RLAY Options History — January 2024

In January 2024, RLAY traded between $9.27 and $12.11. ATM implied volatility averaged 73.7%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 26.5% (HV 20d: 47.3%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 11.17.

Notable Days

  • 2024-01-23: Highest Volume — 222 contracts
  • 2024-01-12: Largest IV spike — 48.0% change
  • 2024-01-12: Highest IV Rank — 34.1%
  • 2024-01-12: Largest Expected Move — 34.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.68$9.27$12.11$11.80$9.27
Max Pain$10.12$10.00$12.50$10.00$10.00
ATM IV73.7%52.8%119.9%62.0%89.5%
Expected Move22.0%15.1%34.4%17.8%25.6%
HV 20d47.3%38.5%52.7%47.2%38.5%
HV 60d64.6%57.2%75.2%75.2%57.2%
IV Rank13.2%3.7%34.1%7.9%20.3%
IV Percentile36.1%2.4%84.1%13.9%64.7%
Term Structure4.7%-73.1%48.1%8.4%19.2%
VWIV78.2%55.6%115.5%61.5%62.2%
Skew 25d21.4%-19.7%163.6%11.8%-19.7%
Skew 10d20.8%-38.7%238.9%21.9%-30.9%
Call IV 25d69.8%45.1%89.5%56.6%82.5%
Put IV 25d91.2%61.0%230.6%68.4%62.8%
Bid-Ask Spread %99.6282.65111.1287.23107.46
Gamma HHI0.470.300.830.390.82
Net GEX493-12.7K5.2K3.5K-11.5K
Net DEX-115.3K-308.2K319.1K-199.0K319.1K
Net VEX-797-1.1K-615-629-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.170.00200.000.000.58
Total Volume41.85702224238
Total OI887.9054271,1448741,144

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$11.80$10.0062.0%17.8%47.2%7.9%61.5%11.8%8.4%3.5K-199.0K-6290.0087.23N/AN/A420724150
2024-01-03$11.46$10.0089.3%25.6%46.3%20.3%115.5%-16.9%-4.1%3.8K-193.8K-6790.00100.94N/AN/A490769150
2024-01-04$11.75$12.5070.3%19.5%46.3%11.7%71.5%12.0%7.6%4.3K-238.4K-7970.0492.40N/AN/A271809150
2024-01-05$11.61$10.0060.6%19.3%43.8%7.3%0.0%-0.7%3.4%4.6K-253.5K-8350.0097.15N/AN/A90830151
2024-01-08$12.11$10.0053.9%26.3%44.8%4.2%0.0%7.5%-4.4%3.5K-308.2K-7510.29101.88N/AN/A247836151
2024-01-09$11.84$10.0076.1%28.4%46.6%14.3%0.0%27.5%-39.6%5.2K-290.2K-8500.00100.01N/AN/A200844144
2024-01-10$11.42$10.0079.5%22.8%49.6%15.8%0.0%64.5%34.1%3.9K-249.5K-8270.00104.05N/AN/A210851144
2024-01-11$11.44$10.0081.0%23.2%49.5%16.5%0.0%2.7%-2.7%4.8K-243.0K-7530.00110.87N/AN/A10832144
2024-01-12$11.09$10.00119.9%34.4%48.3%34.1%112.3%38.6%-73.1%3.8K-216.7K-6610.16109.63N/AN/A193833144
2024-01-16$10.82$10.0065.5%18.8%49.3%9.5%0.0%12.8%19.5%3.8K-177.9K-6150.00110.73N/AN/A350825147
2024-01-17$10.27$10.0074.8%21.4%52.7%13.7%88.8%4.8%35.9%3.9K-147.6K-6860.50108.58N/AN/A42860147
2024-01-18$10.29$10.00101.7%29.1%52.6%25.9%0.0%-2.1%-33.7%3.7K-122.0K-6600.00102.43N/AN/A20864147
2024-01-19$10.07$10.0075.4%21.6%48.8%14.0%81.1%-6.1%48.1%4.7K-157.7K-6510.5599.04N/AN/A3821864147
2024-01-22$10.32$10.0090.6%26.0%49.6%20.8%95.5%41.5%-35.2%3.3K-165.1K-6940.2592.20N/AN/A4138245
2024-01-23$9.98$10.0060.2%17.3%50.6%7.1%59.4%12.3%32.6%3.2K-144.4K-6617.2293.76N/AN/A2719538245
2024-01-24$9.88$10.0052.8%15.1%46.9%3.7%55.6%6.1%14.0%-3.0K-35.2K-8392.6896.30N/AN/A2259364239
2024-01-25$9.75$10.0069.3%19.9%45.1%11.2%0.0%0.4%38.4%-4.4K25.2K-9570.0082.65N/AN/A00383357
2024-01-26$9.73$10.0057.4%16.4%44.7%5.8%57.3%93.7%17.2%-7.1K48.2K-9820.0087.66N/AN/A01383396
2024-01-29$9.86$10.0056.9%16.3%45.2%5.6%0.0%163.6%4.6%-12.7K166.5K-1.0K0.00111.12N/AN/A60383544
2024-01-30$9.54$10.0062.0%17.8%46.0%7.9%62.2%-4.3%8.3%-11.1K162.6K-1.1K200.0095.85N/AN/A1200398544
2024-01-31$9.27$10.0089.5%25.6%38.5%20.3%0.0%-19.7%19.2%-11.5K319.1K-1.1K0.58107.46N/AN/A2414399745