RLAY Options History — March 2022

In March 2022, RLAY traded between $20.24 and $32.47. ATM implied volatility averaged 110.9%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 32.9%. IV traded above realized volatility by 31.3% (HV 20d: 79.6%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 3.55.

Notable Days

  • 2022-03-29: Highest Volume — 1,303 contracts
  • 2022-03-08: Largest IV drop — 37.7% change
  • 2022-03-07: Highest IV Rank — 48.0%
  • 2022-03-11: Largest Expected Move — 54.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.75$20.24$32.47$24.00$29.87
Max Pain$28.41$25.00$30.00$30.00$25.00
ATM IV110.9%83.3%170.9%126.2%99.5%
Expected Move32.9%20.8%54.5%36.2%26.0%
HV 20d79.6%60.1%95.8%63.3%89.4%
HV 60d73.1%64.4%79.5%65.2%79.5%
IV Rank23.8%12.6%48.0%30.0%19.2%
IV Percentile52.9%21.0%88.5%78.2%36.5%
Term Structure-28.6%-63.1%-9.5%-52.2%-19.0%
VWIV112.5%72.1%216.5%112.2%93.8%
Skew 25d31.3%-0.5%84.6%38.8%62.2%
Skew 10d93.6%-44.2%157.2%131.4%146.3%
Call IV 25d129.2%81.6%161.4%123.0%111.0%
Put IV 25d160.5%132.0%187.0%161.8%173.3%
Bid-Ask Spread %124.08113.11134.97130.98118.03
Gamma HHI0.410.270.600.340.27
Net GEX3.3K-6.0K20.5K-4.9K16.9K
Net DEX-197.4K-1.5M411.5K360.1K-1.5M
Net VEX-2.3K-6.9K-724-1.1K-6.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.550.937.854.051.75
Total Volume428.2172581,303283570
Total OI823.875281,9835281,983

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$24.00$30.00126.2%36.2%63.3%30.0%112.2%38.8%-52.2%-4.9K360.1K-1.1K4.05130.98N/AN/A56227197331
2022-03-02$23.86$30.00143.9%41.3%60.1%37.1%129.6%26.6%-26.8%-4.3K317.7K-1.1K4.05126.83N/AN/A56227198331
2022-03-03$21.86$30.00143.0%41.0%65.9%36.8%150.3%41.0%-57.7%-4.1K364.2K-9304.05132.41N/AN/A56227198331
2022-03-04$20.24$30.00145.6%41.7%68.8%37.8%216.5%-0.5%-56.3%-3.7K322.6K-8953.98132.15N/AN/A57227198331
2022-03-07$21.45$30.00170.9%49.0%71.9%48.0%184.6%9.1%-19.6%-4.2K411.5K-8453.91132.84N/AN/A58227199331
2022-03-08$22.51$30.00106.4%49.5%73.3%22.0%160.9%16.6%-27.1%-4.3K373.0K-9003.91131.65N/AN/A58227200331
2022-03-09$24.42$30.0092.3%48.9%77.1%16.3%124.6%4.7%-37.2%-5.5K357.7K-9235.04125.62N/AN/A45227200331
2022-03-10$25.19$30.0098.6%49.3%75.8%18.8%137.9%19.0%-12.7%-6.0K371.6K-9184.63133.55N/AN/A49227202331
2022-03-11$23.92$30.0086.3%54.5%73.9%13.9%202.4%3.5%-29.2%-4.9K276.5K-9334.63134.97N/AN/A49227207331
2022-03-14$22.55$25.00106.4%25.5%77.6%22.0%110.3%3.5%-22.3%-4.8K356.0K-7240.93113.55N/AN/A449419207331
2022-03-15$22.61$30.00103.8%25.5%77.2%20.9%80.6%13.3%-20.8%5.1K190.1K-2.4K0.94113.11N/AN/A449424608462
2022-03-16$24.60$30.0099.0%27.1%80.8%19.0%81.6%15.8%-45.7%4.6K-74.5K-2.7K7.85117.29N/AN/A54424608467
2022-03-17$25.19$0.00103.6%26.3%80.2%20.8%72.1%56.4%-28.6%4.5K-65.1K-2.7K4.16128.61N/AN/A56233608467
2022-03-18$26.97$30.00105.3%25.0%82.9%21.5%80.7%33.6%-12.3%6.3K-122.0K-2.6K3.63126.42N/AN/A65236610467
2022-03-21$25.71$30.00104.7%24.9%85.5%21.3%82.5%19.6%-11.5%6.5K-353.9K-2.5K4.38128.41N/AN/A48210469253
2022-03-22$27.87$30.00105.0%22.1%88.6%21.4%77.0%48.3%-43.5%6.2K-568.2K-2.6K4.04116.80N/AN/A52210482254
2022-03-23$28.54$30.0083.3%23.3%87.8%12.6%79.7%61.8%-9.5%12.0K-603.8K-2.6K2.54123.59N/AN/A83211489254
2022-03-24$29.83$25.0090.1%22.4%87.4%15.4%75.7%2.9%-10.4%10.6K-880.4K-2.7K2.78119.99N/AN/A76211531255
2022-03-25$28.65$25.00105.5%20.8%88.3%21.6%74.7%72.2%-63.1%10.8K-721.2K-2.7K2.50121.04N/AN/A92230543255
2022-03-28$29.44$25.00107.4%24.2%87.0%22.4%83.5%11.7%-20.7%9.6K-851.8K-2.8K2.25113.44N/AN/A102230561275
2022-03-29$32.47$25.00116.9%25.7%92.2%26.2%89.2%84.6%-10.4%8.6K-1.2M-2.7K1.24114.00N/AN/A581722576275
2022-03-30$30.59$25.00107.4%25.7%95.8%22.4%86.7%75.6%-22.2%20.5K-1.4M-6.9K4.43118.48N/AN/A1637221,106775
2022-03-31$29.87$25.0099.5%26.0%89.4%19.2%93.8%62.2%-19.0%16.9K-1.5M-6.5K1.75118.03N/AN/A2073631,208775