RYLD Options History — December 2023

In December 2023, RYLD traded between $16.69 and $16.96. ATM implied volatility averaged 8.4%, placing in the 3.1% IV rank vs the trailing year. The 30-day expected move averaged 2.8%. IV traded above realized volatility by 1.7% (HV 20d: 6.6%). Max pain ranged from $16.00 to $17.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 2.22.

Notable Days

  • 2023-12-07: Highest Volume — 315 contracts
  • 2023-12-04: Largest IV spike — 55.1% change
  • 2023-12-13: Highest IV Rank — 7.0%
  • 2023-12-04: Largest Expected Move — 3.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.81$16.69$16.96$16.77$16.76
Max Pain$16.65$16.00$17.00$17.00$17.00
ATM IV8.4%5.7%12.3%7.8%10.7%
Expected Move2.8%1.6%3.5%2.2%3.1%
HV 20d6.6%5.6%8.0%6.8%8.0%
HV 60d12.6%12.0%13.0%12.9%12.0%
IV Rank3.1%0.4%7.0%2.6%5.5%
IV Percentile25.7%0.8%70.2%14.3%54.4%
Term Structure3.4%-0.8%19.6%2.8%1.5%
VWIV11.5%5.2%46.2%10.9%9.3%
Skew 25d8.6%-0.8%30.0%6.3%2.3%
Skew 10d10.7%-1.3%38.1%1.1%1.1%
Call IV 25d8.2%4.9%9.8%4.9%9.7%
Put IV 25d16.8%7.8%38.3%11.2%12.0%
Bid-Ask Spread %130.9524.31159.0256.78116.30
Gamma HHI0.560.450.720.450.66
Net GEX229.1K149.4K302.2K246.1K178.1K
Net DEX-1.1M-1.5M-381.3K-1.1M-941.2K
Net VEX-8.9K-10.5K-7.7K-10.0K-8.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.220.0037.400.150.15
Total Volume121.15315117169
Total OI5,033.153,7195,9885,9523,778

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$16.77$17.007.8%2.2%6.8%2.6%10.9%6.3%2.8%246.1K-1.1M-10.0K0.1556.78N/AN/A102154,5851,367
2023-12-04$16.80$16.0012.1%3.5%6.5%6.9%10.5%-0.4%0.5%258.9K-1.4M-10.5K0.14123.16N/AN/A136194,5851,367
2023-12-05$16.79$16.005.7%3.0%6.5%0.4%9.6%-0.8%1.2%251.4K-1.2M-9.9K0.16141.11N/AN/A2544,6111,365
2023-12-06$16.79$16.006.0%3.5%6.5%0.7%10.0%0.1%1.4%269.5K-1.1M-8.7K0.45136.76N/AN/A49224,6151,367
2023-12-07$16.80$16.006.5%2.7%6.4%1.2%7.9%0.1%1.8%252.0K-1.1M-9.5K0.07159.02N/AN/A295204,6221,366
2023-12-08$16.84$16.005.8%3.5%6.0%0.6%8.5%1.6%1.0%149.4K-1.3M-7.7K0.01150.57N/AN/A18024,5661,374
2023-12-11$16.86$16.008.0%3.4%5.8%2.7%0.0%30.0%3.3%206.8K-1.0M-8.6K0.29153.08N/AN/A127374,4461,374
2023-12-12$16.87$16.009.3%3.2%5.8%4.1%16.6%8.7%6.3%181.3K-959.0K-9.1K37.40148.18N/AN/A51874,4031,379
2023-12-13$16.88$17.0012.3%3.5%5.6%7.0%0.0%23.8%2.4%217.8K-1.1M-9.0K0.01156.81N/AN/A22534,4041,465
2023-12-14$16.87$17.008.8%2.5%5.6%3.6%8.9%20.8%19.6%189.9K-826.9K-9.0K2.79142.16N/AN/A14394,5091,467
2023-12-15$16.69$17.007.5%2.2%7.0%2.3%7.7%0.0%4.3%202.6K-381.3K-9.8K0.76149.00N/AN/A66504,5121,459
2023-12-18$16.70$17.008.1%2.3%6.7%2.9%11.7%4.3%5.3%215.7K-1.1M-9.1K0.17139.45N/AN/A86153,177822
2023-12-19$16.82$17.005.7%1.6%6.6%0.5%5.2%16.5%3.2%251.2K-1.3M-8.7K0.02141.11N/AN/A5313,157833
2023-12-20$16.70$17.006.6%1.9%6.8%1.3%6.7%1.3%3.6%217.5K-1.0M-8.3K0.67123.20N/AN/A963,151833
2023-12-21$16.79$17.009.2%2.6%6.9%3.9%9.7%14.2%-0.8%250.4K-1.3M-8.6K0.00140.29N/AN/A5903,160839
2023-12-22$16.86$17.009.3%2.7%6.9%4.1%46.2%12.7%0.7%263.4K-1.2M-8.6K0.67139.24N/AN/A323,162839
2023-12-26$16.95$17.009.8%2.8%7.1%4.6%7.5%15.0%6.0%296.4K-1.5M-7.9K0.06138.83N/AN/A12983,162841
2023-12-27$16.96$17.0010.0%2.9%7.0%4.7%0.0%15.4%1.8%302.2K-1.5M-8.4K0.20139.56N/AN/A64133,133849
2023-12-28$16.80$17.008.2%2.3%7.9%2.9%8.3%-0.6%1.4%180.5K-977.4K-8.7K0.1624.31N/AN/A158252,864855
2023-12-29$16.76$17.0010.7%3.1%8.0%5.5%9.3%2.3%1.5%178.1K-941.2K-8.6K0.15116.30N/AN/A147222,898880