RLAY Options History — March 2026

In March 2026, RLAY traded between $9.36 and $10.77. ATM implied volatility averaged 154.2%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 43.8%. IV traded above realized volatility by 95.5% (HV 20d: 58.8%). Max pain ranged from $6.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2026-03-16: Highest Volume — 5,211 contracts
  • 2026-03-05: Largest IV spike — 134.5% change
  • 2026-03-10: Highest IV Rank — 81.4%
  • 2026-03-18: Largest Expected Move — 68.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.03$9.36$10.77$9.94$9.96
Max Pain$7.82$6.00$10.00$6.00$10.00
ATM IV154.2%71.5%366.1%84.5%71.5%
Expected Move43.8%20.5%68.8%24.2%20.5%
HV 20d58.8%54.6%67.3%67.3%59.2%
HV 60d61.2%59.7%63.2%61.0%63.2%
IV Rank27.8%6.9%81.4%9.7%6.9%
IV Percentile56.3%11.5%98.0%23.4%11.5%
Term Structure-4.0%-131.2%135.5%60.5%135.5%
VWIV146.6%68.9%268.3%135.1%68.9%
Skew 25d22.6%-284.5%219.5%23.9%219.5%
Skew 10d84.6%-282.7%280.3%88.3%55.5%
Call IV 25d221.0%66.5%379.1%379.1%66.5%
Put IV 25d243.6%71.2%403.1%403.1%286.0%
Bid-Ask Spread %118.9598.10152.72139.10103.25
Gamma HHI0.550.240.940.250.87
Net GEX59.9K12.3K121.8K17.0K106.1K
Net DEX-4.6M-8.1M-1.9M-2.1M-6.8M
Net VEX-13.1K-25.2K-3.9K-4.3K-23.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.005.000.030.00
Total Volume671.45585,2113354
Total OI8,598.3183,36015,6383,36014,083

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$9.94$6.0084.5%24.2%67.3%9.7%135.1%23.9%60.5%17.0K-2.1M-4.3K0.03139.10N/AN/A3213,039321
2026-03-03$10.05$6.0088.8%25.4%63.5%10.8%146.7%-12.6%94.8%23.1K-2.1M-4.2K0.07127.48N/AN/A7653,053323
2026-03-04$10.23$6.00100.1%28.7%62.3%13.7%89.4%-75.8%93.3%24.3K-2.2M-4.3K0.06142.87N/AN/A1713,089369
2026-03-05$9.64$7.00234.6%53.7%66.6%47.9%0.0%25.2%-79.4%18.0K-1.9M-4.2K2.61150.51N/AN/A28733,094370
2026-03-06$9.75$7.00205.6%57.9%63.3%40.5%197.2%-75.0%-36.4%23.2K-2.0M-3.9K0.03147.06N/AN/A323103,112363
2026-03-09$10.18$7.00270.8%59.7%56.9%57.1%268.3%10.8%-76.3%18.1K-2.2M-4.7K0.01149.16N/AN/A14813,435373
2026-03-10$10.77$7.00366.1%38.2%57.5%81.4%232.8%-0.1%16.0%23.2K-2.7M-4.9K0.02145.34N/AN/A15233,564374
2026-03-11$10.76$7.00166.3%47.7%56.5%30.5%0.0%28.3%-54.8%31.0K-2.9M-4.9K0.09152.72N/AN/A106103,668377
2026-03-12$10.55$7.00174.1%59.1%57.4%32.5%0.0%30.7%-36.6%23.5K-2.7M-5.2K0.00107.75N/AN/A1,11313,696387
2026-03-13$10.38$7.00161.3%46.6%56.9%29.3%202.5%21.9%-33.9%35.4K-3.1M-5.6K0.00102.51N/AN/A42814,807388
2026-03-16$10.24$7.00196.2%39.0%57.3%38.1%0.0%29.1%-45.7%12.3K-3.1M-4.7K0.0199.86N/AN/A5,178335,175387
2026-03-17$10.27$7.00197.7%60.2%56.4%38.5%0.0%27.1%-104.6%86.9K-6.1M-14.8K0.02108.34N/AN/A124210,208409
2026-03-18$9.96$7.00164.8%68.8%57.6%30.2%138.4%28.3%-131.2%82.3K-6.0M-14.7K0.00109.96N/AN/A64010,255410
2026-03-19$10.00$7.00108.4%67.3%56.1%15.8%0.0%51.6%-68.7%121.8K-5.7M-14.1K0.00106.42N/AN/A5,045210,246410
2026-03-20$9.73$7.00115.9%54.2%56.6%17.7%158.4%182.4%-23.1%103.8K-8.0M-23.7K0.9698.10N/AN/A67464515,227411
2026-03-23$9.93$10.00106.2%43.5%56.7%15.3%120.5%60.9%27.0%100.5K-6.8M-24.6K0.12100.57N/AN/A1702013,038681
2026-03-24$9.50$10.00101.5%26.4%57.2%14.1%120.6%23.3%92.1%94.9K-7.0M-24.9K2.09107.14N/AN/A347113,190701
2026-03-25$9.58$10.0085.2%28.7%57.1%10.7%100.1%58.2%89.0%94.8K-6.5M-24.5K0.0098.76N/AN/A15013,221772
2026-03-26$10.22$10.00129.3%37.1%61.2%22.7%140.1%58.8%37.7%63.7K-8.1M-24.2K5.00104.34N/AN/A147013,214772
2026-03-27$9.63$10.00136.4%39.1%54.7%24.7%129.5%65.2%67.3%112.2K-6.9M-25.2K0.00106.47N/AN/A20013,227842
2026-03-30$9.36$10.00127.9%36.7%54.6%22.3%97.7%-284.5%-110.1%100.9K-6.5M-24.1K0.14109.22N/AN/A7113,240842
2026-03-31$9.96$10.0071.5%20.5%59.2%6.9%68.9%219.5%135.5%106.1K-6.8M-23.6K0.00103.25N/AN/A54013,241842