RWO Options History — May 2023

In May 2023, RWO traded between $39.53 and $41.92. ATM implied volatility averaged 21.8%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 7.1% (HV 20d: 14.7%). Max pain ranged from $39.00 to $41.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days.

Notable Days

  • 2023-05-30: Highest Volume — 2 contracts
  • 2023-05-31: Largest IV spike — 79.9% change
  • 2023-05-04: Highest IV Rank — 29.1%
  • 2023-05-03: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.79$39.53$41.92$41.47$40.16
Max Pain$39.86$39.00$41.00$39.00$39.00
ATM IV21.8%14.3%30.4%26.8%29.1%
Expected Move6.0%4.5%8.4%7.7%8.4%
HV 20d14.7%12.2%16.8%12.2%14.4%
HV 60d17.4%17.0%17.9%17.2%17.3%
IV Rank13.6%0.0%29.1%22.1%27.5%
IV Percentile19.1%0.0%62.7%37.7%56.7%
Term Structure-1.1%-10.4%4.3%-4.1%-6.5%
VWIV16.9%16.9%16.9%16.9%16.9%
Skew 25d3.0%-7.1%11.0%1.1%-2.5%
Skew 10d5.2%-7.3%17.8%4.8%2.7%
Call IV 25d18.7%10.1%31.4%22.6%18.5%
Put IV 25d21.7%15.2%33.5%23.6%16.0%
Bid-Ask Spread %115.0871.65151.42137.31120.21
Gamma HHI0.260.200.450.220.22
Net GEX11.8K1.9K37.9K8.0K3.5K
Net DEX-68.8K-200.5K114.1K-159.6K72.6K
Net VEX-1.0K-1.4K-660-1.4K-795
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.1360200
Total OI213.5144246245145

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$41.47$39.0026.8%7.7%12.2%22.1%0.0%1.1%-4.1%8.0K-159.6K-1.4K0.00137.31N/AN/A0015194
2023-05-02$40.88$39.0028.3%8.1%13.2%25.1%0.0%4.1%-10.4%10.3K-111.1K-1.3K0.00131.75N/AN/A0015194
2023-05-03$40.96$39.0029.3%8.4%13.2%26.9%0.0%2.1%-8.2%12.9K-121.8K-1.4K0.00140.49N/AN/A0015194
2023-05-04$41.28$0.0030.4%6.6%13.4%29.1%0.0%4.7%-0.6%11.1K-126.0K-1.3K0.00151.42N/AN/A0015194
2023-05-05$41.92$0.0028.8%5.7%14.4%25.9%0.0%6.8%2.7%7.2K-187.7K-1.3K0.00142.55N/AN/A0015194
2023-05-08$41.84$0.0014.3%4.6%14.4%0.0%0.0%3.5%4.3%4.3K-200.5K-1.0K0.0071.65N/AN/A0015194
2023-05-09$41.49$0.0020.4%5.7%14.7%11.3%0.0%11.0%0.1%12.7K-162.9K-1.1K0.0095.38N/AN/A0015194
2023-05-10$41.80$0.0020.7%5.9%14.7%11.8%0.0%4.5%-0.8%9.7K-159.7K-1.1K0.0084.63N/AN/A0115194
2023-05-11$41.32$0.0022.9%6.6%15.3%15.9%0.0%4.9%-1.8%14.6K-159.1K-1.1K0.00117.97N/AN/A0015195
2023-05-12$41.09$0.0023.1%6.6%15.0%16.3%0.0%1.6%-2.7%17.2K-146.2K-1.1K0.00129.23N/AN/A0015195
2023-05-15$41.31$0.0015.8%4.5%14.1%2.7%0.0%4.1%4.0%5.5K-190.7K-1.0K0.00105.11N/AN/A0015195
2023-05-16$40.58$0.0016.8%4.8%15.5%4.5%0.0%3.5%3.6%28.4K-140.8K-1.0K0.00116.63N/AN/A0015195
2023-05-17$40.65$0.0019.8%5.7%15.5%10.2%0.0%8.8%0.2%24.1K-89.3K-1.0K0.00129.61N/AN/A0015195
2023-05-18$40.34$0.0023.6%6.8%15.4%17.3%0.0%8.4%-4.9%37.9K-98.8K-9250.00113.25N/AN/A0015195
2023-05-19$40.39$0.0017.8%5.1%15.3%6.4%0.0%1.4%-0.1%34.9K-65.0K-7690.0098.57N/AN/A0015195
2023-05-22$40.56$0.0021.0%6.0%15.4%12.4%0.0%-1.0%-5.6%1.9K74.9K-7410.00107.97N/AN/A007470
2023-05-23$40.35$0.0016.8%4.8%15.3%4.5%0.0%4.7%2.8%2.3K76.1K-7530.0095.14N/AN/A007470
2023-05-24$39.54$0.0024.1%6.9%16.8%18.2%0.0%4.5%-3.0%4.0K114.1K-6600.00112.20N/AN/A007470
2023-05-25$39.53$41.0016.1%4.6%15.1%3.2%0.0%3.9%1.5%2.9K100.9K-7660.0080.59N/AN/A007472
2023-05-26$39.90$41.0017.2%4.9%15.0%5.4%0.0%-5.9%1.5%2.8K85.1K-8280.00137.66N/AN/A007472
2023-05-30$40.01$41.0016.2%4.6%15.0%3.5%16.9%-7.1%4.3%2.2K82.5K-7650.00112.53N/AN/A027472
2023-05-31$40.16$39.0029.1%8.4%14.4%27.5%0.0%-2.5%-6.5%3.5K72.6K-7950.00120.21N/AN/A007471