RLAY Options History — October 2023

In October 2023, RLAY traded between $6.00 and $9.07. ATM implied volatility averaged 134.4%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 38.5%. IV traded above realized volatility by 59.3% (HV 20d: 75.1%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 11.60.

Notable Days

  • 2023-10-04: Highest Volume — 546 contracts
  • 2023-10-26: Largest IV spike — 122.7% change
  • 2023-10-12: Highest IV Rank — 100.0%
  • 2023-10-12: Largest Expected Move — 76.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.44$6.00$9.07$8.07$6.61
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV134.4%82.0%265.4%112.5%102.4%
Expected Move38.5%23.5%76.1%32.2%29.4%
HV 20d75.1%37.2%93.2%37.2%89.8%
HV 60d64.4%56.3%69.4%56.3%68.6%
IV Rank44.4%17.0%100.0%38.1%26.2%
IV Percentile77.9%47.6%100.0%73.0%67.9%
Term Structure-5.9%-166.6%115.3%-52.2%-21.8%
VWIV122.2%46.2%360.3%115.4%106.9%
Skew 25d38.2%-33.2%186.7%-28.1%-7.1%
Skew 10d55.6%-20.5%186.3%32.9%-7.3%
Call IV 25d101.0%71.0%144.7%144.7%113.0%
Put IV 25d139.2%71.8%278.6%116.6%105.9%
Bid-Ask Spread %104.0079.59131.1386.8296.17
Gamma HHI0.630.420.880.750.81
Net GEX9.4K3.5K18.8K12.1K5.9K
Net DEX-292.9K-907.5K170.8K-349.2K-10.9K
Net VEX-2.3K-3.8K-771-2.5K-966
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.600.00229.00229.000.00
Total Volume80.54505462302
Total OI3,168.6822,4143,8082,4142,584

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$8.07$7.50112.5%32.2%37.2%38.1%115.4%-28.1%-52.2%12.1K-349.2K-2.5K229.0086.82N/AN/A12292,177237
2023-10-03$8.77$7.50113.3%32.5%50.1%38.5%97.4%18.5%0.3%13.0K-592.5K-3.2K0.0090.43N/AN/A902,178466
2023-10-04$8.61$7.50131.9%37.8%48.7%49.0%150.3%71.6%-14.6%13.2K-621.8K-3.3K0.8479.59N/AN/A2972492,191466
2023-10-05$9.07$7.50127.1%26.8%53.1%46.3%0.0%80.1%-10.8%15.3K-653.4K-3.6K0.45101.14N/AN/A141632,435715
2023-10-06$8.29$7.50132.5%56.7%59.8%49.3%0.0%113.8%-50.7%11.4K-501.7K-3.4K0.1585.77N/AN/A150222,572778
2023-10-09$8.46$7.50175.5%28.5%60.2%73.4%0.0%-22.7%-15.8%14.0K-568.4K-3.5K0.00116.66N/AN/A16802,765800
2023-10-10$8.94$7.50153.6%56.6%64.2%61.1%106.6%51.6%-166.6%17.7K-907.5K-3.8K1.19127.95N/AN/A32382,928800
2023-10-11$8.89$7.50163.4%46.8%63.5%66.6%0.0%186.7%-77.1%18.8K-759.0K-3.5K0.04131.13N/AN/A5322,927837
2023-10-12$7.99$7.50265.4%76.1%73.1%100.0%360.3%166.9%14.7%9.8K-631.8K-2.8K0.2999.84N/AN/A38112,926838
2023-10-13$7.76$7.50100.4%28.8%72.6%25.3%0.0%2.3%-20.6%13.9K-312.9K-2.6K5.2098.30N/AN/A10522,926838
2023-10-16$6.88$7.50149.9%43.0%82.4%47.7%81.6%11.0%18.5%5.8K-164.4K-2.4K0.22110.96N/AN/A922,936847
2023-10-17$7.46$7.50108.4%31.1%87.4%28.9%0.0%53.3%-15.7%5.3K-130.9K-2.3K0.0095.70N/AN/A3202,945850
2023-10-18$7.05$7.50104.7%30.0%88.1%27.2%99.3%-21.9%-20.3%6.3K23.7K-1.8K0.02104.67N/AN/A6212,929846
2023-10-19$6.79$7.50107.8%30.9%88.6%28.6%93.7%18.3%29.9%8.0K170.8K-1.7K0.00110.84N/AN/A1002,962846
2023-10-20$6.72$7.50221.2%63.4%88.5%80.0%0.0%-33.2%115.3%5.8K-113.0K-2.2K5.00124.80N/AN/A152,963843
2023-10-23$6.49$7.5082.0%23.5%88.8%17.0%86.0%-24.8%22.3%6.2K-109.0K-1.4K0.46101.34N/AN/A26122,271262
2023-10-24$6.26$7.5095.7%27.4%89.2%23.2%0.0%130.0%95.9%4.7K-133.4K-1.3K0.0098.28N/AN/A202,288269
2023-10-25$6.00$7.5091.1%26.1%89.7%21.1%0.0%16.4%21.0%3.5K34.0K-8380.20105.92N/AN/A512,290269
2023-10-26$6.29$7.50203.0%58.2%92.2%71.7%46.2%47.3%41.3%6.5K-155.3K-1.6K0.50114.23N/AN/A20102,295262
2023-10-27$6.05$7.50116.4%33.4%92.0%32.5%0.0%12.2%-20.6%4.4K21.2K-7710.00103.51N/AN/A002,315262
2023-10-30$6.26$7.5099.8%28.6%93.2%25.0%106.9%-2.2%-3.0%4.3K22.5K-8490.00103.97N/AN/A702,315262
2023-10-31$6.61$7.50102.4%29.4%89.8%26.2%0.0%-7.1%-21.8%5.9K-10.9K-9660.0096.17N/AN/A202,322262