/AN/A532751,268
2021-08-04$32.48$40.00104.4%29.9%38.1%0.0%110.5%4.7%14.8%-22.8K1.6M-9.1K0.00130.57N/AN/A103071,268
2021-08-05$32.83$40.0099.6%31.2%38.4%38.2%146.5%11.4%16.6%-23.1K1.5M-9.2K0.00111.32N/AN/A203021,270
2021-08-06$32.97$40.00104.8%31.3%38.3%42.3%0.0%28.9%10.9%-23.4K1.5M-9.2K0.00111.84N/AN/A003021,270
2021-08-09$33.37$40.0075.9%30.9%38.5%19.2%0.0%26.3%9.5%-24.2K1.6M-9.1K0.00112.45N/AN/A203031,270
2021-08-10$33.01$40.00116.1%32.7%38.1%51.4%0.0%22.6%8.5%-23.7K1.5M-9.0K0.00111.47N/AN/A003031,270
2021-08-11$32.48$40.00108.6%31.1%38.1%45.4%116.7%23.1%8.2%-23.9K1.6M-8.7K0.00113.14N/AN/A013051,270
2021-08-12$33.44$40.00104.5%30.0%36.3%42.1%0.0%27.8%25.5%-23.8K1.6M-8.8K0.08109.64N/AN/A1213051,270
2021-08-13$32.98$40.00112.5%32.3%33.1%48.5%116.9%-0.6%8.0%-23.9K1.6M-8.8K0.00112.51N/AN/A303051,271
2021-08-16$31.83$40.00114.0%32.7%35.1%49.7%107.3%35.6%-1.1%-20.9K1.7M-8.2K4.30113.19N/AN/A23993151,271
2021-08-17$32.62$40.00119.5%34.3%33.4%54.1%114.4%47.3%4.1%-21.2K1.8M-8.1K3.00111.86N/AN/A133131,271
2021-08-18$32.94$40.00114.5%32.8%33.5%50.1%0.0%49.6%5.4%-22.1K1.6M-8.3K0.00114.29N/AN/A002951,244
2021-08-19$30.67$40.00113.3%32.5%41.4%49.1%119.5%28.2%35.2%-23.0K1.8M-7.7K3.33114.68N/AN/A6202961,245
2021-08-20$31.41$40.00115.7%33.2%42.4%51.1%117.9%49.1%44.0%-21.3K1.7M-7.8K0.00114.46N/AN/A102961,245
2021-08-23$32.18$40.00123.1%35.3%42.0%57.0%113.9%49.5%30.6%-22.6K1.4M-7.8K0.09113.00N/AN/A4642601,164
2021-08-24$30.99$40.00119.9%34.4%42.4%54.4%115.9%34.8%38.1%-21.9K1.5M-7.5K0.72112.36N/AN/A18132611,164
2021-08-25$30.10$35.00111.1%31.9%41.4%47.4%105.8%5.7%65.7%-20.4K1.4M-7.2K0.50110.75N/AN/A5872933031,166
2021-08-26$29.91$35.00122.5%35.1%41.4%56.5%149.1%31.5%58.3%-20.2K1.4M-7.3K1.67113.23N/AN/A6103211,175
2021-08-27$29.98$35.00108.6%31.1%41.3%45.4%113.6%18.1%83.4%-12.6K658.9K-10.9K2.78114.60N/AN/A732039061,465
2021-08-30$30.07$35.00122.1%35.0%41.0%56.2%0.0%-26.7%56.5%-15.0K719.3K-10.5K0.50112.18N/AN/A429061,475
2021-08-31$31.78$35.00121.1%34.7%45.3%55.4%126.5%25.4%53.2%-7.3K212.6K-11.0K0.59111.65N/AN/A44269771,347