RLAY Options History — September 2024

In September 2024, RLAY traded between $6.37 and $9.48. ATM implied volatility averaged 88.8%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 24.4%. IV traded below realized volatility by 53.8% (HV 20d: 142.6%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.68.

Notable Days

  • 2024-09-11: Highest Volume — 7,557 contracts
  • 2024-09-20: Largest IV spike — 80.8% change
  • 2024-09-09: Highest IV Rank — 35.3%
  • 2024-09-03: Largest Expected Move — 36.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.48$6.37$9.48$6.55$7.03
Max Pain$7.13$5.00$7.50$7.50$7.50
ATM IV88.8%52.3%137.8%128.4%60.7%
Expected Move24.4%15.0%36.8%36.8%17.4%
HV 20d142.6%57.5%166.7%63.2%165.5%
HV 60d103.0%70.9%112.4%73.3%112.4%
IV Rank15.5%0.9%35.3%31.5%3.9%
IV Percentile44.1%1.2%81.0%78.2%7.5%
Term Structure3.2%-111.0%178.2%-94.6%31.9%
VWIV84.7%50.0%113.3%71.1%113.3%
Skew 25d-7.2%-51.4%57.0%-9.1%-24.0%
Skew 10d3.0%-54.9%95.2%95.2%-54.9%
Call IV 25d98.1%56.3%174.5%130.7%84.7%
Put IV 25d90.9%50.2%178.3%121.5%60.7%
Bid-Ask Spread %98.7439.40141.59141.59117.43
Gamma HHI0.580.330.970.330.46
Net GEX106.0K-1.0K794.9K2.5K15.9K
Net DEX-1.5M-5.2M-402-114.2K-466.8K
Net VEX-3.0K-6.0K-860-945-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.005.180.040.00
Total Volume1,135.657,5572749
Total OI6,970.71,09615,2051,0963,909

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$6.55$7.50128.4%36.8%63.2%31.5%0.0%-9.1%-94.6%2.5K-114.2K-9450.04141.59N/AN/A261861235
2024-09-04$6.37$7.50117.8%33.8%63.6%27.3%0.0%-51.4%-111.0%3.2K-183.4K-9370.00122.59N/AN/A70887236
2024-09-05$6.49$5.0095.3%22.8%57.5%18.2%0.0%57.0%7.8%2.8K-98.9K-8600.00140.49N/AN/A50889236
2024-09-06$6.37$5.0077.3%20.1%57.5%11.0%71.1%23.3%10.5%2.4K-89.6K-8760.00112.83N/AN/A7002893236
2024-09-09$9.48$5.00137.8%32.2%153.2%35.3%110.9%-14.1%-17.4%10.9K-991.7K-1.9K0.5239.40N/AN/A3,4051,7791,593236
2024-09-10$9.02$7.50128.0%29.6%154.5%31.4%102.2%0.6%-15.1%14.3K-999.6K-3.9K1.2880.50N/AN/A9241,1823,2481,874
2024-09-11$7.83$7.5090.9%26.1%164.3%16.4%92.9%-17.8%-1.6%-1.0K-402-3.5K0.2173.96N/AN/A6,2481,3093,6882,325
2024-09-12$7.61$7.5092.5%26.5%164.6%17.0%92.7%-17.0%-3.6%111.0K-2.5M-5.6K0.0576.97N/AN/A2,0571029,4052,038
2024-09-13$7.46$7.5093.7%26.9%164.9%17.6%90.2%-17.8%-7.3%188.0K-2.8M-6.0K0.1480.30N/AN/A2,53936611,3922,024
2024-09-16$8.13$7.5088.9%25.5%166.7%15.6%88.8%-11.3%-15.5%164.6K-5.2M-5.0K1.8291.12N/AN/A386913,1332,057
2024-09-17$7.63$7.5070.2%20.1%165.0%8.1%50.0%-41.7%-6.8%225.2K-3.3M-4.8K1.6686.37N/AN/A18430613,0742,091
2024-09-18$7.59$7.5052.3%15.0%165.0%0.9%57.6%-4.7%24.7%275.5K-3.1M-4.0K5.18123.83N/AN/A115713,1722,033
2024-09-19$7.83$7.5069.5%19.9%165.0%7.8%71.3%33.6%178.2%234.4K-4.4M-3.8K1.18109.93N/AN/A495813,1702,012
2024-09-20$7.50$7.50125.7%36.0%163.5%30.1%92.4%-14.2%78.0%794.9K-2.8M-2.9K1.09121.03N/AN/A13114313,2081,959
2024-09-23$7.41$7.5069.0%19.8%163.1%7.3%70.3%7.5%9.6%12.3K-300.1K-2.1K0.0388.39N/AN/A8832,430684
2024-09-24$7.36$7.5082.2%23.6%163.1%12.6%82.3%-12.4%0.5%13.2K-314.1K-2.1K0.0862.80N/AN/A9982,450687
2024-09-25$7.08$7.5072.6%20.8%163.6%8.7%93.6%-12.8%-2.9%12.2K-262.4K-2.0K0.02104.87N/AN/A737122,538687
2024-09-26$7.46$7.5067.0%19.2%164.1%6.4%82.0%13.2%-6.6%19.5K-596.7K-3.1K0.00104.36N/AN/A1203,213699
2024-09-27$7.45$7.5056.5%16.2%164.0%2.2%79.1%-30.3%5.3%19.2K-541.5K-2.9K0.2096.06N/AN/A513,213699
2024-09-30$7.03$7.5060.7%17.4%165.5%3.9%113.3%-24.0%31.9%15.9K-466.8K-2.7K0.00117.43N/AN/A4903,209700