RLAY Options History — April 2024

In April 2024, RLAY traded between $5.94 and $8.00. ATM implied volatility averaged 111.6%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 32.0%. IV traded above realized volatility by 48.2% (HV 20d: 63.4%). Max pain ranged from $5.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.32.

Notable Days

  • 2024-04-17: Highest Volume — 91 contracts
  • 2024-04-17: Largest IV spike — 105.9% change
  • 2024-04-18: Highest IV Rank — 100.0%
  • 2024-04-18: Largest Expected Move — 84.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.73$5.94$8.00$8.00$6.58
Max Pain$9.32$5.00$10.00$5.00$10.00
ATM IV111.6%57.0%294.9%70.4%65.5%
Expected Move32.0%16.4%84.5%20.2%18.8%
HV 20d63.4%55.2%72.1%69.9%58.3%
HV 60d62.8%60.7%66.4%60.7%66.4%
IV Rank28.3%5.6%100.0%11.7%8.4%
IV Percentile64.4%7.1%100.0%42.9%27.8%
Term Structure-41.7%-294.0%23.1%2.9%-8.8%
VWIV127.1%57.4%434.4%57.4%138.4%
Skew 25d27.1%-45.6%172.8%67.5%34.4%
Skew 10d40.9%-75.8%234.2%203.6%12.6%
Call IV 25d85.9%58.2%249.9%58.2%79.1%
Put IV 25d112.9%58.5%257.3%125.6%113.5%
Bid-Ask Spread %112.72100.25125.59104.78102.91
Gamma HHI0.330.260.420.340.40
Net GEX1.1K6181.7K1.2K1.4K
Net DEX28.5K-30.6K58.3K-30.6K27.9K
Net VEX-553-747-394-747-534
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.002.500.140.60
Total Volume20.95509188
Total OI790.727687894687865

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$8.00$5.0070.4%20.2%69.9%11.7%0.0%67.5%2.9%1.2K-30.6K-7470.14104.78N/AN/A71492195
2024-04-02$7.54$5.0067.3%19.3%71.6%10.3%0.0%45.3%4.2%1.0K-3.9K-6462.50100.25N/AN/A25498196
2024-04-03$7.25$5.0057.0%16.4%72.1%5.6%57.4%172.8%13.7%93519.9K-5900.03124.56N/AN/A321498201
2024-04-04$7.00$10.0070.8%22.0%69.4%11.9%76.7%6.4%-5.9%1.1K17.9K-5831.11124.18N/AN/A910529201
2024-04-05$7.01$10.0076.6%20.7%69.6%14.5%72.2%19.8%14.7%94317.0K-5960.00125.59N/AN/A340522211
2024-04-08$7.12$10.0080.2%21.5%70.0%16.1%0.0%9.9%7.6%1.1K25.7K-6010.00123.12N/AN/A400536211
2024-04-09$7.28$10.0076.8%22.2%67.5%14.6%0.0%-13.8%-0.2%1.3K28.1K-6330.00116.31N/AN/A00551211
2024-04-10$6.89$10.0079.5%22.8%69.1%15.8%79.4%19.2%-2.1%1.2K20.5K-6400.05109.28N/AN/A211551211
2024-04-11$7.08$10.0073.6%21.1%70.5%13.1%0.0%14.5%-2.5%1.4K27.1K-6000.00108.39N/AN/A00572204
2024-04-12$7.04$10.0077.5%22.2%58.4%14.9%0.0%4.4%6.9%1.4K22.5K-6260.00111.33N/AN/A10572204
2024-04-15$6.81$10.0084.8%24.3%59.1%18.2%0.0%-19.7%-8.1%1.0K33.3K-5400.00114.53N/AN/A100573204
2024-04-16$6.79$10.00127.4%36.5%55.2%37.5%163.8%22.8%-15.7%75744.9K-5241.00122.10N/AN/A11583204
2024-04-17$6.22$10.00262.3%75.2%60.6%98.6%76.7%16.4%-189.7%61855.1K-4420.01115.17N/AN/A901584204
2024-04-18$6.12$10.00294.9%84.5%58.8%100.0%0.0%141.5%-193.7%1.1K33.5K-5490.00115.09N/AN/A100673205
2024-04-19$5.95$10.00254.5%73.0%57.9%83.9%434.4%7.4%-294.0%93658.3K-4150.64110.53N/AN/A117683205
2024-04-22$5.95$10.0096.7%27.7%57.5%20.8%0.0%137.4%13.7%92454.2K-4020.00109.68N/AN/A00615194
2024-04-23$5.94$10.00195.8%56.1%57.5%60.4%0.0%-3.2%-261.3%86154.0K-3940.00113.96N/AN/A280615194
2024-04-24$6.33$10.00109.1%31.3%63.5%25.8%95.5%-45.6%-20.4%1.2K43.3K-4790.00106.88N/AN/A210640194
2024-04-25$6.09$10.0071.7%20.6%57.7%10.8%0.0%-15.1%23.1%1.2K38.9K-4680.02106.59N/AN/A511649194
2024-04-26$6.42$10.0094.9%27.2%60.2%20.1%0.0%-19.6%4.4%1.7K13.7K-5920.00110.43N/AN/A450699195
2024-04-29$6.63$10.0068.6%19.7%61.2%9.6%77.0%-6.8%-7.0%1.4K25.9K-5640.00104.20N/AN/A120663195
2024-04-30$6.58$10.0065.5%18.8%58.3%8.4%138.4%34.4%-8.8%1.4K27.9K-5340.60102.91N/AN/A53670195