RYLD Options History — March 2024

In March 2024, RYLD traded between $16.55 and $16.91. ATM implied volatility averaged 11.0%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 2.7%. IV traded above realized volatility by 1.5% (HV 20d: 9.6%). Max pain ranged from $17.00 to $17.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.25.

Notable Days

  • 2024-03-27: Highest Volume — 191 contracts
  • 2024-03-19: Largest IV spike — 87.9% change
  • 2024-03-21: Highest IV Rank — 22.3%
  • 2024-03-06: Largest Expected Move — 3.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.71$16.55$16.91$16.61$16.91
Max Pain$17.00$17.00$17.00$17.00$17.00
ATM IV11.0%4.5%20.7%8.7%10.4%
Expected Move2.7%1.3%3.6%2.5%3.0%
HV 20d9.6%8.7%11.4%9.4%8.7%
HV 60d8.9%8.6%9.3%8.6%9.0%
IV Rank12.1%0.0%22.3%3.4%21.7%
IV Percentile48.0%0.0%96.4%24.2%47.2%
Term Structure2.5%-3.6%23.5%2.7%-2.9%
VWIV10.9%6.2%14.2%11.2%10.1%
Skew 25d7.0%-5.3%29.1%1.6%13.4%
Skew 10d12.0%-3.2%37.9%0.2%18.0%
Call IV 25d8.8%4.6%13.7%8.5%10.4%
Put IV 25d15.8%7.1%39.6%10.1%23.8%
Bid-Ask Spread %139.2187.82153.4487.82134.30
Gamma HHI0.830.661.000.930.70
Net GEX186.1K40.7K396.9K285.8K72.7K
Net DEX-579.0K-1.2M-252.1K-558.6K-608.7K
Net VEX-4.0K-5.5K-3.0K-5.0K-4.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.005.820.360.00
Total Volume44.3219130103
Total OI3,337.21,5814,6434,6331,939

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$16.61$17.008.7%2.5%9.4%3.4%11.2%1.6%2.7%285.8K-558.6K-5.0K0.3687.82N/AN/A2283,1521,481
2024-03-04$16.63$17.0010.0%3.3%9.4%4.7%11.6%-4.1%0.2%284.8K-531.7K-5.0K0.83139.32N/AN/A653,1531,480
2024-03-05$16.55$17.0013.4%3.5%9.5%8.1%12.2%-5.3%-1.6%186.2K-501.3K-5.5K0.70151.92N/AN/A1073,1571,480
2024-03-06$16.63$17.0014.8%3.6%9.6%9.6%12.7%-0.1%-1.5%257.0K-667.0K-5.2K0.00135.82N/AN/A5703,1471,482
2024-03-07$16.70$17.0013.7%2.6%9.7%8.4%9.1%25.8%1.0%339.3K-782.3K-4.9K0.64151.81N/AN/A1173,1311,482
2024-03-08$16.71$17.0014.7%2.8%9.6%9.4%14.2%4.5%5.7%368.0K-794.7K-4.5K1.33149.01N/AN/A343,1391,481
2024-03-11$16.69$17.0015.2%2.5%9.6%10.0%13.3%1.9%6.1%356.0K-703.5K-3.1K0.21148.69N/AN/A1433,1401,480
2024-03-12$16.76$17.0020.7%2.5%9.7%15.5%0.0%2.5%5.2%396.9K-918.2K-4.3K4.00148.16N/AN/A143,1531,480
2024-03-13$16.80$17.0010.3%3.0%9.5%5.1%0.0%8.0%5.0%356.0K-1.2M-3.5K0.00152.47N/AN/A203,1541,482
2024-03-14$16.59$17.008.3%2.4%10.5%3.0%0.0%5.4%23.5%247.1K-470.3K-3.5K3.60153.44N/AN/A5183,1541,482
2024-03-15$16.73$17.009.3%2.7%10.9%15.2%0.0%3.8%9.3%56.8K-338.8K-3.0K0.80146.24N/AN/A20163,1551,488
2024-03-18$16.56$17.004.5%1.3%11.4%0.0%0.0%3.0%4.3%40.7K-264.6K-3.7K1.21135.76N/AN/A3340927654
2024-03-19$16.57$17.008.6%2.5%9.1%14.8%0.0%3.1%3.8%42.7K-252.1K-4.0K0.05122.53N/AN/A402957686
2024-03-20$16.73$17.0010.4%3.0%9.4%21.7%10.4%29.1%-3.6%59.5K-375.5K-3.7K0.01152.98N/AN/A681959688
2024-03-21$16.81$17.0010.6%3.0%9.1%22.3%11.1%10.3%-2.0%67.8K-491.3K-3.7K0.00136.28N/AN/A2801,029688
2024-03-22$16.77$17.0010.1%2.9%9.2%20.3%10.3%11.4%-1.5%66.1K-461.8K-3.9K0.32140.55N/AN/A2271,056688
2024-03-25$16.80$17.0010.6%3.0%9.1%22.3%10.8%12.0%-3.3%84.6K-485.9K-3.5K4.81132.74N/AN/A211011,068695
2024-03-26$16.81$17.006.0%1.7%8.9%5.3%6.2%-0.2%0.7%80.9K-553.6K-3.1K0.20125.10N/AN/A511,089796
2024-03-27$16.88$17.0010.2%2.9%8.8%20.9%9.6%14.2%-0.8%73.7K-602.4K-3.3K5.82139.25N/AN/A281631,094798
2024-03-28$16.91$17.0010.4%3.0%8.7%21.7%10.1%13.4%-2.9%72.7K-608.7K-4.4K0.00134.30N/AN/A10301,114825