RYLD Options History — May 2023

In May 2023, RYLD traded between $17.61 and $18.32. ATM implied volatility averaged 10.5%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 3.1%. IV traded below realized volatility by 2.5% (HV 20d: 13.0%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 1.12.

Notable Days

  • 2023-05-05: Highest Volume — 318 contracts
  • 2023-05-05: Largest IV spike — 66.3% change
  • 2023-05-31: Highest IV Rank — 9.6%
  • 2023-05-31: Largest Expected Move — 4.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.95$17.61$18.32$17.99$17.84
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV10.5%6.6%14.4%8.6%14.4%
Expected Move3.1%2.4%4.1%2.5%4.1%
HV 20d13.0%8.8%15.6%8.8%13.6%
HV 60d15.6%14.8%16.0%14.8%15.6%
IV Rank5.9%1.8%9.6%5.7%9.6%
IV Percentile35.1%3.6%61.5%19.4%61.5%
Term Structure2.8%-4.2%26.9%1.7%0.8%
VWIV13.4%8.6%53.2%8.6%14.4%
Skew 25d6.1%-1.8%17.8%8.3%-1.8%
Skew 10d10.1%-2.0%27.9%12.8%-2.0%
Call IV 25d9.8%6.5%13.6%9.5%13.6%
Put IV 25d15.9%10.0%26.9%17.8%11.8%
Bid-Ask Spread %73.7930.92102.9336.4130.92
Gamma HHI0.830.750.900.850.75
Net GEX753.9K466.9K1.3M681.6K627.4K
Net DEX-2.9M-5.4M-1.3M-2.6M-2.9M
Net VEX-21.3K-24.1K-18.4K-20.7K-22.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.033.080.070.13
Total Volume132.18212318123120
Total OI9,3068,6439,8048,6439,804

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$17.99$18.008.6%2.5%8.8%5.7%8.6%8.3%1.7%681.6K-2.6M-20.7K0.0736.41N/AN/A11587,4131,230
2023-05-02$17.76$18.008.4%2.4%9.8%5.5%10.1%2.6%4.0%599.7K-1.4M-18.8K0.6186.02N/AN/A114707,5231,234
2023-05-03$17.80$18.009.8%2.8%9.7%6.8%53.2%2.3%0.7%684.0K-1.4M-18.4K1.6157.08N/AN/A31507,6231,294
2023-05-04$17.61$18.006.6%3.2%10.4%1.8%16.6%10.0%6.3%466.9K-1.3M-20.0K2.5687.32N/AN/A18467,6441,249
2023-05-05$17.94$18.0011.0%3.1%12.4%6.2%10.7%3.7%1.4%660.8K-2.4M-20.9K0.0399.06N/AN/A31087,6501,276
2023-05-08$17.95$18.008.6%2.9%12.3%3.8%13.3%4.9%2.6%681.5K-2.7M-21.1K3.0883.93N/AN/A12377,8011,282
2023-05-09$17.93$18.008.1%3.1%12.2%3.3%13.1%4.4%1.3%714.4K-2.4M-21.0K0.2168.28N/AN/A3887,8131,318
2023-05-10$18.02$18.0010.1%2.9%12.4%5.3%10.1%17.8%2.6%782.1K-3.1M-21.5K0.1495.61N/AN/A131187,8471,310
2023-05-11$17.91$18.0011.3%3.2%12.4%6.5%12.3%2.7%1.3%656.2K-2.4M-21.0K2.01101.59N/AN/A781577,7761,315
2023-05-12$17.89$18.0010.3%2.9%12.4%5.4%10.4%14.6%1.9%619.3K-2.4M-21.4K2.64101.38N/AN/A14377,8171,466
2023-05-15$18.12$18.0010.9%3.1%13.3%6.1%10.9%12.3%1.0%955.4K-3.5M-20.5K0.0599.32N/AN/A290157,8241,499
2023-05-16$17.95$18.0011.4%3.3%13.7%6.6%11.4%14.2%1.1%790.3K-2.7M-21.0K0.25102.93N/AN/A117297,9801,501
2023-05-17$18.23$18.0010.9%3.1%14.8%6.1%10.9%11.0%0.3%1.3M-4.7M-19.9K0.2491.66N/AN/A112278,0661,502
2023-05-18$18.32$18.0010.7%3.1%14.9%5.9%10.7%9.6%26.9%1.3M-5.4M-20.6K0.3395.56N/AN/A141468,0931,503
2023-05-19$18.09$18.0010.7%3.1%15.6%5.9%10.8%6.0%-0.9%934.6K-3.6M-22.0K2.4065.33N/AN/A531278,1561,544
2023-05-22$18.02$18.0010.5%3.0%15.3%5.7%10.7%0.8%16.2%817.1K-3.1M-22.4K0.3062.14N/AN/A2377,9421,540
2023-05-23$17.98$18.0011.4%3.3%14.6%6.6%11.5%0.6%-0.8%677.0K-3.5M-24.1K2.6764.72N/AN/A6168,0871,421
2023-05-24$17.86$18.0010.8%3.1%14.6%5.9%10.8%0.8%-1.4%627.0K-3.0M-23.3K0.2042.46N/AN/A1028,0901,363
2023-05-25$17.80$18.0012.8%3.7%14.1%8.0%11.7%-0.4%-3.5%590.9K-2.7M-22.7K3.0044.06N/AN/A581748,1551,370
2023-05-26$17.95$18.0011.6%3.3%14.2%6.8%11.6%1.3%-4.2%707.3K-3.3M-23.2K0.9665.88N/AN/A57558,1581,519
2023-05-30$17.95$18.0011.9%3.4%14.2%7.1%11.9%8.5%1.4%741.9K-3.4M-22.4K1.1241.83N/AN/A58658,2141,520
2023-05-31$17.84$18.0014.4%4.1%13.6%9.6%14.4%-1.8%0.8%627.4K-2.9M-22.7K0.1330.92N/AN/A106148,2571,547