GROY Options History — February 2025

In February 2025, GROY traded between $1.33 and $1.48. ATM implied volatility averaged 107.5%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 27.6%. IV traded above realized volatility by 64.5% (HV 20d: 43.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.41.

Notable Days

2025-02-06: Highest Volume — 696 contracts
2025-02-12: Largest IV drop — 50.7% change
2025-02-11: Highest IV Rank — 51.9%
2025-02-03: Largest Expected Move — 40.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.41	$1.33	$1.48	$1.33	$1.35
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	107.5%	74.9%	151.8%	139.6%	120.2%
Expected Move	27.6%	20.9%	40.0%	40.0%	34.5%
HV 20d	43.0%	29.4%	50.6%	29.4%	48.1%
HV 60d	38.6%	37.6%	41.2%	38.1%	39.9%
IV Rank	32.0%	17.3%	51.9%	46.4%	37.7%
IV Percentile	72.5%	49.2%	93.7%	89.3%	82.9%
Term Structure	-19.8%	-45.5%	6.8%	-43.8%	-34.5%
Skew 25d	1.1%	-16.1%	18.7%	-11.3%	-10.3%
Skew 10d	5.5%	-4.9%	27.2%	27.2%	-4.9%
Call IV 25d	52.7%	40.7%	65.3%	56.1%	65.3%
Put IV 25d	53.7%	44.8%	68.2%	44.8%	55.0%
Bid-Ask Spread %	62.48	4.66	84.56	55.22	54.28
Gamma HHI	0.53	0.49	0.60	0.50	0.52
Net GEX	11.3K	10.4K	12.2K	10.5K	11.9K
Net DEX	-652.0K	-734.3K	-518.5K	-518.5K	-565.7K
Net VEX	-2.1K	-2.2K	-1.9K	-1.9K	-2.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.41	0.00	3.92	0.00	1.30
Total Volume	239.474	12	696	202	53
Total OI	10,350.158	9,807	11,412	9,808	11,412

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-02-03	$1.33	$2.50	139.6%	40.0%	29.4%	46.4%	0.0%	-11.3%	-43.8%	10.5K	-518.5K	-1.9K	0.00	55.22	N/A	N/A	202	0	9,033	775
2025-02-04	$1.35	$2.50	118.8%	34.1%	29.7%	37.1%	0.0%	3.7%	-45.5%	11.1K	-554.2K	-1.9K	0.18	53.27	N/A	N/A	137	24	9,082	775
2025-02-05	$1.48	$2.50	116.1%	33.3%	42.2%	35.9%	0.0%	16.9%	-42.4%	10.6K	-726.0K	-2.2K	0.15	4.66	N/A	N/A	513	75	9,066	799
2025-02-06	$1.46	$2.50	116.5%	22.2%	42.0%	36.0%	0.0%	18.7%	6.8%	10.4K	-715.7K	-2.2K	0.04	84.01	N/A	N/A	671	25	9,024	874
2025-02-07	$1.46	$2.50	120.5%	22.5%	42.0%	37.8%	0.0%	5.8%	-3.9%	11.9K	-675.3K	-2.0K	0.00	84.56	N/A	N/A	363	0	8,933	874
2025-02-10	$1.46	$2.50	135.7%	20.9%	42.0%	44.7%	0.0%	5.8%	-5.1%	12.2K	-713.6K	-2.0K	0.00	82.80	N/A	N/A	443	2	9,252	874
2025-02-11	$1.42	$2.50	151.8%	22.6%	41.5%	51.9%	0.0%	-0.1%	-19.6%	12.0K	-673.6K	-2.1K	0.00	83.58	N/A	N/A	341	0	9,369	876
2025-02-12	$1.46	$2.50	74.9%	21.5%	41.9%	17.3%	0.0%	1.2%	-0.1%	11.0K	-711.9K	-2.1K	0.00	82.80	N/A	N/A	142	0	9,253	876
2025-02-13	$1.46	$2.50	75.9%	21.7%	42.0%	17.8%	0.0%	4.6%	-15.3%	12.2K	-723.6K	-2.1K	0.33	82.80	N/A	N/A	9	3	9,359	876
2025-02-14	$1.42	$2.50	82.0%	23.5%	43.1%	20.5%	0.0%	5.1%	-9.4%	11.0K	-670.1K	-2.1K	0.00	83.58	N/A	N/A	44	0	9,362	879
2025-02-18	$1.46	$2.50	81.6%	23.4%	43.5%	20.4%	0.0%	5.5%	3.2%	10.6K	-734.3K	-2.2K	0.00	53.50	N/A	N/A	132	0	9,395	879
2025-02-19	$1.42	$2.50	88.4%	25.4%	45.3%	23.4%	0.0%	-2.6%	-13.7%	11.2K	-679.3K	-2.1K	0.00	54.48	N/A	N/A	106	0	9,456	879
2025-02-20	$1.44	$2.50	92.2%	26.4%	44.5%	25.1%	0.0%	1.2%	-17.2%	11.8K	-696.5K	-2.0K	0.12	54.61	N/A	N/A	167	20	9,447	879
2025-02-21	$1.40	$2.50	88.6%	25.4%	46.3%	23.5%	0.0%	5.7%	-15.9%	11.3K	-666.3K	-2.0K	0.00	54.48	N/A	N/A	261	0	9,585	899
2025-02-24	$1.40	$2.50	105.2%	30.2%	46.3%	31.0%	0.0%	-7.2%	-15.6%	11.4K	-651.9K	-2.0K	3.92	55.54	N/A	N/A	52	204	9,800	892
2025-02-25	$1.35	$2.50	112.6%	32.3%	48.1%	34.3%	0.0%	-2.2%	-26.5%	10.8K	-575.9K	-2.0K	1.16	54.28	N/A	N/A	43	50	9,836	1,096
2025-02-26	$1.38	$2.50	107.2%	30.7%	48.4%	31.9%	0.0%	-4.5%	-40.4%	12.1K	-598.2K	-2.0K	0.50	54.38	N/A	N/A	20	10	9,838	1,146
2025-02-27	$1.33	$2.50	114.9%	33.0%	50.6%	35.3%	0.0%	-16.1%	-36.9%	11.0K	-537.9K	-2.0K	0.00	54.28	N/A	N/A	438	0	9,847	1,156
2025-02-28	$1.35	$2.50	120.2%	34.5%	48.1%	37.7%	0.0%	-10.3%	-34.5%	11.9K	-565.7K	-2.1K	1.30	54.28	N/A	N/A	23	30	10,256	1,156