RLAY Options History — November 2021

In November 2021, RLAY traded between $29.16 and $36.98. ATM implied volatility averaged 120.8%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 33.8%. IV traded above realized volatility by 49.3% (HV 20d: 71.5%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 5.09.

Notable Days

  • 2021-11-22: Highest Volume — 1,367 contracts
  • 2021-11-24: Largest IV spike — 38.2% change
  • 2021-11-09: Highest IV Rank — 41.2%
  • 2021-11-02: Largest Expected Move — 38.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.12$29.16$36.98$34.56$29.16
Max Pain$37.62$35.00$40.00$35.00$35.00
ATM IV120.8%78.8%154.1%124.5%104.9%
Expected Move33.8%22.6%38.5%35.7%30.1%
HV 20d71.5%49.2%108.6%107.2%51.6%
HV 60d77.2%76.2%78.6%76.6%77.5%
IV Rank27.8%10.8%41.2%29.3%21.4%
IV Percentile73.3%28.1%85.5%81.3%57.0%
Term Structure-5.3%-40.8%53.4%9.9%-40.8%
VWIV126.9%100.4%168.1%128.3%154.3%
Skew 25d-6.7%-56.6%37.7%-45.3%-56.6%
Skew 10d26.8%-42.9%89.5%4.3%49.0%
Call IV 25d131.3%93.8%176.4%153.4%176.4%
Put IV 25d124.6%87.0%160.9%108.2%119.8%
Bid-Ask Spread %113.25104.65126.85116.39126.85
Gamma HHI0.270.190.460.210.46
Net GEX-1.1K-21.5K13.4K666-20.2K
Net DEX52.1K-399.9K1.1M-72.9K938.1K
Net VEX-4.0K-5.8K-3.0K-3.2K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.092.008.416.572.00
Total Volume830.6195141,367515663
Total OI1,304.7147941,6377941,629

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$34.56$35.00124.5%35.7%107.2%29.3%128.3%-45.3%9.9%666-72.9K-3.2K6.57116.39N/AN/A68447356438
2021-11-02$34.70$35.00134.1%38.5%106.9%33.2%137.2%-3.3%-13.6%925-125.4K-3.3K6.48113.28N/AN/A71460368437
2021-11-03$36.98$35.00123.6%35.4%108.6%28.9%168.1%6.7%5.7%1.2K-291.3K-3.4K2.27117.75N/AN/A291660368452
2021-11-04$36.33$40.00130.4%34.1%99.2%31.7%117.3%14.3%-22.0%7.5K-369.1K-4.0K2.28106.04N/AN/A289660569639
2021-11-05$35.96$40.00132.5%33.3%98.8%32.5%117.0%17.6%-13.6%8.0K-367.7K-4.0K7.34108.79N/AN/A89653573639
2021-11-08$35.84$40.00123.3%35.0%97.6%28.8%116.0%19.5%-20.0%7.0K-283.6K-3.9K7.79104.65N/AN/A82639585643
2021-11-09$35.26$40.00154.1%35.2%95.3%41.2%121.1%4.2%-18.4%7.0K-340.0K-3.7K7.61107.67N/AN/A84639593645
2021-11-10$33.90$40.00118.1%33.8%84.1%26.7%115.5%-10.4%-16.6%5.0K-266.5K-3.6K8.41107.41N/AN/A76639593645
2021-11-11$35.87$40.00118.5%34.0%65.3%26.9%116.1%1.6%-18.7%8.6K-399.9K-3.5K6.91109.15N/AN/A78539593635
2021-11-12$35.20$40.00121.2%34.7%56.4%27.9%118.2%-9.1%-17.8%6.4K-181.9K-3.5K6.91111.87N/AN/A78539594734
2021-11-15$35.28$40.00118.7%34.0%51.7%27.0%122.4%-2.8%-14.3%8.3K-248.0K-3.3K5.85110.97N/AN/A75439598734
2021-11-16$35.30$40.00122.8%35.2%51.6%28.6%123.9%-7.1%-19.4%5.7K-304.2K-3.4K5.85111.39N/AN/A75439598735
2021-11-17$35.96$40.00118.0%33.8%49.2%26.6%126.1%-0.9%-10.1%5.1K-269.6K-3.2K2.50110.75N/AN/A235588598735
2021-11-18$35.05$40.00125.7%36.0%50.5%29.8%132.7%-2.6%7.1%13.4K-337.7K-3.8K2.38113.52N/AN/A248589752885
2021-11-19$34.26$35.00126.0%36.1%51.0%29.9%134.9%-6.3%-0.5%-3.9K80.6K-3.5K2.45116.20N/AN/A242592752884
2021-11-22$34.49$35.0098.3%28.2%49.5%18.7%100.4%-6.8%26.6%-4.4K108.0K-3.0K4.84114.95N/AN/A2341,133399583
2021-11-23$31.58$35.0078.8%22.6%59.6%10.8%117.5%-36.7%53.4%-18.5K898.2K-5.8K4.65116.23N/AN/A2129854361,154
2021-11-24$31.36$35.00108.8%31.2%59.0%23.0%120.9%-24.5%17.4%-18.1K831.2K-5.8K4.80118.80N/AN/A2059854431,159
2021-11-26$30.08$35.00124.6%35.7%54.5%29.3%129.5%-29.3%-2.9%-21.5K1.0M-5.4K4.47119.97N/AN/A2209844541,158
2021-11-29$29.49$35.00129.8%37.2%54.5%31.4%147.7%37.7%-2.6%-21.1K1.1M-5.0K4.49115.71N/AN/A2229974551,159
2021-11-30$29.16$35.00104.9%30.1%51.6%21.4%154.3%-56.6%-40.8%-20.2K938.1K-4.9K2.00126.85N/AN/A2214424561,173