RDVI Options History — August 2025

In August 2025, RDVI traded between $24.42 and $25.49. ATM implied volatility averaged 22.2%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 10.5% (HV 20d: 11.8%). Max pain ranged from $22.00 to $25.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2025-08-22: Highest Volume — 10 contracts
2025-08-19: Largest IV spike — 185.5% change
2025-08-01: Highest IV Rank — 19.3%
2025-08-01: Largest Expected Move — 10.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.14	$24.42	$25.49	$24.42	$25.41
Max Pain	$22.14	$22.00	$25.00	$25.00	$22.00
ATM IV	22.2%	8.6%	37.4%	37.4%	30.9%
Expected Move	7.4%	2.7%	10.7%	10.7%	8.8%
HV 20d	11.8%	10.0%	14.1%	10.0%	12.4%
HV 60d	11.6%	10.7%	13.0%	12.7%	11.3%
IV Rank	9.5%	0.0%	19.3%	19.3%	15.8%
IV Percentile	22.8%	0.0%	73.8%	73.8%	50.8%
Term Structure	-4.9%	-12.4%	10.3%	-12.4%	-7.5%
VWIV	5.8%	5.8%	5.8%	5.8%	5.8%
Skew 25d	2.2%	-21.4%	14.6%	10.8%	1.8%
Skew 10d	6.9%	-7.2%	27.8%	4.5%	15.8%
Call IV 25d	28.5%	13.1%	35.0%	33.1%	35.0%
Put IV 25d	30.7%	10.0%	43.9%	43.9%	36.8%
Bid-Ask Spread %	142.86	109.29	148.44	147.13	143.08
Gamma HHI	0.84	0.30	1.00	0.98	0.77
Net GEX	65.3K	0	219.6K	42.6K	1.3K
Net DEX	-220.5K	-635.5K	-120	-285.7K	-11.0K
Net VEX	-188	-567	0	-567	-28
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.476	0	10	0	0
Total OI	165.524	4	307	307	14

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2025-08-01	$24.42	$25.00	37.4%	10.7%	10.0%	19.3%	0.0%	10.8%	-12.4%	42.6K	-285.7K	-567	147.13	N/A	N/A	0	305	2
2025-08-04	$24.80	$22.00	23.8%	6.9%	10.9%	9.4%	0.0%	3.0%	-4.3%	50.1K	-353.0K	-529	146.89	N/A	N/A	0	305	2
2025-08-05	$24.78	$22.00	11.1%	7.1%	10.6%	0.3%	0.0%	2.3%	-5.3%	95.8K	-307.6K	-499	147.47	N/A	N/A	0	305	2
2025-08-06	$24.87	$22.00	8.6%	7.3%	10.7%	0.0%	0.0%	2.7%	-5.1%	148.2K	-320.0K	-477	148.44	N/A	N/A	0	305	2
2025-08-07	$24.73	$22.00	11.4%	7.2%	10.7%	1.9%	0.0%	1.3%	-6.6%	103.0K	-274.7K	-436	145.04	N/A	N/A	0	305	2
2025-08-08	$24.89	$22.00	10.8%	7.5%	10.7%	1.5%	0.0%	2.3%	-7.3%	148.6K	-329.0K	-418	146.09	N/A	N/A	0	305	2
2025-08-11	$24.91	$22.00	11.8%	5.0%	10.7%	2.3%	0.0%	9.2%	10.3%	219.6K	-313.4K	-309	142.06	N/A	N/A	0	305	2
2025-08-12	$25.23	$22.00	12.6%	7.3%	10.6%	2.8%	0.0%	4.1%	-6.0%	177.0K	-588.1K	-216	145.16	N/A	N/A	0	305	2
2025-08-13	$25.47	$22.00	25.9%	7.4%	11.0%	12.3%	0.0%	7.7%	-6.3%	95.0K	-620.5K	-168	146.10	N/A	N/A	0	305	2
2025-08-14	$25.43	$22.00	26.3%	7.5%	11.0%	12.6%	0.0%	2.4%	-3.5%	106.4K	-635.5K	-112	142.88	N/A	N/A	0	305	2
2025-08-15	$25.19	$22.00	26.1%	7.5%	11.6%	12.5%	0.0%	1.6%	-4.0%	175.4K	-530.4K	-44	143.74	N/A	N/A	0	305	2
2025-08-18	$25.18	$22.00	9.4%	2.7%	11.6%	0.5%	0.0%	14.6%	-0.7%	0	-7.6K	0	109.29	N/A	N/A	0	5	2
2025-08-19	$25.26	$22.00	26.8%	7.7%	11.5%	13.0%	0.0%	1.9%	-4.3%	300	-6.3K	-11	143.34	N/A	N/A	0	5	2
2025-08-20	$25.27	$22.00	28.1%	8.1%	11.4%	13.9%	0.0%	-21.4%	-4.8%	311	-6.4K	-10	145.31	N/A	N/A	0	5	2
2025-08-21	$24.96	$22.00	28.0%	8.0%	12.3%	13.8%	0.0%	0.9%	-5.4%	28	-120	-5	145.11	N/A	N/A	0	2	2
2025-08-22	$25.46	$22.00	26.6%	7.6%	14.1%	12.8%	5.8%	5.3%	-1.9%	88	-337	-3	136.80	N/A	N/A	10	2	2
2025-08-25	$25.41	$22.00	29.7%	8.5%	14.1%	15.0%	0.0%	2.5%	-7.1%	1.3K	-11.2K	-31	146.77	N/A	N/A	0	12	2
2025-08-26	$25.41	$22.00	20.9%	6.0%	14.1%	8.7%	0.0%	-14.0%	-6.5%	2.7K	-6.8K	-21	143.09	N/A	N/A	0	12	2
2025-08-27	$25.49	$22.00	29.8%	8.6%	13.6%	15.1%	0.0%	3.7%	-6.0%	1.3K	-11.5K	-29	142.94	N/A	N/A	0	12	2
2025-08-28	$25.45	$22.00	30.6%	8.8%	13.6%	15.6%	0.0%	2.6%	-8.3%	1.3K	-11.2K	-29	143.26	N/A	N/A	0	12	2
2025-08-29	$25.41	$22.00	30.9%	8.8%	12.4%	15.8%	0.0%	1.8%	-7.5%	1.3K	-11.0K	-28	143.08	N/A	N/A	0	12	2