RLAY Options History — November 2024

In November 2024, RLAY traded between $4.63 and $6.30. ATM implied volatility averaged 91.7%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 42.4% (HV 20d: 49.3%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 2.88.

Notable Days

  • 2024-11-15: Highest Volume — 7,195 contracts
  • 2024-11-12: Largest IV spike — 340.7% change
  • 2024-11-12: Highest IV Rank — 100.0%
  • 2024-11-01: Largest Expected Move — 33.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.39$4.63$6.30$5.88$4.70
Max Pain$6.25$5.00$7.50$5.00$5.00
ATM IV91.7%44.4%365.9%115.2%44.4%
Expected Move19.3%12.7%33.0%33.0%12.7%
HV 20d49.3%40.3%57.6%41.5%56.9%
HV 60d102.5%101.1%103.4%102.7%102.5%
IV Rank16.1%0.0%100.0%27.2%0.0%
IV Percentile34.0%0.0%100.0%77.8%0.0%
Term Structure18.8%-115.9%329.1%-115.9%37.4%
VWIV65.7%40.5%102.7%54.9%40.5%
Skew 25d4.9%-28.1%29.1%-28.1%22.9%
Skew 10d18.4%-32.5%85.0%-32.5%8.6%
Call IV 25d67.2%45.3%114.5%114.5%52.6%
Put IV 25d72.0%58.2%86.3%86.3%75.6%
Bid-Ask Spread %117.1878.81130.68124.34129.32
Gamma HHI0.970.911.000.931.00
Net GEX-382.8K-648.4K-202.8K-251.8K-648.4K
Net DEX7.4M2.8M13.9M3.8M13.9M
Net VEX-22.3K-26.7K-16.4K-22.1K-20.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.880.0052.691.310.00
Total Volume523.767,19530444
Total OI45,939.9542,35750,94542,35750,945

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$5.88$5.00115.2%33.0%41.5%27.2%54.9%-28.1%-115.9%-251.8K3.8M-22.1K1.31124.34N/AN/A13173,97538,382
2024-11-04$5.91$7.50102.2%18.4%40.3%22.1%102.7%26.1%5.7%-232.3K4.3M-23.4K0.17120.41N/AN/A197343,98838,384
2024-11-05$5.96$7.50181.7%17.1%40.5%53.6%62.0%13.1%9.7%-288.0K4.0M-21.0K0.02115.89N/AN/A4413,98138,415
2024-11-06$6.30$7.5055.4%25.9%44.8%3.5%90.2%-10.0%15.7%-264.2K3.5M-19.6K0.15121.53N/AN/A4674,03038,416
2024-11-07$6.17$7.50101.0%25.8%45.2%21.6%98.6%8.5%-45.4%-227.6K3.2M-19.0K0.00128.11N/AN/A7704,06238,417
2024-11-08$6.12$7.50135.9%19.4%41.3%35.4%78.6%-12.4%-2.5%-235.1K3.4M-20.4K0.00102.02N/AN/A15304,06438,416
2024-11-11$6.20$7.5083.0%18.5%41.7%14.5%47.1%29.1%4.1%-224.2K2.8M-16.4K0.00119.87N/AN/A16904,05838,416
2024-11-12$5.94$7.50365.9%28.9%43.8%100.0%80.4%-21.6%-79.1%-202.8K5.2M-24.1K0.00130.68N/AN/A604,16838,416
2024-11-13$5.82$7.5059.4%17.0%43.7%4.0%57.5%-8.6%13.7%-279.5K3.7M-19.0K0.00129.16N/AN/A2404,16838,416
2024-11-14$5.64$7.5049.4%14.2%44.4%0.9%46.8%12.0%329.1%-320.7K4.0M-19.1K0.00129.65N/AN/A3704,19938,416
2024-11-15$5.03$7.5058.3%16.7%57.6%3.7%58.3%17.4%154.1%-411.3K8.2M-23.9K52.69106.25N/AN/A1347,0614,18338,416
2024-11-18$4.92$5.0055.2%15.8%56.6%2.7%55.2%-1.8%-3.5%-539.4K10.2M-26.7K0.22106.62N/AN/A128283,71745,392
2024-11-19$4.79$5.0047.2%13.5%54.8%0.2%46.8%24.4%17.3%-617.0K12.6M-24.9K2.52113.25N/AN/A33833,80745,394
2024-11-20$4.63$5.0066.7%19.1%53.8%6.3%66.7%2.3%2.4%-432.3K11.4M-23.8K0.02108.02N/AN/A1,007243,83045,404
2024-11-21$4.63$5.0047.5%13.6%53.4%0.3%54.7%-0.1%11.4%-514.0K12.5M-23.3K0.46115.57N/AN/A173804,83545,415
2024-11-22$4.76$5.0065.2%18.7%55.4%5.9%65.6%4.1%16.7%-470.4K10.0M-25.9K0.01116.15N/AN/A14015,00745,495
2024-11-25$4.89$5.0067.2%19.3%57.0%6.5%67.2%8.8%4.7%-493.8K9.7M-24.9K0.0478.81N/AN/A15365,04245,494
2024-11-26$4.76$5.0075.0%21.5%56.5%8.9%75.4%5.0%-11.1%-435.7K9.3M-24.1K0.02118.97N/AN/A5715,29645,494
2024-11-27$4.79$5.0059.1%17.0%56.8%3.9%0.0%6.1%11.2%-568.7K11.4M-23.9K0.02128.89N/AN/A9425,35145,495
2024-11-29$4.70$5.0044.4%12.7%56.9%0.0%40.5%22.9%37.4%-648.4K13.9M-20.4K0.00129.32N/AN/A44405,44845,497