RLAY Options History — July 2022

In July 2022, RLAY traded between $17.99 and $23.26. ATM implied volatility averaged 174.1%, placing in the 43.3% IV rank vs the trailing year. The 30-day expected move averaged 37.8%. IV traded above realized volatility by 63.8% (HV 20d: 110.2%). Max pain ranged from $2.50 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.27.

Notable Days

  • 2022-07-19: Highest Volume — 1,427 contracts
  • 2022-07-13: Largest IV drop — 68.4% change
  • 2022-07-11: Highest IV Rank — 100.0%
  • 2022-07-01: Largest Expected Move — 60.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.38$17.99$23.26$17.99$19.13
Max Pain$9.13$2.50$20.00$15.00$20.00
ATM IV174.1%108.3%346.9%209.7%109.8%
Expected Move37.8%30.4%60.1%60.1%31.5%
HV 20d110.2%98.7%120.9%118.9%104.9%
HV 60d106.2%101.3%110.1%101.3%110.1%
IV Rank43.3%18.3%100.0%63.2%18.8%
IV Percentile73.2%38.1%100.0%89.7%38.1%
Term Structure-0.3%-91.4%52.4%-91.4%52.4%
VWIV140.1%84.4%225.3%225.3%182.3%
Skew 25d4.6%-67.0%59.3%44.1%-67.0%
Skew 10d74.2%-54.9%188.4%188.4%63.5%
Call IV 25d179.7%122.0%263.5%263.5%213.0%
Put IV 25d184.3%146.0%307.6%307.6%146.0%
Bid-Ask Spread %126.40105.16135.78125.53135.78
Gamma HHI0.220.210.310.230.22
Net GEX54.2K34.8K80.3K40.2K52.4K
Net DEX-2.5M-4.1M-1.8M-1.9M-1.8M
Net VEX-17.6K-24.2K-13.5K-15.2K-14.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.040.700.440.70
Total Volume504.151871,427187359
Total OI5,793.455,5126,1425,5736,142

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$17.99$15.00209.7%60.1%118.9%63.2%225.3%44.1%-91.4%40.2K-1.9M-15.2K0.44125.53N/AN/A130575,448125
2022-07-05$19.50$2.50195.5%30.4%120.9%57.4%105.1%0.9%40.2%48.4K-2.2M-16.4K0.44130.33N/AN/A130575,448125
2022-07-06$20.41$2.50240.5%32.6%109.1%75.8%112.8%-1.2%9.4%53.2K-2.9M-20.1K0.30130.72N/AN/A193575,448125
2022-07-07$21.58$2.50157.6%30.5%109.2%41.9%112.8%25.8%6.1%58.2K-3.2M-21.1K0.11123.85N/AN/A522575,419125
2022-07-08$22.16$2.50239.5%35.4%109.1%75.4%132.5%24.3%-21.1%58.6K-3.4M-22.2K0.11118.01N/AN/A519575,439125
2022-07-11$19.79$2.50346.9%33.8%117.0%100.0%119.5%18.3%7.8%48.8K-3.0M-19.5K0.11132.89N/AN/A519575,440125
2022-07-12$19.42$2.50342.9%32.0%111.1%98.6%116.7%2.1%25.7%46.4K-2.1M-15.8K0.11134.68N/AN/A519575,440125
2022-07-13$19.37$2.50108.3%31.1%105.6%18.3%114.9%-7.5%34.6%42.6K-2.5M-17.8K0.11135.07N/AN/A519575,440125
2022-07-14$19.52$2.50112.4%32.2%104.7%19.7%118.4%-3.5%15.7%52.8K-1.9M-15.7K0.18134.83N/AN/A311575,440125
2022-07-15$19.30$2.50125.6%36.0%104.3%24.2%213.9%-25.5%10.6%34.8K-1.8M-14.7K0.12121.95N/AN/A582675,441125
2022-07-18$18.19$2.50161.5%46.3%107.5%36.5%141.4%3.1%7.4%42.9K-2.1M-16.0K0.07105.16N/AN/A768565,44270
2022-07-19$20.65$2.50141.1%40.4%113.2%29.5%101.2%59.3%-9.4%56.9K-2.2M-16.2K0.04124.19N/AN/A1,367605,90770
2022-07-20$23.07$2.50141.9%40.7%113.8%29.8%126.4%11.3%-27.2%74.5K-2.8M-18.1K0.11118.16N/AN/A746815,90774
2022-07-21$23.26$17.50128.5%36.8%113.9%25.2%84.4%7.6%32.3%80.3K-4.1M-24.2K0.28127.93N/AN/A3741065,940111
2022-07-22$21.38$20.00140.4%40.3%117.4%29.3%158.2%-20.8%-16.4%63.0K-3.2M-20.5K0.46122.11N/AN/A2501165,935141
2022-07-25$20.17$20.00129.2%37.0%114.7%25.4%152.2%-21.1%-5.5%53.2K-2.0M-13.5K0.46134.04N/AN/A2391115,935177
2022-07-26$20.76$20.00157.2%45.1%109.5%35.0%140.2%37.2%-33.7%58.9K-2.1M-15.3K0.47121.57N/AN/A2351115,939180
2022-07-27$21.55$20.00131.1%37.6%98.7%26.1%168.8%3.1%-18.4%59.4K-2.4M-15.9K0.43126.49N/AN/A197855,940180
2022-07-28$20.44$20.00161.8%46.4%101.4%36.6%175.0%1.9%-25.9%58.6K-3.2M-20.3K0.41124.63N/AN/A211875,940186
2022-07-29$19.13$20.00109.8%31.5%104.9%18.8%182.3%-67.0%52.4%52.4K-1.8M-14.0K0.70135.78N/AN/A2111485,954188