RYLD Options History — April 2023

In April 2023, RYLD traded between $17.64 and $18.19. ATM implied volatility averaged 9.1%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 3.1%. IV traded below realized volatility by 3.1% (HV 20d: 12.1%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.19.

Notable Days

  • 2023-04-04: Highest Volume — 1,189 contracts
  • 2023-04-12: Largest IV spike — 63.2% change
  • 2023-04-13: Highest IV Rank — 11.3%
  • 2023-04-10: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.01$17.64$18.19$18.01$17.95
Max Pain$17.84$17.00$18.00$17.00$18.00
ATM IV9.1%6.1%14.3%11.0%6.4%
Expected Move3.1%1.8%7.3%3.1%1.8%
HV 20d12.1%5.7%21.4%21.4%8.9%
HV 60d14.4%14.2%14.8%14.4%14.8%
IV Rank6.2%3.3%11.3%8.0%3.5%
IV Percentile22.2%2.4%57.9%36.1%4.0%
Term Structure2.6%-2.2%6.1%4.6%5.6%
VWIV8.8%5.9%12.9%11.0%6.5%
Skew 25d9.3%-0.3%27.5%15.2%3.5%
Skew 10d14.5%-4.9%27.9%24.6%3.3%
Call IV 25d9.0%7.0%11.7%10.6%7.0%
Put IV 25d18.3%8.5%35.5%25.9%10.5%
Bid-Ask Spread %110.5242.89162.1474.4442.89
Gamma HHI0.860.770.970.780.83
Net GEX829.9K457.2K1.6M534.0K675.0K
Net DEX-2.9M-4.3M-1.3M-2.2M-2.4M
Net VEX-19.2K-21.3K-15.5K-16.8K-20.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.000.950.060.02
Total Volume236.526371,18983129
Total OI8,522.4217,4289,0507,4288,594

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$18.01$17.0011.0%3.1%21.4%8.0%11.0%15.2%4.6%534.0K-2.2M-16.8K0.0674.44N/AN/A7856,1771,251
2023-04-04$17.91$17.0011.8%3.4%21.4%8.8%11.8%7.6%0.7%500.0K-1.9M-17.6K0.0277.85N/AN/A1,162276,2351,286
2023-04-05$17.88$17.0010.4%3.0%21.4%7.5%10.4%-0.1%0.7%504.8K-2.1M-19.9K0.0262.73N/AN/A555136,6851,310
2023-04-06$17.91$18.008.6%6.8%20.1%5.7%12.9%10.7%-1.2%679.8K-2.4M-19.2K0.21142.80N/AN/A118257,0051,321
2023-04-10$18.01$18.0013.7%7.3%15.8%10.7%8.6%27.5%3.6%784.6K-2.6M-18.5K0.03136.99N/AN/A348127,1181,321
2023-04-11$18.06$18.006.1%3.9%15.5%3.3%8.8%20.6%4.3%860.5K-3.2M-20.0K0.00126.81N/AN/A19607,2161,326
2023-04-12$18.05$18.0010.0%2.9%15.0%7.0%10.0%16.4%2.2%812.4K-3.0M-20.3K0.05123.03N/AN/A495257,2861,326
2023-04-13$18.13$18.0014.3%4.1%13.6%11.3%6.6%5.9%6.1%907.3K-3.8M-20.8K0.31162.14N/AN/A183577,4161,309
2023-04-14$18.12$18.009.5%2.7%12.0%6.5%9.1%17.2%3.2%1.1M-3.7M-20.1K0.08132.00N/AN/A5957,5761,365
2023-04-17$18.16$18.008.0%2.3%7.8%5.1%8.1%11.3%1.9%1.2M-4.1M-18.4K0.04129.81N/AN/A4927,6021,364
2023-04-18$18.16$18.009.3%2.7%7.6%6.4%9.1%13.3%1.5%1.0M-3.9M-20.0K0.49131.77N/AN/A35177,6021,365
2023-04-19$18.18$18.006.5%1.9%6.9%3.6%5.9%7.1%4.0%1.2M-4.1M-18.1K0.03130.62N/AN/A13147,6071,365
2023-04-20$18.19$18.007.2%2.1%6.3%4.3%7.3%2.7%2.8%1.3M-4.3M-18.3K0.50100.52N/AN/A32167,6381,370
2023-04-21$18.16$18.008.2%2.3%5.7%5.3%8.7%12.7%-2.2%1.6M-4.2M-15.5K0.12111.64N/AN/A250297,6671,383
2023-04-24$17.99$18.007.7%2.2%6.8%4.9%7.7%0.4%4.3%633.0K-2.5M-21.3K0.95121.89N/AN/A19187,1791,197
2023-04-25$17.76$18.007.5%2.1%7.7%4.6%7.2%1.3%1.3%512.8K-1.7M-20.2K0.0789.52N/AN/A238177,1971,207
2023-04-26$17.64$18.008.4%2.4%8.1%5.5%8.6%-0.3%1.2%457.2K-1.3M-19.9K0.55102.67N/AN/A40227,3041,224
2023-04-27$17.84$18.008.0%2.3%8.7%5.1%6.5%3.5%4.1%599.8K-1.8M-19.5K0.0499.79N/AN/A8037,3031,229
2023-04-28$17.95$18.006.4%1.8%8.9%3.5%0.0%3.5%5.6%675.0K-2.4M-20.3K0.0242.89N/AN/A12727,3651,229