GROY Options History — September 2025

In September 2025, GROY traded between $3.60 and $3.88. ATM implied volatility averaged 60.2%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 3.2% (HV 20d: 57.0%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.23.

Notable Days

  • 2025-09-30: Highest Volume — 5,242 contracts
  • 2025-09-09: Largest IV drop — 28.6% change
  • 2025-09-04: Highest IV Rank — 26.6%
  • 2025-09-30: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.75$3.60$3.88$3.79$3.83
Max Pain$1.64$1.50$2.00$2.00$2.00
ATM IV60.2%44.4%74.0%51.1%64.0%
Expected Move16.6%9.6%18.4%14.7%18.4%
HV 20d57.0%44.2%61.3%57.6%44.2%
HV 60d52.2%50.6%54.5%52.9%51.5%
IV Rank17.2%6.5%26.6%11.1%19.8%
IV Percentile40.4%9.9%67.1%21.8%50.8%
Term Structure3.0%-31.9%32.2%18.0%-1.1%
VWIV65.9%40.5%202.4%78.9%64.0%
Skew 25d8.6%-1.2%16.9%16.9%14.7%
Skew 10d15.8%6.3%26.6%16.9%24.1%
Call IV 25d55.5%36.0%102.0%98.0%57.7%
Put IV 25d64.2%47.8%114.9%114.9%72.3%
Bid-Ask Spread %17.239.8532.3619.9924.57
Gamma HHI0.410.350.520.450.44
Net GEX51.1K21.1K83.7K21.1K82.9K
Net DEX-7.1M-8.8M-5.3M-5.3M-8.6M
Net VEX-15.4K-23.3K-5.9K-5.9K-23.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.003.790.010.00
Total Volume1,870.8574685,2423,6935,242
Total OI35,879.23824,23246,19624,23246,196

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$3.79$2.0051.1%14.7%57.6%11.1%78.9%16.9%18.0%21.1K-5.3M-5.9K0.0119.99N/AN/A3,6692417,8476,385
2025-09-03$3.76$2.0062.7%18.0%58.2%19.0%202.4%7.5%18.7%29.2K-5.6M-7.9K0.0322.78N/AN/A1,0052820,4726,383
2025-09-04$3.60$1.5074.0%15.6%58.3%26.6%51.3%11.1%13.3%23.7K-5.3M-6.9K0.0217.48N/AN/A4581020,7356,403
2025-09-05$3.83$1.5060.2%12.2%61.3%17.2%40.5%15.5%21.2%26.5K-5.9M-7.4K0.0110.23N/AN/A921921,0516,413
2025-09-08$3.85$1.5062.2%9.6%60.1%18.6%48.6%11.7%32.2%26.6K-6.1M-8.0K0.089.85N/AN/A9157121,6046,418
2025-09-09$3.75$1.5044.4%17.2%60.4%6.5%54.9%7.7%-0.8%31.2K-5.9M-8.5K0.0532.36N/AN/A2,17511722,3266,481
2025-09-10$3.62$1.5056.3%16.1%59.6%14.6%53.9%-1.1%1.9%27.5K-5.5M-7.7K0.0215.37N/AN/A1,4782721,8616,591
2025-09-11$3.74$1.5060.5%17.3%60.2%17.5%60.6%4.6%-2.0%54.7K-7.3M-16.4K0.0215.72N/AN/A1,5293029,6466,613
2025-09-12$3.80$1.5060.2%17.2%60.2%17.2%59.8%8.8%0.7%59.5K-7.5M-17.5K0.0318.73N/AN/A6252030,0046,613
2025-09-15$3.77$1.5057.2%16.4%59.5%15.2%57.1%8.7%4.7%57.6K-7.6M-17.4K0.0214.85N/AN/A1,3452430,1936,614
2025-09-16$3.71$1.5059.0%16.9%60.3%16.4%59.9%5.0%-4.6%61.4K-7.5M-17.5K0.1018.34N/AN/A7147331,0776,616
2025-09-17$3.65$1.5057.9%16.6%56.9%15.7%58.0%2.4%0.0%58.4K-7.3M-17.2K0.0316.83N/AN/A7872231,2726,649
2025-09-18$3.62$1.5063.5%18.2%57.3%19.5%63.6%-1.2%-31.9%58.1K-7.2M-17.5K0.0216.70N/AN/A1,2022731,4896,668
2025-09-19$3.63$1.5059.6%17.1%54.3%16.8%59.8%2.6%-2.9%58.1K-7.3M-17.2K3.7919.99N/AN/A4031,52931,5166,689
2025-09-22$3.79$1.5061.9%17.8%55.8%18.4%61.9%10.9%1.4%55.3K-7.6M-18.6K0.0513.47N/AN/A3,45616531,0248,114
2025-09-23$3.81$1.5063.2%18.1%55.8%19.3%63.2%11.1%-3.3%62.2K-7.9M-20.7K0.0316.82N/AN/A1,4184032,7968,251
2025-09-24$3.67$1.5063.8%18.3%56.5%19.7%62.4%4.8%-1.5%62.7K-7.5M-21.1K0.1414.54N/AN/A1,47220333,7008,284
2025-09-25$3.74$2.0060.2%17.3%56.2%17.3%60.3%8.1%-1.3%64.8K-7.9M-21.5K0.2714.72N/AN/A2,01455034,1888,476
2025-09-26$3.87$2.0058.6%16.8%57.0%16.2%58.6%15.3%2.4%67.3K-8.5M-22.9K0.0216.03N/AN/A3,4965734,9129,009
2025-09-29$3.88$2.0063.3%18.2%46.7%19.4%63.4%16.4%-2.6%83.7K-8.8M-22.5K0.0212.41N/AN/A1,8924636,8359,050
2025-09-30$3.83$2.0064.0%18.4%44.2%19.8%64.0%14.7%-1.1%82.9K-8.6M-23.3K0.0024.57N/AN/A5,2241837,1049,092