RDVI Options History — December 2025

In December 2025, RDVI traded between $25.79 and $26.73. ATM implied volatility averaged 28.5%, placing in the 14.2% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 16.1% (HV 20d: 12.4%). Max pain ranged from $24.82 to $27.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2025-12-01: Highest Volume — 100 contracts
2025-12-29: Largest IV spike — 78.0% change
2025-12-09: Highest IV Rank — 24.3%
2025-12-01: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.35	$25.79	$26.73	$25.79	$26.30
Max Pain	$26.69	$24.82	$27.00	$24.82	$27.00
ATM IV	28.5%	16.1%	42.8%	32.8%	31.9%
Expected Move	7.5%	4.6%	9.4%	9.4%	9.1%
HV 20d	12.4%	10.2%	14.2%	13.9%	10.6%
HV 60d	12.3%	11.8%	12.7%	12.1%	12.6%
IV Rank	14.2%	5.3%	24.3%	17.2%	16.6%
IV Percentile	41.9%	13.9%	90.5%	65.1%	63.5%
Term Structure	-4.3%	-9.8%	16.2%	-9.8%	-9.8%
VWIV	31.2%	24.3%	38.2%	38.2%	24.3%
Skew 25d	1.2%	-16.1%	16.3%	1.6%	-0.2%
Skew 10d	1.9%	-3.0%	3.4%	3.4%	1.4%
Call IV 25d	31.0%	14.0%	39.7%	39.7%	39.0%
Put IV 25d	32.2%	16.2%	41.3%	41.3%	38.7%
Bid-Ask Spread %	150.02	139.41	155.92	144.53	149.09
Gamma HHI	0.91	0.50	1.00	1.00	1.00
Net GEX	1.9K	-11.2K	18.3K	8	13.4K
Net DEX	-38.9K	-130.3K	62.4K	-2.5K	-107.0K
Net VEX	-204	-377	-1	-1	-219
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	9.182	0	100	100	0
Total OI	119.909	1	203	1	103

Daily Data (22 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	Put Vol	Call OI	Put OI
2025-12-01	$25.79	$0.00	32.8%	9.4%	13.9%	17.2%	38.2%	1.6%	-9.8%	8	-2.5K	-1	144.53	N/A	N/A	0	100	1	0
2025-12-02	$25.98	$24.82	32.4%	9.3%	14.1%	17.0%	0.0%	12.0%	-9.5%	-11.2K	61.6K	-175	142.19	N/A	N/A	0	0	1	100
2025-12-03	$26.13	$24.82	20.6%	5.9%	14.2%	8.5%	0.0%	-16.1%	-8.1%	-4.2K	1.6K	-23	139.41	N/A	N/A	0	0	1	100
2025-12-04	$26.13	$0.00	36.1%	7.2%	13.8%	19.6%	0.0%	1.8%	-3.5%	-10.0K	62.4K	-166	155.54	N/A	N/A	0	0	1	100
2025-12-05	$26.22	$0.00	36.6%	7.1%	13.1%	20.0%	0.0%	1.9%	-3.5%	-9.8K	58.9K	-160	155.92	N/A	N/A	0	0	1	100
2025-12-08	$26.13	$0.00	40.1%	7.4%	13.2%	22.4%	0.0%	1.2%	-4.1%	-10.2K	61.6K	-142	155.80	N/A	N/A	0	0	1	100
2025-12-09	$26.16	$0.00	42.8%	7.4%	12.7%	24.3%	0.0%	2.1%	-4.2%	-10.1K	60.4K	-136	154.64	N/A	N/A	0	0	1	100
2025-12-10	$26.57	$0.00	24.9%	7.1%	13.8%	11.6%	0.0%	2.4%	-4.6%	-8.8K	29.4K	-82	149.15	N/A	N/A	0	0	1	100
2025-12-11	$26.73	$0.00	24.9%	7.1%	13.8%	11.6%	0.0%	1.8%	-3.7%	-7.3K	19.0K	-61	151.96	N/A	N/A	0	0	1	100
2025-12-12	$26.38	$0.00	25.4%	7.3%	13.9%	11.9%	24.3%	0.3%	-5.6%	-9.5K	24.6K	-64	150.42	N/A	N/A	100	0	1	100
2025-12-15	$26.51	$27.00	26.0%	7.4%	13.8%	12.4%	0.0%	1.1%	-5.9%	2.7K	-78.5K	-377	151.52	N/A	N/A	0	0	101	100
2025-12-16	$26.34	$27.00	26.2%	7.5%	12.2%	12.5%	0.0%	16.3%	-6.7%	4.1K	-62.2K	-355	149.69	N/A	N/A	0	0	101	100
2025-12-17	$26.11	$27.00	26.0%	7.4%	12.8%	12.3%	0.0%	0.5%	-6.5%	-397	-66.9K	-333	149.86	N/A	N/A	0	0	101	100
2025-12-18	$26.30	$27.00	26.2%	7.5%	12.9%	12.5%	0.0%	0.9%	-4.3%	1.6K	-62.7K	-322	150.01	N/A	N/A	2	0	101	100
2025-12-19	$26.39	$27.00	27.5%	7.9%	11.6%	13.4%	0.0%	1.2%	-5.4%	12.4K	-116.8K	-297	151.88	N/A	N/A	0	0	103	100
2025-12-22	$26.57	$27.00	16.1%	4.6%	11.1%	5.3%	0.0%	-6.9%	15.3%	18.3K	-116.4K	-283	147.02	N/A	N/A	0	0	103	0
2025-12-23	$26.59	$27.00	26.8%	7.7%	11.1%	12.9%	0.0%	0.4%	-6.1%	13.1K	-125.9K	-281	152.00	N/A	N/A	0	0	103	0
2025-12-24	$26.68	$27.00	26.8%	7.7%	10.2%	13.0%	0.0%	0.7%	-6.2%	13.5K	-130.3K	-276	151.01	N/A	N/A	0	0	103	0
2025-12-26	$26.66	$27.00	16.8%	4.8%	10.2%	5.8%	0.0%	1.7%	16.2%	16.7K	-124.6K	-264	148.87	N/A	N/A	0	0	103	0
2025-12-29	$26.55	$27.00	29.8%	8.5%	10.4%	15.1%	0.0%	1.5%	-8.8%	13.8K	-121.6K	-239	149.75	N/A	N/A	0	0	103	0
2025-12-30	$26.51	$27.00	30.7%	8.8%	10.4%	15.7%	0.0%	0.7%	-9.2%	13.8K	-119.0K	-233	150.25	N/A	N/A	0	0	103	0
2025-12-31	$26.30	$27.00	31.9%	9.1%	10.6%	16.6%	0.0%	-0.2%	-9.8%	13.4K	-107.0K	-219	149.09	N/A	N/A	0	0	103	0