RLAY Options History — May 2024

In May 2024, RLAY traded between $6.19 and $7.54. ATM implied volatility averaged 136.5%, placing in the 36.7% IV rank vs the trailing year. The 30-day expected move averaged 27.2%. IV traded above realized volatility by 75.3% (HV 20d: 61.2%). 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 16 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2024-05-22: Highest Volume — 142 contracts
  • 2024-05-14: Largest IV spike — 180.2% change
  • 2024-05-14: Highest IV Rank — 96.3%
  • 2024-05-21: Largest Expected Move — 70.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.72$6.19$7.54$6.74$6.37
Max Pain$9.55$5.00$10.00$10.00$5.00
ATM IV136.5%58.0%285.6%79.0%80.4%
Expected Move27.2%11.5%70.0%22.7%23.1%
HV 20d61.2%55.0%69.0%58.0%66.1%
HV 60d64.1%59.7%66.8%66.3%65.6%
IV Rank36.7%5.4%96.3%13.8%14.3%
IV Percentile75.2%8.7%99.6%63.9%61.9%
Term Structure15.8%-276.2%222.8%-2.1%-10.6%
VWIV131.4%33.5%474.1%226.0%303.9%
Skew 25d13.8%-35.9%163.7%41.2%0.6%
Skew 10d11.6%-64.5%80.3%11.3%80.3%
Call IV 25d64.3%40.7%97.2%79.6%71.6%
Put IV 25d78.1%46.4%226.5%120.8%72.2%
Bid-Ask Spread %119.7795.02133.26103.45124.15
Gamma HHI0.390.350.430.350.40
Net GEX2.6K1.5K3.9K1.7K3.3K
Net DEX-61.5K-204.4K45.4K8.8K-167.7K
Net VEX-842-1.3K-451-646-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.009.170.001.00
Total Volume37.6820142922
Total OI1,092.3189101,2559101,197

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$6.74$10.0079.0%22.7%58.0%13.8%226.0%41.2%-2.1%1.7K8.8K-6460.00103.45N/AN/A920712198
2024-05-02$7.11$10.0069.0%19.8%60.1%9.8%474.1%49.2%3.3%2.2K-12.6K-7040.0095.32N/AN/A120764198
2024-05-03$7.07$10.0079.9%22.9%60.1%14.1%80.6%-18.3%16.8%2.3K-7.9K-6910.00102.95N/AN/A180764198
2024-05-06$7.09$10.0082.5%18.3%59.9%15.2%49.5%19.3%33.4%2.3K-18.2K-7430.03129.34N/AN/A361783198
2024-05-07$6.71$10.00152.5%15.0%62.3%43.1%0.0%11.9%23.8%2.0K12.1K-5860.00128.64N/AN/A01819199
2024-05-08$6.51$10.00163.9%12.9%60.2%47.7%0.0%-16.9%26.8%2.0K10.4K-6090.00132.42N/AN/A00819200
2024-05-09$6.33$10.00256.3%15.7%59.7%84.6%0.0%-14.6%9.0%1.5K45.4K-4510.00123.92N/AN/A00819200
2024-05-10$6.41$10.00247.4%18.5%60.1%81.0%61.6%-14.0%12.0%1.5K43.1K-4720.00120.28N/AN/A160819200
2024-05-13$6.41$10.00101.9%14.8%59.1%22.9%259.5%11.9%33.9%1.7K32.1K-5130.00131.07N/AN/A1150835200
2024-05-14$6.36$10.00285.6%11.5%59.1%96.3%33.5%6.3%29.0%2.1K9.3K-6290.00119.39N/AN/A190949200
2024-05-15$6.79$10.0058.0%16.6%55.0%5.4%58.6%-10.5%6.5%2.3K-34-6990.0095.02N/AN/A100955200
2024-05-16$6.54$10.0093.8%26.9%56.5%19.7%73.7%4.0%218.4%2.5K-11.2K-7430.00114.87N/AN/A130965200
2024-05-17$6.63$10.0070.2%20.1%55.4%10.2%52.3%2.1%222.8%2.4K-16.6K-7630.08115.82N/AN/A121977200
2024-05-20$6.78$10.00111.0%31.8%55.7%26.5%54.5%24.1%108.1%2.8K-146.3K-9890.00131.75N/AN/A70861151
2024-05-21$7.54$10.00244.2%70.0%65.8%79.7%151.3%163.7%-77.8%3.9K-204.4K-1.2K0.00121.38N/AN/A1000868151
2024-05-22$7.42$10.0087.8%25.2%63.6%17.3%57.1%14.0%97.9%3.5K-159.2K-1.1K0.00111.12N/AN/A1420929152
2024-05-23$7.04$10.00109.2%31.3%65.1%25.8%68.5%36.6%17.1%3.6K-156.4K-1.2K0.00133.26N/AN/A12601,058152
2024-05-24$6.84$10.00108.8%31.2%64.0%25.6%0.0%34.1%0.6%3.9K-179.5K-1.3K0.00126.07N/AN/A1801,103152
2024-05-28$6.75$10.0078.0%22.4%63.2%13.4%147.5%-11.2%-29.9%3.6K-124.5K-1.1K0.06121.59N/AN/A1611,097152
2024-05-29$6.25$10.00210.9%60.5%69.0%66.4%0.0%-35.9%-276.2%3.0K-129.7K-1.1K9.17120.64N/AN/A6551,085153
2024-05-30$6.19$5.00233.0%66.8%68.3%75.3%80.8%6.2%-114.9%3.5K-179.1K-1.1K0.00132.59N/AN/A1001,091108
2024-05-31$6.37$5.0080.4%23.1%66.1%14.3%303.9%0.6%-10.6%3.3K-167.7K-1.1K1.00124.15N/AN/A111,094103