RYLD Options History — September 2025

In September 2025, RYLD traded between $14.88 and $15.29. ATM implied volatility averaged 13.4%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 6.0% (HV 20d: 7.4%). Max pain ranged from $16.00 to $16.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 12.83.

Notable Days

  • 2025-09-19: Highest Volume — 532 contracts
  • 2025-09-09: Largest IV spike — 66.6% change
  • 2025-09-25: Highest IV Rank — 21.7%
  • 2025-09-25: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.14$14.88$15.29$15.09$15.00
Max Pain$16.00$16.00$16.00$16.00$16.00
ATM IV13.4%7.3%20.2%7.9%11.3%
Expected Move4.0%2.3%5.8%2.3%3.2%
HV 20d7.4%4.8%10.3%10.3%6.2%
HV 60d9.5%9.0%10.0%10.0%9.5%
IV Rank12.2%3.8%21.7%4.5%9.2%
IV Percentile55.0%9.1%84.9%15.5%44.4%
Term Structure0.6%-6.3%25.5%1.9%1.9%
VWIV20.2%7.9%40.4%7.9%8.8%
Skew 25d21.6%4.4%65.3%4.4%14.8%
Skew 10d37.4%16.4%123.0%19.1%22.0%
Call IV 25d9.7%7.9%14.1%10.2%10.6%
Put IV 25d31.3%14.7%73.5%14.7%25.4%
Bid-Ask Spread %110.3598.36118.5698.36110.98
Gamma HHI0.600.360.780.750.41
Net GEX99.0K-53.4K275.8K260.2K-33.6K
Net DEX2.2M876.7K2.6M2.6M2.3M
Net VEX-3.7K-5.3K-2.9K-4.4K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.830.1273.000.890.30
Total Volume76.143053219152
Total OI5,0352,7866,2885,9412,928

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$15.09$16.007.9%2.3%10.3%4.5%7.9%4.4%1.9%260.2K2.6M-4.4K0.8998.36N/AN/A101902,3893,552
2025-09-03$15.09$16.008.7%2.5%10.2%5.7%0.0%10.2%0.4%263.3K2.6M-4.1K0.00107.19N/AN/A002,4293,540
2025-09-04$15.14$16.007.5%4.0%10.2%4.1%20.3%63.4%0.5%275.8K2.4M-3.6K54.50106.28N/AN/A42182,4293,540
2025-09-05$15.20$16.007.3%2.5%10.0%3.8%19.4%46.0%1.1%176.6K2.3M-3.6K5.83109.27N/AN/A6352,4333,743
2025-09-08$15.21$16.008.2%3.4%10.0%4.9%0.0%13.9%-2.1%189.1K2.3M-4.0K28.00110.97N/AN/A1282,4383,771
2025-09-09$15.21$16.0013.6%4.6%10.0%12.5%0.0%18.6%-0.9%104.1K2.5M-4.7K1.00111.39N/AN/A332,4383,773
2025-09-10$15.21$16.0011.6%3.3%7.8%9.7%19.1%10.9%-6.3%162.7K2.2M-5.3K10.83110.70N/AN/A6652,4383,775
2025-09-11$15.25$16.0015.7%4.5%7.8%15.4%19.2%15.8%-3.2%167.4K2.2M-2.9K46.00113.16N/AN/A1462,4423,777
2025-09-12$15.25$16.0015.9%4.6%7.8%15.7%0.0%65.3%-0.3%130.8K2.4M-3.6K23.00114.60N/AN/A2462,4433,777
2025-09-15$15.27$16.0013.0%3.7%7.2%11.6%40.4%19.5%-2.3%155.6K2.1M-3.1K73.00111.81N/AN/A1732,4433,793
2025-09-16$15.27$16.0018.3%5.2%6.5%19.0%27.5%20.5%-4.0%112.9K2.4M-5.0K5.83110.83N/AN/A6352,4423,846
2025-09-17$15.27$16.0016.3%4.7%6.2%16.3%34.1%20.8%0.3%148.6K2.3M-3.9K0.45111.37N/AN/A29132,4413,814
2025-09-18$15.29$16.0016.5%4.7%6.1%16.6%21.9%20.3%25.5%84.3K2.1M-3.3K1.27110.77N/AN/A15192,4613,815
2025-09-19$15.18$16.0010.3%3.0%6.8%8.0%0.0%8.1%-0.7%136.3K876.7K-4.1K0.79110.91N/AN/A2982342,4703,013
2025-09-22$15.05$16.0015.8%4.5%4.8%15.6%14.3%11.9%-3.0%-32.5K2.2M-3.5K0.26107.78N/AN/A3594282,358
2025-09-23$15.04$16.0012.9%3.7%4.8%11.6%0.0%16.1%3.0%-51.6K2.2M-3.1K0.12112.92N/AN/A2634612,362
2025-09-24$14.98$16.0015.8%4.5%4.9%15.6%13.7%18.7%2.3%-53.4K2.2M-3.5K0.81118.56N/AN/A26214862,362
2025-09-25$14.88$16.0020.2%5.8%5.4%21.7%25.5%16.6%-5.3%-38.4K2.3M-2.9K1.75107.28N/AN/A8144972,379
2025-09-26$15.00$16.0018.8%5.4%6.2%19.7%10.9%20.6%1.2%-32.1K2.3M-2.9K0.17109.55N/AN/A615022,387
2025-09-29$15.02$16.0015.0%4.3%6.2%14.4%0.0%17.3%1.4%-48.1K2.2M-3.3K1.86112.56N/AN/A7135052,415
2025-09-30$15.00$16.0011.3%3.2%6.2%9.2%8.8%14.8%1.9%-33.6K2.3M-3.0K0.30110.98N/AN/A40125122,416