RYLD Options History — September 2023

In September 2023, RYLD traded between $16.88 and $17.62. ATM implied volatility averaged 12.4%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 3.1%. IV traded above realized volatility by 3.9% (HV 20d: 8.5%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 4.95.

Notable Days

  • 2023-09-18: Highest Volume — 2,065 contracts
  • 2023-09-08: Largest IV spike — 79.7% change
  • 2023-09-08: Highest IV Rank — 16.6%
  • 2023-09-28: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.31$16.88$17.62$17.61$17.05
Max Pain$17.45$17.00$18.00$18.00$17.00
ATM IV12.4%8.8%21.8%9.8%14.4%
Expected Move3.1%2.0%4.2%2.8%4.1%
HV 20d8.5%7.1%9.5%9.5%8.9%
HV 60d9.1%8.7%9.5%9.5%8.8%
IV Rank7.2%3.6%16.6%4.5%9.2%
IV Percentile58.8%27.0%92.1%36.1%77.8%
Term Structure5.7%-5.0%24.8%-1.2%7.6%
VWIV11.7%7.2%14.5%13.4%14.4%
Skew 25d2.4%-0.5%8.3%3.6%1.5%
Skew 10d4.0%-1.6%11.5%-1.6%1.9%
Call IV 25d8.1%4.5%11.4%6.7%11.4%
Put IV 25d10.5%6.8%13.3%10.3%12.9%
Bid-Ask Spread %99.1521.23159.2061.01110.51
Gamma HHI0.630.410.890.890.58
Net GEX281.1K-299.4K861.6K861.6K-214.6K
Net DEX-639.9K-2.5M1.3M-2.1M381.4K
Net VEX-16.3K-24.9K-8.2K-14.4K-23.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.950.0139.000.380.39
Total Volume358.2552,06511354
Total OI8,432.94,0299,7458,6859,745

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$17.61$18.009.8%2.8%9.5%4.5%13.4%3.6%-1.2%861.6K-2.1M-14.4K0.3861.01N/AN/A837,3311,354
2023-09-05$17.55$18.0011.4%2.0%9.5%6.2%0.0%1.0%3.3%776.4K-1.9M-12.7K3.98159.20N/AN/A401597,3341,354
2023-09-06$17.52$18.0010.2%2.4%9.5%5.0%7.2%-0.5%4.3%816.4K-1.7M-12.2K1.31135.67N/AN/A32427,3721,504
2023-09-07$17.48$18.0012.1%2.9%9.4%6.9%9.0%3.0%0.6%438.1K-486.3K-11.8K0.48118.55N/AN/A60297,3821,529
2023-09-08$17.48$17.0021.8%3.0%9.4%16.6%14.5%4.8%-1.7%618.2K-1.2M-13.9K1.50136.89N/AN/A237,4071,538
2023-09-11$17.52$17.0012.5%2.2%9.3%7.3%10.4%1.0%6.8%738.6K-1.1M-10.8K0.06127.92N/AN/A358217,4071,541
2023-09-12$17.52$17.0017.4%3.3%9.3%12.2%7.4%0.1%3.2%620.4K-881.4K-8.6K0.66133.50N/AN/A1561037,1931,436
2023-09-13$17.46$17.008.9%2.6%8.6%3.7%0.0%1.4%10.1%398.3K-485.6K-9.0K0.31140.20N/AN/A45147,0631,537
2023-09-14$17.62$17.0010.2%2.9%8.6%5.0%0.0%8.3%2.6%658.2K-962.1K-8.2K0.02108.87N/AN/A691157,0641,538
2023-09-15$17.52$17.0010.9%3.1%7.1%5.7%12.3%5.2%0.2%178.9K-776.5K-10.9K0.39115.43N/AN/A80317,2471,525
2023-09-18$17.34$18.009.2%2.6%7.7%3.9%9.9%4.6%24.8%238.9K-1.0M-11.1K0.0121.23N/AN/A2,049162,9591,070
2023-09-19$17.30$18.0012.3%3.5%7.1%7.0%12.4%4.3%8.9%369.2K-2.5M-19.7K0.9478.88N/AN/A4714414,6771,084
2023-09-20$17.20$18.008.8%2.5%7.4%3.6%9.7%3.1%23.8%310.8K-2.1M-19.5K39.00113.02N/AN/A83125,0281,466
2023-09-21$17.01$18.0013.7%3.9%8.0%8.5%13.9%2.1%7.1%-107.4K331.6K-24.9K29.5064.11N/AN/A82365,0333,713
2023-09-22$16.99$18.0013.1%3.8%7.9%7.9%13.1%1.1%-3.0%-191.6K835.2K-22.9K4.2780.84N/AN/A15645,0413,929
2023-09-25$17.02$17.0012.0%3.4%7.8%6.7%12.0%0.6%2.3%-299.4K843.2K-22.4K13.1736.74N/AN/A182375,0373,911
2023-09-26$16.88$17.0012.7%3.6%8.0%7.4%12.7%-0.2%18.5%-276.9K1.3M-22.7K0.4886.51N/AN/A4292045,0564,013
2023-09-27$16.98$17.0012.5%3.6%8.2%7.2%12.5%0.1%-5.0%-247.7K810.0K-23.7K2.0978.50N/AN/A751575,4004,154
2023-09-28$17.13$17.0014.5%4.2%8.8%9.2%14.5%2.8%0.3%-65.3K-189.5K-22.9K0.0675.38N/AN/A169105,4254,261
2023-09-29$17.05$17.0014.4%4.1%8.9%9.2%14.4%1.5%7.6%-214.6K381.4K-23.3K0.39110.51N/AN/A255995,4844,261