RLAY Options History — August 2023

In August 2023, RLAY traded between $9.99 and $11.89. ATM implied volatility averaged 65.1%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 18.7%. IV traded below realized volatility by 0.3% (HV 20d: 65.4%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 3.11.

Notable Days

  • 2023-08-24: Highest Volume — 376 contracts
  • 2023-08-31: Largest IV spike — 61.0% change
  • 2023-08-31: Highest IV Rank — 15.2%
  • 2023-08-31: Largest Expected Move — 20.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.76$9.99$11.89$11.89$10.34
Max Pain$13.04$10.00$15.00$12.50$10.00
ATM IV65.1%44.6%71.8%66.6%71.8%
Expected Move18.7%12.8%20.6%19.1%20.6%
HV 20d65.4%59.4%73.2%69.0%64.0%
HV 60d60.2%55.7%62.4%55.7%61.6%
IV Rank8.2%0.0%15.2%8.7%15.2%
IV Percentile14.9%0.0%31.3%13.5%31.3%
Term Structure6.7%-20.7%78.2%3.2%-0.7%
VWIV64.2%49.1%73.8%68.8%49.1%
Skew 25d28.4%-1.6%154.1%11.4%154.1%
Skew 10d57.9%-17.4%285.1%24.0%285.1%
Call IV 25d60.1%41.0%69.2%57.0%49.2%
Put IV 25d88.6%50.8%204.9%68.4%203.3%
Bid-Ask Spread %94.7380.65106.4893.01102.73
Gamma HHI0.460.210.630.500.59
Net GEX7.3K2.4K11.3K11.3K9.2K
Net DEX-141.7K-460.9K275.6K-98.2K-378.8K
Net VEX-3.6K-4.2K-3.2K-4.2K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.110.0024.000.730.00
Total Volume57.131376262
Total OI3,265.7832,6583,5213,4253,119

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$11.89$12.5066.6%19.1%69.0%8.7%0.0%11.4%3.2%11.3K-98.2K-4.2K0.7393.01N/AN/A15112,3221,103
2023-08-02$11.43$12.5068.0%19.5%70.1%9.5%68.8%5.2%-1.5%9.2K-39.2K-4.0K0.0084.64N/AN/A4102,3371,051
2023-08-03$11.11$15.0069.0%19.1%60.1%10.1%66.6%-0.3%3.4%8.1K60.9K-3.7K0.6380.65N/AN/A16102,3661,041
2023-08-04$11.25$15.0065.2%18.8%59.4%7.9%0.0%-0.8%-5.0%9.4K40.3K-3.7K24.0088.95N/AN/A1242,3801,041
2023-08-07$10.28$15.0066.8%20.5%64.6%8.8%73.8%16.6%17.8%3.7K275.6K-3.2K0.4888.80N/AN/A21102,3801,065
2023-08-08$11.25$15.0069.8%19.8%73.2%10.6%65.8%1.3%-2.6%9.8K-167.7K-3.7K0.2683.94N/AN/A1952,396890
2023-08-09$11.09$15.0062.3%17.9%69.5%6.2%67.9%22.3%5.0%7.5K-68.4K-3.5K0.0096.05N/AN/A23012,397891
2023-08-10$10.90$15.0065.6%18.8%69.4%8.1%64.9%3.7%4.6%7.8K-124.8K-3.9K0.3590.34N/AN/A1762,604892
2023-08-11$10.77$15.0065.2%18.7%68.7%7.9%63.8%9.3%5.6%6.4K-79.2K-3.8K0.6089.84N/AN/A532,605897
2023-08-14$11.13$15.0066.1%19.0%66.0%8.4%67.0%5.2%1.6%4.5K-131.2K-3.8K0.2794.82N/AN/A3392,608899
2023-08-15$10.55$15.0066.0%18.9%63.2%8.4%65.9%5.0%3.9%3.2K-20.7K-3.6K0.2194.53N/AN/A3472,612900
2023-08-16$10.59$15.0064.2%18.4%62.6%7.3%0.0%-0.5%5.0%3.3K-50.6K-3.5K0.0090.13N/AN/A012,642879
2023-08-17$10.39$12.5063.6%18.2%62.6%6.9%63.9%-1.6%78.2%2.8K-40.8K-3.4K20.0095.68N/AN/A1202,642846
2023-08-18$10.64$12.5066.8%19.1%62.6%8.8%68.3%5.1%-20.7%2.5K-118.5K-3.6K0.1595.41N/AN/A2642,643846
2023-08-21$10.69$12.5069.8%20.0%62.5%10.6%68.0%7.3%-1.4%2.4K-173.5K-3.6K0.0097.62N/AN/A25501,816842
2023-08-22$10.50$12.5068.0%19.5%62.6%9.5%59.9%30.2%-2.9%8.4K-210.1K-3.7K0.39106.48N/AN/A28112,070842
2023-08-23$10.78$12.5065.2%18.7%63.7%7.9%64.8%2.7%6.5%8.8K-308.9K-3.8K0.0894.45N/AN/A1212,088846
2023-08-24$9.99$12.5056.5%16.2%68.1%2.8%51.9%149.7%23.1%10.1K-39.9K-3.3K16.90102.31N/AN/A213552,100845
2023-08-25$10.21$10.0058.8%16.9%67.0%4.1%63.0%109.7%8.8%10.1K-321.8K-3.5K0.13103.22N/AN/A812,099981
2023-08-28$10.41$10.0069.1%19.8%66.3%10.2%58.4%18.9%-1.4%8.7K-367.6K-3.5K0.00100.14N/AN/A2002,100982
2023-08-29$10.64$10.0068.4%19.6%65.0%9.7%68.3%91.5%-4.4%10.4K-434.0K-3.4K0.0498.99N/AN/A2412,110982
2023-08-30$10.68$10.0044.6%12.8%63.8%0.0%49.1%8.1%28.1%9.7K-460.9K-3.4K0.00106.07N/AN/A052,134982
2023-08-31$10.34$10.0071.8%20.6%64.0%15.2%0.0%154.1%-0.7%9.2K-378.8K-3.3K0.00102.73N/AN/A202,134985