RWO Options History — March 2023

In March 2023, RWO traded between $38.67 and $43.01. ATM implied volatility averaged 31.1%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 11.8% (HV 20d: 19.3%). Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 4 of 23 days.

Notable Days

  • 2023-03-13: Largest IV spike — 57.5% change
  • 2023-03-13: Highest IV Rank — 100.0%
  • 2023-03-28: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.73$38.67$43.01$42.09$40.95
ATM IV31.1%21.4%68.1%25.3%21.4%
Expected Move7.5%5.9%8.8%7.3%6.1%
HV 20d19.3%13.4%23.1%15.1%23.1%
HV 60d19.6%18.6%20.4%18.7%19.9%
IV Rank33.5%12.0%100.0%25.5%12.0%
IV Percentile49.7%7.9%100.0%29.4%7.9%
Term Structure-2.3%-8.5%5.1%-8.5%4.0%
Skew 25d6.5%-4.2%32.4%10.3%6.6%
Skew 10d7.1%-6.5%26.0%-0.8%-6.5%
Call IV 25d25.1%15.8%31.0%18.4%22.8%
Put IV 25d31.6%23.0%63.0%28.7%29.4%
Bid-Ask Spread %126.04110.87153.83123.05121.42
Gamma HHI0.190.170.240.170.21
Net GEX3.3K-5.0K11.1K-2.0K5.4K
Net DEX-18.8K-145.4K77.2K-72.0K-68.1K
Net VEX-1.8K-2.0K-1.5K-2.0K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI237.391220245245220

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$42.09$0.0025.3%7.3%15.1%25.5%0.0%10.3%-8.5%-2.0K-72.0K-2.0K0.00123.05N/AN/A00126119
2023-03-02$42.48$0.0029.0%8.3%14.9%34.4%0.0%7.0%-2.3%2.5K-86.5K-1.9K0.00137.00N/AN/A00126119
2023-03-03$43.01$0.0028.5%8.2%14.5%33.1%0.0%-0.1%-0.9%288-142.1K-1.9K0.00125.86N/AN/A00126119
2023-03-06$43.01$0.0028.9%6.9%13.4%34.1%0.0%11.1%-3.8%-4.7K-145.4K-1.9K0.00125.66N/AN/A00126119
2023-03-07$42.13$0.0031.0%5.9%14.9%39.2%0.0%9.3%-0.2%-5.0K-95.8K-2.0K0.00129.19N/AN/A00126119
2023-03-08$42.34$0.0027.7%6.5%15.1%31.3%0.0%3.0%-1.2%944-86.2K-1.9K0.00129.05N/AN/A00126119
2023-03-09$41.46$0.0035.8%6.9%16.4%50.6%0.0%8.6%-0.7%-2.4K-70.2K-2.0K0.00132.73N/AN/A00126119
2023-03-10$40.22$0.0043.2%6.8%18.9%68.5%0.0%3.2%-1.4%8733.1K-1.9K0.00124.35N/AN/A00126119
2023-03-13$40.73$0.0068.1%8.4%19.8%100.0%0.0%32.4%-2.9%3.5K10.6K-1.9K0.00141.42N/AN/A00126119
2023-03-14$41.06$0.0052.7%8.6%19.9%71.2%0.0%8.0%-6.0%1.1K-34.0K-2.0K0.00153.83N/AN/A00126119
2023-03-15$40.75$0.0027.4%7.9%20.0%23.8%0.0%3.5%-4.8%3.5K13.8K-1.9K0.00128.54N/AN/A00126119
2023-03-16$40.79$0.0026.8%7.7%20.0%22.7%0.0%4.9%-3.3%3.4K21.6K-1.9K0.00131.22N/AN/A00126119
2023-03-17$39.98$0.0029.6%8.5%20.8%27.9%0.0%9.3%-6.5%4.2K56.4K-1.7K0.00120.18N/AN/A00126119
2023-03-20$40.11$0.0029.0%8.3%21.0%26.8%0.0%11.2%-2.7%3.8K43.0K-1.8K0.00111.76N/AN/A00126119
2023-03-21$40.02$0.0025.4%7.3%20.6%20.0%0.0%3.9%0.9%3.5K55.1K-1.8K0.00114.30N/AN/A00126119
2023-03-22$38.99$0.0028.3%8.1%22.0%25.5%0.0%7.5%-1.7%3.8K77.2K-1.7K0.00128.85N/AN/A00126119
2023-03-23$38.67$0.0022.6%6.5%21.3%14.9%0.0%7.6%1.6%11.1K40.1K-1.5K0.00119.16N/AN/A0012694
2023-03-24$39.11$0.0025.1%7.2%21.7%18.9%0.0%2.9%-4.5%10.7K52.4K-1.5K0.00110.87N/AN/A0012694
2023-03-27$39.41$0.0029.8%8.5%21.9%27.8%0.0%2.1%-2.9%6.8K15.1K-1.5K0.00129.24N/AN/A0012694
2023-03-28$39.19$0.0030.6%8.8%21.8%29.3%0.0%4.1%-4.2%10.5K30.4K-1.5K0.00122.15N/AN/A0012694
2023-03-29$39.92$0.0023.1%6.6%22.8%15.2%0.0%-4.2%5.1%7.4K151-1.5K0.00119.02N/AN/A0012694
2023-03-30$40.44$0.0025.1%7.2%23.1%18.9%0.0%-2.0%-4.9%6.4K-50.8K-1.6K0.00120.03N/AN/A0012694
2023-03-31$40.95$0.0021.4%6.1%23.1%12.0%0.0%6.6%4.0%5.4K-68.1K-1.6K0.00121.42N/AN/A0012694