RYLD Options History — July 2023

In July 2023, RYLD traded between $17.84 and $18.36. ATM implied volatility averaged 8.8%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 2.9%. IV traded below realized volatility by 1.5% (HV 20d: 10.3%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.08.

Notable Days

  • 2023-07-05: Highest Volume — 268 contracts
  • 2023-07-13: Largest IV spike — 91.8% change
  • 2023-07-13: Highest IV Rank — 11.5%
  • 2023-07-11: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.17$17.84$18.36$18.12$18.21
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV8.8%5.2%16.3%7.5%9.6%
Expected Move2.9%1.7%6.2%2.1%2.7%
HV 20d10.3%8.6%12.0%10.4%9.2%
HV 60d11.9%11.5%12.1%11.6%11.5%
IV Rank4.0%0.4%11.5%2.7%4.8%
IV Percentile26.1%0.4%76.6%10.3%37.7%
Term Structure2.5%-13.9%24.3%2.1%1.8%
VWIV9.9%4.3%18.4%7.3%9.6%
Skew 25d4.5%-0.1%11.2%4.0%7.8%
Skew 10d10.0%1.0%32.5%12.0%32.5%
Call IV 25d7.8%5.9%9.4%8.9%9.1%
Put IV 25d12.3%8.3%17.2%12.9%16.9%
Bid-Ask Spread %118.2980.43150.6680.43103.41
Gamma HHI0.860.820.910.910.83
Net GEX1.0M709.2K1.6M1.3M864.7K
Net DEX-4.8M-6.6M-2.5M-4.4M-5.0M
Net VEX-18.7K-22.3K-14.6K-19.3K-18.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.067.617.611.00
Total Volume85.21226815530
Total OI7,968.77,5518,1577,9147,784

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$18.12$18.007.5%2.1%10.4%2.7%7.3%4.0%2.1%1.3M-4.4M-19.3K7.6180.43N/AN/A181376,8451,069
2023-07-05$18.05$18.007.1%2.0%10.5%2.3%7.1%-0.1%24.3%726.6K-4.0M-22.3K0.1788.35N/AN/A229396,8621,187
2023-07-06$17.84$18.007.5%3.7%10.9%2.7%15.8%5.1%1.6%709.2K-2.5M-19.9K3.67134.02N/AN/A18666,8021,217
2023-07-07$18.02$18.008.6%2.4%11.5%3.8%6.9%6.7%5.2%781.4K-3.5M-20.4K0.24129.07N/AN/A42106,7971,250
2023-07-10$18.14$18.005.2%2.6%11.8%0.4%0.0%5.6%3.7%881.8K-4.4M-20.0K0.08144.72N/AN/A182156,8081,244
2023-07-11$18.20$18.007.4%6.2%11.9%2.6%18.4%11.2%-13.9%960.0K-4.9M-19.8K0.06130.75N/AN/A13686,7841,248
2023-07-12$18.27$18.008.5%2.4%12.0%3.7%8.1%2.1%3.2%971.8K-5.4M-19.2K0.71147.04N/AN/A28206,8581,249
2023-07-13$18.30$18.0016.3%4.7%12.0%11.5%8.2%11.0%3.6%1.0M-5.7M-19.5K0.25148.63N/AN/A3696,8821,259
2023-07-14$18.30$18.0012.5%3.6%12.0%7.6%12.4%6.6%-4.7%1.3M-6.0M-17.0K2.40140.87N/AN/A5126,8961,259
2023-07-17$18.32$18.009.6%2.7%12.0%4.8%11.0%3.3%-0.4%1.3M-6.3M-15.9K0.40150.66N/AN/A81326,8971,260
2023-07-18$18.34$18.006.5%1.9%9.6%1.7%9.6%2.4%4.6%1.2M-6.2M-17.3K0.15135.85N/AN/A65106,8381,291
2023-07-19$18.34$18.008.7%2.5%8.8%3.9%13.3%8.6%6.4%1.6M-6.6M-14.6K0.08120.55N/AN/A3936,8491,287
2023-07-20$18.36$18.007.3%2.1%8.8%2.5%7.7%2.2%-0.7%1.2M-6.3M-16.6K0.18121.21N/AN/A2856,8491,289
2023-07-21$18.20$18.007.8%2.2%9.3%3.0%8.8%8.6%4.2%1.2M-5.0M-17.8K0.63111.24N/AN/A38246,8601,288
2023-07-24$18.04$18.009.8%2.8%9.1%5.0%9.9%0.9%1.2%798.3K-4.0M-19.0K0.5193.18N/AN/A84436,4311,120
2023-07-25$18.05$18.009.1%2.6%9.0%4.3%9.1%0.9%1.5%806.1K-4.1M-19.3K0.1783.02N/AN/A1836,5061,158
2023-07-26$18.12$18.006.0%1.7%8.6%1.2%4.3%1.6%5.8%868.7K-4.5M-19.2K0.46100.43N/AN/A1366,5151,160
2023-07-27$17.99$18.009.7%2.8%9.0%4.8%9.7%0.7%0.1%897.2K-3.6M-18.8K2.0297.24N/AN/A531076,5311,161
2023-07-28$18.14$18.0011.0%3.1%9.2%6.1%11.0%1.6%0.7%818.2K-4.5M-19.2K0.71105.10N/AN/A756,5341,250
2023-07-31$18.21$18.009.6%2.7%9.2%4.8%9.6%7.8%1.8%864.7K-5.0M-18.4K1.00103.41N/AN/A15156,5331,251