RLAY Options History — February 2024

In February 2024, RLAY traded between $8.73 and $10.75. ATM implied volatility averaged 76.1%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 21.9%. IV traded above realized volatility by 22.8% (HV 20d: 53.4%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.28.

Notable Days

  • 2024-02-01: Highest Volume — 100 contracts
  • 2024-02-15: Largest IV spike — 69.3% change
  • 2024-02-15: Highest IV Rank — 35.8%
  • 2024-02-15: Largest Expected Move — 35.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.73$8.73$10.75$9.05$10.05
Max Pain$9.00$7.50$10.00$10.00$10.00
ATM IV76.1%61.9%123.5%61.9%63.4%
Expected Move21.9%18.2%35.4%20.5%18.2%
HV 20d53.4%36.0%70.3%38.2%68.7%
HV 60d56.6%55.3%58.9%57.5%55.3%
IV Rank14.3%7.9%35.8%7.9%8.5%
IV Percentile46.0%15.9%84.9%15.9%19.0%
Term Structure-1.4%-60.5%66.4%-3.8%7.6%
VWIV73.5%60.5%85.5%70.6%60.5%
Skew 25d13.2%-21.2%168.1%-13.5%168.1%
Skew 10d28.8%-33.5%279.1%18.9%279.1%
Call IV 25d65.3%48.0%76.6%75.9%56.8%
Put IV 25d78.4%49.1%224.9%62.4%224.9%
Bid-Ask Spread %101.1490.03120.9992.57120.99
Gamma HHI0.630.390.920.830.42
Net GEX-6.3K-37.3K5.3K-12.6K5.3K
Net DEX134.1K-195.4K565.6K362.3K-150.6K
Net VEX-1.0K-1.2K-776-1.0K-968
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.002.000.000.50
Total Volume23.901001003
Total OI1,039.36131,3431,167724

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$9.05$10.0061.9%20.5%38.2%7.9%0.0%-13.5%-3.8%-12.6K362.3K-1.0K0.0092.57N/AN/A0100410757
2024-02-02$9.05$10.0067.7%20.9%36.0%10.5%0.0%-12.0%-2.5%-13.4K415.3K-1.2K0.0090.03N/AN/A60410857
2024-02-05$8.73$10.0080.5%19.4%36.9%16.3%0.0%-3.9%66.4%-9.9K494.6K-9860.0096.98N/AN/A00404857
2024-02-06$9.14$10.0069.2%20.4%37.7%11.2%0.0%-9.6%-5.8%-14.6K423.9K-1.1K0.0090.81N/AN/A10404857
2024-02-07$8.84$10.0074.1%21.2%38.2%13.4%70.6%2.1%-11.5%-9.9K400.6K-1.1K2.0094.60N/AN/A48406857
2024-02-08$8.86$10.0073.7%21.1%37.7%13.2%0.0%1.2%-6.3%-9.6K407.8K-1.1K0.00100.97N/AN/A20405859
2024-02-09$9.09$10.0071.6%20.5%39.8%12.3%0.0%2.9%-2.4%-14.9K472.9K-1.0K0.0094.08N/AN/A90406859
2024-02-12$9.50$10.0067.6%19.4%43.7%10.4%0.0%-3.3%3.9%-22.6K410.5K-1.1K0.0093.79N/AN/A00415859
2024-02-13$9.00$7.5088.8%25.5%46.4%20.0%68.6%17.3%-24.2%2.1K565.6K-7760.06104.86N/AN/A483429859
2024-02-14$9.75$7.5073.0%20.9%53.4%12.9%0.0%0.5%-5.9%-37.3K306.1K-1.1K0.9093.73N/AN/A109465862
2024-02-15$10.70$7.50123.5%35.4%63.2%35.8%82.5%37.9%21.9%-22.9K-76.7K-1.1K0.1392.44N/AN/A81469869
2024-02-16$10.75$7.5083.2%23.8%62.6%17.5%82.0%15.0%-9.6%3.3K-192.8K-1.0K0.00104.92N/AN/A210475868
2024-02-20$10.68$7.5078.7%22.6%62.2%15.5%60.6%15.1%8.4%3.6K-192.7K-9610.00109.01N/AN/A520448165
2024-02-21$10.44$7.5078.7%22.6%61.5%15.5%80.8%-5.5%-3.8%4.3K-180.5K-9700.50102.09N/AN/A21495165
2024-02-22$10.64$7.5071.5%20.5%61.6%12.2%72.5%-21.2%-60.5%4.3K-195.4K-1.0K0.00100.36N/AN/A270495166
2024-02-23$9.77$7.5064.3%18.4%69.1%8.9%63.8%2.1%11.5%4.3K-111.9K-8770.26112.00N/AN/A3910501166
2024-02-26$10.13$10.0075.2%21.6%70.3%13.9%74.0%22.8%-10.4%4.5K-151.7K-9770.00108.15N/AN/A880524176
2024-02-27$10.30$10.0074.2%21.3%70.3%13.4%85.5%10.8%-2.1%4.9K-166.9K-1.0K0.09109.95N/AN/A111545176
2024-02-28$10.09$10.0081.5%23.4%69.6%16.7%81.1%37.0%0.2%4.6K-159.0K-1.0K0.40110.53N/AN/A104545177
2024-02-29$10.05$10.0063.4%18.2%68.7%8.5%60.5%168.1%7.6%5.3K-150.6K-9680.50120.99N/AN/A21547177