RYLD Options History — January 2023

In January 2023, RYLD traded between $18.77 and $19.31. ATM implied volatility averaged 8.6%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 2.6%. IV traded below realized volatility by 0.5% (HV 20d: 9.1%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.23.

Notable Days

  • 2023-01-12: Highest Volume — 915 contracts
  • 2023-01-30: Largest IV spike — 59.5% change
  • 2023-01-04: Highest IV Rank — 14.2%
  • 2023-01-05: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.14$18.77$19.31$18.77$19.31
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV8.6%5.5%12.7%8.7%6.1%
Expected Move2.6%1.6%4.7%2.5%1.8%
HV 20d9.1%5.2%12.8%12.8%5.5%
HV 60d11.6%9.9%14.4%14.4%10.0%
IV Rank8.3%4.0%14.2%8.5%4.8%
IV Percentile14.2%1.3%34.6%14.3%3.1%
Term Structure3.1%-4.6%13.6%13.6%2.6%
VWIV10.4%5.2%28.1%8.9%5.2%
Skew 25d0.6%-85.8%29.1%28.8%3.6%
Skew 10d6.8%-105.7%40.9%40.0%4.9%
Call IV 25d18.2%6.1%95.9%12.9%6.9%
Put IV 25d18.7%6.8%41.7%41.7%10.4%
Bid-Ask Spread %132.1673.55162.57123.53130.50
Gamma HHI0.580.450.740.480.57
Net GEX697.9K316.9K1.2M327.8K758.3K
Net DEX-3.0M-4.4M-835.0K-835.0K-4.1M
Net VEX-17.5K-20.8K-13.1K-13.1K-20.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.0314.001.150.41
Total Volume183199152824
Total OI6,419.255,7047,1525,7046,783

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$18.77$19.008.7%2.5%12.8%8.5%8.9%28.8%13.6%327.8K-835.0K-13.1K1.15123.53N/AN/A13154,915789
2023-01-04$18.88$19.0012.7%3.6%12.3%14.2%12.5%29.1%-4.6%316.9K-1.7M-17.3K0.08125.33N/AN/A11594,921803
2023-01-05$18.84$19.0012.4%4.7%12.1%13.8%0.0%15.2%4.7%342.5K-1.2M-14.6K0.09150.25N/AN/A4544,932805
2023-01-06$19.02$19.0010.0%4.5%12.6%10.4%21.8%14.6%6.4%434.3K-1.7M-15.4K0.22162.57N/AN/A144324,954803
2023-01-09$19.07$19.0011.2%3.6%12.6%12.1%0.0%17.2%0.8%457.5K-2.2M-16.5K0.03143.35N/AN/A10335,051758
2023-01-10$19.14$19.0010.0%3.3%12.6%10.4%11.6%4.2%1.0%549.8K-2.4M-16.2K0.13115.44N/AN/A176235,142758
2023-01-11$19.16$19.009.3%2.7%12.4%9.3%10.8%6.0%4.9%556.4K-2.6M-16.7K0.0492.01N/AN/A268115,273771
2023-01-12$19.21$19.008.5%2.4%11.7%8.2%0.0%11.6%0.9%651.6K-2.8M-16.1K0.05134.13N/AN/A872435,420781
2023-01-13$19.23$19.008.3%2.4%11.7%8.0%5.6%15.3%5.0%879.1K-3.5M-17.6K0.66121.23N/AN/A3182115,925787
2023-01-17$19.21$19.008.4%2.4%8.5%8.1%8.5%14.9%0.1%991.7K-3.5M-16.2K0.21145.99N/AN/A207436,083831
2023-01-18$19.21$19.008.3%2.4%7.6%8.0%10.1%11.1%-0.6%1.2M-3.7M-16.3K0.29140.74N/AN/A3196,263867
2023-01-19$19.23$19.007.3%2.1%7.0%6.5%8.2%7.4%0.4%1.0M-3.9M-17.0K14.00155.92N/AN/A2286,281871
2023-01-20$19.29$19.008.7%2.5%6.8%8.5%28.1%-0.8%2.0%1.1M-4.4M-17.3K0.43154.21N/AN/A138606,282859
2023-01-23$19.18$19.007.4%2.1%6.7%6.7%7.8%-70.2%4.7%662.0K-3.2M-19.6K2.74108.92N/AN/A461265,697731
2023-01-24$19.18$19.006.9%2.0%6.2%5.9%0.0%-85.8%5.3%661.8K-3.2M-20.0K0.08149.84N/AN/A11395,733794
2023-01-25$19.20$19.006.9%2.0%6.0%6.0%6.7%-0.8%3.1%692.0K-3.4M-20.3K0.95142.75N/AN/A44425,844790
2023-01-26$19.24$19.006.1%1.8%6.0%4.8%6.5%-14.1%3.8%878.8K-3.5M-18.5K2.80139.21N/AN/A5145,888786
2023-01-27$19.30$19.005.5%1.6%5.2%4.0%5.2%1.7%5.6%746.6K-4.0M-20.8K0.16133.71N/AN/A112185,891795
2023-01-30$19.21$19.008.8%2.5%5.5%8.7%9.4%2.8%2.2%777.5K-3.5M-20.0K0.1073.55N/AN/A168165,934794
2023-01-31$19.31$19.006.1%1.8%5.5%4.8%5.2%3.6%2.6%758.3K-4.1M-20.6K0.41130.50N/AN/A1775,974809