RYLD Options History — February 2023

In February 2023, RYLD traded between $18.98 and $19.52. ATM implied volatility averaged 10.4%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 3.1%. IV traded above realized volatility by 3.8% (HV 20d: 6.6%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.85.

Notable Days

  • 2023-02-21: Highest Volume — 2,255 contracts
  • 2023-02-21: Largest IV spike — 32.7% change
  • 2023-02-21: Highest IV Rank — 16.3%
  • 2023-02-21: Largest Expected Move — 4.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.33$18.98$19.52$19.43$19.16
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV10.4%8.2%14.1%9.1%11.5%
Expected Move3.1%2.4%4.0%2.6%3.3%
HV 20d6.6%4.4%10.9%5.7%10.8%
HV 60d10.1%9.2%10.5%10.1%10.3%
IV Rank11.0%7.9%16.3%9.1%12.6%
IV Percentile29.5%13.8%49.0%20.9%36.7%
Term Structure4.6%-4.6%75.4%-0.6%-1.9%
VWIV11.6%6.8%14.9%9.7%11.6%
Skew 25d8.9%1.7%36.7%2.2%19.8%
Skew 10d20.3%-20.0%111.5%10.5%43.1%
Call IV 25d7.2%4.8%11.0%6.7%9.9%
Put IV 25d16.1%9.0%43.8%9.0%29.7%
Bid-Ask Spread %101.4782.25125.57116.98106.07
Gamma HHI0.570.500.650.600.59
Net GEX591.7K-347.9K1.4M932.4K-347.9K
Net DEX-3.2M-5.8M1.2M-4.7M52.0K
Net VEX-17.4K-21.5K-8.7K-19.3K-18.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.850.016.650.043.33
Total Volume229.42172,2555313
Total OI6,970.9474,6717,8416,8017,841

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$19.43$19.009.1%2.6%5.7%9.1%9.7%2.2%-0.6%932.4K-4.7M-19.3K0.04116.98N/AN/A5125,986815
2023-02-02$19.43$19.009.4%3.4%5.5%9.5%13.3%11.4%-4.6%925.7K-4.8M-19.5K0.30103.70N/AN/A2786,080818
2023-02-03$19.43$19.008.7%3.3%5.4%8.6%12.0%9.2%-0.7%997.0K-4.8M-18.8K3.6395.02N/AN/A8296,098818
2023-02-06$19.41$19.008.9%2.9%4.6%8.8%6.8%8.5%-1.6%919.2K-4.7M-19.1K0.3599.53N/AN/A2076,099826
2023-02-07$19.43$19.0010.3%2.8%4.5%10.8%10.7%5.2%-1.5%986.0K-4.8M-18.5K2.1794.12N/AN/A6136,094831
2023-02-08$19.43$19.009.3%2.7%4.4%9.4%0.0%4.6%-1.3%986.8K-4.9M-18.2K0.14110.74N/AN/A1426,095831
2023-02-09$19.39$19.0010.1%2.9%4.5%10.6%11.6%36.7%-2.0%628.3K-4.6M-21.5K1.09102.28N/AN/A1001096,095833
2023-02-10$19.43$19.008.3%2.4%4.5%8.0%9.3%3.8%-0.8%1.2M-5.1M-15.8K1.3396.75N/AN/A346,194937
2023-02-13$19.48$19.009.2%2.6%4.5%9.2%11.7%5.2%-0.6%1.2M-5.4M-15.8K3.5082.25N/AN/A6216,197940
2023-02-14$19.52$19.0010.1%2.9%4.5%10.6%10.8%7.5%-0.1%799.8K-5.4M-20.0K0.4488.83N/AN/A946,204956
2023-02-15$19.52$19.008.2%2.4%4.5%7.9%12.8%7.3%3.3%1.4M-5.8M-11.7K6.65102.87N/AN/A201336,201959
2023-02-16$19.52$19.009.9%2.8%4.5%10.3%11.8%7.3%75.4%701.5K-4.5M-17.1K0.01100.14N/AN/A11315,6191,087
2023-02-17$19.49$19.0010.6%3.1%4.5%11.3%11.3%6.5%15.9%709.1K-4.4M-17.9K0.3288.09N/AN/A185595,6311,088
2023-02-21$19.01$19.0014.1%4.0%9.9%16.3%14.9%4.0%6.2%259.8K-293.9K-8.7K5.7597.31N/AN/A3341,9213,733938
2023-02-22$18.98$19.0011.7%3.4%9.9%12.9%12.3%3.3%1.9%-159.2K701.7K-15.6K3.36105.18N/AN/A812724,0682,648
2023-02-23$19.14$19.0011.0%3.2%10.4%11.8%11.0%19.7%3.3%-305.2K267.3K-18.2K2.07104.55N/AN/A1342784,1533,182
2023-02-24$18.99$19.0013.0%3.7%10.7%14.7%13.0%4.9%-0.2%-311.0K1.2M-18.0K0.09125.57N/AN/A235224,2843,460
2023-02-27$19.09$19.0013.9%4.0%10.9%16.0%13.9%1.7%-2.4%-255.0K681.7K-18.1K0.51108.04N/AN/A76394,3343,475
2023-02-28$19.16$19.0011.5%3.3%10.8%12.6%11.6%19.8%-1.9%-347.9K52.0K-18.2K3.33106.07N/AN/A3104,3753,466