RYLD Options History — November 2025

In November 2025, RYLD traded between $14.79 and $15.50. ATM implied volatility averaged 12.4%, placing in the 10.8% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 0.3% (HV 20d: 12.1%). 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 11 of 19 days. Put/call ratio averaged 6.60.

Notable Days

2025-11-20: Highest Volume — 83 contracts
2025-11-28: Largest IV spike — 47.7% change
2025-11-18: Highest IV Rank — 16.6%
2025-11-18: Largest Expected Move — 4.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.25	$14.79	$15.50	$15.41	$15.29
Max Pain	$16.68	$15.00	$17.00	$15.00	$17.00
ATM IV	12.4%	8.6%	16.6%	14.8%	13.1%
Expected Move	3.5%	2.5%	4.7%	4.3%	3.7%
HV 20d	12.1%	7.1%	17.0%	11.1%	17.0%
HV 60d	10.1%	8.8%	12.2%	9.3%	12.1%
IV Rank	10.8%	5.5%	16.6%	14.2%	11.8%
IV Percentile	47.1%	16.7%	71.8%	61.9%	52.0%
Term Structure	1.3%	-6.0%	23.0%	-3.8%	0.3%
VWIV	14.5%	8.3%	48.4%	21.9%	14.8%
Skew 25d	45.5%	1.8%	125.7%	7.1%	6.5%
Skew 10d	100.9%	1.3%	172.6%	120.5%	10.7%
Call IV 25d	9.9%	7.5%	13.9%	9.9%	9.4%
Put IV 25d	55.4%	10.6%	139.6%	17.0%	15.9%
Bid-Ask Spread %	106.06	101.56	113.94	101.56	105.10
Gamma HHI	0.46	0.28	0.60	0.48	0.41
Net GEX	-85.0K	-132.8K	-32.6K	-81.8K	-104.0K
Net DEX	2.2M	1.9M	2.7M	2.0M	2.2M
Net VEX	-3.5K	-5.8K	-2.0K	-4.6K	-3.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.60	0.03	28.00	2.50	0.75
Total Volume	25.737	1	83	1	14
Total OI	3,788.316	3,763	3,840	3,763	3,827

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
2025-11-03	$15.41	$15.00	14.8%	4.3%	11.1%	14.2%	21.9%	7.1%	-3.8%	-81.8K	2.0M	-4.6K	0.00	101.56	N/A	N/A	0	1	573	3,190
2025-11-04	$15.32	$15.00	15.6%	4.5%	11.2%	15.2%	20.1%	6.8%	0.2%	-104.5K	2.1M	-4.5K	2.50	102.88	N/A	N/A	2	5	573	3,191
2025-11-05	$15.43	$15.00	11.6%	3.3%	11.4%	9.7%	12.9%	5.4%	0.3%	-82.3K	2.1M	-4.0K	0.67	101.81	N/A	N/A	3	2	575	3,191
2025-11-06	$15.32	$17.00	11.9%	4.2%	11.7%	10.2%	0.0%	53.3%	-1.9%	-88.9K	2.1M	-4.3K	0.00	103.55	N/A	N/A	0	10	578	3,190
2025-11-07	$15.32	$17.00	11.2%	3.4%	9.2%	9.1%	14.3%	46.8%	2.3%	-83.3K	2.1M	-3.9K	9.33	107.78	N/A	N/A	3	28	578	3,200
2025-11-10	$15.48	$17.00	11.8%	3.0%	7.2%	10.0%	10.4%	4.0%	-1.2%	-129.4K	1.9M	-5.8K	13.00	106.97	N/A	N/A	2	26	575	3,195
2025-11-11	$15.48	$17.00	13.9%	2.8%	7.2%	12.9%	10.5%	1.8%	-2.8%	-132.8K	1.9M	-5.3K	0.00	104.35	N/A	N/A	0	5	577	3,195
2025-11-12	$15.50	$17.00	14.8%	4.2%	7.1%	14.2%	14.7%	6.5%	-6.0%	-95.3K	1.9M	-4.0K	1.52	104.78	N/A	N/A	25	38	577	3,195
2025-11-13	$15.21	$17.00	11.2%	3.2%	9.8%	9.2%	12.4%	67.5%	1.5%	-70.5K	2.3M	-3.4K	0.00	107.82	N/A	N/A	0	9	562	3,214
2025-11-14	$15.27	$17.00	12.3%	3.5%	9.9%	10.7%	12.0%	60.6%	1.1%	-74.8K	2.3M	-3.2K	4.00	104.62	N/A	N/A	3	12	562	3,213
2025-11-17	$14.98	$17.00	14.7%	4.2%	11.9%	14.0%	48.4%	110.3%	-4.8%	-32.6K	2.6M	-2.5K	28.00	107.71	N/A	N/A	1	28	563	3,214
2025-11-18	$15.07	$17.00	16.6%	4.7%	12.2%	16.6%	8.7%	103.1%	-3.9%	-49.4K	2.5M	-2.9K	5.20	111.02	N/A	N/A	5	26	563	3,225
2025-11-19	$15.07	$17.00	13.0%	3.7%	12.1%	11.7%	13.1%	101.0%	-1.3%	-50.0K	2.6M	-2.4K	3.60	110.14	N/A	N/A	5	18	567	3,232
2025-11-20	$14.79	$17.00	12.0%	3.5%	13.5%	10.3%	10.1%	125.7%	23.0%	-56.0K	2.7M	-2.0K	26.67	113.94	N/A	N/A	3	80	572	3,232
2025-11-21	$15.20	$17.00	10.3%	2.9%	16.8%	7.9%	10.9%	68.4%	7.9%	-77.2K	2.4M	-2.3K	2.67	106.05	N/A	N/A	21	56	574	3,221
2025-11-24	$15.16	$17.00	8.6%	2.5%	16.8%	5.5%	9.0%	63.3%	7.9%	-97.1K	2.5M	-2.7K	0.50	105.38	N/A	N/A	4	2	499	3,341
2025-11-25	$15.23	$17.00	9.4%	2.7%	17.0%	6.7%	8.4%	23.7%	4.0%	-112.4K	2.4M	-2.4K	0.03	104.41	N/A	N/A	35	1	517	3,304
2025-11-26	$15.29	$17.00	8.8%	2.5%	17.0%	5.9%	8.3%	2.3%	2.2%	-93.0K	2.2M	-2.6K	0.60	105.34	N/A	N/A	10	6	546	3,277
2025-11-28	$15.29	$17.00	13.1%	3.7%	17.0%	11.8%	14.8%	6.5%	0.3%	-104.0K	2.2M	-3.2K	0.75	105.10	N/A	N/A	8	6	548	3,279