RLAY Options History — April 2022

In April 2022, RLAY traded between $24.00 and $34.81. ATM implied volatility averaged 115.9%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded above realized volatility by 27.6% (HV 20d: 88.4%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 2.01.

Notable Days

  • 2022-04-28: Highest Volume — 1,611 contracts
  • 2022-04-11: Largest IV spike — 69.3% change
  • 2022-04-12: Highest IV Rank — 83.0%
  • 2022-04-29: Largest Expected Move — 32.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.71$24.00$34.81$31.44$24.00
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV115.9%74.9%257.6%117.3%113.8%
Expected Move26.5%21.5%32.6%27.3%32.6%
HV 20d88.4%83.0%93.7%83.1%84.2%
HV 60d82.0%78.0%83.9%78.0%81.0%
IV Rank25.8%9.3%83.0%26.4%24.9%
IV Percentile48.9%11.5%98.0%64.7%59.1%
Term Structure5.7%-52.3%42.7%-18.0%3.6%
VWIV89.6%55.8%127.9%91.7%127.9%
Skew 25d14.5%-17.0%95.1%95.1%-9.0%
Skew 10d45.7%-67.4%170.3%170.3%40.7%
Call IV 25d119.0%80.7%200.9%80.7%200.9%
Put IV 25d133.5%103.9%191.9%175.8%191.9%
Bid-Ask Spread %121.95115.45133.09115.52133.09
Gamma HHI0.350.290.410.290.29
Net GEX16.1K6.2K31.8K23.8K7.1K
Net DEX-1.1M-2.9M151.0K-1.8M151.0K
Net VEX-9.8K-11.2K-6.6K-8.8K-10.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.010.007.411.750.24
Total Volume5752191,611570967
Total OI2,759.42,2223,6742,2223,674

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$31.44$25.00117.3%27.3%83.1%26.4%91.7%95.1%-18.0%23.8K-1.8M-8.8K1.75115.52N/AN/A2073631,358864
2022-04-04$34.81$25.0097.2%26.5%87.0%18.3%89.4%19.6%-6.5%25.9K-2.9M-6.6K1.28115.45N/AN/A3274201,358864
2022-04-05$32.20$25.00124.9%24.1%93.7%29.5%82.1%-3.0%22.1%25.4K-2.0M-11.2K1.23118.72N/AN/A3274011,6351,114
2022-04-06$31.70$25.00123.5%25.9%91.2%28.9%84.4%6.1%9.1%31.8K-1.9M-11.0K1.22120.06N/AN/A3284011,6351,115
2022-04-07$30.75$25.00133.9%26.0%92.2%33.1%83.0%6.9%15.6%26.4K-1.7M-10.7K5.65120.86N/AN/A714011,6361,115
2022-04-08$32.67$25.00122.0%26.2%90.9%28.3%80.4%-1.1%8.8%25.7K-2.2M-10.9K1.14119.31N/AN/A3514011,6361,115
2022-04-11$30.88$25.00206.4%24.1%90.6%62.3%81.8%-17.0%27.0%23.1K-1.5M-10.1K1.14121.97N/AN/A3524001,5651,115
2022-04-12$31.09$25.00257.6%24.3%90.5%83.0%85.0%-2.9%7.4%26.7K-1.8M-9.9K7.41121.59N/AN/A544001,5651,115
2022-04-13$32.25$25.0084.3%24.2%87.3%13.1%82.3%2.8%19.5%12.1K-2.0M-10.0K3.70120.51N/AN/A542001,5631,115
2022-04-14$30.67$25.0074.9%21.5%90.0%9.3%55.8%-14.1%42.7%8.6K-1.6M-9.3K1.30119.91N/AN/A1531991,5641,165
2022-04-18$28.68$25.0089.1%25.5%91.2%15.0%91.0%0.6%9.7%7.6K-161.7K-9.0K4.80120.25N/AN/A411971,2541,160
2022-04-19$29.13$25.0088.3%25.3%89.3%14.7%93.3%-1.0%-12.1%8.1K-223.7K-9.0K1.03120.90N/AN/A1911971,2541,160
2022-04-20$30.03$25.0080.6%23.1%85.4%11.6%83.4%11.6%14.5%12.2K-415.8K-10.1K2.98121.84N/AN/A661971,4121,260
2022-04-21$27.95$25.0094.7%27.2%89.1%17.3%94.0%6.6%3.5%6.7K-104.5K-9.5K2.32121.56N/AN/A661531,4371,260
2022-04-22$28.16$25.0089.8%25.7%87.6%15.3%80.2%19.5%35.8%6.2K-118.0K-9.2K2.05125.47N/AN/A751541,4621,316
2022-04-25$29.22$25.00105.5%30.3%87.5%21.6%103.9%38.5%-8.0%10.6K-352.1K-9.7K0.53122.95N/AN/A2891541,4761,366
2022-04-26$27.73$25.00104.1%29.9%88.8%21.1%102.5%38.9%-16.2%8.3K-153.5K-9.7K0.18122.66N/AN/A8631541,5991,366
2022-04-27$25.48$25.00104.3%29.9%84.9%21.1%0.0%36.9%-52.3%19.7K-1.2M-10.5K0.00124.61N/AN/A31501,8191,366
2022-04-28$25.26$25.00106.5%30.5%83.0%22.0%110.7%54.1%7.1%7.1K22.4K-10.5K0.18131.75N/AN/A1,3652461,9681,367
2022-04-29$24.00$25.00113.8%32.6%84.2%24.9%127.9%-9.0%3.6%7.1K151.0K-10.4K0.24133.09N/AN/A7811862,2841,390