RYLD Options History — November 2023

In November 2023, RYLD traded between $16.16 and $16.66. ATM implied volatility averaged 12.0%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded below realized volatility by 0.8% (HV 20d: 12.8%). Max pain ranged from $16.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2023-11-08: Highest Volume — 834 contracts
  • 2023-11-21: Largest IV spike — 39.8% change
  • 2023-11-03: Highest IV Rank — 13.4%
  • 2023-11-02: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.50$16.16$16.66$16.16$16.62
Max Pain$17.00$16.00$18.00$16.00$17.00
ATM IV12.0%7.3%18.6%13.2%9.5%
Expected Move3.3%2.1%4.4%3.8%2.7%
HV 20d12.8%7.6%18.5%17.7%7.6%
HV 60d12.9%12.7%13.4%12.9%12.8%
IV Rank6.8%2.0%13.4%7.9%4.3%
IV Percentile58.5%7.5%94.0%74.2%36.9%
Term Structure5.3%-3.7%88.3%1.0%-1.0%
VWIV14.7%8.0%47.2%13.2%12.8%
Skew 25d5.7%0.9%8.8%7.7%3.0%
Skew 10d6.0%-0.2%20.0%16.2%0.1%
Call IV 25d6.6%5.6%11.9%11.9%7.5%
Put IV 25d12.3%8.2%19.6%19.6%10.5%
Bid-Ask Spread %78.5833.67115.1688.3736.43
Gamma HHI0.450.360.590.440.45
Net GEX311.0K171.3K601.4K221.2K217.1K
Net DEX-1.3M-2.5M-370.0K-476.2K-732.3K
Net VEX-13.6K-20.5K-7.7K-17.8K-10.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.0013.000.430.12
Total Volume202.5246834556129
Total OI6,834.3815,8677,6707,6705,939

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$16.16$16.0013.2%3.8%17.7%7.9%13.2%7.7%1.0%221.2K-476.2K-17.8K0.4388.37N/AN/A3891676,1081,562
2023-11-02$16.38$17.0015.9%4.4%18.5%10.6%14.9%7.8%0.3%328.7K-1.6M-20.5K0.60103.73N/AN/A45276,0931,530
2023-11-03$16.48$17.0018.6%4.1%18.3%13.4%14.3%8.4%0.2%334.0K-1.6M-19.4K0.10107.84N/AN/A296296,0721,540
2023-11-06$16.46$17.0016.3%3.7%18.2%11.1%10.8%8.8%-1.1%443.5K-1.7M-17.2K0.00112.50N/AN/A606,0881,537
2023-11-07$16.48$17.0012.9%3.0%17.6%7.7%12.5%6.0%0.6%399.0K-1.4M-15.9K0.11106.39N/AN/A380406,0731,537
2023-11-08$16.44$17.0013.3%3.8%17.6%8.0%13.1%8.2%-3.4%370.2K-1.2M-15.0K0.09115.16N/AN/A767676,0451,540
2023-11-09$16.36$17.0011.5%3.3%16.0%6.3%0.0%7.0%-2.4%317.1K-1.1M-15.6K0.0199.40N/AN/A12915,7911,530
2023-11-10$16.45$17.0013.3%3.8%15.9%8.1%14.0%7.5%-3.7%351.6K-1.3M-14.9K0.0688.61N/AN/A201125,7051,531
2023-11-13$16.48$17.0012.7%3.6%14.7%7.4%12.8%8.7%-2.8%601.4K-2.2M-12.6K0.3991.64N/AN/A113445,7171,530
2023-11-14$16.57$17.0013.1%3.7%14.2%7.8%13.5%8.0%5.1%471.7K-1.9M-13.0K0.56101.66N/AN/A129725,6781,530
2023-11-15$16.57$17.0011.4%3.3%11.9%6.2%10.0%4.0%3.0%461.4K-2.5M-10.4K0.0380.90N/AN/A321115,5971,508
2023-11-16$16.57$17.0012.7%3.6%10.5%7.4%0.0%8.3%88.3%348.6K-2.4M-7.7K0.0070.88N/AN/A605,6581,508
2023-11-17$16.66$17.0011.0%3.1%10.2%5.7%14.1%3.2%8.6%357.8K-2.0M-15.7K0.2081.98N/AN/A271535,6561,508
2023-11-20$16.54$18.0010.2%2.9%9.1%5.0%13.7%4.3%4.8%213.3K-677.1K-13.1K0.0443.14N/AN/A17474,4971,439
2023-11-21$16.45$17.0014.3%4.1%9.3%9.0%11.9%8.1%-1.8%194.1K-766.5K-12.9K3.5051.43N/AN/A10354,5711,296
2023-11-22$16.52$17.008.8%2.5%8.5%3.5%47.2%1.6%4.8%189.7K-440.0K-10.5K0.0772.22N/AN/A1514,5781,326
2023-11-24$16.59$17.008.7%2.5%8.5%3.5%17.2%3.1%0.8%185.1K-575.0K-10.4K1.0737.42N/AN/A15164,5861,326
2023-11-27$16.59$17.008.5%2.4%8.0%3.3%11.1%2.5%3.7%177.9K-550.8K-10.4K0.4477.98N/AN/A131584,5861,332
2023-11-28$16.55$17.007.3%2.1%7.9%2.0%8.0%0.9%3.2%175.2K-370.0K-10.0K3.5033.67N/AN/A16564,5681,359
2023-11-29$16.59$17.009.0%2.6%7.7%3.7%0.0%1.9%2.5%171.3K-717.5K-11.6K13.0048.76N/AN/A1134,5641,383
2023-11-30$16.62$17.009.5%2.7%7.6%4.3%12.8%3.0%-1.0%217.1K-732.3K-10.1K0.1236.43N/AN/A115144,5651,374