RLAY Options History — December 2024

In December 2024, RLAY traded between $4.10 and $5.01. ATM implied volatility averaged 64.7%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded below realized volatility by 5.3% (HV 20d: 70.0%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.08.

Notable Days

  • 2024-12-02: Highest Volume — 1,763 contracts
  • 2024-12-06: Largest IV spike — 76.5% change
  • 2024-12-18: Highest IV Rank — 18.8%
  • 2024-12-18: Largest Expected Move — 27.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.46$4.10$5.01$4.69$4.10
Max Pain$4.05$2.50$5.00$5.00$5.00
ATM IV64.7%34.7%97.0%38.3%60.2%
Expected Move18.4%9.9%27.8%11.0%17.3%
HV 20d70.0%49.2%79.2%54.8%79.2%
HV 60d60.4%52.5%102.5%102.5%59.6%
IV Rank9.0%0.0%18.8%0.0%7.7%
IV Percentile25.9%0.0%71.4%0.0%12.7%
Term Structure46.4%-69.0%223.9%63.0%43.9%
VWIV69.0%38.2%119.2%38.2%50.8%
Skew 25d-5.2%-99.2%41.5%25.7%-25.4%
Skew 10d-12.0%-126.8%45.4%-126.8%-27.0%
Call IV 25d97.6%52.7%167.7%52.7%72.5%
Put IV 25d92.3%47.1%140.9%78.4%47.1%
Bid-Ask Spread %121.2793.44151.34121.78149.45
Gamma HHI0.920.671.001.000.67
Net GEX-296.6K-978.5K26.9K-743.1K5.8K
Net DEX9.9M-773.3K19.6M15.2M-364.7K
Net VEX-8.7K-18.8K-2.3K-17.1K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.000.480.000.00
Total Volume365.857281,7631,763455
Total OI38,219.0955,40455,73051,3375,495

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$4.69$5.0038.3%11.0%54.8%0.0%38.2%25.7%63.0%-743.1K15.2M-17.1K0.00121.78N/AN/A1,76125,84045,497
2024-12-03$4.44$5.0058.6%16.8%56.5%6.2%47.2%8.8%4.8%-401.3K14.3M-17.2K0.18103.88N/AN/A78147,56645,498
2024-12-04$4.38$5.0034.7%9.9%55.8%0.0%0.0%-3.3%44.9%-211.8K18.6M-5.6K0.00118.86N/AN/A5107,63745,491
2024-12-05$4.28$2.5039.4%17.9%49.2%1.4%78.4%-6.3%-1.2%-152.5K18.4M-4.8K0.06110.56N/AN/A3527,66245,491
2024-12-06$4.61$2.5069.4%18.0%59.3%10.5%79.1%7.8%-2.4%-481.5K10.7M-18.8K0.00119.65N/AN/A89807,67545,486
2024-12-09$4.69$2.5056.5%16.5%60.4%6.6%63.9%26.7%12.4%-625.4K13.8M-16.4K0.32132.20N/AN/A220708,34145,486
2024-12-10$4.44$2.5089.0%17.5%61.2%16.4%72.9%10.9%26.7%-403.6K12.1M-16.1K0.00151.34N/AN/A22708,52245,556
2024-12-11$5.01$2.5058.6%16.8%77.4%7.2%82.3%38.8%2.6%-738.3K9.9M-17.8K0.04132.29N/AN/A1,151468,77045,556
2024-12-12$4.75$2.5083.2%23.9%78.9%14.7%81.7%-99.2%1.2%-881.8K14.9M-13.9K0.0093.59N/AN/A43919,69645,597
2024-12-13$4.70$2.5068.9%19.7%78.5%10.3%68.9%-16.5%1.4%-799.1K17.3M-10.4K0.0693.44N/AN/A411239,64545,598
2024-12-16$4.79$2.5059.7%17.1%68.4%7.5%49.7%-7.3%48.0%-978.5K12.0M-12.8K0.36117.32N/AN/A28109,97645,601
2024-12-17$4.49$5.0074.7%21.4%71.6%12.1%75.3%18.1%9.9%18.7K19.6M-3.5K0.00112.41N/AN/A15509,99245,610
2024-12-18$4.13$5.0097.0%27.8%76.6%18.8%119.2%41.5%-69.0%12.7K18.0M-3.4K0.05129.96N/AN/A4802410,14145,589
2024-12-19$4.26$5.0069.6%20.0%77.1%10.5%73.7%36.7%0.0%18.7K11.0M-3.3K0.09125.98N/AN/A3032810,48327,669
2024-12-20$4.21$5.0071.5%20.5%77.1%11.1%91.3%-77.7%0.0%18.8K6.5M-3.5K0.48120.74N/AN/A271310,78617,425
2024-12-23$4.33$5.0067.5%19.4%77.2%9.9%60.0%10.8%223.9%23.8K-620.2K-3.2K0.00131.30N/AN/A4205,121283
2024-12-24$4.25$5.0078.1%22.4%76.4%13.1%76.0%-39.6%169.4%19.9K-642.1K-3.2K0.00112.53N/AN/A2805,126283
2024-12-26$4.43$5.0063.0%18.1%77.9%8.6%57.3%-30.2%183.0%26.9K-773.3K-3.2K0.00129.17N/AN/A7405,132283
2024-12-27$4.39$5.0074.1%21.2%77.8%11.9%68.6%-4.9%93.1%25.8K-674.4K-3.3K0.00132.85N/AN/A8005,205283
2024-12-30$4.20$5.0046.1%13.2%78.9%3.4%45.3%-25.7%25.4%16.7K-457.8K-2.7K0.00107.30N/AN/A50705,225283
2024-12-31$4.10$5.0060.2%17.3%79.2%7.7%50.8%-25.4%43.9%5.8K-364.7K-2.3K0.00149.45N/AN/A45505,212283