RYLD Options History — February 2025

In February 2025, RYLD traded between $15.91 and $16.86. ATM implied volatility averaged 9.5%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 2.6%. IV traded below realized volatility by 0.1% (HV 20d: 9.6%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 2.16.

Notable Days

2025-02-28: Highest Volume — 822 contracts
2025-02-21: Largest IV spike — 62.7% change
2025-02-28: Highest IV Rank — 20.8%
2025-02-28: Largest Expected Move — 4.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.51	$15.91	$16.86	$16.46	$15.98
Max Pain	$16.68	$15.00	$17.00	$15.00	$17.00
ATM IV	9.5%	5.7%	15.0%	14.8%	15.0%
Expected Move	2.6%	1.6%	4.3%	4.2%	4.3%
HV 20d	9.6%	6.5%	12.3%	10.6%	12.3%
HV 60d	12.1%	11.4%	13.0%	13.0%	12.8%
IV Rank	10.4%	3.1%	20.8%	20.3%	20.8%
IV Percentile	36.0%	5.2%	80.2%	79.0%	80.2%
Term Structure	4.2%	-5.6%	23.8%	-5.6%	-0.5%
VWIV	12.6%	5.0%	29.0%	22.8%	15.0%
Skew 25d	9.3%	1.1%	29.9%	3.5%	1.3%
Skew 10d	16.8%	1.1%	59.2%	1.6%	1.5%
Call IV 25d	7.6%	4.9%	12.8%	7.7%	12.3%
Put IV 25d	16.9%	9.9%	35.3%	11.2%	13.6%
Bid-Ask Spread %	85.26	56.20	106.89	94.11	99.41
Gamma HHI	0.76	0.51	0.99	0.69	0.98
Net GEX	-155.9K	-245.0K	-56.0K	-132.3K	-189.3K
Net DEX	1.0M	396.3K	2.2M	934.1K	2.2M
Net VEX	-4.8K	-7.0K	-2.8K	-5.1K	-6.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.16	0.00	17.00	1.05	0.71
Total Volume	158.526	12	822	84	822
Total OI	2,695.105	2,398	3,286	2,398	3,286

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	$16.46	$15.00	14.8%	4.2%	10.6%	20.3%	0.0%	3.5%	-5.6%	-132.3K	934.1K	-5.1K	1.05	94.11	N/A	N/A	41	43	645	1,753
2025-02-04	$16.62	$15.00	14.3%	4.1%	10.5%	19.5%	22.8%	8.5%	-1.6%	-158.9K	602.4K	-4.7K	0.11	89.17	N/A	N/A	27	3	686	1,778
2025-02-05	$16.69	$15.00	10.5%	3.0%	10.6%	12.3%	15.8%	8.2%	-1.4%	-152.3K	435.2K	-4.1K	0.41	100.66	N/A	N/A	17	7	690	1,780
2025-02-06	$16.70	$17.00	13.8%	2.1%	10.3%	18.4%	9.6%	8.6%	4.6%	-152.3K	513.5K	-4.3K	0.11	82.55	N/A	N/A	19	2	657	1,780
2025-02-07	$16.63	$17.00	6.4%	1.8%	10.5%	4.6%	0.0%	7.7%	4.6%	-159.2K	606.5K	-4.6K	5.00	96.43	N/A	N/A	2	10	655	1,780
2025-02-10	$16.70	$17.00	8.2%	1.8%	8.8%	7.9%	0.0%	7.1%	4.5%	-148.0K	507.5K	-4.2K	0.00	78.31	N/A	N/A	21	0	657	1,780
2025-02-11	$16.68	$17.00	8.3%	1.8%	8.9%	8.2%	10.8%	8.3%	4.4%	-135.0K	589.0K	-4.8K	0.62	96.96	N/A	N/A	13	8	660	1,780
2025-02-12	$16.62	$17.00	6.7%	1.9%	8.4%	5.1%	0.0%	8.1%	1.3%	-143.7K	725.4K	-4.7K	17.00	78.18	N/A	N/A	1	17	660	1,784
2025-02-13	$16.73	$17.00	6.1%	1.8%	6.7%	4.0%	5.6%	21.3%	2.6%	-121.2K	557.6K	-3.2K	0.45	56.20	N/A	N/A	47	21	659	1,801
2025-02-14	$16.77	$17.00	5.7%	1.6%	6.6%	3.1%	29.0%	21.3%	4.6%	-121.6K	528.8K	-3.3K	0.22	77.35	N/A	N/A	45	10	614	1,822
2025-02-18	$16.84	$17.00	7.0%	2.0%	6.7%	5.7%	0.0%	29.9%	2.2%	-56.0K	396.3K	-2.8K	1.00	92.87	N/A	N/A	73	73	649	1,827
2025-02-19	$16.86	$17.00	7.7%	2.2%	6.5%	7.0%	5.0%	3.5%	4.2%	-134.3K	419.6K	-4.2K	1.54	95.48	N/A	N/A	211	324	694	1,818
2025-02-20	$16.77	$17.00	7.0%	2.0%	6.9%	5.6%	6.0%	8.7%	23.8%	-148.8K	933.0K	-6.3K	1.25	60.68	N/A	N/A	91	114	840	2,119
2025-02-21	$16.38	$17.00	11.3%	3.2%	10.9%	13.8%	12.4%	5.2%	12.3%	-138.1K	1.6M	-7.0K	2.35	67.37	N/A	N/A	107	251	910	2,197
2025-02-24	$16.16	$17.00	8.8%	2.5%	11.8%	9.1%	9.4%	18.7%	4.9%	-244.2K	2.1M	-5.1K	0.40	106.89	N/A	N/A	85	34	862	2,249
2025-02-25	$16.07	$17.00	8.9%	2.6%	11.8%	9.2%	9.2%	2.7%	1.8%	-245.0K	2.0M	-4.5K	1.50	93.14	N/A	N/A	32	48	913	2,130
2025-02-26	$16.09	$17.00	9.1%	2.6%	11.8%	9.7%	12.7%	1.1%	5.7%	-207.9K	1.8M	-6.0K	4.17	64.04	N/A	N/A	42	175	943	2,136
2025-02-27	$15.91	$17.00	10.6%	3.0%	12.3%	12.5%	12.5%	3.4%	6.8%	-173.6K	2.1M	-6.4K	3.09	90.08	N/A	N/A	43	133	977	2,236
2025-02-28	$15.98	$17.00	15.0%	4.3%	12.3%	20.8%	15.0%	1.3%	-0.5%	-189.3K	2.2M	-6.1K	0.71	99.41	N/A	N/A	482	340	954	2,332