RLAY Options History — June 2025

In June 2025, RLAY traded between $3.08 and $3.51. ATM implied volatility averaged 112.1%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 30.4%. IV traded above realized volatility by 49.6% (HV 20d: 62.5%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.17.

Notable Days

2025-06-04: Highest Volume — 392 contracts
2025-06-05: Largest IV spike — 95.0% change
2025-06-05: Highest IV Rank — 56.3%
2025-06-05: Largest Expected Move — 90.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.31	$3.08	$3.51	$3.17	$3.51
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	112.1%	47.0%	262.6%	119.3%	71.3%
Expected Move	30.4%	13.5%	90.4%	34.2%	20.4%
HV 20d	62.5%	47.4%	68.5%	65.2%	68.5%
HV 60d	85.7%	81.9%	89.8%	89.7%	82.8%
IV Rank	19.1%	3.0%	56.3%	20.9%	9.0%
IV Percentile	51.9%	2.4%	96.0%	67.9%	24.6%
Term Structure	7.0%	-185.1%	311.7%	-50.2%	14.7%
VWIV	113.9%	32.8%	289.8%	90.8%	77.3%
Skew 25d	-31.2%	-126.8%	56.4%	21.3%	-126.8%
Skew 10d	-39.8%	-138.0%	59.5%	59.5%	-138.0%
Call IV 25d	147.0%	88.1%	214.1%	114.5%	214.1%
Put IV 25d	115.8%	87.3%	144.5%	135.8%	87.3%
Bid-Ask Spread %	140.41	41.53	174.74	54.81	168.51
Gamma HHI	0.49	0.39	0.72	0.65	0.41
Net GEX	656	-398	4.4K	2.2K	95
Net DEX	-79.7K	-221.3K	-23.5K	-23.5K	-60.9K
Net VEX	-393	-1.0K	-272	-519	-278
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.00	2.00	0.00	0.00
Total Volume	69.25	0	392	271	62
Total OI	3,292.85	1,045	4,411	4,204	1,048

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-06-02	$3.17	$2.50	119.3%	34.2%	65.2%	20.9%	0.0%	0.0%	-50.2%	2.2K	-23.5K	-519	0.00	54.81	N/A	N/A	271	0	3,386	818
2025-06-03	$3.29	$2.50	207.6%	59.5%	66.7%	42.7%	0.0%	21.3%	-137.1%	3.7K	-77.7K	-656	0.00	41.53	N/A	N/A	36	0	3,537	818
2025-06-04	$3.26	$2.50	134.7%	38.6%	64.8%	24.7%	90.8%	0.0%	168.1%	3.5K	-74.3K	-614	0.00	55.88	N/A	N/A	392	0	3,593	818
2025-06-05	$3.24	$2.50	262.6%	90.4%	63.2%	56.3%	289.8%	56.4%	-185.1%	4.4K	-221.3K	-1.0K	0.02	173.35	N/A	N/A	88	2	3,396	818
2025-06-06	$3.37	$2.50	105.0%	17.0%	64.3%	17.4%	0.0%	0.0%	-31.1%	-260	-33.0K	-284	0.38	158.46	N/A	N/A	26	10	3,444	818
2025-06-09	$3.34	$2.50	87.0%	24.5%	64.4%	12.9%	0.0%	-75.6%	-14.5%	-295	-30.7K	-272	0.00	142.60	N/A	N/A	23	0	3,446	828
2025-06-10	$3.51	$2.50	122.8%	0.0%	62.8%	21.8%	113.4%	-126.8%	-4.2%	-128	-90.0K	-342	0.00	163.72	N/A	N/A	11	0	3,446	656
2025-06-11	$3.38	$2.50	113.1%	32.4%	49.6%	19.4%	63.8%	0.0%	49.8%	-144	-86.4K	-344	2.00	165.06	N/A	N/A	1	2	3,457	656
2025-06-12	$3.44	$2.50	110.3%	31.6%	47.4%	18.7%	129.1%	0.0%	55.0%	142	-102.4K	-344	0.08	138.53	N/A	N/A	132	10	3,457	654
2025-06-13	$3.24	$2.50	132.0%	0.0%	53.5%	24.1%	0.0%	0.0%	-118.3%	-50	-114.1K	-282	0.00	153.19	N/A	N/A	0	0	3,587	664
2025-06-16	$3.29	$2.50	192.0%	0.0%	53.1%	38.9%	0.0%	0.0%	45.3%	-172	-106.2K	-309	0.00	142.64	N/A	N/A	0	30	3,587	664
2025-06-17	$3.08	$2.50	102.5%	29.4%	58.8%	16.8%	0.0%	0.0%	-22.0%	-398	-84.1K	-279	0.08	172.79	N/A	N/A	105	8	3,587	694
2025-06-18	$3.38	$2.50	47.0%	13.5%	65.6%	3.0%	0.0%	0.0%	-50.4%	-52	-121.2K	-365	0.04	166.81	N/A	N/A	24	1	3,687	686
2025-06-20	$3.17	$2.50	63.2%	18.1%	67.3%	7.0%	32.8%	0.0%	0.0%	-124	-86.1K	-299	0.00	137.46	N/A	N/A	146	0	3,689	686
2025-06-23	$3.24	$2.50	82.0%	23.5%	67.3%	11.7%	0.0%	0.0%	14.1%	-123	-54.5K	-285	0.00	174.74	N/A	N/A	0	0	674	371
2025-06-24	$3.33	$2.50	77.4%	22.2%	67.7%	10.6%	0.0%	0.0%	167.6%	440	-57.9K	-356	0.00	155.06	N/A	N/A	2	0	674	371
2025-06-25	$3.27	$2.50	93.2%	26.7%	67.8%	14.5%	0.0%	0.0%	311.7%	594	-56.5K	-395	0.00	139.15	N/A	N/A	0	0	676	371
2025-06-26	$3.31	$2.50	66.6%	19.1%	66.8%	7.9%	0.0%	0.0%	-38.3%	-152	-56.4K	-285	0.00	136.07	N/A	N/A	3	0	676	371
2025-06-27	$3.29	$2.50	52.7%	15.1%	65.7%	4.5%	0.0%	0.0%	-41.4%	-179	-56.5K	-317	0.00	167.84	N/A	N/A	0	0	677	371
2025-06-30	$3.51	$2.50	71.3%	20.4%	68.5%	9.0%	77.3%	0.0%	14.7%	95	-60.9K	-278	0.00	168.51	N/A	N/A	62	0	677	371