RLAY Options History — May 2022

In May 2022, RLAY traded between $14.96 and $25.72. ATM implied volatility averaged 114.0%, placing in the 25.1% IV rank vs the trailing year. The 30-day expected move averaged 31.0%. IV traded above realized volatility by 12.8% (HV 20d: 101.2%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.77.

Notable Days

  • 2022-05-09: Highest Volume — 5,941 contracts
  • 2022-05-31: Largest IV spike — 65.1% change
  • 2022-05-06: Highest IV Rank — 47.2%
  • 2022-05-11: Largest Expected Move — 40.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.54$14.96$25.72$24.99$16.10
Max Pain$29.29$25.00$30.00$25.00$30.00
ATM IV114.0%69.6%168.9%117.4%114.9%
Expected Move31.0%20.0%40.6%33.7%33.0%
HV 20d101.2%71.5%114.7%83.2%109.7%
HV 60d93.4%80.5%98.8%80.5%96.1%
IV Rank25.1%7.1%47.2%26.4%25.4%
IV Percentile52.9%4.8%86.9%63.5%57.5%
Term Structure-19.5%-46.9%27.9%-34.4%-24.5%
VWIV120.1%87.1%171.2%108.6%134.8%
Skew 25d-2.1%-63.7%108.5%40.7%-63.7%
Skew 10d66.3%-44.4%229.3%98.0%75.0%
Call IV 25d155.8%80.1%241.2%148.5%241.2%
Put IV 25d153.7%83.8%219.2%189.3%177.5%
Bid-Ask Spread %111.4864.44134.43129.01118.95
Gamma HHI0.260.210.330.280.26
Net GEX10.2K-3.0K27.1K10.4K8.6K
Net DEX-111.6K-1.0M905.3K-103.1K-214.2K
Net VEX-16.6K-23.1K-8.7K-11.8K-17.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.770.092.880.502.75
Total Volume1,286.3335555,941555886
Total OI7,050.4763,7078,1853,7077,968

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$24.99$25.00117.4%33.7%83.2%26.4%108.6%40.7%-34.4%10.4K-103.1K-11.8K0.50129.01N/AN/A3691862,3361,371
2022-05-03$24.51$25.00120.6%34.6%71.6%27.7%118.2%32.7%-32.2%8.2K63.4K-10.9K0.09134.43N/AN/A2,0541862,3711,371
2022-05-04$25.72$25.00134.1%38.5%71.5%33.2%117.6%18.4%-39.4%16.2K-105.4K-13.5K0.16134.26N/AN/A8601403,2131,371
2022-05-05$23.06$30.00144.3%29.2%79.5%37.3%127.5%-42.5%11.3%11.1K126.0K-12.2K0.10118.26N/AN/A1,4331403,4151,371
2022-05-06$19.97$30.00168.9%29.8%91.6%47.2%126.2%-16.3%-33.8%12.9K-102.1K-13.6K0.84116.03N/AN/A7676413,6571,371
2022-05-09$17.38$30.00133.8%36.4%95.1%33.0%130.6%6.2%-27.9%-2.9K905.3K-8.7K0.1273.28N/AN/A5,2996423,8251,422
2022-05-10$17.10$30.00117.4%31.8%94.8%26.4%111.3%4.3%-18.4%10.0K185.6K-17.4K1.4364.44N/AN/A4566526,5561,423
2022-05-11$14.96$30.00141.5%40.6%100.6%36.1%171.2%-16.4%-27.4%15.3K20.3K-14.8K1.23130.53N/AN/A5316526,5311,402
2022-05-12$15.65$30.00114.5%32.8%101.5%25.2%111.0%-40.2%-30.7%10.9K183.9K-16.4K1.61104.60N/AN/A4056526,6911,407
2022-05-13$17.57$30.00103.0%29.5%114.7%20.6%113.9%-45.1%2.4%12.9K-289.6K-20.8K1.9192.30N/AN/A3426526,7591,407
2022-05-16$17.42$30.0096.6%27.7%113.9%18.0%110.2%-54.5%-34.4%13.1K-933.2K-22.9K1.83104.81N/AN/A3566526,7621,407
2022-05-17$17.94$30.0097.3%27.9%114.6%18.3%107.5%32.7%2.5%27.1K-1.0M-23.1K2.55115.12N/AN/A2566526,7691,407
2022-05-18$17.54$30.00111.5%32.0%112.8%24.0%115.7%-44.2%-46.9%13.8K-605.4K-21.6K2.60109.71N/AN/A2566666,7681,407
2022-05-19$17.35$30.00113.0%32.4%111.7%24.6%125.3%-28.4%-14.6%13.3K-784.1K-22.5K2.58109.15N/AN/A2576626,7681,417
2022-05-20$17.06$30.00137.0%39.3%111.1%34.3%161.5%16.2%-31.8%23.3K-524.9K-19.6K2.58132.67N/AN/A2576626,7661,415
2022-05-23$17.61$30.0093.8%26.9%110.7%16.9%121.7%-19.7%-1.4%4.4K-32.5K-17.2K2.88119.12N/AN/A2266506,6691,405
2022-05-24$16.83$30.00119.5%34.3%110.5%27.3%119.4%31.4%-32.6%7.5K-18.7K-17.3K2.84107.92N/AN/A2296506,6741,293
2022-05-25$16.57$30.0074.5%21.4%108.3%9.1%87.1%3.7%27.9%2.2K106.2K-16.4K2.88100.55N/AN/A2266506,6721,293
2022-05-26$16.73$30.0071.4%20.5%108.8%7.8%89.1%31.9%-14.1%-468300.0K-15.1K2.88108.58N/AN/A2266506,6721,293
2022-05-27$17.35$30.0069.6%20.0%109.9%7.1%113.6%108.5%-9.9%-3.0K483.9K-15.3K2.77117.33N/AN/A2356506,6721,293
2022-05-31$16.10$30.00114.9%33.0%109.7%25.4%134.8%-63.7%-24.5%8.6K-214.2K-17.3K2.75118.95N/AN/A2366506,6751,293