RLAY Options History — December 2022

In December 2022, RLAY traded between $14.18 and $18.68. ATM implied volatility averaged 112.6%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 26.0%. IV traded above realized volatility by 59.0% (HV 20d: 53.6%). Max pain ranged from $5.00 to $25.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.05.

Notable Days

  • 2022-12-16: Highest Volume — 540 contracts
  • 2022-12-05: Largest IV spike — 79.4% change
  • 2022-12-06: Highest IV Rank — 55.4%
  • 2022-12-01: Largest Expected Move — 54.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.34$14.18$18.68$17.81$14.71
Max Pain$19.76$5.00$25.00$22.50$17.50
ATM IV112.6%53.0%216.8%190.3%53.0%
Expected Move26.0%15.2%54.5%54.5%15.2%
HV 20d53.6%45.2%56.8%53.4%56.1%
HV 60d56.4%52.3%78.8%78.8%54.0%
IV Rank19.8%0.0%55.4%46.4%0.0%
IV Percentile34.8%0.0%94.4%88.5%0.0%
Term Structure-8.8%-65.7%49.5%-58.8%49.5%
VWIV105.8%61.3%185.6%185.6%181.5%
Skew 25d-13.1%-107.7%50.9%-53.0%50.9%
Skew 10d34.6%-44.0%187.4%187.4%15.7%
Call IV 25d107.2%49.9%200.8%123.3%67.3%
Put IV 25d94.2%52.1%177.8%70.3%118.2%
Bid-Ask Spread %115.3490.22142.11122.6197.78
Gamma HHI0.290.170.600.190.22
Net GEX3.1K-10.5K24.0K6.9K13.1K
Net DEX134.8K-627.0K776.8K112.8K-414.1K
Net VEX-1.4K-4.2K-519-2.9K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.0014.001.670.02
Total Volume68.3810540847
Total OI3,196.3338884,8444,8181,374

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$17.81$22.50190.3%54.5%53.4%46.4%185.6%-53.0%-58.8%6.9K112.8K-2.9K1.67122.61N/AN/A354,231587
2022-12-02$18.68$22.50114.9%32.9%56.7%20.5%138.4%-107.7%-65.7%5.1K141.8K-2.7K0.00125.42N/AN/A1404,231582
2022-12-05$18.20$25.00206.1%28.9%56.7%51.8%0.0%-47.7%-29.5%24.0K-627.0K-4.2K0.00136.98N/AN/A304,239582
2022-12-06$18.17$25.00216.8%29.7%56.7%55.4%0.0%3.4%-17.1%-4.3K405.5K-1.9K0.00137.39N/AN/A004,239582
2022-12-07$17.56$25.00155.0%43.2%56.8%34.3%0.0%-39.1%-54.6%1.2K287.7K-2.0K1.00137.32N/AN/A334,239582
2022-12-08$17.16$25.00161.5%30.9%56.2%36.5%0.0%-3.9%-22.0%825355.7K-1.8K0.00137.97N/AN/A404,242585
2022-12-09$16.35$25.00193.3%31.7%54.8%47.4%0.0%10.0%-48.8%-695424.3K-1.6K1.00142.11N/AN/A114,243585
2022-12-12$16.84$5.00139.0%26.9%54.8%28.8%100.8%12.0%-18.1%-6.4K583.5K-1.2K14.00117.81N/AN/A1144,244586
2022-12-13$17.45$17.50124.4%20.9%56.2%23.8%61.3%1.6%8.3%-10.5K673.2K-8850.50110.10N/AN/A424,245596
2022-12-14$17.31$20.0083.1%23.8%56.1%9.7%0.0%-2.9%-6.6%-9.5K659.6K-9890.00119.98N/AN/A004,248596
2022-12-15$16.99$20.0079.3%22.7%45.2%8.4%84.5%-21.9%16.6%-7.3K633.5K-9530.00115.34N/AN/A024,248596
2022-12-16$16.89$20.0082.7%23.7%45.2%9.5%75.0%11.5%13.2%3.5K776.8K-8570.00109.10N/AN/A53914,248596
2022-12-19$15.53$17.5068.4%19.6%48.3%4.6%80.9%1.6%14.2%7.8K-161.9K-1.2K0.01114.20N/AN/A129186425
2022-12-20$15.71$20.0091.6%26.3%48.7%12.6%68.4%38.4%-21.2%8.5K-145.9K-9560.12110.04N/AN/A26386226
2022-12-21$14.77$20.0069.7%20.0%51.5%5.1%71.8%-21.2%4.6%4.5K-102.2K-7220.12107.41N/AN/A1441788829
2022-12-22$15.13$17.5067.3%19.3%53.1%4.3%93.1%-1.4%-1.0%5.7K-105.5K-7440.00108.28N/AN/A20088746
2022-12-23$14.50$17.5067.6%19.4%54.0%4.4%0.0%-6.9%-11.8%3.2K-62.0K-5510.0098.83N/AN/A51090346
2022-12-27$14.41$17.5071.7%20.6%54.0%5.8%104.5%-30.7%21.5%3.8K-135.5K-7280.2590.91N/AN/A4195346
2022-12-28$14.18$17.5058.3%16.7%54.0%1.2%102.7%-25.2%21.0%3.7K-106.1K-5190.0190.22N/AN/A238295647
2022-12-29$14.86$17.5069.9%20.0%56.8%5.1%132.3%-42.3%21.2%12.7K-363.8K-1.4K0.2092.44N/AN/A127261,17049
2022-12-30$14.71$17.5053.0%15.2%56.1%0.0%181.5%50.9%49.5%13.1K-414.1K-1.6K0.0297.78N/AN/A4611,29975